VU
Virtual University of Pakistan
Department of Management Sciences

Associate Degree in Accounting & Finance (2 year program)

Introduction

The Associate Degree in Accounting & Finance has been designed for candidates having 12-years education who want to have distinctive opportunity to study the theory and practice relating to accounting and finance, develop the proficiency in the application of accounting & finance principles in the financial and corporate sectors and to be absorbed at entry level positions in the ever demanding and rewarding field of accounting and finance.

If you have any queries, please feel free to contact the program coordinator:
Dr. Ijaz Butt
Emailijaz.butt@vu.edu.pk
Ph: +92-51-111-880-880 [Ext: 4974] 

 

Objectives

The objectives of the program are:

  • To offer the distinctive opportunity to study the theory and practice relating to accounting and finance.

  • To develop the proficiency in the application of accounting and finance principles in the financial and corporate sectors.

  • To enable the graduates to be absorbed at entry level positions in the ever demanding and rewarding field of accounting and finance.

  • Skill development and capacity building in the field of accounting and finance.

Eligibility Criteria

Intermediate (equivalent to 12 years of education) with at least 45% marks.

Note

  1. Candidates having 'A' levels are required to provide equivalence certificate from Inter Board Committee of Chairman (IBCC), Islamabad. (http://www.ibcc.edu.pk/)

  2. Candidates having 33% ~44% marks will be eligible for admission after the successful completion of “Zero  Semester”.

Assessment Criteria

The students study progress evaluation mechanism is based on continuous assessment throughout the semester by giving assignments, quizzes, Graded Discussion Boards (GDBs), mid-term and final-term examinations.

Assessment Tool

Marks

Semester Activities: (Assignments, Graded Discussions, Online Quizzes)

10%-20%

Mid-term Exam

20%-30%

Final-term Exam

60%

Total

100%

Award of Degree

To be eligible for the award of Associate Degree in Accounting & Finance candidates are required to complete at least 68 credit hours course work program by attending minimum 4-semesters with at least Cumulative Grade Point Average of 2 out of 4.

Project / Internship / Practicals

Students are required to complete a Project/ Internship Report in the final semester of their degree program. Students have to submit a detailed write-up of the project and will be required to give a presentation.
Student taking Internship course are required to complete 6 to 8 weeks internship in the organization and shall get internship letter from the concerned organization. The students who are already in service shall be exempted from Internship but required to submit the Project.

Scheme of Study

Total Credit Hours 67
Total Semesters 4
Duration 2 Years


Associate Degree Programs (Associate Degree in Accounting & Finance) Course Selection Rules
Semester No. 1
Course Code Title Type Pre Requisite Credit Hours Specialization
CS101 Introduction to Computing Required 3 (Theory:3, Practical:0)
ENG101 English Comprehension Required 3 (Theory:3, Practical:0)
MGT101 Financial Accounting Required 3 (Theory:3, Practical:0)
MGT211 Introduction To Business Required 3 (Theory:3, Practical:0)
ETH202 Ethics (for Non-Muslims) Elective 2 (Theory:2, Practical:0)
ISL202 Islamic Studies Elective 2 (Theory:2, Practical:0)
VU001 Introduction to e-Learning Required 1 (Theory:1, Practical:0)
 
Semester No. 2
Course Code Title Type Pre Requisite Credit Hours Specialization
ENG201 Business and Technical English Writing Required 3 (Theory:3, Practical:0)
MGT301 Principles of Marketing Required 3 (Theory:3, Practical:0)
MGT503 Principles of Management Required 3 (Theory:3, Practical:0)
MTH302 Business Mathematics & Statistics Required 3 (Theory:3, Practical:0)
MCM101 Introduction to Mass Communication Elective 3 (Theory:3, Practical:0)
PSY101 Introduction to Psychology Elective 3 (Theory:3, Practical:0)
SOC101 Introduction to Sociology Elective 3 (Theory:3, Practical:0)
PAK301 Pakistan Studies Required 2 (Theory:2, Practical:0)
 
Semester No. 3
Course Code Title Type Pre Requisite Credit Hours Specialization
ACC501 Business Finance Required MGT101
3 (Theory:3, Practical:0)
MGT402 Cost & Management Accounting Required MGT101
3 (Theory:3, Practical:0)
MGT411 Money & Banking Required MGT211
3 (Theory:3, Practical:0)
STA301 Statistics and Probability Required 3 (Theory:3, Practical:0)
ECO302 Principles of Microeconomics Elective 3 (Theory:3, Practical:0)
ECO401 Economics Elective 3 (Theory:3, Practical:0)
ECO402 Microeconomics Elective 3 (Theory:3, Practical:0)
PAK522 Ideology and Constitution of Pakistan Required 2 (Theory:2, Practical:0)
 
Semester No. 4
Course Code Title Type Pre Requisite Credit Hours Specialization
ACC101 QuickBooks Required 3 (Theory:3, Practical:0)
ETH100 Effective Citizenship Required 3 (Theory:3, Practical:0)
FIN623 Taxation Management Required MGT101
3 (Theory:3, Practical:0)
MGT401 Financial Accounting II Required MGT101
3 (Theory:3, Practical:0)
MGT602 Entrepreneurship Required 3 (Theory:3, Practical:0)
BIO101 Basic I-Biology Elective 3 (Theory:3, Practical:0)
GSC101 General Science Elective 3 (Theory:3, Practical:0)
PHY101 Physics Elective 3 (Theory:3, Practical:0)
 


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