College of Economics & Social Development

If you’re an educational professional who are looking to progress into management and consultancy, or an educational planning or development role, this is the best degree for you.

The College of Economics and Social Development (CESD) is a social science and liberal arts college with graduate and undergraduate programs in the areas of accountancy, management and law, education, economics, media studies and psychology. Research is a core competence of CESD. The program is designed to help students build a solid foundation in general business principles and skills. It requires completion of 144 credit hours of course work and 2 credit hours of internship of at least six weeks in a firm approved by the College. Students graduating with a CGPA of 2.5 automatically qualify for MBA program offered by CBM in a weekday full-time program. Students may take a maximum of six courses per semester with summer as an optional semester. This program will lead to an MBA or a professional accountancy qualification. The BS (Hons.) Accountancy, Management and Law degree has been accredited by two of the world renowned accountancy bodies, namely, the Institute of Chartered Accountants of Pakistan (ICAP) and the Association of Chartered Certified Accountants (ACCA), United Kingdom. Students opting for the ICAP qualification may get exemption from all four papers of Assessment of Fundamental Competencies (AFC) and the first four papers of Certificate in Accounting and Finance (CAF). Students opting for the ACCA qualification may get exemption from the following nine subjects:
1. F1-Accountant in Business
2. F2-Management Accounting
3. F3-Financial Accounting
4. F4-Corporate and Business Law
5. F5-Performance Management
6. F6-Taxation
7. F7-Financial Reporting
8. F8-Audit and Assurance
9. F9-Financial Management

The PLP in Drafting Legislation, Regulation, and Policy has been offered by the Institute of Advanced Legal Studies with considerable success since 2004.

Required Courses

Area  Course Code/Title
Accounting ACC102 Introduction to Accounting I (ICAP-CAF-1)
ACC103 Introduction to Accounting II (ICAP – CAF-1)
ACC202 Taxation I (ICAP – CAF-6)
ACC203 Financial Accounting I (ICAP – CAF-5)
ACC204 Taxation II (ICAP – CAF-6)
ACC303 Financial Reporting I (ICAP – CAF-7)
ACC304 Financial Accounting II (ICAP – CAF-5)
ACC306 Financial Reporting II (ICAP – CAF-7)
ACC307 Cost and Management Accounting I (ICAP – CAF-8)
ACC308 Cost and Management Accounting II (ICAP – CAF-8)
ACC405 Internal Auditing
ACC414 Auditing I (ICAP – CAF-9)
ACC416 Auditing II (ICAP – CAF-9)
ACC418 Performance Measurement and Decision Making
ACC501 Advanced Financial Accounting
ACC520 Managerial Analysis and Decision Making
Communication COM103 Functional English I (ICAP – AFC-1)
COM104 Functional English II (ICAP – AFC-1)
COM105 Business Communication I (ICAP – AFC-2)
Economics ECO202 Introduction to Economics & Finance I (ICAP-CAF-2)
ECO203 Introduction to Economics & Finance II (ICAP-CAF-2)
Finance FIN201 Introduction to Business Finance
FIN202 Financial Management
FIN511 Analysis of Financial Statements
FIN601 Strategic Financial Analysis and Design
Entrepreneurship ENT403 Small Business and Entrepreneurship
Human Resource Management HRM301 Human Resource Management
HRM502 Industrial Relations and Labour Laws
Management Information Systems MIS413 Information Technology I (ICAP-AFC-4)
MIS416 Information Technology II (ICAP-AFC-4)
Management MAN101 Principles of Management (ICAP- CAF-4)
Project Management
Corporate Governance
Social Sciences SSC103 Behavioral Studies (ICAP -CAF-4)
SSC202 Environmental Studies
SSC401 Business Ethics (ICAP -AFC-2)
Law LAW105 Mercantile Law (ICAP-CAF-3)
LAW106 Company Law (ICAP-CAF-3)
LAW202 Banking Laws in Pakistan
LAW203 Insurance Laws in Pakistan
LAW301 Intellectural Property, Patents, Copyrights
LAW400 Company Secretarial Practices
LAW404 Arbitration
LAW407 Statutory Compliance
Language LAN 10* Foreign Language I
*1 = Introduction to Arabic
*2 = Introduction to French
*4 = Introduction to German
*6 = Introduction to Italian
*8 = Introduction to Chinese
Marketing MKT301 Principles of Marketing
MKT404 Methods in Business Research
Statistics STA101 Quantitative Methods-I (ICAP -AFC-3)
STA102 Quantitative Methods-II (ICAP -AFC-3)
Logistics and Supply Chain Management SCM400 Introduction to ERP Systems
Religious Studies REL101 Islamic Studies

Course Structure

Semester One Semester Two Semester Three Semester Four
Functional English I
Quantitative Methods I
Information Technology I
Introduction to Economics and Finance I
Introduction to Accounting I
Mercantile Law I
Introduction to Economics and Finance II
Introduction to Accounting II
Business Communication
Quantitative Methods II
Functional English II
Behavioral Studies
Financial Accounting I
Taxation I
Financial Reporting I
Company Law
Cost and Management Accounting I
Auditing I
Cost and Management Accounting II
Financial Accounting II
Financial Reporting II
Auditing II
Information Technology II
Taxation II
Semester Five Semester Six Semester Seven Semester Eight
Introduction to Business Finance
Banking Laws in Pakistan
Principles of Marketing
Islamic Studies
Intellectual Property, Patents, Copyrights
Principles of Management
Human Resource Management
Financial Management
Introduction to ERP Systems*
Business Ethics
Internal Auditing
Advanced Financial Accounting
*Includes Introduction to concepts of Supply Chain Management
Company Secretarial Practices
Project Management
Methods in Business Research
Managerial Analysis and Decision Making
Insurance Laws in Pakistan
Analysis of Financial Statements
Any six of the following:
Strategic Financial Analysis and Design
Statutory Compliance
Performance Measurement and Decision Making
Industrial Relations and Labor Laws
Small Business and Entrepreneurship
Introduction to a Foreign Language
Corporate Governance
Environmental Studies