BS Accounting and Finance

Get Exemptions in CA, ACCA, CIMA and IBP

Introduction

This unique, professionally-oriented degree has been designed to provide a strong foundation to participants in accounting, finance, and taxation. It aims to equip participants with knowledge and competence in the field of business and commerce to pursue a professional career. It provides an environment that challenges the participants' minds through competitive education that emphasizes on inculcating values then transforming them into socially responsible managers and business leaders.

A distinctive feature of the BSAF program is that graduates can pursue a professional qualification by getting advanced standing/exemptions in CA, ACCA, and CIMA.

Exemptions to BSAF graduates in CA, ACCA, CIMA and IBP

The Institute of Chartered Accountants of Pakistan (ICAP)
Status:  Relevant Degree Awarding Institution (RDAI)

Get 9 exemptions from ICAP after degree completion. You have to pass only 4 exams to become CAF qualified. List of Course Exemptions:

  • PRC 1 Business Writing and Comprehension Skills
  • PRC 2 Quantitative Methods
  • PRC 3 Principles of Economics
  • PRC 4 Introduction to Accounting 
  • PRC 5 Introduction to Business
  • CAF 1 Financial Accounting and Reporting – I
  • CAF 4 Business Law
  • CAF 6 Managerial and Financial Analysis
  • CAF 7 Company Law
Association of Chartered Certified Accountants (ACCA)
Status:  Accelerate Program - Fee waived for exempted courses 

Get 9 exemptions from ACCA after degree completion. You have to pass only 4 exams to become ACCA qualified. List of Course Exemptions:

  • F1 Accountant in Business
  • F2 Management Accounting
  • F3 Financial Accounting
  • F4 Corporate and Business Law
  • F5 Performance Management
  • F6 Taxation
  • F7 Financial Reporting
  • F8 Audit and Assurance
  • F9 Financial Management
Chartered Institute of Management Accountants (CIMA)
Status: CGMA Finance Leadership Program (FLP) - Fast Track During Degree

Get 9 exemptions from CIMA during degree. You have to pass only 3 case study exams to become CAF qualified during degree. List of Course Exemptions:

  • SL1 Strategic Management
  • SL2 Risk Management
  • SL3 Financial Strategy
  • ML1 Managing Performance
  • ML2 Advanced Management Accounting
  • ML3 Advanced Financial Reporting
  • OL1 Managing Finance in a Digital World
  • OL2 Management Accounting
  • OL3 Financial Reporting
CGMA Exemptions for graduates

Get 8 exemptions from CIMA after degree completion. List of Course Exemptions:

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance and Business law
  • E1 Managing Finance in a Digital World
  • P1 Management Accounting
  • F1 Financial Reporting
  • OCS Operational Case Study Exam 

The Institute of Bankers of Pakistan (IBP)
Status: IBP Superior Qualification (ISQ)    

Get 2 exemptions from IBP after degree completion. List of Course Exemptions:

  • S1 Branch Banking
  • S2 Lending: Products, operations, risk management S3 Finance of International Trade & Related Treasury Operations

Exemptions in BSAF Program to CAF Qualified-ICAP or ACCA holders

CAF Qualified-ICAP or ACCA holders can get up to 50% of course exemptions in BS Accounting and Finance program. Additional Document Required: Completion certificate (CAF or ACCA)

Career Prospects

  • Pursue a career in Accounting/Finance/Auditing/Taxation
  • Pursue professional studies (CA/ACCA/CIMA), or higher education (MS/ PhD/ MBA)
  • Start/upgrade your business
  • Freelancing