BS Commerce

Criterion 1: PROGRAM MISSION, OBJECTIVES AND OUTCOMES

1.1 Program Introduction

Sharp minds are catered in our department aiming at setting and imparting latest trends and setting new traditions into the field of commerce, business and entrepreneurship. Vim and vigor of the faculty is hereby reflected by the inclination of perfections in all the relevant fields of study by the students. Students are guided by offering them variety of courses developed in the line of knowledge enrich outline to prepare worthy managers and administrators in numerous fields of life.

Four year BS Commerce Honors program mainly focuses upon the vital areas of study like that of accounting, finance, taxation, computer applications, banking, e-commerce, economics, law, statistics, management and marketing.

1.2 Why BS Commerce/ B.Com Honors started at the Department of Commerce?

The Department of Commerce got established in 1996. In initial session, the department ran B.Com 2 year program. Later in realizing thirst of 4 year honors degree and the need for the knowledge of socio-economic indicators of the region, the department now offers opportunity to the young men and women for the Bachelor of Commerce (Honors) that perhaps contains 8 semesters or four year study duration.

Major aim of this program is to prepare the mind of youngsters so that they may gather appropriate knowledge of commerce, business, accounting, finance, and economics and can get familiarized with tally of research. In precise verdict such field of subjects helps the nation to produce quality management in their entire respective field of life. Students here opt state of the art computer lab, multimedia and internet for benefiting their minds by getting useful and latest knowledge about their subject or field of interest and hover around latest infrastructure.

Nothing compares to hands on experience. Bs Commerce Honors program has requisites of 6 to 8 week s of internship programs that executed in renowned banks, industry and accountancy firms etc which upgrade student knowledge and sharpens his/her skills so that they are to get industry ready. One the successful completion of all degree requirements, the aspirants let wide job placement market open diligently for themselves. They can easily pursue their career endeavors in industry, media and communication as well as multi-national organizations. They can also opt professional accountancy courses wherein they qualify to be accorded exemptions in some of the subjects offered to them in subsequent study tenure.

1.3 Mission Statement of BS Commerce/ B.Com Honors

Purpose of offering admissions in BS Commerce/B.Com Honors is to equip the students with proper understanding towards the field of business and industry so that they can pursue their bright career in future endeavors.

1.4 Core Objective of BS Commerce/ B.Com Honors

Providing quality education to the young men and women so that they should develop lust for having compatible knowledge of all the major areas of finance, accounting, economics, management, commerce and most essentially pre-requisites of research, which promises their future growth and successful excel in their relative field of study.

  • Let the students be familiarizing with the cruxes of wide range of problems and practices into the fields of commerce, industry and economy.
  • Improving the analytical footings of the aspirants so that they should have sufficient knowledge of the techniques that are used to reduce or probably resolve at large managerial problems.
  • For maintaining concrete beneficial relation-ship with commerce, trade, industry, government and non- profit organizations and to develop intellect minds that could serve the future office needs better.
  • Preparing and proliferation the minds of the young men and women and to furbish them with entrepreneurial caliber and thrift that is necessary to revive in today's global community.

1.5 Student Learning Outcomes

Students earned the degree of BS Commerce/B.Com Honors will undoubtedly:

SLO1: Be familiar to the crux of business and industrial persuasions

SLO2: Be in a position to use efficiently the relevant knowledge in the field of commerce and industry.

SLO3: Be easily highlighting the way outs of the problems and practices into the fields of commerce.

SLO4: Be having improved analytical footing of the aspirants so that they should have sufficient knowledge of the techniques used to reduce or probably resolve at large managerial problems.

SLO5: Be maintaining concrete beneficial relation-ship with commerce, trade, industry, government and non-profit organizations.

SLO6: Be having sufficient intellectual mind that could let them serve future needs better

SLO7: Be having a decent and gentle man personality that is reflected through their analytical the thoughtful approach towards their field of study.

1.6 BS Commerce/ B.Com Honors Student Outcomes:

The aspirants should be able to:

  1. Communicate effectively the problems and crux of commerce, industry and business.
  2. Have a thought full personality with sharp minded approach in communication the recent trends in the field of commerce.
  3. Having good financial and economic back ground of study help them know comprehensively about the global changing patterns in business world.
  4. Having ability to use variety of analytical tools in order to judge the current state of business in all respect.

Criterion 2:

The structure of program is absolutely brilliant that provide sufficient energy to the mind of aspirants so that they should have appropriate know how of the major courses of their respective field. BS Commerce Honors is contained into 8 semesters. All the semesters offer variety of courses which may be categorized into two respective groups viz a viz core subjects and supporting subjects.

Starting from semester 1, it has a subject of principles of accounting as core subject that provides ideas about fundamental accounting principles and concepts. Supporting courses are Islamic studies, functional english, introduction to business, business mathematics and micro economics. All the subjects are pioneer in the line of providing meaningful knowledge to the young men and women and enabling them to become future intellectuals.

Semester 2 has core subject of financial accounting that in advance to that of principles of accounting. This is accompanied by range of supporting courses like computer applications in business, macro economics, communication skills and business statistics and Pakistan studies. Certainly the significance of all these subjects is unveiled in current global market.

Semester 3 occupies in it introduction to business finance, advanced accounting I former provides profound understanding about inter-relations between financial markets, financial institutions and management. Whereas later provides knowledge about pre-requisites of financial statement of companies incorporated with international accounting standards and other integral accounting issues. This semester contains business law, business taxation, business psychology and economic issues of Pakistan as supporting courses.

Semester 4 is gathered around subjects like auditing, cost accounting, advanced accounting II and financial and regulatory institutions as core subjects with technical writing and presentation skills and inferential statistics as supporting courses.

Semester 5 has financial management as major course and research methods for business, managerial economics, principles of management, and introduction to sociology as supporting courses.

Semester 6 is engraved with managerial accounting, principles of risk management and insurance as core subjects and logical and critical thinking, human resource management, and entrepreneurship as supportive courses.

Semester 7 has financial reporting, investment analysis and portfolio management and research and viva voce I as core subjects. There's no development and restoration of self esteem of a nation unless there is research. Hence subject of research provides opportunity to the students to cater useful understandings about how to prepare solid research footings. In the same semester, E- Commerce and principles of marketing are offered in the line of supporting subject bracket.

Semester 8 comes with research and viva voce II that helps prepare good and finest researchers at the caliber of having 16 year of schooling. This semester offers corporate governance, international business, strategic management and organizational behavior as supporting courses in the line.

It is meaning full that aspirants cover 132 credit hours during the stay of 4 years or for 8 semesters in BS Commerce Honors program in the department

2.2 General Assessment:

Each semester contains 15 weeks of study that is exclusive of two weeks devoted for the conduction of midterm and final term examination. Midterm examination is to commence after 8 weeks of study and final term examination after 7 weeks of study since the resume of class work very after midterm examination. In the mean time students are awarded sessional marks which are justified in the line with the take up of written quizzes and assignments on various topics.

After 6th semester each student undergo 6-8 week of internship in some reputable and renowned organization and are required to prepare internship report at the climax. Internship viva voce and comprehensive examination is mandatory to be qualified before issuance of final result transcript or degree. Internship viva voce and comprehensive examination is scheduled at an appropriate time and date after the successful fade of last semester.

2.3 Concept building through field work, applying theoretical knowledge:

The Department of Commerce got established in 1996. In initial session, the department ran B.Com 2 year program. Later in realizing thirst of 4 year honors degree and the need for the knowledge of socio-economic indicators of the region, the department now offers opportunity to the young men and women for the Bachelor of Commerce (Honors) that perhaps contains 8 semesters or four year study duration.

Major aim of this program is to prepare the mind of youngsters so that they may gather appropriate knowledge of commerce, business, accounting, finance, and economics and can get familiarized with tally of research. In precise verdict such field of subjects helps the nation to produce quality management in their entire respective field of life. Students here opt state of the art computer lab, multimedia and internet for benefiting their minds by getting useful and latest knowledge about their subject or field of interest and hover around latest infrastructure.

2.4 Internship Program:

Nothing compares to hands on experience. BS Commerce Honors program has requisites of 6 to 8 weeks of internship programs that executed in renowned banks, industry and accountancy firms etc which upgrade student knowledge and sharpens his/her skills so that they are to get industry ready. One the successful completion of all degree requirements, the aspirants let wide job placement market open diligently for themselves. They can easily pursue their career endeavors in industry, media and communication as well as multi-national organizations. They can also opt professional accountancy courses wherein they qualify to be accorded exemptions in some of the subjects offered to them in subsequent study tenure.

2.5 Co-curricular activities:

Department of Commerce encourages students to be engaged in co-curricular activities. There are lots of events graced by honorable speakers, invited from home town and even from other cities, researchers, economists, accountants, overseas student promoters, and business tycoons who have been gracing the events arranged by delivering lectures as guest speakers or by being full day or half day workshops conductors/conveners.

Services:

Services provided to the students mainly are grouped into wi-fi internet, latest equipped computer lab and digital library that is fully computerized in its record keeping for books/magazines and journals issuance and return. Other than that services are like registration of students in different communities like that of dramatic society, blood donation society and society that helps victims of natural disasters, if any, issuance of the Departmental ID cards, student advisory (by program coordinators and student advisors; male and female). Skill full and antique personalities among the students are also encouraged to participate in Commerce Executive Forum.

Student Club:

The Department owes a bunch of students society named Commerce Executive Forum that is very active in floating valuable and profound ideas in the line of curricular, co-curricular and extracurricular activities in the Department. There have been lots of events like annual dinner, sports gala, bone fire, full day activity of furbishing variety of stalls containing eatables and others are defined and organized by this body in the past. The Forum is running successfully in current time and looking forward to its strong footings that are made morally, ethically and financially brought up by the selected students assigned various positions and tasks in Commerce Executive Forum.

Sports:

Numerous sports games are source of student's motivation and mental relaxation. Sports gala is organized every year in order to practice various sports games and events where in male and female students participate in huge no. and are always cheered up and are surely accompanied with faculty members.