Accounting and Finance (ACF)

Programme Overview

The Accounting and Finance (ACF) programme at the Suleman Dawood School of Business (SDSB), LUMS, equips students with the theoretical knowledge, analytical skills, and practical understanding needed to navigate the fields of accounting and finance.

The programme emphasizes financial reporting, resource allocation, financial decision-making, critical thinking, and problem-solving. It also encourages students to develop effective communication, leadership, and interpersonal skills while understanding the importance of ethical and sustainable business practices.

Programme Learning Objectives

The programme aims to:

• Provide students with theoretical knowledge, analytical tools, and an understanding of current practices in accounting and finance.
• Develop students’ knowledge and practical skills in recording accounting transactions, events, and conditions, preparing financial reports in accordance with applicable frameworks, and using financial information to support decision-making.
• Develop students’ understanding of financial theory and practice, particularly in financing and allocating resources among competing opportunities to create value.
• Strengthen students’ critical thinking, problem-solving, and reasoning abilities so they can address complex business issues by integrating theory with practice.
• Develop students’ understanding of the legal, social, political, economic, and technological environments in which businesses operate.
• Provide opportunities for students to strengthen their personal and interpersonal skills, including effective communication, initiative, teamwork, and leadership, enabling them to become independent, confident, and reflective individuals.
• Encourage students to appreciate the importance of ethical and sustainable practices and their responsibilities as members of local and global communities.

Academic Year

The academic year at LUMS comprises two regular semesters:

• Fall Semester
• Spring Semester

Each regular semester spans 16 weeks, followed by one week of final examinations.

A class scheduled twice a week has 30 sessions during the semester, with 15 sessions allocated to each weekday. Faculty members are required to conduct at least 28 sessions, including midterm examinations. The two additional sessions may be used for regular or review classes, as needed; graded assessments cannot be conducted during these sessions.

The Fall semester generally begins at the end of August and continues until late December, while the Spring semester runs from mid-January through late May.

For the latest semester dates, course offerings, and enrollment deadlines, please refer to the official announcements issued by the University and the Registrar’s Office.