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MCom program with specialization in Accounting & Finance is a professional degree being offered to impart advanced level knowledge & skills of accounting and finance. The program provides students with specialized knowledge and skills of Accounting and Finance and ability to apply theoretical knowledge in their practical life. The program also encourages continuous learning, exploring the new ways of identifying and dealing with opportunities and problems to face future challenges.

Eligibility Criteria

The program is offered to the applicants having 14 years of education in commerce/business education. The candidates who have secured at least 45% marks in bachelor's degree in business education (BCom / BBA / Associate Degree in Commerce) from any HEC recognized university are eligible for admission. Applicants having degree of BA 45% marks are also eligible for admission if they fulfill any of the following conditions:
a. Have done CA Inter
b. ICMA-One year post graduate certificate in accounting (PGA)

Selection Process

Open admission for all


2 Years program comprising of four semesters

Medium of Instruction


Teaching Methodology

The program is offered in face to face mode. Classes will be conducted online through LMS.
Some of the books in soft form are also available on university website: Student advised to consult the concerned tutors/resource person for rest of the books and helping material.

AIOU Credits Required

36 Credit Hours

1. Entrepreneurship-8503
2. Basics of Technical English-8504
3. Management Theory and Practice-8506
4. Advanced Financial Accounting-8553
5. E.commerce-8554

1. Managerial Accounting-8508
2. Production & Operations Management-8509
3. Business Research-8510
4. Marketing Management-8511
5. Business Mathematics & Statistics-8532

1. Financial Management-8513
2. Business and Labour Laws-8514
3. Project Management-8516
4. Management Economics-8522
5. Public Sector Accounting-8555

1. Corporate Finance-8524
2. Money and Capital Markets-8526
3. Taxation Management-8531
4. Advance Auditing-8533
5. Research Project-8566
    Financial Reporting I-8567 & Financial Reporting II-8568
    Financial Reporting I-8567 & Internship -8569




Three day workshops for each course in a semester.


Research Project: Project Guidelines can be downloaded using URL (


Each subject requires a personal visit of the company to study assigned topic and prepare a report thereof.


After satisfactory evaluation report by the external examiner, the student has to defend his/her research work in front of examiner panel.




The Allama Iqbal Open University was established in May, 1974, with the main objectives of providing educational opportunities to masses and to those who cannot leave their homes and jobs. During all these past years, the University has more than fulfilled this promise.