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Introduction

The emerging global scenario necessitates the organizations to look for capable professionals and researchers in commerce, be competent in responding to the changing market needs and requirements. This unique program emphasizes a qualitative and empirical approach to deal with issues of both financial and non-financial sectors. This program concentrates on contemporary issues in the field of insurance, trade, accounting and finance and the students will be able to analyze the problems and make rational and cost-effective decisions. This will be helpful to enhance the social sensitivity and sensibility of the students and facilitate them in strengthening their skills vis-a-vis commerce, industry, and trade nationally and internationally. 

Program Objectives

MS Commerce program aims to familiarize the students with recent trends and issues in the field of commerce and enable them to critically understand and interpret the business environment and its prevailing realities critically. This program is designed:

  1. To develop the understanding of students about the theoretical, technical, strategic, and practical aspects.
  2. To familiarize students with the emerging issues.
  3. To provide an overview of new and fast-growing areas in the field of commerce.
  4. To develop the necessary skills for creating computer-based models for analyzing various decision problems emerging in today’s financial world.

Course Work Evaluation

As per as per Revised Postgraduate, Regulations and Procedures relating to MS/M.Phil. or Equivalent Program at AIOU, the distribution of continuous assessment and final examination of each 3-credit hour course work shall be as follows:

i.  Continuous Assessment                                           20%

ii. Mid Term                                                                 30%

ii. Final Examination                                                    50%

Eligibility Criteria

Entry Requirements

The minimum entry requirements for admission to MS Commerce program shall be minimum of 16 years of education in the discipline of Commerce/ Business or ACMA/CA/ACCA having an equivalence of 16 years of education from HEC as per Revised Postgraduate, Regulations and Procedures relating to MS/M.Phil. or Equivalent Program at AIOU.

Selection Process

  1. A candidate seeking admission to MS Commerce program shall be admitted according to the admission procedure given in as per Revised Postgraduate, Regulations and Procedures relating to MS/M.Phil. or Equivalent Program at AIOU.
  2. Candidates will be required to pass a test equivalent to GRE/GAT General conducted by the Department of Commerce.
  3. The candidates having GRE conducted by ETS with minimum of 50 percentage points/score or an equivalent as per HEC policy be considered for admission in MS/M.Phil. /Equivalent  programs, and shall not have to appear in the departmental admission test conducted by the university.
  4. After passing test, candidate will be called for interview and only selected candidates will be informed about their admission and to deposit the fee.

Duration

The minimum duration of the M.S. Commerce program shall be 4 semesters (2 years) and the maximum duration shall be 8 semesters (4 years) as per Revised Postgraduate, Regulations and Procedures relating to MS/M.Phil. or Equivalent Program at AIOU.

Sr. No

Course Title

Course Code

Credit Hours

1

Corporate Financial Reporting

7004

3

2

Advanced Research Methodology

8701

3

3

International Business & Finance (Elective-I)

8702

3

4

Issues in Taxation System

(Elective-II)

7000

3

Sr. No

Course Title

Course Code

Credit Hours

1

Financial Markets and Institutions

7005

3

2

Applied Econometrics

2703

3

3

Investment and Securities Management (Elective-III)

8715

3

4

Risk Management and Insurance (Elective-IV)

8716

3

Sr. No

Course Title

Course Code

Credit Hours

1

Thesis

7006

12

Elective / Major Courses:

Sr. No

Course Title

Code

Credit Hours

1

Issues in Taxation System

7000

3

2

Behavioral Finance

7001

3

3

Strategic Financial Management

7002

3

4

Financial Modeling

7003

3

5

International Trade Theory and Policy

2705

3

6

Investment and Securities Management

8715

3

7

International Business & Finance

8702

3

8

Risk Management and Insurance

8716

3

*Note: The Department will offer the elective courses based on the availability of resources.

2

3

4

5

6

7

About

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.