BSc in Accounting and Finance
Overview
The BSc in Accounting and Finance (BAF) is a four-year 480-credit programme designed to equip students with the knowledge, skills and abilities (KSAs) to succeed in the increasingly internationalising world of accounting and financial services, be it the private, public or third sectors in the Kurdistan Region of Iraq (KRI), Iraq at large and the globe. The economic convergence of the KRI economy and its financial system as well as institutions, require a workforce with the 21st century skills, supportive to the ongoing socio-economic advancement of the region and the country.
The BSc in Accounting and Finance aims to:
• Provide a rigorous coherent, engaging and intellectually demanding programme that lays a solid foundation of the aspects of business, analytics, accounting and finance.
• Promote engagement with political, ethical and moral issues in order to prepare students to take their responsibilities as informed and wise global citizens.
• Provide students an understanding of a range of issues in international business, whilst allowing students to learn from issues and experiences relevant to local environment.
• Enhance transferable skills relevant to a range of employment opportunities in both private and public sector organisations including the third sector.
• Provide students with an award valued by employers looking for people who can demonstrate logical quantitative reasoning and decision making.
• Enable students to undertake a rigorous study of the theories and techniques related to accounting and finance.
The programme is geared towards developing critical analysis ability of students through an experiential and personalised learning journey. Students’ learning is assessed through a wide variety of methods, including written exams, individual coursework, group projects, oral viva, individual and group presentations, case analysis, reflective journal, and so on.
Admission Requirements
- High School Diploma: High school certificate attained within the last five years and have obtained a high school average score of 60% or above.
- English Language Proficiency: Minimum English Language entry level is 40 in PTE, 5.0 in IELTS 52, in ibt-TOEFL or 85 in Duolingo. and progression required English score is 45 in PTE, 5.5 in IELTS, 64 in ibt-TOEFL or 95 in Duolingo.
- Equalized transcript is required for students who have graduated from international institutions.
- Applicants dismissed for any reason from any university, school or college will not be considered
- *Students whose high school average is between 55% - 60% can be admitted to the programme but this will be done on a probation basis for the entire AY1. For the progression to AY2, the students in probation will have to pass all AY1 modules and ensure a minimum average of 60% in AY1.
- Application Form: Online application is required
- Official Transcripts: Provide a copy of your official transcript (for applicants who graduated from international institutions, an equalized transcript is required).
- Certification Letter from High School: Provide an official letter from your High School Confirming your High School Average.
- A copy of your Passport/ID
Curriculum
The BAF programme contains 480 credits, delivered over four academic years (AY), predominantly in the form of taught modules worth 20 credits each. Six taught modules are delivered during each academic year (AY). A supervised 20-credit Advanced Research Methods (Dissertation) is delivered in the final Semester of AY4, following a taught Business Research Methods module in Semester 1. Key functional and strategic areas of the discipline such as accounting, financial management, economics, computer applications in accounting, digital finance, taxation and public finance, operations and services management in Industry 4, among others, are delivered.
In the final year, students are required to write a 6,000-word research dissertation. Under the current school structure, the programme shares some modules of its first two years with the Bachelor of Business and Management.
Modules:
School of Management and Economics (SME), 2024-25 AY
Year-Sem | CODE | MODULE TITLE | CREDITS | PRE-REQIUSITES |
AY1-S1 | CORE: | |||
SME101 | Principles of Management | 20 | ||
SME102 | Academic and Employability Skills | 20 | ||
SME103 | Quantitative Methods in Business | 20 | ||
AY1-S2 | CORE: | |||
EF101 | Microeconomic Principles | 20 | ||
SME104 | Principles of Marketing | 20 | ||
SME107 | Principles of Accounting | 20 | ||
AY2-S1 | CORE: | |||
EF204 | Macroeconomic Principles | Microeconomic Principles | ||
SME201 | Introduction to Finance and FinTech | 20 | ||
ELEC 1: | ||||
AF201 | Intermediate Accounting | 20 | Principles of Accounting | |
AY2-S2 | CORE: | |||
EF214 | Principles of Corporate Finance | 20 | Intro. to Finance and FinTech | |
SME203 | Commercial Law of Iraq | 20 | ||
ELEC 2: | ||||
AF202 | Cost Accounting | 20 | Principles of Accounting | |
AY3-S1 | CORE: | |||
SME301 | Managing Operations and Services in Industry 4.0 | 20 | Principles of Management
|
|
AF301 | Managerial Accounting | All Accounting modules in AY2 | ||
ELEC 3: | ||||
AF302 | Taxation | All Accounting modules in AY2 | ||
AY3-S2 | CORE: | |||
SME302 | International Business | 20 | Principles of Economics | |
EF309 | Digital Finance | 20 | Intro. to Finance and FinTech | |
ELEC 4: | ||||
AF303 | Auditing and Assurance Services | All Accounting modules in AY2 | ||
AY4-S1 | CORE: | |||
EF306 | Money and Banking | 20 | All Economics and Finance modules in AY1-AY3 | |
SME402 | Research Methods | 20 | All core modules in AY1-AY3 | |
ELEC 5: | ||||
AF401 | Advanced Accounting | All Accounting modules in AY2-AY3 | ||
AY4-S2 | CORE: | |||
SME403 | Strategic Management | 20 | All prior modules in AY1-AY4 | |
SME404 | Applied Research Methods | 20 | All prior modules in AY1-AY4 | |
ELEC 6: | ||||
AF402 | Computer Applications in Accounting | All prior Accounting modules in AY1-AY4 |
Skills Development
Holders of this degree have the opportunity to work in both the private and public sectors within Kurdistan. The program aims to develop a critical understanding of modern accounting analysis. develop quantitative, communications and information technology skills, and the ability to apply those skills in an accounting context. In addition, the program by encouraging research skills, communication skills and confidence in problem recognition and solving and prepare students for career and training opportunities in both accounting and related professions – in both the private and public sectors; voluntary organizations; and to prepare those interested in postgraduate study for the transition to an increasingly independent regime of study and research.
Final award and title:
Following successful completion of both the core and the specialisation modules, students will graduate with the following degree: BSc in ACCOUNTING AND FINANCE