Dean's Message
The Faculty of Management Sciences aims to achieve its objectives in line with the vision to become a reputable university in business management education in Pakistan and build our strengths in teaching, learning and research. Our curricula do not only allow the students the opportunity to experience and develop an understanding of the latest tools and techniques, but also expose them to applied learning through experiential learning opportunities, field visits, and workshops from the very beginning of the program. Our training aims to nurture innovative young minds through offering a broad-based curriculum that provides students exposure both within their discipline and soft skills. Our approach in the development of curricula has therefore been to be creative and entrepreneurial towards introducing new ideas aimed towards the personal and intellectual development of our students. Professional learning, in terms of refining our strong associations with industry, commerce and professions in order for students to become responsible citizens and well-equipped to enter the knowledge-based workplace and society.
After the experience of the lingering pandemic, learning is taking many forms, and information will be available in many formats. By helping our students today discover how they can leverage the universities’ wide-ranging resources for lifelong learning, we will position them better for effective roles, as we continue to maximise through digital technology in the delivery of our programmes and expand our reach to attract students and faculty from all parts of the country and abroad.
I welcome you to the Faculty of Management Sciences at Salim Habib University (SHU).
Prof. Dr. Syed Irfan Hyder
Acting Dean
Faculty of Management Sciences
Department of Accounting & Finance
At the Department of Accounting and Finance, we are dedicated to nurturing the next generation of financial professionals, risk analysts, and fintech innovators through our comprehensive programs. Our BS in Accounting and Finance provides a strong foundation in financial principles and accounting practices. The BS in Actuarial Science & Risk Management focuses on assessing and managing risk with mathematical precision. Our BS in Fintech prepares students to lead in the rapidly evolving financial technology sector. Our distinguished faculty, comprising experienced academics and industry experts, ensure a blend of theoretical knowledge and practical insights, fostering a learning environment that promotes critical thinking and innovation.
Vision
To be a leading center of excellence in accounting, finance, actuarial science, and financial technology education and research, producing graduates who are well-equipped to excel in the global financial landscape and drive innovation in their respective fields.
Mission
To provide a rigorous and comprehensive education in accounting, finance, actuarial science, and fintech, equipping students with the knowledge, skills, and ethical framework necessary for professional success. We aim to foster critical thinking, innovation, and practical problem-solving through a blend of theoretical and hands-on learning experiences. Our mission includes conducting impactful research, engaging with industry partners to ensure curriculum relevance, and creating an inclusive environment that supports personal and professional growth.
BS Actuarial Science & Risk Management
The BS in Actuarial Science & Risk Management is tailored for those interested in the intersection of mathematics, statistics, and finance. This program focuses on assessing and managing risk across various sectors. Students learn to apply mathematical models to analyze financial uncertainty and develop strategies for risk mitigation. Graduates are ready for successful careers in insurance, consulting, and risk management.
Program Objectives
- To equip students with the mathematical, statistical, and analytical skills necessary for assessing and managing risk.
- To provide an understanding of financial theories and their application to insurance and risk management.
- To prepare students for professional actuarial examinations and careers in insurance, consulting, and financial risk management.
- To develop critical thinking and problem-solving abilities specific to financial uncertainty and risk analysis.
Tracks Offered
- Insurance & Takaful
- Enterprise Risk Management
- Financial Risk Management
- Pension and Retirement Planning
Expert Advisors From Industry
- Seasoned actuaries, risk management professionals, financial analysts, consultants, and academic experts who guide students’ professional growth, ensuring they are well-prepared for job placements and entrepreneurial opportunities.
- Shape the future of industries such as insurance, financial services, risk assessment, actuarial consulting, and enterprise risk management, influencing the curriculum and providing practical insights to bridge the gap between industry and academia.
Career Opportunities
- Insurance Underwriter
- Pension Analyst
- Actuarial Consultant
- Risk Consultant
- Enterprise Risk Manager
- Data Scientist
- Credit Risk Analyst
- Health Actuary
Why BS Actuarial Science & Risk Management ?
Master the Metrics: Gain the expertise to tackle complex financial risks with precision and insight.
Future-Proof Your Career: Unlock diverse, high-demand opportunities in finance and insurance with strong earning potential.
Advanced Assessment Mastery: Master tools and techniques like Monte Carlo simulations, stress testing, and scenario analysis for precise, data-driven risk evaluations and real-time monitoring.
Entry Requirements
The applicant should:
- Have 45% marks in HSC or equivalent marks in A-levels, or other qualifications
- Qualify the Aptitude Test and Interview
Internship Opportunities
- Insurance Companies
- Consulting Firms
- Asset Management Companies
- Brokerage Firms
- Healthcare Organizations
- Banks and Financial Institutions
- Government Agencies
Scheme of Study (Semester wise)
- Duration: 4 Years
- Semesters: 8
- Credit Hours: 137
1st Year |
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Semester - Ⅰ |
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| Course Code | Course Title | Credit Hours |
| CSC106 | Introduction to Computer Applications | 2+1 |
| ENG101 | Functional English | 2+1 |
| ACC101 | Introduction to Accounting | 2+1 |
| MGT101 | Principles of Management and Leadership | 3+0 |
| MTH107 | Business Mathematics | 3+0 |
| Total Credit Hours | 15 | |
Semester - ⅠⅠⅠ |
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| Course Code | Course Title | Credit Hours |
| ECO102 | Microeconomics | 3+0 |
| MTH108 | Calculus with Application | 3+0 |
| MKT101 | Principles of Marketing | 3+0 |
| ACC106 | Financial Accounting and Corporate Reporting | 2+1 |
| IST102 | Islam and World Religions | 2+0 |
| HUM101 | Foundations of Human Behavior | 3+0 |
| Total Credit Hours | 17 | |
Summer Semester |
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| Course Code | Course Title | Credit Hours |
| IIP100 | Industry Immersion Project I (Community Service) | 0+2 |
| Total Credit Hours | 2 | |
2nd Year |
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Semester - ⅠⅠⅠ |
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| Course Code | Course Title | Credit Hours |
| ENG105 | Presentation and Communication Skills | 3+0 |
| ACT201 | Probability and Statistics – I | 3+0 |
| FIN206 | Introduction to Finance | 3+0 |
| PST101 | Pakistan Studies | 2+0 |
| ACT203 | Introduction to Actuarial Science | 3+0 |
| XXXx | Natural Science (Elective) | 3+0 |
| Total Credit Hours | 17 | |
Semester - ⅠⅤ |
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| Course Code | Course Title | Credit Hours |
| FIN204 | Financial Management | 3+0 |
| ECO203 | Macroeconomics | 3+0 |
| PDV203 | Arts & Literature | 2+0 |
| ACT204 | Probability and Statistics – II | 2+1 |
| RM201 | Insurance Products and Practices | 3+0 |
| RM202 | Principles of Risk Management | 3+0 |
| Total Credit Hours | 17 | |
Summer Semester |
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| Course Code | Course Title | Credit Hours |
| IIP200 | Industry Immersion Project II (Corporate) | 0+3 |
| Total Credit Hours | 3 | |
3rd Year |
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Semester - Ⅴ |
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| Course Code | Course Title | Credit Hours |
| FIN302 | Financial Institutions and Markets | 3+0 |
| ENG306 | Applied Business Communication | 3+0 |
| FIN409 | Derivatives and Risk Management | 3+0 |
| RM301 | Takaful and Islamic Risk Management | 3+0 |
| FTE202 | Introduction to Fintech | 3+0 |
| Total Credit Hours | 15 | |
Semester - ⅤⅠ |
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| Course Code | Course Title | Credit Hours |
| RM302 | Financial Risk Management - I | 3+0 |
| MGT304 | Business Research Methods | 2+1 |
| FIN314 | Regulation for Insurance and Actuarial Science | 3+0 |
| RM303 | Data Analytics for Risk Management | 2+1 |
| RM304 | Insurtech and RiskTech | 2+1 |
| FIN315 | Financial Econometrics | 2+1 |
| Total Credit Hours | 18 | |
4th Year |
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Semester - ⅤⅠⅠ |
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| Course Code | Course Title | Credit Hours |
| FIN412 | Financial Mathematics | 3+0 |
| ACT402 | Actuarial Models | 2+1 |
| RM401 | Financial Risk Management - II | 3+0 |
| RM402 | Programming for Risk Management | 2+1 |
| TBA | ELP/FYP-I | 0+3 |
| Xxxx | Elective I | 3+0 |
| Total Credit Hours | 18 | |
Semester - ⅤⅠⅠⅠ |
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| Course Code | Course Title | Credit Hours |
| MGT406 | Business Strategy | 3+0 |
| FIN413 | Institutional Wealth Management | 3+0 |
| TBA | ELP/FYP-II | 0+3 |
| Xxxx | Elective II | 3+0 |
| Xxxx | Elective III | 3+0 |
| Total Credit Hours | 15 | |
Prof. Dr. Kaleem Raza Khan
Chairperson
Dr. Lakhi Muhammad
Professor
Dr. Kashif Arif
Acting Chairperson & Associate Professor
Dr. Hassaan Ahmed
Head of MBA Program & Associate Professor
Dr. Shamaila Burney
Acting Head of BBA Program & Associate Professor
Mr. Sheeraz Yar Khan
Assistant Professor
Mr. Rizwan Akram
Lecturer
Mr. Salman Qayyum Galani
Lecturer (Finance)
Ms. Sana Bint-E-Javaid
Lecturer
Ms. Priyanka Bajaj
Lecturer
Mr. Muhammad Fahad Anwar
Lecturer
Mr. Muhammad Abdullah Idrees
Lecturer
Mr. Zubair Khan
Lecturer
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