Learn to record, interpret, report and critically evaluate financial information — and to apply finance principles to real decisions across business, banking, government, NGOs and Islamic finance.
The Accounting and Finance programme develops graduates who can understand, record, interpret, communicate and critically evaluate financial information, while also applying finance principles to organizational decision-making. The curriculum combines a strong accounting sequence with finance, economics, statistics, law, management, digital accounting systems, financial technology, data analytics, taxation, auditing, governance, ethics and research.
The curricular progression begins with academic and quantitative foundations, then develops competence in financial and cost accounting, financial reporting and IFRS, managerial accounting, banking and finance, corporate finance, investment analysis, budgeting, public financial management and specialized areas such as Islamic banking and finance, governmental budgeting, advanced auditing and assurance, financial risk management, Zakat, Awqaf and Islamic accounting, and professional internship.
A distinguishing feature of the programme is its broad sectoral relevance. The curriculum addresses commercial organizations, banks and financial institutions, public-sector bodies, NGOs and nonprofit organizations, and institutions operating within Islamic finance and social-finance environments. Digital Accounting Systems I and II, Fintech Fundamentals, and Financial Econometrics and Data Analytics provide an explicit technology and analytics dimension to the degree.
To be a respected center of accounting and finance education that develops ethical, analytically capable, digitally fluent and professionally prepared graduates who contribute to sound financial management, accountability and sustainable economic development.
To provide rigorous, practice-oriented education in accounting and finance through progressive coursework, applied learning, digital systems, research, ethical formation and professional exposure, enabling graduates to serve private, public, nonprofit and financial-sector organizations responsibly and effectively.
Integrity, accountability and sound professional conduct in the management and reporting of financial resources.
Working confidently with digital accounting systems, fintech tools, econometrics and financial data analytics.
Learning anchored in auditing, budgeting, reporting, case work, research and supervised workplace experience.
Accounting and finance are connected rather than treated as separate silos: financial accounting, reporting, cost and managerial accounting build progressively into corporate finance, investment, banking, risk and budgeting.
Computer Fundamentals, Fintech Fundamentals, Digital Accounting Systems I–II, and Financial Econometrics and Data Analytics form a pathway from digital literacy to technology-enabled financial analysis.
Public Financial Management, Financial Management for NGOs and Nonprofits, Applied Governmental Budgeting and the IPSAS elective prepare students for accountability, donor funds and public budgets.
Islamic Banking and Finance and Zakat, Awqaf and Islamic Accounting give graduates subject matter relevant to financial systems operating on Islamic finance principles.
Auditing, assurance, governance, ethics, a capstone research project and a professional internship move learning beyond the classroom toward judgment, accountability and workplace readiness.
Build a strong foundation in financial accounting, cost accounting, managerial accounting, reporting and assurance.
Develop the ability to apply finance concepts in corporate finance, investment, banking, risk management and budgeting decisions.
Prepare students to interpret and apply financial reporting principles, including IFRS-oriented and advanced financial reporting topics.
Develop competence in digital accounting systems, financial technology, quantitative methods, econometrics and data analytics.
Prepare graduates for financial management roles in business, government, NGOs, nonprofits and financial institutions.
Promote ethical reasoning, professional conduct, accountability and sound corporate governance.
Build capacity to understand taxation, public financial management, governmental budgeting and public-sector accountability.
Introduce Islamic banking and finance and Islamic accounting applications relevant to Zakat and Awqaf.
Develop research, inquiry, communication and evidence-based problem-solving skills through research methods and a capstone project.
Provide structured exposure to professional practice through internship and applied coursework.
On completion, graduates demonstrate the following capabilities across coursework, projects and professional practice.
| Ref. | Outcome | Expected Capability |
|---|---|---|
| PLO 1 | Accounting knowledge | Prepare and interpret accounting information using appropriate principles, procedures and reporting concepts across financial, cost and managerial accounting contexts. |
| PLO 2 | Financial reporting | Analyze financial statements and reporting issues and apply IFRS-oriented concepts in preparing and evaluating corporate financial information. |
| PLO 3 | Finance decision-making | Apply corporate finance, investment, banking, portfolio and risk concepts to financial decisions and resource allocation. |
| PLO 4 | Quantitative analysis | Use mathematics, statistics, econometrics and data analytics to analyze financial and business problems and support evidence-based conclusions. |
| PLO 5 | Digital competence | Use digital accounting systems and understand fintech-enabled processes in contemporary accounting and finance practice. |
| PLO 6 | Public and nonprofit finance | Apply budgeting and financial management concepts to public, governmental, NGO and nonprofit settings. |
| PLO 7 | Assurance and governance | Explain and apply auditing, assurance, governance, accountability, internal control and professional ethics principles. |
| PLO 8 | Legal, economic and managerial context | Integrate relevant economics, business law, management and strategic considerations into accounting and finance decisions. |
| PLO 9 | Islamic finance awareness | Demonstrate informed understanding of Islamic banking and finance and accounting issues associated with Zakat and Awqaf. |
| PLO 10 | Communication and research | Communicate financial ideas clearly, undertake structured research, evaluate evidence and present defensible findings. |
| PLO 11 | Professional practice | Demonstrate workplace readiness, responsibility, teamwork, adaptability and professional conduct during applied and internship experiences. |
Understands core accounting, reporting, finance, audit, budgeting and related business concepts.
Uses quantitative reasoning, data analytics and structured financial analysis to support decisions.
Recognizes the importance of integrity, professional standards, governance and stewardship of financial resources.
Works with digital accounting systems and understands the growing role of fintech and data in finance.
Prepares professional reports, explains financial findings and communicates with technical and non-technical stakeholders.
Applies financial knowledge across private firms, banks, government, NGOs and nonprofits.
Formulates questions, collects and interprets evidence, and completes an applied research project.
Learns continuously, collaborates, manages responsibilities and transitions into entry-level professional roles.
The two foundation semesters each carry 18 credit hours; the eight degree semesters range from 15 to 17 credit hours. The core curriculum totals 164 credit hours, with a separate 10-credit elective pool.
| Curriculum Component | Credit Hours |
|---|---|
| Foundation Year — Semester I | 18 |
| Foundation Year — Semester II | 18 |
| Semester I | 15 |
| Semester II | 16 |
| Semester III | 16 |
| Semester IV | 16 |
| Semester V | 15 |
| Semester VI | 17 |
| Semester VII | 17 |
| Semester VIII | 16 |
| Required / Core Curriculum Total | 164 |
| Elective Course Pool | 10 |
| Total Credits Represented | 174 |
| Domain | Representative Courses |
|---|---|
| Accounting and financial reporting | Accounting Fundamentals; Financial Accounting I–II; Intermediate Financial Accounting; Cost Accounting I–II; Financial Reporting and IFRS; Managerial Accounting; Advanced Financial Reporting. |
| Finance and investment | Banking and Finance; Corporate Finance; Investment Analysis and Portfolio Management; Financial Risk Management; Financial Markets and Institutions elective. |
| Public, governmental and nonprofit finance | Public Financial Management; Financial Management for NGOs and Nonprofits; Applied Governmental Budgeting; Public Sector Accounting and IPSAS elective. |
| Digital systems, fintech and analytics | Computer Fundamentals; Fintech Fundamentals; Digital Accounting Systems I–II; Financial Econometrics and Data Analytics; Data Analysis elective. |
| Assurance, governance and ethics | Fundamentals of Auditing; Advanced Auditing and Assurance; Corporate Governance and Accountability; Accounting Ethics and Professional Standards; Forensic Accounting and Fraud Examination elective. |
| Economics, business and quantitative foundations | Precalculus; Calculus; Business Mathematics; Business Statistics; Economics Fundamentals; Microeconomics; Macroeconomics; Business Studies; Principles of Management; Strategic Management; Principles of Business Law. |
| Islamic finance and accounting | Islamic Banking and Finance; Zakat, Awqaf and Islamic Accounting. |
| Communication, research and professional practice | English sequence; Critical Thinking; Study Skills; Business Communication; Research Methods; Capstone Research Project; Professional Internship. |
Assessment combines knowledge, technical competence, analysis, professional judgment and communication. Exact weightings are set in approved course specifications.
| Assessment Mode | Primary Purpose |
|---|---|
| Formative assessment | Quizzes, homework, short exercises, practice sets, draft submissions and in-class problem solving used to provide feedback during learning. |
| Summative examinations | Mid-semester and final examinations for conceptual knowledge, numerical competence and structured analysis. |
| Applied assignments | Financial statement preparation and analysis, budgeting exercises, tax computations, finance models, audit working papers, governance reviews and data-analysis tasks. |
| Case studies | Individual or group responses requiring interpretation, judgment, recommendations and professional communication. |
| Projects and presentations | Research, financial modelling, strategy, business or public-finance projects assessed through written and oral outputs. |
| Practical / laboratory assessment | Hands-on demonstrations of accounting software, digital systems, analytics tools and spreadsheet-based models where relevant. |
| Capstone research | A supervised research project assessing research design, evidence use, analysis, academic writing and oral defense or presentation. |
| Internship assessment | Supervisor feedback, student logbook or portfolio, reflective report and professional conduct evaluation, subject to institutional internship rules. |
Interactive lectures, tutorials and problem-solving sessions, computer laboratory work, case-based learning, group projects and presentations, research-based learning, experiential internship and simulation exercises such as audit planning and budget hearings.
Research Methods in Semester VI prepares students for the Capstone Research Project in Semester VII. The Professional Internship in Semester VIII links learning to accounting firms, banks, companies, government offices, NGOs and audit and finance departments.
The breadth of the curriculum supports entry-level pathways across accounting, finance, assurance, banking, public finance and nonprofit financial management.
Financial accountant, accounts officer, reporting assistant or management accounting assistant.
Internal audit assistant, external audit associate, assurance support or compliance officer.
Financial analyst, junior investment analyst, portfolio support officer or risk analyst.
Banking officer, credit and finance officer, treasury support or fintech operations role.
Budget officer, public finance officer, government finance assistant or fiscal-analysis support role.
NGO or nonprofit finance officer, grants finance assistant, donor-reporting officer or budgeting officer.
Tax assistant or junior tax practitioner, subject to local professional and legal requirements.
Forensic accounting and fraud-support roles, especially where the relevant elective is completed.
Research assistant, data-analysis support or financial planning role.
A separate 10-credit elective pool broadens the degree; the exact elective requirement is stated in the official academic regulations.
Applicants should meet the general undergraduate admission requirements set by Ilays National University. Entry with prior tertiary study, exemptions or transfer credit is assessed individually.
Contact AdmissionsTo be eligible for admission into the Ilays University undergraduate programs, applicants must meet the following criteria: