Exemption Schedule for Academic & Professional Qualifications

Subject CAT B.Com. BBA BBA B.Sc. BCS BE LLB B.Com. M.Com. MBA ICSP ICAP ICMAP ACCA
(Hons.) (Hons) upto
4 years Module E Stage 5

FOUNDATION

Basic Accounting Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex

Basic Cost
Accounting Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex

Bus Maths Stats &

Economics Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex

INTERMEDIATE

Fin. Acc. Ex Ex Ex Ex Ex Ex Ex Ex

Performance
Measurement Ex Ex Ex

Bus. Laws &

Taxation Ex Ex Ex Ex Ex Ex Ex

BC & Behavioral
Studies Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex Ex

FINAL

Financial
Reporting Ex Ex Ex

Management
Accounting Ex Ex Ex Ex Ex

Auditing Ex Ex Ex

Total Exemptions 5 5 4 5 1 2 2 1 6 7 6 1 10 10 9

Exemptions are available for the students of ICAP and ICMAP on passing Module A, B, C & D and Stage 1, 2, 3 & 4,
respectively on paper to paper basis.
Exemptions are available subject to 80% course coverage of a respective subject / course.
The exemptions will be granted to those students only who have gotten at least 60% marks
in the subject in which exemption is applied for, except B.Com level candidates.
The cases of “Failure Condoned” in the subject in which exemption is applied for will not be entertained at any case.
Note: Only recognized Universities/Institutions (W-category only) from HEC will be considered.
The abbreviations used in the foregoing paragraphs represent the following:
ICAP Institute of Chartered Accountants of Pakistan
ICMAP Institute of Cost and Management Accountants of Pakistan
ACCA (UK) Association of Chartered Certified Accountants of United Kingdom
MBA Master of Business Administration
M.Com Master of Commerce
ACIS Associate Member of Institute of Corporate Secretaries of Pakistan
BBA Bachelor of Business Administration
BBA (HONS) Bachelor of Business Administration (HONS)
BCS Bachelor of Computer Science
B.E Bachelor of Engineering
LLB Bachelor of Laws
B.Com Bachelor of Commerce
B.Sc. Bachelor of Science
CAT (UK) Certified Accountant Technicians of United Kingdom