Office of Admissions
LUMS DHA, Lahore Cantt. 54792, Lahore, Pakistan
Tel: +92 42 3560 8000 Ext.: 2177
The BSc (Honours) Accounting and Finance degree at LUMS provides a transformative educational experience that positions you for success. Offered through the Suleman Dawood School of Business (SDSB), Pakistan’s first business school to achieve accreditation by AACSB International, the programme provides the foundation for a fast-track career in business and management. It also serves as the basis for those who wish to continue their studies and earn professional certifications.
The programme has a broad-based curriculum that equips you with the tools necessary for intelligent analysis, planning, control and decision making. Graduates of this programme go on to have successful careers in auditing, corporate accounting, management consulting and taxation in corporate, government and not-for-profit organisations.
Students have the freedom to combine a variety of different complementary courses, and the flexibility of selecting courses to suit their needs and interests.
The BSc (Honours) Accounting and Finance programme also allows students to follow a set of pre-identified courses to simultaneously complete professional certifications with their undergraduate degree.
In partnership with certification bodies, several different tracks are offered. Click through the below to explore.
SDSB has an MoU with ACCA - the world’s fastest-growing gateway to the accountancy profession.
In 2013, The Institute of Chartered Accountants of Pakistan (ICAP) recognised LUMS as a Specified Degree Awarding Institute (SDAI).
LUMS is a regional partner of the CFA Program. CFA Institute partners with globally diverse, high profile institutions who cover at least 70% of the CFA Program Candidate Body of Knowledge and who embrace the CFA Institute Code of Ethics and Standards of Professional Conduct in their degree programmes.
The LUMS BSc Accounting and Finance degree provides opportunities to students to prepare for the fellowship of the Society of Actuaries (SOA).
The programme consists of an Accounting and Finance core with 6 courses and 18 credits, as well as an internship, as follows:
The programme also offers a wide range of electives courses, which allows students to develop the business acumen, global thinking, interpersonal skills, leadership traits and social conscientiousness that is necessary for success in a contemporary business environment.
Accounting & Finance
No. of Courses
Accounting and Finance Major Requirements
Accounting and Finance Major Core
Accounting and Finance Internship
Accounting and Finance Major Electives
University Free Electives
Applicants must meet the minimum eligibility criteria in order to be considered for admission to the Undergraduate Programme. Meeting this criteria does not guarantee admission to the Undergraduate Programme. Students are selected for admission to LUMS Undergraduate Programmes based on the following factors:
LUMS is committed to admitting the best academic students who have the potential to contribute to the learning environment at the University and bring change to their communities. Consequently, LUMS considers academic achievements alongside other aspects of a candidate’s application.
Each successful applicant is made an offer for entry into a particular School at LUMS. Applicants for each School are selected on the basis of Programme requirements of that particular School. Applicants should carefully choose the School(s) they apply to, and take into consideration their interests, motivations, academic strengths, and future career paths.
Admission in a specific school is based on merit and the availability of seats. Decisions on the admission of applicants are final.
The University is keen to attract students who are not only academically competent but also have the potential to contribute to the learning environment of LUMS. Following are the minimum academic requirements for applicants applying to the Undergraduate Programme:
Applicants who have successfully completed FA/ICS/ICOM/FSc/A Level/High School Diploma or International Baccalaureate (IB) are eligible to apply for admission if they fulfil one of the following academic qualifications:
If shortlisted for admission, applicants will be given a conditional offer. To join LUMS in Fall 2023, applicants must subsequently meet all the stipulated conditions specified by the Admissions Committee by August 2023.
1Minimum subjects requirement for O Levels may vary regionally and can be checked here.
2Best three (3) A levels full credit subjects will be considered for evaluation.
3Applicants should have sciences subjects in IB to apply to Syed Babar Ali School of Science & Engineering (SBASSE) at LUMS. As far as subjects’ levels is concerned, Mathematics subject at a Higher Level (HL) will be accepted. Applicants may take the other sciences subjects at Standard Level (SL). Applicants will be required to submit the IBCC equivalence certificate in science subjects for SBASSE. For Chemical and Electrical Engineering, the IBCC equivalence certificate should be equivalent to Pre-Engineering Stream.
Applicants who have not registered or taken the final exams of their FA/ICS/ICOM/FSc/A Level (in at least three full credit A Level subjects) High School Diploma or International Baccalaureate (IB) as yet and are expecting their final results by August 2023 are eligible to apply for admission if they fulfil one of the following academic qualifications:
If shortlisted for admission, applicants will be given a conditional offer. To join LUMS in Fall 2023, applicants must subsequently meet all the stipulated conditions specified by the Admissions Committee by August 2023.
Note: Applicants admitted to LUMS and subsequently require Higher Education Commission (HEC) attestation of their UG degree must meet the conditions stipulated by the HEC, Pakistan to get their Undergraduate degree attested. Details are available here.
1 Minimum subjects requirement for O Levels may vary regionally and can be checked by visiting the following link: http://www.ibcc.edu.pk/equivalence.php
2Applicants should have sciences subjects in IB to apply to Syed Babar Ali School of Science & Engineering (SBASSE) at LUMS. As far as subjects’ levels is concerned, Mathematics subject at a Higher Level (HL) will be accepted. Applicants may take the other sciences subjects at Standard Level (SL). Applicants will be required to submit the IBCC equivalence certificate in science subjects for SBASSE. For Chemical and Electrical Engineering, the IBCC equivalence certificate should be equivalent to Pre-Engineering Stream.
Students may apply for admission to any two schools through a single application. Applicants are required to mention their major preference(s) for BS Programmes at the Syed Babar Ali School of Science and Engineering (SBASSE) and department and major BA/BSc (Honours) Programmes at the Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS) and the Suleman Dawood School of Business (SDSB) through the LUMS Online Admission Application form.
Students are admitted to a specific school based on merit and availability of seats. At the time of admission, the students are not assigned a major, except those admitted to the BA-LL.B Programme in the Shaikh Ahmad Hassan School of Law (SAHSOL). For the BA/BSc (Honours) Programmes at the Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS), students are admitted into one of the two admission streams (HSS, ECON) according to the preferences chosen by the applicants in the online application.
Allocation of a preferred major cannot be guaranteed at the time of admission. Allocation of a major will be done according to the School’s policy and mainly determined by the students’ preference(s), their academic performance at LUMS and, in the case of MGSHSS, the availability of seats in the major.
Students may request for a change in their Programme/School at the end of first year at LUMS, subject to academic performance and availability of space. However, such requests will be considered on a case to case basis by the concerned department.
Applicants applying to the Suleman Dawood School of Business (SDSB) and/or Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS) are required to take One (1) of the following tests in order to be considered for Fall 2023 Admissions:
The admission application will be considered for evaluation after the successful completion of the following Four (4) STEPS by the applicants on or before the stipulated deadlines:
Completion of all steps is mandatory. Application, documents or fee received after the stipulated deadline will not be processed.
Shortlisted applications will be reviewed by the relevant committee to finalize the admission decision. Applicants are encouraged to provide complete information regarding their academic achievement, extracurricular activities and must tell LUMS about their success stories to substantiate their applications.
Only shortlisted candidates are called for interview.
The modes of payment are as follows:
1. Voucher can be paid through cash, Pay Order and Bank Drafts made in favour of "Lahore University of Management Sciences" at any branch within Pakistan of following banks:
2. For online Credit/Debit card payment, please click here.
3. Vouchers can also be paid through ATM machines and internet banking portals of the following banks:
Through an amendment in the Income Tax Ordinance 2001 by Finance Act 2013, advance tax (under section 236 I) shall be collected @ 5% on the entire amount of fee except refundable portion.
Bank Helpline Numbers
Allied Bank Limited
1. UAN: 111-225-225, Branch contact No: 042-35748308
2. Regional Office: 042-35747603
Meezan Bank Limited
1. Region Office: 92-42-35786207
2. Head Office: 92-21-36406139
Bank Al-Habib Limited
1. Karachi: 92-21-32277231-239, Lahore: 0333-1218430
2. DHA Ph. 5 Branch: 042-37189231 042-37189234
Fee Structure for Freshman - FY 2023-24
|Particulars||Fall 2023||Spring 2024||Summer 2024||Total|
|Hostel Fee Double Occupancy|
|Hostel Fee Triple Occupancy (Bigger room)||54,700||54,700||TBA|
|Hostel Fee Triple Occupancy (Smaller room)|
To learn more about the University's Refund Policy, please click here.
|Online Application Deadline||February 01, 2023, 5:00 pm (PKT)|
|Deadline to submit online supporting documents and Processing Fee||February 03, 2023|
|Deadline to take ACT||February 11, 2023|
|Deadline to take SAT||March 11, 2023|
|LUMS Admission Test (LCAT and Scientific Aptitude Test)||February 26, 2023|
|Admission Decisions||April 2023 - July 2023|
|Commencement of Classes||September 2023|
Please refer to the Admission Criteria tab.
Admission to the LUMS Undergraduate programme is highly competitive and the University is able to offer admission to only a small fraction of applicants.
For the programmes offered by SDSB/MGSHSS/SBASSE/SAHSOL, submit an online admission application through the following link: https://admissions.lums.edu.pk
Applicants with diploma may apply if they have secured minimum 70% marks or above, however, they are required to submit equivalence certificate issued by the IBCC, Pakistan.
Please refer to the Admission Criteria tab for details.
No, applicants are evaluated on their academic grades regardless of the fact whether someone has taken the final exam through a school/college or privately.
Yes, LUMS accepts transfer students from accredited institutions at the undergraduate level. Applicants interested in transfer to the LUMS undergraduate programmes should be enrolled in an undergraduate programme in an HEC recognised institution and should have completed one year or expected to complete one year before joining as a full time student. Transfer is offered twice a year before the Fall and Spring semesters respectively.
Please visit the mentioned link https://admission.lums.edu.pk/programmes/transfer for detailed information.
No, attending the first semester at LUMS is compulsory and deferment is not an option for undergraduates.
All admission decisions taken by the University are final. During admission evaluation process, some applicants are admitted, some are placed on a waiting list and the remaining applicants are denied admission. Acceptances are offered between April to July. For this reason, your admission decision may arrive at a different time from a friend or classmate.
No, by default the LUMS online application system allows you to simultaneously apply for maximum two schools from all four schools i.e. Suleman Dawood School of Business/Mushtaq Ahmad Gurmani School of Humanities and Social Sciences/Syed Babar Ali School of Science and Engineering/Shaikh Ahmad Hassan School of Law.
Yes, by default the LUMS online application system allows you to simultaneously apply to Suleman Dawood School of Business (SDSB)/Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS)/Syed Babar Ali School of Science and Engineering (SBASSE)/Shaikh Ahmad Hassan School of Law (SAHSOL). Applicants may choose to apply for admission into any TWO schools (SDSB/MGSHSS/SBASSE/SAHSOL) at LUMS.
Applicants can mention their major preference(s) for BS programmes at the Syed Babar Ali School of Science and Engineering (SBASSE), BA/BSc (Honours) programmes at the Suleman Dawood School of Business (SDSB), Mushtaq Ahmad Gurmani School of Humanities and Social Sciences (MGSHSS) and BA-LL.B programme at the Shaikh Ahmad Hassan School of Law (SAHSOL) through the online admission application form.
Applications are evaluated according to the preferences mentioned by applicants in this section. Based on the evaluation of each school, applicants are offered the highest preference they qualify for. This means that if an applicant qualifies for more than one school, one is sent an offer from the school of his highest qualified preference. Therefore, it is highly suggested to select school preferences very carefully.
Yes, an applicant can apply for admission if he/she has appeared in retakes of November 2022, for the application of the year 2023.
Applicants appearing for the November 2022 retakes must check the result awaiting option in the online application. Applicants must inform Admissions Office about the estimated time period in which the result of any retake exam will be announced.
You should recheck the completion and proper submission of your application form.
Candidates who have either completed or are in the last year of completion of their education which does not lead to Matric/FA/ICS/ICOM/FSc. will be required to get an equivalence certificate from the Inter Board Committee of Chairmen (IBCC), Islamabad, Pakistan. For further information please contact:
FBISE Building, H-8/4
Documents sent to the Admissions Office cannot be returned as they are for administrative purposes. Please make sure to keep a copy for your own use before sending the documents to our office.
Yes, academic records from international universities if not in English must be accompanied by an official English translation along with other supporting documents.
Minimum two Teacher Evaluations are required.
The recommendation form(s) should be from teacher(s) of your current or last institute. Recommendations from school/college counsellor(s) are not acceptable.
No, admissions to LUMS takes place once a year and freshmen are admitted to the Fall semester only.
No, after the application submission, the application fee becomes non-refundable.
Since the number of students who accept our first round of admission offers vary each year, a small number of applicants stay on our waitlist and in case space becomes available after the first round, students on the waitlist are offered a place in the second round.
The number of candidates placed on the waitlist fluctuates from year to year, depending on the size and quality of the applicant pool.
There are no quotas.
If you have not received the SAT/ACT/SAT II score report by the application submission deadline then upload the Online score report in the test scores section.
Applicants are required to report test scores of all attempts to the University by submitting a copy of score report(s) and through the online application. Best score of a single attempt reported through the online application will be considered for application evaluation.
The application submission deadline for all UG applicants for the admission of Fall 2023 is February 01, 2023; 5:00 pm (Pakistan Standard time).
No, there is no minimum score required for SAT/SAT II/ACT.
Kindly visit the mentioned link for dates and deadlines https://admission.lums.edu.pk/critical-dates-all-programmes
No, the old version of SAT I is not acceptable.
Best score of a single attempt reported through the online application will be considered for application evaluation.
The scientific literacy test is a general knowledge-based assessment that is designed to gauge scientific awareness and critical thinking skills. The test will comprise 15 to 20 multiple choice questions. Since it is general knowledge-based, there is no set requirement to study for it and you are not expected to really ‘prepare’ for it in the conventional sense of the word. The assessment is structured as an aptitude-testing tool, allowing candidates to demonstrate their potential for scientific thinking and giving them an opportunity to show how intellectually curious they are. Questions are designed to evaluate various competencies that a scientifically literate and proficient individual is expected to display. These include the ability to explain various phenomena scientifically, the ability to critically engage with science-related issues, and the capability to interpret scientific evidence and data.
The SBASSE Scientific Aptitude Test & LUMS Common Admission Test (LCAT) Registration can be done through the LUMS online application system at http://admissions.lums.edu.pk on or before February 01, 2023, 5:00 PM (PKT).
- The LUMS application processing fee is Rs. 7,500
- The LUMS application processing fee is USD 120 for International applicants
- LUMS Common Admission Test Registration Fee is Rs. 4,100 (if applicable)
- LUMS Scientific Aptitude Test Registration Fee is Rs. 2,500 (if applicable)
After the successful submission of the online application form through the LUMS Online account on or before the application submission deadline, applicants will be able to print a system generated Application Processing and LUMS Test Registration (if applicable) Fee payment voucher. The mode of payment is given on the fee voucher.
Test Registration Cards will not be mailed. Test cards will be available within the application in printable form Two (2) weeks before the scheduled date of the test.
Test cards will be available within the application in printable form TWO weeks before test. If any applicant is unable to view his/her Test Registration Card despite completing all the requirements then he/she can write to us at firstname.lastname@example.org
Yes, LUMS accepts results of the ACT.
Test Centre can only be changed in special circumstances (provided with a reason) and the applicant must inform the Admission Office latest by February 4, 2023. No request later than the specified date will be entertained.
Applications cannot be submitted after the deadline. There is no late application policy.
It is highly recommended to fill out the application form carefully. Changes cannot be made after the submission of online application. In sheer need an applicant can send the updated information to email@example.com with the specific header "Change in Application Form".
The admission process is a well deliberated and thorough process. Each year we receive a large number of outstanding applications. Unfortunately, not all of them qualify because of the limited number of available seats. The decision regarding admission is final.
If your application is unsuccessful you will also receive a letter informing you of this. Due to the volume of applications the University receive, it is not possible to provide feedback on unsuccessful applications.
Admission to all programmes is purely on merit and independent of students’ ability to pay the related tuition fees. Once a student has been admitted to a programme, there are several mechanisms in place to provide financial support based on need and merit. All awards are reassessed each academic year based on performance, need, available resources and prevailing University policies. LUMS is committed to providing as much financial assistance as possible within the limits of its available resources. Nevertheless, the University may not be able to meet all requests for financial assistance, and it is strongly recommended that applicants secure as much of their own funding as possible.
Several Merit and Need-Based Scholarships are available for students who meet specific criteria.
Financing of a student's education is a commitment involving the student, his or her family and our institution. We at LUMS gear all efforts towards assisting as many students as possible within our limited resources. Financial assistance is offered to students with demonstrated need. These awards at the Undergraduate level are available in the form of Tuition Fee Waiver and LUMS Interest-Free Loan.
Undergraduate need based assistance covers partial to full tuition fee expenses of the programme. The range of the amount of financial assistance over the last year has been between 20% and 100%. These awards are reassessed in each academic year based upon performance and demonstrated financial need. Financial Aid fee waiver is not required to be repaid whilst LUMS Interest-Free Loan will have to be paid back after six (6) months of graduation within a maximum period of five (5) years.
Remember – loan is an obligation and is required to be paid back in installments after graduation. Loan repayment not only contributes towards the recirculation of Financial Aid to deserving students but also inculcates social responsibility and ethical values within the students.
LUMS not only recognizes students' good academic performance but also distinguishes high achievers by providing them generous Merit scholarships. If you are a high achiever, LUMS wants you to accomplish everything you possibly can. Exemplary students are selected to receive LUMS Merit Scholarships on the basis of their outstanding academic performance.
Merit Scholarship is a form of gift and does not need to be repaid. LUMS provides Merit Scholarship Award to students who have proven their ability to succeed academically.
100 scholarships are available to support the academic aspirations of prospective top ranked undergraduate students based on the LUMS admission evaluation ranking.
For the first year, merit scholarship award covers partial to full tuition fee for one year and is awarded to the top applicants shortlisted for admission in each school. There is no separate application for the scholarship. Students are automatically considered for the award when they apply for admission to LUMS.
The break-up of 100 merit scholarships for the first year is as follows;
Merit scholarship award covers partial to full tuition fee for one year only and is awarded to the returning batches who are placed on Dean's Honour List based on their academic performance. The number of scholarships in each Programme and Class may vary according to the approved policy of the particular academic year.
The break-up of merit scholarships for subsequent year(s) is as follows;
Note: In case a student qualifies for both financial aid award and any other scholarship, he/she will receive the higher aid benefit. These awards are for one year only and cannot be carried forward to subsequent years.
If you are a talented, brilliant and aspiring young student who excels academically yet is constricted by financial circumstances, then the LUMS National Outreach Programme (NOP) is for you! The LUMS National Outreach Programme (NOP) was launched in 2001, with the motive to provide the talented yet financially challenged youth of Pakistan a chance to study at LUMS on full financial aid. We aim to bring the brightest minds together from every corner of Pakistan to study at LUMS. Since its establishment, the NOP has successfully instated approximately 1300 brilliant students and continues to facilitate many more annually. Almost 800 graduated students have gone out to achieve, thrive and make an impact in their communities.
In order to be eligible for the NOP, a student must have at least 80% marks in Matric or the grade equivalent in O Levels and must have the basis of financial need. In order to spread the word of Higher Education and inform students of the opportunities available through the NOP, the NOP team visits schools and colleges in various cities, towns and villages all over Pakistan to give presentations about the programme and how students can apply and benefit from the same.
Merit is the sole criteria of admission to LUMS and a continuous effort is made by the University to make all its educational programmes accessible across the nation, regardless of an applicant’s ability to pay. Various financial support opportunities are available to students at the Undergraduate level. These include need based tuition fee waivers, LUMS Interest-Free loans, National Outreach Programme scholarships, merit scholarships and external scholarships.
To add diversity to its student body, LUMS aims to increase induction of international students. The Shahid Hussain Foundation scholarships, established recently, will help LUMS to achieve its goals of reaching out to bright, international talent. These scholarships are available for international undergraduate students for Fall 2023 admissions.
In order to be eligible for the scholarship, applicant
Must meet the minimum academic criteria for admission;
Must be a citizen of SAARC member countries.
Must not be of Pakistani origin and should not have a Pakistani passport/NICOP/CNIC. Applicants holding dual nationality out of which one is Pakistani are not eligible to apply through the LUMS International Student Programme.
To avail this scholarship, applicants are required to apply to LUMS through the LUMS Online Admission application. All fields of the online application must be completely filled in. Additionally, relevant supporting documents need to be submitted by the given deadline.
Note: LUMS academic policies and code of conduct is applicable to all scholarship holders.
The University has tried its level best to raise funds to ensure that no deserving candidate is turned away from the programme due to insufficient funds. Since inception, external donors have played an immense role in achieving this milestone.
There are a number of named scholarships available for undergraduate students. LUMS supporters include individuals and organizations from all over the world. These scholarships can potentially help students cover the costs of education and related expenses (i.e. books, accommodation and living). The eligibility depends upon a number of factors, all of which are specified by the donor who offers the scholarships.
In order to be considered for any kind of external scholarships, students are required to apply for financial aid at the time of applying for admission at LUMS.
The Punjab Educational Endowment Fund (PEEF), an initiative of the Government of the Punjab, established with the objective of providing scholarships/monetary assistance to talented and needy students offers the students of Lahore University of Management Sciences to benefit from this opportunity.
Reaching out to all the meritorious and deserving students to find out about PEEF and procedures of the scholarship students, their families and the educational institutions are encouraged to visit PEEF page and explore the PEEF scholarship opportunities at www.peef.org.pk
The Punjab Educational Endowment Fund, since its establishment, has awarded more than 235,000 scholarships worth Rs. 11.90 billion to students of Punjab and other provinces. With the inclusion of current year’s 115,000 scholarships, the total number of beneficiaries will exceed 351,000 (approx.) with scholarship disbursements worth more than Rs.18.20 billion.
Voucher can be paid through cash, Pay Order and Bank Drafts made in favour of "Lahore University of Management Sciences" at any branch within Pakistan of following banks.