Center of Excellence in Higher Education
The First Private University in Bangladesh

Department of Accounting & Finance

Message from the Chair

I welcome you all to the Department of Accounting & Finance. It is one of the four departments under the School of Business and Economics at North South University (NSU). The Department of Accounting & Finance at NSU is committed to provide the highest quality accounting and finance programs in Bangladesh. The department presently offers BBA, MBA, and EMBA degrees majoring in Accounting, and Finance.It has 37 full-time faculty members and 6 part-time faculty members. Several other faculty members are on study leave. Our faculty members are highly qualified, and possess doctoral and/or master’s degree from USA, UK, Canada, and Australia. The Department of Accounting & Finance is located in the 7th floor of North Academic Building at our beautiful campus. Our programs are ACBSP (Accreditation Council for Business Schools and Programs) accredited. Our graduates are well placed in the banks, NBFIs, accounting firms, and leading MNCs. Departmental student organization is working towards bridging the gap between academic knowledge and industry experience.

Thank you for your interest in our department and programs.


Dr. Md. Nurul Kabir, Associate Professor & Chair

About Us

The Department of Accounting & Finance currently offers BBA degrees Major in Accounting and Finance and assist NSU's E/MBA programs in offering all accounting and finance courses. Offered degree programs by the Deparyment are all ACBSP accredited. Our BBA degree in Finance is a CFA partner program. Location: North Academic Building (NAC) 7th Floor.

Number of Core Faculty Members: 35.

Number of Core Faculty Members on study Leave: 10.

Number of Adjunct Faculty Members: 01

Department Chair: Dr. Md. Nurul Kabir, Tel: 55668200, ext. 1704

Department Secretary: Enamul Karim Mazumder, Tel: 55668200, ext. 1770

Student Activity: Finance Club

Department Staff


Faculty Class Schedule & Office Hours

Faculty Office & Class Hours Spring 2024

Bachelor of Business Administration
Major in Finance

A student majoring in Finance must complete a total of six major courses (18 credit hours) offered by the Department of Accounting and Finance, four of which (12 credit hours) are required (compulsory) courses and two (6 credit hours) are elective courses from a list of alternative choices.

Four Required Major Courses

  • FIN435 Investment Theory
  • FIN433 Financial Markets and Institutions
  • FIN440 Corporate Finance
  • FIN444 International Financial Management

Elective Major Courses (Any Two)

  • FIN410 Financial Statement Analysis
  • FIN455 Financial Modeling Using Excel
  • FIN464 Bank Management
  • FIN470 Insurance and Risk Management
  • FIN480 Financial Derivatives
Bachelor of Business Administration
Major in Accounting

A student majoring in Accounting must complete a total of six major courses (18 credit hours) offered by the Department of Accounting and Finance, four of which (12 credit hours) are required (compulsory) courses and two (6 credit hours) are elective courses from a list of alternative choices.

Four Required Major Courses

  • ACT310 Intermediate Accounting I
  • ACT320 Intermediate Accounting II
  • ACT360 Advanced Managerial Accounting
  • ACT370 Taxation

Elective Major Courses (Any Two)

  • ACT380 Audit and Assurance
  • ACT460 Advanced Financial Accounting
  • ACT410 Financial Statement Analysis
  • ACT430 Accounting Information Systems
Current Curriculum

Offered Courses in Accounting and Finance
  1. ACT 201- Introduction to Financial Accounting

Financial Accounting is an introduction to the accounting model and financial statements with emphasis on the concepts and terminology needed to understand a corporate financial report. Topics include accounting processes for service and merchandising enterprises; current assets and liabilities; long-term assets; stockholders' equity; revenues and expenses; methods of depreciation; inventory pricing; and accounting cycle for both service and merchandising companies.

[Pre-requisites: 9 credits]

  1. ACT 202- Introduction to Managerial Accounting

Managerial Accounting will cover the concepts, theory and practice of the cost-control function of management. Students will learn what cost information is needed within an organization; where to obtain this information; and how managers can use this information to plan, control and make decisions. Topics include standard costs, incremental costs, relevant costs, transfer pricing, profit center, cost behavior and forecasting, capital budgeting, activity-based costing and management, costs of quality and productivity improvement programs, cost-volume analysis and tactical decision making.

[Pre-requisites: ACT201]

  1. ACT 310- Intermediate Accounting - I

This course builds on the financial accounting concepts and principles covered in Financial Accounting. Following an in-depth review of the accounting environment and the nature of accounting information, this course analyzes the accounting process and concepts and explores basic financial statements. Students are expected to pay detailed attention to how enterprises account for assets: cash, accounts receivable, inventories, property and equipment, intangible assets and long-term investments.

[Pre-requisites: FIN254]

  1. ACT 320- Intermediate Accounting - II

This course expands upon the financial accounting concepts and principles covered in Intermediate Accounting - I and includes topics on how to value and report investments, how the enterprises account for liabilities and equity accounts, including current and noncurrent liabilities, leases, pensions, income taxes, contributed capital, retained earnings and stock options. Additional topics cover earnings per share, the statement of cash flows, accounting changes and error corrections.

[Pre-requisites: ACT310]

  1. ACT 360- Advanced Managerial Accounting

Advanced Managerial Accounting builds on the concepts learned in ACT 202. Students will study a comprehensive treatment of managerial accounting topics with emphasis on generation, communication, and use of information to assist management in planning and control. It examines recent conceptual and analytical developments in the area of managerial accounting, includes a thorough study of modern and relevant planning and control techniques and their underlying concepts as applied to the various functional areas within a firm.

[Pre-requisites: ACT202 & FIN254]


  1. ACT 370- Taxation

This course addresses personal and corporate taxation systems. Students will understand the principles of taxation, and gain a working knowledge of tax laws. It also covers the tax-planning process, its application in an accounting-related environment, and the role of taxation in overall economy of Bangladesh. The tax assessment and collection procedures are also addressed in detail. Additional topics include provisions relevant to submission of tax return, filling of statement of assets and liabilities, value added tax, customs and excise duties prevailing in Bangladesh.

[Pre-requisites: ACT310]

  1. ACT 380- Audit and Assurance

This course introduces the fundamental concepts of auditing, emphasizing on the audit of financial statements. Topics covered are the responsibilities of auditors, the design of audits, technology and sampling approaches appropriate tests of internal controls, substantive tests and other auditing responsibilities of Professional Accountants. This course helps to prepare the students for the auditing section of the professional examinations, and work as part of a team on an audit plan.

[Pre-requisites: ACT320]


  1. ACT 410 / FIN 410- Financial Statement Analysis

Financial Statement Analysis provides a board framework for using financial statement analysis to evaluate a firm's business operations and to predict its future condition. It is designed to achieve two main objectives. The first is to appreciate and understand the connections between firm's operation strategies and their financial statements. The second objective is to develop a critical user's perspective to analyze and interpret financial statements to gain further insights into firms' performance. Main topics include ratio and profitability analysis, analysis of the statement of cash flows, pro forma forecasting, (credit and governance) risk analysis and earnings quality analysis.

[Pre-requisites: ACT202 & FIN254]

  1. ACT 430- Accounting Information Systems

The course covers information flow of various segments of a business organization into an information system of the total organization with emphasis on the accounting aspects of electronic data processing (EDP). It also examines the fundamentals of accounting systems design that include systems analysis and design techniques, surveys, hardware and software configurations, control of computerized systems in corporate business environment.

[Pre-requisites: ACT310]

  1. ACT 460- Advanced Financial Accounting

This course aims to provide students with a comprehensive understanding of consolidated financial statements and how to prepare them. It focuses on the accounting principles, methods and techniques that relate to particular types of business and nonbusiness entities, including corporations, partnerships, government units, estates and trusts, and nonprofits. It also addresses certain tax aspects of consolidated financial statements.

[Pre-requisites: ACT320]

  1. FIN 254- Introduction to Financial Management

Surveys the basic concepts and tools of Financial Management. Major topics include financial objectives, financial analysis and planning, financial environment, risk-return trade-off, time value of money, valuation, capital budgeting, cost of capital, capital structure, working capital basics etc. Special emphasis is given on integration of the concepts of Financial Management into a total systems approach to financial decision-making.

[Pre-requisites: ACT201, BUS172 & 27 Credits]

  1. FIN 433- Financial Markets & Institutions

Introduces students to the fascinating revolution in the financial markets and institutions of the world. Major topics include operations, mechanics, and structure of financial institutions including banks, insurance companies, investment companies, pension funds, etc., analyses of the wide array of financial instruments that are now available in the global money and capital markets for investing, financing, and managing risk, and discussions on regulations, monetary policy and international financial system. Prior knowledge of introductory macroeconomics will be helpful in understanding the material covered.

[Pre-requisites: FIN254]

  1. FIN 435- Investment Theory

Examines the investment environment and process that include identifying objectives and constraints, formulating and implementing strategies, and monitoring and updating the portfolio as needed. Major topics include investment alternatives, securities markets and trading mechanism, risk and return analysis, modern investment theory, valuation, analysis and management of bonds, common stocks and derivative securities, and investment performance evaluation. Prior knowledge of business statistics will be helpful in understanding the material covered.

[Pre-requisites: FIN433]

  1. FIN 440- Corporate Finance

Examines in detail investment and financing, and their interrelatedness. Major topics include financial analysis and planning, valuation, capital budgeting, capital structure, dividend policy, working capital management, mergers and acquisition, hybrid financing, bankruptcy, multinational financial management, and risk management. Special emphasis is given on integration of the concepts of financial management into a total systems approach to business decision-making.

[Pre-requisites: FIN254]

  1. FIN 444- International Financial Management

Focuses on understandings of financial management - in an international environment through comprehensive coverage of topics from the area of International Finance. Major topics include international financial environment, foreign exchange markets including currency futures, forwards, options and swaps, foreign exchange risk management, international financing and investing decisions, international working capital management, multinational capital budgeting, international portfolio diversification, etc.

[Pre-requisites: FIN254 & INB372]

  1. FIN 455- Financial Modeling Using Excel

The objective of this course is to equip students with the frameworks, tools, and methodologies necessary to build and apply quantitative models for financial decision making. The course will cover in-depth techniques of financial modeling used in practical scenarios. Modeling and simulation techniques will be done primarily based on MS Excel. The course is vital for students seeking a career in finance, but also for students with broader interests who wish to strengthen their general modeling skills.

[Pre-requisites: FIN440 & FIN435]

  1. FIN 464- Bank Management

Provides students with tools and techniques to manage banks. Major topics include operations, mechanics, and structure of banks, performance evaluation of banks, asset-liability management, fund management, bank regulations, international banking, and management of various kinds of risks, such as, interest rate risk, price risk, liquidity risk etc.

[Pre-requisites: FIN254 & 60 credits]

  1. FIN 470- Insurance and Risk Management

Examines the management of non-speculative risks in the business enterprise. Topics include concepts of risk and insurance, risk analysis, treatment of risk control and financing, determination of various strategies to treat risk, analysis of insurance contracts in areas of life, health, property and liability insurance, pricing etc. Prior knowledge of business statistics will be helpful in understanding the material covered.

[Pre-requisites: FIN440 & FIN435]

  1. FIN 480- Financial Derivatives

Offers an introduction to financial derivative markets. Emphasis is placed on organization and role of put and call options markets, futures and forward markets, swaps markets, and their interrelations. Major topics include arbitrage relations, valuation, hedging and speculating with derivatives, implementation of derivatives trading strategies, the perspective of corporate securities as derivatives, the functions of derivatives in securities markets and recent innovations in derivative markets. Prior knowledge of business statistics and introductory calculus will be helpful in understanding the material covered.

[Pre-requisites: FIN435 & FIN440]


Finance club

NSU Finance Club is a co-curricular club under the Department of Accounting and Finance for the undergraduate students of North South University, School of Business and Economics (NSU SBE). It was founded on August 26, 2014 with the mission to provide a platform to the undergraduate students of NSU for the development of their personal and professional skills, irrespective of their chosen discipline. NSU Finance Club is currently 116 members rich, and it actively caters to the development needs of these members through member development programs like 'Talk 101', 'Enliven' and 'Rev-Up'. Despite being a very young club, NSU Finance Club has already successfully organized quite a few university-wide events like 'Optimity- National investment and portfolio management competition', 'Blueprints-First national financial modeling competition of Bangladesh', 'Excelsior – An intra-university skill development program', 'Excellence Beyond Borders – A seminar on the various higher study opportunities abroad in the field of Finance', 'Find Your Bearing', 'Bangladesh Finance Symposium', 'Business Competition Hacks', 'Introduction to the CFA Program' and 'Competition Grooming Sessions'. NSU Finance Club has also successfully published 'Bull and Bear', an annual financial magazine that pursues the current trends of the financial system in the context of Bangladesh. In a small period of time NSU Finance Club has made noticeable achievements and is working on providing more interactive platforms for the undergraduate students to develop their cognitive and intellectual skills.

Faculty Advisor:
Mr. Muhammad Nasiruddin (MN)
Senior Lecturer, Department of Accounting and Finance

Executive Body Panel:

Nurul Ahnaf Ihsas, President
Emad Sharif Chowdhury, General Secretary
Towhid Hasan, Treasurer
Md. Tamim Ul Islam, Vice-President
Tanam Sanjana Chowdhury, Joint Secretary


Accounting club

The accounting club is in its founding stage. More information will be provided soon.

Meet our students
Recommended Course Path


Department of Accounting & Finance

Level: 7, Plot: 15, Block -B, Bashundhara R/A

Dhaka -1229, Bangladesh.


Dr. Md. Nurul Kabir

Associate Professor & Chair


Tel: +880-2-55668200, Ext.:1704

Office: NAC747


Enamul Karim Mazumder



Tel: +880-2-55668200, Ext.:1770 

Office: NAC748


Sadia Afrin



Tel: +880-2-55668200, Ext.:6305  

 Office: NAC749



CFA University Affiliation Program

 The Department of Accounting and Finance at North South University is a CFA University Affiliation Program Partner of the CFA Institute, a global membership organization that awards the Chartered Financial Analyst® (CFA®) designation. As such, the Finance Major of the bachelor’s degree awarded by North South University covers a significant portion (at least 70%) of the CFA Program Candidate Body of Knowledge. Recognition as a CFA Institute Affiliated University signals to students, employers, and the marketplace that North South University’s curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations. It is widely considered the investment profession’s most rigorous credentialing program. CFA Student Scholarships: The Department of Accounting and Finance at North South University offers a limited number of scholarships on a yearly basis. This awareness scholarship waives registration fees and a portion of the enrollment fee for the CFA Level 1 exam. Eligible students are highly encouraged to apply for a scholarship throughout the Academic Year. For more information, interested students are invited to contact the chair of the Department of Accounting and Finance at the School of Business and Economics, North South University. Chartered Financial Analyst® (CFA®) and Certificate in Investment Performance Measurement (CIPM) are registered trademarks owned by CFA Institute.  

Research Grant
Reseach Seminar