The Institute of Chartered Accountants of Pakistan

                                   

 

Modular Full-Time Course Scheme

Introduction

The Modular Full-Time Course (MFC) scheme is designed to provide HSSC/A-Level students with basic understanding of accounting, auditing, tax, organizational management, business communication and other relevant subjects to strengthen their educational foundation, knowledge and capabilities.

Minimum Requirements

  • HSSC with atleast 45% marks;
  • A-Level with minimum two passes;
  • Graduation with below 3rd division; or
  • Other candidates with equivalent qualifications as recognized by HEC.

    In addition to above, students will be required to pass or obtain exemption from PPT.

Details

A candidate who passes or obtains exemption from PPT would then seek admission in any of the Institute's Registered Accounting Education Tutors (RAETs) for a 2 years full-time study course.

Module A & B (Foundation Stage) - Approx 660 coaching hours.
Module C & D (Intermediate Stage) - Approx 1,120 coaching hours.

Exemptions are available to MFC students from certain classes and paper(s) of Foundation stage under the new exemption scheme named as "Opportunities for Quality Students".

After successful completion of Foundation & Intermediate modules, students will be eligible to register as trainee students with an authorized CA Firm/ Training Organization for completing a mandatory period of 3 ½ years. Students will appear in Final Examinations as per eligibility period to appear in examinations during training following the progression rules.

Subject to fulfillment of other conditions as determined by the Council, on successfully completing the training period and passing the Final Examinations, the student would be eligible to become a member of the Institute.