Professionals Academy of Commerce (PAC) Lahore is one of the leading institutions in Pakistan that provides top-notch education in commerce and accounting. Established in 1987, it has since grown to become one of the most reputable and sought-after institutions for the students of commerce.
In this blog, Graana.com gives a detailed overview of the academy below.
Background of PAC Lahore
PAC was founded in 1987 by Mr. G.N. Arif, a renowned chartered accountant and a member of the Institute of Chartered Accountants of Pakistan ICAP Karachi. Mr. Arif had a vision to provide quality education to students who wanted to pursue a career in commerce and accounting.
He started the academy with a small team of experienced teachers and professionals, and the institute soon gained a stellar reputation due to its excellent results.
PAC Campuses in Lahore
PAC Lahore has multiple campuses across the city, each of which is equipped with modern facilities and offers a range of courses to students.
Gulberg Campus
The Gulberg Campus is the main campus and was founded in 1987. It is located at 44-Ali Block, New Garden Town, Lahore. It has state-of-the-art facilities, including air-conditioned classrooms, a library, a computer lab, and a cafeteria.
It offers a wide range of courses, including Chartered Accountancy (CA), Association of Chartered Certified Accountants (ACCA), Certified Public Accountant (CPA), and many others.
Model Town Campus
The Model Town Campus was founded in 1994 and is located at 1-B-Block, Model Town, Lahore. It features air-conditioned classrooms, a well-stocked library, and a well-equipped computer lab. It offers courses such as Chartered Accountancy (CA), Certified Internal Auditor (CIA), and Bachelor of Commerce (B.Com).
Johar Town Campus
The Johar Town Campus was founded in 1999 and is located at 467 G-III, Johar Town, Lahore. It has well-equipped classrooms, an expansive library, and a state-of-the-art computer lab. It offers courses such as Chartered Accountancy (CA), Certified Internal Auditor (CIA), and Association of Chartered Certified Accountants (ACCA).
Township Campus
The Township Campus was founded in 2006 and is located at 189-A, Sector C-1, Township, Lahore. It has many modern facilities, including spacious classrooms, a large library, and a computer lab with the latest equipment. It offers courses such as Chartered Accountancy (CA), Certified Management Accountant (CMA), and Professional Diploma in Accounting and Finance (PDAF).
Each campus of PAC has a dedicated faculty who is committed to providing quality education and a range of support services to the students.
Courses Offered at PAC Lahore
The courses offered at PAC Lahore are recognised both nationally and internationally, making it a top choice for students who want to pursue accountancy at a professional level.
Chartered Accountancy (CA)
This is one of the most sought-after courses offered at the academy. This program prepares students to become expert financial analysts and advisors, with a deep understanding of accounting, taxation, auditing, and finance. The CA course is a rigorous program that requires dedication, hard work, and a strong aptitude for numbers.
Chartered Financial Analyst (CFA)
The CFA course equips students with the skills and knowledge needed to analyse and interpret complex financial data, and make sound investment decisions. The course is recognised globally and is designed to prepare students for a successful career in finance.
Computer Based Exam (CBE)
PAC Lahore is also a licensed CBE (Computer Based Exam) for the Association of Chartered Certified Accountants (ACCA), a leading global accounting body. The ACCA qualification is a comprehensive program that covers all aspects of accounting and finance, including management accounting, taxation, and financial reporting.
Professional Program for Excellence (PPE)
PAC Lahore also offers a PPE schedule, which is a preparatory program designed to help students who are seeking to pursue a career in accountancy. The program covers all aspects of accounting, taxation, and finance, and is an excellent way for students to gain a solid foundation in these subjects.
School of Online Learning
The School of Online Learning is another great option for students who are looking for flexible learning options. This program is designed for students who are unable to attend regular classes due to other commitments. It offers a variety of courses that are taught through interactive online sessions, making it an ideal option for students who prefer to learn at their own pace and convenience.
Overall, PAC Lahore offers a comprehensive range of courses that are designed to prepare students for successful careers in accountancy. The courses are taught by experienced and knowledgeable faculty members.
Facilities at PAC Lahore
The main campus of PAC Lahore offers a wide range of facilities to provide a comfortable and supportive learning environment to students.
Computer Labs
The computer labs are primarily used for external examinations, but they are also available for research purposes. They are equipped with high-speed internet, multimedia projectors, and other necessary facilities.
Halls for Testing Purposes
The campus halls are regularly used by leading testing services and corporations for conducting their examinations.
Meeting Rooms
Meeting rooms are available for seminars and workshops. They are fully equipped with multimedia projectors, high-speed internet, and any other equipment that might be required.
Classrooms
The spacious classrooms at the centre have a capacity of more than 1000 students at a time. They feature multimedia projectors, comfortable seating arrangements, and other necessary facilities.
Library
PAC Lahore has a state-of-the-art library that is stocked with the latest books and updated material, and can accommodate a large number of students at a time.
Cafeteria
The cafeteria offers a variety of snacks and meals at modest rates.
Learning Management System
This system gives students access to online interactive classes, class recordings, course materials, online tests, and quizzes. It is designed to help students have easy access to their CA and ACCA material from anywhere and at any time.
Department of Accounting and Reporting
The Department of Accounting and Reporting facilitates the students by undertaking extensive research on coursework resources, examination material, test banks, past papers, and the development of new questions. It works closely with the examination bodies to get useful insights for students.
Through this department, the faculty and students are updated on what type of questions can appear in the exams. This gives a significant edge to the students in preparation for their exams because they are already familiar with the paper pattern and the types of questions that will be asked.
Counseling Sessions
PAC Lahore also regularly holds career counselling sessions to help students explore and discuss their career options. Moreover, interview training sessions are also regularly conducted to help students prepare for upcoming interviews.
Achievements
PAC has achieved numerous accolades over the years for its outstanding performance in the field of commerce and accounting education. Some of its achievements include:
- It has produced numerous chartered accountants, certified management accountants, and other professionals who are working at top-tier organisations in Pakistan and abroad.
- It has consistently maintained a high passing rate in the Chartered Accountancy exams, which is considered to be one of the toughest professional exams in Pakistan.
- It has won several awards and recognitions for its contribution to the field of commerce and accounting education in Pakistan.
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