Petroleum School of Accounting and Financial Sciences

Tehran Faculty of Petroleum
Former names	Tehran Faculty of Petroleum (دانشکده نفت تهران)
Type	Public Business School
Established	1958
President	Prof. Riyaz Kharat
Location	Tehran, Iran
Campus	Urban
Nickname	PUT
Affiliations	Professional Accountants Centre For Training (PACT) ACCA CIMA Iranian Institute of Certified Accountants FUIW IAU TWAS
Website	www.put.ac.ir

Petroleum School of Accounting and Financial Sciences current building, Tarasht, Tehran

Old Building of Petroleum School of Accounting and Financial Sciences, Enghelab Street, 1975

Faculty of Accounting and Financial Sciences of Petroleum University of Technology, National Iranian Oil Company is the oldest and the most famous center of higher education in accounting. The Faculty was established in 1958, seven years after the nationalization of the oil industry, by the scholars such Prof. Hassan Sajjadi Nejad and Dr. Esmail Erfani with the support of Abdullah Entezam, then CEO of National Iranian Oil Company. The school started with 61 students from the Higher Institute of Accounting and Compliance with National Iranian Oil Company personnel launches. Currently, the college has the departments of

accounting and finance
economics and energy management
law
industrial engineering

History

Founded in 1958, seven years after the nationalization of the oil industry, by the scholars such Prof. Hassan Sajjadi Nejad, "the father of accounting in Iran" and Dr. Esmail Erfani with the support of Abdullah Entezam, then CEO of National Iranian Oil Company, by the name of "the Higher School of Accounting".
In 1962, the students of the first class of Accounting were graduated.
In 1972 the Higher School of Accounting renamed to "School of Accounting and Financial Sciences of National Iranian Oil Company".
After the Iranian Revolution of 1979, merged with the Allameh Tabatabai University, but in 1988 started its career under the name of "School of Accounting and Financial Sciences of the National Iranian Oil Company".
In 1989 the School of Accounting and Financial Sciences merged with the Petroleum University of Technology and now is known as the Tehran Faculty of Accounting, Economics, and Management (Petroleum School of Accounting and Financial Sciences).

َAcademics

َDepartments

The Faculty has four Departments:

Department of Accounting and Finance
Department of Energy Economics and Management
Department of Law
Department of Industrial Engineering

Programs

There are some programs given in PUT School of Accounting and Financial Sciences

BSc. of Accounting
BSc. of Management in Business
BSc. of Industrial Management

MSc. of Finance (Track; Corporate Finance)
MSc. of Managerial Accounting
MSc. of Law
MSc. of Energy Economics
MSc. of Reservoir Management
MSc. of Industrial Engineering (Track; Production Management)

Former Presidents

Chancellor	Tenure	Alma mater	Speciality
Dr. Esmail Erfani	1958-?	London School of Economics	Accounting
Prof. Hassan Sajadi Nejad	1969-1979	ICAEW	Accounting
Reza Mostajeran	1988-1994	Petroleum School of Accounting and Financial Sciences	Accounting
Dr. Fereydoon Ahrabi	1994-?	Stanford University	Statistics
Dr. Abolghasem Emamzadeh	?-2004	University of Wales	Mathematics
Dr. Karim Salahshour	2004–2011	University of Manchester	Electronic Engineering
Dr. Nabi Hashemi	2011–2014	Imperial College London	Petroleum Engineering
Prof. Riyaz Kharat	2014–current	University of Kansas	Chemical Engineering

Affiliated institute

PACT, Professional Accountants Centre For Training, is a not-for-profit institute collaboratively established by Petroleum University of Technology (PUT) and the Iranian Institute of Certified Accountants (IICA), a member of the International Federation of Accountants (IFAC), to respond the accelerating demand for accountancy and auditing professional training.

The centre started its activities in 1996 in some limited area like Applied Accounting and Auditing. To turn into an international education centre offering quality training, the centre planned to start tuition for international and famous preparatory courses like the Chartered Institute of Management Accountants (CIMA) in November 1997. The first CIMA preparatory courses successfully held in that time and PACT stepped a practical action to become an international centre and support CIMA students in Iran.^[1]

Academic background

Since its establishment, Petroleum School of Accounting always had admitted the top students of National Wide University Entrance Examinations (Konkur).^[2] Additionally, according to the results of MS Entrance Examinations PUT students are the best among other universities like Sharif University of Technology and Amirkabir University of Technology^[3] and Petroleum School of Accounting and Financial Sciences has major contribution in obtaining this honor.^[4]^[5]

Notable alumni

Valiollah Seif, Governor of Central Bank of the Islamic Republic of Iran
Dr. Ali M. Sedaghat, Professor of Sellinger School of Business in loyola University Maryland^[6]
Dr. Hossein B. Kazemi, Michael & Cheryl Philipp Professor of Finance, University of Massachusetts Amherst^[7]
Prof. Massood Saffarian, Professor of Rogers State University^[8]
Dr. Mahnaz Mahdavi, Ann F. Kaplan Director & Professor of Economics, Smith College^[9]
Gholamreza Salami, one of Iranian eminent Accounting leaders
Allahverdi Rajaei Salmasi, the first secretary of Iran Exchange Market
Abolghasem Fakharian, chairman of Iranian Institute of Certified Accountants

References

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