The need to introduce more specialized and research oriented academic programs is imperative, in order to equip commerce students with analytical and research skills to take up the emerging challenges and successfully exploit the opportunities. In this regard, Quaid-e-Azam College of Commerce has successfully approved the MPhil-Commerce Academic Program in meeting of Board of Faculty, University of Peshawar, held on April 18, 2017. Credit goes to Professor Dr. Yorid Ahsan Zia, Principal, QACC, all faculty members who have contributed in the development of scheme of studies and Dr. Capt (Retd) Syed Hamid Ali Shah, in particular, who led the entire process.