Twenty-four women officers participated in the three-week basic airborne training course organized at the Parachute Training School in the northwestern city of Peshawar.
Capt Kiran Ashraf was declared the best paratrooper of the batch while Capt Sadia made history by becoming the army's first woman officer to jump from a Mi-17 helicopter.
The women officers were given physical training and the para jumping course involved training in exit, flight and landing techniques, a military statement said.
"The paratroopers are taught to control their parachutes while descending and to carry out emergency measures such as untwisting their rigging lines, taking the necessary action upon collision with another parachutist and landing in water," said chief military spokesman Maj Gen Asim Saleem Bajwa.
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Army chief Gen Ashfaq Parvez Kayani congratulated the women officers and their training staff on the successful completion of their training.
The enrolment of women in Pakistan's armed forces started during the time of former military ruler Pervez Musharraf. Women are now part of all three services.