Bachelor of Science in Finance

Structure of study plan 2016 (Student ID 2016-2020)

Type of Courses	Credit/hour
1. University General Education Requirements	24
(a) University Compulsory Courses	15
(b) University Elective Courses	9
2. College Requirements	66
(a) College Compulsory Courses	54
(b) College Elective Courses	12
3. Major Requirements	36
(a) Major Compulsory Courses	30
(b) Major Elective Courses	6
Total Credit Hours	126

Structure of study plan 2021 (Student ID from 2021)

Type of Courses	Credit/hour
1. University General Education Requirements	30
(a) University Compulsory Courses	15
(b) University Elective Courses	15
2. College Requirements	60
(a) College Compulsory Courses	51
(b) College Elective Courses	9
3. Major Requirements	36
(a) Major Compulsory Courses	30
(b) Major Elective Courses	6
Total Credit Hours	126

ACC 205 Principles of Accounting 

Accounting is something that affects people in their personal lives just as much as it affects very large businesses. Financial accounting is concerned with the provision of accounting information to owners, investors and other external users. The term accounting may refer to different activities, for example collecting, recording, processing and communicating economic data to produce useful accounting information. This course is a study of the fundamental principles and procedures of accounting as applied to sole proprietorships, partnerships and corporations.

ACC 210 Introduction to Managerial Accounting

Managerial Accounting focuses on: the development, interpretation, and application of accounting information for managerial decision making. The course stresses the use of financial information within organizations for the purposes of understanding and analyzing activities and operations. Students learn the linkages between accounting information and management planning through cost classification, cost analysis, cost-volume-profit analysis, operational budget, and analysis of financial statements for decision-making.

Pre-requisite: ACC205

BUS 209 Business English 

The objective of this ESP course is to empower and develop students’ business English skills. It also aims to develop their communicative competence in the four English skills, listening, speaking, reading and writing with more emphasis on the latter as a communication component in a business environment. This course is what the students need in order to progress effectively in their academic life which leads them to a successful career life later.

This course is designed to theoretically provide the students with the necessary language they need to succeed in business settings with a lot of authentic input from leading business organizations. It also gives business students the opportunity to practice business English terminology through being exposed to case studies on a wide range of companies, organizations and industry sectors.

In addition, students will develop their basic writing skills. They will go through the topics they will need to succeed in business such as meeting minutes and all parts of report writing. They will experience a progressive syllabus on the process of writing: planning, note-taking, drafting and checking through portfolios. Furthermore, Reading and listening introduce topics and ideas about business which will develop students’ linguistic competence. Hence, integration of language skills helps to foster understanding of concepts.

BUS 212 Data Analysis for Business 

This course covers the foundations for statistical reasoning and statistical applications in a business environment. It focuses on the application of business analysis tools relevant to managerial decision-making. Examples and case studies are drawn from finance, marketing, and management to aid understanding of the statistical techniques and assist in their implementation. Topics include data analysis, probability distributions, sampling distributions, estimation, hypothesis testing, and regression analysis. Extensive use of Excel with MegaStat is made for representing and analyzing all forms of data.

Pre-requisite: STA 113

BUS214 Business Research Methods

This course provides an introduction to research methods in social sciences in general and business administration in particular. The primary aim of the course is to equip students with the essential research techniques they would use in advanced specialized courses such as marketing research, feasibility studies and project planning, and the graduation project. The course will cover a range of topics including, in particular, research designs, sampling theory, data collection tools, questionnaire development and program evaluation methodology. The course will also cover basic data analysis methods involving both exploratory and hypothesis testing statistical techniques.

Pre-requisites: BUS212

BUS 300 Management Information Systems

This course provides an overview of computers and information processing. It covers the following topics in detail: management information system concepts, information processing applications, data handling process, data processing and automation, fundamentals of any system and system design, and development and implementation.

Pre-requisites: MGT 200

BUS311 Business Communications

The course aims to equip students with effective business communication skills, providing thorough practice in writing business letters, memos, reports, resumes and job applications. In addition to developing written communication, the course teaches verbal communication skills, for example public speaking, interviewing and other forms of communication. The entire teaching process is focused on building effective communication skills.

Pre-requisite: BUS209, ENG104

BUS 315 Business Analytics 

This course aims to review and learn basic quantitative methods used in business decision-making.  The major focus of the course will be on the formulation of models that can be used to analyze complex problems taken from various functional areas of management, including finance, marketing, operations, and human resources.  Some of the specific topics to be covered will include linear programming, queuing theory, decision analysis, forecasting and simulation.

Pre-requisite: BUS 212

BUS 316 Legal Environment & Ethics 

The aim of this course is to review basic legal principles and sources of contract law, background of law and legal theory. The following topics are covered in detail: formation of contracts, modifications, terminations, remedies, award law, pricing, patent, business organizations, company law, sales of goods, transfer of ownership rights, employment and health and safety laws.

Pre-requisite: MGT 200

BUS 470 Business Internship 

After the completion of 90 credit hours, including seven major core courses. The aim of supervised training is to enable students to practice the learnt theories and concepts in a business organization. Students from any business discipline undergo a 16-week training period that is closely monitored by an instructor and the manager/supervisor of the organization to ensure that the student cultivates sound professional attitudes and ethics needed in workplaces.

Pre-requisite: Year 4

ECO 200 Microeconomics

This course is designed to introduce basic economic concepts related to individual decision-makers in the economy - households, businesses and governments - and how they interact. Meaning, nature and methods of economic study are introduced. Supply, demand and elasticity are used to analyze consumer and firm behaviors in different types of markets. The rationale for various public policies designed to modify the workings of markets is examined.

ECO 210 Macroeconomics 

This course is designed to introduce basic economic concepts related to aggregate economic relationships such as output and income, national income accounting, aggregate supply and aggregate demand, unemployment, inflation, economic growth and development, money and banking, and the international economy. The course emphasizes the main components of aggregate expenditure and determination of equilibrium level of income, in addition to the analysis of the effects of fiscal and monetary policies on the economy. It extends understanding of the ability of governments to influence economic performance.

Pre-requisite: ECO 200

FIN 210 Fundamentals of Finance

This introductory course discusses in detail basic terms commonly used in finance. Topics covered include functions of financial management, financial analysis and planning, working capital management, the capital budgeting process and long-term financing.

Pre-requisite: ACC 205

INT300 Database Management Systems

This course is designed to give a theoretical and practical background in database techniques. It covers database concepts, data models, data dictionary, entity relationship diagrams, and the relational data model, converting E-R models to relational model, SQL language, normalization, and physical database design. Oracle software is used in the Lab.

MGT 200 Introduction to Management

This introductory course provides an overview of the field of management. The topics covered are designed around the key functions of management: planning, organizing, leading, and controlling. Students are exposed to the development of management theories and approaches, managerial decision-making, business environment, business ethics and social responsibility.

MGT 300 Organizational Behavior

This course surveys the background and development of organizational behavior, and examines major conceptual models in the field. A number of topics are explored in detail, including personality, perception, motivation, groups and teams, communication, leadership, conflict and negotiation, and organizational sources of stress and coping strategies. Issues relating to organizational change and development are given special attention.

Pre-requisite: MGT 200

MKT 200 Principles of Marketing 

This introductory course sheds light on the basic concepts of marketing, its varied definitions, origins and evolution through time. It also covers the main components of the marketing program (product, price, place and promotion) on which any attempts to plan marketing efforts rest.

Pre-requisite: ECO 200

BUS 222 Introduction to Islamic Business 

This course introduces the Islamic perspective on modern business settings. It will help to develop an understanding of the application of Islamic principles of trade and commerce in modern institutional settings. It is a specially designed business course to give students an understanding of the fundamental norms of Islamic Shari’ah in doing business covering Halal and Haram activities. In addition, the course covers the introduction and overview of the modern Halal industry spanning from food, dresses, and medicines to Islamic financial services. Finally, students will be introduced to the Islamic perspectives on specialized business areas including management, marketing, etc. The outcome of the course is an understanding of the Shari’ah-compliant businesses opportunities.

BUS 418 Business Feasibility and Planning

Feasibility studies and project evaluation have become increasingly important, since they signal the success of any industrial, tourism or investment project. This course is designed to introduce students to the concepts and process of feasibility studies and project evaluation. It explains how to prepare feasibility studies and project evaluation, and how to benefit from them in the investment decision-making process. Feasibility studies and project evaluation depend on collecting and analyzing marketing, technical, administrative and financial data and information.

Pre-requisites: 90 credits 

ECO 311 Managerial Economics 

This course is designed to acquaint students of business administration with the economics of managerial decision-making, paying special attention to the criteria for rational decision making in private business, non-profit institutions and public agencies. The course emphasizes the application of economic theory and the tools of decision science to examine how an organization can achieve its objectives most efficiently. It is an application of economic theory and analysis to the managerial decision-making process.

Pre-requisites:  ECO 200

ECO 320 Economic Development of GCC 

This course is designed to introduce the concepts, measurements and theories of broad-based sustainable development, as well as the relationships between economic development, human development and the environment. Students will also become familiar with several theories of development, and the characteristics and the quality of life in GCC countries will be investigated and compared to those of other countries. The focus would be on the causes, problems and challenges associated with the development of GCC countries, such as population structure and localization policies, the feasibility of GCC states integration and the impact of oil and non-oil production on development.

Pre-requisite: ECO 210

INT103 IT in Business 

The major role of information technology (IT) is to support organizational personnel, regardless of their functional area or level in the organization. The aim of this course is to provide students with a solid grounding in business uses of information technology in a rapidly changing environment and to provide a discussion of critical issues surrounding the use of IT in organizations. This course covers a range of general information technology topics that will make the student appreciate the role of IT in Business. Topics include information technology fundamentals; information technologies; computer networks; business applications; development processes; and ethical, societal, and security issues.

MKT 328 Public Relations

The course represents a survey of the fundamental principles, tools and practices of the public relations profession in addition to the issues involved in designing and evaluating public relations programs to solve specific internal and external communication problems. 

Pre-requisites: MKT 200 

MKT 413 Hospitality and Tourism

This course exposes students to the theoretical and practical world of hospitality and tourism marketing. Students who intend to learn more about hospitality and tourism marketing, not only in the UAE context but also globally, will greatly benefit from this course. Students will also learn how hospitality and tourism marketing can be better managed in the growing digital context. A few key topics that will be covered are how to understand today’s consumer behaviour, digital marketing, pricing, distribution channels, promotional strategies, customer service, marketing research and marketing ethics.

Pre-requisites: MKT 200 

MKT 423 Social Media

This course takes an in-depth look at social networks, social media platforms and online advertising to offer students an advantage in many positions involving marketing, consulting and brand management both on the buyer and seller side of social media. Students with an interest in entrepreneurship will also find the course useful as new businesses often rely on social media marketing.

From a marketing perspective, consumers now have louder voices than they used to, they are more socially connected than they ever have been, they expect more from brands, and information reaches them faster than ever before. In light of these fundamental changes, the overarching goal of this course is to help you get a clear perspective on what's really going on in marketing in the age of social/digital/mobile so that you can start to see where the true value - to consumers, to marketers, and to other corporate stakeholders.

Pre-requisites: MKT 200 

FIN 220 Corporate Finance 

This course introduces financial issues from the corporate point of view. It includes the concept of net present value (NPV) and valuation of future cash flows. The course extends to the application of NPV in capital budgeting decisions. The course covers the risk-return concept with the help of CAPM and APT theories. It also highlights long-term financial planning and capital structure decisions.

Pre-requisite: FIN 210

FIN 320 International Finance 

This course is designed to introduce an overview of the environment of global finance, the international dimension of corporate finance, balance of payments and exchange market, the international monetary system, political risk, international cash management, international portfolio diversification, foreign direct investment and international and other developmental international financial issues.

Pre-requisite: FIN 210

FIN 321 Financial Risk & Insurance

This course explores various types of corporate and financial risks, analyzes them, and identifies methods to control them. Specific issues covered include risk identification and measurement, risk analysis and management, and relevance of corporate risk management from shareholders’ value point of view. It also deals with the main tool to diffuse risk, i.e., insurance, describing the mechanics of insurance contracts and their pricing, risk pooling and risk diversification, and risk hedging with derivative contracts.

Pre-requisite: FIN 210

FIN 323 Islamic Banking and Finance 

This course introduces one of the most important emerging fields of finance i.e. Islamic Banking and Finance. It will help to develop an understanding of the rapidly evolving and attention-grabbing theory of Islamic finance. It is specially designed to give students an understanding of the fundamental norms and financial instruments of Islamic finance as applied to commercial banking that set it apart from the   conventional banking system. The outcome of the course is an understanding of the Shariah-compliant commercial banking system covering the deposit and financing products and fee-based services.

Pre-requisite: FIN 210

FIN 324 Commercial Banking 

This commercial bank management course will equip the students with a good grounding in the banking industry by teaching both the theory and practice of commercial banking. It focuses on the dynamic and rapidly changing financial-services industry; it explores modern financial management decision-making and highlights the importance of adapting to change and creating value as the way for financial institutions to succeed. The following areas are explained: introduction to bank management, strategic and financial management and the measurement of bank performance, the portfolio risks of banking and their management, managing the bank lending functions, and capital adequacy in banking institutions.

Pre-requisite: FIN 210

FIN 410 Investments 

This course develops advanced analytical and managerial skills in the field of investments. The topics covered include risk and returns, the analysis of different types of securities, basics of portfolio theory, modern investment theory, and portfolio selection and management. The course helps students learn how to make good investment decisions, recognize investment problems and deal with them.

Pre-requisite: FIN 321

FIN 417 Financial Institutions, Markets and Money

This course provides an understanding of the role of financial markets and financial institutions in today's financial system. The aim of this course is to build a strong background for understanding financial markets and different participants in these markets. The topics that will be covered include introduction and overview of financial markets, securities markets with an emphasis on equity markets, bonds market, foreign exchange market, real estate markets, commercial banks, and other financial institutions.

Pre-requisite: FIN 210

FIN 420 Portfolio Management and Theory

This course is designed to introduce an overview of portfolio management, more specifically securities and security analyses, risk and return, environment analyses, company analyses, bond analyses, options, rights, warrants and convertibles, futures, efficient-market theory, portfolio analyses and selection, capital market theory, managed portfolios and performance measurements.

Pre-requisite: FIN 210

FIN 424 Graduation Project 

This course takes the form of a dissertation completed by graduating students in partial fulfillment of BSc in Management, Accounting, Marketing and Finance degree programs. Students choose an appropriate research project, justify it, work out the research methodology, and analyze, synthesize and evaluate information, then communicate significant knowledge and understanding. The proposed research should be related to the program. An academic advisor is assigned to advise the student at various stages of the research project. This course culminates in the preparation of a dissertation by each student. The course is an integral part of the curriculum, designed to train students to undertake scientific research and bridge the gap between theory and practice in management, accounting, marketing or finance.

Pre-requisite: 102 credit hours, BUS 214

FIN 425 Financial Planning and Decision Making

This course will focus on the techniques for financial planning and decision making in the changing business environments. It will evaluate and interpret financial implications of corporate strategies. The course covers the business financial environment, investment decisions, financing decisions, and integrated decisions such as management of working capital, corporate restructuring, international aspects of business finance, and small businesses.

Pre-requisite: FIN 220

FIN 322 Personal Finance

This personal finance course equips the student with financial knowledge and tools to maximize financial resources over an individual’s lifetime. This course discusses the latest financial planning tools and techniques that enable an individual to achieve his/her financial goals. Financial and personal satisfaction is the result of an organized process referred to as personal money management, which is the focus of this course.

Pre-requisite: FIN 210

FIN 422 Selected Topics in Finance

The primary aim of this course is to offer a more thorough examination of selected topics. The course instructor will select topics keeping in view topics of current interest and the availability of teaching material and resources. The choice of topics is expected to vary from semester to semester.  In general, the course caters for specific issues, topics and recent developments in financial thought and practice that are new or controversial in nature and that have not been adequately covered or addressed in other finance courses.

Pre-requisite: FIN 210

FIN 423 Computer Applications in Finance

This course will equip students with the skills required to apply their acquired finance knowledge using computer applications and available software, like EXCEL. The following topics are covered using computers: accounting primer, cash management, financial ratios analysis, break-even analysis, EPS, P/E ratio, taxation, time-value of money, interest/discount rates, capital budgeting, PV, FV, NPV, IRR, loan repayment schedule, dividends, measurement of risk and returns, valuation of securities, cost of capital, credit-scoring models, yield measurement, and advanced models in finance.

Pre-requisites: BUS 300, FIN 210

FIN 426 Financial Technology and Data Analytics

This course will focus on the tools and techniques used in fintech innovation and data analysis. It will evaluate and interpret disruptions in the fintech evolution. The course covers the current trends in fintech, regulatory framework, digital banking, online payments and money transfers, fintech solutions for small businesses, use of predictive analytics in financial services industry, price discovery and hedging, and ethical and social concerns of fintech.

Pre-requisite: FIN 210

ACC 310 Intermediate Accounting I 

This accounting course focuses on the process of providing financial information for business decisions. The evolution in a nature of doing business affects the comparability of financial statements among the users. A single set of accounting standards, International Financial Reporting Standard (IFRS) is currently being globally applied. The MNCs gain tremendous benefits from the introduction of IFRS. This course concentrates on the application of IFRS in various transactions such as in the preparation, valuation, and presentation of the contents of the statement of financial position. The course applies IFRS to prepare the income statement and the statement of cash flows.

Pre-requisite: ACC 205