DEPARTMENT OF FINANCE

Dr. Ahmed Alanzi , Chair.
Degree Offered: Bachelor of Business Administration (BBA) with Concentration in Finance
Web address: http://cob.alfaisal.edu/programs/finance

General Department Information

The future is bright for finance graduates in Saudi Arabia.
The Kingdom of Saudi Arabia has developed many ambitious plans toward achieving its 2030 Vision. Saudi Arabia is transforming the whole nation’s economy from oil dependent economy into more diversified economy. In line with this, the College of Business offers a concentration in Finance, which aims to provide students with a theoretical and practical understanding of finance. In finance, students will have the opportunity to explore major finance dimensions of corporate finance, investment and banking management.

Concentration Core Courses (18 hours)

Finance concentration students must complete all the courses below.

C. Concentration Core Courses (18 hours)

Course Code

Course-Title

Credits

Prerequisite
Course Code

FIN 308

Managerial Finance

3

FIN 201

FIN 310

Financial Modelling

3

ACC 202, FIN 201

FIN 320

Corporate Finance

3

FIN 201

FIN 350

Financial Markets & Institutions

3

FIN 201

FIN 410

Investments

3

FIN 201

FIN 420

International Finance

3

FIN 308











Finance Courses Description

FIN 201: Principles of Finance (3 credits) (BCC)

This is a core second year course for all students in the College of Business. The course introduces students to the role of financial markets. Basic principles of ratio analysis, the time value of money, valuing fundamentals for financial assets such as bonds and shares will be explained.
Prerequisite: ACC 201,

FIN 308: Managerial Finance (3 credits) (CCC)

This is a third year course for all students concentrating in Finance. The unit is concerned with the duties of the financial manager in the business firm. These duties involve the financial tasks of capital budgeting, evaluating business proposals, understanding risk and return, capital structure and raising capital.
Prerequisite: FIN 201.

FIN 310: Financial Modelling (3 credits) (CCC)

This is a third year core unit for the Finance concentration students. This course uses spreadsheets for financial analysis, risk analysis, valuations, investment management, credit analysis, scenario analysis, budgeting, sales forecast, financial projections, project evaluation. The use of Excel as a tool for modelling, basics skills in recording, writing and using Macros in Excel is also covered.
Prerequisite: ACC 202 and FIN 201.

FIN 320: Corporate Finance (3 credits) (CCC)

Corporate finance involves the financial management and value of business entities. In this unit, we investigate how managers make investment, financing, and dividend decisions. Investment decisions are based on discounted cash flow techniques and their extensions.
Prerequisite: FIN 201.

FIN 340: Contemporary Financial Issues (3 credits) (BEC)

This course examines current financial issues that are shaping the global financial environment. This course discusses and debates the relevance of traditional financial models in contemporary financial events. The unit further includes the analysis of business cycles from a finance perspective.
Prerequisite: FIN 201.

FIN 374: Real Estate (3 credits) (BEC)

The course will provide an introduction to real estate with broad overview of real property concepts and characteristics, legal considerations, influences on real estate values, types of value, economic principles, market area analysis, investment and financing issues, brokerage, development, and management.
Prerequisite: FIN201.

FIN 350: Financial Markets and Institutions (3 credits) (CCC)

The course explores the structure and activities of various financial institutions in the global financial system. The course examines the growing importance of Central Banking actions and policies on achieving macroeconomic objectives. The changing regulatory environment facing commercial banks since the global financial crisis of 2008 as well as the Saudi Mortgage Law are also covered in detail.
Prerequisite: FIN 201

FIN 376: Entrepreneurial Finance (3 credits) (BEC)

This course is intended to empower students to be successful in developing and financing the ideas they bring to market. The overriding orientation is to apply theory and methods of finance and economics to incubating and growing new ventures. The course focuses on value creation as the objective for all entrepreneurial strategic and financial decisions.
Prerequisite: FIN 201.

FIN 380: Corporate Governance: (3 credits) (BEC)

This course examines the relationships between corporate managers, the boards of directors and investors. The course reviews the responsibilities of the board, including financial statement approval, CEO performance assessment, executive compensation, and succession planning. With global brands at risk and mistakes instantly transmitted via Internet and social media, the reputational stakes are very high.
Prerequisite: FIN 201, ACC 202, and MGT 210.

FIN 377: Fixed Income Securities (3 credits) (BEC)

This is a basic course in the analysis of fixed income securities. The course focuses on the modern valuation techniques for a variety of fixed income securities based on an observed term structure of interest rates. Recognized topics include bond pricing, the Treasury Market, bond portfolio and risk management based on duration and convexity, yield-curve trading strategies, term structure estimation, and credit risk modelling.
Prerequisite: FIN 201.

FIN410: Investments (3 credits) (CCC)

This is a final year support class for students majoring in Finance. The course examines the theory and practice of portfolio management and security analysis through the implementation of advanced regression and Excel tools for empirical research and quantitative problem solving. Students are required to develop an automated trading model in MS Excel.
Prerequisite: FIN 201.

FIN 420: International Finance (3 credits) (CCC)

This course examines international financial markets, and the opportunities they present for achieving risk management and asset allocation objectives. The principle focus will be on assets traded in liquid markets: currencies, equities, bonds, swaps, and other derivatives. Analytical tools for risk and return measurement, portfolio management and hedging will be examined.
Prerequisite: FIN 308.

FIN 450: Financial Trading Strategies (3 credits) (BEC)

This course aims to introduce students to the global markets including international stock markets and indices, commodities and currencies in the spot market. Student will learn the difference between fundamental and technical analysis and be able to make a trading decisions. Moreover, the course provides the students with the basic chart reading and analysis.
Prerequisite: FIN 201.

FIN 467: Banking Management (3 credits) (BEC)

The course aims to introduce students to the banks and their services. Topics cover issues such as organization and structure of banks; financial statements of a bank; measuring and evaluation of bank performance; asset and liability management, hedging against interest rate risk, duration gap. Basel Agreement on International Capital Standards, and regulations and reform will be introduced.
Prerequisite: FIN 201.

ECO 101: Microeconomics (3 credits) (BCC)

This course introduces students to the key principles of microeconomics and its application to decisions made by households and firms. Uses the forces of supply and demand, the course studies interaction between individuals, business firms and government. It analyses the impact of perfect and imperfect competition on welfare of key players in a society.

ECO 102: Macroeconomics (3 credits) (BCC)

This course introduces students to macroeconomics concepts and tools of analysis used to understand how an economy as a whole functions. It discusses the determinants of standard macroeconomic concepts including inflation, unemployment, and economic growth; money supply and interest rates; and evaluates the impact of fiscal and monetary policies on the economy. The course also analyses the impact of KSA’s current policies on the key indicators of the Saudi economy.
Prerequisite: ECO101.

ECO 310: International Economics (BEC)

This course will introduce both the micro-economic and macro-economic issues relevant to the economic relations among countries. The first half of the course explores the theoretical microeconomic foundations of international trade covering why, what, and how of trade versus protectionism. The second half of the course deals with issues in international finance and macroeconomics, and covers such issues as currencies and exchange rate (fixed vs. flexible) policies, balance of payments.
Prerequisite: FIN 201.

ECO 320: Islamic Economics & Finance (3 credits) (BEC)

This course is designed to introduce foundations and instruments of Islamic economics and finance within two parts. In the first part, the course will define Islamic economics and review its fundamental economic principles, and discuss historical development of Islamic economic thought. In the second part, the course will provide relationship between Islamic economics and finance by covering the foundations of Islamic finance and its historical development.
Prerequisite: FIN 201.





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