The Saudi Market is going through transformational economic change. The newly announced Saudi 2030 Vision for a diversified economy with less dependence on oil reflects this transformation. Foreign institutional investors were recently allowed to invest directly in the Saudi stock markets. As well, in its effort to attract investment, diversify its economy, and create sustainable economic growth and jobs. The government has embarked on a new initiative that allows fully owned foreign retail and wholesale companies to invest directly in the Saudi market without the traditional Saudi partnership requirements. The aim of the government is to transform the Saudi economy to one of the region’s most diversified knowledge based economic centers and to improve the performance of different sectors of the Saudi economy, including state-owned enterprises and family businesses as they transition between generations.

As part of the effort to transform the Saudi economy, corporate governance is identified as an important factor in providing a vehicle to assure sustainability and security for investors and for corporate social responsibility. Quality corporate governance is viewed as a key factor for attracting domestic and foreign investors, spurs sustainable economic growth, and provides employment opportunities.

Good governance is the key for companies in the increasing globally competitive market; particularly, when family-run businesses are in the transition to be integrated into global market. Good governance provides assurance for long-term profitability and sustainability as it gives positive signal to outside investors. Therefore, we believe it is essential to promote a good Corporate Governance benefiting from Alfaisal University's academic assets and experiences.

Benefits of Good Corporate Governance

Improved Access to Capital
Easier access to domestic and global capital (equity & debt) including through inclusion in global investment indexes

Better Performance
Helps improve decision making and enhance the long-term prosperity of companies

Increased Value
Well-governed companies receive higher market valuations

Reduced Risk
An engaged board and effective internal controls help companies assess risks more effectively and respond quickly

Higher Employee Motivation
Effective systems can facilitate the consistent application of corporate values through transparent internal & external communication

Better Succession Planning
A strong and effective board can support succession in family businesses and listed companies

Value Proposition


  • A well-established brand
  • Known for academic excellence
  • Existing ties with private and public sector (locally & internationally)

Academic Program

  • Diverse academic program with highly knowledgeable faculty
  • Colleges of Business and College of Law strong alignment with corporate governance
  • Ability to provide Arabic & English courses

CGC Index

  • Index running since 2015
  • Only center in GCC region with CGI
  • Supported by key regulator (CMA)
  • Of interest to industry


  • Centrally located in Riyadh, close to key government and private sector offices
  • No other corporate governance center in KSA with research capabilities

Department & Programs


Accounting is one of the most rewarding careers in business and the one that offers the most opportunities with the lowest risk. The American Institute of Certified Public Accountants (AICPA) describes accounting as "The One Degree with 360 Degrees of Possibilities.

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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.

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Human Resource Management

One of the major challenges facing the Kingdom of Saudi Arabia is the shortage of Saudi Human Resources (HR) managers, experts, and professionals. In addition, organizations, around the world, are increasingly realizing the importance of having quality work-force as their most critical source of competitive advantage.

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The marketing concentration provides students with an analytical and comprehensive understanding of marketing. Students will be able to generate, analyze, interpret, and present marketing information that firms and other organizations need to satisfy and keep customers through the development..

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Operations & Project Management

With increasingly competitive businesses environments, corporations are relying on operations and project managers to achieve strategic goals through effective management of innovative solutions.

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Master of Business Administration (MBA)

With the MBA degree, Alfaisal University offers several concentrations designed to meet specific needs of the KSA business community. All of our MBA programs require the same eight core courses plus a minimum of six elective courses.

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Executive Education

The Centre for Executive Education at Alfaisal University College of Business's mission is to serve the community and attend to the professional development needs of individuals and organizations in order to build leadership qualities in the workplace.

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Undergraduate Business Program

The mission of the Bachelor of Business Administration is to develop the intellectual, professional and personal competencies of the students through principled business education and commitment to excellence.

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