Curriculum

Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN503 COST ACCOUNTING 3 3 0 6
In this course, the development, interpretation, and use of relevant cost behavior, control, and tractability concepts for management planning, controlling and decision making are emphasized. This course focuses on corporate decision-making skills for managers by concentrating on the concepts and practices of managerial accounting. The emphasis is on building a general framework for choosing among alternative cost systems for operational control and product cost and profitability measurement. The course covers recent conceptual and analytical developments in the area of management accounting, including study of modern and relevant planning, control techniques and their underlying concepts as applied to various functional areas within the firm, and performance evaluation
ACFN505 PORTFOLIO THEORY AND EQUITY ANALYSIS 3 3 0 6
The aim of the course is to provide students with knowledge of portfolio management concepts such as Markowitz Portfolio Selection Process, Efficient Frontiers, Capital Asset Pricing Model and Arbitrage Pricing Theory. This course will enhance the student’s critical thinking as well as knowledge of specific techniques in the investment process, the global market investment decision, efficient capital market, stock market inefficiencies (anomalies), behavioral finance, variables that forecast stock returns, quantitative optimization methods based on stock return forecasting models and mean-variance analysis, equity style management, transaction costs, quantitative optimization methods based on stock return forecasting models and mean-variance analysis and measuring the performance of active portfolio managers.
ACFN5X1 ELECTIVE 3 3 0
ACFN5X2 ELECTIVE 3 3 0
Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN590 SEMINAR 0 0 0 0
Seminar presentation and group discussions on selected topics related to the Accounting program.
ACFN5X3 ELECTIVE 3 3 0
ACFN5X4 ELECTIVE 3 3 0
ACFN5X5 ELECTIVE 3 3 0
Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN500 THESIS 0 0 0 0
Supervised independent research on a topic agreed between the student and the supervisor (a Faculty member) and approved by the Administrative Committee of the Institute.
Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN504 FINANCIAL STATEMENT ANALYSIS 3 3 0 0
This course is organized to help students to analyze and interpret the financial statements. Students will use the financial statements to decide the capital structure and solvency, profitability and liquidity positions of companies. This course will also teach students comparative analysis, vertical analysis, trend analysis, and ratio analysis to perform the analysis of financial statements. On successful completion of this course, all students will have developed knowledge and understanding of: Measuring and Estimating Costs, Accrual-based Versus Cash-flow-based Performance Measures, Cost of Capital, Credit Analysis, Growth Analysis, Decision Making, vertical analysis, trend analysis, and ratio analysis to perform the analysis of financial statements and Valuation and Accounting Quality.
ACFN514 INVESTMENTS MANAGEMENT 3 3 0 0
Develops an understanding of the models and concepts of profitable investing, relying on theoretical development and consideration of observed pricing, market, and participant behavior. Examines the markets through which investment funds are channeled and the motivations of the investing and borrowing communities.On successful completion of this course, all students will have developed knowledge and understanding on: how securities are Traded, Mutual funds and other investment companies, Global Financial Instruments, Efficient Diversification, The efficient market hypothesis, Intentional investing, Taxes. Inflation, and investment Strategies, Investors and the investment process, Behavioral Finance and Technical analysis. Examines the markets through which investment funds are channeled and the motivations of the investing and borrowing communities.
ACFN515 RESEARCH METHODS 3 3 0 0
Through theoretical and field based application of modern techniques, this course provides an opportunity for participants to enhance their knowledge in research as well as equipping them to undertake effective research in their respective disciplines. This course will equip our students with the necessary knowledge of variety methods of qualitative data collection and analysis, give practical experience of research and enable them to design and undertake on how to conduct a research paper, projects and /or thesis in future. Through a designed lectures, readings, class and field-based practical SPSS offers both a theoretical and practical introduction to qualitative research. It covers a good selection of the most commonly used qualitative technique. Also, it covers the basic quantitative analysis techniques like; Regression analysis. The module is committed to provide students with ‘hands on' experience of using the techniques as the best means to ensure effective learning.
ACFN509 AUDITING AND ASSURANCE SERVICES 3 3 0 0
The aim of this course is to provide students with knowledge of basic auditing concepts, and teach them the requirements of an audit and assurance system. International auditing standards and the audit procedures will also be analyzed. This course will also provide the detailed knowledge regarding the audit cycle needed to perform a basic accounting audit. On successful completion of this course, all students will have developed knowledge and understanding of: An Introduction to assurance and financial statement auditing, The financial statement auditing environment, Audit planning, types of audit tests and materiality, Risk assessment, Evidence and documentation, Internal control in a financial statement audit, Auditing internal control over financial reporting and Audit sampling e.t.c..
ACFN508 FINANCIAL THEORY AND APPLICATIONS 3 3 0 0
This course provides an introduction for fundamentals of finance. Students will be introduced with the interpretation of financial statements; the valuation of distant cash flows; the valuation of financial instruments such as stocks, bonds and options; and the financing and investment decisions of firms. This course will also teach students about the operations of the companies from the side of a consultant or investor. On successful completion of this course, all students will have developed knowledge and understanding of: Financial Statements, Taxes and Cash Flows, Working with Financial Statements, Long Term Financial Planning and Growth, Time Value of Money, Discounted Cash Flow Valuation, Interest Rates and Bond Valuation, Stock Valuation, NPV and Other Investment Criteria and Making Capital Investment Decisions
ACFN501 ADVANCED ACCOUNTING 3 3 0 0
This course provides students with the tools necessary to succeed in the modern world of accounting. The emphasis throughout the course is on financial accounting concepts and on the application of those concepts to problems arising in both business and nonbusiness organizations. On successful completion of this course, all students will have developed knowledge and understanding of: Introduction to Business Combinations and the Conceptual Framework, Accounting for Business Combinations, Consolidated Financial Statements, Allocation and Depreciation of Differences Between Implied and Book Values, Elimination of Unrealized Profit on Inter-company Sales of Inventory, Elimination of Unrealized Gains or Losses on Inter-company Sales of Property and Equipment, Changes in Ownership Interest and Inter-company Bond Holdings and Miscellaneous Topics-Consolidated Financial Statements and Insolvency-Liquidation and Reorganization.
ACFN507 INTERNATIONAL FINANCIAL REPORTING STANDARDS 3 3 0 0
This course will provide basic knowledge regarding the international financial reporting standards. Each standard and the concepts within the standards will be analyzed in a detailed way. Students will have the ability to analyze the uniformity of reporting from the international perspectives. Which is describing the organizational structure of the key in setting IFRSs, describe the purpose of a conceptual framework-who uses it and why, explain the qualitative characteristics that make information in financial statement useful, discuss the going concern assumption underlying the preparation of financial statements, define the basic elements in financial statement-assets, liabilities, equity, income, and expenses, distinguish between alternative bases for measuring the element of financial statements, and outline concepts of capital
ACFN516 FINANCIAL MANAGEMENTS 3 3 0 0
Solving issues relating to financial management has become a big problem in our contemporary world for financial managers. To make a difference, this course is purposefully designed to facilitate students’ ability to synthesize and incorporate presented tools into flexible model for curtailing the long existing problem of financial managers. On successful completion of this course, all students will have developed knowledge and understanding of: Project Analysis and Evaluation, Some Lessons from Capital Market History, Return, Risk and the Security Market Line, Cost of Capital, Raising Capital, Financial Leverage and Capital Structure Policy, Dividends and Dividend Policy, Short Term Finance and Planning, Cash and Liquidity Management and Credit and Inventory Management.
ACFN502 SELECTED TOPICS IN MANAGERIAL ACCOUNTING 3 3 0 0
The aim of this course is to provide students with fundamental knowledge of Managerial Accounting which is concerned with providing both financial and non-financial information to managers. Also, this course will help to prepare students with an overview of analyzing firm performance for a certain period of time and making decisions regarding their performance. This course will include the main issues covered Activity Based Costing, Time Driven Activity Based Costing, Quality Cost, Just-in-Time System, Theory of Constraints, and Balanced Scorecard. Students will have the ability to use cost and managerial accounting data in a decision making process.
ACFN506 COST-BASED MANAGEMENT AND DECISION MAKING 3 3 0 0
This course will provide students with practical knowledge of cost and managerial accounting systems. These systems are used by organization to analyze their product costs and internal cost structures, and provide other pertinent information used in management decision making. This course will cover fundamentals of cost management, service department and joint cost allocation, performance measurement to support business strategy, business unit performance measurement, transfer pricing, fundamentals of variance analysis, master budget flexible budget; absorption and variable costing; short and long-term costing decisions, break even analysis and volume analysis; and capacity management. The pre-requisite for this course is the core course in cost accounting titled “ACC 503 Cost Accounting”.
INBA502 MODERN THEORY OF BANKING AND FINANCE 3 3 0 0
This course discusses financial governance and explains how financial markets and institutions complement each other. It also identifies the economic forces work within financial systems and explores how they determine system organization.This course also offers a theoretical survey of financial activity and its application to numerous practical situations. Course also explains both static financial system organization and the dynamics of financial system evolution. After the completion of this course students will have detailed information regarding the following topics; Financial System Functions, Financial System Governance, Financial System Organization and Change, Market versus Nonmarket Governance, Market Governance,Intermediation and Internal Governance, Terms of Deals, Pricing Stocks and Bonds, Pricing Derivatives by Arbitrage, Markets with Impediments to Arbitrage Securities, Bond and Mortgage Markets, Markets for Trading Risks, Exchange Rates and Markets, Marketable Securities Portfolios, Nonmarketable Securities Portfolios, Principles of Intermediation, Management Practice: Domestic Institutions, International Banking and Banking Markets.
INBA503 INTERNATIONAL FINANCIAL MARKETS & BANKING 3 3 0 0
The aim of the class is to provide you with an understanding of the financial system and the roles and functions of financial markets and institutions. A particular emphasis is placed on understanding the roles of intermediaries such as banks and investment firms. Will develops an understanding of the various characteristics and roles of fixed income, equity, and foreign exchange markets. While some attention will be given to the global nature of financial markets will be widely discussed. This class aims to equip you with an awareness and understanding of financial markets and institutions in the context of the global economy. Particular emphasis will be placed on the role and contribution of the banking sector. This class covers the reasons for, and nature of, of financial markets and institutions with a particular focus on banking, the global nature of these markets and their regulation.
ACFN512 INTERNATIONAL FINANCIAL MARKETS 3 3 0 0
This course develops the principles of international finance to gain an understanding of exchange rate dynamics, international financial flows, and recent events in both developed and emerging economies. The main topics are exchange rates, interest rates, and the derivatives (contingent claims). On successful completion of this course, all students will have developed knowledge and understanding on: options markets, options Valuation, Future markets, Bond prices and Yields, Managing Bond. Monetary Authorities, Risk in investing Mortgages and Financial crises,Equity markets, Commercial banking ,Regulation of banks. Monetary Policy , Money Markets, Capital Markets, Supply and Demand for loanable funds and exchange rates, interest rates, and the derivatives (contingent claims).
ECON503 ECONOMETRICES 3 3 0 0
ACFN211 ACCOUNTING I 0 0 0 0
This course is an introduction to the financial statement which contains theory, practice and application of accounting principles. The objective of this course is to achieve a strong foundation of accounting principle and to ensure the students understand the process of classifying, reporting, evaluating and interpreting financial information. Accounting helps students build a foundation upon which they’ll continue to learn and grow in their study. By the completion of the course the students should be able to do the following: 1-Identify the steps in accounting cycle, 2- Interpret and record the business transactions, 3-Classify the similar transactions into useful reports, 4- Summarize and communicate information to decision makers.
INBA501 MONETARY POLICY AND ROLE OF CENTRAL BANK 3 3 0 0
Financial Markets, Banking, and Monetary Policy provides a comprehensive introduction to the financial system, including the markets, institutions, and mechanisms of finance, as well as the role of the central bank and monetary policy. The economic principles underlying finance are woven through the chapters, and the course includes an insightful introduction into the causes of and responses to the recent financial crisis. After the completion of this course students will have detailed information regarding the following topics; Overview of the Financial System, The Special Role of Commercial Banks, The Pricing of Financial Assets, Factors Affecting Yields, Principles of Portfolio Selection and Efficient Markets, The Money Market, The Bond Market, Securitization, The Mortgage Market, The Equity Market, Central Banking and the Federal Reserve, Monetary Policy: The Basics, Monetary Policy: Challenges Faced by Policymakers.
MAN595 TECHNIQUES FOR STATISTICAL ANALYSIS 3 3 0 0
ACFN203 BUSINESS FINANCE 0 0 0 0
The material covered in this course can be summed up as a “Guide Book for New entrepreneurs”. It has seven basic objectives: to introduce the business environment as an important factor in the birth and survival of new businesses, to emphasize the importance of the business idea, to familiarize the student with the sources of initial capital, to review the basic financial tables and tools, to have the student draw up and write his own realistic business plan, and to acquaint the student with the procedures linking businesses with banks and other institutions of the financial markets, help to prepare students with a conceptual frame work for understanding and analyzing decision took by management.
ACFN212 ACCOUNTING-II 0 0 0 0
Students will develop advanced skills that build upon those acquired in Accounting I. Additional accounting skills such as reconciling uncollectible accounts, calculating depreciation on assets, interpreting financial information, and calculating notes and interest will be developed. Computerized accounting will again be incorporated as an essential tool where resources are available. On successful completion of this course, all students will have developed knowledge on how to prepare a bank reconciliation, record merchandising activities in perpetual and periodic inventory systems, account for uncollected receivables, account for marketable securities, calculate depreciation for tangible fixed assets using different depreciation methods, account for short-term and long-term liabilities and stockholder’s equity.
MAN521 BUSINESS ECONOMICS 3 3 0 0
MAN532 MARKETING STRATEGIES 3 3 0 0
EMN501 PRODUCTION PLANNING AND SCHEDULING 3 3 0 0
BUS345 BUSINESS FINANCE 0 0 0 0
ACFN204 FINANCIAL MANAGEMENT 0 0 0 0
This is a two pronged course. The first part covers analyses of the time value of money. This part includes illustrations with specific reference to current cases regarding the management of cash. The second part deals with the procedures and instruments that prevail in the relationship between the firm and money and capital markets. Particular attention is devoted to the stock exchange including regulations pertaining to initial public offerings and listings. Also, this course will give the students detailed information about capital budgeting, capital market line, security market line, risk and return, cost of capital, financial leverage and capital structure policy (i.e. long-term financial policy) and short-term financial planning.
INBA507 BANK MANAGEMENT 3 3 0 0
This course is an introduction to the modern theory of banking and financial intermediation. Despite their long history and importance, banks do not easily fit into the models that economists typically use. It will examine different modelling approaches, with an emphasis on models based on asymmetric information. We will also study theories of financial instability and regulatory response to instability. After the completion of this course students will have detailed information regarding the following topics; Banking and the Financial Services Industry, Government Policies and Regulation, Analyzing Bank Performance, Managing Noninterest Income and Noninterest Expense, The Performance of Nontraditional Banking Companies, Pricing Fixed-Income Securities, Managing Interest Rate Risk: Earnings Sensitivity, Managing Interest Rate Risk: Duration Gap and Economic Value of Equity, Using Derivatives to Manage Interest Rate Risk, Funding the Bank, Managing Liquidity, The Effective Use of Capital, Overview of Credit Policy and Loan Characteristics, Evaluating Commercial Loan Requests and Managing Credit Risk, Evaluating Consumer Loans, Managing the Investment Portfolio and Global Banking Activities.
ACFN421 AUDITING I 0 3 0 0
AUDITING I