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
ACFN5X6 ELECTIVE 3 3 0
Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN504 FINANCIAL STATEMENT ANALYSIS 3 3 0 6
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.
ACFN580 TERM PROJECT 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.
ACFN5X3 ELECTIVE 3 3 0
ACFN5X4 ELECTIVE 3 3 0
ACFN5X5 ELECTIVE 3 3 0
ACFN5X7 ELECTIVE 3 3 0
Course Code Course Name Credit Theoretical Lab/Practical ECTS
ACFN509 AUDITING AND ASSURANCE SERVICES 3 3 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..
ACFN507 INTERNATIONAL FINANCIAL REPORTING STANDARDS 3 3 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
ACFN502 SELECTED TOPICS IN MANAGERIAL ACCOUNTING 3 3 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.
ACFN504 FINANCIAL STATEMENT ANALYSIS 3 3 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.
ACFN512 INTERNATIONAL FINANCIAL MARKETS 3 3 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).
ACFN515 RESEARCH METHODS 3 3 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.
ACFN516 FINANCIAL MANAGEMENTS 3 3 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.