Principles of Financial Accounting (ACCT100)

This course aims at introducing the financial accounting principles and framework. It covers the preparation of financial statements,the accounting cycle in both service and merchandising organizations, and problems of accounting measurement

Credit Hours : 3

Course Learning Outcomes

1. Apply Procedures To Account For Assets And Current Liabilities
2. Apply The Accounting Equation To Analyze Business Events
3. Demonstrate Teamwork In Problem Solving
4. Demonstrate Understanding Of The Basic Steps In The Accounting Cycle
5. Recognize The Concepts, Principles And Assumptions Underlying Financial Accounting, In Accordance With Ifrss
6. Recognize The Financial Statements Contents And Their Uses

Fundamental of Cost & Management Accounting (ACCT225)

This is an introductory course to the discipline of Cost & Managerial Accounting. As College requirement, it is conceptually oriented. The course focuses on the role of cost and managerial accounting as an information system to help various management levels to perform their functions efficiently. It is designed to introduce that role to students with different specialization interests not only accounting. Generally, the course discusses the basic cost and managerial accounting concepts and application, the relationship of cost and volume with profit, decision making differential analysis, flexible budgeting and performance analysis and measurement.

Credit Hours : 3

Prerequisites

• ACCT100 with a minimum grade D

Course Learning Outcomes

1. Compute Financial And Non-Financial Information Relating To The Cost Of Acquiring Or Consuming Resources By An Organization For Internal Reporting Purposes.
2. Demonstrate Comprehensive Understanding Of Basic Cost And Management Accounting Concepts
3. Demonstrate Teamwork Skills Through Case Studies
4. Distinguish Between Relevant And Irrelevant Cost Data For Decision-Making Purposes.
5. Distinguish Between The Roles Of Managerial And Financial Accountants In An Organization
6. Illustrate How Costs Behave For Internal Management Purposes.

Intermediate Accounting I (ACCT235)

This course facilitates the transition from financial accounting principles to the financial reporting in order to prepare students for professional accounting careers. It covers the accounting and reporting process. This course covers components of the income statement, balance sheet, followed by the cash flow statement.

Credit Hours : 3

Prerequisites

• ACCT100 with a minimum grade D
• ESPU240 with a minimum grade D

Course Learning Outcomes

1. Apply The Ifrss Concepts And Techniques To Prepare A Statement Of Comprehensive Income And A Statement Of Changes In Equity.
2. Apply The Ifrss Concepts And Techniques To Prepare A Statement Of Financial Position And A Statement Of Cash Flows.
3. Apply The Revenue Recognition Principle In Accordance With Ifrs.
4. Evaluate A Firm'S Annual Report Using The Tools Of Financial Statement Analysis.
5. Explain The Conceptual Framework For Financial Reporting In Accordance With Ifrs.
6. Explain The Uses And Limitations Of Financial Statements.
7. Identify The International Financial Reporting Environment And The Due Process Of Standard Setting Of The Iasb And The Fasb.

Intermediate Accounting II (ACCT245)

This course expands the knowledge acquired in fundamentals of financial accounting and intermediate accounting 1. It develops required topics to facilitate the transition to the large environment of financial reporting. Intermediate accounting 2 is devoted to apply international accounting principles and standards related to recognition and valuation of assets (topic 1), liabilities (topic 2) and equity (Topic 3). Consequences of these issues on financial reporting and financial statements are discussed.

Credit Hours : 3

Prerequisites

• ACCT235 with a minimum grade D

Course Learning Outcomes

1. Work In Teams, Through Group Tasks On Issues In Recognition, Valuation And Disclosure For Reporting Purposes.
2. Apply Methods And Procedures In Accordance With Ifrss In Assets Recognition And Valuation.
3. Apply Methods And Procedures In Accordance With Ifrss In Equity Recognition And Valuation.
4. Apply Methods And Procedures In Accordance With Ifrss In Liabilities Recognition And Valuation.
5. Communicate Effectively; Using Appropriate Technologies, On Issues In Recognition, Valuation And Disclosure For Reporting Purposes, Through Group Tasks.
6. Demonstrate Understanding Of Concepts And Principles Underlying Accounting, Reporting And Disclosure For Current And Noncurrent Liabilities.
7. Demonstrate Understanding Of Concepts And Principles Underlying Accounting, Reporting And Disclosure For Equity.
8. Demonstrate Understanding Of Concepts And Principles Underlying Accounting, Reporting And Disclosure For Major Asset Groups.

Islamic Accounting (ACCT311)

This course is designed to enable accounting students to identify and apply the accounting principles and procedures of the various modes of Islamic financial transactions. It covers topics such as Islamic banking and finance, zakat, takaful, insurance and awqaf. The course also emphasizes ethics and accountability in accounting for the Islamic products and services. While the course is based on AAOIFI accounting standards, comparison to IFRS standards are also included.

Credit Hours : 3

Prerequisites

• ACCT245 with a minimum grade D

Course Learning Outcomes

1. Calculate Zakat For Individual And Islamic Business Organizations.
2. Compare The Auditing And Governance Structure Of Conventional And Islamic Business Organizations.
3. Demonstrate A Comprehensive Knowledge Of The Concepts And Standards For Accounting And Financial Reporting Of Islamic Financial Institutions (Aaoifi And Ifsb).
4. Explain The Importance Of Ethics For Accountants And Auditors In Islam.
5. Identify The Differences Between Conventional Accounting And Accounting In Islamic Perspective.
6. Use Ethical Reasoning In Any Ethical Issues Faced By Accountants And Auditors.

Principles of Auditing (ACCT315)

This course will introduce the student to auditing. The major concepts of materiality, audit risk and evidence will form the conceptual framework for the course. Topics emphasized will include the necessity of the auditing function, professional ethics, the auditor’s objectives, responsibilities, and liabilities in relation to a company’s financial statements. The student will become familiar with the auditor’s approach to various audit decisions under International Standards for Auditing (ISAs), applied in the UAE. Finally, the student will learn about the formation of the auditor’s opinion and the basics of writing the audit report. Skills needed and developed in this course include mainly writing and critical thinking skills. The course will contribute to the student’s research skills as well.

Credit Hours : 3

Prerequisites

• ACCT235 with a minimum grade D

Course Learning Outcomes

1. Identify The Various Phases Of The Auditing Process Including Materiality Setting, The Internal Control System Evaluation, Evidence Gathering And The Decision Situations That Face The Auditor In Different Phases.
2. Describe The Auditor’S Professional And Legal Responsibilities.
3. Explain The Auditing Basic Concepts Of Risk, Materiality And Evidence In Accordance With Generally Accepted Auditing Standards And The Professional Code Of Ethics In Various Contexts.
4. Explain The Importance Of Auditing And Assurance Services In Reducing The Information Risk Present In Management Assertions In Published Financial Statements.
5. Justify The Auditor’S Opinion Appropriateness For Different Audit Procedures’ Outcomes.
6. Prepare A Group Field Report / Case Analysis And Make A Presentation Before A Group Of Audience.

International Accounting (ACCT324)

The primary objective of this course is to provide students with an appreciation of the variety of accounting systems prevalent worldwide and the extent, causes and possible effects of the international diversity of financial accounting and reporting. Students get an overview of the main topics in international accounting and an introduction to the international dimensions of financial statement analysis. They will learn about differences in financial measurement and reporting practices that exist internationally, the reasons for these differences, their resultant financial statement effects and methods that they can employ to cope with such differences. Students will also learn about the international financial reporting standards (IFRS) movement and the implications of reading financial statements based on IFRS.

Credit Hours : 3

Prerequisites

• ACCT245 with a minimum grade D

Course Learning Outcomes

1. Analyze A Variety Of Foreign Financial Statements.
2. Appreciate The Diversity Of Accounting Practices Worldwide.
3. Compare Financial Statements Prepared Under U.S. Gaap To Those Prepared Under Ifrs.
4. Compare International Auditing And Corporate Governance.
5. Discuss The Harmonization Of Accounting Standards And Practices Including The Pros And Cons. In Financial Reporting And Analysis Relevant To Users Of Financial Report.
6. Identify Differences In Financial Reporting Around The World.

Governmental Accounting (ACCT334)

This course introduces the theory and concepts underlying accounting, control, and financial reporting in governmental and non-profit (G&NP) organizations with emphasis on funds and fund accounting. It acquaints students with full knowledge of the budget cycle for governmental organizations. It also covers the financial accounting and reporting for colleges and universities and for health care organizations.

Credit Hours : 3

Prerequisites

• ACCT225

Course Learning Outcomes

1. Analyze Governmental Transactions Using Funds & Account Groups.
2. Apply Capital Project Fund Accounting & Reporting.
3. Discuss Accounting & Financial Reporting Standards Applied For State And Local Government Departments.
4. Discuss Accounting For Revenue Sources & Expenditure Accounting Controls & Procedures.
5. Discuss The Various Types Of Budgetary Accounting And Reporting Approaches With Particular Focus On The Performance Budgeting Approach.
6. Distinguish The Environment And Characteristics Of Governmental And Nonprofit Organizations With That Of Profit-Seeking Enterprises, With Particular Emphasis On Funds And Fund Accounting.
7. Explain The Basic Accounting & Reporting Procedures For Colleges & Universities & For Health Care Organizations.
8. Explain The Basic Accounting Procedures And Financial Statements Of The General And Special Revenue Funds.

Cost and Managerial Accounting (ACCT351)

This is an intermediate level course in Cost & Managerial Accounting. The course covers various costing systems such as: job costing, process costing, and activity based costing, as well as cost allocation methods. It includes intermediate management accounting concepts such as budgeting, variance analysis, and organizational performance.

Credit Hours : 3

Prerequisites

• ACCT225 with a minimum grade D

Course Learning Outcomes

1. Apply The Various Costing Systems.
2. Evaluate The Application Of The Various Costing Systems Within The Uae Business Environment.
3. Explain Capital Budgeting Decisions.
4. Explain Cost Allocation Aspects Such As Joint Costs And Spoilage/Rework.
5. Explain Various Costing Systems (Standard/Job Costing; Process Costing, Hybrid Costing, And Abc).
6. Prepare A Master Budget And Analysis Variances For An Organization.

Oil and Gas Accounting (ACCT352)

This course describes the features of the oil and gas industry and provides the fundamentals of accounting treatments of oil and gas operations such as exploration, drilling, development, and production. It covers the accounting standards related to recording and disclosure of oil and gas activities especially under successful efforts method. An overview of the full cost method is also provided.

Credit Hours : 3

Prerequisites

• ACCT235 with a minimum grade D

Course Learning Outcomes

1. Communicate Effectively Orally And In Writing, Using Appropriate Technologies, On Issues In Oil And Gas Accounting, Through Field Project.
2. Discuss Environmental Challenges Related To Oil And Gas Accounting.
3. Evaluate Methods Related To Asset Impairment Issues In Oil Industry.
4. Identify Activities Of Oil And Gas Industry Ranging From Exploration To Production And The Impact They Have On Accounting.
5. Prepare Recording Entries Of Oil And Gas Transactions Under The Full Cost And Successful Efforts Methods.
6. Summarize Accounting Practices And Procedures To Record Cost Related To Property Acquisition, Exploration, Drilling, Development, And Production As Well As Revenues From Oil Sales.
7. Work In Teams Creatively, Through Field Project In Oil And Gas Accounting.

Internal Auditing (ACCT353)

This course introduces students to the internal auditing profession as the function responsible for providing assurance in a corporate governance context. Students will learn the concepts of risk management, business process analysis and internal control systems based on the COSO Framework and in accordance with the International Professional Practices Framework (IPPF) for Internal Auditors. Students will practice the application of those concepts to real life organizations through conducting a field project, which is an integrated major learning approach in this course.

Credit Hours : 3

Prerequisites

• ACCT315 with a minimum grade D

Course Learning Outcomes

1. Apply The Notion Of Risk Management To Business Processes In Various Business Contexts Through A Group Field Study.
2. Categorize The Different Types Of Controls And The Appropriate Application For Each Of Them Within A Professional Framework.
3. Describe The Role Of Various Levels Of Management In Providing The Corporate Governance Requirements.
4. Discuss The Relationship Between Governance And Erm Within The Coso Framework.
5. Distinguish Between Financial Reporting Assurance Provided By Independent Auditors And The Work Of Internal Auditors In A Business Organization.
6. Explain The Various Steps Of Conducting The Internal Auditing Assurance Engagement.
7. Illustrate The Professional Framework That Guides The Work Of Internal Auditors.

Advanced Auditing (ACCT413)

This course provides the students with the knowledge and skills to exercise judgment in the management of the audit process as well as the application of some audit techniques. The emphasis of this course is on the auditor’s decision making process. It equips the students with the concepts needed in determining the nature and amount of evidence. The above is conducted in the context of best practice and current developments.

Credit Hours : 3

Prerequisites

• ACCT245 with a minimum grade D
• ACCT315 with a minimum grade D

Course Learning Outcomes

1. Apply Basic Techniques On The Audit Of A Computerized Information System, Using Acl.
2. Apply Sampling To Tests Of Controls And Monetary Unit Sampling To Substantive Procedures.
3. Create Ethical Procedures In A Dynamic Auditing Setting (E.G. Monopoly Game, Case Study) To Generate An Audit Portfolio Of Evidence That Can Be Inspected, Using A Broad Range Of Audit-Related Skills And Competencies (E.G. Teamwork, Communication, Strategic Planning, Critical And Integrative Thinking).
4. Critically Evaluate Why Auditing Is Demanded, Using Different Theories And Focusing On The Three Stands Of Market Based Approaches, As Well As Alternative Approaches.
5. Demonstrate Research Skills In Finding And Assimilating Previous Research In Topical Issues Related To The Audit Function, (E.G. Corporate Governance, Accountability And Auditor'S Role. The Composition And Importance Of The Auditing Profession In The Context Of The Uae And The Region).
6. Evaluate Evidence Gathered In Three Accounting Cycles.

Accounting Information Systems (ACCT422)

This course aims at helping students understand accounting information systems and their role in organizations. In this course, students will understand business cycles and the role of AIS in capturing, manipulating, and disseminating accounting information. Topics to be covered include transaction processing, systems documentation techniques, revenue cycle, and expenditure cycle. Students will also have hands-on experience using an accounting software.

Credit Hours : 3

Prerequisites

• ACCT225 with a minimum grade D
• MIST215 with a minimum grade D

Course Learning Outcomes

1. Apply Documentation Techniques Such As Flowcharting In Describing Accounting Aspects Of Information Systems.
2. Describe Accounting Activities And Their Related Data Processing Operations.
3. Explain The Terminology, Reports, Documents, And Procedures Inherent In Ais.
4. Illustrate The Concepts Underlying Ais, Especially Those That Relate To Accounting And Financial Decision-Making.
5. Interpret The Role Played By Accounting Information System In Modern Business Organizations
6. Solve Problems Using Sage Complete Accounting Software Package.

Advanced Accounting Information Systems (ACCT423)

This course provides students with the AIS knowledge, skills needed in transactions control procedures, and financial reporting cycle. In addition, students will have hands-on experience using an Enterprise Resource Planning system (ERPs). Topics to be covered include databases, integrated accounting systems, ERPs, computer crime and ethics, computer control for AIS, and the use of eXtensible Business Reporting Language (XBRL) in accounting reporting.

Credit Hours : 3

Prerequisites

• ACCT422 with a minimum grade D

Course Learning Outcomes

1. Assess The Costs And Benefits Associated With Enterprise Systems.
2. Critically Evaluate Ethical Issues, Risks And Internal Controls Involved In Ais Contexts.
3. Derive Appropriate Conclusions From Information Collected And Analyzed Using An Accounting Software Package.
4. Examine The Role Of Accounting Information Systems In Providing Decision Support To Managers.
5. Explain The Importance Of Xbrl And Electronic Commerce To Accountants.
6. Model A Database.

Advanced Accounting (ACCT451)

This course covers the conceptual basis and practical aspects of accounting for business combinations. It focuses on three themes: accounting for business combinations, foreign currency transactions, and the translation of financial statements of foreign affiliates. The course adopts an experiential approach to learning and teaching where real life business information and students own everyday experiences are drawn upon to demonstrate concepts explored.

Credit Hours : 3

Prerequisites

• ACCT245 with a minimum grade D

Course Learning Outcomes

1. Apply The Appropriate Accounting Concepts To Translate Financial Statements Of Foreign Affiliated Entities Into Local Currency
2. Apply The Appropriate Procedure In Accounting For The Hedging Of Foreign Currency Transactions, Fair Value Hedge And Cash Flow Hedge
3. Apply The Appropriate Steps To Translate Foreign Currency Transactions For Each Of The Three Stages Of Concern To The Accountant
4. Assess The Three Stages Of Concern To Accountants For Foreign Currency Transactions
5. Construct Consolidated Financial Statements For A Group Of Affiliated Companies Under The Cost And Equity Methods
6. Explain The Statement Of Financial Accounting Concepts That Inform The Processes Of Accounting For Business Combination.
7. Identify The Disclosure Requirements For Firms With Affiliates In Foreign Countries
8. Identify The Economic Motivation For Business Combination.

Advanced Managerial Accounting (ACCT452)

This course focuses on various advanced management accounting topics. The unit provides an insight into some contemporary management accounting practices/techniques. It covers two main perspectives: strategic management accounting techniques and performance management / measurement and controlling techniques

Credit Hours : 3

Prerequisites

• ACCT351 with a minimum grade D

Course Learning Outcomes

1. Apply Ethical Reasoning To Management Accounting Practices.
2. Apply Strategic Management Accounting Techniques To Product And Customer Profitability Problems.
3. Evaluate Organisational Performance Through Contemporary Performance Measurement Systems
4. Explain Key Characteristics Of Strategic Management Accounting.
5. Solve Transfer Pricing Problems

Accounting Theory (ACCT453)

This course helps students to clearly identify the elements of accounting theory and then relate these elements to significant problem areas in accounting. The students should thus acquire an increased depth of understanding of the major problem areas of accounting and the related standards going well beyond a mere technical grasp of debts and credits. This course is a sequential course to other accounting courses in that it furnishes students with necessary knowledge of the theoretical framework of financial accounting. After successful completion of those recording and reporting financial accounting courses, students are ready to learn about the theoretical concepts and framework behind accounting processes. The Financial Accounting Standards Board (FASB) contributes to the development process of ethical standards and accountants are required to apply their knowledge and skills and make decisions according to the Code of Ethics and Professional Code of Conduct. This course refers to issues of ethical standards (throughout the whole chapters) to enhance the application of students to such standards. Students are expected to be assessed in case studies of ethical standards.

Credit Hours : 3

Prerequisites

• ACCT235 with a minimum grade D

Course Learning Outcomes

1. Apply Accounting Theoretical And Technical Knowledge To Solve Financial Reporting Issues.
2. Communicate Effectively Orally And In Writing, Using Appropriate Technologies, On Issues Related To Accounting Theory.
3. Critically Evaluate, And Interpret Information To The Resolution Of Issues In The Field Of Accounting.
4. Discuss Ethical Issues And Other Societal Considerations In Professional Accounting Practice.
5. Evaluate Underlying Accounting Principles, Concepts, And Assumptions.
6. Identify The Variety Of Accounting Theories, Their Development And Accounting Policy Choices.

Comprehensive Accounting Seminar (ACCT455)

This capstone course is designed to extend, integrate, and critically reflect students’ understanding of theoretical and practical issues in accounting, including the analytical and decision making processes for business enterprises. The course focuses on developing students’ soft skills including problem solving, critical thinking, teamwork, communication, and research.

Credit Hours : 3

Prerequisites

• ACCT245 with a minimum grade D
• ACCT315 with a minimum grade D
• ACCT351 with a minimum grade D

Course Learning Outcomes

1. Assess Ethical Issues And Major Contemporary Societal And Environmental Challenges Related To Accounting Theory And Practice.
2. Communicate Effectively Orally And In Writing, Using Appropriate Technologies, On Comprehensive Issues In Accounting And Related Allied Fields, Through Case Studies.
3. Demonstrate Teamwork Ability, Creativity, Leadership And Aptitude For Self-Development, Through Case Studies.
4. Evaluate The Contribution Of Accounting Information Strategic Planning, Managing And Monitoring In Organizations.
5. Evaluate The Role Of Financial Statements And Other Reporting Documents In Providing Useful Information And Supporting Decision-Making.
6. Integrate Concepts, Principles And Conventions In Financial Accounting, Management Accounting And Auditing.
7. Relate Recognition, Measurement And Evaluation Issues To The Accounting Concepts And Principles.

Elements of Accounting and Finance (ACCT500)

This is a foundation pre-requisite course for those who do not have a first degree in accounting or business. The course introduces financial accounting, its role, nature, purpose and limitations of accounting conventions. Regulatory accounting framework. Financial statements construction, use and interpretation. Legal and economic considerations including elements of taxation. Basic principles of corporate governance. The course also covers introduction to finance. The financial system and flow of funds. The financial decisions of firms, investment appraisal, and life-cycle financial planning. The module also introduces managerial accounting.

Credit Hours : 3

Financial and Corporate Reporting (ACCT505)

This is a foundation pre-requisite course for those who do not have a first degree in accounting. In this course, students will learn the environmental and theoretical structure of financial accounting, the accounting process, and preparation of an income statement, balance sheet and statement of cash flows. Students will also learn how to measure income, do profitability analysis and to apply time value of money concepts to financial accounting measurements. In this course students will learn how to account for the economic resources and liabilities of an enterprise.

Credit Hours : 3

Management and Cost Accounting (ACCT510)

This is a foundation pre-requisite course for those who do not have a first degree in accounting. Students study the information needed by managers to plan, monitor, and improve their critical processes, products, and services. This course stresses the application of information technologies to tasks such as measuring costs to produce, market, and deliver products and services; planning via flexible budgets and cost volume profit analysis; Students communicate implications of their analyses to stakeholders using database, spreadsheet, and word processing skills.

Credit Hours : 3

Advanced Financial Accounting (ACCT600)

This course is designed to deal with financial accounting and reporting by corporations. It focuses on three main themes. The first theme covers the conceptual basis and practical aspects of accounting for business combinations. The second theme focuses on the measurement, reporting and disclosure issues associated with foreign currency transaction and the accounting implications of hedging foreign currency exposed assets and liabilities. The final theme deals with the translation of the financial statements of foreign affiliates into reporting currency of the investor company.

Credit Hours : 3

Course Learning Outcomes

1. Apply The Appropriate Accounting Concepts To Translate Financial Statements Of Foreign Affiliated Entities Into Local Currency
2. Apply The Appropriate Accounting Techniques For Goodwill Valuation And Impairment
3. Apply The Appropriate Procedure In Accounting For Foreign Currency Transactions, Fair Value Hedge And Cash Flow Hedge
4. Apply The Appropriate Steps To Translate Foreign Currency Transactions For Each Of The Three Stage Of Concern To The Accountant
5. Construct Consolidated Financial Statements For A Group Of Affiliated Companies Under The Cost And Equity Methods
6. Evaluate The Argument For Using Derivative Instruments To Hedge Foreign Currency Exchange Rate Risks.
7. Explain The Disclosure Requirements For Firms With Affiliates In Foreign Countries
8. Explain The Statement Of Financial Accounting Concepts That Inform The Processes Of Accounting For Business Combination.

Accounting for Senior Managers (ACCT601)

This course is designed to help students appreciate the role of accounting and the functions accounting performs inside and outside the business entity. It comprises two distinct but related components: (1) Financial accounting and the development of financial accounting systems that perform stewardship and governance functions of business entities. Students will be exposed to issues related to agency relationships, financial reporting, concepts and theoretical foundations underlying financial statements, financial statement analysis and diagnosis, use of accounting information in managerial planning, decision making, control, and performance evaluation. (2) Managerial accounting, covering internal cost management, cost control, cost analysis in developing organizational budgets, performance evaluation, and strategic decision making.

Credit Hours : 3

Course Learning Outcomes

1. Appreciate The Stewardship Function And Accountability Role Of Senior Managers Inside And Outside The Business Entity.
2. Make Effective Short And Long-Term Strategic Business Decisions, Such As, Pricing, Outsourcing, In-Sourcing, Make Or Buy, And Takeover Decisions
3. Recognize The Significance And Limitations Of Accounting Numbers And Their Cause And Effect Relationship With The Operations Of A Business.
4. Select And Correctly Use Accounting Numbers To Evaluate The Results Of Their Decisions, Diagnose The Financial Health Of A Business And Take Corrective Actions As Necessary.
5. Select Relevant Non-Financial Information To Complement Financial Information To Make Successful Business Decisions In The Areas Of Resource Allocation And Performance Evaluation.
6. Use State-Of-The-Art Modern Cost Accounting Tools And Techniques Of Analyzing Cost Behavior Patterns To Measure, Allocate, Plan And Control Costs Within An Organization

Management Accounting & Financial Analysis (ACCT603)

This course covers financial and management accounting tools and techniques applied in economic decision-making in a variety of organizational contexts. It addresses how managers use accounting information to choose strategies, implement them into day to day management and communicate with internal and external stakeholders. Upon completion of the course students would have gained ability to understand, financial statements and statement analysis, make capital investment decisions, the effects of overhead costs on Product costing and Pricing, various methods of building operational budgets and be familiar with modern Process Management and Accounting and making capital investment decisions.

Credit Hours : 3

Course Learning Outcomes

1. Analyze Financial Statements And Evaluate Companies Performance
2. Compile Cost Reports And Operational Budgets
3. Describe And Apply Financial Statements
4. Describe And Interpret Modern Cost Management Structures
5. Evaluate And Recommend Capital Investment Decisions
6. Examine The Effects Of Costs Structure On Product Costing And Pricing

Accounting Analysis & Governance (ACCT610)

The course helps students develop their ability to understand accounting analysis and governance in a way that suits the needs of those who are looking to improve their decision making process as entrepreneurs, mangers or executives. The course uses practical examples and real-world cases, including more recent frauds and scandals, to enhance the discussions of accounting analysis. It provides valuable guidance to assess risks, measure performance and conduct valuations processes to create shareholder value. It discusses corporate governance systems and mechanisms as evidenced by the role of boards, institutional investors, transparency (i.e., disclosure, internal control, and audit), and other internal and external mechanisms. It links the roles and responsibilities of all those involved in corporate governance and the financial reporting process to improve the quality, reliability, relevance, and transparency of accounting information.

Credit Hours : 3

Course Learning Outcomes

1. Assess The Quality Of Financial Reporting Using Earnings Quality Analysis In Combined With Financial Statement Analysis.
2. Differentiate Between The Corporate Governance Systems And Mechanisms.
3. Evaluate Diagnostics To Detect Manipulated Earnings.
4. Examine The Role Of Board Of Directors, Institutional Investors, Control Systems And Disclosure.
5. Examine The Role Of Other Internal And External Mechanisms In Corporate Governance.
6. Explain How Accounting Methods And Estimates Determine The Sustainability Of Earnings.
7. Explain The Devices Management Can Use To Manipulate Earnings.
8. Explain The Main Theories Of Corporate Governance.

Accounting for Strategic Decisions (ACCT611)

"The main objective of this course is to discuss ways management accounting tools/techniques can be used for strategic planning, control and performance measurement. It is divided into four interrelated parts: 1) accounting and strategic management, where it sheds light on using management accounting tools to help in utilising organisational resources in pursuit to achieve strategic goals; 2) performance measurement/management at various organisational levels, whereas it provides participants with frameworks of measuring/managing organisational performance in relation to overall strategy; 3) strategic investment decisions and control; and 4) using management accounting tools in addressing issues related to environmental awareness as a strategic objective. "

Credit Hours : 3

Course Learning Outcomes

1. Apply And Evaluate Management Accounting Systems For Controlling.
2. Apply And Evaluate Management Accounting Systems For Performance Measurement.
3. Apply And Evaluate Management Accounting Systems For Strategic Planning.
4. Discuss How Strategic Management Accounting Could Aid Management Decision-Making Processes.
5. Discuss Issue Related To Environmental Awareness As A Contemporary Business Strategic Issue.

Advanced Management Accounting (ACCT615)

This course focuses on management accounting techniques to be used in cost management; decision making under uncertainty, and planning. The course provides useful information on using effective methods for costs management, which enhances execution of organisational objectives at operational level. It discusses decision making under uncertainty and financial modelling (sensitivity analysis, scenario analysis, Monte Carlo analysis) in analyzing impact of uncertainty on future financial outcomes. It, also, discusses contemporary trends in effective budgeting practice. The course applies excel applications in accounting techniques.

Credit Hours : 3

Course Learning Outcomes

1. Analyze Management Accounting Tools For Financial Modeling (Sensitivity Analysis, Scenario Analysis, Monte Carlo Analysis) In Analyzing Impact Of Uncertainty On Future Financial Outcomes.
2. Apply Accounting Techniques Using Computer Applications, E.G., Excel.
3. Apply Contemporary Trends In Planning.
4. Evaluate Management Accounting Techniques/Approaches For Decision Making Under Uncertainty.
5. Evaluate Management Accounting Tools For Cost Management.

Auditing, Accountability and Assurance Services (ACCT620)

The aim of this course is to enable students to understand: the social importance, nature and objectives of the audit function; the audit process and the principles of audit practice, and evaluate their relevance for wider processes of accountability and governance. This course develops students' knowledge of auditing, attest, and assurance services in traditional and e-business environments. Topics include the role of such services in society, evidence relevance and reliability, materiality, risk and control, information integrity, and methods of verification.

Credit Hours : 3

Course Learning Outcomes

1. Describe Briefly The Development Of The Role Of The Assurance Services Provider In Modern Business Society;
2. Describe Other Assurance And Non-Assurance Services Provided By The Auditing And Assurance Profession;
3. Describe The Level Of Assurance Provided For Assurance Services
4. Describe The Need For An Independent Or External Audit;
5. Describe The Quality Control Procedures Necessary To Ensure That A Competent Assurance Engagement Is Performed;
6. Explain Professional Liabilities Relevant For The Cpas And Chartered Accountants;
7. Explain The Regulatory Environment In Which The External Auditor Operates (Including Relevant Sections Of The Corporations Act And The International Auditing Standards);These Standards Are Issued By International Federation Of Accountants (Ifac) Through The International Auditing And Assurance Standards Board (Iaasb);
8. Illustrate The Financial Report Audit Process, Beginning With Accepting Clients, Followed By Understanding The Client, Evaluating Business Risk And Assessing Inherent Risk, Performing Tests Of Controls To Assess Control Risk And Substantive Tests To Reduce Detection Risk, Considering Subsequent Events And Evaluating Evidence Gathered, Ending In The Formation Of An Audit Opinion And Communication Of The Results To The Client;
9. Interpret The Professional Code Of Conduct And Ethics;

Financial Accounting Standards, Theory and Policy (ACCT630)

The course focuses on conceptual framework of financial reporting, including issues of definition, valuation and presentation of contents of financial reports. The course explains alternative approaches to presenting information in financial statements as mandated by accounting standards. It discusses the reasons of moving towards a concept of comprehensive income and what this means for users of accounts. The course addresses important issues such as accounting theories as a basis for developing standards and policies, the impact of harmonisation on accounting standards, accounting earnings quality in an international context, the impact of corporate governance, and earnings management amongst others.

Credit Hours : 3

Course Learning Outcomes

1. Apply Accounting Principles, Theories, Concepts And Knowledge Of Accounting Techniques To Debate And Solve Financial Reporting Problems.
2. Compare Available Accounting Policy Choices For Inclusion In Financial Reporting Standards, And Their Theoretical Bases.
3. Demonstrate A Deeper Understanding Of Some Contemporary Issues In Accounting, And The Ability To Critically Analyze These Issues Within The Theoretical Framework Developed During The Course.
4. Discuss The Concepts Of Theory Development And Theories Of Accounting Policy Choice, Measurement Of Economic Income And The Societal Use Of Accounting Information.
5. Employ Oral And Written Communication Skills To Further Learning, And Effectively Convey Understanding Of Accounting Issues To An Audience.
6. Evaluate The Underlying Principles, Concepts, Theories, And Assumptions In The Field Of Accounting.

Financial Statements Analysis (ACCT635)

This course takes a user-oriented approach to the study of financial statements. It helps students use the information provided in financial statements to make reasoned decisions in different business environments. The course focuses on the analysis and interpretation of corporate financial statements and explains how competitive forces and business strategies affect firms’ financial statements. The course also provides the student with the knowledge and ability to identify how and when firms are managing earnings and manipulating other items in financial statements.

Credit Hours : 3

Course Learning Outcomes

1. Apply The Basic Steps In Business Valuation Using Free Cash Flows And Abnormal Earnings.
2. Assess The Effect Of Competitive Forces And Business Strategies On Firms’ Financial Statements.
3. Assess The Role Of Contracts And Regulations In Shaping Managers’ Accounting Choices.
4. Evaluate A Firm’S Annual Report Considering Accounting Distortions That Can Complicate The Interpretation Of Financial Ratios And Other Comparisons.
5. Explain How And Why Accounting Numbers Are Used In Debt Agreements, In Compensation Contracts, And For Regulatory Purposes.
6. Explain The Importance Of Financial Statements As A Valuable Source Of Information.
7. Explain The Key Changes Under The Fasb/Iasb Proposed Exposure Draft On Financial Statement Presentation.
8. Recognize The Expanding Use Of Fair Value Measurements In Financial Statements.

Management Control Systems (ACCT640)

This course examines a wide range of fundamental managerial techniques used by companies in their internal planning and control functions. In particular, it focuses on investment analysis techniques, international transfer pricing, types of control systems, issues of contracting and management control across organizational and international boundaries, financial and non-financial performance measures, and incentive systems in various organizations.

Credit Hours : 3

Course Learning Outcomes

1. Appraise The Opportunities And Difficulties Of Using Financial And Non-Financial Measures Of Performance To Support Improved Planning And Control.
2. Assess The Different Types Of Management Controls.
3. Contrast The Alternative Methods Used For International Transfer Pricing.
4. Demonstrate Increased Proficiency In Applying Various Investment Analysis Methods Using Excel.
5. Explain The Emerging Issues Of Contracting And Management Control Across Organizational And International Boundaries.
6. Select Incentive Systems In Various Organizations.

Seminar on Applied Research in Accounting (ACCT645)

This course helps students develop applied professional research skills in accounting and auditing. The course provides concrete applied research guidance. It discusses relevant sources and methods to research standards issued by FASB/IASB and to find solutions to current accounting problems. The course also emphasizes how applied research could generate empirical results that advance professional interests and capabilities.

Credit Hours : 3

Course Learning Outcomes

1. Assess The Role Of Applied Research Within A Public Accounting Firm, A Private Or A Governmental Entity.
2. Demonstrate Ability Of Effective Writing And Oral Communication Skills.
3. Describe The Meaning And Elements Of Critical Thinking.
4. Develop Critical Thinking Skills In Accounting Practice Issues.
5. Distinguish Between The Theoretical Research And Applied Research.
6. Subdivide The Eight Elements Of Reasoning.
7. Synthesize The Basic Steps Of The Applied Accounting Research Process.

Accounting in Special Contexts (ACCT661)

This elective course will be tailored depending on the professional background of the students enrolled in it. Topics covered (but not all) should be related to issues in management accounting and financial management in government and public sector, and not-for-profit organizations. In addition, topics selected can cover issues related to Ecommerce Business and the role of budgeting in governmental and not-for-profit organizations.

Credit Hours : 3

Risk-based Internal Auditing (ACCT662)

This elective course will build on some of the material covered in the core modules relating to corporate governance and control. Internal audit is one of the most important and basic business functions that are increasingly gaining more importance, especially after many corporate collapses such as Enron and WorldCom. Topics covered include the Enterprise Risk Management (ERM) framework, business risks, business process analysis and internal control systems. Application of the concepts taught to real life organizations is an integrated fundamental part of this course.

Credit Hours : 3

Course Learning Outcomes

1. Demonstrate Effective Communication To An Audience Of Professionals A Project Based Findings
2. Apply The Notion Of Risk Management To Business Processes In Various Business Contexts Through A Supervised Group Field Study.
3. Describe The Role Of Various Levels Of Management In Providing The Corporate Governance Requirements.
4. Discuss The Relationship Between Governance And Erm Within The Coso Framework.
5. Evaluate The Level Of Maturity Of An Internal Auditing Performance In Real Life Organization.
6. Illustrate The Professional Framework That Guides The Work Of Internal Auditors.
7. Recommend The Different Types Of Risk Controls And The Appropriate Application For Each Of Them Within A Professional Framework.

Accounting for Islamic Financial Institutions (ACCT663)

This elective course is designed for students with special interest on accounting in Islamic financial institutions. It is designed to enable students to identify and apply the accounting principles and procedures of the various modes of Islamic financial transactions. It covers topics such as Islamic banking and finance, zakat, takaful, insurance and awqaf. The course also emphasizes (accountants and auditors) ethics and accountability in accounting for the Islamic products and services.

Credit Hours : 3

Course Learning Outcomes

1. Analyse Issues In Accounting Practices Of Islamic Financial Institutions And Think Strategically To Identify Possible Solutions.
2. Communicate Their Evaluation And Give Opinion On Issues In Auditing, Corporate And Sharia Governance Of Islamic Financial Institutions.
3. Compare The Various Zakat Calculation Methods And Calculate Zakat For The Islamic Financial Institutions.
4. Demonstrate Comprehensive Knowledge And Professional Competencies In Accounting, Reporting And Auditing Standards Of Islamic Financial Institutions (Aaoifi Standards).
5. Evaluate Accounting And Auditing Issues For The Islamic Financial Institutions.
6. Identify Ethical And Social Dimensions Encountered In The Islamic Financial Institutions Environment And Adapt Appropriate Solutions That Consider The Diversity Of Stakeholders’ Need.
7. Lead And Work With A Team For A Project And Present The Findings In A Professional Manner.

Legal Environment and Taxation (ACCT664)

This elective course covers business legal environments and taxation issues and accounting. The first part discusses the structures and legal environments for corporate and non-corporate business organizations. Contract and agency framework are also covered in this part. The second part teaches the administration, management and accounting methods for individuals, corporate and non-corporate organizations and consumption (Value Added Tax) taxation. The conditions and computation of capital allowances for plants and machineries are included next. The course concludes with a discussion on the ethical issues, legal and financial implication of taxation and zakat.

Credit Hours : 3

Course Learning Outcomes

1. Differentiate Between Noncorporate Business Entities I.E. Sole Proprietorships, General Partnerships, Limited Partnership, Limited Liability Partnership And Limited Liability Companies.
2. Familiar With Classification Of Contracts And Mutual Assent (Offer And Acceptance), Consideration, Capacity And Legality Of A Contract. Statue Of Fraud. Interpreting A Contract, Performance, Discharge And Breach In Contracts.
3. Familiar With Formation Of An Agency, Agent’S And Principal’S Authority, Duties And Liabilities And Knowledgeable How An Agency Can Be Terminated.
4. Familiar With Formation, Operation, Financing, And Distribution Of A Corporation. Knowledgeable With Shareholder’S Rights, Director’S And Officer’S Authority, Duties, And Liabilities.
5. Familiar With Gross Income, Deductions, And Losses Of A Corporation. Reconciliation Of Book And Taxable Income. Familiar With Regular Corporate Income Taxes And Foreign Tax Credits.
6. Familiar With Negotiable Instruments And Negotiability. Also Knowledgeable About Holders In Due Course.
7. Familiar With Tax Procedures, Tax Planning, Tax Filing Status, And Tax Exemptions.
8. Familiar With The Form 1040 And Its Contents Including Gross Income, Exclusions, Deductions, Business Income And Expenses, Fica And Futa Taxes, Standard Deductions,Itemized Deductions, Tax Credits And Alternative Minimum Taxes.
9. Formation And Performance Of Contract Of Sales.

Strategic Management Accounting (ACCT665)

This is an elective course that compliments managerial accounting courses in the core. This course aims to examine the use of financial and non-financial information for the purpose of analyzing business strategy and associated processes to achieve superior organizational performance. The course introduces a number of strategic management accounting tools and techniques that can be used to analyze how business strategy and associated processes consume resources, create value for a firm and its customers, and how this value may be enhanced through continuous improvement.

Credit Hours : 3

Course Learning Outcomes

1. Analyze Business Strategy And Associated Processes Through The Application Of Strategic Management Accounting Techniques.
2. Apply Techniques Associated With Strategic Cost Management Systems And Strategic Performance Measurement Systems To Improve Business Strategy And Associated Processes.
3. Demonstrate Ability To Autonomously Engage In Business Problem Solving With The Use Of Management Accounting Techniques.
4. Demonstrate Ability To Work As Part Of A Team To Solve Complex Business Problems Using Management Accounting Techniques.
5. Evaluate The Effectiveness Of Alternative Management Accounting Techniques In Improving Organizational Performance.
6. Prepare A Management Accounting Report That Addresses A Complex Business Problem.
7. Use Oral Presentation To Report Management Accounting Solutions To Interested Parties.

Selected Topics in Financial Reporting (ACCT666)

This elective course highlights some of the main issues that need particular attention within the financial reporting area. These topics include, but not limited to, issues of uncertain tax positions, XBRL, issues of fair value, servicing assets and liabilities, issues of complexity in financial reporting, derivatives, and pensions.

Credit Hours : 3

Principles of Financial Management (FINC240)

This course focuses on the role of financial management in maximizing the value of the firm. The course covers the basic building blocks of financial management, which will be needed in more advanced courses in finance and banking. The core of this course is on the principles of modern corporate finance and financial management. It emphasizes important concepts and techniques needed for financial decision-making. Topics covered include: Business ownership, time value of money, valuations of bonds and stocks, money and capital markets, financial analysis, financial planning, risk and return analysis, capital budgeting, cash flow analysis, capital structure, financial planning, dividends policy, cost of capital, working capital management.

Credit Hours : 3

Prerequisites

• ACCT100 with a minimum grade D

Course Learning Outcomes

1. Analyze Risk And Return In An Investment Setting.
2. Apply The Concept Of Time Value Of Money.
3. Differentiate Between The Main Sources Of Finances And Their Respective Valuation Techniques.
4. Explain The Basic Principles Of Finance And Apply Them In Making Substantial Financial Decisions.
5. Interpret Financial Statements Using Ratio Analysis.
6. Select The Best Investment Strategy For A Firm By Analyzing Various Investment Options Using The Concept Of Time Value Of Money.

Financial Institutions & Risk Management (FINC261)

This course takes a risk management approach to the analysis of financial institutions operations and is designed to develop an understanding of the challenges in the management and regulation of financial intermediaries. As such, this course is designed to provide students with a conceptual framework necessary for analyzing and comprehending the current problems confronting managers of depository institutions and other intermediaries. It begins with a description of the institutional structure of financial institutions and the current global initiatives to regulate the risk management of banks (Basel accords on capital adequacy). It then characterizes the primary risks financial institutions confront. This is followed by development and use of risk management tools by financial institutions. The emphasis will be on the risk structure, operations and regulation of depository institutions.

Credit Hours : 3

Prerequisites

• FINC240
• ECON215

Course Learning Outcomes

1. Apply The Theoretical Knowledge To Real Life Practical Situations Through Project Works
2. Demonstrate Knowledge Of The Most Common And Important Risk Management Tools And Techniques In Financial Markets
3. Demonstrate Proficiency In Computer Applications Relevant To Financial Risk Management And Problem Solving
4. Explain The Role Of Derivatives In Financial Risk Management
5. Identify The Various Financial Risks Facing Financial Institutions
6. Use Qualitative Methods And Models For Evaluating Various Types Of Financial Risks.

Corporate Finance (FINC341)

The course reviews and reinforces the basic concepts covered in principles of financial management (FINC 240) and completes on them. Building on students? knowledge of ratio analysis, financial statements, time value of money, stock and bond valuation and capital budgeting, the primary objective of this course is to expand on that knowledge by introducing students to real world examples of how these concepts are used in day to day corporate strategic planning and decision making. Topics covered include financial analysis using both quantitative and qualitative data, theories of capital structure & dividends, long-term financing decisions and the appropriate use of debt/equity, calculation of optimal capital structure, sources and uses of short-term financing and cash management, mergers & acquisitions, bankruptcy & financial restructuring and corporate governance. A large array of applications and case studies is used to support the practical side of the different topics of this course.

Credit Hours : 3

Prerequisites

• FINC240 with a minimum grade D

Course Learning Outcomes

1. Discuss, In A Professional Way, Agency Problems
2. Estimate Firms’ Cost Of Capital
3. Evaluate Investment Projects Based On Investment Selection Criteria
4. Formulate Dividend Decisions
5. Justify Financing Decisions

Islamic Finance and Banking (FINC344)

This course aims to provide the essential understanding of Islamic economics and Islamic finance, including the setting up of traditional Islamic financial tools and practices and the development of modern Islamic banking and financial instruments and institutions. The course examines and relates the theory of Islamic finance to recent development in Islamic banking and financial industry. Topic covered include money policy, profit sharing, Islamic financial and banking institutions and their operations, Islamic banking model and alternative models of financing and structuring of Islamic investment funds.

Credit Hours : 3

Prerequisites

• FINC240 with a minimum grade D

Course Learning Outcomes

1. Analyze The State Of Islamic Finance And Make Predictions Regarding Its Future Directions
2. Assess The Risk-Return Profiles Of Basic Islamic Finance Products
3. Demonstrate Awareness Of The Ethical Issues Associated With The Islamic Financial Framework
4. Demonstrate Comprehensive Understanding Of The Islamic Finance Theoretical Framework
5. Design Basic Islamic Finance Products

International Finance (FINC348)

This course provides a foundational knowledge of the international business environment as well as introduces ideas on how financial management helps multinational firms operate optimally in that environment. The course focuses on international financial management within the multinational firm and provides an understanding of international regulatory and environment differences, the different foreign exchange regimes, balance of payments, access to money and capital markets, use of derivatives to hedge exchange rate risk, measurement and management of exposure to exchange rate and interest rate fluctuations, and international diversification. Emphasis is on international financial decision-making through the extensive use of cases and real-world examples.

Credit Hours : 3

Prerequisites

• FINC240
• ECON215

Course Learning Outcomes

1. Demonstrate Effective Participation And Contribution In Team Related Work In Order To Achieve The Team’S Objectives.
2. Discuss Different Topics Related To International Financial Theory, Concepts, Institutions, Markets, And Regulatory Environment.
3. Evaluate International Financial Decisions Within Ethical Frameworks.
4. Interpret International Financial Information By Using Appropriate Methods, Data Sources, And It Tools.
5. Use Appropriate Quantitative And Analytical Techniques To Solve A Problem Related To International Financial Management.
6. Use The Appropriate Technology To Deliver An Effective Presentation And To Produce Professional Quality Reports On International Financial Issues.

Investment (FINC377)

The course builds upon the concepts covered in the principles of financial management course (FINC 240). This course introduces the students to the analysis of investment information, evaluation of risks and returns, and principles of portfolio selection in investment decisions. This course focuses on securities markets, investment risk-return tradeoff, asset pricing models, and stock price behavior in relation to capital market efficiency hypotheses. Particular emphasis is placed on stocks, bonds, mutual funds and financial futures and options contracts. Special prominence is given on the study of the operations of securities markets, investment policies, valuation of individual securities, and techniques of investing in securities. Topics covered include investment instruments and their characteristics, introduction to portfolio and capital market theory, theory of valuation of stocks, bonds and the term structure of interest rates, options, commodity and financial futures, investment companies and mutual funds, and international investments.

Credit Hours : 3

Prerequisites

• FINC240 with a minimum grade D

Course Learning Outcomes

1. Demonstrate A Clear Knowledge Of The Risks And Rewards From Investing, The Valuation And Analysis Of Stocks And Bonds As Well As Other Financial Concepts Such As Portfolio Diversification, Asset Allocation.
2. Demonstrate Awareness About Ethical Issues Related To Financial Decisions.
3. Demonstrate Internet And Computer Competencies By Navigating To Outside Practitioner Readings And Data Sources To Interpret Financial Data And Information.
4. Describe Uae And International Financial Markets And The Different Types Of Financial Instruments As Alternative Investment Choices.
5. Produce A Short Report Related To An Investment Analysis Project Summarizing Their Investment Choices And Trading Strategies And Explaining How They Affected Their Wealth.
6. Use Appropriate Quantitative And Analytical Techniques To Compare Investment Choices And Implement Trading Strategies

Financial Statement Analysis and Business Valuation (FINC434)

This course is designed to prepare the students to interpret and analyze financial statements in various decision-making contexts. Indeed, Mergers, acquisitions, distress prediction, credit analysis, and security analysis rely on financial data and require full awareness of the financial position of the firm. Therefore, in order to analyze corporate decisions in those contexts, analyzing financial statements becomes vital as a milestone to conduct prospective analysis and valuation. Moreover, the financial performance of the firm crucially depends on various other factors among them: the business policy and the business environment. This course integrates financial statement analysis and performance evaluation in various corporate decision contexts. Ultimately this course aims to familiarize students with firm valuation using financial statements in view of the business strategy and the accounting policies adopted by the firm. The course briefly familiarizes students with understanding business policies, reporting policies then it offers a good platform for analyzing financial statements and conducting prospective analysis aiming to evaluate M&A decisions, distress prediction, credit analysis and equity security analysis etc…

Credit Hours : 3

Prerequisites

• FINC341

Course Learning Outcomes

1. Analyze Financial Statements To Assess The Performance Of A Business Entity In Various Decision-Making Contexts
2. Apply Prospective Analysis Including Forecasting And Valuation Techniques To Various Contexts Such As Equity Analysis, Credit Analysis, Distress Prediction And Mergers And Acquisitions.
3. Conduct Business Forecasting And Valuations On The Basis Of Accounting Data By Applying Various Quantitative And Analytical Techniques.
4. Demonstrate Hands-On Modeling Skills Using Spreadsheet Software To Prepare A Financial Planning Model For A Business Entity, Covering Financial Statement Forecasts, Ratio Analysis And Business Valuation Calculations.
5. Describe The Framework Of Business Analysis And Valuation Using Financial Statements.
6. Develop Capabilities To Work Effectively In A Group To Produce A Professional Quality Report Related And To Deliver A Professional Quality Presentation

Case Studies in Finance (FINC463)

This course emphasizes the case study approach to intermediate financial management (corporate finance and security analysis). It focuses on examining a theoretical or practical topic proposed by the faculty beyond what is offered in existing finance and banking courses. The course deals with the applications of principles and techniques of corporate finance to the real-world situations through the intensive use of case studies. Topics covered include advanced capital budgeting, corporate governance, mergers and acquisitions, capital structure, dividend policy, short-term financial management and advanced security analysis techniques.

Credit Hours : 3

Prerequisites

• FINC341
• FINC377

Course Learning Outcomes

1. Apply Theories And Concepts To Practical Problems And Real World Cases In Finance.
2. Demonstrate Effective Participation And Contribution In Team Related Work In Order To Achieve The Team’S Objectives.
3. Evaluate Financial Decisions Within An Ethical Framework.
4. Evaluate Investments.
5. Explain The Macro Implications Of The Financial Management Process.
6. Produce Professional Quality Reports On Financial Issues.

Portfolio Management (FINC472)

The course deals with the theoretical and operative framework of advanced investment management using modern portfolio theories and money management techniques. It builds and expands on the knowledge the students gained in FINC 377 (Investments). It studies how optimal portfolios are constructed, the relation between risk tolerance and asset allocation, the use of hedging instruments to manage risk or/and enhance expected returns, and performance evaluation given the investor's objectives and constraints. In this course, students will apply portfolio models and concepts to actual market data to perform analytical skills and evaluate equities, fixed income securities and other investments. Asset pricing, diversification and other financial models are covered in detail. Active versus passive investment strategies, trading practices and the role of derivatives in managing securities risk, through case study and simulation approach, will be highlighted throughout the course.

Credit Hours : 3

Prerequisites

• FINC377 with a minimum grade D

Course Learning Outcomes

1. Apply Various Valuation Models To Estimate Stock And Bond Prices.
2. Construct Optimal Portfolios Using The Mean-Variance Efficient Frontier.
3. Demonstrate Internet And Computer Competencies By Navigating To Outside Practitioner Readings And Data Sources To Collect Financial Data And Information.
4. Describe Active And Passive Management Strategies For Stock And Bond Portfolios And Related Performance.
5. Explain The Concepts Of Risk/Return Tradeoff, Asset Allocation And Diversification.
6. Produce A Short Report Related To A Portfolio Diversification Project Summarizing Their Investment Choices And Trading Strategies And Explaining How They Affected Their Wealth.

Selected Topics in Finance (FINC474)

The course covers highly specialized topics in finance with a special focus on advanced financial strategies. The course builds on the contents covered in earlier finance courses and provides a gate for students to broaden their understanding of various finance topics that are applicable in the industry nowadays. The course can be designed to focus on restructuring topics such as mergers and acquisitions including various types of M&A transactions, merger motives, performance of the merging parties, the method of financing M&As, the valuation of target firms and evaluation of synergies, in addition to related topics such as corporate governance and restructuring such as divestiture, spin-offs, buyouts, etc. The course can also cover other topics such as venture capital and private equity as well as other contemporary selected topics in finance of particular interest such as behavioral finance and real estate finance.

Credit Hours : 3

Prerequisites

• FINC341
• FINC377

Course Learning Outcomes

1. Demonstrate Effective Participation And Contribution In Team Related Work In Order To Achieve The Team’S Objectives.
2. Discuss Different Topics Related To Financial Theory, Financial Markets, Financial Instruments And Financial Institutions.
3. Evaluate Financial Decisions Within Ethical Frameworks.
4. Interpret Financial Data And Information By Using Appropriate Methods And It Applications.
5. Use Appropriate Quantitative And Analytical Techniques To Identify A Financial Problem, Analyze And Compare Alternatives And Propose A Solution.
6. Use The Appropriate Technology To Deliver An Effective Presentation And Produce Professional Quality Reports On Financial Issues.

Derivatives Securities (FINC475)

This course emphasizes derivatives products theories and its applications in financial markets. The course covers the conceptual and practical aspects of the use of derivative products for speculation and hedging purposes. Comprehensively studies equity and debt-based options, futures and other derivative instruments. It discusses the functioning of options and futures markets and the role of the market participants. Derivative instruments are analyzed with a focus on pricing, hedging techniques and arbitrage applications. Topics covered include derivatives products theories and applications, derivatives exchanges, valuation of derivatives (futures, forward, swaps and options contracts on different underlying assets), trading practices and regulations and the corporate management of financial risks. Case work and analysis is emphasized throughout the course.

Credit Hours : 3

Prerequisites

• FINC377 with a minimum grade D

Course Learning Outcomes

1. Demonstrate A Good Knowledge Of Different Derivatives Financial Markets Instruments, And Hedging Techniques.
2. Demonstrate Ethical Awareness In Financial Decision Making As Related To Derivative Securities And Trading Of Derivative Products.
3. Demonstrate Proficiency In Computer Applications Relevant To Financial Analysis And Problem Solving Of Options Contracts And Delta-Hedging.
4. Interpret Financial Data And Information By Using Appropriate Methods And It Applications, Such As The Application Of Financial Trading System (Fts) To Derivative Securities.
5. Produce Professional Quality Reports On Financial Derivative Products Issues With The Use Of Appropriate Technology To Deliver An Effective Group Presentation.
6. Use Of Appropriate Quantitative And Analytical Techniques To Analyze Options Contracts

Financial Management (FINC610)

This course aims at introducing MBA students to the essentials of modern corporate finance, financial management, and the process of financial decision-making at the corporate level. It focuses on the role of financial management in maximizing the value of the firm. It provides a framework for understanding the financial dimensions of implementing a competitive strategy in an unpredictable global economy. Throughout this course, students will examine the three responsibilities of a financial manager: (i) Making good investment decisions; (ii) Making good financing decisions; and (iii) implementing appropriate payout policies. Emphasis is on financial decision-making through the extensive use of cases and real-world examples.

Credit Hours : 3

Course Learning Outcomes

1. Compare Different Valuation Techniques Used In Practice And Apply Them To Various Decision Making Contexts Such As Investment Decisions, Mergers And Acquisitions, Security And Portfolio Analysis,…
2. Demonstrate Hands-On Modeling Skills Using Spreadsheet Software To Implement Time Value Of Money, Cost Of Capital And Valuation Calculations And Make Appropriate Financial Decisions In Complex Practical/Real Case Settings.
3. Describe The Strengths And Pitfalls Of The Value Maximization Objective In Financial Decision Making And Discuss Its Ethical And Social Responsibility Dimensions.
4. Develop Capabilities To Work Effectively In A Group And/Or Demonstrate Autonomy And Responsibility To Produce A Professional Quality Report Related To A Relevant Financial Management Project, And/Or Deliver A Professional Quality Presentation.
5. Identify Corporate Financing Alternatives And The Design Of A Company’S Capital Structure And Discuss How Capital Structure And Payout Policies Affect Firm Value.
6. Make Capital Budgeting Decisions And Compare Alternative Investment Opportunities On The Basis Of Real Accounting And Financial Data By Applying Various Quantitative And Analytical Techniques.

Advanced Corporate Finance (FINC640)

The course builds on FINA 610 Financial Management course and analyzes a variety of issues. The course is concerned with analyses of the financial policies and strategies of corporations using the case study approach. The topics covered include advanced project valuation using real options, cost of capital and capital structure, distribution policy including dividends and share repurchases, raising capital, mergers and acquisitions, leverage buyouts, corporate failure and restructuring. The course is useful for any student who is contemplating an eventual senior management position in a corporation. The course is also useful for investment managers and analysts. The course bridges the gap between theory and practice by using real life cases for international and regional corporations, where students are exposed to strategic financial decisions faced by corporation and will be stimulated to apply their analytical skills and reasoning in proposing optimal solutions to the problems in place.

Credit Hours : 3

Course Learning Outcomes

1. Analyze Real-World Case Studies In Strategic Corporate Finance Management, Make Conclusions And Provide Decisions.
2. Demonstrate Knowledge Of Corporate Financial Theories, And Understand Their Application In The Changing Macroeconomic Environment.
3. Participate Collaboratively And Responsibly In Teamwork, And Reflect Creativity In Leadership And Direction To The Team.
4. Produce A Professional Quality Report And Deliver A Highly Professional Oral Presentation On A Corporate Finance Topic.
5. Understand Corporate Financial Decision-Making And Complex Strategic Financial Decisions, Including Advanced Project Valuation Using Real Options, Cost Of Capital, Capital Structure, Dividends Policies, Mergers And Acquisitions, Corporate Failure And Restructuring.
6. Use Financial And Modeling Tools As Well As Appropriate Software Packages For Analysis Of Strategic Corporate Finance Management Decisions.

International Finance & Banking (FINC650)

The course focuses on the unique problems encountered by the international treasurer or chief financial officer of multinational corporations. It is the international sequel of a corporate finance course and as such it revisits the same funding/financing and investment questions within a multi-currency setting. This course is designed to provide a foundational knowledge of the international business environment and to introduce ideas on how financial management helps multinational firms operate optimally in that environment. Emphasis is on international financial decision-making through the extensive use of cases and real-world examples.

Credit Hours : 3

Course Learning Outcomes

1. Apply Theories And Concepts Related To International Economic Environment In A Multinational Firm Context.
2. Appreciate Various Appropriate Financial Contracts (Securities) And Their Use In The Efficient Management Of International Business Risks (Particularly The Risk Of Changing Currency Values).
3. Demonstrate An Understanding Of The Nature And Roles Of The International Monetary System And Of Private Financial Institutions And Markets.
4. Learn To Identify Ways Of Using The Knowledge Of Uae Business Environment In Optimally Financing International Business.
5. Learn To Plan And Implement International Financial Decisions In Ways That Optimize The Objectives Of The Firm.
6. Recognize The Ramifications Of Exchange Rate Fluctuation On The Operation And Profitability Of Multinational And Domestic Firms.

Investment & Portfolio Management (FINC660)

This course introduces the students to the analysis of investment information, evaluation of risks and returns, and principles of portfolio selection in investment decisions. It offers an analysis of investments in financial securities, with an emphasis on portfolio theory and provides the theoretical and operative framework for portfolio and advanced investment management in the securities markets. This course focuses on securities markets, investment risk-return tradeoff, asset pricing models, and stock price behavior in relation to capital market efficiency hypotheses. Particular emphasis is placed on stocks, bonds, mutual funds and financial futures and options contracts. Special prominence will be given on the study of the operations of securities markets, investment policies, valuation of individual securities, and techniques of investing in securities. A large array of applications and case studies is used to support the practical side of the different topics of this course. At the minimum the course should include the following topics: the purpose and operations of security markets; investment instruments and their characteristics; introduction to portfolio and capital market theory; theory of valuation of stocks, bonds and the term structure of interest rates; options, commodity and financial futures, investment companies and mutual funds; and international investments.

Credit Hours : 3

Course Learning Outcomes

1. Demonstrate Proficiency In Computer Applications Relevant To Financial Analysis And Problem Solving.
2. Exhibit Ethical Awareness In Financial Decision-Making.
3. Interpret Financial Data And Information By Using Appropriate Methods And It Applications.
4. Possess A Good Knowledge Of Financial Markets, Instruments And Institutions From Both A Global And A Local Perspective.
5. Produce Professional Quality Reports On Financial Issues Will Use The Appropriate Technology To Deliver An Effective Group Presentation.
6. Use Appropriate Quantitative And Analytical Techniques To Identify A Financial Problem, Analyze And Compare Alternatives And Propose A Solution.

Advanced Risk Management (FINC670)

Managers with financial responsibilities are expected to have a working knowledge of the principles and practices of pure and financial risk management. Financial reporting is now seen as less important than skill in financial decision making. The volatility in financial and commodity markets clearly shows that firms face risks. Financial risk management aims to analyze, control, and if necessary, reduce those risks to an acceptable level. This is an essential aspect of financial management and one increasingly sought by practitioners. The course focuses on the application of risk management to the issues and problems of financial theory. Topics will include risk exposures (pure and speculative), methods of risk handling, interest rate risk and gap analysis, linear and nonlinear products, capital risk and Basel II, the VaR measure of market risk, credit risk and probability of default measures, operational risk, model risk and liquidity risk, and currency risk. The course will build upon the analytical skills developed in Financial Management and Corporate Strategy.

Credit Hours : 3

Course Learning Outcomes

1. Demonstrate Proficiency In Computer Applications Relevant To Financial Risk Management And Problem Solving.
2. Explain The Role Of Derivatives In Financial Risk Management
3. Identify And Categorize The Various Financial Risks Facing Organizations, Especially Banks.
4. Use Quantitative Methods And Models To Assess Various Types Of Financial Risk.
5. Use Sophisticated Risk Management Tools And Techniques In Financial Markets And Institutions.

Islamic Finance & Financial Institutions (FINC680)

This course covers the basic concepts of Islamic Finance and the functioning of Islamic financial institutions, such as banks, insurance companies and investment funds. After reviewing the basic concepts of economics from an Islamic perspective, the course introduces and analyzes the financial instruments and techniques developed and used by Islamic financial institutions in the process of collecting savings and making investments. Islamic financial products, such as murabaha, musharaka, mudaraba,Istisna’a, Bai Salam, and Ijara will be introduced and discussed. This course covers also special topics such as the worldwide development of the Islamic finance industry, its challenges and opportunities and the regulation and governance of Islamic financial institutions.

Credit Hours : 3

Course Learning Outcomes

1. Analyze The State Of Islamic Finance And Predict Its Future Directions
2. Assess The Risk-Return Profiles Of Basic Islamic Finance Products
3. Demonstrate Awareness Of The Ethical Issues Associated With The Financial Sector
4. Demonstrate Comprehensive Understanding Of The Islamic Finance Theoretical Framework
5. Design Basic Islamic Finance Products