Bachelor of Business Administration in Finance
Bachelor of Business Administration in Finance
Why Finance?
The financial sector is a diverse and fascinating career field, and with this internationally-centric business degree majoring in finance, opportunities exist in the leadership of any business, non-profit organization, or government agency. This course also has a strong focus on financial management for entrepreneurship, enabling students to pursue an advisory role to all scales of corporations.
Who Should Apply?
With this four-year undergraduate curriculum, we are cultivating future business leaders who have a strong interest in economics and core STEM subjects such as mathematics and science. The ability to self-motivate and self-start will be a bonus. Applicants should have strong analytical skills and an ability to work collaboratively across all levels of an organisation, with an existing eye for financial opportunities in a company or situation.
Program Content
Business students will gain a unique blend of analytical, conceptual and strategic problem-solving skills which can be applied across a range of industry sectors. This professionally-oriented four-year program provides a solid grounding in the entire business ecosystem, incorporating accounting, business law, macro and micro-economics, marketing, management, strategy and ethics. Advancing to focus on the principles of banking, the financial services market, corporate finance and business research methods, the program delves into detailed financial models and performance evaluation. Emphasis is also given to the borrowing, lending and investing of money, facilitating a dynamic understanding of the real-world workings of the financial industry.
Program requirements
Course information
English Requirements (9 credits)
This course is an overview of expository writing, including the development and revision of paragraphs and essays using various rhetorical strategies, as well as reading and discussion of selected essays, short stories and poems. In addition, the course introduces writing about literature, incorporation and documentation of material from primary sources.
This course introduces the conventions of research writing and teaches the process of producing well-planned research papers using critical thinking and analytical skills in response to a variety of academic texts. The course is designed to provide guidance in all steps of the research process including choosing a topic, designing a research methodology, analyzing data, and writing up and presenting results.
Prerequisite: ENGL 101
This course emphasizes on techniques for communicating successfully through sound, honest written and oral business messages. The content is directed primarily to careers that involve precise writing skills, as well as general strategies involved in job related functions.
Arabic Heritage Requirements (6 credits)
This course aims at developing the language skills of native speakers of Arabic, by providing the students with a comprehensive knowledge of the linguistic system. It is intended to help students attain proficiency by expanding vocabulary and providing paragraph-level activities in reading, writing, and speaking; through a selection texts by writers from across the Arab world.
This course introduces the spatial character and history of Bahrain, including the ancient and Islamic eras, and Arabic and Islamic dimensions of the identity of Bahrain until the modern state and the development of the constitutional life in Bahrain, it also presents the philosophy of citizenship and the fundamental values of Bahrain’s society and citizenship rights ,duties and responsibilities.
Mathematics Requirements (6 credits)
This course introduces the concepts of and need for statistics, collection, tabulations, graphical representation of statistical data, frequency distributions, measures of central tendency, measures of dispersion and skewness, probability and probability distributions, the binomial, the Poisson and the normal distributions, sampling, and estimating means and percentages.
This course introduces sets, number systems, fractions, polynomials, linear equations in one variable, functions, special functions, exponential and logarithmic functions, equation of a straight line, systems of equations and mathematics of finance.
This course introduces matrix algebra, inequalities and systems of linear inequalities, linear programming, and basics of differential and integral calculus.
Prerequisite: MATH 130
Science Requirements (8 credits)
The basis of study in a variety of fields builds upon the capacity to view the world from multiple perspectives as well as the ability to ask investigative questions on the intricacies of life. Students in this course work toward gaining such skills as they survey fundamental biological principles. Students engage in discussions, application-based assignments that emphasize basic biology, cell biology, metabolism, genetics, evolution, ecology and diversity. Students also gain an introduction to the scientific method. Through this course, students will have the opportunity to increase their fundamental understanding of biology as it applies to everyday life.
The objective of this course is to introduce to non-science and non-engineering majors the fundamental principles of chemistry. It will include physical and chemical properties of matter, dimensional analysis, the atomic theory, naming compounds, mass relationships in chemical reactions, calculating limiting reagents in reactions, reactions in aqueous solutions, acid-base titrations, and different types of chemical bonding in molecules. To summarize, this course is designed to introduce introductory and basic principles of chemistry to non-science and non-engineering majors.
Social Science Requirements (9 credits)
This course introduces the basic principles and the definition of human rights with an emphasis on the International Convention of human rights. It aims to reflect current developments and questions arising in international human rights law, to communicate debates and arguments concerning human rights, and to analyze the application of international human rights principles in the context of Bahrain.
Psychology is a field focused on scientifically understanding how humans think, feel, and act. This course will introduce you to the basic concepts and research within the field of psychology and hopefully it will allow you to gain a better understanding of the self and others. The course will cover a wide range of topics such as research methodology, biological bases of behavior, perception, motivation and emotion, learning and memory, development, intelligence, personality and social influence.
This course provides a broad overview of sociology and how it applies to everyday life. Major theoretical perspectives and concepts are presented, including sociological imagination, culture, deviance, inequality, social change, and social structure. Students also explore the influence of social class and social institutions, such as churches, education, healthcare, government, economy, and environment. The family as a social structure is also examined.
Core Requirements (39 Credits)
This course introduces the fundamental principles of business organization, ownership, operation, and control.
This course provides an understanding of legal history and legal institutions and an overview of the most important principles and rules of court procedure and evidence, as well as the general principles of contract law that are relevant for business and professional courses.
This course introduces the field of accounting and the use of accounting information as a basis for business decisions. It provides a better understanding of the environment in which accounting information is developed and used. This course concentrates on a user-oriented approach thus enabling students to become life-long information users. Emphasis is placed on interpretation and use as opposed to the preparation of accounting information.
This course introduces the fundamental managerial accounting concepts and techniques which aid management in decision making, planning, controlling, and performance evaluation. Topics include cost-volume-profit (CVP) analysis, relevant costing, budgeting, and inventory planning.
Prerequisite: ACCT 101
This course introduces students to those principles essential to an understanding of the fundamental economic challenges and problems consumers, firms and governments face.
This course introduces the principles of macroeconomics and exposes students to the theory of national income determination, economic fluctuations fiscal and monetary policy and international economics.
Prerequisite: ECON 101
This course is an introductory comprehensive analysis of the main concepts prevailing in the area of finance. The course begins with basic concepts, focusing on the economic environment (including financial markets), risk and the valuation process, and then shows how specific techniques and decision rules can be used to help maximize the value of the firm.
Prerequisites: ACCT 101, ECON 101, MATH 115, and MATH 131
This course explores the basic managerial functions of planning, organizing, leading, motivating, and controlling the contemporary environment.
This course provides an overview of the complex issues surrounding contemporary organizations in an internal environment and examines the contribution of behavioral science to the management process from a theoretical and functional perspective. This course also deals with people in business enterprise and organizational relations.
Prerequisite: MGMT 101
This course introduces the ethical dimensions of business as related to the various stakeholders inside and outside the organization. Topics include business ethical theory, ethical decision making, typical dilemmas, and corporate social responsibility.
Prerequisite: MGMT 205 and ENGL 205
This course provides a basic understanding of the strategic management and business policies in modern organizations. This course is designed to develop problem-solving and decision-making skills in business situations that involve the organization as a whole and integrate knowledge and skills acquired from all areas of business.
Prerequisites: Business senior standing, MGMT 101, MRKG 101, and FINC 201
This course explores the marketing mix of ingredients. Emphasis is also placed on the analysis of the external factors of the business environment that influence marketing decisions.
This course provides an overview of management information systems, as well as the planning, designing, and implementation of a management information system. Course content also emphasizes application of the systems.
Major Requirements (30 Credits)
This course provides an overview of the functions and services performed by banking and other financial institutions, as well as introduces the legal basis of the banker/customer relationship and facilitates awareness of the scale of competition within the financial services market.
This course focuses on the scope and characteristics of the market for financial services and the operation constraints imposed.
This course provides a comprehensive analysis of the structure of optimal decisions relative to the functional areas of corporate financial decision making. Emphasis is placed upon developing an understanding of applications and limitations of decision models, financing and dividend decisions of the corporation and leasing as a capital budgeting problem.
Prerequisite: FINC 101
This course focuses on the scope of multinational corporate finance, foreign exchange risk, and political risk and emphasizes how companies react to such risks in order to hedge. Emphasis is also given to long-run investment and financing and, in particular, the foreign investment decision, capital budgeting, international capital markets, and cost of capital and financial structure of international companies. The course also covers working capital management and control and performance evaluation of international firms.
Prerequisite: FINC 101
This course focuses on ways in which international trade is undertaken, settled, and financed. Course content focuses on the appreciation of the types and needs of customers engaged in international trade and the features and benefits of services provided by banks.
Prerequisite: FINC 101
This course provides sound and practical advice on the savings and investment opportunities available to the general public and identifies how to deal appropriately with customer problems and needs.
Prerequisite: FINC 101
This course is designed to provide students with the necessary skills and knowledge to determine the information necessary to address an identified research problem (basic or applied) and, using this understanding, develop and use an actionable research proposal. In this process, the students will gain an understanding of relevant approaches and elements of undertaking a research enquiry specifically to provide insights to solving a relevant problem. They will develop critical core competencies and skills required to carry out such an enquiry. These competencies and skills include: defining research questions; setting appropriate research objectives; study design that incorporates research objectives; secondary and primary data collection and instruments; sampling and analysis methods; and effective reporting of results; as well as the importance of ethical conduct in conducting research in both a domestic and in international business contexts.
The capstone course is a method of summative evaluation in which the student is given an opportunity to demonstrate integrated knowledge and growth in the major. The course consequently builds on the knowledge gathered during years as a Business student. It gives them the ability to work on an extended business project under the guidance of a supervisor while gathering very practical experience. Students will be required to work on a complex and real-life problem related to Business studies. In doing so, the Capstone makes the link between the academic discourse and the world thereafter.
The purpose of the Internship subject is to provide students with opportunity to demonstrate the application of conceptual knowledge to the real world via industry placement in their selected field. This allows students to integrate their theoretical and conceptual knowledge with the skills and problem-solving techniques required in the workplace. Other outcomes include the acquisition of knowledge, research skills and the attitudes of business professionals, the ability to think independently, grow in originality, creativity, initiative, curiosity, enthusiasm, and resourcefulness, the ability to communicate ideas, an understanding of theory and procedures; knowledge of pertinent literature; and adeptness in the workplace. This subject provides a valuable transition between university and the workplace.
Major Electives (9 Credits) - Choose three courses
This course introduces the basic concepts of portfolio management, illustrates how to build and manage a sound portfolio, and shows how to create value and reduce risk by active portfolio management.
Prerequisite: FINC 101
This course introduces a wide range of securities and the characteristics. Course content focuses on using tools of analysis to evaluate securities and make better investing decisions.
Prerequisite: FINC 101
This course introduces the fundamentals of small business build up. The course is designed to develop the skills necessary to run a small business and provides the tools necessary for entrepreneurs who want to start a small business.
Prerequisite: FINC 101
This course brings together conceptual and empirical material in a systematic way and provides a basis for understanding mergers and acquisitions, takeovers and restructuring.
Prerequisite: FINC 101
This course introduces the nature and workings of financial markets and use by corporations, investors and others. Course content focuses on the acquisition of skill in modern valuation techniques, including the pricing of fixed-income securities, equities, foreign exchange and derivatives. Topics also include the principles of finance, including arbitrage, market efficiency, asset pricing models, portfolio theory description, financial Intermediaries, financial Innovation, global stock markets and the role of the government in financial markets.
Prerequisite: FINC 101
Professional Elective Options (9 Credits)
Students pursuing a Bachelor of Business Administration in Finance must complete a minimum of 9 elective credits. Elective credits can be earned via any courses offered at or above the 100 level (choose 3 courses).