MBA Finance and Accounting


Program Description: The Programme is designed to prepare successful applicants to assume a larger role in strategically managing their organizations’ financial and other key resources. The philosophy of the university to blend scholarship with practical based teaching and learning. The programme therefore aims is to develop students’ expertise in key financial areas while also developing their business and leadership skills. This unique concentration provides a competitive advantage for middle and top management to acquire competencies in accounting, auditing and finance. Students will explore and develop their understanding of all aspects of accounting such as: financial accounting, financial reporting, cost and management accounting, auditing, taxation and financial Management.  




     Course Title

Credit Hours

Core Stage

 

·          MCC 601            Marketing Management

3

·         MCC 604            Quantitative Methods for Decision Making 

4

·         MCC 605             Business Law

3

·         MCC 607             Accounting for Decision Making 

3

·         MCC 602             Managerial Economics

3

·         MCC 603             Research Methods

4

·         MCC 608             Organizational Behavior 

3

·         MCC 609             Strategic Management

3



Specialization Stage

 

·         Asset Pricing and Management

4

·         Managerial Finance & Accounting

4

·         Financial Risk Management

4

·         Financial Statement Analysis

4

Thesis Stage

12 ECTS

Capstone Project 

 

Students engage in Capstone Project research and preparing paper under guidance of Academic Mentor; Approval by Academic Review Board

Oral Defense 

Students defend Capstone Project at Oral Defense; Approval by Oral Defense Committee

Specialization Course Descriptions:

 

Course Name

Course Descriptions

Asset Pricing and Management

This course introduces the asset pricing to a single idea that price equals expected discounted payoff that captures the macro-economic risks underlying each security's value. The course provides a unified account of modern asset pricing. It also provides applications to stocks, bonds, and options. Each model--consumption based, CAPM, multifactor, term structure, and option pricing--is derived as a different specification of the discounted factor.

Financial Economics

The path-breaking advances in finance theory and practice over the past decades have profoundly changed the financial world. These changes are further accelerated by the extensive globalization of financial markets and the rapid development in financial technologies in recent years. This course provides a rigorous introduction to the fundamentals of financial economics and their applications to business challenges in capital budgeting, project evaluation, corporate investment and financing decisions, and basic security analysis and investment management.

Financial Risk Management

The module focuses on managing various components of business risk using case studies and real world assessments. The module addresses how to control for market and credit risks. The learners will examine in-depth management of assets and liabilities in combination with other risks that stem from using financial instruments such as financial derivatives. Reputational risk, operational risk, liquidity risk and ultimately risk of default are also analyzed and accounted for in great detail. The module also provides the learners with understanding of cash management and making recommendations to local businesses. Importance of leverage and its impact on credit risk and overall market risk is also examined while introducing concepts such as Marking-to-Market and Marking-to-Model the Loans Book. The module also offers knowledge on potential consequences of changing credit risk and market risk policies and the role of the regulators. Some of the major topics include loss of capitalization, derivatives, sensitivity analysis, gap analysis, stress testing, and real-time financial reporting. 

 

Financial Statement Analysis

The module explores financial concepts used in financial statements reporting, financial analysis and investments. Topics include creating and understanding a financial statement, appreciating financial disclosure issues, developing a budget and evaluating cash-flow projections. The module provides insight into financial reports and analysis of the financial position and the operating results of business organizations, including several techniques such as common sizing, trend analysis and ratio analysis, which are useful to analyze a company. Accounting principles of GAAP and IFRS are compared and contrasted. The module also reveals financial and business concepts behind making investment decisions, financial projections and valuation of companies.

 

Grading Systems:

Grade

Marks (%)

Interpretation

Grade Point

A

80 -100

Excellent

4.00

A-

70 - 79

Very Good

3.50

B+

60 - 69

Good

3.00

B

50 - 59

Credit

2.50

C

40 - 49

Marginal Pass

1.50

D

30 - 39

Fail

1.00

F

0 - 29

Fail

0.50

Z

 

Disqualified

 

IC

 

Incomplete

 

 

Pass Grades:

Grades A, A-, B+,  and B constitutes pass grades.

 

Failure Grades:

Grades C, D, F, and Z constitutes failure grades.


Graduation Requirement:

Students are required to obtain a minimum of 60 credit hours of passed grades. However, 8 credit hours of marginal passes (grade C) in addition to 60 credit passes will be acceptable for graduation.

 

Students will therefore be required to retake relevant number of courses in which they obtained marginal passes, and failed grades in order to meet the graduation requirement.

 

 

Expand all

Asset Pricing and Management

This course introduces the asset pricing to a single idea that price equals expected discounted payoff that captures the macro-economic risks underlying each security's value. The course provides a unified account of modern asset pricing. It also provides applications to stocks, bonds, and options. Each model--consumption based, CAPM, multifactor, term structure, and option pricing--is derived as a different specification of the discounted factor.

Investment and Portfolio Analysis

Financial Economics

The path-breaking advances in finance theory and practice over the past decades have profoundly changed the financial world. These changes are further accelerated by the extensive globalization of financial markets and the rapid development in financial technologies in recent years. This course provides a rigorous introduction to the fundamentals of financial economics and their applications to business challenges in capital budgeting, project evaluation, corporate investment and financing decisions, and basic security analysis and investment management.

Financial Risk Management

The module focuses on managing various components of business risk using case studies and real world assessments. The module addresses how to control for market and credit risks. The learners will examine in-depth management of assets and liabilities in combination with other risks that stem from using financial instruments such as financial derivatives. Reputational risk, operational risk, liquidity risk and ultimately risk of default are also analyzed and accounted for in great detail. The module also provides the learners with understanding of cash management and making recommendations to local businesses. Importance of leverage and its impact on credit risk and overall market risk is also examined while introducing concepts such as Marking-to-Market and Marking-to-Model the Loans Book. The module also offers knowledge on potential consequences of changing credit risk and market risk policies and the role of the regulators. Some of the major topics include loss of capitalization, derivatives, sensitivity analysis, gap analysis, stress testing, and real-time financial reporting

Financial Statement Analysis

The module explores financial concepts used in financial statements reporting, financial analysis and investments. Topics include creating and understanding a financial statement, appreciating financial disclosure issues, developing a budget and evaluating cash-flow projections. The module provides insight into financial reports and analysis of the financial position and the operating results of business organizations, including several techniques such as common sizing, trend analysis and ratio analysis, which are useful to analyze a company. Accounting principles of GAAP and IFRS are compared and contrasted. The module also reveals financial and business concepts behind making investment decisions, financial projections and valuation of companies.