Finance

The Finance program aims to develop finance professionals with the highest integrity and ethics by providing opportunities for life-long learning and research skills of a global nature and following contemporary financial best practices.

With the development of Saudi Arabian economics, financial positions face growing demand for qualified finance officers. Backgrounds in international/domestic finance, risk management, investment, derivatives, and financial innovations make it easier to find positions. The finance major qualifies YU students to their specific career goals and interests. In a competitive job market, students with strong academic skills, campus involvement, internships and connections with professional associations will have the right way for a successful career.

Finance discipline is a dynamic career needing marketable skills and knowledge. With the increase in investment in Saudi Arabia, there is a high demand for skilled finance officers in most of the Saudi Arabian regions. The finance degree will enable the graduates to work in finance discipline in a professional way and matching the international standards. The finance program is designed to fulfill the requirements for international professional certificates, such as CFAs, CMEs, and others. As well, the program serves as a stepping stone for students who wish to continue their higher education studies in Finance or related fields.

Also, it is observed that the number of Saudi female business students is growing at a very fast pace. The Finance major is needed to provide the necessary education and skills to the growing demand of the female population as well, given the increased role of women in the national economy.

COURSE CODE COURSE TITLE CREDIT HOURS PREREQUISITE
FIN 411 Derivative Securities 3 FIN 311
FIN 418 International Finance 3 FIN 411
FIN 311 Investments 3 FIN 202
FIN 415 Corporate Finance 3 FIN 312
FIN 312 Financial Management using Excel 3 FIN 202
COURSE CODE COURSE TITLE CREDIT HOURS PREREQUISITE
FIN 313 Financial Institutions and Markets 3 FIN 202
FIN 324 Real Estate Fin. and Investments 3 FIN 311
FIN 410 Fin. Statement Analysis 3 FIN 312
FIN 315 Public Finance 3 ECO 202
FIN 416 Merger and Acquisition 3 FIN 312
FIN 417 Islamic Finance 3 FIN 202
FIN 414 Portfolio Management 3 FIN 311

FIN 311: This course is designed to teach you the investment process.  In particular, you should leave this class understanding the components used to put together a portfolio.  This requires you to understand different types of securities (bonds, stocks, mutual funds, derivatives) and how they are combined to form a portfolio.  In addition, there is background information which is necessary to understand.  This information includes topics such as types of markets, how to place orders, and what stock indexes represent. Prerequisite: FIN 202

FIN 312: The course deals with financial analysis and management by applying Excel programs in finance. This course builds on and reinforces concepts that students were introduced to in previous finance courses by concentrating on quantitative techniques and financial theory applying Excel. Among the topics that will be covered are time value of money, fixed income securities, cost of capital, capital budgeting, valuation, capital structure theory, dividend policy, financial planning and forecasting, and others applying Excel. Prerequisite: FIN 202

FIN 313: The course provides a detailed overview of various financial markets by focusing on different financial instruments and market participants trading them. We will explore both traditional and alternative investments from the perspective of investors, and to a lesser degree from a perspective of financial intermediaries and the issuers of financial securities. The course also covers such topics as central banking and financial regulation, behavioral finance and market inefficiencies, and history of financial markets. Prerequisite: FIN 202

FIN 315: This course examines the role of Government in the economy; taxation (both direct and indirect) and its impact on the economy; the theory of public sector pricing and production; the design of public policy and the scope and limitations of public economic policy. We evaluate alternative methods of financing government spending by focusing on criteria such as efficiency in resource use (including incentives to work, invest and save) and equity in the distribution of the burden of government taxes. Prerequisite: ECO 202

FIN 324: The purpose of the course is to gain an understanding of the economic forces that drive real estate value in the market. Techniques of real estate valuation, market analysis, legal and political analysis, and highest and best use analysis; in-depth exposure to the three approaches to valuation; market comparison, income, and cost; the role of valuation in real estate investment; government regulation of appraisers. Prerequisite: FIN 311

FIN 410: This course is aimed at all students who expect at some point in their careers to use financial statements to evaluate the performance, prospects, and value of a business. This includes equity analysts who issue buy and sell recommendations on stocks, corporate financial analysts, private equity analysis and personal investing. Issues discussed are of interest to students contemplating careers in investment banking, security analysis, consulting, public accounting, and corporate finance. Prerequisite: FIN 312

FIN 411: This course presents and analyzes financial derivatives. These instruments have become extremely popular investment tools over the past 30 years as they allow one to tailor the amount and kind of risk one takes. The course defines the main kind of derivatives, shows how they are used to achieve various hedging and speculating objectives, introduces a framework for pricing derivatives, and studies several applications. Prerequisite: FIN 311

FIN 414: This course will help you to understand investment management knowledge and skill and apply them in the financial markets. It aims at providing an in-depth knowledge of the theory and practice of portfolio management. Important theories, techniques, regulations and certain advancements in theory of investment will be covered with an aim of helping the participants make sound investment decisions in the context of portfolio investment. Prerequisite: FIN 311

FIN 415: The course develops a theoretical framework for understanding and analyzing major financial problems of modern companies in the market environment. The course covers basic models of corporate capital valuation, including pricing models for primary financial assets, real assets valuation and investment projects analysis, capital structure and financial leverage, dividend policy and short-term and long-term financial planning. Prerequisite: FIN 312

FIN 416: The key purpose of this course to enable students to develop an understanding of corporate development via Mergers and Acquisitions (M&A). The subject will examine an array of topics, from strategy development, acquisition criteria, deal sources, acquisition pricing, synergy identification, to risk management, and takeover defenses. This unit aims to provide students with an understanding of why M&A is used, the benefits and dangers of pursuing growth via M&A, and the challenges faced. Prerequisite: FIN 312

FIN 417: This course is designed to teach students about Islamic Banking & Finance. This sector has established a strong and rigid presence in Muslim countries, and ever since the 2008 financial meltdown it has been recognized in the West as a successful alternative to conventional banking and financial systems. This course will explain the origins and the most important concepts of Islamic Finance. It will also expose the students to a wide range of Islamic banking and finance instruments available to players. Prerequisite: FIN 202

FIN 418: This course examines the management of assets and liabilities in a multinational setting. The course examines the special problems encountered by the international financial community. The topics covered in this course include the evaluation and management of foreign exchange risk, evaluation of FX risk within an investment optimization framework, pricing and application of foreign exchange derivatives: swaps, futures and options. Prerequisite: FIN 411