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Course Contents

/Course Contents
Course Contents2018-02-22T16:26:36+00:00

BAF 101 Fundamentals of Banking

 

The main objective of this course is to provide the students a comprehensive grasp of the basic concepts of money, credit and banking. It aims to equip the students with a general understanding of the evolution, structure of different types and services of banking institutions and their roles in the working of the financial system.

 

 

BAF 102 Graphical Analysis

 

This course is designed to build a basic background for the students in working with graphs which will provide a basis to support other courses provided by the program during the upcoming semesters through concentrating on topics as, histograms, charts and trends , plotting, interpreting and analyzing linear and quadratic models including basic curves, gradients, simultaneous equations and linear inequalities, types of functions and their linkage with financial data.

 

 

BAF 201 Financial Mathematics

 

This course provides the students a detailed examination of time value of money, present and future value calculations, valuation of annuities, perpetuities, bonds and stocks as well as net present value. Amortization, simple interest, compound interest, effective annual rate, real interest rates and cash flows are among the important topics that will be highly practiced.

 

 

BAF 203 Banking Transactions

 

This course covers banking transactions providing an introduction to the main operations of a bank including bank services and products, types of customers, operating accounts, lending and securities. Topics include: savings and investment accounts, current accounts, lending facilities, money transmission and payment services, share dealing services and advice, investment advice and portfolio management as well as safe custody services.

 

 

BAF 204 Corporate Finance

 

This course is designed to build a comprehensive overview corporate finance. Through introducing the main core subjects of corporate finance which will be examined in detail during the upcoming department courses, the main aim of this course is to provide the students the general framework and the required background for most of the other courses. For this purpose, it provides the students a detailed examination of project valuation and cost of capital, leverage and capital structure theories, minimum variance portfolio, asset pricing models, market efficiency, dividend theories and policies as well as asymmetric information and signalling theory, and the notion of financial derivatives along with a brief overview of financial planning, analysis and working capital management.

 

BAF 206 Computer Applications in Finance

 

This course is designed to build a basic background for the students in computer coding. Basic features of excel and operations related to financial products with excel are introduced. Pricing, random number generation, plotting graphs and histograms with excel will be taken into consideration.

 

 

BAF 301 Financial Markets and Instruments I

 

As financial system becomes more globalized and intertwined, it is getting more important to comprehend financial markets, institutions and instruments in advance. This course is of particular relevance to students of Banking and Finance Department who are interested in a career in the financial sector. It is intended to offer a general introduction to the most fundamental concepts and principles for the financial system and then go into details for the financial markets, institutions and instruments.

 

 

BAF 302 Financial Markets and Instruments II

 

This course focuses on alternative financing instruments such as factoring, forfaiting and leasing, including the types, parties, processes, procedures and related regulations comparatively. A detailed discussion on venture capital, housing finance and contemporary issues will also be provided.

 

 

BAF 303 Money, Banking and Credits

 

This course concentrates on the mechanism of credits, interests and types of banking. These subjects are as follows; credit, interest and foreign exchange risk and risk management in banking system, balance sheets of the banks and the mechanism of creating money of the banks, the role of people and banks and the central bank on the mechanism of defining money supply, instruments of monetary policies of the central bank, the money and the financial systems, interest rates and the prices of the bonds, the structure of maturity of the interest rates, expanding the deposits and money supply, credit policies, crediting process, the structure of interest and maturity of the credits, commercial banking, individual banking, corporate banking and international banking.

 

 

BAF 304 Banking Accounting-T

 

This course covers fundamental concepts of accounting, Accounting Principles  commonly accepted, business accounting, Balance sheet and income statement, financial transactions and their entries on balance sheet, documents of accounting entries, the process of accounting, active and passive accounts, characteristics of bank accounting, Banking uniform chart of accounts,The differences of bank accounting from the other accounting systems, Accounting of banking transactions by classifying, accounting of deposits and credits, Accounting of remittances, letter of credits, foreign exchange and insurance transactions.

 

 

BAF 305 Portfolio Analysis

 

This course mainly concentrates on portfolios made with assets and derivatives written on them. Formation of portfolios, pricing techniques of derivatives, basic and advanced portfolio strategies will extensively be analyzed. In that regard, students will be introduced to binomial model, Black-Scholes formula, Greeks, forwards and futures and derivatives written on derivatives.

 

 

BAF 306 Financial Statement Analysis

 

This course will provide the students with a means for making comparison of a firm’s financial data over time and with other firms in the industry through focusing on ratio analysis and how they are used and interpreted. Free cash flow generation, profitability, operating efficiency, the impact of leverage on business risk and return on equity are among the major concerns.

 

 

BAF 308 Finance Laboratory

 

The course is designed to introduce students to Bloomberg and Foreks as leading financial software. The course will explain the terminals’ functionalities, capabilities, and importance to students who are interested in a career in the Financial Services industry

 

 

BAF 309 Financial Econometrics I

 

The course will introduce undergraduate students to the main theoretical frameworks employed in research financial econometrics and discuss the empirical evidence on these theories. We will review the  Maximum Likelihood Estimation, Univariate Time Series and Applications to Finance, Modelling Volatility – Conditional Heteroscedastic Models, Modelling Volatility and Correlations – Multivariate GARCH Models, Vector Autoregressive Models, Limited Dependent Variable Models.

 

 

BAF 310 Financial Econometrics II

 

This course aims to introduce econometric techniques and models relevant to finance. The course’s focus is on application of econometric techniques to key models in finance in order to enhance understanding and the use of such models. Throughout the delivery, learning of the theory is reinforced by students learning to use specialist software and application to financial data.

 

 

BAF 401 Technical Analysis

 

This course covers the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends. For this purpose, it provides a detailed discussion on the tools and the technics used in technical analysis. It is designed to equip the students with the trading methods and applications. Major topics include Dow Theory, chart construction and trends, major reversal patterns, continuation patterns, volume spread analysis, moving averages, oscillators, candlesticks, Elliott Wave Theory, time cycles etc.

 

 

BAF 402 International Finance

 

The course is designed to provide an understanding of the international monetary system, the internationalization process, foreign exchange rates and forex markets as well as the balance of payments. Theories and empiricism on exchange rate movements will also be discussed. Additionally foreign exchange risk and exposure management along with interest rate risk and interest rate risk management will also be investigated.

 

 

BAF 403 Working Capital Management

 

Management of the liquid assets of the firm, which comprise a substantial portion of total assets has become more significant because of the increasing range of management techniques and technologies.

 

This course is designed as a high-level undergraduate finance course in working capital management. It covers in-depth the concepts of managing working capital, corporate cash management, forecasting and planning short-term investment and financing, and various aspects of corporate working capital functions.

 

 

BAF 405 Capital Budgeting

 

Capital budgeting and financing decisions are primarily concerned with the major financial decisions faced by firms. These decisions can be broadly categorized as the investment policy, the financing policy, the dividend/repurchase policy, and the restructuring policy. This course will examine the main theories and empirical evidence surrounding these decisions and to use this knowledge to help solve typical ‘real’ finance problems

 

 

BAF 408 Current Issues in Financial Markets

 

The course is mainly based on the discussions of the current issues in financial markets and is designed to build an ability to interpret the monetary policy issues, financial and economic indicators, to evaluate their effects on the financial markets and on the value of financial assets as well as to follow the current developments in the global financial markets. Accordingly, it will provide the students an ability to better predict the future opportunities and threats. In this context, this course will basically cover the classroom discussions of the news in the printed and visual press along with the expectations for the capital markets.

 

 

BAF 411 Multinational Financial Management

 

The course is designed to provide an understanding of the adjustments to cost of capital and projected cash flows reflecting the unique nature of international opportunities as well as the multinational working capital management, capital structure and debt policy issues. The foreign exchange markets and currency derivatives will also be examined with special emphasis on managing foreign exchange exposure.

 

 

BAF 412 Firm Valuation

 

The course mainly covers the measurement and management of firm value. It is designed to provide an understanding of the main factors that have a strong effect on firm value and an expertise in firm valuation methods with special emphasis on income approaches to business valuation, asset approaches to business valuation as well as valuation based on market comparables and EVA. Besides, valuation procedures and steps, discount rate in terms of business valuation and its determination, substance and liquidation value, valuing synergies resulted from mergers and valuation of firms with several activities will also be discussed

 

 

BAF 413 Market Indicators and Signals

 

The course is designed to provide an understanding of the adjustments to cost of capital and projected cash flows reflecting the unique nature of international opportunities as well as the multinational working capital management, capital structure and debt policy issues. The foreign exchange markets and currency derivatives will also be examined with special emphasis on managing foreign exchange exposure.

 

 

BAF 415 Banking Law-T

 

The course not only covers the main theories of financial crises, their applications to various aspects of the financial systems, the nature, the causes and the consequences of financial crises but also provides a review of major financial crises of the last century with special focus on the banking crises, currency crises and sovereign debt crises and searches for answers to such questions as why financial crises occur, how costly they are to the economies in question, and what policies can be undertaken to make them occur less frequently.

 

 

 

BAF 417 Principles and Practice of Insurance

 

In this course, students are introduced to risk and shown how insurance deals with it. Students study the basic concepts and language of insurance; the legal context of insurance; and the participants in the industry and their relationship to each other. Specific types of insurance are not discussed. The principles the students learn here underlie every situation student will encounter in insurance and every policy and course the student will study.

 

 

BAF 421 Asset-Liability Management

 

This course will focus on the financial management and regulation of financial institutions, with a primary focus on banks, especially depository ones. Students should be able to comprehend the various forms of risks faced by intermediaries and the trade-offs required in order to balance risks and returns. The focus will be on the modern techniques of asset, liability and risk management, with an emphasis on the regulatory issues of capital adequacy, and risk-shifting as they affect the safety and soundness of the financial system

 

 

BAF 430 Independent Research

 

In this course students are expected to research a selected topic of their interest under the consultancy of a faculty member. So they are expected to select a topic to investigate and take the consent of a faculty member, undertake the necessary survey of both theoretical and empirical literature, organize and write a report/paper and present it.