Finance
This is an archived copy of the 2020-2021 catalog. To access the most recent version of the catalog, please visit https://hctcatalog.hct.ac.ae.
Admission to Program
Admission to the program is explained in the HCT Admission Policy described in the Academic Policies section of this Catalog.
Program Mission
The Bachelor of Finance program seeks to produce graduates able to function effectively as Finance practitioners and managers. Graduates will have the skills, knowledge and ability to explain, analyze and evaluate complex financial processes in local and global contexts, while demonstrating the ability to work independently, or in teams, to think critically, solve problems, make recommendations for improvements, and use a range of financial tools.
Program Description
The Bachelor of Finance program provides students with the knowledge and skills needed to work as competent finance professionals. Successful completion of the program will enable graduates to work in a variety of public and private sector organizations. The program places emphasis on both theoretical and applied aspects of finance practitioner work, with students exposed to contemporary finance tools and techniques.
The program offers two distinct concentrations –
Investments and Islamic Finance:
For the Investments concentration, students take – FIN 4023, FIN 4033, FIN 4113, FIN 4123 and FIN 4173 elective courses.
For the Islamic Finance concentration, students take – FIN 4023, FIN 4053, FIN 4143, FIN 4153 and FIN 4163 elective courses.
Upon the successful completion of 117 credits, students may commence their Research Project (FIN 4203).
Students will have the option to graduate with a Higher Diploma in Finance upon the successful completion of 102 credits inclusive of the two internship courses.
Program Goals
To develop graduates who possess the
- Current knowledge and understanding of key areas of the Finance field, their interrelationship and application.
- Ability to use the Finance tools, think critically, and conduct applied research.
- Necessary key success skills in business.
- In depth knowledge of the Finance field and its interrelationship and application across business environments.
Program Learning Outcomes
Degree Level
Students will be able to…
- Demonstrate knowledge of functional business areas.
- Utilize tools to solve problems in Finance.
- Conduct research and evaluate arguments, concepts, and data in Finance.
- Demonstrate self-development and the ability to work independently and in teams.
- Apply ethical principles to decisions in global and local contexts, including issues related to sustainability and societal responsibility.
- Utilize effective oral and written Arabic and English communication in business.
- Apply business principles utilizing technology to various real-world situations.
Higher Diploma Exit
Students will be able to…
- Demonstrate knowledge of Finance principles, concepts and tools.
- Use appropriate tools to solve problems in Finance contexts.
- Conduct research and examine arguments, concepts, and data to assess issues in Finance.
- Demonstrate self-development and the ability to work independently and in teams.
- Make ethical decisions in global and local Finance contexts, including issues related to sustainability and societal responsibility.
- Effectively communicate in Arabic and English in both oral and written forms in business contexts.
Completion Requirements
Bachelor of Finance
Students must successfully complete a minimum of 132 credits, including:
Code | Title | Credit Hours |
---|---|---|
Business Core Courses | 54 | |
Finance Core Courses | 30 | |
Finance Elective Courses | 15 | |
General Studies | 33 | |
Total Credit Hours | 132 |
Higher Diploma in Finance Exit Option
Students must successfully complete a minimum of 102 credits, including:
Code | Title | Credit Hours |
---|---|---|
Business Core Courses | 54 | |
Finance Courses | 18 | |
General Studies | 30 | |
Total Credit Hours | 102 |
Code | Title | Credit Hours |
---|---|---|
Business Core Courses | ||
Required Credits: 54 | ||
ACC 1003 | Fundamentals of Financial Accounting | 3 |
ACC 1103 | Managerial Accounting | 3 |
BIS 3003 | Business Information Systems | 3 |
ECO 1003 | Microeconomics | 3 |
ECO 1103 | Macroeconomics | 3 |
FIN 2003 | Financial Management | 3 |
INT 2156 | Business Internship I | 6 |
INT 3156 | Business Internship II | 6 |
LAW 3103 | Business and Commercial Law | 3 |
MGT 1003 | Principles of Management | 3 |
MGT 2103 | Organizational Behaviour | 3 |
MGT 3003 | Business Ethics and Corporate Governance | 3 |
MGT 3103 | Business Simulation and Project Management | 3 |
MRK 1103 | Principles of Marketing | 3 |
OPM 2103 | Operations Management | 3 |
STS 2003 | Business Statistics | 3 |
Finance Core Courses | ||
Required Credits: 30 | ||
FIN 2013 | Money and Banking | 3 |
FIN 2103 | Quantitative Methods | 3 |
FIN 3003 | Corporate Finance | 3 |
FIN 3013 | Financial Assets and Markets | 3 |
FIN 3103 | Ethics, Sharia Law and Professional Qualifications | 3 |
FIN 3113 | Insurance | 3 |
FIN 4003 | Bank Management | 3 |
FIN 4013 | Islamic Banking and Islamic Financial Markets | 3 |
FIN 4103 | Entrepreneurial Finance | 3 |
FIN 4203 | Finance Research Project | 3 |
Finance Elective Courses | ||
(For Students not pursuing a Concentration) | ||
Required Credits: 15 | ||
FIN 4023 | Real Estate Finance | 3 |
FIN 4033 | International Finance | 3 |
FIN 4053 | Islamic Economics | 3 |
FIN 4113 | Investments and Derivatives | 3 |
FIN 4123 | Fixed Income Securities | 3 |
FIN 4143 | Islamic Financial Planning | 3 |
FIN 4153 | Islamic Accounting | 3 |
FIN 4163 | Risk Management of Islamic Financial Institutions | 3 |
FIN 4173 | Applied Investment Management | 3 |
General Studies | ||
Required Credits: 33 | ||
English, Arabic or other Languages | ||
Required Credits: 12 | ||
Humanities or Arts | ||
Required Credits: 3 | ||
Information Technology or Mathematics | ||
Required Credits: 6 | ||
The Natural Sciences | ||
Required Credits: 3 | ||
The Social or Behavioral Sciences | ||
Required Credits: 9 |
Concentrations
Concentration Name: Investments Concentration
Total Credit Hours: 15
Concentration Curriculum:
Code | Title | Credit Hours |
---|---|---|
FIN 4023 | Real Estate Finance | 3 |
FIN 4033 | International Finance | 3 |
FIN 4113 | Investments and Derivatives | 3 |
FIN 4123 | Fixed Income Securities | 3 |
FIN 4173 | Applied Investment Management | 3 |
Concentration Code: INV |
Concentration Electives:
Concentration Name: Islamic Finance Concentration
Total Credit Hours: 15
Concentration Curriculum:
Code | Title | Credit Hours |
---|---|---|
FIN 4023 | Real Estate Finance | 3 |
FIN 4053 | Islamic Economics | 3 |
FIN 4143 | Islamic Financial Planning | 3 |
FIN 4153 | Islamic Accounting | 3 |
FIN 4163 | Risk Management of Islamic Financial Institutions | 3 |
Concentration Code: ISF |
Concentration Electives:
Description | Data |
---|---|
Total Required Credits | 132 |
Maximum Duration of Study | 6 years |
Minimum Duration of Study | 4 years |
Cost Recovery Program | No |
Program Code | BUFIN |
Major Code | FIN |
Recommended Sequence of Study
Year 1 | ||
---|---|---|
Semester 1 | Credit Hours | |
ACC 1003 | Fundamentals of Financial Accounting | 3 |
ECO 1003 | Microeconomics | 3 |
LSM 1003 | Applied Mathematics | 3 |
LSS 1003 | Life and Future Skills | 3 |
MGT 1003 | Principles of Management | 3 |
Credit Hours | 15 | |
Semester 2 | ||
ACC 1103 | Managerial Accounting | 3 |
ECO 1103 | Macroeconomics | 3 |
LSC 1103 | Professional Communication and Reporting | 3 |
LSS 1123 | Basic Research Methods | 3 |
MRK 1103 | Principles of Marketing | 3 |
Credit Hours | 15 | |
Year 2 | ||
Semester 3 | ||
BUS 2403 | Innovation and Entrepreneurship | 3 |
FIN 2003 | Financial Management | 3 |
FIN 2013 | Money and Banking | 3 |
ICT 2013 | Computational Thinking and Coding | 3 |
STS 2003 | Business Statistics | 3 |
Credit Hours | 15 | |
Semester 4 | ||
AES 1003 | Emirati Studies | 3 |
FIN 2103 | Quantitative Methods | 3 |
MGT 2103 | Organizational Behaviour | 3 |
LSN 1113 | Introduction to Sustainability | 3 |
OPM 2103 | Operations Management | 3 |
Credit Hours | 15 | |
Summer | ||
INT 2156 | Business Internship I | 6 |
Credit Hours | 6 | |
Year 3 | ||
Semester 5 | ||
BIS 3003 | Business Information Systems | 3 |
FIN 3003 | Corporate Finance | 3 |
FIN 3013 | Financial Assets and Markets | 3 |
LSC 2223 | Future Skills Capstone | 3 |
MGT 3003 | Business Ethics and Corporate Governance | 3 |
Credit Hours | 15 | |
Semester 6 | ||
AES 1013 | Arabic Communications I | 3 |
FIN 3103 | Ethics, Sharia Law and Professional Qualifications | 3 |
FIN 3113 | Insurance | 3 |
LAW 3103 | Business and Commercial Law | 3 |
MGT 3103 | Business Simulation and Project Management | 3 |
Credit Hours | 15 | |
Summer | ||
INT 3156 | Business Internship II | 6 |
Higher Diploma in Finance Exit | ||
Credit Hours | 6 | |
Year 4 | ||
Semester 7 | ||
AES 1033 | Islamic Culture | 3 |
FIN 4003 | Bank Management | 3 |
FIN 4013 | Islamic Banking and Islamic Financial Markets | 3 |
2 Elective Courses | 6 | |
Credit Hours | 15 | |
Semester 8 | ||
FIN 4103 | Entrepreneurial Finance | 3 |
FIN 4203 | Finance Research Project | 3 |
3 Elective Courses | 9 | |
Credit Hours | 15 | |
Total Credit Hours | 132 |
Abdelghani Echchabi, Ph.D., International Islamic University – Malaysia, Finance
Abderazak Bakhouche, Ph.D., University of Wales – United Kingdom, Banking & Finance
Abdulmenaf Sejdini, Ph.D., University of Tirana- Albania, Finance
Alimamy Kamara, Ph.D., University of North Carolina – United States of America, Economics/Finance
Anil Chandrasekaran, Ph.D., University of Madras – India, Finance / Economics
Basel Natsheh, Ph.D., Aix-Marseille University – France, Finance
Deni Memic, Doctor of Economics, University Sarajevo School of Science and Technology - Bosnia & Herzegovina, Finance / Economics
Edward McAlvanah, Master of Business Administration, RMIT University – Australia, Finance
Eliyadurage Kumarajeeva, Master of Business Administration, American University - United States of America, Finance
Fatima Al-jneibi, Masters – Management, New York Institute of Tech - United States of America, Finance
Florida Veljanoska, Ph.D., Ss. Cyril and Methodius University of Skopje – Romania, Finance / Economics
Gerasimos Lianos, Ph.D., Universidad Carlos III de Madrid – Spain, Finance / Economics
Habib Ouni, Ph.D., University of Bordeaux IV – France, Finance / Economics
Hajer Zarrouk, Ph.D., Université de Tunis - El Manar/Tunisia, Finance / Economics
Hasan Mustafa, Ph.D., University of Gottingen – Germany, Economics / Finance
Haya Al Shawwa, Ph.D., University of Ferrara – Italy, Economics / Finance
Inoussa Boubacar, Ph.D., University of Nebraska – United States of America, Economics
Intesar Haidara, Executive MBA, Higher Colleges of Technology - United Arab Emirates, Finance
Jainambu Abbas, Masters – Commerce, University of Madras – India, Finance / Commerce
Kavita Shah, Ph.D., JJ Tibrewala University – India, Finance / Commerce
Kwame Owusu, Ph.D., Jackson State University – United States of America, Finance / Economics
Linda Daniel, Ph.D., Alagappa University – India, Finance
Mariam Al Dhaheri, Doctor of Business Administration, United Arab Emirates University – UAE, Finance
Marilou Fernandez, Master of Business Administration, University of the Philippines,Philippines, Finance
Meera Albeshr, Master of Management, Zayed University – United Arab Emirates, Finance / International Business
Mohamed Boulkeroua, Ph.D., The University of Manchester – United Kingdom, Finance / Accounting
Mohammad Al Shiab, Ph.D., University of Newcastle upon Tyne - United Kingdom, Finance
Muhammad Lakhani, Doctorate in Education, University of Southern California – United States of America, Finance / Organization and Leadership
Nadia Bensedrine Goucha, Ph.D., University Paris I Panthéon-Sorbonne – France, Finance / Economics
Nana Osei-Bonsu, Ph.D., Aalto University School of Economics – Finland, Finance / Economics
Pervez Akhtar, Ph.D., SGH Warsaw School of Economics – Poland, Finance / Management
Randa El Chaar, Masters of Money and Banking, American University of Beirut – Lebanon, Finance / Money and Banking
Reji Nair, Ph.D., University of Kerala – India., Finance / Economics
Sami Al Ajlani, Ph.D., Arab Academy-Banking & Finance School – Jordan, Finance
Shaima'a Al Hijawi, Master of Business Administration, Arab Academy for Science & Technology – Egypt, Finance / Management Information Systems
Shazia Shah, Masters - International Banking & Finance, University of Birmingham - United Kingdom, Finance
Shibeshi Kahsay, Ph.D., McGill University – Canada, Finance / Economics
Shirley Leopereira, Ph.D., Dr. Bhim Rao Ambedkar University – India, Finance / Economics / Accounting
Sitalakshmi Ramanan, Ph.D., Devi Ahliya Vishwavidyalaya – India, Finance / Management
Sonia Abdennadher, Ph.D., University of Paris-Sud – France, Finance
Viatcheslav Liachenko, Master of Science, Manchester Metropolitan University – United Kingdom, Finance / Non Profit Management
Welcome Sibanda, Ph.D., Cass Business School, London, United Kingdom, Finance
Wiktor Patena, Ph.D., Vistula University – Poland, Finance / Economics
Zakaria Boulanouar, Ph.D., University of Waikato, New Zealand, Finance / Economics