Finance

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 five out of the following – FIN 4023, FIN 4033, FIN 4113, FIN 4123 and FIN 4133, FIN 4173 and FIN 4183 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 are eligible for a one year Work Experiential Learning experience during their study.

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

  1. Demonstrate knowledge of functional business areas.
  2. Utilize tools to solve problems in Finance.
  3. Conduct research and evaluate arguments, concepts, and data in Finance.
  4. Demonstrate self-development and the ability to work independently and in teams.
  5. Apply ethical principles to decisions in global and local contexts, including issues related to sustainability and societal responsibility.
  6. Utilize effective oral and written Arabic and English communication in business.
  7. Apply business principles utilizing technology to various real-world situations.

Completion Requirements 

Bachelor of Finance

Students must successfully complete a minimum of 132 credits, including:

Business Core Courses54
Finance Core Courses30
Finance Elective Courses15
General Studies33
Total Credit Hours132
Business Core Courses
Required Credits: 54
ACC 1003Fundamentals of Financial Accounting3
ACC 1103Managerial Accounting3
BIS 3003Business Information Systems3
ECO 1003Microeconomics3
ECO 1103Macroeconomics3
FIN 2003Financial Management3
INT 2156Business Internship I6
INT 3156Business Internship II6
LAW 3103Business and Commercial Law3
MGT 1003Principles of Management3
MGT 2103Organizational Behaviour3
MGT 3003Business Ethics and Corporate Governance3
MGT 3103Business Simulation and Project Management3
MRK 1103Principles of Marketing3
OPM 2103Operations Management3
STS 2003Business Statistics3
Finance Core Courses
Required Credits: 30
FIN 2013Money and Banking3
FIN 2103Quantitative Methods3
FIN 3003Corporate Finance3
FIN 3013Financial Assets and Markets3
FIN 3103Ethics, Sharia Law and Professional Qualifications3
FIN 3113Insurance3
FIN 4003Bank Management3
FIN 4013Islamic Banking and Islamic Financial Markets3
FIN 4103Entrepreneurial Finance3
FIN 4203Finance Research Project3
Finance Elective Courses
(For Students not pursuing a Concentration)
Required Credits: 15
FIN 4023Real Estate Finance3
FIN 4033International Finance3
FIN 4053Islamic Economics3
FIN 4113Investments and Derivatives3
FIN 4123Fixed Income Securities3
FIN 4133Behavioural Finance3
FIN 4143Islamic Financial Planning3
FIN 4153Islamic Accounting3
FIN 4163Risk Management of Islamic Financial Institutions3
FIN 4173Applied Investment Management3
FIN 4183Sustainable Finance3
General Studies
Required Credits: 33
English, Arabic or other Languages
Required Credits: 12
AES 1013Arabic Communications3
AES 1033Islamic Culture3
LSC 1103Professional Communication and Reporting3
LSC 2193Applied Skills Capstone3
Humanities or Arts
Required Credits: 3
AES 1003Emirati Studies3
Information Technology or Mathematics
Required Credits: 6
ICT 2013Computational Thinking and Coding3
LSM 1003Applied Mathematics3
The Natural Sciences
Required Credits: 3
LSN 1113Introduction to Sustainability3
The Social or Behavioral Sciences
Required Credits: 9
BUS 2403Innovation and Entrepreneurship3
LSS 1003Life and Future Skills3
LSS 1123Basic Research Methods3

Concentrations


Concentration Name: Investments Concentration
Total Credit Hours: 15
Concentration Curriculum:
FIN 4023Real Estate Finance3
FIN 4033International Finance3
FIN 4113Investments and Derivatives3
FIN 4123Fixed Income Securities3
FIN 4133Behavioural Finance3
FIN 4173Applied Investment Management3
Concentration Code: INV


Concentration Name: Islamic Finance Concentration
Total Credit Hours: 15
Concentration Curriculum:
FIN 4023Real Estate Finance3
FIN 4053Islamic Economics3
FIN 4143Islamic Financial Planning3
FIN 4153Islamic Accounting3
FIN 4163Risk Management of Islamic Financial Institutions3
Concentration Code: ISF

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


Plan of Study Grid
Year 1
Semester 1Credit 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 Hours15
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 Hours15
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 Hours15
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 Hours15
Summer
INT 2156 Business Internship I 6
 Credit Hours6
Year 3
Semester 5
BIS 3003 Business Information Systems 3
FIN 3003 Corporate Finance 3
FIN 3013 Financial Assets and Markets 3
MGT 3003 Business Ethics and Corporate Governance 3
LSC 2193 Applied Skills Capstone 3
 Credit Hours15
Semester 6
AES 1013 Arabic Communications 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 Hours15
Summer
INT 3156 Business Internship II 6
 Credit Hours6
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 Hours15
Semester 8
FIN 4103 Entrepreneurial Finance 3
FIN 4203 Finance Research Project 3
3 Elective Courses 9
 Credit Hours15
 Total Credit Hours132

Abdelghani  Echchabi, PhD (Business Administration), International Islamic University, Malaysia 

Abderazak Bakhouche, PhD (Economics), The University of Wales, UK 

Abdulmenaf Sejdini, PhD (Economics), University of Tirana, Albania 

Amal Hazeem Saeed Hazeem Al Masafri, PhD (Business Management), British University in Dubai, UAE 

Anissa Naouar, PhD (Financial Economics), Universite Paris X Nanterre, France

Basel Natsheh, PhD (Economics), Aix-Marseille University, France 

Deni Memic CFA, PhD (Finance), University of Sarajevo, Bosnia and Herzegovina 

Doaa Badawy, PhD (Economics), Suez Canal University, Egypt 

Eddy Gunawan, PhD (Business & Economics), University of Durham, UK

Elhachemi Hacine Gherbi, PhD (Islamic Banking), Universiti Utara Malaysia, Malaysia

Eliyadurage Kumarajeeva, Masters (Business Administration), The University of Kansas, USA 

Florida Veljanoska, PhD (Economics), Ss. Cyril and Methodius University in Skopje, North Macedonia

Gerasimos Lianos, PhD (Economics), University Carlos III de Madrid, Spain 

Habib Ouni, PhD (Economics), University of Bordeaux IV, France 

Hajer Zarrouk, PhD (Economics), Université de Tunis - El Manar, Tunisia 

Hasan Mustafa, PhD (Economics), University of Gottingen, Germany 

Hussain Ali Hayder Mohamed Alshaikh Jaafar Alnumairy, Masters (Criminology & Criminal Justice), Griffith University, Australia 

Juan Dempere, PhD (Business Administration), Florida Atlantic University, USA 

Linda Daniel, PhD (Banking), Alagappa University, India 

Mariam Al Dhaheri, DBA (Business Administration), UAE University, UAE 

Meera Albeshr, Masters (International Business), Zayed University, UAE 

Mohamed Boulkeroua, PhD (Accounting & Finance), The University of Manchester, UK 

Muntasir Mamun Iqbal, Masters (Economics and Finance), Pompeu Fabra University, Spain

Muhammad Lakhani, EdD (Organization and Leadership), Univ. of Southern California, USA 

Nadia Bensedrine Goucha, PhD (Economics), University Paris I Panthéon-Sorbonne, France 

Rachid Moustaquim, PhD (Business Administration), University of Quebec in Montreal, Canada 

Randa El Chaar, Masters (Money and Banking), American University of Beirut, Lebanon 

Sami Al Ajlani, PhD (Financial Management), Arab Academy-Banking & Finance Science, Jordan 

Shazia Shah, MBA (International Banking &Finance), University of Birmingham, UK 

Shibeshi Kahsay, PhD (Economics), McGill University, Canada 

Sitalakshmi Ramanan, PhD (Management), Devi Ahliya Vishwavidyalaya, India 

Sonia Abdennadher, PhD (Management Science), University of Paris-Sud, France 

Suhaib Anagreh, PhD ( Banking), Bangor Univeristy, United Kingdom

Welcome Sibanda, PhD (Finance), City University, UK