BS in Business Administration (Major in Finance)

Sample Four Year Study Plan

Freshman Year, First Semester
Code Course Title Cr
ENGL 101 Composition 3
ECON 103 Principles of Microeconomics  3
ITEC 103 Fundamentals of Information Technology  3
STAT 100 Statistics 3
UNIV 100 University First-Year Transition 1
Total   13
Freshman Year, Second Semester
Code Course Title Credits
ECON 104 Principle of Macroeconomics 3
ENGL 102 Public Speaking 3
ARAB 101 or
ARAB110
Beginner Level Arabic and Culture for non-Native Learners I
or
Arabic Language and Culture for Native Arabic Speakers I
3
PHIL 100 Critical Thinking and Reasoning  3
UAES 200 Survey of United Arab Emirates Studies 3
Total   15
Sophomore Year, First Semester
Code Course Title Cr
UNIV 200 Innovation and Entrepreneurship 3
GEN ED Any Natural Science Course 3
BACC 204 Principles of Financial Accounting 3
BMIS 301 Introduction to Business Information Systems 3
BOPM 210 Statistical Analysis for Management  3
Total   15
Sophomore Year, Second Semester
Code Course Title Cr
BMGM 301 Principles of Management and Organizational Behavior 3
BMKT 301 Principles of Marketing 3
BACC 205 Principles of Managerial Accounting 3
BFIN 300 Principles of Finance 3
Elective Business Elective 3
Total   15
Junior Year, First Semester
Code Course Title Cr
BBSN 302 Commercial Law 3
BBSN 301 Business Communications 3
BFIN 301 Financial Analysis, Forecasting, and Valuation 3
BFIN 321 Financial Institutions 3
Elective Business Elective 3
Total   15
Junior Year, Second Semester
Code Course Title Cr
BBSN 311 Business Environment in the UAE 3
BBSN 305 Research Methodology 3
BFIN 302 Principles of Risk Management and Insurance 3
BOPM 301 Operations Management 3
Elective Business Elective 3
Total   15
Summer
Code Course Title Cr
BBSN 492 Internship 3
Total   3
Senior Year, First Semester
Code Course Title Cr
BBSN 306 International Business 3
BBSN 498 Strategic Management 3
BFIN 401 Advanced Financial Management 3
BFIN 411 Investment Analysis and Portfolio Management 3
Elective Free Elective 3
Total   15
Senior Year, Second Semester
Code Course Title Cr
BFIN 412 Futures and Option Markets 3
BFIN 421 Money and Capital Markets 3
Elective Free Elective 3
Elective Free Elective 3
Elective Free Elective 3
Total   15
Last updated: Dec 21, 2020 @ 2:23 pm

Our Campus

American University of
Ras Al Khaimah Road,
Ras al Khaimah, UAE
PO Box: 10021

Contact Us

Tel. :  + 971 7 2210 900
Fax :  
+ 971 7 2210 300
Mail:  info@aurak.ac.ae
Admissions:  admissions@aurak.ac.ae

Tel. :  + 971 7 2210 900
Fax :  
+ 971 7 2210 300
Mail:  info@aurak.ac.ae
Admissions:  admissions@aurak.ac.ae

Summer 2021 Registration Hours of Operation

Sun - Thurs : 9:00am to 6:00pm
Friday :
Closed
Saturday:
10:00am to 6:00pm

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ENGL 101 - Composition

Pre-requisite(s): ENGL 099 or passing English Placement Test

English 101 provides students with intensive practice in drafting, revising, and editing expository essays for an academic audience. Using logical, rhetorical, and linguistic structures in their writing, students also develop their ability to think creatively, critically, and independently. Throughout the course, students engage in reading texts, evaluating sources, using their reading to form their own opinions, preparing research papers, and employing the MLA documentation style to avoid plagiarism.

ECON 103 - (GEEC 103) Principles of Microeconomics 

This course introduces learners to microeconomics in the context of current problems. It explores how market mechanism allocates scare resources among competing uses. It uses supply, demand, production, and distribution theory to analyze problems.

ITEC 103 - (SCIT 103) Fundamentals of Information Technology 

The course focuses on the nature and uses of computers with an introduction to word processing, spreadsheets, databases and presentation software and related lab projects and includes computer systems organizations, communications and networking, legal and ethical issues, effective presentation information, computer security and the internet.

UNIV 100 - University First-Year Transition

Students in this course transition to university life by focusing on academic adjustment, by developing decision-making skills, and by learning about services and opportunities for involvement. Although all classes have a core body of knowledge, each class specializes in a particular aspect of university life.

ECON 104 - Principle of Macroeconomics

Pre-requisite(s): ECON 103

This course introduces students to the fundamental principles of macroeconomics in the context of current problems and its application to business decision making and economic policy. Students will be introduced to the economic way of thinking and how key concepts, theories and methods of modern economic analysis can be applied to everyday economic issues and problems. Key areas covered include demand and supply analysis and government policies; consumers, producers and the efficiency of markets; international trade; the national economy; business cycles; inflation; economic growth and stability; unemployment; and monetary and fiscal policy. Particular emphasis is placed on reviewing contemporary economic issues and how economics permeates almost every aspect of business, highlighting economics as the fundamental discipline underpinning the study of most business specializations.

ENGL 102 - Public Speaking

Pre-requisite(s): ENGL 101 (ENGL 100/101)

This course is designed to provide an overview of principles to develop effective presentations for public and professional settings while integrating appropriate technologies. Course content and assignments emphasize audience analysis, effective and coherent composition development, research strategies and skills, and presentation delivery methods to strengthen confidence and credibility.

ARAB 101 Beginner Level Arabic and Culture for non-Native Learners I

Pre-requisite: None

Beginner Level Arabic Language and Culture 1 is the first in a four-course beginner and intermediate Arabic language sequence specifically tailored to the needs of non-native Arabic language students in the English and Mass Communication Programs (though any non-native learner of Arabic may enroll). This course introduces the student to the Arabic alphabet and the basics of reading and writing in Modern Standard Arabic (MSA). Instruction in the language is enriched by reference to cultural themes and visits to sites of cultural importance.

ARAB 110 - Arabic Language and Culture for Native Arabic Speakers I

Pre-requisite(s): ENGL 101

Arabic literature has developed many traditions though originating from a common source. The course is an introduction to representative texts from contemporary Arab writers, and their connections with the traditions of the past. The method is comparative, with a study of literary, political social and religious aspects, as well as the application of a theoretical framework of analysis.

PHIL 100 - Critical Thinking and Reasoning 

This introduction to basic principles of reasoning and critical thinking enhances the learner’s abilities to evaluate various forms of reasoning in everyday life and in academic disciplines. The course explores such topics as inductive and deductive reasoning, the nature and function of definitions, fallacy types, statistic use and misuse, and the rudiments of logic.

UNIV 200 - Innovation and Entrepreneurship (3 Credits)

This course aims at equipping the next generation of leaders in the UAE with an innovative and entrepreneurial mindset and its related core skills. The course combines three main points: design thinking, entrepreneurship, and growth and leadership.

BACC 204 - Principles of Financial Accounting

Pre-requisite: ECON 103

This is an introductory course in financial accounting which incorporates International Financial Reporting Standards (IFRS) and emphasizes the use of accounting information in an ethical manner. Topics covered include: Basic accounting concepts and processes with particular emphasis on double entries; the accounting cycle; transaction analysis; accounting for assets, liabilities, owner’s equity, expenses and revenues recognition, introductory financial statement analysis; an introduction to the preparation of cash flow statements and ethical decision-making.

BMIS 301 - Introduction to Business Information Systems

Pre-requisite(s): Sophomore Standing

This course introduces fundamentals of computer hardware, software, networking, Internet and its technology components. The discussions are centered on the role of technology in contemporary business, and include basic relational storage concepts, with hands-on experience in building business database applications and web sites. The course also features a mini-project.

BOPM 210 - Statistical Analysis for Management 

Pre-requisite(s): C or higher in MATH 108 or MATH 113 Co-requisite(s): MIST 102

The prime objective of this course is to introduce students to statistical techniques necessary for comprehensive description and analysis of business management and economics data with a view to making rational business decisions.

BMGM 301 - Principles of Management and Organizational Behavior

Pre-requisite(s): Sophomore Standing

This course presents essential management and organizational behavior theories and concepts. It examines the nature of managerial work under a range of business models and under rapidly changing business conditions. Managerial functions and activities such as planning, strategizing, organizing, controlling, and directing are examined in depth, and in the context of current organizational practice and scenarios.

BMKT 301 - Principles of Marketing

Pre-requisite(s): ECON 103 and Sophomore Standing

This course examines marketing principles, concepts, strategies, tactics, and analytical tools used by profit and nonprofit organizations to market ideas, products, or services to selected target groups. The course emphasizes how to promote, distribute, and price firm’s offering in dynamic economic, social, political, and international environment.

BACC 205 - Principles of Managerial Accounting

Pre-requisites: ECON 103

This is the first course in cost/managerial accounting. It discusses a range of introductory managerial accounting topics such as cost measurement and terminology, costs systems; analyzing cost-volumeprofit relationships, job order and process costing, operating budgets, standard costing, introduction to capital budgeting and ethical managerial accounting-related decision-making.

BFIN 300 - Principles of Finance

Pre-requisite(s): None

This course provides students with the fundamental principles of finance, in which they should apply this knowledge to achieve their financial objectives in business or investment operations. Students will be introduced to many different types of financial markets and financial intermediaries; how changes in the cost of money affect the value of stocks and bonds; how knowledge of leverage is used in the financial forecasting and control process and why financial planning is critical to firm survival. They also learn what risk and return involved when investing, and know how to compute the risk and return of an investment; and the relevant cash flows that must be forecast to make informed capital budgeting decisions.

BBSN 302 - Commercial Law

Pre-requisite(s): Sophomore Status

This course provides exposure to general legal environment of business, emphasizing government regulatory process, business ethics, and social responsibility. Regulatory topics include torts and crimes, product liability, intellectual property and cyber law, contracts, and issues related to employment and competition. Lecture, discussion, cases.

BBSN 301 - Business Communications

Pre-requisite(s): ENGL 102

This course Introduces fundamentals of business models, and writing as a learning tool. The interrelationships between accounting, finance, information systems, marketing, and operations are the subject of several “learning by writing” deliverables. The course teaches business students effective methods for communicating business-related issues to clients, management and fellow employees.

BFIN 301 - Financial Analysis, Forecasting, and Valuation

Pre-requisite(s): BFIN 300

This course teaches students a range of techniques for analyzing, understanding, and applying financial information in decision-making situations. Topics covered include financial statement analysis, development of financial models, and financial forecasting and valuation.

BFIN 321 - Financial Institutions

Pre-requisite(s): BFIN 300

The course discusses basic objectives of financial institutions, with particular reference to industry structure and regulatory environment. It discusses decision variables that management should concentrate on to achieve objectives. It also reviews the role of financial institutions in allocation of funds in financial markets.

BBSN 311 - Business Environment in the UAE

Pre-requisite(s): ECON 103

This course focuses on the business environment of the United Arab Emirates. The upsurge in business activity in the UAE has generated the need for greater knowledge of the business attributes of this region. This encompasses legal, trade, financial and managerial characteristics of the business environment. The course will provide a comparative treatment of the different Emirates of the UAE, in terms of setting up and operating businesses. The course will offer the student specialized treatment of Free Trade Zones, intra-company cultural diversity, the impact of Emiratisation initiatives and other unique features of the UAE business environment.

BBSN 305 - Research Methodology

Pre-requisite(s): BOPMT 210 and Sophomore

Standing This course provides essential underpinning support for research elements of higher-level business courses. It allows candidates to make informed decisions and appropriate choices pertaining to research methodology. A range of business research tools, approaches and analytical techniques are discussed, and guidance is given on optimal structuring of research work in the business field, and the generation of research proposals.

BFIN 302 - Principles of Risk Management and Insurance

Pre-requisite(s): BFIN 301

The Risk Management and Insurance course provides framework for making risk-related financial decisions for organizations, including optimal choices for insurance products and mechanism.

BOPM 301 - Operations Management

Pre-requisite(s): BOPM 210

The course examines principal aspects of organizational operations in various settings. It emphasizes planning and decision-making activities associated with managing operations, with particular focus on production and service operations. It uses analytical models to describe key operations planning and control activities.

BBSN 492 - Internship

Pre-requisites: 90 Credits and Above

The Internship is designed for candidates on the undergraduate business and accounting programs. It lasts for six weeks (180 hours), and provides exposure to business practices and issues, in appropriate settings. Candidates will typically opt to carry out internship with local UAE-based companies. The internship program is viewed as a "stepping stone" for a career in the field of business. Students will receive orientation, induction and relevant on-the-job training during their internship. The initial induction and orientation takes place at the beginning of the internship, and will serve to introduce the student to real-world business practices, culture and management, and provide them with a knowledge base to draw upon throughout the remainder of the internship.

BBSN 306 - International Business

Pre-requisite(s): ECON 104

This course offers a multi-disciplinary approach to global economic issues from the viewpoint of managing international business. It introduces salient aspects of managing in a globalized environment, including consideration of theoretical concepts. It provides a practical treatment of political-economic aspects of international trade. The course discusses foreign direct investment, global monetary systems, and strategy formulation for international business.

BBSN 498 - Strategic Management

Pre-requisites: Senior Standing

This course is designed to help students apply functional knowledge gained from earlier courses and integrate these with more practical information and real-life experiences. The course takes the general management point of view, emphasizing the creation, implementation and evaluation of strategy in organizations. Students adopt the viewpoint of upper management, strategize and make essential "Big Picture" decisions, using standard strategic analysis frameworks. Students develop expertise in the analysis of complex business situations and in clearly presenting strategic findings both orally and in writing. They will also further develop their ability to work effectively in teams.

BFIN 401 - Advanced Financial Management

Pre-requisite(s): BFIN 301

The course analyzes decision-making in firms, emphasizing conceptual structure of problems and using advanced analytic techniques. Topics include current asset management, capital budgeting and structure, dividend policy, long-term financing, mergers, and corporate planning models.

BFIN 411 - Investment Analysis and Portfolio Management

Co-requisite(s): BFIN 301

The course analyzes modern techniques for portfolio management including evaluating standards for selecting individual securities to include or remove from portfolios. The course also discusses riskreturn analysis for portfolios, and portfolio performance measures.

BFIN 412 - Futures and Option Markets

Pre-requisite(s): BFIN 301

The purpose of this course is to acquaint the student with economic function and institutional characters of futures and options markets. The course looks at the rationale behind major derivative pricing models and using these pricing models to evaluate alternative derivative instruments. It discusses various arbitrages, hedging and trading strategies commonly used in these markets, and reviews fundamental concepts for risk management.

BFIN 421 - Money and Capital Markets

Pre-requisite(s): BFIN 301

The course will also require proficiency in Microsoft Excel and use of a financial calculator. This course is both a practical and a concept-oriented treatment of the workings of today's financial markets and institutions. It starts with an introduction of the fundamentals of financial markets and proceeds with a detailed review of the central banking system, the different financial markets, financial institutions, and the management of the different types of risks that these institutions face. It also covers the debt and equity capital markets, and one that will prove essential reading for current and potential market practitioners. It emphasizes the practical applications of analytical and valuation techniques that are fundamental to an understanding of both the bond and equity markets. A wide range of topics is covered, from yield curve modeling and index-linked bonds to corporate ratio analysis. These issues are presented within a unified framework intended to encourage critical thinking and problem-solving skills in students