FIN
501 Corporate
Finance
(3-0-3)
An
introduction to the basic concepts and tools of corporate
finance. The course covers financial planning and control
techniques such as forecasting financial needs, cash budgeting,
operating leverage, ratio analysis, return-on-investment, and
fund statement. Other topics include working capital policies,
capital budgeting, and the treatment of risk in investment
decisions.
Prerequisite: ACCT 501 or waiver of this prerequisite according
to the waiver
guidelines.
FIN
510 Managerial
Finance
(3-0-3)
Managerial finance consists of two inter-related decisions of
investment and financing. The former deals with capital theory
and its application to capital budgeting under uncertainty. The
latter deals with financial leverage, the cost of capital,
dividend policy and valuation. Leasing and other instruments of
long-term financing, growth through mergers and the holding
company, as well as reorganization and bankruptcy are also
included.
Prerequisites: FIN 501 or waiver of this prerequisite
according to the waiver guidelines, and ACCT 510.
FIN
520 Financial
Policy
(3-0-3)
A case
method analysis of corporate assets/liabilities management and
related financial problems stressing financial decisions and
formulation of financial policy. The subject coverage includes:
working capital management, operating and financial leverage,
capital budgeting, cost of capital, dividend policy, and
mergers, acquisitions, and corporate restructuring. This course
attempts to familiarize the students with practical aspects of
financial concepts and theories. It provides the students with
the tools and financial models to make decisions in real-life
situations. A case-based approach is emphasized to give the
students ‘hands-on’ managerial financial skills. It is also
intended to develop communication and presentation skills and
strengthen the students’ confidence in their own judgment.
Prerequisite: FIN 510
FIN
521 International
Finance (3-0-3)
The
focus is understanding how multinational corporations make
financial decisions in an international environment. Students
learn about international money and capital market operations,
the determination of exchange rates, and how to analyze the
balance payments accounts. Specific skills to measure and manage
exposure to foreign exchange risk are developed. The course also
covers corporate functions including international capital
budgeting, working capital management, direct foreign
investment, political risk analysis, and international banking
and taxation.
Prerequisite: FIN 510
FIN
522 Financial
Institutions
(3-0-3)
This
course has a dual objective. One focus is to understand the flow
of funds across financial markets, the nature and
characteristics of these markets, and the determination of
interest rates and security prices. Students are exposed to the
process of financial product evolution and financial engineering
techniques. The second focus is to familiarize students with the
strategic and operational issues involved in the management of
financial institutions including commercial banks, Islamic
financial institutions, savings banks, finance companies,
pension funds and insurance companies. The course also includes
a description and comparative analysis of the Islamic financial
system, the Saudi financial infrastructure, and Western
financial system.
Prerequisite: FIN 510
FIN
523 Investment
Analysis
(3-0-3)
Analysis of investments in financial securities such as bonds,
common stock, preferred stock, options, commodities and Islamic
financial instruments. Nature, regulation, and operations of
securities markets in a western economy and an Islamic economy.
Portfolio management theory and implications for capital market
theory. Stock price behavior in relation to technical analysis
and to capital market efficiency hypothesis.
Prerequisite: FIN 510
FIN
525 Options, Futures and Other Derivative
Securities (3-0-3)
This
course provides a detailed coverage of the organization,
structure, and role of the derivative securities market. The
course explores the properties of derivative securities (such as
futures, options, options on futures, and swap markets) that are
commonly encountered in practice and provides a theoretical
framework within which these securities can be valued. Students
learn skills required to use derivative securities in hedging
and risk-altering investment strategies.
Prerequisite: FIN 510
FIN
529 Bank
Management
(3-0-3)
Examines the nature and operating strategies of banking
institutions including Islamic banking institutions. Bank
management issues such as liquidity management, investment
strategies, capital management and asset/liability management
are emphasized. Banking practices in an international
environment are also examined. Students work through cases that
simulate real world decision-making.
Prerequisite: FIN 510
FIN
531 Real State Management
(3-0-3)
This
course deals with the analysis of residential and commercial
real estate development, appraisal techniques, real estate
financing, real estate market analysis, real estate management
and legal environment. It also covers the theory of risk, and
management of personal and business risk.
FIN
592 Independent Research in
Finance (0-0-3)
A
research proposal must be submitted I writing by the student and
be approved by the supervising faculty member and the MBA
Chairman prior to registration. The student is required to
conduct a research study in the area of finance that is business
related and adheres to all elements of sound business research.
The study methods and findings must be presented orally and in
writing in a manner that is consistent with acceptable standards
of research communication.
Prerequisites: FIN 510 and MKT 512
ECON 501 Principles of
Economics (3-0-3)
Introduction to economic systems and economic analysts. The
course is an overview microeconomics covering topics such as
supply and demand in individual markets, elasticities of supply
and demand, theory of consumer behavior, theory of the firm,
theory of production, analysis of cost elements, factors and
product markets, and analysis of competitive and monopolistic
markets and oligopoly. The course also includes an analysis of
macroeconomics covering topics such as aggregate and aggregate
supply, national output and income determination, consumption,
savings, investment, government expenditures, international
trade and restrictions, general price level, theory of money,
monetary and fiscal policies, business cycles, unemployment, and
inflation.
ECON 510 Managerial Economics
(3-0-3)
This
course analyzes the role of business in society as well as the
role of profits in the allocation of scare resources. It
develops the relevant demand and production theories, the theory
of the firm, economic optimization techniques, cost/benefits
analysis, and pricing policies. Economic forecasting techniques,
public policy issues, public regulations, and the role of
government in a market economy are introduced.
Prerequisite: ECON 501 or waiver of this prerequisite
according to the waiver guidelines.
ECON 511 The Macroeconomic Environment of
Business (3-0-3)
This
is an advanced course in aggregate economic theory. The course
analyzes the components of aggregate demand and aggregate
supply, and factor shares in production functions. It also
encompasses the basic structure of the classical. Keynesian,
monetarist, and new classical approaches to macroeconomics and
their implications for the determination of output (GDP),
interest rates, general price level, unemployment, and
inflation. Applications of the theory of the business cycle and
the use of monetary and fiscal policy for economic stabilization
are also analyzed.
Prerequisite: ECON 510
ECON 512
Econometrics
(3-0-3)
This
course stresses the mathematical formulation, estimation, and
empirical testing of basic econometric models which can be used
for forecasting economic and financial data for future planning
purposes. The theory of normal linear (and nonlinear) models,
generalized least squares methods, hypothesis testing,
specification error, regression diagnostics, and distributed
lags are analyzed in the context of economic and financial
theories. Applications include simultaneous equation model,
seemingly unrelated regression, pooled data estimation, and
single-equation models.
Prerequisites: OM 502 or waiver of this prerequisite
according to the waiver guidelines, and ECON 510.
ECON 520 Microeconomic
Analysis (3-0-3)
This
is an advanced course covering selected topics in utility
theory, analysis of demand and supply, production theory, labor
market, and capital theory. It also covers price and output
determination in different market structures, resource
allocation, income distribution, welfare economics, the
economics of uncertainty and information, as well as the
analysis of partial and general equilibrium systems.
Prerequisite: ECON 510
ECON 522 International
Trade (3-0-3)
This
course covers advanced analysis of topics such as the gains from
trade, sources of the gains from trade, sources of comparative
advantage, economic integration, trade policy, the theory of
commercial policy, foreign exchange rates, the balance of
payments, protectionism and barriers to trade, and the gains
from specialization.
Prerequisite: ECON 510
ECON 525 Energy
Economics
(3-0-3)
This
course deals with the analysis of energy sources (such as
petroleum coal, gas and electricity), and the rates of
extraction. The course also covers the analysis of demand for
and supply of oil, in particular, under the assumptions of the
theory of Cartels. It also includes analysis of short-and
long-run costs of investments in such resources under
uncertainty, the pricing of exhaustible resources such as oil,
and modeling of long-run theory demand. The course includes a
case study on the energy sector of the Saudi Economy.
Prerequisite: ECON 511
ECON 592 Independent Research in
Economics (0-0-3)
A
research proposal must be submitted in writing by the student
and be approved by the supervising faculty member and the MBA
Chairman prior to registration. The student is required to
conduct a research study in the area of economics that is
business related and adheres to all elements of sound business
research. The study method and findings must be presented orally
and in writing in a manner that is consistent with acceptable
standards of research communication.
Prerequisites: ECON 510 and MKT 512
|
