FINANCE

FIN 301 Financial Management I (3-0-3)

An introductory course which presents basic theories, concepts, and analytical techniques in financial management. Topics covered in the course include evaluation of financial goals and objectives. Overview of financial markets and institutions; financial statements and cash flows; time value of money; ratio analysis; working capital management; short-term financing operating and financial leverages, financial forecasting and planning, capital budgeting techniques.

Prerequisites: ACCT 202, ECON 202

FIN 302 Financial Management II (3-0-3)

A second course in Finance which focuses on capital investments and financing decisions. Capital investments are evaluated under conditions of uncertainty. Financing decisions are examined through capital structure theory, cost of capital, and dividend policy. Valuation of securities integrates the impact of both investment and financing decisions. Other topics covered in the course instruments of long-term financing; leasing; mergers and acquisitions; corporate restructuring and reorganizations; international finance.

Prerequisite: FIN 301

FIN 351 Cooperative Work (0-0-9)

Each student must participate in a 28-week program of industrial experience in Finance and/or related business areas. The academic advisor approves the student’s training program and makes sure that the student submits a formal written report based on his practical experience during the training period.

Prerequisite: Senior level

FIN 410 International Financial Management (3-0-3)

Analysis of the key financial decisions made by multinational companies. The course provides an international perspective to financial problems facing multinationals. Topics examined in the course include international financial environment; international money and capital markets; analysis of foreign exchange risk exposure and risk management; capital budgeting and working capital management; direct foreign investment decisions, political risk assessment, international banking and taxation.

Prerequisite: FIN 301

FIN 415 Management of Financial Institutions (3-0-3)

The course presents both theoretical and practical aspects of decision making in financial institutions. The primary focus is on commercial bank management. Major topics include asset/liability and capital management; credit evaluation, lending policies and practices, liquidity management; bank performance evaluation; investment banking; investment portfolio management; international banking. Cases and computer game methods are used to simulate decisions made by bank managers.

Prerequisites: FIN 301, ECON 305

FIN 420 Investments (3-0-3)

An introductory course in investment theory and principles. The course provides an overview of security markets, alternative investment securities, sources of investment information, and factors influencing security prices. Major topics include selection and management of financial assets; valuation techniques for stocks and bonds; fundamental and technical analysis; theory of efficient financial markets; risk-return analysis; introduction to portfolio theory.

Prerequisite: FIN 301

FIN 421 Security Analysis and Portfolio Management (3-0-3)

Security analysis theory and practice. The primary focus of the course is on selection and management of security portfolios, applying tools and techniques developed within the modern portfolio theory framework. Other topics include management of fixed income security portfolios, capital asset pricing model; investment in stock options and futures; portfolio performance evaluation and monitoring; examination of institutional investment policies; computer applications in portfolio management.

Prerequisite: FIN 420

FIN 425 Computer Applications in Finance (3-0-3)

Application of computer software in formulating and analyzing problems in Finance. The course is specifically designed to encourage use of sensitivity analysis and “what if” projections, in financial modeling, financial statement analysis; capital budgeting, cash flow projections, and risk analysis; working capital management; capital structure and financing decision; leasing; foreign exchange forecasting; valuation of securities; investment analysis and portfolio management; application of quantitative methods in finance.

Prerequisite: FIN 302

FIN 430 Risk and Management Insurance (3-0-3)

Theory of risk and risk management; identification; measurement, and arrangements to deal with risk in personal and business situations. Types of insurance coverage's; basic features of selected insurance contracts, implementation of risk management strategies using insurance, risk retention, and risk reduction devices.

Prerequisite: FIN 301

FIN 435 Real Estate Management (3-0-3)

Overview of real estate markets; analysis of residential and commercial real estate development, mortgage financing and investment decisions. Fundamentals of property valuation, economic factors influencing property values, property management, and appraising principles for residential and income property are examined.

Prerequisite: FIN 301

FIN 450 Financial Policy (3-0-3)

A capstone case-oriented course which examines various practical problems in financial policy. The course emphasizes the application of financial theories and analytical techniques to solve business problems in both domestic and international environments. Topics covered in the course include financial analysis and planning; working capital management; capital budgeting and cash flow analysis; lease financing; long term financing and capital structure decisions; corporate restructuring, mergers, and acquisitions.

Prerequisite: FIN 302

ECONOMICS

ECON 101 Principles of Economics I (MICRO) (3-0-3)

The definition of the economic problems and market systems. Demand and consumer behavior, supply, production and costs. Price determination and equilibrium of the firm under different market structures. Pricing factors of production. public goods and externalities.

ECON 202 Principles of Economics II (MACROECONOMICS) (3-0-3)

An introduction to macroeconomic analysis. National income accounting and determination. Business cycles, inflation and unemployment, fiscal policy, money, banking, and monetary policy, economic growth and development, international trade and finance.

Prerequisite: ECON 101

ECON 301 Intermediate Microeconomic Theory (3-0-3)

A survey of methods of decision-making at the microeconomic level. It covers consumer theory, production theory, business firms, cost and optimal production decisions under different market structures. In general, this course provides a review of price theory and resource allocation in a market economy in much more detailed analysis than does ECON 101.

Prerequisite: ECON 202

ECON 305 Money and Banking (3-0-3)

This course extends the introduction provided in ECON 202. The roles played by money are amplified. The history of money is outlined. The demand and supply are developed. Special emphasis is placed on the role of money in the macro-economy. This involves a development of the theory of income determination and of the mechanism by which money affects the equilibrium income level. The role played by the central bank as the executor of monetary policy is emphasized. The policy tools that are available to a central bank are introduced and analyzed. Issues which pertain to the effectiveness of monetary policy are developed. Banking and monetary systems of Saudi Arabia will be discussed.

Prerequisite: ECON 202

101 — 305 ECON

ECON 306 Economy of Saudi Arabia (3-0-3)

This course provides a comprehensive study of the Saudi Arabia economy. Special emphasis is placed on the national income accounting, aggregate demand and its components, the economic structural changes, national economic problems and issues. It analyzes the demographic structure and manpower. It provides a detailed analysis of the major topics and sectors: oil, agriculture, manufacturing, international trade, public finance, price level and fiscal policy, money, banking and monetary policy, and economic planning.

Prerequisite: ECON 202

ECON 401 Managerial Economics (3-0-3)

Application of economic theory and methodology to decision process of the firm. Topics include demand theory and estimation, production theory, cost analysis, optimization, market structure, pricing practices, marginal analysis, and business investment decisions.

Prerequisites: ECON 202, OM 202

ECON 403 Engineering Economics (3-0-3)

Application of fundamental concepts and techniques of economic analysis to project evaluation in engineering practice. Emphasis on interest and money relationships, methods for decision-making among alternatives, depreciation, break-even analysis, minimum cost formula, and capital budgeting.

Not open to College of Industrial Management majors

ECON 410 International Economics (3-0-3)

The classical and modern theories of international trade and finance, balance of payments, exchange rates, terms of trade, tariffs and other trade barriers, international economics organizations, the new world economic order, economic integration and application to current problems.

Prerequisite: ECON 202

ECON 415 Public Finance (3-0-3)

This course is designed to help students develop an understanding of the economic principles useful in analysis of tax and expenditure policies. The emphasis is theoretical, but is also supported with factual and institutional material about the Saudi economy. The course covers the different types of market failures, principles of expenditure analysis, government programs such as social security and income transfer programs, tax incidence, and the magnitude and importance of the welfare cost of taxation.

Prerequisite: ECON 202