ALHOSN University Catalogue Global Knowledge with Local Vision ...

also will cover topics related to risk and return, capital budgeting, options, short-term financing, and mergers and
acquisitions.
FIN 611 International Finance
Prerequisites: FIN 601
This course provides background on the global aspects of finance and focuses on financial management from the
perspective of multinational corporations and other firms that engage in international transactions. Topics covered
in the course include the global financial environment, exchange rate determination, international trade and
foreign direct investment, international analysis and securities, international arbitrage and interest rate parity,
relationships among inflation, interest rates, and exchange rates, and international corporate finance.
FIN 612 Investment Management
Prerequisites: FIN 601
This course examines the application of principles and techniques of investment management in solving
investment problems of individuals and financial institutions. It considers apportionment of investment funds
among alternatives, analysis of risk, valuation timing of security acquisitions. This course focuses on investment
analysis and valuation of financial instruments, portfolio theory and management, and efficient market theory.
FIN 613 Financial Risk Management
Prerequisites: FIN 601
This course is designed to acquaint students with the fundamental issues in business development and risk
management using financial markets. It deals with the ways in which different risk sources are quantified and
managed by financial institutions. Emphasize will be given on how hedgers can reduce their risks using different
vehicle such as forwards contracts and options. Among the topics covered are interest rate risk, value at risk
(VaR), volatility, market risk, credit risk, operational risk, liquidity risk, and the credit crisis of 2007.
FIN 614 Portfolio Theory and Strategy
Prerequisites: FIN 601
This course provides an in-depth discussion of investment and portfolio management, in terms of both theory and
practice. Students are expected to learn about the investment alternatives that are available in the market. To
facilitate this process, students must develop and manage a portfolio that satisfies a specific risk-return objective.
In addition, students are required to work on an extended research project designed to provide them with indepth
exposure to some aspect of the theory and/or practice of investments.
FIN 615 Financial Planning and Evaluation
Prerequisites: FIN 601
This course examines the knowledge required and the competencies needed to manage personal financial
resources. It develops the principles upon which effective management is based. Emphasis is placed on the
understanding, mathematical analysis, and evaluation of financial products and strategies. The perspective taken
in this course is an active decision- making one as opposed to a passive information acquisition one. Students
will be guided to not only learn the basics, but to implement them in a way that will improve their own personal
financial situations, and to enhance their professional competencies and credibility if they work in the financial
services industry. Topics include the time value of money, debt management, tax planning, risk management and
insurance, investment management, retirement planning, and estate planning. Issues relating to the advisory
process in the context of the financial services industry are also discussed.
FIN 651 Islamic Banking and Finance
Prerequisites: FIN 601
This course offers a clear and understandable examination of this dynamic area of finance. It will help participants
to fully understand the fundamental principles underlying modern Islamic finance, as well as modern practices
prevailing in this industry. It provides a basic knowledge of the general principles of sharia’a (fiqh al muamalat)
and its application to Islamic banking and finance, the Islamic banking model and alternative modes of financing,
financial markets and the structuring of Islamic investment funds, and the different types of Islamic finance
contracts and products. It also examines current issues in the theory and practice of Islamic banking and the
practices used in the Islamic financial markets.
FIN 659 Special Topics in Finance
Prerequisites: FIN 601
This course shall provide critical analysis of current trends and issues in financial theory, research, and
practice. Emphasis shall also be on the analysis, synthesis, and evaluation of contemporary financial issues with
specific reference to UAE and GCC countries. The syllabus will be prepared by a competent faculty member and
must be approved by the Chair of the Department.
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