ALHOSN University Catalogue Global Knowledge with Local Vision ...

FIN 201 Principles of Finance (3 = 3 + 0)
Prerequisite: ACT 210
This course introduces students to the role of financial management in business firms. It emphasizes on the basic
concepts in finance and techniques used in financial decision-making. Topics to be covered include financial
analysis and planning, time value of money, interest rates and bond valuation, stock valuation, risk and return and
capital budgeting.
FIN 301 Corporate Finance (3 = 3 + 0)
Prerequisite: FIN 201
This course builds on the concepts introduced in FIN 201. It explains the theory of corporate finance and teaches
students the analytical techniques to apply theory in practical situations. It considers the impact of risk on the cost of
capital and investment decisions and proceeds to discuss advanced topics in corporate finance. Topics include
project analysis, risk and expected return, the cost of capital, financial leverage, capital structure policy, dividend
policy, options and corporate finance, derivative securities and risk management, mergers and acquisitions, and
leasing.
FIN 451 Portfolio Theory and Investment Analysis (3 = 3 + 0)
Prerequisite: FIN 201
The course exposes students to the fundamental concepts of investment and portfolio theory. The course deals
with important aspects of financial securities and markets. The course examines topics such as optimal portfolio
choice, evaluating portfolio performance, portfolio diversification, arbitrage and option pricing, security analysis,
and efficient market hypothesis.
FIN 452 International Finance (3 = 3 + 0)
Prerequisite: FIN 201, MGT 303
This course provides background on the global aspects of finance and focuses on financial management from the
perspective of multinational corporations (MNC) and other firms that engage in international transactions. Topics
covered in the course include the global financial environment, exchange rate determination, currency derivatives,
purchasing power parity (PPP), international trade and foreign direct investment, international analysis and
securities, conditions, models of exchange rate determination, multinational capital budgeting, and multinational
cost of capital and capital structure.
FIN 453 Islamic Banking and Finance (3 = 3 + 0)
Prerequisite: FIN 201
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 454 Financial Institutions and Markets (3 = 3 + 0) (Tentative)
Prerequisite: FIN 201
The purpose of this course is to instruct students about the financial system and the various types of financial
institutions and markets. It examines topics such as the components of the financial system; deposit-taking
institutions; non-deposit-taking institutions; the money market; the capital markets. The course also exposes
students to the interest rates in general; the structure of interest rate; foreign exchange markets; and international
capital markets.
FIN 456 Insurance and Risk Management (3 = 3 + 0) (Tentative)
Prerequisite: FIN 201
This course introduces the fundamentals of insurance and risk management. It examines risk management issues
faced by firms and individuals and discusses ways to protect firm value and personal wealth. The course covers
the areas of general risk management process, property and liability insurance, life and health insurance,
annuities and employee benefits. The insurance industry and regulatory concerns are also addressed.
FIN 457 Special Topics in Finance (3 = 3 + 0)
Prerequisites: FIN 30, FIN 451, FIN 454
This course shall provide critical analysis of current issues and trends in finance and financial theories,
research, and practice. Emphasis shall also be on the analysis, synthesis, and evaluation of contemporary financial
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