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.
Pre-Requisites: ACCT501 Or (ACCT201 And ACCT202) Or (ACCT110 And ACCT210)
Emphasizes the impact of financing and investment decisions on firm value. Topics include understanding risk and return, the role of financial markets and institutions, information and pricing, capital budgeting under uncertainty, firm valuation, capital structure, payout policy, leasing, mergers and acquisition, takeovers and other forms of corporate restructuring, bankruptcy, risk management, corporate governance, measuring and rewarding performance.
Pre-Requisites: ACCT508* Or ACCT507*
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
Pre-Requisites: FIN510
Focuses on financial decision making in Multinational Corporation. Topics covered include the operation of international financial markets, the determination of exchange rates and interest rates, measuring and managing exposure to foreign exchange risk, accounting for international operations, international capital budgeting, cross-border financing, direct foreign investment, political risk analysis and international taxation.
Pre-Requisites: FIN510
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
Covers the basic concepts and techniques of financial investments. The topics covered include financial securities and financial markets, market efficiency, asset pricing, portfolio theory, selection and management of financial assets, valuation techniques for stocks and bonds, portfolio management, portfolio performance measurement, derivatives and hedging.
Pre-Requisites: FIN510
Covers the trading and pricing of a wide array of derivative securities including financial options, futures, forwards, and swaps. The topics covered include that operation of derivatives markets, trading strategies of derivatives, the payoff and valuation of divertive securities, the theory and approaches of derivative pricing. The course will also cover the economic role of derivatives and their use in managing risks such as currency risk, interest rate risk, market risk, commodity risk, and general business risks.
Pre-Requisites: FIN510 Or FIN540
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
Pre-Requisites: FIN510
Focuses on strategic, financial, and managerial aspects of corporate restructuring such merger, acquisition, and divestiture. Covers topics such as the strategic motives of mergers and acquisition, deal structure and analysis, valuation methods, due diligence, leveraged buyouts, takeovers, takeovers defense, deal financing, post-merger impact, business integration and organizational change due to merger.
Pre-Requisites: FIN510
Presents both theoretical and practical aspects of managing financial institutions and intermediaries such as commercial banks, investment banks, and insurance companies. Major topics include the organization and operation of the different types of financial instructions, identification and management of various risks related to financial institutions, asset/liability management, capital adequacy regulations; credit evaluation, lending policies and practices, liquidity management; performance evaluation.
Pre-Requisites: FIN510
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 decisionmaking. Prerequisite: FIN 510
Pre-Requisites: FIN510
Covers investment and financing aspects in real estate industry. Major topics include an overview of real estate markets; analysis of residential and commercial real estate development, fundamentals of property valuation, economic factors influencing property values, property management and appraising principles for residential and income property, leverage, and methods of financing. Topics covered also include mortgage financing, mortgage structuring and trading, Real Estate Investment Trust (REIT) structures and markets.
Pre-Requisites: FIN510
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.
Covers the theory and practice of constructing, monitoring and evaluating investment portfolios. Topics covered include modern portfolio theory, modern techniques for portfolio construction, investment strategies and approaches, investment vehicles such as mutual funds and hedge funds, performance measurement techniques, management of specialized asset classes such as fixed income, private equity, real estate, commodity etc. Includes the ethical and professional standards related to asset management.
Pre-Requisites: FIN523
Addresses the conceptual framework and the practice of Islamic Finance. Early part covers the general guiding principles of the Islamic contract theory with special emphasis on Islamic financial contracts. The later part cover the implications of the Islamic contract theory on Islamic financial markets and institutions and on regulations and standard setting. Topics covered include the operation and structures of Islamic banks, sharia standards and regulatory framework for Islamic banks, Islamic financial markets and instruments, Islamic insurance. Covers sukuk structures, the roles of sharia standards, sharia boards and sharia audit, tax and regulatory issues relate to Islamic finance
Pre-Requisites: FIN510
Examines the financing of startups and early stage businesses. The course will cover the valuation of entrepreneurial ventures specially technology-based ventures, the financing methods, the structure and the process of venture capital financing, funding rounds, later stage financing approaches, negotiations strategies, exit strategies,. Addresses the structure and operation of private equity and venture capital funds, the key interest alignment terms in private equity funds, the strategies for value creation, harvesting and growth.
Pre-Requisites: FIN510
Examines the unique financing schemes for energy investments. Topics covered include energy project finance, non-traditional financing methods such as volumetric production payments, net profits interests, royalty trusts, etc. The course will also cover the role of government regulation and tax policy, structuring of exploration deals and the choice of royalty scheme, Master Limited Partnerships (MLPs), energy accounting and valuation, energy financial modeling techniques including real option models, hedging energy risk and the value of the firm.
Pre-Requisites: FIN510
Importance of financial markets and their role in economic activity. Types of financial markets, market indexes, financial securities and crypto assets, and types of orders. Risk and expected return, modern portfolio theory, and asset pricing theories and their implications. Efficient market hypothesis and an introduction to behavioral finance. Macroeconomic environment and industry analysis. Basic valuation of equity securities. Bonds yields, prices, and risk measures. Basics of options strategies and valuation.
Applications of statistical methods and econometric techniques in finance problems using statistical packages. Introduction to classical linear regression model and OLS estimates, assumptions, and diagnostic tests. Univariate and multivariate time series models, modelling long-run relationships, volatility and correlations models, switching models, panel data, limited dependent variable models, and various simulation methods.
Develops skills and abilities in financial analysis and provides a framework for analyzing financial decisions to acquire assets as well as their financing. Central to the decision making process is the notion that corporations are intended to create value. Topics include discounted cash flow analysis, financial performance evaluation, valuation techniques, capital budgeting, risk-return concepts, evaluation of financing options, and dividend policy.
Applies various concepts and analytical tools pertinent to capital investments and financing decisions. The course addresses the theory and practice of financial management and the role of the financial manager in creating value. It provides the basic concepts of finance, including risk and return within modem portfolio theory, financing decisions through capital structure: theory and dividends policy, and valuation of projects and securities.
Combines theoretical and practical aspects of investment analysis and portfolio management. It covers the portfolio management process from the institutional and individual perspectives. Examines setting of investment objectives, formulation of portfolio management strategies, asset allocation, security selection, pricing and trading of options and futures, use of derivatives to alter portfolio risk-return profile, and evaluation of portfolio performance. This is a hands-on course in which students manage simulated security portfolios and use the Internet sources of financial information extensively.
Integrative course that builds on materials covered earlier and addresses strategic corporate finance issues and decisions with emphasis on global perspectives. The course highlights analysis and the interaction of investment, financing, and dividend decisions as they affect firm value and develops student valuation skills. Other areas include mergers and acquisitions, lease analysis, options and futures, managing foreign exchange risk, and financial analysis and planning. It blends theory with practice through extensive use of case studies. The cases require student teams to draw on their personal experiences and integrate functional knowledge and diverse perspectives to address variety of issues raise.
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, MKT 512