Bachelor of Science in Business Administration - Finance

Bachelor of Science in Business Administration - Finance

Bachelor of Science in Business Administration - Finance

A finance degree involves the management, creation, and study of money, banking, investments, assets, and liabilities.

Accredited by the UAE Ministry of Education and AACSB

As a Finance major at RIT Dubai, you will develop the ability to manage corporate finances and enhance your leadership potential in the field. Students of this program learn how to solve problems and more importantly, how to prevent problems through in-depth analysis, contingency planning, and effective decision making.

You will go beyond simply developing and managing budgets to learn how to analyze a budget, determine opportunities, save money, or pursue the best investment options. You will become familiar with the financial systems involved in public, private, and government spaces and study the financial instruments related to numerous assets and liabilities.

Specifically, you will study cash flow, asset and risk management, capital markets, portfolio theory, international finance, and forecasting and budgeting. Finance majors at RIT Dubai become experts at financial decision-making - one of the main differences between Finance and Accounting.

Mission, Educational Objective, and Student Learning Outcomes

Mission Statements for Business and Management Program

Bachelor of Science in Business Administration - Finance
Mission Statement

The Finance program prepares graduates to lead businesses and financial institutions in an ever-changing financial and technological environment. Through high-quality teaching that enhances critical thinking and decision-making skills, RIT Dubai Finance graduates will have the expertise in risk management, valuation of assets and investment, Financial markets, and institutions and will be the drivers of value creation in Dubai, the UAE, and the world.

Bachelor of Science in Business Administration - International Business
Mission Statement

The mission of the International Business program is to provide students a deep understanding of the complex global challenges related to cultural, legal, political, ethical, and governmental issues and business practices to prepare students to succeed in the global business environment.

Bachelor of Science in Business Administration - Marketing
Mission Statement

The mission of the marketing department is to prepare students to drive profitable revenues with contextually appropriate decisions regarding targeting, positioning, pricing, product, promotion, and place.

Bachelor of Science in Business Administration - Management
Mission Statement

The Management Program at RIT-Dubai delivers world-class education that prepares students to lead and motivate their employees to achieve high levels of productivity, to innovate, and to create a competitive advantage for businesses in the United Arab Emirates, MENA, and the world.

Business and Management Program Goals

These are the program goals and associated program outcomes for the Business Core which are common to all business and management students:

  • Analytical and Critical Skills: Analyze and evaluate major business issues to make and communicate effective decisions. Upon graduation, students will be able to:
    • Analyze a business problem using one or more theory-based frameworks.
    • Interpret data using quantitative methods.
    •  Communicate a solution to a business problem and the reasoning behind it.
    • For a substantive ethical business issue, propose a sustainable course of action that considers the interest of primary stakeholders.
  • Applied Focus: Learn course concepts and theories through application and practice. Students will be able to:
    • Apply course concepts effectively in a real organizational setting.
    • Successfully complete hands-on business-related projects.
    • Work effectively with others and in teams.
    • Demonstrate how global cultures and institutions impact businesses.
  • Creative Problem Solving: Generate a creative solution to a business problem or opportunity through the application of design thinking. Students will be able to:
    • Demonstrate a process for generating a creative solution.
    • Demonstrate the use of design thinking to arrive at a creative solution.
    • Evaluate alternative solutions.
  • Technology: Apply business technology and explain its implications. Students will be able to:
    • Explain the impact of technology on business operations.
    • Apply business technology to solve a problem.
    • Develop a strategy that includes technological innovation.

Program-Specific Goals

The following goals are unique to Management:

Managing Processes – Achieving business goals
Students will be able to:

  • Formulate and implement an effective plan for project management.
  • Apply principles of effective decision-making to negotiations.

Leading People – Influencing others towards a common purpose
Students will be able to:

  • Demonstrate professional skills that foster organizational effectiveness.
  • Apply leadership and teamwork concepts to real-world situations.

The following goals are unique to Finance:

Goal # 5: Cash Flows, Risk and Value - Possess knowledge concerning cash flow, risk and value in finance in various contexts and be able to apply financial models concerning them. Students will be able to:

  • Compute risk measures for financial securities (e.g., bonds and stocks)
  • Conduct analysis on risk-related issues (e.g., compute risk-adjusted performance measures
  • Evaluate financial securities using cash flow-based models

Goal # 6: Use of Financial Technology in Analyzing Data: Students demonstrate the ability to use Excel or other contemporary software applications to analyze given data sets. Students will be able to:

  • Apply technology in analyzing financial statements and in developing projections and forecasts.
  • Use technology to communicate the results of the analysis so they may be used in decision-making.

The following goals are unique to International Business:

Goal # 5: Global Environment: Students demonstrate an understanding of and ability apply information related to the global environment. Students will be able to:

  • Analyze the institutional environment of different countries (e.g., financial environment, regulatory environment, political environment, and labor environment).
  • Apply relevant concepts and frameworks describing the institutional environment of different countries.
  • Describe the financial, regulatory, political, and labor environments of different countries.

Goal # 6: Global Fundamental Elements: Students understand and can apply the fundamental elements of global business. Students will be able to:

  • Identify the fundamental elements of global business.
  • Apply the fundamental elements of global business to international trade, foreign direct investment, foreign exchange, and regional integration.
  • Relate knowledge of fundamental elements of global business across countries.

The following goals are unique to Marketing:

Goal # 5: Understanding the consumer buying process.

  • Describe the consumer buying process

Goal # 6: Demonstrate an understanding of the process of segmenting markets, choosing a target market, and describing it using demographic and psychographic variables.

  • Describe the process of segmenting target markets
  • Choose a Target Market
  • Describe a target market using demographic and psychographic variables

Goal # 7: Understanding of marketing research, key marketing metrics and their use in marketing strategy.

  • Describe marketing research, key marketing metrics, and their use in marketing strategy

Goal # 8: Ability to develop a comprehensive marketing plan.

  • Develop a comprehensive marketing plan

Goal # 9: Demonstrate advertising and promotion skills.

  • Design a detailed advertising campaign
  • Exhibit a wide range of marketing skills

Career opportunities for graduates of the Finance program exist across government, industry, service, and not-for-profit sectors. Throughout the program you will encounter different career options based on your interest in decision-making – you can choose to pursue studies that support a managerial position as a Financial Analyst or you may be interested in a path that leads to a career in Financial Consulting.

Typical Course Sequence

Year One

       
Course Code Course Title Credit Hours

MGMT - 101

Business 1: Ideas and Business Planning

3

MGIS - 101

Computer Based Analysis 1

1

ECON - 101

Principles of Microeconomics (Global Perspective)

3

COMM - 253

Communication

3

STAT - 145, 146

Introduction to Statistics I, II (Mathematical Perspective)

7

MGMT - 102

Business 2: Business Planning and Professional Development

3

UWRT - 150

Writing Seminar

3

ACCT - 110

Financial Accounting

3

MGIS - 130

Information Systems and Technology

3

 

Foundation 2: Islamic Culture Course

3

YOPS - 10

RIT 365: RIT Connections

0

Year Two

ACCT - 210

Management Accounting

3

ECON - 201

Principles of Macroeconomics

3

MKTG - 230

Principles of Marketing

3

FINC - 220

Financial Management I

3

 

Artistic and Scientific Principles Perspectives

6

FINC - 352

Financial Management II

3

MGMT - 215

Organizational Behavior

3

INTB - 225

Global Business Environment

3

MATH - 161

Applied Calculus

4

MGMT - 035

Careers in Business

0

Year Three

       
MGMT - 340 Business Ethics and Corporate Social Responsibility (Ethical Perspective)

3

FINC - 362 Intermediate Investments

3

  Immersion 1, 2, 3

9

  Free Elective

3

  Social and Nat. Science Inquiry Perspectives

6

  2 Finance Electives

6

Year Four

       

 

Finance Elective

3

 

Free Electives

9

DECS - 310

Operations Management

3

 

General Education Electives

6

MGMT - 560

Strategy and Innovation

3

FINC - 420

Finance in a Global Environment

3

FINC - 460

Financial Analysis and Modeling

3

Total Semester Credit Hours - 123

Dr. David Egleston

Associate Professor and Chair

Dr. John Ireland

Associate Professor

 

Dr. Rizwan Tahir

Associate Professor

 

Dr. Mejda Bahlous

Associate Professor

 

Dr. Khalil Al Hussaeni

Assistant Professor

 

Asma Saeed Lootah

Vice President & Board Secretary

Dubai Financial Markets

Nigel Pasea

Managing Director

The CCL Group

 

 

Rupinder Kochar

Senior Analyst

McKinsey

Tanvir M Contractor

Founder & CEO

Asap Wealth Consultancy
FZE.

 

 

Ghassan Abughazaleh

General Manager

StoreAll

Hans Henrik Christensen

Director ‑ DTEC & SOF

Dubai Technology
Entrepreneurship Centre

 

 

Amal Al Zubeidy

Consultant

Al Zubeidy Consulting

Dr. Mohammad Said Ishfaq

Senior Economic Analyst

Department of Finance,
Dubai

 

 

Tahir Mahmoud

Head of Business Development

Nasdaq Dubai

Jide Ore

Emerson Automation Solutions

IBM

 

 

Manohar Roach

Director of Human Resources

Intercontinental Hotel
Groups (IHG)