BSc in Banking & Finance Accounting (BScBFAcc)

Program Overview

The Bachelor of Science in Banking and Finance, with Accounting Specialization develops skills and competencies among the students to pursue accounting careers in corporate accounting, public accounting, governmental accounting, & not-for-profit accounting. Students gain the theoretical knowledge, practical skills, and research skills needed to address complex accounting issues. The aim of the program is to produce industry-focused graduates who have comprehensive theoretical and practical knowledge of banking and finance and are fully competent to work in financial accounting and reporting, and management accounting roles in the public and private sector.

Program Objectives:

Within the context of achieving the Institute’s mission statement the BSc in Banking and Finance specializing in Accounting aims to:

• Develop students’ knowledge and understanding of the theories and principles underpinning banking and finance, and their application to banking and financial services within the broader context of a globalized business environment.
• Develop students’ knowledge and understanding of the theories and principles underpinning management and financial accounting and its pivotal role in resource allocation and managerial decision making.
• Develop students with an understanding of the social, environmental and ethical issues underpinning the use of accounting information and taxation policy.
• Enable the development of intellectual skills including critical, analytical and problem-solving skills.
• Develop students’ ability to analyze, interpret, critique and communicate financial information.
• Develop students’ interpersonal, research, computing and communication skills.

Admissions Criteria for Business Programs to the Ministerial Decree No. 55 for 2021

1. A minimum High School Average of 70% for Advanced or Elite Track or 75% for General Track or equivalent in Standardized International.
2. EmSAT score of 1100 for English Language or an equivalent English Proficiency Test approved by the CAA.
3. EmSAT score of 600 for Arabic Language. Alternatively, international students can register for a non-credited Basic Arabic Language course at the institution.
4. EmSAT score of 600 in Mathematics or equivalent.
5. Passing a personal interview set by the College of Business in addition to other conditions of admission set by the university.
6. Conditional admission can be allowed for not achieving the Arabic Language EmSAT score but not for English Language or overall High School Certificate.

Program Learning Outcomes:

On successful completion of this program the graduate will be able to:

• Use a comprehensive range of theoretical and practical knowledge to solve complex problems in banking and finance to support decision making by firms, households and financial institutions.
• Prepare advanced financial reports to enable decision making by users of financial accounting information.
• Apply research techniques to collate and assess a range of information sources to prepare financial analysis using quantitative analysis techniques and reasoning.
• work independently to solve complex problems, and contribute effectively to completing, and leading, team’s projects.
• Assess customer’s financial needs and recommend appropriate financial products and services.

The EIBFS BSc in Banking and Finance Accounting degree aims to offer a top-notch specialized curriculum that provides students with the necessary knowledge and resources to develop and grow their professional skills while giving students the opportunity to establish long-term careers in the corporate and financial sectors. Taught by highly qualified professors, the coursework will focus on both theory and practice to champion and shape well-rounded students and perspectives.

1. To equip professionals with the skills necessary to undertake management, advisory and directorship roles in the private and public sector, insurance firms, banking and stock market companies and various business institutions.
2. To enable professionals to receive the required specialization to manage, analyze and interpret accounting and financial systems, as well as to supervise financial, accounting and market operations.
3. To endorse skills that enable students to identify and anticipate market and sector opportunities, allocate resources, manage information, select and train personnel, and make the necessary decisions to achieve the goals of the company or institution in which they are employed.

The program runs five days per week, Sunday to Thursday Morning or Evening sessions for eight (8) theoretical semesters (16 weeks each), and three (3) summer semesters (8 weeks each), which involves presenting the project report of supervised internship.