MBA in Finance & AccountingNovember 1, 2021 2021-11-01 11:33
MBA in Finance & Accounting
This program allows students to:
- Apply accounting and finance theories for analyzing business operations in these areas in the UAE.
- Assess the usefulness of existing accounting and finance decision-making tools and the potential for improving these tools in businesses in the UAE/MENA region.
- Use knowledge and skills developed to add value to the firms in the UAE/MENA region.
Finance & Accounting Curriculum Structure
|#||Course Code||Course Name||Pre-requisite|
|1||MBA 600||Managerial Economics||–|
|2||MBA 625||Business Research Methods||–|
|3||MBA 605||Marketing Management (Simulation-based course)||–|
|4||MBA 610||Accounting & Financing Decisions||–|
|5||MBA 620||Organizational Behavior (Simulation-based course)||–|
|6||MBA 630||Managing Services Operations and Projects (Simulation-based course)||–|
|7||MBA 640||Ethics, CSR & Corporate Governance||–|
|8||MBA 645||Strategic Management (Simulation-based course)||18 C.H|
|Specialized Courses||9||MFA 700||Strategic Cost and Managerial Accounting||18 C.H|
|10||MFA 705||International Corporate Finance & Derivatives||18 C.H|
|11||MFA 715||Investment Analysis and Portfolio (including Islamic) Management||18 C.H|
|12||MFA 720||Case Studies in Accounting & Finance (including Islamic products) Management||18 C.H|
|13||MFA 708||Hedging & Financial Risk Management||18 C.H|
|14||MFA 710||Islamic Finance & Accounting||18 C.H|
|work-based Project or 2 Electives||15|
15th course has two options
At the end of this program, students will be able to:
- Think critically and communicate effectively as managers through demonstrating effective professional oral & writing skills for business and making persuasive presentations at a managerial level.
- Work in and lead dynamic international and UAE organizational situations in business and management concept through demonstrating effective leadership in a team setting, work effectively as a member of a work team, and produce quality deliverables from team work.
- Adapt and innovate to solve problems, to cope with unforeseen events, and to manage in unpredictable environments (through effective use of quantitative and qualitative analytical tools, make and justify a recommendation).
- Analyze ethical situations and justify alternatives across areas of concentrations.
- Adapt, apply and analyze knowledge in new and unfamiliar circumstances through a conceptual understanding of relevant inter-disciplines.
Finance & Accounting Course Description
Eight core courses
MBA 600 Managerial Economics
The first section of thisthe course covers essential concepts such as supply, demand elasticities, and efficiencies in industries. Industries. The subsequent section focuses on advanced topics in market analysis and the role of externalities and imperfect/ asymmetric info, with specific reference to UAE/GCC/MEA economies.
MBA 625 Business Research Methods
This course advances students’ ability to think, adapt, build, apply, evaluate, and conduct business research in support of business decision making. Topics include research design process, designing a research proposal, selecting the research instrument, ascertain reliability and validity of instruments, scale measurements, sampling and data collection methods, using and interpreting the results of univariate and multivariate statistical techniques, and writing the final report.
MBA 605 Marketing Management
ThisThe course focuses on understanding customers , theirwith their preferences for designing appropriate products & services, and in determining appropriate products & services, the way to conducting international relations, besides determiningand determining appropriate methods to communicate, to capture, and e & to deliver value to customers.
MBA 610 Accounting & Financing Decisions
This course blends the use of information (financial and non-financial) for making operating and financing decisions. It links information to manage organizations and finance their activities. Topics covered include financial reporting and analysis, managing working capital, sources of financing business activities, equity analysis and valuation, risk analysis and decision-making under uncertainty, fFinancial planning, and capital budgeting decisions.
MBA 620 Organizational Behavior
This course provides a framework for understanding the values, attitudes, and behaviors of an individual in an organizational setting. This course explains how individuals and groups function to achieve goals and the reasons for successes or failurewhy they succeed or fail in achieving these goals. Ultimately, this course teaches students how to manage behavior of individuals and groups within an organization in order to achieve organizational goals.
MBA 630 Managing Services Operations and Projects
This course reviews concepts and tools for effectively and efficiently managing service operations and successful projects within an organization. Upon successful completion of this course, students will gain the knowledge and confidence to manage any service industry project from beginning to end. Theory will be explored through examination of service operations & project management case studies. To add rigor to the course, the course curriculum will be aligned with Certified Associate of Project Management (CAPM) certification, an international certification offered by Project Management Institute (PMI).
MBA 640 Managing Ethical & Legal Issues of Business
This course focuses on Corporate Social Responsibility, Corporate Governance, ethics,ethics and the lawlaw within the UAE and international context.
MBA 645 Strategic Management
Thise course is designed to integrate knowledge acquired from MBA Courses and apply it to the management of the firm at the Corporate and Strategic planning level. Hands on sSimulation of business game at the MBA level and case analysis assure the student has mastered the tools, techniques, and methods of the Strategic Management pProcess. In this course, students will act as managers making decisions that and contribute to the success of a business.
Six Specialization Courses
MFA 700 Strategic Cost and Managerial Accounting
Thise course addresses advanced topics and the role of accounting techniques in helping management formulate and execute its strategy. Topics covered include the theoretical foundations of management accounting, accounting and shareholders’ value, issues in activity-based costing, balanced scorecards, pricing decisions, theory of constraints, and strategic management accounting.
MFA 705 International Corporate Finance & Derivatives
Thise course examines three3 fundamental decisions of multinational companies (MNC) – the investment, the financing decisions and risk management. Topics discussed include risk management, valuation of foreign investments, cross-border M & A, financial distress and restructurings, corporate governance practices and project finance. This course greatly facilitates CFA Level-1 and CIMA’s Advanced Diploma in Islamic Finance (ADIF) exam takers.
MFA 715 Investment Analysis and Portfolio (including Islamic) Management
Thise course focuses on security valuation theory and investment practice through hands-on WALL-STREET simulation experience. TheIt course covers mMarket operations, pPerformance evaluation, fFundamental security analysis methods (in relation to stock bonds), rReal eEstate iInvestments (Asset backed and Mortgage Backed Securities-ABS, MBS) mMutual funds, Islamic pProducts and pPortfolio analysis, cComparative analysis of UAE/GCC markets with developed markets. This It also course greatly facilitates CFA level-1 and CIMA’s Advanced Diploma in Islamic Finance (ADIF) exam takers.
MFA 720 Case Studies in Accounting & Finance (including Islamic products) Management
Thise course focuses on the integration of key Accounting and Finance concepts using current readings and the case approach. Selected cases integrate concepts such as relevant information, cost of capital, cost behavior, risk and return, capital budgeting, Islamic finance products, enterprise valuation, optimal capital structure, and maximization of shareholders’ value for economic value creation. The course is highly integrated to test how well students can apply their technical knowledge to real-life industries and issues. The computer- based approach with its technology aims to simulate how most students write reports at work, plus, this technologywork and lets themallows them to take online exam together with international students. This course course also greatly facilitates CFA Level-1, FRM, CIMA and ADIF professional exams.
MFA 708 Hedging & Financial Risk Management
Thise course focuses on the imbibing key concepts of quantitative, statistical, ad mathematical, and analytical metrics applied towards identification, measurement, and valuation of financial risks. Using current standards and practices, thise course focusses on financial risks faced by financial institutions. This course greatlyIt also facilitates FRM Part 1 exam takers.
MFA 710 Islamic Finance & Accounting
This is a special course to contextualize the curriculum to UAE/GCC/MEA economic environment. The contents include: nature of Islamic contracts, Shari’ah compliance, Islamic Financial Systems & Institutions, structuring takaful (Islamic Insurance) & recording settlement, structuring Islamic banking products and services, framework of financial reporting for Islamic financial institutions (IFI), analysis of financial statements of IFI, aAccounting and reporting of: Mudarabah and Musharakah financing, Ijarah and Ijarah Muntahia Bi Tamleek, Salam and Istisna’ financing, aAuditing of Islamic financial institutions, cCorporate and Shari’ah governance. This course also greatly facilitates in passing CIMA’s ADIF (Advanced Diploma in Islamic Finance) exam.
Two options for the Last Course
Option 1 (Internship or Action Research Project)
Internship for less than 2 years’ work experience.
Action Research Project (ARP) students with at least 2 years of work experience.
The purpose of this option is to provide applied learning experience either through internship or through an Action Research Project in an organization. This course allows participants to demonstrate problem solving skills, analyze highly complex issues with incomplete data, and develop innovation solutions and proposals relevant to an academic/professional field of work or discipline.
This course also provides an important link between the organization and the University of Dubai. As such, the ARP reflect a need of the organization while meeting the perceived needs and interest of the students. Thus, students are required to develop an action-oriented management report. The ARP report must be of a rigorous academic/professional standard. Student should note that this is a 6-credit hour course reflecting the depth and breadth of work needed from them,
Option 2 (Taking Two Additional Electives)
Working students (with 2 years of experience and above) can choose any paired elective (MIBM / MFA / MLOM / MLHRM) of the following courses as electives in lieu of work based project to earn 6 CH as follows:
Career Boost and Professional Certifications
UD MBA in Finance & Accounting prepares sthe students for the career life as the program is aligned with international professional certifications & qualifications which will will give the graduatesprovide graduates with higher possibilities of placement in international companies and give them preferencecompanies, preference, and higher competitiveness among other job seekers. Below, are the international professional awarding bodies which are aligned to UD MBA in Finance & Accounting:
- Graduates will get exemption for 15 courses out of 17 to get CIMA qualification.
- Graduates will be awarded Advanced Diploma in Islamic Finance from CIMA.
- Graduates will be ready to appear for FRM examination.
- Graduates will be ready to appear for CFA Level 1 examination.