FAD seeks to provide a quality education to students that will prepare them for leadership positions within the finance profession. It helps students to understand the process of integration and the application of core competencies and skills in business.
In addition, it provides students with an education that emphasizes the concepts of financial management, investment problems, capital markets, business ethics and decision making strategies. Moreover, FAD plans to provide students with strong undergraduate foundation in the theory and application of finance and accounting, building upon a liberal art and science education, where we can cultivate independence, critical thinking and sense of responsibility.
Basically, our objectives are to enhance student's learning process through applied research, while recognizing the contribution of basic research. Also, prepare students to identify, analyze, and understand the interrelationships among business organizations and international, governmental, and domestic institutions in Egypt, the Middle East and throughout the world. Finally, FAD wants to help students to make professional certificate examinations such as CFA, CMA etc.
Program Map1-Program Title: Finance and accounting
2-Intended Learning Outcomes
2-1 Knowledge and Understanding
- State some of the contexts in which accounting and finance can be seen as operating (examples of contexts include the legal, ethical, social and natural environment the accountancy profession the business entity the capital markets the public sector).
- List the main current technical language and practices of accounting (for example, recognition, measurement and disclosure in financial statements managerial accounting auditing taxation) in a specified socio-economic domain.
- Relate the major theoretical tools and theories of finance, and their relevance and application to theoretical and practical problems (e.g. concept of arbitrage and examples of its use financial mathematics and capital budgeting criteria informational efficiency).
- Recall the skills in recording and summarizing transactions and other economic events preparation of financial statements analysis of the operations of business (for example, decision analysis, performance measurement and management control) financial analysis and projections (for example, analysis of financial ratios, discounted cash flow analysis, budgeting, financial markets).
- State the contemporary theories and empirical evidence concerning accounting in at least one of its contexts (for example, accounting and capital markets accounting and the firm accounting and the public sector accounting and society accounting and sustainability) and the ability to critically evaluate such theories and evidence.
2-2 Intellectual Skills
- Recognize the relationship between financial theory and empirical testing, and apply this knowledge to the appraisal of the empirical evidence in at least one major theoretical area.
- Explain the financing arrangement and governance structures of business entities, and interpret how theory and evidence can be combined to assess the effectiveness and efficiency of such arrangements.
- Tell the factors influencing the investment behavior and opportunities of private individuals.
- Appraise the financial service activity in the economy, and appraise how finance theory and evidence can be employed to interpret these services.
2-3 Professional/Practical Skills
- Interpret financial data including that arising in the context of the firm or household from accounting statements and data generated in financial markets.
- Propose the critical evaluation of arguments and evidence.
- Analyze and draw reasoned conclusions concerning structured and, to a more limited extent, unstructured problems from a given set of data and from data which must be acquired by the student
- Assemble, extract and analyze data from a multiple sources, including the acknowledgment and referencing of sources.
- Organize and manage the financial and other numerical data to appreciate statistical concepts at an appropriate level.
2-4 Transferable/Key Skills
- Capacities for independent and self-managed learning.
- Skills in the use of communications and information technology in acquiring, analyzing and communicating information (currently these skills include the use of spread sheets, word processing software, online databases).
- Communication skills including the ability to present quantitative and qualitative information, together with analysis, argument and commentary, in a form appropriate to the intended audience.
- The ability to work in groups, and other interpersonal skills, including oral as well as written presentation skills.