DEGREE: BACHELOR OF BUSINESS ADMINISTRATION IN FINANCE
Summary of Cources
|Core (Professional) Courses in Business Administration||71|
Structure and Degree Requirements for Graduation
In order for AUCA student to graduate with the degree of Bachelor of Business Administration (Major: Finance), he/she should complete the requirements as outlined in the table below and as described.
General Education Courses
For the general education courses, check the section of general education requirements for details.
Core (Professional) Courses
For the core (professional courses) in Business Administration, check the section of core or professional courses.
General Education Courses: 36 Credits
|Course Code||Name of the Course||Credits|
|ACCT||111||Principles of Accounting I||3|
|*ECON||112||Introduction to Economics||2|
|**PSYC||112||Introduction to Psychology||2|
|***EDPC||215||Human Developmental Psychology||3*|
|EDRE||113||Study and Research Methods||2|
|ENGL||114||English I: English Language and Grammar||2|
|RELB||116||Introduction to Bible Study||2|
|ENGL||122||English II: Writing Skills||2|
|INSY||124||Micro Computer Application||3|
|ENGL||211||English III: Communication Skills||2|
|RELT||221||Philosophy, Science and Religion||2|
* is not taken by students of Business Administration.
** is only taken by students of Business Administration and students of Theology
*** is only taken by students of Theology
Major Courses in Finance
|Course Code||Course Title||Credits|
|ACCT||219||Intermediate Accounting I||3|
|ACCT||229||Intermediate Accounting II||3|
|FNCE||311||Principles of Finance||3|
|FNCE||312||Financial Market Institution||3|
|FNCE||321||Investment Analysis and Portfolio Management||3|
|FNCE||329||Money and Banking||3|
|FNCE||411||Intermediate Corporate Finance||3|
|ACCT||421||Management of Financial Institutions||3|
List of Core (Professional) Courses
|Course Code||Name of the Course||Credits|
|MGMT||127||Principles of Management||3|
|ACCT||126||Principles of Accounting II||3|
|MKGT||227||Principles of Marketing||3|
|BSAD||315||Human Resource Management||3|
|BSAD||214||Business Law I||3|
|BSAD||223||Business Law II||2|
|INSY||226||Management Information System||3|
|BSAD||322||Business Research Method||3|
|INAT||323||Internship (Industrial Attachment)||3|
|BSAD||415||Production and Operation Management||3|
|BSAD||422||Research Project (Memoire)||6|
DESCRIPTION OF MAJOR/CONCENTRATION COURSES IN FINANCE
ACCT 214 Intermediate Accounting I 3 credits
A review of the basic accounting concepts and principles with the objective of acquiring broader perspective in the area of financial statement preparation, current assets and their related revenue accounts. The course includes accounting concepts and principles in the area of non-current assets, current and non-current liabilities, stockholders equity and the related revenue and expense accounts and also the statement of changes in financial position. Prerequisite: ACCT 125.
ACCT 224 Intermediate Accounting II 3 credits
As a continuation of Intermediate Accounting I, this course deals with a study of accounting concepts and principles in miscellaneous topics such as accounting for pension and post retirement benefits. Also covered in this course are accounting changes and error analysis, basic financial analysis and full disclosures in financial statements. Prerequisite: ACCT 214.
ACCT 329 Taxation 3 credits
A study of the general principles of income taxation as it applies to individuals, proprietorships and corporations, and the tax structures in Rwanda. Students are required to prepare income tax returns for individuals and corporations. Value added tax, transfer tax, and other related topics are also covered in this course. Prerequisite: FNCE 316.
FNCE 319 Principles of Finance 3 credits
This course is an introduction to financial management techniques. Topics include: forms of business organizations, time value of money, valuation of stocks and bonds, cost of capital, capital budgeting analysis, flow of funds, ratio analysis, working capital, various sources of corporate funds, international financial management, and other topics associated with successful business finance decisions in an internationally competitive environment. Prerequisite: ACCT 224.
FNCE 312 Financial Market Institution 3 credits
The course covers investigation and analysis of organization, structure and performance of money, capital market and institutions. It also covers the impact of financial institutions on the allocation of funds to various sectors of the economy, analysis of the intermediary process, determination of interest rates in the financial markets, regulation of the financial industry, and the role of financial instruments. The students are expected to become familiar with current events in the financial news. Prerequisite: ECON 216.
FNCE 324 International Finance 3 credits
The subject examines the financial operations of the firm from the international point of view. Topics include exchange rate determination, foreign exchange risk management (hedging techniques B forward/ futures, options and swaps), international financial markets (bond & equity and foreign exchange rate), and balance of payment, trade documentation and international budgeting. This course is set up so as to enable the learner to be able to well integrate themselves with the recent trends as far as globalization and finance is concerned. International finance as a course attempts to provide a comprehensive introduction to issues related to the recent integration of financial institutions on the global platform. Prerequisite: FNCE 319.
FNCE 321 Investment Analysis and Portfolio Management 3 credits
The course will introduce students to the investment management process. The coverage will include an introduction to modern portfolio theory, a study of capital asset pricing model (CAPM), asset pricing models (APM), security valuation principles and practices, efficient markets, stock and bond valuation models, fundamental vs technical analyses, trading practices, performance evaluation and an introduction to the role of futures and options in hedging and speculations. Prerequisite: ACCT 214.
FNCE 411 Intermediate Corporate Finance 3 credits
This course provides an in depth treatment of working capital analysis, cash budgeting, receivable management, credit policy, Inventory management, long term financing decisions including sources of long term funds and financial leverage. Prerequisite: FNCE 319.
FNCE 428 Advanced Corporate Finance 3 credits
The course familiarizes students with most important tools, concepts and topics in the areas of corporate finance. It provides in depth treatment of working capital analysis, long term financing decisions including sources of long term funds, financial leverage, measurement of cost of capital, capital budgeting decision methods, projects cash flow analysis, risks in capital budgeting, optimal capital budget, and lease financing. Prerequisite: FNCE 411.
ACCT 416 Management of Financial Institutions 3 credits
This course examines the major financial management issues confronting depository financial service firms. Specific topics include: asset and liability management techniques, profitability analysis and management of various risk areas such as interest rate risk, liquidity risk, capital management, and financial engineering s a management tool for financial institutions. Other topics include lending decisions and pricing of services and strategies of maintaining profitability and liquidity. Prerequisite: BSAD 324.
FNCE 316 Money and Banking 3 credits
The nature and qualities of money, commercial banking, operation and controls of central banks such as the National Bank of Rwanda, the U.S. Federal Reserve System, money and credit circulation, and effects of monetary policies. Prerequisite: ECON 216.