DEGREE: BACHELOR OF BUSINESS ADMINISTRATION IN                                                                         FINANCE

Summary of Cources

Rubrics Credits
General Education 34
Core (Professional) Courses in Business Administration 71
Major (Concentration) 33

                         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
ENGL 100 English Level 0
FREN 100 French Level 0
MATH 100 Math Level 0
INSY 100 Keyboarding 0
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
FREN 115 French I 2
RELB 116 Introduction to Bible Study 2
STAT 121 Descriptive Statistics 3
ENGL 122 English II: Writing Skills 2
FREN 123 French II 2
INSY 124 Micro Computer Application 3
RELT 125 Bible Doctrines 3
ENGL 211 English III: Communication Skills 2
FREN 212 French III 2
HELT 213 Health Principles 2
RELT 221 Philosophy, Science and Religion 2
TOTAL            36

* 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 313 Investment 3
FNCE 321 Investment Analysis and Portfolio Management 3
ACCT 328 Taxation 3
FNCE 329 Money and Banking 3
FNCE 411 Intermediate Corporate Finance 3
FNCE 412 Advance Corporate 3
ACCT 421 Management of Financial Institutions 3
Total     33

List of Core (Professional) Courses

Course Code Name of the Course Credits
MGMT 127 Principles of Management 3
MATH 111 Business Mathematics 3
ACCT 126 Principles of Accounting II 3
ECON 217 Microeconomics 3
MKGT 227 Principles of Marketing 3
BSAD 315 Human Resource Management 3
ECON 225 Macroeconomics 3
BSAD 214 Business Law I 3
BSAD 223 Business Law II 2
BSAD 222 Business Communication 3
STAT 216 Inferential  Statistics 3
INSY 226 Management Information System 3
BSAD 322 Business Research Method 3
INAT 323 Internship (Industrial Attachment) 3
ACCT 324 Managerial Accounting 3
BSAD 413 Financial Management 3
BSAD 325 Project Management 3
BSAD 314 Entrepreneurship 3
BSAD 415 Production and Operation Management 3
BSAD 414 Organizational Behavior 3
BSAD 412 Business Ethics 3
BSAD 423 Strategic Management 3
BSAD 422 Research Project (Memoire) 6
Total     71



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.