DESCRIPTION OF MAJOR/CONCENTRATION MODULES IN FINANCE
FNCE 8221 Principles of Bank Management 10 credits
The module deals with introduction to banking and financial services, financial Statements and Financial Firms performance, Tools for managing and Hedging against Risk, Managing Investment portfolios and liquidity positions for financial firms, managing sources of funds for financial firms and providing loans to business and consumers. Prerequisite: FNCE 8314 Investment Analysis
FNCE 8222 Personal Financial Planning 10 credits
Personal and family accounts, budgets and budgetary control, bank accounts, charge accounts, borrowing, investing, insurance, standards of living, renting or home ownership, and wills and trust plans. During this module, students will learn the ins and outs of individual financial journey in a fun and unique way as a travel itinerary. Students will be provided with everything they need to understand the spending habits, chart the progress, grow the current savings and achieve personal dreams. This module is broken up into three parts: Plan, Execute and Travel. Plan: maintain checking and savings accounts, create assessments in order to understand the financial standing and create a foundation for financial standing. Execute: manage debt, build and manage credit score as well as balance accounts for future financial security. And finally, Travel: Live dream by generating wealth and controlling spending, making sound investments in stocks and bonds, and even begin starting and growing retirement accounts. Prerequisite: ACCT 8121 Principles of Accounting II
ACCT 8224 Intermediate Accounting II 10 credits
As a continuation of Intermediate Accounting I, this module 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 module are accounting changes and error analysis, basic financial analysis and full disclosures in financial statements. Prerequisite: ACCT 8211 Intermediate Accounting I
ACCT 8311 Taxation I 10 credits
The module covers theory of taxation, taxation of income of persons, capital deductions, tax-administration of income tax, administration of value added tax, administration of customs taxes and excise taxes, taxation of specific sources of income.Prerequisite: BSAD 8212 Business Law
FNCE 8312 Money and Banking 10 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 8214 Macroeconomics
FNCE 8314 Investment Analysis 10 credits
The module Investment Analysis provides your insight into the decision making process that is involved with the buying and selling of financial assets (i.e. securities). The module addresses four main areas of interest: 1.the background against which investment decisions are taken, including the functioning of financial markets, 2. the main contemporary investment theories, 3. the valuation of stocks and bonds, and 4. portfolio management. The module provides you with a thorough understanding of capital markets, which belongs to the core knowledge base of finance professionals that either operate in a corporate environment, or at financial institutions. The module will relate to several concepts that are discussed in the modules International Intermediate Accounting, Financial Risk Management, and Behavioral Finance, which are also part of the minor International Finance and Control. Overall, these four modules present you the cornerstones of International Finance. Prerequisite: ACCT 8121 Principle of Accounting II