BACHELORS OF BUSINESS ADMINISTRATION

Major FINANCE

FIN 410 Commercial BankingFIN 420 Investment BankingFIN 430 Analysis of Financial StatementsFIN 440 BudgetingFIN 460 Development EconomicsFIN 470 Multinational Financial ManagementFIN 480 Derivatives Investment

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Course Title: Commercial BankingCourse Code: FIN 410Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260

Aims and Objectives:

The purpose of this course is to familiarize the students with various practical aspects of commercial banks,

their nature, significance, modus operandi, etc. It covers the different departments into which the operations

of banks are divided and the interrelationship that exists between them.

Course Outlines:

1. Introduction to Bank Management Banking Structure Bank’s Financial Statements

2. Basic Asset, Liability and Capital Decisions Bank’s Reserve Needs Bank’s Liquidity Needs Managing the Security Portfolio Acquisition and Cost of Bank Funds Capital Planning Adequacy and Generation Capital Acquisition and Management

3. Managing the Loan Portfolio The Bank Credit Organization Lending Principles and the Business Commercial Lending Consumer Lending

4. Special Markets Agricultural Loans Real Estate Loans Small Business Loans Lease Financing

RECOMMENDED TEXTBOOKS:

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“Bank Management - Text and Cases”, by Hempel, Simonson & Coleman, (4th Edition), John Wiley & Sons, 1994.

“Modern Banking in Theory and Practice”, by Shelagh Heffernan, John Wiley & Sons, 1996. (Latest Edition)

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Course Title: Investment BankingCourse Code: FIN 420Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260

Aims and Objectives:

An advanced level course in finance and security analysis. The course goes deep into the concept and

application of valuation as it applies to the process of buying and selling of the portfolio theory as it applies

to the setting up of mutual funds. The regulations concerning buying and selling of securities are also

discussed.

Course Outlines:

1. Investment Banking Today2. Global Market Integration3. Raising Capital4. Initial Public Offering5. Emerging Growth Companies6. Capital Financing7. Leveraged Buyouts8. Mergers and Acquisitions9. Investment Management in an Investment Banking Firm10. Commercial Papers11. Innovative Instruments and Transactions12. Tax-exempt Securities Market13. The economies of Brokerage14. Investment Banking

Recommended Textbooks:

”Inside Investment Banking”, by Block , E.,, Homewood, ILL . Dow Jones – Irwin, 1986

“Investment Banking Handbook”, by Williamson , J. P.,, New York : Wiley, 1986. “Financial Institution Management: A modern perspective”, by Anthony Saunders –

Irwin.

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Course Title: Analysis of Financial StatementsCourse Code: FIN 430Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260

Aims and Objectives:

The objective of the course is to prepare the students in accounting and analytical techniques in order to enable them to see through the final reports for the hidden financial information. Create conceptual understanding regarding the mechanics of accounts behind the financial reports and their effects on the accounting results.

Course Contents:

1. Requirements of Financial Statement Analysis – The Raw material of Analysis Analysis of current assets Analysis of non-current assets Analysis of liabilities Analysis of stockholders’ equity Inter-corporate investments, business combinations and foreign operations Analysis of income statement Computation and evaluation of earnings per share Statements of changes in financial position Effects of price changes on financial statements Auditing considerations

2. Further Issues in Financial Statement Analysis Analysis of short-term liquidity Analysis of capital structure and long-term solvency Analysis of return of investment and of asset utilization Analysis of results of operations The evaluation and projection of earnings

3. Comprehensive analysis of financial statements

Recommended Books:

Ashwin & Sondhi, Analysis of Financial Statements. “Practical Financial Statement Analysis”, by Foulke, R.A. (6th Edition), New York:

McGraw-Hill, 1968.

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Course Title: BudgetingCourse Code: FIN 440Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260

Aims and Objectives:

The course will prepare the students for the managerial function of planning and control. It aims to acquaint them with various techniques and tools used for planning and application of controls. It will provide a conceptual platform for decision making

Course Outlines:

1. Budgeting, its objectives2. Preparation of Budgets for sales, productions, capital expenditures and

manufacturing expenses3. Budgeting commercial expenses4. Cash Budget5. Forecasted Balance Sheet and Income Statement6. Flexible Budgeting7. Responsibility Accounting8. Standard Costing9. The Nature of Break-even Analysis, Cost-Volume-Profit Analysis.10. Differential Cost Analysis, Application in case of Accepting additional

orders, Reducing prices Make or Buy decisions etc.11. Activity based costing12. Activity based budgeting

Recommended Textbooks:

Matz, Adolph and Usry, Milton F., Cost Accounting Planning and Control, Chicago, South-Western Publishing Co.

Kaplan, Robert, Advanced Management Accounting, New Delhi, Prentice Hall of India Private Limited.

Fischer, Paul M., Cost Accounting Theory and Applications Chicago, South-Western Publishing Co.

Maiz Usry, Cost Accounting Planning & Control, South-Western Publishing Co.

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Course Title: Development EconomicsCourse Code: FIN 460Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: ECO 160

Aims and Objectives:

The aim of this course to study special economic problems of developing economy in general. Economic

growth and planning for the economic development are discussed in particular.

Course Outlines:

1. Economics, Institutions, and Development: A Global Perspective How the other Three-Quarters Live. Economics and Development Studies. Economies as Social Systems: The Need to Go Beyond Simple Economics What Do We Mean by Development?

2. Diverse, Structures and Common Characteristics of Developing Nations Some Classifications of Developing Countries. The Structure of Third World Economies. Common Characteristics of Developing Nations.

3. Theories of Development: A Comparative Analysis Leading Theories of Economic Development: Five Approaches. The Linear-Stages Theory. Structural-Change Models The International-Dependence Revolution The Neoclassical Counterrevolution. The New Growth Theory Theories of Development : Reconciling the Differences

4. Historic Growth and Contemporary Development: Lessons and Controversies The Growth Game The Economics of Growth: Capital, Labor, and Technology The Historical Record: Kuznet's Six Characteristics of Modern Economic

Growth

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The Limited Value of the Historical Growth Experience: Differing Initial Conditions.

5. Growth, Poverty, and Income Distribution The Growth Controversy Some basic Concepts: Size and Functional Distributions of Income A Review of Evidence: Inequality and Absolute Poverty in Third World

Countries Economic Characteristics of Poverty Groups Income Levels, Growth, and the Extent of Poverty: The kuznets Hypothesis

and Other Tests Redefining Development Goals: Growth with Improved Income Distribution. The Role of Economic Analysis: Redistribution from Growth The Range of Policy Options: Some Basic Considerations

6. Population Growth and Economic Development: Causes, Consequences, and Controversies The Basic Issue: Population Growth and the Quality of Life. A Review of Numbers: Population Growth - Past, Present and Future. The Demographic Transition The Causes of High Fertility in Developing Countries: The Malthusian and

Household Models The Consequences of High Fertility: Some Conflicting Opinions Goals and Objectives: Toward a Consensus Some Policy Approaches

7. Unemployment: Issues, Dimensions, and Analyses The Employment Problem: Some Basic Issues Dimensions of Third World Unemployment: Evidence and Concepts Economic Models of Employment Determination

8. Urbanization and Rural-Urban Migration: Theory and Policy The Migration and Urbanization Dilemma Urban Unemployment Migration and Development Internal migration in Developing Nations: Some General Facts Toward an Economic Theory of Rural-Urban Migration

9. Agricultural Transformation and Rural Development The Imperative of Agricultural Progress and Rural Development Agricultural Stagnation and Growth, 1950-1990 The Structure of Third World Agrarian Systems The Important Role of Women The Economics of Agricultural Development: Transition from Peasant

Subsistence to Specialized Commercial Farming

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Toward a Strategy of Agricultural and Rural Development: Some Main Requirements

10. The Environment and Development Economics and the Environment Environment and Development: The Basic Issues The Scope of Environmental Degradation: A Brief Statistical Review Rural Development and the Environment: A Tale of Two Villages Traditional Economic Models of the Environment Urban Development and the Environment The Need for Policy Reform The Global Environment: Rain Forest Destruction and Greenhouse Gases Policy Options in Developing and Developed Countries

11. Education and Development Education and Human Resources Education in Developing Regions The Gender Gap: Women and Education The Economics of Education and Employment Education, Society, and Development: Some Issues

12. Foreign Finance, Investment, and Aid: Controversies and Opportunities The International Flow of Financial Resources Private Direct Foreign Investment and the Multinational Corporation Multinational Corporations: Size, Patterns, and Trends Foreign Aid: The Development Assistance Debate

Recommended Textbooks:

“Economics of Development”, by Gillis, M., D.H. Perkins, M. Roemer and D. R. Snodgras (1992), third Edition, New York: Norton & Company, Hereafter: GPRS

“Economic Development in third World”, by Todaro, Michael P. (1994).New York & London: Longman. Hereafter: Todaro

“Leading Issues in Economic Development”, Fifth Edition. New York: Oxford University Press. 5-15. Hereafter: Meier ,Chapter 1 and 2, by Todaro.

“Economic Development”, by Higgens, B. (1959), W.W.Norton & Company. INC. New York.

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Course Title: Multinational Financial ManagementCourse Code: FIN 470Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260

Aims and Objectives:

The course provides a conceptual framework wherein the key financial decisions of the multinational firms can be analyzed. The subject treats international financial management as a natural and logical extension of the principles learnt in the financial management course. The course builds on and extends valuation framework provided by domestic corporate finance to account for dimensions unique to international finance. It is particularly useful for those students who want to specialize as Financial Analyst in the world context and want to qualify professional examinations.

Course Contents:

1. Introduction: Multinational enterprise and multinational financial management

2. Environment of International Financial Management(i) The Determination of Exchange Rates (ii) The International Monetary System(iii) The Balance of Payments and International Economic Linkages(iv) The Foreign Exchange Market(v) Currency Futures and Options Market(v) Parity Conditions in International Finance and Currency Forecasting

3. Foreign Exchange Risk Management:(i) Measuring Accounting Exposure (ii) Managing Accounting Exposure(iii) Measuring Economic Exposure(iv) Managing Economic Exposure

4. Multinational Working Capital Management:(i) Financing Foreign Trade(ii) Current Asset Management(iii) Managing the Multinational Financial System

5. Financing Foreign Operations:(i) International Financing and International Financial Market(ii) Special Financing Vehicles(iii) International Banking Trends and Strategies(iv) The Cost of Capital for Foreign Investment

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6. Foreign Investment Analysis:(i) International Portfolio Management(ii) Corporate Strategy and Foreign Direct Investment(iii) Capital Budgeting for the Multinational Corporation(iv) The Measurement and Management of Political Risk

Recommended Textbooks:

Foundations of Multinational Financial Management: 1999 Edition by Allan C Shapiro: Prentice Hall

The Global Financial System: 2000 Edition by Dwight D Crane (Editor) Comparing Financial Systems: 2000 Edition by Frank Allen et al. International Finance: The Markets and Financial Management of Multinational

Business; 2000 Edition; by Mauric Levi Student Guide by Allen C Shapiro

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Course Title: Derivatives InvestmentCourse Code: FIN 480Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: FIN 260, QTM 220

Aims and Objectives:

Financial derivatives are techniques for using statistical theory to minimize risk and maximize profits in banking and other financial institutions. The course is concerned with pricing and hedging of derivative securities. This subject has undergone rapid a expansion over the last two decades. This rapid expansion can be partly explained by the realization by the financial institutions that the theory of derivative pricing can be used to great benefit for the hedging of risk associated with writing options. Now every major financial institution in Europe, North America and Asia trades or uses derivatives in one form or another. The course aims at providing knowledge underlying derivative pricing and a guide to applying these ideas to solve real pricing problems.

Course Contents:

Single Period Options Pricing Brownian Motion Martingate Stochastic Integration Girsanov and Martingate Representation Stochastic Differential Equation Option Pricing in Continuous Time Dynamic Term Structure Models Modelling in Practice Basic Instruments and Terminology Pricing Standard Market Derivatives Future Contracts Pricing ExoticAmerican and Path-Dependent Derivatives Short Rate Models Market Models Markov Functional Modelling Legal Risk: A Review of Case Laws affecting Swaps and related Derivatives

Instruments The Economics of Derivatives Documentation Risk Measurement Risk Oversight: the Board of Directors Role. Risk Oversight for Senior Managers.

Controlling Risk in Dealers Firmwide Risk Management: An Integrated Approach to Risk Management and

Internal Control

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Regulation: Functional Regulation. Functional and Institutional Interaction, Regulatory Uncertainty, and the Economics of Derivatives Regulation

Transparency and Disclosure. Derivatives Address. Position Transparency: What do we need to know? When do we need to know it?

Hedge Accounting: An Exploratory Study of the Underlying Items.

Recommended Textbooks:

Financial Derivatives in Theory and Practice: PJ Hunt, Joan Kennedy; Edition 2000: John Wiley

Derivatives Handbook: Risk Management and Control; Robert J Schwartz; Edition 2000; Wiley Series in Finance

Risk Management and Financial Derivatives: Satyajit Das; edition 2000 Options, Futures, and Other Derivatives (with Disk); John C Hull; edition 2001 Derivatives: the Wild Beast of Finance

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Major INFORMATION TECHNOLOGY

IT 420 System Analysis and DesignIT 425 Databases DesignIT 435 Advance Programming in ComputerIT 440 Computer Architecture and Operating

SystemsIT 460 Data Communication and Computer

Network

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Course Title: System Analysis & DesignCourse Code: IT 420Credit Hours: Three (3)Semester: Specialization for BBAPrerequisite: IT 110, IT 210

Aims & Objectives:

This course focuses on the understanding of system development life cycle and methods and techniques used to perform structured analysis and design of Information Systems. A project will also be assigned to individuals or groups. The purpose of the project is to make the students apply the techniques they have learned through out the course and get inside prospective of how Information Systems are developed.

Course Contents:

Intro to System AnalysisWho is a System Analyst?System Analyst as a Facilitator

System Analysis What is system design System Development Life Cycle System Development Life Cycle Information System Development Life Cycle (1st ed)

Feasibility Methodologyss Underlying Principles Structured Analysis Techniques Building Blocks Traits of an Analyst

Data ModelingAdvantages of Data ModelingEntity DiscoveryAttributes, Properties of DataData Modeling ( Key Based Model, Fully Attributed Model)Cases on Data Modeling(a) Student Registration(b) Order Processing System(c) Tours/ Travel agency

Process Modeling:Entities/ Agents, Process, Data Stores, Data Flows

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Common Errors Black Holes, MiracaleNetwork ModelingProcess Modeling(a) DFD(b) Symbols used for Modeling(c) Common DFD errors(d) Common Mechanical ErrorsData Model for the Group Project Discussion.Data Model for the Group Project Submission.(a) Cash & Bank System(b) Registration and Fee Slip Generation System(c) Costing System

Object Modeling: Class, Inheritance, Generalization, Super type, Sub Type, Objects, Relationships Multiplicity, Polymorphism Process of Modeling Case Modeling Design Input /Output Design Data Capture Issues for Input Design Internal Control for Input, GUI controls Proto Type Output Design (Reports) Output Media & Format Process Model for the Group Project Discussion. Process Model for the Group Project Submission. System Implementation Group Presentation of Project

Recommended Textbook:

System Analysis & Design by Jeffery L. Whitten, Lonie D. Bentley

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Course Title: Databases DesignCourse Code: IT 425Credit Hours: Three (2+1) (2 hours class and 2 hours lab)Semester: Specialization for BBAPrerequisite: IT 110, IT 210

Aims & Objectives:

This course is designed to provide the students an understanding in the theory and implementation of databases. Emphasis is on how to design information system and how to create relational databases. Extensive hands on DDL SQL.

Course Contents:

What are Databases What is a Database System File Structures and File Accessing Method: Types of Databases Overview of Databases Management System Architecture of Database Systems. Internal, External, Conceptual Level Database Administrator Distributed Databases Distributed Processing Data Communication Manager

What is a Table: (Field, Record)

Client Server (Getting SQL and Network accounts)

SQL (Select) Process of DBMS Functions of DBMS Benefits of DB Approach Utilities of DBMS Intro to Relational Databases

(Insert, Update, Delete)

Relational Database Domains and Relations User Defined, system Defined, Domains Constraint Properties of Relations Kind of Relations

Relational Data Integrity

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Candidate Keys, Foreign keys, Rules of Foreign Keys Nulls and effect of nulls on Foreign and Primary Keys

Create Structures of Databases (Base Tables, Views, Snap Shots ) Joins Reference Relational Operators Relational Algebra (Divide, Join, Union, Product, minus) SQL (Group Functions, Drop, Alter, Union, Intersection, Cascade Options)

SQL (Distinct, Order by, Alias) SQL (Nested SQL, Group Functions)

Database Design Normalization (1st, 2nd, 3rd) Entity Relationship Diagrams

Recovery Transactions, Transaction Recovery Acid Properties System Recovery Media Recovery, Two Phase Commits

Concurrency Three Concurrency Problem Locking, Deadlocking Security Integrity

Integrity Rule Domain Rule Attribute Rule Database Rule Check, Reference, Trigger DBA on Oracle

Recommended Textbook:

Database Systems by C. J. Date.

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Course Title: Advance Programming in ComputerCourse Code: IT 435Credit-hours: Three (2+1) (2 hours class and 2 hours lab)Semester: Specialization for BBAPrerequisite: IT 160

AIMS & OBJECTIVES:

To cover in depth the most current programming techniques in the context of object oriented paradigm. In

this course the students will apply C++ effectively in data abstraction and object oriented design.

COURSE CONTENTS:

1. Structures: Structure specification Structure definition Accessing structure elements

2. Special type of Functions: Virtual Functions, Friend Functions, Static Functions

3. Files and Streams: Streams, string I/O Character I/O Object I/O I/O with multiple objects File pointer, disk I/O with member functions Error handling, redirection of input and Output Command line arguments, printer output

4. Introduction to object Oriented Programming: Advantages of object oriented approach Objects, class, Inheritance, reusability Creating new data types, polymorphism, overloading

5. Dealing with Classes and objects In C++: Specifying and using classes and objects Constructors and destructors Objects as function argument Returning objects from functions

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6. Operator overloading: Overloading unary operators Overloading binary operators Data conversion Pitfalls of operator overloading

7. Inheritance Derived and base classes Derived class constructors Overriding member functions Class hierarchies Public & private inheritance Levels of inheritance Multiple inheritance

RECOMMENDED TEXTBOOK:

Kip R Irvine, C++ and object oriented programming.

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Course Title: Computer Architecture and Operating SystemsCourse Code: IT 440Credit Hours: Three (2+1) (2 hours class and 2 hours lab)Semester: Specialization for BBAPrerequisite: IT 110

Aims & Objectives:

This course deals with two areas (a) Operating Systems (b) Computer Architecture. The first part is an overview of computer architecture, and the second part deals with the understanding and functioning of operating systems. The aim of the course is to learn how these programs control and manage the devices on the computer. The course is going to have hands on training on some basic functions of the operating systems like Unix, Windows and NT.

Course Contents:

1. Architecture

2. Introduction of Computer System Architecture Evolution of Computers Hardware and firm Ware Computer Software

3. Basics of Computer architecture (computer structures) Types of Computers and future trends computer instruction set Addressing modes and instruction Types

4. Input/output Design Programmed I/O, standard I/O unconditional programmed I/O Interrupt I/O computer organization

5. Operating System

6. Functions and Structures of an Operating System.

7. Responsibility of an operating System

8. Process Management/ Scheduling Techniques

9. C.P.U scheduling alghorithims

10. Memory Management Techniques Virtual Memory

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11. File Management

Recommended Textbooks:

Rafiq-uzzaman and Chandra Galgotia, Modern Computer Architecture. Abrahm Silberschatz, Peter Galvin, Operating System Concepts.

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Course Title: Data Communication and NetworksCourse Code: IT 460Credit Hours: Three (2+1) (2 hours class and 2 hours lab)Semester: Specialization for BBAPrerequisite: IT 110

Aims & Objectives:

This course is designed to provide the students an understanding of computer networks and data communications. The students would study different types of topologies and protocols and implement the network component of applications.

Course Contents:

Computer Networks Communication System Devices Channel characteristics Transmission Modes, Modulation Modems Network Architecture Layered Protocol ISO Reference Model TCP/IP RS-232-c and RS-449 X.21 Error Detection and Correction LAN IEEE 802 Packet Switching, Segmentation, Re-assembly Virtual Circuits and Datagrams X.25 Flow and congestion control Routing Transport services Network Security and Management File Transfer and Access Management E-mail, Internet and virtual terminals.

Recommended Textbooks:

John R. Freer, Computer Communications and Networks, IEEE Fred Halsall, Data Communication, Computer Networks and open systems

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Course Title: Software Application in BusinessCourse Code: IT 161Credit Hours: Three (2+1) (2 hours class and 2 hours lab)Semester: Second SemesterPrerequisite: Nil

Objectives:

In this highly technologically advanced and competitive job market, each graduating MBA students will encounter a number of software applications installed on the computer desktop as soon as they start their new career. This course ill familiarize them with the management aspect of the most common software used in the industry today.The students will be required to find a business which could benefit from one of these software packages and implement it for that company.

Emphasis of this course is to prepare the student to Familiar and use these software packages with ease and comfort. Make informed decisions as manager in a corporate environment.

Core Components Include

Advanced Microsoft, Office (Word, Excel, Power Point, Project) Tips and Techniques

Using Contact Management software as MS-Outlook/Exchange Document Management Via Lotus Notes Planning and implementation, Management and Using the HRM model of my

SAP. Over view of Accounting software, QuickBooks (Small Business), Peachtree

Accounting (Medium sized Business) and mySAP Accounting (Large Business). Overview of People soft HRM software, mySAP HRM Module mySAP Business Management Module E-mail, Internet and virtual terminals.

Recommended Textbooks:

Microsoft Office Tips and Techniques Baic Lotus Notes mySAP for Managers Basic Quickbook tips and techniques Basic Peach Tree Tips and techniques Managing with Peoplesoft

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