Sign In

Banking and Finance

​​​​Program Overview 

The banking and finance program at Dar Al-Hekma University offers a unique well-structured curriculum which prepares students for success in the dynamic financial world. The first in the region to offer an Islamic finance track, the program is keen on preparing young professionals for this fast- growing field. The students in the program start with core business courses to establish a strong foundational understanding of the business environment. Specialization courses are taught in the junior and senior years providing students with a deeper understanding of specialized areas such as investment banking, corporate finance, risk management, managerial accounting and financial modeling. 
Combining their academic and financial expertise gained through many years of experience in the industry, our faculty expose students to the realities of the market and work on enhancing their knowledge, skills, and critical thinking. 
The program aims at bridging the gap between theory and practice by offering many opportunities of exposure to real life practices through presentations and workshops by inspiring industry leaders, guest speakers, and educational trips. Students also participate in worldwide competitions, such as the CFA Research Challenge. 
 There is a high demand of our students in the financial job market which offers many career paths and opportunities. Our graduates start their careers with top employers including, Saudi Banks such as the National Commercial Bank, the Saudi British Bank, and international firms such as PricewaterhouseCoopers (PwC), Ernst & Young (EY), BMG Financial Group, and Unilever.
Those who opt to pursue their post-graduate studies are accepted by top international universities such as the School of Oriental and African Studies (SOAS) at the University of London the London School of Economics and Political Sciences (LSE), and Durham University


Tracks

Islamic Finance:​​​ Islamic finance has been introduced as a track in the banking and finance program to meet the requirements of the labor market and bridge the skill gap in this field. The Islamic financial industry has significantly grown attracting funds from all over the world and becoming a strong competitor to the conventional sector. Nevertheless, this growth has not been matched with the availability of qualified professionals. Hence, this new track will contribute to providing students with the necessary skills to prepare them academically and professionally to be able to handle the challenges faced by this dynamic field. Accordingly, the curriculum was developed using courses and teaching strategies which develop the students' analytical knowledge and skills. ​


Program Mission

To graduate professionals equipped with concepts and skills of international standards in banking, investment, and finance from both the conventional and the Islamic perspectives.​

Program Goals

  • Expand the banking and finance program in alignment with the job market needs.
  • Enrich the banking and finance profession by graduating qualified professionals.
  • Increase  research opportunities in the area of banking and finance.
  • Renew the National Commission of Academic Accreditation and Assessment (NCAAA) accreditation.
  • NCAAA accreditation for the banking and finance program.
  • Promote the banking and finance profession in the community.

Why Choose this Program at Dar Al-Hekma University?

  • The banking and finance curriculum combines theory and concepts with practical skills needed in the job market.
  • The program associates itself with the industry through strong links with prominent employers and  prepares its graduates to meet the requirements of the industry.
  • The curriculum was designed in collaboration with top national and international universities and developed by the Hass School of Business at the University of California Berkeley, USA and tailored specifically to the Saudi market by King Fahd University.
  • The program is  accredited  by the National Commission of Academic Accreditation and Assessment (NCAAA).
  • The faculty of the program are a mix of highly qualified international and national scholars who hold degrees from reputable world-class universities.​


​​​​

​​​​​ Programs​
​​T​OEFL Score​​
Required ​Certificate Percentage​​
Qudurat Test Score​​​
​Othe Admission Requirement
Bachelor​ of Banking and Finance (Track)
Bachelor​ of ​Islamic Finance (Track)
​500
​80%
​65%
None​


For further details about admissions,​click here

Learning Outcomes

Upon successful completion of this program, graduates will be able to:​​

Knowledge

  • Explain concepts, principles, and practices related to business.
  • Identify fundamentals and theories related to banking and finance from both the conventional and Islamic perspectives.
  • Recognize the implications of domestic and foreign influences on financial markets and financial institutions, from the general as well as the Islamic perspective.

Skills​

  • Demonstrate the ability to critically analyze, manage, and make decisions to deal with the challenges and complexities of the national and global business environments.
  • Use techniques and methods of inquiry to collect and interpret data to provide information that would support strategic decisions.
  • Demonstrate effective written and oral communication skills.
  • Apply appropriate techniques to evaluate various scenarios related to corporate finance, investment, commercial and Islamic banking, and risk management with emphasis on the Islamic perspective.
  • Demonstrate analytical and problem-solving skills to make financial decisions.

Value

  • Demonstrate an understanding of professional, ethical, legal, secure, and social issues and responsibilities.
  • Work independently and/or as part of a team.​
​​Year One
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

BBUS 1301Introduction to
Business
3MATH 1303Calculus3
MATH 1301College Algebra3BECO 1201Principles of
Microeconomics
2
BMKT 1301Principles of Marketing
Management
3
BACC 1301Principles of Financial
Accounting
3
ICTC 1301Information and Communication
Technology
3BBIS 1301Business Information
Systems
3
COMM 1301Communication Skills I
3BMGT 1301Principles of Management3
ARAB xxxxArabic Studies3ISLS xxxxIslamic Studies3
Total Credit Hours 18 Total Credit Hours 17
Year Two
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

BACC 2301Principles of Managerial
Accounting
3BBUS 2302Quantitative Analysis for
Management
3
BECO 2301Principles of
Macroeconomics
3BFIN 2302Financial Management3
BMGT 2302Human Resource
Management
3BMGT 2301Principles of Organizational
Behavior
3
BSTA 2301Statistics for Business3ARAB xxxxArabic Studies3
COMM 1302Communication Skills II3
ITAI 1201
Introdction to Artificial Intellig​ence 
2
ARTS xxxxArts and Design2XXXX xxxxRequired General Ed Electives
(HUMN, NASC, SBSC)
3
Total Credit Hours 17 Total Credit Hours 17
Year Three 
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

BMGT 3301International Business
Management
3BMGT 3304Strategic Management3
BMGT 3201Legal Environment
of Business
2BNFN 3307
Islamic Banking and Finance
3
BBUS 3302Research Methodology3BNFN 3305Risk Management
of Financial Markets
and Institutions
3
BNFN 3302Commercial Bank
Management
3EMOI 1201Emotional Intelligence2
BNFN 3303Investment Analysis
and Portfolio Management
3ISLS xxxxIslamic Studies3
ENTR 3301Entrepreneurship and
Design Thinking
3XXXX xxxxRequired General Ed Electives
(HUMN, NASC, SBSC)
3
Total Credit Hours 17 Total Credit Hours 17
Year Four
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

BBUS 4301Business Ethics and
Social Responsability 
3BNFN 4309
Investment Banking
3
BNFN4301Corporate Finance3BNFN 4303Internship: Banking and
Finance
3
XXXX xxxxSchool/Program Elective3BNFN 4304Financial Policy3
BBBF 1101Basic Body and
Brain Fitness
1XXXX xxxxFree Electives3
ISLS xxxxIslamic Studies2
XXXX xxxxFree Electives3
Total Credit Hours 15 Total Credit Hours 12

​​​Career Prospects


​​​​​​The program equips students with the necessary skills that qualify them for a variety of career paths/jobs in the market including, but not limited to: ​

  • Financial analyst
  • Banker
  • Financial manager/officer
  • Financial markets analyst
  • Fund/Investment manager
  • Financial advisor/consultant
  • Financial planner
  • Investment analyst
  • Investment banker
  • Insurance specialist/officer
  • Real estate manager
  • Stock broker
  • Portfolio manager
  • Bank manager/officer
  • Development banks/Institutions officer
  • Venture capital professionals
  • Sharia compliant specialist (Students from the Islamic track)​


Islamic Finance Track Plan of Study ​ ​

​​​​Year One
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

​BBUS 1301
Introduction to Business
3MATH 1303Calculus3
MATH 1301College Algebra3BECO 1201
Principles of Microeconomics
2
BMKT 1301
Principles of Marketing Management
3
BACC 1301
Principles of Financial Accounting
3
ICTC 1301
Information and Communication Technology
3BBIS 1301
Information Systems Foundations​
3
COMM 1301Communication Skills I
3BMGT 1301Principles of Management3
ARAB xxxxArabic Studies3ISLS xxxxIslamic Studies3
Total Credit Hours 18 Total Credit Hours 17

Year Two
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

​BFIN 2302
Financial Management
3BBUS 2302
Quantitative Analysis for Management
3
BACC 2301
Principles of Managerial Accounting
3IBNF 2302
Introduction to Islamic Banking
and Finance ​
3
BECO 2301 ​
Principles of Macroeconomics
3BMGT 2301
Principles of Organizational
Behavior
3
BSTA 2301Statistics for Business3ARAB xxxxArabic Studies3
COMM 1302Communication Skills II3
ISLS XXXXIslamic Studies2
ITAI1201Introduction to Artificial Intelligence ​
2XXXX xxxx
Required General Ed Electives
(HUMN, NASC, SBSC)
3
Total Credit Hours 17 Total Credit Hours 17
Year Three 
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

​BMGT 3301
International Business
Management
3BMGT 3304Strategic Management3
IBNF 3302​
Intermediate Islamic Banking 
and Finance
2BNFN 3304Investment Banking3
BFIN 3301​
Financial Modeling3BBUS 3302 ​
Research Methodology
3
BNFN 3302
Commercial Bank
Management
3EMOI 1201Emotional Intelligence2
BNFN 3303
Investment Analysis
and Portfolio Management
3IBNF 3303​
Islamic Commercial Law 3
ENTR 3301
Entrepreneurship and
Design Thinking
3XXXX xxxx
Required General Ed Electives
(HUMN, NASC, SBSC)
3
Total Credit Hours 17 Total Credit Hours 17
Year Four
Semester – Fall Semester – Spring

Course Code

Course Title

Credit Hours

Course Code

Course Title

Credit Hours

​BBUS 4301
Risk Management of Islamic Financial Institutions​
3IBNF 4204​
Sukuk - Structuring, Practices and Operations
3
IBNF 4302​​
Islamic Capital Markets and Asset Management 3BNFN 4303
Internship: Banking and
Finance
3
XXXX xxxxSchool/Program Elective3BNFN 4304Financial Policy3
BBBF 1101
Basic Body and
Brain Fitness
1XXXX xxxxFree Electives3
ISLS xxxxIslamic Studies2
XXXX xxxxFree Electives3
Total Credit Hours 15 Total Credit Hours 12

Dr. Karima Saci

Chair - Assistant Professor

Hekma School of Business and Law

Dr. Layla Hussin Khoja

Assistant Professor

Hekma School of Business and Law

Ms. Saida Khalifa

Lecturer

Hekma School of Business and Law

accredited

Key Facts

Program Name

Banking and Finance


Academic Degree

Bachelor


Credit Hours

130


Program Length

4 Years


Mode of study

Full time

Dr. Karima Saci

Chair, Finance & Accounting Department; Director, Banking & Finance Program; Accreditation


PhD, Banking & Finance, Liverpool John Moores University, UK, 2006

MSc, International Banking & Finance, Liverpool John Moores University, UK, 2001

BSc, Finance (Hons.) A El-Telidji University, Algeria, 1998

Post Graduate Certificate in Teaching & Learning in Higher Education, 2013

For an optimal experience please
rotate your device to portrait mode