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Department Mission Admission to the Department Academic Majors Faculty and Staff Academic curriculum Course structures Degree Requirements
Department of Finance and Marketing
Introduction

The Department of Finance and Marketing at PSC offers three undergraduate programs in Finance, Marketing, and Accounting.  The expected duration of each program is four years.  Entry into these three programs is possible only after the successful completion of the courses in the orientation year.  The main goal of the orientation year is to improve the student’s English language, to strengthen the student’s mathematical skills and to introduce the student to basic computer knowledge and operation.
The Finance, Marketing and Accounting programs were developed taking into account the needs of the local community, the interdisciplinary nature of the subjects, the ever-changing nature of development in these fields.  In addition, various criteria were applied and results analyzed for:

·    The contents and structures of three universities in Saudi Arabia;

·    The contents and structures of twenty U.S. business programs which include the top ten undergraduate business programs in the U.S. as reported by “US News & World Report” and ten second-tier U.S. undergraduate business programs.

·   The recommendations and accreditation standards of the leading international body in business administration including accounting, which is “AACSB – The International Association for Management Education”, are observed.  The criteria are set in the “Standards for Accreditation – Business Administration and Accounting” January 20, 1999 reprint.  

 

Department Mission 

The mission of the Finance and Marketing Department is to offer a unique and rigorous education in business that responds to the rapidly changing needs of the domestic and regional communities for highly qualified manpower.  It recognizes that rigorous practices and managerial skills are essential to today’s fast-changing world of business. 

Admisssion to the Department 

Admission into the Department of Finance and Marketing depends on (a) satisfactory performance in the orientation year and (b) other conditions that may be set by the department from time to time.

Structure of the Business Programs  

To earn a Bachelor of Science in Finance, Marketing, or Accounting, a student is required to complete a minimum of 129-credit hours of course work.  These credit hours are as follows:

Academic Majors:  

1.  Accounting 

(B.S. in ِAccounting)    
Introduction

   The accounting program provides a high-quality training and education in accounting.  The program is designed to furnish students with the necessary background and adequate skills for undertaking a variety of accounting occupations.

The program provides an opportunity to obtain a comprehensive foundation in accounting, and advance knowledge in specific accounting and other business related areas, such as financial accounting, managerial accounting, auditing, accounting information systems, macro- and micro-economics, information technology, marketing and statistics.

Objectives    
The  program is designed to provide the students with the following:   

  • a theoretical knowledge as well as practical skills in the following accounting areas: financial, managerial, information systems, auditing, “zakat” and taxation.
  • a solid background in accounting and other related areas to qualify them for future careers and pursuit of graduate study.
  • intellectual, interpersonal and communication skills.
  • necessary skills to be able to undertake a variety of accounting occupations.

  Career Opportunities

  • Graduates are expected to possess the skills necessary to undertake a variety of accounting occupations in the private sector, public accounting, government, and non- profit organizations.
  • Graduates will posses the technical skills necessary for passing professional qualification exams (e.g., SOCPA, CPA, CMA) that are essential for professional growth.
  • Graduates are expected to have the necessary foundation enabling them to pursue graduate study.

2. Finance 

                  (B.S. in Finance)

Introduction  

The Bachelor of Science in Finance program provides students with the knowledge that qualifies them to pursue a broad range of careers.  The program offers three tracks to choose from: real estate, insurance and investment.  In addition, internship in finance provide students with an opportunity to obtain career-related job experience through full or part time employment. The program recognizes that  rigor and precision are essential in the financial practices of  today’s financial institutions.

Upon graduation, finance students will acquire knowledge in different fields of study and various functional areas of finance:  financial management, financial assets, investment securities, financial institutions, technical financial skills, computer and statistical skills and insurance and real estate management.

  Objectives    
The Finance program aims to achieve the following objectives:

  • Sharpening the student’s analytical and problem-solving skills in corporate finance, investment, insurance and real estate.

  • Keeping the student in touch with the most up-to-date technologies and information systems by providing access to computerized databases, internet resources, and  financial software.

  • Developing and improving the student’s oral and written communication skills through course work, class presentations and writing assignments.

  • Encouraging the spirit of teamwork and enhancing interpersonal skills through teamwork and group activities in class assignments.

 Career Opportunities

  • Positions in financial management in business and non-business organizations.

  • Positions in insurance and real-estate establishments.

  • Financial, credit, loan and investment analyst.

  • Financial planner and marketer of financial instruments and services.

  • Financial consultant and project financial manager.

  • Pursuing graduate studies and preparing for professional exams such as CFA and CCM.

 The above opportunities are usually available in the finance departments of business firms, governmental agencies, brokerage houses and investment banks, or the investment departments within commercial banks, insurance companies, commercial banks, real estate firms, financing companies, or financial consulting firms.

3. Marketing 

                  (B.S. in MARKETING)

Introduction  

Marketing is pervasive in our society and its philosophy, principles, and techniques are applicable to every conceivable type of organization.  Several decades ago, marketing career opportunities were found in organizations such as manufacturers, retailers, wholesalers, consulting firms and advertising agencies.  Today, opportunities can be found also in many types of services such as non-profit organizations.  These include: hospitals, financial institutions, local authorities, government organizations, museums, sport programs, charities, the hospitality and tourism industry, and education.

 Marketing is the process through which organizations discover and study the needs of the target customers and design, price, promote and distribute goods, services and ideas that satisfy these needs.

 The Marketing major prepares students to practice marketing in today’s highly dynamic and challenging environments.  Specifically, the program covers a wide range of subjects needed for successful management such as: consumer behavior, product promotion, sales and sales management, marketing channels, global marketing, marketing research, direct marketing and Internet marketing, services marketing and marketing for non-profit organizations.  In addition to these subjects, students majoring in marketing need to be familiar with such disciplines as psychology, sociology, quantitative analysis, accounting, economics and communication.  The Marketing curriculum is designed with these needs in mind.

  Objectives    
The primary objectives of the Bachelor of Science in Marketing Program are:

  • To provide students with an understanding of the basic and evolving concepts of  marketing with specific emphasis on emerging techniques and technologies.

  • To equip students with sufficient skills for innovative marketing in a highly competitive environment.

  • To develop the knowledge, skills and competence required for the administration of the marketing activities of a business firm.

  • To help students develop their communication and interpersonal skills, encourage the spirit of teamwork and sharpen their analytical and problem solving skills and intellectual abilities.

  • To provide students with the necessary background in marketing and other related disciplines to prepare them for the pursuit of graduate studies.

 Career Opportunities

The graduates of this program are expected to find employment in the following working areas: 

  • Positions in marketing, sales and purchasing departments in all types of organizations.

  • Marketing specialists, marketing information and research specialists, and consumer analysts.

  • Merchandising, distribution and brand management.

  • Positions in advertising and public relations departments in all types of organizations.

  • Positions in government organizations such as service ministries to market ideas and programs and plan and execute such plans.

  • Consultancy and teaching positions in public and private institutions.

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Faculty & Staff:    

  • Dr. Osama F. Al-Heizan             (Chairman of the Department)
  • Dr. Ismail A. Elshanaway           (Associate Professor)
  • Mr. Faisal Rashid                       (Senior Lecturer)
  • Mr. George Thomas                   (Senior Lecturer)
  • Mr. Munir Ahmad Shaiq            (Dept. Secretary)  
ACADEMIC CURRICULUM:
Structure of the Business Programs.

To earn a Bachelor of Science in Finance, Marketing, or Accounting, a student is required to complete a minimum of 129-credit hours of course work.

Structure of the Accounting  Program.

To obtain a BS in Accounting,  a student is required to complete 129 credit hours of course work.

 

  Accounting Course Prerequisites Diagram.

 

Suggested Study Plan.

 

Structure of the Finance Program .

 

 Finance Course Prerequisites Diagram.

 

Suggested Study Plan.

 

  Structure of the Marketing Program  .

 

 Marketing Course Prerequisites Diagram.

 

Suggested Study Plan.

 

 

  DEGREE REQUIRMENTS

1.  Accounting 

 The Department of Finance and Marketing offers a flexible curriculum that leads to a Bachelor of Science degree in Accounting. Students seeking a degree in this field are required to take a minimum of 129 semester hours from the framework of courses that are prescribed by the Department. The expected duration of the program is eight semesters.

2.  Finance 

 The Department of Finance and Marketing offers a flexible curriculum that leads to a Bachelor of Science degree in Finance. Students seeking a degree in this field are required to take a minimum of 129 semester hours from the framework of courses that are prescribed by the Department. The expected duration of the program is eight semesters.

3.  Marketing

 The Department of Finance and Marketing offers a flexible curriculum that leads to a Bachelor of Science degree in Marketing. Students seeking a degree in this field are required to take a minimum of 129 semester hours from the framework of courses that are prescribed by the Department. The expected duration of the program is eight semesters.

 

 

 

 

 

 

 


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