First Major: Any TEN (10) courses of the following have to be completed for a First Major in ACCOUNTING AND FINANCE (10 X 3) 30 credit hours.

Second Major: Any SIX (6) courses of the following have to be completed for a Second Major in ACCOUNTING AND FINANCE (6 X 3) 18 credit hours.

Minor: Any FOUR (4) courses of the following have to be completed for a Minor in ACCOUNTING AND FINANCE (4 X 3) 12 credit hours.

ELECTIVES/MAJOR COURSES

COURSE CODE

COURSE TITLE

PRE-REQUISITE

FIN-4001

 CORPORATE FINANCE

20 Core Courses Including BBA-3116

FIN-4002

 FINANCIAL INSTITUTIONS AND MARKETS

20 Core Courses Including BBA-3116

FIN-4003

 INVESTMENT AND PORTFOLIO MANAGEMENT

[FIN-4001] Corporate Finance

FIN-4004

 CAPITAL BUDGETING

[FIN-4001] Corporate Finance

FIN-4005

 GLOBAL FINANCE

[FIN-4001] Corporate Finance

FIN-4006

 PUBLIC FINANCE

[FIN-4001] Corporate Finance and

[FIN-4002] Financial Institutions And Markets

FIN-4007

 COMPREHENSIVE FINANCE CASE ANALYSIS

[FIN-4003] Investment and Portfolio Management

FIN-4008

 FINANCIAL DERIVATIVES

[FIN-4003] Investment and Portfolio Management

FIN-4009

 BANK FUND MANAGEMENT

[FIN-4004] Corporate Finance and [FIN-4002] Financial Institutions and Markets

FIN-4010

 WORKING CAPITAL MANAGEMENT

[FIN-4001] Corporate Finance

FIN-4011

 ISLAMIC FINANCE AND BANKING

20 Core Courses Including BBA-3116 and [FIN-4002] Financial Institutions and Markets

FIN-4012

 CORPORATE GOVERNANCE

20 Core Courses Including BBA-3116

ACT-4001

 AUDITING

ACT-4003 [Intermediate Accounting]

ACT-4002

 TAXATION

BBA-2210 [Managerial Accounting]

ACT-4003

 INTERMEDIATE ACCOUNTING

20 Core Courses Including BBA-2210 [Managerial Accounting]

ACT-4004

 COST ACCOUNTING

20 Core Courses Including BBA-2210 [Managerial Accounting]]

ACT-4005

 ACCOUNTING INFORMATION SYSTEMS

ACT-4003 [Intermediate Accounting]

ACT-4006

 ADVANCED FINANCIAL ACCOUNTING

ACT-4003 [Intermediate Accounting]

ACT-4007

 STRATEGIC MANAGEMENT ACCOUNTING

[ACT-4004] Cost Accounting

ACT-4008

 ACCOUNTING FOR GOVERNMENT &

 NON-PROFIT ORGANIZATION

[ACT-4004] Cost Accounting

ACT-4009

 SPECIAL TOPIC IN ACCOUNTING & FINANCE

[ACT-4004] Cost Accounting

ACT-4010

 FINANCIAL STATEMENT ANALYSIS

ACT-4003 [Intermediate Accounting]

ACT-4011

 FINANCIAL AND CORPORATE REPORTING

ACT-4003 [Intermediate Accounting]

Note: Each Course is Equivalent to 3 credit hours

COURSE DESCRIPTIONS

FIN-4001: CORPORATE FINANCE

Pre-requisite: BBA-3116 [Financial Management]

This course focuses on relevant topics regarding long-term and short-term investment and financing decisions made by finance managers in a corporate set-up. It provides an in-depth discussion of capital structure and dividend policy, and a comprehensive analysis of various financing alternatives. Special emphasis is given on valuation and capital budgeting, risk-return trade off, current assets and liability management etc.

 

FIN-4002: FINANCIAL INSTITUTIONS AND MARKETS

Pre-requisite: BBA-3116 [Financial Management]

This course will provide students with an introduction to Bangladeshi financial markets and an evaluation of the institutions, instruments and participants involved in the industry. The mainstream markets to be evaluated include the equity, money, bond, futures, options and exchange rate markets. The subject systematically reviews each of the mainstream financial markets and investigates the various institutional participants and the different types of financial instruments offered.

 

FIN-4003: INVESTMENT AND PORTFOLIO MANAGEMENT

Pre-requisite: BBA-3116 [Financial Management]

This is an introductory course in investments. It provides a comprehensive coverage of basic concepts, theories, applications and decision-making rules in financial investments. In particular, the course focuses on the analysis of stocks, bonds, options and other derivative securities. Additionally, the course examines the role and performance of portfolio managers, mutual funds and other investment companies.

 

FIN-4004: CAPITAL BUDGETING

Pre-requisite: FIN-4001 [Corporate Finance]

Examines the firm's investment decisions in projects within the context of value creation. The course covers investment decision making under certainty and under risk.  Certainty equivalent, CAPM and risk-adjusted return, sequential decision making, and sensitivity models are discussed.  Problems and cases are assigned for analysis and class performance.

 

FIN-4005: GLOBAL FINANCE

Pre-requisite: FIN-4001 [Corporate Finance]

This course covers the analysis of the international financial environment with particular emphasis on the foreign exchange markets, and their interrelationships with global financial management. It includes various issues like the international flow of funds, the determination of foreign exchange rates, exchange rate systems and central bank intervention in the foreign exchange markets etc.

 

FIN-4006: PUBLIC FINANCE

Pre-requisite: FIN-4001 [Corporate Finance] and FIN-4002 [Financial Markets and Institutions]

This course is basically about economics of the public sector, including role of the state and the market, issues on equity and efficiency, private vs. public goods, market failures, the impact of the government budget on resource allocation, income distribution and economic stabilization, principles and problems of budget determination, including both tax and expenditure aspects, measures of collecting public revenues, tax shifting and incidence, equity and efficiency of taxation, and fiscal and debt management policies.

 

FIN-4007: COMPREHENSIVE FINANCE CASE ANALYSIS

Pre-requisite: FIN-4003 [Investment and Portfolio Management]

In this course the students will analyze, prepare and present comprehensive cases that relate to financial policy and decision-making. No definite format is prescribed for a case report, but in general a case report includes an introduction, analysis of the firm involved (including SWOT analysis), statement of the problem, alternative courses of actions, analysis of each alternative and recommendation(s). All arguments should preferably be backed up by quantitative estimates.

 

FIN-4008: FINANCIAL DERIVATIVES

Pre-requisite: FIN-4003 [Investment and Portfolio Management]

The course covers forward contracts, futures, options, and swaps. Introduces the markets for each of these financial derivatives and explain their market valuations and illustrates the application of market valuations of derivative products through numerical problems. Also covers the use of financial derivatives in hedging risk.

 

FIN-4009: BANK FUND MANAGEMENT

Pre-requisite: FIN-4001 [Corporate Finance] and FIN-4002 [Financial Markets and Institutions]

The course will attempt to introduce to students the complex world of financial management, including its nature and scope and the different fields involved. The major topics covered in class would include introduction to banks, determining interest rate, how banks are evaluated, their risk management tools and how banks manage their assets and liabilities, what are the major issues in the banking industry with special reference to Bangladesh.

 

FIN-4010: WORKING CAPITAL MANAGEMENT

Pre-requisite: BBA-3116 [Financial Management]

The course considers areas relating to various components of working capital. Examines practical issues and analytical models for the efficient management of cash, accounts receivables, and inventories, along with the critical appraisal of various sources of short-term funds.

 

FIN-4011: ISLAMIC FINANCE AND BANKING

Pre-requisite: BBA-3116 [Financial Management] and FIN-4002 [Financial Markets and Institutions]

This course provides a comprehensive introduction to Islamic Banking and Finance. It is one of the fastest growing and most innovative financial disciplines in the domestic and international financial market. Islamic finance and banking is one of the least understood both by the western financial community and indeed by those in Islamic communities. This course offers a clear and understandable examination of this dynamic area of finance and banking. It will help students to fully understand the fundamental principles underlying modern Islamic finance and banking, as well as modern practices prevailing in this industry.

 

FIN-4012: CORPORATE GOVERNANCE

Pre-requisite: BBA-3116 [Financial Management]

This course introduces students to the broad and new ever-changing field of Corporate Governance. There is an increased trend in the organizations for having effective monitoring and accountability programs. It provides strategies on how to strengthen corporate governance practices in financial institutions focusing on strategy formulation, financial controls, supervision and reporting, risk management and corporate social responsibility.

 

ACT-4001: AUDITING

Pre-requisite: ACT-4003 [Intermediate Accounting]

is course provides an introduction to audit practice and contemporary audit issues. While the focus will be primarily on the external financial audit, many aspects of relevance to internal financial audits will be considered. The course will first examine the nature of audit practice, covering audit planning, application and reporting. It will then critically evaluate this practice by considering the contemporary debates surrounding auditor responsibilities and liabilities. So, the basic contents of the course are: understanding of auditing, basic process, planning and control of audit, materiality, audit techniques, appointment of auditors and engagement letter, audit techniques, evaluation of internal control system, audit of payments, audit of receipts, audit reports.

 

ACT-4002: TAXATION

Pre-requisite: BBA-2210 [Managerial Accounting]

Taxation laws by nature, a very complicated subject. The main principles of law are fairly simple but the difficulty arises in their applications. For economic development of a country, taxation system can be used as an important tool in the productive use of available resources, contribution towards budgets funds, direct investments, and control of economy. This course will address the role of taxation in overall economy of a country specially developing countries like Bangladesh. This course addresses personal and corporate taxation system prevailing in Bangladesh. The tax assessment and collection procedures will be addressed in detail. Provisions relevant to submission of Tax return, filling of statement of assets and liabilities will be discussed. The important features of Value Added Tax, Customs and Excise Duties prevailing in Bangladesh will also be covered. This course will be very much helpful for filing personal and corporate Income tax return as well as understanding of the Income tax rules and procedures prevailing in Bangladesh.

 

ACT-4003: INTERMEDIATE ACCOUNTING

Pre-requisite: BBA-2210 [Managerial Accounting]

This course is the continuation of financial accounting with a greater detail. Review of financial accounting, conceptual and historical framework underlying contemporary accounting and financial reporting; forms and contents of financial statements; revenue recognition; present value mathematics in accounting; measuring and reporting cash and receivables; inventories; property, plant and equipment with reference to international financial reporting standards and Bangladesh financial reporting standards.

 

ACT-4004: COST ACCOUNTING

Pre-requisite: BBA-2210 [Managerial Accounting]

This course provides the in-depth knowledge of applying advanced approaches of cost accounting such as: definition of cost accounting; materials: costing and controlling; labor costing: planning and controlling; overheads: allocation and analysis; activity based costing; process costing; joint product and by product costing; transfer pricing; quality costing and contemporary issues of cost accounting. The students are exposed to various practical exercises for mastery of cost accounting knowledge and skills.

 

ACT-4005: ACCOUNTING INFORMATION SYSTEMS

Pre-requisite: ACT-4003 [Intermediate Accounting]

This course provides an introductory but comprehensive coverage of accounting information system from conceptual viewpoint.  It provides in-depth knowledge on material such as:  information system from accountant’s viewpoint, transaction processing under AIS, revenue cycle, expenditure cycle, and conversion cycle under AIS, financial and management reporting under AIS, advanced technology and AIS design models, system development, security and application controls.  The students are also exposed to software modules where necessary.

 

ACT-4006: ADVANCED FINANCIAL ACCOUNTING

Pre-requisite: ACT-4003 [Intermediate Accounting]

This course provides an in-depth knowledge of applying advanced approaches of financial accounting in areas such as: harmonization of accounting standards, financial reporting environment, application of international financial reporting standards in selective areas, accounting for leasing, merger & acquisition, reporting inter-corporate interests, consolidation process, foreign currency translation and other advanced topic in financial reporting.

 

ACT-4007: STRATEGIC MANAGEMENT ACCOUNTING

Pre-requisite: ACT-4004 [Cost Accounting]

This subject places management accounting within the context of the strategic management of a business and provides a framework for applying management accounting techniques and concepts in the strategic environment. The evaluation, design, and application of management accounting and decision systems that reinforce firm strategies is the fundamental objective of the subject. This course briefly revises contemporary management accounting techniques, and then focuses on management accounting techniques in their support of strategy.

 

ACT-4008: ACCOUNTING FOR GOVERNMENT & NON-PROFIT ORGANIZATION

Pre-requisite: ACT-4004 [Cost Accounting]

This course is an introduction to the theory and practice of accounting and auditing as applied to governmental entities and not-for-profit organizations. Various techniques are used to study fund accounting concepts; these may include the use of problem sets, case studies, computer applications, and other materials. This course includes the fund structure and application of Generally Accepted Accounting Principles to fund accounting. Moreover, this course will also cover the financial reporting for government & not for profit entities.

 

ACT-4009: SPECIAL TOPIC IN ACCOUNTING & FINANCE

Pre-requisite: ACT-4004 [Cost Accounting]

This course examines the current issues in accounting and finance, their application in modeling, planning, development and decision making process. Special emphasis placed on the contemporary developments in the field of accounting and finance. Periodical seminar will be necessary to acquaint students with the changing environment in accounting and finance. This course will cover forensic accounting, value added accounting and reporting, human resource accounting and reporting, environmental accounting and reporting, corporate restructuring, strategic alliance, benchmarking, and corporate sickness.

 

ACT-4010: FINANCIAL STATEMENT ANALYSIS

Pre-requisite: ACT-4003 [Intermediate Accounting]

This course is subdivided into two parts, Accounting & Financial analysis. Accounting analysis is organized around financing, investing and operating activities. Procedures and hints for analysis and adjustments of financial statements are discussed in this part. Financial analysis includes discussions related to ratio computation, cash flow measures to earnings prediction and equity valuation models (such as – Dividend discount model, Residual income model, free cash flow to equity model, etc.). Fundamental valuation multiples (PE & PB ratio) and articulation of these multiples are also discussed.

 

ACT-4011: FINANCIAL AND CORPORATE REPORTING

Pre-requisite: ACT-4003 [Intermediate Accounting]

This course provides coverage of financial accounting standards crucial for corporate external reporting.  It provides in-depth knowledge on material such as:  changes in accounting policy, revenue recognition principle, revenue recognition under long term construction contracts, provision and contingent liabilities, reporting current and deferred taxes, financial instruments presentation, reporting special circumstances such as related party transactions and operating segments, and non-annual reporting such as interim financial statements.