Future University inEgypt | Course Descriptions

Faculty of Commerce and Business Administration

Course Descriptions

Department of Accounting

ACC 101: Accounting Principles (Credit Hours 3)

The fundamental concepts underlying financial statements and the informed use of accounting information. Analysis and recording of business transactions, preparation and understanding of financial statements. Measurement of the profitability and financial position of a business, Prerequisite: none

ACC 102: Financial Accounting (Credit Hours 3)

Intermediate financial reporting concepts are the focus of this course. Major topics include: accounting for assets (tangible and intangible), depreciation methods, reporting requirements for current and long-term liabilities, and accounting for dividend distributions, accounting for convertible securities and computing earnings per share, Prerequisite: Acc.101

ACC 201: Intermediate Accounting (Credit Hours 3)

The conceptual framework, the content and structure of financial statements, present value concepts, current asset, current liabilities, inventories, and property, plant and equipment. These topics are discussed in the context of professional standards and fundamental accounting concepts. Prerequisite: ACC 102

ACC 260: Auditing 1 (Credit Hours 3)

This course is an introduction to the profession of auditing. Topics include: assurance services, professional standards, audit planning, working papers, internal control, audit testing, and audit reports, prerequisite: ACC 102

ACC 270: Cost Accounting 1 (Credit Hours 3)

This course covers the role of the management accountant in an organization. Emphasis is placed on planning and controlling operations, and on supporting decision-making. Specific topics include cost concepts, cost behavior, job-order and process costing systems, cost-volume-profit analysis and variable costing. Prerequisite: Acc. 102

ACC 330: Government and National Accounts (Credit Hours 3)

National accounts, inflation, labor, balance of payments, exchange rates, money and banking, the capital market, government finance. Prerequisites: ACC 201, ECN 210

ACC 340: Specialized Corporate Accounting (Credit Hours 3)

This course examines contemporary company accounting and information disclosure issues applicable to organizations preparing financial statements at various junctures in the life cycle of a group of related entities. The course describes and illustrates accounting and reporting issues from inception and acquisition to trading and termination in insurance, petroleum and Banking corporate. Prerequisites: ACC 201, ECN 210, MST 220

ACC 350: Accounting Information Systems (Credit Hours 3)

This course examines the design, operation, and control of accounting information systems, transaction cycles, business processes, and the flow of financial transactions through the accounting information system, internal control concepts and their application to the information systems. Prerequisites: CSC 101, ACC 201, ECN 210

ACC 360: Auditing 2 (Credit Hours 3)

This course will develop upon your auditing and assurance knowledge learned in Introductory Assurance. In addition, also special auditing topics such as comprehensive auditing, non-profit auditing, environment auditing and small business auditing will be examined. Prerequisite: ACC 260

ACC 370: Cost Accounting 2 (Credit Hours 3)

This course covers Intermediate cost concepts used to support management decision-making. Specific topics include activity-based costing, profit planning, standard costing and performance evaluation, flexible budgets, relevant cost analysis, segment reporting, and capital budgeting decisions. Prerequisite: ACC 270

ACC 380: Tax Accounting (Credit Hours 3)

A broad overview of Internal Revenue tax codes as applied to corporations, various corporate transactions, including the formation, operation, and liquidation of the entity. Prerequisites: ACC 201, LAW 101

ACC 400: Feasibility Study (Credit Hours 3)

Identification and exploration of business scenarios, Define the project and alternative scenarios. Relationship to the surrounding geographical area. Market feasibility, industry description, industry, market potentials. Access to market outlets. Prerequisites: ACC 360, ACC 370, ACC 380

ACC 409: Computer Applications in Accounting (Credit Hours 3)

How to select accounting software, establish a chart of accounts, enter transactional data, produce and interpret accounting reports. Use accounting software to record basic general ledger operating transactions, adjusting entries, produce end-of-period financial reports and execute period closing procedures, manage accounts receivables, accounts payables, record fixed asset depreciation and present accounting/financial information. Prerequisites: CSC 101, ACC 102

ACC 410: Managerial Accounting (Credit Hours 3)

The preparation and utilization of accounting information useful to management, review of financial accounting, break-even analysis, direct and absorption costing systems and the impact of alternative decisions are discussed. Prerequisites: ACC 201, FIN 368

ACC: 420: Advanced Accounting (Credit Hours 3)

Topics covered include: installment sales, recapture of depreciation, depletion allowances, bad debts, net operating losses, partnerships, corporations, formation, operation and liquidation of each type of entity, including corporate combinations. Both financial and tax accounting for each type of transaction. Prerequisite: ACC 380

ACC 430: Operations Research in Accounting (Credit Hours 3)

The following are covered with applications to accounting: mathematical programming; linear programming basic concepts; Linear Programming: The Simplex and the Dual Simplex Methods; Linear Programming: Duality and Sensitivity Analysis; Linear Programming; Integer Programming. Prerequisites: MST 201, ACC 370

ACC 459: International Accounting (Credit Hours 3)

International issues and their implications for businesses, the international business environment, and the international differences in financial reporting and the move towards harmonization, the impact of foreign operations and foreign exchange transactions. Prerequisites: ECN 210, ACC 350, ACC 340

ACC 449: Accounting Theory (Credit Hours 3)

This survey of contemporary accounting literature emphasizes research into topics of current debate within the accounting profession. Written reports and case studies emphasize the consequences of present practice. Prerequisite: ACC 201

ACC 450: Honor Rank Studies (Credit Hours 3)

Independent study is intended for superior students interested in doing independent research on special study topics. To be eligible, a student must demonstrate to the department chairperson the competence to do independent study. To apply for Independent Studies, the student is required, in a petition that may be obtained from the department chair, to state objectives to be achieved, activities and procedures to accomplish the study project, and the means by which the supervising instructor may assess accomplishment and must be accompanied by a supporting statement from the supervising faculty member under whose direction the study takes place. A copy of the final report prepared by the student is presented to the appropriate Independent Studies Committee, Prerequisite: department approval

ACC 459: Cost Analysis & Budgeting (Credit Hours 3)

The managerial uses of accounting data, cost behavior analysis, cost-volume-profit analysis, budgeting, responsibility accounting, profit performance evaluation, distribution cost analysis, capital expenditure planning and decision making using cost analysis. Prerequisite: ACC 370, ACC 350

ACC 489: Selected Topics (Credit Hours 3)

New course topics. Prerequisite: department approval

ACC 490: Graduation Project (Credit Hours 3)

Under the guidance of a faculty member, students participate in a research project related to the study of Commerce & Business. The student and supervising faculty member collaborate on defining the research question, collecting and analyzing data, and interpreting the findings. At the end of the course, students submit an extensive research paper and present their research at the Annual Student Research Day. Prerequisite: department approval

Department of Management

MGT 100: Small Business Management (Credit Hours 3)

Develops skills and knowledge needed to create and manage a small business including planning, staffing, location, product presentation, pricing, promotion, and product distribution. Prerequisite: none

MGT 101: Business Administration (Credit Hours 3)

Examines the overall functions of management and organizational structure and dynamics. Teaches specific skills in cross cultural competence, planning, quality initiatives, human resource management, leadership, teamwork, and decision-making. Prerequisite: none

MGT 105: Public Administration (Credit Hours 3)

An exploration of the external factors affecting contemporary public sector management, federal and provincial governments, the changing structural and value context within which public servants work, the key processes in which they are engaged and how those processes are changing. Focusing primarily on public administration at all levels. Prerequisite: none

MGT 205: Organizational Behavior (Credit Hours 3)

This course emphasizes making use of various theories of dealing with individuals, groups, and organizations in management situations. Also emphasized is the conceptualization of organizations as systems, in relationship to the external environment. Prerequisite: MGT 101

MGT 305: Human Resources Management 1 (Credit Hours 3)

The contributions of behavioral science to motivational systems and to relationships among individuals and organizations are examined. The class considers means for developing, utilizing and remunerating workers. The responsibilities and staff functions within personnel administration are covered with job analysis, planning, recruitment, training, appraisal, and career development and compensation systems. Prerequisite: MGT 205

MGT 309: Performance Evaluation (Credit Hours 3)

An introduction to the methods and practice of program evaluation and performance measurement, critiques and recommendations, design a basic program evaluation that is practical and implementable, design a basic performance measurement system to assess program/organizational outcomes. Prerequisite: MGT 205, MGT 365

MGT 315: Public Relations Management (Credit Hours 3)

A practical course designed to familiarize students with the public relations industry and the key roles and responsibilities of public relations practitioners. Students are introduced to the history and evolution of the public relations, function in organizations, and develop a working knowledge of important issues in the contemporary industry. They also develop and apply actual skills in public relations activity. Prerequisite: MGT 205

MGT 355: Production and Operations Management 1 (Credit Hours 3)

Production Planning and Inventory Control, Aggregate Planning, Line Balancing, Job Shop Scheduling, Inventory Control. Forecasting, Quality Management, Product and Process Design Management, material Requirement Planning, maintenance Management, contemporary Manufacturing Systems, Just In Time Systems, Group Technology. Prerequisite: MST 201, MGT 101

MGT 365: Management Information Systems (Credit Hours 3)

Introduce students to computer-based information systems and their role in business organizations. Topics to be covered include a discussion of the nature of information and its contribution to the strategic, managerial, and operational aspects of business, the role of information technology in business process reengineering. The planning, analysis, design, and implementation needed achieve successful information systems. Prerequisite: CSC101, FIN 368

MGT 379: International Business Management (Credit Hours 3)

An introduction to the economic, technological, political and cultural settings of international business, including multinational corporations. International organizations, types of governments and cultural differences, international transaction practices and debates management of multinationals. Prerequisite: MGT 205, FIN 368

MGT 389: Bank Management (Credit Hours 3)

A study of the organization and operations of national and state banks; the balance sheet of a commercial bank; liquidity management; loans and discounts; credit analysis; interest rates; investment account management; trust services; capital funds management and safety of banks. Prerequisite: MST 102, MGT 101, ECN 210

MGT 400: Feasibility study (Credit Hours 3)

Definition, purpose of a feasibility study, who conducts the feasibility study, components of a feasibility study, guidelines, maintenance, cost/benefit analysis. Identification and exploration of business scenarios, Define the project and alternative scenarios. Market feasibility, industry description, industry competitiveness, market potential, sales projection, access to market outlets. Prerequisites: MGT 365, FIN 368

MGT 405: Quality Management (Credit Hours 3)

This course is designed to enhance the qualifications of students to perform quality improvement activities in the work place, whether manufacturing, services, health care etc, and the application of some concepts and principles to real world organizations. Prerequisites: MGT 385, MGT 365

MGT 409: Computer Applications in Management (Credit Hours 3)

Computer and office application use, systems analysis and design, data modeling, and communication. Identify, analyze, and explain Information Technology solutions in relation to costs, benefits, and risks. Develop and design applications in spreadsheet or database use. Develop the analytical skills and understanding of computer systems, networks, and business software applications. Prerequisites: CSC 101, FIN 368

MGT 415: Financial Institutions Management (Credit Hours 3)

Familiarize the student with the various types of financial institutions within our economy, the operational functions they perform and their impact on the economy. Institutions will be examined from both a macro viewpoint i.e., their role in the economy and a micro viewpoint i.e., as seen by managers and users. Prerequisites: FIN 368, ECN 210

MGT 419: Human Resources Management 2 (Credit Hours 3)

Intermediate examination of contemporary practice in human resource management, including recruitment and selection, training and development, performance appraisal, compensation and benefits, and employee reactions. Prerequisite: MGT 305

MGT 430: Operations Research in Management (Credit Hours 3)

Overview of Operations Research, its applications in management and its methodology. Introduction to linear programming, model formulation, graphical solutions of real-time problems, feasible solution, maximization and minimization. The Simplex Method and its applications. Duality, sensitive analysis and transportation models. Prerequisites: MGT 365

MGT 435: Strategic Management (Credit Hours 3)

A comprehensive opportunity to exercise senior management business judgment in a complex case study environment, both individually and as a member of a senior management team. Written case studies will be used to focus on management policy and decision making. Prerequisites: FIN 368, MGT 385

MGT 450: Honor Rank studies (Credit Hours 3)

Independent study is intended for superior students interested in doing independent research on special study topics. To be eligible, a student must demonstrate to the department chairperson the competence to do independent study. To apply for Independent Studies, the student is required to provide a petition obtained from the department chair stating objectives to be achieved, activities and procedures to accomplish the study project, and the means by which the supervising instructor may assess accomplishment. The petition must be accompanied by a supporting statement from the supervising faculty member under whose direction the study takes place. A copy of the final report prepared by the student is presented to an Independent Studies Committee, Prerequisite: As advised

MGT 455: Production & Operations Management 2 (Credit Hours 3)

This course provides an overview of key operational issues and processes used in both service and manufacturing organizations. It also reviews the basic analytic methodologies and tools used to manage the production process. Prerequisite: MGT 355

MGT 489: Selected Topics (Credit Hours 3)

New course topics. Prerequisite: as advised

MGT 490: Graduation Project (Credit Hours 3)

Law

LAW 101: Business Law (Credit Hours 3)

This course deals with the historical antecedents of business law: the principles and processes by which it is formulated, the structure and jurisdiction of the Federal and State courts and with business-related areas of the law including business torts and crimes, contracts, agency and partnerships, government regulation, and consumer transactions. Prerequisite: none

Finance

FIN 250: Public Finance (Credit Hours 3)

Understanding the nature and role of government in the economy, Institutional characteristics of the public sector, composition of public finance, revenue, expenditure, deficit, financing/debit, International standards for the public sector, government finance statistics, public sector accounting reforms, government debit management, A macroeconomic overview of the relationship between fiscal and monetary policy. Prerequisite: ECN 101

FIN 308: International Finance (Credit Hours 3)

It outlines basic principles essential for participation in international financial markets and for financing international operations, International Financial Environment, Foreign Exchange Derivatives, Global Financing, Corporate FX Risk Management, Valuation and the Structure of Multinational Operations. Prerequisite: ECN 210

FIN 318: Money and Stock Markets management (Credit Hours 3)

The process of capital formation in a free enterprise economy, with special emphasis on factors affecting the level and structure of interest rates. Money market, capital market, and derivative contracts (futures and swaps) are evaluated from both investment and financing perspectives. Prerequisites: ACC 102, FIN 250

FIN 368: Financial Management 1 (Credit Hours 3)

To acquaint the student with the three major financial decisions of the firm: capital investments, capital structure and dividends. The student will develop knowledge of these concepts through the study of a combination of selected cases, current events, theoretical readings and problems. Prerequisites: MGT 101, ECN 101, MST 220

FIN 415: Financial Institutions Management (Credit Hours 3)

FIN 448: Investment & Investment Portfolio Management (Credit Hours 3)

This course builds on the modern Investment Portfolio theory and focuses on the topics that are important for the practice of Investment Portfolio management. It is designed to equip students with analytical and implementation skills. It includes Investment Portfolio theory, capital market theory, valuation principles, and derivative theory. Following this, it covers topics of applications to Investment Portfolio construction, managing different types of Investment Portfolio, international investing, performance analysis, risk management and benchmark timing. Prerequisites: MGT 415, FIN 308

FIN 450: Honor Rank Studies (Credit Hours 3)

FIN 468: Financial Management 2 (Credit Hours 3)

This course emphasizes the importance of certain topics taught in the Fundamentals of Financial Management course and also deals with a few Intermediate topics in Corporate Finance: capital structure, dividend and working capital management practices of companies, the valuation of bonds and stocks, capital budgeting problems, and the process for determining capital structure. Prerequisite: FIN 368

FIN 469: Entrepreneurial Finance (Credit Hours 3)

The difference between corporate finance and entrepreneurial finance, the basic principles of entrepreneurial finance, the concepts and institutions involved in entrepreneurial finance and private equity markets, challenges and pitfalls of financing new enterprises or activities, entrepreneurial financing decisions, identifying opportunities, marshalling resources to take advantage of these opportunities and executing the business plan, and ends with harvesting the ventures success. Prerequisites: MGT 415, FIN 318

FIN 478: Financial Analysis (Credit Hours 3)

Identifying and exploiting value-creating opportunities when raising the funds needed by an organization and managing the employment of those funds within the organization. This course explores ways in which managers can adopt a strategic approach in corporate finance to increase the value of cash flows for their organizations. Prerequisites: MGT 415, FIN 250, ECN 210

FIN 489: Special Topics (Credit Hours 3)

New course topics. Prerequisite: As advised

FIN 490: Graduation Project (Credit Hours 3)

Department of Marketing

MKT 254: Marketing 1 (Credit Hours 3)

This course examines the marketing function and the dynamic environment in which it is practiced. The central importance of the consumer is emphasized, analyze marketing opportunities, formulate strategies and make decisions regarding product, price, distribution and promotion within the marketing mix. Prerequisite: MGT 101

MKT 304: Consumer Behaviors (Credit Hours 3)

Social, cultural, and psychological factors influencing the behavior of consumers. Models of buyer behavior, consumption patterns, market segmentation, attitude formation and change, brand loyalty, adoption of innovations, and store choice decisions. Marketing management and public policy implications of consumer research. Prerequisite: MKT 254

MKT 364: Market Research (Credit Hours 3)

Principles, approaches, and every-day utilization of marketing research in business to build customer loyalty and manage customer relationships are the foci of this course. Students will learn how to shape research questions around marketing issues, and to develop and implement a research design to address their research questions. The capstone assignment is a survey research project in customer satisfaction. Prerequisite: MST 267, MKT 254

MKT 374: Advertising& Promotion 1 (Credit Hours 3)

Planning an advertising campaign. Consumer and market information, message appeals, media selection and scheduling, measuring effectiveness. Current criticism and regulation of the advertising function. Other major marketing communication tools, including personal selling and sales promotion. Prerequisites: MKT 254, LAW 101

MKT 384: Electronic Marketing (Credit Hours 3)

This course examines the nature and scope of electronic marketing approaches and develops student's skills in formulating and implementing e-marketing programs. It explores the future uses of direct marketing and provides students with a general understanding of the nature and scope of e marketing and its role within the marketing concepts. Prerequisite: MKT 304, CSC 101

MKT 400: Feasibility study (Credit Hours 3)

MKT 414: Enterprise Marketing (Credit Hours 3)

A survey of fundamental principles and practices of marketing. Conceptual issues and the implementation of marketing principles to specific private sector business situations, fundamental aspects of marketing functions, theory, and strategy, analysis of marketing opportunities, marketing research and forecasting, market segmentation, consumer behavior, product planning, pricing strategies, distribution planning, communication methods, ethical issues, and the role of marketing within business organizations. Prerequisite: MKT 304

MKT 424: Strategic Planning (Credit Hours 3)

Analytical integration of material covered in previous marketing courses. Marketing strategy literature, financial dimensions of marketing decisions, the power of a brand, marketing planning and analysis, brand positioning, integrated marketing program elements, how to prepare for a client presentation, strategic marketing consulting. Prerequisite: MKT 304

MKT 439: Advertising & Promotion 2 (Credit Hours 3)

All of an organization's marketing communications need to be integrated in today's highly competitive environment. Topics in this course include evaluation of advertising and promotional programs, selection of appropriate advertising, public relations and promotional campaigns, and choosing advertising media, as well as managing advertising departments, agencies, and customer service functions. Interactive marketing will receive special emphasis. Prerequisites: MKT 364 MKT 374

MKT 450: Honor Rank Studies (Credit Hours 3)

Independent study is intended for superior students interested in doing independent research on special study topics. To be eligible, a student must demonstrate to the department chairperson the competence to do independent study. To apply for Independent Studies, the student is required, in a petition that may be obtained from the department chair, to state objectives to be achieved, activities and procedures to accomplish the study project, and the means by which the supervising instructor may assess accomplishment and must be accompanied by a supporting statement from the supervising faculty member under whose direction the study takes place. A copy of the final report prepared by the student is presented to the appropriate Independent Studies Committee, Prerequisite: As advised

MKT 459: Global Marketing (Credit Hours 3)

Fundamental understanding of the globalization of marketing activities, explore a variety of marketing issues (branding, segmenting, positioning, pricing, distribution, advertising, etc.) from cross-national and cross-cultural perspectives, assess appropriate global opportunities. Prerequisites: MKT 374, MKT 364

MKT 464: Marketing 2 (Credit Hours 3)

The purpose of this course is to give students an opportunity to integrate and apply the marketing concepts that have been introduced in other marketing and commerce courses: how an organization becomes and stays customer-focused, how an organization develops an effective marketing strategy, how customer-focus and marketing strategy fit together, how to evaluate current marketing strategy and develop a marketing plan (May include e-Marketing strategies). Prerequisites: MKT 414, MKT 424

MKT 489: Special Topics (Credit Hours 3)

New topics in marketing and advertising. Admission by prior permission of advisor.

MKT 490: Graduation Project (Credit Hours 3)

Department of Business Information Technology

Course DescriBIT 225: E-Commerce (Credit Hours 3)

Explain how electronic commerce can be used to create a competitive advantage for an organization; Analyze the strengths and weaknesses of different business models related to B2B and B2C electronic commerce; Analyze a business case and identify strengths and weaknesses in the organizations e-commerce strategy; Explain many technical, ethical, and policy issues in electronic commerce (e.g., data mining, security, privacy, and intellectual property rights) as well as how individuals, organizations, and policy makers are addressing these problems. Explain the effects of policy decisions on e-commerce and businesses. Prerequisites: MGT 101, CSC 101

BIT 232: Web Page Design (Credit Hours 3)

Develop functional Web sites using HTML code-generation software. Students will create web pages, insert graphics and text, create links, forms, and tables using built-in software tools, basics of web site planning and documentation, develop web site flow charts using industry standard visual layout software, create technically-oriented documents that outline the web site planning and development process. Prerequisite: CSC 101

BIT 302: Structured Programming (Credit Hours 3)

The design of GUI applications that can be utilized in a client/server environment, event-driven programming, professionalism of design, code, documentation, and usability of programs. Prerequisite: CSC 101

BIT 310: Report Writing (Credit Hours 2)

This course is designed to teach basic to advanced reporting techniques and skills. Students taking this course should have experience using some sort of reporting tool, such as Business Objects, Microsoft Excel, Microsoft Access, or one of the similar reporting applications. Real-life examples that help students understand how to use Business Objects to provide solutions to corporate reporting demands, grounding in the techniques of writing, as a process will be given together with sufficient writing practice. Prerequisites: ENG 102, MGT 101

BIT 312: Operating Systems (Credit Hours 3)

Process management, process state, concurrent processing, synchronization, and events. Operating system structure, the kernel approach, processor scheduling, task switching, monitors. System management, memory management, process loading, communication with peripherals. File systems and Interactive computation. Prerequisites: CSC 101, MGT 101

BIT 322: Database (Credit Hours 3)

This course deals with the principles of database management and their application in organizations. The material focuses mainly on the point of view of the user and the database administrator rather than the technical specialist who develops database software. Prerequisites: MGT 101, CSC 101

BIT 372: Introduction to Systems Analysis & designs (Credit Hours 3)

Understand the process of analysis, design, and implementation of information systems, learn methods, techniques, and related issues of systems analysis and design, gain some hands on experience in systems analysis and design. Prerequisites: BIT 302, BIT 312

BIT 382: Internet & Multi-Media Applications (Credit Hours 3)

Introduce the student to the concept of web animation; use industry standard software to create beautiful, resizable, and extremely small and compact navigation interfaces, technical illustrations, long form animations, and other dazzling effects for web sites. Prerequisite: MGT 101

BIT 400: Feasibility study (Credit Hours 3)

Definition, purpose of a feasibility study, who conducts the feasibility study, components of a feasibility study, guidelines, maintenance, cost/benefit analysis. Identification and exploration of business scenarios, Define the project and alternative scenarios; Relationship to the surrounding geographical area and access to market outlets. Prerequisites: MST 267, FIN 368

BIT 439: Computer Programming Languages (Credit Hours 3)

General and systematic methods for developing correct and efficient algorithms and programs starting from specifications or queries written in these very high level languages. Intermediate concepts in programming languages, functional programming, logic programming, semantics of programming languages, basics of program verification. Prerequisite: BIT 302

BIT 442: Decision Support Systems (Credit Hours 3)

Taxonomy of DSS, relationship of prior information systems to DSS, conceptual foundation, DSS characteristics, decision making and DSS, hardware and software for DSS, data management, model management, user interface, constructing DSS and DSS applications. Prerequisites: MGT 365, BIT 372

BIT 450: Honor Rank Studies (Credit Hours 3)

BIT 489: Special Topics (Credit Hours 3)

New course topics. Prerequisite: Department approval

BIT 490: Graduation Project (Credit Hours 3)

Department of Economics

ECN 101: Macro Economics 1 (Credit Hours 3)

Macroeconomics is the branch of the economics that is concerned with the economy as a whole. The economics of a nation is explained in this course. The basic economic concepts on the macro level are discussed. Among which we have: The determination of national income and its effect, inflation, consumption, investment, unemployment and interest rates. Also, the policies, whether fiscal or monetary, made by the government to tackle these macroeconomic terms are explained. Prerequisite: none

ECN 102: Micro Economics 1 (Credit Hours 3)

Micro Economics is the branch of economics that is concerned with the individual behavior such as markets, firms and consumers. The basic economic concepts on the micro level are discussed. We study here how the price of a good and how the price of factors of production (land, labor and capital), are set and how all this affect the market. I.e. whether it strengthens the market or weakens it. The key terms here are: Supply and demand and price determination, the firm theory, the consumer theory, market structures, and social welfare. Prerequisite: ECN 101

ECN 210: Money and Banking (Credit Hours 3)

How to determine the country's money supply is an important topic in this course. Identifying the functions of money, money supply and demand, the role of the central bank, monetary theory, and the classical and Keynesian views with regard to money. The effect of changes of the stock of money on economic activity and functions of banks are also discussed. Prerequisite: ECN 101

ECN 212: Economic Resources (Credit Hours 3)

Economics is the science that deals with the allocation of resources that are limited to produce goods and services to satisfy our unlimited needs. Because resources are limited and needs are unlimited scarcity problem occurs. Accordingly, using resources efficiently is of vital importance. In this course, the distribution of economic resources, using them efficiently, the international and domestic competitions on scarce resources are discussed. Also, some practical applications in the Arab world and Africa are tackled. Prerequisite: ECN 101

ECN 301: Micro Economics 2 (Credit Hours 3)

The main topics discussed in micro economics course at the introductory level are discussed here, but in more depth. The different production functions, cost analysis, consumer behavior theory of the market and welfare economics are explained in this course. Prerequisite: ECN 201

ECN 302: Macro Economics 2 (Credit Hours 3)

Keynesian and Neoclassical views towards macroeconomics are discussed in this course. Topics like nation's income, price level and employment are explained within both the static and dynamic conditions. The determination of national income and its effect on inflation, unemploymentetc is discussed as well, but at a more intermediate level. Prerequisite: ECN 101

ECN 310: Mathematical Economics (Credit Hours 3)

This course provides the student with the mathematical tools needed to study economics. Equilibrium analysis, linear equations system, inverse functions, Similarity Theorem, Hessian Matrix and sign tests are explained in this course. In addition to that, concavity and convexity, homogenous functions and the basic theory of Differentiation and Integration are also tackled in this course. Finally, it is also useful to discuss the Linear and non-linear differential equations of the first degree with some economic applications. Prerequisites: ECN 101, MST 101

ECN 320: International Trade (Credit Hours 3)

Introduction to international macroeconomics and review and analysis of current international macroeconomic and financial issues, policies and events, including: interest rates, exchange rates and asset prices in the global economy; causes and consequences of trade deficits and external imbalances; emerging market economies financial crises; causes of currency, banking and financial crises; short- and long-term effects of monetary and fiscal policy; the drive to reform the international financial architecture; the debate on IMF and World Bank reform; emerging markets external debt and attempts to restructure it and the globalization of financial markets. These topics are integrated into a theoretical framework that stresses international factors from the start. Examples from the US, Europe, Japan, China and emerging market economies are used to enhance knowledge of the world economy Prerequisite: ECN 210

ECN 350: Economic Development (Credit Hours 3)

The economies of developing countries and problems facing them are explained in this course. The reasons of being less developed countries as well as various theories of development are also tackled. Strategies and policies of development include: Foreign investment, production, international trade, finance, satisfying basic needs, distribution and sustainable development are also of major concern. Prerequisites: ECN 201, 202

BIT 225: E-Commerce (Credit Hours 3)

ECN 350: Economic Development (Credit Hours 3)

A topic in development is chosen to be discussed throughout the course where comparisons are drawn from different countries and along different time path, Prerequisites: ECN 201, ECN 202,

ECN 400: Feasibility Study& Project Evaluation (Credit Hours 3)

The syllabus identifies the main concepts and methods needed to study how to plan and evaluate a project from the economic point of view. How to make a feasibility study, the life cycle of the project, the costs of operation and finance needed are studied as well. In addition to that, the cost benefit analysis and the economic and social evaluation of the project are key issues here. Prerequisites: ECN 301,302

ECN 410: Econometrics (Credit Hours 3)

This course studies the general linear regression model, the independent and dependent variables, the error term, maximum likelihood estimation and simultaneous equations systems. In addition to that auto regression, co linearity, heteroskedasticity, dynamic systems and error corrections model are discussed. Prerequisite: MST 267, ECN 201

ECN 429: Managerial Economics (Credit Hours 3)

This course introduces the student to the concepts of managerial economics. Demand and expectations, Production Theory, costs, adaptation and innovations are also discussed. In addition to that, Market structure, monopolistic competition, risk calculations, and capital formation are key issues here. Finally, this course tries to study the effects of government on production, firms, and management with regard to monopolistic systems, price control, public properties and environmental concerns. Prerequisite: MGT 101, ECN 301 ECN 302

ECN 450: Honor Rank Studies (Credit Hours 3)

An overview of the international trade education. Actual markets and high growth rate sectors are examined. Topics vary by semester and at discretion of instructor and student demand. Each student carries out an independent study, guided by an instructor and a research project is prepared using the knowledge acquired during the previous courses. Presentation of project is also required. Prerequisite: department approval

ECN 470: Global Political Economy (Credit Hours 3)

Develop an understanding of the global environment of business, with a focus on applications such as the South East Asian crisis, international trade negotiations and the role of international organizations. The issue of trade integration, the analysis of trade flows and trade policy. Applications include strategic trade policy, international trade negotiations on intellectual property rights, and their impact on business. The balance of payments crises and the appropriate policy response to such crises. Applications here include the European Monetary Union, the South East Asia crisis and the role of the IMF. Prerequisite: ECN 302

ECN 490: Graduation Project (Credit Hours 3)

Department of Mathematics and Statistics

MST101: Mathematics

Equations and inequalities, functions and graphs, polynomials, determinants and matrices, systems of equations, differentiation, minima and maxima, point of inflection, integration. Emphasis on business applications, mathematical techniques are developed as needed, prerequisite: none

MST 102: Mathematics of Finance (Credit Hours 3)

The course provides step-by-step guidance through sample problems and solutions related to banking, credit, basic finance and investment. You will also gain an understanding of financial instruments and terminology used in business finance such as compound interest, annuities and promissory notes. Simple interest, Compound interest, Simple Annuities, General Annuities, Debit Reduction, Sinking Funds, Capitalization and Wasting Assets, Stocks and bonds, prerequisite: none

MST 201: Introductory Statistics (Credit Hours 3)

A descriptive introductory course. Frequency distributions, descriptive measures, probability, probability distributions, sampling, estimation, tests of hypotheses, regression and correlation, with applications to business. Prerequisite (or concurrent with): MST 101

MST 220: Insurance Planning and Risk Management (Credit Hours 3)

This course is a study of the basic principles of sound risk management including risk identification and evaluation. Insurance as a risk management tool, its nature, applicable laws, and analysis of policies are included. Prerequisite: MST102

MST 267: Statistical Computing Methods (Credit Hours 3)

Intermediate study of statistical techniques for research problems. Analysis of variance, correlation techniques, nonparametric techniques, sampling theory. Extensive use will be made of Personal computers using the SPSS and MINITAB Statistical package to view and analyze data. Prerequisite: MST 201

MST 317: Applied Regression Analysis (Credit Hours 3)

Theory and application of regression techniques. Linear, non-linear and multiple regression and correlation; analysis of residuals; other statistical techniques including response surfaces and covariance analysis; prediction and time-series analysis. The computer lab involves interactive data analysis and investigation of the methodology using SAS and/or S-PLUS statistical software, Prerequisite: MST 267

MST 337: Demographic Statistics (Credit Hours 3)

Procedures in the measurement of fertility, mortality, natural increase and migration. Evaluation of sources of demographic data including census and vital registration systems. Life table applications, techniques based on stable and quasi-stable population theory, model fertility schedules, etc. Emphasis is on analysis of incomplete demographic data, especially when vital statistics are unreliable or lacking. Prerequisite: MST267

MST 347: Sampling Techniques (Credit Hours 3)

The course includes a study of several sampling methods: simple random sampling, stratified sampling, systematic sampling, cluster sampling, and multistage sampling. Besides the "ordinary" estimates considered in "basic" courses in statistics, this course also includes a study of ratio estimators, difference estimators, regression estimators and randomized response estimators. As well, this course includes a study of sample size selection, cost considerations and control of errors. Prerequisite: MST 267

MST 357: Experimental Designs (Credit Hours 3)

Introduction and review. Factorial designs, comparing group outcomes on a single classification: One-way analysis of variance, multiple comparisons in one-way ANOVA. Two-way fixed effects ANOVA and interactions, k-way classifications, randomized block designs (including Latin Squares), nested and repeated measures experimental designs. Prerequisite: MST 267

MST 367: Advanced Mathematics (Credit Hours 3)

The Derivatives, applications of the derivative, techniques of differentiation, logarithm functions, applications of the exponential and natural logarithm functions: exponential growth and decay, the definite and indefinite integral, partial derivatives, applications of the integral, techniques of Integration, further applications of integration, infinite sequences and series, differential equations. Prerequisite: MST 101

MST 401: Mathematical Statistics 1 (Credit Hours 3)

This course introduces the basic concepts and techniques in mathematical statistics. A review of basic probability theory, the formulations of problems, the estimation techniques, and hypothesis testing techniques. Prerequisite: MST 367

MST 402: Mathematical Statistics 2 (Credit Hours 3)

Topics to be covered are normal and derivative (chi-square, F, and t) distributions, exponential families, sufficiency, unbiased estimation and information inequality, maximum likelihood estimation and its efficiency, confidence intervals and hypothesis testing, log likelihood ratio tests, asymptotic approximations, etc. There will also be brief discussions of Bayesian methods and decision theory. Prerequisite: MST 401

MST 417: Operations Research (Credit Hours 3)

The primary emphasis will be on linear programming and its applications, covering modeling, the Simplex method, post optimality analysis, and the transportation and assignment problems, the general methodology of operations research and on mathematical model building. A PC-based software package should be used; students may use LINDO, add-ins to spreadsheet. Prerequisite: MST 347

MST 457: Categorical Data Analysis (Credit Hours 3)

An introduction to data entry and processes in SAS, distributions for categorical data, binomial and multinomial distributions, the method of Maximum Likelihood, one sample and two sample tests for the binomial distribution, Fisher Information, Wald and Score Tests, Poisson and hyper-geometric distributions, testing Goodness-of-Fit, 22 tables, test of Independence and relationship with two sample tests, Fishers exact test. Discuss odds ratios and relative risk, McNemars test and case control data, higher way tables, conditional independence, Mantel-Hanzel and Breslow-Day tests;The Linear Regression model, model selection for Linear Regression, regression models for count data and Understanding SAS output. Prerequisite: MST 267

MST 449: Statistical Quality Control (Credit Hours 3)

Introduction to quality and quality improvement methods, Concept and techniques of quality control, Basic categories of statistical quality control, Fundamental of statistics, Acceptance sampling, Single, double and multiple sampling plans, Sequential sampling plans, Other acceptance sampling techniques, Introduction to statistical process control and control charts, Control charts for variables and attributes, Other statistical process control techniques. Prerequisites: MST 201, MGT 255

MST 450: Honor Rank Studies (Credit Hours 3)

MST 490: Graduation Project (Credit Hours 3)