Curriculum Overview
The Finance program at Brd College of Management and Sciences is structured over eight semesters, with a blend of core courses, departmental electives, science electives, and practical labs. This comprehensive curriculum ensures that students gain both theoretical knowledge and hands-on experience essential for success in the financial industry.
Semester | Course Code | Course Title | Credit Structure (L-T-P-C) | Prerequisites |
---|---|---|---|---|
1 | FN101 | Financial Accounting Fundamentals | 3-1-0-4 | - |
1 | MTH101 | Calculus and Linear Algebra | 4-0-0-4 | - |
1 | ECO101 | Introduction to Economics | 3-0-0-3 | - |
1 | CS101 | Introduction to Computer Science | 2-0-2-3 | - |
1 | FNLAB101 | Financial Accounting Lab | 0-0-2-2 | FN101 |
2 | FN201 | Corporate Finance | 3-1-0-4 | FN101 |
2 | MTH201 | Probability and Statistics | 4-0-0-4 | MTH101 |
2 | ECON201 | Microeconomics | 3-0-0-3 | ECO101 |
2 | FNLAB201 | Financial Modeling Lab | 0-0-2-2 | FN201 |
3 | FN301 | Investment Analysis | 3-1-0-4 | FN201 |
3 | MTH301 | Mathematical Finance | 4-0-0-4 | MTH201 |
3 | ECON301 | Macroeconomics | 3-0-0-3 | ECO101 |
3 | FNLAB301 | Derivatives Lab | 0-0-2-2 | FN301 |
4 | FN401 | Risk Management | 3-1-0-4 | FN301 |
4 | MTH401 | Econometrics | 4-0-0-4 | MTH201 |
4 | FNLAB401 | Risk Management Lab | 0-0-2-2 | FN401 |
5 | FN501 | Financial Markets and Institutions | 3-1-0-4 | FN401 |
5 | MTH501 | Time Series Analysis | 4-0-0-4 | MTH401 |
5 | FNLAB501 | Market Research Lab | 0-0-2-2 | FN501 |
6 | FN601 | Advanced Corporate Finance | 3-1-0-4 | FN501 |
6 | FNLAB601 | Corporate Finance Lab | 0-0-2-2 | FN601 |
7 | FN701 | Behavioral Finance | 3-1-0-4 | FN601 |
7 | FNLAB701 | Behavioral Finance Lab | 0-0-2-2 | FN701 |
8 | FN801 | Final Year Project/Thesis | 0-0-6-6 | - |
8 | FNLAB801 | Capstone Lab | 0-0-4-4 | FN801 |
Advanced Departmental Electives
The Finance program offers a wide array of advanced departmental electives that allow students to explore specialized areas within finance. These courses are designed to deepen understanding and provide practical skills relevant to specific career paths.
Financial Derivatives
This course explores the pricing, trading, and risk management of derivatives such as futures, options, swaps, and other financial instruments. Students learn about various valuation models including Black-Scholes, binomial trees, and Monte Carlo simulations. The course emphasizes real-world applications through case studies and interactive workshops.
Islamic Finance
Islamic finance is a growing field that adheres to Sharia principles while offering financial solutions for diverse markets. This elective covers the core concepts of Islamic finance including Sukuk, Murabaha, Ijarah, and Takaful. Students gain insight into how these principles influence product design, risk management, and regulatory frameworks.
Quantitative Finance
This course focuses on mathematical and computational methods used in modern finance. Topics include stochastic calculus, numerical methods for solving differential equations, Monte Carlo simulations, and machine learning applications in finance. Students are introduced to programming languages like Python and R for financial modeling.
Behavioral Finance
Behavioral finance examines how psychological biases affect decision-making processes in financial markets. This course explores concepts such as loss aversion, overconfidence, anchoring bias, and herding behavior. Through empirical research and practical exercises, students learn to identify and mitigate cognitive errors in investment decisions.
Sustainable Finance
This elective introduces students to ESG investing, green bonds, carbon markets, and sustainable business practices. It covers the integration of environmental, social, and governance factors into financial analysis and investment decisions. Students also explore regulatory frameworks and reporting standards related to sustainability.
Fintech Innovation
The rapid advancement of technology in finance has led to the emergence of fintech. This course explores blockchain, cryptocurrency, robo-advisors, mobile payments, and AI-driven trading systems. Students examine how these innovations are reshaping traditional financial services and creating new opportunities for disruption.
International Finance
This course provides insights into global financial markets, exchange rate determination, international capital flows, and cross-border financial regulation. It covers topics such as foreign direct investment, international portfolio diversification, and currency hedging strategies. Students gain a comprehensive understanding of the complexities involved in international finance.
Corporate Governance
Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. This course explores the role of boards of directors, shareholder rights, executive compensation, and regulatory compliance. Students learn about best practices and challenges in maintaining ethical standards in corporate finance.
Risk Management Techniques
This elective focuses on advanced techniques for identifying, measuring, and managing various types of financial risks. Topics include credit risk, market risk, operational risk, and liquidity risk. Students are exposed to regulatory requirements such as Basel III and learn how to implement risk management frameworks in practice.
Financial Econometrics
This course combines econometric theory with practical applications in finance. Students learn to build regression models, test hypotheses, and analyze time series data using statistical software. The course emphasizes empirical analysis of financial markets and the use of econometrics for forecasting and policy evaluation.
Project-Based Learning Philosophy
The Finance program at Brd College emphasizes project-based learning as a cornerstone of student development. This approach encourages students to apply theoretical knowledge to real-world problems, fostering innovation and critical thinking skills essential for success in the financial industry.
Mini-projects are integrated into several courses throughout the curriculum. These projects typically last 2-3 weeks and require students to work in teams to solve a specific financial problem or conduct an empirical analysis. The evaluation criteria include the clarity of presentation, depth of analysis, use of appropriate tools, and team collaboration.
The final-year thesis or capstone project is a significant component of the program. Students select a topic relevant to their area of interest and work under the supervision of a faculty mentor. The project involves extensive literature review, data collection, analysis, and presentation of findings. This experience not only deepens academic understanding but also prepares students for graduate studies or industry roles.
Students are encouraged to propose innovative ideas that address current challenges in finance. They can collaborate with industry partners or research institutions to ensure their projects have practical relevance and impact. The program supports student-led initiatives through funding opportunities and mentorship programs.