BSc (Hons) in Finance
Validated by The Open University, UK
Introduction to the Major in Finance
The BSc in Finance equips students with the knowledge and skills necessary to build and grow in their careers. The program provides students with a wide theoretical and technical background, strong interpersonal skills and an ethical perspective for approaching business problems.
The program targets students wishing to pursue professional careers in the three inter-related areas in finance (financial management, investments/risk management and financial markets) while also preparing them for graduate study or professional certifications in the areas of Finance, Banking, Accounting, Economics and Business Strategy & Administration.
The program is also appropriate for graduates and professionals looking to enhance and update their skills in finance and expand their professional horizons either as entrepreneurs, consultants or managers in international or local corporations.
What You Will Study
Deree students can complete a dual degree, that is, a Deree US degree together with an Open University validated award (a UK degree), in just four years. Students begin their studies (first year) by selecting amongst liberal education courses. In subsequent years they attend courses of their major. Finance courses examine the application of financial theory and practice and cover the study of the three areas of finance by developing the quantitative skills necessary to do the following:
- Develop and analyze financial reports;
- Valuate small, medium and large ventures;
- Manage portfolios of stocks, bonds and options;
- Manage financial risks that relate to business and investment decisions;
- Organize, manipulate and analyze financial data with the aim of making financial projections;
In addition, topics that relate to business organization and planning, professional communication, business law and ethics will be studied. Students will also have the opportunity to apply their knowledge in real business settings.
If you plan to focus on financial management, you are advised to choose from the following elective courses; Corporate Governance and Accountability, Entrepreneurial Finance, Derivative Products, Maritime Financial Management, Financial Reporting, Management Accounting, Strategic Management, Internship.
If you plan to focus on investment/risk management and financial markets, you are advised to choose from the following elective courses; Derivative Products, Quantitative Finance, Tax Structured Finance, Commercial Bank Management, Maritime Financial Management, Internship.
Career/Graduate Study Opportunities
Upon graduation, students will have gained knowledge and understanding of financial theories and the workings of financial markets, institutions and instruments. They will be prepared to advance their academic studies at the graduate level, work within the finance departments of business organizations or become financial analysts, financial planners or portfolio managers at a certified level.
This program has received exemption accreditation from the Association of Chartered Certified Accountants (ACCA).
Deree graduates from January 1, 2023 to December 31, 2027, who would like to continue their studies and obtain the ACCA professional qualification are entitled to receive exemptions from the following 4 ACCA papers:
- Business and Technology (BT)
- Management Accounting (MA)
- Financial Accounting (FA)
- Financial Reporting (FR) (with completion of modules AF3104, AF4207 and AF4323)
In addition, the program has received exemptions from the following Foundations in Accountancy papers:
- FA1 – Recording Financial Transactions
- MA1 – Management Information
- FA2 – Maintaining Financial Records
- MA2 – Managing Costs and Finance
- FBT – Business and Technology
- FMA – Management Accounting
- FFA – Financial Accounting