Accounting and Finance (Joint program)
 

About the program

The program seeks to develop the analytical, intellectual, critical and research skills of students, in a manner that guarantees their professional qualification to work in Accounting and Finance, within a scientific field that combines two specializations, which complement one another.

 The program seeks to enhance  the skills of students  in complementary and fundamental fields of professional work within the best international and local professional practices, especially in light of the  globalization economics and successive global economic changes and developments, and in line with national aspirations within the national development plan towards developing the role of legislative, accounting and supervisory oversight bodies, and strengthening systems of institutions Palestinian state and private and private institutions.

Why MA program in Accounting and Finance
 

This comes through providing an MA program in Accounting and Finance for the following reasons:

  1. Launching a program to keep up with the current and successive developments in the science of accounting and finance in accordance with international standards.
  2. Providing new knowledge in a new scientific field, distinguished by merging two complementary scientific fields at the same time, accounting and finance.
  3. The community’s need for a program to keep pace with scientific developments similar to international universities.
  4. The interest and need of the institutions of specialized people who have higher degrees in accounting and finance.
  5. Qualifying graduates of the program to enroll in doctoral programs in accounting and finance.
  6. The increasing demand for financial and administrative professionals who practice accounting and finance in innovative and creative ways.
  7. Honing the skills necessary for graduates towards opening horizons for pilot projects that enhance the position of the national economy.
  8. Meeting the needs of public and private companies for auditors, accountants and financial advisors, who represent the pillars of institutions.
  9. Providing the market with distinguished graduates who are able to participate in drawing future financial and monetary policies that represent the detailed economic policies that govern the country.
Goals
 

Goals of the MSc Accounting and Finance program:

  1. Providing students with research and analytical skills that enable them to solve financial problems facing business organizations.
  2. Developing distinguished competencies capable of financial and monetary analysis in accordance with the best international and professional practices, and develop the skills necessary to manage investment portfolios and risk analysis
  3. Preparing distinct and creative competencies capable of making decisions between different financial and monetary alternatives.
  4. Enhancing and developing graduates' abilities to make investment decisions and determine their financing methods according to the best alternatives.
  5. Deepening the student's analytical skills for operational and public budgets and how to analyze and evaluate financial performance of profit and non-profit institutions and public sector institutions, as well as the process of making financial and monetary policies.
  6. Enabling students to pass the pre-requisite to join the doctoral programs in international universities.
  7. Enhancing the capabilities and skills of the employees of the program to practice work in international and international institutions operating in Palestine
  8. Enhancing students skills and abilities to pass professional qualification examinations in Accounting and Finance, such as obtaining a Certified Public Accountant-CPA, American Chartered Financial Analyst, Certified Management Accountant-CMA, Certified Internal Auditor - CIA, and Certified Arab Accountant Professional (ACPA) , And other professional certifications in accounting and finance.
Prospective Employment
 
  • Chief Accountants
  • Financial managers
  • Auditors
  • Financing managers
  • Commercial risk managers
  • Accounting Information Systems Specialists
  • Consultants.
Graduates may occupy positions
 

Graduates of Accounting and finance program may occupy many positions at different administrative levels with the following bodies:

  • Ministries and all government institutions.
  • Private sector organizations.
  • Private and charitable organizations.
  • Research and studies departments in governmental and private institutions.
  • Educational, health, social and security services departments.
  • Local and municipal bodies.
  • consultants in economic policies
  • Financial markets, insurance sector and financial institutions
  • Palestine Monetary Authority.
Courses Description
 

Description of Courses for the Master in Accounting & Finance Program:

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course exchanges views about theoretical financial basis by analyzing a financial condition of companies and quality capital sources, and evaluating the long term capital investment in case of uncertainty. It also converses about topics: - Definition of Financial Management and Functions - Financial Planning and Control - Capital structure - Cost of capital - Dividend Policy and Theories - Evaluation of securities - Merger and Acquisition.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course deals with the definition of financial analysis in terms of its aims, methods, tools, approaches, concerned parties, and using it in policies and decisions making. The course aims to provide students with the philosophical theoretical framework of the definitions of accounting financial analysis including the advanced concepts of financial reports and the request for accounting financial information and present it by analyzing financial statements using pre styles in financial analysis as analyzing the financial ratio of financial statements through evidences and applied issues, analyzing structures and evaluation tools ,and analyzing time series of necessary information for decisions making and prediction approaches and techniques of a financial failure and a Financial insolvency of firms and projects.

Credit Hours: 3 (Theoretical: 2, Practical: 1)

Prerequisite: 0/6590

The course aims to provide researchers with modern accounting research topics, and its aims also to give them an opportunity to train in dealing with the methodologies of scientific research through discussing and analyzing modern research papers. This course requires the researchers to prepare a scientific research project, which help him to be ready to work on their master's thesis.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course presents a balanced offer of the theoretical and applied sides of financial accounting with a specialized focus on accounting theories by studying the philosophy, literature, approaches and different methods of accounting theory, in addition to accounting topics which are related to the measurement, disclosure and extent of accounting data benefit for decisions makers, and other innovative accounting topics.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

The course aims to provide a student with the most general important definitions of investment portfolio and its main aims. This course focusses on the definition of investment and its different alternatives as stocks, bonds, choices, futures contracts, returns measurement methods and different types of risk as static risks ?€œbeta?€ and total risks, in addition to portfolio analysis depending on rate of return and risk rate. It also discusses investment markets, its institutions and different tools, in addition to choice styles between investment aspects to get to the best portfolio investment. Then it focusses on how to manage investment portfolio, counting returns and risks with clarifying capital market line, portfolio investment evaluation basis, and finally financing derivatives with a focus on its risks, advantages, and its important types.

Credit Hours: 3 (Theoretical: 2, Practical: 1)

Prerequisite: 0/6590

This course focusses on the depth of thinking about mechanism, tools, and techniques which are used in a scientific research process in topics about business institutions. This course also focusses on methods, methodology, quantitative and non-quantitative methods of scientific research, practical cases are being used to clarify how suitable is the using of methodology and research designs of each case.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course involves linking software, human resources and data in integrated information systems which use to organize the business, in order to improve the decisions making process, which may give the business a competitive advantage. This course also covers several topics such as organizational and technical basics of information systems, and how we can build, develop and manage these systems. Moreover, this course discus the different type of managerial system such as career information systems (CIS), supply chain management systems (SCM), customer relationship management systems (CRM) information support systems (ISS), and decision support system (DSS).

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course aims to introducing the merger of companies, and the procedures adopted in preparation of accumulated financial statements resulting from the merger, in addition to the accounting treatment of the transactions between the parent company and the subsidiary companies, And transfer the financial statements of branches in foreign countries to the Parent Company's.

Credit Hours: 6 (Theoretical: 0, Practical: 6)

Prerequisite: 0/6590

This course is limited only to students following the thesis track. The student must choose in this track, in coordination with his/her supervisor, a research topic that reflects a problem facing an institution or a specific economic sector, or a research problem at the macro level. The problem must be addressed according to the scientific research principles learned in the course of Research Methods. The student must write a master?€™s thesis in one of the areas of Accounting and Finance and other related fields. The credit hours of the thesis can be registered for, after successfully passing 21 credit hours in the program, including the course of Research Methods.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course aims to clarifying the nature of the financial and monetary market and their components, as well as clarifying the role of intermediaries in creating the financial market. The focus of this course is on financial and monetary markets as one of the basic components of the financial system. Moreover this course will discuss topics like money markets, foreign exchange market, euro dollar markets, short-term debt instruments, financial institutions such as banks and Underwriting firms, and capital markets. He also looks at the impact of interest rates on the prices of dealing instruments.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

The course aims to improve the required skills for investment decisions making for companies and risk analysis. Also to provide students an overview of the topics related to investment and finance as: - Definition of Investment and Finance - Investment Theories. - The difference between capital theories and investment theories. - Determinants of investment (in General and in Developing Countries) - Capital budgets and investment planning. - Investment risk - Investment analysis "Technical and Fundamental" - Finance theories - Sources of long-term finance - Sources of Islamic finance - Financial planning.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course focusses on main cases in auditing , it cares about the theoretical sides for applying the process of auditing, in addition to enabling students to understand modern auditing approaches according to the international standards of auditing and quality control, other processes of confirming, and related services, with improving students critical analysis skills of significant issues that face the career, work ethics, testing and evaluating of internal control systems, and finishing of revision procedures.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course is considered to be the main umbrella and reference for accounting students in different accounting cases over the international and local level. This course discusses international accounting strategies, international financial reports strategies, and the most important applications, updates and changes which they had.

Credit Hours: 0 (Theoretical: 0, Practical: 0)

Prerequisite:

This requirement is for the students enrolled under the comprehensive exam track. Students can register in this track after passing the core and elective requirements (36 credit hours). The student is granted the degree based on the results of the exam. The exam relies on the following six core courses, Strategic Management Accounting, International Accounting and Financial Reporting Standards, Advanced Financial and Accounting Analysis, Advanced Auditing, Advanced Financial Management Portfolio, and Investment Management. The student can only repeat the exam once in case he/she fails. In case the student fails again, she/he shall be granted a Higher Diploma Degree in Accounting and Finance instead of a Masters Degree.

Credit Hours: 3 (Theoretical: 1, Practical: 2)

Prerequisite: 0/6590

This course introduces students to elementary statistics and to confidently apply a variety of statistical methods. Students will learn how to enter data into SPSS, analyze qualitative and quantitative variables and carry out a variety of a statistical analysis. Students will learn how to conduct: (i) descriptive statistics, (ii) one-sample T Test, (iii) contingency table, (iv) ANOVA test, (v) simple and multiple regression and (vi) logit, probit and tobit regressions using both SPSS and STATA software packages.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course focusses on the main and advanced topics in Management Accounting with its modern strategic trends, and it's also identifying breakeven analysis and cost classification topics. Moreover, discus exploiting financial statements and suitable costs to help management, as well as, introducing several issues related to: preparing planning, capital and decentralize budgets, responsibility accounting, methods of pricing products, time, cost and quality management.

Credit Hours: 3 (Theoretical: 1, Practical: 2)

Prerequisite: 0/6597

This course discusses advanced statistical topics that a student benefits from during his study and practical life through the topics which the course presents which are about the process of decisions making that are based on data , testing and evaluating of different economic theories , helping in drawing policies , decisions making and predicting economic changes values in the future . And it helps a student to test research assumptions in advanced statistical ways using advanced statistical software.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course aims to raise students?€™ awareness level with self-employment as a future vocational choice; in which a graduate becomes a business pioneer and an owner of a profitable project which makes him able to leave a traditional job by clarifying the definition of pioneering and its role in projects success, defining the most important pioneering strategies, clarifying steps for creating a project, showing problems and challenges that face small facilities, and studying the importance of small projects for national economy and its role in development.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course covers subject related to cost accounting updates and differences between modern and traditional cost systems, also its discuss several topics like cost management strategies, cost allocation methods, cost lists, costs and its deviations, distribution of common costs, and target costs.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

This course aims to present and analyze the concepts and models of strategic management and its implementation in contemporary organizations, with a focus on analysis, formulation and implementation of strategies in organizations. Furthermore, this course aims to deepen in analysis mechanisms, design processes, and implementation of general strategies at the administrative level in organizations. The course also examines and analyzes the development of strategic thinking, organizational culture, processes of analyzing the internal and the external environment of organizations and finally the challenges of strategic management.

Credit Hours: 3 (Theoretical: 3, Practical: 0)

Prerequisite:

The course aims to introduce the basic concepts, methodologies, tools and techniques used in project management and that by identifying the detailed project life cycle and identifying the knowledge areas in project management such as: project scope management, project time management, project cost management, project quality management, project risk management, project procurement management, etc. Moreover, several practical examples and practical cases of projects in different areas are also presented and discussed, in which students can practically use concepts, methodologies and tools which are addressed in the course.