Mission

Financial Engineering is the application of the mathematical tools and computational methods commonly used in engineering to financial problems, especially the pricing and hedging of derivative instruments. It involves the development and creative application of financial theory and Financial instruments such as forwards, futures, swaps, options and related products to structure solutions to complex financial problems and to exploit Financial opportunity.

Financial Engineering is not a tool, It is a profession that uses tools, of which derivatives are one. Importantly, the term “Analysis” means to “decompose in order to understand”. The term “Engineering” means “Build”.

Total Credits
106
Apply Before
January 2018
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Admission Requirements

Applicants must pass the Lebanese Baccalaureate Part II (any strand) or its equivalent as identified by the Lebanese Ministry of Education. An applicant is accepted if he or she fulfills all the NDU admission requirements. In addition, there are three states of selection to the B.B.A., acceptance, conditional acceptance, and rejection. Students may be assigned MAT 105 as a remedial course in light of their composite scores.

 

Graduation Requirements

Students seeking the degree of Bachelor of Business Administration - Finance, Accounting, and Financial Engineering must complete a total of 106 credits. An overall average of at least 2.0/4.0 and a minimum average of 2.3/4.0 in the common core and major requirements. These credits are divided into: General Education Requirements, Common Core Requirements, Major Requirements, Faculty Electives, and Free Electives. In addition, the passing grade for Principles of Accounting I and II, Principles of Microeconomics and Macroeconomics, and Principles of Financial Management I, is “C”. The passing grade for remedial Math courses is “C”. Students are strongly advised to plan their courses in advance for the entire program. All Accounting majors must complete an internship course which provides field experience prior to graduation.

Courses

Liberal Arts Curriculum (27cr.)

Suggested Program

Fall Semester Year I (15cr.)
ACO 201 Principles of Accounting I (CCR) 3 cr.
BAD 201 Fundamentals of Management (CCR) 3 cr.
ECN 211 Principles of Microeconomics (CCR)  
ENL 213 Sophomore Rhetoric (LAC) 3 cr.
(LAC) 3 cr.
Spring Semester Year I (15cr.)
ACO 202 Principles of Accounting II (CCR) 3 cr.
ECN 212 Principles of Macroeconomics (CCR) 3 cr.
ENL 230 English in the Workplace (LAC) 3 cr.
MAT 205 Math for Business & Economics I (CCR) 3 cr.
(LAC) 3 cr.
Summer Session Year II (9 cr.)
BAF 311 Principles of Financial Management I 3 cr.
STA 206 Applied Statistics for Business & Econ. I (CCR) 3 cr.
(LAC) 3 cr.
Fall Semester Year II (15 cr.)
ACO 311 Managerial Accounting (CCR) 3 cr.
BAF 312 Principles of Financial Management II (MR) 3 cr.
CSC 201 Computers and their use (LAC) 3 cr.
STA 207 Applied Statistics for Business & Econ. II (CCR) 3 cr.
(LAC) 3 cr.

Spring Semester Year II (16 cr.)
MAT 336 Numerical Methods for Finance (MR) 3 cr.
MRK 201 Fundamentals of Marketing (CCR) 3 cr.
BAF 321 Fund amentals of Investments (MR) 3 cr.
CSC 216 Computer Programming I (MR) 3 cr.
CSC 372 Mathematic Software Packages (MR) 3 cr.
BAD 323 Software Tools for Business Applications (CCR) 3 cr.
Summer Session Year II (6cr.)
ECN 333 Managerial Economics (CCR) 3 cr.
(LAC) 3 cr.
Fall Semester Year III (15cr.)
BAF 421 Advanced Investment Finance (MR) 3 cr.
BAF 450 Futures and Options (MR) 3 cr.
BAF 452 Financial Modeling (MR) 3 cr.
FEN 442 Financial Risk Management 3 cr.
(LAC) 3 cr.
Spring Semester Year III (13cr.)
BAD 453 E-Business (CCR) 3 cr.
FEN 431 Fixed Income Securities (MR) 3 cr.
FEN 455 Advanced Derivatives Model (MR) 3 cr.
FEN 463 Computational Finance and Simulation (MR) 3 cr.
(LAC) 3 cr.

GRADUATION REQUIREMENTS

Total 106 Credits
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