FIRST SEMESTER
Course objectives: The objective of the course is to introduce the students with the knowledge about activities conducted in corporate and retail banks from the perspective of Bangladesh and around the globe. It contains mathematical application, case studies on banks and study of distinguished articles which will enhance the practical knowledge of students besides their theoretical knowledge.
Course contents: Introduction to corporate and retail banking, overview of the changing financial services sector, retail banking in Bangladesh and beyond, opening and operating bank accounts, establishing new banks, branches, ATM, tele-services and website, managing and pricing deposit products, corporate banking in banking and beyond, lending to business firms and pricing business loans, consumer loans, credit cards, real estate lending, loan sales and trading: an innovative forms risk transfers, asset securitization, mobile banking growth and driving forces, agent banking.
Textbook:Bank Management and Financial Services by Peter S. Rose and Sylvia C. Hudgins
Reference book:Retail Banking by Keith Pond
Course objectives: The main goal of this course is to study the effect of government expenditure programs and taxation systems on the welfare and behavior of citizens. After completing the course the students will understand why and how the government may intervene in an economy.
Course contents: Introduction to public finance, government revenue and expenditure systems, tools of positive and normative analysis, public goods, externalities, political economy, cost-benefit analysis; social security: unemployment and health insurance; income redistribution, fiscal deficit and public debt, taxation.
Textbook: Public Finance by Harvey S. Rosen and Ted Gayer
Reference book: Public Finance and Public Policy by Jonathan Gruber
Course objectives: This course is a gateway course to other major courses in the stream of finance. It provides a foundation that students will need in advanced finance classes. This course is designed to help understand the mechanics of financial instruments and market participants.
Course contents: Introduction to financial markets and an evaluation of the institutions, instruments and participants involved in the industry, Evaluation of equity, money, bond, futures, options and exchange rate markets, investigation of various institutional participants and different types of financial instruments.
Textbook: Financial Markets and Institutions by Jeff Madura
Reference book: Foundations of Financial Markets and Institutions by Frank J. Fabozzi, Franco Modigliani, Frank J. Jones, andMicheal G. Ferri
Course objectives: This course seeks to provide students with a clear understanding of the concept of digital banking practices and internet based modern financial services. The course is designed to update students with current developments in the banking industry with respect to the application of automation, online platform and electronic transactions. The process of digital transformation is the keystone of this course.
Course contents: Theory and operations of modern banking, recent developments and trends in e-banking activities, fundamentals of e-banking, delivery channels, data communication and network infrastructure, plastic money, electronic payment system, mobile financial services, security issues of online banking, IT risk and risk management principles of e-banking.
Textbook: E-Banking and E-Commerce by Shibli Rubayat-Ul-Islam
Reference book: E-Banking by Raghunath Desai
Course objectives: This course seeks to give an understanding of the ways in which management accountants can provide relevant information for a variety of decisions to be made in managing any organization. On completion of this course, students should be able to identify, use and interpret the results of costing techniques appropriate to different activities and decisions; formulate and use standards and budgets for planning and control purposes; understand the role of responsible accounting and performance measurement; appreciate the need to relate management accounting systems to contemporary thinking about organizational planning and control.
Course contents: Managerial accounting and cost concepts, job order costing, process costing, cost-profit-volume analysis, variable costing and segment reporting, activity-based costing, master budgeting, flexible budgets and performance analysis, capital budgeting decisions, statement of cash flows, financial statement analysis.
Textbook: Managerial Accounting by Ray H. Garrison, Eric W. Noreen and Peter C. Brewer
Reference books
1. Introduction to Management Accounting by C. T. Horngren, G. Sundemandand W. O. Stratton
2. Cost Accounting: Using a Cost Management Approach by L. G. Rayburn
SECOND SEMESTER
Course objectives: This course has been designed to give students a practical orientation about taxation system of Bangladesh. Student will learn to calculate the personal income taxation, business taxation system and regulations involved in this taxation process. Upon completion of this course students will master in taxation system of Bangladesh and its importance in economic and financial system of the country.
Course contents: Taxation and its scope, Bangladesh income tax, basics of income tax, income and its classification, assessment; calculation of taxation: income from salary, income from interest and securities, income from household properties, income from agriculture, income from business and profession, income from capital gain; custom and other taxes, value added tax.
Textbook: Bangladesh Income Tax Theory and Practice by Nikhil Candra Shil, Mohammad Zakaria Masudand Mohammad Faridul Alam
Course objectives: This course is designed to provide the students with the basic principles and techniques of security analysis including securities trading and regulation. The course aims to introduce students with the equity and the bond market, stock options, and approaches to investing in the stock market and building stock portfolios. Particular emphasis is given to three competing approaches to stock investment: Fundamental analysis, technical analysis and efficient market analysis. The course will also encourage students to apply stock and option valuation models in portfolio management.
Course contents: Definition of securities, securities regulation in Bangladesh, the investment environment, markets and instruments, trading mechanism, macroeconomic and industry analysis, fundamental analysis, technical analysis, equity valuation models, valuation of fixed income securities, portfolio analysis, construction of optimal risky portfolio; options valuation; and market microstructure.
Textbooks
1. Investment Analysis and Portfolio Management by Reilly, F.K. and K.C. Brown
2. Investments, Zvi Bodie, Alex Kane and Alan Marcus
Reference book: Investments: Analysis and Management by Charles P. Jones
Course objectives: The main objective is to develop an understanding of the international business opportunities and challenges as faced by the local firms and individuals, and to identify ways how they can best address these issues when competing in the global marketplace.
Course contents: Globalization andinternational business, cultural environments of business, political and legal environments of business, economic environments of business, international trade and factor mobility theory, governmental influence on trade; export-import: documentation and steps, methods and instruments of payment and pricing terms; methods of financing exporter, international flow of fund, exchange rate determination, currency derivatives, international arbitrage and interest rate parity, relationship among inflation, interest rate and exchange rate, operations of offshore banking unit in Bangladesh.
Textbook: International Business: Environments and Operations by John D. Daniels, Lee H. Radebaugh, and Daniel P. Sullivan
Reference book: Export Import Management by Justin Paul and Rajiv A. Sarker
Course objectives: This course is outlined to understand the concept and objectives of auditing and gain working knowledge of generally accepted auditing procedures and of techniques and skills needed to apply them in audit and attestation engagements and solving simple case-studies. After completing the course, students are expected to gain the latest knowledge of auditing, the awareness of International Auditing Standards, with the latest tools and techniques in internal and external auditing.
Course contents: Auditing and assurance services, professional standards, engagement planning, management fraud and audit risk; risk assessment: internal control evaluation; employee fraud and audit of cash, revenue and collection cycle, acquisition and expenditure cycle, finance and investment cycle, completing the audit, reports on audited financial statements, audit and inspection practices in the financial institutions in Bangladesh.
Textbooks
1. Auditing: An Integrated Approach by Alvin A. Arens and James K Loebbecke
2. Assurance Manual, The Institute of Chartered Accountants of Bangladesh (ICAB), Professional Stage
Reference book: Auditing and Assurance Services, by Louwers, Ramsay, Sinason, Strawserand Thibodeau
Course objectives: Business decision-making involves considerable complexity and uncertainty. This course introduces the concepts in quantitative business analysis to help students gain a clear understanding of the key elements in the decision making process. Methods will be discussed that are used extensively in business organizations. These methods provide the students with the tools and the skills to approach, analyze, and solve problems of varying scales.
Course contents: Concept of quantitative analysis, linear programming models: graphical and computer methods, linear programming: simplex method, specially structured linear programs: transportation and assignment problems, decision analysis, waiting lines and queuing theory, forecasting, moving averages and smoothing averages.
Text book: Quantitative Analysis for Management by Barry Render and Ralph M. Stair
Reference books
1. Quantitative Approaches to Management by Richard I. Levin and David S. Rubin
2. Quantitative Decision Making by Lawrence L. Lapin and William D. Whisler