Talk to us Welcome to Bomet University College Click here. Finance Department. Learn more. Vision Mission Core values Philosophy. Vision To be a premier Green University in fostering research excellence in Science, Technology and Innovation for sustainability.
Mission To provide a conducive environment for discovery, preservation and dissemination of knowledge; to nurture critical inquiry, creativity and engagement for social transformation and advancement of humanity. And our top-notch students respond in kind. They learn from the way our faculty members frame problems, put forward hypotheses, and offer evidence rather than mere supposition—critical lessons for future leaders.
They draw connections between their fields of growing expertise and the wider world. They learn how to make a difference, wherever they go. I invite you to learn more about our distinctive approach to Business and Economics education at our school.
Steps of the accounting cycle, analyzing and recording transactions, general journal, general ledger, trial balance, adjusting and closing entries, preparation of financial statements, accounting for merchandising operations, special journals and subsidiary ledgers, inventories, accounting for cash, and receivables. Plant assets, natural resources and intangibles, current liabilities and contingencies, accounting for partnerships and corporations, capital stock, dividends and retained earnings, long term liabilities, and statement of cash flows.
The environment, of financial accounting and the development of accounting standards, conceptual framework underlying financial accounting, review of accounting process, statement of income and related information, retained earnings statement, balance sheet, cash and receivables, valuation of inventories, exchange of assets and intangible assets. An overview of auditing, professional ethics, audit evidence and documentation, audit report, study and evaluation of internal control, audit planning and assessment of risk.
Cost terms and concepts, cost classification, job costing, process costing, standard costing, income effects of alternative product costing methods, cost allocation, and activity-based costing ABC system. This course covers the need and scope of international accounting, international diversity in y accounting and comparative accounting practices, budgeting and performance evaluation of multi-national corporations, analysis of foreign financial statements, IASB and international accounting standards, international taxation and transfer pricing, and international auditing issues.
Financial accounting application in Banking; including cash, due from banks, investments, loans, demand deposit, saving and time deposit, and stockholder equities. An overview of business processes internal control, system development and documentation techniques, introduction to e-business, computer approaches to business data processing including application entries, overview of computerized AIS, revenue cycle, sales and cash collections, expenditure cycle, purchasing and cash distributions, manufacturing and financial accounting cycles.
Overview of audit plan and audit program, audit of the sales and collection cycle, audit of payroll and personnel cycle, audit of inventory and warehousing cycle, completing the audit, governmental financial auditing and operational auditing, and current issues in auditing.
Principles of accounting for income tax, income for tax purposes, tax deduction computation of taxable income, depreciable assets, research and development costs, property tax, capital gains tax, social security taxes, and tax liabilities. The students learn the essentials of cost accounting as well as their practical applications.
Introduction to cost behavior and cost-volume-profit relationships, relevant information and decision-making, the master budget, flexible budgets and variances, management control system, and responsibility accounting. Scope of accounting; nature and uses of accounting information, images of accounting, formulation of an accounting theory, traditional and modern accounting theories, conceptual framework for financial accounting and reporting, accounting standards-setting process, income and value measurement, general purchasing power accounting, and current value accounting.
An in-depth study of several issues that are currently affecting the accounting profession in financial accounting, management accounting, and auditing. Each student is required to complete research in accounting in order to pass this course. Each research must have a supervisor and must follow proper research methodologies. The research is presented in front of a committee at the end of the semester and is graded by the committee. Overview of business administration as a field of study and practice, a survey of major functional specialties within business management, accounting, finance, marketing and production, interrelationships among various specialties and foundation-level, and understanding of the management profession.
This course covers the basic concepts of risk management and types of insurance, the application of probability theory, sources and uses of funds for insurance companies, the profitability of the insurance companies, competition in the insurance industry, and the impact of the new World Trade Agreements on the insurance business.
The course focuses on preparing the students for business mathematical and statistical matters. It teaches the students about percentages, probabilities, and begins to drive into statistical techniques. It covers the legal environment of business in Bahrain; commercial contracts and obligations, commercial papers, bankruptcy law, the legal status of different business entities, company law, the law of contracts, land and property law, and the process of litigation.
It discusses labor law in the private and government sectors related to employee training, incentives, promotions, and the pension system.
It covers the concepts of entrepreneurship and the process of creating a new venture start-up. It also discusses small business management, skills, concepts, knowledge, and attitudes relevant to creating and building a new business venture. Class discussion and presentation of entrepreneurial related case studies form is an integral part of the course learning process.
Detailed analysis of capital budgeting under conditions of uncertainty: cost of capital, capital structure, dividend policy, long-term financing, capital markets, investment banking, common stocks, preferred stocks, debt instruments, leasing, convertibles, mergers and acquisitions, introduction to international finance, small company finance, and failure and reorganization.
Defining marketing and the marketing process, understanding the marketplace and consumers, designing a customer- driven strategy and mix, and extending marketing activities and strategies. Introduction to production and operations systems; system approach, operating strategy, new products decision and design, supply chain management, total quality management, process decision and design, project planning and control, forecasting, and inventory control.
It covers the different regulations relating to dealing in the stock market; stockbrokers, individual investors, and corporate investors. This course focuses on financial techniques used in making business decisions. Finance fundamental principles provide students with the basic tools necessary to analyze projects and justify the investment.
Students learn how to use a variety of capital budgeting techniques that shed light on the financial impact of choosing between various projects. Elements of marketing management: the marketing system and the marketing environment, market segmentation, analysis of consumer and industrial markets, marketing research, and marketing information systems.
The marketing mix: product decisions, pricing decisions, distribution decisions, promotion decisions, and international marketing in non-profit organizations.
This course teaches students about the importance and impact of advertising in marketing practice. Introduction to personnel theories, policies, and techniques, as well as job description and analysis, recruitment and selection, personnel testing and interviewing, supervision and control, building employee incentives and motivation, compensation and salary administration, manpower planning and human resources development, performance appraisal, and selected personnel applications using Gulf cases.
This course covers the modern challenges of human resources management, strategic human resources management, knowledge-based economy and knowledge workers, managing workforce diversity and culture, human resources planning and recruitment, organizational exit, downsizing strategies, and outsourcing, career management and development, information technology and human resources management, appraising and improving performance.
It discusses some key issues of services marketing, ethical issues in services marketing, services marketing management, marketing planning for services, defining and measuring customer satisfaction, service quality, and the application of the marketing mix to services marketing. An introductory analysis of financial intermediation; the flow of funds in the economy, determination of interest rates, money and capital markets, commercial banking, thrift institutions, savings banks, credit unions and money market funds, and many other financial intermediaries including brokers and dealers.
This course covers the principles and structure of Islamic banking, alternatives of interest-free banking application as alternative methods of investment, a comparative study of conventional banking, current issues, and the future of Islamic banking. This course includes the recruitment and selection of the organization employees, as well as rules and techniques for selecting the best candidate for a job.
The ideal compensation management policy ensures that the best talent will remain with the organization while attracting new talent and minimizing turnover. In conjunction with benefits administration and workforce analytics; an effective compensation management policy steers employee toward behaviors that enhance personal well-being and minimize the risk of burnout.
This course is an interdisciplinary one where students are taught finance in view of accounting. Understanding financial statements, financial accounting and financial ratios throughout the course. Students are encouraged to find real financial statements from various companies and measure different financial aspects. Introduction to production and operations systems including system approach, operating strategy, new products decision and design, supply chain management, total quality management, process decision and design, project planning and control, forecasting, and inventory control.
This course introduces the fields of purchasing and materials management. It explores its central concepts, and interfaces this to the other areas of a company and the changing roles within a business.
This course provides opportunities to examine issues such as: supplier selection process, supplier relations, supplier management, and strategic issues.
Nature and function of marketing channels; creating utility, facilitating exchange efficiencies, alleviating discrepancies, standing transaction, providing customer services, types of channel integration both vertical and horizontal, choice of distribution channels, organizational objectives and resources, market characteristic, buyer behavior, product attributes and the behavior of channel members.
Introduction to internet and its characteristics, the use of internet in commerce and marketing, designing a business website, customer relationships management, quality of services offered, development of new products, pricing, strategic planning, the legal, social and ethical aspects of internet marketing, success and failure, and future of interactive marketing. It covers the concept of consumer behavior, factors influencing and shaping consumer behavior, steps involved in the consumer buying decision, and consumer behavior after buying a product.
An introduction to marketing research procedures; definition of the marketing problem, scientific methods and marketing research, types of research methods, planning research sampling methods, development of forms for data collection, analysis of data, research report, and follow-up. The School of Business and Entrepreneurship is driven by a culture of integrity, professionalism and academic excellence. We anticipate to graduate focused, creative and practical oriented individuals who can work smartly both nationally and internationally.
Faculty Profiles BUC e-portals. Talk to us Welcome to the School of Business and Entreprenuership.
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