q Bachelor’s Degree in Economics & Finance (BSEF) - Ahlia University

Bachelor’s Degree in Economics & Finance (BSEF)

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The Bachelor’s Degree in Economics and Finance (BSEF) programme has been developed to enable students to gain economic reasoning, quantitative skills and practical experience that would qualify them to become business leaders in today’s market. The programme offers in-depth knowledge in economics and finance through different means such as lectures, projects, field trips, simulations, internships, case studies, industry speakers, seminars, and various statistical software.

The programme helps students to gain knowledge in the field of microeconomics and macroeconomics theories and practices, econometrics, industrial and international economics, public finance, financial management, investment and portfolio management, and international finance. In addition, graduates obtain entrepreneurial skills and knowledge, whereby they are encouraged to start up their own businesses.

Programme Facts

  • Department/Center: Department of Accounting Finance and Banking.
  • Title of Final Award: Bachelor’s Degree in Economics and Finance.
  • Awarded Level (NQF): 8.
  • Modes of Attendance offered: Full time

  • Aligned the programme with United Nations Sustainable Development Goals
  • Introduced Market related courses (Taxation, Contemporary Issues in Economics and Finance as well as Marketing Course)
  • The programme is aligned with 5 papers exemptions with ACCA
  • Increased Major elective courses (to take two major electives instead of one to increase employability)

Programme Aims

  • To equip students with in-depth knowledge and multi-perspectives on sustainable economics and finance.
  • To provide student with competence to practically apply professional standards related to economics and finance
  • To develop student’s innovation and leadership potential through a variety of soft skills such as communication, teamwork and global citizenship.
  • To develop awareness and appreciation for social and ethical responsibilities at the societal and global levels.
  • To equip students with creative and innovative skills to adapt lifelong learning and research.

Career Opportunities

We make sure that our graduates are ready to work in the very competitive business market in Bahrain. Due to the strong reputation of our university and its academic programs, our graduates usually start working shortly after graduation. According to our records, our graduates were found to work in the following positions:

  • A government Economist
  • Financial Consultant
  • Investment Firms
  • Economic Analyst
  • Statistical Analyst
  • Bankers
  • Research Institutions
  • Supervisors / Managers
  • University Lecturers
  • Business Owners

Our graduates also develop entrepreneurial skills, and they are encouraged to start up their own businesses

Programme Learning Outcomes

A. Knowledge and Understanding

A1. Concepts and Theories
Demonstrate critical knowledge and understanding of theoretical fundamentals of economics and finance, their application to contemporary issues to derive alternative solutions.

A2. Contemporary Trends, Problems and Research
Investigate and interpret contemporary trends, major issues related to economics and finance through the execution of defined research projects.

A.3 Professional Responsibility
Demonstrate knowledge and adherence to professional responsibilities and business practices, as a business professional, in the field of economics and finance.

B. Subject-Specific Skills

B1. Problem solving
Use specialist-level computational and technological skills to analyze economic and financial data and generating output used in decision-making.

B2. Modelling and Designing
Demonstrate creativity in using economic models, grounded in econometrics and statistics, to empirically identify causal factors underlying, as well as to predict economic trends.

B3. Application of Methods and Tools
Apply specialist software-based information systems and statistical tools, to generate economics and financial sustainable and reliable data used in decision-making.

C. Critical Thinking Skills

C1. Analytic Skills
Critically analyze and interpret economic and financial information using specific economics and finance tools.

C2. Synthetic Skills
Demonstrate insight of economics and financial principles and theories in conjunction with professional judgment to generate conclusions in a range of relevant contexts.

C3. Creative Skills
Demonstrate creativity in identifying complex contemporary economics and financial issues as well as the implementation of relevant solutions.

D. General and Transferable Skills (other skills relevant to employability and personal development)

D1. Communication skills
Use specific skills to communicate technical concepts and theories to a variety of audiences by oral, electronic and written means.

D2. Teamwork and Leadership
Operate at specialized level teamwork skills, and lead, multiple and heterogeneous teams within the framework of jointly tackling problems encountered in collaborating efficiently in a variety of professional contexts.

D3. Organizational and Developmental skills
Demonstrate organizational skills and life-long skills needed to support personal and professional development aligned with independent learning.

D4. Ethics and social responsibility
Demonstrate and appreciate ethical and social reasoning in the decision-making of corporate and governmental organizations in terms of stakeholder welfare including a comprehensive examination of the importance of sustainable development to the economy and society.

Study Plan

First Year

Year one involves in taking orientation courses in English, Mathematics, IT, and principles of Macroeconomics and Principles of Microeconomics. Year 1 is the building block for the BSEF degree where students get the opportunity to enrol in courses with basic knowledge and understanding level outcomes with simple applications to real life examples to develop the familiarity towards the subjects and be prepared for higher level courses.

Second Year

The second year builds further on English language skills and Maths by introducing the students to higher level Maths, English writing and also by introducing them to statistics which is essential for pursuing Econometrics as a course in the following year. In Economics and Finance, students take up intermediate level courses to be ready to pursue advanced subjects in the following years.

Third Year

Year three provides students with the opportunity to take up advanced level courses in Economics and Finance along with electives in this area. The courses range from Risk Management, Corporate Finance, Business law in Finance to International Economics, Econometrics and others.

Fourth Year

This year the students will take electives and range of courses in advanced Economics and Finance. They will also complete the remaining course requirements towards completion of their degree.

These courses enable them to understand and appreciate the complexities of real world phenomena in the areas of monetary and financial economics, government spending and revenue decisions, investment strategies of firms and countries and others.

Students are encouraged during their university life to get engaged in curricular and extra-curricular activities including attending guest lectures, seminars, conferences, participate in student clubs activities, local and international competitions, sports, and other social activities.

Programme Exemptions

Association of Chartered Certified Accountants

Exemptions from the following ACCA papers upon completion of the programme:

Business and Technology On completion
Management Accounting
Financial Accounting
Taxation (2021 Graduates Onwards)
  • Taxation (ACCT 411)
Financial Management (2021 Graduates Onwards)
  • Financial Management I (FINC 211)
  • Financial Management II (FINC 312)

Chartered Institute of Management Accountants

Exemptions from the following CIMA examinations during the programme:

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance and Business Law
  • E1 Organisational Management

The student can sit for the first CIMA exam at the end of his/her 3rd year

Entry Requirements

To be eligible for consideration for admission at the undergraduate level, an applicant should normally hold a recently issued recognized secondary school certificate or its equivalent. The requirements for admission stated by the University are in all cases the minimum demanded for admission, and their fulfilment by a candidate does not automatically ensure his /her selection. Prior to enrolling at Ahlia University, citizens of non-GCC States should secure residence permits in the Kingdom of Bahrain; otherwise, their admission will be conditional and subject to being rescinded at the discretion of the University

English Language Proficiency

Applicants must demonstrate a level of English proficiency consistent with the demands of an academic programme taught and assessed almost exclusively in the English language. This can be done in one of the following ways:

  • Submission of an internationally recognized certificate of English language proficiency, e.g. Cambridge ESOL SCE or City & Guild’s Pitman Intermediate Level.
  • Attainment of an acceptable score on an internationally recognized examination of English language proficiency, typically either IELTS or TOFEL.
  • Passing the University English language placement test.

Recognized Secondary Certificates

  • Bahraini secondary School certificate (Tawjihia).
  • Secondary school certificates awarded by private secondary school in the Kingdom of Bahrain provided such certificates are endorsed by the Bahraini Ministry of Education.
  • Arab secondary school certificates awarded by Arab Ministries of Education. Where applicable, the streams of these certificates are given the same consideration as the Bahraini Tawjihia.
  • Any other certificates recognized by the Bahraini Ministry of Education as equivalent to a Tawjihia certificate.

Programme Specific Requirements

The applicants who meet the following programme specific admission requirements will be admitted to the programme:

Academic Score in the Secondary School Certificate (Tawjihia) or its Equivalent

  • Unconditional Acceptance: 60%
  • Conditional Acceptance; Passing an interview: 50%
  • Tracks Accepted: All tracks

Undergraduate Tuition & Fees

The estimated duration for completion of a Bachelors Degree at Ahlia University is 4 years. This is structured around 134 credit-hours covering 45 courses.

The duration of study for each course is fifteen weeks, covering approximately 45 study hours.

Item Fee
Application Fee BD 20
Registration Fee BD 200
Placement Tests Fee ( if applicable ) BD 40
Orientation Courses ( if applicable ) BD 1,200
100 Level Courses – 12 courses ( BD 300 Per Course ) BD 3,600
200 Level Courses – 11 courses ( BD 330 Per Course ) BD 3,630
300 Level Courses – 11 courses ( BD 360 Per Course ) BD 3,960
400 Level Courses – 11 courses ( BD 390 Per Course ) BD 4,290

Available Scholarships

Item Discount
Orphans and people with special needs 50%
High school average of 95% or above 50%
High school average of 90% or above 25%
High school average of 80% or above 20%

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