Course Description - Master of Financial Economics

  • 17132102: Electronic Banking and Financial Payment Systems [3 Credit Hours]

    Electronic banking is transforming traditional banking services into electronic ones through the use of different electronic distribution channels. This course introduces students to electronic banking services and the newest innovative digital technology in this domain. This course also introduces the student to the modern payment systems strengths and weaknesses to improve the students' perception of how technological innovation has developed these traditional payment systems. This course comprises diverse topics: digital wallets, credit card innovations, payment technology in growing markets, pros and cons of electronic payments, risk management, and future payment technology.


  • 17132111: Financial Econometrics [3 Credit Hours]

    "This course introduces the students to the following topics in financial Econometrics: Asset returns and


  • 17132105: Data Science for Financial Economic [3 Credit Hours]

    The daily activities of individuals, businesses, and governments generate vast amounts of data. However, to improve the financial decision-making process, decision-makers increasingly rely on digital technology to analyze this data. This course aims to understand the usage of different data analysis techniques and data science principles. It presents some examples and cases from the real world to strengthen data analytical thinking for students. This course also answers various questions in financial areas such as financial technology, management of financial asset, corporate governance, venture capital, and private equity. On the practical side, the students will learn how to use data science platforms in financial applications to answer several economic and financial inquiries.


  • 17132207: Islamic Finance and Banking [3 Credit Hours]

    This course aims to equip students with the philosophy and the basic rules of Islamic finance. Topics include the prohibition of interest, theory of Islamic banking and its applications, theoretical philosophy and practical methodology for Islamic financing and investment methods such as Murabaha (cost-plus), Musharake (joint venture), Modarabeh (profit-sharing and loss-bearing), the role of the digital economy in controlling the work of Islamic banks and its problems, Islamic banks criticisms, financial derivatives and Islamic Sukuk (commonly referred to as "sharia-compliant" bonds), and the nature of Islamic banking in Palestine.


  • 17132216: Advanced Corporate Finance [3 Credit Hours]

    This course shed light on the general content of financial management in firms through the duties and decisions of financial management and their reflection on the operating environment of organizations with a focus on financial planning and control, which includes: forecasting financial needs, preparing estimated budgets, analyzing financial ratios, break-even analysis and leverages—then shedding light on investment decisions, which have working capital management policies and the link between the component of risk and return in the investment decision, and financing policies, including capital structure policy, cost of capital, profit distribution policy, valuation of corporate securities, and finally, companies’ growth, faltering and restructuring through merger, control, reorganization or bankruptcy. Finally, the course displays the most current trends in performance appraisal (EVA, MVA).


  • 17132104: Blockchain Technology and Cryptocurrency [3 Credit Hours]

    Blockchain technology and cryptocurrency are considered innovative applications to address the early problems of information technology related to cryptography, particularly concerning keeping financial records. The use of blockchain technology will bring about significant changes in financial operations and corporate governance. This course aims to overview the blockchain and cryptocurrencies technologies related to banking and financial operations. It also aims to introduce the students to the basic operations and financial implications of various blockchain projects and understand the potential impact on the current framework of financial services, corporate governance structure and regulation. From a practical perspective, the course introduces students to the latest concepts related to Blockchain and Cryptocurrency.


  • 17132204: Information Security in Digital Financial Organizations [3 Credit Hours]

    This course qualifies the student to use the theoretical and conceptual foundations to enhance information security behavior and develop skills in a work-related context in private, public, or government organizations. It is also evaluating decisions and policies to improve information security management. The course will cover the following topics: policy development, risk analysis and management, security information dissemination, legal compliance, and ethical and legal conduct. Students will be qualified to react to the human factors of information security management in digital financial organizations.


  • 17132209: Legal and ُEthical in Financial Economic [3 Credit Hours]

    Technology becomes a crucial element for business organizations, giving rise to technological, strategic, and legal problems for managers. This course aims to grow a student's understanding of the challenges that meet the managers in the digital area. This course will also equip students with a foundation in several aspects of problems associated with successful IT management, including; risk, regulation, ethics, and legal challenges. Besides, students will sharpen their capacity to critically evaluate financial economic technology challenges and build their philosophical thoughts to resolve these practical problems.


  • 17132212: International Finance [3 Credit Hours]

    The course provide students with advanced international finance concepts. Topics include: international finance definition and importance, the role of the functions of money and the leading currencies, reviews the forms and sources of finance, loans and the global indebtedness crisis, the definition and importance of the balance of payments, its components and primary operations, the causes of its imbalance, and ways to address this imbalance. This course also deals with the concept of international liquidity and its measurement, the financial market crisis and its effects, and the concept and effects of international capital flows and external financing for developing countries. Finally, the course reviews the most important international financial organizations.


  • 17132214: Fiscal and Monetary Policy [3 Credit Hours]

    This course aims to introduce the students to the monetary systems, particularly the standard international monetary system and the local monetary system in Palestine. It further reviews global monetary organizations such as the International Monetary Fund and the Arab Monetary Fund and their role in helping developing nations keep the currency stable and support them in financing the deficit in their balance of payments. In addition, this course also introduces investment tools in global monetary and financial markets. Finally, it shows monetary policy, methods to use it, and tools to achieve economic growth and keep price and currency balance.


  • 17132103: Research Methodologies [3 Credit Hours]

    This course aims to enable students to succeed in their research methods modules, research proposals, projects, and dissertations in the field of financial economic. This course is organized into five main themes: Introduction, defining and refining the problem, theory, information, and writing and presenting the research report. On the practical side, the students will learn how to analyze the data using SPSS.


  • 17132211: Financial Intermediation [3 Credit Hours]

    Financial intermediation is the procedure of transmitting sums of money from economic agents with surplus funds to economic agents that would like to utilize those funds. The subject of financial intermediation includes banks, credit unions, pension funds, insurance companies, and stockbroking companies. This course aims to help students understand the macroeconomic theories that govern banking as well as measures to manage credit risk, operational risk, liquidity risk, and solvency risk, including Basel guidelines on capital adequacy. In addition, the course deals with how brokerage firms operate in the stock market, as well as insurance companies. If you have a risky investment, credit unions are informal types of banks that offer lending and deposit facilities within a particular community.


  • 17132117: Public Finance [3 Credit Hours]

    "This course includes different public finance issues, such as public goods theory, government budget,


  • 17132107: Research Project [3 Credit Hours]

    This course aims to help students employ scientific research principles to conduct depth and extensive research in the financial-economic field to fill a limitation that may occur due to his selection of the comprehensive exam option.


  • 17132215: Investment and Risk Management [3 Credit Hours]

    This course provides students with the foundations of modern investment theory. Topics comprise analyzing the investment environment and the risks to which investment is shown, choosing and managing direct and indirect investment tools, and measuring return and risk in different investment circumstances. This course additionally deals with the foundations of making the optimal investment portfolio according to the economic model, investment cases in changing economic conditions, investment portfolio models and evaluating their performance using mathematical measurement models. Finally, this course offers investment and risk management according to efficient market theory and hedging against risks employing different financial methods.


  • 17132106: Economic Feasibility and Project Evaluation [3 Credit Hours]

    This course comprises diverse topics about data collection, data investigation, and data analysis to ensure the project's suitability from technical, marketing, financial, and social aspects. This course also introduces the students to the foundations of financial analysis, the concept of cash flow, and methods of evaluating investment projects and choosing the best project.


  • 17132205: Emerging Topics in Financial Economic [3 Credit Hours]

    This course provides the students with recent and advanced topics in the field of financial economics and its related areas based on the interest of the student and the supervisor and in line with the program's objectives. The program chair must approve the subject of the course. This course should be constantly updated to meet new challenges and developments.


  • 17130713: Development Management [3 Credit Hours]

    This course covers various subjects regarding development management. Those subjects involve development management concepts and functions, the relationship between development and management, development theories and objectives, elements, plans, and development planning in terms of concept, stages, and elements. This course also deals with development issues, including economic, in developing countries in general and Arab nations in particular, and the degree of their contribution to development progress, as well as the organizational framework for development and its financing, and understanding the local development (its concept, objectives and motives).


  • 17132201: Development Economics [3 Credit Hours]

    This course introduces the students to general characteristics, economic resources, economic growth for Palestine and the surrounding countries. It aims to understand the impact of the historical background and future expectations on these countries. It also aims to study the impact of economic differences on economic development, population growth and its relationship to economic development, addressing the economic sectors and showing their impact on economic development in Palestine (including the tourism sector, the industrial sector, the agricultural sector, and construction) land issues, labor, and lending institutions. The course will also review the successful experiences from different countries in terms of economic development and review the obstacles, policies, and economic development problems in Palestine.


  • 17132109: Adavanced Microeconomic Theory [3 Credit Hours]

    This course reviews the following topics in addition to selected advanced topics: general equilibrium analysis, consumer theory, production and cost theory, enterprise theory and market structure, perfect and imperfect competition, factor markets and income distribution, efficiency and welfare, market failures, external factors, decision theory in Shadow of Uncertainty, Wallet Decision and Saving Under Uncertainty.


  • 17132110: Adavanced Macroeconomic Theory [3 Credit Hours]

    This course covers the following topics: analysis of macroeconomic models with a focus on the role of fiscal and monetary policies in determining GDP and its distribution in a closed and open economy, price level, employment, aggregate demand, aggregate supply and inflation.


  • 17132213: Mathematical Finance [3 Credit Hours]

    This course introduces the students to the trading strategies utilized in the finance industry and capital markets. It creates solid grounds in applied mathematics to assist the students in understanding several finance concepts. It involves various topics: deterministic finance, cash flow analysis, single-point uncertainty, portfolios of stocks and pricing theory, simple and compound interest, future and present value, nominal and effective rates, annuity, options evaluation, financial models, asset pricing and financial markets, and weighted free pricing. The course will also equip the student’s practical skills in handling financial math problems by using the Excel program to enabling them to start a job in investment banking, sales and trading and treasury, or different fields of finance with fundamental principles of mathematics.