Master of Business Administration – Finance

Empowering Economic Diversification

Graduates from the Alfaisal University MBA program are trained to manage and lead finance initiatives across multiple industries, supporting the kingdom’s shift away from oil dependency to a diversified economy. By focusing on areas such as investment banking, private equity, and financial strategy, the program helps equip leaders who will drive financial investments into new, high-growth sectors.

Building Financial Leaders for a Growing Market

As Saudi Arabia accelerates its development into a global financial powerhouse, the MBA in Finance prepares you for pivotal roles in the financial sector. Graduates are well-equipped to work with key national projects and governmental initiatives outlined in Vision 2030, such as the development of mega cities like NEOM and the expansion of tourism, real estate, and infrastructure.

Contributing to Investment and Innovation

Financial analytics and venture capital courses are designed to foster the analytical skills required to identify, assess, and fund innovative start-ups and technologies, which are vital to the kingdom’s diversification goals. These skills also align with the national agenda to foster entrepreneurship and attract international investments into Saudi Arabia.

Bachelor degree from accredited institution with minimum “Very Good” GPA, English proficiency (IELTS 6.0 or TOEFL iBT 70 or STEP 90), recommendation letter, personal interview (may be required)

Core Courses (Compulsory)

These foundational courses build essential managerial, analytical, and strategic skills.

1. Analytical & Quantitative Foundation

• MBA 511 – Quantitative Analysis
  Introduction to statistical and optimization models for business decision-making.

• MBA 515 – Business Analytics
  Application of statistical tools (Excel, SPSS, Tableau, etc.) for business problem-solving.

• MBA 522 – Operations Strategy
  Managing operations for competitive advantage – includes planning, supply chain, and quality.

2. Accounting & Finance

• MBA 510 – Financial Accounting
  Understanding and interpreting financial statements and reporting principles.

• MBA 516 – Managerial Finance
  Financial decision-making, valuation, capital budgeting, and financing strategies.

3. Economics

• MBA 513 – Managerial Economics
  Micro and macroeconomic concepts applied to business strategy and pricing.

4. Marketing & Strategy

• MBA 512 – Marketing Management
  Comprehensive study of marketing strategies, planning, and implementation.

• MBA 519 – Strategic Management (Capstone)
  Integrative strategy course combining internal analysis, competition, and global context.

5. Management & Human Resources

• MBA 514 – Organisational Behaviour
  Study of motivation, leadership, and organizational effectiveness.

• MBA 518 – Human Resource Management
  Strategic HR planning, talent management, and performance optimization.

Elective Courses (Specializations)

Students select electives to tailor their MBA toward specific career paths.

A. Accounting & Finance

• MBA 528 – Managerial Accounting – Use of cost and performance data for strategic decisions.

• MBA 544 – Financial Statement Analysis & Security Valuation – Equity valuation using financial data.

• MBA 549 – Corporate Finance – Capital structure, dividends, IPOs, mergers, and acquisitions.

• MBA 551 – Derivative Securities – Futures, options, and hedging strategies.

• MBA 553 – Bank Management – Risk management and central banking.

• MBA 557 – Advanced Topics in Financial Reporting – Analytical case-based approach.

• MBA 590 – Real Estate Analysis – Real property valuation, investment, and market trends.

• MBA 591 – Insurance – Principles of insurance and risk transfer mechanisms.

• MBA 540 – Islamic Finance – Shari’ah-based financial instruments (e.g., Sukuk, Murabaha).

• MBA 523 – Taxation of Business Entities / MBA 524 – International Taxation / MBA 525 – Zakat / MBA 569 – Sales and VAT – Business, international, and religious taxation systems.

• MBA 568 – Financial Econometrics – Econometric modeling for finance using SPSS and E-Views.

• MBA 570 – Risk Management – Identifying and mitigating financial and market risks.

B. Marketing

• MBA 527 – Marketing Intelligence – Data analytics for marketing decision-making.

• MBA 529 – Marketing Strategy – Capstone for marketing specialization focusing on strategic planning.

• MBA 543 – Internet Marketing Strategy – Online consumer behavior and digital marketing tools.

• MBA 559 – Digital & Social Media Marketing – Measuring ROI and performance in digital media.

• MBA 550 – Service Marketing – Marketing strategies in service industries.

• MBA 552 – Global Marketing – Cross-cultural and international market entry strategies.

• MBA 571 – Integrated Marketing Communications – Advertising, branding, and message integration.

• MBA 580 – Consumer Behaviour & Insights – Psychological and behavioral aspects of consumers.

• MBA 531 – Marketing Research Project – Hands-on research applying data collection and analysis.

• MBA 558 – Value Innovation Strategy – Creating new market spaces via innovation.

C. Management, Strategy & Leadership

• MBA 530 – Managing Strategic Business Projects – Applying project management frameworks.

• MBA 534 – Leading Organisational Change – Change management and organizational renewal.

• MBA 546 – Comparative Management – Global perspectives on management styles.

• MBA 547 – Contemporary International Management Issues – Analysis of global managerial trends.

• MBA 575 – Negotiations – Techniques for conflict resolution and stakeholder engagement.

• MBA 581 – Managerial Decision Making – Decision theory and analytical reasoning.

• MBA 582 – Total Quality Management – Continuous improvement and process excellence.

• MBA 555 – Corporate Governance, Business Ethics & CSR – Ethical frameworks and governance.

• MBA 545 – Independent Study / MBA 535 – Applied Business Research Project – Research-focused independent or applied projects.

D. Human Resources & Leadership

• MBA 541 – HR Planning, Recruitment & Selection – Strategic HR practices for staffing.

• MBA 565 – HR Development & Performance – Leveraging training for organizational effectiveness.

E. Operations & Supply Chain

• MBA 532 – Supply Chain Management – Network design, logistics, and performance optimization.

• MBA 563 – Management Control & Performance Measurement – Designing control systems for strategic alignment.

F. Entrepreneurship & Innovation

• MBA 538 – Entrepreneurship and Innovation – Developing entrepreneurial thinking and market innovation.

G. Economics & Research

• MBA 542 – Contemporary Economic & Financial Issues – Applying economic theory to current trends.

• MBA 573 – Applied Econometrics – Empirical testing of economic theories.

• MBA 574 – Global Economics – Global macroeconomic impacts on business strategy.

H. Healthcare Management

• MBA 560 – Healthcare Management – Healthcare systems, policy, and ethics.

• MBA 562 – Health Informatics – Health information systems and data analysis.

• MBA 563 – Management Control & Performance Measurement – (also relevant for healthcare).

Program Highlights

• Core focus: Integrated understanding of finance, strategy, analytics, and management.

• Applied learning: Real-world projects, case studies, and data-driven decision-making.

• Flexibility: Wide elective pool enabling specialization in Finance, Marketing, HR, Operations, Strategy, or Healthcare.

• Capstones:

  • MBA 519 – Strategic Management (Overall integration)

  • MBA 529 – Marketing Strategy (Marketing track)

  • MBA 535 / 545 – Applied or Independent Research Projects