Finance and Banking

What is Finance?

Finance is the bedrock of the business world. As a student in Finance, you will explore the art and science of managing money, assets, and investments. Whether it's the intricate world of banking, stock markets, or personal wealth management, experts in this discipline aim to optimise resources and maximise returns, keeping risks in check.

Finance Specialisations

The world of finance is vast, and you have plenty of specialisations to choose from. Some of these include:

• Corporate Finance: The heart of any business, focusing on capital investment and budget strategies.
• Investment Banking: Delving into the high-octane world of stock markets and mergers & acquisitions.
• Financial Planning: Helping individuals and businesses optimise their wealth and achieve their financial goals.
• Risk Management: Analysing and mitigating potential financial setbacks.
• Financial Engineering: The fusion of finance with mathematical tools and programming.

You can find both Bachelor's and Master's programmes in Finance, but the latter provide deeper, more specialised knowledge base in your areas of interest. The most common specialisation in Finance is often Corporate Finance due to its broad application in the business world.

What will you learn during a Finance programme?

By choosing a Finance degree, you'll:

• Understand the principles of financial markets and instruments.
• Be able to analyse financial statements to gauge a company's health.
• Master the art of investment strategies to grow wealth.
• Understand the complexities of global financial systems.

Top courses often encountered include:

• Financial Modelling: Building representations of a company's financial performance.
• Portfolio Management: Crafting and managing an array of investments.
• Corporate Valuation: Assessing the worth of businesses.
• Financial Risk Management: Identifying and tackling financial vulnerabilities.
• International Finance: Navigating the complexities of global financial markets.

Finance is a good degree for those aiming to develop their analytical thinking, risk assessment, and strategic planning skills. In fact, these are invaluable in many sectors, from entrepreneurship to consultancy.

Skills required for a degree in Finance

A knack for numbers, analytical prowess, and a strategic mindset are vital. Aspiring finance professionals should also be comfortable with uncertainty, given the ever-fluctuating nature of markets. Meeting the Finance degree requirements often entails showcasing these qualities and a commitment to understanding the financial mechanisms that drive the world.

What can you do with a Finance degree?

Here are some rewarding career paths once you graduate a Finance degree:

• Financial Analyst: Interpreting financial data to guide business decisions.
• Investment Banker: Raising capital and guiding mergers & acquisitions.
• Risk Manager: Minimising financial uncertainties for organisations.
• Financial Planner: Helping individuals meet their financial objectives.
• Treasurer: Overseeing an organisation's financial goals, policies, and cash management.

The jobs you can get with a Finance degree are many and spread across industries. If in doubt about a Finance degree being worth it, remember that in a world driven by capital, finance professionals will always be in demand.

Admission Requirements:

• The minimum grade of General Secondary Certificate (Tawjihi) is 80% for the fields of pharmacy, civil engineering and architecture for the scientific branch, 75% for the Sharia, 65% for law, 60% for all other specializations at Amman Arab University
• This acceptance is subject to the capacity of the specialization specified by the Jordanian Accreditation Authority if it so permits.
• The University may accept a number of non-Jordanian students except from The minimum grade of General Secondary Certificate (Tawjihi)  by a percentage determined by the Higher Education Council of the total absorptive capacity of each specialization.

Documents Required for Registration:

• General Secondary Certificate stamped by the Ministry of Higher Education
• Copy of Passport
• Copy of Army Service Book for Jordanian male students
• Personal photo
• Admission depends on the number of vacancies for those transferring from other universities and those who have a two-year diploma and want to complete a Bachelor degree 

Students can apply for admission to a higher education institution in Jordan through the following:

1. Applying directly to the institution of higher education of their choice. Many higher education institutions in Jordan have online application services or through university service offices; while some institutions accept applications through mail. Each higher education institution determines its own enrollment requirements. Therefore, a prospective student should communicate with the institution they wish to apply to in order to know the specific admission requirements and procedures.
2. Applying directly through the free on-line application
3. Communicate with the Directorate of International Student Affairs at the Ministry of Higher Education and Scientific Research and apply to any higher education institution