Greenwich University

Associate Of Science- (Economics & Finance)



Credit Hours69

Program Duration2 Years

Program Overview

Associate of Science in Economic & Finance consists of 69 Credit Hours. It would not be an exaggeration to say that without a sound knowledge of Economics, no individual can make sensible choices in the present – day world.

Foundation Courses

Placement in this course is subject to the result of the University Placement Test) This course focuses on all four skills: reading, writing, speaking and listening in general, and writing in particular at elementary level. With an ordered and integrated approach, the course strengthens students’ communicative competence in the English language. The learners are expected to be users of the language in informal as well as formal contexts with a sense of accommodation for new ideas.
General English - II
(Placement in this course is subject to the result of the University Placement Test) This course is designed to strengthen the basic concepts of preliminary set theory, algebra, trigonometry, analytical geometry and statistics. The course enables the weak students in mathematics to take advanced courses of mathematics and statistics.

Module I

This course is the pre-requisite to Financial Accounting course. It covers the basics of financial accounting, journal entries, ledger, income statement, balance sheet, etc.
This course introduces students to information and communication technology in a business environment and builds a foundation of digital literacy skills necessary for success in a technology driven society. Students develop skills in word processing, spreadsheet, database, desktop publishing, presentation software, and website designing. Throughout the course, the emphasis is on digital literacy, effective electronic research and current issues.
A course in reading, writing, reflection and discussion, emphasizing rhetorical analysis and strategies for focusing, developing, and organizing writing. Special attention is also given to strategies for writing, revising and editing. In all, the course implies a general introduction to the principles of writing with emphasis on writing process, thesis, context, purpose and audience.
This course aims to familiarize students with the principles of making different kinds of oral presentations and speeches. Students study how to make an outline, collect data and organize it to develop clarity. After generating ideas and finalizing topics, the students deliver speeches and learn to manipulate body language, tone, voice variation, etc. Gradually, the students gain confidence and overcome the fear of public speaking.
The objectives of this course are to sharpen intellect of the students, develop their reasoning ability, strengthen their understanding, and promote clear thinking. The course also focuses on enabling students to distinguish sound reasoning from fallacious reasoning.

Module II

Accounting plays a vital role as an information system for monitoring, problem-solving and decision-making. However, the first step is to generate and present information in a manner that is useful. In view of this, financial accounting course focuses on the record-keeping and financial statement preparation process.
This course gives an overview of the social system, economy as integral part of the social system, economic agents and economic problems, basic concepts such as commodities, income and resources, production and consumption, exchange and distribution. It also covers the price mechanism of firms, consumer behavior, and industries, production and cost functions and market structure.
The course helps students to develop their business writing skills in letter writing, memo writing and to familiarize students with the purpose, format, classification, planning and organization of commercial correspondence.
Mathematics is an integral part of business studies. In this course the quantitative skills of students are improved. To achieve this goal, we provide presentation of the mathematical principles, techniques, and applications most commonly used in business, economics, management sciences, and social sciences.
Interpersonal Skills

Module III

The course equips the students with basic concepts of finance. All the business decisions are ultimately measured in financial terms; as such understanding of the core concepts of finance will provide a foundation for further study and knowledge and will help in future career opportunities. Additionally, some of the basic quantitative techniques and analytical tools learned in the process will help the students in taking financial decisions in an organizational framework.
Report writing is an essential part of communication in a business environment. The course is a blend of theory and practice. Various types of reports, their purpose, planning and writing are the key features of this course. The course is student-centered by nature as it provides ample opportunity to the students to compose reports on different topics in simulated business contexts.
In this course, students study concepts of inflation and unemployment, macroeconomic variables and their mutual relationship. It also covers national income, components of aggregate demand, money and banking, public finance and taxation, international trade, etc.
The course is a prerequisite to Statistical Inference course. This course covers probability theory, measure of central tendency, dispersion variance, regression and correlation analysis, etc.
It will introduce the students to the study of human mind and behavior by researching and establishing both general principles and specific cases. In this, they will explore concepts such as perception, cognition, attention, emotion, personality and behavior, brain functioning and interpersonal relationships.

Module IV

This course covers analysis of data taken from various sources or generated on the basis of statistical inferences.
This course aims to build a working knowledge of corporate finance. The exposure to corporate finance will help the students in understanding the financial planning and decision making required of a financial manager.
The objective of the course is to clarify and extend further the microeconomic concepts and to develop analytical and problem-solving skills. In addition to diagrammatic approach, the students get accustomed to simple mathematics and numerical tools. It also covers theory of consumer behavior, demand and elasticity, production functions, cost of production, behavior of the firm, the perfectly competitive market, monopoly, monopolistic competition and oligopoly, pricing of the factors of production, etc.
This course examines how financial markets and financial institutions such as banks, insurance companies, and mutual funds work and explores the role of money in the economy. It also highlights the role of a regulator in controlling the financial markets.

Module V

The objective of this course is to clarify and extend further the concepts of macroeconomics as they develop the capacity to understand the issues and problems of the economy in a global scenario. In particular they have to capture the nature and scope of various public policies. In addition to diagrammatic approach, the students are confronted to simple mathematical and numerical analyses. It also covers measurement of national income, theories of consumption, saving and investment, demand for and supply of money, determination of national income, aggregate supply and labor market, inflation and unemployment.
In this course students study the changing world and interdependence, basics of trade, gains from trade, absolute advantage, comparative advantage, overview of comparative advantage and pattern of trade. It also covers offer curves and free trade equilibrium, disagreements on free trade and overview of emergence of international trade issues.

Program Features

Courses 23
Duration 2 Years
Level Associate