Academic & Executive Learning Centre
Bangor University
Validated Diploma Programme
Programme Handbook
20152016-2016 2017
Contents
Page
1 Updated Handbook Contents 3
2Welcome to Bahrain Institute of Banking and Finance 4
3Bahrain Institute of Banking and Finance 5
3Bangor University6
4General Information7
5Staff Details8
6Calendarfor 20152016/16 17 Academic Year 101
7Diploma Programme Structure12
8Summary Course Outlines1716
9Student Guidelines749
10Student Code of Conduct in Examinations8105
11Enrolment, Progression and Assessment Rules 8327
12Health and Safety85859
Updated Handbook Contents
This handbook has been updated with latest programme information and rules especially the following sections:
Page
- Programme Structure 13
- Mitigating Circumstances 8176
- Attendance Policy 8378
- Dress code 8479
- Usage of Social Media 79
- Use of Mobile Phones 79
3.Student Code of Conduct in Examinations Enrolment and Assessment Rules 8087
- Enrolment and Assessment Rules Student Code of Conduct in Examinations 8582
- Health and Safety 8984
Welcome to Bahrain Institute of Banking and Finance
Welcome to the Validated Diploma offered by Bahrain Institute of Banking and Finance (BIBF). This programme is one of the most prestigious business qualifications available in the Kingdom of Bahrain and we are very pleased to be associated with Bangor University in running this unique programme.
The key component about the programme is the flexibility that it provides. If you wish, you can complete your BA/BSc Honours degree at Bangor University in Wales or at BIBF in Bahrain (available from September 2016, subject to validation). You will have the opportunity to live in another country, meet different people from other parts of the world, and be educated by lecturers who are best in class. However, you don’t have to go overseas. If you prefer, you can choose to complete three years in Bahrain at BIBF, obtain a Validated Diploma, and still become a valuable contributor to the financial sector.
BIBF is an environment of serious learning where its state-of-the-art facilities offer the best possible aid in the learning process. In addition, the personal contact you have with our highly qualified and diverse faculty make studying here an impactful experience as they are always ready and willing to help with any difficulties you may encounter.
We look forward to working with you and helping to support your learning journey.
Solveig Nicklos
Director, BIBF
Bahrain Institute of Banking and Finance
BIBF has an important role to play in supporting the financial sector of Bahrain.
We continue to support all the financial institutions in Bahrain in the developmentof world class people for the sector. We do this by providing the highest quality ofassessment, education, training and development in the region and ensuring that wedeliver internationally accredited courses and programmes.
Since its inception in 1981, BIBF has grown from 450 participants mainly from withinthe banking sector to over 20,000 participants largely within the financial servicesindustry. BIBF delivers training and development solutions across all major businessdisciplines including Accounting and Finance; Banking; Insurance; Islamic Finance;Information Technology and Management and Leadership expertise. BIBF also has amajor emphasis in Academic and Executive development.
BIBF has an international footprint having delivered programmes in Asia, Africa, Europeand the wider Middle East, and educating over 50 different nationalities here inBahrain. Our faculty is highly qualified and of diverse nationalities, which not onlybrings diversity in thinking but passion in enriching the participant experience.
BIBF offers a significant variety of programmes including well over 200 morningprogrammes (Open Courses); tailor made courses based on organisational needs(Customised Courses); specialised programmes taught by external market specialists(External programmes); and Professional qualifications / Degree programmes inpartnership with leading international organisations.
Information regarding the range of partners and affiliations BIBF has, can be found at
Bangor University
Bangor University (BU) was established in the late 19th century as one of the three constituent colleges of the University of Wales and now houses 10,000 students from around the world. The University has a long tradition of academic excellence that continues to this day. Over half of the departments assessed to date in the teaching quality assessments have achieved the top rating of excellent'. The University is ranked 15th in the Access elite group of universities and was ranked 8th in a nationwide survey of UK university students for the quality of its campus. In 2011, Bangor University was placed amongst the world’s top 275 universities in the Times Higher Education World University rankings.
In the most recent Research Assessment Exercise (RAE), Accounting and Finance within the Business School has been rated as the best in the UK for the quality of research conducted by its staff. Students are attracted by our reputation for high quality and expertise, particularly in the area of Banking and Financial Services in which Bangor is a leading European centre which houses one of the largest PhD schools of any business school in the UK.
Bangor University degrees are developed with academic rigour and practical/vocational relevance as twin objectives. The Bangor Business School is a multidisciplinary university school that spans Accounting, Banking, Business Studies, Economics, Finance, Management and Marketing. This means you have greater opportunities for choice.
Bangor is located in a breathtaking landscape with panoramic views and is rich with history, culture and charm. The location is probably one of the most beautiful university settings in the whole of the UK – situated between the Snowdonia Mountains and the Menai Straits.
Bangor is very much a university city. The cost of living is lower than in most UK cities. Also worth bearing in mind is the fact that compared to many other university cities, Bangor is also considered to be a safe place. If you love sport and the great outdoors, then get ready for Bangor. Paragliding, Surfing, Kayaking, Fell running, Dinghy sailing and Rock Climbing are just some of the activities available as well as team sports such as rugby, hockey and football.
Bangor is easily accessible by road, air and sea, only 90 minutes away from Manchester Airport. Regular trains and coach services run to Bangor from London, Birmingham, Liverpool and Manchester.
The contact details of the Bangor University are as below:
Bangor Business School
College of Business, Social Sciences and Law
Bangor University
Gwynedd LL572DG
Tel:+44(0)1248-382277
Fax:+44(0)1248-383228
Email:
General Information
This handbook along with BIBF handbook must be studied and understood very well and all rules must be taken very seriously. These areissued to all students admitted to Bangor University Validated Diploma programme at BIBF.
Your courses per semester are fixed, except in the 2nd year where you have a choice of electives. You have one week at the start of each semester to make a final choice of your elective courses.
Every effort will be made to satisfy your first choice of courses;however, some restrictions may apply where:
- There is insufficient number of students on a course.
- Timetable constraints
Course lecturers will give detailed information (Module Specification and Lesson Plan) in the first lecture of each course. They will also provide a list of reading material,and information about coursework, assessments and examinations.
You should also regularly look at the notice board in the reception area of the Academic and Executive Center for further details about the programme.
BIBF has a very dynamic and user-friendly website: Here you can find important information about your faculty and courses. You can download brochures, course catalogues, course calendars, application and registration forms etc. Here you also have the access to many of the other important documents like Student Charter, Student Handbook and BIBF Codes of Malpractice, Appeals and Students Complaints etc.
Staff Details
Main Landline number is 1781 (followed by the required extension number).
Name
/Extension
/BIBF main reception
/5555
/N/A
Solveig Nicklos-
Director
/5500
/Dr. Ahmed A. Hameed A. Ghani Al Shaikh
Deputy Director
/5544
/Dr. Keith Sharp –
Head of Quality Assurance and, Academic and Executive Center
D: +973 1781 5512
/5575
/Burhanu Deen Jayah
Head of Accounting, IT and Banking Center
/5577
/Kadri Rizk
Head of Leadership & Management
/5565
/Hisham Ali AbuAlfatehAmal Ahmed Al Sorani
Head of Marketing and Communication
/5533
/Waseem Mirza Amal Al Awadhi
Academic Programme Manager
/55925590
/Thomas M. Weeks-Barnitt
Academic Programme Manager
/5518
/Nawal Saif
Registrar ,Registrar, Head Ofof Support Department
/5581
/Rammi Mokha
Senior Academic Coordinator - QA
/6321
/Parwin Haji
Senior OfficerNasreen Mohammed Aqeel
Administration Coordinator, Leadership & Management
/55245543
/Mariam Akbar Assiri
Business Development Officer
Parwin Haji
Senior Officer
/63285524
/Noor AlZekri
Admin OfficerMariam Akbar Assiri
Business Development Officer
/55046328
/Noor AlZekri
Admin Officer
/5504
/Full time lecturing staff
Name
/Extension
/Aisha Fazal
Lecturer, Academic & Executive Centre
/6335NA
/Syed Amir
Senior Lecturer, Centre for Accounting & IT
/5570
/Mahmood Abdullah Kadhem
Lecturer, Centre for Accounting & IT
/5580
/Chithra Suresh
Lecturer, Centre for BankingVivek Kumar
Senior Lecturer, Centre for Leadership & Management /55985531
/Al Fatih Gessun Aryasantana
Senior Lecturer, Centre for Islamic FinanceChithra Suresh
Lecturer, Centre for Banking /55395598
/Dr. Ahmad Asad
Senior Lecturer, Centre for Islamic FinanceAl Fatih Gessun Aryasantana
Senior Lecturer, Centre for Islamic Finance /55205539
/ Nazneen EbrahimLecturer, Academic & Executive Centre
Dr. Ahmad Asad
Senior Lecturer, Centre for Islamic Finance /552NA0
/Raheel Bashir
Senior Lecturer, Centre for Accounting & IT /5568
/ Nazneen EbrahimLecturer, Academic & Executive Centre /
----
/Yousif Faraj
Senior Lecturer, Centre for Accounting & IT /5516
/Hani Hussain Redha
Lecturer, Head of Dealing Room, Treasury & Capital Market
/5588
/Name
/Extension
/Aisha Fazal
Lecturer, Academic & Executive Centre
/6335
/Syed Amir
Senior Lecturer, Centre for Accounting & IT
/5570
/Mahmood Abdullah Kadhem
Lecturer, Centre for Accounting & IT
/5580
/Chithra Suresh
Lecturer, Centre for Banking /5598
/Al Fatih Gessun Aryasantana
Senior Lecturer, Centre for Islamic Finance /5539
/Dr. Ahmad Asad
Senior Lecturer, Centre for Islamic Finance /5520
/ Nazneen EbrahimLecturer, Academic & Executive Centre /
5568
/ Dr. Ugi SuhartoSenior Lecturer, Academic & Executive Centre /
6338
/Part-time lecturing staff
Name
/Anum TabishKhalid AlBayat /
Nandita D' Souza Menezes /
Aman Ullah Khan Hammad Mohiyuddin /
Nader Soufi
Jawad Mohammed /
Khulood Ebrahim
Nader Soufi /
Melissa Agsalud Khulood Ebrahim /
Zarina Md Desa Melissa Agsalud /
Chandan Kaur Zarina Md Desa /
Ron Howard Chandan Kaur /
Hamad Alzeera /
Student Calendar for the 2016-2017 Academic Year
Semester I - September 25 – December 22, 2016
Student Inductions / Tue 21st September 2016New Semester Start- First day of classes / Sun 25 September 2016
Al Hijra New Year Holiday * / Sun 02 Oct 2016
Ashoora Holidays * / Mon 10 – Tue 11 Oct 2016
Prophet’s Birthday Holiday * / Sun 11 Dec 2016
National Day / Sun 18 - Mon 19 Dec 2016
(in lieu of 16-17 Dec 2016)
Last Day of Classes / Thurs 22 Dec 2016
Final Exams for this semester and Resit Exams for previous semester / Thurs 5 Jan – Sun 14 Feb 2017
Releasing of Provisional Results / Sun 12 Feb 2017
*All Islamic holidays are subject to confirmation at the time
Semester II- February 19, 2017 – June 10, 2017
New Semester Start- First day of classes / Sun 19 February 2017Labour Day Holiday / Mon 01 May 2017
Last day of classes / Mon 15 May 2017
Final Exams for this semester and Resit Exams for previous semester / Wed May 24 – Saturday 10 Jun 2017
Releasing of Results / Tue 27 June 2017
Summer Exam Period- July 09 – July 13, 2017
Resit Exams / Sun 09 July –Thur 13 Jul 2017Students Induction Week / 6-8 September 2015
New Semester Start- First day of classes / Sun 13 September 2015
Eid Al Adha Holidays / Sun 20 – Thur 24 Sept 2015
Al Hijra New Year Holiday / Wed 14 Oct 2015
Ashoora Holidays / Thur 22 – Sun 25 Oct 2015
National Day / Wed 16 - Thur 17 Dec 2015
Last Day of Classes / Wed 23 Dec 2015
Prophet’s Birthday Holiday / Thur 24 Dec 2015
Final Exams for this semester and Re-sit Exams for previous semester / Sun 03 Jan – Wed 20 Jan 2016
Releasing of Provisional Results / Thur 11 Feb 2016
Semester II- February 21, 2015 – June 05, 2016
New Semester Start- First day of classes / Sun 21 February 2016Labour Day Holiday / Sun 01 May 2016
Last day of classes / Sun 15 May 2016
Final Exams for this semester and Resit Exams for previous semester / Thur 19 May –Sun 05 Jun 2016
Releasing of Results / Thur 30 June 2016
Summer Exam Period- July 03 – July 06, 2016
Re-sit Exams / Sun 03 July –Wed 06 Jul 2016Course of Study
The Bangor University Validated Diploma programme comprises sixteen subjects. For a full time student this course of study requires 3 years.
Bangor University Validated Diploma Programme at BIBF offers students, who successfully complete the course of study and pass the exams, the award of a Bangor University Diploma. It also offers Diploma holders the opportunity to continue their studies for a BA/BSc Honours Degree programmes at Bangor University in UK or the BSc at BIBF in Bahrain(available from September 2016* - Subject to Validation)– these are in areas including Banking & Finance,Accounting and Finance and Business Studies and Finance (only available in Bangor).
Students will study a year of foundation and two years here in Bahrain utilizing BIBF's excellent facilities and outstanding faculty. Teaching materials developed by BIBF staff, in addition to the textbooks and materials offered by the Bangor University visiting panel of expert assessors have been prepared for the courses. End of semester examinations will also be run by BIBF faculty in Bahrain, but approved by the External Examiners/ Exam Board from Bangor University.
Programme Structure
Under theBangor University validated programme the following three diplomas streams are offered:
- Banking and Finance
- Accounting and Finance
- Islamic Finance
Upon completing the Foundation programme studentswill then need to choose from one of the threestreams before progressing to the first year of the diploma programme .Once registered in a particular stream changing or switching is only allowed as per programme rules.
For more information, please contact Senior Officer, Mrs. Parween by email: r on +973 1781 5524.
Programme Structure-(flow diagram)
Foundation Year (The BIBF International Foundations Programme)Year Icourses are identical for all diplomas
Three Years At BIBF
One year at Bangor University or at BIBF in Bahrain
In Final year students can proceed to
Bangor University, UK or study at BIBF in Bahrain* for BA/BSc Honours degree
*(subject to validation)
BA/BSc Banking and Finance or
BA/BSc Accounting and Finance or
BA/BSc Business Studies and Finance*
* (this option and all BA’s are available at Bangor University only)
Banking and Finance Diploma
YEAR 1
Code / Semester I / Code / Semester IIACC1101 / Introductory Financial Accounting / ACC1102 / Financial Reporting & Analysis
QM1101 / Quantitative Methods I / QM1102 / Quantitative Methods II
MGT1101 / Principles of Management / IT1101 / Managing Information
ECO1102 / Money and Macro Macroeconomics / ECO1103 / Managerial Economics
YEAR 2
Code / Semester I / Code / Semester IIFIN2101 / Corporate Finance / LW2101 / Banking Law
MKT2101 / Principles of Marketing / BAK2102 / Risk Analysis
BAK2101 / Bank Lending / MGT2102 / Management & Organization
Elective / Elective
ELECTIVES YEAR 2
Code / Semester I / Code / Semester IIIF2105 / Islamic Treasury, Risk Management & Capital Markets / IF2103 / Islamic Commercial Banking
IF2106 / Islamic Insurance- Takaful / IF2111 / Islamic Accounting Standards
Accounting and Finance Diploma
YEAR 1
Code / Semester I / Code / Semester IIACC1101 / Introductory Financial Accounting / ACC1103 / Financial Markets & Institutions
QM1100 / Quantitative Methods for Accountants / ACC1104 / Introductory Management Accounting
ECO1102 / Money & Macro Economics / ACC1105 / Audit & Assurance and Corporate Governance
MGT1102 / Management Strategy / ACC1106 / Accounting Information Systems I
YEAR 2
Code / Semester I / Code / Semester IIACC2107 / International Financial Accounting & Reporting / ACC2109 / Business and Professional Ethics
ACC2108 / Management Accounting & Control / ACC2110 / Financial Statement Analysis
LW2201 / Business and Commercial Law / ACC2111 / Accounting Information Systems II
FIN2101 / Corporate Finance / Elective
ELECTIVES YEAR 2
Code / Semester IIN/A / ACC2112 / Advanced Audit and Assurance
N/A / IF2108 / Accounting Auditing and Governance for Islamic Financial Institutions
Islamic Finance Diploma
YEAR 1
Code / Semester I / Code / Semester IIACC1101 / Introductory Financial Accounting / ACC1102 / Financial Reporting and Analysis
QM1101 / Quantitative Methods I / MGT1101 / Principles of Management
IF1101 / Islamic Commercial Jurisprudence / IT1101 / Managing Information
ECO1102 / Money & Macro Economics / IF1102 / Islamic Economic Thought
YEAR 2
Code / Semester I / Code / Semester IIFIN2101 / Corporate Finance / IF2104 / Islamic Investment Banking
MGT2102 / Management and Organization / IF2107 / Banking Business and Trust Law
IF2103 / Islamic Commercial Banking / IF2108 / Accounting Auditing & Governance for Islamic Financial Institutions
Elective / Elective
ELECTIVES YEAR 2
Code / Semester I / Code / Semester IIBAK2101 / Bank Lending / BAK2102 / Risk Analysis
MKT2101 / Principles of Marketing / IF2110 / Shari’a Audit and Compliance
Course Outlines
This section contains course outlines for all the modules. More detailed course outlines will be provided by the course lecturers at the start of each course.
The details given in the following outlines are subject to change from time to time. In particular, you should check with theProgrammeManagerand course lecturer before you commit to purchasing a textbook.
ACC1101- INTRODUCTORY FINANCIAL ACCOUNTING
Hours / Week:
/ 4Aims and Objectives: / To introduce the students with the theoretical and applied aspects of Financial Accounting.
Learning Outcomes (LOCs): / At the end of the module, the student should be able to:
1.Understand the basic concepts, techniques and terminology of financial accounting.
2.Understand the scope and limitations of financial accounting data.
3.Prepare all books of accounts involved in financial accounting cycle and prepare basic financial statements for sole traders, partnerships and companies.
4.Make the year-end adjustments.
5.Calculate the cost of goods sold and the value of inventory under different inventory valuation methods.
6.Work with others in a group and on their own to solve problems.
Indicative Content /
- Accounting equation and Balance Sheet
- The double entry system for assets, liabilities, and capital
- Inventory
- The effect of profit and loss on capital and the double entry system for expenses and revenues
- Balancing off accounts
- The trial balance
- Income Statements and Balance Sheets: further considerations
- Accounting concepts and assumptions
- Cash Books
- Sales day book and sales ledger
- Purchase day book and purchase ledger
- The journal
- Capital Expenditure and revenue expenditure
- Bad debts allowances
- Depreciation of non-current assets: nature and calculations
- Double entry records for depreciation
- Accruals and prepayments and other adjustments for financial statements
- The valuation of inventory
- Bank reconciliation
- Control Accounts
- Errors not effecting the balancing of Trial Balance
- Suspense accounts and errors
- Partnership accounts