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Economics and Finance
The international finance specialization is one of the new specialties in the business world imposed by the necessities of the changing era, and it is called another name which is international finance or external finance, and finance is one of the basic pillars of countries, and international economies and it is an effective contributor to growth and sustainable development, and it is the specialization that was developed to overcome crises International finance that affects the countries of the world.
Economics and Finance combines economics and finance, as economics studies processes related to production, consumption, distribution, protection of the natural environment and relationships between decision-makers, while finance studies financial markets, price changes, cash flows, interest rates, and other financial sciences.
Economics and Finance aims to train market and economics experts who are equipped with all the knowledge and sciences that enable them to understand the economic and financial changes of the era in order to be able to stand in the face of the great challenges of domestic and international economic competition.
The difference between Economics and Economics and Finance:
Economics and Finance is more comprehensive than Economics as it adds to the basic knowledge of economics other sciences such as management sciences, and fundamentals of monetary and financial sciences.
Duration of study:
Students study for four years in international universities as well as in Turkish universities, which are ranked at the global level among the best universities in commercial and economic majors.
Importance of Economics and Finance:
It has great importance in the financial and business sector and the commercial, industrial and service sectors, in addition to its great importance and contribution to the financial and economic development of companies, institutions and organizations thanks to experts who combine economics and finance.
The importance of this major is evident in the many sciences and the diverse skills that its graduates possess as they combine the fundamentals of economics and financial sciences skills, in addition to management skills and their great knowledge of computer science techniques, programming principles and digital intelligence, thus forming the basic base in various fields of commerce.
The growing desire among the leaders of the commercial and administrative sector to have academic experts who know the secrets of economics has increased its importance in the world of university majors.
International universities, including Turkish universities, attach great importance to Economics and Finance due to the high turnout of young people with creative thinking to this major, and to cover the growing needs of the labor market. Economics and Finance graduates enjoy a prominent social position in various human societies, and they also enjoy prestigious jobs and high income.
Economics and Finance Curriculum:
Students study a set of scientific courses that provide them with the basics of economic, financial and administrative sciences. The names of some subjects may differ in different universities, and this is an overview of some basic subjects for the Economics and Finance major:
- First Year: Introduction to Economics – Mathematics for Economists – Social Problems and Critical Thinking.
- Second year: Introduction to Accounting – Approaches in Management – Microeconomics – Statistics – Basic Principles of Law – Preparation of Financial Reports and Cost Analysis – Macroeconomics.
- Third year: Management Accounting – Money and Banks – Introduction to Econometrics – Business Economics – Financial Institutions and Monetary Markets
- Fourth year: History of Economic Thought – External financing – Finance and Risk Management – Monetary policy.
Economics and Finance and Business World:
Economics and Finance is one of the most popular majors in the labor market, and graduates of this department can occupy many important jobs and positions such as:
- Banks and the banking sector.
- Commercial companies.
- Import, export and international trade companies.
- Accounting, inspection and control sectors.
- Various government departments.
There is no doubt that the great importance of the international finance major made it acquire a large share of job opportunities in the financial and commercial sectors, and its graduates, thanks to the academic knowledge they possess, were able to occupy the most prestigious positions in financial institutions, and were able to occupy many important places.