The Faculty of Administrative and Financial Sciences (FAFS) was established in 1991, with 5 faculty members and 55 female students. By the first semester of 2015/2016, the number of students reached 2600 with 90 faculty members, of which 74 hold Ph.D. degrees, 16 hold Master's, and 5 lab technicians and mentors.
The Faculty offers six majors; Business Administration, Banking and Finance, Accounting, E-Business & Commerce, Management Information Systems and Marketing. Starting the Fall semester of 2012/2013, a new graduate program leading to a Master degree in Marketing has been introduced following the successful launching of an MBA program with about 30 graduate students a year before.
These majors prepare graduates for jobs in both public and private sectors or pursue graduate studies in these majors. Students in all majors are provided with education in the use of computers, information technology and English language, with the aid of Blackboard material as a step toward E-Learning. FAFS also hosts several public speakers, and its faculty members are encouraged to participate in conferences, training sessions and workshops.
In addition, 27 classrooms and (12) computer labs are equipped with Data Shows.
FAFS has an intensive scholarship program whereby selected holders of Master and Bachelor degrees are hired and consequently offered Ph.D. scholarships. Eleven of those completed their studies and joined the ranks of the Faculty. Six more students are still at various stages of their studies toward Ph.D. degrees: Three in Accounting, two in Business Administration, one in Marketing. More candidates are being evaluated for Ph.D. Scholarships in many fields of specialization.
Looking into the Future, FAFS Plans to:
- Continue to improve and advance its graduate programs in Business Administration and Marketing.
- Introduce other graduate programs leading to Master degrees in Accounting and Finance.
- Continue applying the Quality Assurance Principles in its programs.
- Continue to transformation toward E-Learning using learning management systems.
- Activate the Business Incubator to become a center where students ideas and innovations are translated into promising investment projects.
- Transform the Faculty building to "Green Faculty" through a campaign of "Clean and No Smoking" place run by faculty members and students.