BDFin Course Summary

First Year, First Semester Courses: Briefs
DEVS 101 Concepts and Theories in Development

It includes fundamental concepts of development covering definitions, Human Development Index, approaches and measuring poverty & deprivation, along with various schools of thoughts on economic growth. It covers selected themes on contemporary development and major development partners (inter-governmental, non-governmental, bilateral and national). Covering on global history of human development such as ancient civilizations, industrial revolutions, and post-World War II international development, it analyzes Nepal’s development process as a case study.

ECON 102 Microeconomics

The course contains introduction to micro economics and its scope and uses. It deals with theories of consumer's behaviors (cardinal approach, Ordinal approach, price effect, and income effect), theory of firm (Iso-quants, least cost combination of factors, Cobb Douglas production function, linear programming, short run and long run costs), theory of product pricing (Perfect competition, and Oligopoly). It also deals with employment and pricing of inputs including modern theory of wages.

ENGL 161 English –I

The course seeks to develop creative and pragmatic ability through intensive reading of interdisciplinary texts, reading portfolio, writing and reporting assignment such as oral & written presentations and group discussions, debate, drama on contemporary topics.This course will be continued with the ENGL162 English – II in the 1st Year, 2nd Semester.
This course will be continued with the ENGL162 English – II in the 1 st Year, 2 nd Semester.

FACC 101 Financial Accounting

The course familiarizes students with the function and process of financial reporting system from a user and system design perspective. The topics included are Accounting Assumptions, Double Entry System, Recording of Business Transactions, Sub – division of Journal, Cash and Banking transactions, Trial Balance, Accounting for Fixed Asset, Reserve and Provision, Capital & Revenue Concept, Financial Statement and Government Accounting

MATH 161 Linear Algebra

With the objective of equipping the students with basic mathematical tools and skills applicable in the field of development studies including economics, social & environmental studies, the course will cover Sets, Relations & Functions sequence series, permutation combinations. It also covers application of Derivatives. It links with the numerical and statistical techniques in business or research.

NEPL105 Nepali – I

नेपाली भाषाको व्याकरण र अभिव्यक्ति शैलिको अध्ययन गरेर यसको मौखिक र लिखित प्रयोग गर्न, शव्दभण्डारका ज्ञानको अभिवृद्धि गर्न, र लेखनका सीपहरुको विकास गर्न यो पाठ्यांशको तर्जुमा गरिएको हो । यसले नेपाली भाषाको सार्वजनिक व्यवहार, ज्ञान–विज्ञान, समाजशास्त्र र साहित्यका क्षेत्रमा प्रयुक्त हुने विशेष शव्दावलीको प्रयोग उपयुक्त र प्रभावकारी ढंगले गर्न मद्दत पु¥याउने छ ।

NEPL 105 Nepali(Alt) – I

For the foreign students, Alternative Nepali is available.

First Year Second Semester Courses: Briefs
COMM 112 Seminar: Oral and Poster Presentation

The inclusion of this course is to give a student an opportunity to explore and communicate the knowledge on social sciences he/she has gained (or already had) in a presentation in front of the college research committee. The presentation will be oral made using posters.

ECON 205 Macroeconomic

This course on intermediate macroeconomic theory and policy analysis deals the measurement and structure of national economy; labor market issues (productivity, output and employment); consumption, savings & investment, market equilibrium; Long run economic growth (Harrod-Domar, Slow growth, Endogenous growth); Money market (Money, Money Supply & Demand, Equilibrium); Deriving the IS, LM and As-AD curves; Neo-Keynesian Synthesis; Business cycle analysis; Keynesian Macroeconomics; Unemployment and Inflation; and Macroeconomic issues relevant in contemporary Nepal.

MATH 162 Calculus and Application

II Differentiation, Integration and application

NEPL 106 Nepali - II

नेपाली भाषाको व्याकरण र अभिव्यक्ति शैलिको अध्ययन गरेर यसको मौखिक र लिखित प्रयोग गर्न, शव्दभण्डारका ज्ञानको अभिवृद्धि गर्न, र लेखनका सीपहरुको विकास गर्न यो पाठ्यांशको तर्जुमा गरिएको हो । यसले नेपाली भाषाको सार्वजनिक व्यवहार, ज्ञान–विज्ञान, समाजशास्त्र र साहित्यका क्षेत्रमा प्रयुक्त हुने विशेष शव्दावलीको प्रयोग उपयुक्त र प्रभावकारी ढंगले गर्न मद्दत पु¥याउने छ ।
पाठ्यक्रम NEPL101 Nepali–I लाई आधार मानी यो पाठ्यक्रम अन्तर्गत समाबेश गरिएका बिषयहरु हुन् शोध सिद्धान्त र पद्धति, शोधप्रस्ताव; सन्दर्भ सामग्री संकलन बिधि, अध्ययन, विश्लेषण र सामान्यीकरण; र शोधप्रस्ताव लेखन, शोधपत्रलेखन, टंकन र प्रस्तुततीकरण । यस अन्तर्गत कृतिविवेचना भित्र उपन्यास, कथा, नाटक, निबन्ध र कविता समेटिएका छन् ।

STAT 105 Statistics

The course inculcates the basic knowledge of statistics, techniques of collecting data and handling the through versions statistics tests. It acquaints the students with the descriptive and inferential statistics, general principles of statistics, possibility theory, and time series analysis. The topics included are Data collection, Measures of central tendency, Measure of dispersion, skewness and kurtosis, Correlation and regression analysis, Time series analysis, Index numbers, Elementary probability theory and normal distribution and Concept of estimation and test of hypothesis.

Second Year, First Semester Courses: Brief
DEVS 210 Business Communication

The course covers the principles of communication and their applications in the field of development finance. It highlights on ethical, legal, cultural, and global issues affecting business communication. It includes communication models and theoretical perspectives, along with Communication Planning and also includes the pertinent topics such as business messages using appropriate organizational formats and channels (correspond at work using appropriate messages e.g. memorandum, routine letters, good-will messages, persuasive messages and negative messages). It covers inter-personal communication (telephone and meeting), as well as use of oral presentations with or without audio- visuals covering mass communication, community radio, media and contemporary issues, street theater, audio-visual, communication technology, advertisement and commercials.

FINS 211 Nepalese Financial System and Regulation

The objective of the course is to familiarize the students with the basic concepts and structures of the financial markets and institutions of Nepal as the major components of the financial system. It covers the areas of Central banking and commercial banking, Development banking and other non-banking financial institutions (Employees’ Provident Fund, Insurance companies, Rural Development Bank, Cooperatives and Remittance), and Money markets and capital markets (securities and non-securities). It highlights on the prevailing financial regulations in Nepal.

FMGT 201 Financial Management II

The course provides the basic understanding of the concept of and techniques of financial management. The topics are Present Values in Bank Installments, Concept of Risk and Return, Stock Valuation, Bond Price and Yields, Financial Ratios, Capital Budgeting, Lease Financing and Value Based Management. The course aims to develop basic skills required in applying them in financial analysis in real life situations.

PMGT 201 Principle of Management

The course provides comprehensive knowledge about organization and its functions, principles and techniques of management. The topics contained in the course are Introduction to Management and Manager, Historical Evolution of Management Thought, Business Environment, Planning and Decision Making, Organization and Structure, Leadership, Control (including MIS and DSS, quality control etc), Motivation, and International Management.

PSYC 205 Organization and Human Behavior

The course covers the fundamentals of human behavior (growth of human behavior in and out of organization, social system, learning and cognition), behavioral science (Research methods, Theory X and Theory Y, Behavioral techniques such as Stimulus response and Stimulus-organism-response), Motivation (psychological process, Maslow's, Herzberg's and Alderfer's models), Micro Approach (social process, and group dynamics), and Communication (concepts, types, problems, barriers and implications in development). It also covers the topics of conflicts and leadership in development process.

STAT 205 Statistics II

The course covers various types of statistical methods for information extracting and trend forecasting. It also includes study of various statistical tests such as z-test, t-test, chi-square test, ANOVA (one way, two way, three way), correlation and regression analyses. It covers skill development in handling the statistical computer packages such as SPSS, Minitab, T etc and drawing inferences therein.

Second Year Second Semester Courses: Briefs
ECON 303 Monetary Economics

The objective of the course is to disseminate a thorough understanding of monetary theory, the effects of monetary policy (variables) on the macroeconomic system including the theoretical and empirical underpinnings of the monetary policy analysis, the role of the Central Bank and the conduct of monetary policy in closed and open economies. The course includes Portfolio Selection and the Term Structure of Interest Rates, FOREX, Determinants of Money Supply and Demand, IS/LM framework, Inflation, The Rational Expectations Hypothesis, Monetary Policy Rules, Alternative Monetary Policy Regimes, and Optimal Monetary Policy for Closed and Open Economies.

ECON 202 Introduction to Econometrics

The course intends to familiarize the students with econometric models and tools necessary to analyze economic data and to build foundation for learning advanced courses in econometrics. The course contains five units covering the main topics such as models & linear regression, multiple regression, multicollinearity, residual & time series analysis, and model specification.

FACC 201Taxation and Applied Accounting

The objective of this course is to provide students the basic concepts of taxation in accounting practices and to make familiar with applied accounting package. It covers types of taxes including value added tax, taxation procedure, company auditing, computerized system taxation

FINS 202 Financial Market & Institutions

The course provides an overview of financial institutions and markets with special emphasis on the functions of various financial institutions of Nepal. It deals with concepts, tools and techniques of managing financial institutions and develops skills to apply them in real life situations. The topics included are Traditional and Indigenous Financial Institutions of Nepal, The Money Market, Banks, Thrift Institutions and Credit Unions, Regulations of Depository Institutions, Operations of Commercial Banks, Asset and liability Management of Commercial Banks, International Banking, Financial Conglomerates and subsidiaries, and Insurance Companies.

FINS 205 Investment & Financial Instruments

The course provides concepts, theories and modules of valuation of securities required for investment analysis and develop skill to apply them in real life situation by analyzing opportunities and threats with appropriate polices and strategies. The major topics include the Nepal Rastra Bank, Bond & Its Valuation, Stock Valuation, Earning Per Share, Alternative Investments, Investment Decision Making, Portfolio Selection, and Capital Assess Pricing Module.

MMGT 202 Marketing Management

Aiming at developing knowledge and skills pertinent to marketing management, the course covers from introduction to Marketing to Decision Making. The other topics are Marketing Process & Environment, Buyer Behavior & Management Information System (MIS), Market Segmentation, Analysis of Product and Needs Fulfilled, Product Development, Pricing, Promotion and Packaging & Distribution.

Third Year First Semester Courses: Briefs
DEVS 301 Human Resource Management & Development

The inclusion of this course is to give a student an opportunity to explore and communicate the knowledge on social sciences he/she has gained (or already had) in a presentation in front of the college research committee. The presentation will be oral made using posters.

ECON 311 Public Finance and Economic Assessment

The course covers the classical and modern concepts of public finance including fiscal policy, development versus regular budgets, macro-economic stability, deficit financing, financial system, and economic development. It covers the concepts of public expenditure, principles of banking system including assets and liabilities, portfolio management and credit creation.
While covering the public finance domain, the course covers economic assessment techniques such as Local Economic Assessment Package (LEAP) Model, and UNEP's Green Economy Initiative. It includes the economic performance measures, benchmarks, and implications on sustainability and poverty reduction.

ECON 304 Micro Enterprise and Micro Finance

The course covers the concepts of micro enterprises such as definitions, personal characteristics (such as family size, age, gender, status, family position etc), business characteristics (such as scope, activities, location, traditions, market, formality etc), growth, future expansion, issues & challenges, employment, contribution to economy, and distributions. It also covers a range of topics in Micro enterprise and micro Finance such as Poverty Scenario in Nepal, Micro Finance products, Micro Finance Models (e.g. Grameen replication, Cooperative, FINGO and SHGs approaches), Micro Finance policy environment (including projects like PCRW, MCPW, PAPWT, RMP, TLDP and CGISP), Institutional Infrastructure, Development in Micro Finance Sector in Nepal, Regulation of Micro Finance, Development Banks, Micro Insurance, Performance Management and Indicators, Interest rate setting, Corporate governance, Business planning, Monitoring and Supervision, Sources of fund (RSRF, RMDC, SKKB, NCDB, BFIs, and Donor Agencies), Micro Finance Networking and regional Association (APRACA, CICTAB, CGAP, Grameen Trust, MIFAN, EMN, AMFIN, GNN,CMF, INAFI, SEEP, BWTP, MIX Market, and Research & Training.

FINS 401 e-Commerce

The objectives of the course include understanding theories and concepts of e-commerce, its application, in the real world, and improving familiarity with current challenges and issues. The topics include Introduction, E-commerce business models and concepts, Security and Payment, E-commerce in Action, Other E-Commerce Models and Applications, E-commerce strategy and implementation, Building an E-commerce Web Site, Understanding e-finance, e-trading and e-banking, and Project Work: Preparation of E-Commerce Business-Plan.

FINS 404 Risk and Insurance

The objectives are to impart theoretical knowledge of Risks & Insurance (Life & Non-Life), familiarize students with general principles of insurance and its technicality, and develop insight into international practice of insurance. The topics include Concept of risk, Introduction to Insurance and Risk Management, Principle of Insurance, Life and Non-life insurance, Underwriting and Claim settlement, Intermediaries in insurance Market, Insurance proposal and policy, and Nepal perspectives such as Globalization and Insurance Business, Insurance Laws, Insurance Supervision and Issues, and Related Organizations.

FINS 302 International Finance

The course complements to International trade with a focus on the dynamics of the global financial system, international monetary systems, balance of payments, exchange rates, and foreign direct investment. It includes the organizational goals, objectives, strategies and programs of international financial institutions such as World Bank, Asian Development Bank, International Monetary Fund etc

Third Year Second Semester Courses: Briefs
DEVS 305 Research Methodology

The course covers various aspects of research methodology. The topics on sampling design include census, sample survey, criteria for sample selection, sample size, sampling theory, standard errors, and types of sample designs. The other topics are measurement & scaling techniques (scales, errors, tools etc), data collection (primary & secondary, questionnaire, case study, participatory rural appraisal, interview, focus group discussion etc), data processing and analysis (operation, elements & types, central tendency and dispersion, regression and correlation), and hypothesis testing (z, t and F tests, non-parametric tests etc). It also includes interpretation and report writing, and use of computerin research.

DEVS 307 Private Sector Development

The course highlights on the roles of private sector in poverty reduction, and new models of private sector development. It covers on favorable investment climate, and employment generation. The other topics includes public Intervention to promote private sector, pro-poor policy design, Policy and Regulatory Framework for Private Sector Development, Privatization, and Post-Privatization Issues, Corporate Social Responsibility (focus on Nepal context), Entrepreneurship (practice and Innovation).

PMGT 311 Project Management

The course aims to provide knowledge and skill on various aspects of project management such as planning, implementation and evaluation. The topics included are concepts of project cycle management, resource management (cost, quality and time), SWOT analysis, Gantt Chart, CPM analysis, Systems approach, Project Proposal and Project Financing, cost estimation, procurement, resource mobilization, MIS (Management Information System) etc. It includes cases studies of major projects along with field study

ECON 403 International Trades

The course aims to familiarize students on the theory of international trade with applications to current policy issues and the trade regulation mechanism both at national and International Level, by also covering i) the basic tools to understand what determines the flow of goods across countries, i.e. international trade, along with what determines the flow of savings and investments from one country to another, and ii) applications to a number of topics of current interest, including the debate on globalization, free trade agreements, and the crisis in developing countries along with prospects of reform

ECON 312 Natural Resource Economics

The course aims to familiarize students on the principles of economics on the wise use of natural resources such as forests, water, soil, minerals etc. It will cover the fundamental principles of natural resource management with highlights on the contemporary issues and policies associated with the natural resources. It will focus on the Nepal cases studies on community forestry, buffer zone management, conservation area management, recycling of mountaineering royalty, community management of micro hydropower, payment for ecosystem services (e.g. Kulekhani), community management of drinking water and irrigation etc.

DEVS 311 Disaster Management

This course will focus on the disasters (Natural and Induced) and their management using integrated approaches. Its scope will include introductory aspects including types and causes of natural disasters, and their effects and impacts (Social, Economic and Financial) on the environment and the society. This will also highlight on the key concepts of post disaster needs assessment, relief and recovery strategy.

Fourth Year First Semester Courses: Briefs
DFIN 405 Business Proposal Development and Writing

This course will generate the knowhow among development finance students of the paramount importance the process of developing a business proposal has in selling ideas, products and services to customers and clients in written structured communication. It will include details of proposal types, the processes involved in packaging the whole proposal idea, research, research requirements and analysis, and unique selling proposition. These will be followed by the proposal writing skill development.

DFIN 411 Integrated Project Impact Assessment

The course aims to endocrine students with project management through conceptual knowledge and field exercise. It includes the fundamental aspects of IIA on the economic, financial, social, and environmental effects, and approaches such as Identifying the Key Questions, Defining the Boundaries (Space and Time), Identifying Indicators (Quantitative/qualitative), Methods (Ranking/scoring, Before/after scoring, scoring against a nominal baseline, Simple ranking, Pair wise ranking and matrix scoring), Sampling, Assessing Project Attribution, Triangulation, Feedback and Validation

DFIN 401 Internship

For minimum two months, each student will be placed for first hand work experience in corporate, financial and development organizations in order to be familiarized with the professional working environment. Under the supervision of a mentor an internee student will make a deeper study on the specified areas, and write an operational report on practical exposure with corporate and organizational systems.

Fourth Year Second Semester Courses: Brief
DEVS 405 Project Work (6 credit hours)

Based on the knowledge and skill developed through the previous seven semesters, students will develop a project proposal for independent research work. Upon finalizing the proposal, students will conduct field works under the supervision of experts, and make presentation in front of an external examiner.

FINS 403 Regional Financial System & Services

The course covers on various kinds of domestic and regional financial services as well as financial system prevailed in developed and developing countries. It deals on the global Financial System along with the systems in US, UK, Germany, Japan, China, India and the Islamic countries. The topics of financial services cover on Credit Rating, Consumer Finance, Merchant Banking, Public Issue Management, Mutual Fund, Infrastructure Financing etc. The topics of ethical issues cover behavior of individuals and society as a whole and social responsibility of financial institutions, and AMI. The strategies for financial services will be on marketing strategies of financial institutions.

Elective (Anyone Group)

Elective Group I

DFIN 415 Energy Finance and Management

The course covers sources and types of energy (biomass, fossil, geothermal, hydropower, nuclear, solar, wind etc), and environmental, social and Economic, Financial and Management aspects of energy. It also includes the basic concepts of thermodynamics, and energy efficiency. Focusing on the alternative energy, it includes energy strategy along with energy planning, operation of energy production and energy consumption. It covers energy regulations, standards and incentives along with energy auditing. It covers case studies on energy related projects such as biogas, micro-hydro, improved cooking stove, solar power, wind, geothermal etc.

DFIN 421 Management of Infrastructure Development

This course mainly focuses on managing civil infrastructures along with the pertinent environmental issues. It includes types of key infrastructures that are vital for development such as road and trail network, bridges (vehicle and suspension), water supply and irrigation (source and distribution), electricity (power generation and transmission), airports (STOLL and others), and housing (urban and rural), traditional infrastructure (trails, monuments, water supply, settlements etc). It highlights on the environment-friendly infrastructure along with case studies on community participation in infrastructure development. The case studies will cover water supply managed by the communities and the public sector, and housing projects managed by the private sector.

ECON403 International Trade & Development

The course aims to familiarize students on the theory of international trade with applications to current policy issues and the trade regulation mechanism both at national and International Level, by also covering i) the basic tools to understand what determines the flow of goods across countries, i.e. international trade, along with what determines the flow of savings and investments from one country to another, and ii) applications to a number of topics of current interest, including the debate on globalization, free trade agreements, and the crisis in developing countries along with prospects of reform.

Elective Group II

DFIN 416 Cooperative management

The course covers the broad areas of cooperative management such as fundamental principles, objectives, structure, finance, marketing, and management. It includes history and development of cooperative businesses, economic justification and growth. It highlights on organization, operation, governance, management and marketing strategies. It covers the philosophical aspects such as social responsibility and sustainability (institutional, financial and environmental). It covers some capacity building, networking, recognition and monitoring of cooperatives, along with reporting. It covers issues and challenges faced as well as opportunities and resolutions adopted by cooperatives. It covers case studies on the selected sectors such as agriculture & forestry, culture & tourism, disaster preparedness & prevention, education & awareness, environment, health & sanitation etc.

DFIN 422 Management of Non-Profit Organization (NPO)

The course covers the key aspects of non-profit organization management including philosophy, types and characteristics highlighting on governance, sustainability, transparency and accountability. It covers the key aspects of NPO management including accounting and finance, human resource (personnel and volunteers), strategic planning and resource mobilization including monitoring & evaluation. It also covers the leadership and innovation components as well as advocacy and communication in NPO management. Case studies include the selected NPOs, their functions and contributions in Nepal.