Intermediate University Diploma Program in Banking and Financial Sciences under Supervision of Al-Balqa Applied University

Because of the Institute's management interest to keep accompanied by the modern scientific updates and the increased demand for higher academic and professional certificates, and in the light of the declined number of nominees for the Intermediate University Diploma Program as a result of the adoption of the Bachelor Degree qualification as a minimum requirement for employees recruitment in most of the organizations of the banking and financial system and institutions under the Institute's academic umbrella in comparison with these numbers previously therefore their employees looks to obtain higher academic degrees. The Institutes Board of Directors issued the resolution No. (802) dated 9/4/2007 which includes halting the admission in the Intermediate University Diploma Program in the both specializations the Banking and Financial Studies and Islamic Banking and Financial Studies for (5) years from the beginning of the academic year 2007/2008 and guaranteed the completion of graduation requirements for the rest students.

The Intermediate University Diploma Program in Banking and Financial Sciences includes two basic specializations: Diploma in Banking and Financial Studies and Diploma in Islamic Banking and Financial Studies. The objective of the Diploma Program in the two specializations is to develop the abilities and capabilities of employees in the Jordanian banking and financial sector to achieve excellence and provide them with a sound academic base in financial and banking studies in both ordinary and Islamic specializations. In addition to the academic emphasis, this program aims at providing students with the practical and applied aspects of these specializations and the analysis of cases studies related to the problems facing the banking and financial sector.

Admission Requirements

The applicant should be an employee working in a bank , a financial organization, a specialized credit institutions, or in any public organization included within the institute's academic umbrella.
The applicant should have General Secondary Education Certificate or equivalent as minimum requirement .
The applicant should have at least two years experience in the financial and banking field .
The applicant should be officially nominated by his / her institution , and will be chosen after successfully completing the admission exam and the personal interview .

Study System

The duration of study for getting Diploma Degree in Banking and Financial Studies or a Diploma Degree in Islamic Banking and Financial Studies is two academic years in full time attendance covering five terms. The duration of each term is sixteen weeks, in the afternoon period and the summer term extends to eight weeks.

Graduation Requirements

The graduation requirements of the Diploma Program in Banking and Financial Sciences (Ordinary and Islamic) are as follows :

Completion of (69) credit hours for both the Diploma in Banking and Financial Studies or the Diploma in Islamic Banking and Financial Studies.
Passing successfully the required courses according to the Accredited study plan.
Accumulating a grade point average (60%) at least .

Study Plan

The study plan of the Diploma Program in both specializations Ordinary and Islamic includes various theoretical and applied subjects in the accredited curriculum which provide students by a strong and integrated background in the field of banking and financial studies . The students are also provided by the appropriate analytical tools which enable them to link theoretical concepts with practice. The study plan requirements for both specializations are distributed as follows:

BANKING AND FINANCIAL STUDIES SPECIALIZATION

First Year

First Term	Second Term	Summer Term
Microeconomics Principles of Accounting Principles of Commercial Law Principles of Insurance Internal Banking Operations	Principles of Management Islamic Culture Macroeconomics Principles of Statistics Corporate Accounting	Arabic Language English Language Foreign Trade and Arab Economic Integration

Second Year

First Term	Second Term
Financial Analysis and Management Bank Accounting Bank Marketing Computer Skills Foreign Banking Operations (1)	Monetary and Banking Systems Auditing and Controlling in Banks Managerial Accounting Bank Management Foreign Banking Operations (2)

ISLAMIC BANKING AND FINANCIAL STUDIES SPECIALIZATION

First Year

First Term	Second Term	Summer Term
Islamic Microeconomics Principles of Accounting Principles of Commercial Law Islamic Culture Applications of Jurisprudence (1)	Management in Islam Islamic Banking Operations Islamic Macroeconomics Principles of Statistics Corporate Accounting	Arabic Language English Language Foreign Trade and Islamic Economic Integration

Second Year

First Term	Second Term
Financial Analysis and Management Islamic Bank Accounting Applications of Jurisprudence (2) Computer Skills Foreign Banking Operations (1)	Public Finance in Islam Islamic Monetary and Banking Systems Islamic Economic Thought Auditing and Controlling in Islamic Banks Foreign Banking Operations (2)

Graduates of the Program

The graduates of the two years Diploma Program in Banking and Financial Sciences totalled (31) during the academic year 2007/2008, forming the 36th group of the program students distributed as follows:-

- (5) Graduates by the end of the first semester, in Amman (3) from the Banking and Financial Studies specialization and (1) student from the Islamic Banking and Financial Studies specialization, in addition to (1) student from the Banking and Financial Studies specialization in the Institute's Branch in Irbid.

- (24) Graduates by the end of the second semester, in Amman (10) from the Banking and Financial Studies specialization and (5) from the Islamic Banking and Financial Studies specialization, in addition to (9) students from the Banking and Financial Studies specialization in the Institute's Branch in Irbid.

- (2) Graduates by the end of the summer semester, one of them from the Banking and Financial Studies specialization and the other one from the Islamic Banking and Financial Studies specialization.

As for the distribution of the graduates of this group according to nominating institutions: (18) from the licensed banks employees, by percentage (58%) of total number of graduates. (13) Graduates from the specialized credit institutions and institutions listed under the Institute's academic umbrella, by percentage (42%) of the total number. consequently, the total number of graduates reached (1574) since the foundation of the Institute and until the end of the year 2008.