Bachelor’s program
BCom In Foreign Trade Economics
Prepares students to work in foreign trade, international economic relations and international trade policy, with skills in analyzing international markets and in trade negotiation.
- Degree
- Bachelor of Commerce — Foreign Trade
- Credit hours
- 132 credit hours
- Length of study
- 4 levels, 8 semesters
- Hours per level
- 33 credit hours
- Responsible department
- Economics & Public Finance
Mission
The Foreign Trade Economics program prepares graduates who are effective in the local and regional job market, able to compete and to understand foreign trade strategies and economic change, and to produce research that serves and solves the community’s problems and achieves the Sustainable Development Goals, with a commitment to the ethics of international business.
General goals
- Think through and solve foreign trade problems with the scientific method
- Serve the community and develop the environment by applying knowledge of foreign trade
- Develop effective communication and teamwork, and communicate in the best way
- Study the effect of global developments on foreign trade
- Continuously develop one’s own skills and knowledge in foreign trade
- Comply with legal rules and professional standards, and take responsibility
- Prepare economic feasibility studies for investment projects
- Evaluate investment projects
- Use computers and information technology in foreign trade
- Analyze the economic behavior of the economic unit to make decisions
- Calculate macroeconomic variables and prepare the public budget and the balance of payments
- Apply economic principles to explain the economic problems that affect business
- Apply economic principles to use the available resources efficiently and rationalize decisions
- Draw up investment and production plans at national level and for the sectors of economic activity
Graduate attributes
What a graduate of the program knows and can do.
Knowledge and understanding
General outcomes
- Describe the distinguishing features and different forms of business organizations
- Discuss the approaches to the different environments in which organizations operate
- Recognize recent developments and trends in foreign trade
- Explain the basic principles, theories and schools of thought in foreign trade
- Know the economic, statistical, managerial and computer sciences
- Explain the tools and methods of measurement and analysis and the steps of research
- Identify the relationship between commercial sciences and the other social sciences
- Know work ethics and professional practice in foreign trade
Program outcomes
- Know the types of business organizations and bodies, their legal frameworks and activities
- Discuss the general framework of macro and micro information systems for decision-making
- Know the fields of knowledge related to foreign trade and other sciences
- Discuss the concept and components of economic theory, its standards and their application
- Summarize the stages and procedures of financial operations: recording, classification, presentation and interpretation
- Know the rules and principles of applying economic knowledge in organizations and companies
- Know how economic concepts are used in financial feasibility studies
- Know the latest commercial, tax and financial legislation and its application
- Interpret the provisions governing securities transactions, trading and indicators
- Know the basic economic principles at every level, micro and macro
- Know the economic facts of production, the exchange of goods and pricing
- Discuss the macroeconomic issues of national income, the balance of payments and financing
- Explain economic policy at the micro and macro level
- Know quantitative methods and statistical techniques and apply them with a computer
- Discuss problem-solving and decision-making methods in the light of opportunity cost
Intellectual skills
General outcomes
- Analyze financial statements and the internal and external environment of organizations
- Devise methods and principles for solving financial and management problems related to trade
- Identify the positive and negative elements of economic questions and issues
- Analyze figures and interpret their meaning
- Plan to turn threats into opportunities and deal with them positively
- Critique ideas and points of view and give an opinion in a scientific, evidence-based way
Program outcomes
- Choose the right approach to interpret economic events and the transactions that result from them
- Identify the methods suited to the nature of an organization’s activity
- Infer accounting information and figures and their meaning
- Devise and design economic systems and work manuals
- Analyze the economic behavior of producing and consuming units to rationalize decision-making
- Infer the causes and effects of economic phenomena to reach a scientific explanation
- Plan economic strategies using information systems
- Identify what lies behind the direct effects, events or results of any decision
- Design data in suitable ways to understand and analyze phenomena and support decision-making
Professional skills
General outcomes
- Develop and maintain the human and material resources of business sector organizations
- Carry out analytical market studies
- Verify the reliability of the information sources one collects
- Collect data and statistics, interpret them and analyze their economic and social indicators
- Design and operate management and financial systems
- Solve economic problems with the scientific method
- Evaluate performance according to the foundations and principles of financial control
- Prepare, present and interpret financial reports scientifically
- Use computer applications and information technology in foreign trade
- Apply research findings to develop business and improve performance
Program outcomes
- Apply suitable economic methods, procedures and models
- Prepare financial reports and their annexes
- Analyze and evaluate investment alternatives
- Present information appropriately in financial and management reports
- Apply suitable methods and software to carry out an audit according to the circumstances
- Examine and audit vouchers, accounts and statements
- Give financial and tax advice
- Pass professional examinations in the fields of foreign trade
- Frame systems, issues and problems and offer innovative solutions
- Analyze economic theory to grasp the foundations and principles that help explain policy
- Apply ways of thinking about how to deal with economic variables
- Design policies and strategies that address and motivate individuals’ behavior
General skills
- Manage time effectively and efficiently
- Communicate with and influence others effectively
- Work in a team and cooperate with its members
- Develop knowledge and ideas, with a lasting drive for self-learning
- Use suitable methods to solve individual and organizational problems
- Discuss and debate when presenting talks and reports
- Cope with work pressure and adapt to it
- Develop and improve performance
- Use foreign trade terminology in professional work
- Use English to deal with foreign parties
- Use information technology to develop economic information systems
- Use scientific methods to prepare reports and research papers
Program structure
| Course group | Mandatory | Elective | Total |
|---|---|---|---|
| General skills and knowledge requirements | 15 h | 6 h | 21 h |
| Core business concepts | 18 h | — | 18 h |
| Functional courses | 30 h | 6 h | 36 h |
| Supporting courses | 18 h | 3 h | 21 h |
| Information systems and technology courses | 6 h | — | 6 h |
| Specialization courses | 21 h | 9 h | 30 h |
| Program total | 108 h | 24 h | 132 h |
Study plan
The mandatory courses of each semester and the electives of each level.
Level 133 credit hours
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Principles of Economics | 3 | Mandatory | None |
| Principles of Law | 3 | Mandatory | None |
| Foreign Language (1) | 3 | Mandatory | None |
| Principles of Business Administration | 3 | Mandatory | None |
| Principles of Financial Accounting | 3 | Mandatory | None |
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Innovative Thinking | 3 | Mandatory | None |
| Communication Methods and Skills | 3 | Mandatory | None |
| Business Mathematics | 3 | Mandatory | None |
| Organizational Behavior | 3 | Mandatory | None |
| Elective course | 3 | Elective | from the level’s list |
| Elective course | 3 | Elective | from the level’s list |
Level 1 Electives
General skills and knowledge requirements: students choose 2 courses from the following
Level 233 credit hours
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Principles of Microeconomics | 3 | Mandatory | Principles of Economics |
| Logistics and Supply Chain Management | 3 | Mandatory | None |
| Principles of Cost Accounting | 3 | Mandatory | Principles of Financial Accounting |
| Principles of Marketing | 3 | Mandatory | Principles of Business Administration |
| Production and Operations Management | 3 | Mandatory | Principles of Business Administration |
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Foreign Language (2) | 3 | Mandatory | Foreign Language (1) |
| Principles of Managerial Accounting | 3 | Mandatory | Principles of Financial Accounting |
| Principles of Financial Management | 3 | Mandatory | Principles of Financial Accounting |
| Commercial Law | 3 | Mandatory | Principles of Law |
| Business Analytics | 3 | Mandatory | None |
| Management Information Systems | 3 | Mandatory | Principles of Business Administration |
Level 333 credit hours
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Principles of Investment | 3 | Mandatory | Principles of Financial Management |
| Strategic Management | 3 | Mandatory | Principles of Marketing, Principles of Managerial Accounting, and Principles of Financial Management |
| International Trade Theory | 3 | Mandatory | Principles of Economics |
| International Economic Relations | 3 | Mandatory | Principles of Economics |
| Elective course | 3 | Elective | from the level’s list |
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Entrepreneurship and Small Business | 3 | Mandatory | Principles of Business Administration |
| Principles of Macroeconomics | 3 | Mandatory | Principles of Microeconomics |
| International Trade Policies | 3 | Mandatory | International Trade Theory |
| Economic Development and Planning | 3 | Mandatory | Principles of Economics |
| Elective course | 3 | Elective | from the level’s list |
| Elective course | 3 | Elective | from the level’s list |
Level 3 Electives
Functional courses: students choose 2 courses from the following
Supporting courses: students choose one course from the following
Level 433 credit hours
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Applied Statistics | 3 | Mandatory | Business Mathematics |
| Principles of Public Finance | 3 | Mandatory | Principles of Macroeconomics |
| Export and Import Systems | 3 | Mandatory | International Trade Theory |
| Foreign Trade in Egypt | 3 | Mandatory | International Economic Relations |
| Elective course | 3 | Elective | from the level’s list |
| Course | Hours | Type | Prerequisite |
|---|---|---|---|
| Human Resource Management | 3 | Mandatory | None |
| Quantitative Methods and Decision-Making | 3 | Mandatory | Business Mathematics |
| E-Business | 3 | Mandatory | Management Information Systems |
| International Relations and Diplomatic Systems | 3 | Mandatory | International Economic Relations |
| Elective course | 3 | Elective | from the level’s list |
| Elective course | 3 | Elective | from the level’s list |
Level 4 Electives
Specialization courses: students choose 3 courses from the following
Course codes are under review and will be published once approved.
Careers
- Export and import departments of companies
- International market analysis
- International transport and shipping companies
- Diplomatic and trade missions
- International economic blocs
- International banks and financial institutions
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