Accredited by Accreditation Council for Business Schools & Programs

FacultyBusiness and IT
DepartmentAccounting and Finance
Program Title /concentration (If any)Diploma in Banking and Finance
Total Credit Hours needed for completion of the program63 credit hours
Award (S) Granted On Completion Of The ProgramDiploma in Banking and Finance

Program Mission

The Two Years Diploma program in Banking and Finance (BAF) is designed to provide students with both the conceptual and technical skills needed by the potential employers of BAF diploma graduates. In this 2-year BAF Diploma program, students will study several concentration courses in banking and finance, as well as business, economics, statistics and a variety of other skills necessary to the market needs. In addition to catering the needs of entry level jobs in the market, the ECT BAF Diploma Courses may also be articulated with a Bachelor Program in Banking and Finance being offered in four-year senior colleges and universities in the country and abroad.

Program Goals

  • . Enhance students’ awareness of societal values, integrity at work and professional excellence.
  • Prepare students to evolve in a cross-functional, team-based work environment.
  • Offer ECT students a high quality, innovative and market needed skills/competencies based on a 2-year Diploma Program in Banking and Finance at affordable costs.
  • Provide ECT students with the outcomes and skills-based education in the discipline of banking and finance deploy an effective mix of the best practice instructional methodologies and strategies, and prepare the students for successful careers in Banking and Finance.
  • Provide potential employers with highly competent graduates with professional ethics in the field of banking and finance at entry-level.
  • Prepare students of the ECT 2-year Diploma Program in Banking and Finance for pursuing further studies at other senior colleges and universities within the UAE and abroad.
  • Demonstrate to the students how academic students of ECT Diploma Program in Banking and Finance relate to the world of banking and finance practice.
  • Develop and maintain close relationships between the ECT Diploma Program in Banking and Finance and the leaders of banking and finance profession.

Core Program learning outcomes

  • Acquire general knowledge about self, environment and society.
  • Acquire the knowledge, skills, and motivations to make an ethical decision based on an understanding of the societal values.
  • Work effectively in teams.
  • Recognize basic banking and finance concepts.
  • Identify key issues in different areas of banking and finance.
  • Use mathematical techniques in banking and finance practice.
  • Employ various tools of banking and finance practice.
  • Use information technology in banking and finance practice.
  • Solve basic level banking and finance problems.
  • Perform as both team members and team leaders.

Diploma in Banking and Finance 2018/2019

Semester 1CreditsSemester 2Credits
CIS 101Information Technology Skills3MAN 101Business organization and Management3
MTH 100College Mathematics3BAF 201Principles of Finance3
ENG 102Communication3NSC 201Natural Science3
ECO 201Microeconomics3ACC 101Accounting Principles I3
ISC 100Islamic Culture3ECO 202Macroeconomics3
Total15 Total15
BAF 202Financial Institutions & Markets3GEN 301Professional Ethics3
BAF 203Islamic Banking3MAN 202Organizational Behavior3
BAF 205Commercial Banking3BAF 204Computer Application in Banking & Finance3
MTH  102Business Mathematics3BAF 206,,,                Financial Statement Analysis3
SSR 101Study Skills3Elective Course3
ACC 102Accounting Principles II3
Total18 Total15

Secondary School Certificate

Students applying for admission to any of the ECT academic programs must be graduates with a UAE Secondary School Certificate, or it’s equivalent, as stated in the admission requirements set in the Ministerial Decrees (No. 200/year 2004 and No 133/year 2005), in addition to meeting the following admission requirements:

  • All applicants for ECT’s programs must achieve a recognized and official secondary school certificate, or it’s equivalent, showing successful completion of secondary education.
  • All applicants who studied at private schools have to be graduates from a school that is licensed and recognized by the Ministry of Education in the UAE.
  • Students who complete a UAE General Secondary School Certificate must achieve a minimum score of 60% for entry to ECT’s undergraduate programs, according to the regulations of the Ministry of Higher Education and Scientific Research. However, students with scores of less than 60% can study in the Foundation Certificate program and should pass five courses, before they proceed to the college programs, namely:
ACS001Arabic Communication
SSR001Study Skills
ENG001English Communication
  • Students with Industrial, Applied Technology, Commercial, and Agricultural Secondary School Certificates and with a minimum score of 65% can be admitted to ECT programs. However, students with these certificates and with scores less than 65% can be admitted in the Foundation Program. Students under this category should provide an equivalency from the Ministry of Education.
  • Applicants from foreign schools that follow systems of education applied in their native countries, which have two levels of secondary school education, have to complete the higher level of secondary education in order to be admitted.

Additional Requirements

To apply for any program offered by ECT, prospective students must submit:

  • Admission application (completed in full, signed and dated) Copy of a valid passport, with the UAE residence visa (if appropriate)
  • Originals or certified copies of all ‘attested’ education certificates including completion certificates and transcripts  from other higher education institutions for transfer credit purpose
  • English Proficiency Certificate (if appropriate)
  • 2 Passport size photographs
  • A receipt to prove the payment of the non-refundable application fees.

*Prospective students must sign pledges at the Admission Office in order to complete the file.*Applicants who have submitted applications with missing information will be requested to provide required information prior to a full assessment of the application can be undertaken.

Proficiency in English

An adequate level of English language proficiency is required for admission. Applicants are required to present one of the following certificates of proficiency:

  • For English programs:
    1. Valid certified TOEFL results equivalent to 500 (173CBT, a 61 iBT) or above
    2. Valid certified IELTS results band 5.0
    3. Valid certified PTE A score of (36-41) is equivalent to an IELTS score of 5.0, and a PTE A score of (44) is equivalent to TOEFL 500 (173CBT, a 61 iBT). Otherwise, they may undertake a course of remedial or intensive English but must achieve the required score before they can proceed into their academic programs.
  • For the Arabic program “Mass Communication and Public Relations”, students should submit a TOEFL certificate with a score of 450, or equivalent. A student with a score of 400 can study the first year program but needs to obtain a 450 score before proceeding to the second year.
  • For the Foundation Certificate Program, students who are admitted in the Foundation Program at ECT and wish to pursue their higher education also at ECT and have successfully completed the requirements of the Foundation Certificate Program must meet the English proficiency requirement.
  • Students who can’t provide proof of English proficiency upon admission will be required to undertake remedial or intensive English courses provided by the ECT.

Policy Concerning Students Studying Remedial English (ESL) at ECT

The students who are studying remedial English courses (ESL) at ECT, prior to achieving the required TOEFL 500 or English Proficiency score as stated above (part c: Proficiency in English), are eligible to register provided that they fulfill all other admission requirements for ECT academic programs, in only eight ECT general education courses namely:

GEN102Islamic Culture
BIT100Introduction to Information Technology skills
MTH100College Mathematics
ENG103Study Skills
GEN100Communication Skills in Arabic
GEN104Man and environment
GEN106Natural Science
ENG100English I

Students are categorized according to their placement test/TOEFL results into one of the five levels of remedial English. At each level of ESL courses, a student can register simultaneously into two of the eight general education courses as specified above.

Employability Scope

Throughout your Diploma Programs you will receive career guidance from our expert staff and Student Affairs Dept. You will gain valuable new skills which prepare you for work, graduate entry into management training programmes, or further study.

Professional Occupations

Professional occupations for which graduates are prepared in the program:

  • Assistant Financial Planning Officer
  • Relationship Banker
  • Assistant Credit Review Officer
  • Commercial Bank Sales Representative
  • Assistant Commercial Credit Officer
  • Portfolio Management Assistant

The program in multimedia

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