Shatt Al-Arab University
[10/13/2026 8:34 PM] جودة: College of Administration and Economics
Establishment of the Department of Financial and Banking Sciences
Introduction
In view of the developments taking place across various fields and the needs of the labor market in Basra Governorate in particular and Iraq in general, as well as the growing demand for specialized expertise in the financial and banking sectors in light of economic developments, the establishment of the Department of Financial and Banking Sciences at the College of Administration and Economics, Shatt Al-Arab University, was proposed. The department aims to provide qualified graduates who can contribute to the development of financial and banking institutions across the governorates.
Department Vision
The Department of Financial and Banking Sciences aspires to achieve leadership and excellence in the world of finance and business, disseminate and apply knowledge in the fields of financial and banking sciences, and keep pace with scientific advancements in accordance with international academic standards.
Department Mission
The department seeks to disseminate knowledge and develop the management of institutions capable of adopting modern approaches to financial leadership. It aims to provide education based on scientific and practical skills to support economic development through partnerships with financial institutions and public universities, with particular emphasis on practical training.
Department Objectives
• To prepare students academically and professionally in the field of financial and banking sciences and enable them to apply their knowledge in the workplace.
• To equip students with the skills required to use tools and techniques for solving financial and banking problems.
• To prepare qualified personnel capable of meeting labor market needs.
• To provide students with high-quality education that accommodates their diverse interests and professional aspirations.
• To strengthen cooperation with the finance and business sectors, enhancing graduates’ scientific and practical skills and helping them secure employment opportunities after graduation.
• To maintain high standards of professionalism and continuously improve teaching and learning in accordance with the quality assurance guidelines adopted by the Ministry.
• To establish partnerships and communication channels with public- and private-sector organizations to address their financial and administrative challenges and provide innovative solutions based on sound scientific knowledge.
• To promote academic excellence within the department by supporting scholarships for outstanding and qualified students, providing and updating academic resources such as books, scientific journals, and databases, and strengthening faculty members’ academic capabilities by encouraging participation in conferences, workshops, and training courses.
Department Values
• Providing university education to all students in accordance with the highest quality standards.
• Upholding the principles of equality and fairness in dealing with students and adhering to the highest ethical standards to foster trust.
• Placing students at the center of the teaching and learning process by identifying their needs, respecting their opinions, and helping them develop their skills.
• Continuously improving the teaching and learning process to enhance students’ intellectual and academic capabilities.
• Building genuine partnerships with financial institutions in the local community to promote knowledge sharing.
• Contributing to the service of local community institutions and diverse social groups through extracurricular social programs and activities.
Graduate Career Profile of the Department of Financial and Banking Sciences
1. Employment Opportunities
[10/13/2026 8:34 PM] جودة: Graduates of the Department of Financial and Banking Sciences at Shatt Al-Arab University are prepared to contribute to administrative, financial, and banking operations and to the management of financial institutions using modern management principles and information technology, particularly in the southern governorates of Iraq.
2. Degree Awarded
Graduates of the Department of Financial and Banking Sciences are awarded a Bachelor’s Degree in Financial and Banking Sciences, qualifying them for employment in the following fields:
1. Accounting, subject to applicable professional registration requirements.
2. Financial institution management.
3. Auditing.
4. Financial and business economics.
5. Strategic planning for financial projects.
6. Human resource management.
Environmental Impact of the Department of Financial and Banking Sciences
[10/13/2026 8:36 PM] جودة: Environmental Impact of the Department of Financial and Banking Sciences
1. Basra Governorate is experiencing rapid development across various sectors, hosting numerous national and international companies operating in financial and banking services, as well as the oil and gas industries. Graduates of the Department of Financial and Banking Sciences at Shatt Al-Arab University are expected to contribute effectively to environmental protection. This will be supported by faculty members who educate students on sustainability practices and environmental conservation in accordance with international environmental management standards.
2. The departments of the College of Administration and Economics, including the Department of Financial and Banking Sciences, are making efforts to implement ISO 14001 standards concerning environmental guidelines, continuous improvement, and the implementation of environmental management requirements in financial and banking institutions. These efforts contribute to environmental protection. ISO standards are also directly related to supply chain management, which constitutes an important component of management, economics, and accounting curricula.
3. The requirements for programmatic accreditation have been completed across the departments of the College of Administration and Economics at Shatt Al-Arab University as part of the process of obtaining accreditation. Accordingly, the Department of Financial and Banking Sciences will implement all relevant accreditation standards concerning environmental protection and safety. This will significantly strengthen the department’s contribution to environmental conservation.
4. Compliance with legal requirements for environmental protection, in accordance with the directives and procedures of the Ministry of Higher Education and Scientific Research, is a key priority for the Department of Financial and Banking Sciences. The department is committed to supporting environmental protection in Basra Governorate and other Iraqi governorates.
5. Emphasizing the optimal management of financial resources across production and service institutions as part of the teaching process contributes to environmental protection by promoting efficient resource utilization and supporting sustainable practices.
6. Faculty members will be encouraged to conduct research on environmental protection and the implementation of ISO 14001 environmental management standards.
7. The department will organize conferences, seminars, and discussion sessions focusing on environmental protection, sustainability, and environmental management practices.
8. One of the department’s objectives is to promote the adoption and implementation of ISO 14001 standards in oil-sector institutions to support environmental sustainability, reduce pollution, and ensure that financial and banking operations are managed appropriately in accordance with relevant environmental management requirements.
