The Best Departments of The School of Commerce … The Faculty of Commerce is one of the most prominent and prestigious faculties in Egyptian universities. The Faculty of Commerce is also the oldest and most efficient in the Middle East and Africa.
Egyptian faculties of commerce have trained elite economic and financial cadres in the Middle East and the world, who have made their distinctive mark in this field, which is the cornerstone of the economic sector.
Egyptian faculties of commerce have not only relied on their distinguished and longstanding legacy, but they have also continuously sought to develop their academic programs at the undergraduate, master’s, and doctoral levels.
This ongoing development, aligned with the standards applied in the most prestigious and successful European and American universities, aims to equip students with the skills to cope with constant changes in this vital field. It also provides them with comprehensive academic knowledge and practical expertise through hands-on training, offered in collaboration with leading companies and economic institutions, in order to fully prepare graduates for integration into the global labor market.
Departments of Schools of Commerce in Egyptian Universities
One of the most prominent features of the Egyptian Commerce Faculty is its inclusion of vital departments that are in high demand in the job market. This goal provides students with opportunities to achieve a prominent position in the regional and international job market. The following are some of the most successful departments:
Business Administration Department
The science of Business Administration focuses on studying the financial and administrative feasibility of productive projects such as factories, farms, and any profit-generating activities. It also examines the financial, marketing, and managerial behavior of a company throughout its lifespan. The discipline involves analyzing the company’s financial activities through its accounting documents and producing financial reports that indicate whether the company is moving towards profit or loss, contraction or expansion, as well as how to implement expansion strategies, overcome obstacles, and ensure success.
Students in this department study subjects such as finance, marketing, human resources, sales, general management, banking, and risk management.
Management Information Systems Department
Students in this department keep pace with the technological developments that are increasingly shaping and demanded by labor markets. The curriculum includes studying programming languages, systems analysis and design, structured programming, and databases, in addition to several business-related courses from the Accounting and Business Administration departments. This specialization is considered one of the best in the Faculty of Commerce today, especially for those with a passion for learning programming, as it is currently among the most in-demand fields in the job market.
Department of Economics and Public Finance
The Department of Economics focuses on the study and teaching of macroeconomics, which deals with national economies, including currency, trade exchange, balance of payments, foreign trade, supply and demand, market interactions, goods and consumers, mathematical economics, and economic phenomena such as inflation, recession, and the depreciation of local currency against foreign currencies and its causes. This branch of economics is therefore called macroeconomics.
The department also covers microeconomics, which studies local markets, companies, productive farms, consumer and product characteristics such as elasticity of demand, supply and demand curves, purchasing power, and the factors of production (land, labor, and capital). It also examines production cycles, statistics, and econometrics. This field is therefore called microeconomics.
The department plays a vital role in national planning and management bodies, as well as in statistical institutions that publish economic and financial data, such as the World Bank, the International Monetary Fund, Ministries of Finance, Central Banks, national statistical agencies, and economic and financial research centers in newspapers and media outlets.
Students in this department study courses such as Principles of Microeconomics, Principles of Macroeconomics, Economic Resources, Macroeconomic Theory, Monetary and Banking Economics, International Trade Economics, and Contemporary Economic Issues.
Department of Statistics, Mathematics, and Insurance
This department focuses on risk management, commercial insurance, reinsurance, cooperative insurance, social insurance, and pensions, as well as training students to work as insurance brokers. Its mission is to prepare well-qualified graduates capable of working in various institutions in the fields of risk management, commercial insurance and reinsurance, cooperative insurance, social insurance, pension schemes, and insurance brokerage.
Department of Accounting
This department is responsible for auditing the financial claims of institutions and ensuring that they meet all legal and financial requirements. It also prepares, organizes, and documents disbursement records, follows up on their auditing, and approves them for payment by the relevant regulatory authorities. In addition, it monitors current and capital expenditures in line with the monthly financial position of budget items, prepares financial statements and monthly summaries, and organizes and prepares annual final accounts.
The department also covers the preparation of accounting entries, the recording of financial transactions in institutional and organizational ledgers, the auditing of bank accounts, and the preparation of necessary reconciliations with monthly statements. It emphasizes the development of accounting methods and procedures, keeping pace with scientific and technological advancements in the field, as well as the preparation and preservation of specialized documents and reports in the areas of expenditure and revenue accounting within dedicated databases.
Students in this department study Financial Accounting, Managerial Accounting, Cost Accounting, and Tax Accounting.
When reviewing the various departments of the Faculty of Commerce, it becomes clear that each one holds its own significance and meets the needs of both regional and international labor markets. Thus, determining the “best” department in the Faculty of Commerce ultimately depends on the student’s skills and preferences.
However, a student’s professional future is also closely tied to the place of study. It is essential to pursue studies at a university that is regionally and internationally recognized, offering a high-quality education and a degree with substantial regional and global credibility, supporting graduates in accessing opportunities in the global labor market.
Additional and Important Features in Egyptian Schools Commerce
Egyptian universities offer significant advantages that make international students choose them as a superior option in several respects, enabling them to be on par with European and American universities. Among the most prominent of these advantages are those of Egyptian colleges of commerce:
Academic accreditation fully equivalent to European and American certificates
It is listed in all international university rankings, including QS, Times, Leiden, Shanghai, and US News, and is also registered under the UNESCO international agreement, treated exactly like the largest European and American universities.
Accordingly, Egyptian universities offer academic degrees fully equivalent in global and regional labor markets to those granted by the top universities in Europe and the United States. They also provide the same level of education as those institutions by adopting an educational strategy based on delivering academic and applied curricula in an integrated, comprehensive, and detailed manner.
Reasonable Tuition Fees Compared to Great Academic Value
A student in Egyptian universities bears costs that are almost symbolic compared to the expenses of the same programs at the same global academic level and with the same international value of the degree. The international student pays a one-time enrollment fee of only 1,500 USD in the first academic year, with annual tuition fees of only 3,000 USD for the first academic year and 4,500 USD for postgraduate studies.
The Best Egyptian Business Schools
- Faculty of Commerce, Cairo University.
- Faculty of Commerce, Ain Shams University.
- Faculty of Commerce, Alexandria University.
- Faculty of Commerce, Helwan University.
- Faculty of Commerce, Mansoura University.
- Faculty of Commerce, Zagazig University.
- Faculty of Commerce, Assiut University.
- Faculty of Commerce, Tanta University.
