Master of Business Management and Finance Courses in Saudi Arabia

Checkout the Master of Business Management and Finance Courses in Saudi Arabia....

Standyou Team
Standyou Team

Mar 28, 2025 02:17:59

Top Business Management and Finance Courses in Saudi Arabia for International Students


1. King Fahd University of Petroleum and Minerals (KFUPM) – Dhahran

Programs:

  • MBA (Master of Business Administration)

  • MSc in Finance

  • Executive MBA

Highlights:

  • AACSB-accredited

  • Focus on energy sector finance and management

  • Highly ranked in the region


2. King Saud University (KSU) – Riyadh

Programs:

  • Bachelor and Master’s in Business Administration

  • Master of Finance

  • PhD in Business

Highlights:

  • One of the oldest and most prestigious universities in Saudi Arabia

  • Strong research focus

  • Courses taught in English for many graduate programs


3. Prince Sultan University (PSU) – Riyadh

Programs:

  • Bachelor of Business Administration

  • MBA

  • MSc in Finance

Highlights:

  • English-medium instruction

  • International faculty

  • Strong emphasis on business ethics and entrepreneurship


4. Alfaisal University – Riyadh

Programs:

  • Bachelor of Business Administration (BBA)

  • MBA

  • Specialized business certificates

Highlights:

  • Partnered with international institutions

  • Business school is AACSB-accredited

  • Research and case-based learning


5. Effat University – Jeddah (for female students)

Programs:

  • BSc in Finance

  • MBA

  • Executive Education Programs

Highlights:

  • Women-focused education

  • International collaborations with institutions like Syracuse University

  • Courses in English


6. King Abdullah University of Science and Technology (KAUST) – Thuwal

Relevant Program:

  • While KAUST is more STEM-focused, its Innovation & Entrepreneurship Center offers business-related programs and startup incubators for finance/tech students.

Highlights:

  • Highly international student body

  • State-of-the-art campus

  • Focus on tech-based entrepreneurship and finance


7. Dar Al-Hekma University – Jeddah (women only)

Programs:

  • BSc in Banking & Finance

  • MBA with specializations

Highlights:

  • American curriculum influence

  • Business partnerships for internships

  • Courses taught in English
     

Universities in Saudi Arabia


Business Management  and Finance Universities in Saudi Arabia for International Students


1. King Fahd University of Petroleum and Minerals (KFUPM) – Dhahran

  • Programs: MBA, MSc in Finance, Executive MBA

  • Language: English

  • Why it stands out: Highly ranked, strong ties with the energy and finance sectors, research-focused, international collaborations


2. King Saud University (KSU) – Riyadh

  • Programs: BBA, MBA, MSc in Finance, PhD in Business

  • Language: Many graduate programs in English

  • Why it stands out: One of the oldest and most respected universities in the Kingdom, with a global reputation


3. Prince Sultan University (PSU) – Riyadh

  • Programs: BBA, MBA, MSc in Finance

  • Language: English

  • Why it stands out: Private, internationally oriented, AACSB-accredited, modern campus and business curriculum


4. Alfaisal University – Riyadh

  • Programs: BBA, MBA, Finance Specializations

  • Language: English

  • Why it stands out: International partnerships, business-focused programs with real-world experience


5. Effat University (Women Only) – Jeddah

  • Programs: BSc in Finance, MBA

  • Language: English

  • Why it stands out: Strong women’s university with international academic links, internship programs, and study abroad options


6. King Abdulaziz University (KAU) – Jeddah

  • Programs: BBA, MBA, MSc in Finance, PhD programs

  • Language: English in most graduate programs

  • Why it stands out: Large public university with wide program offerings and international student support


7. Dar Al-Hekma University (Women Only) – Jeddah

  • Programs: BSc in Banking & Finance, MBA

  • Language: English

  • Why it stands out: U.S.-style curriculum, emphasis on leadership and entrepreneurship, women’s empowerment


8. Islamic University of Madinah – Madinah

  • Programs: Business Administration, Islamic Finance

  • Language: Arabic and some programs in English

  • Why it stands out: Tuition-free for international students, focus on Islamic values and economics


9. King Abdullah University of Science and Technology (KAUST) – Thuwal

  • Programs: Not a traditional business school, but offers entrepreneurship, innovation, and financial tech incubators

  • Language: English

  • Why it stands out: Fully international, graduate-only, research and startup focused


10. University of Business and Technology (UBT) – Jeddah

  • Programs: BBA, MBA, Finance and Marketing concentrations

  • Language: English

  • Why it stands out: Private business university with strong industry ties, modern curriculum


 What Makes These Good for International Students?

  • Programs offered in English

  • International faculty

  • Multicultural campuses

  • Scholarships and tuition waivers in some universities

  • Business schools with AACSB or international accreditations
     

Business, Management & Economics in Saudi Arabia


Best Business Schools in Saudi Arabia


1. King Fahd University of Petroleum and Minerals (KFUPM) Business School – Dhahran

  • Highlights:

    • AACSB-accredited

    • Top-ranked in the region

    • Strong focus on finance, leadership, and energy economics

    • Offers MBA, Executive MBA, and MSc programs


2. Prince Sultan University – College of Business Administration (CBA) – Riyadh

  • Highlights:

    • First private university in Saudi Arabia

    • Fully AACSB-accredited

    • Strong English-medium business programs

    • Specializations: Marketing, Finance, Accounting, Supply Chain


3. Alfaisal University – College of Business – Riyadh

  • Highlights:

    • English-taught programs

    • Strong links with international institutions

    • Offers BBA, MBA, and executive education

    • Emphasis on entrepreneurship, leadership, and innovation


4. King Saud University – College of Business Administration – Riyadh

  • Highlights:

    • Public university with global rankings

    • Offers BBA, MBA, MSc, and PhD

    • English instruction for many graduate programs

    • Strong research and industry integration


5. King Abdulaziz University – Faculty of Economics and Administration – Jeddah

  • Highlights:

    • One of the largest and oldest business faculties in Saudi Arabia

    • Programs in English & Arabic

    • Offers MBA, Master’s in Finance, and doctoral programs

    • Focus on international business and public sector leadership


6. University of Business and Technology (UBT) – College of Business Administration (CBA) – Jeddah

  • Highlights:

    • Business-focused private university

    • Strong ties to the private sector and job market

    • Offers specialized BBA and MBA programs

    • Industry-driven curriculum


7. Effat University – College of Business (Women Only) – Jeddah

  • Highlights:

    • Female-focused private university

    • Offers BSc in Finance, Marketing, HRM, and MBA

    • Ties with U.S. universities and programs taught in English


8. Dar Al-Hekma University – School of Business and Law (Women Only) – Jeddah

  • Highlights:

    • Offers American-style business education

    • BSc in Banking & Finance, Marketing, Management

    • MBA and Executive MBA programs

    • English-medium instruction


What Sets These Schools Apart:

  • AACSB Accreditation – International gold standard in business education (KFUPM, PSU, Alfaisal)

  • English-taught programs

  • Corporate partnerships and internship opportunities

  • Entrepreneurship centers and startup incubators

  • Modern curriculum with local and global relevance
     

MBA in Saudi Arabia


Scholarship to Study Business Management  and Finance in Saudi Arabia


 1. King Abdullah Scholarship Program (KASP)

  • For: International and Saudi students

  • Covers: Full tuition, monthly stipend, accommodation, travel, medical insurance

  • Eligible Universities: Multiple top universities in Saudi Arabia (like KSU, KAUST, KFUPM)

  • Fields: Includes Business Administration, Finance, Economics


 2. King Fahd University of Petroleum and Minerals (KFUPM) Scholarships

  • For: International Master's & PhD students

  • Programs: MBA, MSc in Finance, Executive MBA

  • Covers: Full tuition, monthly stipend, free housing, health care, airfare

  • Competitive: Yes, but open to international students with strong academic background


 3. King Saud University (KSU) Scholarships

  • For: International students (Bachelor’s, Master’s, and PhD)

  • Programs: Business, Finance, Economics, Management

  • Covers: Monthly stipend, accommodation, tuition, visa fees

  • Application tip: Apply through the university's international student portal


 4. Islamic University of Madinah Scholarships

  • For: Male international students (Undergraduate level)

  • Programs: Business Administration, Islamic Finance

  • Covers: Full tuition, free housing, monthly allowance, airfare

  • Note: Some programs are taught in Arabic; basic Arabic proficiency may be required


 5. KAUST Graduate Fellowship (King Abdullah University of Science and Technology)

  • For: Graduate students (MS/PhD)

  • Programs: Not pure business, but innovation, entrepreneurship, and tech-finance

  • Covers: Full tuition, monthly living allowance (up to 3,000 USD), housing, health, and travel


 6. Alfaisal University Scholarships

  • For: International and local students (Bachelor’s & Master’s)

  • Programs: BBA, MBA, Finance

  • Types: Merit-based, need-based, and external funding support

  • Coverage: Partial to full tuition waivers


 7. Prince Sultan University (PSU) Scholarships

  • For: Outstanding international students

  • Programs: BBA, Finance, Accounting, MBA

  • Covers: Tuition discounts or full tuition for top achievers

  • Note: Based on GPA and English proficiency


‍ 8. Effat University & Dar Al-Hekma (Women Only)

  • Scholarships: Merit-based and need-based for international female students

  • Programs: BSc in Finance, MBA, Management

  • Coverage: Partial to full tuition; limited number of spots


 Basic Requirements for Most Scholarships

  • Academic transcripts (with strong GPA)

  • English proficiency (IELTS/TOEFL)

  • Recommendation letters

  • Statement of purpose or motivation letter

  • Valid passport

  • Some require an entrance test or interview
     

Master of Economics Courses and Universities in Saudi Arabia


Bachelor in Business Management  and Finance Courses in Saudi Arabia


 1. Prince Sultan University (PSU) – Riyadh

  • Degrees Offered:

    • BSc in Finance

    • BSc in Accounting

    • BSc in Marketing

    • BSc in Aviation & Management

  • Language: English

  • Why Choose It: AACSB-accredited, modern curriculum, strong industry ties, international student-friendly


 2. King Saud University (KSU) – Riyadh

  • Degrees Offered:

    • Bachelor in Business Administration (BBA)

    • Bachelor in Finance

    • Bachelor in Economics

  • Language: Mostly Arabic at the undergraduate level, but some English-track options

  • Why Choose It: Prestigious public university, strong academic reputation, some scholarships available


 3. Alfaisal University – Riyadh

  • Degrees Offered:

    • BBA with concentrations in Finance, Marketing, HR, Accounting

  • Language: English

  • Why Choose It: International partnerships, small class sizes, career-focused curriculum


 4. University of Business and Technology (UBT) – Jeddah

  • Degrees Offered:

    • BBA in Finance

    • BBA in Marketing, HR, MIS, Accounting

  • Language: English

  • Why Choose It: Practical, career-oriented programs, internships included, open to international students


‍ 5. Effat University (Women Only) – Jeddah

  • Degrees Offered:

    • BSc in Finance

    • BSc in Marketing

    • BSc in HR Management

  • Language: English

  • Why Choose It: International faculty, U.S.-style curriculum, strong leadership development focus


‍ 6. Dar Al-Hekma University (Women Only) – Jeddah

  • Degrees Offered:

    • BSc in Banking & Finance

    • BSc in Marketing

    • BSc in Management Information Systems

  • Language: English

  • Why Choose It: American-style education, business and tech blend, strong alum network


 7. Islamic University of Madinah – Madinah (Men Only)

  • Degrees Offered:

    • BSc in Business Administration

    • BSc in Islamic Economics/Finance

  • Language: Some English, some Arabic

  • Why Choose It: Fully funded scholarships for international students, tuition-free, housing and stipend included


 What You’ll Typically Study:

  • Core Courses: Accounting, Marketing, Management, Micro/Macroeconomics, Business Law

  • Specializations: Finance, HR, Entrepreneurship, Supply Chain, International Business

  • Extras: Internships, Capstone projects, Business simulations, Case studies


 Admission Requirements (Generally):

  • High school certificate (with equivalency if from abroad)

  • English proficiency (IELTS/TOEFL)

  • Passport copy

  • Personal statement or interview (sometimes)

  • Some universities require placement or aptitude tests


Master in Business Management  and Finance Courses in Saudi Arabia


 1. King Fahd University of Petroleum and Minerals (KFUPM) – Dhahran

  • Programs Offered:

    • MBA (General)

    • MSc in Finance

    • Executive MBA

  • Language: English

  • Key Highlights:

    • AACSB-accredited

    • Strong focus on energy, finance, and leadership

    • Excellent funding opportunities (full scholarships available)

    • International student-friendly


 2. King Saud University (KSU) – Riyadh

  • Programs Offered:

    • MBA

    • MSc in Finance

    • MSc in Accounting, Economics

  • Language: English (graduate-level)

  • Key Highlights:

    • Public university with global recognition

    • Competitive admission

    • Affordable tuition and scholarship options


 3. Prince Sultan University (PSU) – Riyadh

  • Programs Offered:

    • MBA (with specializations)

    • MSc in Finance

  • Language: English

  • Key Highlights:

    • Internationally focused business curriculum

    • Modern learning approach

    • AACSB-accredited

    • Great for working professionals


 4. Alfaisal University – Riyadh

  • Programs Offered:

    • MBA (with electives in Finance, Management, Entrepreneurship)

  • Language: English

  • Key Highlights:

    • Private, research-based university

    • Business and healthcare management tracks

    • Flexible class times for professionals


‍ 5. Effat University (Women Only) – Jeddah

  • Programs Offered:

    • MBA

    • Master in Finance (under development in some years)

  • Language: English

  • Key Highlights:

    • U.S.-style graduate education

    • Focus on leadership and innovation

    • Female-led environment with international opportunities


‍ 6. Dar Al-Hekma University (Women Only) – Jeddah

  • Programs Offered:

    • MBA (with specializations in Finance, HR, Marketing)

  • Language: English

  • Key Highlights:

    • American-accredited curriculum

    • Executive and traditional MBA paths

    • Strong corporate internship and alumni network


 7. King Abdulaziz University (KAU) – Jeddah

  • Programs Offered:

    • MBA

    • MSc in Finance, Accounting, Public Administration

  • Language: English (some programs)

  • Key Highlights:

    • Government-funded

    • Broad course selection

    • Some scholarships for international students


 8. Islamic University of Madinah – Madinah

  • Programs Offered:

    • Master in Islamic Economics & Finance

  • Language: Primarily Arabic (some support for English speakers)

  • Key Highlights:

    • Fully funded programs for international students

    • Focus on Islamic finance and ethical business models


 Program Structure

  • Core Courses: Strategy, Leadership, Financial Management, Marketing, Accounting

  • Specializations: Investment, Islamic Finance, HR, Supply Chain, International Business

  • Capstone/Thesis or Internship required


 General Admission Requirements

  • Bachelor’s degree in Business or related field

  • Minimum GPA (usually 2.75/4.0 or higher)

  • English proficiency: IELTS or TOEFL

  • Recommendation letters

  • Statement of Purpose / Personal Essay

  • Some universities require GMAT/GRE (optional at many)


 Funding & Scholarships

  • KFUPM: Full scholarships (tuition + stipend + housing)

  • KSU, KAU: Funded slots for international students

  • PSU & Alfaisal: Merit-based partial scholarships

  • Effat & Dar Al-Hekma: Need and merit-based tuition support for female students 


PhD in Business Management and Finance Courses in Saudi Arabia


 1. King Saud University (KSU) – Riyadh

  • Programs Offered:

    • PhD in Business Administration

    • PhD in Finance

    • PhD in Accounting

    • PhD in Economics

  • Language: Primarily Arabic, but some programs or components (especially research) may be done in English

  • Key Highlights:

    • Prestigious public university with strong research culture

    • Open to international students (requires Arabic or TOEFL/IELTS)

    • Research-focused curriculum with academic and industry alignment


 2. King Abdulaziz University (KAU) – Jeddah

  • Programs Offered:

    • PhD in Business Administration

    • PhD in Public Administration

    • PhD in Economics and Islamic Finance

  • Language: Arabic (with some English-language research allowed depending on advisor)

  • Key Highlights:

    • Government-funded seats available for international students

    • Strong online and part-time options for professionals

    • Competitive entry, requires thesis-based Master’s degree


 3. Imam Mohammad Ibn Saud Islamic University – Riyadh

  • Programs Offered:

    • PhD in Management

    • PhD in Economics & Islamic Banking

  • Language: Arabic (some coursework or thesis components may be supported in English)

  • Key Highlights:

    • Special focus on Islamic finance and ethical management

    • Good for those combining Shariah-based economic systems with modern management


 4. Islamic University of Madinah – Madinah (Men Only)

  • Programs Offered:

    • PhD in Islamic Economics

  • Language: Arabic

  • Key Highlights:

    • Fully funded

    • Unique focus on Islamic finance and moral economics

    • Research-based with strong cultural context


 5. University of Business and Technology (UBT) – Jeddah

  • Status: UBT is in the process of expanding postgraduate programs and is expected to launch doctoral programs in Business/Finance in the near future.

  • Language: English

  • Why Watch It: UBT is business-focused with growing international reputation and private sector ties


 Typical PhD Focus Areas

  • Strategic Management

  • Corporate Finance

  • Islamic Banking & Finance

  • Organizational Behavior

  • Financial Markets

  • International Business

  • Leadership & HRM

  • Entrepreneurship & Innovation


 General Admission Requirements

  • Master’s degree (preferably thesis-based) in a related field

  • Minimum GPA (usually 3.0/4.0 or equivalent)

  • Research proposal or Statement of Purpose

  • TOEFL/IELTS (for English programs)

  • Arabic proficiency (for Arabic-taught programs)

  • Academic CV and letters of recommendation

  • Interview or entrance exam (depending on the university)


 Scholarships and Funding

  • KAU & KSU: Government-funded slots available (covering tuition, monthly stipend, housing)

  • Islamic University of Madinah: Fully funded for international male students

  • External sponsors: Ministries, SABIC, Aramco, and other organizations may fund qualified Saudi and expat students


 Career Paths After a PhD

  • University Lecturer or Professor

  • Senior Economist or Policy Advisor

  • Research Consultant

  • Executive Leadership Roles

  • Think Tanks & Financial Institutions


Eligibility Criteria for Business Management and Finance Course Program in Saudi Arabia


 1. Bachelor's Degree in Business / Finance

 Eligibility Requirements:

  • High School Certificate (equivalent to the Saudi curriculum or international standard like IB, IGCSE, etc.)

  • Minimum GPA: Usually 70% or higher (varies by university)

  • English Proficiency:

    • TOEFL iBT: Typically 60–80+

    • IELTS: 5.0–6.0
      (waived in some universities if your high school was English-medium)

  • Passport & Visa Eligibility

  • Other Documents:

    • Recommendation letter (optional)

    • Personal statement (sometimes required)

    • Medical clearance

Additional Notes:

  • Some universities (e.g., Prince Sultan, Alfaisal) conduct online interviews.

  • Public universities may require Arabic language for some undergrad programs (especially KSU and KAU), but many private universities teach in English.


 2. Master’s Degree in Business / Finance (MBA, MSc)

 Eligibility Requirements:

  • Bachelor’s Degree in Business, Finance, Economics, or a related field

  • Minimum GPA: Usually 2.75–3.0 / 4.0 or equivalent

  • English Proficiency:

    • IELTS: 6.0–6.5

    • TOEFL iBT: 70–90

  • Work Experience:

    • Not always required, but preferred for MBA (1–2 years)

  • Additional Documents:

    • CV / Resume

    • Letters of Recommendation

    • Statement of Purpose

    • Valid Passport

    • Entrance exam (some programs may require GMAT/GRE but often waived)


 3. PhD in Business / Finance

 Eligibility Requirements:

  • Master’s Degree in Business, Finance, Economics, or related field (preferably with a thesis)

  • Minimum GPA: Often 3.0 / 4.0 or higher

  • Research Proposal or Statement of Research Interest

  • English Proficiency:

    • IELTS: 6.5–7.0

    • TOEFL iBT: 80–100

  • Arabic Proficiency: May be required if program is Arabic-based (e.g., KSU, KAU)

  • Letters of Recommendation

  • Academic CV

  • Interview and/or Entrance Exam


 General Requirements for International Students (All Levels):

  • Valid passport

  • Medical fitness certificate

  • Proof of financial ability or scholarship

  • Student visa (sponsored by the university or through Saudi Ministry of Education)

  • Age limit may apply for scholarships (especially undergrad & Master’s)

  • Some public universities require certified translation of documents into Arabic


Universities Offering English-Taught Business Programs:

  • Prince Sultan University

  • Alfaisal University

  • Effat University (Women)

  • Dar Al-Hekma University (Women)

  • KFUPM

  • University of Business and Technology (UBT)


Intakes & Application Deadlines Business Management and Finance Course in Saudi Arabia


 Main Intakes:

  1. Fall Intake (Primary):

    • Starts: August–September

    • Application Deadline: March to May (sometimes early June)

    • Most popular intake for both local and international students.

  2. Spring Intake (Limited – Some Private Universities Only):

    • Starts: January–February

    • Application Deadline: September to November

    • Available at selected universities (e.g., PSU, Alfaisal, UBT)


 Bachelor’s Programs (BBA, Finance) – Intakes & Deadlines

University

Intakes

Application Deadlines

Prince Sultan University

Fall & Spring

May (Fall) / Oct (Spring)

Alfaisal University

Fall & Spring

May (Fall) / Nov (Spring)

UBT – Jeddah

Fall & Spring

Rolling, but July preferred

King Saud University

Fall only

March–April

Effat University (Women)

Fall & Spring

June (Fall) / Nov (Spring)

Dar Al-Hekma (Women)

Fall & Spring

Rolling (priority by May/Nov)


 Master’s Programs (MBA, MSc in Finance) – Intakes & Deadlines

University

Intakes

Application Deadlines

KFUPM

Fall & Spring

Feb (Fall), Sep (Spring)

Prince Sultan University

Fall & Spring

May (Fall), Oct (Spring)

Alfaisal University

Fall & Spring

May (Fall), Nov (Spring)

King Saud University

Fall only

Jan–March

Effat University (Women)

Fall & Spring

April–May / Oct–Nov

Dar Al-Hekma (Women)

Fall & Spring

Rolling (apply early)


 PhD Programs – Intakes & Deadlines

University

Intakes

Application Deadlines

King Saud University

Fall only

Jan–Mar

King Abdulaziz University

Fall only

Jan–Apr

Islamic University Madinah

Fall only

Jan–Mar (Men only)


 Documents to Prepare Before Deadlines

  • Academic transcripts (official)

  • Passport copy

  • English test scores (IELTS/TOEFL)

  • Statement of Purpose or Essay

  • Recommendation Letters

  • Resume/CV (for Master's and PhD)

  • Research proposal (for PhD)

  • Financial proof (or scholarship documents)


Fees for Business Management and Finance Courses in Saudi Arabia


 1. Bachelor’s Degree – Estimated Annual Tuition Fees

University

Program

Annual Tuition (USD)

Prince Sultan University

BBA / Finance

$10,000 – $13,000

Alfaisal University

BBA (with specializations)

$14,000 – $17,000

University of Business & Technology (UBT)

BBA

$9,000 – $11,000

Effat University (Women)

Finance / Business

$9,000 – $11,000

Dar Al-Hekma (Women)

Finance / Management

$9,500 – $12,000

King Saud University (KSU)

Public University

Free or very low (~$500, limited spots for intl. students)

Islamic University of Madinah

Business Admin / Islamic Finance

Fully Funded (includes housing and stipend)


 2. Master’s Degree (MBA, MSc in Finance)

University

Program

Total Tuition (USD)

KFUPM (MBA, MSc Finance)

Research-based, STEM-style

Free (scholarships include stipend & housing)

Prince Sultan University

MBA / MSc Finance

$16,000 – $20,000

Alfaisal University

MBA

$22,000 – $25,000

Effat University (Women)

MBA

$12,000 – $14,000

Dar Al-Hekma (Women)

MBA

$14,000 – $17,000

King Saud University

MBA / MSc Finance

Low Cost or Free (limited to selected international students)


 3. PhD in Business / Finance

University

Program

Tuition (USD)

King Saud University

PhD in Business / Finance

Free (for admitted students)

King Abdulaziz University

PhD in Business

Fully Funded (for international students)

Islamic University of Madinah

Islamic Economics / Finance

Fully Funded (Men only)

Private Universities (e.g., UBT, Alfaisal - in future)

TBD

Estimated: $18,000–$25,000 (when available)


 What’s Usually Included in Tuition

  • Classroom instruction

  • Library & campus access

  • Career services

  • Not typically included:

    • Housing (unless specified)

    • Health insurance

    • Student visa & travel

    • Books and materials


 Scholarships Can Cover:

  • 100% tuition waiver

  • Monthly stipend

  • Free housing or accommodation allowance

  • Roundtrip airfare

  • Medical insurance