The Department of Financial and Banking Sciences was established and began operations in 2018. It admits students who are graduates of preparatory studies from the scientific (biology and applied), literary, and commercial branches. Graduates are awarded a Bachelor's degree in Financial and Banking Sciences.
The specialization of Financial and Banking Sciences is of paramount importance at the level of Arab and international universities. This specialization is concerned with all matters related to financial and banking sciences at the governmental level and within state agencies, both locally and centrally. The core focus of this specialization is to enhance the efficiency and effectiveness of government bodies and departments, whether those aiming to achieve public good (such as ministries, general directorates, and their branches) or government enterprises (public service and production companies) that rely on self-financing or are profit-oriented. The latter represents a new trend gaining increasing international, regional, academic, and practical attention. Its outputs are considered crucial inputs for organizations, departments, and companies both inside and outside the country. The department fulfills the mission of the university and college by providing students with scientific expertise in the field of financial and banking sciences.