The economy of Saudi Arabia along with its financial markets has experienced a tremendous growth since the beginning of the twenty first century. This growth in size needed a matched growth in specialized human resources and new ideas and researches in finance. The department of finance at King Saud University (KSU) was founded in late 2006 to meet such demands and challenges. The establishment of the department was a result of a restructuring of the College of Business Administration. The department, however, has its own roots in the old college since 1993. Back then, Finance was a track in the Department of Business Administration.
Now, and as a separate academic entity, Finance Department offers a wide range of services and degrees at both undergraduate and graduate levels. At the undergraduate level, Finance students have the opportunity to choose and study courses in one of three specialized tracks: Investment, Banking, or Insurance. At the graduate level, finance is available as a track in the MBA program and as a major in the Doctoral program. In the research front, faculty are encouraged to write and publish high quality works. This is done by providing them with adequate research funds and access to important global and local databases. In addition, the department is active in serving the public by holding public seminars, workshops, and awareness programs in the media.