WPCS 2.1.2
Tuition Fees:$645 /year
Applications Begin:June 2021
Final Award:Bachelor of Banking and Finance
Start Date:October 2021
Academic Unit:Faculty of Accounting Banking and Finance
Campus:Main Campus
Application Deadline: September 2021
Programme Overview

This qualification is designed to produce competent personnel who will be able to apply knowledge and skills of banking and finance principles, in banking and financial services industries.

Programme Objectives
The holder of this qualification will be able to;
i. Evaluate risks and uncertainty as applied in banking and financial services industry and execute the principles and techniques of risk and treasury management.
ii. Plan and allocate resources for effective management of the functions of banks and other financial institutions.
iii. Responsibly perform his/her professional duties in an ethical manner.
iv. Evaluate and execute principles and techniques of international finance and banking operations, strategic planning and management.


First Semester:
– Communication Skills
– Business Law I
– Business Mathematics
– Development Studies
– Micro Economics
– Principles of Accounting

Second Semester:
– Principles of Banking
– Descriptive Statistics for Business
– Introduction to Computers
– Macro Economics
– Introduction to Financial Accounting
– Principles of Management
– Fieldwork

First Semester:
– Banking Operations
– Corporate Finance
– International Trade Finance
– Law Related to Banking
– Marketing of Financial Services
– Managerial Economics (Elective)
– Islamic Banking (Elective)
– Investment Analysis and Capital Markets (Elective)

Second Semester:
– Credit and Lending Decisions
– International Banking and Finance
– Bank Management
– Entrepreneurship
– Research Methodology
– Field work
– Financial Reporting (Elective)
– Business Statistics II
– Lease Financing (Elective)

First Semester:
– Corporate Governance
– International Finance
– Risk Management
– Financial Markets and Institutions
– Money and Banking
– Electronic Business (Elective)
– Strategic Management (Elective)
– Property and Pecuniary Insurance (Elective)

Second Semester:
– Bancassurance
– Financial Analysis and Project Management
– Treasury Management
– Microfinance
– Public Finance (Elective)
– Microinsurance (Elective)
– Social Protection Financing (Elective)

Admission Requirements

Direct Entry:
Two principal passes. Those without a principal pass or subsidiary pass in Mathematics must have a credit at O- level.

Equivalent qualification:
Diploma in Accounting, Business Administration, Procurement and Supplies Management, Tax Administration, Economics or Banking and Finance with an average of “B” or GPA of 3.0, with at least four passes (excluding religious subjects) at O-level.

Application Process
Application Fees for Tanzanian Students: $4
Application Fees for International Students: $4

Applicants wishing to have themselves enrolled in the Institute of Finance Management Tanzania, should take note of the following:
1. All applications and recommendations must be submitted via an online application system.
2. Each applicant is responsible for ensuring his/her application is complete and correct.
3. No online application will be successful if a non-refundable fee has not been paid.

4. IFM will not consider any additional materials or changes once an application has been submitted. However an applicant can ask for amendment of online submitted materials after announcement has been made and new round of online application has been allowed.
5. The completed application becomes the confidential property of IFM and is not returnable
6. Applicants are responsible for ensuring that all the information and accompanying material provided in connection with their application is authentic and accurate
7. The Institute may at any time require applicants to provide satisfactory verification of the information and documents submitted as part of the application. If an applicant is unable to do so, the Institute reserves the right to cease consideration of the application, to withdraw any offer of admission already made, and/or to terminate one’s status as a student
8. Applicants assume all costs for authenticating and verifying documents and information associated with their application
9. All applicants previously admitted but did not register in the admitted year, are required to re-submit a new completed online application
10. Once an application is submitted, the Institute reserves the right to request additional information from the applicant, including, but not limited to, an interview

11. All applicants who have been invited for an interview must fulfil the request in order to complete the application process
12. Communication for admission will be done to applicants who meet the admission requirements.
Career Opportunities

Career Opportunities for Bachelor of Banking and Finance include:
– Foreign Exchange Trader/Processor
– Financial Analyst
– Account Executive
– Senior Credit Appraiser
– Cash Position Analyst
– Insurance Broker/Agent
– Money Market and Securities Trader
– Credit and Loan Analyst

Tuition Fees Details
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Tuition Fees for Tanzanian Students: $645
Tuition Fees for International Students: $1,494

Tuition Fee per year for Tanzanian Students = 1,500,000 TZS
Tuition Fee per year for International Students = 3,472,800 TZS

The Institute of Finance Management (IFM) has made arrangement for instalment payment to ease the financial burden on its students. If one is unable to pay the amounts above at once, he or she can do it in two instalments:
**First Instalment = 60 percent
**Second Instalment = 40 percent

Relevant Contact

Bupe J. Mwakyusa
Head, Department of Banking and Financial Services
Admissions Office
Responsible for Admissions Enquiries