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Objectives - Program Description

The MBA in Finance and Banking is designed to equip students with advanced knowledge and practical skills in financial management, investment analysis, banking operations, and global financial systems. The program integrates core business principles with specialized training in banking and financial services, preparing graduates for leadership roles in both private and public sectors. Emphasis is placed on ethical decision-making, digital finance trends, and regulatory frameworks in emerging and developed markets.

Learning Outcomes

Graduates of the program will be able to:

  • Analyze financial statements and make data-driven decisions.
  • Manage investment portfolios and assess market risks.
  • Understand and apply banking regulations and compliance standards.
  • Design strategic financial plans and assess capital structure.
  • Apply ethical principles in financial and banking practices.

Program Structure

Duration: 2 years (full-time) or 3–4 years (part-time/online)
Total Credits: 36–42 credit hours
Delivery Mode: Online

Course Structure

Core Business Courses (24 credits)

  1. Managerial Economics – Application of microeconomic tools in business decision-making.
  2. Organizational Behavior and Leadership – Exploration of behavior in organizations and leadership strategies.
  3. Managerial Accounting – Cost control, budgeting, and financial planning.
  4. Marketing Management – Strategic marketing, consumer behavior, and market segmentation.
  5. Strategic Management – Capstone course in business strategy and policy formulation.
  6. Operations and Supply Chain Management – Optimization of processes and value chains.
  7. Business Ethics and Corporate Governance – Ethical frameworks and responsible leadership.
  8. Quantitative Methods for Business Decisions – Statistical tools and decision models.

Specialization: Finance and Banking (24 credits)

  1. Corporate Finance – Capital budgeting, financial analysis, and long-term planning.
  2. Investment Analysis and Portfolio Management – Valuation of securities, risk-return, and asset allocation.
  3. Banking and Financial Institutions – Structure and function of banks and non-bank institutions.
  4. Risk Management and Insurance – Identification and mitigation of financial and operational risks.
  5. International Finance – Foreign exchange, global capital markets, and cross-border investments.
  6. Fintech and Digital Banking – Blockchain, mobile banking, and AI in finance.
  7. Financial Markets and Instruments – Bonds, derivatives, and financial innovation.
  8. Financial Regulation and Compliance – National and international regulatory frameworks.

General Electives (Choose 2 – 6 credits)

  • Real Estate Finance
  • Islamic Finance and Banking
  • Microfinance and Development
  • Behavioral Finance
  • Mergers and Acquisitions

Electives Focused on Financial Markets in Developing Countries (Choose 2 – 6 credits)

  1. Emerging Market Finance (FINC 726)

Course Description:

Explores the structure, challenges, and opportunities of financial markets in emerging economies, with a strong focus on sub-Saharan Africa. Topics include capital flows, sovereign debt, inflationary pressures, and currency volatility.

  1. Development Finance and Inclusive Growth (FINC 727)

Course Description:

Analyzes financial tools for sustainable development, including public-private partnerships, development banks, and impact investing. Emphasis on financial inclusion, rural finance, and infrastructure funding in low-income countries.

  1. Agricultural Finance and Rural Banking (FINC 728)

Course Description:

Focuses on the design and delivery of financial services tailored to the agricultural sector and rural communities. Topics include seasonal lending, crop insurance, and mobile-based rural banking in Africa.

  1. Microfinance and Social Entrepreneurship (FINC 723 – Revised Focus)

Course Description:

Examines the impact of microfinance institutions (MFIs) in poverty alleviation and small business growth. Emphasizes African case studies, including regulatory constraints and innovations in mobile credit delivery.

  1. Informal Financial Systems and Mobile Banking (FINC 729)

Course Description:

Studies the role of informal financial systems (ROSCAs, savings groups) and the rise of digital finance platforms like M-Pesa. Includes analysis of mobile banking’s impact on economic empowerment and market access in Africa.

  1. Public Finance and Fiscal Policy in Developing Economies (ECON 730)

Course Description:

Analyzes how governments in developing countries design tax systems, manage public debt, and finance infrastructure. Special focus on African fiscal strategies and debt sustainability.

Internship / Fieldwork (3 credits)

  • Supervised experience with a bank, financial institution, or fintech firm.

Capstone Project or Thesis (3 credits)

  • Applied research or consultancy project in finance/banking.

Technical Skills Developed

  • Financial modeling (Excel, R, Python)
  • Investment analysis (Bloomberg, Morningstar)
  • Risk assessment and regulatory compliance
  • Data visualization (Tableau, Power BI)
  • Banking operations and reporting tools

Soft Skills Developed

  • Strategic thinking
  • Problem-solving and analytical skills
  • Communication and negotiation
  • Leadership and teamwork
  • Ethical decision-making

Career Opportunities

Graduates can pursue roles such as:

  • Financial Analyst
  • Investment Banker
  • Portfolio Manager
  • Risk Manager
  • Credit Analyst
  • Compliance Officer
  • Corporate Treasurer
  • Fintech Product Manager
  • Commercial/Corporate Banker
  • Central Bank Analyst
  • Wealth Manager
  • Loan Officer

Curriculum

Curriculum

Course Code

Course Title

Course Description

ECON 601

Managerial Economics

Application of economic theory and quantitative tools to business decision-making.

MGMT 602

Organizational Behavior and Leadership

Study of human behavior in organizations with emphasis on leadership, motivation, and team dynamics.

ACCT 603

Managerial Accounting

Analysis and use of accounting data for internal decision-making, planning, and control.

MKTG 604

Marketing Management

Strategic approach to marketing planning, market analysis, and consumer behavior.

MGMT 605

Strategic Management

Capstone course focusing on business strategy formulation and implementation.

OPER 606

Operations and Supply Chain Management

Management of operations, logistics, and value chain processes.

ETHC 607

Business Ethics and Corporate Governance

Ethical issues and governance principles in modern business practices.

STAT 608

Quantitative Methods for Business Decisions

Application of statistical and optimization models to decision-making.

FINC 701

Corporate Finance

Financial decision-making, capital budgeting, and value creation strategies.

FINC 702

Investment Analysis and Portfolio Management

Evaluation of investment opportunities and portfolio strategies.

BANK 703

Banking and Financial Institutions

Structure and operation of banks, credit institutions, and central banking.

FINC 704

Risk Management and Insurance

Principles of risk management and the role of insurance in financial planning.

FINC 705

International Finance

Management of international financial operations and currency exposure.

FINC 706

Fintech and Digital Banking

Technological innovations in financial services, including blockchain and AI.

FINC 707

Financial Markets and Instruments

Analysis of financial instruments, markets, and trading mechanisms.

FINC 708

Financial Regulation and Compliance

Study of regulatory environment and compliance practices in banking and finance.

FINC 721

Real Estate Finance

Financial and investment analysis in real estate markets.

FINC 722

Islamic Finance and Banking

Sharia-compliant financial instruments and banking practices.

FINC 723

Microfinance and Development

Role of microfinance in poverty alleviation and economic development.

FINC 724

Behavioral Finance

Psychological influences on investor behavior and market outcomes.

FINC 725

Mergers and Acquisitions

Strategies and financial analysis involved in corporate restructuring.

 

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