Mountains of the Moon University

Introduction

The financial sector in Uganda in recent years has grown rapidly as indicated by the many commercial banks, microfinance institutions, insurance companies and financial cooperatives. This perspective of growth is projected to require a large number of skilled and professional manpower in the financial.  According to AMFIU (2008) the bulk of the financial service providers in Uganda are unregulated and do lack skilled manpower and appropriate tools to develop financial products which meet the rural client’s needs. Also in spite of a relatively well developed formal financial sector of banks and a well advanced regulatory system, structural weaknesses and sector outreach depth remains the behind the level of other East African countries, DED (2009). This three year six-semester Bachelor of Banking and Development Finance (BBDF) course is shaped in an interdisciplinary framework incorporating concepts and skills from development economics, accounting, banking, microfinance and cooperatives, marketing, management etc. After completion of this study, the graduates will be competent to be absorbed in financial institutions as skilled, efficient and professional manpower.

Course Objectives

The overall aim of the program is provide the students with knowledge, skills and understanding of banking and development finance especially how finance interfaces with other aspects of economics to impact on economic development of a country.

Course Duration

The course is conducted both on fulltime (day) and the weekend in order to cater for those who not manage the fulltime arrangement. The entire period of study for the program is three years. Each academic year comprises of two semesters of seventeen weeks each, fifteen weeks dedicated to study and the last two weeks dedicated to examinations.

Course Structure

Admission Requirements

Applicants must fulfill the following requirements to join the program:

• Sat U.C.E examination (or equivalent) and obtained a certificate in it.
  
  
• A Uganda Advanced Certificate of Education with at least two principle passes with an average point of 3.0 or more in Arts (Fine Art is excluded) subjects or its equivalent.
  
  
• Hold a 1st or 2nd class Diploma or its equivalent in a related field from a recognized institution.

Career Prospects for Graduates

As there is an increasing demand for well-qualified human resource to run financial sectors of the country, graduates of BBDF have ample opportunities to be a part of financial, insurance, banking and microfinance and cooperative sector. The course also provides a foundation for those interested in furthering their studies in economics and finance.