FACULTY OF BUSINESS AND MANAGEMENT SCIENCES (FBMS)
The FBMS was established in the academic year 2012/2013. It started as a department in the Faculty of Arts and Social Sciences. Since its inception, the Faculty has built a strong teaching, research and consultation profile.
The FBMS has two departments that are competent in teaching, research, publication and consultation: the Department of Accounting and Finance and the Department of Management Sciences and Procurement.
Furthermore, the Faculty has three units that deal with research and publications, field and practical studies, and entrepreneurial and consultancy.
The goal of the Faculty is to impart quality practical entrepreneurial and management skills that can be used to make a difference in the real world.
Faculty Vision
“Dream, Learn, Do, Achieve.”
Faculty Vision
To be an academic centre of preferred choice in the provision of Business Studies in Tanzania
Faculty Mission
To provide to students and community at large an innovative and competence-based business education that raises competent and ethical leaders with relevant labour market and self-employment skills. Knowledge and competencies through teaching, research and community outreach, to cope with the changing business environment.
Faculty Core Values
Professionism
Academic excellence
Academic freedom
Result oriented
Innovation and creativity
Moral integrity
DEPARTMENTS
1. Department of Management Sciences and Procurement
The department of management Sciences and procurement offers two non-degree programmes (Certificate in Business Administration and Diploma in Business Administration), and three bachelor specializations (BBA- Marketing, BBA – Procurement and logistics, and BBA – Human Resources Management).
The department has 13 qualified, experienced and competent academic staff. Apart from teaching, staff conduct research and consultancy services. The areas that the department is more competent on is: management sciences, marketing, entrepreneurship, procurement and supply chain management.
The department conducts a business plan, ideas and innovation competition annually to help students develop the ideas that they have and see their practicability. This goes hand in hand with the faculty motto; dream, learn, do, achieve. We are helping the students to make their dreams come true.
2. Department of Accounting and Finance
The department of Accounting and Finance offers three bachelor’s programmes: the Bachelor of Business Administration (BBA – Accounting), the Bachelor of Accounting and Finance with Information Technology (BAFIT), the Bachelor of Banking and Microfinance (BBM) and one postgraduate degree: the Masters of Finance and International Investment Management (MFIIM).
The department has 12 qualified, experienced and competent academic staff. Apart from teaching, the staff conduct research and consultancy services. The areas of specialization in the department are: Accounting, Finance, Banking and Microfinance.
The department has a Financial Literacy centre to educate stakeholders on all financial matters. Such as saving, investing and how to access funds. The department does community service work with small entrepreneurs and provides them with advice.
Collaboration with the Hanken School of Economics. Helsinki, Finland
Erasmus Funded Project: “Co-producing Knowledge on Sustainable Growth through Service-Learning Pedagogy between African and European Higher Learning Institutions (COPAFEU)”.
The goal of COPAFEU is to enhance the capacity of Higher Education Institutions to align the skills and knowledge of their graduates to ensure employability and entrepreneurial skills to meet the needs of the local and global labour market, while actively contributing to and shaping sustainable local growth.
Project duration: 3 years (from March 1, 2014 to 2027)
PROGRAMMES:
Non-Degree Programmes
1. Certificate in Business Administration (CBA)
2. Diploma in Business Administration (DBA)
Undergraduate Programmes
1. Bachelor of Business Administration (BBA) – with NBAA exemption
2. Bachelor of Accounting and Finance with Information Technology (BAFIT) – with NBAA exemption
3. Bachelor of Banking and Microfinance (BBM)
4. Bachelor of Business Administration in Accounting (BBAA)
Postgraduate Programmes
1. Masters of Finance and International Investment Management (MFIIM))
2. Master of Business Administration (MBA)
The unique thing about our programmes is that 50% of the credits the students get from theory (in the class room) and the other 50% through study visits, discussion with practitioners and entrepreneurial practices. It is our belief that for knowledge to be complete you need to hear, see and do. So, we incorporate this into delivering the programmes.
Research and Publications
The Faculty has a journal: Ruaha Journal of Business, Economics and Management Sciences (RJBEM). RJBEM is a peer-reviewed, semi-annual, which publishes original articles, research articles, review articles with top-level work from all areas of business, economics and management science. We encourage all categories of learners and learned from different areas of business & management study for a cross cultural exploration and subsequent innovation of subjects concerned. So far, the faculty has published two volumes with a third on the way.
Message from the Dean
