Department of Finance

PROGRAMME AIMS AND RATIONALE

This programme is occasioned by the strong and growing industry demand for a degree programme focused on the science of finance. In the competitive and rapidly changing financial sector, modern banking and financial services have become increasingly sophisticated and challenging. A degree in Banking and Finance offers students the skills to that will enable you to effectively manage these challenges. A Bachelor of Science degree programme in finance focuses on the financial aspects of business operation, banking and globalization. Students learn the history and functions of monetary systems, financial institutions and lending. The programme integrates both purely finance and accounting modules in the context of business management.

Educational Aims of the BSc. in Finance
The programme aims to:
  • To prepare student on what it means to manage finances in an organization
  • To make students aware of the importance of finance fo an organization and an economy
  • Assist students in analyzing, planning, investing and managing the finances of an organization
  • To increase students understanding of financial institutions and financing processes such as capitalizing, investing, and managing risks and returns in business..
  • To expose students to basic accounting and finance for managers and how to analyze Financial Performance

The programme provides opportunities for student to develop and demonstrate knowledge and understanding, qualities such as communication, numerical, analytical practical skills and other attributes. The programme outcomes have been referenced to the Qualification Descriptors for Level 5 (Bachelor of Science Degree with Honours) of the Rwandan National Qualifications Framework for Higher Education. The programme generally will be run on the resources of the Faculty of Business, Trade and Investments. However, the programme we shall source assistance from the faculty of Computer Science and IT.

PROGRAMME LEARNING OUTCOMES
A. Subject-specific Knowledge and Understanding
At the end of the programme students should be able to demonstrate knowledge and understanding of:
  • Mathematics and statistics relevant to Finance;
  • Fundamental concepts, principles and theories of management providing the context for financial management
  • Introduction to principles in accounting, finance, human resource and marketing relevant to Financial management
  • The role and processes of accounting, accountability and audit in financial management
  • Techniques and approaches to raising capital
  • General knowledge and understanding in the area of Finance
  • Financial products and services available for businesses
  • The general principles, processes and systems in financial management
  • Institutions of financial management
  • Risk management principles
B. Cognitive/Intellectual Skills/ Application of Knowledge and understanding
At the end of the programme students should be able to:
  • Specify, plan, manage, conduct research and report on finance initiatives;
  • Collect, present, analyse, evaluate and interpret financial data using mathematical and statistical tools and computer applications;
  • Identify financial problems and propose solutions using sound scientific, finance and management principles
  • Demonstrate ability to design finance strategies and plans relevant to business
  • Demonstrate techniques and processes used in sourcing, investing and analyzing returns in finance.
  • Demonstrate an awareness of scientific aspects of finance relevant for business
  • Observe and record accurately, finance data and experimental data in the finance sector
  • Demonstrate ability to identify financial risks and techniques to proactively manage them
  • Apply financial knowledge to the design tactical and operational plans in a business
C. Communication/ICT/Numeric/Analytical Techniques and Practical Skills
At the end of the programme students should be able to:
  • Communicate effectively in writing, verbally, and using diagrams and figures
  • Use information technology to present and analyze financial data and information
D. General Transferable Skills
At the end of the programme students should be able to:
  • Demonstrate capacity for self-learning in familiar and unfamiliar situations;
  • Communicate effectively (written, verbal, drawing, sketching etc.)
  • Apply numerical skills appropriate to a practitioner in financial management;
  • Competent use of information technology (IT) relevant to professions of finance and accounting;
  • Work as an effective member of a team.
  • Demonstrate time and resource management skills
  • Demonstrate problem solving skills.

Copyright © 2016 Christian University of Rwanda