Bachelor of Economics and Finance

Course Overview

Students in this course are expected to gain the economic reasoning, quantitative skills and institutional knowledge required to solve problems arising in finance. This course will provide students with a systematic understanding of economic approaches to development and in particular, the role of finance and financial institutions. Students will be able to evaluate the merits of the various mechanisms of financing development and to understand the bases for financial policy. During the course students will develop the skills required for the analysis of development issues, and to understand the interlink ages between statistics and econometrics, and develop expertise on international trade and exchange rate policies and related economic matters. Furthermore, it is expected that students will acquire practical skills in investment analysis and financial management, apply theories and practices of micro and macroeconomics in decision making and allocation of resources in the economy with the development theories to analyze socio-economic plans and suggest workable solutions to poverty in Africa. Additionally, students have the opportunity to study a range of options covering project and programme management, public policy, and development policy.


What you'll study

Semester I

    • Business Computer Applications
    • Development Perspectives
    • Business Mathematics
    • Business Communication
    • Introductory Microeconomics
    • Accounting for Finance

Semester II

    • Business Statistics
    • Business Management
    • Introductory Macroeconomics
    • Development Economics
    • Financial and Monetary Economics
    • Principles of Banking

Semester III

    • Research Methodology
    • Management Information Systems
    • Financial Management
    • Portfolio and Investment Management
    • Financial Statement Analysis
    • Economic Planning and Policy

Semester IV

    • Entrepreneurship
    • Operations Research
    • Introduction to Econometrics
    • Financial Markets and Institutions
    • Public Economics
    • Finance and Security Analysis
    • Practical Training

Semester V

    • Industrial Economics
    • International Finance
    • Financial Programming and Forecasting
    • Mathematical Techniques for Economists
    • Intermediate Microeconomics
    • Business Law and Ethics

Semester VI

    • Natural Resource Economics
    • Project Planning and Management
    • Intermediate Econometrics
    • International Economics
    • Intermediate Macroeconomics
Entry Requirements

  • NTA Level 6 in a CBET Program in relevant subjects to join CBET Program at Higher Diploma Economics and Finance (NTA 7) with an average of “B” or GPA of 3.0 and 4 passes at “O” level
  • Higher Diploma in Economics and Finance (NTA Level 7)  to join Bachelor Degree in Economics and Finance
  • Advanced Secondary Education Certificate with at least two principal passes in Economics, Accountancy, Commerce, Physics, Chemistry, Biology, Agriculture, Geography or Mathematics. The two principal passes MUST make an aggregate of 4.0 points as a minimum.

What you'll experience

  • Be provided with knowledge, skills and values needed in the Economics and Finance field.
  • Gain necessary attitudes for understanding and operating in diverse public and private Institutions.
  • Assist Economics and Financial stakeholders with technical questions.
  • Gain an understanding of Financial and Accounting Packages.
  • Be able to apply business entrepreneurial skills in economic undertakings
  • Application of information and communication technology skills in managing business activities

Careers and opportunities

Our graduates will work in roles including:

  • Financial analysts
  • Auditor
  • Economic consultant
  • Actuarial analysts
  • Accountant
  • Economists
  • Financial manager
  • Tax agent
  • Bookkeeper
  • Account clerk

Teaching methods

Teaching methods on this course include:

  • Lectures
  • Tutorials
  • Practical work

How you're assessed

You’ll be assessed through:

  • Technical reports and logbooks
  • Presentation
  • Project work
  • Timed tests
  • Written exams
  • Group assignments

Course costs

Registration (IAA)   20,000/=

Examination (IAA)   70,000/=

Application Form (IAA)  10,000/=

Wear and Tear          20,000/=

IAASO                       20,000/=

STUDENT ID             3,000/=

NON CITIZEN

EAC                US$ 820

SADC              US$870

Others            US$900


How to Apply

Institute of Accountancy Arusha admission cycles are normally guided by two regulatory authorities which are The National Council for Technical Education (NACTE) and The Tanzania Commission for Universities (TCU). If you apply to IAA, you will be following provisions as set forth by the mentioned authorities.

Different programmes have different entry requirements. You can visit our programme page to see entry requirement for different programmes or be sure to read thoroughly the TCU admission guide book and the NACTE admission guide book.


  • Fee 1,500,000/=
  • Duration 3 Years
  • Language English
  • Mode of Study Full Time
  • Intakes October