The Bachelor in Business, Accounting and Financial Management course allows students to develop skills and financial knowledge that are fundamental while evaluating business current financial position, reconciling financial business reports, analysing and communicating financial statements, as well as budgeting and control environmental issues. Throughout the course there is an emphasis on the basic principles of business, accounting and financial management in association with their procedures and concepts.
The degree program focuses on business management and finance as an area of study. Given the industrial situation in Uganda there is need to train people who can revamp the existing businesses or open new ventures in order to revive the economy. The programme is carefully designed to facilitate students’ knowledge and accounting skills in order to be able to contribute and respond effectively to business growth and development, creative and innovative challenges, wealth creation and application to employment opportunities. Since graduates are to be business managers they are expected to scientifically in problem’ identification related to financial issues and apply managerial financial decision making.
The objectives of the programme are the following:
1. To study the basic principles of business, accounting and financial management, their procedures and concepts
2. To aid the students gain vital skills on daily procedures of a business, accounting and/or financial department and their management
3. To efficiently equip students in order to be able to prepare financial statements and budgets
4. To aid students gain expertise while applying business decision making in relation to accounting and finance challenges
5. To provide students with the theoretical, technical and empirical background necessary for financial problem identification and solving as well as financial decision making within the complex and ever-evolving business environment
6. To receive a solid academic base and a proper way of thinking in terms of corporate socially responsible business practice in the accounting field
7. To effectively equip students to identify investment opportunities and business ROI (Return On Investment)
8. To assist students with strategic management and marketing decisions for business financial growth
Programme learning outcomes
Upon completion of this Bachelor students will be able:
1. To critically evaluate accounting concepts and principles and their application in solutions to practical accounting problems, and prepare financial statements of entities, including groups of companies, using relevant financial information, accounting techniques and standards
2. To analyse and interpret financial statements of entities, apply and evaluate financial reporting principles and practices in a range of business contexts and situations
3. To apply financial management techniques to issues affecting investment, financing, and dividend policy decisions of an organisation
4. To explain the general legal framework, and apply specific legal principles relating to business, including Cyprus legislation as applicable to individuals, single companies and groups of companies
5. To evaluate and explain the importance of taxation to personal and corporate financial management, and apply further knowledge and understanding of the Cyprus tax system through the study of further capital taxes, and identify and evaluate the impact of relevant taxes on various situations and courses of action, including the interaction of taxes
6. To explain the process of carrying out the assurance (audit) engagement and its application in the context of the professional (audit) regulatory framework
7. To describe the organisational context of the accountant and of the development of accounting information systems; to understand the need for the efficient use of resources within an organisation
8. To apply relevant knowledge, skills and exercise professional judgement as expected of a senior financial executive or advisor, in taking or recommending decisions relating to the financial management of an organisation
9. To explain the need for international accounting standards and how country-specific institutional, cultural and external factors influence accounting systems
The general admission requirements for entry to Unicaf University Uganda Bachelor degree programmes are as outlined below. Students are advised to contact the Office of Admissions to find out more about the range of equivalent international academic qualifications accepted.
- Regular admission to a Bachelor degree programme requires the 5 passes on the Uganda Certificate of Education (UCE); and two principal passes on the Uganda Advanced Certificate of Education (UACE) obtained at the same sitting; or international equivalent when approved by the Uganda National Examinations Board (UNEB). Applicants aged 25 and above who have 5 UCE passes and have passed the Mature Entry Examination with at least 50% or above from an approved Higher Education Institution may also be considered for entry.
- Applicants with a Diploma obtained at credit in a related field of study may be considered for entry.
- English proficiency; Grade 6 (Credit) or better on the Uganda Certificate of Education (UCE) or equivalent
- Up to date CV
- Copy of valid passport or national ID
In addition to a strong academic record, extra-curricular activities, leadership skills and other relevant background information may be taken into account.