Management and Finance

Provides solid knowledge of the functional areas of business together with a thorough understanding of management and finance principles and practices.

Bachelor of

Management and Finance

A solid understanding of the functional areas of business is paired with a thorough awareness of management and finance concepts and practices in the Bachelor of Management & Finance program. With a particular emphasis on educating students for management roles in banking and finance, financial services, and other business fields, the course focuses on preparing managers for difficult roles in the global market.

Students must complete 24 subjects in total over the course of 6 semesters. It offers students more choice in designing their course to their particular area of interest for their future professional objectives because it has 24 core classes and 4 electives, which can be substituted.

Each course complies with the Zambia Qualifications Framework and is accredited by the Zambian regulatory organizations (ZAQA, HEA, TEVETA).

By affiliations and partnerships, all courses are acknowledged as matching their content with high-quality education for the courses they offer in compliance with Zambia’s Higher Education Standards.

Added Subjects

Accounting and Financial Accounting subjects

Students also study a variety of relevant business and management disciplines aimed to provide them a wide understanding of the management and finance difficulties faced in business. Additional Accounting and Financial Accounting classes contribute to the Finance components of the course. Law, marketing, statistics, logistics, and entrepreneurship are among the topics covered.

 

Admission

Secondary Education Candidates

Students who have a Full School Certificate or an equivalent documenting successfully completing Year 12 at a standard equivalent to five credits may enroll in the Bachelor of Management and Finance program at the Centre4eLearning. Candidates who have completed successful higher education coursework within the past ten years of graduating from high school may be admitted to a Centre4eLearning course with credit transfers.

POSSIBLE CAREER PATHS

Graduates of the Bachelor of Management and Finance program can pursue a variety of career options, including administrative and financial management, sales and/or marketing management, business consulting, and banking.

Program Overview

Semester 1

The five fundamental communication skills that will position students as authentic professionals are taught as a bundle to students. This is intended for educated people who are proficient in their technical capabilities but wish to improve their leadership abilities. The course is really straightforward and practical. Each class will include specific advice that students may use right away.

Course Code; PCS101      Credits: 3

Students will learn the foundations of economic analysis and reasoning in this course. It serves as the foundation for later, more specialized economics courses.

Covers:

1. Microeconomics topics

  • The Theory of Consumer Behaviour
  • The Theory of the Firm
  • Markets: Demand and Supply
  • Factors Market
  • Coordination and Welfare

2.  Macroeconomics topics

  • Aggregation
  • The Goods Market
  • Money and Banking
  • General Equilibrium
  • Prices, Inflation and the Phillips Curve
  • Unemployment
  • Exchange Rate Determination and the Money Sector
  • Economic Growth
  • Business Cycles
  • International Trade

Course Code: ITE102            Credits: 3

Students will examine the foundational idea of management in this course. They shall look into what management is and how managers contribute to the achievement of organizational goals. There has always been a need for some form of administration in human civilization to coordinate individual activities for the greater (and individual) good. Even in the most prehistoric ages, humans needed to cooperate and organize in order to accomplish common objectives such as obtaining food, defending against predators, and caring for the young.

Units to be covered:

  1. What is Management
  2. The role of Managers
  3. The personal Side of Management.

Course Code: ITM103                    Credits: 3

For those with little to no experience in marketing, we recommend Introduction to Marketing. You might need some help comprehending the material as a student, you might be starting your own business and need to brush up on the fundamentals of marketing, or you might already be in business and want some advice on how to enhance your marketing.

Regardless, this course has been created to remove any ambiguity from the material and make it simple for anyone to follow and comprehend the fundamental concepts and principles.

We cut out the “padding” and concentrate on the essential information you need to know in this course.

Covered Units:

  1. What is Marketing
  2. The Marketing Mix
  3. Marketing Planning
  4. Marketing in the digital age.
  5. Capstone

Course Code: ITS104             Credits: 3

Semester 2

Students will learn about business statistics in this course, which is the use of statistics in the workplace. Data are collected, analyzed, and interpreted using statistics. Some of the subjects in this course might be familiar to you if you’ve previously completed a statistics course. Because many of us comprehend data best when it is presented in an ordered way, statistics may be used to a wide range of subjects, from anthropology to hedge fund management.


Here, they’ll look at summary statistics, which provide a quick snapshot of a data collection, such the typical exam score.

Covered units:

  1. Introduction to statistical Analysis
  2. Counting, Probability, and Probability distributions
  3. The normal Distribution
  4. Sampling and Sampling Distributions
  5. Estimation and Hypothesis Testing
  6. Correlation and Regression

Course Code: BST105       Credits: 3

It’s common to refer to business law, usually referred to as commercial law, as a subset of civil law. It specifically regulates the transactions of business and commercial interests. Like other laws, business law plays a crucial role in maintaining accountability among businesses both to the general public and to one another. Additionally, it upholds laws and norms.

This course will help you comprehend the significance of business and corporate law and equip you with the knowledge and skills necessary to apply the law to business and its day-to-day operations. This includes the sale of goods, consumer credit, monopolies, intellectual property rights, and employment.

Covered units:

  1. The key tenets governing the legal relationship between businesses and their clients.
  2. The legislation governing consumer credit contracts and agencies.
  3. The laws governing monopolies, mergers, and unfair business activities.
  4. Important clauses pertaining to intellectual property rights.
  5. The key tenets governing the legal relationship between businesses and their employees.

Course Code: IBL106        Credits: 3

The five main OB topics covered in this course are managing people, managing groups, power and politics, managing conflicts, and managing organizational transformation. It’s crucial to comprehend what an organization is and the development of organizational behavior as a field before diving into more challenging readings. In light of this, the first section of this course will examine the fundamentals of an organization.

Covered Units:

  1. Organizations in Business
  2. Managing Individuals
  3. Managing Groups
  4. Leveraging Power
  5. Conflict management and Negotiations
  6. Managing Change

Course Code: OGB107          Credit: 3

In this introduction to accounting, the topic of recording, evaluating, classifying, summarizing, and disseminating accounting information is covered. The chance to learn how to generate and understand financial data for use in management decision-making will be provided to students. Students can research the effects of industry standards as well as economic, financial, legal, and ethical concerns with the instructor’s assistance.

Covered Units:

  1. Business Types and Structures
  2. What is Accounting?
  3. Transactions and Definitions
  4. Accounts and Definitions
  5. Accounting for Transactions
  6. Accounts and Financial Statements
  7. Introduction to GST

Course Code:  ITA108         Credits: 3

Semester 3

The sorts of cost data that can be generated to aid managers and other employees in an organization in planning, controlling, and making decisions are the main focus of this introductory management accounting course. Costs and cost behavior, product costing, cost allocation strategies, cost-volume-profit analysis, and the use of cost data for management choices are among the subjects covered.

Covered Units:

  1. Identify cost categories based on the context and goal of relevant decisions.

  2. Examine cost behavior and calculate expenses

  3. Create, employ, and assess costing mechanisms.

  4. Examine and apply cost data that is pertinent to decisions.

  5. Use critical thinking, problem-solving, and communication skills in solo and/or group activities to show that you fully grasp the unit’s subjects

    Course Code: IMA109         Credits: 9

The topics of managerial finance, financial tools, risk and return, bond and stock valuation, cost of capital, and capital budgeting methodologies are covered in this course. It teaches students about making financial decisions in a cutthroat marketplace. Presentation slides are used as the content format, and the overall production time is approximately a semester. By learning about corporate behavior and share value in the financial market, students will grasp how to optimize shareholders’ income.

Covered Units: 

  1. Managerial Finance Introduction
  2. Financial Tools
  3. Cost of Capital
  4. Capital Budgeting
  5. Risk return
  6. valuation of bonds and stock

Course Code: FIM110     Credits: 9

One of the key roles in every organization is operations management. Understanding operations management, this course, will give you a fundamental framework for comprehending this job, whether you’re producing goods or services or working in the public, commercial, or nonprofit sectors. This course also covers the function of operations managers and the significance of concentrating on suppliers and clients.

Covered Units:

  1. Understanding Operation Management
  2. Transformational Model
  3. Operations, Operation management
  4. Operatios managers
  5. operation Systems

Course Code: OPM111           Credits: 9

Students will benefit from this course and gain more insight into supply chain and logistics management. It serves as a foundation for inventory movement and is perfect for Amazon FBA, drop shipping, outsourcing, retail business owners, inventory, logistics, and supply chain managers. 

Covered Units:

  1. Introduction to logistics management.
  2. Supply chain linkages in the context of globalization and international trade
  3. Supply chain strategies – transport in
    supply chains
  4. Transport security
  5. Storage and material handling in inventory management
  6. Information and financial transfers inside the supply chain are facilitated by technology.
  7. Vulnerability, risk, robustness, and resilience of the supply chain
  8. Reverse logistics, supply chain management, and sustainable logistics
  9. v Logistics service providers – procurement

Course Code: LMA112         Credits: 5

Semester 4

This course offers a thorough examination of the problems managers face in a world that is changing quickly, including corporate social responsibility, new types of labor, growing workplace diversity, and climate change. In order to demonstrate how best practice managerial practices can enhance corporate environmental outcomes, financial performance, and create new business prospects, contemporary ethical and environmental challenges are investigated. Students will get the chance to put their extensive theoretical and technical expertise to use in creating and expressing solutions to challenging issues. Additionally, students will study some western moral theory and put it to use in an organizational setting.

Covered Units: 

  1. Introducing business ethics
  2. Business ethics in context: CSR stakeholders and citizenship
    Global trends and their effects on company strategy, accountability, and values
  3. Citizenship and CSR stakeholders in the context of business ethics – A review on business ethics
  4. Business ethics decision-making: Descriptive ethical theories
  5. Corporate accountability, social responsibility, performance, and responsiveness – In charge of business ethics

Course Code: BES113        Credits: 5

This course aims to increase students’ awareness of the value of learning in organizations. It helps students to assess organizational strategies that support learning in organizations as well as the individual and group learning processes. The topic emphasizes the connection between learning and the larger strategic and sociocultural contexts of organizations by merging current Organizational Learning and Learning Organization views. Practically speaking, the course helps students improve their ability to study for both academic and professional goals.

Covered Units:

  1. A description of learning organizations and organizational learning.
  2. Individual & collective learning theories. (How people learn and how their brains work).
  3. Types and styles of learning (How
    learning happens and the best ways to
    learn).
  4. The individual as agent of organisational
    learning.
  5. Organisation. Knowledge organisations
    and organisational knowledge.
  6. Managing learning and knowledge
    through systems, people and technology.
  7. Learning organisation.
  8. Leadership, ethics and learning.
  9. a plan, a shift, and education

Course Code: TLO114           Credits: 5

The theoretical and analytical methods pertinent to the administration of Australian financial institutions in a global economy are introduced in this course. It looks at the main financial risks that Australian banks face, how these risks are measured and managed, and government interventions.

Covered Units:

  1. Overview of the current financial system
  2. Commercial banks – activities, regulation
    and controls
  3. Non-bank financial institutions – their roles
    and characteristics
  4. The share market and the corporation
  5. Corporations issuing equity in the share
    market – funding alternatives
  6. Short-term debt – nature and structure
  7. Medium to long-term debt – types and
    features
  8. International debt markets and credit rating
    agencies
  9. Foreign exchange – factors which influence
    the exchange rate
  10. Interest rate swaps, cross-currency swaps
    and credit default swaps

Course Code: BAF115      Credits: 5

From a legal standpoint, the course offers a thorough overview of the Australian taxation system. The fundamental components of the Australian direct and indirect taxation systems are covered, along with the fundamentals of income taxation and deduction rules, timing issues in taxation, capital gains tax regulations, fringe benefit taxes, superannuation tax regulations, the goods and services tax, significant state taxes like stamp duty, and an introduction to tax administration.

 

Covered units: 

  1. Introduction to the tax system
  2. Income, residence and source
  3. money earned through personal labor, money from property, and money from a business
  4. Goods and services tax (GST) and Fringe benefits tax (FBT)
  5. Capital gains tax (CGT)
  6. Specific deductions

Course Code: TAL116        Credit: 5

Semester 5

Microfinance is covered in this course as an introduction. It looks at the beginnings, driving forces, operations, services, effects, key hazards, and government actions pertaining to what is now a significant industry spanning many nations, aiding in the independence of many millions of individuals. It offers insights into this developing field and case studies that highlight its effects, advantages, and constraints.

Covered units: 

  1. What is Microfinance (MF)?
  2. Intervention in Credit Markets
  3. Small-scale Micro-entrepreneurs (SMEs).
  4. What are Microfinance Institutions (MFIs)?
  5. Lending Methodologies
  6. Loan Pricing and Sustainability
  7. Social Behavior
  8. Limitations of MF, Issues, and Criticisms
  9. Market developments for MF investments
  10. Impacts and Prospective Futures 

Course Code: MIF117       Credits: 5

The course covers a broad overview of the theory of investing and capital markets, including information on domestic and international markets, investor preferences, asset allocation, security selection, risk versus return, the characteristics of the debt and equity markets, financial instruments, valuation models, futures and forward contracts, portfolio management, and performance evaluation in the context of current financial events.

Covered Units: 

  1. What are investments
  2. Risk versus Returns
  3. Model for pricing capital assets:
  4. Characteristics of a bond
  5. Bond portfolio management
  6. Analysis of the macroeconomy and industry;
  7. Equity Valuation
  8. Analysis of Financial Statements
  9. Analyzing the performance of investments:
  10. Investing Process and Investors

Course Code: INV118       Credits: 5

This course gives a theoretical background in the field of customer behaviour covering both the internal and external human elements affecting conduct and decision-making. It builds an awareness and understanding of customers as the major focus of marketing action, and analyzes related theories produced in marketing, psychology and other behavioural sciences. Students’ abilities to apply theories of customer behavior to marketing issues are developed in this course.

Covered Units:

  1. consumer behavior overview
  2. consumer opinion
  3. Memory and learning
  4. Motivation and affect
  5. Personality, lifestyle and values
  6. Attitude and attitude change
  7. Consumer decision making process
  8. Purchase and post-purchase activities
  9. Group influence and social  media
  10. Impact of demographics on consumer behaviour
  11. Culture, and cross-cultural influence

Course Code: CBE120                Credits: 5

The focus of the course is a hands-on manual for starting and running a firm from an entrepreneurial standpoint. Students will gain practical experience in the planning process for an entrepreneurial enterprise as well as knowledge of the factors to be taken into account throughout ongoing management decisions from conception to success.

Covered Units: 

  1. Entrepreneurship
  2. The importance of innovation and creativity in entrepreneurship
  3. Opportunity evaluation
  4. Venture creation: design
    thinking – lean. Start-up – prototype.
  5. Advertising an entrepreneurial activities
  6. Obtaining funding for a startup company
  7. business model framework. Creating the business plan for a startup
  8. Setting in the neighborhood: social entrepreneurship
  9. Managing change and growth
  10. Harvesting an optimal reward
    on exit
  11. Corporate entrepreneurship
    issues

Course Code: ENT121       Credits: 5

Semester 6

In this course, subjects pertaining to Accounting Standards are covered, with a focus on the identification and measurement of assets and liabilities. Regarding various kinds of assets and liabilities, it addresses a number of Financial Reporting Standards (such as intangible assets, share-based payments, leases and financial instruments). It investigates how accounting rules are interpreted and used.

Covered Units:

  1. Fair value measurement, the conceptual underpinning for accounting regulation, and business ethics
  2. Understanding Revenue
  3. Equipment, plant, and real estate
  4. Impaired intangible assets
  5. What are Leases?
  6. An Understanding of Natural resources
  7. Provisions, a potential liability, and a potential asset
  8. employee advantages
  9. Share-based payments
  10. Financial instruments

Course Code: FAR122        Credits: 5

The study of this subject offers conceptual and theoretical frameworks for comprehending the ways in which cultures differ, how these variations affect organizations, and how they impede knowledge transmission and communication. The subject also takes into account methods for guiding, overseeing, and appreciating diversity within organizations.

Covered Units:

  1. Intercultural Communication
  2. Global Understanding
  3. Organisational Environment
  4. Intercultural Negotiation
  5. Leadership and Multicultural Teams
  6. Motivation and Exchange in a CrossCultural Context
  7. Working with Global Teams
  8. Living and Working Globally
  9. Situational Environment
  10. Major theoretical perspectives

Course Code: CCM124          Credits: 4

The topic explores the function of strategic management using a wide range of ongoing activities and procedures that businesses employ to methodically coordinate and align resources throughout their whole organization. It looks at the characteristics of organizational goals, capacities, and strategies, focusing on the function of corporate and business strategies as predictors of exceptional performance. The evaluation of the strategic environment, industry and competitive analysis, mission formulation and goal-setting, strategy choice and application, and strategic control are among the topics covered. Corporate social responsibility, environmental and sustainability plans, and other factors are also taken into account.

Course Code: STM125       Credits: 4

Business simulations are an effective tool for creating competencies and strategy alignment. Simulations give participants the opportunity to experience a new strategy first-hand, evaluate its value, and understand what excellent execution looks like in a highly realistic setting by allowing them practice operating a business in the context of business practical application. Students may then comprehend and apply these learnings while executing the approach for greater results because the method has been made personal for them.

Additionally, simulations are a fantastic tool for students to gain business acumen by providing them with a broad enterprise view, hone their strategic thinking, increase their financial acumen, and deepen their understanding of customers.

Covered Units:

  1. Overview, establishment of teams, and management system
  2. Governance in business and sustainability
    Objects, principles, and performance
  3. Roles and responsibilities, business presentations
  4. industry research

 

Course Code: BUP130       Credits: 5

 

Elective Courses

Electives: As long as the prerequisites have been satisfied and the course is available throughout the semester

Corporate Accounting and Reporting

The compilation and presentation of a company’s external financial reports, accounting standards, and company-specific accounting challenges are all covered in this course.

Accounting Information Systems

The aims, components, and subsystems of AIS are all introduced in the first part. The concept of internal controls in organizations as well as new issues in computer crimes are covered in the second section. The third section examines the typical characteristics of transaction processing systems.

Law of Business Organisations

This subject examines the legal significance of agency, partnership, trusts, and corporations under both statute and common law, as well as various types of commercial organizations and how they apply to modern commerce.

Financial Accounting Introduction

The double entry model, accounting elements (assets, liabilities, equity, revenues, and expenses), as well as the principles and relationships between the elements for the purposes of periodic financial reporting, accounting journals, statements, and reports for various business systems are all covered in greater detail.

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