Master of Science in Finance (MSc. Finance)


The Master of Science (MSc) degree in Finance is designed to assist students enhance their managerial effectiveness within the fields of Finance, Accounting, Investments, Banking and Insurance.  The programme is practical and career-oriented, while maintaining high standards of rigour and scholarship. It provides new skills, analytical tools and perspectives, which provide a sound basis for financial management, accounting, investments, banking and insurance. Students are to be drawn from the Eastern and Central African region and beyond

The programme consists of 12 taught course units that constitute Part 1 while a project Part II.

4.2   The minimum duration for the programme shall be 4 semesters, while the maximum duration shall be 10 semesters, and will involve coursework, examinations and the research project.

4.3   A candidate shall be allowed to take a maximum of 6 course units and a minimum of 2 course units per semester.

4.4   Each course unit shall be taught for 45 contact hours.

4.5   There will be 8 core course units which shall be taken by all candidates.

4.6   In addition to the core course units, candidates will be required to take 3 specialization  course units in a chosen thematic area, and 1 elective course unit. Specialization course units allow a student to concentrate in their chosen thematic area, while elective course units provide options for additional knowledge in other areas of interest, not necessarily in their chosen thematic area.

4.7   Electives may be chosen from the list of elective course units in any area of study, or from specialization course units from a different thematic area, that would now count as electives.

4.8   Course units can only be taken after the necessary prerequisites have been successfully completed.

4.9   After completing Part I (all the taught course units – 8 core course units, 3 specialization course units, and 1 elective course unit), candidates will carry out research and produce a project (Part II). Part II shall commence in the semester immediately succeeding successful completion of Part I. Once the project is started it must be completed within the semester, or duration of six course units, with the maximum duration equivalent to the minimum load of two course units per

The common regulations for the masters’ degree in the University of Nairobi shall be applicable.

 The following shall be admissible:

        a) A holder of at least an upper second class degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering.

        b)A holder of lower second class degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering with at least two years of work experience.

Master of Science in Finance (MSc. Finance)

Master of Science in Finance (MSc. Finance)