Blantyre International University Bsc. BANKING AND FINANCE (B. BF.)

Blantyre International University Bsc. BANKING AND FINANCE (B. BF.)

BACHELOR OF BANKING AND FINANCE (B. BF.)
Programme Mission
The primary objective of the banking and finance program is to offer market driven training aimed at enhancing skills for sound economic and financial sector stability in Malawi and in the region. The program is open to students drawn from the financial sector and policy institutions in Malawi and the SADAC region. It seeks to equip students with relevant cutting edge knowledge and skills that adequately address both theoretical and practical needs of the sector. One of the key features of the program is its holistic approach to banking and finance.
Aim of the Programme
To provide students with graduate level knowledge, specific skills and applied competence that provide opportunities for continued personal intellectual growth, gainful economic activity and valuable contributions to society in the fields associated with financial services and local and international banking.
Objectives of the Programme
The specific objectives of the program are to:
a) provide knowledge and understanding of the nature of financial systems, and the particular roles of banks and the central bank
b) develop the capacity to appraise and compile economic and financial reports
c) develop an appreciation of the international dimension of financial systems, and the ability to apply appropriate risk management techniques
d) develop the capacity to understand, assess and comment on company accounts
e) develop the ability to appraise investment projects with capital budgeting techniques
f) develop an understanding of the key financial decisions made by corporations, and their use of the equity and bond markets to raise finance
g) provide knowledge and understanding of different types of banking and financial systems, including those in emerging countries and countries in transition
h) provide an understanding of the theory, methodology and techniques of research in banking and finance, and also of the potential limitations of this research.
Justification
The program seeks to respond to the rapidly changing policy environment and expertise requirements in the Global financial sector and Malawi in particular. The Malawian economy has experienced a rapid growth of its financial sector with the introduction of many banking institutions; this has brought the need for skills within the sector. Currently, there is no University in Malawi offering banking and finance at degree level; this has necessitated the introduction of this programme.
Career prospects
This program has been structured to allow our students to work in manufacturing organizations, financial institutions (Commercial banks, discount firms, Merchant banks, Building societies, Finance houses, development institutions, insurance companies, Malawi stock exchange, Brokerage firms, Foreign exchange bureax, Non-Profit making Organizations, retail and wholesale business and NGOs e.t.c.), or to start their own small businesses or buy into existing businesses or franchise or become managers in existing enterprises where they are expected to bring in positive and innovative changes.
Course Curriculum
Year 1 
1st Semester
1 JRN 111 Communication Skills 1
2 MAT 111 Business Mathematics
3 ACF 111 Financial Accounting I
4 ECON 111 Introduction to Microeconomics
5 BBA 111 Principles of Management
2nd Semester
1 BBF 121 Business Finance 1
2 IT 112 Software Applications
3 ENTP 122 Principles of Marketing
4 ACF 121 Financial Accounting 2
5 ECON 121 Introduction to Macroeconomics
6 JRN    122  Communication Skills 2
Year 2
1st Semester
1 STAT 211 Business Statistics
2 BBF 211 Business Finance 2
3 ACF 211 Intermediate Accounting
4 BBA 211 Organizational Behavior
5 BLAW 224 Business Law
2nd Semester
1 LAW 225 Company Law
2 BBF 221 Money and Capital Markets
3 ACF 312 Cost and Management Accounting 1
4 BBF 222 Fundamentals of Banking
5 STAT 221 Quantitative Techniques
Year 3
1st Semester
1 ACF 321 Cost and Management Accounting 2
2   ACF 422  Taxation
3 LAW 314 Legal Aspects of Banking
4 BBF 311 Credit Risk Analysis
5 STAT 321 Research Methods
2nd Semester  
1 BBF 321 Investments and Portfolio Theory
2 ECON 411 Public Finance and Policy
3 BBF 322 Corporate Banking, Practice and Law
4 ENTRP 321 Business Plan writing(Project report)
5 BBA 211 Business Ethics & Corporate Governance
Year 4
1st Semester
1 BBF 411 Treasury Management
2 BBF 412 International Finance
3 BBF 323 Asset Financing
4 BBF 324 Principles of Insurance
5 ENTRP 222 Entrepreneurship
6 ENTRP 315 Marketing of Financial Services
2nd Semester
1 BBF 421 Mortgage Based Lending
2 ACF 423 Financial Statement Analysis
3 BBF 422 Banking Operations, Regulation and Supervision
5 BBF 423 Advanced Finance
6 BIU 400 Research Project   411 Mathematics of Demography
3  ACS      412 Computational Finance
4  STAT    411 Probability Theory
2nd Semester 
1  ACS      421 Risk  Theory
2  STAT    421 Statistical Inference
3  ACS      422 Principles of Econometrics
4  ACS      423 Survival Models II
5  BIU       400     Research Project