1

MBA(International Business)

IFM, Tanzania

IIFT, New Delhi

Indian Institute of Foreign TradeNew Delhi, INDIA

Institute of Finance ManagementDar-es-Salaam, TANZANIA

in collaboration with

PROSPECTUS2017-18

2

From the Director

Global economic scenario has witnessed considerable changes in the current vulnerable anduncertain economic environment. Indian Institute of Foreign Trade (IIFT) has been a pioneer in manyways in terms of addressing industry needs through specialized Executive Diploma programmes forworking executives. The Institute has closely focused on working executives to explore new frontiersof knowledge in the field of International Business Management and help their organizations reachcommanding heights. The strength of the institute lies in the fact that it is well recognized for itsacademic excellence and is consistently ranked among top business school in Asia and India. InAfrica, the institute has been operating successfully since the year 2000, in collaboration with Instituteof Finance Management (IFM).

Africa is fast emerging on global trade map due to abundance of natural resources, enhancedeconomic expansion and diversification resulting in growing foreign trade. World is looking at Africaas land of opportunities and African countries are fast coming forward to take their due share inglobal trade, commerce and investments. In this backdrop, it has been more than a decade that IIFTand IFM have been collaborating in fulfilling the vital skill gaps that exist in tapping these emergingopportunities for African countries in general and Tanzania in particular. It is our constant endeavor tounderstand contemporary geo-economic realities and offer updated courses in line with emergingrequirements. MBA (IB) program of IIFT-IFM is unique as it is designed to fulfill the specialized needsin the area of international business. This course offers both procedural and technology basedsolutions to improve the skills sets of aspiring candidates.

I welcome aspiring students of Africa to take full advantage of this opportunity. I look forward to seethem at IFM Tanzania that has state of art infrastructure along with intellectual inputs from renownedIIFT faculty. My Best Wishes to all aspirants who are seeking excellence.

September, 2016 (Dr. Surajit Mitra)

3

About IIFTThe Indian Institute of Foreign Trade (IIFT) was established by the Ministry of Commerce andIndustry, Government of India in 1963. It is an autonomous organization having the status of aDeemed University with powers to award degrees. Today IIFT has become a centre for excellencein the area of International Business Management and Strategy, which is reflected in all the threemajor activities of Institutes: Research, Training and Education. The Institute has achieved highstandards of excellence, occupying unique position today as India’s only premier institution thatfocuses on International Business. The different divisions of IIFT: Graduate Studies Division,International Projects Division, Management Development Programs, Research and InternationalCollaborations and Capacity development division are consistently striving for excellence andoccupy a position amongst the best business schools in India. The Africa footprint in collaborationwith IFM Tanzania is now in the twelfth year of successfully running the MBA Program. It has beenwell received by the Business, Government, Entrepreneurs and other Stakeholders.

Ambassador Jean-Baptiste Natama, Chief of Staff of the Bureau of the AfricanUnion Commission led a delegation in 2013 to Indian Institute of Foreign Trade,New Delhi.

4

About IFMEstablished in 1972, and stands asthe oldest higher learning financialinstitution in Tanzania, the Instituteof Finance Management (IFM) isdedicated to excellence in teaching,research, and consultancy.Currently, the Institute enrolls about8,400 students in bothundergraduate and graduateprogrammes. At IFM, students areinspired and challenged toinvestigate critical issues of the21st century in areas of financialmanagement, insurance, socialprotection, and informationtechnology. IFM offers anunparalleled student experience,both in and out of the classroom.The Institute has four faculties thataward certificate, diploma anddegree, postgraduate diploma, andmaster’s degree. From to time to time, the Institute offers short courses to address certain needs inthe market. Up to date, the Institute has 13,652 alumni.

In an attempt to give our students the best, IFM partners with a number of universities around theworld to offer joint-degree programmes;(For more details about IFM, Tanzania, visit: www.ifm.ac.tz)

IFM currently has a students’ registration of approximately 7,660 pursuing one of the 33 Programs forboth undergraduate and Postgraduate in Accounting, Banking and Finance, Computing, InformationTechnology, Insurance, Tax Management, Social protection, Master of Science in Finance, M.Sc., ITand Management, Msc Human Resources Management, MSc. Accounting and Finance, Msc Financeand Investiment and MBA(International Business) in collaboration with the Indian Institute of ForeignTrade, New Delhi (India).

IFM Location

The IFM main campus is located at the city Centre in Dar-es-Salaam Shaaban Robert Street, thecampus is surrounded with major corporate offices, making it the most convenient place for theworking executives and officers for their academic pursuit, was set up in 1972 by the National Bank ofCommerce and it stands as the oldest higher learning financial institution in Tanzania.

The IFM Mwanza Teaching Centre was established in 2013/2014 and is located in Isamilo area,Machemba road in the city of Mwanza. It is housed in the compound of UWT, opposite Sekou ToureHospital it is a walking distance from City Centre and about 1.5 KM south Lake of Victoria.

Institute of Finance Management (IFM), Dar-es-Salaam

IIFT and IFM collaboration is unique in the sense where IIFT isranked as World Class Institution in International Business; IFM hasalso scaled up as most aspired academic institution in East Africa.Intellectual Capital of IIFT and academic infrastructure of IFM createwin-win situation for African students.

--Prof. Tadeo Satta,Rector (Acting), IFM

5

About MBA (IB)The Institute of Finance Management (IFM), Tanzania proudly announces launching of thetwelfth batch of MBA (International Business) in collaboration with the Indian Institute ofForeign Trade (IIFT), New Delhi, India.

IIFT, a premier institute of Indian sub-continent, has signed an MOU with IFM in 2000 toassist Tanzania in filling the gap of trained personnel for the external sector and to enablethe country to emerge competitive in international markets.

The enrollment rate in the MBA (International Business) program has been increasing overtime. The first batch was enrolled in 2001 with a total of 18 students has now increased to60.

In 2012, the MOU was renewed for a period of another 5 years under which IIFT will assistIFM to build its institutional capacity in International Business and continue to offer highquality education in all aspects of International Business.

Objectives

The MBA (IB) aims at imparting professional education and training in modern managementtechniques for handling international business operations in a highly dynamic andcompetitive environment. The specific objectives of the Program are:

· To familiarize the participants on the basic fundamental concepts of management.· To expose the participants to the challenges in the emerging competitive business

environment, in an increasingly globalized world and to appreciate the trade relatedpolicy issues.

· To relate the management concepts to the business situations and help theparticipants to develop analytical and decision skills so as to evolve effectivenational and international business strategy.

· Prepare the participants for professional career and senior managementresponsibilities in strategic management of International Business.

Program Faculty

For about 50% of the courses, faculty is drawn from IIFT, who visit IFM for a period of 2weeks to teach various course. For the remaining courses faculty is drawn from IFM, whichhas about 110 full-time well qualified and experienced professionals. Guest faculty fromIndustry and trade is also invited from time to time.

6

Course StructureTrimester I (February-April 2017)1. BS and Quantitative Techniques

2. Accounting for Managers

3. Principles of Management

4. Micro and Macro Economics

5. Business Communication

Trimester II (May-July 2017)1. Business Research Methods2. French3. Financial Management4. International Trade Logistics and

operations5. Marketing Management in

International Perspective

Trimester III (August-October 2017)1. Perspectives on Entrepreneurship

2. International Economics

3. International Financial Management

4. MIS and IT Applications

5. Operations Management

6. Comprehensive Viva (1st Year)

Trimester IV (November ‘17-January’18)1. Tanzania Economy and Foreign Trade

2. Bus. Law with Tanzania Perspective

3. Global Business Environment

4. International Business Strategy

5. Global Sourcing

6. Small and Medium Enterprise

Trimester VI (May-July 2018)1. Project Appraisal

2. International Brand Management

3. Consumer Behavior

4. Cross Cultural Management

5. Marketing of Services

6. Comprehensive Viva (2nd Year)

Note: The Port visit will be conducted at any domestic / International location. It iscompulsory for the students to attend the port visit and submit a report based upon theirexperience.

Students have to submit their synopsis during the first month of Trimester-II. A provision ofeight weeks will be made for Research project submission and Viva duringTrimester-V.

Trimester V (February-April 2018)1. Research Project

2. Port Visit and Field Visit

7

Corporate and Port Visit

A visit to a port / town is arranged for the students to give them an opportunity to acquire first-handknowledge about the working of port administration, customs and vat collectors (TRA), shipping andother facilitating agencies. In addition, interactive session with the members of chamber of commerceand stock exchange are also arranged during the visit. Participants are also encouraged to join PortVisit to India / Netherlands. The Port Visit also include visits to Tanzania Chamber of Commerce,Tanzania Investment Centre, Dar-es-Salaam Stock Exchange etc.

Course Credits

Each course is of 4 credits, which is equivalent to 40 teaching hours. The faculty contact hours foreach course would be for 30 hours (3 credits) and 10 hours will be separately assigned for chatsession in each course where participants will have to interact with their coordinators (comprising 1credit).

Research Project

During Trimester-05, students would be undertaking a detailed Research Project (carrying 4 credits)on the subjects assigned to them. The schedule for research project will be indicated at the end ofTrimester-03.

Viva VoceComprehensive Viva-01 and 02 will be conducted in Trimester-03 and Trimester-06 respectively.

Dr. Surajit Mitra, Director, IIFT and Dr. Tadeo Satta, Rector, IFM, awarding MBA (IB)degree at IFM, Tanzania Campus during the 13th Convocation held on4 December 2015.

8

Admission ProcessEntry Qualifications

First Degree or Advanced Diploma (3 yearsduration) in any field.

PROGRAM FEE (for the full Program)

• Local students - Program Fee: US$ 6600 Alumni Fee: US$ 100

Total Fee: US$ 6700

Fee break-up will be as follows

PROGRAM FEE (for the full Program)

· For Tanzanians:At the time of Registration: US$ 1500 + Alumni

Fee US$ 100 = US$ 1600Start of Trimester II = US$ 900Start of Trimester III = US$ 900Total Fee of Year I = US$ 3400

Start of Trimester IV = US$ 1100Start of Trimester V = US$ 1100Start of Trimester VI = US$ 1100Total Fee of Year II = US$ 3300

· For Foreign Students:

At the time of registration: US$ 1500 + AlumniFee US$ 100 = US$ 1600Start of Trimester II = US$ 1600Start of Trimester III = US$ 1600Total Fee of Year I = US$ 4800

Start of Trimester IV = US$ 1600Start of Trimester V = US$ 1600Start of Trimester VI: = US$ 1600Total Fee of Year II = US$ 4800

For foreign students, Fee break-up will be asfollows:

· At the time of Registration: US$ 1600

· At the start of every trimester: US$ 1600

9

Program DetailsDuration:

Two years. The Program will be offered over 6 trimesters spread over two years. In each trimesterabout 5-6 courses will be offered.

Timings of the Classes: Classes are scheduled 5:30 p.m. – 8:30 p.m. from Monday to Friday.

Degree and Graduation:

MBA (International Business) degree will be awarded by the Indian Institute of Foreign Trade, NewDelhi (India) and students will have the option of Graduating at IIFT, New Delhi (India) or IFM, Dar-es- Salaam in 2018/2019.

Admission Schedule

1. Availability of Program Prospectus and Forms October 1, 2016

2. Last date of Receipt of the Application Forms January 15, 2017

3. Admission Interview January, 2017

Selection Process

Eligibility Qualification for MBA (IB) is First degree in any discipline and / or Advanced Diploma (3years duration) in any field. Selection will be done on the basis of personal interviews scheduled inJanuary, 2017.

Dr. Surajit Mitra, Director, IIFT, felicitating Shri Debnath Shaw, Indian High Commissioner toTanzania, during the conference organized by IIFT on 6th March 2015.

10

IFM InfrastructureThe sprawling campus has well-furnished class-rooms, hostels, seven modern computerlaboratories equipped with more than 200 computers on a Local Area Network, a modernAudio-Visual Aid Unit besides a well- equipped Library with volumes of books and a range ofjournals, government and World Bank publications.

HostelThere is a hostel which accommodates about 700 students. The hostel is within theInstitute’s campus which is located conveniently in downtown Dar-es-Salaam.

LibraryThe IFM library (IFML) was established in 1972. It is located on the second and third floors of the

main building, Block A. The activities of IFM library are geared towards supporting the teaching

and research activities of the Institute through the provision of textbooks, periodicals, newspapers

and other reading materials to lecturers, administrative staff, students and other needy members

of the public such as researchers, government and non-government officials

Some of the available resources at the library are:

• The African Journal of Finance and Management

• Integrated Library Management System

• Digital Repository

It is one of the premium libraries in the nation. Most of the titles in the area of Trade and

International Business is available. Institute is striving hard to continually add new titles to the

library.

Students of IFM, Tanzania at the Institute’s Library

11

Directorate of Computer Services

The Directorate of Computer Services (DCS) is responsible for designing, developing and

maintaining Information and Communication (ICT) service at IFM. Currently, the directorate

provides and supports various services including:

• Modern computers, printing, and photocopying facilities

• Free access to the internet through wired and wireless connectivity• Access to various generic and specific software packages• Development and management of IFM information systems• Development and management of the IFM digital service portal (website)• Management and development of IFM communication infrastructure including LAN andtelephone system• Management of data storage facilities and backup services• Troubleshooting and repairing of ICT equipment• User support and help desk services

The directorate also organizes and conducts general and tailor-made training in variousspecialties. Typical example include planning, development and managing computer networks,identifying and developing electronic government services (e-Government), utilization ofcomputer applications, programming, etc. the DCS is located at 4th floor of the block Abuilding at the Institute.

Students of IFM, Tanzania at the Institute’s Computer Centre

12

Prominent Alumnus

“It was a great opportunity to study MBA-IB from IIFT, it had brought meto another level where I can think and do things differently.”

---Mr. Semvua Kissenge (National Manager, Millicom Tanzania)Gold Medalist, MBA-IB, 2006-08

“I am so glad to be part of this executive group. It changed my way ofthinking and therefore how I handle problems. I have confidence inmyself.”

---Ms. Deborah MasaluAlumni, MBA-IB 2006-08

“My association with MBA-IB and the grand faculty changed my outlookand thinking process to make me a change maker to make an impact atOrganization level, Industry level and Society with a deep insight into theentire spectrum of business globally”.

--Manoj Sahu (CEO, Saini Food Products Limited)Alumni Coordinator, Dar Es Salaam,

Bronze Medalist, MBA-IB 2006-08

“The MBA-IB Programme has helped me in decision making especially inthe methods for identification and understanding market risks, includinginterest rate risks, foreign exchange risk, equity position risk andcommodity risk inherent in the banking business which I am working. Alsoit supports me on market and management decision on daily basis”. ---Mr. Juma Yamlinga

Manager, Amana BankSilver Medalist, MBA-IB 2007-09

For further information, please contact:-Dean, Faculty of Economics and Management Sciences

Institute of Financial ManagementShaaban Robert Street, P.O. Box 3918,

Dar-es-Salaam, Tanzania. E-Mail- rector@ifm.ac.tzWebsite: http://www.ifm.ac.tz/

Phone: + 255 22 211 2931-4, Fax: +255 22 212935/2122045