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Prospectus 2015-17

Indian Institute of Foreign Trade in collaboration with Institute of Finance Management New Delhi, India Dar-es-Salaam, TANZANIA

MBA(International Business)

IFM, TanzaniaIIFT, New Delhi

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From the DirectorGlobal economic scenario has witnessed considerable changes in the current vulnerable and uncertaineconomic environment. The role of business managers has become more complex and challengingrequiring high quality of management expertise, innovative skills and professionalism. IIFT, since itsinception in 1963 is actively involved in management education, research and training in the area ofInternational Business. The strength of the institute lies in the fact that it is well recognized and isconsistently ranked among top business school in Asia and India. IIFT has competent and committedfaculty, state of art infrastructure, diverse learning resources, modern pedagogy and trainingmethodology to meet the expectations of the contemporary corporate world. Our alumni occupy covetedpositions in reputed organizations in India and abroad.

Africa is fast emerging on global trade map due to abundance of natural resources, enhanced economicexpansion and diversification and increased foreign trade. World is looking at Africa as land ofopportunities and African countries are fast coming forward to take their due share in global trade,commerce and investments. In this backdrop, it has been more than a decade; IIFT & IFM have beencollaborating in fulfilling the vital skill gaps that exist in tapping of these emerging opportunities for Africancountries in general and Tanzania in particular. It is our constant endeavor to understand contemporarygeo-economic realities and offer updated courses in line with emerging requirements. MBA (IB) programof IIFT-IFM is unique as it is designed to fulfill the specialized needs in the area of international business.This course offers both procedural and technology based solutions to improve the skills sets of aspiringcandidates.

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

April, 2015Dr. Surajit Mitra

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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 forexcellence in the area of International Business Management and Strategy, which is reflectedin all the three major activities of Institutes: Research, Training and Education. The Institutehas achieved high standards of excellence, occupying unique position today as India’s onlypremier institution that focuses on International Business. The different divisions of IIFT:Graduate Studies Division, International Projects Division, Management DevelopmentPrograms, Research and International Collaborations and Capacity development division areconsistently striving for excellence and occupy a position amongst the best business schoolsin India. The Africa footprint in collaboration with IFM Tanzania is now in the twelfth year ofsuccessfully running the MBA Program. It has been well received by the Business,Government, Entrepreneurs and Stakeholders.

Chief Guest and the Honorable President of India arriving at I.I.F.T., New Delhi for its “GoldenJubilee Foundation Day” Function held on May 02, 2013.

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About IFMThe Institute of Finance Management, Dar-es-Salaam was established in 1972 by ActNo. 3 of Parliament to offer courses atboth the undergraduate and postgraduatelevels undertake research and provideconsultancy services in finance and relatedsubjects. The Institute has emerged as apremier Management Institute in AfricanRegion as it attracts students from Chad,Ethopia Ghana, Kenya, Lesotho,Mozambique, Namibia, Sierra, Leone,South Africa, Swaziland, Uganda, Zamibia,and Zimbabwe. (For more details aboutIFM, Tanzania, visit: www.ifm.ac.tz)

IFM currently has a students’ registration of approximately 7,000 pursuing one of the 17Programs in Accounting, Banking, Computing, Financial Management, Information Technology,Insurance, Tax Management, Social Security Administration and Master of Science in Finance,M.Sc., IT and Management, besides MBA(International Business) in collaboration with the IndianInstitute of Foreign Trade, New Delhi (India).

IFM InfrastructureThe Institute’s main campus is located in the heart of Dar-es-Salaam surrounded with majorcorporate offices, making it the most convenient place for the working executives and officers fortheir academic pursuit. The sprawling campus has well- furnished class-rooms, hostels, sevenmodern computer laboratories equipped with 200 computers on a Local Area Network, a modernAudio-Visual Aid Unit besides a well- equipped Library with 35,000 volumes of books and arange of journals, government and World Bank publications.

Hostel FacilitiesThere is a hostel which accommodates about 700 students. The hostel is within the Institute’scampus which is located conveniently in downtown Dar-es-Salaam.

IIFT & IFM collaboration is unique in the sense where IIFT isranked as World Class Institution in International Business; IFMhas also scaled up as most aspired academic institution in EastAfrica. Intellectual Capital of IIFT and academic infrastructure ofIFM create win-win situation for African students.

--Prof. Godwin Mjema,Director, IFM

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About MBA (International Business)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 to assistTanzania in filling the gap of trained personnel for the external sector and to enable the countryto 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 to 60.

In 2012, the MOU was renewed for a period of another 5 years under which IIFT will assist IFMto build its institutional capacity in International Business and continue to offer high qualityeducation 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 and competitiveenvironment. 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 businessenvironment, in an increasingly globalized world and to appreciate the trade relatedpolicy issues.

· To relate the management concepts to the business situations and help the participantsto develop analytical and decision skills so as to evolve effective national andinternational business strategy.

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

Program Faculty

For about 50% of the courses, faculty is drawn fromIIFT, who visit IFM for a period of 2 weeks to teachvarious course. For the remaining courses faculty isdrawn from IFM, which has about 110 full-time wellqualified and experienced professionals. Guestfaculty from Industry and trade is also invited fromtime to time.

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Course StructureTrimester I1. BS and Quantitative Techniques2. Accounting for Managers3. Principles of Management4. Micro and Macro Economics5. Business Communication

Trimester II1. Business Research Methods2. French3. Financial Management4. International Trade Logistics and operations5. Marketing Management in InternationalPerspective

Trimester III1. Perspectives on Entrepreneurship2. International Economics3. International Financial Management4. MIS and IT Applications5. Operations Management6. Comprehensive Viva (1st Year)

Trimester IV1. Tanzania Economy and Foreign Trade2. Bus. Law with Tanzania Perspective3. Global Business Environment4. International Business Strategy5. Global Sourcing6. Small & Medium Enterprise

Trimester VI1. Project Appraisal2. International Brand Management3. Consumer Behavior4. Cross Cultural Management5. Marketing of Services / Management of

Financial Services6. Comprehensive Viva (2nd Year)

Note: The Port visit will be conducted at any International location. It is compulsory for thestudents to attend the port visit and submit a report based upon their experience.

Students have to submit their synopsis during the first month of Trimester-02. A provision of eightweeks will be made for Research project submission and Viva during Trimester-05

Trimester V1. Research Project2. Port Visit & Field Visit

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Corporate & Port VisitA 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 Port Visitto India / Netherlands. The Port Visit also include visits to Tanzania Chamber of Commerce, TanzaniaInvestment Centre, Dar-es-Salaam Stock Exchange etc.

Course CreditsEach course is of 4 credits, which is equivalent to 40 teaching hours. The faculty contact hoursfor each course would be for 30 hours (3 credits) and faculty will give the students Pre-courseassignment comprising 1 credit (10 Hours).

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

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

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Admission ProcessEntry Qualifications

1. 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 +

Alumni Fee 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

Fee break-up will be as follows:

· At the time of Registration: US$ 1600

· At the start of every trimester US$ 1600

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Date of Commencement:

Duration:

Two years. The Program will be offered over 6 trimesters spread over two years. Ineach trimester about 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 ofForeign Trade, New Delhi (India) and students will have the option of Graduating atIIFT, New Delhi (India) or IFM, Dar-es- Salaam in 2017.

ADMISSION SCHEDULE

1. Availability of Program Prospectus and Forms May 2015

2. Last date of Receipt of the Application Forms 31st July 2015

3. Admission Interview August 2015

Selection Process:Eligibility Qualification for MBA (IB) is First degree in any discipline and / or Advanced Diploma (3 yearsduration) in any field. Selection will be done on the basis of personal interviews scheduled in August2015.

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IFM InfrastructureLibrary

The library started in 1972 by the establishment of the Institute, serving many users ata time. It is located on the second and third floors of Block A. It has six sectionsnamely• Acquisitions

• Cataloguing

• Lending

• Special Reserve

• Periodicals

• Government Publications and World Bank Publications.It is one of the premium libraries in the nation. Most of the titles in the area ofTrade and International Business is available. Institute is striving hard to continuallyadd new titles to the library.

Directorate of ComputerServices

The Directorate of Computer Services(DCS) is responsible for designing,developing and maintainingInformation and Communication (ICT)service at IFM. Currently, thedirectorate provides and supportsvarious services including:• Modern computers, printing, andphotocopying facilities

• Free access to the internet through

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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 LANand telephone 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 invarious specialties. Typical example include planning, development and managingcomputer networks, identifying and developing electronic government services (e-Government), utilization of computer applications, programming, etc. the DCS islocated at 4th floor of the block A building at the Institute.

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Chief guest and Hon'ble Vice President of India Shri M. Hamid Ansari, awarding medals at theIndian Institute of Foreign Trade, New Delhi for its 48th Convocation held on April 17, 2014.

For further information, please contact

The Director, Graduate SchoolInstitute of Financial Management

Shaaban Robert Street, P.O. Box 3918,Dar-es-Salaam, TANZANIA

Phone: + 255 22 211 2931-4, Fax: +255 22 212935/2122045Email: dgs_ifm@yahoo.com, principal@africaonline.co.tz www.ifm.ac.tz