Master of Science in Development Finance (MDF)
Strathmore University Business School’s MSc. Development Finance will deal with the main issues associated with the finance of the public and private sectors in developing and transitional economies.
The intention is to provide essential skills which equip graduates for successful careers in public finance, bank and non-bank financial institutions, international finance organizations, and agencies, academic and research institutions and NGOs.
The programme includes an analysis of both the formal and informal financial sectors, policies to promote financial inclusion, clients’ financial service needs, institutional design and financial reforms.
The MSc. Development Finance will also have a strong practice-oriented approach which will be reflected in the use of case-studies.
By the end of the programme, the learner should be able to:
1. Describe how international business is carried out and its importance in development.
2. Design research that will contribute to development.
3. Appraise tools and methods used in development finance.
4. Apply strategies in the private and public sectors that promote sustainable development.
5. Apply ethical practices in evaluating governance issues, regulations and conduct of activities relating to development finance.
6. Develop the ability to progress to higher-level degrees such as PhD.
The program aligns learning outcomes with relevant courses across two years, covering areas like Micro-Enterprise Finance, Development Economics, Financial Risk Management, International Trade, and more.
Uses a participant-centered learning approach, including face-to-face lectures, experiential learning, and site visits, tailored to the needs of professionals in the field.
Practitioners and non-practioners in both public and private sectors who are keen on acquiring skills and knowledge to contribute to and transform both the financial and non-financial sectors in Africa and beyond.
The following can apply: practitioners, Development Finance Practitioners, Civil Servants, Staff of Development Finance Institutions, Staff of Other Financial Institutions, Banks, Entrepreneurs, accountants, Staff of NGOs, and Staff in the Private Sector.
a) Holders of a Bachelor’s degree in Economics, Commerce, Accounting, Finance or other related degrees with sufficient quantitative background or;
b) Holders of other non-finance related disciplines that are acceptable by the Academic Council with at least 2 years work experience in finance-related work with good quantitative background
Applicants will also be required to attend and pass an oral interview and a Graduate Entrance Examination (GEE).
The focus of the entrance examination is verbal, critical reasoning and quantitative analysis, which are key attributes required for success in development finance.
Application forms are available at the SBS office or can be downloaded from our website.
Send the completed form with:
- your CV
- two reference letters (one academic and one personal/employer),
- copies of your degree certificates and transcripts and
- 2 passport-size photographs
to: developmentfinance-admissions@strathmore.edu
You may also leave your fully completed application form at our offices at Strathmore University Business School
