PRG FINANCE 2010 - Kigali Independent University ULK

KIGALI INDEPENDENT UNIVERSITY (ULK)FACULTY OF ECONOMICS AND BUSINESS STUDIESP.O. BOX. 2280Tel (250) 0788303668, 0788304081, 0788304086, 0788304084, 0788303668E-mail : rector@ulk.ac.rw; deanfesmkigali@ulk.ac.rw;deanfesmgisenyi@ulk.ac.rwWebsite : www.ulk.ac.rwPROPOSED PROGRAMME - FINANCEKIGALI, SEPTEMBER 2010

CONTENTSPROGRAMME PROPOSAL FORM ......................................................................................... 3MODULES DESCRIPTIONS IN YEAR 1 ECONOMICS AND BUSINESS STUDIES (EBS)....................................................................................................................................................... 21MODULES DESCRIPTIONS IN YEAR 2, FINANCE ........................................................... 73MODULES DESCRIPTIONS IN YEAR 3, FINANCE ......................................................... 123MODULES DESCRIPTIONS IN YEAR 4, FINANCE ......................................................... 172ULK FINANCE PROPOSED PROGRAMME 2

Republic of RwandaNational Council for Higher EducationPROGRAMME PROPOSAL FORM1. PROGRAMME DETAILS1 Programme Title Finance2 Exit Awards Bachelor’s Degree in Finance3 Modes of Attendance_________________________4 Resource group:(See Notes of Guidance)Part-time Full-time ×Distance Learning Work-basedOther (pleaseShort course1Learning5specify)2 63 Other (write in)45 First year of presentation2011Current Session(short courses only)ULK FINANCE PROPOSED PROGRAMME 3

1. PROGRAMME FUNDING AND ADMINISTRATION1 ProgrammeOrganiser/Leader:KIGALI INDEPENDENT UNIVERSITY ( ULK)2 Programme Development TeamName(Chair and othermembers)Faculty of Economics and Business Studies1.Dr. KAAYA Siraje ( Dean of the Faculty, Kigali Campus)2. Dr. SSEMWAGA Andrew (Dean of the Faculty, GisenyiCampus)3.Mr. NDABATEZE Abraham ( HOD, Kigali Campus)4.Mr. MUGABO Jean Paul (HOD, Gisenyi Campus)5.Faculty Council Members(Kigali & Gisenyi Campuses)(LibraryRepresentative)(CIT CentreRepresentative)(Quality OfficeRepresentative)Mr. RUDASINGWA Justin, Director, Library (Kigali Campus)Mr. RUKANIKA Léonard, Director, Library (Gisenyi Campus)Dr. NDAYAMBAJE Pius, Dean, Faculty of Science &TechnologyMr. OKOKO OSAMBO, Director, Quality Assurance3 Faculty/ School/Centre administratively responsible for the programmeFACULTY OF ECONOMICS AND BUSINESS STUDIESULK FINANCE PROPOSED PROGRAMME 4

Authorities ConcernedDate1 SignatureDr. KAAYA Siraje , Dean of Faculty ( Kigali Campus)SignatureDr. SEMWANGA Andrew, Dean of Faculty ( Gisenyi Campus)2SignatureMr. NDABATEZE Abraham, HOD ( Kigali Campus)SignatureMr. MUGABO Jean Paul, HOD ( Gisenyi Campus)3 SignatureDr. GASIBIREGE Rose, Vice Rector Academics( Kigali Campus)Campus) SignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice Rector Academics (Gisenyi4 Campus) SignatureMrs. NYIRASHYIRAMBERE M. Louise, Vice Rector Adm.& Fin.( KigaliCampus) SignatureMr. MANZI BALINDA William, Vice Rector Adm. & Fin. ( Gisenyi Campus)5 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureMr. RUDASINGWA Justin, Director, LibrarySignatureMr. RUKANIKA Léonard, Director, Library (GisenyiCampus) SignatureDr. Pius, Dean, Faculty of Science& TechnologySignatureMr. OKOKO OSAMBO, Director, Quality AssuranceFOR PUBLIC AND PRIVATE PROVIDERSULK FINANCE PROPOSED PROGRAMME 5

5 Projected student numbers –Private:LEVELFulltimeParttimeFulltimeParttimeFulltimeParttimeFulltimeParttimeParttimeParttimeLevel 1 ×Level 2 ×Level 3 ×Level 4 ×Level 5 ×TOTAL6 WILL THE PROGRAMME BE RESOURCED FROM THE EXISTINGRESOURCES OF THE CONTRIBUTING FACULTY(S), SCHOOL(S),CENTRE(S)?YES × NOIf ‘No’ please indicate the resource requirements, including the proposed sourceof funding.ULK FINANCE PROPOSED PROGRAMME 6

7. STAFFING (numbers of staff at each grade – or estimate)Year1 2 3 4 SOURCEOF FUNDSAcademic Staffing 13 16 13 12 ULKFull professors 1 ULKAssociate professors 1 ULKSenior lecturers 1 ULKLecturers 11 ULKAssistant lecturersULKTutorial assistants(Other – e.g. short-termexpatriate)Support StaffTechnical & Other StaffEquipmentLibraryOtherULKULKULKULKULKULK8 General accommodation requirements(Please give details of the classroom and laboratory space required to deliver theprogramme and whether the space is currently available)THE SPACE IS CURRENTLY AVAILABLEULK FINANCE PROPOSED PROGRAMME 7

3. PROGRAMME BACKGROUND, RATIONALE AND INDICATIVE CONTENTA recent survey from the World Bank shows that Rwanda is making considerable effortsto align its auditing (and also financial) practices with internationally acceptedstandards, theories and codes. However, it has been observed that there are varyingcompliance gaps related to, as far as the practice is concerned, into the country. Thesegaps stem from inadequate understanding of auditing (and also financial issues) by thesmall group of accountants, auditors and finance-practitioners who have, until recently,served as the promoters of national accountancy, auditing and Finance. Shortcomingsin professional accountancy, auditing and finance education and training are the keyfactor behind this. 1The proposed ULK Finance programme is intending to contribute towards filling thisgap.The choice of this programme has also been motivated by the following main factors: Responding to the request from many Rwandan and East African citizenswishing to study Finance; The availability of qualified Finance lecturers in the country; The desire to provide the country with sufficient human resources skilled invarious Finance, thus, contributing to address pillars 2, 3 and 6 of Vision 2020(Human Resource Development and a knowledge based economy; A privatesector –led economy and Regional and international Economic Integration)Our programme’s courses are similar to those of the East African Universities, theNational University of Rwanda, other National, Private and International Universities.However, some courses are improved with an emphasis on the moral values and thequality of the practical knowledge.The general aim of this programme is to provide students with a solid training andeducation in Finance. As per the programme specification and its modules descriptionslearning outcomes, we are to put an emphasis on the relationship between what istaught and the actual reality in the Rwandan environment and the region as a whole.The theories of courses, the practical assignments and exercises allow the students to:1 The World Bank. Report on the observance of standards and codes (ROSC): Republic of Rwanda, Accounting andAuditing, retrieved from http://www.worldbank.org/ifa/RWANDA--ROSC--AA.pdf. 25 th September 2010.ULK FINANCE PROPOSED PROGRAMME 8

Acquire and master the concepts, the fundamental principles and theappropriate techniques and practices of Finance.Perform a deep analysis of real situations and find operational solutions tochallenging situations;Have sufficient skills for effective services to be rendered within both publicand private organizations.Based on the decision of our University to adopt the reformation suggested by theNational Council for Higher Education (NCHE), all programmes are made up ofmodules, each module being a set of one, two or three units according to therelationships of various courses.The following texts and tables present each class’s modules. All programmes arescheduled in forms of modules.Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the modules in the above Department, studentsshould be able to demonstrate knowledge and understanding of: Principles of each Module in the department. Finance theories and practices The Finance environments. Financial Issues.ii) Cognitive/Intellectual skills/Application of KnowledgeULK FINANCE PROPOSED PROGRAMME 9

Having successfully completed all the modules in their respective departments,students should be able to:Apply principles and theories of Finance in industrial, commercial, non-for-profitand governmental organizationsApply Principles and theories of Finance in any working environmentApply Finance principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed all the modules in this department, studentsshould be able to:‣ Practice fundamentals and advanced principles and theories of finance‣ Plan strategically, tactically and operationally, to organize, to supervise and tocontrol in any Finance environment‣ Teach or communicate to others all principles of financial management andapply them in a working environment.‣ Explain different theories and practices of Finance.‣ Explain Financial Management skillsiv) General transferable skillsHaving successfully completed all the modules in this department, students should beable to: Demonstrate Financial Management skills in a working environment (being publicor private sector) Demonstrate conceptual, planning, organizing, coordinating and controlling skills inany environment of Finance. Demonstrate teamwork skills in a working environment Demonstrate decision making in Financial skillsCOURSES PROGRAMME IN YEAR 1 ECONOMICS AND BUSINESS STUDIES (EBS)ULK FINANCE PROPOSED PROGRAMME 10

NoModuleCodeModule Title Credits Hours1 EBS 101 Development Theories 12 120Unit 1: Community Development 4 40Unit 2: Gender Development 4 40Unit 3: Rural Development 4 402 EBS 102 English Skills 12 1203 EBS 103 Principles of Economics 12 120Unit 1: Principles of Economics 8 80Unit 2: Rwandan Economy 4 404 EBS 104 Applied MathematicsUnit 1: General MathematicsUnit 2: Applied Mathematics126612060605 EBS 105 Statistics 12 1206 EBS 106Financial Accounting12120660Unit 1.Principles of Accounting660Unit 1.Intermediate Accounting7 EBS 107 Ethics, Rwandan Culture and CivicEducation12 1208 EBS 108 Introduction to Scientific Skills 12 120Unit 1: Introduction to research Methodology 6 60ULK FINANCE PROPOSED PROGRAMME 11

Unit 2: Intro. ICT Skills 6 609 EBS 109 Principles of Management 12 12010 EBS 110 Financial Mathematics & QuantitativeMethods12 120Unit 1: Financial Mathematics 6 60Unit 2 : Quantitative Methods 6 60Total 120 1200ULK FINANCE PROPOSED PROGRAMME 12

COURSES PROGRAMME IN YEAR 2, FINANCECode Courses (Modules and Units) Credits Hrs1. FIN201 Cost and Management AccountingUnit 1: Cost AccountingUnit 2: Management Accounting2. FIN202 Corporate, Business Law & TaxationUnit 1: Corporate & Business LawUnit 2: Taxation3. FIN203 Macro and MicroeconomicsUnit 1: MacroeconomicsUnit 2: Microeconomics4. FIN204 Organizational Human ResourceAspectsUnit 1: HRMUnit 2: Organization Behaviour5. FIN205 Marketing, Production &operationsmanagementUnit 1: Marketing mgtUnit 2: Production, Operations Mgt &Logistics157.57.5157.57.5157.57.5157.57.5157.57.5150757515075751507575150757515075756. FIN206 Financial Management 15 1507. FIN207 Financial Reporting & AnalysisUnit1: Financial Reporting157.515075ULK FINANCE PROPOSED PROGRAMME 13

Unit 2: Financial Analysis 7.5 758. FIN208 General skills 1Unit 1: Computer skillsUnit 2: English skills157.57.51507575TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 14

COURSES PROGRAMME IN YEAR 3, FINANCE3rd year Finance Credits Hours1. FIN301 Money and BankingUnit 1: Monetary PolicyUnit 2: Banking2. FIN 302 Audit & InsuranceUnit 1: AuditingUnit 2: Insurance3. FIN303 State Owned Enterprises mgt and I.B.EUnit 1: State Owned Enterprises ManagementUnit2: Intern. Business Environment157.57.51596157.57.51507575150906015075754. FIN304 Corporate Governance 15 1505. FIN305 Working Capital Management & BusinessstatisticsUnit 1: Working Capital ManagementUnit 2: Business Statistics6. FIN306 Entrepreneurship & SMEUnit 1: EntrepreneurshipUnit 2: Small and Medium Eses Management7. FIN307 Operational and Research MethodologyUnit 1: Operational Research157.57.5157.57.5157.51507575150757515075ULK FINANCE PROPOSED PROGRAMME 15

Unit 2: Research Methodology 7.5 758. FIN308 General SkillsUnit 1: Computer skillsUnit 2: English skills157.57.51507575TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 16

COURSES PROGRAMME IN YEAR 4, FINANCE4th year Finance Credits Hrs1. FIN401 Security Analysis and Portfolio ManagementUnit 1: Portfolio ManagementUnit 2: Security Analysis126612060602. FIN402 Advanced Financial Analysis & Interpretation 12 1203. FIN403 International Finance 12 1204. FIN404 Management Control 12 1205. FIN405 Quality & Risk ManagementUnit 1: Quality ManagementUnit 2: Risk Management6. FIN406 Financial Markets and InstitutionsUnit 1: Financial MarketsUnit 2: Financial Institutions12661266120606012060607. FIN407 Project Management 12 1208. FIN408 General skillsUnit 1: Computer (Financial software Application)Unit 2: English skills126612060609. FIN409 Internship 12 12010 FIN410 Dissertation 12 120TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 17

4. UNIT APPROVALFaculties/Schools/Centres contributing to Programme (this table should be signed by the Deans/Headsof all Units contributing to the programme to confirm agreement with the proposal).Faculty Dean /Director Date1 SignaturePrint Name: Dr. KAAYA Siraje, Dean, FECB(Kigali)Dr. SEMWANGA Andrew, Dean , FECB(Gisenyi)2 SignaturePrint Name: Mr. NDABATEZE Abraham, HOD BS KigaliMr MUGABO J Paul, HOD Gisenyi3 SignaturePrint Name: Mrs. GAJU Brigitte, HOD Econ.( EBS Year 1)Mr RUTERAHAGUSHA Rogers4 SignaturePrint Name: Faculty Council MembersSeen and notedLibraryICTQuality OfficeSignaturePrint Name: Mr. RUDASINGWA Justin, DirectorSignaturePrint Name: Dr. NDAYAMBAJE Pius, Dean, FSTSignaturePrint Name: Mr. OKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 18

5. CENTRAL AUTHORISATIONResources Confirmation Mrs. NYIRASHYIRAMBERE M. LouiseDate: __________Vice Rector Administration and Finance( ULK Kigali)Mr. MANZI BALINDA WilliamDate: __________Vice Rector Administration and Finance ( ULK Gisenyi)Approved Dr. GASIBIREGE Rose Date: __________Vice Rector Academics ( ULK Kigali)Prof. Dr. NKURINZIZA Jean PierreDate: __________Vice Rector Academics (ULK Gisenyi)Approved Senate Prof. Dr. NGAGI Alphonse Date: -------------------ChairULK FINANCE PROPOSED PROGRAMME 19

Republic of RwandaNational Council for Higher EducationFINANCEYEAR 1MODULES DESCRIPTIONSFORMSULK FINANCE PROPOSED PROGRAMME 20

MODULES DESCRIPTIONS IN YEAR 1 ECONOMICS AND BUSINESS STUDIES (EBS)NoModuleCodeModule Title Credits Hours1 EBS 101 Development Theories 12 120Unit 1: Community Development 4 40Unit 2: Gender Development 4 40Unit 3: Rural Development 4 402 EBS 102 English Skills 12 1203 EBS 103 Principles of Economics 12 120Unit 1: Principles of Economics 8 80Unit 2: Rwandan Economy 4 404 EBS 104 Applied MathematicsUnit 1: General MathsUnit 2: Applied Maths126612060605 EBS 105 Statistics 12 1206 EBS 106Financial Accounting12120660Unit 1.Principles of Accounting660Unit 1.Intermediate Accounting7 EBS 107 Ethics, Rwandan Culture and CivicEducation12 1208 EBS 108 Introduction to Scientific Skills 12 120ULK FINANCE PROPOSED PROGRAMME 21

Unit 1: Introduction to research Methodology 6 60Unit 2: Intro. ICT Skills 6 609 EBS 109 Principles of Management 12 12010 EBS 110 Financial Mathematics & QuantitativeMethods12 120Unit 1: Financial Mathematics 6 60Unit 2 : Quantitative Methods 6 60Total 120 1200ULK FINANCE PROPOSED PROGRAMME 22

MODULE 11. Module code EBS 101 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title: DEVELOPMENT THEORIES3.Level: 1 Semester: 1 Credits:_ 12 __4. First year of presentation: __2011_ Administering Faculty:..... ECONOMICS ANDBUSINESS STUDIES5.Pre-requisite or co-requisite modules, excluded combinations* Secondary school6. Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours40 6010 1020 2010 10Staffhours10 ______10 ______10 1010 10120 1206.1 Brief description of aims and content (not more than five lines)To provide an understanding on different theories of development, the importance of developmentin the field of economics, as well as the need for community development in Rwanda. The modulealso aims at providing a clear knowledge about community development, good knowledge in ruraldevelopment, knowledge on gender and gender issues worldwide, regionally as well as nationally,the different problems among the gender, the different approaches of women in development andto make students understand that English is a vital working tools globally.ULK FINANCE PROPOSED PROGRAMME 23

6.2 Learning Outcomesa) Knowledge and UnderstandingHaving successfully completed the module, students should be able todemonstrate knowledge and understanding of:Understand the different theories of development as well as the importance ofdevelopment in the field of economicsUnderstand the need for community development in RwandaHave a clear knowledge about community development and develop the society of thenationTo find a good knowledge in rural development and try to develop the agricultural sectorHave a clear knowledge on gender and gender issues worldwide, regionally andnationally, analyse the different problems among the genderAnalyse the different approaches of women in development and working with group inthe communityb) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the different theories of development, particularly the basics of their modelsParticipate in community development problems solving fora in RwandaParticipate in rural development and agricultural sector problems solving fora in RwandaParticipate in gender and gender issues problems solving fora in Rwanda7. Indicative Content1. Introduction2. Development theories in the history of economics3. ADAM SMITH’S classical economic development theory4. Modernisation theory5. KARL MARX theory of growth6. Dependency theory7. Balanced growth theory8. Unbalanced growth theory9. The BIG PUSH Theory10. ROSTOW’S theory of economic growthPART 1: Introduction1. Introduction2. Origin of community developmentULK FINANCE PROPOSED PROGRAMME 24

3. Main characteristics of community development4. Major role players in community development5. Problems of community development programmePART 2: working with community1. How to learn about a community2. Approach for visit families and places for CD3. Factors that need to learn about a community4. Relationship between different groups and families5. Organisation which are related to do community work6. Home visits7. Home visit record8. Activity9. Community development: case studiesPart 3: Rural development1. Introduction2. Components of rural development3. Poverty4. Povert in Africa5. Rural poverty6. Women and poverty7. Rural credit8. Classification of rural credit9. Approaches to the eradication of poverty10. Participatory rural appraisal11. The important role of rural women12. Rural development and the environmentPart 4: Gender and development1. Introduction2. Definition3. Women development and theory4. Feminist stand point theory5. Women in development (WID)ULK FINANCE PROPOSED PROGRAMME 25

6. Gender and development (GAD)7. The triple role of women8. Strategic and practical development need for women9. Approaches to women in development10. Development schemes for women11. The gender gap: women and education12. Millennium development goals for female education13. Women in the informal sectoral7. Learning and Teaching StrategyStudent centred:-Face to face lectures-giving students research topics- Workshops and conferences8. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module9. Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysisPresentations40% I,ii,iii,ivFinal assessment:End-of-SemesterExamination60% I,ii,iii,ivULK FINANCE PROPOSED PROGRAMME 26

10 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available11. Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)TODARO, M. and SMITH, S. C. 2008. Economic Development. Addison WelleyMACKINNON, D. and CUMBERS, A. 2007. An introduction to economic geographyglobalisation uneven development and place . Prentice HallSCHILLER, B. 2008. The Economics of Poverty. Prentice HallSTUTZ, F. and WARF, B. 2007. The World Economy. Prentice HallWEIL, D. 2009. Economic Growth. Addison WelleyKey websites and on-line resourceshttp//:www.ulk-kigali.net/ulkcoursA Personal Computer as well as a projector will be required, in class, during the face to facelectures.12. Teaching TeamProf. Dr. RUFUS JEYAKUMARRUHARA CHARLESRICHARD KABANDAULK FINANCE PROPOSED PROGRAMME 27

13. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean,Science& TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 28

MODULE 21. Module code EBS 102 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:. ENGLISH SKILLS3.Level: 1 Semester: 1 Credits:_ 12 __4. First year of presentation: __2011_ Administering Faculty:..... ECONOMICS ANDBUSINESS STUDIES5.Pre-requisite or co-requisite modules, excluded combinations* Secondary school6. Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours40 6010 1020 2010 10Staffhours10 ______10 ______10 1010 10120 1206.1 Brief description of aims and content (not more than five lines)The module aims at:-Providing students with sufficient knowledge in the four language skillsListening, Speaking, Reading, Writing, and availing students with techniques incorrespondence and communication, letter writing, Memorandum, report writing,and minutes of meeting compiling.ULK FINANCE PROPOSED PROGRAMME 29

-To make students understand that English is a vital working tools globally.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able todemonstrate knowledge and understanding of:The fundamental knowledge in English letter writing and other business documentarywritings, and the importance of English in generalii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the English language skills in the day-to-day life.iii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:- Manage to express themselves wherever they go, and in whatever the students do inEnglish languageiv)General transferable skillsHaving successfully completed the module, students should be able to:Cope up with the English speaking community7. Indicative Content- Language practice-The continuous use of the English language in an intensive way8. Learning and Teaching Strategy-Student centred:-Face to face lectures-giving students research topics- Workshops and conferencesULK FINANCE PROPOSED PROGRAMME 30

9. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10. Assessment PatternConmponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysisPresentations40% I,ii,iii,ivFinal assessment:End-of-SemesterExamination60% I,ii,iii,iv11. Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12. Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)- Dern, DP. 1994. The internet guide for new users. New York: McGraw-Hill.- Amend, Robert H&Schrader, Micheal A. 1994. Media for business. Knowledge industrypublication.- - Ashley, A. 1993. A handbook of commercial correspondence. Workout Oxford: Universitypress.- - Burton, SH. 1987. Workout English GCSE. Avon: Macmillan Educational.ULK FINANCE PROPOSED PROGRAMME 31

- Naterop, Bertha, Weis, Erich and Haberfellner, Eva1996. Business letter for all. Oxford:University press- Roach, John, M. 1995. Writing better letters, Reports, and Memos. Amacom.- Sillars, Stuart 1988. Success in communication. London: John Murray.Key websites and on-line resourceshttp//:www.ulk-kigali.net/ulkcoursLaboratory space and equipmentThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face toface lectures.13. Teaching TeamDr KAAYA SirajeRWIRASIRA EugeneNDYANABO DianahMILLYCENT SamiahNIZEYIMANA SylvainNJOROGE TimULK FINANCE PROPOSED PROGRAMME 32

14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean,Science& TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 33

MODULE 31. Module code EBS 103 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:. PRINCIPLES OF ECONOMICS3.Level: 1 Semester: 1 Credits:_ 12 __4. First year of presentation: __2011_ Administering Faculty:..... ECONOMICS ANDBUSINESS STUDIES5.Pre-requisite or co-requisite modules, excluded combinations* Secondary school6. Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudentHours40 6010 1020 2010 1010 -10 -10 1010 10120 120Teacher’sload6.1 Brief description of aims and content- The course of Principles of economics studies the general notions of economics as well asmicroeconomics and macroeconomics. It presents the evolution of economic thought fromthe early period to 1990’s. It also presents the principal doctrines through different periods.The Rwandan economy partULK FINANCE PROPOSED PROGRAMME 34

- Provide the student with a general view of the state of the Rwandan economy- Impart to the student the capacity to undertake basic analysis and critical thinking oneconomic matters concerning their country- Challenge the students to work to find solutions to the economic problems facing theircountry6.2 Learning Outcomesa) Knowledge and UnderstandingOn successful completion of the module students will understand about:- Consumer behaviour analysis- Market structure and equilibrium- Production factors remuneration- Money- Principal macroeconomic aggregatesb) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:- Analyse, and understand the process through which the consumer maximise hissatisfaction;- Analyse, and understand the process through which the producer maximise his profit;- Discuss and explain issues related to money and inflation;- Understand the role of loan in an economyc) Communication/ICT/Numeracy/Analytical Techniques/Practical SkillsThis module will develop the following personal skills:Students will develop problem-solving and independent study skillsUse of Website will develop IT skillsd) General transferable skillsHaving successfully completed the module, students should be able to:Explain and apply economic theories in analysis of specific phenomena.7.. Indicative Content7.1. Principles of EconomicsULK FINANCE PROPOSED PROGRAMME 35

Part 1: GENERAL INTRODUCTION1. WHAT IS ECONOMICS?- Definition of Economics- Economic science : Microeconomics and Macroeconomics- Economic Science Genesis and Economic Circuit- Economic systems and regimes- The economic Problem : Limited resources and unlimited wantsPart 2: INTRODUCTION TO MICROECONOMIC THEORY1. DEMAND AND SUPPLY- The law of demand and supply- Demand and supply curves- A change in demand and supply- Market equilibrium: price adjustments- The price Elasticity of demand2. UTILITY, PREFERENCE AND CHOICES- Cardinal and Ordinal utility approaches- Total utility and Marginal utility- The budget equation (constraint)- Preference and indifference curves- Marginal rate of substitution- The utility maximizing choice3. THEORY OF PRODUCTION- The firm and its economic problem: the firm’s goal, measuring a firm’s profit- Perfect competition: the firm’s decisions in perfect competition- Introduction to the concepts of Monopoly and oligopolyPart 3: INTRODUCTION TO MACROECONOMIC THEORY- Definition, origin and issues of Macroeconomics- Introduction to macroeconomic aggregates- Measuring GDP, Economic growth, Money, Inflation and Balance tradeULK FINANCE PROPOSED PROGRAMME 36

7.2. Rwandan EconomyChapter 1: Introduction1.1 Defining an economy, economic agents and economic activity1.2 Economic sectors1.3 Economic measuresChapter 2: Profile of the Rwandan Economy2.1 Brief Description of Rwanda2.2 Rwanda in figures, Key economic indicatorsChapter 3: The Rwandan Agricultural sector3.1 The crop sub-sector3.1.1 Constraints in the crop subsector3.2 Livestock sector3.2.1 Constraints in the livestock sub-sectorChapter 4: Rwanda’s Secondary sector4.1 Manufacturing4.2 Mining and Energy4.3 Construction and public worksChapter 5: Rwanda’s Tertiary sector5.1 Trade5.2 Tourism5.2.1 Tourism development policy5.2.2 Constraint and investment opportunities in the Tourism sectorChapter 6: The State of Poverty in Rwanda6.1 Context of poverty in Rwanda6.2 Incidence of poverty in Rwanda6.3 characteristics of poor households6.4 Major causes of poverty in RwandaULK FINANCE PROPOSED PROGRAMME 37

6.5 Poverty reduction strategies in RwandaChapter 7: Rwanda’s development strategy7.1. Long term strategies7.2 Medium term strategies8 Learning and Teaching StrategyThe course will be presented by the lecturer face to face including discussions based onconcrete examples that will stimulate students to have idea on a number of practical cases.9 ASSESSMENT STRATEGYStudents will be given specific case studies and opportunity for discussions;They will be assessed through directed and self guided coursework;In class or during course work presentation, students will be asked to react, explainingsome different aspects of the course ;They will sit for one or two exams.10 ASSESSMENT PATTERNComponent Weighting (%) Learning objectivescoveredContinuousassessments40 A,b,c,dFinal assessment: 60 A,b,c,d11. STRATEGIES FOR FEED-BACK FROM STUDENTS AND FOR ENABLING THEMATTENDING CLASSES- Students will be presenting in groups and each of them will have his own part to present- The lecturer will react on students’ answers by correcting or congratulating them.ULK FINANCE PROPOSED PROGRAMME 38

12. PROPOSED REFERENCES- HUBBARD, A and O’BRIEN,A. 2007. Essentials of Economics. Prentice Hall- CASE, K. and FAIR, R. C. 2007. Principles of Economics. Prentice Hall- STIGLITZ, J. 2000. Principles of Economics, D Boeck Université, Paris- Basle M. 1994. History of Economic Thought, Paris- Mankiw N.G. Principles of Economics, …13. The Lecturer or team of lecturersProf. Dr. RUTAZIBWA GérardRUHARA CharlesKABANDA Richard14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 39

MODULE 41. Module Code: ___EBS 104 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ APPLIED MATHEMATICS3.Level: 1 Semester: 1 Credits:_12___4.First year of presentation: 2011STUDIESAdministering Faculty: ECONOMICS AND BUSINESS5.Pre-requisites : Mathematics course : Secondary school6.Allocation of study and teaching hoursTotal student hours _100___________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:Staff hoursStudent hours40 6010 1020 2010 1010 -10 -10 1010 10120 1206.1 Brief description of aims and content‣ To enable student to do the complete study of a real function.To solve the logarithmic and exponential equations in R.‣ To compute and evaluate the integrals of real functions6.2 Learning Outcomesi) Knowledge and UnderstandingULK FINANCE PROPOSED PROGRAMME 40

Having successfully completed the module, students should be able to demonstrate knowledgeand understanding of:‣ To make the complete study of a real function‣ To solve in R the logarithmic and exponential equationsTo calculate the integrals of real functionsii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:To manage to apply the various formulas solve some economic and managerial problemsiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students will be able to teach others on what is related to Applied Mathematics.iv) General transferable skillsHaving successfully completed the module, students should be able to:‣ Share skills in those studied courses.7. Indicative ContentChapter 1: Reminders about sets theory and functionsChapter 2: Study of real functionsChapter 3: Exponential and logarithmic functions and equationsChapter 4: Integration of real functions8. Learning and Teaching Strategy‣ After each theory presented, complete examples and exercises applied to Economicsand Management will be given‣ The students will solve exercises at the end of each chapter in group works and thelecturer will be supervising them.9. ASSESSMENT STRATEGYULK FINANCE PROPOSED PROGRAMME 41

‣ Many exercises on all chapters seen will be solved by the students as practicalassignments and those exercises will be marked.‣ A final exam will be scheduled and it will concern all the chapters.10. ASSESSMENT PATTERNComponentWeighting(%)Learning objectivescoveredAssignment 40% I,ii,iii,ivFinal assessment 60% I,ii,iii,iv11. Strategy for feedback and student support during module‣ lnteractions between teacher and students‣ Hopping to get responses from students12. Indicative Resources Jacques,I. 2007. Mathematics for Economics and Business.Prentice Hall Comes A et Bargues, Mathematiques-Terminales C et D, Tome 1, Vuibert, Paris, 1973. Demidovic B.P, Exercices et problemes d’analyse, ed Sciences, Moscou, 1969. Archinard Gabriel et Guerrien Bernard, Analyse mathematique pour economistes, courset exercices corriges, 4eme edition, Economica, Paris,1942. Esch Louis, Mathematiques pour economistes et gestionnaires, ed. De Boeck,Bruxelles,1992Websites ou ressources électroniques importanteshttp//www.ulk-kigali.net/ulk cours13. TEACHING TEAMDr MINANI FroduardNDABATEZE AbrahamULK FINANCE PROPOSED PROGRAMME 42

KABANDA RichardMUTSINZI Cyrille14. UNIT APPROVALDeans and Heads of all Departments contributing to the program to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 43

MODULE 51. Module code EBS 105 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title: STATISTICS3.Level: 1 Semester: 2 Credits:_ 12 __4. First year of presentation: __2011_ Administering Faculty:..... ECONOMICS ANDBUSINESS STUDIES5.Pre-requisite or co-requisite modules, excluded combinations* Secondary school6. Allocation of study and teaching hoursTotal student hours _100___________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:Staff hoursStudent hours40 6010 1020 2010 1010 -10 -10 1010 10120 1206.1 Brief description of aims and content‣ To enable student to understand and interprete t- statistics‣ To apply t- statistics in research worksULK FINANCE PROPOSED PROGRAMME 44

6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to:‣ To construct a statistical series one digit and do its graphical representation‣ To determine and interprete the correlation for a bivariate distribution and regression lineby the Least Ordinary Squares methodii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:To manage to apply the various formulas in the decision making in various fields.iii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students will be able to teach others on what is related to descriptive statistics .iv) General transferable skillsHaving successfully completed the module, students should be able to:‣ Share skills in those studied courses.7. INDICATIVE CONTENTChapter 1: GeneralitiesChapter 2: Statistics series with one digit or one variableChapter 3: Graphs representation of a distribution of one setChapter 4: Measures of a statistical distribution of one setChapter 5: Statistical distribution of two variables (Bivariate distribution)8. LEARNING AND TEACHING STRATEGY‣ After each theory presented, complete examples and exercises will be givenULK FINANCE PROPOSED PROGRAMME 45

‣ The students will solve exercises at the end of each chapter in group works and thelecturer will be supervising them .9. ASSESSMENT STRATEGY‣ Many exercises on all chapters seen will be solved by the students as homework andthose exercises will be marked.‣ A final exam will be scheduled and it will concern all the chapters.10. ASSESSMENT PATTERNComponentWeighting(%)Learning objectivescoveredAssignment 40% I,ii,iii,ivFinal assessment 60% I,ii,iii,iv11. STRATEGY FOR FEEDBACK AND STUDENT SUPPORT DURING MODULE‣ lnteractions between teacher and students‣ Hopping to get responses from students12. INDICATIVE RESOURCES Barrow, M. 2006. Statistics for Economics, Accounting and Business Studies. PrenticeHall Baillargeon G. et Rainville J. Statistique appliquée ; Tests statistiques ; Régression etcorrélation, ed. SMG, Trois rivières, Québec, 1977 Cartier J. et Alic, inference statistique, d. Sciences et culture, Inc, Montreal, 1977 Dagnelie P., théorie et methodes statistiques, Vol 1, La statistique descriptive et lesfondements de l’inference statistique, PAG, Gembloux, 1984 Murray R. Spiegel, Théorie et applications de la Statistique, Serie Schaum, MC GRAWHILL, Paris, 1990 Parreins G., Techniques statistiques, moyens rationnels de choix et de décision, DunodTechnique, Bordas, Paris,1974.Websites ou ressources électroniques importanteshttp//www-ulk-Kigali-net/ulk coursULK FINANCE PROPOSED PROGRAMME 46

13. TEACHING TEAMDR. CYEZE EMMANUELNDABATEZE AbrahamKABANDA Richard14. UNIT APPROVALDeans and Heads of all Departments contributing to the program to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 47

MODULE 61 Module Code: _EBS 106..........Faculty: ... ECONOMICS AND BUSINESS STUDIES2 Module Title:__FINANCIAL ACCOUNTING ...............................................................................3 Level: I Semester: 2 Credits: 12 __4 First year of presentation: __2011__ Administering Faculty:... ECONOMICS ANDBUSINESS STUDIES5 Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 SEMESTER 1 MODULES5.2 Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL40 60- -40 4010 10- --------- --------15 1015 10-------- ----------120 1206.1 Brief description of aims and contentThe purpose of this subject is to explain the objectives and function of accounting, the type ofinformation generated by accounting, the processes by means of which this information isgenerated and who the users of the financial information are. The Module provides acomprehensive grounding in the main techniques and underlying concepts involved in theULK FINANCE PROPOSED PROGRAMME 48

preparation and analysis of accounting statements and their application to various forms ofbusiness organization.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of: types of information generated by accounting and how they meet the information needsof the various users of financial informationii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:determine the financial position of an enterprisedetermine the financial performance of an enterpriseiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ determine the information needs of different users‣ design source documents‣ create journals and ledgers‣ create subsidiary ledgers and control accounts‣ create accounting reportsiv) General transferable skillsHaving successfully completed the module, students should be able to:‣ record transactions in the books of an enterprise‣ prepare the financial statements of an enterprise‣ design an accounting system for a medium sized concern7. Indicative ContentThe nature and function of accounting. Historical background to the development of accounting.Financial position. Finance Statements and their relationship. The Balance Sheet. The IncomeULK FINANCE PROPOSED PROGRAMME 49

statement. The Statement of Cash Flows. The Accounting Process. The recording process. Theprofit determination in trading concerns. Accounting systems8. Learning and Teaching Strategy.Student centred :-Face to face lectures-giving students research topics- Workshops9. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10 Assessment PatternConmponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysesPresentations40% 1, 2, 3,4Final assessment:End-of-SemesterExamination60% 1, 2, 3, 411 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform);ULK FINANCE PROPOSED PROGRAMME 50

Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)1. Augustine BENEDICT and Barry ELLIOT. 2008. Financial Accounting: an Introduction.Prentice Hall.2. Jagdish KOTHARI and Elisabeth BARONE. 2006. Financial Accounting. Prentice Hall.3. Alain FAYEL&Daniel PERNOT : Comptabilité générale de l’entreprise : manuel et application,12 ème éd, Dunod, Paris, 20014. Bernard CASPAR & Gérard ENSELME : Manuel de comptabilité approfondie et révision,4ème éd. LITEC, Paris ,20015. Gilbert CASTELLINO&Pierre ROMELAER : Comptabilité prive, EDICEF, 19886. Bernard ESNAULT & Christian HOARAU : Comptabilité financière, PUF, Paris, 19947. VERGER Gérard : Notes de cours de comptabilité de base, UNR, Butare, 1985, inédit.8.. A.ROSSIGNOL et al. : Méthode et techniques comptables : initiation comptable, Fouché,Paris, 19719. Bernard CASPAR &Gérard ENSELME : Manuel de comptabilité approfondie, 6èmeèd.Librairie de cour de cassation, Paris, 1996Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during theface to face lectures. Various accounting software will be required for student in order to helpthem to practice.13. Teaching TeamDr. AHMED MUSASEKIBIBI EzechielKALIWABO EmmanuelULK FINANCE PROPOSED PROGRAMME 51

NSENGIYUMVA JacquesKABASHA MEDARD14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 52

MODULE 71. Module code EBS 107 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:. ETHICS, RWANDAN CULTURE AND CIVIC EDUCATION3.Level: 1 Semester: 1 Credits:_ 12 __4. First year of presentation: __2011_ Administering Faculty:..... ECONOMICS ANDBUSINESS STUDIES5.Pre-requisite or co-requisite modules, excluded combinationsYEAR 1 SEMESTER 1 ENGLISH COMMUNICATION SKILLS IN ENGLISH MODULE6. Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours35 4525 4510 -10 10Staffhours10 -------------10 -------------10 1010 10120 1206.1 Brief description of aims and content (not more than five lines)This module is made of the following units: Ethics, Rwandan Culture and Civic Educationand the unit of Contemporary History of Africa and the History of Rwanda.It focuses particularly on:* How to behave* To get knowledgeULK FINANCE PROPOSED PROGRAMME 53

* To acquire technical know-howCivic education* To know the history of Rwanda and the contemporary history of AfricaThe general objective of this course is to sensitize the students of this university to become realcadres of change for better life (at individual, family, community, national and internationallevels).6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:theoretical considerations on morals, ethics, body, soul and spirit ; moral conscience,culture, civic education,principles of a happy lifeethics and businessethics and scienceRwandan culture and civic education of the pre-colonial, colonial and post-colonialperiodsRwandan culture and civic education in post genocide periodContemporary history of Africa and the history of Rwanda.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Analyse some ethical issuesKnow how to behave, to get knowledge and to acquire technical know-howDistinguish ethics from morals, and moral conscienceStimulate moral sensitivity and responsibilityShow attitudes of tolerance in case of discordance between him/her and another personand to stand firmly vis-à-vis incoherence and anti-values.Make a critical judgement on elements of other cultures proposed to our societyLiberate himself and liberate others from ethnic, regional et ideological prejudices andspread out ethical valuesKnow different programs of the government of RwandaKnow the history of Rwanda and contemporary Africaiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Show good behaviors of ethical values of integrity, justice, peace and toleranceULK FINANCE PROPOSED PROGRAMME 54

‣ Be actor or cadre of change for a better life in his/her family, community, nationaland international levels‣ Participate to the government policy development and implementation‣ Tale the real history of Rwanda and of the contemporary Africaiv) General transferable skillsHaving successfully completed the module, students should be able to:apply or implement the principles of a happy life they have learned in their day-to-daylives in the family, community, the country and abroadParticipate and contribute to actions initiated by different organisations (public andprivate) which aim to fight against anti-values, conflicts, genocide, etc.Help others be characterised by values of integrity, tolerance, justice, and peace.Advise and inform others about principles of living a better life.7. Indicative ContentPART 1: ETHICS, RWANDAN CULTURE AND CIVIC EDUCATIONUNIT OBJECTIVESCHAPTER I: THEORETICAL CONSIDERATIONSCHAPTER II: PRINCIPLES OF A HAPPY LIFECHAPTER III: ETHICS AND BUSINESSCHAPTER IV: ETHICS AND SCIENCESCHAPTER V: RWANDAN CULTURE AND CIVIC EDUCATION OF THE PRE-COLONIALPERIODCHAPTER VI: RWANDAN CULTURE AND CIVIC EDUCATION OF THE COLONIAL PERIODCHAPTER VII: RWANDAN CULTURE AND CIVIC EDUCATION OF POST6COLONIALPERIODCHAPTER VIII: RWANDAN CULTURE AND CIVIC EDUCATION: POST GENOCIDE PERIODPART 2: HISTORY OF RWANDAUNIT OBJECTIVESCHAPTER I: THE PRECOLONIAL PERIOD OF RWANDACHAPTER II: THE COLONIAL PERIOD OF RWANDACHAPTER III: THE POST-COLONIAL PERIOD OF RWANDA8. Learning and Teaching StrategyULK FINANCE PROPOSED PROGRAMME 55

At the beginning the teaching strategy is expositive but the main part of the course that followsis essentially of active method. The lecturer will explain the content of the course to the studentsin order to acquaint them with enough skills and sensitize them to become real cadres ofchange for better life at individual, familial, community, national and international levels. Then atthe end of every chapter student will make groups work, they will collectively discuss andanswer the questions prepared and written at the end of each chapter. Every group will presentits assignment and the lecturer will help better understand. Face to face lectures, includingdiscussions based on examples that are intended to help student well understand will beencouraged.9. Assessment StrategyLearning Outcomes will be evaluated gradually after each unit. An examination of duration of 3hours will be prepared and they will sit for it. Assignments and presentations of students groupswork will be marked too.10. Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Presentations onstructural exercises10 1, 2, 3Assignments 10 1, 2, 3Final assessment:End-of-SemesterExamination60 1, 2, 3, 411. Strategy for feedback and student support during module The final test or examinations, presentations on structural exercises and assignmentswill be marked. Students’ marks will be registered and available on the web site of ULK.Students’ marks will be copied on the transcripts that will be sticked up. The questions and answers for the exam will be available at the web site of theuniversity.ULK FINANCE PROPOSED PROGRAMME 56

12. Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)1. ANSALDI, Jean : Ethique et sanctification, 19832. BONHOEFFER, Dietrich : Ethique, 19653. BRACKMAN, Colette : Histoire d’un génocide, 19954. CHRETIEN, Jean Pierre : Rwanda, les medias du génocide, éditions KARTHALA, Paris,19955. CROUSSE, Bernard et ROUBAN, Luc : Progrès scientifique et débat éthique, 19896. KAGAME, Alexis : Un abrégé de l’histoire du Rwanda de 1853à1972, 19757. KANYAMACUMBI Patient : Société, culture et pouvoir politique en Afrique inter lacustre,Hutu et Tutsi de l’ancien Rwanda, 19958. MISSER François : Vers un nouveau Rwanda, entretiens avec Paul Kagame, éditionsKarthala, Juin 19959. WARREN, Rick : Une vie motivée par l’essentiel, 2006, translation from the purposedriven life, 2002, Purpose Driven Ministries, California, USA10. LOVELL, Alan: Business Ethics and Values, 2006, Prentice Hall.Key websites and on-line resourceshttp//:www.ulk-kigali.net/ulkcoursLaboratory space and equipmentThe computer and internet rooms of the university will be utilized for personnel researchesand students’ assignmentsComputer requirementsA Laptop (computer) and A projector will be used while teaching this module.13. Teaching TeamProf. Dr. RWIGAMBA BALINDABINENWA Jean BoscoINDOHA JanvierDUSHIMIMANA Jean de DieuSETUZA Friend14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.ULK FINANCE PROPOSED PROGRAMME 57

Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 58

MODULE 81. Module Code: ___EBS 108 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ INTRODUCTION TO SCIENTIFIC SKILLS3. Level: 1 Semester: 1 Credits:_12___4. First year of presentation: 2011 Administering Faculty: ECONOMICS ANDBUSINESS STUDIES5. Pre-requisite or co-requisite modules, excluded combinationsYEAR 1 SEMESTER 1 MODULES6 Allocation of study and teaching hoursTotal student hours _100___________Staff hoursStudent hoursLectures35 35Seminars/workshops15 15Practical classes/laboratory15 25Structured exercises15 15Set reading etc.10 -------------Self-directed study10 -------------Assignments – preparation and writing10 15Examination – revision and attendance10 15Other:120 1206.1 Brief description of aims and content‣ To introduce students to the Nature and full concepts of scientific Research.‣ To teach students the conception, elaboration, analysis and redaction of scientificresearch work.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrate knowledgeand understanding of:‣ The Research Process‣ Ethical Issues in research‣ Problem Definition and Research Proposal‣ Exploratory research and Qualitative AnalysisULK FINANCE PROPOSED PROGRAMME 59

‣ Secondary Data‣ Research Methods‣ Editing and Coding‣ Data Analysis and Interpretationii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be applying the knowledge relatedto:‣ The Research Process‣ Ethical Issues in research‣ Problem Definition and Research Proposal‣ Exploratory research and Qualitative Analysis‣ Secondary Data‣ Research Methods‣ Editing and Coding‣ Data Analysis and Interpretationiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Set a research problem, gather data, analyse the data gathered and interpret theresults form analyses.iv) General transferable skillsHaving successfully completed the module, students should be able to:‣ Share the above gathered practical skills.7. Indicative Content‣ Introduction‣ Studying method and technology used in scientific research‣ Learning how to collect and analyse data.8. Learning and Teaching Strategy‣ Class participation‣ Students cantered strategy.9. ASSESSMENT STRATEGY‣ Assignment‣ Class group study (Project)‣ ExaminationULK FINANCE PROPOSED PROGRAMME 60

10. ASSESSMENT PATTERNComponent Weighting % Learning objectives coveredAssignment 20Presentation 20 I,ii,iiiFinal assessment 60 I,ii,iii,iv11. Strategy for feedback and student support during module‣ Social interactions between teacher of students‣ Hopping to get responses from students12. Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)- SELLTIZ , WRIGHTSMAN and COOK., Research Methods in Social Relations, NewYork, Holt, 1996- YA-LUN CHOU, Statistical Analysis with Business and Economic Applications. New York,Holt, 1995- GRAWITZ, M., Méthodes des sciences sociales, Dalloz, Paris, 1952- VIET, J., Les méthodes structuralistes dans les sciences sociales13. Teaching TeamProf. Dr. NKURUNZIZA Jean PierreNGANGO GadUWIMBABAZI BernadetteNYIRANSIBIMANA VENANTIE14. UNIT APPROVALDeans and Heads of all Departments contributing to the program to confirm agreement.ULK FINANCE PROPOSED PROGRAMME 61

Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 62

MODULE 91 Module Code: ......EBS 109......._ Faculty: ECONOMICS AND BUSINESS STUDIES2.Module Title: PRINCIPLES OF MANAGEMENT3. Level: 1 Semester: 2 Credits: 124. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsYEAR 1 SEMESTER 1 MODULES6. Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTALStudenthours40 6010 1020 2010 10Staffhours10 _____10 _____10 1010 10120 1206.1 Brief description of aims and contentThe module aims at:1. Making students aware of the managerial environment2. Making students aware of Historical evolution of management theory and practice3. making students understanding management as a process: Planning, organizing,coordinating and controllingULK FINANCE PROPOSED PROGRAMME 63

4. Making students understanding the various principles of each step of managementas a process5. understanding the principles of Total Quality Management (TQM),6. Making students understanding the different roles of framework.7. Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:students should be able to demonstrate knowledge and understanding of principles ofeach step or managerial functionStudents should be able to demonstrate knowledge and understanding of themanagerial environmentStudents should be able to demonstrate knowledge and understanding of Total QualityManagementStudents should be able to demonstrate knowledge and understanding of different rolesof framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Students should be able to apply principles of management in manufacturing or serviceindustriesStudents should be able to apply Principles of management in any working environmentStudents should be able to apply Total quality Management principles in any workingenvironmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students should be able to plan strategically, tactically and operationally, to organize,to supervise and to control in any working environment‣ Students should be able to teach or communicate to others all principles ofManagement and those of total quality management and of course apply them in aworking environment.‣ Students should be able to explain different roles of framework.‣ Students should be able to explain decision making and leadership skillsULK FINANCE PROPOSED PROGRAMME 64

iv) General transferable skillsHaving successfully completed the module, students should be able to: Students should be able to demonstrate managerial skills in a working environment (beingpublic or private sector) Students should be able to demonstrate conceptional, planning, organizing, coordinatingand controlling skills in any environment Students should be able to demonstrate teamwork skills in a working environment Students should be able to demonstrate decision making and leadership skills7. Indicative ContentINTRODUCTIONPRINCIPLES OF MANAGEMENTCHAPTER 1.: Management fundamentalsCHAPTER 2. Historical evolution of management theory and practiceCHAPTER 3.: Managerial Functions: Planning, Organizing, Directing and ControllingCHAPTER 4. Total Quality Management8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternConmponent Weighting (%) Learning objectivescoveredIn-courseassessment:Research 20 I,ii,iiiULK FINANCE PROPOSED PROGRAMME 65

Presentation 20 I,ii,iii,ivFinal assessment:End of Semesterexamination60 I,ii,iii,iv11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN) Boddy, D. (2008). Management: An Introduction. Prentice Hall PJ Smit and GJ de J Cronjé (2002). Management principles. Addison Welley. Stephen Robbins and David Decenzo (2004). Management: l’essentiel des conceptset des pratiques Thompson and Strickland (2003). Strategic management : practices and concepts George R. TERRY et Stephen FRANKLIN (1985) Les principes du management330B – GEO - 604 J S CHANDAN (2006) Management : Concepts and strategies, 330B – JS - 1841 Steven ten Have and allii (2003), Key management: 330B – STE - 165513. Teaching TeamDr. KAAYA SirajeDr. AHMED MUSATOMBOLA M. GustaveGASHEJA FAUSTINULK FINANCE PROPOSED PROGRAMME 66

14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 67

MODULE 101. Module Code: ___EBS 110 FACULTY: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ FINANCIAL MATHEMATICS AND QUANTITATIVE METHODS3.Level: 1 Semester: 2 Credits:_12___4.First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5.Pre-requisites : Mathematics course : Secondary schoolYEAR 1 SEMESTER 1 MODULES6.Allocation of study and teaching hoursTotal student hours _100___________LecturesSeminars/workshopsStudent hours60 60Staff hoursPractical classes/laboratoryStructured exercisesSet reading etc.30 30Self-directed studyAssignments – preparation and writingExamination – revision and attendance30 1515120 1206.1 Brief description of aims and content‣ To enable student to have the basic understanding of the various quantitative methodsand financial mathematics‣ To compute and evaluate the integrals of real functions6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrate knowledgeacquired:ULK FINANCE PROPOSED PROGRAMME 68

‣ To solve financial problems using various formulas seen in class‣ To apply different formulas in solving business decision making related problems.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:To use the knowledge acquired in this course to solve the problems in the fields ofquantitative methods and financial mathematics.iii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students will be able to teach others on what is related quantitative methods andfinancial mathematics.iv) General transferable skillsHaving successfully completed the module, students should be able to:‣ Share skills in those studied courses.7. Indicative ContentPART 1: FINANCIAL MATHEMATICS- Interest notion, simple interest, simple interest discount- Compound interest, simple ,differed and general payments- Time value of money, present value concept- Annuity- Amortization , amortization methods- Capitalization and actualization- Ordinary shares and bondsPART 2: QUANTITATIVE METHODS- Introduction to quantitative methods- Their relevance to Business Decision making- Probability : Basic Terminology, three types of probability, Rules of probability underconditions of statistical independence and dependence- Probability distribution: Random variables, expected value in decision making , binomial,Poisson and Normal distributions. Sampling and sampling distributions, Estimationstandard error.8. Learning and Teaching Strategy‣ After each theory presented, complete examples and exercises will be givenULK FINANCE PROPOSED PROGRAMME 69

‣ The students will solve exercises at the end of each chapter in group works and thelecturer will be supervising them .9. ASSESSMENT STRATEGYMany exercises on all units seen will be solved by the students as assignments, to be marked.‣ A final exam will be scheduled and it will concern all units.10. ASSESSMENT PATTERNComponentWeighting(%)Learning objectivescoveredAssignment 40% I, ii, iiiFinal assessment 60% I, ii, iii , iv11. STRATEGY FOR FEEDBACK AND STUDENT SUPPORT DURING MODULE‣ interactions between teacher and students‣ Hopping to get responses from students12. INDICATIVE RESOURCESMARK, S. JOSHI, Concepts and practice of mathematical finance, second edition, October,2008.GERARD CORNUEJOLS, Optimization methods in finance, December 2006ANDERSON, D, SWEENEY AND T. A. WILLIAMS. Quantitative Methods for Business,September 2003.AGRESTI, A., Statistical Methods for the Social Sciences, July 2006Websites ou ressources électroniques importanteshttp//www.ulk-kigali.net/ulk coursULK FINANCE PROPOSED PROGRAMME 70

13: TEACHING TEAMDr MUSIIME AndrewHABIMANA KizitoNUWAYO DAN14. UNIT APPROVALDeans and Heads of all Departments contributing to the program to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 71

Republic of RwandaNational Council for Higher EducationFINANCEYEAR 2MODULES DESCRIPTIONSFORMSULK FINANCE PROPOSED PROGRAMME 72

MODULES DESCRIPTIONS IN YEAR 2, FINANCECode Courses (Modules and Units) Credits Hrs1. FIN201 Cost and Management AccountingUnit 1: Cost AccountingUnit 2: Management Accounting2. FIN202 Corporate & Business Law & TaxationUnit 1: Corporate & Business lawUnit 2: Taxation3. FIN203 Macro and MicroeconomicsUnit 1: MacroeconomicsUnit 2: Microeconomics4. FIN204 Organizational Human Resource AspectsUnit 1: HRMUnit 2: Organizational Behavior5. FIN205 Marketing, Production &operationsmanagementUnit 1: Marketing mgtUnit 2: Production, Operations Mgt & Logistics6. FIN206 Financial ManagementUnit 1: Financial ManagementUnit 2: Working Capital Management7. FIN207 Financial Reporting & AnalysisUnit 1: Financial ReportingUnit 2: Financial Analysis8. FIN208 General skills 1Unit 1: Computer skillsUnit 2: English skills157.57.5157.57.5157.57.5157.57.5157.57.51596157.57.5157.57.515075751507575150757515075751507575150757515075751507575TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 73

MODULE 11 Module Code: ......FIN201............_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ COST AND MANAGEMENT ACCOUNTING3. Level: 2 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed the 1 st Year of EBS6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 150ULK FINANCE PROPOSED PROGRAMME 74

6.1 Brief description of aims and contentThe module aims at:Making students aware of the Cost and Management Accounting environmentsMaking students aware of Historical evolution of Cost and Management Accounting theory andpractices;Making students understanding Cost and Management Accounting as processes: Planning,organizing, coordinating and controlling;Making students understanding the various principles of each step of Cost and managementAccounting as processes;Understanding the principles of Cost and Management Accounting;Making students understanding the different roles of framework;Making students understanding decision making and leadership skills.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Principles of each step or Cost and Management Accounting functionThe Cost and Management Accounting environmentCost and Management AccountingDifferent roles of framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:apply principles of Cost and Management Accounting in manufacturing or serviceindustriesapply Principles of Cost and Management Accounting in any working environmentapply Cost and Management Accounting principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to display practicalskills related to:principles of Cost and Management Accounting in manufacturing or service industriesULK FINANCE PROPOSED PROGRAMME 75

Principles of Cost and Management Accounting in any working environmentCost and Management Accounting principles in any working environmentiv) General transferable skillsHaving successfully completed the module, students should be able to share skills related to: principles of Cost and Management Accounting in manufacturing or service industries Principles of Cost and Management Accounting in any working environment Cost and Management Accounting principles in any working environment7.Indicative ContentPart 1: COST ACCOUNTINGOBJECTIVETo introduce the system of cost accumulation, classification, processing and reporting to themanagement and to familiarize the students with the techniques of costing.CONTENTCost Accounting Nature and scope –Elements of cost-Material Direct and indirect material cost-Labor-Direct and indirect labor costs-system of Payment of wages. Overheads –classification,allocation to products-Distribution-Selling and Administration overheads –and apportionment.Preparation of cost sheet-Methods of cost Accounting-single or output costing, Job and Batchcosting, contract costing, process costing, Joint Products and By-Products, service costing.Marginal costing-principles and statements.Part 2: MANAGEMENT ACCOUNTINGOBJECTIVETo provide students with an understanding of the diverse role of the managerial accountant inplanning and controlling decisions with an emphasis on performance evaluation systemsULK FINANCE PROPOSED PROGRAMME 76

CONTENT Framework of Management Accounting – introduction, meaning scope – Behavioralimplications of managerial accounting, Managerial uses of Accounting statements-Balance sheet and income statement-Financial Analysis. Accounting for planning: Cost–classification- Allocation–Budgeting–Cost – Volume –Profit Analysis. Accounting for controlling: Standard costing–variance Analysis–Flexible budgets–Responsibility Accounting. Accounting for Decision Making: Relevant costs for decision Making–variable costing.8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation20 (Learning Objectives.: I, ii, iii, iv)20 (Learning Objectives.: I, ii, iii, iv)Final assessment:End of Semesterexamination60 (Learning Objectives.: I, ii, iii, iv)ULK FINANCE PROPOSED PROGRAMME 77

11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN) VHIMANI, A.; HORNGREN, C.; DATAR, S. and FOSTER, G. (2008). Managementand Cost Accounting. Prentice Hall. ATKINSON, A. (2007). Management Accounting. Prentice Hall HORNGREN, C.; DATAR, S. and FOSTER, G. (2009). Cost Accounting. PrenticeHall13: Teaching TeamDr. AHMED MUSANSENGIYUMVA JacquesRUDAHIGWA OswaldKIMULI RONALDULK FINANCE PROPOSED PROGRAMME 78

14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 79

MODULE 21 Module Code: ......FIN202........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ CORPORATE, BUSINESS LAW & TAXATION3. Level: 2 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed 1 st Year EBS6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Corporate, Business law and Taxation environmentsMaking students aware of Historical evolution of Corporate, Business law and Taxation theoryand practicesMaking students understanding Corporate, Business law and Taxation as processesULK FINANCE PROPOSED PROGRAMME 80

Making students understanding the various principles of each step of Corporate, Business lawand Taxation as processesUnderstanding the principles of Corporate, Business law and TaxationMaking students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Principles of each Corporate, Business law and Taxation functionthe principles of each Corporate, Business law and Taxation function environmentsCorporate, Business law and Taxationii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Be able to practically work on Rwanda income taxation as per the Rwandan income Tax-Act.Be able to practically work on Income and deductibilityBe able to practically work on Income Tax Assessment – different sources of income aswell as on Problems related to tax evasions and remedial measures; related penaltiesand prosecutions as well as on capital gains taxapply principles of Corporate, Business law and Taxation in manufacturing or serviceindustriesapply Principles of Corporate, Business law and Taxation in any working environmentsStudents should be able to apply Corporate, Business law and Taxation in any workingenvironmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Practice on Rwanda income taxation as per the Rwandan income Tax-Act.ULK FINANCE PROPOSED PROGRAMME 81

‣ Practice on Income and deductibility‣ Practice on Income Tax Assessment – different sources of income as well as onProblems related to tax evasions and remedial measures; related penalties andprosecutions as well as on capital gains tax‣ Teach or communicate to others all principles of Corporate, Business law andTaxation and of course apply them in a working environment.‣ Explain different roles of framework.‣ explain decision making and leadership skillsiv) General transferable skillsHaving successfully completed the module, students should be able to: Communicate and disseminate knowledge on Corporate and Business Law; The Practice on Rwanda income taxation as per the Rwandan income Tax-Act; Practiceon Income and deductibility; Practice on Income Tax Assessment – different sources ofincome as well as on Problems related to tax evasions and remedial measures; relatedpenalties and prosecutions as well as on capital gains tax7. Indicative ContentPart 1: CORPORATE AND BUSINESS LAWOBJECTIVETo enable the students to gain knowledge of the legal aspects relating to the businessfunctioning such as the legality of contracts, sale of goods, agency, bailment etc.CONTENTLaw of contract: contract and its essentials – different types of contracts – offer and acceptance– capacity of parties to contract – consideration- coercion – undue influence – misrepresentation– fraud – mistake – legality of objects – unlawful and illegal agreements - agreements inrestraint of trade – quasi contracts – performance of contract – breach of contract.Sale of goods act: The contract of sale, duties of seller and buyer, transfer of diner ship, rightsof unpaid seller against the goods, sellers personal remedies, buyers personal temerities,auction sales, international trade contracts.Law of agency: nature of agency – creation of agency –classification of agents – relation ofprincipal and agent – relation of principal with third party – responsibilities of principal and agenttermination of agency.Law of Bailment - Bailer and Bailee relationship – duties and responsibilities.Law of negotiable instruments – cheques, bills of exchange, promissory notes - preparation,drawing collection, dishonouring and legal consequences of if.ULK FINANCE PROPOSED PROGRAMME 82

Part 2: TAXATIONOBJECTIVETo introduce the taxation system of Rwanda with reference to the incomes earned by theindividuals partnership firms, associations co-operatives, trusts and corporations.CONTENTRwanda income taxation systemRole and functioning of Rwanda Revenue AuthorityRwanda income Tax-Act.Income and deductibilityIncome Tax Assessment – different sources of income.Problem of tax evasions and remedial measuresPenalties and prosecutionsCapital gains tax8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation20 (Learning Objectives.: I, ii, iii, iv)20 (Learning Objectives.: I, ii, iii, iv)Final assessment:End of Semesterexamination60 (Learning Objectives.: I, ii, iii, iv)ULK FINANCE PROPOSED PROGRAMME 83

11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)MELVILLE, A . 2007. Taxation. Prentice HallMCLANEY E. 2007. Business Finance. Prentice HallRwandan Taxation Acts.13. Teaching TeamDr NZOSABA LaurentMr MUTSINZI CyrrileMr MUNYAMAHORO ReneMr NDAYIZEYE GERVAISULK FINANCE PROPOSED PROGRAMME 84

14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 85

MODULE 31 Module Code: ......FIN203........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title:_ MACROECONOMICS AND MICROECONOMICS3. Level: 2 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed 1 ST Year EBS6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 1506.1 Brief description of aims and contentThe Module aims at providing students with sound theoretical and practical skills related to theMacro-economics Scope and importance, the Economic Growth and Development as well asMonetary and Fiscal Policies and employment.ULK FINANCE PROPOSED PROGRAMME 86

The Microeconomics Unit of the module provides theoretical and practical knowledge on theindividual’s economic behaviour. it emphasises on the consumer and producer theories.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Macro-economics Scope and importanceThe Economic Growth and DevelopmentMonetary and Fiscal PoliciesEmployment.Consumer and Producer theories.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the knowledge on the Economic Growth and DevelopmentApply the knowledge on Monetary and Fiscal PoliciesApply the knowledge on Employment.Apply the knowledge on Consumer and Producer theories.iii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Demonstrate practical skills related to Economic Growth and Development theories andissuesDemonstrate practical skills related to Monetary and Fiscal PoliciesDemonstrate practical skills related to Employment theories and issues.Demonstrate practical skills related to Consumer and Producer theories.ULK FINANCE PROPOSED PROGRAMME 87

iv) General transferable skillsHaving successfully completed the module, students should be able to: Explain, diffuse and disseminate knowledge on practical skills related to EconomicGrowth and Development theories and issues Explain, diffuse and disseminate knowledge on practical skills related to Monetary andFiscal Policies Explain, diffuse and disseminate knowledge on practical skills related to Employmenttheories and issues. Explain, diffuse and disseminate knowledge on practical skills related to Consumer andProducer theories.7. Indicative ContentPart 1: MACROECONOMIC ANALYSISOBJECTIVETo familiarize the students with the various concepts of macroeconomics and to highlight howthese macro-economic forces influence the business decision-making.CONTENTMacro-economics-Scope and importance-Economic Growth-Meaning-Factors influencing –National Income-Measurement.Business cycles-phases-Theories-Control of Business cycles-Monetary and Fiscal Policies.Keynesian concept of Employment –Consumption Function-Investment Function-Equilibrium ofIncome-Full Employment-The Principle of Multiplier and Accelerator.Macro Economic Issues-Inflations -Stagflation-Deflation-Price Stability and Full Employmentmoney demand –Money Supply Economic growth-meaning-factors influencing. Businesscycles-phases- Theories- control of Business cycles- Monetary and fiscal policies.Macro Economic Management of Rwanda-Impact on the economy-Fine year plans-Long RangePlanning-Structural Adjustment Programme of IMF… Evaluation.Part 2: MICROECONOMICSMicroeconomics is a field of economy which studies the individual’s behaviour in society. Thechapters emphasise on the consumer and producer theories. The module present a treatmentof the methods of microeconomics that allow students to apply tools on their own side and drawdiagrams of shifting curves using calculus methods.ULK FINANCE PROPOSED PROGRAMME 88

CONTENTConsumer behaviour (market, budget constraint, preferences, utility, consumer choice, demand,market demand, uncertainty, welfare, asymmetric information) and Producer behaviour(production theory, cost, perfect competitive market, monopoly, oligopoly)8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10 Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation20 (Learning Objectives.: I, ii, iii, iv)20 (Learning Objectives.: I, ii, iii, iv)Final assessment:End of Semesterexamination60 (Learning Objectives.: I, ii, iii, iv)11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)ULK FINANCE PROPOSED PROGRAMME 89

PARKIN, M. 2008. Principles of Microeconomics. Addison WelleyHUBBARD, G. and O’BRIEN, A. 2008. Microeconomics. Prentice HallCASE, K. and FAIR, R. 2007. Principles of Macroeconomics. Prentice HallHUBBARD, G. and O’BRIEN, A. 2008. Microeconomics. Prentice Hall13: Teaching TeamProf. Dr. RUFUS JEYAKUMARHABIMANA Jean DamasceneMUSAFIRI Ildephonse14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 90

MODULE 41 Module Code: ......FIN204........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: ORGANISATIONAL HUMAN RESOURCES ASPECTS3. Level: 2 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed 1 st Year EBS6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Organisational Human Resource Aspects environmentMaking students aware of Historical evolution of Organisational Human Resource Aspectstheory and practiceULK FINANCE PROPOSED PROGRAMME 91

Making students understanding management as a process: Organisational Human ResourceAspectsMaking students understanding the various principles of each step of Organisational HumanResource Aspects as a processMaking students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:10. Principles of each step of Organisational Human Resource Aspects function11. The Organisational Human Resource Aspects environment12. Organisational Human Resource Aspects13. Different roles of framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply principles of Organisational Human Resource Aspects in manufacturing orservice industriesApply Principles of Organisational Human Resource Aspects in any workingenvironmentApply Organisational Human Resource Aspects principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Plan strategically, tactically and operationally, to organize, to supervise and to controlin any working environment‣ Teach or communicate to others all principles of Organisational Human ResourceAspects and of course apply them in a working environment.‣ Explain different roles of framework.‣ Explain decision making and leadership skillsULK FINANCE PROPOSED PROGRAMME 92

iv) General transferable skillsHaving successfully completed the module, students should be able to: Demonstrate Organisational Human Resource Aspects skills in a working environment(being public or private sector) Demonstrate conceptual, planning, organizing, coordinating and controlling skills in anyenvironment Demonstrate teamwork skills in a working environment Demonstrate decision making and leadership skills7. Indicative ContentPart 1: HUMAN RESOURCE MANAGEMENTOBJECTIVETo enable the students to understand the human domain in organizations specifically, itsprocurement, induction, training and development, compensation and appraisal.CONTENT Human Resource Management-Meaning and Importance-Functions and Status-Score- Human Resource Planning –Job Analysis-Recruitment and Selector-methods ofSelection-socialization of New Employee. Training and Development-Need, Methods-Employee Training and Executive Development-Career Development Wage and salary Administration-principles and Techniques of wags fixation-JobEvaluation-Incentive plans. Performance Appraisal –Methods-Limitation-Changing trends-Motivation-Morale-Jobsatisfaction. Human Relations-Employee Relation –industrial Relation-prevention and Settlement of Disputes. Collective Bargaining-workersparticipation in Management- Trade unions- growth of Trade union in Rwanda- changing role of trade unions inModern world.Part 2: ORGANISATIONAL BEHAVIOROBJECTIVETo provide the students with the knowledge and understanding of the determinants and effectsof behavior in organization.CONTENT Introduction to Organizational Behavior: Meaning-Score and Significance oforganizational Behavior–social and psychological dimensions- models of organizationalbehavior. Individual’s behavior in organization- nature of individuals- interaction of individuals andorganization-individual differences and organizations- perception-attitudes-personalitymotivation-integrationof organization and individual goals.ULK FINANCE PROPOSED PROGRAMME 93

Group behavior in organization –definition and classification of groups-group conceptsgroupsnorms –cohesiveness- inter and intra group behavior- group decision-makinggroup dynamics.Management of organizational behavior –leadershipMeaning and significance-theories of leadershipStyles–communication-significance and process- barriers to effective communicationorganizationalconflicts –functional and dysfunctional aspects of conflicts-inter-personalconflict-group conflicts-conflict management- organizational climate-concept-factorsinfluencing organizational climate- developing sound organizational climate-morale andproductivity –organizational change-resistance to change-overcoming resistance -organizational development organizational culture –meaning and significance –development process of organizational culture- approaches and techniquesorganizationaleffectiveness-concepts-approaches-models.8. Learning and Teaching Strategy.The learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternConmponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysisPresentations30% I,ii,iii,ivFinal assessment:End-of-SemesterExamination70% I,ii,iii,iv11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions availableULK FINANCE PROPOSED PROGRAMME 94

12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN) FOOT, M. and HOOK, C. 2008. Introducing Human Resource Management. PrenticeHall. TORRINGTON, D. ; TAYLOR, S. and HALL, L. 2008. Human Resource Management.Prentice-Hall ROLLINSON, D. 2008. Organizational Behaviour and Analysis. Pearson. George R. TERRY et Stephen FRANKLIN (1985) Les principes du management 330B– GEO - 604 J S CHANDAN (2006) Management : Concepts and strategies, 330B – JS - 1841 Steven ten Have and allii (2003), Key management: 330B – STE - 165514: Teaching TeamDr. KAAYA SirajeRUDASINGWA JustinMANZI KANYABITAROTOMBOLA M. GustaveULK FINANCE PROPOSED PROGRAMME 95

14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 96

MODULE 51 Module Code: ...... FIN205........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: MARKETING, PRODUCTION AND OPERATIONS MANAGEMENT3. Level: 2 Semester: 2 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsYEAR 2 SEMESTER 1 MODULES6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Marketing, Production and Operations Management environmentMaking students aware of Historical evolution of Marketing, Production and OperationsManagement theory and practiceULK FINANCE PROPOSED PROGRAMME 97

Making students understanding management as a process: Marketing, Production andOperations ManagementMaking students understanding the various principles of each step of Marketing, Production andOperations Management as a processMaking students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Students should be able to demonstrate knowledge and understanding of principlesof Marketing Management, Production and Operations Management as a processStudents should be able to demonstrate knowledge and understanding of Marketing,Productions and Operations ManagementStudents should be able to demonstrate knowledge and understanding of different rolesof framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Students should be able to apply principles of Marketing, Production and operationsManagement in manufacturing or service industriesStudents should be able to apply Principles of Marketing, production and Operationsmanagement in any working environmentStudents should be able to apply marketing, Production and Operations Managementprinciples in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students should be able to plan strategically, tactically and operationally, to organize,to supervise and to control in any working environment‣ Students should be able to teach or communicate to others all principles ofmarketing, Production and operations Management and of course apply them in aworking environment.‣ Students should be able to explain different roles of framework.ULK FINANCE PROPOSED PROGRAMME 98

‣ Students should be able to explain decision making and leadership skillsiv) General transferable skillsHaving successfully completed the module, students should be able to: Students should be able to demonstrate marketing, Production and OperarionsManagement skills in a working environment (being public or private sector) Students should be able to demonstrate conceptual, planning, organizing, coordinatingand controlling skills in any environment Students should be able to demonstrate teamwork skills in a working environment Students should be able to demonstrate decision making and leadership skills7. Indicative ContentPart 1: MARKETING MANAGEMENTOBJECTIVETo introduce the marketing concept in business and to analyze the business activities in relationto the recognition, stimulation and satisfaction of consumer demand. Traditional and Modernconcept of MarketingCONTENTA concentration in marketing is designed to equip the students with Information, practice andapplications of theory in the basic business areas of marketing. Marketing has developed into abroad spectrum of interrelated functions. Because of the spectacular growth of national andinternational business competition the dynamic areas of consumer behaviour, marketingresearch, marketing of services, global marketing and the strategic marketing are given toppriority.The marketing as an elective is designed for those who seek a career inBusiness and value a said academic and professional business foundation. The following arethe courses offered.Consumer Behaviour and Marketing ResearchMarketing of Services and Product ManagementManagement Sales And Distribution ManagementStrategic and Global MarketingMarketing MixPart 2: PRODUCTION AND OPERATIONS MANAGEMENTOBJECTIVETo provide an introduction to the ways an organization turns its resources into goods orULK FINANCE PROPOSED PROGRAMME 99

services.CONTENTProduction and operations Management-concept and function-Manufacturing systems-Manufacturing operations Vs service operational systems concept-Production planning and control-process-stages-Gantt Chart-prioritization-Aggregateplanning.Facility Location and Layout planning-Layout Models-Location Theories-Location ofServices Facilities-Materials Management-Costs Associated with the Inventory –Economic order quantity-ABC Analysis-Materials Requirement Planning-Just-in-time production-Quality Management-Quality control-QCs-TQM, zero defects programme.Productivity-Factors Affecting Productivity-Job Design-Process Flow Charts-methodStudy-Work Measurement (Engineering and Behavioral Approaches).Part 3: LOGISTICS AND SUPPLY CHAIN MANAGEMENTOBJECTIVEThe aim of this course to introduce students to the concepts principles and methods used in theplanning, organizing and controlling of logistics activities in business organizations.CONTENTLogistics mission and role in businessSystems approach to logistics-Logistics operation integration-Supply chain RelationshipLogistics customer serviceLogistics information systemsForecasting, Logistics Material Requirements-Inventory Management-Packaging and Material HandlingTransportation SystemsWarehousingDistribution and channel ManagementProcurement Function and Scheduling Decisions-ULK FINANCE PROPOSED PROGRAMME 100

Organization for Logistics ResourcesLogistics administrationAuditing and Controlling for effective logistics performance.PEDAGOGYCase study, Experiential Exercises – Assignments8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternConmponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 30% 1, 2, 3Final assessment:End-of-Semester Examination 70% 1, 2, 3, 411 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)ULK FINANCE PROPOSED PROGRAMME 101

KOTLER, P. and KELLER, K. 2009. Marketing Management. Prentice Hall SLACK, N.; CHAMBERS, S. and JOHNSTON,R. 2007. Operations Management.Prentice Hall BOWERSOX, D. and CLOSS, D. 2000. Logistical Management. New Dehli:MacGraw Hill13: Teaching TeamDr. KATO MAHAZIMANZI BALINDATOMBOLA M. GustaveMUGABO JEAN PAUL14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 102

MODULE 61 Module Code: _FIN206.........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title:__FINANCIAL MANAGEMENT...............................................................................3 Level: 2 Semester: 2 Credits: 154 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES5 Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 (LEVEL 1) COURSES* YEAR 2 (LEVEL 2) FIRST SEMESTER COURSES6 Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL40 6010 1040 4010 1010 --------10 --------20 1515 15-------- ----------150 150ULK FINANCE PROPOSED PROGRAMME 103

6.1 Brief description of aims and contentTo provide students with an understanding of the finance function and the financialenvironment in which businesses operate;To ensure students have a thorough knowledge of and the ability to apply appropriateinvestment appraisal and working capital techniques.To equip students with the techniques and methodologies required to identify acompany's financial requirements, the available financial sources, and determine thecost of borrowing.To introduce the student to the importance of personal financial planning.6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Understanding the importance of the finance function (investment and financing issues)in the achievement of the organization’s objectives;ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Understanding how to Select, describe and apply appropriate investment decision criteriaincluding consideration of non-financial factors; andHaving an understanding on how to access working capital, liquidity and fundingrequirements including the development of strategies to address requirements.Understanding how to identify sources of finance available to a company. Describe thecharacteristics, benefits, limitations of each. Assess the financial requirements ofcompanies and the appropriateness and implications of choosing one source of finance overthe other.Knowing how to calculate the Weighted Average Cost of Capital (WACC) and discuss itsrelevance. Assess a company's capital structure and factors influencing the mix of equityand debt. Describe the main capital market models, their application and limitations.ULK FINANCE PROPOSED PROGRAMME 104

Demonstrate an understanding of the appreciation of Portfolio Theory and the EfficientMarket Hypothesis.Having knowledge on how to analyse the factors influencing the dividend policy anddescribe and apply the main dividend policy theories.Having knowledge on how to outline the personal financial planning process, the main typesof personal investments and benefits, limitations and appropriateness of each. Calculate aperson's net worth position.iii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Select, describe and apply appropriate investment decision criteria including considerationof non-financial factors; andAccess working capital, liquidity and funding requirements including the development ofstrategies to address requirements.Identify sources of finance available to a company. Describe the characteristics, benefits,limitations of each. Assess the financial requirements of companies and theappropriateness and implications of choosing one source of finance over the other.Calculate the Weighted Average Cost of Capital (WACC) and discuss its relevance. Assessa company's capital structure and factors influencing the mix of equity and debt. Describethe main capital market models, their application and limitations.Demonstrate an appreciation of Portfolio Theory and the Efficient Market Hypothesis.Analyze the factors influencing the dividend policy and describe and apply the main dividendpolicy theories.Outline the personal financial planning process, the main types of personal investments andbenefits, limitations and appropriateness of each. Calculate a person's net worth position.iv) General transferable skillsHaving successfully completed the module, students should be able to:Identify sources of finance available to a company. Describe the characteristics, benefits,limitations of each. Assess the financial requirements of companies and theappropriateness and implications of choosing one source of finance over the other.ULK FINANCE PROPOSED PROGRAMME 105

7. Indicative ContentThe Financial Environment: The finance function and its contribution to business objectives;corporate governance and agency theory, general macro-economic factors that impact uponfinancial goals and strategies; ethical issues facing the finance manager.Investment Decisions: Capital Investment Appraisal: Investment appraisal techniques;leases, risk and return, capital rationing, inflation, uncertainty and probability; non-financialfactors; financing options, costs and benefits.Investment Decisions: Working Capital Management: Working capital and the workingcapital cycle; inventory management, debtor and credit management, cash management; short,medium and long-term funding requirements and strategies to address same.Determining Financial Requirements: Company's financial requirements and optimal assetmix; ratio analysis to determine the financial position and performance of a company from theperspective of fund raising; calculation of free cash-flow; key issues in the company'sposition/performance relevant to borrowing and raising funds.Sources of Finance: Sources of finance; finance mix; long term vs. short term funds; internalvs. external funds and factors influencing a company's choice of funding; characteristics,benefits, limitations, appropriateness, availability and risk profile of all sources of finance; meansby which each source is raised; typical terms and conditions associated with each; issues facingSMEs in raising finance; managing relationships with fund providers; venture capital funds; fundraising and due diligence process; introduction to the main capital and money markets andprinciple methods of trading and raising funds.Cost of Capital: Determining the appropriate discount rate; calculation of WACC using dividendvaluation model and capital assets pricing model; application and limitations of WACC.Capital Structure: Factors influencing a company's capital structure and mix of equity and debt;impact of varying gearing levels; capital structure theories including the relevancy theory,Modigliani Miller's irrelevancy theory, pecking order theory-assumptions, impact and limitations;portfolio theory and the Efficient market Hypothesis;Dividend Policy: Factors influencing a company's decision on whether to pay dividend;dividend policy theories-relevancy theory, irrelevancy theory, residual theory, clientele effect,information signalling; types of distributions i.e. bonus shares and share repurchases.ULK FINANCE PROPOSED PROGRAMME 106

8. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- Workshops9. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10. Assessment PatternComponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 30% 1, 2, 3Final assessment:End-of-Semester Examination 70% 1, 2, 3, 411. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions availableULK FINANCE PROPOSED PROGRAMME 107

12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative Reading ListWachowicz,J. and Horne, J. 2009. Fundamentals of Financial Management. Prentice Hall.Demarzo, P and Berk,J. 2009. Corporate Finance: the Core. Prentice Hall.Jayaprash,R. (2004) Financial Management, Prentice Hall, New DehliLewellew, W. (2000) Financial Management, an introduction to principles and practice, SouthWestern CollegeDimitri, F. (2003) Practical Financial Management, Wiley,USAWard, Anne Marie (2007) Finance: Theory and Practice, Chartered Accountants IrelandWalsh, Ciaran (2006). Key Management Ratios, 4th Edition, Financial Times13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamDr. SSEMWAGA ANDREWMr OKOKO OSAMBOMr SEKIBIBI EZECHIELMr KALIWABO EMMANUELULK FINANCE PROPOSED PROGRAMME 108

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 109

MODULE 71 Module Code: _FIN207.........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title:__FINANCIAL REPORTING & ANALYSIS......................................................7 Level: 2 Semester: 2 Credits: 158 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES9 Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 (LEVEL 1) COURSES* YEAR 2 (LEVEL 2) FIRST SEMESTER COURSES9.1 Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTALStudenthours40 6010 1040 4010 10Staffhours10 --------10 --------20 1515 15150 1506.1 Brief description of aims and contentTo enhance students' understanding of the role of accounting information in thedecision-making processes of an organizationULK FINANCE PROPOSED PROGRAMME 110

To develop an understanding of the context of management accounting, and thebehavioural implications of management accounting information.To develop their abilities to prepare, analyse and interpret accounting informationrelevant to performance and control systemsTo enhance their understanding of the interplay management accounting andorganisational managementTo develop students' ability to rigorously appraise and evaluate the informationavailable in financial statements and annual reports.To develop students' ability to understand, interpret, analyse, critically evaluate anduse financial statementsTo provide students with an understanding of regulatory environment for financialreporting, sources of finance and merger and acquisition activityTo familiarise students with a range of financial statement analysis techniques6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Describing the business performance decision-making processes and the role ofaccounting information that is used in those processes.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Identify the potential behavioural implications of performance measurement andmanagementiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:ULK FINANCE PROPOSED PROGRAMME 111

Prepare, analyse and interpret relevant accounting information and present reports tomanagement.As for Financial Analysis, the module develops students' abilities to process and synthesisefinancial data as a means to achieve meaningful information on the position and performance ofthe reporting entity. This module provides the theoretical context of financial statements and thedevelopment of reporting traditions and their use in investment and lending decisions.Students will also be able to assess the financial position, performance and cash flow ofcompanies using financial statements prepared in accordance with International and nationalFinancial Reporting.Based on the analysis of financial statements, being able to recommend alternative appropriatecourses of action to remedy operating and financial problems. Criticizing the narrativeinformation presented in the annual reports of Irish Listed Companiesiv) General transferable skillsHaving successfully completed the module, students should be able to:Prepare, analyse and interpret relevant accounting information and present reports tomanagement.Have an awareness of current topical issues and the likely future development of thesubject7. Indicative ContentPart 1: FINANCIAL REPORTINGObjective of financial statements, Underlying assumptions, Historical ,Constant Item PurchasingPower Accounting ,Qualitative characteristics of financial statements, Elements of financialstatements, Recognition of elements of financial statements, Measurement of the Elements ofFinancial Statement, Concepts of Capital and Capital Maintenance, Concepts of Capital,Concepts of Capital Maintenance and the Determination of Profit, Requirements of IFRS,IASBcurrent projectsPart 2: FINANCIAL ANALYSISIntroduction: Nature, purpose and scope of financial statement analysis; factors affecting thesupply and demand of financial statement information; information needs of user groups.The regulatory framework of financial reporting: Statutory requirements to prepare financialstatements; the role of the accounting profession; stock exchange regulations; internationalinfluences.ULK FINANCE PROPOSED PROGRAMME 112

Revision of Company Accounting and approaches to financial analysis: Review offundamental accounting concepts; review of the nature, purpose and content of basic financialstatements and annual reports of single entities and groups; shortcomings of historical costaccounting and brief introduction to alternative accounting models; examination of recent annualreports.Ratio analysis, Cash Flow Statements: Purpose of ratio analysis; calculation andinterpretation of commonly used ratios, including profitability, liquidity, investment and capitalstructure ratios; limitations of ratio analysis; issues arising in cross sectional and time seriesanalysis. Cash Flow Statements.Company finance and capital structure: Review of the range of financing options available toorganisations in the Republic of Ireland and examination of the factors which influence selectionof finance.8. Learning and Teaching Strategy. Student centered:-Face to face lectures-giving students research topics- Workshops9. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysesPresentations40% 1, 2, 3Final assessment:End-of-SemesterExamination60% 1, 2, 3, 4ULK FINANCE PROPOSED PROGRAMME 113

11 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative Reading ListSutton,T. 2004. Corporate Financial Accounting and Reporting. Prentice HallRevsine, L and Collins, D. 2004. Financial Reporting and Analysis. Prentice Hall.Fraser, L. and Ormiston, A. 2007. Understanding Financial statements. Prentice HallSchoenebeck, K. 2007. Interpreting and analyzing Financial statements. Prentice HallO'Regan, Philip (2006). Financial Information Analysis, 2e, Chichester, John Wiley13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamULK FINANCE PROPOSED PROGRAMME 114

Dr. MUSIIME AndrewOKOKO OSAMBORUDAHIGWA OSWALDNSENGIYUMVA JacquesMUGABO JEAN PAUL15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 115

1 Module Code: _FIN208.........Department: FINANCE2 Module Title:__GENERAL SKILLS 2..............................................................................10 Level: 2 Semester: 2 Credits: 1511 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES12 Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 (LEVEL 1) COURSES* YEAR 2 (LEVEL 2) FIRST SEMESTER COURSES12.1 Allocation of study and teaching hoursTotal student hours ____________LecturesPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours20 6060 4030 20Staffhours10 --------10 --------10 1515 15-------- ----------150 1506.1 Brief description of aims and contentThe objective of this course is to equip students and the public with ICT highly practical skillsneeded on the marketplace. Trainees will learn the functioning of a computer, the desktopenvironment, and file management. Then, they will learn how to use effectively Ms Word, ExcelULK FINANCE PROPOSED PROGRAMME 116

and PowerPoint. A particular attention will be put on the fact that best practice and qualityissues are understood and implemented so as to help trainees improve productivity at work.6.2 Learning Outcomesi) Knowledge and Understanding; Cognitive/Intellectual skills/Application of Knowledge;Communication/ICT/Numeracy/Analytic Techniques/Practical Skills and GeneralTransferable SkillsHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:- use the computer smoothly- Work with MS Word at a fair level- Develop effective presentations using MS PowerPoint- Display competency in using an application software commonly used in his/herprofession-Providing students with sufficient knowledge in the four language skillsListening, Speaking,Reading,Writing, and availing students with techniques incorrespondence and communication,-To make students understand that English is a vital working tools globally.ii) Knowledge and UnderstandingHaving successfully completed the module, students should be able todemonstrate knowledge and understanding of:The fundamental knowledge in English letter writing and other business documentarywritings, and the importance of English in generaliii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the English language skills in the day-to-day life.ULK FINANCE PROPOSED PROGRAMME 117

7. Indicative ContentPart 1: Introduction to Computer1. Introduction to computer system: hardware, software, data users, memory etc2. Windows desktop environment3. Storage device4. Microsoft word+Exercices5. Microsoft Power Point+ExcercicesPart 2: English skills* i: indefinite adjectives* ii : conjuctions* iii: formal writing* iv: composition writing* v: active and passive modes* vi: phrasal verbs* vii: question tags* viii: gerunds* ix: language functions* x: summarizing and paraphrasing* xi: consolidation10. Learning and Teaching Strategy. Student centered:-Face to face lectures-giving students research topics- WorkshopsULK FINANCE PROPOSED PROGRAMME 118

11. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Computer LaboratoryPractice and LanguageCentre LaboratoryExercices60% 1, 2, 3Final assessment:End-of-SemesterExamination40% 1, 2, 311 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)ULK FINANCE PROPOSED PROGRAMME 119

Indicative Reading ListMCKeen, J. and Smith, H. 2009. IT Strategy in Action. Prentice HallAdvanced MS Office Packages Textbooks.ULK Centre of Languages Year 2 Text Book.13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamDr. NDAYAMBAJE PiusTWAGIRIMANA CyprienKAGARAMA John BaptistNSENGIYUMVA JuvénalULK FINANCE PROPOSED PROGRAMME 120

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 121

Republic of RwandaNational Council for Higher EducationFINANCEYEAR 3MODULES DESCRIPTIONSFORMSULK FINANCE PROPOSED PROGRAMME 122

MODULES DESCRIPTIONS IN YEAR 3, FINANCECode Courses (Modules and Units) Credits Hours1. FIN301 Money and Banking15150Unit 1: Monetary Policy7.575Unit 2: Banking7.5752. FIN 302 Audit & Insurance15150Unit 1: Auditing990Unit 2: Insurance6603. FIN303 State Owned Enterprises mgt and I.B.E15150Unit 1: State Owned Enterprises Management7.575Unit2: Intern. Business Environment7.5754. FIN304 Corporate Governance 15 1505. FIN305 Working Capital Management & Business statistics15150Unit 1: Working Capital ManagementUnit 2: Business Statistics7.5757.5756. FIN306 Entrepreneurship & SME15150Unit 1: Entrepreneurship7.575Unit 2: Small and Medium Eses Management7.5757. FIN307 Research Methodology15150Unit 1: Operational Research7.575Unit 2: Research Methodology7.5758. FIN308 General Skills15150Unit 1: Computer skills7.575Unit 2: English skills7.575TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 123

MODULE 11 Module Code: ......FIN301..........._ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: MONEY AND BANKING3. Level: 3 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTAL45 4510 1045 4510 1010 --------10 --------10 1010 10150 1506.1 Brief description of aims and contentThe module aims at providing a comprehensive introduction to theoretical and applied issuesrelating to the banking industry. It introduces to banking, central banking and banking regulationsissues in bank management and comparative banking markets.ULK FINANCE PROPOSED PROGRAMME 124

6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:BankingCentral BankingBanking RegulationsIssues in Bank ManagementTechniques and Practices of BanksComparative Banking Markets.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:apply principles of Money and Banking in manufacturing or service industriesapply Principles of Money and Banking in any working environmentapply Money and Banking principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Demonstrate practical skills relating to BankingDemonstrate practical skills relating to Banking RegulationsDemonstrate practical skills relating to Issues in Bank ManagementDemonstrate practical skills relating to Techniques and Practices of BanksDemonstrate practical skills relating to Comparative Banking Markets.iv) General transferable skillsHaving successfully completed the module, students should be able to:Communicate on and diffuse knowledge relating to techniques and practices of banks.7. Indicative ContentIntroduction to Bank and Banking concepts-Role of Banks in the economic development ofthe country-Functions of Banks-Deposits and Deposit Mobilization-Lending-Lending policiesULK FINANCE PROPOSED PROGRAMME 125

(secured/unsecured) Priorities-Agricultural Finance-Trade Finance.Foreign Exchange and Remittances and other services.Banker-Customer Relationship-Types of Accounts-Cheques-Features, endorsement,payment, dishonoring, collection of cheques-Discounting of bills of exchange-Advances against different securities –Mode of creatingcharges-Pledge and Mortgage-guarantee-Banking in Rwanda-commercial Banks-Unit Banking/Branch Banking-MoneyLenders and Indigenous Bankers-Rural Banks-Cooperative Banks-Privatisation of Banks.8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)Examination10. Assessment PatternComponent Weighting (%) Learning objectives coveredIn-course assessment:assignments: 40 I,ii,iii,ivFinal assessment:Final examination 60 I,ii,iii,iv11. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions availableULK FINANCE PROPOSED PROGRAMME 126

12. Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)CASU, B and GIRARDONE, C. 2006. Introduction to Banking. Prentice HallHOWELLS, P. and BAIN, K. 2008. The Economics of Money, Banking and Finance. PrenticeHallMISHKIN, F. 2007. Economics of Money, Banking and Financial Markets. Prentice Hall13. Teaching TeamDr. AHMED MUSAKANAKINTAMA RWAKABALINDA MANZI14. . UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date1SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali Campus23SignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorULK FINANCE PROPOSED PROGRAMME 127

Seen and agreedSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusLibraryRUDASINGWA Justin, Director, Library, Kigali CampusICTQuality OfficeSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 128

MODULE 21 Module Code: ......FIN302........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: AUDIT AND INSURANCE3. Level: 3 Semester: 1 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed 2 nd Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Auditing and Assurance environmentsMaking students aware of Historical evolution of Auditing and Assurance theory and practicesMaking students understanding the various principles of each step of Auditing and Assurance asprocessesULK FINANCE PROPOSED PROGRAMME 129

Understanding the principles of Auditing and AssuranceMaking students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Principles of each step of Auditing and Assurance functionDemonstrate knowledge and understanding of the Auditing and Assurance environmentsDifferent roles of framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply principles of Auditing and Assurance in manufacturing or service industriesApply Principles of Auditing and Assurance in any working environmentApply Auditing and Assurance principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Teach or communicate to others all principles of Auditing and Assurance, and ofcourse apply them in a working environment.‣ Explain different roles of framework.‣ Explain decision making and leadership skillsiv) General transferable skillsHaving successfully completed the module, students should be able to: Demonstrate Auditing and Assurance skills in a working environment (being public orprivate sector) Demonstrate teamwork skills in a working environment To demonstrate decision making and leadership skillsULK FINANCE PROPOSED PROGRAMME 130

7. Indicative ContentOBJECTIVETo equip the students’ with knowledge on the nature and concepts of auditing and its applicationto public and private business organizationsCONTENTIntroduction to auditing ; Definition of auditing, Distinction between auditing and accounting,Objects of audits, Types of audits, Users of audited reports, Internal versus external audits,Stages of an audit, Overview of the audit process, Background information about the client,Audit planning, controlling, recording and evaluationThe legal and professional requirement for an auditor; Appointment, Letter of engagement,Qualifications of the auditors, Rights of the auditors, Dismissal of auditors, Duties of auditors,Legal liability of auditors, Negligence and the auditor, Professional ethics, Auditing standardsand guidelines.Internal control systems; Definition of the internal control, internal check and internal audit,Types of internal control, Qualities of a good system of internal control, Limitation of internalcontrol, Ascertainment and recording the system of internal control; internal controlquestionnaires, flow-charts, systems notes, Evaluation of the system of internal controls:techniques of evaluation, Compliance testing, Internal control and small businessesAudit evidence; Nature of audit evidence and sources, Method of gathering audit evidence,Qualities of good audit evidence; relevance, reliability and sufficiency, Sampling in audit;reasons for sampling, methods of sampling, factors to be considered in sampling, Qualities of agood sampleInsurance institutions: Definition, functioning and managerial aspects of them.8. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)ExaminationULK FINANCE PROPOSED PROGRAMME 131

10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Case Study analysesPresentations40% 1, 2, 3Final assessment:End-of-SemesterExamination60% 1, 2, 3, 411 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Reference Books;1. Principles of Auditing: Paul M Manasseh, McMore Accounting Books2. Auditing Simplified: N.A Saleemi and Elias Ajowi, Saleemi Publisher3. Modern Auditing: G. Cosserht, John Wiley and Sons Ltd.4. Auditing and Assurance Services and ACL Software: Arens, A and Elder, R., Prentice Hall4. International Standards on auditing, IFAC, Strathmore Educational Trust.14: Teaching TeamDr KATO MAHAZIRUDASINGWA JustinULK FINANCE PROPOSED PROGRAMME 132

RUYUMBU Peter4. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 133

MODULE 31.Module Code: _FIN303.__ Faculty: ECONOMICS AND BUSINESS STUDIES2.Module Title:_ STATE OWNED ENTERPRISES MANAGEMENT & INTERN. BUSINESS ENVIR.3.Level: 3 Semester: 1 Credits:_15___4.First year of presentation: ____ Administering Faculty:ECONOMICS ANDBUSINESS STUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6.Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTALStudenthours40 6010 1040 4010 10Staffhours10 -------------10 -------------15 1515 15150 1506.1. Brief description of aims and contentThe module covers theoretical and practical aspects of the implementation of the system ofPublic Sector management6.2. Learning OutcomesULK FINANCE PROPOSED PROGRAMME 134

i) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:broad and integrated understanding of the well established basic principles of Publicsector managementii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Identify and analyse quantitative methods problems and issues related to the subjectarea of Public sector managementiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Deploy the key techniques of the discipline Public enterprises and National Accountswith confidence and use it to support and enhance workiv) General transferable skillsHaving successfully completed the module, students should be able to:Exercise autonomy and initiative in some activities at a professional Level and takeresponsibility for own work and manage the work of others7. Indicative ContentPart 1 : SOEsTo acquaint the students with the assessment of public sector needs of a public organization,finding the sources of it and efficient utilization of these public enterprises.ContentsIntroduction to public sector management, Principle of public sector management (publicinterest, public service, effectiveness, efficiency, Private and public distinction, politicalenvironment. The nature of the public sector in Rwanda, the structure of the public sector inRwanda, the performance of the Rwanda public sector , the organic law, Governing bodies andthe staffThe budget provision , the other general measures, the legal Nature of SOEs, the SOEsFunctioning ,the Governing bodies, the legitimacy of SOEs, and the current public sector reformpolicies of the Rwandan Government. PRIVATISATION: What is privatisation, Origins ofULK FINANCE PROPOSED PROGRAMME 135

privatisation, Why public enterprises inherently inefficient?, Rwanda’s privatisation strategy,Reasons for privatisation, Methods of privatisation, Privatisation procedures in Rwanda,Privatisation and internal environment, Privatisation and empirical evidence, Benefits ofprivatisation in Rwanda, Negative impact of privatisation on management and society. T heEntrepreneurial public Environment and GovtPart 2: Public sector AccountAccountability and Financial management issues relating to public sector organizations. Accountingfor governmental fund revenues and expenditures. Forms of public financial reporting. FinancialAccounting and reporting requirements of public sector organization. Private finance initiative andpartnerships in public sector reform. Use of accounting information in a selected aspect of publicsector change.8. Learning and Teaching StrategyThe students have to attend the lecture sessions. They are expected to do lot of exercises bytaking real life examples.9. ASSESSMENT STRATEGYThe students will be assessed by means of both formative and summative assessment throughcoursework and examination. Assessment comprises the submission of course works and awritten final examination. The allocation of marks for each examination in presented in the tablebelow.Assessment patternComponent Weighting (%) Learning objectives coveredIn-course assessment:I,ii,iii,ivassignments: 40Final assessment:I,ii,iii,ivFinal examination 60Strategy for feedback and student support during moduleStudents who have problems will be understood by giving home works and asking questions inthe class. In case they need additional explanation that will be provided as discussion group.ULK FINANCE PROPOSED PROGRAMME 136

Indicative ResourcesBergmann, A. 2009. Public Sector Financial Accounting. Prentice HallFreeman, R. and Shoulders, C. 2009. Governemental and Non-profit Accounting. Prentice HallIves, M. and Razek, J. Introduction to Government and Non-for profit Accounting. Prentice Hall.10. Teaching/Technical AssistanceLCD projector with lap top11. Teaching TeamDr. KAAYA SirajeDr. SSEMWAGA AndrewKIMULI RonaldCHAMBARA Justin12. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date1SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali Campus23SignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedULK FINANCE PROPOSED PROGRAMME 137

LibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 138

MODULE 41Module Code: _FIN 304.........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title:__CORPORATE GOVERNANCE.......................................................................3 Level: 3 Semester: 1 Credits: 156 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES7 Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 (LEVEL 1) COURSES* YEAR 2 (LEVEL 2) FIRST SEMESTER COURSES7.2 Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours40 6010 1040 4010 10Staffhours10 --------10 --------20 1515 15-------- ----------150 1506.1 Brief description of aims and contentThis module is designed to provide students with an understanding of corporate governanceand the various corporate governance systems with a specific emphasis on listed publicULK FINANCE PROPOSED PROGRAMME 139

companies. It thus provides a framework for analysing how different stakeholders, bothinternally and externally, influence the behaviour of actors within a company6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Identify and explain the main themes, perspectives and issues in the area of corporategovernance.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Describe the role and the development of corporate governance, particularly its different modelsCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Describe and appraise corporate governance in Ireland as well as differentiate betweeninternational differences in systems of corporate governance.Discuss in an informed way the development of corporate governance structures.Analyze and discuss the influence of different stakeholders on the behaviorof actors within a companyGeneral transferable skillsHaving successfully completed the module, students should be able to:Describe and appraise corporate governance in Ireland as well as differentiate betweeninternational differences in systems of corporate governance.Discuss in an informed way the development of corporate governance structures.Analyze and discuss the influence of different stakeholders on the behaviorof actors within a company7. Indicative ContentIntroduction to Corporate GovernanceULK FINANCE PROPOSED PROGRAMME 140

The historical development of the systems of corporate governanceCorporate governance and the market for corporate controlMeaning of a Company, characteristics of a Company, Distinction between a partnershipand a Company, Kinds of companies, Difference between a private limited company anda public limited company, formation of a companyThe role of the Board of Directors and the Shareholders in the governance ofcompanies.The role of Information Providers and Information Standards in the governance ofcompaniesThe role of Government and Regulators in the governance of companiesInternational differences in systems of corporate governance.Financial Reporting: objectives of corporate reporting, users of accounting information,disclosure requirements, interim financial reporting, segment financial reporting, financialreporting for financial institutions, contents of balance sheet and revenue accounts,maintenance of books of accounts, records and documentsSocial Accounting,Human Resource AccountingThe Modern Corporation and Civil Society11. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- Workshops12. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general moduleULK FINANCE PROPOSED PROGRAMME 141

13. Assessment PatternComponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 40% 1, 2, 3Final assessment:End-of-Semester Examination 60% 1, 2, 3, 411. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative Reading ListKim, Kenneth and Nofsinger, John. 2007. ‘Corporate Governance’ (second edition):ISBN: 978-0-13-603871-9, Prentice Hall. Solomon ‘Corporate Governance and Accountability’ (second edition): ISBN: 978-0-470-03451-4, Wiley. Monks & Minow ‘Corporate Governance’ (fourth edition): ISBN: 9-781405-171069,Wiley.Keasey, Thompson & Wright ‘Corporate Governance: Accountability, Enterprise andInternational Comparisons’: IBSN: 0-470-87030-3, Wiley. Kim & Nofsinger ‘Corporate Governance’ (second edition): IBSN: 0-13-173534-9.Pearson Prentice-HallBrountas ‘Boardroom Excellence: A Commonsense Perspective on CorporateULK FINANCE PROPOSED PROGRAMME 142

Governance’: ISBN: 0-7879-7641-5. Wiley JAIN, S.P. & NARANG, K.L. Advanced Accountancy: Corporate Accounting. ISBN: 81-272-1400-0, Kalyani Printing.13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamDR. SSEMWANGA ANDREWOKOKO OSAMBOTOMBOLA GUSTAVEULK FINANCE PROPOSED PROGRAMME 143

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 144

MODULE 51Module Code: _FIN305.........Faculty: ECONOMICS & BUSINESS STUDIES2* Module Title:__WORKING CAPITAL MANAGEMENT & BUSINESS STATISTICS........3* Level: 4 Semester: 2 Credits: 154 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES5* Pre-requisite or co-requisite modules, excluded combinations* YEAR 1 (LEVEL 1) COURSES* YEAR 2 (LEVEL 2) FIRST SEMESTER COURSES6* Allocation of study and teaching hoursTotal student hours ____________LecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours40 6010 1040 4010 10Staffhours10 --------10 --------20 1515 15-------- ----------150 1506.1 Brief description of aims and contentULK FINANCE PROPOSED PROGRAMME 145

This module is designed to provide students with an understanding ofWorking Capital Management and Business statistics. It thus provides a framework foranalysing how the three different working capital components correlate, short term sources offunds and means of funds placement are examined. Components of inferential statistics appliedto business and finances are the object of the second unit: business statistics.6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Identify and explain the main themes, perspectives and issues in the area of Working capitalmanagement and Business statisticsCognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Describe the role and the development of Working capital management and Business statistics,particularly its different modelsCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Describe and appraise Working capital management and Business statistics Discuss in aninformed way the development of corporate governance structures.Analyze and discuss the influence of different stakeholders on the behaviorof actors within a companyGeneral transferable skillsHaving successfully completed the module, students should be able to:Describe and appraise Working capital management and Business statistics Discuss in aninformed way the development of corporate governance structures.Discuss in an informed way the development of Working capital management and Businessstatistics structures.ULK FINANCE PROPOSED PROGRAMME 146

Analyze and discuss the influence of different stakeholders on the behaviorof actors within a companyIndicative ContentPart 1: WORKING CAPITAL MANAGEMENTOBJECTIVETo acquaint the students with the assessment of working capital needs of an organization,finding the sources of it and efficient utilization of these funds.CONTENTWorking capital meaning and importance, determinants of working capital- Approaches toworking capital management.Forecasting and budgeting; working capital-working capital cycle-Techniques of forecasting;Estimation of working capital needs-cash Vs Balance sheet working capital-operating concept ofworking capital.Financing and control of working capita-sources of working capital-Internal and external sourcelong-term and short term source, Money market instruments, commercial paper, certificates ofdeposits, Factoring, Depreciation, working capital appraised by bankers.Management of cash objectives, importance cash forecasting tools for planning and controllingcash flow reporting techniques Monitoring cash balance; Management of the cash balances.Management of Receivables-objectives, cost of maintaining debtors, factor affecting size ofdebtors credit and collection procedures; variables control of receivables credit policies liberal,stringent and optimum credit policies.Management of payable-significance determinants of trade of payables significancedeterminant of trade credit benefits and cost of credit effective management of payablesManagement of inventory: meaning and objectives. Essentials of good inventory control system,benefits risks and costs associated with inventories, levels of inventories valuation of inventoriescontrol techniques EOG, ABC analysis, JIT Working capital Management scenario in Rwandancompanies.ULK FINANCE PROPOSED PROGRAMME 147

PEDAGOGY: Numerical approach, problems solving, assignments,Part 2: Business Statistics- Probability distribution: Random variables, expected value in decision making ,binomial ,poisson and normal distributions. Sampling and sampling distributions,Estimation standard error.14. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- Workshops15. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module16. Assessment PatternComponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 40% 1, 2, 3Final assessment:End-of-Semester Examination 60% 1, 2, 3, 4ULK FINANCE PROPOSED PROGRAMME 148

11. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS1. K.V. smith, Management of working capital2. S.E. Bolden, Managerial Finance3. Van Horne, Fundamentals of Financial Management, Prentice Hall.13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamProf.Dr. LUKWICHI AlbertKARIWABO EmmanuelCHAMBARA JustinKIMULI RonaldULK FINANCE PROPOSED PROGRAMME 149

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 150

MODULE 61 Module Code: ......FIN306........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: ENTREPRENEURSHIP AND SMALL AND MEDIUM ENTERPRISES3. Level: 4 Semester: 2 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Second Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Entrepreneurship and SME environmentsMaking students aware of Historical evolution of Entrepreneurship and SME theory and practicesMaking students understanding the various principles of each step of Entrepreneurship and SMEas processesUnderstanding the principles of Entrepreneurship and SMEULK FINANCE PROPOSED PROGRAMME 151

Making students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Principles of each step of Entrepreneurship and SME functionDemonstrate knowledge and understanding of the Entrepreneurship and SMEenvironmentsDifferent roles of framework.ii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply principles of Entrepreneurship and SME in manufacturing or service industriesApply Principles of Entrepreneurship and SME in any working environmentApply Entrepreneurship and SME principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Teach or communicate to others all principles of Entrepreneurship and SME, and ofcourse apply them in a working environment.‣ Explain different roles of framework.‣ Explain decision making and leadership skillsiv) General transferable skillsHaving successfully completed the module, students should be able to: Demonstrate Entrepreneurship and SME skills in a working environment (being public orprivate sector) Demonstrate teamwork skills in a working environment To demonstrate decision making and leadership skillsULK FINANCE PROPOSED PROGRAMME 152

7. Indicative ContentPart 1: ENTREPRENEURSHIPThe purpose of this course is to generate essential understanding, insight, and skills intoentrepreneurial management. Full attendance is required, because your grade depends on yourparticipation. Unexcused absences will be penalized.ObjectivesThis course seeks to provide students with an exposure to research and theories and practicesof entrepreneurial management; to trace the roots of characteristics and processes; to offer thebasis for their critical.The course will be organized around three broad objectives articulated in terms of chapters:1. To provide a theoretical framework, conceptualization for entrepreneurship2. To provide an understanding on the entrepreneurial environment and how thatgovernment can be entrepreneurial3. To explain how the strategic management can be an entrepreneurial tool( instruments)Content: Entrepreneurship Vs Management, Rewards and Drawbacks of Entrepreneurship,factors of entrepreneuship, the entrepreneur, the entrepreuneurial process, the entrepreneurialorganization, Strategic Management as entrepreneurial tool, Project Management andentrepreneurship.Part 2: MANAGEMENT OF SMALL AND MEDIUM ENTERPRISES (SME)ObjectivesThis course is to train the enthusiastic students who wish to become entrepreneurs and tointroduce the concepts of entrepreneurship. It focuses on building entrepreneurial competenciesof the students besides exposing them to congenial entrepreneurial environment. It constitutesthe following four objectives:1. Developing entrepreneurial competencies2. Promotion of SME enterprise3. Entrepreneurial environment and Informal sector.ULK FINANCE PROPOSED PROGRAMME 153

4. Be familiar to key concepts in SMB/SME5. Understand the role of SME/SMB in any economy6. Understand the entrepreneurship concepts7. Understand the business plan for a new venture8. Understand the process of creating and managing a SMB/SME for successContentIntroduction to entrepreneurship – characteristics of successful entrepreneur- success storiesfrom Rwanda and elsewhere- Factors influencing entrepreneurship. Domestic-economic –social-political –psychological –factors-Core competencies of successful entrepreneurs-Achievement cluster-opportunity seeking andinitiative –risk taking –demand for efficiency any quality-persistence –commitment to the workcontract – Planning cluster-information seeking –goal setting –systematic planning andmonitoring - Power cluster-persuasion and net working.PEDAGOGY: Case study, Role-play, Assignments in the recognition of creating andmanagement characteristics in SME.6. Learning and Teaching StrategyThe learning and teaching strategy will be student centred.7. Assessment StrategyAssignment (Research and presentation)Examination10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Laboratory Groups 40% 1, 2, 3ULK FINANCE PROPOSED PROGRAMME 154

assignments andpresentationsFinal assessment:End-of-SemesterindividualComputerizedExamination60% 1, 2, 3, 411 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)- Audrey J. Roth (1989:57)- Bateman and Snell (1996:208) Entrepreneurship.- Coulter 2000. Entrepreneurship.- Churchill (19992:49,108)- Donald, L. Sexton&Bowman-Upton, B. 1991. Entrepreneurship: Creativity andgrowth. New York : Macmillan Publishing Company.- Grinnel and Williams (1990:41,219,228)- Hisrich, RD&Peters, Mp. 1998. Entrepreneurship 4 th Edition. Boston: IrwinMcgraw-Hill.-Joseph Schumpeter, (1950) Capitalism, Socialism, and Democracy, 3rd edition, Harperand Row, New York, 1950.- Keneth D. Bailey (1978:33)- Keneth D. Bailey (1987:291)- Kakinda (1990:155)-Longenecker, JG,Moore,CW&Peter,JW.2000. Small business management;an entrepreneurial emphasis. 11 th edition. Ohio: South-Western Publishing.- Martin and Batol ( 1998:672)- Mannheim and C. Rich (1995:447)- Megginson &Byrd. 2000. Entrepreneurship.- McClelland, D. The Achieving Society, Van Nostrand, Princeton NJ, 1961.- Moses and Kalton (1971)ULK FINANCE PROPOSED PROGRAMME 155

-Peter Drucker, (1970) "Entrepreneurship in Business Enterprise", Journal of Business Policy,vol 1,1970.- Lauren Swason (1997:17)- Richard and Williams (19990:138,117 )- Stoner, Freeman and Gilbert (1995:160)- Stoner, Freemen & Gilbrt. 1996. Entrepreneurship.- Timmons JA. 1994. New Venture creation: entrepreneurship for the 21 stcentury. 4 th edition. Chicago: Irwin.- Timmons JA. 1994. New Venture creation: entrepreneurship for the 21 stcentury. 5 th edition. Chicago: Irwin.Journals-Bird, B. (1992)"The Roman God Mercury: An Entrepreneurial Archetype", Journal ofManagement Enquiry, vol 1, no 3, September, 1992.-Busenitz, L. and Barney, J. (1997) "Differences between entrepreneurs and managers in largeorganizations", Journal of Business Venturing, vol 12, 1997.Webs:-MINICOM; www.minicom.gov.rw-RBS, www.rwanda-standards-RIEPA; www.rwandainvest.comHough J. & Neuland E & bothma N. Global business 2 nd ed. Oxford. 2003. 430pFournier C. Techniques de gestion de la PME. ed. d’organisation. 1992. 139.pHisrich R. & peters M. Entrepreneurship. 5 th ed. Mc Graw- Hill 2002 663p14: Teaching TeamTOMBOLA GustaveNDAYIZEYE GervaisGASHEJA FaustinULK FINANCE PROPOSED PROGRAMME 156

4. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 157

MODULE 71 Module Code: ......FIN307........_ Faculty: ECONOMICS AND BUSINESS STUDIES2. Module Title: OPERATIONS AND RESEARCH METHODOLOGY3. Level: 4 Semester: 2 Credits: 154. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed the Second Year and Semester 1 courses6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL50 5010 3030 3010 1010 --------10 --------10 2020 10-------- ----------150 1506.1 Brief description of aims and contentThe module aims at:Making students aware of the Operations and Research Methodology environmentsULK FINANCE PROPOSED PROGRAMME 158

Making students aware of Historical evolution of Operations and Research Methodology theoryand practicesMaking students understanding the various principles of each step of Operations and ResearchMethodology as processesUnderstanding the principles of Operations and Research MethodologyMaking students understanding the different roles of framework.Making students understanding decision making and leadership skills6.2 Learning Outcomesi) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Principles of each step of Operations and Research Methodology functionDemonstrate knowledge and understanding of the Operations and ResearchMethodology environmentsii) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply principles of Operations and Research Methodology in manufacturing or serviceindustriesApply Principles of Operations and Research Methodology in any working environmentApply Operations and Research Methodology principles in any working environmentiii) Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Teach or communicate to others all principles of Operations and ResearchMethodology, and of course apply them in a working environment.‣ Explain different roles of framework.‣ Explain decision making and leadership skillsiv) General transferable skillsHaving successfully completed the module, students should be able to:ULK FINANCE PROPOSED PROGRAMME 159

Demonstrate Operations and Research Methodology skills in a working environment(being public or private sector) Demonstrate teamwork skills in a working environment To demonstrate decision making and leadership skills7. Indicative ContentPart 1: OPERATIONAL RESEARCHOBJECTIVETo enable the students to be familiar with the various operations research models and theirusage in business decision-making.CONTENTINTRODUCTION: Historical Background, Need and development of Operations Research.General methodology of solving Operation Research Problems – Applications in Management.LINEAR PROGRAMMING : Formulation – graphical solution, quality, use of ComputerPackages to solve L.P Problems of more than two variables.TRANSPORTATION MODEL : Initial Basic feasible solution North west corner Rule,Least cost method and Vogels’ Approximation method, moving towards optimality.PERT/CPM: Concept of a Network, Rules for Construction of Network, Arrow diagrams, findingcritical path. Expected time, standard deviation and variance of activities. CPM-model, crashingthe activities for minimum and optimum duration.SUMULATION: Basic concepts, types of simulation, Random Numbers, Monte Carlosimulation-Applications.System simulation, Uniform time interval and next event simulation. Various random numbergenerating techniques. General purpose and special purpose computer languages. Introductionto GPSS- The GENERATE, ADVANCE, QUEUE, DEPART, TERMINATE.Statements.Simple Business problemsInterpretation of the output.The storage block, enter; Leave, statements using various statistical functions and user-definedfunctions. Problems and AnalysisDYNAMIC PROGRAMMING: simple problems.PEDAGOGY: Numerical approach, Exercises, Assignments and problems in the areas of linearprogramming, transportation, pert-cpm and dynamic programming Exercises and AssignmentsULK FINANCE PROPOSED PROGRAMME 160

Part 2: BUSINESS RESEARCH METHODOLOGYOBJECTIVETo expose students to the application of scientific research methods and techniques in dealingwith modern business issues, to train students in the art of conceptualization of researchproblems, collection and analysis of data and writing of reports with a focus on problem orientedbusiness research in Rwanda.CONTENTMeaning and importance of research – process of research types of research – definingresearch problem review of literature, formation of hypothesis – units analysis, time and spaceconsiderations-Methods of scientific inquiry - traditional, basic and applied research concepts –hypotheses, theories, law generalization – constructs, principles of causality.Sources of data – primary and secondary data, variable (dependent and independent) – datacollection instruments – primary data collection – interviews - questionnaires (mailed and selfadministered)pilot – study – observation – surveys, experiments, ex-post facto – collection ofsecondary data – methods employed.Sampling and sampling designs – census surveys – sample surveys – sampling techniques(random and non – random sampling techniques).Data processing – editing, coding and classifications of data.Data analysis, interpretations and Measurement – reliability and validity – measurement ofattitudes, scaling types – statistical (Correlation, Regression, chi-square) and qualitativeanalysis-hypothesis testing.Data presentation-charts, tables and graphic presentation of dataReport writing – types of reports – theses, dissertation, monograph, term paper etc, - substanceof report – format of report – presentation of report.PEDAGOGY: Lectures, Experiential Exercises, Assignments and case studies on problemformulation, sampling designing, hypothesis testing, drawing inferences and conclusions andreport writing8. Learning and Teaching Strategy.The learning and teaching strategy will be student centred.9. Assessment StrategyAssignment (Research and presentation)ExaminationULK FINANCE PROPOSED PROGRAMME 161

10 Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation2020Final assessment:End of Semesterexamination6011 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS : Operations Research1. Operations Research – S. Dharani Venkata Krishnan.2. Introduction to Management Science, Cook TM and R.A. Russel.3. Quantitative Methods for Management Decisions William P.BOOKS: Research methodlogy1. Paulin V. Young, Social Science Research Methodology, Mc GrawHill2. Goodie and Hatt, Scientific Research Methodology3. Kothari CR, Research Methodology, Methods and Techniques – Wiley Eastern New Delhi4. Wilkinson TS and PL Bhandarker, Methodology and Techniques of Social Research,Himalaya Publishing House, Mumbai.ULK FINANCE PROPOSED PROGRAMME 162

13: Teaching TeamProf. Dr. NKURUNZIZA Jean PierreDr. KATO MAHAZIRUZIBIZA StanislasNGABOYISONGA ROCHDUSHIMIMANA J.D14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 163

ULK FINANCE PROPOSED PROGRAMME 164

MODULE 81 Module Code: _FIN308.........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title:__GENERAL SKILLS 3..............................................................................3 Level: 4 Semester: 2 Credits: 154 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES5 Pre-requisite or co-requisite modules, excluded combinations* YEAR 2 (LEVEL 2) COURSES6. Allocation of study and teaching hoursTotal student hours ____________LecturesPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTALStudenthours20 6060 4030 20Staffhours10 --------10 --------10 1515 15-------- ----------150 1506.1 Brief description of aims and contentThe objective of this course is to equip students with ICT highly practical skills needed on themarketplace. Trainees will learn the functioning of a computer, the desktop environment, and filemanagement. Then, they will learn how to use effectively Ms Word, Excel and PowerPoint. Aparticular attention will be put on the fact that best practice and quality issues are understoodand implemented so as to help trainees improve productivity at work.ULK FINANCE PROPOSED PROGRAMME 165

6.2 Learning Outcomesiv) Knowledge and Understanding; Cognitive/Intellectual skills/Application of Knowledge;Communication/ICT/Numeracy/Analytic Techniques/Practical Skills and GeneralTransferable SkillsHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:- use the computer smoothly- Work with MS Word at a fair level- Develop effective presentations using MS PowerPoint- Display competency in using an application software commonly used in his/herprofessionThis module is for:-Providing students with sufficient knowledge in the four language skillsListening, Speaking,Reading,Writing, and availing students with techniques incorrespondence and communication,-To make students understand that English is a vital working tools globally.v) Knowledge and UnderstandingHaving successfully completed the module, students should be able todemonstrate knowledge and understanding of:The fundamental knowledge in English letter writing and other business documentarywritings, and the importance of English in generalvi) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the English language skills in the day-to-day life.7. Indicative ContentPart 1: Computer Skills 31. Introduction to computer system: hardware, software, data users, memory etcULK FINANCE PROPOSED PROGRAMME 166

2. Windows desktop environment3. Storage device4. Advanced Microsoft word+Exercices5. Advanced Microsoft Power Point+ExcercicesPart 2: ENGLISH SKILLS 3* i: indefinite adjectives* ii : conjuctions* iii: formal writing* iv: composition writing* v: active and passive modes* vi: phrasal verbs* vii: question tags* viii: gerunds* ix: language functions* x: summarizing and paraphrasing* xi: consolidation8. Learning and Teaching Strategy. Student centered:-Face to face lectures-giving students research topics- Workshops9. Assessment Strategy-practical group class work-Individual practical course workULK FINANCE PROPOSED PROGRAMME 167

-Various assignments and lastly the final examination on the general module10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Computer LaboratoryPractice and LanguageCentre LaboratoryExercices60% 1, 2, 3Final assessment:End-of-SemesterExamination40% 1, 2, 311 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative Reading ListMCKeen, J. and Smith, H. 2009. IT Strategy in Action. Prentice HallAdvanced MS Office Packages Textbooks.ULK Centre of Languages Year 2 Text Book.ULK FINANCE PROPOSED PROGRAMME 168

13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamDr. NDAYAMBAJE PiusNSENGIYUMVA JuvénalHASHAKIMANA ANASTASEBUCYANA BOSCOBAKUNZI THEOTIMEULK FINANCE PROPOSED PROGRAMME 169

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 170

Republic of RwandaNational Council for Higher EducationFINANCEYEAR 4MODULES DESCRIPTIONSFORMSULK FINANCE PROPOSED PROGRAMME 171

MODULES DESCRIPTIONS IN YEAR 4, FINANCE4th year Finance Credits Hrs1. FIN401 Security Analysis and Portfolio ManagementUnit 1: Portfolio ManagementUnit 2: Security Analysis126612060602. FIN402 Advanced Financial Analysis & Interpretation 12 1203. FIN403 International Finance 12 1204. FIN404 Management Control 12 1205. FIN405 Quality & Risk ManagementUnit 1: Quality ManagementUnit 2: Risk Management6. FIN406 Financial Markets and InstitutionsUnit 1: Financial MarketsUnit 2: Financial Institutions12661266120606012060607. FIN407 Project Management 12 1208. FIN408 General skillsUnit 1: Computer (Financial software Application)Unit 2: English skills126612060609. FIN409 Internship 12 12010 FIN410 Dissertation 12 120TOTAL 120 1200ULK FINANCE PROPOSED PROGRAMME 172

MODULE 11 Module Code: _FIN 401.........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title: SECURITY ANALYSIS AND PORTFOLIO MGT3 Level: 5 Semester: 1 Credits: 124 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES5 Pre-requisite or co-requisite modules, excluded combinations* YEAR 3 (LEVEL 3 & 4) COURSES6 Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLectures30 40Seminars/workshops10 20Practical classes/laboratory20 30Structured exercises10 10Set reading etc.10 --------Self-directed study10 --------Assignments – preparation and writing10 10Examination – revision and attendance20 10Other:-------- ----------TOTAL120 1206.1 Brief description of aims and contentPORTFOLIO MGT & SECURITY ANALYSIS is a highly competitive sector of modernbusiness. It operates in a very complex and dynamic environment with changesULK FINANCE PROPOSED PROGRAMME 173

occurring rapidly in client requirements, technology, competition and regulation.Financial managers, traders, analysts and those wishing to pursue a career in this fieldhave to make rapid and sometimes far reaching decisions. Therefore a uniqueopportunity to study advanced theory and practice relating to Portfolio management &Security analysis, and to develop the skills and practices necessary to survive in thiscomplex environment must be considered an essential asset.Aims:• To provide students with the knowledge, understanding and skills required to operateeffectively in Portfolio management & Security analysis.• To allow students to make Portfolio management & Security analysis decisions in a fastmoving environment.• To provide a source of highly skilled graduates to the financial services industry.• To prepare students for high level positions in industry, commerce and banking.6.2 Learning OutcomesI) Knowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Explain the role of Portfolio management & Security analysis in a modern internationalbusiness.Describe the Portfolio management & Security analysis environment and appreciate its rolein corporate Portfolio management & Security analysis decision making.To understand the operation and application of Portfolio management & Security analysis.To provide students with an understanding of Portfolio management & Security analysisdecisions in the environment.ULK FINANCE PROPOSED PROGRAMME 174

II) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Students should be able to apply principles of Portfolio management & Security analysisin manufacturing or service industriesStudents should be able to apply Principles of Portfolio management & Security analysisin any working environmentStudents should be able to apply Portfolio management & Security analysis principles inany working environmentIII) Communication/ICT/Numeracy/AnalyticTechniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students should be able to plan strategically, tactically and operationally, to organize,to supervise and to control in any working environment‣ Students should be able to teach or communicate to others all principles of Portfoliomanagement & Security analysis and of course apply them in a workingenvironment.‣ Students should be able to explain different roles of framework.‣ Students should be able to explain decision making and leadership skillsIV) General transferable skillsHaving successfully completed the module, students should be able to: Students should be able to demonstrate Portfolio management & Security analysis skillsin a working environment (being public or private sector) Students should be able to demonstrate conceptual, planning, organizing, coordinatingand controlling skills in any environment Students should be able to demonstrate teamwork skills in a working environment Students should be able to demonstrate decision making and leadership skillsV) General transferable skillsHaving successfully completed the module, students should be able to:ULK FINANCE PROPOSED PROGRAMME 175

7. Indicative ContentPart 1: PORTFOLIO MANAGEMENTOBJECTIVETo equip the students with the concepts and techniques of long termInvestment management and financial strategy.CONTENTInvestment management concept and scope investment Vs gamblingcomponents of investment risk valuation of securities, bonds, preference shares and equityshares.Analysis for equity investment-fundamental analysis, economic analysis industry analysis,company analysis, technical analysis. Efficient market hypothesis concept and forms of efficientmarket.Portfolio theory-traditional and modern portfolio theory, portfolio models Markowitz, sharpe andcapital Asset pricing models-portfolio selection-Evaluation of portfolio performance.PEDAGOGY: Numerical approach, problem solving, assignments,BOOKS: 1. Donald E. Fischer and Ronald J. Jordan, security Analysis and portfolioManagement2. J.C. Francis, Investments: Analysis and Management3. Sharpe and Alexander, Investments.ULK FINANCE PROPOSED PROGRAMME 176

Part 2: SECURITY ANALYSISObjectivesHaving completed the module, students should be able to make correctly analysis of financingneeds and to suggest securities that present the most potentialities of profit. This necessitatesthe determination of the financial position of the enterprise, and its investment projects.The owner of the enterprise or the portfolio manager must know very well the movements on thecapital markets; in particular the securities variation. He must regularly compare his portfolio tothe competitors’ ones, to evaluate, to review, to find a new equilibrium for the portfolio; and if itbecomes necessary to sell it.Periodical security portfolio analysis permits to measure the financial performance of theenterprise, which is very important for the investor wealth.ContentChapter 1: SECURITIES: SOURCES OF FINANCE1-1 Financial assets1-2 Raising equity capital1-3 Stock markets1-4 Debt finance1-5 Stock market efficiencyChapter 2: INVESTMENT VALUE2-1 Value management and measurement2-2 Valuing shares and dividend policy2-3 Cost of capital and the time value of money2-4 Security structures and determining enterprise valuesChapter 3: SECURITIES MARKETS3-1 Market segmentation3-2 Converting capital into shareholder profits3-3 Investment management3-4 Evaluating management performance8. Learning and teaching strategyULK FINANCE PROPOSED PROGRAMME 177

The first chapter concerns mainly theory on financial securities. The lecturer will explain thedifferent notions of capital markets: role, mission, financial assets, and investor expectations ofthe capital markets financing.The two next chapters are practical. The students will discuss the topics and solve exercisesproposed by the lecturer, but also by the students themselves. This will provide them with moreknowledge of modern financing procedures and techniques.9. AssessmentAssignments should be done in groups, but assessment will be individual; because eachstudent must present and explain how he has understood the subject, the topic of the work.10. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- Workshops11. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general moduleULK FINANCE PROPOSED PROGRAMME 178

12. Assessment PatternComponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 40% 1, 2, 3Final assessment:End-of-Semester Examination 60% 1, 2, 3, 411. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative resources1. Glen ARNOLD “Corporate financial management”Prentice-Hall, UK, 20052. Stanley BLOCKGeoffrey HIRT “Foundations of financial management”Homewood, ILLINOIS, 60430, 1987ULK FINANCE PROPOSED PROGRAMME 179

3. Prasanna CHANDRA ‘Investment analysis and portfolio management”Tata McGraw-Hill Publishing Company Ltd,New Delhi, 20024. Harriet KIWANUKA Securities courseSITI Training Institute, Kampala, Uganda5. J. Chris LEACHRonald W. MELICHER “Finance for entrepreneurs”South-Western, CENGAGE Learning6. Frederic S. MISHKIN “The economics of money, banking and financialmarkets”PEARSON, Addison Wesley, 20077. Richard PIKE ‘Corporate finance and investment: decisions andstrategies”Prentice-Hill of India, New Delhi-110 001, 20048. Stephen A. ROSS “Fundamentals of corporate finance”Tata McGraw-Hill Publishing Company Ltd, NewDelhi, 200313. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.ULK FINANCE PROPOSED PROGRAMME 180

14: Teaching TeamOKOKO OSAMBOMORISHO NENEMUSAFIRI ILDEPHONSE15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 181

MODULE 21 Module Code: _FIN 402........Faculty: ECONOMICS & BUSINESS STUDIES2 Module Title:_ADVANCED FINANCIAL ANALYSIS & INTERPRETATION7 Level: 5 Semester: 1 Credits: 128 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES9 Pre-requisite or co-requisite modules, excluded combinations* YEAR 3 (LEVEL 3 & 4) COURSES10 Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 182

6.1 Brief description of aims and contentADVANCED FINANCIAL ANALYSIS & INTERPRETATION is a highly competitive sector ofmodern business. It operates in a very complex and dynamic environment with changesoccurring rapidly in client requirements, technology, competition and regulation.Financial managers, traders, analysts and those wishing to pursue a career in this fieldhave to make rapid and sometimes far reaching decisions.Aims:• To provide students with the knowledge, understanding and skills required to operateeffectively in Advanced financial analysis and interpretation.• To allow students to make Advanced financial analysis and interpretation decisions in afast moving environment.• To provide a source of highly skilled graduates to the financial services industry.• To prepare students for high level positions in industry, commerce and banking.6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Explain the role of Advanced financial analysis and interpretation in a modern internationalbusiness.ULK FINANCE PROPOSED PROGRAMME 183

Describe the Advanced financial analysis and interpretation environment and appreciate itsrole in advanced financial analysis and interpretation decision making.To understand the operation and application of advanced financial analysis andinterpretation.To provide students with an understanding of advanced financial analysis and interpretationdecisions in the environment.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Students should be able to apply principles of Advanced financial analysis andinterpretation in manufacturing or service industriesStudents should be able to apply Principles of Advanced financial analysis andinterpretation in any working environmentStudents should be able to apply Advanced financial analysis and interpretationprinciples in any working environmentCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ Students should be able to plan strategically, tactically and operationally, to organize,to supervise and to control in any working environment‣ Students should be able to teach or communicate to others all principles ofAdvanced financial analysis and interpretation and of course apply them in a workingenvironment.‣ Students should be able to explain different roles of framework.‣ Students should be able to explain decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to: Students should be able to demonstrate Portfolio management & Security analysis skillsin a working environment (being public or private sector) Students should be able to demonstrate conceptual, planning, organizing, coordinatingand controlling skills in any environment Students should be able to demonstrate teamwork skills in a working environmentULK FINANCE PROPOSED PROGRAMME 184

Students should be able to demonstrate decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to:7. Indicative Content1. Introduction to IAS, GAAP, Rwanda Accounting Standards GAAP in Rwanda GAAP- Statements and Standards, hierarchy of GAAP International Accounting Standards2. Preparation of Company Accounts under various circumstances• Relevant Terms• Types of Mergers, methods of accounting• Treatment of Goodwill arising on Merger.• Purchase Consideration and Settlement.• Accounting in the books of vendor / transferor company.• Accounting for investment in subsidiary.• Accounting of holding companies• Consolidation of financial statements.• Corporate Financial restructuring• Accounting standards relevant to these concepts.3. Group Financial Statements• Holding company, Subsidiary Company and Associate companyULK FINANCE PROPOSED PROGRAMME 185

• Consolidated Income Statement, Balance Sheet and Cash Flow Statements for Groupof companies• Concept of fair value at the time of acquisition• Impact on group financial statements at the point of acquisition• Compare and contrast acquisition and equity methods of accounting• Reconstruction schemes , De-merger• Preparation and interpretation of segmental analysis, inter-firm comparisons4. Segment Reporting5. Developments in External Reporting• Applicability of a particular accounting standard.• Interpretation of various accounting standards.• Scope of accounting standards.• Compliance with the Accounting Standards.• Annual Reports – Statutory Requirements and External reports• Preparation of Financial information in the Annual Reports• External Reporting under capital market regulations• Disclosure of post Balance Sheet events.• Financial Reporting across the world• IFRS requirements for reporting6. Government Accounting• General Principles.ULK FINANCE PROPOSED PROGRAMME 186

• Comparison with commercial accounting.• Role of the Comptroller and Auditor General.• Role of the Public Accounts Committee.•Review of accounts.13. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- Workshops14. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module15. Assessment PatternConmponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 40% 1, 2, 3Final assessment:End-of-Semester Examination 60% 1, 2, 3, 4ULK FINANCE PROPOSED PROGRAMME 187

11. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamRUDAHIGWA OswaldOKOKO OSAMBOMUGABO Jean paulULK FINANCE PROPOSED PROGRAMME 188

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 189

MODULE 3FIN403 INTERNATION FINANCE1 Module Code: _FIN 403.........Faculty: ECONOMIC & BUSINESS STUDIES2 Module Title:__INTERNATIONAL FINANCE11 Level: 5 Semester: 1 Credits: 1212 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES13 Pre-requisite or co-requisite modules, excluded combinations* YEAR 3 (LEVEL 3 & 4) COURSES14 Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 190

6.1 Brief description of aims and contentInternational finance is a highly competitive sector of modern business. It operates in avery complex and dynamic environment with changes occurring rapidly in clientrequirements, technology, competition and regulation. Financial managers, traders,analysts and those wishing to pursue a career in this field have to make rapid andsometimes far reaching decisions. Therefore a unique opportunity to study advancedtheory and practice relating to international finance and to develop the skills andpractices necessary to survive in this complex environment must be considered anessential asset.Aims:• To provide students with the knowledge, understanding and skills required tooperate effectively in international finance.• To allow students to make financial decisions in a fast moving internationalenvironment.• To provide a source of highly skilled graduates to the financial services industry.• To prepare students for high level positions in industry, commerce and banking.6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:Explain the role of financial management in a modern international business.Describe the international financial environment and appreciate its role in corporate financialdecision making.ULK FINANCE PROPOSED PROGRAMME 191

To understand the operation and application of international currency markets including debtand derivative instruments.To provide students with an understanding of corporate finance and investment decisions inan international environment.To provide students with the necessary quantitative and analytical skills.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Acquire intellectual skills on managing business finance in a modern international business.Acquire intellectual skills on international corporate financial decision making.Acquire intellectual skills on operation and application of international currency marketsincluding debt and derivative instruments.Acquire intellectual skills on corporate finance and investment decisions in an internationalenvironment.Acquire intellectual skills on quantitative and analytical skills related to the internationalfinance realitiesCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:Acquire practical skills on managing business finance in a modern international business.Acquire practical skills on international corporate financial decision making.Acquire practical skills on operation and application of international currency marketsincluding debt and derivative instruments.Acquire practical skills on corporate finance and investment decisions in an internationalenvironment.Acquire practical skills on quantitative and analytical skills related to the international financerealitiesGeneral transferable skillsHaving successfully completed the module, students should be able to:ULK FINANCE PROPOSED PROGRAMME 192

Operate on international currency markets including debt and derivative instruments.Make decisions on corporate finance and investment in an international environment.7. Indicative ContentOverview on Multinational Financial ManagementInternational Flow of FundsInternational Financial MarketsExchange Rate DeterminationCurrency futures and optionsRelationship between inflation, interest rates and exchange ratesForecasting exchange ratesManaging transaction exposureManaging economic exposure and translation exposureFinancing International TradeShort-term FinancingInternational Cash ManagementDirect Foreign InvestmentMultinational Capital BudgetingMultinational Cost of Capital and Capital StructureCountry Risk AnalysisLong-term FinancingGlobal Strategic PlanningInternational BankingThe International Debt Crisis and Bank assessment of Country RiskMake decisions on corporate finance and investment in an international environment.16. Learning and Teaching Strategy. Student centred:-Face to face lectures-giving students research topics- WorkshopsULK FINANCE PROPOSED PROGRAMME 193

17. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module18. Assessment PatternConmponent Weighting (%) Learning objectives coveredIn-course assessment:Case Study analyses Presentations 40% 1, 2, 3Final assessment:End-of-Semester Examination 60% 1, 2, 3, 411. Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)ULK FINANCE PROPOSED PROGRAMME 194

Indicative Reading ListAlan C. Shapiro, “Multinational Financial Management”, 7th.Edition.Kirt C. Butler, “Multinational Finance”, 3rd.EditionCrum, Brigham and Houston, “Fundamentals of International Finance”, 1st Edition.Jeff Madura, “International Financial Management”. 8th EditionJeff Madura, “Financial Markets and Institutions”Yarbrough and Yarbrough, “The World Economy- Macroeconomics and Finance”, 7th EditionRobert A. Strong, “Derivatives: An introduction.” 2nd.EditionPeriodicals, journals and other sources.Financial Times; Economist; Central Bank Reports; Journals of Accountancy BodiesSelected WeblinksJournal of Finance www.afajof.org/jofihome.shtmlFinancial Analysts Journal www.aimr.com/aimr/pubs/faj/fajhome.htmlCentral Bank of Ireland www.centralbank.ieFinancial Times www.ft.comThe Economist www.economist.comStandard & Poor's www.standardpoor.comWashington University www.econwpa.wustl.edu/wpawelcome.html13. Teaching/Technical AssistanceULK FINANCE PROPOSED PROGRAMME 195

The ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamOKOKO OSAMBOMORISHO NENEMUSAFIRI ILDEPHONSEULK FINANCE PROPOSED PROGRAMME 196

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 197

MODULE 41 Module Code: ......FIN404..........._ Faculty: ECONOMICS AND BUSINESS STUDIESModule Title:MANAGEMENT CONTROL3. Level: 2 Semester: 1 Credits: 124. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 198

6.1 Brief description of aims and contentThe module aims at:-Making students aware of the Management control environments-Making students aware of Historical evolution of Management control theory andpractices-Making students understanding Management control as processes: Planning,organizing, coordinating and controlling-Making students understanding the various principles of each step or Managementcontrol as processes-understanding the principles of Management control-Making students understanding the different roles of framework.-Making students understanding decision making and leadership skills6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of: principles of each step or Management control function the Management control environment different roles of framework.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:apply principles of Management control in manufacturing or service industriesULK FINANCE PROPOSED PROGRAMME 199

apply Principles of Management control in any working environmentapply Management control principles in any working environmentCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ plan strategically, tactically and operationally, to organize, to supervise and to controlin any working environment‣ teach or communicate to others all principles of Management control and of courseapply them in a working environment.‣ explain different roles of framework.‣ explain decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to: demonstrate managerial skills in a working environment (being public or private sector) demonstrate conceptual, planning, organizing, coordinating and controlling skills in anyenvironment demonstrate teamwork skills in a working environment demonstrate decision making and leadership skills1. Indicative ContentOBJECTIVEThis course is aimed at enabling the students to detect and correct the deviationsbetween planned and realized activities of a firm.CONTENTIntroduction to Management control and management control systems –characteristics of management control systems - management control vs. operationalcontrol.Designing the control process and managerial controls – key success variables andperformance measures. Style and culture of control systems components of controlULK FINANCE PROPOSED PROGRAMME 200

systems: - organizing for adaptive control, autonomy, responsibility centres,performance measures, reward systems, communication and integration, strategicplanning and programming, capital budgeting, operational planning, managerialcosting (traditional and activity based) and continuous improvement methods.Control techniques with respect to the firms’ resources-humans, financial, marketing andphysical and maternal resources.PEDAGOGY: Case study, experiential exercises, assignments.2. PEDAGOGYCase study/class room Discussion, Assignments. Learning and Teaching Strategy.The learning and teaching strategy will be student centred. Assessment Strategy Assignment (Research and presentation) Examination10 Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation2020Final assessment:End of Semesterexamination60ULK FINANCE PROPOSED PROGRAMME 201

11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS : 1. Robert N. Anthony, John Dearden, Richard F.Vancil,Management control systems, cases and Readings Richard D. Irwin, Inc.2. Marvin E. Mundel, A Conceptual Framework for the ManagementsSciences, McGraw-Hill Book Company.3. Subash Sarma, Management Control Systems, Prentice Hall of India.14: Teaching TeamDr. AHMED MUSATWAGILIMANA EmmanuelULK FINANCE PROPOSED PROGRAMME 202

4. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 203

MODULE 51 Module Code: ......FIN405..........._ Faculty: ECONOMICS AND BUSINESS STUDIESModule Title: QUALITY & RISK MANAGEMENT3. Level: 2 Semester: 1 Credits: 124. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 204

6.1 Brief description of aims and contentThe module aims at:-Making students aware of the Quality and risk management environments-Making students aware of Historical evolution of Quality and risk managementtheory and practices-Making students understanding Quality and risk management as processes:Planning, organizing, coordinating and controlling-Making students understanding the various principles of each step or Quality and riskmanagement as processes-understanding the principles of Quality and risk management-Making students understanding the different roles of framework.-Making students understanding decision making and leadership skills6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of: principles of each step or Quality and risk management function the Quality and risk management environment different roles of framework.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:apply principles of Quality and risk management in manufacturing or service industriesapply Principles of Quality and risk management in any working environmentapply Quality and risk management principles in any working environmentULK FINANCE PROPOSED PROGRAMME 205

Communication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ plan strategically, tactically and operationally, to organize, to supervise and to controlin any working environment‣ teach or communicate to others all principles of Quality and risk management and ofcourse apply them in a working environment.‣ explain different roles of framework.‣ explain decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to: demonstrate managerial skills in a working environment (being public or private sector) demonstrate conceptual, planning, organizing, coordinating and controlling skills in anyenvironment demonstrate teamwork skills in a working environment demonstrate decision making and leadership skills3. Indicative ContentPart 1: Quality managementOBJECTIVEThe overall aim of the course is to provide a comprehensive insight into what qualitymanagement involves and an in-depth understanding of quality managementsystems.To familiarize the students with the probability of uncertainty and risk in businesssituations and to impart ways and means of preventing, reducing and transferringrisk.CONTENTQuality meaning, nature and scope.Conceptual aspects of quality management in an organization cost of quality in anULK FINANCE PROPOSED PROGRAMME 206

organization quality and quality cultures.Approaches to quality management programmes in organization –traditional and modernquality management systems – planning of quality for quality improvement – role ofpeople.Forms of quality management – Quality Control (QC), Quality Assurance (QA),Quality Circle (QC), Total Quality Management (TQM), etc.Part 2: Risk managementConceptual understanding of uncertainty and risk Nature of Risk – Types of risks –Economic risk Vs business risk – Incidence of Risk in Business Functional areas,Human Resource risk, finance risk, operations risk, marketing risk and informationrisk.Fundamentals of Risk Management – Diagnosing or measurement of risk, use ofActuarial science.Prevention of Risk – precautionary Measures – Monitoring – Feedback – correctiveActions. Reduction of Risk element – postponement or withdrawal from activity –Diversification –crisis Management.Transfer of Risk – concept and significance of insurance – insurance types – Modalitiesand procedures – claiming of insurance –problems and prospect of insurance.4. PEDAGOGYCase study/class room Discussion, Assignments. Learning and Teaching Strategy.The learning and teaching strategy will be student centred.Assessment Strategy Assignment (Research and presentation) ExaminationULK FINANCE PROPOSED PROGRAMME 207

10 Assessment PatternComponent Weighting (%)In-courseassessment:ResearchPresentation2020Final assessment:End of Semesterexamination6011 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS :Gitlow,H.S. & Al. (2005). Quality Management: Tools and Methods for Improvement. Boston:Irwin-McGraw-HillFoster, T. (2007). Managing Quality. Essex: Prentice HallULK FINANCE PROPOSED PROGRAMME 208

14: Teaching TeamDr. AHMED MUSATWAGILIMANA Emmanuel4. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 209

MODULE 61 Module Code: ......FIN406..........._ Faculty: ECONOMICS AND BUSINESS STUDIESModule Title: FINANCIAL INSTITUTIONS AND MARKETS3. Level: 2 Semester: 1 Credits: 124. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 210

6.1 Brief description of aims and contentThe module aims at:-Making students aware of the Financial Institutions and Markets environments-Making students aware of Historical evolution of Financial Institutions and Marketstheory and practices-Making students understanding Financial Institutions and Markets as processes:Planning, organizing, coordinating and controlling-Making students understanding the various principles of each step or FinancialInstitutions and Markets as processes-understanding the principles of Financial Institutions and Markets-Making students understanding the different roles of framework.-Making students understanding decision making and leadership skills6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of: principles of each step or Financial Institutions and Markets function the Financial Institutions and Markets environment different roles of framework.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to: apply principles of Financial Institutions and Markets in manufacturing or serviceindustriesULK FINANCE PROPOSED PROGRAMME 211

apply Principles of Financial Institutions and Markets in any working environmentapply Financial Institutions and Markets principles in any working environmentCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ plan strategically, tactically and operationally, to organize, to supervise and to controlin any working environment‣ teach or communicate to others all principles of Financial Institutions and Marketsand of course apply them in a working environment.‣ explain different roles of framework.‣ explain decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to: demonstrate managerial skills in a working environment (being public or private sector) demonstrate conceptual, planning, organizing, coordinating and controlling skills in anyenvironment demonstrate teamwork skills in a working environment demonstrate decision making and leadership skills5. Indicative ContentPart 1 : Financial MarketsOBJECTIVETo introduce students to the management of all types of depository institutions andpension funds, investment companies and securities firms.CONTENTManaging Financial Institution-Managing loan portfolio of financial institutions.Managing Assets, liabilities and capital in Rwanda.ULK FINANCE PROPOSED PROGRAMME 212

Part 2: Financial MarketsManaging interest rate risk. Managing long term investment and fee based services.Valuing bank and finance company performance. Managing pension funds,securities firm and diversified services funds.PEDAGOGY: Lecturing, case study, Assignments6. PEDAGOGYCase study/class room Discussion, Assignments. Learning and Teaching Strategy.The learning and teaching strategy will be student centred.Assessment Strategy Assignment (Research and presentation) Examination10 Assessment PatternComponents Weighting (%)In-courseassessment:ResearchPresentation2020Final assessment:End of Semesterexamination60ULK FINANCE PROPOSED PROGRAMME 213

11 Strategy for feedback and student support during module ; Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS:Garden, I and Mills, DL (1999) Managing Financial Institutions: AnAsset/Liability Approach. The Dry Den Press.14: Teaching TeamDr. MUSIIME AndrewDr. AHMED MUSAULK FINANCE PROPOSED PROGRAMME 214

4. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 215

MODULE 71 Module Code: .....FIN407.........._ Faculty: ECONOMICS AND BUSINESS STUDIESModule Title: PROJECT MANAGEMENT3. Level: 2 Semester: 1 Credits: 124. First year of presentation: 2011 Administering Faculty: ECONOMICS AND BUSINESSSTUDIES5. Pre-requisite or co-requisite modules, excluded combinationsHaving successfully completed Third Year6. Allocation of study and teaching hoursTotal student hours ____________StudenthoursStaffhoursLecturesSeminars/workshopsPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceOther:TOTAL30 4010 2020 3010 1010 --------10 --------10 1020 10-------- ----------120 120ULK FINANCE PROPOSED PROGRAMME 216

6.1 Brief description of aims and contentThe module aims at:-Making students aware of the Project management environments-Making students aware of Historical evolution of Project management theory andpractices-Making students understanding advanced Taxation and Auditing as processes:Planning, organizing, coordinating and controlling-Making students understanding the various principles of each step or Projectmanagement as processes-Understanding the principles of Project management-Making students understanding the different roles of framework.-Making students understanding decision making and leadership skills6.2 Learning OutcomesKnowledge and UnderstandingHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of: principles of each step or Project management function the Project management environment different roles of framework.Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:ULK FINANCE PROPOSED PROGRAMME 217

apply principles of Project management in manufacturing or service industriesapply Principles Project management in any working environmentapply Project management principles in any working environmentCommunication/ICT/Numeracy/Analytic Techniques/Practical SkillsHaving successfully completed the module, students should be able to:‣ plan strategically, tactically and operationally, to organize, to supervise and to controlin any working environment‣ teach or communicate to others all principles of Project management and of courseapply them in a working environment.‣ explain different roles of framework.‣ explain decision making and leadership skillsGeneral transferable skillsHaving successfully completed the module, students should be able to: demonstrate managerial skills in a working environment (being public or private sector) demonstrate conceptual, planning, organizing, coordinating and controlling skills in anyenvironment demonstrate teamwork skills in a working environment demonstrate decision making and leadership skills7. Indicative ContentOBJECTIVEThe objective of this course is to familiarize the students with the procedures ofestablishing a new project and with the tools and techniques of managing the projecteffectively.CONTENTConcept of a project - Definition – types of projects – Project specification – projectlife cycle phases – Project management concepts – the project Management andresponsibilities of project Manager – Project Management as a profession.ULK FINANCE PROPOSED PROGRAMME 218

Project Planning – Planning stages – tools and techniques – Analysis for Projectplanning –CPM – PERT –Time Scale Analysis – Market and Demands Analysis,information sources, survey, demands forecasting – Technical Analysis, preliminary testand studies, location, size, production technology, equipment, layout of site, workschedule, Project cost Analysis –cost estimation of the project, material, labor andoverhead cost, BEP of project, Project cost report - Investment Analysis, alternatives ofinvestment proposal, sources of finance for project, bankers view of finance financialfeasibility evaluation of project profitability tools –Project Report – Report writing,technical cost, investment, demand and marketing, rate of return, appraisal of project.Project Implementation – project implementation stages - procedures for projectimplementation – Bottlenecks in project implementation – guidelines for effectiveproject implementation.Project Controlling and monitoring – project management controlling – essentials,tools and techniques of monitoring machinery – performance control – schedulecontrol – project management environment.PEDAGOGY: Case study, experiential exercises, Fieldwork, Assignments.Learning and Teaching Strategy.The learning and teaching strategy will be student centred.Assessment StrategyAssignment (Research and presentation)Examination10 Assessment PatternULK FINANCE PROPOSED PROGRAMME 219

Conmponent Weighting (%)In-courseassessment:ResearchPresentation2020Final assessment:End of Semesterexamination6011 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)BOOKS:PINTO, K. 2007. Project Management. Prentice HallMAYLOR, H. 2005. Project Management. Prentice HallLEVY, H. and POST, T. Investments. 2005. Prentice HallBOARDMAN, A and GREENBERG, D. 2006. Cost Benefit Analysis. Prentice HallUnited Nations, Guide to Practical Project Appraisal – Vienna.United Nations, Manuel for the Preparation of Industrial FeasibilityStudies – Vienna13: Teaching TeamDr. KAAYA SirajeULK FINANCE PROPOSED PROGRAMME 220

Dr. MUSIIME AndrewMr. OKOKO OSAMBOMr. RUDAHINGWA Oswald14. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceULK FINANCE PROPOSED PROGRAMME 221

MODULE 81 Module Code: _FIN408.........Faculty: ECONOMICS AND BUSINESS STUDIES2 Module Title:__GENERAL SKILLS 4..............................................................................6 Level: 5 Semester: 2 Credits: 127 First year of presentation: 2011 Administering Faculty:... ECONOMICS & BUSINESSSTUDIES8 Pre-requisite or co-requisite modules, excluded combinationsHaving completed successfully the third year of studies6. Allocation of study and teaching hoursTotal student hours ____________LecturesPractical classes/laboratoryStructured exercisesSet reading etc.Self-directed studyAssignments – preparation and writingExamination – revision and attendanceTOTALStudenthours30 4010 2020 3010 10Staffhours10 --------10 --------10 10120 1206.1 Brief description of aims and contentThe objective of this course is to equip students with ICT 3 highly practical skills needed on themarketplace. Trainees will learn the functioning of a computer, the desktop environment, and filemanagement. Then, they will learn how to use effectively various software for decision support .A particular attention will be put on the fact that best practice and quality issues are understoodand implemented so as to help trainees improve productivity at work.ULK FINANCE PROPOSED PROGRAMME 222

6.2 Learning Outcomesvii) Knowledge and Understanding; Cognitive/Intellectual skills/Application of Knowledge;Communication/ICT/Numeracy/Analytic Techniques/Practical Skills and GeneralTransferable SkillsHaving successfully completed the module, students should be able to demonstrateknowledge and understanding of:- Master various accounting management oriented software: accounting , finance,other- Work with MS Word at a very advanced level- Develop effective presentations using MS PowerPoint- Managing various database management software- Display competency in using an application software commonly used in his/herprofessionThis module is for:-Providing students with sufficient knowledge in the four language skillsListening, Speaking,Reading,Writing, and availing students with techniques incorrespondence and communication,-To make students understand that English is a vital working tools globally.viii)Knowledge and UnderstandingHaving successfully completed the module, students should be able todemonstrate knowledge and understanding of:The fundamental knowledge in English letter writing and other business documentarywritings, and the importance of English in generalix) Cognitive/Intellectual skills/Application of KnowledgeHaving successfully completed the module, students should be able to:Apply the English language skills in the day-to-day life.ULK FINANCE PROPOSED PROGRAMME 223

7. Indicative ContentPart 1: Computer skills 4Concept of a System, types of system, elements of a system – Business organisation as asystem – systems approach to problem solving.Data Us Information, Concept of an Information system – Hardware, Software trends andselection issues –Transaction processing systems Office Automation system Decision supportsystems Introduction to Artificial Intelligence – Expert Systems their Business ApplicationsComputer communication and their relevance to Business Managing Information System, Datasecurity Aspects Management Information System for business functions-Finance, HumanResource, Marketing, Operations.Part 2: ENGLISH SKILLS 4. i: indefinite adjectives. ii : conjuctions. iii: formal writing. iv: composition writing. v: active and passive modes. vi: phrasal verbs. vii: question tags. viii: gerunds. ix: language functions. x: summarizing and paraphrasing. xi: consolidation10. Learning and Teaching Strategy. Student centered:-Face to face lectures-giving students research topics- WorkshopsULK FINANCE PROPOSED PROGRAMME 224

11. Assessment Strategy-practical group class work-Individual practical course work-Various assignments and lastly the final examination on the general module10 Assessment PatternComponent Weighting (%) Learning objectivescoveredIn-courseassessment:Computer LaboratoryPractice and LanguageCentre LaboratoryExercices60% 1, 2, 3Final assessment:End-of-SemesterExamination40% 1, 2, 311 Strategy for feedback and student support during module Each Presentation is marked, marks post on the course Web on the University OnlineCampus Platform, with immediate feedback (direct contact with the student or contactthrough the online courses platform); Specimen examination papers and solutions available12 Indicative ResourcesCore Text (include number in library or URL) (inc ISBN)Indicative Reading ListULK FINANCE PROPOSED PROGRAMME 225

MCKeen, J. and Smith, H. 2009. IT Strategy in Action. Prentice HallAdvanced MS Office Packages Textbooks.ULK Centre of Languages Year 2 Text Book.13. Teaching/Technical AssistanceThe ULK Main computer Lab will be required for Computer Practices on PresentationsTechniques as well as on Performance Analysis and Financial Analysis Practical Assignments.Computer requirementsA Personal Computer as well as a projector will be required, in class, during the face to facelectures.14: Teaching TeamDr. NDAYAMBAJE PiusUWITONZE AlfredNSENGIYUMVA JuvénalBUCYANA BOSCOBAKUNZI THEOTIMEULK FINANCE PROPOSED PROGRAMME 226

15. UNIT APPROVALDeans and Heads of all Departments contributing to the programme to confirm agreement.Department Dean/Head of Department Date231SignatureDr SSEMWAGA Andrew, Dean, Economics & Management, Gisenyi CampusDr KAAYA SIRAJE, Dean, Economics & Management, Kigali CampusSignatureMUGABO Jean Paul, Head of Department, Gisenyi CampusNDABATEZE Abraham, Head of Department, Kigali CampusSignatureProf. Dr. NKURUNZIZA Jean Pierre, Vice-Rector Academic, Gisenyi CampusDr. GASIBIREGE Rose, Vice-Rectors Academics, Kigali Campus4 SignatureProf. Dr. NGAGI Alphonse, RectorSeen and agreedLibraryICTQuality OfficeSignatureRUKANIKA Léonard, Director of Library, Gisenyi CampusRUDASINGWA Justin, Director, Library, Kigali CampusSignatureDr. NDAYAMBAJE Pius, Dean, Science & TechnologySignatureOKOKO OSAMBO, Director, Quality AssuranceEnd of the Programme Proposal & Modules Descriptionsfor the Finance ProgrammeULK FINANCE PROPOSED PROGRAMME 227