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Prospectus 2015-17
Indian Institute of Foreign Trade in collaboration with Institute of Finance Management
New Delhi, India Dar-es-Salaam, TANZANIA
MBA
(International Business)
IFM, TanzaniaIIFT, New Delhi
2
From the Director
Global economic scenario has witnessed considerable changes in the current vulnerable and uncertain
economic environment. The role of business managers has become more complex and challenging
requiring high quality of management expertise, innovative skills and professionalism. IIFT, since its
inception in 1963 is actively involved in management education, research and training in the area of
International Business. The strength of the institute lies in the fact that it is well recognized and is
consistently ranked among top business school in Asia and India. IIFT has competent and committed
faculty, state of art infrastructure, diverse learning resources, modern pedagogy and training
methodology to meet the expectations of the contemporary corporate world. Our alumni occupy coveted
positions in reputed organizations in India and abroad.
Africa is fast emerging on global trade map due to abundance of natural resources, enhanced economic
expansion and diversification and increased foreign trade. World is looking at Africa as land of
opportunities and African countries are fast coming forward to take their due share in global trade,
commerce and investments. In this backdrop, it has been more than a decade; IIFT & IFM have been
collaborating in fulfilling the vital skill gaps that exist in tapping of these emerging opportunities for African
countries in general and Tanzania in particular. It is our constant endeavor to understand contemporary
geo-economic realities and offer updated courses in line with emerging requirements. MBA (IB) program
of IIFT-IFM is unique as it is designed to fulfill the specialized needs in the area of international business.
This course offers both procedural and technology based solutions to improve the skills sets of aspiring
candidates.
I welcome aspiring students of Africa to take full advantage of this opportunity. I look forward to see them
at IFM Tanzania that has state of art infrastructure along with intellectual inputs from renowned IIFT
faculty. My Best Wishes to all aspirants who are seeking excellence.
April, 2015
Dr. Surajit Mitra
3
About IIFT
The Indian Institute of Foreign Trade (IIFT) was established by the Ministry of Commerce and
Industry, Government of India in 1963. It is an autonomous organization having the status of a
Deemed University with powers to award degrees. Today IIFT has become a centre for
excellence in the area of International Business Management and Strategy, which is reflected
in all the three major activities of Institutes: Research, Training and Education. The Institute
has achieved high standards of excellence, occupying unique position today as India’s only
premier institution that focuses on International Business. The different divisions of IIFT:
Graduate Studies Division, International Projects Division, Management Development
Programs, Research and International Collaborations and Capacity development division are
consistently striving for excellence and occupy a position amongst the best business schools
in India. The Africa footprint in collaboration with IFM Tanzania is now in the twelfth year of
successfully running the MBA Program. It has been well received by the Business,
Government, Entrepreneurs and Stakeholders.
Chief Guest and the Honorable President of India arriving at I.I.F.T., New Delhi for its “Golden
Jubilee Foundation Day” Function held on May 02, 2013.
4
About IFM
The Institute of Finance Management, Dar-
es-Salaam was established in 1972 by Act
No. 3 of Parliament to offer courses at
both the undergraduate and postgraduate
levels undertake research and provide
consultancy services in finance and related
subjects. The Institute has emerged as a
premier Management Institute in African
Region as it attracts students from Chad,
Ethopia Ghana, Kenya, Lesotho,
Mozambique, Namibia, Sierra, Leone,
South Africa, Swaziland, Uganda, Zamibia,
and Zimbabwe. (For more details about
IFM, Tanzania, visit: www.ifm.ac.tz)
IFM currently has a students’ registration of approximately 7,000 pursuing one of the 17
Programs in Accounting, Banking, Computing, Financial Management, Information Technology,
Insurance, Tax Management, Social Security Administration and Master of Science in Finance,
M.Sc., IT and Management, besides MBA(International Business) in collaboration with the Indian
Institute of Foreign Trade, New Delhi (India).
IFM Infrastructure
The Institute’s main campus is located in the heart of Dar-es-Salaam surrounded with major
corporate offices, making it the most convenient place for the working executives and officers for
their academic pursuit. The sprawling campus has well-furnished class-rooms, hostels, seven
modern computer laboratories equipped with 200 computers on a Local Area Network, a modern
Audio-Visual Aid Unit besides a well- equipped Library with 35,000 volumes of books and a
range of journals, government and World Bank publications.
Hostel Facilities
There is a hostel which accommodates about 700 students. The hostel is within the Institute’s
campus which is located conveniently in downtown Dar-es-Salaam.
IIFT & IFM collaboration is unique in the sense where IIFT is
ranked as World Class Institution in International Business; IFM
has also scaled up as most aspired academic institution in East
Africa. Intellectual Capital of IIFT and academic infrastructure of
IFM create win-win situation for African students.
--Prof. Godwin Mjema,
Director, IFM
5
About MBA (International Business)
The Institute of Finance Management (IFM), Tanzania proudly announces launching of the
twelfth batch of MBA (International Business) in collaboration with the Indian Institute of
Foreign Trade (IIFT), New Delhi, India.
IIFT, a premier institute of Indian sub-continent, has signed an MOU with IFM in 2000 to assist
Tanzania in filling the gap of trained personnel for the external sector and to enable the country
to emerge competitive in international markets.
The enrollment rate in the MBA (International Business) program has been increasing over
time. The first batch was enrolled in 2001 with a total of 18 students has now increased to 60.
In 2012, the MOU was renewed for a period of another 5 years under which IIFT will assist IFM
to build its institutional capacity in International Business and continue to offer high quality
education in all aspects of International Business.
Objectives
The MBA (IB) aims at imparting professional education and training in modern management
techniques for handling international business operations in a highly dynamic and competitive
environment. The specific objectives of the Program are:
· To familiarize the participants on the basic fundamental concepts of management.
· To expose the participants to the challenges in the emerging competitive business
environment, in an increasingly globalized world and to appreciate the trade related
policy issues.
· To relate the management concepts to the business situations and help the participants
to develop analytical and decision skills so as to evolve effective national and
international business strategy.
· Prepare the participants for professional career and senior management responsibilities
in strategic management of International Business.
Program Faculty
For about 50% of the courses, faculty is drawn from
IIFT, who visit IFM for a period of 2 weeks to teach
various course. For the remaining courses faculty is
drawn from IFM, which has about 110 full-time well
qualified and experienced professionals. Guest
faculty from Industry and trade is also invited from
time to time.
6
Course Structure
Trimester I
1. BS and Quantitative Techniques
2. Accounting for Managers
3. Principles of Management
4. Micro and Macro Economics
5. Business Communication
Trimester II
1. Business Research Methods
2. French
3. Financial Management
4. International Trade Logistics and operations
5. Marketing Management in International
Perspective
Trimester III
1. Perspectives on Entrepreneurship
2. International Economics
3. International Financial Management
4. MIS and IT Applications
5. Operations Management
6. Comprehensive Viva (1st Year)
Trimester IV
1.Tanzania Economy and Foreign Trade
2.Bus. Law with Tanzania Perspective
3.Global Business Environment
4.International Business Strategy
5.Global Sourcing
6.Small & Medium Enterprise
Trimester VI
1. Project Appraisal
2. International Brand Management
3. Consumer Behavior
4. Cross Cultural Management
5. Marketing of Services / Management of
Financial Services
6. Comprehensive Viva (2nd Year)
Note: The Port visit will be conducted at any International location. It is compulsory for the
students to attend the port visit and submit a report based upon their experience.
Students have to submit their synopsis during the first month of Trimester-02. A provision of eight
weeks will be made for Research project submission and Viva during Trimester-05
Trimester V
1. Research Project
2. Port Visit & Field Visit
7
Corporate & Port Visit
A visit to a port / town is arranged for the students to give them an opportunity to acquire first-hand
knowledge about the working of port administration, customs and vat collectors (TRA), shipping and
other facilitating agencies. In addition, interactive session with the members of chamber of commerce
and stock exchange are also arranged during the visit. Participants are also encouraged to join Port Visit
to India / Netherlands. The Port Visit also include visits to Tanzania Chamber of Commerce, Tanzania
Investment Centre, Dar-es-Salaam Stock Exchange etc.
Course Credits
Each course is of 4 credits, which is equivalent to 40 teaching hours. The faculty contact hours
for each course would be for 30 hours (3 credits) and faculty will give the students Pre-course
assignment comprising 1 credit (10 Hours).
Research Project
During Trimester-05, students would be undertaking a detailed Research Project (carrying 4
credits) on the subjects assigned to them. The schedule for research project will be indicated at
the end of Trimester-03.
Viva Voce
Comprehensive Viva-01 and 02 will be conducted in Trimester-03 and Trimester-06
respectively.
8
Admission Process
Entry Qualifications
1. First Degree or Advanced Diploma (3 years
duration) in any field.
PROGRAM FEE (for the full Program)
• Local students - Program Fee: US$ 6600
Alumni Fee: US$ 100
Total Fee: US$ 6700
Fee break-up will be as follows:
PROGRAM FEE (for the full Program)
· For Tanzanians:
At the time of Registration: US$ 1500 +
Alumni Fee US$ 100 = US$ 1600
Start of Trimester II = US$ 900
Start of Trimester III = US$ 900
Total Fee of Year I = US$ 3400
Start of Trimester IV = US$ 1100
Start of Trimester V = US$ 1100
Start of Trimester VI = US$ 1100
Total Fee of Year II = US$ 3300
· For Foreign Students:
At the time of registration: US$ 1500 +
Alumni Fee US$ 100 = US$ 1600
Start of Trimester II = US$ 1600
Start of Trimester III = US$ 1600
Total Fee of Year I = US$ 4800
Start of Trimester IV = US$ 1600
Start of Trimester V = US$ 1600
Start of Trimester VI: US$ 1600
Total Fee of Year II = US$ 4800
Fee break-up will be as follows:
· At the time of Registration: US$ 1600
· At the start of every trimester US$ 1600
9
Date of Commencement:
Duration:
Two years. The Program will be offered over 6 trimesters spread over two years. In
each trimester about 5-6 courses will be offered.
Timings of the Classes:
Classes are scheduled 5:30 p.m. – 8:30 p.m. from Monday to Friday.
Degree and Graduation:
MBA (International Business) degree will be awarded by the Indian Institute of
Foreign Trade, New Delhi (India) and students will have the option of Graduating at
IIFT, New Delhi (India) or IFM, Dar-es- Salaam in 2017.
ADMISSION SCHEDULE
1. Availability of Program Prospectus and Forms May 2015
2. Last date of Receipt of the Application Forms 31st
July 2015
3. Admission Interview August 2015
Selection Process:
Eligibility Qualification for MBA (IB) is First degree in any discipline and / or Advanced Diploma (3 years
duration) in any field. Selection will be done on the basis of personal interviews scheduled in August
2015.
10
IFM Infrastructure
Library
The library started in 1972 by the establishment of the Institute, serving many users at
a time. It is located on the second and third floors of Block A. It has six sections
namely
• Acquisitions
• Cataloguing
• Lending
• Special Reserve
• Periodicals
• Government Publications and World Bank Publications.
It is one of the premium libraries in the nation. Most of the titles in the area of
Trade and International Business is available. Institute is striving hard to continually
add new titles to the library.
Directorate of Computer
Services
The Directorate of Computer Services
(DCS) is responsible for designing,
developing and maintaining
Information and Communication (ICT)
service at IFM. Currently, the
directorate provides and supports
various services including:
• Modern computers, printing, and
photocopying facilities
• Free access to the internet through
11
wired and wireless connectivity
• Access to various generic and specific software packages
• Development and management of IFM information systems
• Development and management of the IFM digital service portal (website)
• Management and development of IFM communication infrastructure including LAN
and telephone system
• Management of data storage facilities and backup services
• Troubleshooting and repairing of ICT equipment
• User support and help desk services
The directorate also organizes and conducts general and tailor-made training in
various specialties. Typical example include planning, development and managing
computer networks, identifying and developing electronic government services (e-
Government), utilization of computer applications, programming, etc. the DCS is
located at 4th floor of the block A building at the Institute.
12
Chief guest and Hon'ble Vice President of India Shri M. Hamid Ansari, awarding medals at the
Indian Institute of Foreign Trade, New Delhi for its 48th Convocation held on April 17, 2014.
For further information, please contact
The Director, Graduate School
Institute of Financial Management
Shaaban Robert Street, P.O. Box 3918,
Dar-es-Salaam, TANZANIA
Phone: + 255 22 211 2931-4, Fax: +255 22 212935/2122045
Email: dgs_ifm@yahoo.com,principal@africaonline.co.tz www.ifm.ac.tz

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IIFT-IFM MBA (IB) Prospectus

  • 1. 1 Prospectus 2015-17 Indian Institute of Foreign Trade in collaboration with Institute of Finance Management New Delhi, India Dar-es-Salaam, TANZANIA MBA (International Business) IFM, TanzaniaIIFT, New Delhi
  • 2. 2 From the Director Global economic scenario has witnessed considerable changes in the current vulnerable and uncertain economic environment. The role of business managers has become more complex and challenging requiring high quality of management expertise, innovative skills and professionalism. IIFT, since its inception in 1963 is actively involved in management education, research and training in the area of International Business. The strength of the institute lies in the fact that it is well recognized and is consistently ranked among top business school in Asia and India. IIFT has competent and committed faculty, state of art infrastructure, diverse learning resources, modern pedagogy and training methodology to meet the expectations of the contemporary corporate world. Our alumni occupy coveted positions in reputed organizations in India and abroad. Africa is fast emerging on global trade map due to abundance of natural resources, enhanced economic expansion and diversification and increased foreign trade. World is looking at Africa as land of opportunities and African countries are fast coming forward to take their due share in global trade, commerce and investments. In this backdrop, it has been more than a decade; IIFT & IFM have been collaborating in fulfilling the vital skill gaps that exist in tapping of these emerging opportunities for African countries in general and Tanzania in particular. It is our constant endeavor to understand contemporary geo-economic realities and offer updated courses in line with emerging requirements. MBA (IB) program of IIFT-IFM is unique as it is designed to fulfill the specialized needs in the area of international business. This course offers both procedural and technology based solutions to improve the skills sets of aspiring candidates. I welcome aspiring students of Africa to take full advantage of this opportunity. I look forward to see them at IFM Tanzania that has state of art infrastructure along with intellectual inputs from renowned IIFT faculty. My Best Wishes to all aspirants who are seeking excellence. April, 2015 Dr. Surajit Mitra
  • 3. 3 About IIFT The Indian Institute of Foreign Trade (IIFT) was established by the Ministry of Commerce and Industry, Government of India in 1963. It is an autonomous organization having the status of a Deemed University with powers to award degrees. Today IIFT has become a centre for excellence in the area of International Business Management and Strategy, which is reflected in all the three major activities of Institutes: Research, Training and Education. The Institute has achieved high standards of excellence, occupying unique position today as India’s only premier institution that focuses on International Business. The different divisions of IIFT: Graduate Studies Division, International Projects Division, Management Development Programs, Research and International Collaborations and Capacity development division are consistently striving for excellence and occupy a position amongst the best business schools in India. The Africa footprint in collaboration with IFM Tanzania is now in the twelfth year of successfully running the MBA Program. It has been well received by the Business, Government, Entrepreneurs and Stakeholders. Chief Guest and the Honorable President of India arriving at I.I.F.T., New Delhi for its “Golden Jubilee Foundation Day” Function held on May 02, 2013.
  • 4. 4 About IFM The Institute of Finance Management, Dar- es-Salaam was established in 1972 by Act No. 3 of Parliament to offer courses at both the undergraduate and postgraduate levels undertake research and provide consultancy services in finance and related subjects. The Institute has emerged as a premier Management Institute in African Region as it attracts students from Chad, Ethopia Ghana, Kenya, Lesotho, Mozambique, Namibia, Sierra, Leone, South Africa, Swaziland, Uganda, Zamibia, and Zimbabwe. (For more details about IFM, Tanzania, visit: www.ifm.ac.tz) IFM currently has a students’ registration of approximately 7,000 pursuing one of the 17 Programs in Accounting, Banking, Computing, Financial Management, Information Technology, Insurance, Tax Management, Social Security Administration and Master of Science in Finance, M.Sc., IT and Management, besides MBA(International Business) in collaboration with the Indian Institute of Foreign Trade, New Delhi (India). IFM Infrastructure The Institute’s main campus is located in the heart of Dar-es-Salaam surrounded with major corporate offices, making it the most convenient place for the working executives and officers for their academic pursuit. The sprawling campus has well-furnished class-rooms, hostels, seven modern computer laboratories equipped with 200 computers on a Local Area Network, a modern Audio-Visual Aid Unit besides a well- equipped Library with 35,000 volumes of books and a range of journals, government and World Bank publications. Hostel Facilities There is a hostel which accommodates about 700 students. The hostel is within the Institute’s campus which is located conveniently in downtown Dar-es-Salaam. IIFT & IFM collaboration is unique in the sense where IIFT is ranked as World Class Institution in International Business; IFM has also scaled up as most aspired academic institution in East Africa. Intellectual Capital of IIFT and academic infrastructure of IFM create win-win situation for African students. --Prof. Godwin Mjema, Director, IFM
  • 5. 5 About MBA (International Business) The Institute of Finance Management (IFM), Tanzania proudly announces launching of the twelfth batch of MBA (International Business) in collaboration with the Indian Institute of Foreign Trade (IIFT), New Delhi, India. IIFT, a premier institute of Indian sub-continent, has signed an MOU with IFM in 2000 to assist Tanzania in filling the gap of trained personnel for the external sector and to enable the country to emerge competitive in international markets. The enrollment rate in the MBA (International Business) program has been increasing over time. The first batch was enrolled in 2001 with a total of 18 students has now increased to 60. In 2012, the MOU was renewed for a period of another 5 years under which IIFT will assist IFM to build its institutional capacity in International Business and continue to offer high quality education in all aspects of International Business. Objectives The MBA (IB) aims at imparting professional education and training in modern management techniques for handling international business operations in a highly dynamic and competitive environment. The specific objectives of the Program are: · To familiarize the participants on the basic fundamental concepts of management. · To expose the participants to the challenges in the emerging competitive business environment, in an increasingly globalized world and to appreciate the trade related policy issues. · To relate the management concepts to the business situations and help the participants to develop analytical and decision skills so as to evolve effective national and international business strategy. · Prepare the participants for professional career and senior management responsibilities in strategic management of International Business. Program Faculty For about 50% of the courses, faculty is drawn from IIFT, who visit IFM for a period of 2 weeks to teach various course. For the remaining courses faculty is drawn from IFM, which has about 110 full-time well qualified and experienced professionals. Guest faculty from Industry and trade is also invited from time to time.
  • 6. 6 Course Structure Trimester I 1. BS and Quantitative Techniques 2. Accounting for Managers 3. Principles of Management 4. Micro and Macro Economics 5. Business Communication Trimester II 1. Business Research Methods 2. French 3. Financial Management 4. International Trade Logistics and operations 5. Marketing Management in International Perspective Trimester III 1. Perspectives on Entrepreneurship 2. International Economics 3. International Financial Management 4. MIS and IT Applications 5. Operations Management 6. Comprehensive Viva (1st Year) Trimester IV 1.Tanzania Economy and Foreign Trade 2.Bus. Law with Tanzania Perspective 3.Global Business Environment 4.International Business Strategy 5.Global Sourcing 6.Small & Medium Enterprise Trimester VI 1. Project Appraisal 2. International Brand Management 3. Consumer Behavior 4. Cross Cultural Management 5. Marketing of Services / Management of Financial Services 6. Comprehensive Viva (2nd Year) Note: The Port visit will be conducted at any International location. It is compulsory for the students to attend the port visit and submit a report based upon their experience. Students have to submit their synopsis during the first month of Trimester-02. A provision of eight weeks will be made for Research project submission and Viva during Trimester-05 Trimester V 1. Research Project 2. Port Visit & Field Visit
  • 7. 7 Corporate & Port Visit A visit to a port / town is arranged for the students to give them an opportunity to acquire first-hand knowledge about the working of port administration, customs and vat collectors (TRA), shipping and other facilitating agencies. In addition, interactive session with the members of chamber of commerce and stock exchange are also arranged during the visit. Participants are also encouraged to join Port Visit to India / Netherlands. The Port Visit also include visits to Tanzania Chamber of Commerce, Tanzania Investment Centre, Dar-es-Salaam Stock Exchange etc. Course Credits Each course is of 4 credits, which is equivalent to 40 teaching hours. The faculty contact hours for each course would be for 30 hours (3 credits) and faculty will give the students Pre-course assignment comprising 1 credit (10 Hours). Research Project During Trimester-05, students would be undertaking a detailed Research Project (carrying 4 credits) on the subjects assigned to them. The schedule for research project will be indicated at the end of Trimester-03. Viva Voce Comprehensive Viva-01 and 02 will be conducted in Trimester-03 and Trimester-06 respectively.
  • 8. 8 Admission Process Entry Qualifications 1. First Degree or Advanced Diploma (3 years duration) in any field. PROGRAM FEE (for the full Program) • Local students - Program Fee: US$ 6600 Alumni Fee: US$ 100 Total Fee: US$ 6700 Fee break-up will be as follows: PROGRAM FEE (for the full Program) · For Tanzanians: At the time of Registration: US$ 1500 + Alumni Fee US$ 100 = US$ 1600 Start of Trimester II = US$ 900 Start of Trimester III = US$ 900 Total Fee of Year I = US$ 3400 Start of Trimester IV = US$ 1100 Start of Trimester V = US$ 1100 Start of Trimester VI = US$ 1100 Total Fee of Year II = US$ 3300 · For Foreign Students: At the time of registration: US$ 1500 + Alumni Fee US$ 100 = US$ 1600 Start of Trimester II = US$ 1600 Start of Trimester III = US$ 1600 Total Fee of Year I = US$ 4800 Start of Trimester IV = US$ 1600 Start of Trimester V = US$ 1600 Start of Trimester VI: US$ 1600 Total Fee of Year II = US$ 4800 Fee break-up will be as follows: · At the time of Registration: US$ 1600 · At the start of every trimester US$ 1600
  • 9. 9 Date of Commencement: Duration: Two years. The Program will be offered over 6 trimesters spread over two years. In each trimester about 5-6 courses will be offered. Timings of the Classes: Classes are scheduled 5:30 p.m. – 8:30 p.m. from Monday to Friday. Degree and Graduation: MBA (International Business) degree will be awarded by the Indian Institute of Foreign Trade, New Delhi (India) and students will have the option of Graduating at IIFT, New Delhi (India) or IFM, Dar-es- Salaam in 2017. ADMISSION SCHEDULE 1. Availability of Program Prospectus and Forms May 2015 2. Last date of Receipt of the Application Forms 31st July 2015 3. Admission Interview August 2015 Selection Process: Eligibility Qualification for MBA (IB) is First degree in any discipline and / or Advanced Diploma (3 years duration) in any field. Selection will be done on the basis of personal interviews scheduled in August 2015.
  • 10. 10 IFM Infrastructure Library The library started in 1972 by the establishment of the Institute, serving many users at a time. It is located on the second and third floors of Block A. It has six sections namely • Acquisitions • Cataloguing • Lending • Special Reserve • Periodicals • Government Publications and World Bank Publications. It is one of the premium libraries in the nation. Most of the titles in the area of Trade and International Business is available. Institute is striving hard to continually add new titles to the library. Directorate of Computer Services The Directorate of Computer Services (DCS) is responsible for designing, developing and maintaining Information and Communication (ICT) service at IFM. Currently, the directorate provides and supports various services including: • Modern computers, printing, and photocopying facilities • Free access to the internet through
  • 11. 11 wired and wireless connectivity • Access to various generic and specific software packages • Development and management of IFM information systems • Development and management of the IFM digital service portal (website) • Management and development of IFM communication infrastructure including LAN and telephone system • Management of data storage facilities and backup services • Troubleshooting and repairing of ICT equipment • User support and help desk services The directorate also organizes and conducts general and tailor-made training in various specialties. Typical example include planning, development and managing computer networks, identifying and developing electronic government services (e- Government), utilization of computer applications, programming, etc. the DCS is located at 4th floor of the block A building at the Institute.
  • 12. 12 Chief guest and Hon'ble Vice President of India Shri M. Hamid Ansari, awarding medals at the Indian Institute of Foreign Trade, New Delhi for its 48th Convocation held on April 17, 2014. For further information, please contact The Director, Graduate School Institute of Financial Management Shaaban Robert Street, P.O. Box 3918, Dar-es-Salaam, TANZANIA Phone: + 255 22 211 2931-4, Fax: +255 22 212935/2122045 Email: dgs_ifm@yahoo.com,principal@africaonline.co.tz www.ifm.ac.tz