Accounting and Finance)

MASTER OF BUSINESS ADMINISTRATION (ACCOUNTING AND FINANCE)

Introduction

The Faculty of Postgraduate Studies at the University of Burao was established in November 2016 as the first Postgraduate Faculty in Togdheer, Somaliland. The vision of the faculty is to provide an opportunity for students in Burao to conduct study and research for the development of the country, and to open the door for Masters and PhD studies in this region. The first two Masters programs were started in May 2017. In the second student intake (January 2020), the following Masters programs are offered: M.A. (English Proficiency in Education), Master of Research (Social Sciences), Master of Sharia & Law, MBA (Human Resource Management), MA (Project Planning), MBA (Accounting & Finance), and Postgraduate Diploma (English Proficiency).

 
Programme Description

 

  • Duration of programme: two years / four semesters, plus dissertation
  • Contact & credit hours: 16 courses (each course consists of 3 credit hours and 32 contact hours) and dissertation (6 credit hours)
  • Nomenclature: MBA

 Programme Outline

 

  • First two semesters, students take six courses each.
  • In the third semester, students take four courses
  • Eight courses are from the stream ‘Accounting’ (ACC.)
  • Six courses are from the stream ‘Selective courses’
  • Two courses are from the stream ‘English’ (ENG).
  • The dissertation is completed in semester four or in the four months after the end of semester 3
 
Programme Objectives

Accounting graduates will be professionally competent in the following areas:

  • Preparing financial statements in accordance with appropriate standards.
  • Interpreting the business implications of financial statement information
  • Preparing accounting information for planning and control and for the evaluation of products, projects and divisions.
  • Judging product, project, divisional and organizational performance using managerial accounting information.
  • Identifying organizational information technology components and risks that can affect financial systems and prescribing appropriate controls.
  • Preparing business and individual tax returns in accordance with regulations of the appropriate authorities.
  • Analyzing transaction data and tax authorities for purposes of tax planning.
  • Designing an audit program to frame the various elements of planning, testing and reporting phases of an audit in the context of the overall audit objective, engagement risk assessment and internal controls.
  • Applying auditing concepts to evaluate the conformity of financial statements with appropriate auditing standards.
  • Analyzing internal controls and interpreting assessment of engagement risk.