Prospectus 2016-17
Indian Institute of Foreign Trade in collaboration with Institute of Finance Management
New Delhi, India Dar-es-Salaam, TANZANIA
MBA
(International Business)
IIFT, New Delhi IFM, Tanzania
From the Director
Global economic scenario has witnessed considerable changes in the current vulnerable and uncertaineconomic 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 for its
academic excellence 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 resulting in growing 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 that IIFT and IFM have
been collaborating in fulfilling the vital skill gaps that exist in tapping 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.
May, 2015
Dr. Surajit Mitra
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 other Stakeholders.
Ambassador Jean-Baptiste Natama, Chief of Staff of the Bureau of the African Union Commission led a
delegation to Indian Institute of Foreign Trade, New Delhi.
About IFM
The Institute of Finance Management, Dares-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 and 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
About MBA (IB)
The Institute of Finance Management (IFM), Tanzania proudly announces launching of thetwelfth 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.
Course Structure
Trimester I (October - January)1. BS and Quantitative Techniques
2. Accounting for Managers
3. Principles of Management
4. Micro and Macro Economics
5. Business Communication
Trimester II (February - May)
1. Business Research Methods
2. French
3. Financial Management
4. International Trade Logistics and
operations
5. Marketing Management in
International Perspective
Trimester III (June - September)
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 (October - January)
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 and Medium Enterprise
Trimester VI (April - July)
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 domestic / 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 (February - March)
1. Research Project
2. Port Visit and Field Visit
Corporate and Port Visit
A visit to a port / town is arranged for the students to give them an opportunity to acquire first-handknowledge about the working of port administration, customs and vat collectors (TRA), shipping 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 10 hours will be separately assigned for chat session in
each course where participants will have to interact with their coordinators (comprising 1 credit).
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.
Admission Process
Entry Qualifications
First Degree or Advanced Diploma (3 years duration)in any field.
PROGRAM FEE (for the full Program)
• Local students - Program Fee: US$ 6600Alumni 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
For foreign students Fee break-up will be as
follows:
· At the time of Registration: US$ 1600
· At the start of every trimester US$ 1600
Program Details
Duration:
Two years. The Program will be offered over 6 trimesters spread over two years. In each trimester about5-6 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 June 1, 2015
2. Last date of Receipt of the Application Forms July 31, 2015
3. Admission Interview 10th – 14th 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.
IFM Infrastructure
Library
The library started in 1972 by the establishment of the Institute, serving many users at a time. It islocated 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 andmaintaining 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 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.
Prominent Alumnus
“It was a great opportunity to study MBA-IB from IIFT, it hadbrought me to another level where I can think and do things
differently.”
---Mr. Semvua Kissenge (National Manager, Millicom Tanzania)
Gold Medalist, MBA-IB, 2006-08
“I am so glad to be part of this executive group. It changed my
way of thinking and therefore how I handle problems. I have
confidence in myself.”
---Ms. Deborah Masalu
Alumni, MBA-IB 2006-08
“My association with MBA-IB and the grand faculty changed my
outlook and thinking process to make me a change maker to
make an impact at Organization level, Industry level and
Society with a deep insight into the entire spectrum of business
globally”.
--Manoj Sahu (CEO, Saini Food Products Limited)
Alumni Coordinator, Dar Es Salaam,
Bronze Medalist, MBA-IB 2006-08
“The MBA-IB Programme has helped me in decision making
especially in the methods for identification and understanding
market risks, including interest rate risks, foreign exchange risk,
equity position risk and commodity risk inherent in the banking
business which I am working. Also it supports me on market and
management decision on daily basis”.
---Mr. Juma Yamlinga
Manager, Amana Bank
Silver Medalist, MBA-IB 2007-09
For further information, please contact:-
Dean, Faculty of Economics and Management Sciences
Institute of Financial Management
Shaaban Robert Street, P.O. Box 3918,
Dar-es-Salaam, Tanzania. E-Mail- rector@ifm.ac.tz
Website: http://www.ifm.ac.tz/
Phone: + 255 22 211 2931-4, Fax: +255 22 212935/2122045