BBM 715 : Public Finance
Credit hours: 3 hours Prerequisite course: None
Course Purpose:
The course aims at equipping learners with knowledge and skills on the nature, sources and uses of publics finance, public expenditure and project valuation, and privatization.
Expected Learning Outcomes:
At the end of the course, the students will be able to:
i. Explain the sources of public finance,
ii. Discuss measures taken to ensure efficient and effective allocation of public finance,
iii. Describe the budgeting process,
iv. Explain the concept of privatization.
Course Content:
Nature and overview of public sector and public finance; sources of public finance; uses of public finances; fiscal functions of public finance; Theory of public and private goods and services; measures undertaken to ensure efficient and effective collection and utilization of public finance; management of public finances; theory of taxation; Public Expenditure and Project Valuation Principles; Public (Government) Budgeting Process; Local government finance; Privatization; introduction to some financial statements maintained in respect to accounting for public finance; technology and public finance;
Teaching Methodology:
Lectures, tutorials and group discussion
Instructional Materials and Equipment:
These will include: white boards, white board markers, smart board, LCD projector & Computers, Flipcharts
Course Evaluation:
CATs/Assignment/Presentation 40 %
Final Examination 60 %
Total 100%
Core Textbooks:
Gayer T., Rosen H. (2010) Public Finance, 9th ed. Amazon
Gruber J., (2010). Public Finance and Public Policy, 3rd ed., Amazon
Bailey J. (2010). Public Sector Economics Theory Policy and Practice, Amazon
Sun J., and Lynch T., (2008), Government Budget Forecasting: Theory and practice, CRC press
Recommended Textbooks:
Stiglitz J., (2000), Economics of Public Sector, 3rd Ed., W.W. Norton & Company
Wilson J., (1998). Financial Management for Public Services, Open University press
Coombs H.M., and Jenkins D.E., (2001), Public Sector Financial Management, 3rd Ed., Cengage Learning EMEA
Bean J., and Hussey L., (1997), Finance for Non-financial Public Sector Managers: Essential Skills for the Public sector, HB publications
Mclaney, EJ. (2006). Business Finance: Theory and Practice. 7th edition Harlow: Prentice Hall
Manasseh, PN: (1998).A Textbook of Business Finance. Nairobi: McMore Accounting Books
Gitman, LJ.(2006), Principles of Managerial Finance. 11th edition, New Delhi: Prentice Hall
BBM 714 : Managerial Finance
Credit hours: 3 hours Prerequisite course: None
Course Purpose:
To provide an insight into the role of accounting techniques in the management of national and international resources, finance and investment decisions.
Expected Learning Outcomes:
By the end of this course, the learners should be able to:
i. Conduct financial planning, analysis, and control.
ii. Apply financial theory and concepts to managerial decision making.
iii. Analyze the extent of risk exposure of an organization.
iv. Determine the appropriate capital mix and the source of financing.
Course Content:
Scope and nature of managerial finance; financial statements and analysis; financial planning and control (Management of fixed assets /capital), Capitalization, Financial forecasting, cost of capital. Capital budgeting techniques; Forms of capital, leverages; Sources of firm finance Working capital management. Divided policy; financial markets, money markets, the capital market, the stock exchange market; financing for expansion (Mergers and acquisition).
Teaching Methodology:
Lectures, Group discussions and group work
Instructional Materials and Equipment:
Tablet, Smart board, LCD projector & Computers, Flipcharts, televisions, videos
Course Evaluation:
CATs/Assignment/Presentation 40 %
Final Examination 60 %
Total 100%
Core Textbooks:
Brigham, E., & Ehrhardt, M. (2005). Financial Management: Theory and Practice (12 ed.). London: Southern Western CENGAGE Learning.
Pandey, I. (2010). Financial Management (10 ed.). Delhi: Vikas Publishing House.
Recommended Textbooks:
Van Horne J.C (2003), Fundamental of financial Management (9th edition) PRENTICE-HALL
Shashi K. Gupta and R.K Sharma(2007) Financial Management Theory and Practice, Kalyan Publishers
Srivastava, R. and Misra, A (2010) Financial Management, Oxford University Press
Mudinda & Ngene(2010) Financial management, Focus Publishers, Nairobi
Kakuru, J. (2007) Financial decision and the Business, fountain Publishers, Kampala
Tulsian, P.C (2009) Financial Management, S. Chand, New Delhi
BBM 712 : Management Research Methods
Credit hours: 3 hours Prerequisite course: None
Course Purpose:
To help learners acquire knowledge and skills of research methods and their applications to the solutions in both academic research and in management decision-making process.
Expected Learning Outcomes:
Upon completion of this course, the students should be able to:
i. Explain the meaning of research,
ii. Identify, describe and differentiate between various types and approaches of research,
iii. Identify a research problem and effectively solve the problem by way of research,
iv. Identify and describe suitability of various research designs,
v. Describe various measurement scales in research,
vi. Describe the ethical issues involved in research.
Course Content:
Meaning and types of research; research processes; research design, sampling design; data types, research instrument; types and design, measurement, scaling, quality validation, reliability; data collection; computer application in data processing and analysis; use of selected statistical package; elements of analysis; statistical inferences; parameter estimation; statistical analysis of relationships; regression and correlation analysis, trend analysis, cluster analysis; model building; research communication; research report preparation; research in management, major issues and trends
Teaching Methodology:
Lecture/Presentation/Discussion
Instructional Materials and Equipment:
Projection equipment, Instructional Materials/Handouts,
Course Evaluation:
CATs 40%
Final Exam 60%
Total Score 100%
Core textbooks
Salkind, N. J. (2009). Exploring Research (7th ed.). Upper Saddle River, NJ: Prentice Hall.
Bryman, A. & Bell, E., (2007). Business Research Methods, USA: Oxford University Press.
Kothari, C.R. (2011) Research Methodology, Methods and Techniques, New Age International Publishers
Recommended Textbooks:
Arya P.P. & Yesh P (2004), Research Methodology in Management: Theory and Case Studies, New Delhi
Hair, J. F., Babin, B., Money, A. H. & Samouel, P. (2003). Essentials of Business Research Methods, USA: John Wiley & Sons.
Zikmund W.G. (2003). Business Research Methods. 7th ed. Thompson Learning.
Cooper, D.R., & Schindler, P.S. (1998). Business Research Methods. Boston: Irwin/McGraw-Hill.
Saunders, M., Lewis, P., & Thornhill, A.( 2005). Research Methods for Business Students (4th Ed.). Upper Saddle River, NJ: Pearson Education, Inc.
Tourism Project Management
Credit Hours:
(3 Hours)
Lecture Hours: (45 Hours)
Purpose of the course
The purpose of the course is to enable the students to acquire adequate knowledge on the planning and management of tourism projects.
Expected Learning Outcomes of the Course
By the end of the course, the students should be able to:
a) Determine project management as a concept in tourism.
b) Establish the tourism project lifecycle.
c) Determine the estimation of project times and costs;
d) Establish progress and performance measurement and evaluation in project management.
e) Determine risk management in a tourism project.
Course content
Concept of project and project management; Evolution of project management; Contemporary project management; Project Lifecycle; Organization strategy and project selection; Organizational structure and culture in project management; Estimating tourism project times and costs; Estimating project times and costs; Managing risk in a tourism project; Scheduling resources and costs in a tourism project; Reducing project duration; Managing tourism project teams; Effective project management; Managing inter-organizational relations in project management; Progress and performance measurement and evaluation in project management; Project closure; Global trends in project management.
Mode of delivery
The course will be delivered through lectures, class presentations, face to face learning and tutorials.
Instructional Materials/ Equipment
The course will use LCD Projectors, white boards and resource persons for instruction.
Course evaluation and assessment
Term paper, field course report, sit-in continuous assessment test, seminar presentations and end of semester examination.
C.A.T.s and Assignments 40 %
Final Examination 60 %
Total 100 %
Core Reading Materials for the Course
Gray, C. & Larson, E. (2018). Project management: The managerial process. New York, NY: McGraw-Hill Education.
Heagney, J. (2016). Fundamentals of project management. New York: American Management Association.
Horine, G. (2017). Project management. Indianapolis, IN: Que.
Kerzner, H. (2017). Project management: A systems approach to planning, scheduling, and controlling. Hoboken, New Jersey: John Wiley & Sons, Inc.
Recommended Reference materials
Kloppenborg, T. (2019). Contemporary project management: Organize, lead, plan, perform. Australia Boston, MA: Cengage.
Pinto, J. (2019). Project management: Achieving competitive advantage. New York, NY: Pearson.
Schwalbe, K. (2017). An introduction to project management: With a brief guide to Microsoft Project Professional 2016. Minneapolis, MN: Schwalbe Publishing.
Wysocki, R. (2019). Effective project management: Traditional, agile, hybrid, extreme. Indianapolis, IN: Wiley.