The Institute of Finance Management (IFM) is one of Tanzania’s oldest and most respected public higher learning institutions. Established in 1972, IFM provides specialized training in finance, accounting, insurance, banking, and related fields. Over the years, the institute has expanded its academic offerings and geographical reach, with campuses in Dar es Salaam (main campus), Mwanza, Dodoma, Simiyu, Geita, and Zanzibar.
Mission and Vision
IFM’s mission is to deliver high-quality education and professional training, foster innovation, and support national development through research and consultancy services. The vision is to be a world-class institution that responds to global needs in finance, management, and technology.
Faculties at IFM
IFM is structured into three main faculties, each focusing on specific academic and professional disciplines.
Faculty of Insurance and Banking
This faculty offers programs designed to meet the needs of the insurance, banking, and social protection sectors. It covers areas such as:
- Insurance and risk management
- Banking and finance
- Actuarial science
- Pension and social security management
Faculty of Computing, Information Systems and Mathematics
This faculty focuses on the growing demand for technology and data-related skills. Programs here include:
- Information technology
- Computer science
- Cybersecurity
- Data science
- Mathematics
- Actuarial science (jointly offered with the Faculty of Insurance and Banking)
Faculty of Economics and Management Sciences
This faculty prepares students for careers in:
- Accounting
- Taxation
- Finance
- Procurement and logistics
- Human resource management
- Business administration
- Public sector management
Courses and Programs Offered
Certificate Programs (1 year)
IFM offers basic technician certificates in:
- Accounting
- Banking and Finance
- Insurance and Social Protection
- Taxation
- Computing and Information Technology
- Procurement and Logistics Management
- Human Resource Management
- Business Management
These programs provide foundational knowledge and practical skills.
Diploma Programs (2 years)
Students can pursue ordinary diplomas in:
- Accounting
- Banking and Finance
- Insurance and Risk Management
- Social Protection
- Taxation
- Information Technology
- Procurement and Logistics Management
- Human Resource Management
- Business Management
Diplomas offer more in-depth learning and prepare students for employment or advanced studies.
Bachelor’s Degree Programs (3 years)
IFM offers various undergraduate degree programs, including:
- Bachelor of Accounting
- Bachelor of Banking and Finance
- Bachelor of Science in Insurance and Risk Management
- Bachelor of Science in Social Protection
- Bachelor of Science in Actuarial Science
- Bachelor of Science in Taxation
- Bachelor of Science in Information Technology
- Bachelor of Science in Computer Science
- Bachelor of Science in Cybersecurity
- Bachelor of Business Administration
- Bachelor of Human Resource Management
- Bachelor of Procurement and Logistics Management
These programs combine theoretical study with practical training, including internships and research projects.
Postgraduate Programs
For professionals seeking to advance their skills, IFM offers:
Postgraduate diplomas:
- Accounting and Finance
- Insurance and Risk Management
- Taxation
- Financial Management
- Business Management
- Social Protection
Master’s degrees:
- MSc in Accounting and Finance
- MSc in Finance and Investment
- MSc in Social Protection Policy and Development
- MSc in Insurance and Actuarial Science
- MSc in Information Technology and Management
- Master of Business Administration (MBA)
- International MBA (in collaboration with the Indian Institute of Foreign Trade)
- Master of Human Resource Management
Learning Environment
IFM provides a modern learning environment with:
- Well-equipped classrooms and lecture halls
- ICT and computer laboratories
- A comprehensive library with print and digital resources
- Access to e-learning platforms
- Opportunities for internships and research projects
Partnerships
IFM works with both local and international institutions to strengthen its programs. Key partners include:
- University of Strathclyde (UK)
- Indian Institute of Foreign Trade (India)
- Avinashilingam University (India)
- University of Rwanda
Why Choose IFM?
- A long-established reputation in finance, management, and technology education
- A wide range of programs from certificate to master’s level
- Practical, competence-based training tailored to industry needs
- Strong connections with employers in both the public and private sectors
- Flexible study options, including evening and weekend classes in some programs
Career Opportunities
Graduates of IFM are employed in diverse sectors, such as:
- Commercial banks
- Insurance companies
- Pension and social security organizations
- Tax and regulatory authorities
- Information technology companies
- Non-governmental organizations
- Public and private sector corporations
