A Master of Science in Finance is the best substitute for MBA and is regarded as one of the best masters courses to pursue in Kenya. The minimum entry requirements for the course are: at least Second Upper undergraduate score or Second Lower plus two years’ experience.
MSC Finance is offered by the University of Nairobi, Kenyatta University, Kenya Methodist University, Strathmore University and JKUAT, but the best universities to pursue the program include UoN, KU, JKUAT and Strathmore.
At the University of Nairobi, the minimum entry requirement for MSC Finance is as follows:
Entry Requirements
2.1 The common regulations for the masters’ degree in the University of Nairobi shall be applicable.
2.2 The following shall be admissible:
a)A holder of at least an upper second class degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering.
b)A holder of lower second class degree in Finance, Accounting, Banking, Insurance, Economics, Mathematics, Statistics and Engineering with at least two years of work experience.
3.0 Credits Transfer and Exemptions
3.1 Applicants who have completed equivalent Masters course units at other Senate recognized universities may, with the approval of the Senate, be allowed to transfer credits up to one third (four) course units into their program. Students desiring to receive credit for any prior course units done will need to make a formal request, which includes:
- a) A list of the University of Nairobi (UON) course units for which the student is interested in getting credit;
b)Official transcripts, indicating courses that may be equivalent and;
c)Description and syllabus/outlines for the courses previously taken and passed. In addition there may be an exemption examination.
3.2 All those seeking to transfer credits will be required to pay an appropriate fee.
The MSC Finance classes are at AM Bank Towers in Nairobi. The course takes two years to complete that, is coursework and project/thesis.
At Kenyatta University, these are admission requirements for MSC Finance
MASTER OF SCIENCE IN FINANCE (MSc FINANCE)
1. Entry Regulations
(a) The common regulations for master degree in the University shall apply.
(b) The general regulations for all Master degree in the School of Business shall apply.
(c) The following shall be eligible for registration for the MSc Finance degree in the
School of Business:
i. A holder of at least an upper second class honors Bachelor of Commerce degree or its equivalent of Kenyatta University.
Or
ii. A holder of at least an upper second class honors Bachelor of Commerce degree or its equivalent of any other recognized university.
Or
iii. A holder of a lower second class Bachelor of Commerce degree or its equivalent of any other recognized university with proven ability in research.
2. Pattern of the Program
(a) The program of study for the MSc Finance degree shall consist of coursework, examination and thesis.
(b) The program will be offered in two modes, full-time and part-time with students in both modes being required to take a total of twenty (20) units by the end of the program.
(c) In the first year of study, a student will be required to take ten (10) core units and any two (2) of approved electives. Such electives may also be taken from the approved l
list of core, or other elective units from the other programs within the school.
(d) In the second year of study, a student will concentrate on their research work and submit a thesis.
At JKUAT these are the admission requirements for MSC Finance:
Bachelor’s degree with at least Upper second class Honours or equivalent from a recognized university.
OR
Bachelor’s degree with Lower second class Honours plus at least three years post qualification experience.
OR
Bachelor’s degree with Pass plus at least five years post qualification experience.
