Introduction

The introduction of the course of Diploma in Finance and Accounting (DFA) is due to the increasing demand by those who want to attain specialized skills. This is a reply to many Ugandan for this cause. 

The Diploma in Finance and Accounting course is focused on training students to enable them engage in accountancy that would serve to promote accountability especially in the economic sectors. Consequently emphasis will be put on the record keeping and the curriculum revolved around that area in teaching methods and materials.  

This course will complement the economic activity of the Ugandan business performance by keeping proper books of accounts. Students will have a very strong attitude to work, which will make them have a competitive edge.

Programme Rationale

This Programme was designed to generally prepare our students to equip them with skills and knowledge competencies in the field of accounting and finance. The Diploma in Finance and Accounting gives a chance to those students to pursue their dream and even work in the same field. Students are also given a firm background to further their qualification on successful completion of the course. The course is intended to equip students with all the necessary skills needed in the field of Accounting in both private and public enterprises. Therefore the course includes many course units meant to impart skills of an all rounded professional. It also enlightens them on the reality facing us today so the learners endeavor to create self-employment rather than always wait to be employed.

Course Objectives

The programme is designed to meet the students interested in gaining knowledge of accounting and finance and wish to extend their knowledge to an advanced level.  Specifically the programme aims;

  • To provide the students with a basic understanding of certain core disciplines and which we regard as core values needed by any graduate such as financial literacy, marketing skills, entrepreneurial skills, computer literacy and ethics, good governance and integrity.
  • To provide the students with a basic understanding of each of the functional areas such as finance, accounting, and other related disciplines.
  • To enable students to specialize in Finance and Accounting; and also give them firm foundation for professional courses such CPA (U); ACCA (UK); CIMA etc.
  • To enable students understand the language and systems of the Business world, how financial statements are informed investments decisions and may discourage dishonest reporting and unscrupulous investment schemes.
  • To enable students develop in accounting and financial management skills and competencies with comprehensive knowledge and understanding of wider range of management and financial decision-making at the strategic level.
  • To provide students with an opportunity to apply the knowledge and skills they have gained in an individual, accounting and finance-related research investigation.
  • To make the students aware of the issues of financial irregularities and an understanding of the importance of the auditing process.
  • To take a strategic look at current issues in the financial world, providing students with a range of skills, including the ability to critically analyse financial data and weigh up issues, and relate these to developments and shifts within the industry.
  • To provide a sound foundation for students seeking progression in a managerial or professional role, or for those wishing to undertake further studies in degree programme.

1.4 Learning Outcomes

  1. Create self employment rather than always wait to be employed
  2. Demonstrate mastery and application of internal controls such as; financial decision skills, recording keeping skills, debtor management skills, authorizations, banking, strategy and computerized accounting skills and most importantly to be accountable and responsible for decisions made, and be a well-grounded and an all rounded professional.
  3. Solve problems in an ethical and socially responsible way.

Career Prospects

Diploma in Accounting and Finance graduates have a wide area of career choices. They can either work in the area of accounting, finance or auditing. These careers are both in private and public sector enterprises. However, in order to qualify as a public accountant, one is supposed to further qualifications and obtain professional qualification .e.g. CPA (U).

Programme duration.

The diploma programme shall cover a minimum of   two (2) years of four semesters and not exceeding a maximum of four (4) years.

Admission into the first year through any of the four avenues

  • Direct entry
  • Certificate holders scheme
  • Professional qualifications
  • Entrance admission examination

For admission to any diploma course under;

A) Direct Entry Scheme

A candidate must have;

  • Obtained at least one advanced level principal pass and two subsidiary passes obtained at the same sitting of the Uganda advanced certificate of education (U.A.C.E) examinations. Or Qualification equivalent to UACE.
  • Sat the UCE examination (equivalent) and obtained at least 5

B) Certificate Holder’s Scheme.

A candidate must hold;

  • A Uganda certificate of education (U.C.E) and a certificate in business Management or equivalent from a recognized institution.
  • A certificate in business Management of the Multitech Business School or any of the Uganda colleges of commerce and MUBS or a certificate in any field of study obtained from a recognized institution.

C) Professional Qualifications.

The applicant should have passed at least stage/level two, of the professional qualifications from a recognized institution or its equivalent provided this is passing by examination.

YEAR 1:  SEMESTER ONE         
CODE  COURSE NAME  LHTHPHCHCU
DFA 1101 Financial Accounting60  604
DBM 1101 Business Administration4515 603
DBM 1102 Business Economics60  604
DIT 1101 Computer fundamentals & applications45 30604
DBM 1103 Business Communication skills45  453
DBM 1104 Principles of management45  453
     21
Semester Two             
DFA 1262 Quantitative Methods60  604
DFA 1289 Intermediate Accounting60  604
DBM 1202 Business Law45  453
DBM 1206 Business Ethics45  453
DFA 1218 Financial Management4530 604
     18
YEAR TWO: Semester One                                             
DFA 2127 Auditing4515 603
DFA 2166 Elements of Fund Management4515 603
DFA 2163 Financial Economy4515 604
DFA 2164 Financial Regulatory Framework45  453
DFA 2165 Introduction to Financial Reporting60  604
DBM 2102 Research Methodology45 60453
     22
RECESS TERM     
RST 2101 Vocational study10 52342
RST 2102 Business Plan Development10 52342
RST 2103 Internship10 52342
     6
Semester two     
DFA 2216 Cost and Management Accounting4515 604
DFA 2267 Public Sector Accounting4530 604
DFA 2268 Financial Analysis30 30453
DFA 2228 Computerized Accounting 115 60453
DFA 2220 Principles of Taxation4515 604
DBM 2204  Research Proposal10 52362
     20

Apply Online

Use the link to apply online 

Download Application Form

Download the Application from by clicking on this link

Upon filling it, either submit it to us physically through our Academic Registrar’s Office, or by email at: admissions@bit.ac.ug

Pick forms at our campus

You can as well pick, fill and submit  an application form from our campus at Level 4, Ham Towers, Makerere Hill Road, Kampala, Uganda (Opposite Makerere University Main Gate)

Your application will be fully processed upon submission of the following to our office:


  1. Photocopies of all educational certificates and relevant academic documents.
  2. A copy of the receipt of application fees; UGX 50,000/=; Note: This is non-refundable)
  3. Three (3) Passport size photographs
  4. A copy of a Valid Identity Card (National, Passport, or former School ID preferred)