Application and Registration Closing Date: 11th January, 2019

January 14, 2019
18 Months


Dedan Kimathi Road, P.O Box 35243, Lusaka, Zambia.   View map

The training of financial sector professionals in Zambia has not been given high primacy. This state of affairs can in part be attributed to the infantile stage of financial sector’s development. With the full implementation of most of the recommendations made in the Financial sector Development Plan (2004-2015) in full gear, the sector is set to blossom and hence the need to proactively train a cadre of sector professionals that will be able to operate within the sector either as practitioners or entrepreneurs. It is against this background that this programme will equip students with the necessary theory and skills to operate successfully in the rapidly expanding financial services industry.


The programme targets university graduates seeking to work at both tactical as well as strategic levels in investment or commercial banking, specialized financial institutions, stock broking, dealing agencies, insurance, pension and investment funds. The programme is also targeted at holders of professional qualifications in finance, accountancy, pensions, insurance or banking. It will provide individuals in management positions with a better understanding of Management in a financial services environment, including strategy formulation and implementation. It is also well suited for fresh graduates wishing to acquire a postgraduate qualification for a career in financial services.

  • a degree in finance, financial services, accounting, pension and insurance from a recognised institution;
  • professional qualification such as Full ZICA, CIMA, CFA and ACCA; or
  • any relevant degree from a recognised institution.


The course of study for the award of the MFS degree shall be completed in a period of not less than 18 months and not more than three years.


Year 1Year 2


Year 1 courses

Semester 1 Semester 2
Course Code Course Course Code Course
MFS111 Research Methods (15 credits) MFS112 Investment Banking (15 credits): Aug – Dec
MFS121 Risk Management (30 credits): Jan – Jun MFS122 Retail Financial Services (15 credits): Aug – Dec
MFS131 Commercial  Banking (15 credits): Jan – Jun MFS132 International Banking (30 credits): Aug – Dec


Year 2 courses

Semester 1
Course Code Course
MFS211 Project Finance (15 credits)
MFS271 Dissertation (30 credits)
One elective from:
MFS221 Financial Innovation & Entrepreneurship (15 credits)
MFS231 Credit Management (15 credits)
MFS241 Global Treasury Operations (15 credits)
MFS251 Insurance Management (15 credits)
MFS261 Pension Management (15 credits)



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Registration of Student ID's is Now Open in LAB 211 (Levy Mwanawasa Building)
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