1. PREAMBLE

The world is dynamic hence requires programmes designed specifically to meet emerging challenges. The world economy is so volatile that every second posts its own expectations. It is on this basis that the world requires degree in economics that provides sufficient grounding in theory and skills to meet the on-job-needs of economists. This programme aims at supplying the market with highly trained and technically proficient economic managers and policy analysts. It also aims at giving proper grounding to those who are looking forward to becoming university lecturers and researchers.

  1. RATIONALE

The programme aims at providing the students with a very rich background in economics theory, quantitative analysis in addition to descriptive and applied economics to enable the student do a thorough economic and policy analysis. The programme is designed in a sequence that has some prerequisites. It also introduces the art of specialization in the areas of students’ interest at undergraduate level thereby enhancing quality training. Those who specialise in Financial Economicswill be targeting the financial market e.g. the banks, stock exchange market, investment and related sector etc.

  1. VISION

To be a programme of utmost quality and relevance to the dynamic economic realities of the world.

  1. MISSION

To train and produce world class economists equipped with the high caliber intellectual knowledge capable of simulating economic scenario and offering empirical solutions.

  1. OBJECTIVES

5.1  General Objective

The programme aims at providing the students with appropriate analytical skills necessary for economic modeling, policy formulation and analysis and evidence based decision making.

5.2  Specific Objectives

  1. To prepare the students in the field of planning and building economic models and understanding world economic operations
  2.  To equip students with skills that will help them play a practical role in economic activities.
  3. To prepare students for managerial and entrepreneurial careers in the economy and other related areas.
  4. To train students in economic theory and methods for policy analysis, simulation and economic management within the government, private sector and the universities.
  5. To prepare students to undertake studies at the Graduate level with the aim of joining the universities and research institutions for employment.
  6. To train competent researchers in the field of Economics.
  1. ENTRY REQUIREMENTS
  1. The Maasai Mara University common regulations for registration into a Bachelor degree program shall apply.
  2. Inaddition to meeting the University entry requirements of overall C+ in KCSE or equivalent, candidates for admission to the Bachelor of Science in Financial Economics (BSc. Financial Economics) must have obtained a minimum of B- (minus)in Mathematic
  1. SUBMISSION AND PROCESSING OF APPLICATION

The common procedures approved by Maasai Mara University shall apply.

  1. DURATION OF STUDY AND DEGREE PATTERN
  2. The Bachelor of Science in Economics programme shall take eight semesters.
  3. Every academic year shall consist of two semesters of sixteen weeks each. The last two weeks of each semester shall be devoted to examinations.
  4. In order to graduate with a Bachelor of Science in Economics and Statistics, a candidate must have completed at least 56 courses of 39 contact hours each.
  5. In addition to the 3 university common courses, students in the first year of study musttake the11courses offered in the programme.
  6. In the second year of study, student must take 2 university common courses and 12 courses offered in the programme.
  7. In the third year of study, the student will be required to take 1 university common course and 13 courses offered in the programme.
  8. In the fourth year of study, the student shall be required to take the 14 courses offered in the programme.
  9. EXAMINATIONS
    • Rules and regulations
  1. The common rules and regulations govrning examinatin of Maasai Mara University shall apply.
  2. Students enrolled for the Bachelor of Science in Economics degree programme will be expected to take written examinations on all taught courses.

(b)  Grading

  1. Assignments, fieldwork and such other continous assessments as required by the Department, School, University, or Institute shall constitute thirty percent (30%) of the total marks for each course.
  2. The final examinations shall constitute seventy percent (70%) of the total marks for each course.
  • Each course shall be graded out of 100% and the pass mark for each course shall be 40% of the total marks. These marks shall be translated into literal grades as:
  1. 70% and above                                        A
  2. 60% to 69%                                             B
  3. 50% to 59%                                             C
  4. 40% to 49%                                             D
  5. Below 40% F (Fail)
    • Special Examinations
  1. Special examinations will be offered to candidates who, due to circumstances acceptable to the University Academic Board, were unable to sit for the ordinary exams.
  2. Special examimations shall be graded on the same guidelines as those for the ordinary exams.
  3. Special exams shall be held concurrently with the supplementary examinations unless otherwise stated by the University Academic Board.
  • Re-sit Examinations

Shall be done in accordance with the university rules and regulation.

  • Discontinuation

A sudent shall be discontinued from the programme as per the University examination regulations.

  1. MODE OF STUDY
  2. Regular
  3. Open and Distance E-Learning (ODeL).
  4. Institutional Based-Programme (IBP)
  5. CERTIFICATION
    • Award of Degree

The degree to be awarded is designated:

Bachelor of Science in Financial Economics

11.2       Classification of Degree

A candidate who qualifies for the award of Bachelor of Science in Economics shall be placed in one of the four classes as follows :

            First Class Honours                                        70% to 100%

            Second Class Honours (Upper Division)        60% to 69%

            Second Class Honours (Lower Division)        50% to 59%

            Pass                                                                40% to 49%

  1. UNIVERSITY COMMON COURSES

The University common courses are as follows:

  1. CMJ 1100: Communication Skills
  2. ZOO 1100: HIV & AIDS and Lifestyle diseases
  3. COM 1200: Computer and Information literacy
  4. ENS 2100: Environmental Skills
  5. BBM 3200: Entrepreneurship Skills
  6. MAT 1200: Quantitative Skills
  7. REL 2100: Philosophy and Critical Thinking
  1. PROGRAMME STRUCTURE AND DURATION

Year of Study

1

2

3

4

Total

No. of Courses

 Semester

Course Load per semester

Credit hours per course

 Weighted Credit Hours

14

14

14

14

56

 

 

 

 

 

168

1

7

 

3

 

21

2

7

 

3

 

21

1

7

 

3

 

21

2

7

 

3

 

21

1

7

 

3

 

21

2

7

 

3

 

21

1

7

 

3

 

21

2

7

 

3

 

21

                    
  1. COURSES DISTRIBUTION PER YEAR AND SEMESTER

YEAR ONE

First Semester

 

 

Second Semester

 

 

Codes

 

CMJ 1100

 

ZOO 1100

 

ECO 1103

 

ECO 1104

 

ECO 1105

 

BCM1103

 

ECO 1106

Total

Course/Unit Titles

 

Communication Skills

HIV & AIDS and Lifestyle Diseases

Introduction To Micro-Economics

Fundamentals of Mathematics

Economics Statistics I

Foundations of Accounting I

Kenya’s Economy Since Independence

Credit Hours

3

 

3

 

3

 

3

 

3

 

3

3

 

 21

 

Code

COM 1200

 

ECO 1203

 

ECO 1204

BCM 1203

BCM 1205

 

ECO 1205

ARE 1205

 

 

 

 Total

Course Title

 

Computer and Information Literacy

Introduction to Macroeconomics

Mathematics for Economics I

Business Law

Foundations of Accounting II

 

Economics Statistics II

Introduction to Agricultural Economics

Credit Hours

3

 

3

 

3

3

3

 

3

3

 

 

 

 21

YEAR TWO

First Year

 

 

Second Year

 

 

Codes

 

ENS 2100

REL 2100

 

ECO 2103

 

ECO 2104

 

ECO 2105

ECO 2106

 

ECO 2107

 

Total

Course/Unit Titles

 

Environmental Skills

Philosophy and Critical Thinking

Intermediate Microeconomics

Production Economics

Rural Development

Calculus for Economists I

History of Economic Thought I

Credit Hours

3

3

 

3

 

3

 

3

3

 

3

 

21

 

Code

ECO 2203

ECO 2204

ECO 2205

 

ECO 2206

ECO 2207

 

ECO 2208

 

ECO 2209

 

 

Total

Course Title

 

Intermediate Microeconomics

Mathematics for Economics II

Economics of Money and Banking

Calculus for Economists II

History of Economic Thought II

Issues in Africa’s Economic Development

Accounting and Control

 

Credit Hours

3

3

3

 

3

3

 

3

 

3

 

 

21

YEAR THREE

First Year

 

 

Second Year

 

 

 

Codes

 

ECO 3103

 

ECO 3104

 

ECO 3105

 

ECO 3106

 

ECO 3107

EFE 3103

EFE 3104

Total

Course/Unit Titles

 

Core Units:

Advanced Microeconomics

International Economics

Development Economics

Economics of Labor and Industry Operations Research

Corporate Finance

Theory of Finance

Credit Hours

 

3

 

3

 

3

 

3

 

3

3

3

21

 

Code

 

BBM 3200

ECO 3201

ECO 3203

ECO 3205

ECO 3204

ECO 3208

EFE 3203

EFE 3204

 

 

 

Total

Course Title

 Entrepreneurship Skills

Advanced microeconomics

International Economics

Development Planning

Research Methodology

Industrial Attachment

Asset Pricing

Corporate Finance II

 

Credit Hours

 

3

3

3

3

6

3

3

 

 

 

 

24

YEAR FOUR

First Year

 

 

Second Year

 

 

 

Codes

 

ECO 4103

ECO 4104

ECS 4103

EFE 4103

 

EFE 4104

EFE 4105

 

ECO 4106

 

 

Total

Course/Unit Titles

 

Core Units:

Econometrics I

Research Paper

Applied Statistics

Business Ethics and Governance

Capital Budgeting Financial Mathematics

Data Analysis and Computer Application

 

Credit Hours

 

3

3

3

3

 

3

3

 

3

 

 

21

 

Code

 

ECO 4203

ECO 4210

 

ECO 4205

 

EFE 4203

 

EFE 4204

EFE 4205

EFE 4206

 

Total

Course Title

 

 

Econometrics II

Managerial Economics

 

Public Finance and Fiscal Policy

Management of Financial Institutions

Taxation

Financial Derivatives

Financial Economics

 

Credit Hours

 

3

3

 

3

 

3

 

6

3

3

 

24

 

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Contact us

Maasai Mara University

P.O. Box 861 - 20500, Narok, Kenya 

Email: info@mmarau.ac.ke

Tel: +254 020 5131400

Admission Enquiries: reg.aa@mmarau.ac.ke