Master of Science

Development Finance

Who can join?

Professionals working or aspiring to work in micro-finance service institutions; international organizations such as the UN and international financial institutions such as the World Bank Group or the African Development Bank; central bank or financial regulator; NGOs and private sector organizations. It is also recommended for those involved in policy formulation and implementation, or those interested in pursuing a career in development finance.

Entry qualifications

Bachelor’s degree in Economics, Commerce, Accounting, or Finance (with good quantitative background) or a non-finance related discipline with at least 3 years’ experience in finance related work

Duration: 2 years (five trimesters)

Finance & Risk Management

Fee Structure


  • Cost for the optional educational trip abroad is not included in this fee structure. The cost will be determined by the choice of country to be visited and students will be advised accordingly.

  • This fee structure is subject to review by the University

  • All fees are payable in installments

  • Please contact the Enrollment office for additional information on programme requirements and fees structure

This programme will equip you with the expertise to turn ideas into financially sound, long-term development solutions that improve lives, uplift communities and place Africa on the global stage. You will gain skills to manage development finance, as well as design, implement, and evaluate development programs that support  sustainability of the development.

KSh. 98,645

KSh. 95,645

KSh. 95,645

KSh. 85,800

KSh. 85,800

Trimester 5

Trimester 4

Trimester 3

Trimester 2

Trimester 1

Request information

+254 715 532187

Curriculum Road Map

Request information:

Entrepreneurship, Ethics, & Development

Research and Quantitative Methods

International Finance for Development

Public Project Finance

Issues in Development Finance

Financial Risk Management

Financial Reporting & Accountability

Financial Service

Micro Enterprise Finance

Local and Regional Development

Development Economics

Entrepreneurships for Development

Governance & Ethics

Human Capital Development

Quantitative Techniques for Development

Research Skills for Development

Monitoring and Evaluation