Accounting and Finance (DAF)

The Diploma of Accounting and Finance programme provides practical training that prepares students for a career in Accounting and Finance. In this programme, students will learn about working in the financial services industry as an accounting or finance professional or as an entrepreneur. 

The programme is designed for students with little or no previous knowledge of accounting and finance but wish to develop career in these fields. The course is an ideal introductory course and will provide students with the skills necessary to progress within numerous accounting support roles in organizations or to pursue a professional accounting and academic qualification.

Benefit of the Program

  • Help graduates to maintain accurate records, prepare timely financial reports, invest wisely and manage risk.
  • To facilitate decision making especially in accounting areas
  • Enhance the entrepreneurial abilities in students to be able to create jobs in the fast growing financial services sector, which in the long run can reduce unemployment.

Target Group

This diploma program is designed to cater for all those who meet the admission requirements and include: 

  • Holders UACE [A Level] in Science and arts subjects
  • Holders of UCE [O Level] with relevant certificate to improve on their careers
  • In-service business professionals officers with relevant Certificate qualifications

Minimum Entry Requirement

UACE with at least one principal pass in Economics or Math with 2 subsidiary passes & 5 passes at O’ Level


UCE / O’level with at least three credits and a certificate from a recognised institution

Tuition: Ug Shs, 500,000

Table 2:  Program Structure for Diploma in Accounting and Finance  (DAF)      

  Year One     Semester One    
S/No. Course Code Course  Name         
1 DACF 111 Business Finance      
2 DACF 112 Fundamentals of Financial Accounting 1  
3 DACF113 Fundamentals of Economics  
4 DACF114 Business Communications Skills  
5 DACF115 Information & Communications Technology I  
6 DACF116 Information Literacy  
Year One     Semester Two  
1. DACF121 Fundamentals of Accounting II  
2. DACF 122 Business Statistics  
3. DACF 123 Financial Markets and Institutions  
4. DACF 124 Business Law  
5. DACF 125 Principles of Management  
6. DACF123 Internship/Industrial Training & Report  
Year Two    Semester One  
1 DACF 211 Principles of Taxation  
2 DACF 212 Auditing and Assurance Services  
3 DACF 213 Accounting Information Systems  
4 DACF 214 Research Methods and Proposal  
5 DACF 215 Entrepreneurship Skills  
Year  Two    Semester Two  
1 DACF 221 Public Sector Accounting & Reporting  
2 DACF 222 Cost Accounting  
3 DACF 222 Microfinance Management  
4 DACF 223 Personal Finance Management  
5 DACF221 Customer Care and Client Relationships