HARAMBEE UNIVERSITY

ADDIS ABABA-MEXICO CAMPUS

Curriculum
For
Bachelor of Arts Degree in Accounting & Finance
―የአርት ባችለር ዲግሪ በአካውንቲንግ እና ፋይናንስ‖

December, 2021

Addis Ababa, Ethiopia

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1. General Conditions of the Campus

1.1. Location Of the Campus

Harambee University Addis Ababa Mexico Campus is located in capital city Addis Ababa around
Mexico in front of Federal Police Head Quarter.

1.2. Establishment of the Campus

Harambee University Addis Ababa Mexico Campus is located in the Capital City of Ethiopia. The
Campus has inaugurated in the Academic year of 2014. The Campus has started by renting one
building at the center of the city, on the academic Year of 2014 EC.

1.3. Infrastructure Of the Campus

The Campus has Library and e-Library for Soft Copy Books access
The Campus has 20 MB Internet access.
The Campus has 3 Class rooms which can accommodate 50 Students each.
The Campus has classrooms, four IT laboratory Networked and got internet access.
The Campus has water service, electricity, telephone and broad band and wireless internet
services
The Campus has Offices for each Structures such as Dean, Registrar, Quality Assurance,
Research and Community Service and Instructors Staff.

2. Vision, Mission and Goals of the Campus

2.1. Vision
Excelling the Campus to be the Center of Excellence in Addis Ababa by the year 2030.

2.2. Mission
 Delivering world-class education and training in strategically priority business, health

science and technology disciplines based on national economic demand;

Conducting problem-solving applied research to support the productivity and


competitiveness of industries and society;

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 Providing community and consultancy service to foster social and economic development

of the country, and

Transferring knowledge and technology, which can benefit the citizens of the country.


2.3. Goals of the University
To achieve its vision and mission will focus on the Following Goals :
1. Producing citizens who are competent businessman, effective producer and industrialists
by providing quality higher education and TVET sector;
2. Conducting and Disseminating Research out puts that solve problems of the Community;
3. Expanding Post Graduates, Under Graduate and TVET Programs based on labor market
assessment, to provide quality education with relevant profession which is useful to foster
the economic development of the country;
4. Bringing continuous development in line with the National Development Plan;
5. Developing future employees who are able to think critically and offer the best alternative
solutions in their leadership endeavor;
6. Providing Consultancy services and short and long term trainings in business, Health and
technology to boost the capacity of employees;
7. Providing skills that will make its future employees to think critically and offer the best
alternative solutions in the endeavors;
8. Providing practical and life applicable training and education in different modes and
9. Producing citizens that serve for the development of the country by providing quality
education based on the directives of Higher Education Proclamation 650/2009 and
HERQA.

2.4. Core Values

Multiculturalism and diversity
Academic freedom, honesty and integrity
Harambee, spirit of working together
Originality and innovativeness
Knowledge and technology Transfer
Professional ethics
Responsiveness
Transparency and accountability

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2.5. Principles of the University
• By providing of quality Under Graduates, Post Graduates and TVET Preparing competent
Graduates who full fill The Demands of Industry.
• Creating awareness for trainees and College community on Higher Education and TVET
Strategy, Until it is internalized in their Mind
• Producing citizens that serve for the development of the country by providing quality
education based on the directives of higher education proclamation.
• Achieving the objectives/goals of the college by creating unity among the staff
• The college would make research to solve the problem of the society
• Providing the opportunity of higher education & TVET training and education for those
regions which have not got learning opportunity.

2.6. Motto of the Campus

The Motto of Harambee University is ‘’Transforming Life through Quality Education’’.

3. Objectives of the Program

3.1. General Objective

The Department of Accounting and Finance of Unity University seeks to fulfill a primary mission
of delivering quality instruction that provide students with a general education foundation, a
comprehensive understanding of general business concepts and principles, the requisite conceptual
and technical knowledge of accounting and finance; and the basis for multi-dimensional roles
required of professional auditors, accountants and financial managers.

3.2. Specific Objectives

The specific objectives of the program are to

 Train and develop competent Accounting and Finance professionals for businesses and
society at large.
 Enable students to have innovative and creative mind-set stressing on different accounting
aspects.
 Train individuals who could assume functional areas related to accounting, cost, auditing,
finance, and taxation in both corporate and public sector

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  Train individuals who will be capable of providing consultancy services in the areas of
Accounting, Auditing, Finance, Cost , Taxation and Etc
 Enhance the quality of accounting education and practices through conducting researches
in the areas of accounting, finance, auditing , cost and taxation.

4. Rationale
In general, the establishment, diversification and improvement of the education and training
campuses is of paramount importance to the organization‘s development. More specifically, the
team believes that this opportunity will enable the Campus to:
 Produce sufficient skilled and qualified human power capable of implementing new ideas &
innovations to make a success in the county‘s development agenda particularly in the fields
that were recommended to be commenced;
 Produce professionals who are capable of conducting problem solving and change orient
practices in the areas of technology and economy;
 Produce qualified and efficient personnel to empower the region and their respective town and
city or districts economically, technologically and managerially;
 Prepare citizens committed to serve the local community;
 Render relevant service to the local as well as to the wider and national community through
good governance, impartiality, democracy, transparency and accountability;

The key issues to be elaborated as clearly pointed out above, the importance of diversification
and improvement of the University and University‘s program is unquestionable. For this to
happen successfully, the process of establishing and commencing the degree program,
diversification and improvement in all campuses should be built on a good ground. There should
be, for instance, efficient and wise utilization of the available resources, including human,
financial and material ones, at the University. This should happen right from the beginning of the
establishment of the branch campuses, satellites and centers.

On the other hand, the establishment of such branch campuses could play its part in solving
different social problems. For example, informant from Addis Ababa described that significant
number of employees and youths attend their higher education in Addis Ababa. A number of

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youths are habiting and developing addictions to some substance abuses. This is costing the
people of the City to create criminals and unemployment. Therefore, according to the informants,
the establishment relevant and quality higher education institutions can play its part in
ameliorating such social problems.

5. Graduate Profile
The graduate profile is the base for designing a curriculum that would lead to the realization of the
desired output. Accounting and finance degree graduates are expected to assume functional
responsibilities in any sector where accountability and transparency are needed. They can assume
positions in the areas of:

a. Accounting
 General accounts, records and reports; payroll processing and billings
 Cost and managerial accounting and control, data generation and supervisions
 Overhead charges computations, pricing and valuations
 Tax analysis and its administration
b. Financial Management
 Performs Jobs of Financial Management
 Treasury/cash management
 Credit management
 Disbursement voucher process and control
 Bank reconciliation and banking activities
 Budget preparation, execution and reporting analysis
 Tax item data generation, assessment and reporting
 Risk management & insurance
 Revenue & expenditure management
c. Financial Analysis
 Financial Forecasting and Trend analysis
 Performance analysis
 Compilation of data for project proposals, execution & monitoring for project
 preparation and evaluation


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d. Auditing (internal and external)
 Pre-audit inspection and investigation
 Operational audit, partial financial audit, cash audit, compliance audit, branch audit,
 Interim reports audit, advance clearance
 Part of external audit team-check inventory/stock, sales, procurement,
 Debtors/creditors balances, substantive audit, analysis of accounts, reconciliation
e. Management Information Systems
 Generation of information which is of financial and non-financial nature necessary for
management
 Analyze, Design and Install Accounting/business systems (manual or computerized)
f. Managerial functions
 Procurement, stores/inventory control, marketing, credit management, review of policies
and procedure manuals

g. Financial Administration services

 Finance
 Administration-personnel, material, and capital (resource)

The Department has, therefore, made a move towards the revision of its curriculum with the very
objective of developing and implementing a curriculum that reflects the tangible needs of the
country in line with the above specific purposes of the curriculum and the graduate profile without
compromising its international standard.

6. Program Requirement

6.1. Admission Requirement

The requirement for admission in the university is as per the regulations of Ministry of Education.
A candidate to join Bachelor Degree in Accounting and Finance must meet the following
minimum requirements as set by Ministry of Education.
Successful completion of 12th Grade /ESLCE/ based on the Requirement Set by the
Ministry of Education for the year.
Degree Holders seeking another Degree; or
Transfer from an accredited higher institution for degree program

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 TVET:
 Level IV in Related field of the Study.(Specifically from Business Sector of
TVET Program)
 One year Experience
 Level IV COC
Higher Education Equivalence is a requirement, For those who are coming from other
countries, any credential from abroad requires HERQA‘s equivalence Letter.

6.2. Duration of the Study

The duration for BA in Accounting & Finance program is Four years for Regular
and Five Year for Extension Programs.
The total number of credit hours a student should take to graduate is 145.
The minimum credit hours a graduate student should take is 15 in the regular and 9
in the extension and the maximum credit hours is 18 for regular and 12 for
extension program students.

6.3. Graduation Requirements

Graduate students will be awarded the ―Bachelor of Arts Degree in Accounting and
Finance‖ if they fulfill the following requirements:
 A minimum credit hour of 146.
 A Minimum Cumulative Grade Point Average of 2.00
 A Minimum Cumulative Grade Point Average of 2.00 in core courses and
 No F, NG, I, in any course

6.4. Medium of Instruction

The medium of instruction for the program is English.

6. Teaching Philosophy and Methodology

6.1. Teaching Philosophy

Based on the mission of Harambee University and the outcomes of the discussions with relevant
stakeholders, the following elements constitute the philosophy of the curriculum:

Excellence in applying scientific knowledge in a professional setting.


Continual interaction between the faculty, students and professional learning environments
to produce competence.

Integration of theory and practice to bring about excellent professionals.


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 Ongoing contact with the private and public sectors and other stakeholders to develop a
curriculum that is relevant, competitive and value-adding.

The development of competencies as an indispensable outcome of the curriculum.


The reinforcement of teaching with coaching to effectuate holistic student development.

6.2. Teaching Methodology
Competency based education, a student-centered methodology, emphasizes theory, skills, work
scene interface and personal development. In this interaction there shall be classroom lectures,
laboratory activities, application exercises in the private sector. Students will also engage in
presentations and group projects which reflect actual situations in business or industry.

Competency based education stresses the interrelationship of several learning dimensions in which
the students combine knowledge, skills, motivation and attitude to create effective learning
processes and to meet the standards of Harambee University.

The educational program will be characterized by increasing complexity. Knowledge, skills,

attitude and competencies will be tested at several levels during all semesters. The following five
complexity-dimensions are distinguished:

 Level of self-management of the student


 Level of professional cases to be dealt with

 The level of knowledge (and required analytical skills) to understand a specific subject

 The number of instruments, tools and methods needed to approach the subject

The department acknowledges these dimensions and challenges the students in their process
towards professional maturity. Therefore, the curriculum has the integrative elements between
theory and practice, between the different disciplines that are taught (a multi-disciplinary
approach), and between the constituting parts of a competency. Furthermore, the curriculum has
integrative elements between linguistic, calculative, analytic, synthetic, technical and ethical tools
to explore available knowledge and develop an intellectual maturity for better judgment, leadership
and knowledge ability.

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The program uses various types of teaching and learning methods appropriate to each course. The
method may use one or more of the following as deemed appropriate.

 Lecture
 Case studies
 Term Paper (s)
 Research Projects
 Presentation
 Discussion and experience sharing
 Practical exercises in class room
Industrial attachments


7. Resource Requirement

7.1. Human Resource

a. Academic Staff
To introduce the profile of the academic staff brief, currently, there are 8 instructors working in
the University. Moreover, a large number of these instructors have been educated in relevant
institutions. Some of the instructors have also attended the higher diploma program which
enables them to teach effectively in the higher learning institutions of Ethiopia and thus, possess
the qualification which is most pertinent to training and education. Furthermore, most of them
have teaching experience of many years either within this institution itself or within other
training and education centers. Members of the Management Bodies of the Campus have good
experiences of the managing higher learning institutions and great exposure to national and
international training organizations. Hence, this is a good opportunity for the Campus in
particular in gaining innovations and good experiences to transfer to other new academic staffs.

Instructors for The Program :

Field of Study Full time Par-timer Remark
BA in Accounting - -
MSc in Accounting 5 3

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& Finance
Total 5 3 8

b. Administrative Staff
The campus has reasonably sufficient number of supportive and administrative staff.
Numerically, there are 24 employees currently working in this staff. In terms of experience, there
are many workers who were employed in different Private and Government Higher Learning
Institutions and thus, have gained long experience of work. Many other workers have also spent
many years of works in the higher education institutions. Moreover, majority of the
administrative staff members are attending different professional trainings in both private and
public universities in the country through different modes, which is enabling them to further
develop their skills.

7.2. Material Resources

7.2.1. Physical Establishments

The campus has to one floor which is rented. The Campus has the following Physical and
Technological Infrastructures:
The Campus has Library and e-Library for Soft Copy Books access
The Campus has 20 MB Internet access.
The Campus has 4 Class rooms which can accommodate 50 Students each.
The Campus has one IT laboratory Networked and got internet access.
The Campus has water service, electricity, telephone and broad band and wireless internet
services
The Campus has Offices for each Structures such as Dean, Registrar, Quality Assurance,
Research and Community Service and Instructors Staff.
The Campus has Security Cameras for the Security of the Students and Staffs.
The Campus has Wireless Internet access for Staff and Students.

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7.2.2. Facilities and Services

The University‘s libraries have been recently restructured in a way that enables it to give better
services. Now the libraries have been able to give reading service for 50 Students at a time
The library consists of 1000 hardcopies more than 4000 soft copies of material. The computers in
the library are networked with the broadband internet networks.

Similar, the Campus ICT and computer centers are equipped with adequate number of computers
and the necessary accessories, including thirty five desktops and laptops in the offices and IT
laboratories.

The Campus has provided one bus for different purposes including helping the students get the
practical learning in the field, internships and cooperative training. The Campus has full Water
and Electricity facilities.

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8. Assessment methods
To ensure the competence of the trainees, different assessment methods before, during and after the
teaching learning process are completed:
Informative assessment like oral questions and answers
Continuous assessments like tests, quiz , assignments and project works
Final Examination
Conducting research projects
industrial attachments
Case presentation and group work
9. Grading System
The grading system is fixed a five scale grading system comprising of A to F and respective grade
points are as follows:

Grade A+ A B+ B C+ C D F
>90 89 - 80 79 - 75 74 - 65 64- 59-50 49-40 <39
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Value 4.00 4.00 3.50 3.00 2.50 2.00 1.00 0.00
10. Quality Assurance
To assure the quality and the success of the program will:
• adopt good planning, monitoring and evaluation of activities and academic programs;
• monitors its program through getting feedback from employer‘s students, alumni, teachers and
other stakeholders;
• apply continuous teachers‘ evaluation;
• update its resource and facilities;
• review the curriculum to enrich it, when deemed necessary;
• establish link with the industries to enhance students exposure in the industry;
• hiring and assigning well qualified and experienced instructors offer additional tutorial services
whenever it is necessary;
• teaching and learning process will be periodically assessed;
• assessing on semester base, the outcome of every course will be assessed;
• tallying the evaluation result of students and relaying to the evaluated instructor through the
head of the department the outcome confidentially;
• Assures students‘ involvement in both theoretical and practical activities of learning and
teaching.
11. Nomenclature
A candidate after successful completion of the program will be awarded first degree and written: In
English ―Bachelor of Arts in Accounting and Finance‖ in Amharic “የአርትስ ባችለር ድግሪ በአካውንቲንግ ኤንድ
ፋይናንስ’’
12. Key to coding the Main courses
The prefix: ACFN denotes - the deportment of Accounting & Finance
-First number indicates – Year of offering
Middle number specifies - Sequence of course in each semester
Last number describes – Semester

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13 Course Listings: Major, Supportive, and Required

13.1 Major courses

S. Course Cr. ECTS Pre-

N Course Title No. Hrs requisite
1 4 6
Fundamentals of Accounting I ACFN 201 None
2 Fundamentals of Accounting II ACFN 202 4 6 ACFN 201
3 Cost & Management Accounting I ACFN 211 3 5 ACFN 202
4 Cost & Management Accounting II ACFN 212 3 5 ACFN 211
5 Intermediate Financial Accounting I ACFN 231 3 5 ACFN 202
6 Intermediate Financial Accounting II ACFN 232 3 5 ACFN 231
7 Money & Banking Practices ACFN 311 3 5 ACFN 202
8 Accounting Software applications ACFN 321 3 5 ACFN 202
9 Accounting Information System ACFN322 3 5 ACFN 321
10 Government & Non-Profit Accounting ACFN 331 3 5 ACFN 232
11 Federal Government of Ethiopia (FGE) 2 3
Acct. ACFN 332 ACFN 331
12 Financial Management I ACFN 341 3 5 ACFN 231
13 Financial Management II ACFN 342 3 5 ACFN 341
14 Advanced Financial Accounting I ACFN 401 3 5 ACFN 232
15 Advanced Financial Accounting II ACFN 402 3 5 ACFN 401
16 Auditing principles & practices I ACFN 411 3 5 ACFN 232
17 Auditing principles & practices II ACFN 412 3 5 ACFN 411
18 Investment Analysis and Port. 3 5
Management ACFN 421 ACFN 341
19 Project Analysis and Evaluation ACFN 422 3 5 ACFN 341
20 Financial Markets and Institutions ACFN 423 3 5 ACFN 341
21 Public Finance and Taxation ACFN 431 4 6 ACFN 232
22 ACFN 322/
3 5 412/431
Senior Essay ACFN 432 Mgmt 324
Total 68 114

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13.2 Supportive Courses

S.N Course Cr. Pre -

Course Title No. hr ECTS requisite
1 Introduction to Management Mgmt211 3 5 None
2 Introduction to Statistics Stat 192 3 5 None
3 Managerial Statistics Mgmt313 3 5 Stat 192
4 Business Research Methods Mgmt324 3 5 Stat 192
5 Micro Economics Econ 221 3 5 Econ 1011
6 Macro Economics Econ 212 3 5 Econ 1011
7 Business Law Law 201 3 5 None
8 Fundamentals of Marketing Mrkt312 3 5 None
9 3 Mgmt211
Human Resource Management Mgmt322 5 Pysc1011
10 Mathematics for Management Mgmt221 3 5 Mgmt211
11 Risk Management and Insurance Mgmt321 3 5 Mgmt211
12 Basic Writing Skills Enla102 3 5 FLEn1012
13 Int. Computer Technology Comp 105 3 5 None
Total 39 65

13.3 Common Courses

S. Course Common Courses Pre- Cr Contac ECTS

NO No. requisite hrs t hrs
.
1 FLEN 1011 Communicative English language ___ 3 3 5
Skills I
2 Econ 1011 Economics ___ 3 3 5
3 LoCT 1011 Critical Thinking ___ 3 3 5
4 SpSc 1011 Physical Fitness ___ P/F 2 P/F
5 Psyc 1011 General Psychology ___ 3 3 5
6 GeEs 1011 Geography of Ethiopia & the Horn ___ 3 3 5
7 Math 1011 Mathematics for Social Sciences ___ 3 3 5
8 GITR 1012 Global Trends ___ 2 2 3
9 FLEN1012 Communicative English language FLEn1011 3 3 5
Skills II
10 Anth 1012 Social Anthropology 2 2 3
11 MGMT 1012 Entrepreneurship 3 3 5
12 Hist 1012 History of Ethiopia & the Horn 3 3 5
13 EmTe 1012 Introduction to Emerging 3 3 5
Technologies
14 MCiE 1012 Moral and Civic Education ___ 2 2 3
15 SNIE 1012 Inclusiveness ----- 2 2 3
Total 38 40 62
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14. Courses Summary

Courses No. Courses Credit hours

Major Courses 22 68
Supportive Courses 13 39
Common/ required courses 15 38
Total 50 145

15. Course Breakdown

15.1: Course Breakdown: Regular

Year I, Semester I
No Course Title Course No Prerequisite Cr. Hrs
1 Communicative English Language Skills I FLEn1011 None 3
2 General Psychology Psyc 1011 None 3
3 Mathematics for Social Sciences Math 1011 None 3
4 Critical Thinking LoCT 1011 None 3
5 Geography of Ethiopia & the Horn GeES 1011 None 3
6 Physical Fitness SpSc 1011 None P/F
7 Economics Econ 1011 None 3
Total 18

Year I, Semester II
No Course Title Course No Prerequisite Cr. Hrs
1 Communicative English Language Skills II FLEn1012 FLEn1011 3
2 Social Anthropology Anth1012 None 2
3 Entrepreneurship MGMT1012 None 3
4 History of Ethiopia & the Horn Hist.1012 None 3
5 Introduction to Emerging Technologies EmTe1012 None 3
6 Moral & Civic Education MCiE 1012 None 2
7 Global Trends GITR 1012 None 2
Total 18

Year II, Semester I

No Course Title Course No Prerequisite Cr. Hrs
1 Fundamentals of Accounting I ACFN 201 None 4
2 Introduction to Management Mgmt 211 None 3
3 Fundamentals of Marketing Mrkt 312 None 3
4 Micro Economics Econ 221 Econ 1011 3
5 Basic Writing Skills Enla 102 FLEn1012 3
6 Inclusiveness SNIE102 2
Total 18

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Year II, Semester II
No Course Title Course No Prerequisi Cr. Hrs
te
1 Fundamentals of Accounting II ACFN 202 ACFN 201 4
2 Macro Economics Econ 212 Econ 1011 3
3 Mathematics for Management Mgmt 221 Mgmt 211 3
4 Introduction to Statistics Stat 192 None 3
5 Int. to Computer technology Comp105 None 3
Total 16

Year II : Summer/ Kiremt

No Course Title Course No Prerequis Cr. Hrs
ite
1 Intermediate Financial Accounting I ACFN 231 ACFN 202 3
2 Cost & Management Accounting I ACFN 211 ACFN 202 3
Total 6

Year III, Semester I

No Course Title Course No Prerequis Cr. Hrs
ite
1 Financial Management I ACFN 341 ACFN 231 3
2 Cost & Management Accounting II ACFN 212 ACFN211 3
3 Managerial Statistics MGT 313 Stat 192 3
4 Intermediate Financial Accounting II ACFN 232 ACFN 231 3
5 Accounting Software application ACFN 321 ACFN 202 3
Total 15

Year III, Semester II

No Course Title Course No Prerequisite Cr. Hrs
1 Financial Management II ACFN 342 ACFN 341 3
2 Government and non-profit Accounting ACFN 331 ACFN 232 3
3 Auditing Principles & Practices I ACFN 411 ACFN 232 3
4 Accounting Information System ACFN 322 ACFN 321 3
5 Money & Banking Practices ACFN 311 ACFN 202 3
6 Public Finance and Taxation ACFN 431 ACFN 232 4
Total 19

Year III: Summer / Kiremt

No Course Title Course No Prerequisi Cr. Hrs
te
1 Business Research Methods Mgmt324 Mgmt211, 3
Stat 121
2 Auditing Principles & Practices II ACFN 412 ACFN 411 3
Total 6

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Year IV, Semester I
No Course Title Course No. Prerequisite Cr. Hrs
1 Advanced Financial Accounting I ACFN 401 ACFN 232 3
2 Investment Analysis and Portfolio ACFN 421 ACFN 341 3
Management
4 Project Analysis and Evaluation ACFN 422 ACFN 341 3
5 Federal Government of Ethiopia ( FGE) ACFN 332 ACFN 331 2
Accounting
6 Financial Markets and Institutions ACFN 423 ACFN 341 3
Total 14

Year IV, Semester II

No Course Title Course No. Prerequisite Cr.
Hrs
1 Senior Essay ACFN 432 ACFN 322/ 3
412/431
Mgmt 324
2 Business law Law 201 None 3
3 Human Resource Management Mgmt322 Mgmt 211, 3
Psyc 1011
4 Risk Management & Insurance Mgmt321 Mgmt 211, 3
5 Advanced Financial Accounting II ACFN 402 ACFN 401 3
Total 15

15.2: Course Breakdown: Extension

Year I, Semester I
No Course Title Course No Prerequisite Cr. Hrs
1 Communicative English Language Skills I FLEn1011 None 3
2 General Psychology Psyc1011 None 3
3 Mathematics for Social Sciences Math 1011 None 3
4 Critical Thinking LoCT1011 None 3
Total 12

Year I, Semester II

No Course Title Course No Prerequisite Cr. Hrs

1 Geography of Ethiopia & the Horn GeES1011 None 3
2 Physical Fitness SpSc1011 None P/F
3 Economics Econ 1011 None 3
4 Communicative English Language Skills II FLEn1012 FLEn1011 3
5 Social Anthropology Anth1012 None 2
Total 11

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Year II, Semester I
No Course Title Course No Prerequisite Cr. Hrs
1 Entrepreneurship MGMT1012 None 3
2 History of Ethiopia & the Horn Hist.1012 None 3
3 Introduction to Emerging Technologies EmTe1012 None 3
4 Moral & Civic Education MCiE 1012 None 2
Total 11

Year II, Semester II

No Course Title Course No Pre- Cr. Hrs

requisite
1 Fundamentals of Accounting I ACFN 201 None 4
2 Introduction to Management Mgmt211 None 3
3 Fundamentals of Marketing Mrkt312 None 3
4 Global Trends GITR 1012 None 2
Total 12

Year II, Summer/Kiremt

No Course Title Course No Pre- Cr. Hrs
requisite
1 Fundamentals of Accounting II ACFN 202 ACFN 201 4
2 Int. to Computer technology Comp105 None 3
3 Inclusiveness SNIE102 2
Total 9

Year III: Semester I

No Course Title Course No Pre- Cr. Hrs
requisite
1 Intermediate Financial Accounting I ACFN 231 ACFN 202 3
2 Cost & Management Accounting I ACFN 211 ACFN 202 3
3 Basic writing Skills Enla102 FLEn1012 3
4 Mathematics for Management Mgmt 221 None 3
Total 12

Yer III, Semester II

No Course Title Course No Pre- Cr. Hrs
requisite
1 Cost & Management Accounting II ACFN 212 ACFN 211 3
2 Micro Economics Econ 221 Econ 1011 3
3 Accounting Software Application ACFN 321 AFCN 202 3
4 Intermediate Financial Accounting II ACFN 232 ACFN 231 3
Total 12

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Year III Summer/Kiremt
No Course Title Course No Pre-requisite Cr. Hrs
1 Financial Management I ACFN 341 ACFN 231 3
2 Auditing Principles & practices I ACFN 411 ACFN 232 3
Total 6
Year IV: Semester I
No Course Title Course No Pre- Cr. Hrs
requisite
1 Auditing Principles & practices II ACFN 412 ACFN411 3
2 Financial Management II ACFN 342 ACFN 341 3
3 Accounting Information System ACFN 322 ACFN 321 3
4 Macro Economics Econ 212 Econ 1011 3
Total 12

Year IV Semester II

No Course Title Course No Pre- Cr. Hrs

requisite
1 Public Finance and Taxation ACFN 431 ACFN232 4
2 Government and non-profit Accounting ACFN 331 ACFN 232 3
3 Introduction to Statistics Stat 192 None 3
4 Advanced Financial Accounting I ACFN 401 ACFN 232 3
Total 13

Year IV: Summer / Kiremt

No Course Title Course No Pre- Cr.

requisite Hrs
1 Advanced Financial Accounting II ACFN 402 ACFN 401 3
2 Federal Government of Ethiopia ( FGE) ACFN332 ACFN 331 2
Accounting
Total 5

Year V: Semester I
No Course Title Course Pre- Cr. Hrs
No. requisite
1 Financial Markets and Institutions ACFN 423 ACFN 341 3
2 Business Research Methods Mgmt 324 Stat 192 3
3 Managerial Statistics Mgmt 313 Stat 192 3
4 Investment Analysis and Portfolio ACFN 421 ACFN341 3
Management
Total 12

13
Year V: Semester II
No Course Title Course No. Pre-requisite Cr. Hrs
1 Business law Law201 None 3
2 Project Analysis and Evaluation ACFN 422 ACFN 341 3
3 Risk Management & Insurance Mgmt 321 Mgmt 211 3
Total 9

Year V: Summer/Kiremt
No Course Title Course No. Pre-requisite Cr. Hrs
1 Senior Essay ACFN432 ACFN 322/ 3
412/431
Mgmt 324
2 Human Resource Management Mgmt 313 Mgmt 211, 3
Psyc 1011
3 Money & Banking Practices ACFN 311 ACFN 202 3
Total 9

16: Course Outlines

A. Fresh man /Common Courses

1. Course Title: Communicative English Skills I

Course Code: ELEn1011
Credit Hours: 3
Semester: I
Course objectives
At the end of this course, students will be able to:
• Express themselves in social and academic events in English
• Use English intelligibly with reasonable level of curacy and fluency
• Listen and comprehend to talks related to social and academic events given in English
• Read and understand texts written in English –texts on academic and social matters
• Write in English as academically and socially desirable.
• Learn and develop their English on their own—learning to learn: the language and the skills
Course Description
Communicative English Skills I is a course designed to enable students to communicate in English
intelligibly with acceptable accuracy, fluency and ability to use English appropriately in different
contexts. The course exposes students to English language learning activities designed to help students
use English for their academic and social needs. Students would be engaged in language learning
development activities through doing and reflection on action. This includes grammar and vocabulary as
used in communicative events and all skills and their sub-kills: speaking, listening, reading and writing.
The language and skills are integrated where one becomes a resource to the other. There are six units
covering topics related to the life world of students as well as of societal relevance.
Course contents
Unit 1: Introducing Oneself
Unit 2: Study Skills
14
Unit 3: Sports and Health
Unit 4: Cultural Values
Unit 5: Tourism and Wildlife
Unit 6: Population
Teaching Methods
Short lectures
Pair and group work
Discussions
Presentations
Independent learning (e.g. independent reading)
Assessment
Active Participation =5%
Individual Assignment (portfolio)= 10%
Group Assignment = 15%
Written test = 10%
Oral presentation = 10%
Final Examination = 50%

References
Alfassi, M. 2004. Reading to learn: Effects of combined strategy instruction on high school students.
Journal of Educational Research, 97(4):171- 184.

Anderson, N. 1999. Exploring second language reading: Issues and strategies. Toronto:Heinle&Heinle
Publisher.

Bade, M. 2008. Grammar and good language learners.In C. Griffiths (Eds.). Lessons from good
language learners (pp. 174-184). Cambridge University Press.
https//doi.org/10.107/CBO9780511497667.016

Bouchard, M. 2005. Reading comprehension strategies for English language learners: 30research-based
reading strategies that help students read, understand and really learn content from their textbooks and
other non-fiction materials. New York: Scholastic.

Cameron, L. 2001. Teaching languages to young learners. Cambridge: Cambridge University Press.

Chamot, A.U. 1987. The learning strategies of ESL students. In A. Wenden & J. Rubin (Eds.). Learner
strategies in language learning (PP 71-85). Prentice-Hall: Hemel Hempstead.

Gairns, R. & Redman, S. 1986. Working with words: A guide to teaching and learning vocabulary.
Cambridge University Press.

Department of Foreign Language and Literature. 1996. College English (Volume I and Volume II).
Addis Ababa University Press.

McNamara, D.S. (Ed.). 2007. Reading comprehension strategies: Theories, interventions, and
technologies. New York: Erlbaum.

15
Tilfarlioğlu, Y. 2005. An Analysis of the relationship between the use of grammar learning strategies
and student achievement at English preparatory classes. Journal of Language and Linguistic Studies 1:
155-169.

Murphy R. (?). Essentials of English grammar in use: A self-study reference and practice book for
intermediate students of English (2nd Ed.). Cambridge University Press.

Murphy R. 2004. English grammar in use: A self-study reference and practice book for intermediate
students of English (3rd Ed.). Cambridge University Press.

Zhang, L. J. 2008.Constructivist pedagogy in strategic reading instruction: Exploring pathways to

learner development in the English as a second language (ESL) classroom. Instructional Science, 36(2):
89-116.https://doi.org/10.1007/s11251-007-9025-6.

2. Course Title: Geography of Ethiopia and the Horn

Course code: GeES 1011

Credit hours: 3
Semester: 1
Course objectives:
Upon completion of this course the students will be able to:
• Describe the location, shape and size of Ethiopia and the Horn
• Explain the implications of location, shape and size of Ethiopia and the Horn on the physical
environment, socioeconomic and political aspects.
• Elaborate the major geological events; the resultant landforms and mineral resources of Ethiopia
and the Horn.
• Identify the major drainage systems and water resources of Ethiopia and their implications for
regional development and integration.
• Develop an understanding of the climate of Ethiopia, its dynamics and implications on the
livelihoods of its inhabitants.
• Examine the spatio-temporal distribution and abundance of natural vegetation, wildlife and Soil
resources of Ethiopia.
• Discuss the demographic attributes and dynamics as well as the ethnic diversity of Ethiopia.
• Read maps as well as compute basic demographic and climatic rates
• Appreciate the biophysical and socio-cultural diversities in Ethiopia and the Horn
• Explicate the major types of economic activities in Ethiopia; discern their spatiotemporal
distributions and their contributions to the overall development of the country.
• Comprehend the effects of globalization on the socioeconomic development of Ethiopian and the
Horn

Course description
This course attempts to familiarize students with the basic geographic concepts particularly in relation to
Ethiopia and the Horn of Africa. It is also intended to provide students a sense of place and time
(geographic literacy) that are pivotal in producing knowledgeable and competent citizens that are able to
comprehend and analyze problems and contribute to their solutions. The course consists of four parts. The
first part provides a brief description on the location, shape and size of Ethiopia as well as basic skills of

16
reading maps. Part two introduces the physical background and natural resource endowment of Ethiopia
and the Horn which includes its geology and mineral resources, topography, climate, drainage and water
resources, soil, fauna and flora. The third part of the course focuses on the demographic characteristics of
the country and its implications on economic development. The fourth component of the course offers
treatment of the various economic activities of Ethiopia and the Horn which include agriculture,
manufacturing and service sectors. Moreover, Ethiopia in a globalizing world is treated in the perspectives
of the pros and cons of globalization on its natural resources, population and socio- economic conditions.
Course contents
Chapter 1: Introduction
Chapter Two: The Geology of Ethiopia and the Horn
Chapter Three: The Topography of Ethiopia and the Horn
Chapter Four: Drainage Systems and Water Resources of Ethiopia and The Horn
Chapter Five: The Climate of Ethiopia and the Horn
Chapter Six: Soils, Natural Vegetation and Wildlife resources Of Ethiopia and The Horn
Chapter Seven: Population of Ethiopia and the Horn
Chapter Eight: Economic Activities in Ethiopia
Teaching methods
Gap Lecture, Peer/ group Discussion and Reflection, Reading Assignment.
8. Assessment
Attendance (5%) Paper & presentation (20 %); Tests (25 %); Final examination (50 %)

References
A.D. Tathe.(2012). Lecture Notes on Climatology: For Intermediate Met Training Course, Indian
Meteorological Department.

Addis Ababa University (2001). Introductory Geography of Ethiopia, Teaching Text, Department of
Geography.

Assefa M., Melese W., Shimelis G.(2014). Nile River Basin; Ecohydrological Challenges, Climate
Change and Hydropolitics. Springer International Publishing, Switzerland.

B. D, Ray (1989). Economics for Agriculture: Food, Farming and the Rural Economy. Macmillan.

CSA 1994 & 2007. Population and Housing Census Results. CSA: A.A.

Diao, Xinshen,. 2007. The Role of Agriculture in Economic Development: Implications for Sub Saharan
Africa. Sustainable Solutions for ending Hunger and Poverty, Research Report 153. IFPRI.Ethiopia.

Engdawork Assefa(2015). Characterization and classification of major agricultural soils in CASCEP

intervention weredas in the central highlands of Oromia Region, Ethiopia,

Addis Ababa University FDRE.2001 Ministry of Water Resources, National Metrological Survey, A.A.
Girma Kebede(2017). Society and Environment in Ethiopia

Hartshorne, T. & J. Alexander (1988). Economic Geography, 3rd Ed.

Hooguelt, A (2001). Globalization and the post-colonial world. The New political Economy of
Development. Basingstoke plagrave.
17
Hurni. H. 1988. Ecological Issues in the Creation of Ethiopia. Paper presented in the National Conference
on Disaster prevention and preparedness Strategy for Ethiopia, A.A International Centre for Migration
Policy Development (ICMPD) (2008). East Africa Migration Route Initiative Gaps & Needs Analysis
Project Country Reports: Ethiopia, Kenya, Libya. Vienna Laurence

G., Jeremias M., Tilahun A., Kenneth M.(2012). Integrated Natural Resource Management in The
Highlands of Eastern Africa; From Concept to Practice. New York, Earthscan.

Lloyd, P. & P. Dickens (1977). Location in Space. Harper @ Row.

Mesfin Woldemariam (1972). Introduction to Ethiopian Geography, Addis Ababa,

Ministry of Agriculture/MOA/ (1998). Agro-ecological zones of Ethiopia: Natural Resources

Management and Regulatory Department, Addis Ababa

Morgan R.P.C (2005). Soil Erosion and Conservation. National Soil Resources Institute, Carnfield
University. Blackwell Publishing, Oxford, UK.

OXFAM(2018). Horn of Africa climate crisis response. Regional summary Pausewang, Siegfried (1990),
Ethiopian Rural Development Options. Plant genetic resource center (1995). Ethiopia: country report to
the FAO International Technical Conference on Plant Genetic Resource, Addis Ababa

Robert, E.G, James, F.P & L. MichaelT.(2007). Essentials of Physical Geography. Thomson Higher
Education, Belmont, 8th edition.

UNDP, FAO (1984) Ethiopia Forest Resources and Potential for Development; An assistance to land use
planning. United Nations Framework Convention on Climate Change (2007). Climate Change; Impacts
Vulnerabilities and Adaptations in Developing Countries.
http://www.preventionweb.net/publications/view/2759

Waugh, D. (1990). Geography: An Integrated Approach. Nelson: London.

18
3. Course Title: Critical Thinking

Course Code: LoCT1011

Course Cr. Hr: Three (3) Course ECTS: Five (5)
Semester: 1
Course Description
Critical Thinking is an inquiry that takes arguments as its basic objects of investigation. Logic is concerned
with the study of arguments, and it seeks to establish the conditions under which an argument may be
considered acceptable or good. Critical thinking is an exercise, a habit, a manner of perception and
reasoning that has principles of logic as its fulcrum, and dynamically involves various reasoning skills
that ought to be human approach to issues and events of life. To think critically is to examine ideas,
evaluate them against what you already know and make decisions about their merit. The aim of logic and
critical thinking course is to maintaining an ‗objective‘ position. When you think critically, you weigh up
all sides of an argument and evaluate its validity, strengths and weaknesses. Thus, critical thinking skills
entail actively seeking all sides of an argument evaluating the soundness of the claims asserted and the
evidence used to support the claims. This course attempts to introduce the fundamental concepts of logic
and methods of logical reasoning. The primary aim of this course is to teach students essential skills of
analyzing, evaluating, and constructing arguments, and to sharpen their ability to execute the skills in
thinking and writing.

Course Objectives
• At the end of the course, students should be able to: Understand the relationship of logic and
philosophy
• Recognize the core areas of philosophy
• Appreciate the necessity learning logic and philosophy,
• Understand basic logical concepts, arguments,
• Understand deductivness, inductiveness, validity, strength, soundness, and cogency,
• Develop the skill to construct sound argument and evaluate arguments;
• Cultivate the habits of critical thinking and develop sensitivity to clear and accurate usage of language;
• Differentiate cognitive meanings from emotive meanings of words,
• Differentiate standard forms of categorical propositions from other types of sentences used in any
language,
• Apply symbols to denote standard forms of categorical propositions to form further logical
assertions among them.
• Develop logical and open-mind that weighs ideas and people rationally;
• Develop confidence when arguing with others,
• Demonstrate logical argumentative ability,
• Develop logical reasoning skill in their day to day life, and
• Appreciate logical reasoning, disproving mob-mentality and avoid social prejudice.
• Understand the basic concepts and principles of critical thinking.
• Understand the criterion of good argument.
• Identify the factors that affect critical thinking.
• Apply critical thinking principles to real life situation.

19
Course contents
Chapter One: Logic and Philosophy
Chapter Two: Basic Concepts of Logic
Chapter Three: Logic and Language
Chapter Four: Basic Concepts of Critical Thinking
Chapter Five: Logical Reasoning and Fallacies
Chapter Six: Categorical Propositions

Teaching Methods
For the successful completion of this course, different Student-Centered teaching methodologies will be
applied. These include:
• Semi-Lecture
• Class Discussion
• Group Discussion
• Pair Discussion
• Peer-Learning
• Video/Audio Visual
• Self-Reading
• Debate
Assessment
Attendance……..5%
Tests………….. 25%
Assignment and presentation…20%
Final Exam.……………………50%

Readings and Texts Textbook

Hurley, Patrick J. (2014) A Concise Introduction to Logic, 12th Edition, Wadsworth, Cengage Learning.

Hurley, Patrick J. (2012) A Concise Introduction to Logic, 11th Edition, Wadsworth, Cengage Learning.

Reference Books

Copi, Irving M.and Carl Cohen, (1990) Introduction to Logic, New York: Macmillan Publishing
Company.

Damer, Edward. (2005). Attacking faulty reasoning. A practical guide to fallacy free argument.
Wadsworth Cengage learning, USA.

Fogelin, Robert, J, (1987) Understanding Arguments: An Introduction to Informal Logic, New York:
Harcourt Brace Jvanovich Publisher.

Guttenplan, Samuel: (1991) The Language of Logic. Oxford: Blackwell Publishers

Stephen, C.(200) The Power of Logic. London and Toronto: Mayfield Publishing company.

Simico, N.D and G.G James. (1983) Elementary Logic, Belmont, Ca: Wadsworth Publishing Company.

20
Walelign, Emuru, (2009) Freshman Logic, Addis Ababa.
4. Course Title: General Psychology

Course Code: Psyc 1011

Semester: 1
Course description
This introductory course will provide students with an overview of the current body of knowledge and
the science of psychology. This course examines the role of environmental factors and the interaction of
nature and nurture in determining behaviors and mental processes. Areas to be discussed will include; the
essence psychology, human development, theories of learning, memory and forgetting, motivation and
emotion, psychological disorder and treatments. The course will also focus on how to develop life skills
based on the theories and principles of psychology where self-development, academic and social skills
shall be given due attention.
Course objectives
Up on the completion of this course, students will be able to:
• Describe basic psychological concepts.
• Compare and contrast the major theoretical perspectives in psychology.
• Discuss different aspects of human development
• Compare and contrast different learning theories
• Summarize motivational and emotional processes
• Demonstrate social and interpersonal skills in everyday life.
• Set an adaptive goal and plan for future.
• Apply knowledge of psychology to one‘s own life & to develop life skills.
• Explain ways how self-confidence, self-esteem, self-efficacy, assertiveness, responsible
behaviors, interpersonal skills will be strengthened.
• Apply different stress coping mechanisms.

Course contents
Chapter One: Essence of Psychology
Chapter Two: Human Development
Chapter Three: Learning and Theories of Learning
Chapter Four: Memory and Forgetting
Chapter Five: Motivation and Emotion
Chapter Six: Psychological Disorders and Treatment Techniques
Chapter Seven: Introduction to Life Skills
Chapter Eight: Intra-personal and Personal Skills
Chapter Nine: Academic Skills
Chapter Ten: Social Skills
Teaching Learning Methods
• Gapped Lecturing
• Brainstorming
• Collaborative learning
• Discussion
• Independent learning Reading assignment and presentation
• Role play

21
Assessment
Test: 20 %
Group assignment- 10 %
Individual assignment- 10 %
Group Presentation-10 %
Final exam-50%

References
Coon, D. & Mitterer, J.O. (2008). Introduction to psychology: Gateways to mind and behavior (12th ed).
New York, NY: McGraw Hill.

Feldman, R.S. (2018). Essentials of understanding psychology (13th ed). New York, NY: McGraw Hill.

Gray, P. & Bjorklund, D.F. (2017). Psychology (7th ed). New York, NY: Worth Publishers.

Kalat, J.W. (2013). Introduction to psychology (13th ed). New York, NY: McGraw Hill.

Lahey, B.B. (2008). Psychology: An introduction (10th ed). New York, NY: McGrawHill.

Lilienfeld, S.O., Lynn, S.J., Namy, L.L. & Woolf, N.J. (2017). Psychology: From Inquiry to
understanding (3rd ed). Upper Saddle River, NJ: Pearson Education.

Meyers, D.G. & DeWall, C.N. (2016). Exploring psychology in modules (10th ed). New York, NY: Worth
publishers.

Weiten, W. (2014). Psychology: Themes and variations (briefer version, 9 th ed). Belmont, CA:
Wadsworth Publishing. ………….

Burnard, P. (1989). Teaching interpersonal skills: A handbook of experiential learning for health
professionals. London, UK: Chapman and Hall.

Cotnell, S. (2013). The study skills handbook. New York, NY: Palgrave MacMillan.

Haddon, P.F. (1990). Mastering personal and interpersonal skills: Key techniques and personal success.
London, UK: Thorogood Ltd.

Hays, J. (2002). Interpersonal skills at work (2nd ed). New York, NY: Routledge.

Pavord, E. & Donnely, E. (2015). Communication and interpersonal skills (2nd ed).

Banbury, UK: Lantern publishing. Peace Corps (2001). Life skills manual. Washington, DC: Author.
Skills You need (2018). Personal development. Author. State University of New York (nd). The study
skills handbook. Albany, GA: Author.

Sultmann, B. & Burtpn, T. (2003). People skills: Guiding to effective interpersonal behavior. Bowen Hills,
Australis: Australian Academic Press.

22
5. Course title: Global Trends

Course code: GlTR1012

Credit hours: 2
Semester: 2

Course description
The course is designed to familiarize learners on the nature and development of international relations
and global issues. It deals with nations, states, national interest, cooperation and conflict among states,
and the role of state and non-state actors in the international system. Additionally, it explains the nature
of international law, global political economy and the nexus between regionalism and globalization. It
also critically examines the contemporary global issues and how the international community is trying to
address them. It is organized to systematically examine international issues by employing different
theories and providing concrete examples from different parts of the world. Last but not least, after
providing rigorous understanding of how the international system functions, it will equip learners to
consciously observe and critically understand the Ethiopia‘s Relations with the outside world. As the
saying goes ―Think globally act locally!‖
Course objectives
At the end of the course, students will be able to:
• Understand nations, nationalism and states
• Explain the nature and historical development of international relations
• Gain basic knowledge of the major theories in the discipline of International Relations and develop the
ability to critically evaluate and apply such theories
• Elucidate national interest, foreign policy and diplomacy
• Explicate the nature and elements of international political economy and international law
• Examine the extent and degree of influence of state and non-state actors in the•international
system
• Examine the roles major international and regional institutions play in world politics
• Critically evaluate the major contemporary global issues
• Assess the overriding foreign policy guidelines of Ethiopia in the past and present
• Explore Ethiopia‘s role in regional, continental and global institutions and affairs
Course contents
Chapter One: Understanding International Relations
Chapter Two: Contending Theories of International Relations
Chapter Three: Foreign Policy and Diplomacy
Chapter Four: The International Political Economy (IPE)
Chapter Five: International Law
Chapter Six: Regionalism and Globalization
Chapter Seven: Major Contemporary Global Issues
Teaching methodology:
• Lectures,
• Group discussions,
• Debates
• Reflections
Assessment

23
 • Attendance (5%)
• Tests (25%)
• Assignment and Presentation (20%)
• Final Examination (50%)
References
Altinay, Hakan (2011) Global Civics: Responsibilities and Rights in an Interdependent World. The
Brookings institution:Washington Armstrong, David(ed.)(2009). Routledge Handbook of International
Law. London: Routledge

Baylis, J. and Smith, S. (eds.) (1997).The Globalization of World Politics. Oxford: Oxford University
Press.

Browlie, Ian (2003). Principles of Public International Law. (6th ed.). New York: Oxford University

Copson, Raymond w.(2007)The United States inAfrica:Bushpolicyand beyond in association with

InternationalAfrican InstituteRoyalAfrican Societyof SocialScience Research Council, Zed
Books:London

Crane, George T. and AbalAmawi (1997). The Theoretical evolution of International Political Economy:
A Reader (2nd Edition). Oxford University Press: New York.

Crawford, Robert (2000) Idealism and Realism in International Relations: Beyond the Discipline.
Routledge: USA

DeLombaerde,Philippe(ed.)(2008)GoverningRegionalIntegrationforDevelopment:MonitoringExperien
ces,MethodsandProspects.AshgatePublishingCompany:England

Demelo, Jaime and ArvindPanagariy(eds.) (1993)ANew Dimensionsin RegionalIntegration,Centre

forEconomic PolicyResearch 1993, Cambridge University Press:USA

Demelo, Jaime and ArvindPanagariy(eds.)(1993)ANew Dimensionsin RegionalIntegration,Centre

forEconomic PolicyResearch 1993, Cambridge University, Press:USA

Der, James D. (2009) Critical Practices in International Theory: Selected Essays,Routledg, Abingdon,
Oxon

Farrell,Mary(ed.) (2005)GlobalPoliticsofRegionalism:Theoryand Practice. Pluto Press: London

Genest, Mark A. (1996). Conflict and Cooperation: Evolving Theories of International Relations. Fourth
Worth: Harcourt Brace and Co.

Goldestein, Joshua S. and John C. Pevhouse (2006). International Relations brief 3rd ed.
PrisscillaMcGreehon.

Goldstein J. S. (2003) International Relations. 5th edition. Washington, D.C. Pearson Education Press,
Inc Griffiths, Martin (Ed.) (2007). International Relations Theory for the Twenty-First Century:An
introduction. New York: Routledge

24
Griffiths, Martin and Terry O‘Callaghan (2002) International Relations: The Key Concepts. Routledge:
London Griffiths, Martin, et al. (2008). International Relations: The Key Concepts (Second Edition). New
York: Routledge

Griffiths, Martin, Steven C. and M. Scott (2009), Fifty Key Thinkers in International Relations (2nd
edition) Hancock, KathleenJ.(2009)Regional Integration; Choosing Plutocracy, Palgrave
Macmillan:United States Henderson, Conway W.(1998) International Relations: Conflict and
Cooperation at the Turn of the 21 st Century. Guilford: McGraw-Hall.

Hollis, Martin and Steve Smith (1990) Explaining and Understanding International Relations. United
States: Oxford University Press.

Holsti, K.J. (1995) International Politics: A Framework for Analysis. 7 th ed. New Jersey:Prentice Hall.

J.M. Biswaro. (2012) The Quest for Regional Integration in the Twenty First Century: Rhetoric versus
Reality - A Comparative Study, MkukinaNyota Publishers Ltd, Dar es Salaam: Tanzania

Macdonald, David B.et.al (ed.)(2007)The Ethics of Foreign Policy. Ashgate Publishing Limited: England
Malm, Endreas and ShoraEsmailian (2007). Iran on the Brink Rising Workers and Threats of War.

Pluto Press Mintz, Alex and Karl De Rouen (2010) Understanding Foreign Policy Decision Making,
Cambridge University Pres: Cambridge

Rengger,N.J.(2000) International Relations,Political Theory and theProblem of Order: Beyond

International Relations theory?Routledge: London

Rourke, John T. and Mark A. Boyer (1998). World Politics: International Politics on the world Stag.,
brief. 2nd ed. Guilford: Dushkin/McGraw-Hall.

Salmon, Trevor C. (Ed.) (2005). Issues in International Relations. New York: Routledge

Steans, Jill and LloyndPettiford (2005). Introduction to International relations: Perspectives and Themes.
2 nd ed. Harlow: Pearson Prentice Hall.

Sutch , Peter and Juanita Elias (2007 ) International Relations, the basics. Taylor & Francis. Todaro,
Michael P. and Stephen Smith (2003).Economic Development (8thed).

Trevor S. Salmon and Mark F. Imber (ed) (2008). Issues in International Relations. Routledge Publishing,
2 nd Edition Vinay Bhargava (2006). Introduction to Global Issues.

Walts, Kenneth N. (2003) Progress in International Relations Theory. Belfer Center for Science and
International Affairs John F. Kennedy School of Government, Harvard University Cambridge,
Massachusetts

Weber,Cynthia (2001) International Relations Theory: A Critical Introduction(2nd edition) Routledge:

London

25
6. Course Name: History of Ethiopia and the Horn

Course Code: Hist. 1012

Credit Hours: 3crs with 5ECTS
Semester: II

Course Description
This course is a common course given to Higher Learning Institutions Students/HLIS. Students will learn
about the role of history in human life and goals of studying history. Students will also learn the
importance of history in nation building and the making of identity in time and space. This course covers
the major historical processes in Ethiopia and the Horn. The course is also concerned with how the
sociocultural, religious, economic and political experiences of the past are interwoven in the making of
the current Ethiopia and the Horn. It is useful to know how personalities helped change the scenario, and
how societies, peoples and the world that we live in have changed over time and its implication for history
of Ethiopia and the Horn. It is helpful to understand history as a base for shaping and bettering of the
future.

Course Objectives
The general objective of the course is to acquaint students with historical processes in Ethiopia.
Specifically, after completing the course, students will be able to:
• distinguish meaning, nature and uses of history
• identify pertinent sources for the history of the peoples of Ethiopia and the Horn describe changes
& continuities that unfolded in Ethiopia and the Horn
• elucidate the causes, courses and consequences of events happened in the region
• explain the nature of the region‘s external contacts and their effects
• appreciate people‘s achievements, heritages and cultural diversities of the region
Course contents
Unit 1: Introduction
Unit 2: Peoples and Cultures in Ethiopia and the Horn
Unit 3: Polities, Economy & Socio-Cultural Processes in Ethiopia & the Horn to end of 13th Century
Unit 4: Politics, Economy & Socio-Cultural Processes from Late 13th – the beginning of 16th Century
Unit 5: Politics, Economy & Socio-Cultural Processes from Early 16th –the End of the 18th Century
Unit 6: Internal Interactions and External Relations from the 1800–1941
Unit 7: Internal Interactions and External Relations from the 1941–1994
Unit 8: Cross-Cutting Issues in History of Ethiopia and the Horn
Teaching methods
This course will be delivered based on learner centered approach. Therefore, the main instructional
strategies of the course are
• pair & group discussions;
• interactive teaching;
• brainstorming;
• icebreaker;
• debating & role-play.
Assessment
• Attendance (5%)
• Quiz (5%)
• Test (25%)

26
 • Individual or Group Assignments and Presentations (15%)
• Final Examination = 50%

10. References
Abir, Mordechai. Ethiopia and the Red Sea: The Rise and Decline of the Solomonic Dynasty and
MuslimEuropean Rivalry in the Region. Frankcass, 1980.

____________. Ethiopia: The Era of The Prince; The Challenge of Islam and The Re-unification of The
Christian Empire 1769-1855. Institute of Asian & African Studies the Hebrew University, 1968.

Alberto, Sbacchi. Ethiopia under Mussolini: Fascism and the Colonial Experience. 1985.

Alemayehu Haile et al. History of the Oromo to the Sixteenth Century. Finfinne: OCTB, 2006.

Andargachew Tiruneh. The Ethiopia Revolution 1974-1987: Transformation from Aristocracy to

Totalitarian Autocracy. Cambridge University Press, 1993.

Asmarom Legesse. Gada: Three Approaches to Study of African Society. London: Free Press. Bahru
Zewde. A History of Modern Ethiopia, 1855-1991. Addis Ababa University Press.
__________. Society, State and History, Selected Essays. Addis Ababa: AAU Pres, 2008.

Bender, M. L. and et al. Eds. The Languages of Ethiopia. London, 1976. Clark, J.D. The Prehistoric
Cultures of the Horn of Africa. Cambridge University Press, 1954.

Crabtree J Pam &Campana V. Douglas. Archaeology and Pre-history. Gebru Tareke. Ethiopia Power and
Protests: The Ethiopian Peasants Revolts in the 20th Century. Cambridge University Press, 1991.

Gadaa Melbaa. Oromia. Minneapolis, 1999.

Haberland, Eike. ―Notes on the History of Southern Ethiopian Peoples.‖ Paris, 1975.

Marcus, Harold G. A History of Ethiopia. University of California Press: Berkeley, 1992.

Mohammed Hassen. The Oromo of Ethiopia 1570-1860. Cambridge, 1990.

Pankhrust, Richard. 1997. The Ethiopian Borderlands: Essays in Regional History from Ancient Times
to the end of the 18th Century. Red Sea Press. Rubenson, Sven. Survival of Ethiopian Independence.
1972.

Sergew Hable Selassie. Ancient and Medival Ethiopian History to 1270. Addis Ababa, 1972.

Shiferaw Bekele. Economic History of Modern Ethiopia: Imperial Era 1941-1974. Vol. I. Dakar, 1995.
Taddesse Tamrat. Church and State in Ethiopia, 1270-1527. Oxford, 1972.

Teshale Tibebu. The Making of Modern Ethiopia, 1855- 1974. The Red Sea Press, 1995.
Trimingham, J.Spencer. Islam in Ethiopia. London: Frankcass and Company LTD, 1965.

27
7. Course title: Introduction to Emerging Technologies
Credit Hours: 3(2Hr. lecture & 3Hr Lab/Tutorial /Seminar) ECTS: 5
Course Code: EmTe 1012
Semester: 2
Course description
This course will enable students to explore current breakthrough technologies in the areas of Artificial
Intelligence, Internet of Things and Augmented Reality that have emerged over the past few years.
Besides helping learners become literate in emerging technologies, the course will prepare them to use
technology in their respective professional preparations
Course objectives
By the end of this course the student will able to:
• Identify different emerging technologies
• Differentiate different emerging technologies
• Select appropriate technology and tools for a given task
• Identify necessary inputs for application of emerging technologies
Course contents
Chapter 1: Introduction to Emerging Technologies
Chapter 2: Introduction to Data Science
Chapter 3: Artificial Intelligence (AI)
Chapter 4: Internet of Things (IoT)
Chapter 5: Augmented Reality (AR)
Chapter 6: Ethics and professionalism of emerging technologies
Chapter 7: Other emerging technologies
Teaching methods
• Lecture,
• Tutorial,
• Seminar
• Demonstration
Assessment
Attendance and Class Participation (5%)
Demonstration/Lab work (15%)
Tests/Quiz (15%)
Assignment/Presentation (15%)
Exam (50%)

References

Follett, J. (2014). Designing for Emerging Technologies: UX for Genomics, Robotics, and the Internet of
Things: O'Reilly Media.

Vong, J.,& Song, I. (2014). Emerging Technologies for Emerging Markets: Springer Singapore.

Del Rosal, V. (2015). Disruption: Emerging Technologies and the Future of Work. Emtechub.
Sadiku, M. N. O. (2019). Emerging Internet-Based Technologies: CRC Press.

Mohamed Anis Bach Tobji, Rim Jallouli, Yamen Koubaa, Anton Nijholt Digital Economy. Emerging
Technologies and Business Innovation, 2018

28
Mahdi H. Miraz, Peter Excell, Andrew Ware, Safeeullah Soomro, Maaruf Ali, Emerging Technologies in
Computing,

Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications
Engineering 200, Springer International Publishing, 2018. Francesco Corea. Artificial Intelligence and
Exponential Technologies: Business Models Evolution and New Investment Opportunities, 2017.

Laura Igual and Santi Segui, Introduction to Data Science, A Python Approach to Concepts, Techniques
and Applications, Springer International Publishing Switzerland, 2017.

Laura Igual, Santi Segu, Introduction to Data Science. A Python Approach to Concepts, Techniques and
Applications, Undergraduate Topics in Computer Science, Springer, 2017.

Oleg Chertov, Tymofiy Mylovanov, Yuriy Kondratenko, Janusz Kacprzyk, Vladik Kreinovich, Vadim
Stefanuk , Recent Developments in Data Science and Intelligent Analysis of Information, 2019

Carlos Cordon, Pau Garcia-Milà, Teresa Ferreiro Vilarino, Pablo Caballero, Strategy is Digital: How
Companies Can UseBig Data in the Value Chain, 2016

Wolfgang Ertel, Nathanael T. Black, Introduction to Artificial Intelligence, Springer, 2018

Stephen Lucci, Danny Kopec, Artificial Intelligence in the 21st Century : A Living Introduction,Mercury
Learning & Information, 2015

Jan Holler, Vlasios Tsiatsis, Catherine Mulligan, Stefan Avesand, Stamatis Karnouskos and David Boyle,
From MachineTo-Machine to the Internet of Things. Introduction to a New Age of Intelligence, Academic
Press, 2014.

Gaston C. Hillar, Internet of Things with Python: Interact with the world and rapidly prototype IoT
applications using Python, Packt Publishing, 2016.

Khaled Salah Mohamed, The Era of Internet of Things: Towards a Smart World, Springer, 2019.•
Michael Haller, Mark Billinghurst, Bruce Thomas, Emerging Technologies of Augmented Reality:
Interfaces and Design 2006.

Bruno Arnaldi, Pascal Guitton, Guillaume Moreau, Virtual Reality and Augmented Reality: Myths and
Realities, WileyISTE, 2018.

Paul Mealy, Virtual & Augmented Reality for Dummies, 2018. Timothy Jung, M. Claudia tom Dieck,
Augmented Reality and Virtual Reality: Empowering Human, Place and Business, 2019

Jon Peddie, Augmented Reality : Where We Will All Live, Springer International Publishing, 2017.

Sandler, Ronald, ed. Ethics and Emerging Technologies. Springer, 2016.

Sachin Ramar, David Oc‘conner, Artificial Intelligence: How it Changes the Future, 2019

29
 Federica Lucivero, Ethical Assessments of Emerging Technologies: Appraising the moral plausibility of
technological• Course Syllabus 5 visions, 2016

Sabine Roeser, Risk, Technology, and Moral Emotions, 2018

Sven Ove Hansson, The Ethics of Technology: Methods and Approaches, 2017

8. Course Title: Inclusion in Education and Development (Inclusiveness)

Course code: SNIE1012

Credit hours: 2
Semester: After year 1
Course description
Special needs education refers to people with divers‘ disabilities, gifted and talented, and divers‘
population being at risk of education and development. As per the institutional reform that is focusing on
enhancing development for all population, the field of inclusive education is taking center stage in
institutional planning and improvement. This course introduces the process of achieving inclusion with
all appropriate accessibility and established support system at institutional level. In this course, the higher
education students will learn how to assess, understand and address the needs of persons with disabilities
and provide relevant support or seek extra support form experts. He/she also learns how to adapt and
implementing services for an inclusive environment that aimed to develop holistic development such as
affective, cognitive and psychosocial skills of the population with disabilities. Identification and
removal/management of environmental barriers would find a crucial place in the course. The students
learn how to give more attention and support for students with; hearing impairments, visual impairment,
deaf-Blind, autism, physical and health impairments, intellectually challenged, emotional and behavior
disorders, learning difficulty, communication disorders, gifted and talented student, and those at risk due
to different reason (population who are environmentally and culturally deprived, abused, torched,
abandoned, and orphaned and vulnerable..etc). All University students will be given the chance to study
the specific developmental characteristics of each group of students with disabilities and come up with
appropriate intervention strategies in inclusive settings of their respective professional environment and
any development settings where all citizens are equally benefited.
Course objectives
The University students of all fields in Ethiopia will be able to:
• Aware the needs of people with special needs, their potential and include all aspects of
developmental needs
• Identify population with special needs, their potentials and the learning and working styles of all
population with special needs in their environment.
• Demonstrate desirable attitude towards all population with special needs in their learning,
working and living environment
• Apply various assessment strategies for evidence-based planning to meet their needs
• Attempt to adapt environments they are working and living in according to the need and potential
of the population with special needs
• Develop an accommodative and inclusive attitude help to think for the wellbeing and development
of population with special needs.
• Identify and select appropriate support and services method that addresses the life needs of
population with special needs individually and on group bases.

30
 • Collaborate with experts and relevant others for the life success of all persons with disabilities in
all environments.
• Create and maintain successful inclusive environment

Course contents
Unit 1. Understanding students with diverse needs/special needs
Unit 2. Understanding Inclusion
Unit 3: Identification of population with special needs
Unit 4: Assessment in special needs
Unit 5: Differentiated services for populations of special needs
Unit 6. Promoting Positive Behaviors Institution-wide
Unit 7: Resources for the Inclusive environment
Unit 8: Collaborative Partnerships with stakeholders
Teaching methods
1. Interactive lectures 2. Collaborative learning 3. Independent/self learning 4. Institutional/school visits
and practicum 5. Individual and group assignments and presentation 6. Seminars 7. Individual and group
presentations 8. Expert consultancy
Assessment
• Attendance (5%)
• Tests (25%)
• Individual assignments (15%)
• Group assignment (15%)
• Final examination (50%)
References
1. Alemayehu Teklemariam and Temsegen Fereja (2011). Special Need Education in Ethiopia: Practice
of Special Needs Education around the World. Washington: Gallaudet University Press.
2. Alemayehu Teklemariam (2019). Inclusive Education in Ethiopia: WILEY and Blackwell: Singapore
3. A Teachers Guide (2001). UNESCO. Inclusive Education and Classroom Practice in Secondary
Education (2004).
4. Berit H. Johanson and Alemayehu Teklemariam (2006). Towards Special Needs Education as a
University Discipline: An Important step on the way to Education for All. In When All Means All.
Hakapaino Oy: Helsinki
5. Tirussew Teferra and Alemayehu Teklemariam (2007). Including the Excluded: Integrating disability
into EFA Fast Track Initiative Process and National Education Plans in Ethiopia. World Vision
6. MOE (2007). School Improvement Program
7. MOE (2010). Special Needs Program strategies implementation guide.
8. MOE (Ministry of Education). (2006). Special Needs Education Program Strategy. Addis Ababa
9. Understanding and responding to children‘s need in inclusive classroom (2010). www.european-
agency.org
10. ዓለማየሁትክለማርያም (2009). በመተባበርመማር፡- አንድለሁሉም፣ሁሉምለአንድ፣አዲስአበባ፡-
ፋርኢስትአታሚ
11. ዓለማየሁትክለማርያም (2011). አካቶትምህርትለምን፣ምን፣ለነማንእንዴት፤አዲስአበባ፡- ፋርኢስትአታሚ

31
9. Course title: Mathematics for Social Sciences
Course Code: Math1011
Credit hours: 3 Tutorial hrs:2
Semester: 1

Course descriptions
The course intends to prepare social science students with basic concepts and materials from mathematics
that necessitate a good foundation to treat some mathematical applications in social science. This course
rigorously discusses the basic concepts of logic and set theory, the real number system, solving equation
and inequalities, relations and type of functions, polynomial and rational functions, logarithmic and
exponential functions, trigonometric functions, and their graphs, matrices, determinants and systems of
linear equations; introduction to calculus.
Course objectives
After completion of the course, students will be able to:
• apply propositional logic in reasoning,
• use quantifiers in open propositions in mathematical logic
• understand concepts of sets and set operations,
• understand the fundamental properties of real numbers
• solve equations and inequalities
• explain different types of functions, their inverses and their graphs
• evaluate zeros of polynomials
• describe basic properties of logarithmic, exponential and trigonometric functions
• understand the notion of matrices and determinant.
• use matrices and determinants to solve system of linear equations,
• apply matrices and determinants to solve real life problems
• evaluate limits of elementary functions,
• understand the notion of continuity of functions,
• evaluate derivatives of elementary functions
• apply derivatives to solve practical problems
• evaluate integrals of elementary functions,
• apply integrals to solve practical problems
• solve application problems using differentiations and integrations
Course contents
Chapter One: Propositional logic and Set Theory
Chapter Two: Functions
Chapter Three: Matrices, determinant and systems of linear equation
Chapter Four: Introduction to calculus
Teaching methods
• Lecture
• Group discussion
• Demonstration
• Problem solving
Assessment methods
• Attendance (5%)
• Assignments / quizzes / (15%)
• Tests (30%)
• Final examination (50%)
32
References
Alemayehu Haile and Yismaw Alemu, Mathematics an Introductory Course, Department of Mathematics,
AAU

Demissu Gemeda, An Introduction to Linear Algebra, Department of Mathematics, AAU, 2000

Yismaw Alemu, Mathematics for Social Sciences

Lorenzo Peccati · Mauro D‘Amico ,Margherita Cigola,, Maths for Social Sciences, Springer Nature
Switzerland AG 2018

10. Course Title: Moral and Civic Education

Course Code: MCiE1012
Credit hours: 2
Semester: 2
Course description
This course is designed for undergraduate students with the aim of producing good citizens. It emphasizes
on equipping learners with the necessary civic competence and active participation in public life. It will
also help them to exercise their democratic rights and discharging their responsibilities effectively by
familiarizing them with necessary civic knowledge and skills. In countries such as ours, where the process
of cultivating modern constitutional and democratic values in the minds of citizens is experiencing serious
challenges, largely because the country had no established civic culture and partly because these values
and principles are not yet well-institutionalized, civics and ethical education remains to be imperative. To
this end, the course introduces learners to the basics of civics and ethics, citizenship, morality and the
goals of studying civics and ethics. It exposes students to the meanings, foundations, approaches, values
and principles of ethics and civic virtue that learners must be equipped with both as citizens and
professionals in their encounter with real life situations both to be morally matured and responsible while
making decisions and taking actions. The course also elucidate the nature, purpose and forms of state and
government, constitution, democracy and human rights, the nature of democratic citizenship, modes of
cultivating civic-virtues in our citizens mainly within the context of Ethiopia.
Course objectives
Upon a successful completion of this course, students will be able to:
• Understand the subject matter of Civics and Ethics;
• Cultivate certain moral values and civic virtues that enable them to be morally matured and
competent in their professional and citizenry lives by practically exposing them to moral and
civic debates/discussions and engagements.
• Develop such values/ virtues as recognition, appreciation and tolerance towards diversity and
also build culture of peace
• Gain knowledge about the theoretical discourses and practices of state, government and
citizenship, and their mutual interplay especially in the context of Ethiopia;
• Develop individual and/or collective potential of becoming self-confident citizens who can
effectively participate in their legal-political, socio-economic and cultural lives;
• Understand the essences of such values and principles as democracy and human rights,
multiculturalism and constitution and constitutionalism with especial reference to Ethiopia;
• Develop analytical and reflective skill of identifying global or national level development,
democracy/governance and peace related issues of civics and ethics and then be able to
produce or evaluate policies and practices in a civically and ethically responsible manner.
33
Course contents
Chapter One: Understanding Civics and Ethics
Chapter Two: Approaches to Ethics
Chapter Three: Ethical Decision Making and Moral Judgments
Chapter Four: State, Government and Citizenship
Chapter Five: Constitution, Democracy and Human Rights
Teaching methodology
• Lectures
• Group discussions
• Debates
• Reflections
Assessment
• Attendance (5%)
• Tests and quizzes (30%)
• Assignments (15%)
• Final Examination (50%)

References
Alexander, Larry (eds.).(1998). Constitutionalism: Philosophical Foundations. Cambridge: Cambridge
University Press.

AssefaFisseha. (2006). Federalism and Accommodation of Ethnic Diversity in Ethiopia: Comparative

Study. Utrecht: Wolf Legal Publishers.

Charles F. Kettering Foundation. & Harwood Group.1991. Citizens and politics: a view from Main Street
America. Dayton, Ohio: The Foundation.

David S. Oderberg and Timothy Chapel. (2004). Human values , new essays on ethics and natural law
palgravemacmillan, Great Britain.

Fasil Nahum. 1997. Constitution for a Nation of Nations: The Ethiopian Prospect. Lawrenceville,NJ: Red
Sea Publishers.

FDRE. (1995). The Constitution of the Federal Democratic of Ethiopia. Federal NegarritGazeta: Addis

Abeba Francis Snare (1992). The Nature of Moral Thinking. Rutledge, U.S.A and

Canada Frechette,S. (1981). Environmental Ethics. U.S.A.: The Boxwood Press. Goodin, Robert E. 2005.
Reflective Democracy. Oxford University Press: New York.

James Paul and Clapham .1972. Ethiopian Constitutional Development: A source book. Haile Selassie I
university: Addis Ababa.

Jeavons, T. (1991). Learning for the common good: liberal education, civic education, and teaching about
philanthropy. Washington, DC: Association of American Colleges.

John M.Rist Real Ethics. (2004).Reconsidering the Foundations of MoralityCambridge university press
U.K and U.S.A
34
Macedo, S. (2000). Diversity and distrust: civic education in a multicultural democracy. Cambridge,
Mass: Harvard University Press.

Melzer, A. M., Weinberger, J., &Zinman, M. R. (1998). Multiculturalism and American Democracy.
Lawrence, Kansas: University Press of Kansas.

Munitz, Milton K., (ed.) (1961). A Modern Introduction to Ethics, The Free Press of Clencoe Navia, Luis
E. and Kelly, Eugene. (1980). Ethics and the Search for Values, Prometheus Books.

Niemi, R. G., &Junn, J. (1998). Civic education: what makes students learn. New Haven: Yale University
Press.

Norman, Richard. (1985). The Moral Photospheres: An introduction to Ethics, Oxford, Clarendon Press.

Nzongola, Ntalajia and Margaret C. 1998. The State and Democracy in Africa. Asmara: Africa World
Press.

Oppenheim, A. N. (1977). Civic education and participation in democracy : the German case.London ;
Beverly Hills: Sage.

Penrose, W. O. (1952). Freedom is ourselves: Legal rights and duties of the citizen as a basis for civic
education. Newark: University of Delaware Press

10. Course Title: Physical fitness

Course code: SpSc 1011
Credit hours: No
Contact hours: 2
Semester: 1

Course description
This course will provide the students with basic concepts of the five components of health related physical
fitness (cardiovascular, muscular strength and endurance, flexibility, and body composition),
conditioning, hypokinetic disease and general principles of training. It is mainly practical oriented. As a
result, the students will be exposed to various exercise modalities, sport activities, minor and major games,
and various training techniques as a means to enhance health related physical fitness components. In
addition, they will develop the skills to assess each component of fitness and will practice designing
cardiovascular, muscular strength and endurance, and flexibility programs based on the fitness
assessment. The course serves as an introduction to the role of exercise in health promotion, fitness,
performance including the acute and chronic responses of the body to exercise.
Course objectives
By the end of this course the students will be able to:
• Recognize the immediate and long term responses of the body to various types of exercise.
• Understands the basic concepts of physical fitness and conditioning exercises.
• Understand the concept of hypokinetic disease and conditions.
• Distinguish the general principles of fitness training
35
 • Develop conditioning programs to enhance the components of health related physical finesses.
• Participate in conditioning programs which may help to develop the components of health related
physical finesses.
• Understand health issues in relation to excess body fatness and excessively low body fat.
• Develop skills to assess health related physical fitness components.
• Develop healthy body weight management skill.
• Appreciate and value the benefits of regular physical exercise to healthy living.
• Develop interest to engage in a regular physical exercise program as a life time activity.
• Develop self-confidence and effective communication skills in and out of the school environment.
Course contents
Chapter 1- Concepts of physical fitness and conditioning
Chapter 2- The Health Benefits of Physical Activity
Chapter 3 - Making Well-Informed Food Choices
Chapter 4- Health related components of fitness
Chapter 5- Assessment of fitness components
Chapter 6- Development and Assessment of the health related components of fitness
Teaching methods
• Lecture
• Group Discussion
• Questioning and answering
• Presentation
• Demonstration
Assessment
Test (Written) 10%
Group assignment (peer fitness assessment) 20%
Mid - term exam (Written) 30%
Final exam - practical group assignment (peer training on the five components of fitness) 40%
References
Charles B. Corbin, Gregory J.Weik, William R. Corbin and Karen A. Welk. (2006). Concepts of fitness
and wellness: a comprehensive lifestyle approach. 6th (ed)

Schott k. Powers, Stepheen L. Dod and Virginia J. (2006), Total Fitness and Wellness.

Paul M, and Walton T. (2006), Core Concepts in Health, 10th edit. 3. Charles B. Corbin and Ruth Lindsey
(1990), Fitness for life, 3rd Edition, Scott.

11. Course Title: Communicative English language Skills II

Course code: FLEn 1012
Credit hours: 3
Semester: 2
Course description
Communicative English Language Skills II is a continuation of Communicative English I Module, and it
mainly aims to provide first year University students proficiency with reading, speaking and writing skills.
It also aims to help students learn vocabularies that are assumed unfamiliar to them. In the grammar part,
with the intention of providing explanations, brief notes are given in each unit.
Course objectives

36
Students are expected to:
• identify different components of ‗life skills‘ so that they can actively apply them in life;
• become successful in living a community successfully and endeavor to execute skills to solve
problems that may occur in their community;
• develop their speaking, listening, reading and writing abilities in different areas including ‗life
skills‘; and
• know the ‗voices‘ in grammar and apply them in academic writing to enhance their writing and
reporting quality.
• understand how scientific investigation can be carried out;
• develop their speaking, listening, reading and writing abilities in different areas including; and
• know the future tense forms and use them in their speech and writing, when appropriate.
• become aware of the environmental problems and how they can be resolved;
• determine to participate in environmental protection; develop their speaking, listening, reading
and writing abilities; and
• understand and employ modal verbs in academic discussions and academic writing.
• create aware of the importance of indigenous knowledge;
• apply important indigenous knowledge together with scientific knowledge;
• develop their speaking, listening, reading and writing abilities; and
• understand and use direct and indirect speech in speaking and writing.

Course contents
Unit I : Life Skills
Unit II: Speculations about the future of Science
Unit III: Environmental protection
Unit IV: Indigenous Knowledge
Unit V: Cultural Heritage
Teaching Methods
Short lectures
Pair and group work
Discussions
Presentations
Independent learning (e.g. independent reading)
Assessment
Active Participation =5%
Individual Assignment (portfolio)= 10%
Group Assignment = 15%
Written test = 10%
Oral presentation = 10%
Final Examination = 50%
References
Azar, B. S. (2003). Fundamentals of English grammar. Longman.

Eggenschwiler, J.,& Biggs, E.D. (2001). Writing: Grammar, Usage, and Style. New York. Hungry Minds.
Inc

Lucy, J. A., & Lucy, L. A. (Eds.). (1993). Reflexive Language: Reported Speech and Meta pragmatics.
Cambridge University Press.

37
Murphy, R. (2012). English Grammar in Use. Ernst Klett Sprachen. Naylor, H., &

Murphy, R. (2007). Essential Grammar in Use. Supplementary Exercises. With Answers. Ernst Klett
Sprachen

12. Course Name: Social Anthropology

Course Code: Anth1012
Credit Hours: 2Cr. Hrs. (4 ECTS)
Semester:2
Course Description:
This course is designed to introduce the anthropology of Ethiopian societies and cultures to first year
students' of Higher Learning Institutions (HLIs). It covers basic concepts of anthropology such as culture,
society and humanity. It also discusses themes including unity and diversity; kinship, marriage and family;
indigenous knowledge systems and local governance, identity, multiculturalism, conflict, conflict
resolution and peacemaking system; intra and inter-ethnic relations of Ethiopian peoples. In addition, the
course explores culture areas of Ethiopia such as plough culture, ‗enset‘ culture and pastoralism. The
course further covers marginalized minority and vulnerable groups in terms of age, gender, occupation
and ethnicity by taking ethnographic case studies into account and discuss ways of inclusive growth.

Course Objectives
Up on the successful completion of the course, students will be able to:
• Develop an understanding of the nature of anthropology and its broader scope in making sense
of humanity in a global perspective;
• Understand the cultural and biological diversity of humanity and unity in diversity across the world
and in Ethiopia;
• Analyze the problems of ethnocentrism against the backdrop of cultural relativism;
• Realize the socially constructed nature of identities & social categories such as gender, ethnicity,
race and sexuality; Explore the various peoples and cultures of Ethiopia;
• Understand the social, cultural, political, religious & economic life of different ethnolinguistic &
cultural groups of Ethiopia;
• Understand different forms marginalization and develop skills inclusiveness;
• Appreciate the customary systems of governance and conflict resolution institutions of the various
peoples of Ethiopia;
• Know about values, norms and cultural practices that maintain society together; Recognize the
culture area of peoples of Ethiopia and the forms of interaction developed over time among
themselves; and
• Develop broader views and skills to deal with people from a wide variety of socioeconomic and
cultural backgrounds.

Course contents
Chapter One: Introducing Anthropology and its Subjects
Chapter Two: Human Culture and Ties that Connect
Chapter Three: Human Diversity, Culture Areas, and Contact in Ethiopia
Chapter Four: Marginalized, Minorities, and Vulnerable Groups
Chapter Five: Theories of inter-ethnic relations and multiculturalism in Ethiopia
Chapter Six: Customary and local governance systems and peace making
38
Teaching methods
The teacher or course facilitator who is assigned to deliver is recommended to make use of different active
learning methods including: brainstorming, question and answer, group discussion, buzz-group, cross-
over, home-works, reading assignments, peer teaching, and seldom active lecturing.
Assessment:
• Attendance (5%)
• Quizzes and tests (25%)
• Group and individual assignments (20%)
• Final exam (50%)
References
1. Asmarom Legesse (2006). Oromo Democracy: an Indigenous African Political System. The Red Sea
Press, Inc.
2. Cameron, M. Smith and Evan T. Davies (2008). Anthropology for Dummies. Wiley Publishing, Inc.,
Indianapolis, Indiana.
3. Clifored Geertz . (1973). The Interpretation of Cultures. A division of Harper Collins Publishers.
4. Donald Donham . (1986). Marxist Modern. The Ethnographic History of Marxist Ethiopia.
5. Donald N. Levine. (1974). Greater Ethiopia: The Evolution of A Multiethnic Society. Chicago &
London., University of Chicago.
6. Dunif-Hattis and Howard C. (1992). Anthropology: Understanding Human Adaptation. New York:
Harper Collins, Inc.
7. Eriksen, T. H. (2001). Small Places, larger Issues: An introduction to social and cultural anthropology.
London: Pluto Press.
8. Eriksen, T. H. (2004). What is anthropology? London: Pluto Press.
9. Eriksen, T. Hylland. (2002). Ethnicity and Nationalism. London; Pluto Press.
10. Eriksen, T.H. and Nielsen, F.S. (2001). A History of Anthropology. London: Pluto Press.
11. Hallpike, Christopher R. (1972). The Konso of Ethiopia: A Study of the Value of a Cushitic People.
Oxford: Clarendon Press.
12. Hamer, John. (1970). The Sidama Generational Class Cycles: A Political Geronotocracy. Africa 40,I
(Jan,1970): 50-70.
13. Haviland, WA, (1999).Cultural Anthropology (9th ed.). Fort Worth: Harcourt and Brace College Pub.
14. Kottak, C. P. (2004) – Anthropology: the Exploration of Human Diversity (10th ed.). McGraw Hill,
New York.
15. Lavenda, R. and Emily S. (2015). Anthropology. What Does It Mean to Be Human?. (3rded.). Oxford.
Oxford University Press.
16. Pankhurst. R.(2001). Historic Images of Ethiopia. Shamans Books. Addis Ababa, Ethiopia.
17. Richard Jenkins. (2006). Rethinking Ethnicity. London Sage Publication.
18. Rosman, A., Rubel, P.G. and Weisgrau, M. (2009). The Tapestry of Culture: an Introduction to Social
Anthropology. Lanham: Rowman and Little field.
19. Scupin and DeCorse (1988). Anthropology: A Global Perspective (2nd ed.). New Jersey: Prentice
Hall.
20. Shack, William S. (1966). The Gurage: A People of the Enset Culture. London: Oxford University
Press.
21. Triulzi et al. (2002). Remapping Ethiopia Easer African Studies:. Addis Ababa: AAU

39
13. Course Title: Economics

Course Code: Econ-1011

Credit hours: 3
Semester: 1
Course description
This course provides a general introduction to economics combining elements of micro and macro
fundamentals. The first part of the course focuses on theories of consumers‘ and producers‘
behaviour. Besides the course will also cover the neoclassical theory of product and/or service
pricing for perfectly competitive market and provide brief introduction to monopoly, monopolistic
competition, and oligopoly market structures. The second major part of the course will discuss
elements of macroeconomics such as macroeconomic goals, national income account and its
measurement, macroeconomic problems and policy instruments. In offering the course, the real
contexts Ethiopia will be thoroughly considered. .
Course objectives
After completing introduction to economics, students will be able to:
• Describe the major economic agents and their corresponding roles and objectives;
• Understand the concepts of demand and supply and their interactions;
• Explain the objective functions of consumers and producers‘ behaviour in the short run,
• Differentiate the various types of market structures,
• Understand the fundamental macroeconomic concepts, problems and policy instruments
in the context of Ethiopia.
Course contents
Chapter 1: Introduction
Chapter Two: Theory of Demand and Supply
Chapter Three: Theory of Consumers‘ Behaviour
Chapter Four: The Theory of Production and Costs
Chapter Five: Market structure
Chapter Six: Fundamentals of macroeconomics (with stylized facts from Ethiopia)
Teaching methods
• Lecture
• Brain-storming sessions
• Group discussions
• Individual and group assignments
Assessment
• Attendance (5%)
• Assignment (individual and/or group) 20%
• Tests/ quizzes 30%
• Final Exam 50%
References
1. A. Koutsoyiannis, Modern Microeconomics
2. D.N.Dwivedi, 1997, Micro Economic Theory, 3rd edition., Vikas Publishing
3. R.S. Pindyck& D.L. Rubinfeld, Microeconomics.
4. Hal R. Varian, Intermediate Microeconomics: A Modern Approach, 6th edition.
5. C.L.Cole, Micro Economics: A Contemporary Approach.
6. Ferguson & Gould‘s, 1989, Microeconomic Theory, 6th edition.
7. N. Gregory Mankiw, 2007, Macroeconomics, 4th edition.

40
8. P. Aghion and P. Howitt ,2009, The Economics of Growth, The MIT Press.
9. A. B. Abel and B.S. Bernanke, 2017, Macroeconomics, 9th edition, Pearson.
10. Ayele Kuris, Introduction to Economics, 2001.
11. Begg, Fisher &Dornbusch, 2005, Macroeconomics, 8th Ed.
12. Liberman, Marc and Hill, Robert E, 2005, Introduction to Economics 2 nd Ed.

14. Course Title: Entrepreneurship

Course code: MGMT 1012
Credit hours: 3
Semester: 2
Course description
This interdisciplinary course is designed to introduce students the meaning and concept of
entrepreneurship, creativity, innovation and their manageable processes that can be applied across
careers and work settings. It focuses on building entrepreneurial attitude and behavior that will
lead to creative solution within community and organizational environments. The Course topics
include the history of entrepreneurship, the role of entrepreneurs in the globalized economy and
the identification of entrepreneurial opportunities. The development of a business ideas, products
and services, marketing and developing new ventures, the examination of feasibility studies and
the social and ethical implications of entrepreneurship are incorporated. Besides, issues related to
starting and financing a new venture are included. Finally, managing growth, transition and
sustainability of the venture are considered. And forms of business organizations, legal and
regulatory frameworks of governing the whole system are also encompassed in the course
syllabus.
Course objectives
Upon the completion of this course, students will be able to:
• Define entrepreneurship within the context of society
• Identify business opportunities
• Prepare business plan
• Distinguish forms of business ownership
• Comprehend intellectual property rights in business practices
• Define basic marketing concepts
• Formulate context-based marketing strategies
• Identify and evaluate sources of financing new ventures
• Manage business growth and transition
• Practice ethical business with all stakeholders
Course contents
Chapter 1: Definition and philosophy of Entrepreneurship Vs Entrepreneurs
Chapter 2: Business Planning
Chapter 3: Business Formation
Chapter 4: Product or Services Development
Chapter 5: Marketing
Chapter 6: Financing the new venture
Chapter 7: Managing Growth and Transition

Teaching methods
• Lecture,
• group discussion and reflection ,

41
 • Discussion with Real World Entrepreneurs
Assessment
• Attendance 5%
• Tests and quizzes 15%
• Individual Assignment 10%
• Business Plan Preparation 15%
• Presentation 5%
• Final Exam 50%

References
Hirsh RobertD. and D. and Peters MichaelP. ―Entrepreneurship‖ Fifth Edition, Tata McGraw Hill Edition,
2002.
Justin G. Longenecker and Carlos W. Moore, Small Business Management 12th edition, College
Division South Western Publishing Co. Dallas, 2003
Holt David H. ―Entrepreneurship – New venture Creation ―Eastern Economy Edition, 2000.
DonaldF.Kutatko and RichardM. Hodgetts, ―Entrepreneurship: A Cotemporary Approach‖ Fourth
Edition.
HailayGebretinsae, Entrepreneurship and Small Business Management, 2nd Edition. approach ―.
Fourth Edition, the Dryden Press, 1998.

42
B. Major Courses

Course No. ACFN 201

Course Title Fundamentals of Accounting I
ETCTS Credits 6
Contact Hours (per 4
week)
The course has the general objective of introducing students to the
basics of accounting and reporting of financial activities of business
Course Objectives & organizations as per International Financial Reporting Standards.
Competences to be Upon the successful completion of this course, the students will be
Acquired expected to:
• Understand the role of Accounting in business and develop an
awareness of the accounting profession
• Understand the purpose of the financial accounting function and
standard financial accounting practices
• Summarize and apply basic financial accounting terms, concepts,
and principles.
• Define and apply accounting terminology, concepts, and
principles in analyzing, recording, and reporting basic business
transactions
• Take a series of transactions through the accounting cycle
• Analyze, record, and report transactions for service,
merchandising, and manufacturing businesses.
• Prepare financial statements
• Analyze accounting system design and control
• Apply accounting principles and control of cash and receivables
Course Description This course is designed to provide introductory knowledge of
accounting principles, concepts, and practices as per International
Financial Reporting Standards. The course deals with the processes
involved in financial statements preparation for service-giving
businesses, merchandising businesses, and manufacturing businesses.
Topics covered includes the features of accounting information, users
of accounting information, nature of financial statements, the double
entry system, financial statements preparation process including
journals, ledgers, trial balance, adjustments, worksheets, accruals,
adjusting and closing entries, and the accounting system. This course
provides a foundation for more advanced work in the fields of
Accounting and business. All topics are studied in accordance with
the provisions of International Financial Reporting Standards (IFRS).
• Industry Visit to know how transactions are recorded and
reported by different types of firms

43
WEEKS Course Contents

1. Introduction to Accounting and Business

2WEEKS 1.1. The nature of a business
{1ST&2ND } 1.2. Types of business organizations in Ethiopia
1.3. The role of accounting in business
1.4. The profession of Accounting
1.5. Overview of International Financial
Reporting Standards (IFRS)
1.6. Overview of financial reporting
requirements in Ethiopia and AABE
1.7. The accounting equation and elements of
the equation
1.8. Business transactions and financial
statements
2. Accounting cycle for service-giving business
4 WEEKS 2.1. Characteristics of an account
{3RD ,4TH 2.2. Classification of accounts
,5TH&6TH } 2.3. Chart of accounts
2.4. Rules of debit and credit
2.5. Normal balances of accounts
2.6. Analyzing and recording transactions
2.7. Preparing a trial balance
2.8. The usefulness and limitations of a trial
balance
2.9. The adjusting process-accrual vs. cash basis
of accounting
2.10. Preparing a worksheet
2.11. Preparing financial statements from a
worksheet
2.12. Adjusting and closing entries
2.13. Post-closing trial balance
3. Accounting cycle for merchandising business
2 WEEKS 3.1. Characteristics of merchandising business
{7TH&8TH } 3.2. Accounting for purchases of merchandises
3.3. Accounting for sales of merchandises
3.4. Merchandise transactions using perpetual
and periodic inventory systems
3.5. Chart of accounts for a merchandising
business
3.6. Financial statements for a merchandising
business
3.7. Adjusting and closing entries for a
merchandising business

44
 4. Accounting Systems
4.1. Manual and computerized Accounting
2 WEEKS systems and Enterprise Resource Planning
{11TH&12TH } 4.2. Subsidiary ledgers and controlling accounts
4.3. Special journals and vouchers

5. Cash and Receivables

4 WEEKS 5.1. Internal control over cash
{13TH,14TH 5.2. Bank reconciliation
,15TH&16TH } 5.3. Petty cash and change funds
5.4. Classifications of receivables
5.5. Internal control of receivables
5.6. Accounting for uncollectible accounts
5.7. Accounting for notes receivable
5.8. Presentation of cash and receivables on the
statement of financial position

Assessment/Evaluati The evaluation scheme will be as follows:

on Component Weight Coverage
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3
Assignment 1 5% Chapter 1 &2
Assignment 2 5% Chapter 3 & 4
Quiz 1 5%
Quiz 2 5%
Final Exam 50% All chapters
Work load in hours

Hours Required
Asses Self- Assig Adv Tota ECT
sment Tuto Studie nmen isin l Hrs S
Lectures Lab s rials s t g
64 - 22 12 64 - - 162 6
Text Book:
Text and reference • Kieso, D. E., Weygandt, J. J., & Warfield, T. W.
books (2016). Financial Accounting, IFRS Edition, New
York: John Willey & Sons.
• Commercial Code of Ethiopia

45
Course Number ACFN202
Course Title Fundamentals of Accounting II
ETCTS 6
Credits Hours 4
The course has the general objective of introducing students to the accounting
basics of recognizing, measuring, and reporting common balance sheet items.
Course Upon the successful completion of this course, the students will be expected
Objectives & to:
Competences to • Analyze and record payroll transactions in Ethiopian context.
be Acquired • Utilize and identify the implication of the various methods of valuation in
respect to accounts and notes receivable, inventories, depreciation,
tangible and intangible assets, and natural resources.
• Analyze, record and report transactions for businesses organized as
partnerships, private limited companies, and share companies
Course This course is a continuation of Principles of Accounting I. The course is
Description designed to introduce students to the application of accounting principles and
concepts to major balance sheet items. The specific topics includes internal
control over cash, accounting for receivables, accounting for inventories,
accounting for current liabilities, accounting for plant asset, natural resources
and intangibles and accounting for businesses organized as partnerships and
companies as per Ethiopian Commercial Code.

WEEKS Course Contents Readin

g
3 WEEKS 1. Inventories
{1ST,2ND&3R 1.1.Nature and definition of inventories
D}
1.2.Internal control of inventories
1.3.The effect of inventory errors on the financial statements
1.4.Inventory cost flow assumptions
1.5.Inventory costing methods under a perpetual and periodic
inventory system
1.6.Valuation of inventory at other than cost (LCNRV)
1.7.Estimating inventory costs ( using Gross profit method and
retail inventory method)
1.8.Presentation of merchandise inventory in the financial
statements
3 WEEKS 2. PPE , Intangible Assets and Natural resources
{ 4TH ,5TH& 2.1.PPE
6TH } i. Nature of PPE
ii. Cost of PPE(Measurement at the time of recognition)
iii. Measurement after recognition
a. Depreciation of PPE
b. Capital expenditures and revenue expenditures
iv. Disposal(DE recognition) of PPE
v. Internal controls of plant assets
46
 vi. Presentation of PPE on the balance sheet
2.2.Intangible Assets
i. Nature and classification of Intangible assets
ii. Recognition and measurement at the time of
acquisition.
iii. Measurement after acquisition.
iv. Presentation of intangible assets on the balance sheet
2.3.Natural resources
i. Nature of natural recourses
ii. Recognition and measurement
iii. Presentation of natural resources on the balance
sheet
1 WEEK 3. Current Liabilities
{ 7TH} 3.1.The nature of liabilities
3.2.Classification of liabilities
3.3.Types of current liabilities
3.4.Short-term notes payable
3.5.Presentation of current liabilities on the balance sheet
2 WEEK 4. Ethiopian Payroll System
{ 8THand 4.1.Overview of Ethiopian labor laws
TH
9 } 4.2.Overview of Ethiopian pension laws
4.3.Overview of Ethiopian employment income tax
4.4.Salary, allowances, and fringe benefits
4.5.Overtime payments
4.6.Types of leaves and termination benefits
4.7.Components of payroll sheet
4.8.Payroll-related journal entries
2 WEEKS 5. Accounting for Companies in Ethiopia
{10TH&11TH 5.1.Type and basic characteristics of companies in Ethiopia
} 5.2.PLCs
5.2.1. Formation of PLC
5.2.2. Management of PLC
5.2.3. Meeting
5.2.4. Reserve requirements
5.2.5. Dividends
5.2.6. Dissolution
5.2.7. Reporting shareholders‘ equity on the statement of
financial position
5.3.Share company in Ethiopia
5.3.1. Formation of share companies in Ethiopia
5.3.2. Classes of shares (Ethiopia vs. USA)
5.3.3. Issuing shares (Ethiopia vs. USA)
5.3.4. Types of shareholders‘ meetings
5.3.5. Treasury shares transactions (Ethiopia vs. USA)
5.3.6. Accounting for dividends (Ethiopia vs. USA)
5.3.7. Reserve requirements
5.3.8. Earnings per ordinary share(IAS 33)

47
 5.4 Reporting shareholders‘ equity on the statement of financial
position (Ethiopia Vs USA)

3 WEEKS 6. Accounting for Partnerships in Ethiopia

{12TH, 13TH, 6.1.Type and basic characteristics of partnership
14TH } 6.2.Formation of partnerships
6.3.Equity reporting for partnerships
6.4.Dividing partnership net income and net loss
6.5.Admission of new partners
6.6.Withdrawal or death of partners
6.6.1. Liquidating partnerships
2 WEEKS 7. Public enterprises in Ethiopia
{15TH, 16TH } 7.1.Characteristics of public enterprises
7.2.Overview of proclamations pertinent to public enterprises
7.3. Organization, operation, and liquidation of public enterprises
7.4. Privatization of public enterprises

Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given
at the end of each chapter for submission within a week. Solution to
the assignments will be given once assignments are collected. Cases
with local relevance will also be given for each chapter for group of
students to present in a class room. The full and active participation of
students is highly encouraged.

Assessment/Evaluation The evaluation scheme will be as follows:

Component Weight coverage
Attendance & class PP 5% 80% of class
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3 &4
Individual 15% Chapter 5&6
Assignment
Final Exam 50% All chapters
Text Book:
Text and reference • Kieso, D. E., Weygandt, J. J., & Warfield, T. W. (2016). Financial
books Accounting, IFRS Edition, New York: John Willey & Sons.
• Commercial Code of Ethiopia

48
Course Number ACFN 231
Course Title Intermediate Financial Accounting I
ECTS 5
Credit Hours 3
The objective of the course is to ensure that students have developed a
thorough knowledge and understanding of accounting principles and
Course Objectives & concepts and can apply this grounding to the situations that they will
Competences to be typically encounter in practical work situations.
Acquired On completion of this module students should be able to:
• Explain the IASB‘s conceptual framework underlying financial
reporting;
• Demonstrate an awareness of the substance of and the standard-
setting process for international accounting standards;
• Perform the accounting functions of analyzing, recording and
reporting as accomplished by the accounting cycle and the
preparation of the primary financial statements
• Apply professional judgment in analyzing accounting issues and
recommending accounting policies;
• Demonstrate the recognition, measurement, and reporting of cash
and receivables;
• Explain incentives and ethical issues underlying accounting policy
decision
Course Description This course presupposes that the students are equipped with knowledge
of basic accounting principles. In this course, emphasis is made on
accounting theory of financial statements, recognition criteria,
measurement, also reporting requirements of the elements of financial
statements are covered. Treatment of current assets, namely, cash,
receivables, and inventories form the central objective of this course.
WEEKS Course Contents
1. Development of Accounting Principles and
2WEEKS Professional Practices
{1ST&2ND } 1.1 The environment of financial accounting
1.2 Financial reporting requirements in Ethiopia
1.3 The IASB and its governance structure
1.4 List of IASB pronouncements
1.5 The IASB‘s conceptual framework for financial
reporting
1.5.1 Objectives of financial reporting
1.5.2 Qualitative characteristics of financial
reports
1.5.3 Elements of financial statements
1.5.4 Recognition, measurement, and disclosure
concepts
1.6 IFRS-based Financial Statements (IAS 1)

49
 2. Fair value measurement and Impairment
2 WEEKS 2.1. Fair value measurement
{3RD&4TH } 2.1.1. Definition
2.1.2. Measurement of fair value
2.1.3. Fair value at initial recognition
2.1.4. Valuation methods
2.1.5. Fair value hierarchy
2.1.6. Disclosure
2.2. Impairment
2.2.1. Definition
2.2.2. Measurement of impairment
2.2.3. Reversal of impairment
2.2.4. Disclosure
3. Cash and Receivables
2 WEEKS 3.1 Cash and internal control
{5TH&6TH} 3.2 Types of main bank accounts
3.3 Bank reconciliation
3.4 Reporting of Cash and disclosure requirements
3.5 Recognition and valuation of accounts
receivable
3.6 Recognition and valuation of notes receivable
3.7 De- recognition of receivables
3.8 Reporting of receivables and disclosure
requirements
4. Inventories
4.1 Nature and classification of inventory
2 WEEKS 4.2 Physical goods and costs included in inventory
{7TH& 8TH} 4.3 Valuation of inventories: A cost-basis approach
4.4 Special inventory valuation methods
4.4.1. Lower-of-cost-or-net realizable value
(LCNRV) method
4.4.2. Gross profit method
4.4.3. Retail-inventory method
5. Property, Plant, and Equipment
3 WEEKS 5.1. Acquisition and Disposition of Property,
{9TH, Plant, and Equipment
10TH&11TH } 5.1.1. Characteristics of property,
plant, and equipment
5.1.2. Acquisition & valuation of
property, plant and equipment
5.1.3. Costs subsequent to
acquisition
5.1.4. Disposition of property, plant
and equipment
5.2. Depreciation, Impairments, and
Revaluations

50
2 WEEKS 6. Investment property
{12TH & 13TH} 6.1. Nature of Investment property
6.2. Initial recognition and measurement of
investment property
6.3. Subsequent measurement of investment
property
6.4. Presentation and disclosure
requirements
1 WEEK 7. Non-current Assets Held for Sale, and
{14TH } Discontinued Operations
7.1 Nature of NCAHFS and discontinued
operations
7.2 Initial recognition and measurement of
NCAHFS
7.3 Subsequent measurement of NCAHFS
7.4 Presentation and disclosure requirements
7.5 Measurement, presentation and disclosure of
discontinued operations
2 WEEKS 8. Intangible assets
{15TH & 16TH} 8.1.Characteristics and classifications
8.2. Valuation and amortization
8.3. Impairments
8.4. Research and development costs
8.5. Website costs
Assessment/Evaluatio The evaluation scheme will be as follows:
n Component Weight coverage
Attendance & class PP 5% 80% of class
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3 &4
Individual Assignment 15% Chapter 7&8
Final Exam 50% All chapters
Text Book:
Text and reference • Kieso, D. E., Weygandt, J. J., & Warfield, T. W.
books (2016). Intermediate Accounting, IFRS Edition,
New York: John Willey & Sons.
Reference Books:
• Commercial Code of Ethiopia
• Ernst & Young LLP (2016), International GAAP,
John Wiley & Sons Ltd.
• www.ifrs.org
• IFRS Blue Book

51
Course Number ACFN 232
Course Title Intermediate Financial Accounting II
ECTS 5
Credit Hours 3
This course is the continuation of Intermediate Financial Accounting I.
Upon completion of this course, students will be able to:
Course Objectives & • Explain the recognition, valuation and disposition of plant, property
Competences to be and equipment;
Acquired • Describe the nature of current liabilities, provisions, and
contingencies and their respective accounting and reporting
treatments;
• Explain the recognition and valuation of intangible assets;
• Discuss the nature, valuation, recognition and presentation of
investments in financial assets;
• Discuss the accounting and reporting for transactions related to the
components of shareholders‘ equity;
• Discuss the nature and accounting treatment of leases and pensions;
• Demonstrate the ability to apply disclosure requirements pertaining
to the financial statement items covered in this course; and
• Demonstrate the ability to exercise professional and ethical judgment
in the application of the proper accounting and reporting methods.
Course Description This course is the continuation of Intermediate Financial Accounting I. It
is one of the core accounting courses offered by the department. Like the
first part, it basically deals with the application of financial accounting
theory for business organizations. It also tries to introduce students with
the financial accounting applications in the Ethiopian business
environment. The course includes topics, namely, plant, property, and
equipment; Intangible assets; investments; current and non-current
liabilities; leases; statement of cash flows; and pension.
WEEKS Course Contents

1. Current Liabilities, Provisions, and

2WEEKS Contingencies
{1ST&2ND } 1.1. Nature and types of current liabilities
1.2.Recognition and measurement of provisions
1.3.Contingencies
1.4. Presentation of current liabilities
2. Non-Current Liabilities
2 WEEKS 2.1. Nature and classifications of non-current
{3RD& 4TH } liabilities
2.2. Recognition and valuation of bonds
2.3. Extinguishments

52
 3. Investments
3 WEEKS 3.1. Nature and classification of investments
{5TH, 6TH& 7TH} 3.2. Accounting for debt investments
3.3. Accounting for equity investments
3.4. Impairment of value
3.5. Transfer between categories
4. Leases
7.1 The leasing environment
1 WEEK 7.2 Classifications of lease
{8TH } 7.3 Overview of Ethiopian lease business law
7.4 Accounting by the lessee
7.5 Accounting by the lessor
7.6 Special accounting problems
5. Deferred Taxation
2 WEEKS 5.1. Accounting income versus taxable
{9TH&10TH } income
5.2. Recap of temporary versus permanent
differences
5.3. Deferred tax liabilities versus deferred
tax assets
5.4. Tax losses carried forward
5.5. Disclosures
2 WEEKS 6. Revenue recognition
{11TH &12TH} 6.1. Revenue recognition framework
6.2. Long-term construction contracts
6.2.1. Overview of Ethiopian
construction sector
6.2.2. Basic terminologies in
construction contracts
6.2.3. Revenue recognition
1 WEEK 7. Accounting Policies, Changes in Accounting
{13TH } Estimates and Errors
7.1. Treatment of changes in accounting
policy
7.2. Treatment of changes in accounting
estimates
7.3. Treatment of changes in errors
2 WEEKS 8. Statement of cash flows
{14TH & 15TH} 9.1. Usefulness of the statement
9.2. Preparation of the statement
9.3. Significant non-cash financing and investing
activities
1 WEEK {16TH} 9. Agricultural accounting
9.1. Basic terminologies in agricultural
accounting
9.2. Recognition and measurement of
agricultural produces
9.3. Reporting and disclosure requirements
53
 Assessment/Evaluatio The evaluation scheme will be as follows:
n Component Weight coverage
Attendance & class PP 5% 80% of class
Test 1 15% Chapter 1 & 2
Test 2 15% Chapter 3 &4
Individual Assignment 15% Chapter 5&6
Final Exam 50% All chapters
Text Book:
Text and reference • Kieso, D. E., Weygandt, J. J., & Warfield, T. W. (2016).
books Intermediate Accounting, IFRS Edition, New York:
John Willey & Sons.
Reference books
• Commercial Code of Ethiopia
• Ernst & Young LLP (2016), International GAAP, John
Wiley & Sons Ltd.
• www.ifrs.org
• IFRS Blue Book

Course Number: ACFN 411

Course Title: AUDITING PRINCIPLE AND PRACTICES I
Credit Hour: 3 hours
ECTS: 5

I. DESCRIPTION OF THE COURSE

The emphasis of this course is on conceptual, theoretical and practical aspects of auditing financial
statements. The course is designed to develop knowledge, understanding, and practical application of core
external audit processes based on the principles of international auditing standards.

The course commences with an introduction to assurance and auditing and proceeds to the discussion of
audit profession and regulatory organizations, International Auditing Standards (ISAs), professional
ethics and legal liability issues for auditors. Next is a discussion that helps the student to recognize
statement assertions, the evaluation of the risks to which these assertions are susceptible, and the
methodology of planning to assess the degree to which these risks give rise to error or fraud in financial
information. The course also covers issues of audit evidence, audit methodology, and emphasizes
assessment of the internal control system and its impact on audit risk. The last part of the course examines
the content of an audit report and the reason for issuing varying types of reports.
• Industry visit to relate the theory with the actual practice to know how auditing theories are
applicable
II. LEARNING OUTCOMES
After studying this course, the student should be able to:
• Describe the nature of an audit and explain the economic and legal basis for auditing.
• Demonstrate ability in the use of International Auditing Standards in various audit issues.

54
 • Assess professional ethics with respect to the audit function and review the main components of
Code of Professional Conduct.
• Examine the auditor's legal liability to clients and third parties.
• Demonstrate expertise in planning and carrying out audit procedures in accordance with
International Auditing Standards and demonstrate how an auditor documents his work.
• Demonstrate how the auditor obtains an understanding of the entity and its environment and
assesses the risk of material misstatement.
• Explain how materiality and various risk assessments impact the audit program.
• Determine the audit procedure needed to audit any assertion.
• Relate management assertions to general and specific audit objectives, relate audit evidence, and
audit objectives to evidence-gathering decisions.
• Demonstrate ability in carrying out functions of internal control systems and examine the elements
of an internal control structure and their components.
• Describe the audit report and explain conditions for qualifications in the audit report.

III. COURSE CONTENTS

Chapter Topic Sub-Topic ISA Reference(s)

One The Nature, 1. Meaning Of Audit • IAASB framework
Purpose, Scope 2. Assurance Services: • ISA 200, Overall Objectives of
of Audit and Overview the Independent Auditor and the
Assurance 3. Why Audits are Conducted Conduct of an Audit in
Services 4. Types of Audit and Auditors Accordance with International
Standards on Auditing
Two The Auditing 1. The Regulatory Framework • ISA 200, Overall Objectives of
Profession Governing Auditing the Independent Auditor and the
2. International Standards on Conduct of an Audit in
Auditing (ISA) Accordance with International
3. Professional Ethics: Standards on Auditing
Fundamental Principles, • ISA 250, Consideration of Laws
Threats and Safeguards and Regulations in an Audit of
4. Legal Liability of Auditors Financial Statements
5. Rights and Duties,
Appointment, Dismissal and
Resignation of an Auditor
Three Materiality and 1. Audit Risk • ISA 320, Materiality in Planning
Risk Assessment 2. Materiality and Performing an Audit
• ISA 330, The Auditor's
Responses to Assessed Risks
Four Client 1. Client Acceptance and • ISA 210, Agreeing the Terms of
Acceptance and Continuance Audit Engagements
Planning the 2. Planning the Audit • ISA 300, Planning an Audit of
Audit 3. Appointment, Remuneration, Financial Statements
and Removal of Auditors • ISA 315, Identifying and
Assessing the Risks of Material
Misstatement through

55
 Understanding the Entity and Its
Environment
• ISA 320, Materiality in Planning
and Performing an Audit
• ISA 330, The Auditor's
Responses to Assessed Risks
• ISA 520, Analytical Procedures
• ISA 550, Related Parties
Five Audit 1. Audit Responsibility • ISA 240, The Auditor's
Responsibility, 2. Management Assertions Responsibilities Relating to
Objectives, 3. Audit Objectives Fraud in an Audit of Financial
Evidence and 4. Audit Evidence Statements
Recording the 5. Audit Documentation • ISA 250, Consideration of Laws
Audit and Regulations in an Audit of
Financial Statements
• ISA 260, Communication with
Those Charged with Governance
• ISA 265, Communicating
Deficiencies in Internal Control
to Those Charged with
Governance and Management
• ISA 230, Audit Documentation
• ISA 500, Audit Evidence
• ISA 501, Audit Evidence-
Specific Considerations for
Selected Items
• ISA 505, External Confirmations
Six Internal Control 1. Meaning and Objectives • ISA 260, Communication with
2. The Basic Elements Those Charged with Governance
3. Recording Internal Control • ISA 265, Communicating
System Deficiencies in Internal Control
4. Internal Control and External to Those Charged with
Auditor Governance and Management
5. Internal Control and Internal • ISA 315, Identifying and
Auditor Assessing the Risks of Material
6. Inherent Limitations Misstatement through
Understanding the Entity and Its
Environment
Seven Audit Reports 1. Types of Audit Reports • ISA 700, Forming an Opinion and
2. Basic Contents of a Standard Reporting on Financial
Audit Report Statements
3. Audit Opinion • ISA 705, Modifications to the
Opinion in the Independent
Auditor's Report
• ISA 706, Emphasis of Matter
Paragraphs and Other Matter

56
 Paragraphs in the Independent
Auditor's Report
• ISA 710, Comparative
Information-Corresponding
Figures and Comparative
Financial Statements
• ISA 720, The Auditor's
Responsibilities Relating to Other
Information in Documents
Containing Audited Financial
Statements

IV. TEACHING STRATEGY/ METHODS:

At university, the focus is the student‘s self-directed search for knowledge. Lectures, discussions,
homework, reading assignment, textbooks, lecture notes, and other resources are all provided to
help students learn. Interactive lecture and class discussion are an integral part of the instructional
program. Students are therefore required to attend all lectures and read all required readings in
order to fully grasp and appreciate the concepts of auditing.
A) Lectures
The purpose of lectures is to introduce and explain concepts that are critical to the core themes of
the course. Further, lectures are aimed at providing students with the understanding of the audit
process and provide guidance for each stage within the process. Lecture notes should be provided
on prior to the lectures. It should be self-explanatory what chapters of the textbook are relevant.
In order to maximize the benefits of attending lectures, students are expected/ encouraged to read
the relevant study materials (i.e. specified chapters or pages in the textbook, auditing standards,
etc) thoroughly before attending lectures.
B) Discussion Assignments
Discussion assignments will be discussed in class. Students are expected to be prepared to discuss
the assignment in class.
C) Homework and Assigned Reading
Chapter reading assignments and homework are extremely important to student learning. It is the
students‘ responsibility to read the information and complete the homework prior to the class
covering that topic. The instructor collect homework and review solutions to ensure that students
are keeping up and to help him /her identify areas where the student might be having difficulty.
V. THE INSTRUCTIONAL TECHNOLOGY TO BE USED
The instructional technology employed to deliver this course includes LCD projector, Laptop,
audit software (eg. ACL, IDEA), textbook, marker, lecture note handouts, cases, etc

VI. ASSESSMENT CRITERIA

Evaluation consists of graded homework, quizzes, final examination, discussions, and a group
project.
Attendance & Participation 5%
Homework /Assignment 15%
Tests 30%
Final Exam 50%
Total 100%

57
 VII. COURSE REQUIREMENTS
It is essential to have a basic understanding of accounting systems and the recording of transactions
in order to understand the audit of general-purpose financial statements. If students do not
understand how the accounting systems of entities work and how a set of financial statements is
produced, then it is very difficult to understand the fundamental auditing concepts.
It is essential that students prepared to take this course would have a good understanding of the
basic concepts of financial accounting & reporting, cost and management accounting and financial
management. Additionally, it is assumed that candidates would have a basic understanding of
International Financial Reporting Standards (IFRSs). Thus, the relevant courses focusing on these
concepts shall be set as a prerequisite to register/take this course.

TEXT

• Arens, Elder and Beasley, Auditing and Assurance Service, Global Edition, 16th Edition, 2016
REFERENCE BOOKS

• Hayes R., Wallage P., and Gortemake H., Principles of Auditing: An Introduction to International
Standards on Auditing, 3rd Edition, 2014
• 2012 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related
Services Pronouncements (the handbook).
• Leung P., Coram P., et. all., Modern Auditing and Assurance Services, 6th Edition, Wiley 2015
• Messier. Glover, Prawitt, Auditing & Assurance Services, 9th Edition, with ACL software
McGraw-Hill ISBN: 978 125 9162343Louwers, T., Ramsay, (2012). Auditing & Assurance
Services (5th ed.). Boston, MA: McGraw‐Hill.
• R. Whittington and K. Pany; Principles of Auditing & Other Assurance Services 19th Edition,
McGraw-Hill Irwin 2014
• Timothy Louwers, Robert Ramsey, et. al., Auditing and Assurance Services (3rd ed.). Irwin
McGraw-Hill, 2008 (ISNB: 0-07-337936-0).
• Slides, lecture note hand outand other materials provided in class

Course Number: ACFN 412

Course Title: AUDITING PRINCIPLE AND PRACTICES II
Credit Hour: 3 hours
ECTS: 5

DESCRIPTION OF THE COURSE

Course II builds on the knowledge base from audit principles learned in Course I with an emphasis on the
implementation and application of International Auditing Standards (ISAs), and the practical application
of the standards, within the context of accounting transaction cycles. The course is designed to provide
students with an in-depth understanding of professional standards; the audit process, and the auditor‘s role
in ensuring that publically issued financial statements are fairly presented. The Course includes the study
of sampling techniques used in tests of controls and in substantive tests of transactions and account
balances. The last chapter of the course provides an overview of advanced topics concerning complex
auditing judgments, and the use of audit software tools and application of test data methods.
LEARNING OUTCOMES
After studying this course, the student should be able to:
58
 • Explain why auditors use sampling and apply audit-sampling techniques for evidence acquisition
and evaluation.
• Identify and assess risks of material misstatement at both the assertion and overall financial
statement levels and respond to identified risks by designing and implementing tests of controls
& substantive tests for a variety of financial statement elements
• Apply the concepts of audit planning, risk assessment, and obtaining an understanding of the
internal control structure to the sales and collection cycle, the acquisition and payments cycle, the
human resources and payroll cycle, the inventory and distribution cycle and the capital acquisition
and repayment cycles.
• Complete the audit and describe the procedures required for completing the audit, including
reviews for contingent liabilities and subsequent events.
• Recognize the major effects of computerization of accounting systems on a company's operations
and on the audit approach and explain the use of computer-assisted audit techniques (CAAT)

COURSE CONTENTS

Chapter Topic Sub-Topic ISA Reference(s)

One Testing and Audit 1. Audit Sampling Concepts • ISA 530, Audit
Sampling 2. Sampling for Tests of Controls Sampling
3. Sampling for Substantive Tests
Two Audit of the Sales 1. Overview of the cycle • ISA 315, Identifying and
and Collection 2. Key Internal Control Assessing the Risks of
Cycle 3. Tests of Controls & Substantive Material Misstatement
Tests of Transactions through Understanding
4. Tests of Details of Balances the Entity and Its
Environment
• ISA 330, The Auditor's
Responses to Assessed
Risks
Three Audit of Payroll 1. Overview of the cycle • ISA 315, Identifying and
and Personnel 2. Key Internal Control Assessing the Risks of
cycle 3. Tests of Controls & Substantive Material Misstatement
Tests of Transactions through Understanding
4. Tests of Details of Balances the Entity and Its
Environment
• ISA 330, The Auditor's
Responses to Assessed
Risks
Four Audit of 1. Overview of the cycle • ISA 315, Identifying and
Acquisition and 2. Key Internal Control Assessing the Risks of
Payment Cycle 3. Tests of Controls & Substantive Material Misstatement
Tests of Transactions through Understanding
4. Tests of Details of Balances of the Entity and Its
Accounts payable Environment
5. Tests of Details of Property, • ISA 330, The Auditor's
Plant and Equipment Responses to Assessed
Risks

59
 6. Tests of Details of Other
accounts
Five Audit of Inventory 1. Nature of inventory • ISA 315, Identifying and
and Warehouse 2. Control activities and Tests of Assessing the Risks of
Cycle Controls Material Misstatement
3. Auditing Cost accounting through Understanding
4. Observing physical inventory the Entity and Its
5. Tests of pricing and compilation Environment
• ISA 330, The Auditor's
Responses to Assessed
Risks
• ISA 501, Audit
Evidence-Specific
Considerations for
Selected Items
Six Audit of the 1. Overview of the cycle • ISA 315, Identifying and
Capital and 2. Key Internal Control Assessing the Risks of
Repayment Cycle 3. Auditing Long-term debt Material Misstatement
4. Auditing Capital stock through Understanding
5. Auditing Dividends the Entity and Its
6. Auditing Retained Earnings Environment
• ISA 330, The Auditor's
Responses to Assessed
Risks
Seven Audit of Cash 1. Cash in the Bank and transaction • ISA 315, Identifying and
Balances Cycles Assessing the Risks of
2. Audit of the General Cash Material Misstatement
Account through Understanding
3. Audit of Imprest Bank account the Entity and Its
and Petty Cash Environment
• ISA 330, The Auditor's
Responses to Assessed
Risks
Eight Completing the 1. Review of Contingent Liabilities • ISA 450, Evaluation of
Audit and Commitments Misstatements Identified
2. Review of Subsequent Events during the Audit
3. Communication with the Audit • ISA 501, Audit
Committee and Management Evidence-Specific
4. Management Letter Considerations for
Selected Items
• ISA 560, Subsequent
Events
• ISA 570, Going Concern
• ISA 580, Written
Representations
Nine Auditing 1. Impact of Information
Computerized Technology on the Audit Process
60
 Accounting 2. Controls in a computerized
Systems: An environment
Overview 3. Computer assisted techniques
(CAATS) in gathering audit
evidence

TEACHING STRATEGY/ METHODS:

At university, the focus is the student‘s self-directed search for knowledge. Lectures, discussions,
homework, reading assignment, textbooks, lecture notes, and other resources are all provided to help
students learn. Interactive lecture and class discussion are an integral part of the instructional program.
Students are therefore required to attend all lectures and read all required readings in order to fully grasp
and appreciate the concepts of auditing.
a) Lectures
The purpose of lectures is to introduce and explain concepts that are critical to the core themes of
the course. Further, lectures are aimed at providing students with the understanding of the audit
process and provide guidance for each stage within the process. Lecture notes should be provided
on prior to the lectures. It should be self-explanatory what chapters of the textbook are relevant.
In order to maximize the benefits of attending lectures, students are expected/ encouraged to read
the relevant study materials (i.e. specified chapters or pages in the textbook, auditing standards,
etc) thoroughly before attending lectures.

b) Discussion Assignments
Discussion assignments will be discussed in class. Students are expected to be prepared to discuss
the assignment in class.
c) Homework and Assigned Reading
Chapter reading assignments and homework are extremely important to student learning. It is the
students‘ responsibility to read the information and complete the homework prior to the class
covering that topic. The instructor collect homework and review solutions to ensure that students
are keeping up and to help him /her identify areas where the student might be having difficulty.
THE INSTRUCTIONAL TECHNOLOGY TO BE USED
The instructional technology employed to deliver this course includes LCD projector, Laptop,
audit software (eg. ACL, IDEA), textbook, marker, lecture note handouts, cases, etc
ASSESSMENT CRITERIA
Evaluation consists of graded homework, quizzes, final examination, discussions, and a group project.
Attendance & Participation 5%
Homework /Assignment15%
Tests 30%
Final Exam 50%
Total 100%

VIII. COURSE REQUIREMENTS

It is essential to have a basic understanding of accounting systems and the recording of transactions in
order to understand the audit of general-purpose financial statements. If students do not understand how
the accounting systems of entities work and how a set of financial statements is produced, then it is very
difficult to understand the fundamental auditing concepts. It is essential that students prepared to take
this course would have a good understanding of the basic concepts of financial accounting & reporting,
cost and management accounting and financial management. Additionally, it is assumed that candidates
61
would have a basic understanding of International Financial Reporting Standards (IFRSs). Thus, the
relevant courses focusing on these concepts shall be set as a prerequisite to register/take this course.
Text books
Arens, Elder and Beasley, Auditing and Assurance Service, Global Edition, 16th Edition, 2016
Reference Materials
• Hayes R., Wallage P., and Gortemake H., Principles of Auditing: An Introduction to International
Standards on Auditing, 3rd Edition, 2014
• 2012 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related
Services Pronouncements (the handbook).
• Leung P., Coram P., et. all., Modern Auditing and Assurance Services, 6th Edition, Wiley 2015
• Messier. Glover, Prawitt, Auditing & Assurance Services, 9th Edition, with ACL software
McGraw-Hill ISBN: 978 125 9162343Louwers, T., Ramsay, (2012). Auditing & Assurance
Services (5th ed.). Boston, MA: McGraw‐Hill.
• R. Whittington and K. Pany; Principles of Auditing & Other Assurance Services 19th Edition,
McGraw-Hill Irwin 2014
• Timothy Louwers, Robert Ramsey, et. al., Auditing and Assurance Services (3rd ed.). Irwin
McGraw-Hill, 2008 (ISNB: 0-07-337936-0).
• Slides, lecture note hand out and other materials provided in class

Course Number: ACFN 211

Course Title: Cost and Management Accounting I
Credit Hour; 3 Hrs.
ECTS: 5
Course Description:
Cost and management accounting I course concerns with fundamental cost concepts, behavior, and
analysis and the use of cost information to develop superior decision making process and outputs. This
course introduces the production, communication, and the use of accounting information within the
context of business activities.
• Industry Visit to relate the theory with the actual product costing practices
Learning Outcomes
After completion of the course student will be able to :
• Differentiate between management accounting, cost accounting and financial accounting.
• Identify the roles of cost accounting as part of management information system
• Understand the different ways of classifying costs
• Determine cost of material , labor and overheads
• Differentiate costing methods i.e job order , batch , contract costing methods
• Know the characteristicsand implementation of process costing methods
• Choose appropriate cost allocation basis for indirect costs
• Understand activity based costing and management
Chapter 1: Overview of Cost and Management Accounting
1.1 Objectives of Cost & Management Accounting
1.2 Cost and management accounting in comparison with financial accounting: their purposes, the
role of cost accounting as part of a management information system, and the need for both
financial as well as non-financial information
1.3 Cost classification concepts and terms, such as:
Direct and indirect costs,
62
 Fixed and variable costs,
Period and product costs,
Controllable and uncontrollable costs,
Avoidable and unavoidable costs,
―Sunk‖ costs,
Budgeted, standard and actual costs and their comparisons and analyses
1.4 The use of linear, curvilinear and step functions and how their calculations are used to analyze
cost behavior
1.5 The concepts of cost units, cost centers and profit centers
Chapter 2: Cost determination: The costing of resource inputs
2.1 Materials
Accounting for stock (inventory)movements
Determination of optimum purchase quantities
Identification of accounting for stock losses
2.2 Labor
The difference between direct and indirect labor
Types of labor remuneration methods
2.3 Overheads
Overhead cost analyses
The apportionment and absorption of overhead costs, including allocation of service
department costs.
Accounting for the over- and under absorption of costs
IAS 2 inventories on Overhead allocations
2.4 Recording of costs and schedule of costs of products.
Chapter 3: Costing methods: The costing of resource outputs
3.1 Job order, batch and contract costing methods
Characteristics of each method
Accounting for direct and indirect costs, including the treatment of waste, scrap, spoilage and
re work costs,
Chapter 4: The Process and Operation or service costing methods:
Characteristics of the process costing method,
Identification and use of appropriate cost units,
Valuation of process transfers and work in-process using equivalent units of production and
based on FIFO and average costing methods,
Accounting for normal and abnormal losses and gains, joint and by-products
Scope of operation or service costing,
Identification of appropriate cost units,
Considerations relating to the collection ,classification and ascertainment of costs
Chapter 5: Cost Allocation
5.1 Explain the notions of ‗overhead costs‘, ‗indirect costs‘, ‗direct costs‘, ‗traceable costs‘ and
‗allocated costs‘.
5.2 Explain how accountants choose to create ‗cost centers‘ or ‗cost pools‘ in which to gather
together cost data.
5.3 Explain why and how costs may be allocated from one cost pool or centre to another.
5.4 Support department cost allocation
5.5 Joint and By-products
5.6 Common cost allocation
63
Chapter 6: Activity-Based Costing and Management
6.1 Activity-based costing; use of cost drivers and activities
6.2 Activity Based Costing for Customer Profitability
6.3 Activity Based Management
ASSESSMENT CRITERIA
Evaluation consists of graded homework, quizzes, final examination, discussions, and a group project.
Attendance & Participation 5%
Homework /Assignment 15%
Tests 30%
Final Exam 50%
Total 100%
Text book
Charles T Horngren, Cost Accounting: A Managerial Emphasis, 9th Edition, Prentice Hall In
Reference books
• Horngren, Datar&Rajan. Cost Accounting: A Managerial Emphasis, th 14 Ed. 2012
• Garison. Noreen and Brewer, Managerial Accounting, 13th Ed
• Jain and Narang, Cost and Management Accounting, Kalyani Publisher, 2001 Edition
• Charles T Horngren, Cost Accounting, 8th Edition, Prentice Hall Inc.
• CharlesTHorngren, Introduction to Management Accounting Prentice Hall Inc

Course Title: Cost and Management Accounting II

Course Number: ACFN 212
Credit Hours: 3
ECTS: 5

Course Description:
• This course is concerned with studying about CVP analysis, absorption and variable costing. It
describes the use of relevant information for decision making, budgeting, planning, control and
pricing of goods and services. It also includesvariance analysis and responsibility accounting.

Learning Outcomes
After successfully completing this course, students will be able to:
• Apply managerial accounting and its objectives in a way that demonstrates a clear understanding
of ethical responsibilities.
• Analyze cost-volume-profit techniques to determine optimal managerial decisions.
• Prepare a master budget and demonstrate an understanding of the relationship between the
components.
• Perform cost variance analysis and demonstrate the use of standard costs in flexible budgeting.
• Prepare analyses of various special decisions, using relevant costing and benefits.

Chapter 1: Cost-Volume-Profit Analysis, Absorption, and Variable Costing

1.1 Absorption versus Direct Costing
1.2 The concept of profit contribution
1.3 Cost-volume-profit (CVP) analysis: understanding the concepts of break-even and margin of
safety
1.4 Cost Volume Profit Analysis under Absorption Costing
Chapter 2: Relevant information and Decision Making
2.1 Relevant and irrelevant information
64
 • Explain the concept of relevant costs and relevant revenues and how this is potentially
different from the notion of fixed and variable costs.
• Explain ‗sunk costs‘ and why they are considered irrelevant to decisions.
• Explain such terms as ‗opportunity costs‘, ‗avoidable costs‘, ‗differential costs‘ and
‗incremental costs‘.
2.2 Marketing Decisions
2.3 Production Decisions
Chapter 3: Information for budgeting, planning and control purposes
3.1 Objectives and concepts of budgetary systems
Budgeting as a multi-purpose activity,
Budgeting and behavioral influences,
Quantitative aids in budgeting: learning curve theory and application; limiting factors and
linear programming,
Activity-based budgeting,
Control theory and budgeting,
Uncertainty and budgeting,
Identification of relevance, strengths and weaknesses of budgeting and budgetary control
3.2 Types of budgetary systems: fixed and flexible budgets, zero-based budgets, and incremental
,periodic and continuous budgeting, Short-term vs. long-term budgets
3.3 Monitoring and controlling performance; the calculation of variances; the determination of the
causes of variances
3.4 Master budgets
Manufacturing Businesses
Merchandising Businesses
Chapter 4: Standard Costing, Flexible Budgeting and Variance Analysis
4.1 The uses and limitations of standard costing methods
4.2 The determination of standards
4.3 Flexible budgets and variances
4.4 Identification and calculation of variances: sales variances (including quantity and mix); cost
variances (including mix and yield); absorption and marginal approaches
4.5 Identification of significant variances and their interrelationship
4.6 The uses of planning and operational variances
4.7 Trends, materiality and controllability of variances
4.8 Uncertainty and variance analysis
4.9 Identification of relevance, strengths and weaknesses of standard costing and variance analysis
for performance and control
Chapter 5: The pricing of goods and services
5.1 Target and minimum pricing.
5.2 Price /demand relationships,
5.3 The pricing of special orders and short-life products,
5.4 Pricing in service industries,
5.5 Transfer Pricing
o Transfer Pricing: General Rule for Optimal Transfer Price
o Transfer Pricing: Imperfectly Competitive Intermediate Product Markets
Chapter 6- Responsibility Accounting
6.1 Responsibility Accounting
6.2 Responsibility centers

65
 6.3 Performance Measurement

Text book
Charles T Horngren, Cost Accounting: A Managerial Emphasis, 9th Edition, Prentice Hall In
Reference books
• Horngren, Datar&Rajan. Cost Accounting: A Managerial Emphasis, th 14 Ed. 2012
• Garison. Noreen and Brewer, Managerial Accounting, 13th Ed
• Jain and Narang, Cost and Management Accounting, Kalyani Publisher, 2001 Edition
• Charles T Horngren, Cost Accounting, 8th Edition, Prentice Hall Inc.
• CharlesTHorngren, Introduction to Management Accounting Prentice Hall Inc

ASSESSMENT CRITERIA
Evaluation consists of graded homework, quizzes, final examination, discussions, and a group project.
Attendance & Participation 5%
Homework /Assignment 15%
Tests 30%
Final Exam 50%
Total 100%
Course Title: Financial Management I
Course Number: ACFN 341
Credit Hours: 3
ETCTS Credits: 5

Course Description
This course, Financial Management - Part I, deals with the basic underlying concepts and techniques of
financial management. The course addresses the issues that are encompassed in finance in general and
those deemed to be of relative relevance to the purported students in particular. In the introductory part,
the nature, overall realm, and dimension of financial management, and the whys and means of evaluation
of financial performance are discussed.
In part two, the basic concepts and correlated issues are expounded. Such basic issues such as the time
value of money, risk and return, and valuation of financial assets are covered. In the last part, part three,
the nature, type, and technique of long-term investment decisions will be covered.
Course Objective
After successful completion of this course, the student will be literate in finance and could undertake
intermediate-level project analysis and evaluation tasks.
Chapter 1- An Overview of Financial Management
1.1. The nature and scope of financial management
1.2. Financial Markets and Institutions
 Financial institutions
 Cash flows to and from the firm
 Primary markets vs. Secondary markets
 Money markets vs. Capital markets
1.3. Financial management decisions
1.4. Goal of the firm
• Possible goals
 The goal of the firm and financial management
1.5. Basic forms of business organizations
1.6 Multinational Financial Management
66
 1.6.1. Overview of Global Finance
1.6.2. Multinational Companies & theories of international business
1.6.3 International Business Methods & exposure to international risk

Chapter 2- IFRS-Based Financial Statement Analysis

2.1 Purposes of financial analysis

2.2 Tools for financial analysis
2.3 Ratio Analysis
 Short term solvency or liquidity measures
 Long-term solvency measures
 Asset Management or turnover measures
 Profitability Measures
 Market Value Ratios (Measures)
2.4 Problems with financial statement analysis
Chapter 3- The time value of money
3.1 Why money has a time value?
3.2 Future Value of a single amount
3.3 Present value of a single amount
3.4 Future value of annuity
3.5 Present value of annuity
3.6 Special Case Annuities
3.6.1 Perpetuities
3.6.2 Deferred Annuity
3.7 Uneven Cash Flow Streams
3.8 More frequent compounding
 Compounding for less than a year
 Effective annual rate and the nominal rate

Chapter 4- Risk and Return
4.1 Understanding and Measuring Risk
 Probability distributions
 Measures of Central tendency
 Measures of dispersion
4.2 Portfolios
 Portfolio weights
 Portfolio expected returns
 Portfolio risk
4.3 Diversification and portfolio risk
 The principle of diversification
 Diversification and unsystematic risk
 Diversification and systematic risk
 Measuring systematic risk
 Portfolio betas
4.4 Risk and the required rate of return
 CAPM
 The security market line
Chapter 5 :Cost of Capital
67
 5.1 The meaning of cost capital
5.2 The components of the cost of capital
5.2.1 The cost of debt and preferred stock
5.2.2 The cost of common equity capital
5.2.3 The cost of retained earnings and new common stock
5.3 The meaning and use of the weighted average cost of capital (WACC)
5.4 Adjusting cost of capital for project risk
Chapter 6 Capital Budgeting Decisions
6.1The capital budgeting decision process
6.1.1 Steps in the process ; Basic terminologies
6.2 Cash flows
6.2.1 The rational for the use of cash flows
6.2.2. The cash flow after-tax (CFAT)
6.2.3 Types of cash flows; Cash flow worksheet
6.3 Capital budgeting techniques
6.3.1 Non-Discounted and Discounted Cash Flow Techniques ( for independent projects with
or without capital rationing problems and mutually exclusive projects )
6.4 Methods for incorporating risk in to capital budgeting
6.4.1 Risk adjusted discount rate
6.4.2 Certainty Equivalents
6.4.3 Sensitivity and Scenario analysis
6.5 International Capital Budgeting
6.5.1 Subsidiary Vs Parent Perspective
6.5.2 Capital Budgeting Approaches
6.5.3 Factors to Consider in International Capital Budgeting

Text and References Books

Text Book:
Ross, S.A., Westerfield, R.W. and Jordan, B.D., Fundamentals of Corporate finance,10th edition,
McGraw-Hill/Irwin,USA,2013.
Reference Books
1. Ross, S.A., Westerfield,R.W. and Jordan, B.D., Fundamentals of Corporate Finance, 2nd
edition, Richard D. IrwinInc.,USA, 1993
2. Scott Besley and Brigham E. F., Essentials of Managerial Finance, 14th edition,Thomson South-
Western, USA, 2008.
3. Brigham, E.F. and Houston, J.F., Fundamentals of Financial Management, 9th Edition, South-
Western, USA, 2001.
4. Nevue, R.P., Fundamentals of Managerial Finance, 2nd edition, South-Western Publishing Co.,
Ohio, 1985
5. Gitman, L.J., Principles of Managerial Finance, 12th edition, Harper Collins, USA, 2009.

ASSESSMENT CRITERIA
Evaluation consists of graded homework, quizzes, final examination, discussions, and a group project.
Attendance & Participation 5%
Homework /Assignment 15%
Tests 30%
Final Exam 50%
Total 100%
68
Course Title: Financial Management II
Course Number: ACFN 342
Credit Hours: 3
ETCTS Credits: 5

Course Description:
Financial Management II is a major course to accounting students that follows Financial Management I.
This course attempts to expose students to relatively higher concepts in finance. It deals with the concept
leverage and capital structure, dividend policy, financial forecasting, and a review of the management of
working capital.
Course Objective:
A successful completion of this course enables students to:
• Demonstrate knowledge of the concept of optimum capital structure that maximizes firm‘s value
and the controversy over the relevance of capital structure policy
• Appreciate theories over firm‘s dividend policy in maximizing firm‘s value
• Carry out financial forecasts for firms
• Determine appropriate working capital management strategies for a firm
Course Contents

Chapter 1: Capital Structure Policy and Leverage

1.1. The capital structure question
1.2. Factors that influence capital structure decisions
1.3. Business and Financial Risk
1.3.1. Business risk and operating leverage
1.3.2. Financial risk and financial leverage
1.4. Determining the optimal capital structure
1.4.1. EBIT/EPS analysis
1.4.2. The effect of capital structure on stock price and the cost of capital
1.5. Introduction to the theory of capital structure
1.5.1. Modigliani and Miller (M&M) Propositions I and II with no taxes
1.5.2. Modigliani and Miller (M&M) Propositions I and II with taxes
1.5.3. Trade-off theory (Static Trade-off Hypothesis)
1.5.4. Signaling theory
1.5.5. Using debt financing to constrain managers
Chapter 2: A Review of Dividends and Dividends Policy
2.1 Dividend theories
2.2 Establishing the dividend policy in practice
2.3 Factors influencing dividend policy
2.4 Other factors related to cash dividends:
2.4.1 Stock dividends and stock splits
2.4.2 Stock repurchases
Chapter 3: Financial Forecasting
3.1 Overview of financial forecasting
3.2 Forecasting growth rates and outside financing
3.3 Forecasting external financing needs
3.4 Financial statement forecasting: the percentage of sales method

69
Chapter 4: Managing Current Assets
4.1 Working capital terminologies
4.2 Alternative current asset investment policies
4.3 Cash management
4.3.1 International Cash Management
4.3.2 Cash Flow Analysis
4.3.3 Techniques to Optimizing Cash Flows
4.3.4Investing Excess Cash
4.4 Inventory Management
4.5 Receivables management
Chapter 5: Financing Current Assets
5.1 Alternative current asset financing policies
5.2 Advantage and disadvantage of short-term financing
5.3 Sources of short-term financing (Accruals, Accounts Payable, Short-term Bank Loan, and
Commercial Papers)

Text and References Books

Text Book:
1. Ross, S.A., Westerfield, R.W. and Jordan, B.D., Fundamentals of Corporate finance,10th
edition, McGraw-Hill/Irwin,USA,2013.
Reference Books
6. Ross, S.A., Westerfield,R.W. and Jordan, B.D., Fundamentals of Corporate Finance, 2nd
edition, Richard D. IrwinInc.,USA, 1993
7. Scott Besley and Brigham E. F., Essentials of Managerial Finance, 14th edition,Thomson South-
Western, USA, 2008.
8. Brigham, E.F. and Houston, J.F., Fundamentals of Financial Management, 9th Edition, South-
Western, USA, 2001.
9. Nevue, R.P., Fundamentals of Managerial Finance, 2nd edition, South-Western Publishing Co.,
Ohio, 1985
10. Gitman, L.J., Principles of Managerial Finance, 12th edition, Harper Collins, USA, 2009.
11. Petty &et. A., Basic Financial Management, 6th edition, Prentice-Hall, Inc., 1993

ASSESSMENT CRITERIA
Evaluation consists of graded homework, quizzes, final examination, discussions, and a group project.
Attendance & Participation 5%
Homework /Assignment 15%
Tests 30%
Final Exam 50%
Total 100%

70
Course Number ACFN 331
Course Title Government and Non-profit Accounting
ETCTS Credits 5
Contact Hours 3
(per week)
Course Objectives After successfully completing this course, the students should be able to:
& Competences to • Identify characteristics and types of government and Not-For-profit
be Acquired organizations (NFP);
• Understand the budgeting framework of governmental units and other non-
profit organizations and help senior budget officials of the same in
developing budgets
• Distinguish the legal and economic substance of transactions as opposed to
the nature of transactions in business organizations;
• Record the transactions and present fairly the financial statements of
governmental units and other non-profit organizations in conformity with
legal requirements and accepted accounting principles
Course The course is intended to introduce the accounting and reporting concepts,
Description standards and procedures applied to governmental units and not –for –profit
(NFP) organizations. The course reflects the distinction between legal form of
transactions as opposed to the accounting system for business enterprises, and
the substance of transactions.
WEEKS Course Contents Reading
1. Overview of Financial Reporting for Governmental
and NFP Entities
1.1 Distinguishing characteristics of Governmental and
Not- for- Profit entities.
1.2 Sources of financial reporting standards for
Governmental and NFP entities in Ethiopia
1.3 Objectives of financial reporting in NFP entities
1.4 IPSAS versus IFRS
1.5 The Conceptual Framework for Public Sector
Accounting [The IPSASB]
1.5.1 Objectives of financial reporting
1.5.2 Fundamental concepts
Recognition, measurement, and disclosure
concepts
2. Principles of accounting and financial reporting of
governmental entities
a. Activities of government
b. Summary statement of principles
c. Summary Accounting characteristics of fund
types
d. Budgeting and uses of budget
e. Classification of budget
f. Approaches to budgeting

71
3. International Public Sector Accounting Stanadards
[IPSAS]
2.1 Activities of Government
2.2 Summary statement of principles
2.3 Impairment of Non-Cash-Generating Assets [IPSAS
21]
2.4 Disclosure of Financial Information about the General
Government Sector [IPSAS 22]
2.5 Revenue from Non-Exchange Transactions (Taxes
and Transfers) [IPSAS 23]
2.6 Presentation of Budget Information in Financial
Statements [IPSAS 24]
2.7 Cash Flow Statements [Cash Basis IPSAS]

4. Budgeting and Performance Reporting

3.1 Budgeting in the Public Sector
3.2 Classification of budget
3.3 Approaches to budgeting
3.4 Budgets and Outturn Reporting (IPSAS 24)
Performance Budgeting and Reporting
5. Accounting for General and Special Revenue Funds
4.1 Definitions and purposes
4.2 Budgetary accounting
4.3 Revenue accounting
4.4 Expenditure accounting
Financial statements
6. Accounting for Capital Project Fund
5.1 Definitions and purposes
5.2 Classification of general capital assets
5.3 Sources and uses of cash flows
5.4 Methods to acquire general capital assets
5.5 Illustration on capital project fund
7. Accounting for Debt Service Fund
6.1 Definitions and purposes
6.2 General long-term liabilities
6.3 Sources and uses of cash flows
6.4 Illustration on debt service fund

8. Accounting for Internal Revenue Funds

7.1 Accounting principles of proprietary funds
7.2 Financial statements of proprietary funds
7.3 Illustrative entry for proprietary propriety funds
7.4 Financial statements of proprietary funds

9. Accounting for Fiduciary Funds

8.1 Features of fiduciary funds
8.2 Accounting principles of fiduciary funds
8.3 Accounting for agency fund
72
 8.4 Accounting for trust funds
10. Accounting for Other Not-for-Profit Entities
1.1.Characteristics of Non-governmental NFP
organizations
1.2.Charities and soceties law in Ethiopia
1.3. Financial reporting and accounting for NGOs
Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the end
Methods/strategy of each chapter for submission within a week. Solution to the assignments will
be given once assignments are collected. Cases with local relevance will also
be given for each chapter for group of students to present in a class room. The
full and active participation of students is highly encouraged.

Assessment/Eval
uation The evaluation scheme will be as follows:

Testt1 Test Test Quiz1 Assignment Final Total

2 3 1
10% 10% 15% 5% 10% 50% 100%

Work load in hours

Hours Required
Tot
Self- ECT
al
Lectur La Assessme Tutori Studi Assignm Advisi S
Hrs
es b nts als es ent ng
64 - 20 24 54 - - 162 6

Roles of the He/she will come to the class regularly on time and deliver the lecture in a well-
Instructor organized manner. Besides, at the end of each class he/she gives reading
assignment for the next class. He/she will make sure that proper assessments
is given. He/she is also responsible to give feedback for each assessment.
Roles of the The success of this course depends on the students‘ individual and collective
students contribution to the class discussions. Students are expected to participate
voluntarily, or will be called upon, to contribute to set exercises and problems.
Students are also expected to read the assigned readings and prepare the cases
before each class so that they could contribute effectively to class discussions.
Students must attempt assignments by their own. Proficiency in this course
comes from individual knowledge and understanding. Copying the works of
others is considered as serious offence and leads to disciplinary actions.
Text and reference Text Book:
books • Accounting for Governmental and Non-Profit Entities, 15th edition, by
Wilson, Kattelus, Hay. McGraw-Hill/Irwin Inc., USA, 2010.
• Aggestam-Pontoppidan, C. (2015). Interpretation and Application of
IPSAS. John Wiley & Sons.

73
 • Freeman, R. J., Shoulders, C. D., Allison, G. S., Smith Jr, G. R., &
Becker, C. J. (2014). Governmental and nonprofit accounting: theory
and practice. JPAEJOURNAL OF PUBLIC AFFAIRS EDUCATION
VOLUME 20 NUMBER 3, 441.
Reference Proclamations
1. Proclamation No. 847/2014, Financial Reporting Proclamation, 2014.
2. Proclamation No. 621/2009, Charities and Societies Proclamation, 2009.
3. Proclamation No. 648/2009 The Federal Government of Ethiopia Financial
Administration Proclamation

Course Title Advanced Financial Accounting I

Course Code ACFN 401
ETCTS Credits 5
Contact Hours (per 3
week)
This course builds on the knowledge you obtained in your introductory
and intermediate financial accounting courses. The primary objective of
Course Objectives & the course is to help students gain an in-depth understanding of the theory
Competences to be and current practice of advanced and complex financial accounting issues
Acquired for business firms.

Upon successful completion of this course, students will be able to:

Identify the alternative forms of a joint venture and describe the

accounting treatment for investments in joint arrangements;
Apply proper accounting techniques to account for branch operations
and prepare combined financial statements for home office and branch;
Explain the nature of business combinations and its accounting
treatment;
Explain the meaning and assessment of control;
Prepare consolidated financial statements for companies with parent-
subsidiary relationship on date of acquisition and subsequent to date of
acquisition;
Explain and account for foreign currency transactions and translate
foreign currency financial statements;
Prepare segment and interim financial reports.

74
Course Description The course specifically deals with the accounting concepts and practices
pertaining to investments in joint arrangements, home office-branch
operations, business combinations, consolidated financial statements,
foreign currency transactions and translation of foreign currency financial
statements, segment and interim reporting.

WEEKS Course Contents

1. Joint Arrangements and Joint Operation

2WEEKS 1.1 Nature of joint arrangements
{1ST&2ND } 1.2 Accounting for investments in joint
arrangements
1.3 Nature of joint operations
1.4 Accounting for joint operations

2. Accounting for Sales Agencies and Branches

2 WEEKS Operations
{3RD& 4TH } 2.1 Characteristics and principles
2.2 Distinguishing between Agencies,
Branches and Divisions
2.3 Accounting for Branch Operations
2.3.1 Reciprocal accounts and their reconciliations
2.3.2 Billing of merchandises to branches
2.3.3 Transaction between branches
2.3.4 Combined Financial statements

3. BusinessCombinations
3 WEEKS 3.1 Definitions and Motives
{5TH, 6TH& 7TH} 3.2 Types and methods of arranging business
combinations
3.3 Identifying a business combination
3.4 Acquisition method of accounting
3.5 Overview of business combinations in
Ethiopian context

4. Consolidations (Group accounts)-Date of

Acquisition
2 WEEK 4.1 Definition of subsidiary and control
{8TH & 9tTH} 4.2 Assessing control
4.3 Consolidation procedures
4.4 Definition and presentation of non-controlling
interests
75
 4.5 Different reporting dates and accounting
policies
4.6 Consolidated Statement of Financial Position:
Wholly owned subsidiary
4.7 Consolidated Statement of Financial Position:
Partially owned subsidiary
4.8 Changes in group structure

5. Consolidated Financial Statement -Subsequent

3 WEEKS to Date of Acquisition
{10TH, 11TH, & 5.1 Accounting for investments in subsidiaries
12TH } 5.2 Consolidated Financial Statements for wholly
owned subsidiary
5.3 Consolidated Financial Statements for partially
owned subsidiary
5.4 Consolidated Financial Statements: Intra-group
trading (Upstream and Downstream
Transactions)

2 WEEKS 6. Foreign Currency Transactions and Translation

{13TH & 14TH } of Foreign Currency Financial Statements
6.1 Introduction
6.1.1 Definition of terms
6.1.2 Types of currency-related exposures
6.1.3 Determination of an Entity‘s Functional
Currency
6.2 Translation of foreign currency transactions
6.3 Translation of foreign currency financial
statements
6.3.1 Rationale for translation of foreign
currency financial statements
6.3.2 Methods for translation of foreign
currency financial statements
7. Exchange Rate Risk Management
7.1 Forecasting Exchange Rates
7.2 Measuring Exposure to Exchange Rate
Fluctuations
7.3.1 Transaction Exposure
7.3.2 Managing Economic Exposure
7.3.3 Managing Translation Exposure
2 WEEK 8. Segment and Interim Reporting
{15TH & 16TH } 8.1 Segment Reporting
8.1.1 Definition of an operating segment
8.1.2 Identifying externally reportable segments
8.1.3 Measurement
8.1.4 Information to be disclosed about
reportable segments
76
 8.2 Interim Financial Reporting
8.2.1 Definitions
8.2.2 Components, form and content of an
interim financial report
8.2.3 Periods for which interim financial
statements are required to be presented
8.2.4 Recognition and measurement

9. Asset Valuation for financial reporting

8.1. Basics of valuation
8.2. Overview of International Valuation
Standards (IVS)
8.3. Valuation approaches
8.3.1. Market approach
8.3.2. Income approach
8.3.3. Cost approach
8.4. Valuation report

Assessment/Evaluatio The evaluation scheme will be as follows:

n Component Weight coverage
Test 1 15% Chapter 1 &3
Test 2 15% Chapter 4 & 5
Assignment 1 5% Chapter 1 &2
Assignment 2 5% Chapter 4&5
Quiz 1 5%
Quiz 2 5%
Final Exam 50% All chapters
Work load in hours

Hours Required
Asses Self- Assig Adv Tota ECT
sment Tuto Studie nmen isin l Hrs S
Lectures Lab s rials s t g
64 - 22 12 64 - - 162 6
Text Book:
Text and reference • Cotter, D. (2012). Advanced financial reporting: A
books complete guide to IFRS. Financial Times/Prentice
Hall.
• Joe B. Hoyle & et al. (2015) Advanced Accounting,
12e
Reference Books:
• Ernst & Young LLP (2016), International GAAP,
John Wiley & Sons Ltd.
• Commercial Code of Ethiopia
• www.ifrs.org
77
 • IFRS Blue Book

Course Number ACFN 421

Course Title Investment Analysis and Portfolio Management
ETCTS 5
Credit Hour 3
Course Objectives & The course will enable students to understand different investment
Competences to be avenues and aware of the risk return of different investment alternatives
Acquired and estimate the value of securities so as to make valuable investment
decisions.
Course Description This course provides an overview of the field of investment .it explains
basic concepts and methods useful in investment. The course also tries
to imitate the valuation of bond and stocks. It also covers fundamental
and technical analysis as well as portfolio construction and portfolio
managements.
Course Contents Reading
Chapter One 1. Introduction to investment
1.1. What is investment
1.2. Investment alternatives
1.3. Investment companies
1.4. Security market
1.5. Basic investment transactions
1.6. Types of orders
Chapter Two 2. Regulations and administration of investments
in Ethiopia
2.1. Definition and Nature of Regulation
2.2. Principles of Good regulation in
investment
2.3. The Need to Regulate Investment
2.3.1. Regulation of Investment in Ethiopia
2.3.2. Constitutional Framework
Investment in Ethiopia
2.3.3. Economic Policy of Ethiopia
2.3.4. Areas of Investment Reserved for
Domestic Investors
2.3.5. Sectors Open to Ethiopian Nationals
2.3.6. Sectors Open to the state
2.3.7. Investment Procedures
2.3.8. Business License
2.3.9. Restrictions on Foreign Direct
Investment
2.4. Accounting entries and implications on
reporting (general purpose and for tax
purpose)
Chapter Three 3. Risk and return
3.1. Concepts of Risk and Return
78
 3.2. Measuring historical risk
3.3. Measuring historical return
3.4. Measuring expected risk and return
Chapter Four 4. Fixed income securities
a. Bond characteristic
b. Bond price
c. Bond yield
d. Risks in bond
e. Rating of bonds
Chapter Five 5. Stock and equity valuation
5.1. Stock characteristic
5.2. Dividend discount model
5.3. Free cash flow model
5.4. Earning multiplier approach
Chapter Six 6. Security analysis
6.1. Macro-economic analysis
6.2. Industry analysis
6.3. Company analysis
6.4. Technical analysis
Chapter Seven 7. Portfolio theory
7.1. Diversification and portfolio risk
7.2. Portfolio risk and return
7.3. Capital allocation between risky and risk
free assets
7.4. Optimum risky portfolio
Chapter Eight 8. Derivative instruments
8.1. The nature of derivatives
8.2. Options and futures: payoffs
8.3. Derivatives as risk management (hedging)
tools
Chapter Nine 9. Portfolio Management
9.1. Portfolio performance evaluation
9.2. The process of portfolio management
9.3. Active portfolio management
9.4. International portfolio management
Teaching & Learning The teaching and learning methodology include lecturing, discussions,
Methods/strategy problem solving, and analysis. Take-home assignment will be given at
the end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for group of students to present in a
class room. The full and active participation of students is highly
encouraged.

Assessment/Evaluatio The evaluation scheme will be as follows:

n Test 1 Test 2 Assignment Final Total
15% 15% 15% 50% 100%
Text and reference Text Book:
books
79
 Charles P. Jones, Investments: analysis and Management, 7th
edition
Reference Books
 Robert C. Radcliff, Investments: Concept, analysis and Strategy, 4th
edition,
 Frank K. Reilly & Keith Brown, Investment Analysis and portfolio
Management, 7th edition.
 Bodie, Kane & Marcus. Investments. 4th edition. 
 ZviBodie, Investments, 6th edition, MCGraw-Hill Companies
 Chandra, P. Investments Analysis Portfolio management. 3rd
edition.
 Elton, E.J.&Guruber,M.J.. Modern Portfolio Theory and
Investment Analysis. 5th edition.
 Avadhani,V.A Security Analysis and Portfolio Management. 9th
edition

Course Number ACFN 422

Course Title Project Analysis & Evaluation
Pre-requisite Financial Management I (ACFN 341 )
ETCTS 5
Credit Hour 3
Course Objectives & This course aims to help students create an understanding of the
Competences to be processes, techniques, and procedures of project identification,
Acquired formulation, appraising, planning and organizing. It also
provides highlights on project socio-economic and impact
analysis, and project management, monitoring and evaluation. .
Course Description The course deals with the different stages of project analysis and
evaluation. Major topics covered include: national plans and
programs; the project life cycle; market/commercial analysis;
technical analysis; organization and management analysis;
environmental impact assessment; financial analysis; risk and
uncertainty analysis; , socio-economic analysis, project appraisal
criteria and techniques; and project management.
WEEKS Course Contents Reading
Chapter One 1. Introduction to Project
1.1. Definition of a Project
1.2. Classification of a Project
1.3. Characteristics/features of a Project
1.4. Project and the Macro Plan (State and
Corporate)
Chapter Two 2. Project Cycle
2.1. UNIDO‘s Project Cycle (UNIDO Model)
2.2. BAUM‘s Project Cycle (BAUM‘s Model,
1978)
2.3. S Choudhury‘s Project Life Cycle (1988)
2.4. Project Clearance Report (PCR)
80
 2.5. Management Approach to Project Cycle
Chapter Three 3. Project Identification
3.1. Project Identification
3.2. Source of Project Ideas
3.3. Project Concepts and Profiles
3.4. Prioritization and Ranking
3.5. Opportunity, pre-feasibility, feasibility
and support studies
Chapter Four 4. Market/Commercial Analysis of Project
4.1. Product description
4.2. Characterization of potential customers
and demand forecasting
4.3. Characterization of competitors and
supply forecasting
4.4. Marketing strategy
4.5. Revenue and marketing cost forecasting
Chapter Five 5. Technical Analysis of Project
5.1. Plant Capacity and Production Program
5.2. Raw Materials, supplies and utility study
5.3. Location and site selection
5.4. Technology and Engineering studies
5.5. Structure and civil work study
5.6. Plant and equipment study
5.7. Project charts and layouts
5.8. Production cost estimation (materials,
utilities and depreciation)
Chapter Six 6. Organization and Management Study
6.1. Project organization and management
6.2. Organizational structure
6.3. Human resource requirement planning
6.4. Operational and financial manuals
6.5. Organization and management cost
forecasting
Chapter Seven 7. Environmental Impact Assessment
7.1. Defining and identifying adverse impacts
7.2. Identifying mitigation strategies
7.3. Impact mitigation cost forecasting

Chapter Eight 8. Financial Analysis of Projects

8.1. Financial analysis basic
8.2. Measuring Project cash flows
8.3. Non-discounted cash flow approaches
8.4. Discounted cash flow approaches
8.5. Criteria for Investment Decision
8.6. Project financing alternatives

81
Chapter Nine 9. Risk and uncertainty analysis
9.1. Project risk, uncertainty, assumption,
issue and constraints
9.2. Risk identification
9.3. Risk assessment
9.4. Risk response planning
9.5. Determination of contingency fund
Chapter Ten 10. Socio-Economic Analysis of Projects
10.1. Rational for Economic Analysis
10.2. Valuation and Shadow Prices
10.3. Basic Principle of Shadow Price
10.4. Use of Conversion Factor
10.5. Source of Shadow Prices
10.6. World Price System of Economic
Analysis(Little-Mirrlees Method)
10.7. Domestic Price System of Economic
Analysis (UNIDO Method)
Chapter Eleven 11. Project Management
11.1. Project implementation process
11.2. Project versus operations management
11.3. Project implementation planning and
organizing
11.4. Managing the Implementation Process
11.5. Project constraints
11.6. Project and project management
success/failure factors
11.7. Project Monitoring
11.8. Project Evaluation
11.9. Project Impact Analysis
11.10. Reporting evaluation results
Teaching & Learning The teaching and learning methodology include lecturing,
Methods/strategy discussions, problem solving, and analysis. Take-home
assignment will be given at the end of each chapter for
submission within a week. Solution to the assignments will be
given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of
students to present in a classroom. The full and active
participation of students is highly encouraged.

Assessment/Evaluation The evaluation scheme will be as follows

Test 1 Test Project Final Total

2 Paper
15% 15% 20% 50% 100%
Text and reference books Text Book:
• Behrens, W. &Hawranek, P. (1991). Manual for the
Preparation of Industrial Feasibility Studies (Newly

82
 revised and expanded edition). Vienna: United Nations
Industrial Development Organization.
• Chandara, P. (2009). Projects: Planning, Analysis,
Selection, Financing, Implementation, and Review (7th
ed.). New Delhi: Tata McGraw Hill
Reference Books
• Baker, H.K. & Powell. G.E. (2005). Understanding
Financial Management-A practical Guide. Massachusetts:
Blackwell Publishing.
• Baker, H. K & Powell, G.E. (2011). Capital Budgeting
Valuation: Financial Analysis for Today’s Investment
Projects. New Jersey: John Wiley & Sons,
• Dayananda, D., Irons, R., Harrison, S., Herbohn, J. &
Rowland, P. (2002). Capital Budgeting: Financial
Appraisal of Investment Projects. Cambridge: Cambridge
University Press.
• FDRE Ministry of Finance and Economic Development
(MoFED). (2006). Guidelines for the preparation of public
sector project. Addis Ababa: MoFED.
• Greene, J. &Stellman, A. (2007). Head First PMP.
California: O‘Reilly Media, I
• Hillson, D. (2003). Effective opportunity management for
projects: Exploiting positive risk. CRC Press.
• Hillson, D. (2009). Managing risk in projects. Gower
Publishing, Ltd..
• Kerzner, H. (2009). Project Management: A systems
approach to planning, scheduling and controlling
(10thed.). New Jersey: John Wiley & Sons, Inc.
• Mian, M. (2011). Project Economics and Decision
Analysis (Vol. I): Deterministic models (2nd Ed.).
Oklahoma: PennWell Corporation.
• Mian, M. (2011). Project Economics and Decision
Analysis (Vol. II): Probabilistic Models. Oklahoma:
PennWell Corporation.
• Potts, D. (2002). Project planning and analysis for
development. London: Lynne Rienner Publishers, Inc.
• Project Management Institute. (2013). A guide to the
project management body of knowledge (5th ed.).
Pennsylvania: Project Management Institute, Inc.
• Samset, K. (2010). Early Project Appraisal: Making the
Initial Choices. London: Palgrave Macmillan.
• Tiffin, R. (1999). Practical Techniques for Effective
Project Investment Appraisal. London: Hawksmere plc.
• Turner, R. (2009). The Handbook of Project-Based
Management: Leading Strategic Change in Organizations
(3rded.). London: McGraw-Hill Companies, Inc.

83
Course ACFN 431
Number
Course Title Public Finance & Taxation
ETCTS 5
Credit Hour 3
Course Upon the successful completion of this module, students should be able to:
Objectives & • Discuss the essence of public finance and taxation in theory and in
Competences to Ethiopian context
be Acquired • Apply basic Ethiopian tax concepts to various circumstances relating
to the employment, business and other income taxes
• Apply basic Ethiopian tax concepts to various circumstances relating to
VAT, turnover tax, excise taxes, and custom duty
Course The course focuses on the taxing and spending activities of a government and
Description their influence on the allocation of resources and distribution of income in
general and with special reference to Ethiopia as per the new economic
policy. Moreover, the course will provide a reliable foundation in the core
areas of public finance and Ethiopian taxation, and enable students
understand the operation of the Ethiopian tax system. The topics covered
include: Introduction to public finance, tools of public finance mainly
taxation, analysis of the finance system of the Federal Democratic Republic
of Ethiopia with emphasis on the Taxation System.

Course Contents Reading

Chapter One 1. Basics of Public Finance
1.1.Definition of public finance
1.2.Scope of public finance
1.3.The role of government in the economy
1.4.Public expenditure
1.5.Public revenue
1.6.Public debt
1.7.Public administration
1.8.Fiscal federalism
Chapter Two 2. Meaning and Characteristics of Taxation
2.1.Objectives of taxation
2.2.Principles of taxation
2.3.Tax classifications
2.4.Tax rate structures
2.5.Shifting and incidence of taxation
2.6.Tax evasion, avoidance and delinquency

Chapter Three 3. Public Finance in Ethiopia

3.1.Features of Ethiopian Federal Finance
3.2.Expenditure Assignment
3.3.Revenue Assignment
3.4.Intergovernmental Transfer
3.5.Borrowing
84
 3.6.Trends of Ethiopian public revenues, expenditures,
grants, deficits, and debts
3.7.Budget and its process

Chapter Four 4. Ethiopian Tax System

4.1.Structure of Ethiopian Tax System and Administration
4.2.Income Taxes
4.3.Consumption Taxes
4.3.1. Value-Added Tax
4.3.2. Turnover Tax
4.3.3. Excise Tax
4.4.Stamp duties
4.5.Foreign Trade Taxes
4.5.1. Custom duties
4.5.2. Import Procedures
4.5.3. Export Procedures
4.5.4. Sur-Tax

Chapter Five 5. Investment Incentives

Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at the
Methods/strategy end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with local
relevance will also be given for each chapter for group of students to present
in a class room. The full and active participation of students is highly
encouraged.

Assessment/Eva The evaluation scheme will be as follows:

luation Test 1 Test 2 Assignment Final Total
1
15% 15% 10% 50% 100%
Text and Text Book:
reference books • Harvey S. Rosen, Public Finance, 4th edition, Richard D. Irwin, Inc., 1995.
Reference Books
• JutiuYucelik M. and Percy W.Kierstead ―Ethiopia: Presumptive
Taxation‖ IMF working Paper. December 1994.
• Richard A. Musgrave and Peggy B. Musgrave, Public Finance in Theory
and Practice, 2nd edition, McGraw Hill Inc. 1989.
• Taxation in Ethiopia. Ethiopian Chamber of Commerce Ethiopian
Business Development Services Network.Jan-2005.
• Various taxes Proclamations, Regulations, and directives.
Web Sites:
• http://www.erca.gov.et/
• http://www.mofec.gov.et/

85
Course ACFN322
Number
Course Title Accounting Information System
Pre - Accounting Software applications ( ACFN 321)
requisites
ETCTS 5
Credits
Credit Hour 3
Course After successfully completing this course, the students should be able
Objectives & to:
Competences to • Analyze, document and evaluate business activities performed
be Acquired by firms with in major transaction cycles;
• Identify AIS control and security threats and recommend
preventing/mitigating strategies;
• Understand the models, techniques, and tools for Information
Systems Analysis and Design in general and AIS in particular;
• Develop skills in documenting Accounting Systems;
• Develop understanding about fundamental concepts of database
technology and data modeling and apply the knowledge gained to
develop AIS data model;
• Set up an accounting system using the a general ledger software
package: and
• Develop working knowledge about database applications.
Course The course is designed to instill the knowledge and skill Accountants
Description require to improve the design and function of the Accounting
Information Systems through harnessing the current state of the art
Information Technology. The course introduces the techniques and
methodologies used to design and develop Information System in
general and Accounting System in particular. It also familiarizes students
to Database Management System (Ms Access).
WEEKS Course Contents Reading
1. Accounting Information Systems: An Overview
1.1. An Overview of AIS
1.2. Business Processes/Activities/Decisions/ and
Information Needs
1.3. Scope of AIS
1.4. Uses of AIS and Role of Accounts in
Relation to AIS
2. Overview of Business Processes
2.1. Business Processes and Events
2.2. Identifying Events in Business Process
2.3. Organizing data in an AIS
2.4. Types of Files and Data
2.5. Events and Activities

86
 3. The System Development Process
3.1. System Development and Documentation
Tools and Techniques: DFD, and Flow
Chart
3.2. System Development Processes
(Methodology, System Investigation,
Planning, Analysis, Design,
Implementation)
4. Relational Databases
4.1. Database Systems
4.2. Database Design Process
4.3. The REA Data Model
4.4. Database Systems and Future of Accounting
5. Transaction Cycles and Accounting Applications
5.1. Organizing Accounting Applications
5.2. Processing Modes
5.3. The Revenue Cycle
5.4. The Expenditure Cycle
5.5. General Ledger and Reporting System
6. Control and AIS
6.1. Overview of Control Concepts
6.2. Information System Control
6.3. Computer Controls and Security
6.4. Overview of Auditing of Computer Based IS

Teaching & The teaching and learning methodology include lecturing, discussions,
Learning problem solving, and analysis. Take-home assignment will be given at
Methods/strategy the end of each chapter for submission within a week. Solution to the
assignments will be given once assignments are collected. Cases with
local relevance will also be given for each chapter for group of students
to present in a class room. The full and active participation of students
is highly encouraged.

Assessment/Ev
aluation The evaluation scheme will be as follows:

Test T Tes Attendance1 Assignm Fin Tota

1 es t3 ent 1 al l
t2
10% 10 10 5% 15% 50 100
% % % %

Work load in
hours Hours Required E
Self- Total C
Lectur La Assess Tutor Stud Assign Advi Hrs T
es b ments ials ies ment sing S
87
 48 20 10 12 45 - - 135 5
Roles of the He/she will come to the class regularly on time and deliver the lecture
Instructor in a well-organized manner. Besides, at the end of each class he/she
gives reading assignment for the next class. He/she will make sure that
proper assessments is given. He/she is also responsible to give
feedback for each assessment.
Roles of the The success of this course depends on the students‘ individual and
students collective contribution to the class discussions. Students are expected to
participate voluntarily, or will be called upon, to contribute to set
exercises and problems. Students are also expected to read the assigned
readings and prepare the cases before each class so that they could
contribute effectively to class discussions. Students must attempt
assignments by their own. Proficiency in this course comes from
individual knowledge and understanding. Copying the works of others is
considered as serious offence and leads to disciplinary actions.
Text and Text Book:
reference books • Romney and Steinbart, 2007: Accounting Information
Systems, 11thed, Prentice Hall, Inc.
(http://www.prenhall.com/romney)
Reference Books
• Bodnar and Hopwood, 1998. Accounting Information Systems, 7th
Edition, Prentice Hall, Inc.
• A.Hall, 1998. Accounting Information Systems, 2nd Edition, West
Publishing Co.
• Moscove and et. al., 1997. Core concepts of Accounting
Information Systems, 5th Edition, John Wiley and Sons, Inc.
• Hoffer and et. al., 1999. Modern Systems Analysis and Design, 2nd
Edition, Addison Wesley Longman, Inc.
• Gelinas et al, 1999. Accounting Information Systems, 4th Edition,
South Western Publishing Co. USA.
• Boockholdt, 1999. Accounting Information Systems, 5th Edition,
Irwin/McGraw Hill.
• Jones Rama, 2003. Accounting Information System: A Business
Process Approach.
• Pressman, Rogers S., 2005. Software Engineering: A practitioner‘s
approach.
• Whiten J.L; Bentley L.D; Dottman, K.C., 2000. System Analysis
and Design Methods.

88
Course title: Financial Market and Institution
Course No.: ACFN 423
Prerequisite: ACFN 341
ETCTS 5
Credit Hrs. 3 hours

Course objectives: After the completion of this course students will be able to:
Understand the financial system and its components
Understand the important functions of the financial system
Describe the financial intermediaries and their role in the financial system
Understand financial market function particularly primary Vs secondary market; spot and
forward market; money market; capital market; foreign exchange markets.
Describe what information asymmetry mean and its role in the financial market
Understand the role and importance of different types
Financial institution in financial system
Know the financial sector regulation concepts and regulation organs
Understand the financial institutions and market in Ethiopian case
Course description:
The chapter covers introduction to the financial market and institution, financial intermediation, financial
markets, financial institutions, financial sector regulation, financial institutions and markets in Ethiopia
• Industry visit to know how financial markets and institutions are operating in Ethiopia
Chapter 1: Introduction to the Financial Market and Institution
1.1.What is financial system?
1.2. What constitute the financial System?
1.3. What is important function of the financial System?
1.4 What are the primary and secondary markets?
Chapter 2: Financial Intermediation
2.1. Financial instruments definition, characteristics, classification, etc)
2.2. Resource allocation (without financial market, with financial market but no
Financial institutions, with financial market and financial institutions)
2.3. Functions of financial intermediaries
Chapter 3: Financial Markets
3.1. Spot markets and Forward markets
3.2. Money markets
3.3. Capital markets
3.4. Foreign exchange markets
3.5. Information asymmetry in financial markets
3.5.1. The information problems: adverse selection and moral hazard
3.5.2. Transaction and information costs
3.5.3. Moral hazard in debt financing
3.5.4. Moral hazard in equity financing
Chapter 4: Financial institutions Financial sector regulation
4.1. Deposit taking institutions
4.2. Non- deposit taking institution
4.3 Definition of regulation
4.4 Principles of regulation
4.6 Regulation and control in the financial system

89
Chapter 5 : Asset-Liability Management Techniques
5.1 Managing Interest-Sensitive and Duration Gaps
5.2 Managing operating risk, interest rate risk, liquidity risk, and credit risk
5.3 Determinants of choice of investments
5.4 Managing Investment Portfolios
5.5 Managing Liquidity and Reserves
Chapter 6: Financial institutions and markets in Ethiopia
6.1. The Ethiopian financial system: evolution, structure, etc
6.2 Regulation standards
6.1 Banking and insurance in Ethiopia
6.2 Stock market in Ethiopia

Ch 7: Ethiopian Banking Sector

7.1 Organization and Structure of Ethiopian
Banking Industry
• Banks
• Microfinance Institutions
• Saving and Credit Associations
7.2 Classification and Functions of Banks in
Ethiopia
7.3 Regulations of Ethiopian Banking Sector
7.4 Major Regulatory Issues
8 Ethiopian Banks’ Sources of Funds
8.1 Types of deposit and pricing of deposits
8.2 Opening and closing of accounts
8.3 Payment methods from accounts (Checks,
letters, bank transfers, ATM, mobile
banking, e-banking, and etc.)
8.4 Inter-Bank Loans
8.5 Regulations on Investments by Banks

9 Ethiopian Banks’ Lending Procedures

9.1 Types and Characteristics of Loans
9.2 Regulations on Lending
9.3 Credit analyses and loan pricing
9.4 Follow-up and supervision
9.5 Foreclosure and treatment of non-
performing loans
9.6 Letter of credit and international trade
financing

10. International Banking

10.1 . Global Commercial Banking
10.1.1. International Banking Activities
10.1.2. Global Organization and Operation
Cross-Border Banking
International Representational Formats
90
 Overseas Branches
10.2. Financing Foreign Trade
10.2.1. Risks in Foreign Trade
10.2.2. Traditional Foreign Trade Financing: Letter of Credit (LC)
10.2.3. Other Foreign Trade Financing
10.3. Bank Money Management
10.3.1. Bank Treasury Operations
10.3.2. Generating Bank Profits

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 30%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… .. 100%
Textbook:
Fabozi and Modigliani (1996): Capital Markets: Institution and Instruments, 2nd ed. Prentice Hall Inc,.
New Jersey
References:
Jeff Madura (2008), Financial Markets and Institutions 8th ed. Cengage Learning
Kohn, Meir G.(2004) Financial Institutions and Markets. New York: Oxford University Press
Mishkin& Eakins G. (2006). Financial markets and Institutions , 5th ed. Addison Wesley

91
Course Title: Accounting Software applications
Course Number: ACFN 321
Credit Hours: 3
ETCTS 5
Prerequisite: ACFN 202

Course Objective
After completing this course the students will be able to:
demonstrate the accounting course in computer applications
manage computerized system
apply computer to convert manual accounting system to electronic system.

Course Description
The overall aim of the course is to provide students with the knowledge and skills required for basic
computer literacy; and to enable them to apply their accounting knowledge in computerized accounting
system.

Chapter 1: Peachtree Accounting Overview

1.1. Start up
1.2. What sort of data do I need to enter?
1.3. The conversion date
1.4. Batch Vs. Real – time posing
1.5. Cash basis or Accrual Accounting
1.6. Dates and Accounting Periods
1.7. Your Chart of Accounts
1.8. Other Decisions
1.9. Worksheets
1.10.Setting up a new company
1.11.Default Information
Chapter 2 Navigation Peachtree
2.1 Display the startup window when Peachtree Accounting opens
2.2 Display and use Navigation Aids
2.3 Use the Peachtree Accounting menus
2.4 Peachtree Accounting Windows basics
2.5 display Smart Guides
Chapter 3 General Ledger
3.1 Sales
3.2 Quotes
3.3 Sales orders
3.4 Sales/Invoicing
3.5 Receipts
3.6 Finance Charges
3.7 Purchases
3.8 Purchase orders
3.9 Purchase / receive entry
3.10 Payments
3.11 Select for payment
3.12 Void Existing checks
92
3.13 Payroll
3.14 Inventory navigation aid
Chapter 4: Action Item
4.1 Using Action
4.2 Set up
4.3 Set up action items and event log options
4.4 Enter a task in the to do list
4.5 Set up company alerts
Chapter 5: Business Analysis
5.1 Cash Manager
Chapter 6: Reports
6.1 Reports Basic
6.2 Accounts receivable reports
6.3Accounts payable reports
6.4General Ledger reports
6.5Financial statements
Chapter 7: Company Administration
7.1Peachtree Accounting Security
7.2Company users and passwords
7.3 Controlled user access levels
7.4 Audit Trial
7.5 Maintain users
7.6 Account reconciliation
7.7 Back up & store
7.8 Global options
7.9 Back up storey
7.10System
7.11Trouble shooting and purge process
Chapter 8: Basic procedures
8.1Opening and closing
8.2 Edit data
8.3Add or remove a line item in a record or transaction
8.3 Recurring entries
8.4 Memorized translation
8.5 Accounting behind the screen
8.6 Posting objects
8.7 Working with text styles
8.8 Wrapping around styles

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 15%
3. Practical exam………………………………………………………15%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… .. 100%

93
Text:
Advanced Computerized Accounting, text, Prepared by Unity College
Reference Books:
Bassett, ( 1992) Computerized Accounting
Yacht, Carol (1999), Computer Accounting with Peachtree for Microsoft Windows Release 5.0,
3rded.
Yacht, Carol (1999), Computer accounting with Peachtree for Microsoft window Release 5.0,
4thed.

Course Title: Federal Government of Ethiopia ( FGE) Accounting

Course Number: ACFN 332
Credit Hours: 2
ETCTS 4.5
Prerequisite: ACFN 331

Chapter One : Introductions

1.1 Historical overview of Ethiopian Government Accounting system
1.2 FGE charts of accounts
1.3 FGE budget Process
1.4Fundamental of FGE program Budget
1. 5 Overview of IBEX and IFMIS
1.6 Budget Ledger Card
1.7 Basis of Accounting
1.8 Legal frame work of FGE Financial Administration
Chapter Two: General Ledger and Subsidiary ledgers
2.1: Description of ledger
2.2: Structure and organization of Ledgers
2.3: Recording entries in the ledger
Chapter Three: Recording Common Transactions of FGE
3. 1: Cash withdrawn from bank to safe
3.2: Cash deposited in to bank from the safe
3: 3 Cash transfer
3. 4: Non cash transfer
3.5 : Salary and withholding tax
3.6: Grace period payables and Payable
3.7: Deposits
3.8: Receivables and Aid in kind
Chapter Four: Monthly Reports
4. 1: Revenue / Assistance report
4.2: Recurrent expenditure Budget
4. 3: Capital expenditure budget
4. 4: Transfer Report
4.5 : Payables Report
4.6: Trial Balance Check list
Chapter Five : Financial reports/ Financial statements
5.1: Statement of Budgeted Revenue and expenditure
94
5. 2: Statement of changes in cash position
5.3: The balance sheet Check list
Chapter Six: Financial Administration in FGE Accounting System
6. 1: Objectives of public Financial Management
6.2: Legal Frame work of Public Finance Management
6.3: Federal Audit
6.4: Issues of FGE Public Financial Management

Evaluation Modalities:
Continuous Assessment ..................................................................50%
o Attendance....................................... ..5%
o Tests................................................ .30%
o Individual Assignments........................ 5%
o Team Assignments...............................10%
Final Exam................................................................................50%
Texts and References
Text Books
:FGE manual Volume I and II
References

Auditor General reports

Budget proclamation of Ethiopia( 175, 1999)
Edward S. Lynn and Roberts Freeman ( 2005) Fund Accounting : Theory and Practice , 2nd
edition
, publisher ; Prentice Hall/ Inc
Ethiopian constitution
Federal Financial Administration Proclamations





















95
CourseNumber AcFn311
CourseTitle Money & Banking
ETCTSCredits 5
Contact 3
Hours
(perweek)

CourseDes This course is designed to quaint students with the basic principle
cription procedure and practice of banks. Through out this course emphasis will
be given tor relationship between Banker and customer
negotiable(credit)instruments
Bankingindustryandformulationofbankloanpolicyspeciallyopeningand
crossing of accounts and rule of negotiable instruments are given detail
discussionsoastoequipmentstudentswiththenecessaryregulationof
WEEKS CourseContents Reading

1. Money: Evaluation and Function

• Introduction
• The definition of money
• The origin of money: The Barter System
and Its defects
• Functions of money
• Desirable properties of money
• Kinds of money
• Monetary standards
i. Meaning and Types of Monetary
Standards
ii. The Gold Standard
iii. Bimetallism as a Monitory
Standard
iv. Paper currency standard
v. Standard systems of note issue
2.
Anoverviewofbanksandtheirfunctio
n2.1.Introduction
2.2.Meaningof
Banking 2.3.Typesof
Banking
2.4.Bankingissues in 21stcentury
3.CentralBanking3.
1.Introduction
3.2.Functions of Central Bank

4.
CommercialBanki
ng4.1.Introduction
4.2.Function of
Commercial

96
 5.BankCustomerRelationship
5.1.Introduction
5.2.General vs.Special Relationship
6. BankServices
6.1.Openingan Account
6.2.ThePayingBanker
6.3.Collecting Banker
6.4.Loan and Advances
6.5.Letter of Credit
7. Development and Investment Banking
7.1.Development Banking and Its functions
7.2.Investment Banking Meaning and
Functions
7.3.Cooperative Bankinga nd Its Functions

Teaching& The teaching and learning methodology include lecturing, discussions,

Learning problem solving ,and analysis. Take-home assignment will be given at
Methods/strateg the end of each chapter for submission with in a week. Solution to the
y assignmentswillbegivenonceassignmentsarecollected.Caseswithlocal
relevancewillalsobegivenforeachchapterforgroupofstudentstopresent
in a class room. The full and active participation of students is highly

TextBook:
Casu,GirardoneandMolyneuxIntroductiontoBanking2006P
earson Education Ltd.
ReferenceBooks
National Bank directives,www.nbe.gov.et

97
Course Title: Senior Essay
Course Number: ACFN 432
Prerequisite: ACFN 322,411, 412 , 431 and Mgmt 324
Credit hour: 3
ETCTS: 5
Course objective:
Students will be able to relate the theory with the practical application of accounting concepts
and principles
Course Description
As part of the requirement of bachelor degree in accounting and finance, students will be
required to write an essay in accounting or finance related fields under the supervision of an
advisor.
Evaluation Modalities:
1. Advisor‘s evaluation………………………………………… 60%
2 .Examiner‘s evaluation ……………………………………… 40%
Total…………………………………………………………………100%

C. Support Courses

Course Title: Risk Management and Insurance

Course Code: Mgmt 211
Credit Hours: 3hrs
ECTS: 5
Prerequisites: Mgmt 313
Course Description
This course is intended to assist the students in identifying and analyzing risk and in
managing it through insurance and alternative tools. Techniques such as loss control, risk
retention and risk transfer are covered. Still, insurance is often an extremely valuable part
of the overall risk management plans of individuals and firms. The course contains both
theoretical and practical activities that the trainee should pass through to acquire the basic
skills, knowledge and attitudes in accomplishing the organizational activities related to
its coverage.

The subject covers nature, classification, identification and measurement of risk and
contract of insurance. It will discuss other related discipline such as statistics economics,
and law.
Course Objective:
At the end of this course trainees will be able to:
• Explain the meaning of risk, probability and uncertainty and law of large number.
• Classify the various risks with in a society in relation to frequency and severity of
loss in the society.
98
 • Identify major classification of risks that are associated with greater financial and
economical insecurity.
• Perform the major methods of risk management process that are appropriate with the
organizations objective.
• State and explain legal principles of insurance in accordance with insurance law.
• Define different basic terms and insurance characteristics in accordance with
company‘s policy and procedures.
• Describe the major fields of insurance based on their nature.
• Perform the major methods of risk handling that appropriate with the organizational
objectives.
• Explain social benefit and cost of insurance
Course Contents
CHAPTER ONE: Basic Concepts of Risk (6hrs)
1.1. Meaning of Risk
1.2. Uncertainty and its relationship to risk
1.3. Risk versus Probability
1.4. Risk distinguished from peril and hazard
1.5. Classification of risk
1.6. Risk Related to Business
CHAPTER TWO: Risk Management (14hrs)
2.1. Meaning of Risk management
2.2 Risk Management objectives
2.3. Risk identification
2.4. Risk measurement
2.5 Risk measurement & probability distribution
2.5.1. Poisson Probability Distribution
2.5.2. Binomial Probability Distribution
2.5.3. Normal Probability Distribution
2.6. Tools of Risk Management
Chapter Three: Nature and Functions of Insurance (4hrs)
3.1. Nature of insurance
3.2. Requisites of insurable risks
3.3. Benefits and costs of insurance
3.4. Functions and organization of insurers
Chapter Four: Fundamentals of Insurance (6 hrs)
4.1. Legal Principles of Insurance
4.1.1. Principle of indemnity
4.1.2. Principle of insurable interest
4.1.3. Principle of subrogation
4.1.4. Principle of utmost good faith

99
 4.2. Requirements of an insurance contract
4.3. Distinguishing characteristics of insurance contracts
4.4. Law and the insurance agent
Chapter Five: Major Classification of Insurance (18hrs)
5.1. Life insurance
5.2. Health insurance
5.3. Property insurance
5.4. Liability insurance
Teaching and Learning Methods:
Lecture, case analysis & Project, Discussion, Assignments
Evaluation Modalities:
Continuous Assessment ................................................................50%
o Attendance.........................................5%
o Tests................................................. 30%
o Individual Assignments.......................5%
o Team Assignments.............................10%
Final Exam...................................................................................50%
Texts and References
Text Books:
• TeklegiorgisAssefa (2004); Risk Management and Insurance. Mega printing enterprise
Mekelle,
• HailuZeleke (2001), Risk Management & Insurance, Addis Ababa University pres
References
• Dorfman, S. (1998).Introduction to Risk Management and Insurance. 6th ed. Prentice-
Hall Inc.
• Harrington, E., and Gergory R. N. (1999).. Risk Management and Insurance. McGraw-
Hill companies Inc.,
• The Institute of certified Risk & Insurance Managers, Hyberabad, (2002). Management
of Insurance Companies.
• Rejda, Gerge E. (1998).Principles of Risk management and Insurance. 6th ed. Addison-
Wesley Educational publishers Inc.
• Trieschmann, S., and Sandra G. Gustavson, (1998). Risk Management and Insurance.
10th ed. South-Western college publishing, Cincinnati, Ohio,
• Williams, A. C. Jr., Michael, L., and Peter C. Young (1998). Risk Management and
Insurance. 8th ed. McGraw-Hill companies Inc.,
Course Title: Mathematics for Management
Course Code: Mgmt. 221
Credit Hours: 3
ECTS: 5
Prerequisites: None

100
Course Description:
This course is designed to expose management students to the basic concepts and
area of managerial application of mathematics. Topics include: linear equations and
their applications, matrix algebra and its applications, Markov chain analysis and
input output analysis, linear programming, mathematics of finance, elements and
application of calculus.
Course Objectives:
At the end of this course students will be able to:
• Differentiate the various techniques of mathematics that can be employed in
solving business problems
• Know the way these mathematical techniques are utilized
• Appreciate the importance of mathematics in solving real world business
problems
• Use different mathematical techniques for supporting managerial Decisions
Course Content
CHAPTER ONE: LINEAR EQUATIONS AND THEIR INTERPRETATIVE
APPLICATIONS (10 hours)
1.1 Linear Equations, Functions and Graphs
1.2 Applications of Linear Equations
1.2.1 Linear Cost Output Relations, Variable Cost, Fixed Cost, Total Cost,
Average Cost, Marginal cost, Total Revenue, and Total Profit
1.2.2 Break Even Analysis: Model and Solutions
1.2.3 Market Equilibrium Analysis
CHAPTER TWO - MATRIX ALGEBRA AND ITS APPLICATIONS (11 hours)
2.1 Matrix Concepts
2.2 Dimensions and Types of Matrix
2.3 Matrix Operations and Techniques
2.4 Inverse of a Matrix
2.5 Matrix Applications
2.5.1 Solving Systems of Linear Equations
2.5.2 Markov Chains: Concepts, Models and Solutions
CHAPTER Three - INTRODUCTION TO LINEAR PROGRAMMING (14 hours)
3.1 Concepts
3.2 Formulation of Linear Programming Models
3.2.1 The Maximization Problem
3.2.2 The Minimization Problem
3.3 Graphic method of Linear Programming Problem
CHAPTER Four - MATHEMATICS OF FINANCE (14 hours)
4.1 Overview of exponential and logarithmic functions
4.2. Simple Interest and Discount
4.2.1 Computing Simple Interest
101
 4.2.2 Promissory Notes and Bank Discount
4.3 Compound Interest
4.3.1. Compound Amount (Maturity Value)
4.3.2. Present Value (Principal) of Compound Amount
4.3.3. Nominal and Effective Interest Rate
4.4. Ordinary Annuities
4.4.1. Sum of Ordinary Annuity
4.4.2. Sinking Fund Payments
4.4.3. Present Value of Ordinary Annuity
4.4.4. Amortization
4.4.5. MORTGAGE PAYMENTS
CHAPTER FIVE - ELEMENTS AND APPLICATIONS OF CALCULUS (12 hours)
5.1 Differential Calculus
5.1.1 Concept
5.1.2 Rules of Differentiation
5.1.3 First and Second Derivative for Extreme
5.1.4 Business Application of Differential Calculus
5.1.4.1 Marginal Analysis
5.1.4.2 Optimization Problems
5.2 Integral Calculus
5.2.1 Concept
5.2.2 Indefinite and Definite Integration
5.2.3 Rules of Integration
5.2.4 Business Applications of Integral calculus
5.2.4.1 Finding Total functions
5.2.4.2 Area problems
Teaching and Learning Methods
Lecture, Group Discussions, problem based learning
Evaluation Modalities:
Continuous Assessment ..................................................................50%
o Attendance............................................... 5%
o Tests.......................................................... 30%
o Individual Assignments.............................. 5%
o Team Assignments.................................... 10%
Final Exam.........................................................................................50%
Grand Total.......................................................................................100%
Texts and References
TEXT:
• Bowen Earl K et. Al, (1987): Mathematics with applications in Business and
Economics,
References:
102
 • Ann j. Hughes, (1983): Applied Mathematics: For Business, Economics, and the
social Science,.
• Ronald E. Larson and Bruce H. Edwards, (1991): Finite Mathematics with Calculus,
• Ronald J. Harshbager and James J. Reynolds, Mathematics Applications.
• Ronald J. Harshbager and James J. Reynolds, Finite Mathematics, 3rd Ed.
• Hole Poul G., (1974): Finite Mathematics and Calculus with Applications to
Business,.
• Dexter j Booth and John K Turner, (1996): Business mathematics with Statistics, ,
• Teresa Bradley and Paul Patton, (1999): Essential Mathematics for Economics and
Business. Jon Wiley and Sons.
Course Title: Introduction to Management
Course Code: Mgmt 211
Credit Hours: 3
ECTS: 5
Prerequisites: None

Course Description

This course focuses on the basic concepts and principles of management, the functions of
planning, organizing, staffing, directing and controlling, and their relationships to key issues
in management practices, such as leadership and motivation. Decision making and effective
communication are also discussed.
Course Objectives
The course enables students to:
• Define the term management, basic concepts and principles of management.
• Explain the general overview of management in relation to its importance, roles,
skills and universality
• Acquire sound understanding of the nature and practice of management
• Develop a comprehensive understanding of basic concepts of management
functions
Course Content

CHAPTER- ONE - FUNDAMENTALS OF MANAGEMENT (9 hours)

1.1. Definition of Management
1.2. Significance of Management
1.3. Managerial Functions an Overview
1.4. Levels of Management and Types of Managers
1.5. Managerial Roles and Skills
1.6. Universality of Management
1.7. Is Management an art, Science, or profession?

103
 1.8. The Evolution of Management Theories
CHAPTER TWO - THE PLANNING FUNCTION (9 hours)
2.1. Concepts and Need for planning
2.2. Types of plans
2.3. Planning process
2.4. Objectives
2.5. Planning Techniques
2.6. Meaning of decision making
2.7. Rational decision making process
2.8. Types (programmed and non programmed decisions).
CHAPTER FOUR - THE ORGANIZING FUNCTION (9 hours)
4.1. Concept of organizing and organization
4.2. Formal and Informal Organization
4.3. Organization chart
4.4. Departmentalization: Meaning and Bases
4.5. Span of Management
4.6. Authority and power: source of power
4.7. Line and staff authority
4.8. Delegation, centralization and decentralization
4.9. Groups and Committees
CHAPTER FIVE - STAFFING AN ORGANIZATION (3 hours)
5.1. The Meaning and function of staffing
5.2. Training and development function
5.3. Maintenance and utilization
5.4. Separation
CHAPTER SIX-THE LEADING FUNCTION (9 hours)
6.1. Meaning and the need for leadership
6.2. Concept and meanings of Leadership theories
6.3. Concept and meaning of Leadership Styles
6.4. Motivation
6.4.1. The concept of motivation
6.4.2. Theories of motivation
6.4.2.1. Carrot and stick approach
6.4.2.2. Need hierarchy
6.4.2.3. Herzberg‘s theory
6.5. Concept and meaning of communication
CHAPTER SEVEN- THE CONTROLLING FUNCTIONS (6 hours)
7.1. Meaning and need for control
7.2. Control process
7.3. Types of control
7.4. Techniques of control
104
 7.5. Effective control system

Teaching and Learning Methods:

Lecture method, Case studies, Individual and Group Assignments

Evaluation Modalities
Continuous Assessment ...................................................50%
• Attendance......................................................5%
• Tests............................................................... 30%
• Individual Assignments.................................. .5%
• Team Assignments....................................... 10%
Final Exam........................................................................50%
Text:
• Terry R., and Franklin G., (1991): ―Principles of management‖, All India Traveler
book Sellen New Dethi,.
• Koonz H., o‘Donnel C. and Weihrich H., (1980): ―Management‖, McGraw Hill
International New York,.

References:
• Gubta C.B. (1981) Business Organization and Management, Sultan chand& sons,
New Delhi.
• Dale, E. (1981). Management. Theory and Practices McGraw Hill Inc. New York,.
• Luthans, F. (1973). ―Introduction to Management, A Contingency Approach‖,
McGraw Hill Book Company New york,.
• Sisik, H.(1982).Management and Organization, South Western publishing Co.,
Chicago,
• Druker, F., (1973). ―Management: Task and Responsibility‖, IIaper& Row, New
york,
• Druker, F. (1986).‖ The practice of management‖ Haper& Brothers, New York,
• Certo, C. (1986) ―Principles of Modern Management‖, Allyn and Bacon Inc.,
boston,.
• Bushan, Y.K. (1982)―Fundamentals of business Organization and Management‖,
Sultan chand& sons, New Delhi.
• Robert N.Lussier, (1997) Management: concepts, Applications, and skil
development, ―South western college publishing,.
• Hodgets, &Kuralko F., (1991), ―Management,‖ Harcount Brace Jovanovich
publishers, third ed.

105
Course Title: Managerial Statistics
Course Code: Mgmt 313
Credit Hours: 3
ECTS: 5
Prerequisites: Stat 192

Teaching and Learning Methods:

Lecture method, Case studies, Problems Solving Group and Individual Assignments
Course Description:
It is a course in basic statistics with statistical methods, and statistical inference which
have become useful tools in every field of knowledge. The former generally describes
the group characteristics of the particular data, and the latter describes the judgments
based on statistical analysis. Besides, it includes Introduction; data collection and
presentation; measures of central tendency and dispersion; Probability and probability
distribution.
Course Objective:
The course intended to:
• Familiarizes students with basic concepts of statistics
• Equip student with statistical skills and use these skills in the managerial
applications.
• Enable the students to develop an ability to apply statistics in managerial decision
making.
Course Content
CHAPTER ONE: Introduction) (3hours)
1.1. Introduction to Statistics: Definitions, Importance, Types and Stages
1.2. Measures of Association: Covariance, Correlation
CHAPTER TWO: PROBABILITY THEORY (6 hours)
2.1 Introduction, Core concepts and Definitions
2.2. Approaches in Probability: Objective Probability & Subjective Probability
2.3. Counting Rules of Probability
2.4. Probability Rules: Addition and Multiplication
2.5. Bayre's Theorem
CHAPTER THREE: PROBABILITY DISTRIBUTION (10 hours)
3.1 Random Variables: Discrete and Continuous
3.1.1 Discrete Probability Distribution
3.1.1.1 Constructing Probability Distribution
3.1.1.1 Mean and Variance of Discrete Probability Distribution
3.1.1.2 Binomial Probability Distribution
3.1.1.3 Hyper geometric Probability Distribution
3.1.1.4 Poisson Probability Distribution
106
 3.1.2 Continuous /Normal/ Probability Distribution
3.1.2.1 Standardizing Normal Distribution
3.1.2.2 Application of Standard Normal Distribution
3.1.2.3 Normal Approximation to the Binomial & Poisson
CHAPTER FOUR: SAMPLING AND SAMPLING DISTRIBUTION (7hours)
4.1. Sampling the Population: Core Concepts, Reasons and Sampling Errors
4.1.1. Sampling Methods
4.1.2. Probability Sampling Methods
4.1.3. Non- Probability Sampling Methods
4.1.4. Shapes of Sampling Distribution
4.1.5. Application of Sampling Distribution of the Sample Means
4.1.6. The Central Limit Theorem
4.1.7. Statistical Estimation
4.1.7.1. Point Estimates
4.1.7.2. Interval Estimates
4.1.7.3. Constructing Confidence Intervals
4.1.7.3.1. Large Samples
4.1.7.3.2. Small Samples
4.2. Determining Sample Size
4.2.1. Sample Size for the Mean
4.2.2. Sample Size for Proportion
CHAPTER FIVE: TESTS OF HYPOTHESIS (7 hours)
5.1 Core Concepts and Definitions
5.2. Type I and Type II Errors
5.3. Steps for Testing a Hypothesis
5.4. Tails of a Hypothesis Test
5.5. Hypothesis Testing for Large Samples
5.5.1.Testing for the Population Mean (Standard deviation Known and Unknown)
5.5.2.Testing for a Population Proportion
5.5.3.Testing for Two Population Means ( Independent Samples)
5.5.4.Testing for the Difference between Two Population Proportions
5.6.Tests Involving Paired Observation (Dependent and Small Samples)
CHAPTER-FOUR - CHI-SQUAREDISTRIBUTIONS (5 hours)
4.1. Areas of application
4.1.1 Tests for independence between two variables
4.1.2. Tests for the equality of several proportions
4.1.3 Goodness- of fit tests (Binomial, normal, Poisson)
CHAPTER-FIVE- ANALYSIS OF VARIANCE (5 hours)
5.1. Areas of application
5.1.1. Comparison of the mean of more than two populations
5.1.2. Variance test
107
CHAPTER-SIX- REGRESSION AND CORRELATION(4 hours)
6.1 Linear correlation
6.1.1 The coefficient of correlation
6.1.2 Rank correlation coefficient
6.2. Simple linear regression
6.2.1.curve fitting,
6.2.2.the method of least square, r2

Evaluation Modalities:
Texts
Continuous Assessment ................................................... 50%
• Attendance............................................... 5%
• Tests.......................................................... 30%
• Individual Assignments............................. 5%
• Team Assignments................................. 10%
Final Exam.............................................................................50%
Grand Total...........................................................................100%

•
Robert, D. (1999). Statistical Techniques in Business and Economics. 10th ed.
Boston: McGraw Hill.
References
• Amir, D. (1999).Complete Business Statistics. Boston: McGraw-Hill Co.
• Bowerman, B. (1997). Applied Statistics: Improving Business Processes.
Chicago: McGraw-Hill Co., Inc.
• Canavos and Miller. (1999). An Introduction to Modern Business Statistics.
California: Brooks/Cole Publishing Co.
• Chandan, JIts. (1998). Statistics for Business and Economics. New Delhi: Vikas
Publishing House Pvt. Ltd. Co.
• Elfson, Punyon and Haber. (1990).Fundamentals of Social Statistics. 2nd ed.
Boston: McGraw-Hill.
• Kenkel and James. (1989). Introductory Statistics for Management. 3rd ed.
Boston: Pws-Kent Publishing Company.
• Levin and Rubin. (1997).Statistics for Management.7thed. New Delhi: Pearson
Education.
• Mason, D. (1994). Basic Statistics for Business and Economics. Boston: IRWIN,
Inc.
• Meier, J. and Brudney (2002). Applied Statistics. 5th ed. California: Thomson
Learning, Inc.
• Veerarajan, T. (2003). Probability, Statistics and Random Processes. 2nded. New
Delhi: Tata McGraw-Hill Publishing Co. Ltd.

108
Course Title: Business Research Methods
Course Code: Mgmt 324
Credit Hours: 3 hrs
ECTS: 5
Prerequisites: Mgmt 313

Teaching and Learning Methods

Lecture Method, Discussion, Case Studies Method.
Term paper: students are expected to evaluate different literatures and are expected
to write a research Proposal.
Course Description
This course is a survey course intended to develop the students‘ ability in scientific
analysis and to provide opportunity for application of concepts and tools in the study of
economic and social problems. It also gives students a preliminary knowledge with the
art of using different research methods, techniques in solving research problems.
Specifically, it covers scientific inquiry; experimentation; survey; fact finding, design of
questionnaire and interpretation of data; and formulation of management research project
by students.
Course Objective
At the end of this course, students should be able to
• Understand the role of business research
• Differentiate the different types of research
• Identify and define research problem
• Design appropriate research design
• Know sampling design
• Differentiate types of data and instrument of data gathering methods
• Analyze and interpret data
• Prepare standard research project
Course Contents
CHAPTER ONE: Research Methods: An introduction (6 hours)
1.1. Meanings of Research
1.2. Types of Research
1.3. Motivation of doing Research
1.4. Research and Scientific Method
1.5. Research Process
1.6. Criteria of Good Research
CHAPTERTWO: - Defining Research Problem and Hypothesis Formulation (5 hours)
2.1. What is Research Problem?

109
 2.2. Techniques and Approaches to Problem Definition
2.3. Problem Formulation, Research Question and Hypothesis
CHAPTER THREE - Research Proposal (7 hours)
3.1. What is a Research Proposal?

3.2. Functions of Research Proposal

3.3. General Format of research Proposal
CHAPTER FOUR - Research Design (planning of research project) (6 hours)
4.1. Meaning of Research Design
4.2. Important Concepts Concerning Research Design
4.3. Features of Research Design
4.4. Forms of Research Design
4.4.1. Research Design for Non-experimental Research
4.4.2. Research Design for Experimental Research
4.4.3. Case study design
CHAPTER FIVE - Sources and Methods of data collection (9 hours)
5.1. Primary data
5.1.1. Source
5.1.2. Data collection method
5.2. Secondary
5.2.1. Source
5.2.2. Data collection Method
CHAPTER SIX - Sample Design and Procedure (6 hours)
6.1. Some Fundamental Definitions
6.2. Sampling Procedure
6.3. Sampling Techniques
6.4. Central limit Theorem and Sampling Theory
CHAPTER SEVEN - Data analysis (an overview) (6 hours)
7.1. Data Processing
7.2. Data Analysis
7.2.1. Descriptive Analysis
7.2.2. Inferential Analysis
7.3. Data analysis software
CHAPTER EIGHT - Interpretation & reporting the research result (3 hours)
8.1. Meaning & Techniques of Interpretation
8.2. Organization & Types of Reports

Evaluation Modalities
Continuous Assessment ...........................................................................50%
o Attendance...............................................5%
o Tests.......................................................... 30%
110
 o Individual Assignments....................... …..5%
o Team Assignments...............................…10%
Final Exam.............................................................................50%
Grand Total.............................................................................................100%
Text
William G. Zikmund (1998). Business Research Methods, fifth edition, Oklahoma State
University, The Dryden Press, USA

References:

• Babbie (1973). Survey Research Method. Wadsworth Publishing Company, Inc,

USA.
• Green E. D. S. Tull& Gerald Albaum (1998). Research for Marketing Decisions.
Prentice - Hall of India, Private Limited, New Delhi.
• Joseph Gibaldi (1995). MLA Handbook for Writers of Research Papers, forth edition.
The Modern Language Association of America, USA.
• Hussey J & Hussey R (1997). Business Research, a practical guide for undergraduate
and postgraduate students Macmillan Press LTD, Great Britain.
• Kenneth R. Hoover (1988). The Elements of Social Science Thinking (Fourth
Edition). St. Martin‘s Press, New-York, USA
• C.R. Kothari. (1990). Research Methodology, Methods & Techniques.
• Lawrence F. Locke, WaneenWyrickSpirduso& Stephen J. Silverman (1993). Proposal
That Work, A guide for Planning Dissertation and Grant, Sage Publications, Inc.
Newbury Park, California
• DR. Vatsyayan (1989). Methods & techniques of Social Survey and Research (in
questions & answers). KedarNath Ram Nath, New Delhi.
• Robert K. Yin (1994). Case study Research, Designs and methods (second edition),
Sage Production Editor, USA.

Course Title: Fundamentals of Marketing

Course Code: Mrkt 312
Credit Hours: 3hrs
ECTS 5
Prerequisites: None
Teaching and Learning Methods:
Lecture, Term paper (students are expected to prepare marketing plan), Case Studies
Course Description
The course covers an overview of marketing, the marketing environment, types of
markets, product decision, product development, branding and packaging, pricing
decisions, factors influencing' pricing, pricing techniques, distribution decision: channel
111
 and physical distribution decision, promotion decision: types of promotional messages
and media.
Course Objective
Upon completing this course, the student will be able to:
• Define basic/core marketing principles/ concepts
• Describe the marketing plan process and strategy
• Identify and analyze marketing environment
• Explain the bases of market segmentation and consumer buying behavior
• Define and classify products/ product mix
• Explain the importance and role of product development ;
• Discuss marketing channel concept, examine the structure and function of the
channel system, physical distribution and materials management
• Describe the role of promotion mix and identify factors affecting the choice of
promotional methods
• Analyze the importance of pricing and examine key factors that may influence
marketers pricing decisions
Course Contents
CHAPTER ONE- An overview of Marketing and Marketing Management (6 hours)
1.1. Marketing and its core concepts
1.2. Philosophies of marketing
1.3. Importance of marketing
1.4. Scope of marketing
1.5. Companies‘ orientation to marketing
1.6. Goals of marketing system
CHAPTER TWO - Marketing Environments (4 hours)
2.1. Meaning of marketing Environment
2.2. Internal and External Marketing environmental Elements
CHAPTR THREE - Buying Behavior (6 hours)
3.1. Consumer buying behavior
3.1.1. The buyers decision process
3.1.2. Major factors influencing buying behavior
3.1.3. Consumer buying, role
3.2. Organizational buying behavior
3.2.1. Characteristics of Business Market
3.2.2. Buying situations in organizational buying
3.2.3. Decision making process in organizational buying
3.2.4. Influence on organizational buying decision
CHAPTER FOUR - Market Segmentation, Targeting and Positioning (6 hours)
4.1. Market segmentation
4.1.1. Meaning of Market segmentation

112
 4.1.2. Basis of segmenting the market
4.1.3. Importance of Segmentation
4.1.4. Procedures of Market Segmentation
4.2. Targeting the Market
4.3. The concept of positioning
CHAPTER FIVE - Managing Marketing Mix Elements (20 hours)
5.1. Product planning
5.1.1. Meaning of a product
5.1.2. Classification of a product
5.1.3. Product Life cycle
5.1.4. New Product Development Process
5.1.5. The Concept of Product Mix and Product Line Introduction to
Branding, Packaging 'and Labeling
5.2. Pricing Decision
5.2.1. Meaning of Price
5.2.2. Pricing Objectives
5.2.3. Factors Affecting Pricing Decisions
5.2.4. General Approach to Pricing
5.3. Placing the Product
5.3.1. Meaning and Importance of Distribution
5.3.2. Factors Influencing channel Decision
5.3.3. Channel Decision
5.4. Promoting the product
5.4.1. Meaning of Promotion
5.4.2. The purpose of promotion
5.4.3. Promotional Mix Elements:
5.4.3.1. Advertising
5.4.3.2. Sales Promotion
5.4.3.3. Public Relation and publicity
5.4.3.4. Personal Selling
• Value Chain Analysis (3 hours)

Evaluation Modalities
Continuous Assessment ............................................................50%
• Attendance............................................... 5%
• Tests.......................................................... 30%
• Individual Assignments....................... .5%
• Team Assignments................................ .20%
Final Exam..................................................................................50%
Grand Total.....................................................................1………100%

113
Texts
• Kotler, P., (2004). Principles of Marketing, 10th Ed. Prentice-Hall Inc, New Delhi
References
• Christopher, M. and McDonald, M. (1995) Marketing: and Introductory Text, Great
Britain Bath press, ,.
• Baker, J. (1996) Marketing: An Introductory Text, Bata Press,.
• Baker, J. (1995) Marketing Great Britain: Theory and Practice Bath Press, ,.
• Kotler, Philip, (2003). Marketing Management,: Analysis, Planning Implementation,
and control, 10th Ed. New Jersey, U.S.A
• Lancaster, G. and Reynolds, P. (1995). Marketing. Reed Educational and Professional
publishing Ltd.,
• Dickson, R., (1997) Marketing Management 2nd ed., U.S.A: the Dryden Press.

Course Title: Human Resource Management

Course Code: Mgmt 322
Credit Hours: 3 hrs
ECTS: 5
Prerequisites: Mgmt 211
Teaching and Learning Methods:
Lecture, Individual and Group work, case studies, Term paper
Course Description:
Human Resource management belongs to all organizations. Its focal point is people; people
are the life blood of organizations. It emphasizes on: human resources planning and
development, recruitment, selection of personnel, induction, placement, training and
development; techniques of performance appraisal; wage and salary administration and /or
the human factor in work design & compensation plans & incentive schemes; morale and
motivation; discipline; maintenance and safety; industrial relations; collective bargaining;
grievances and grievance handling. It also focuses on newly emerging issues of Human
resource like diversity and its management, empowerment, HIV AIDS and the workplace.
Course Objective:
At the end of this course student will be able to:
• Gain an insight about the operative functions of personnel Management
• Understand the importance and significance of human resource as an asset
• Acquire a broader perspective on managing human resource effectively.
• equip students with a realistic over view of major principles and techniques of human
resource management system
• understand the dynamic nature and applications of human resource management in
business and other organizations

114
 • make students be aware of the environmental influence experiencing human resource and
how to deal with these factors
• have a clear understanding of human resource handling mechanism
Course content

CHAPTER ONE: AN OVER VIEW (3 hours)

1.1. Definition and back ground
1.2. Importance of Human resource management
1.3. Evolution and Development of Human resource Management
1.4. Human Resource management objectives
CHAPTER TWO: HUMAN RESOURCE MANAGEMENT ENVIRONMENTS (3 hours)
2.1. The external environment
2.2. The internal environment
CHAPTER THREE: JOB ANALYSIS (6 hours)
3.1. Meaning and definition of job analysis
3.2. Steps in job analysis
3.3. Methods of collecting job analysis information
3.4. Importance of job analysis information
3.5. Potential problems with job analysis
3.6. Elements of the Job Analysis
3.6.1. Job Description
3.6.2. Job Specification
3.6.3. Job Design
3.6.4. Job Evaluation
CHAPTER FOUR: HUMAN RESOURCE PLANNING (5 hours)
4.1. Meaning and definition of Human resource planning
4.2. Importance of human resource planning
4.3. Steps [procedures] in human resource planning
4.4. Factors affecting human resource planning
CHAPTER FIVE: RECRUITMENT & SELECTION (6 hours)
5.1. Employee Recruiting
5.1.1. Features of recruitment
5.1.2. Purpose of recruitment
5.1.3. Factors governing recruitment
5.1.4. Sources and methods of recruitment
5.2. Employee Selection
5.2.1. Selection criteria
5.2.2. The selection process
5.2.3. Factors governing selection
5.3. Orientation [induction]
5.3.1. Purpose of orientation
115
 5.3.2. Levels of orientation
CHAPTER SIX: TRAINING AND DEVELOPMENT (6 hours)
6.1. Objectives of training and development
6.2. Process of training and development
6.3. Training methods
6.4. Career development
CHAPTER SEVEN - PERFORMANCE APPRAISAL (5 hours)
7.1. Purpose of performance appraisal
7.2. Performance appraisal steps
7.3. Problems associated with performance appraisals
7.4. Performance appraisals methods
CHAPTER EIGHT – COMPENSATION AND MOTIVATION (4 hours)
8.1. Importance of compensation
8.2. Factors affecting compensation
8.3. Employee benefits and service
8.4. Meaning of Motivation
8.5. Purposes/importance of Motivation
8.6. The Motivation process
8.7. Motivation Theories
CHAPTER NINE - INTEGRATION AND MAINTAINACE (3 hours)
9.1. Employee discipline
9.2. Labor relation
9.3. Collective bargaining
9.4. Grievance handling
CHAPTER TEN - PROMOTIONS TRANSFERS AND SEPARATION (4 hours)
10.1. Purpose of transfer
10.2. Types of promotion
10.3. Reason for transfer
10.4. Types of transfer
10.5. Types of separation

Evaluation Modalities:
Continuous Assessment ...................................................50%
o Attendance...............................................5%
o Tests..........................................................30%
o Individual Assignments........................5%
o Team Assignments.................................10%
Final Exam.............................................................................50%
Grand Total.....................................................................100%

116
 Texts and References

Text:
• John. M. Ivancevich (2005), Human Resource Management, 9th ed., New Delhi: Tata,
McGraw Hill.
Reference:
• Byars, L. (1994). Human resource management, Boston
• Byars, Lioyd L. (1994) Human resource management Illinois
• Dessler Gary (2003). Human Resource Management, India
• Schuler, Randall, S. (1996). Human resource management positioning for the 21st century
(instructors manual). New York
• Margaret, A. and Stuart, D. Mock (1999) : Personnel management ,
• Shaun, T. and Alford, Y. (2001). An introduction to Human resource Management 1st ed,

Course Title: Microeconomics

Course Number Econ-221
Degree Program
Credits 3
Prerequisite Econ-1011
Semester
Status of course Supportive
Course Objective& To introduce students to the fundamental concept of
competences to be acquired individual decision-making units such as consumers,
business firms and resource owners and income
distribution
Acquaint the students with the neoclassical theory of
consumer behaviour, how each consumer makes decision to
maximize her/his utility.
Provide the students with a detailed theories of production 
and cost, how firms organize their production process, how
firms decide to minimize costs.
The course also covers the theories of market structure, the
neoclassical theory of pricing for three product market
structures (pure monopoly, monopolistic competition and
oligopoly market structures), factor market pricing and
game theory.

Course Description The course cover theories of consumer behaviour, producer

behaviour and theories of market structure, the neoclassical theory
of pricing for perfectly competitive market, pure monopoly,
monopolistic competition and oligopoly market structures,. It
117
 begins presenting the assumptions underlying each theory; it
proceeds on analysing the behaviour of economic unit (the
consumer or producer) in an attempt to meet its objective and
finding the equilibrium of these economic units.
Teaching & Learning • Lecture Method
Methods • In-class problem solving
• Group Work
• Assignment

Assessment/Evaluation& Attendance 5%
Grading system Quiz 5%
Test-I 15%
Test-II 15%
Assignment 10%
Final Exam 50%
Total Mark 100%

Chapter Lecture Topic

1. Consumer Preferences and Choices

1.1. Consumer Preference

1.2. Utility
2. Approaches to measure Utility

2.1. The Cardinal Utility approach

2.1.1. Assumptions of Cardinal Utility theory
Chapter 1. Theory of 2.1.2. Total and Marginal Utility
Consumer Behaviour and
demand 2.1.3. Law of diminishing marginal Utility
(LDMU)
2.1.4. Equilibrium of a consumer
2.1.5. Derivation of the Cardinalist Demand
2.2. The Ordinal Utility Approach
2.2.1. Assumptions of Ordinal Utility approach
2.2.2. Indifference Set, Curve and Map
2.2.3. Properties of Indifference Curves

118
 2.2.4. The Marginal rate of substitution (MRS)
2.2.5. Types of Indifference Curves
2.3. The Budget Line or the Price line
2.3.1. Factors Affecting the Budget Line
2.3.1.1.Effects of changes in income
2.3.1.2.Effects of Changes in Price
2.4. Optimum of the Consumer

2.4.1. Effects of Changes in Income and Prices on

Consumer optimum

2.4.1.1. Changes In Income: Income

Consumption Curve and the Engel Curve
2.4.1.2. Changes in Price: Price Consumption
Curve (PCC)
2.5.Elasticity of demand

Chapter 2.Choice–Involving
risk and uncertainty 2.1. Introduction
2.2. Expected utility
2.3. Risk aversion
2.4. Diversification
2.5. Risk spreading

Chapter3.The Theory of 1 Production function

Production 2. Laws of production
. The law of variable proportions
2.2. Laws of returns to scale
3. Choice of optimal combination
of factors of production

4.1. Short-Run Costs

4.2. Long-Run Costs
Chapter 4. Theory of Costs 4.3.Derivation of Cost Functions from
Production functions

5.1 The Short-Run Equilibrium of the Firm and industry

. Market Equilibrium
Chapter 5. Perfect
Competition Market

119
 6.1.Characteristics and source of monopoly
6.2.Short Run and Long-Run Equilibrium
Chapter 6. Pure Monopoly
6.3.price discrimination
Market
6.4.Multi-Plant Monopolist

7.1. Assumptions
Chapter 7. Monopolistic
7.2.Product Differentiation, the demand curve and cost of the firm7
Competition
7.3.Short-run equilibrium of the firm
8.1. Non Collusive Oligopoly
Chapter 8. Oligopoly 8.2.Collusive Oligopoly

9.1. Dominant Strategy Equilibrium

2. Nash Equilibrium
Chapter 9. Game Theory 3. Mixed Strategy Equilibrium
. Prisoner‘s Dilemma

10.1. Factor pricing in a perfectly competitive market

10.1.1. The demand for factors of production

10.2. Factor pricing in imperfectly competitive markets

10.2.1. Monopolistic power in product market

10.2.2. Monopolistic power in the factor market (monopsony)

10.2.3. Bilateral monopoly

Chapter 10. Pricing of
Factors of Production and
Income Distribution

Text Books:
 Unity University Module
 R.S Pindyck and D.L.Rubinifeld,
Microeconomics

References:
120
  Koutsoyiannis, (2012), Modern Microeconomics
 H.S. Agrawal, (2008), Principles of Economics, 7th edition.
 Hal R. Varian(2011), Intermediate Microeconomics, 5th ed: A Modern Approach,
Forth
Edition
 C. Ferguson(2006),, Microeconomic Theory
 E. Mansfield, (2004), Microeconomics: Theory and Applications 
 Robert H. Frank(2007),4th ed, Microeconomics and Behavior








Course Title: Macroeconomics
Course Number Econ-212
Degree Program
Credits 3
Prerequisite Econ-1011
Semester
Status of course Supportive
Course Objective& In this course, students are exposed to look at the aggregate analysis
competences to be acquired
of an economy and the interrelationship between various aggregate
economic variables. It also incorporates the monetary and fiscal
policy instruments through which government can influence the
value and dynamics of aggregate economic variables and thereby
the performance of economies. It also presents the analysis of
transmission mechanism of the effect of macroeconomic policies on
the behavior of economic agents. Generally, the course enhances the
knowledge of the students regarding the functioning of the economy
as a whole as well as the rest of the world thereby to develop a closer
link between academic learning and the professional practice in
analyzing various economic aspects.

Course Description This course focuses mainly on short run analysis of an economy or
business cycle. Hence, the main aim of this course is to present and
discuss the different views of economists (as represented by school
of thought) on how an economy behaves in the short run, how
121
 equilibrium is achieve in the short run, and the role of market forces
and government in short run economic stabilization. For this
purpose, this part is divided in to three parts: Introduction, aggregate
demand and supply analysis of a closed economy, and the analysis
of open economy macroeconomics.

Teaching & Learning • Lecture Method

Methods • In-class problem solving
• Group Work
• Assignment
Assessment/Evaluation& Attendance 5%
Grading system Quiz 5%
Test-I 15%
Test-II 15%
Assignment 10%
Final Exam 50%
Total Mark 100%

Chapter Lecture Topic

1.1 What macroeconomics is about?

1.2 Basic Concepts and Methods of Macroeconomics
Analysis

Chapter 1: The State of 1.3 Macroeconomic Goals and Instruments

Macroeconomics – 1.4 The State of Macroeconomics: Evolution and Recent
Introduction
Developments
Classical macroeconomics
Keynesian macroeconomics
Neo-classical macroeconomics
2.1 The concepts of GDP and GNP
2.2 Approaches of measuring national income (GDP/GNP)
Chapter 2: National Income 2.3 Nominal versus Real GDP
Accounting
2.4 The GDP Deflator and the Consumer Price Index
2.5 GDP and Welfare

122
 2.6 The Business Cycle
2.7.Unemployment and Inflation
Chapter 3:Aggregate 3.1. Foundations of Theory of Aggregate Demand
Demand in the closed
3.2. The Goods Market and the IS curve
Economy
3.3. The Money market and the LM curve
3.4. The Short Run Equilibrium
3.5.From the IS-LM to Aggregate demand
Chapter 4:Aggregate 4.1.International flows of Capital Goods
Demand in the Open
4.2. Saving and Investment in the Small Open Economy
Economy
4.3.Exchange rates
4.4.The Mundell-Fleming model
4.5.Fiscal and monetary policies in an open economy with
perfect capital mobility
Fixed exchange rate
Floating exchange rate
4.6 Limitations of the Mundell-Fleming model
Chapter 5: Aggregate 5.1. Introduction
Supply
5.2. The Classical Approach to Aggregate Supply

5.3. The Keynesian approach to Aggregate Supply

5.3.1. The Sticky Price model

5.3.2. The Sticky Wage Model

5.3.3. The worker- misperception model

5.3.4. Imperfect information Analysis

Text Books:
 Unity University Distance Module
 N. Gregory Mankiw, 2013, Macroeconomics 6th edition Worth Publishers USA

References:

123
References:
 William H. Branson, 2006 Macroeconomic Theory and Policy

Dornbusch, R. and S. Fischer(2006): Macroeconomics

 Eduard Shapiro, 2007. Macroeconomic Analysis 5th edition New Delhi

 Olivier Blanchard, 2007.Macroeconomics Prentice Hall Inc. New jersey USA

 Frederick Mishkin, 2011. The Economics of Money, Banking and Financial Markets
10th
edition USA.

 Colander, 2001. Macreconomics 4th edition Newyork





Course No. ENLA 102
Course Title Basic Writing Skills
Credit Hours 3
ETCTS. 5
Prerequisites Enla 100
Course
Description This course is mainly designed to develop the writing and
comprehension skill of learners. The course deals with writing
skills: producing grammatically correct and meaningful
sentences; combining sentences; subordination and co-
ordination; topic sentence; details in paragraphs; concluding
sentences; principles o writing; unity, coherence, emphasis,
interest; patterns of– effect, illustration, definition, identification,
analysis, comparison and contrast, classification, combination
method; topic selection; topic selection; outlining; drafting;
revising essays; mechanics of writing; punctuation,
capitalization, words frequently misspelled and confuse;
indentation; essays of deferent discourse.

Course Objective This course is designed to help learners achieve the objectives
below
Use mechanics(capitalization and punctuation marks
correctly in writing
Revise sentences for faulty writing
Join sentences to achieve coherence
Understand writing as a process
Compose appropriate topic, supporting and concluding
sentences
Plan and write various kinds of paragraphs
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 Plan and write various kinds of essays
Teaching and Brief lectures on essential items
Learning Individual assignments
Methods Group assignments/works
Presentations by students
Brainstorming
Question and answer sessions, etc
Attendance 80% and Above to Sit for the Final Examination.
Requirements

Course Contents:
Chapter one: Mechanics
Capitalization
Punctuation marks
Chapter two: Revising and joining sentences
2.1. Revising sentences for faulty writing
2.2. Joining sentences
Chapter three: The process of writing
3.1 The pre-writing stage
3.2. Writing the rough draft
3.3. Revising
Chapter four: Basics of paragraph writing
4.1. What is a paragraph?
4.2. Paragraph structure
4.3. Writing topic sentences
4.4. Writing the body of your paragraph (supporting sentences)
4.5. Writing concluding sentences
Chapter five: Types of paragraph
5.1. Descriptive paragraph
5.2. Narrative paragraph
5.3. Explanatory paragraph
5.4. Persuasive paragraph
Chapter Six: Essay Writing
6.1. What is an essay?
6.2. Essay structure
6.3. Planning an essay
6.4. Types of essays (description, narration, exposition, persuasion)

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 30%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… ..100%
Text:
AlamirewK(2010) Basic Writing Skills.(a compilation) Unity University
References
125
 Raghukui T.(1997) New Pattern English Grammar and Composition. New Delhi
Jordan, A.(1995) Academic Writing Course

Course No. Psyc 201

Course Title General Psychology
Credit Hours 3
ETCTS 5
Prerequisites No
Course This is a general course designed to help students conceptualize
Description the nature of human behavior and the implications thereof. Basic
facts and principles on areas such as development; learning;
perception; memory; personality and psychological disorders;
concepts of mental health; the implications of facts and principles
for understanding; predicting and managing behavior in daily life
will also be discussed.
Course Objective Understand the meaning and concepts of psychology
Understand and explain psychology as a science
Understand how psychology can help solve practical problems
Explain the meaning, concepts and theories of human growth and
development
Understand and explain the biological bases of behavior
Discuss theories of personality
Identify social perceptions, influences and relationships
Understand and explain psychological disorders
Identify psychological approaches to psychological disorders
Understand and explain social thought and social behavior
Teaching and Pre-class Reading, Socratic Dialogue Type of Lecture, Gold fish
Learning style of teaching
Methods
Attendance 80 % and above to sit for the Final Examination
Requirements

Course Outline
Chapter One: PSYCHOLOGY: What it is & how it developed
1.1 A Definition of Psychology
1.2 Application: Psychology can help solve Practical Problems
1.3 Philosophy& Science: The Dual Roots of Modern Psychology
1.4 Some Early Views on Psychology
1.5 Psychology During the Twentieth Century how it Developed
1.6 Modern Psychology: Some key Perspectives:
• The Behavioral Perspective
• The Cognitive Perspective
• The Psychodynamic Perspective
• The Humanistic Perspective
• The Evolutionary Perspective

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 • The Bio-psychological Perspective
• The Socio- cultural Perspective
1.7 Branches of Psychology
• Clinical Psychology
• Counseling Psychology
• Developmental Psychology
• Cognitive Psychology
• Educational Psychology
• Industrial /Organizational Psychology
• Psychobiology (Physiological Psychology)
• Social Psychology
• Experimental Psychology
1.8 Methods of Research in Psychology
• Experimental Method
• Naturalistic Observation Method
• Survey Method
• Case Study Method
• Clinical Method
Chapter 2: BIOLOGICAL BASES OF BEHAVIOR
• The Nervous System & the Development of Behavior
• The Endocrine Glands & the Development of Behavior
Chapter 3: SENSATIONS & PERCEPTION
• Sensation
• Vision
• Hearing and
• Other Senses
• Perception: The Focus of Our Attentions
Chapter 4: PRINCIPLES OF LEARNING
• Classical Conditioning
• Operant Conditioning
• Gestalt Field Theory of Learning
• Observational Learning
Chapter 5: HUMAN MEMORY
• Sensory Memory
• Short – term Memory
• Long – term Memory
Chapter 6: MOTIVATION & EMOTION
6.1 MOTIVAITON
o The Activation & Persistence of Behavior
o Theories of Motivation
• Drive Theory
 Arousal Theory of Motivation
 Expectancy of Motivation
 Hierarchy of Motivation
6.2 EMOTIONS: Their Nature, Expression & Impact
o The Nature of Emotions: Some Contrasting Views
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 o The Canon Bard Theory
o James Lange Theory
o Schachter& Singer‘s two – Factory Theory
o Opponent – Process Theory
o The Physiology of Emotion
o The External Expression of Emotion
Chapter 7: PERSONALITY
7.1 The Meaning and Concepts of Personality
7.2 The Psychoanalytic Approach
7.2.1. Freud‘s theory of Personality
• Levels of Consciousness
• The Structure of Personality
• Anxiety & Defense Mechanisms
7.3 Humanistic Theories of Personality
• Roger‘s Self Theory
• Maslow and the Study of Self
7.4 Trait Theories: Seeking the key Dimensions of Personality
o Five Robust Factors: A Modern Framework
o Extraversion
o Agreeableness
o Conscientiousness
o Emotional Stability
o Openness to Experience
Chapter 8: COGNITION: Thinking, Deciding, Communicating
8.1. Thinking: Forming Concepts & Reasoning to Conclusions
8.2. Basic Elements of Thought: Concepts, Propositions, Images
Concepts:
• Artificial and natural concepts
• Reasoning: Transforming Information to Reach Conclusions
• Animal Cognition: Do they Really Think?
• Problem Solving and Creativity
• Problem Solving: an overview
• Methods for Problem Solving: From Trial and Error to Heuristics
Chapter 9: HUMAN GROWTH & DEVELOPMENT
9.1 Physical Growth and Development
9.2.1 The Prenatal Period
9.2.2 Stages of Prenatal Development & Some of Their Characteristics
9.2 Prenatal Influences of Development
9.3 General Principles of Development
o Directions of Development
 Cephalocaudal
 Proximodistal
 Mass to Specific
Physical & Perceptual Development During Early years of Human Life
9.5.1. Infancy and Childhood
Cognitive Development
Piaget‘s Theory: an overview
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 The Sensorimotor Stage
The Preoperational Stage
The Concrete Operational Stage
The Formal Operational Stage
Moral Development
Kohlberg‘s Stages of Moral Understanding
The Preconventional Level
The Conventional Level
The Postconventional Level
Social & Emotional Development
Emotional Development & Temperament
Attachment
Contact, Comfort & Attachment
Chapter 10: PSYCHOLOGICAL ASSESSMENT & TESTING
10.1. Psychological Tests
10.2. Human Intelligence
10.3. The Role of Heredity & Environment in Human Intelligence
10.4. Measuring Human Intelligence
10.5. Individual Difference in Intelligence
Chapter 11: HEALTH, STRESS AND COPING
Health Psychology: an overview
Stress: its Causes, Effects & Control:
Stress: Its Basic Nature
Stress: The Activators of Stress
Physiological Responses to Stressors
Stress: Some Major Causes
Health, Stress Coping
Stress: Some Major Effects:
Stress and Health: The Silent Killer
Stress and Task Performance
Chapter 12: PSYCHOLOGICAL DISORDERS
Changing Conceptions of Psychological Disorders:
A Brief Historical Perspective
From Demons to Disease: Changing Concepts of Abnormal Behavior
The Biological /Medical Perspective: Psychological Disorders as Disease
The Psychodynamic Perspective: Desires, Anxieties and Defenses
Describing Psychological Disorders
Mood Disorders:
Depressive Disorders
The Causes of Depression
Bipolar Disorders
Suicide
1. Anxiety Disorders
Panic Attack
Phobias
Obsessive – Compulsive Disorder
Posttraumatic Stress Disorder
Somatoform Disorders
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 Dissociative Disorders
Eating Disorders
Personality Disorders
Schizophrenia
Chapter 13: PSYCHOTHERAPIES: Psychological Approaches to Psychological
Disorders
13.1. Psychodynamic Therapies:
13.1.1. Psychoanalysis
13.1.2. Beyond psychoanalysis
Humanistic Therapies:
Person – Centered Therapy
Gestalt Therapy
Behavior Therapies
13.3.1. Therapies Based on Classical Conditioning
13.3.2. Therapies Based on Operant Conditioning
13.4. Cognitive Therapies:
13.4.1. Rational – Emotive Therapy: Overcoming Irrational Beliefs
Beck‘s Cognitive Behavior Therapy for Depression
Group Therapies
13.5.1. Psychodynamic Group Therapies
13.5.2. Behavioral Group Therapies
13.5.3. Humanistic Group Therapies
Therapies Focused on Interpersonal Relations
13.6.1. Marital Therapy
13.6.2. Family Therapy
Biologically based Therapies
13.7.1. Early Forms of Biological Therapy
13.7.2. Electroconvulsive Therapy
13.7.3. Psychosurgery
13.7.4. Drug Therapy
The Setting for Therapy:
13.8.1. State Institutions
13.8.2. Community Mental Health Centers
Chapter 14: SOCIAL THOUGHT AND SOCIAL BEHAVIOR
Social Thought: Thinking about Other People
Attribution: Understanding the Causes of Others‘ Behavior
Social Cognition: How we Process Social Information
Social Behavior: Interacting with others
Environmental Psychology: how the physical
Environment Affects Social Behavior – and Vice Versa:
14.2.1. Effects of the Physical Environment
14.2.2. Effects of Human Behavior on the Environment

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests &quizzes …………………………………………………………….30%
3. Individual and group assignment ……………………………….. 15%
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 Total………………………………………………………………………….50%
Final Exam………………………………………………….. ………….50%
Total……………………………………………………………………..100%

Text Book:
Baron, A. (2001).Psychology, third edition.

References
Hrumm, Diane. 2001. Psychology at Work: An Introduction to Industrial/Organizational
Psychology.New York: Worth Publishers
Green Wood, R.Ellen&E. Wood Samuel.1993: The world of Psychology: Allyn& Bacon
Shaver, G.Kelly&Tarpy, M. Roger.1993.Psychology.Macmilan Publishing Company

Course No. Law 201

Course Title Business Law
Credit Hours 3
ETCTS 5
Prerequisites No
Course The primary focus of this course is to introduce students with the
Description concept, principles, and legal framework governing business
transactions, negotiations, undertakings, and contracts. The course
will pay a closer look at the labor law and the commercial code of
Ethiopia. It is aimed at exposing students to the law of contract
(Such as the contract of sale, insurance, and Agency), commercial
instruments, and commercial undertakings.
Course Provide students with a broad understanding of the environment of
Objective business and the statutory provisions that affect the business
Decisions.
Teaching and Lecture method, Case studies, Individual and Group Assignments
Learning
Methods
Attendance 80 % and above to sit for the Final Examination
Requirements
COURSE OUTLINE
CHAPTER ONE - GENERAL INTRODUCTION
1.1. Definition of Law
1.2. Functions of Law
1.3. Meaning of Business Law
1.4. Nature of Business Law
1.5. Sources of Business Law
CHAPTER ONE - LEGAL PERSONALITY
2.1. The concept of the term "personality"
2.2. Physical Persons
2.3. Juridical persons
CHAPTER THREE - BUSINESS AND BUSINESS ENTITIES
3.1. Definition
3.2. Elements of a Business
3.3. Different kinds of Business Entities
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 3.3.1. Sole proprietorship
3.3.2. Partnership
3.3.3. Private companies
3.3.4. Public companies
CHAPTER FIVE – LAW OF CONTRACTS
4.1. CONTRACTS IN GENERAL
4.1.1. Definition
4.1.2. Formation and Elements of contracts
4.1.2.1. Capacity of the parties
4.1.2.2. Consent of the parties
4.1.2.3. Defect in consent
4.1.2.4. Object of contract
4.1.2.5. Form of contract
4.1.3. Effect of contract
4.1.4. Extinction of Obligations
4.1.5. Contract Administration
4.2. LAW OF AGENCY
4.2.1. Definition
4.2.2. Source of Agency
4.2.3. Scope of agency
4.2.4. Duties of Agent
4.2.5. Duties of principal
4.3. LAW OF SALE OF GOODS
4.3.1. Definition
4.3.2. Obligations of Seller
4.3.3. Obligation of Buyer
4.3.4. Common Obligations
4.3.5. Transfer of Risks
4.4. LAW OF INSURANCE
4.4.1. Definition
4.4.2. Types of Insurance
4.4.3. Insurance policy
4.4.4. Rights and Duties of the parties
4.4.5. Insurance of persons
CHAPTER FIVE – LAW OF NEGOTIABLE INSTRUMENTS
5.1. Definition
5.2. Bills of Exchange
5.3. Promissory Notes
5.4. Cheques
CHAPTER SIX – LAW OF BANKING TRANSACTIONS
6.1. Deposits
6.2. Hiring of Safes
6.3. Contracts for current accounts
6.4. Discount
6.5. Credit transactions
CHAPTER SEVEN - LABOR LAW
7.1. Contracts of employment
7.2. Formation and terms of the employment contract
132
 7.3. Work of employee-contractual duties
7.4. Wages and working conditions to employee
7.5. Employer duties-Health, Safety and welfare
7.6. Termination of the employment contract
Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 30%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… .. 100%
Text:
Sen and Mitra( 1998), Commercial Law including company Law, 1998

Reference:
The Civil Code of Ethiopia, 1960
The Commercial Code of Ethiopia, 1960.
S.P.Iyengar and B.K. Goyal, Business Law, 1996

Course No. Comp 105

Course Title Introduction to computer technology
Credit Hours 3
ETCTS 5
Prerequisites No
Course This course introduce fundamentals of hard ware and software of
Description computer systems and including how data are represented in the
computer, the theoretical and practical session are given in parallel.
Course At the end of the course, students will be able to:
Objective Understand information system
Explain how computer works
Create word documents
Use spread sheet program
Manage database
Explain different components in the network
Understand Internet service
Able to represent data in the computer
Teaching and Lecture method, Case studies, Individual and Group Assignments
Learning
Methods
Attendance 80 % and above to sit for the Final Examination
Requirements

Course outline
CHAPTER ONE: Basics of computer
1.1 Hardware
Input device
133
 Output device
CPU
Communication device
Software
1.2 Software
Application software
Operating system
CHAPTER TWO: Over view of information system
Definition of basic IS terms and concepts
CHAPTER THREE: Number system
3.1 Binary number system
3.2 Decimal number system
3.3 Octal number system
3.4 Operation on binary numbers
CHAPTER FOUR: Digital gates
4.1 Definition of basic gates
4.2 Diagrammatical representation of gates
4.3 Mathematical representation of logical gates
4.4 Boolean algebra
CHAPTER FIVE: Computer networks
5.1 Definition of computer network
5.2 Types of computer network
5.2.1 Based on topology
5.2.2 Based on geographical area they covers
5.3 Hard ware and software requirements

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 30%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… .. 100%

Text books
UU (2010) IT and office training Manual .Addis Ababa: Print inc
Reference books
UU (2010) Office and the Internet training Manual .Addis Ababa: Print inc

134
 Course No. Stat 192
Course Title Introduction to Statistics
Credit Hours 3 Cr. Hrs
ETCTS 5
Prerequisites No
Course Meaning of statistics; Methods of data collection; Methods of data
Description presentation; Measures of location; Measures of variation; Moments,
skewness and kurtosis; Counting Techniques; Concepts of Probability
(classical approach); Probability distributions: Binomial, Poisson,
Normal, t and Chi-square; Sampling and Sampling Distribution of the
mean and proportion; Elementary description of the tools of statistical
inference: Basic concepts; Estimation: (Point and Interval) for the
population mean and proportion; Hypothesis testing on the population
mean and proportion; Chi-square test of association. Each topic
should begin with motivating examples.
Course Objective to introduce students the basic statistical knowledge on data collection
and presentation methods, Measures of Central Tendency and
Variation, probability and probability distributions, one sample
inference, regression and correlation;
introduces the basic concepts of statistical thinking and reasoning;
to enable students apply the methods of statistics in scientific research,
decision making and future career;
to demonstrate the importance and practical usefulness of probability
in real life;
to show how probability is a necessary foundation for understanding
statistics;
to demonstrate the importance and usefulness of statistics in real life
and on real data;
to show how to present data informatively and clearly;
to equip students to apply probability and statistical methods to solve
standard problems from a wide range of disciplines;
to give students an appreciation of the limitations of these standard
techniques;
to enable students to communicate the results of their analyses in clear
non-technical language;
Teaching and Brief lectures on essential items, Individual assignments, Group
Learning assignments/works, Presentations by students, Brainstorming,
Methods Question and answer sessions, etc
Attendance 80 % and above to sit for the Final Examination
Requirements

Course Outline
CHAPTER ONE: Introduction
Definition and classification of Statistics
Stages in statistical investigation
Definition of Some Basic terms
135
 Applications, uses and limitations of Statistics
Types of variables and measurement scales
CHAPTER TWO: Methods of Data Collection and Presentation
2.1 Methods of data collection
2.1.1 Sources of data
2.1.2 Methods of collection
2.2 Methods of Data Presentation
2.2.1 Motivating examples
2.2.2 Frequency Distributions: qualitative, quantitative: absolute, relative and
Percentage.
2.2.3 Tabular presentation of data
2.2.4 Diagrammatic presentation of data: Bar charts, Pie-chart, Cartograms
2.2.5 Graphical presentation of data: Histogram, and Frequency Polygon
CHAPTER THREE: Measures of Central Tendency
Motivating example
Objectives of measures of central tendency
Summation notation
Important Characteristics of a good average
3.5 Mean
3.5.1. Arithmetic Mean
3.5.2. Geometric Mean
3.5.3. Harmonic Mean
3.6 Median
3.7 Mode
CHAPTER FOUR: Measures of variation (Dispersion), Skewness and Kurto
Motivating examples
Objectives of measures of central tendency
Measures of Dispersion (Variation)
Range
Variance, Standard Deviation and coefficient of variation
Standard scores
Moments
Skewness
Kurtosis
CHAPTER FIVE: Elementary Probability
Introduction
Definition & some concepts (Experiment, sample, event, equally likely outcomes,
mutually exclusive events, independent events)
Random experiments
Counting rules: addition, multiplication rules, permutation and combination
Definitions of probability (probability of an event)
Some rules of probability
CHAPTER SIX: Probability Distributions
Definition of random variables (discrete and continuous) and probability
distributions
Introduction to expectation: mean and variance of random variable
Common discrete distributions: binomial and Poisson
Common continuous distributions: Normal, t, and chi-square distribution
136
CHAPTER SEVEN: Sampling and Sampling Distributions of the Mean
7.1 Basic concepts (population, sample, parameter, statistic, sampling frame,
Sampling unit, sampling error, sample size)
7.2 Reasons for Sampling
7.3 Different types of Sampling (Probability vs Non probability Sampling
Techniques)
Simple random sampling (lottery method, table or computer generated random
numbers)
Sampling distribution of the sample mean and proportion
Central limit theorem
CHAPTER EIGHT: Estimation and Hypothesis Testing
8.1 Estimation
8.1.1 Motivating examples
8.1.2 Point estimation: mean and proportion
8.1.3 Interval estimation: mean and proportion
8.2 Hypothesis Testing
8.2.1 Motivating examples
8.2.2 Important concepts in testing a statistical hypothesis
8.2.3 Steps in testing a hypothesis
8.2.4 Hypothesis testing about the population mean
8.2.5 Hypothesis testing about the population proportion
8.2.6 Chi-square test of association
CHAPTER NINE: Simple Linear Regression and Correlation
9.1 Motivating examples
9.1 Introduction: regression and correlation
9.2 Simple Linear Regression
9.3 Correlation Coefficient

Evaluation Modalities:
1. Attendance and class participation……………………………… 5%
2 .Tests & quizzes ………………………………………………… 30%
3. Individual and group assignment ……………………………….. 15%
Total…………………………………………………………… 50%
Final Exam………………………………………………….. 50%
Total……………………………………………………… .. 100%

Textbook
Bluman, A.G. (1995). Elementary Statistics: A Step by Step Approach (2nd edition).
Wm. C. Brown Communications, Inc.
References
Coolidge, F.L.(2006). Statistics: A Gentle Introduction (2nd edition).
David, S.M., McCabe, P. and Craig, B. (2008).Introduction to the Practice of
Statistics (6th edition). W.H. Freeman.
EshetuWencheko (2000). Introduction to Statistics.Addis Ababa University Press.

137