California Miramar University-Kenya
"Educating Tomorrow's Business Leaders Today"

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Utalii Lane, Off Utalii Street, Nairobi

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MBA Certification in Finance-Online and Hybrid Programs


"United States is the birth place of Management studies and the best place to learn management qualities. I grew up in India and then moved to the United States. My aim was not only to earn a MBA degree, but to learn the subjects from core. I was searching for an university, perfect for working professionals and found the excellent reviews for California Miramar University. My experience here from the first day till now is awesome, everyone is extremely helpful and understanding. Professors are outstanding. As I've my MSc. in Applied Mathematics from University of Calcutta (one of the top 500 universities around the world), my academic adviser has suggested me to opt Finance as my emphasize, which I found the best advice one can have. I want to mention that I belong to a family of professors, my parents are professors and my maternal grandfather too. My father is in mathematics research, guiding students in PhDs, so he has visited lots of countries for conferences and met experts from those areas. Whenever those professors visited India I met them and gathered knowledge. I would say CALMU has added some more world class professors to my list of outstanding professors. I'm a fan of CALMU and I'm looking forward to continue my journey with California Miramar University to their DBA program."
Krishnarpita Bera
MBA Finance Student, Class of 2012

The MBA Curriculum consists of 13 courses:
9 Required Core Classes, including the Business Strategy Capstone
4 Area of Emphasis Courses

Finance MBA students at California Miramar University choose 4 Finance courses from the following list:

  • FIN 6001 Security Markets and Investments
  • FIN 6002 Financial Institutions and Markets
  • FIN 6003 Financial Statement Analysis and Valuation
  • FIN 6651 International Finance
  • FIN 6005 Advanced Corporate Finance


FIN 6001 Security Markets and Investments
This course focuses on securities markets, risk-return characteristics of investment, concepts of security analysis, various financial instruments, and investment and portfolio strategies of individual and institutional investors.
(3 credit hours)

FIN 6002 Financial Institutions and Markets
Focuses on the management of financial institutions, and the functions of money in capital markets. Topics include risk management, deposits and deposit insurance, liquidity, reserve requirements, capital adequacy, liability management, investment interest rate risk and current issues connected with financial institutions.
(3 credit hours)

FIN 6003 Financial Statement Analysis and Valuation
Examines advanced topics in corporate finance with an emphasis on valuation as a central concept. This course introduces techniques of valuation and the corporate decisions that affect value. These decisions include the areas of financial analysis, ownership structure, acquisitions, dividends, compensation and agency theory.
(3 credit hours)

FIN 6651 International Finance
Addresses international monetary systems, balance of payments, adjustment mechanisms, international interdependence, and the relationship between domestic monetary and exchange rate policies. This course also presents arbitrage and arbitrage like transactions playing a key role in financial contracts, as well as the finance methodologies of multinational corporations, foreign exchange and banker’s acceptances.
(3 credit hours)

FIN 6005 Advanced Corporate Finance
This course uses an intensive analysis of various case studies to develop the student's ability to make financial decisions. Discussions include: performance evaluation, working capital management, dividend policy, capital structure policy, use and valuation of derivatives, capital budgeting and mergers and acquisitions.
(3 credit hours)

Program Application Fee No of Courses Tuition per Course Total Program Tuition

MBA Certification in Finance

Kshs 3,000/= 13 Kshs 28,000/= Kshs 364,000