Faculty of Business and Economics

Faculty of Business and Economics
Faculty of Business and Economics is the pioneer faculty launched in November 2011/12 at Woreta. The faculty started its operation in Accounting and Finance and Economics Undergraduate Degree programs in both regular and extension  followed by Management and Tourism & Hotel Management as the third & fourth undergraduate degree programs launched in 2012/13 & 2015/16 respectively at the root place of history of Tewodros II the first industrial center of Africa; Debretabor, Gafat. In 2015/16 the faculty also opened a post graduate program in Development Economics.
Staff profile of Faculty of Business and Economics 2015/2016

 
Department
Educational Status  
Grand Total
Phd MSc (MBA) First Degree
M F Total M F Total M F Total
Management 14 3 17 3 3 20
Accounting & Finance 9 1 10 10 3 13 23
Economics 2 2 9 2 11 9 2 11 24
Tourism & Hotel Management 3 3 2 1 3 6
Total 2 2 35 6 41 24 6 30 73

 

In line with the main objective of the university, the Faculty staff members are committed to conduct community based research & serve the community on areas of Business and Economics in addition to the teaching learning activity. For instance; besides its normal task, the Faculty had offered short term awareness creation training for the Zonal Category A and B tax payers about tax proclamations, tax assessments, internal control and financial management for Small and Micro Enterprises with tangible output. The faculty also train & supports small business owners about entrepreneurship, time management, customer handling & leadership & change management.

Besides the community service, the faculty have had identified numerous thematic researchable Business and Economics areas and more than 10 proposals were submitted to the faculty since 2014/2015.

Thematic Research Areas of the Faculty:

  • Investment potential
  • Revenue potential
  • Trade/Market potential
  • Food security/improvement of the households living standard
  • Empowering the Micro and Small Business
  • Service sector performance and resource management

With the need for expansion of higher education and the need for highly specialized manpower in the community specifically and the country in generally, Faculty of Business and Economics is hopefully working hard to launch post graduate programs in Masters of Business Administration (MBA) and MSc in Accounting and Finance in 2014/15.
Vision
Our vision is to be the leading server and engine of the community change in the areas of Business, and Economics by 2020.
Mission
The Faculty of Business and Economics is devoted to produce competent, passionate, ethical and innovative professionals of business, finance, economics, marketing and management and contribute to the socio-economic development of the nation through quality education, relevant research and community service.
Values

  • First for Customers: What are we for without Customers?! Hence, we value our students and their affairs are our top concerns
  • Quality at all: Premier quality as a foundation of everything we do is our guiding principle
  • Team work and Respect Diversity: We value teamwork to compensate the weakness of some in the group by the strength of others in the same group. And we treat everyone with respect and appreciate individual differences. We carefully consider the impact of business decisions on our people and we recognize exceptional contributions
  • Committed to ethics: We obey the law and do not compromise moral or ethical principles. We expect to be measured by what we do, as well as what we say.
  • Care for staff: “contented cow gives better milk”; our staffs are the cornerstones of the faculty. Hence we care for them.
  • Proudly community servant: We are not an island. We are part of and live with the community. We feel their pains and share their joy. Therefore, we feel proud to belong to and serve our community
  • MottoEntrepreneurship: We are strategically entrepreneurial in the pursuit of excellence, encouraging original thought and its application, and willing to take risks based on sound business judgment.

Committed to be engine of the Business Community Transformation!

Objectives

The Objectives of Faculty of Business and Economics is to produce competent, passionate, ethical and innovative managers, Accountants, economists, marketing & tourism specialists that contribute to the socio-economic development of the region and nation and participating in quality education, relevant research and community services.

 

Number of Extension Postgraduate Students in 2015/16

 
Department
Year of Study  
 
Total
First Second Third
M F M F Total M F Total
Economics 19 19

 

Number of Regular Undergraduate Students in 2015/16

 
Department
Year of Study  
 
Total
First Second Third
M F M F M F
Management 151 106 102 131 83 65 638
Accounting & Finance 160 73 155 108 94 29 619
Economics 127 67 97 155 90 22 558
Tourism & Hotel Management 38 5 43
Total 476 251 354 394 267 116 1858

Number of Extension Undergraduate Students in 2015/16

Department Year of Study  

 

Total

First Second Third
M F M F M F
Management 132 182 87 135 22 31 589
Accounting & Finance 271 210 168 176 67 48 940
Economics 92 29 53 22 196
Total 495 421 308 333 89 79 1725

 

Number of Summer Undergraduate Students in 2015/16

 

Department

Year of Study  

 

Total

First Second Third
M F M F M F
Management 168 110 35 16 329
Accounting & Finance 73 45 118
Economics 98 37 56 8 24 9 232
Total 339 192 91 24 24 9 679

 

Number of Graduated Students Since its Start (Regular)

 

Department

Year of Graduation  

 

 

Total

2013/14 2014/15
M F Total M F Total
Management 22 31 53 53
Accounting & Finance 28 17 45 53 5 58 103
Economics 29 14 43 39 9 48 91
Total 47 31 78 114 45 159 237

Where it is?

Faculty of business and economics
Phone no. +25158 441 0557 or +251920573910
Fax 0584412260   P.o.box   272