Bachelor of Commerce

This degree programme is aimed at equipping graduates with the knowledge and technical skills necessary to understand and participate in the modern business world. The course also prepares students for subsequent graduate studies and allows them to achieve the highest level of success in their professional careers. Students can specialize in one of the following areas, accounting, taxation or banking & insurance options. At the end of the programme, students should be able to apply relevant knowledge, skills and exercise informed judgment in providing relevant information and advice to individuals and businesses in accounting, taxation, or banking and insurance.

Career Path

On successful completion of this course, candidates should be able to:

  • Prepare financial statements from single and incomplete records while appreciating the use of various methods/or techniques of obtaining missing information
  • Prepare partnership accounts including dissolution of partnerships and formation of limited liability companies from partnerships (the accountant’s role)
  • Appreciate theory and practice of accounting, recognize, measure assets, liabilities, equity interest, income and expenses
  • Appreciate and prepare financial budgets
  • Understand and apply accounting principles, concepts and standards in the preparation of various specialized accounts.
  • Understand the dynamics of issue of shares, account for them and incorporate the effects of issue of shares in the financial statements for companies and then prepare and present financial statements for limited liability companies

Course Units

Fees Structure & Program Requirements

Admission into the first year is through any of the three avenues:

  1. Direct entry,
  2. Mature Age Scheme,
  3. Higher Education Certificate
  4. Diploma Holders Scheme.
  5. Degree holders’ scheme

Other Fees: Retake fee is UGX 20,000 Per paper.

All Master programmes are to pay Research fee of UGX,100,000/=

All Doctorate programmes are to pay Research fee of US$,100.

Please note: That all payments are received through Uganda Revenue Authority (URA) using a Payment Reference Number (PRN)
Fees Payment Procedure:
Log on to https://myportal.mubs.ac.ug to generate a Payment Reference Number (PRN) from the AIMS and Proceed to transact in any Bank using the PRN
Modes of Fees Payments;
1. Direct Cash deposit to any Bank and transact with the PRN
2. Cheque /Bank Draft in the name of Uganda Revenue Authority and bank it using a MUBS generated PRN.
3. By EFT on Bank of Uganda Account Number: 003410158000002 – A/c Name: Uganda Revenue Authority (This Account should strictly be used for EFT Transactions – clearly indicating the Payment Reference Number (PRN) in the description.
TERMS OF PAYMENT
1. All fees are payable at the beginning of the academic year.
2. If paid in installment, functional fees must be paid at 100% and Tuition fees at 60%.
3. All fees must have been paid by the 6th (sixth) week of the semester.
To enable us plan the semester and provide students with the necessary facilities, it is important that fees is paid in time in accordance with the given options and terms above.
Note: There will be a charge of 57,500/= for late registration.

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