The Department of Finance and Accounting is one of the three departments in the Faculty of Business and Management Science (formerly School of Business). The Department was established in 1964 with the constitution of the Faculty of Commerce.
The Department is charged with the responsibility of offering and teaching accounting and finance courses at the University of Nairobi, spearheading research and development in its areas of specialization among other University wide responsibilities.
Before 1964, Accounting courses were offered under the Faculty of Special Professional Studies, Royal Technical College which had special academic and professional relationships with the University of London between 1961 and 1965, which was preparing students for the Intermediate Examinations of the Chartered Institute of Secretaries (U.K), Association of Chartered and Corporate Accountants (U.K) as well as other professional courses.
The department has made tremendous milestones since inception in the 70's. In the the recent past the department has implemented new programs as shown here below.
In 2011: The department launched the Master of Science in Finance programme. During the same year, the department partnered with Barclays Bank of Kenya with the establishment of Barclays bank endowed Fund.
In 2013:The department is set to launch the new programs; Bachelor of Science in Accounting, Bachelor of Science in Finance and Bachelor of Science in Risk Management & Insurance