The Department of Banking and Finance was established in 1965 as a section of the Department of Banking and Insurance. In 1973, the Department of Banking and Insurance was divided into two departments, the Department of Banking Management and the Department of Insurance. In 1988, the name of the Department was changed to the present one.
The Department of Banking and Finance offers the Bachelor of Business degree. Students are required to take 112 required credits and 23 elective credits in order to qualify for graduation. The objective of the program is to improve students' decision-making ability as bank managers, portfolios managers and financial managers, after their graduation.
The Graduate Institute of Money, Banking and Finance, established in 1986, offers the degree of Master of Business. The M.B. has been developed to provide an education that is intensive and specialized within a limited functional area. The program will improve the students' capacity for effective decision-making, facilitate professional growth, and increase managerial ability. It will broaden their knowledge and understanding in the areas of economics, finance, banking, monetary policy and investment analysis.