The Vice President of the United Republic of Tanzania H.E Samia Suluhu Hassan on 6th March 2020 laid the foundation stone of the Institute of Finance Management for Lake Zone Campus at Sapiwi village in Simiyu Region.

In her speech, the Vice President has called on the citizens of the village of Sapiwi Bariadi to be guard of IFM properties. She said the Government has the responsibility of managing the campus, but the responsibility of protecting the property of the campus and its students rests with the people.

She reveal that, the presence of the institute in the village would help to grow the economy of the citizens individually, including the growth of the village and the district as a whole.

She promised the villagers that the Government would dig a large well to serve the people around the campus as well as provide them with electricity.

Earlier speaking on the event the Deputy Minister for Finance and Planning Dr. Ashatu Kijaji (MP), called on all financial institutions in the country, to take advantage of the institute’s presence, to ensure that they move financial services for the students.

The Rector of the Institute of Finance Management Prof. Tadeo Satta, said the first phase of construction of the campus will be completed by May 2020, for this phase the institute will be able to accommodate 1000 students.

Professor Satta, said the construction of the first phase of the institute costs three billion that covers six staff houses, conference halls, four classrooms, and a canteen.


The Institute of Finance Management on 12th February 2020 conducted the 12th Graduation Ceremony of the Msc. Information Technology and Management, the course is offered in collaboration between Institute of Finance Management and Avinashillingam University of India. The Guest of honour was Prof. Emmanuel Mjema IFM’s Governing Council Vice Chairman and Rector of CBE.                                                                     

In his speech the guest of honour reminded graduands that, they live in the age of industrialization which is continuously experiencing growing levels of technology dynamics, therefore, in today’s professionals they need to combine a sense of innovation and entrepreneurship with an awareness of their social and environmental responsibilities. He argue that there is a  need to enrich academic achievement with practical issues in their specialization and demonstrate their  competency through various strategic actions, that’s the only way to have a competitive advantage over others in the labour market.

IFM Rector Prof. Tadeo Satta, reveal that so far the course produced more than 270 graduates since its inception in 2009. He reminded that some of the graduates are executives in different organizations and some of them are IFM staff. He argue that as an institution, we are very proud of this achievement. We are also grateful to sponsors, parents and relatives for all the support that they have provided.

He congratulated the graduands who have proved beyond reasonable doubt that are capable of acquiring the MSc. IT and Management degree. Although they face many challenges, he praise them with their   decision to join this programme. He also argue them to be good ambassadors of the program.

The Guest of Honour Prof. Emmanuel Mjema , IFM’s Governing Council Vice Chairman delivers his speech during the Graduation Ceremony.
One of the graduand receive a certificate from the Guest of Honour
Cross section photo of the Msc. Information Technology and Management
Group photo of the Guest of Honour, IFM Management, staff and graduands during the 12th Graduation Ceremony.