The Faculty of Management of Tribhuvan University offers a variety of courses in general, functional and sectorial management areas. The courses are designed according to the need of the country and the international trends in management education.

The mission and objectives of Faculty of Management (FOM) is to contribute to the development of efficient and capable manpower for the business, government, and social sectors. FOM is continuously involved in development and upgrading of its curricula, teaching methods, and examination system. Its programs are designed with greater degree of flexibility that allows the incorporation of the latest development in theory and practice of management. It has already launched BBA, BIM, BHM programs at the bachelor level, and MBA, MTS and MTTM at the masters’ level. In this endeavor, FOM has envisaged one more program known as MASTER OF FINANCE AND CONTROL (MFC).

The focused MFC program focuses on specialized areas of management such as finance. The program has been designed in a modular format to be implemented over four semesters. However, the curriculum of the program can be extended up to six semesters for the MFCe offered in the evening.

Faculty of Management’s Major Program Objectives

  • To develop executives and managers for various areas of economic and social life of the country with a high level of competence.
  • To develop management professionals and entrepreneurs with a global perspective.
  • To enhance knowledge, managerial skills, and exposure of the practicing managers, executives, and entrepreneurs.
  • To broaden the outlook of students by inculcating positive attitudes and by assisting them to become productive and responsible citizens of the world.

MFC Program

The vision, mission and rationale of MFC program are as under:



To be a Center of Excellence in business education and research.


  1. Contribution to civil society through productive research and dissemination of knowledge
  2. Developing self-reliant and market fit students
  3. Adapting to new ideas and changes
  4. Strengthening interface with industry and alumni
  5. Promoting ethical and moral values


With the increase in liberalization, privatization, and globalization around the globe, the economic, business, and financial activities have increased tremendously over a period of time in almost all the nations of the world. It has created many opportunities in the area of trade, industry, commerce, finance, investment and allied areas but at the same time it has also brought many challenges. Basically, competition has increased much more in business and businesses have been employing recent graduates to meet the ever increasing competition. Throughout the past one hundred years’ of modern financial history, sudden economic distresses and financial crises of varying magnitudes have occurred in practically every continent. These crises were concerned with overpricing of stock market and bank runs of 1930s, underestimation of country default risk & overpricing of sovereign debt, overpricing of housing sector and housing bubble, overpricing of  investment instruments, frequent asset-liability mismatch, separation of ownership and control, creation of artificially high leverage through unregulated mortgage backed securities and credit default swaps etc. The common threats were leverage creating the risk, inadequate mitigation of risk by the market forces, asymmetric information and severe mis-pricing of risk and over-pricing of risky assets. In order to deal with issues, there is a need for specific type of manpower in the market, mainly, finance focused manpower. To fulfill the gap, the Faculty of Management, Tribhuvan University has designed Master of Finance and Control (MFC) program with the objective of producing managers who are equipped with the latest managerial principles and techniques with a special focus on financial issues so enabling them to meet challenges created by recent business trend.

The Semester System

In the MFC program, each course has a certain number of credits assigned to it depending on its lecture, tutorial and practical work hours in a week. One lecture hour per week per semester is assigned one credit. That is one credit hour course must include 16 contact hours during the semester.

There will be continuous evaluation of a student’s performance through internal evaluation. The variety of pedagogical methods will be used, such as, on-campus learning through classroom discussion, presentation, group work, case analysis and guest lecture series, and off-campus learning through project work, and on-line instructions.

The normal duration and the maximum duration for the completion of the requirement for the program are as follows:

Normal duration: 24 months (4 semesters)

Maximum credit accumulation period: 4 years from the date of registration.

Program Objectives of the MFC

The basic objective of MFC program is to develop expertise of students of Masters of Finance and Control with a special focus finance, investments, banking, and insurance. The graduates of MFC program will be able to serve as finance officers in different banks & financial institutions, business firms, non-government organizations and government projects. The program aims to:

  • Provide students with a sound knowledge of basic concepts and principles of managing business with a focus on financial decision making.
  • Enable the students to acquire financial decision making skills required for managing business.
  • Prepare the students to better understand a world of finance along with their applications.
  • Familiarize the students with the most recent trends in financial decision making.

Program Features

The general features of the MFC program are:

i. solid foundation of the management concepts,

ii. sound understanding of the managerial tools and techniques,

iii. sound understanding of the tools and techniques required for financial decision making,

iv. competence in financial decision making

v. confidence in leading and managing organizations through better financial decision making

Duration of the Course:

The Master of Finance and Control (MFC) Program is an intensive two – year course stretched over four semester of full time study, with every academic year having two semesters. After the completion of the program a student will be awarded Master of Finance and Control (MFC) by Tribhuvan University.

Total Credit Hours:

The MFC program consists of a total of 62 credit hours comprising foundation courses, management core courses, finance core courses and elective courses. The program also includes graduate seminars and practicum courses. Students must undertake Internship Project during the third semester and Graduate Research Project (GRP) during the fourth semester.

Academic Sessions and Duration of the Term:

The MFC program normally requires four semesters to complete. The duration of the term will be of 16 class weeks excluding examinations and tests.

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