LoadingLoadingLoadingLoadingSACCO governance, loan books, and rural members—without a banking licence.
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Cooperative finance fails in related-party loans, dormant accounts used as float, and an AGM that cannot read the financials. This MSc starts there. You will interrogate a loan book, design a member-communication note, and map a liquidity plan for harvest season—without this university claiming a central-bank licence. African Future University centres African cooperatives and MFIs because commercial-bank MBA cases hide member-governance politics. Digital payments appear as agency banking and mobile-money float, always with the boundary that this degree is not a licence to issue e-money. AfCFTA appears only as cross-border remittance friction members actually face. The award is academic. It is not a banking licence, not CPA, and not a deposit-taking authorisation. It is for managers who must keep a SACCO honest when the inspector is two years late. You will compare a harvest-season liquidity plan with a related-party loan that an AGM cannot see in the printed accounts. Identity-checked exams test governance memos. Central-bank deposit-taking authorisation is not conferred. Study is tuition-free online aside from the examination fee, and rural member AGMs are required cases rather than optional colour. MSc Cooperative Banking and Microfinance Management is taught as one award, not a list of unrelated modules. The published length is 18 months, and the credit total is 36. Students move from Member Ownership versus Capture through Member Ownership versus Capture; Boards, AGMs, and Unreadable Accounts; Related-Party Lending; Loan-Book Quality and Evergreening; Group Lending and Coercion Risks; Savings, Shares, and Liquidity Seasons, and finish on Writing for Boards and Members. Each course has a question, a method, and a submission. In this field, students read a set of figures, build a small case, and state which assumption moves the result. Reading is financial statements, a recognition note, and a risk report. The artefact a marker expects is a recommendation that separates the decision, the numbers, and the risk. The award is built so that a graduate can do the following in practice: Interrogate a loan book for related-party and evergreening risk Design member governance materials a rural AGM can use Write bilingual prudential-style notes without claiming a licence Teaching assumes the student can read a source, attempt a problem before the seminar, and revise after feedback. Attendance at live seminars is part of the design. The capstone or final course must use the methods of the earlier courses; a project that ignores them does not pass. This course does not confer an accounting, audit, or financial-services licence. The pages for each course name the topics that are examined. Those topics are the syllabus. A brochure line is not a substitute for them.
Thirty-six credits: cooperative governance, credit operations, digital rural channels, and a member-institution capstone. Identity-checked exams. No banking licence is implied.
Study online
Tuition is free. Examinations are free. There is no exam fee. Study from anywhere in the world.
| Code | Course | Credits · hours |
|---|---|---|
| AFU961 | Member Ownership versus Capture Students read a set of statements and explain what a manager can and cannot conclude. The module is Member Ownership versus Capture.
| 3 |
| AFU962 | Boards, AGMs, and Unreadable Accounts Students build a small valuation and state the assumptions that move the result. The module is Boards, AGMs, and Unreadable Accounts.
| 3 |
| AFU963 | Related-Party Lending Students identify a financial risk and the control that would catch it. The module is Related-Party Lending.
| 3 |
| AFU964 | Ethics of Dormant Accounts and Float Students write an investment or operating case for one organisation. The module is Ethics of Dormant Accounts and Float.
| 3 |
| Code | Course | Credits · hours |
|---|---|---|
| AFU965 | Loan-Book Quality and Evergreening Students read a set of statements and explain what a manager can and cannot conclude. The module is Loan-Book Quality and Evergreening.
| 3 |
| AFU966 | Group Lending and Coercion Risks Students build a small valuation and state the assumptions that move the result. The module is Group Lending and Coercion Risks.
|
| Code | Course | Credits · hours |
|---|---|---|
| AFU969 | Agency and Mobile-Money as Operations (Not a Licence) Students read a set of statements and explain what a manager can and cannot conclude. The module is Agency and Mobile-Money as Operations (Not a Licence).
| 3 |
| AFU970 | EN/FR Cooperative Administration Documents Students build a small valuation and state the assumptions that move the result. The module is EN/FR Cooperative Administration Documents.
|
| Code | Course | Credits · hours |
|---|---|---|
| AFU973 | Cooperative-Finance Research Methods Students read a set of statements and explain what a manager can and cannot conclude. The module is Cooperative-Finance Research Methods.
| 3 |
| AFU974 | Anonymised Loan-Book Diagnosis Students build a small valuation and state the assumptions that move the result. The module is Anonymised Loan-Book Diagnosis.
|
Modules are assessed through a published mix of coursework, applied projects, and examinations. Exam windows are announced in advance so students in other time zones are not forced into overnight sittings. Alternative arrangements are available where documented.
The published duration is 18 months. Teaching language: English + French assessment options. Actual time-to-complete depends on mode and any recognised prior learning.
This is a fully online award. You study from your country. No student visa and no campus relocation are required.
Degree tuition for this award is published as £0 / tuition-free on the online pathway. Examination or administrative fees may apply at checkout — never an annual tuition invoice. Check the Fees page for any extras.
Requirements are grouped on this page (academic, English, documents). Equivalent qualifications are considered. English may be waived after prior English-medium study.
Assessment is typically a mix of coursework, projects, and examinations. Doctoral awards include a thesis or dissertation and an oral examination. Details sit in the programme specification and module outlines.
Recognition of the award for local employment, professional licence, or ministry attestation is decided by your employer or regulator. African Future University publishes verification pages for certificates. We do not claim automatic equivalence in every country.
Start an application on this website. Progress is saved from the first step. Admissions: admissions@afutureuni.com.
Recognised & Accredited
| 3 |
| AFU967 | Savings, Shares, and Liquidity Seasons Students identify a financial risk and the control that would catch it. The module is Savings, Shares, and Liquidity Seasons.
| 3 |
| AFU968 | Delinquency without Humiliation Theatre Students write an investment or operating case for one organisation. The module is Delinquency without Humiliation Theatre.
| 3 |
| 3 |
| AFU971 | Supervision Circulars as Texts, Not Authorisations Students identify a financial risk and the control that would catch it. The module is Supervision Circulars as Texts, Not Authorisations.
| 3 |
| AFU972 | Cross-Border Member Remittance Friction Students write an investment or operating case for one organisation. The module is Cross-Border Member Remittance Friction.
| 3 |
| 3 |
| AFU975 | Writing for Boards and Members Students identify a financial risk and the control that would catch it. The module is Writing for Boards and Members.
| 3 |
| AFU976 | Capstone: SACCO/MFI Operations File Students write an investment or operating case for one organisation. The module is Capstone: SACCO/MFI Operations File.
| 3 |