Historical Background

The study of economics as a discipline in higher education of Ethiopia goes as far back as the start of the University itself. The Department of Economics was established at the Faculty of Arts with the founding of the University College of Addis Ababa (UCAA) in 1950.

In 1958 Management Education started at the tertiary level with the offering of accounting course(s) within the Faculty of Arts of the University College of Addis Ababa.

In 1963 the College of Business Administration (CBA) was established as an independent College consisting of Management and Accounting Departments.

In 1976 the College of Business Administration, Faculty of Arts, and School of Social Work were merged to form the College o Social Sciences.

The Faculty of Business and Economics was constituted as a separate faculty consisting of the departments of Accounting, Economics, and Management and public Administration in November l990 It is designed to meet the rapidly growing needs for trained manpower in the fields of Accounting, economics, Management and Public Administration. The objective of this faculty is to produce people trained in management and economic decision making who possess the necessary skills and interdisciplinary knowledge required for growing skills; and interdisciplinary knowledge required for a growing economic and highly complex private and public business community.

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Location and Facilities

The Faculty of Business and Economics is located at the Old "Crown Prince's" compound at Sidist Kilo.

The Faculty of Business and Economics has regular enrollment of about 1000 students (excluding Freshman Year) and Extension enrollment of 1800 students. Out of the Extension students 17% are in the Diploma Programme and the rest in the Degree Programme. The Faculty of Business and Economics is one of the largest faculties in Addis Ababa University. T he Faculty has a staff size of 52 currently active another 17 on study leave abroad. Although a large faculty, it tries to emphasize close student-faculty interaction.

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Objectives

The Curriculum of the Faculty of Business and Economics generally focuses on the development and promotion of the professional and technical skills of the student. It tries to prepare students for careers in Business, Economics, Research, Government Service, Consultancy and Employment in private and public enterprise It attempts to introduce student to the advanced techniques and modern concepts in Accounting, Economics, Management and Public Administration in their suitable forms as they apply to Ethiopian conditions. It stresses academic competence and professional excellence; and thus international standards and rigour in the dissemination of knowledge is emphasized in the fields of training offered by Departments.

The specific objectives and aims of the faculty are: 

a) To produce graduates who have
   sound general education background,
   orientation, professional values and
   ability to evaluate economic issues
   and problems from an
   interdisciplinary viewpoint and a
   holistic approach for problem solving
   and policy formulation.

b) To produce graduates trained in the
   specialized process of economic
   management at all levels and all
   sectors that are capable of
   developing and analyzing economic
   programs and policies.

c) To train experts equipped with
   modern skills in Accounting and
   Auditing, Economic Analysis, and
   Public and Business Management.

d) To conduct applied research in
   different field, provide consultancy
   and advisory services to governmental
   and non-governmental institutions,
   and collaborate in joint projects with
   national and international 
   organizations.

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