It is not for nothing that education is one of the seven cooperative principles. Cooperatives are a highly complex field by their very nature, and our movement's growth depends on education. The Masters degree program in Microfinance and Cooperative Management (MCM) is an important contribution to our collective learning. It is designed to be a manageable workload for people in management positions at their cooperatives, consisting of three semesters of study followed by a final project.
The main objective of the program is to improve on the human capital resources available to cooperative organizations, government cooperative agencies and development institutes by formally training new personnel for cooperative development, among others, through active participation at workshops, seminars and the provision of consultancy and advisory services, etc.
Expected learning outcomes
Upon completion of this course, the student will be able to:
- Explain why the cooperative model of organization has emerged and the operation of the various types of cooperatives.
- Describe the key differences between cooperatives (either for-profit or nonprofit) and conventional for-profit companies, ESOPs, and nonprofit organizations.
- Demonstrate a comprehensive understanding of the content within cooperatives and effectively apply and integrate this information in the formulation of a financial plan.
- Collect all necessary and relevant qualitative and quantitative information required to develop and manage a cooperative.
- Evaluate the impact of economic, political, and regulatory issues with regard to cooperative.
This is a full-time course over three semesters.
It is aimed at graduates from a wide range of disciplines who are interested in careers in cooperative organizations and rural development.
Obtaining an MSc Microfinance and Cooperative Management (MCM) offers a wide range of opportunities which include a career in the following; cooperative Manager, personal finance planner, development officer, estate manager etc.