Accounting and finance is an academic area of study that prepares students for a variety of careers in the business realm. Classes usually focus on what makes up the financial system of the economy as well as financial management tools.

Higher education in Somalia has become privatized in recent years. Due to this change, the institutions and universities found within Somalia have been ranked some of the best in Africa and, in some cases, the world.

Requirements for the PhD program often involve the student having already obtained a Master’s degree. Additionally, a thesis or dissertation primarily consisting of original academic research must be submitted. In some countries, this work may even need to be defended in front of a panel.