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Graduating License3

Licentiate in Development Economics & Microfinance

Three-year university program (180 ECTS) that trains microfinance portfolio managers, agents of IMF (microfinance institution), and digital financial inclusion advisors. The program includes: development economics, OHADA accounting, microcredit methodology, portfolio risk management, IMF & cooperatives, mobile money, inclusion fintech, COBAC prudential reporting, and social impact. Online program with thesis and defense.

180 ECTS Finance, Accounting and Audit
Recommended Master's Degree track Master of Science in Corporate Finance
Licentiate in Development Economics & Microfinance
Total cost
2,450,000 FCFA

Description

The Professional Bachelor's Degree in Microfinance & Financial Inclusion from UNIVGA is a comprehensive three-year university program (180 ECTS) that trains professionals committed to the economic development of their territory. The program covers development economics, microcredit granting and monitoring methodology, management of a microfinance institution, financial inclusion through mobile money, and social impact assessment.

Designed to meet the needs of the rapidly growing sector in Africa (IMF, savings and credit cooperatives, inclusion fintech, financial NGOs), this training is delivered 100% online. It combines economic and accounting fundamentals, operational mastery of microcredit (analysis, granting, recovery), knowledge of COBAC/UMOA regulations, and a deep understanding of mobile money and inclusion fintech ecosystems.

Market issues and career opportunity

The microfinance and financial inclusion sector is experiencing double-digit growth in Sub-Saharan Africa. Microfinance institutions, cooperatives, mobile money operators, and inclusion fintechs (Wave, Orange Money, MTN MoMo, mobile neo-banks) are actively recruiting operational profiles capable of analyzing a microcredit file, managing a risk portfolio, promoting digital inclusion, and driving social impact. Opportunities exist in both urban and rural areas.

Curriculum pedagogical structure

Year 1 — Economic and accounting fundamentals. Development economics, OHADA general accounting, financial mathematics, descriptive statistics, banking environment and IMF, OHADA commercial law, organization of cooperatives, and professional office skills.

Year 2 — Deepening microfinance. Financial analysis of businesses and microenterprises, accounting for IMF, microcredit methodology (individual and solidarity), portfolio risk management (PAR), mutual savings products, fundamentals of mobile money, taxation of IMF, and financial English.

Year 3 — Specialization in financial inclusion. COBAC prudential reporting for IMF, social impact assessment and management, inclusion fintech and financial innovation, governance of cooperatives and IMF, partnerships between banks-IMF-mobile money, agency management, and field leadership. The program concludes with the writing of a supervised professional thesis, presented orally via videoconference before an academic jury.

Career opportunities

Microcredit portfolio manager, IMF sales agent, microfinance agency manager, financial inclusion officer in banks, cooperative network facilitator, social impact study officer, mobile money advisor, IMF compliance officer. Continuation in Master's in Corporate Finance, Master's in Development Economics, or Master's in Banking & Microfinance.

Suitable for working professionals

UNIVGA is designed to meet the needs of working professionals (80% of our audience). Platform accessible 24/7, flexible schedules, recorded virtual classes, personalized support. Ideal for IMF agents, mobile money advisors, and cooperative facilitators wishing to structure their skills without interrupting their activity.

What you will learn

Master the fundamentals of development economics and inclusive finance.
Maintain OHADA accounting adapted to IMF and savings and credit cooperatives.
Analyze a microcredit file (microenterprise, farmer, merchant) and calculate repayment capacity.
Grant and monitor an individual or group microcredit (solidarity guarantee) according to a proven methodology.
Manage a microcredit portfolio and calculate the PAR (Portfolio at Risk) at 30, 60, and 90 days.
Promote and distribute mutual savings products adapted to low-income populations.
Support the digitalization of financial services (mobile money, digital payments, mobile neo-banks).
Produce COBAC prudential reporting for an IMF or cooperative.
Evaluate and demonstrate the social impact of a financial inclusion program (SPI, IRIS+ indicators).
Facilitate a network of agencies or solidarity groups on the ground.
Manage the compliance of an IMF (AML-CFT, KYC adapted to microfinance).
Write a structured professional thesis and defend it in an oral presentation before a jury

This program includes

Written Course, Audio & PDF
Key Takeaways + Graded Evaluation
Comprehension questions
Frequently Asked Questions (FAQ)
Timed Quiz
Professional Case Studies
Video conferencing course explanations
Supervised remote homework sessions
Graded business case studies
Professional internship report
Optional supervised project (real professional case)
Video conference defense
First Year
6 UEs 18 Lessons 60 ECTS
Semester 1 – 30 ECTS credits
Chapter 1: Concepts of development economics, indicators (HDI, MPI).
Chapter 2: Poverty, vulnerability, and access to financial services in Africa.
Chapter 3: History and actors of microfinance: Grameen, BancoSol, African IMF.
Chapter 1: Basic mechanisms: journal, ledger, trial balance
Chapter 2: Revised SYSCOHADA Chart of Accounts: structure, current accounts
Chapter 3: Current entries: purchases, sales, bank, payroll, fixed assets
Chapter 1: Simple and compound interest, proportional and equivalent rates
Chapter 2: Discounting, capitalization, acquired value and present value
Chapter 3: Annuities, microcredit amortization tables, TEG calculation
Semester 2 – 30 ECTS credits
Chapter 1: Central tendencies, dispersion, distributions, graphs.
Chapter 2: Intermediate Excel: formulas, functions, conditional formatting
Chapter 3: Financial Excel: VLOOKUP, pivot tables, scoring
Chapter 1: OHADA Uniform Act on General Commercial Law
Chapter 2: OHADA Uniform Act on Cooperative Societies
Chapter 3: Statutes and internal regulations of a savings and credit cooperative
Chapter 1: African Banking System: BEAC, BCEAO, commercial banks
Chapter 2: Regulatory Framework for MFIs: COBAC, BCEAO, licenses
Chapter 3: Overview of MFIs, cooperatives, and inclusion fintech in Africa
Second Year
6 UEs 18 Lessons 60 ECTS
Semester 3 – 30 ECTS credits
Chapter 1: Reading the balance sheet and income statement of an SME
Chapter 2: Simplified analysis of an informal microenterprise (cashbook, cash flow)
Chapter 3: Calculation of the repayment capacity of an individual or professional borrower
Chapter 1: Particularities of the accounting plan for MFIs (PCEC, PC MFI)
Chapter 2: Accounting for credit, savings, and provisioning operations
Chapter 3: Regulatory financial statements of an MFI
Chapter 1: Individual microcredit: analysis, guarantees, file lifecycle
Chapter 2: Solidarity microcredit (guarantee groups): Grameen model, group dynamics
Chapter 3: Rural and agricultural microcredit: seasonality, unconventional guarantees
Semester 4 – 30 ECTS credits
Chapter 1: Portfolio quality indicators: PAR 30/60/90, dropout rate, recovery rate
Chapter 2: Provisioning of receivables in MFIs according to COBAC
Chapter 3: Amicable and judicial recovery in microfinance, prevention of over-indebtedness
Chapter 1: Demand deposits, term deposits, project savings in MFIs
Chapter 2: Pricing of products, cost-profit balance
Chapter 3: Mobilization of savings in rural and popular urban areas
Chapter 1: Fundamentals of mobile money: Wave, Orange Money, MTN MoMo, M-Pesa
Chapter 2: Specific taxation of MFIs and cooperatives in the OHADA zone
Chapter 3: Applied financial English in microfinance and donor reporting
Third year
6 UEs 15 Lessons 60 ECTS
Semester 5 – 30 ECTS credits
Chapter 1: COBAC prudential reporting for MFIs: ratios, periodic statements
Chapter 2: AML-CFT compliance adapted to microfinance: simplified KYC, declarations
Chapter 3: Internal audit of an MFI and agency control
Chapter 1: Frameworks for social impact evaluation: SPI 4, IRIS+, theory of change
Chapter 2: Scope indicators (targeting the poor), depth, well-being
Chapter 3: Impact reporting to donors and social investors
Chapter 1: Inclusion fintech: mobile neo-banks, P2P lending platforms
Chapter 2: Partnerships between banks, MFIs, and mobile money operators
Chapter 3: Product innovation: alternative credit scoring, digital micro-insurance
Semester 6 – 30 ECTS credits
Chapter 1: Governance of cooperatives and MFIs: general assembly, board
Chapter 2: Management of an MFI agency: team, indicators, commercial animation
Chapter 3: Field leadership in rural and popular urban areas
Chapter 1: Business plan of an MFI: projections, financial balance, viability
Chapter 2: Fundraising: donors, social investors, concessional debt
Chapter 3: Digital transformation of an MFI: business IT, mobile, streamlined agencies
Professional Memory and Tutored Project 10 credits 50 hours
supervised work

Admission Requirements

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Required documents — Professional License Training

Admission file to be compiled

Required documents for all levels:

🎓 Copy of the Baccalaureate certificate or diploma
🪪 Copy of ID
📸 Recent ID photo
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File Verification & Validation

All documents transmitted will be subject to a Administrative review. Your file will be officially approved or rejected after examination. Payment of tuition fees for degree programs will only be made after your application has been approved.

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Document transmission

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Online - Pre-registration Form

Submit your documents directly through our secure online form.

📝 Pre-registration Form
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In person — UNIVGA Group Headquarters

Libreville, Nzeng-Ayong Neighborhood, Chantier Moderne — top floor, door on the right of the tiled building opposite Plaisance.

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Payment methods

Tuition fees can be paid in several ways:

📱 Mobile Money Online on this site On-site at headquarters 🌍 International transfer

To find out the precise payment details suitable for your situation, please contact UNIVGA administration directly.

Contact Administration
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Training start

Given the nature 100 % Digital courses generally begin 1 to 3 business days after payment confirmation. This time frame allows the administration to prepare your file and create your student account.

How is your training going?

Each lesson is structured in progressive steps. You must complete the 3 mandatory activities to unlock the next lesson.

Male teacher

Real human supervision

Online flexibility + guaranteed pedagogical presence

Our educational model combines total flexibility and rigorous academic supervision. You access content at your own pace, while benefiting from regular video conferences with your teachers.

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Course explanations

Live in-depth sessions with your mentors to clarify each concept.

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Interactive educational exchanges

Q&A with your teachers, adapted to your pace and difficulties.

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Supervised online homework

Real-time proctored exams on Zoom or Google Meet, under real exam conditions.

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Upon your registration, an Custom academic calendar is communicated to you — guaranteeing serious follow-up and guided progress, without the constraints of continuous live classes.

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Lesson Unlock Rule

To access the next lesson, you must complete the 3 mandatory activities from the current lesson:

🔑 Key Points 🎯 Scenario 📝 Evaluation
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Professional thesis and defense

Your course concludes with the writing of a Professional memory addressing a concrete problem related to your specialty, followed by a online video conference defense in front of an academic jury (Zoom or Google Meet). You are accompanied by a dedicated tutor for framing, methodology, and defense preparation.

Optional Tutored Project: You can use a real-world case study from your professional environment as a supplementary deliverable to your thesis.

Thesis defense fees: 150,000 CFA francs — included in the total cost of the course, billed at the end before the jury session.

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The Essentials of the Course

Course + Audio + PDF

The core of your training. Each lesson includes a structured written course, an audio course for immersive listening and a Downloadable PDF to revise at any time, even offline. The content is organized progressively with definitions, concrete examples, and practical illustrations.

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Case study

A practical case study is integrated into each lesson with an in-depth explanation section to anchor theory in real-world situations.

Lesson FAQ

5 frequently asked questions answered at the bottom of each lesson to address the most common doubts about the subject matter.

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Preparation questions

Questions at the end of the lesson to deepen your own research or prepare for discussions with your academic advisor.

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Key Points

10 enrichments 🔓 Required

10 carefully selected points to deepen your understanding beyond the essentials of the course. They offer additional perspectives, practical applications, and hands-on advice. The validation of this tab is required to unlock the next lesson.

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Setting the Scene

Professional graded simulation 🔓 Required

You are placed in an interactive professional simulation. Real decisions are presented to you with immediate feedback and detailed correction. Your grade has been recorded and counts towards your academic progress. Validating this tab is mandatory to unlock the next lesson.

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Evaluation

20 varied questions quiz 🔓 Required

A 20-question quiz with varied formats (multiple choice, true/false, matching, practical case studies, etc.) to validate your mastery of the chapter. Instant results with detailed corrections. This grade counts towards your overall average. Validating this tab is mandatory to unlock the next lesson.

Frequently Asked Questions

Yes. The UNIVGA GROUP is registered with the National Agency for Investment Promotion of Gabon (ANPI-Gabon) and has all legal registrations: NIF 370669-C, RCCM GA-LBV-01-2020-A10-01945, and CNSS 014-0205895-A. The institution is also officially recognized by the Ministry of Professional Training under authorization no. 000306/MENICFP/SG/DGFP/DFP, which empowers it to train and issue training certificates as well as Bac+2 level diplomas, notably the DTS.

UNIVGA is authorized to directly issue training certificates and Bac+2 level diplomas (DTS). For higher level diplomas—Professional Bachelor's, Bachelor's, Professional Master's, MBA, DBA—they are issued by our local or international partner universities. This collaboration ensures that your diplomas benefit from broad academic recognition, beyond Gabon's borders.

Yes, on multiple levels. In the UK, UNIVGA GROUP is registered under company number 12581906, recognized by HM Revenue and Customs (HMRC) with VAT number GB353434312, and listed on the UK Register of Regulated Educational Institutions under UKPRN 10086514. UNIVGA is also accredited (ID: CINVU11GA2019I1156) as an Executive Board Member and Member of the Educational Committee of CINVU (Comstech Inter-Islamic Network on Virtual Universities), which operates under the auspices of the Standing Committee on Scientific and Technological Cooperation of the Organization of Islamic Cooperation (OIC). This accreditation signifies our academic excellence and contribution to higher education globally.

Le CINVU (Comstech Inter-Islamic Network on Virtual Universities) is an international network that promotes cooperation and knowledge sharing among virtual universities and higher education institutions in the member countries of the Organization of Islamic Cooperation (OIC). UNIVGA sits on its executive board and educational committee under the identifier CINVU11GA2019I1156. This accreditation attests to the quality of our teaching, our academic standards, and our commitment to digital higher education within a network spanning over 50 countries.

The UNIVGA GROUP’s headquarters are located in Libreville, Gabon—Nzeng-Ayong neighborhood, Chantier Moderne, top floor, the door to the right of the tiled building across from Plaisance. Although our courses are 100% online, we maintain a physical location to welcome students, accept registration documents, and process tuition payments. The institution is also incorporated in the United Kingdom as a company (Company Number 12581906), which reinforces its international scope.

GROUPE UNIVGA is the official and administrative name of the institution, the one that appears on all legal documents, registrations, and ministerial authorizations. «Université Virtuelle du Gabon» (or UNIVGA) is the trade name adopted to reflect the institution’s fully digital nature and to make it easier for the public to identify it. It is therefore the same entity: the administrative name is GROUPE UNIVGA, and the commonly used name is Virtual University of Gabon.

Each lesson is structured in several progressive steps. You begin with the Course Essentials (written text + audio + downloadable PDF), which includes a case study explained in detail, a FAQ, and preparation questions. Then, you complete 3 mandatory activities: Key Points (10 enrichments), Role Play (professional decision simulation), and Assessment (timed quiz). All 3 activities must be completed to unlock the next lesson.

Yes. Each lesson includes an audio course that you can listen to at any time, as well as a downloadable PDF containing all of the written content of the lesson. This allows you to review offline, on the go, or without internet access. The audio content is particularly popular with students who want to learn while mobile.

Each lesson includes a practical case study directly integrated into the course content. It is accompanied by an in-depth explanation section to help you understand how theory applies in a real-world situation. These cases are drawn from actual professional contexts (African and international) and allow you to ground your learning in practice from the very first reading.

The preparation questions at the end of each lesson serve a dual purpose. First, they allow you to deepen your understanding of the course through your own research and personal reflection. Second, for students pursuing a degree, they serve to prepare you for discussions during your videoconferenced course explanation sessions with your academic advisor. By working on them in advance, you will get the most out of each session.

Yes, all mandatory activities (Key Points, Role-Playing, Evaluation) are automatically graded by the platform. You get immediate feedback on your answers with your score and mastery level. This allows you to quickly identify your weaknesses and review the necessary concepts before continuing your progress.

The progressive unlocking system ensures that each student truly grasps the concepts before moving on. The 3 mandatory activities (Key Points, Scenario, and Assessment) verify different skills: comprehension, decision-making, and recall. This rigorous pedagogical model ensures the quality of the course and the value of your training.

For a degree program, you must provide at minimum: a copy of your Baccalaureate certificate or diploma, a copy of your ID, and a recent ID photo. Depending on your enrollment level (L3/Bachelor: proof of Bac+2; Master/MBA: Bachelor's degree Bac+3; DBA: Master's degree Bac+5), additional documents will be required. Payment of tuition fees is only made after your application has been validated by the administration.

You have two options. You can submit your documents directly online via the pre-registration form at univga.org/preinscription/, or visit the UNIVGA Group headquarters in person in Libreville, Nzeng-Ayong neighborhood, Chantier Moderne (top floor, door on the right of the tiled building opposite Plaisance). In both cases, your documents will be verified before official validation.

UNIVGA accepts several payment methods: Mobile Money, online directly on the website, in person at the Libreville headquarters, or by international transfer. To get the exact details for your payment method, please contact UNIVGA administration directly via the "Contact Us" tab on this page.

Thanks to the institution’s fully digital system, courses typically begin within 1 to 3 business days after your payment is confirmed. This short turnaround time allows the administration to finalize your enrollment, create your student account, and set up your access to the platform with all your courses.

Video conferencing sessions are live sessions on Zoom or Google Meet, scheduled according to your personalized academic calendar. They include in-depth course explanations by your academic advisors, interactive question-and-answer sessions tailored to your difficulties, as well as real-time supervised assignments. Connection links are sent to you by email before each session. This calendar is given to you upon registration.

Supervised assignments take place live on Zoom or Google Meet, under the conditions of a real exam. You compose within a set time limit, with your camera on, under the supervision of your academic advisor. These assessments are scheduled in advance in your academic calendar and complement the platform's automatic assessments to ensure maximum academic rigor.

Once your registration is validated, you will receive a personalized academic calendar. It organizes your curriculum by defining the course periods, video conferencing session dates, supervised assignments, and, where applicable, the defense. This calendar ensures a serious follow-up and guided progress, while allowing you the flexibility of online learning—without the constraints of constant live classes.

Yes, enrollment is open year-round thanks to UNIVGA's digital format. Your personalized academic calendar is established from your effective enrollment date, allowing you to start at any time. Each student thus follows an individualized path, independent of others.

Online admission

This training is graduating Your application is being reviewed by our admissions committee before validation and access to the payment platform.

📋 4-Step Procedure

  1. Fill out your pre-registration form below (approx. 5 min).
  2. Our committee is reviewing your application under 72 business hours.
  3. If accepted, you will receive your by email Admission certificate and the link for payment of registration fees.
  4. You pay your fees and immediately access your training space.

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