Let me first and foremost, take this opportunity to warmly welcome you to the Institute of Finance Management (IFM). This higher learning Institution was established in 1972 to provide training, research and consultancy services in the fields of banking, insurance, social protection, taxation, accountancy and related disciplines. Beginning with slightly more than 100 students in 1972 the Institute has steadily but systematically expanded in number, content and relevance to the Tanzanian society and beyond. Currently IFM has over 7,000 students and about 400 staff members.