Welcome to the Oda Bultum University College of Business and Economics!
On behalf of the staff and students of Oda Bultum University’s College of Business and Economics, please accept our warmest welcome. Our faculty and staff are vibrant, passionate and hard working people who dedicate their lives to excellence in learning and teaching. Put simply, those in our college care about learning, each other and the broader community. Our faculty and staff are not satisfied with knowing and teaching what we already know. We strive to push the boundaries of knowledge and bring that new knowledge to our students and the surrounding community to satisfy their long time thirst and enable growth of our society. But we know that our success by large depends on your support and contribution to our efforts. Therefore, we sincerely call all friends near and far to come and join us and let’s make history together!!
Best regards,
Mr. Atnafu Yadessa
Dean, College of Business and Economics
Mobile: 251-9-13055693
College of Business and Economics (CoBE here after) is one of the five colleges established in November, 2009 under Oda Bultum university. Prior to the establishment of the college, the university has been teaching 46 students in management field and 50 students in accounting & finance which led to the establishment of the two departments in 2008.  In line with our vision and considering the growing demand for qualified and well-trained business professionals, the OBU launched degree programs in   Economics in 2009.
To meet the demand for high level of education by the local communities, CoBE is enhancing its outreach by opening undergraduate programs in the evening and weekend programs at the main campus and nearby Woredas or districts. It has already opened a center in Hirna, 45 km from the main campus and is running Economics program therein. It has also planned to expand its outreach to other neighboring districts in the near future.
Our Mission
The College of Business and Economics is dedicated to producing competent, passionate, ethical and innovative professionals of business, finance, economics, marketing, that contribute to the socio-economic development of the nation through quality education, relevant research and community service.
Our Vision       
We aim to be the leading center of excellence in the country in the areas of Business, and Economics by 2035.
Programs under OBU College of Business and Economics
Undergraduate Program
  • BA in Management
  • BA in Accounting and Finance
  • BA in Economics
Management Department
The Department of Management is dedicated to produce competent graduates, provide need-based community service and produce problem-solving research outputs through cooperative learning, research and consultancy service to foster social and economic development of the country.
To be the leading center of excellence in the country in the areas of Business Management by the year 2035
Background and Staff Profile
The Department of Management has been established as one of the department of College of Business and Economics by offering regular first degree program in the year 2008 with 46 students. When the department established at the first time, it operate its activities by only four instructors, all were MSc degree holders.
Currently, the Department offers regular under graduate programs with 89 students and planned to open new extension programs.  It also offers supportive courses to other departments such as Department of Economics, Accounting and Finance, and all Agricultural Departments.  There are 10 academic staffs of which 5 of them Management lecturers, 5 of the others are Civics and Ethical Education lecturers. All of the academic staffs are MA holders.
Department of Accounting and Finance
About the department
Department of accounting and finance started in Oda Bultum University with the launching of the university in 2008 EC at chiro town. Currently the department offers regular, evening and Weekend degree programs. The current total student enrollment of the department reaches 90 in regular and 157 in weekend and evening in undergraduate programs. It is also home for 5 young academic and research staffs with rank of lecturer. In addition to this, the department plans to reach in different surrounding woredas in research and community outreach programs.
Objectives of the Department
General Objectives
  1. To strengthen, develop and promote the professional and technical skills of the students in the areas of Accounting, Finance, and Auditing
  2. To prepare for career in Accounting, Finance and Auditing
  3. To produce graduates trained in the functional areas of Accounting, Finance and Auditing.
Specific Objectives:
  1. To enable students know the development of Accounting principles, concepts, methods, conventions, Procedures and rules from elementary stage to its present stage of development.
  2. To equip the students with the necessary skills and abilities in the preparation of financial reports and interpretation.
  3. To equip students with techniques of problem solving ability, planning, evaluating and controlling of activities for measuring profitability and efficiency.
  4. To acquaint students with the principles and techniques of decision making in the major operational and strategic areas of the organization.
  5. To make students know the application of Accounting principles, concepts, etc. in governmental units and not-for-profit organizations.
  6. To train students with contemporary Auditing practices and principles.
  7. To enlighten Students with the concepts and principles of auditing, role, duties and responsibilities of auditors in general and the audit practice in Ethiopia in particular.
  8. To provide training and consultancy services.
  9. To conduct research that will help in solving social problem.
Kerima Rahmeto (Msc)
Headdepartment of Accounting and Finance
Department of Economics
General Information
Economics studies human behavior in many settings. At the household level, economics investigates how a household allocates its income across goods, and how a household chooses how much to work, spend, and save. At the market level, economics investigates consumer decisions (what to buy and how much to spend); decisions firms make about their production methods and levels of output; and how these decisions jointly determine market prices, structure, and performance. At the aggregate level, economics investigates the determinants of growth and fluctuations of national income, the determinants of inflation and unemployment, the nature of trade and financial flows between nations, and how all of these are influenced by government monetary and fiscal policy.
At its heart, however, economics is more than a set of questions, but rather is a mode of thought, a set of precise analytical tools that can be used to study a wide variety of social science problems. Students are introduced to these tools in the core methodology courses of Microeconomics, Macroeconomics, and Econometrics. With these tools in hand, students are then able to study a wide variety of topics including labor-market outcomes, the role of the banking sector, the economics of developing countries, international trade, the role of the public sector and of the economic history. In addition, students have the option for advanced methodological study in dynamic optimization, game theory, and econometrics.
With the expansion of higher education and the need for highly specialized manpower in the country our university has started its operation in 2015. In the Ethiopian context, little attention has been given to the field despite the fact that the country is low in its capacity to effectively allocate its available economic recourses among alternative uses. It was with this in mind that the Department of Economics was opened under the College of Business and Economics of Oda Bultum University to mitigate the manpower shortage in the country.
It was established in 2016 as one of the department in the college of business and economics of the university. Currently, it offers undergraduate courses for economics department and also gives common courses for the departments in the college and outside the college like college of agriculture. In addition to the regular program, the department run undergraduate weekend continuous education program(CEP) at Hirna center. It has a plan to expand its CEP next year to such areas as Chiro, Bedessa and other areas based on the needs of the community.
The Department of Economics aims to become nationally recognized center of excellence for the quality of education and research in economics by 2025.
The Department of Economics is dedicated to producing competent, passionate, ethical and innovative professionals of economics that contribute to the socio-economic development of the nation through quality education, relevant research and community service. Our staff will engage in research to create and disseminate new knowledge, maintain high professional standards, and actively serve the University and Community.
The department’s major objective is to offer courses to all students of economics to undertake researches in socio-economics and to render service to the community in cooperation with all other departments.
The specific objectives include:
  • To provide training that promote critical thinking, analytical skills and enhance decision making abilities of our students to become productive and innovative citizens through Community Based Education (CBE).
  • To undertake research in line with the university and country development program,
  • To offer consultancy services for various organizations and provide community services.
  • Providing short term and long term on demand, on location training
  • Conducting Demand Driven research for industries, GOs and NGOs.
  • Offering Consultancy services for various organizations
  • Conducting staff initiated research activities
  • Providing software trainings such as SPSS, Minitab, E-views, STATA and Others
  • Offering weekend and distance mode of course
Students Profile
Current Regular Program Students: (Undergraduate 1st year)
                Female = 9           Male = 27        Total = 36
Current Continuing Education Program Students: (Undergraduate 1st year)
                Female = 10           Male = 38       Total = 48
Further enquiries and information regarding admission, research, collaboration and partnership can be forwarded to the Head of the Department:
Girma Teklehana Abberu
Department of Economics
College of Business and Economics, Oda Bultum University
Phone No. :    +251912101010/ 0936209282
Chiro, Ethiopia