The bonanza was one of the institute’s activities, which are held ahead of this year’s graduation ceremony slated to take place at the end of this month.
The IFM Rector, Thadeus Satta, who presided over the bonanza’s launch, said the event took place for first time in the institute’s history.
He said the sports bonanza will be followed by other activities, which include an exhibition and paper presentations, which will be attended by academicians and the entire family of IFM.
“Sports are healthy, therefore it is important to adhere to regular physical exercises to reduce such unnecessary diseases like non-communicable diseases,” he said.
The don noted that sports are also important in promoting solidarity and unity between the staff, students and the rest of the institute.
He said this year’s bonanza’s theme is ‘Towards Semi-Industrialized Economy, The Role of Higher Learning Institutions in Tanzania.’
He said the selected theme resonates with the dream of Tanzania’s fifth phase government of reaching the industrial economy by 2025.
The IFM graduation ceremony will be held in Mwanza and Dar es Salaam on November 22 and November 29 respectively.
The ceremony, which will take place in Dar es Salaam, will be graced by Prime Minister, Kassim Majaliwa.
Established in 1972, the IFM that stands as the oldest higher learning financial institution in Tanzania is dedicated to excellence in teaching, research, and consultancy.
Currently, the institute enrolls about 8,400 students in both undergraduate and graduate programs.
At IFM, students are inspired and challenged to investigate critical issues of the 21st century in areas of financial management, insurance, social protection, and information technology.
IFM offers an unparalleled student experience, both in and out of the classroom.
The Institute has four faculties that award certificate, diploma and degree, postgraduate diploma, and master’s degree.
From to time to time, the institute offers short courses to address certain needs in the market. Up to date, the Institute has 13,652 alumni.