Our Mission

To provide leadership in the management of the UniSey’s financial resources, ensuring regulatory compliance and providing timely delivery of services to all our stakeholders.

Our Values

We provide honest and ethical management of UniSey’s money.

We value integrity, trustworthiness, responsiveness, productivity and reliability in all our activities.

We adhere to professional accounting and financial standards.

Main Operational Processes

The main processes which generate the bulk of the Finance Section’s work throughout the year are the following:

• Year-end statutory reporting and annual report process.
• Quarterly reporting process
• Payroll and pension administration process
• Suppliers’ payment process
• Managing receivables process
• Forecasting and budgeting process
• Transaction management process

The Finance Section handles all payments and financial arrangements between our students and UniSey for tuition fees, exam resits, or other types of payments.

To minimise cash transactions, students are encouraged to settle their fees by bank transfer via the UniSey Nouvobanq account:

Bank Account Details

Account Name: University of Seychelles

Account No.: 01002038225006

Bank: Nouvobanq, Seychelles

Branch: Victoria House, Mahe

Swift Code: NOVHSCSC

How to conduct a bank transfer:

• Access your bank’s mobile or online app and follow the steps to complete the transfer.
• Ensure that your name and programme of study are clearly stated for ease of reference.
• Once the transfer is completed, share the bank receipt (either a scan or a hard copy) with the Finance Section.
• The Finance Section will issue a receipt as acknowledgement of payment.

Students with a Government Scholarship from ANHRD should ensure that they sign their Bond prior to starting their studies.

Students from Government bodies, Parastatals and Private companies are invoiced accordingly.

Self-funded students are offered a flexible payment plan and the option to either pay in full or by instalment through the signing of a payment plan with UniSey.

In case of any eventualities where payment cannot be completed, students are advised to alert the Finance Section in writing at the earliest for a decision to be taken.

All exam, re-sit of exam and repeating module(s) payments are to be made two weeks prior to the start of the exams or deadlines.

Once an invoice is issued, it is the responsibility of the individual to settle it before the due date, and the Finance Section should be informed of any non-compliance of payment within the due date.

Business Development Section

The primary focus of the Business Development unit is on creating long-term value by identifying and pursuing new opportunities for growth and increased revenue for the university.

This includes building and maintaining strong relationships with external local and international stakeholders, conducting market research, spotting new trends and business areas, identifying diversified revenue streams and improving existing products or services to increase profitability.

Procurement Section

The Procurement section oversees purchases and assesses products, services and supplier contracts to ensure the university obtains the best value and remains in compliance with all standards.