The UDBS has numerous outstanding links, cooperation and networks with other higher learning institutions and faculties worldwide in various areas. Several academic staffs serve as external examiners to various national and international institutions. Locally based institutions include Mzumbe University, Moshi University College of Co-operatives and Business Studies, Tanzania Institute of Bankers, National Board of Accountants and Auditors, National Board for Materials Management, Saint Augustine University of Tanzania, and Sokoine University of Agriculture. Foreign based universities include Nairobi University (Kenya), Makerere University (Uganda), Makerere Business University (Uganda), University of Swaziland (Swaziland), University of Lesotho (Lesotho), University of Zimbabwe (Zimbabwe), Strathmore Universities Nairobi (Kenya), Copper Belt University, Kigali Institute of Banking and Finance, Islamic University of Uganda and Nettel@Africa.
The scarcity of academic capacity in other higher learning institutions in Tanzania provides opportunities for the UDBS academic staff to serve as part-time teaching staff, to many of the local universities including, Muhimbili University of Health and Allied Sciences (MUHAS), Tumaini University(TU), Institute of Finance and Management (IFM), College of Business Education (CBE), Mzumbe University (MU), St. Augustine University of Tanzania (SAUT), Moshi University College of Co-operatives and Business Studies (MUCCOBS), and the Open University of Tanzania (OUT) just to mention a few.
The UDBS Tourism Research Group, lead by Prof. L. Rutashobya, organized tourism stakeholder’s workshop, inaugurated by Ms. Shamsa Mwangunga, Minister for Natural Resources and Tourism. The research was funded by the Investment Climate and Business Environment Research Fund (ICBE-RF).
In terms of financial support UDBS is supported by the government of Tanzania for most of the recurrent expenditures. Through its income generating activities, including student fees, UDBS has managed to support its operating expenses to a great extent. Research and capacity building funding has been supported by a number of donors and development partners including NUFFIC/NPT – Netherlands, Sida/SAREC – Sweden, NORAD – Norway, VLIR – Belgium, British Council – England, DANIDA – Denmark, and DAAD – Germany . Some international and bilateral organizations such as ILO, USAID, World Bank, EU, GTZ, UNIDO, UNDP, etc, sometimes commission the School of Business to undertake some specific action research projects. UDBS is part of the 10,000 women Goldman Sachs Ltd support program.
The school has close relations and networks with private and public sector organizations such as CRDB Bank Ltd, Commercial Bank of Africa, Exim Bank, National Bank of Commerce (NBC), Standard Chartered Bank, Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA), Business Environment Strengthening for Tanzania - Advocacy (BEST-AC), PRIDE (T), Tanzania Revenue Authority (TRA), and Vodacom. Part of these good links is facilitated through our graduates and Alumnae Association.