Banking and Finance

General Information and Academic Programme

The Department of Banking and Finance offers a four-year degree programme leading to the award of the Bachelor of Science degree in Banking and Finance. The degree is acquired through course work and Research project. The major emphasis is on Banking, Financial Management, Investment Analysis and Project Evaluation.

Philosophy and Objectives

The Departmental academic programme is developed on the basic premise that the individual is living in a modern, dynamic and monetized economy, which poses challenges and uncertainties in decision making. Hence the programme is designed to inculcate in the individual the ability to identify, analyze and offer solutions to complex financial problems that may arise from the technologically changing financial environment.
The programme also aims at cultivating in the individual the basic work ethics that is required in a production economy which will result in self-reliance, sound moral discipline and individual actualization.

Education in Banking and Finance aims at developing the necessary financial tools that will enable the individual occupy managerial positions in government and private sector establishments such as Commercial and Merchant Banks, Insurance Companies, Finance and Investment Companies, Brokerage firms, Commerce and Industry as well as succeed in self employment.

Students of Banking and Finance will be taught courses on the portfolio behaviour of banks and non-bank financial institutions. They will equally be exposed to the techniques of share valuations of profit maximizing and non-profit making organizations. The curriculum will enable the students to appreciate the significance of capital expenditure decisions which are necessary for sustainable economic growth. Also emphasis is equally placed on thrift through courses in personal financial management.

At the completion of four years of rigorous academic work the students of Banking and Finance must have acquired the necessary knowledge to cope with the challenges of the wider society.