B.Sc. Banking & Finance


The Bachelor of Science (B.Sc.) in Banking and Finance is an alternate degree programme offered by the Department of Management Sciences. The degree is acquired through Course Work and Research Project. The major emphasis is on Banking, Finance, Financial Management, Investment Analysis, Project Evaluation, Insurance, and Research.

PHILOSOPHY

The Banking and Finance academic programme is developed on the fundamental premise that the individual is living in a modern, dynamic and monetised global economy which poses challenges and uncertainties in decision making. The guiding philosophy of the programme is, therefore, to inculcate in the individual the ability to identify, analyse, and offer solutions to complex financial problems that may arise from the technologically changing financial environment. The programme also aims at inculcating in the individual the sound Christian moral discipline and basic work ethics that are required in a monetized production economy which will culminate in self-reliance and individual actualization.

OBJECTIVES

Education in Banking and Finance has the objective of developing the necessary financial intelligence that will enable the individual to occupy managerial positions in government and private sector establishments. The specific objectives of the programme are:

To equip graduates with required financial intelligence and managerial skills necessary to cope with the challenges of middle and top management positions in industrial and public organisations such as Commercial and Merchant banks, Finance and Investment companies, Insurance companies, Oil companies, Hospitality Industry, Foreign Services, International NGS, as well as succeed in self-employment.To equip graduates with required financial intelligence and managerial skills necessary to cope with the challenges of middle and top management positions in industrial and public organisations such as Commercial and Merchant banks, Finance and Investment companies, Insurance companies, Oil companies, Hospitality Industry, Foreign Services, International NGS, as well as succeed in self-employment.

To equip students with the skills needed for recognizing and defining problems and taking appropriate decisions in the banking sector using scientific techniques and tools.

To develop leadership and interpersonal relations skills which are needed for working in modern organisations.

To inculcate in students awareness of and sensitivity to environmental factors and conditions and their impacts on decision making in a monetised economy.

ADMISSION REQUIREMENTS

The minimum requirements for candidates seeking admission into the B.Sc. (Banking and Finance) degree programme of Rhema University Aba are as follows:

UTME (4-Year Full-Time Degree Programme)

Credit passes in West African Secondary School Certificate Examination (WASCE), SSCE, NECO, or its nationally recognized equivalents in Economics, Mathematics, and English Language plus any other 2 subjects (in a maximum of two sittings). In addition, the student must pass the post-UTME screening test of Rhema University.

Direct Entry (3-Year Full Time Degree Programme)

For the time being, direct Entry applicants should possess five credit passes in the GCE (or equivalent) examination at least two of which shall be at the Advanced Level or four credit passes at least three of which shall be at the Advanced, Level provided that subjects are not counted at both levels of the examination. Credit passes at the Ordinary Level must include English Language and Mathematics.

DURATION OF THE PROGRAMME:

A full-time UTME student of Banking and Finance should spend four years to obtain a Bachelor degree. However, where a fails to graduate within stipulated period, additional 50 per cent of the duration of the programme is allowed. On the other hand, Direct entry programme in Banking and Finance is for a period of three years, with additional 50 per cent of the duration if a student fails to graduate within stipulated period.

GRADUATION REQUIREMENTS:

The requirements for graduation are for a student to pass all courses prescribed by the department and to show himself/herself worthy in character for the duration of the programme.