Research Details

  • Category : Undergraduate
  • Research Year : 4 Years
  • Location : Department of Accounting and Finance
  • Delivery Mode : Bachelor of Science in Banking and Finance

About this Programme

Banking and Finance are two of the most important fields that are growing locally and globally. The Bachelor of Science (BSc) in Banking and Finance, offered by Newgate University Minna (NUM), is a four-year, full-time study program. The degree programme introduces students to the fundamentals of Banking and Finance and provides them with the skills necessary for a broad understanding of the theoretical and practical aspects of the banking and finance sectors within a global economy characterized by continuous development, innovation, competition and change. The Program will prepare students for a specialist career in accountancy, consulting, commercial or investment banking, trading and sales or risk management, as well as areas of business management.

The University has created an effective learning environment, which will allow students access to the latest banking and financial sector knowledge.

The aim of the program is to develop students’ knowledge and understanding of the theories and principles underpinning banking, finance and capital markets, and their application to retail and wholesale financial services within the broader context of globalized banking and financial services.

Within the context of achieving the Institute’s mission statement the BSc in Banking and Finance aims to:

  • Develop students’ knowledge and understanding of the theories and principles underpinning banking and finance, and their application to retail and wholesale financial services within the broader context of globalized banking and financial services.
  • Ensure graduates have the knowledge and skills to identify, assess and manage risk exposures inherent in financial institutions and markets.
  • Enable the development of intellectual skills including critical, analytical and problem-solving skills.
  • Support the development of a range of subject-specific and general practical and transferable skills.
  • Develop students’ ability to analyze, interpret and communicate financial information.
  • Develop students’ interpersonal, research, computing and communication skills.

On completion of B.Sc. in Banking and Finance programme, graduates will be able to:

  • apply banking and financial knowledge in the operation and management of banks, financial institutions and other organizations and be professionally qualified to practice the professions.
  • Use a comprehensive range of theoretical and practical knowledge to solve complex problems in core areas of banking, financial markets and risk-management.
  • Critically evaluate the theory and practice of investment analysis for firms and investors to inform financial decision making.
  • Apply research techniques to collate and assess a range of information sources to prepare financial analysis using quantitative analysis techniques and reasoning.
  • Work independently to solve complex problems, and contribute effectively to completing, and leading, team’s projects.
  • Assess customer’s financial needs and recommend appropriate financial products and services.

Unified Tertiary Matriculation Examination (UTME)

  • To be admitted under this mode, candidates are required to possess the senior secondary school certificate (SSCE) or the General Certificate of Education (GCE) ordinary level or its equivalent with credit in five subjects including English Language, Mathematics and Economics plus any one of the following; Commerce, Geography, Government or Accounting.
  • In addition, an acceptable pass in the Unified Tertiary Matriculation Examination (UTME), with relevant subject combination is required for Admission into 100 Level.

Direct Entry (DE)

  • To be admitted under this mode, candidates are required to possess the senior secondary school certificate (SSCE) or the General Certificate of Education (GCE) ordinary level or its equivalent with credit in five subjects including English Language, Mathematics and Economics plus any one of the following; Commerce, Geography or Government. In addition, candidates with Advanced level credit in Economics, Government, and Accounting are qualified to be admitted by direct entry mode.
  • Also, candidates with the A-level, Ordinary National Diploma (OND), National Certificate in Education or Higher National Diploma (HND) obtained from accredited Polytechnics, Colleges of Education or Institutes with upper credit level pass in Accounting, Economics. Business Administration, Marketing, Business Management, and Business Communication are qualified to be admitted by direct entry mode.
Curriculum Structure
Year 1 Semester 1
Course Code Course Title Unit Status LH PH
ACC 111 Introduction to Accounting & Financial Reporting I 3 C 30 30
AMS 101 Principles of Economics 2 C 30 0
AMS 102 Basic Mathematics I 2 C 30 0
AMS 103 Introduction to Computers 2 R 15 30
BAF 101 Introduction to Finance 3 C 45 0
BUA 101 Introduction to Business I 3 C 45 0
GST 111 Communication in English I 2 C 30 0
GST 112 Logic, Philosophy and Human Existence 2 R 30 0
GST 113 Nigerian Peoples and Culture 2 R 30 0
Subtotal 21 285 60
Year 1 Semester 2
Course Code Course Title Unit Status LH PH
ACC 121 Introduction to Accounting & Financial Reporting II 3 C 30 30
ACC 125 Corporate Governance & Accounting Ethics 2 R 30 0
AMS 104 Basic Mathematics II 3 C 45 0
BUA 102 Introduction to Business II 3 C 45 0
GST 121 Use of Library, Study Skills and ICT 2 C 30 0
GST 122 Communication in English II 2 C 30 0
GST 123 Communication in French 2 E 30 0
GST 124 Basic Communication in Arabic 2 E 30 0
GST 125 Contemporary Health Issues 2 C 30 0
Subtotal 21 300 30
Year 2 Semester 1
Course Code Course Title Unit Status LH PH
ACC 211 Financial Accounting & Reporting I 2 C 30 30
ACC 215 Cost and Management Accounting 2 C 30 0
BAF 201 Introduction to Financial Systems 2 C 30 0
BAF 204 Quantitative Analysis 2 C 30 0
BAF 210 Banking Methods and Practice 2 C 30 0
BAF 211 Financial Mathematics I 3 R 45 0
BUA 201 Principles of Business Administration I 3 E 45 0
GST 211 Environment and Sustainable Development 2 C 30 0
PPL 501 Company Law I 4 E 45 45
GST 213 Introduction to Entrepreneurial Skills 2 C 30 0
Subtotal 24 345 75
Year 2 Semester 2
Course Code Course Title Unit Status LH PH
ACC 221 Financial Accounting & Reporting II 3 C 30 30
BAF 203 Business Mathematics and Statistics 2 R 30 0
BAF 209 Elements of Banking 3 C 45 0
BAF 212 Financial Mathematics II 3 R 45 0
BAF 215 Applications of Computer in Finance & Banking 3 C 30 30
BUA 202 Principles of Business Administration II 3 E 45 0
GST 222 Peace and Conflict Resolution 2 E 30 0
GST 224 Leadership Skills 2 R 30 0
PPL 502 Company Law II 4 E 45 45
Subtotal 25 330 105
Year 3 Semester 1
Course Code Course Title Unit Status LH PH
BAF 305 Financial Systems in Nigeria 3 C 45 0
BAF 307 Universal Banking 3 C 45 0
BAF 309 Banking Practice 3 C 45 0
BUA 305 Financial Management 2 C 30 0
ECO 315 Monetary Economics I 2 C 30 0
GST 311 Entrepreneurship 3 R 30 15
BAF 303 Principles of Finance 3 C 45 0
BAF 311 Elements of Marketing 3 C 45 0
SEI 311 Corporate Finance 2 C 30 0
Subtotal 24 345 15
Year 3 Semester 2
Course Code Course Title Unit Status LH PH
AMS 320 Research Methods 3 C 45 0
BAF 308 Bank Lending and Credit Administration 3 C 45 0
BAF 310 Comparative Banking 3 C 45 0
BAF 315 Investment Management 2 R 30 0
BUA 313 Innovation Management 3 C 45 0
BUA 406 International Business 3 C 45 0
ECO 325 Monetary Economics II 2 C 30 0
BAF 399 Banking and Finance SIWES 3 R 0 45
Subtotal 22 R 285 45
Year 4 Semester 1
Course Code Course Title Unit Status LH PH
BAF 409 Electronic Banking 3 C 45 0
BAF 410 Capital Market and Portfolio Theory 3 C 45 0
BAF 411 International Finance 3 C 45 0
BAF 414 Marketing of Financial Services 2 C 30 0
BUA 401 Business Policy and Strategy I 3 R 45 0
BUA 407 Business Communication Skills I 3 C 45 0
BUA 411 Analysis for Business Decisions 3 R 45 0
ECO 405 Project Evaluation 2 C 30 0
PPL 405 Law of Banking I 2 R 30 0
Subtotal 24 360 0
Year 4 Semester 2
Course Code Course Title Unit Status LH PH
AMS 420 Research Project 6 C 15 150
BAF 416 International Trade and Finance 2 R 30 0
BAF 417 Banking and financial institutions 3 C 45 0
BUA 402 Business Policy and Strategy II 3 R 45 0
BUA 408 Business Communication Skills II 3 E 45 0
IRP 318 Public Relations in Organizations 2 R 30 0
PPL 406 Law of Banking II 2 R 30 0
SEI 422 Financial Modelling and Forecasting 2 C 30 0
Subtotal 23 210 195