Department of Accounting and Finance - Newgate University Minna (NUM)

Bachelor of Science in Banking and Finance

admin — Wed, 29 Sep 2021 09:13:13 +0000

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.

Goals and Objectives

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.

Learning Outcomes (Competencies)

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.

Admission Requirements

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

The post Bachelor of Science in Banking and Finance first appeared on Newgate University Minna (NUM).

Bachelor of Science in Accounting

admin — Wed, 29 Sep 2021 08:49:00 +0000

About this Programme

The general philosophy of undergraduate training in the accounting programme is to provide the students with quality education and training that will develop the mind, impart both theoretical and practical knowledge on the individual student, develop self- confidence, help to be innovative and self-reliant in the field of accounting.

The learning objectives and outcomes are designed to provide students with capacity for critical thinking, technical knowledge, communication, teamwork, ethics and social responsibility, entrepreneurial skills, and use of technology.

The product of this programme should be able to design accounting systems to suit changing accounting requirements e.g. International Financial Reporting Standards (IFRS) and IPSAS of organizations and be professionally qualified to practice the profession.

Goals and Objectives

The major objectives of a Bachelor’s degree programme in Accounting are to:

To produce high level accounting personnel that can contribute to the development of accounting practice through researches and publications.
Provide basic knowledge and skills needed for the understanding and analysis of problems relating to accounting in the management of industrial, commercial, public and other human organizations;
Equip students with knowledge and skills of decision making; especially the analytical skills needed for recognizing, defining and solving problems;
Develop in students, leadership and interpersonal relations skills in accounting/management.
Provide training aimed at improving and upgrading the existing and potential manpower needed for national development.

Learning Outcomes (Competencies)

On successful completion of this programme, the student will be able to:

Explain basic concepts and techniques of core accounting subject matter, including financial accounting and reporting, managerial accounting, auditing, taxation, and accounting information
Prepare and evaluate financial statements in line with the provisions of IFRS and IPSAS and statements issued by the Financial Reporting Council of Nigeria.
Analyse management control systems, prepare budgets, and provide decision support for cost management and other managerial
Analyse accounting processes, evaluate risk, and recommend appropriate internal controls for accounting
Use accounting software to input and analyse data, improve efficiency and support management decision
Prepare basic tax returns, analyse and communicate the effects of basic tax rules on individuals, partnerships and corporate
Perform basic analyses of financial systems and statements, and write a report on the performance, financial condition, and management
Demonstrate skills and abilities relevant to the accounting profession, including effective written and oral communication and working effectively in
Identify ethical dilemmas in accounting practice and develop appropriate courses of action that consider the well-being and needs of the community and society beyond the boundaries of the professional
Engage in academic and professional development activities and become more aware of opportunities in the accounting
Leverage entrepreneurial and technological skills and experiences for career success.

Admission Requirements

Unified Tertiary Matriculation Examination (UTME) Entry Mode

In addition to the University general admission requirements, candidates for admission into the four year B.Sc. Accountancy Degree Programme through UTME should possess the Senior Secondary School Certificate (SSCE) or the General Certificate of Education (GCE) Ordinary level or an equivalent qualification with credit level passes in at least five subjects which must include English Language, Mathematics, Economics and any one of the following – Book keeping & Accounts, Commerce, or Government obtained at not more than two sittings.
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 Mode

Applicants seeking admission by direct entry should possess five credit passes in the SSCE or 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, Mathematics and Economics.
OND in relevant discipline with at least upper credit grade in addition to the five credit passes as in UTME entry described above.
HND in relevant discipline with at least lower credit in addition to five credit passes as in UTME entry described above above.
NCE in relevant discipline with merit level pass in addition to five credit passes as in as in UTME entry described above.
Final Certificate of relevant Professional Bodies in addition to five credit passes including English Language, Mathematics and Economics.

Inter University Transfer

Transfer students from other universities with related and relevant courses with a GPA of 2.5 on a 5-point scale. Such students must have O’ Level credit passes in English and Mathematics.
Transfer students from relevant courses in NUM must possess credit passes in Mathematics and English and must have completed at least one academic year in their previous course with average grades C.

Curriculum Structure

100 Level

Course code	Course title	Units	Status	LH	PH
	First Semester
ACC 101	Introduction to Financial Accounting I	3	C	30	45
AMS 101	Principles of Management	2	C	30	0
AMS 103	Introduction to Computers	2	C	30	0
GST 111	Communication in English	2	C	15	45
NUM-FIN 101	Introduction to Finance	3	C	45	0
NUM-BUA 101	Introduction to Business I	2	C	30	0
NUM-BIT 113	Introduction to E-Commerce and E-Business	2	C	30	0
	Sub-total	16		210	90
	Second Semester
ACC 102	Introduction to Financial Accounting II	3	C	30	45
AMS 102	Basic Mathematics	2	C	30	0
AMS 104	Principles of Project Management	2	C	30	0
GST 112	Nigerian Peoples and Culture	2	C	30	0
NUM-BUA 102	Introduction to Business II	2	C	30	0
NUM-ENT 102	Creative Problem Solving	2	C	30	0
NUM-GEN 102	Community Engagement and Social Development	3	R	15	90
	Sub-total	16		195	135
	Total	32		405	225

200 Level

Course code	Course title	Units	Status	LH	PH
	First Semester
ENT 211	Entrepreneurship and Innovation	2	C	15	45
ACC 201	Financial Accounting I	3	C	30	45
ACC 203	Corporate Governance & Accounting Ethics	3	C	30	0
NUM-FIN 209	Elements of Banking	3	C	45	0
NUM-FIN 219	Corporate Finance and Banking	3	C	45	0
NUM-BUA 203	Business Statistics	3	C	45	0
NUM-PMG 213	Project Finance and Resources Management	2	C	30	0
	Sub-total	19		240	90
	Second Semester
GST 212	Philosophy, Logic, and Human Existence	2	C	30	0
ACC 202	Financial Accounting II	3	C	30	45
ACC 204	Cost Accounting	3	C	30	45
ACC 206	Accounting Laboratory	3	C	15	45
NUM-BUA 204	Quantitative Analysis in Management	3	C	45	0
NUM-ACC 208	Professional Accounting Practice	2	C	30	0
	Sub-total	16		180	135
	Total	35		420	225

300 Level

Course code	Course title	Units	Status	LH	PH	Level
	First Semester
ACC 301	Financial Reporting I	3	C	30	45	300
ACC 303	Management Accounting	3	C	30	45	300
ACC 305	Taxation I	3	C	30	45	300
ACC 307	Auditing and Assurance I	3	C	30	45	300
ACC 311	Entrepreneurship in Accounting	3	C	30	45	300
	Sub-total	15		150	225
	Second Semester
ACC 302	Financial Reporting II	3	C	30	45	300
ACC 306	Taxation II	3	C	30	45	300
ACC 308	Public Sector Accounting & Reporting	3	C	30	45	300
ENT 312	Venture Creation	2	C	15	45	300
GST 312	Peace and Conflict Resolution	2	C	30	0	300
NUM-ACC 310	Accounting Information System	3	C	30	45	300
	Sub-total	16		165	225
	Total	31		315	450

400 Level

Course code	Course title	Units	Status	LH	PH
	First Semester
ACC 401	Advanced Financial Reporting	3	C	30	45
ACC 403	Auditing and Assurance II	3	C	30	45
ACC 405	Bankruptcy & Liquidation	3	C	30	45
NUM-FIN 419	Financial Statements Analysis	3	C	45	0
NUM-BUA 499	Research Methods and Proposal writing	3	C	0	45
	Sub-total	15		135	180
	Second Semester
ACC 402	Corporate Reporting	3	C	30	45
ACC 404	Financial Management	3	C	30	45
ACC 490	Project	6	C	0	270
NUM-ACC 406	Contemporary Issues in Financial Reporting and Regulation	3	C	45	0
	Sub-total	15	0	105	360
	Total	30		240	540

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