Several Institutions in Nigeria offer Banking and Finance as a course of study. A good number of Nigerian students who just finished secondary school choose Banking and Finance as a potential course of study. Many who end up studying this course in the university can comfortably secure jobs at the bank, financial institutions and cooperate entities.
For students who want to study Banking and Finance in the university, choosing the right subjects when writing WAEC and JAMB is paramount and important for subsequent placement and admission into the university or higher institution. In this article, we would be looking at the WAEC/WASSCE requirements needed to comfortably get admission to study Banking and Finance in the university.
Banking and Finance as a Profession in Nigeria
A career in banking in Nigeria opens up many doors of opportunity, and individuals in the banking sectors have many opportunities to put their qualifications to use in tangible ways.
Professionals with a suitable degree in banking and finance can be found assisting first-time homeowners in obtaining a loan, advising investors on the best sectors to invest in, analyzing international stock markets, creating budgets for individuals or businesses, brokering financial deals, or auditing existing financial records to ensure legal practices are followed.
Certifications are widely used in banking to provide existing banking professionals with concentrated knowledge in a specific area while also ensuring clients that they are educated on the subject.
Banking and Finance as a Course to Study
A banking and finance degree provides you with the specialized knowledge, skills, and experience needed to succeed in a field that has a significant impact on the success of our global economy. Because London is one of the best cities in the world for studying finance, our BSc in finance will provide you with the necessary skills to pursue international career opportunities in banking, insurance, and accounting.
If you major in Banking and Finance, you will learn about the systematic movement and management of money.
The finance function in firms ensures that activities are funded with equity or debt, and that firms can choose value-adding projects and manage cash flows, risk, and liquidity in the best interests of their stakeholders. Understanding the pricing of assets and derivative securities is critical in financial markets.
Banks and other financial intermediaries play an important role in these financial markets.
The BSc degree in Banking & Finance has been designed to improve access to continuous educational development for all who seek knowledge, regardless of location, number, age, or time, through distance learning, with the goal of providing an accessible, convenient, and flexible mode of learning for continuous educational development in the theory and practice of finance.
The program will also provide students with a quality education through independent learning while developing skills in various aspects of the Banking and Finance discipline to compete and positively contribute to the global financial environment.
WAEC Subjects Combination for Banking and Finance
The approved WAEC subjects’ combination for Banking and Finance include subjects such as.
- Government or Commerce
- Any Nigerian language (not always compulsory)
That means for your chances to get admission into an institution that offers Banking and Finance, one has to make sure in WAEC that he/she gets at least a C6 in Mathematics, English, Economics, Government or Commerce, and Any Nigerian language. Other additional courses that can be an added advantage include Further Mathematics, Geography, Biology, Data Science, Fishery, Civics Education etc.
The cut off mark for Banking and Finance is generally 200, although some universities accept 180 but to stand a chance to get admission, you should strive to get at least 230 to easily scale through whatever cut off mark that is set.
No, Geography is not compulsory for banking and finance. Compulsory subjects for Banking and Finance include Mathematics, Economics and English. You can also choose from either Government or Commerce.
Banking and Finance is a four-year course. After graduation, the student who studied banking and finance is awarded a bachelor’s degree in the field.
Banking and Finance is generally under the faculty of business administration.
For your chances to get admission into an institution that offers Banking and Finance, one has to make sure in WAEC that he/she gets at least a C6 in Mathematics, English, Economics, Government or Commerce, and Any Nigerian language (not always compulsory).