Finance is a term for matters regarding the management, creation, and study of money and investments.
Specifically, it deals with the questions of how and why an individual, company, or government acquires the money needed – called capital in the company context – and how they spend or invest that money.
About Programme:
Ghana is an emerging market with new financial institutions coming up. These financial institutions will need middle and top level managers to man them.
The purpose of the programme is to train people who will take up these roles in the financial institutions.
In addition, the services of financial experts will be needed by all organisations in the country.
The programme aims at providing people with the requisite skills to fill the vacancies in these organisations.
The country needs people with expertise in finance who have the necessary skills to make meaningful contributions to policy formulation, implementation, and evaluation.
The programme will produce graduates with comprehensive knowledge of the main concepts and analytical skills needed in the design, implementation, and evaluation of specific problems of development finance.
Entry Requirements:
Senior Secondary School Certificate Examinations, West African Senior School Certificate Examination and General Business Certificate Examination:
Senior Secondary School Certificate Examination (SSSCE)
Candidates must obtain passes (A-D) in six (6) subjects comprising three core subjects, including Core English Language and Core Mathematics, Integrated Science or Social Studies.
Also, candidates must have passes in any three elective subjects including Financial Accounting.
The applicant’s aggregate should not exceed 24.
West African Senior Secondary School Certificate Examination
Candidates must obtain passes (A1-C6) in six (6) subjects comprising three core subjects including Core English, Core Mathematics, Integrated Science, or Social Studies.
Also, candidates must have passed in any three elective subjects including Financial Accounting.
The applicant’s aggregate should not exceed 36.
General Business Certificate Exams
Candidates with credit passes (A-D) in six (6) subjects comprising three core subjects including English Language and Mathematics plus three (3) relevant elective subjects would be eligible for admission into level 100.
General Certificate of Education (GCE) Advanced Level Candidates: Passes in three (3) subjects (at least, one of the passes should be Grade D or better), Also the applicant must have had credit passes (Grade 6) in five GCE Ordinary Level subjects including English Language, Mathematics and a Science subject (for non-science students).
Higher National Diploma Candidates
Applicant must have graduated with a good HND certificate (i.e. at least 2nd Class Lower Division).
In addition, the applicant must have acquired a 2-year post-HND qualification working experience.
Candidates with Higher National Diploma (HND) in business-related programmes may be admitted to Level 300.
Other HND holders with at least Second Class may be admitted to Level 200. Other Diploma qualifications from elsewhere assessed to be equivalent to HND may be similarly considered.
Advanced Business Certificate Examination (ABCE) Candidates
Candidates with a full Diploma Certificate in ABCE must have had credit passes in five (5) subjects including English Language, Mathematics, Integrated Science or Social Studies in the General Business Certificate Examination (GBCE) or SSSCE or WASSCE.
ABCE candidates may be considered for admission at level 200 of a degree programme.
Mature Candidates
The applicant must be at least 25 years old and show proof of age with a birth certificate or any legitimate documentary proof of date of birth which is at least 25 years old at the time of application.
For admission, applicant must pass Mature Students’ Entrance Examinations conducted by the University of Cape Coast in English Language, Mathematics and an Aptitude Test.
Professional Certificate Holders
Candidates with Part I of the following Professional Accountancy Bodies: Institute of Chartered Accountants (Ghana), Chartered Institute of Management Accountants, Association of Chartered Certified Accountants, Institute of Chartered Secretaries and Administrators and Chartered Financial Analysts may be admitted.
Foreign Qualification
All foreign qualifications would be referred to the National Accreditation Board (NAB) for determination of equivalence and eligibility for admission to the programme.
Career Opportunities:
The overall goal of the programme is to provide business education aimed at developing accounting personnel and managers with the requisite knowledge, skills, attitudes and abilities in the prudent management of funds in the private and public sectors of the economy.
Objectives of the Programme
Having completed the programme, the graduate will:
1. be equipped with the requisite knowledge, skills, attitudes and abilities required for the prudent management of funds;
2. be able to prepare and present financial reports in accordance with the relevant Accounting Standards (i.e. International Financial Reporting Standards), and in line with the institutional, legal and regulatory framework in Ghana;
3. be provided with opportunities for career development and advancement in the field of accountancy;
4. gain global significance and work efficiently and effectively in any part of the globe; and
5. develop entrepreneurial spirits coupled with confidence, innovativeness, creativity and a hunger for success in their chosen discipline.
Components of the programme
This is a four-year degree programme, made up of course work and a project work.
The first year of the programme would focus on University-wide courses. The second year courses focus largely on Faculty-wide and departmental courses.
The major finance courses (electives courses) starts from Level 300.
Students offering Bachelor of Commerce (Finance) would undergo two (2) months of industrial attachment during two separate long vacations (Level 200 and 300).
The purpose is to expose the students to real work situations to enable them to better appreciate the principles and concepts taught in the lecture room.