Dean’s Office 2004 / 2005 Staff List

FACULTY OF THE MANAGEMENT SCIENCE

OBJECTIVES

FACULTY ADMISSION REQUIREMENTS FOR PART-TIME DEGREE PROGRAMMES

REGULATIONS

University Requirements

Introductory Course in Mathematics for Management Sciences (FMS and FMS 102)

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DEPARTMENT OF ACCOUNTING STAFF LIST

Admission Requirements

B. SC Degree Programme in Accounting

COURSE OUTLINE

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DEPARTMENT OF BANKING AND FINANCE

DEPARTMENT OF BANKING AND FINANCE STAFF LIST

ADMISSION REQUIREMENTS

COURSE DESCRIPTION

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DEPARTMENT OF BUSINESS ADMINISTRATION

DEPARTMENT OF BUSINESS ADMINISTRATION STAFF LIST

Admission Requirements

COURSES DESCRIPTION

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DEPARTMENT OF ECONOMICS STAFF LIST

DETAILS OF COURSES BY YEAR OF PROGRAMME

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DEGREE PROGRAMME IN PURCHASING AND SUPPLY MANAGEMENT

Admission Requirements

Details of Courses by Year Programme

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 Dean’s Office 2004 / 2005

FACULTY OF THE MANAGEMENT SCIENCE

OBJECTIVES

The Faculty Management Sciences aims at training articulate and progressionally competent social scientist and managers imbued with the right attitude to work for the service of the society. The faculty also aims at promoting, advancing and disseminating knowledge in the field of social and management sciences and to explore the use of such knowledge for the advancement of the society

In the pursuance of these objectives, the Faculty offers nine degree course in Accounting, Banking and Finance, Business Administration, Economics, Purchasing and Supply Management, Each of these constitutes a full-fledged Department in the Faculty with the exception of Purchasing and Supply Management.

The Faculty emphasizes an integrated approach in which students not only specialize in specific areas but also take core courses in other departments within and outside the Faculty. In addition, the Faculty place, high premium on research and organization of conferences, seminar, workshops and symposia for the advancement of knowledge and the society in general.

FACULTY ADMISSION REQUIREMENTS FOR PART-TIME DEGREE PROGRAMMES

Five-Year Programme

Candidates must possess a minimum of five credits at not more than two sittings, in English Language, mathematics and three other relevant subjects at WAEC, SSCE, NECO OR GCE ‘O’ Level.

Four –Year Programme

In addition to the above conditions applications must pass at the G.C.E. ‘A’ Level, G.C.E., H.S.C or approved equivalent examination in at least two other subjects. Holders of OND, NCE with relevant experience and a minimum of lower credit and merit respectively may be accepted.

Three-Year Programme

In addition to general entry requirements holders of HND in Banking and Finance, AIB, ACCA, B.Sc. in related disciplines with working experience may be considered.

Two-Year Programme

In addition to the general entry requirements, holders of ACIBN with working experience in financial institutions may also be accepted.

REGULATIONS

1.) The Faculty and Management Sciences shall provide courses leading to the Bachelor of Science (B.Sc.) Degree which may be awarded with Honours or as a Pass Degree. Students shall be required to major in any one of the constituent Departments of the Faculty as the Faculty Board may recommend to Senate from time to time.

2.) The Faculty shall operate a course system, based on two-semesters per session (Harmattan and Rain). Students will be required to register and take approved courses as set out by each Department, recommended by the Faculty and approved by the Senate.

3.) Courses shall be evaluated in terms of course units. A course unit is defined as one lecture/tutorial contact hour per week; one three-hour practical class per week, throughout a semester; or any combination of these. The minimum and maximum number of courses and number of units that can be offered during each semester or each year shall be determined by the Senate on the recommendation of the Faculty Board.

4.) There shall be four levels numbered 101-199; 201-299; 301-399 and 401-499. Courses shall be prefixed by a three-letter subject code such as ACC for Accounting; BFN for Banking and finance; BUS for Business Administration; Eco for Economics; PSM for Purchasing and Supply Management. No two subjects can have identical codes; and each course shall have a title and a course content description.

5.) The following standard terminologies shall be used for different categories of courses.

(a)    Any course that is designated compulsory (C) by a Department must be taken and passed.

(b)    Any course designated Required (R) by a Department must be taken but not necessarily passed. Where there is a group of such courses, the Department must state the minimum of number of units to be passed.

(c)    Courses designated Electives (E) are to be taken to make up the required additional units for the award of the Degree.

(d)    Courses designated Pre-requisites are those, whose knowledge are essential prior to taking another specified course(s). a pre-requisite course shall not be offered in the same academic your with the course to which it is a pre-requisite.

(e)    Courses designated as Concurrent are specified courses at the same level, which must be taken within the same semester.

6.) All courses taught during each semester shall be examined at the end of the semester and candidates will be credited with the number of units passed.

7.) All courses shall be examined by continuous assessment through assignments and/or periodic tests which shall not constitute more man30% for theoretical courses, and 40% for practical courses.

8.) To qualify for a Degree of B.Sc. in this Faculty, a student shall satisfy the following basic requirements and others that may be prescribed by the Faculty Board from time to time.

(a)    Attend lectures and tutorials in the Faculty throughout the prescribed period of study which shall normally be ten (10) semesters for four year programme Direct Entry students, and six semesters for 3 years programme except where more or less time is permitted by the faculty.

(b)    Students must take and pass the under listed courses as prescribed by the University and Faculty Board.

University Requirements

GNS 101 GNS 201

GNS 102 GNS 202

GNS 104 GNS 203

GNS 204

Faculty Requirements

GNS 101 and 102

SMS 201 and 202

PHL 103

Department Requirements

As stipulated by the Department from time to time. (See Departmental Regulations).

9. At the end of the first year, a student shall be required to obtain a minimum of 20 units (excluding units from the General Studies Courses). A student who obtains 10-15 units shall be allowed to register for the next higher courses whilst carrying additional load of units from the lower level to make up the units of the student in the first year. A student, who fails to obtain 20 units in the second year, shall withdraw from the University.

10. A student who fails to obtain 10 units at the end of the first year, 20 units at the end of the second year, 30 units at the end of the third year or 40 units by the end of the fourth year shall be required to withdraw from the Faculty.

11. Similarly, a student who fails to record a cumulative grade pint average (CGPA) of 1.0 in two consecutive semesters shall be asked to withdraw from the faculty.

12. Degrees shall be classified as First Class Honours, Second Class Honours (Upper and Lower), Third class Honours and Pass.

13. The Grade Point Average System shall be used for the determination of the class mark and the class of degree. The final aggregate mark shall be a whole number. The class of the degree shall be awarded on the basis of the final aggregate marks as shown below:

Marks Letter Grade Grade Point

70% and above A 5

60% -69% B 4

50% - 59% C 3

45% - 49% D 2

40% - 44% E 1

The class of the Degree shall be awarded on the basis of the following Grade Point Average (GPA):

First Class 4.50 – 5.00

Second Class (Upper Division) 3.50 – 4.49

Second Class (Lower Division) 2.40 – 3.49

Third Class 1.50 – 2.39

Pass 1.00 – 1.49

14.) A student who has taken more than four semesters in excess of the approved minimum period of study to complete a degree programme shall not normally be eligible for an honours classification.

15.) External examiners appointed from reputable Universities shall participate in the conduct of the 400-level examinations under the general regulations relating to the duties of external examiners in the University.

16.) At the end of every academic year each student (except those at the 100 level) shall be issued with the transcripts of the first and second semester results. Graduating students will be issued with transcripts of their academic record in the University after ratification by Senate.

Introductory Course in Mathematics for Management Sciences (FMS and FMS 102)

Course Objectives:

These courses are designed to provide students in the Social Sciences the required Mathematical and analytical tools and techniques mat are beneficial to the successful completion of other courses in the faculty. The courses are therefore designed in such a way that students that have had the basic knowledge of mathematics at the Secondary School level would be able to cope effectively, since examples and applications of the basic concepts are derived from their specialization.

It is also expected that whatever skills are imparted at this level would be useful throughout the duration of the student course. They may also find it useful at the Postgraduate level Needless to add that the courses are part and parcel of the NUC minimum requirement in the faculty.

FSMS 101: Introductory Mathematics for the Social and Management Science I

Set theory: Different types of sets, unions, intersect of empty and universal sets, Subsets, Venn Diagrams, Applications in research and quantitative reasoning in the Social Sciences. Operation, Linear equations. Simultaneous equations; quadratic equations, Inequalities, Partial with real Fractions, Indices Logarithms, Remainder Theorems.

Numbers: study of Common fractions, decimal fractions and aliquot imparts; exponential, scientific and Numbers and binary notations percentages, simple and compound Interest. Fundamental Operations: Sequences and Finite sequences and series. Arithmetic and Geometric progressions. Application in Series: present values, and Annuity calculations including Use of tables, Growth theories, Growth of National Income. ‘Low growth rates; multipliers etc. binomial Theorem: Permutations, combinations applications in the Social Sciences Binomial theorems and application. Matrices; Addition; multiplication and Inversion of matrices; Determinants; use of matrices in social sciences especially in operations Research, Input-Output Analysis and models etc.

FSMS 102: Introductory Mathematics For and Social Management Science II

Basic Trigonometry: Definitions and properties of sine, cosine, tangent, secant, cosecants cotangents etc. periodic properties of Trigonometric function, sine and cosine formulae. Applications in the social sciences.

Coordinate geometry: Location of a point, equations of a straight-line, Equation of lines and circles, and Application in cost curves, supply and Demand curves, polar Co-ordinates, General equation of the second degree.

Introductory to Probability theory: Probabilities conditional probabilities, tree diagrams, frequency distributions, mean, variance and covariance, condional expectations. Applications in calculating risks and uncertainties in the social sciences, Decision theories.

Calculus: Continuity and limits, Differentiation of single and several variable functions, Maxima and Minima and their applications in Finance, Accounting, Economics, Business etc.

DEPARTMENT OF ACCOUNTING STAFF LIST

OBJECTIVES

The Department of Accounting of Ogun State University, Ago-Iwoye, offers a programme leading to the award of a Bachelor of Science (B.Sc) with honours or as a pass degree. The objectives of the B.Sc (Accounting) degree programme include among others:

(i)    Preparing students for carriers in the public and private sectors of the economy.

(ii)    Providing a strong background for research and post-graduate studies.

(iii)    Preparing students for the acquisition of necessary professional competence that is required by national and internal Accounting bodies. In achieve the objectives above; the Department places much emphasis on quantitative approach to financial statements analysis and managerial decision making. Students in the Department shall be exposed to all areas of Accounting including financial, managerial, auditing and public sector.

Admission Requirements

(a) 5-Year Degree Programme

Candidate must have five ‘0’ level credits in SSCE or GCE at not more than two sittings in subjects which must include English Language and Mathematics.

(b) 4-Year Degree Programme

In addition to the requirements in (a) above, candidates must have any of the following:

(i)    Good passes in at least two subjects in GCE "A " level for HSC

(ii)    OND (accounting) or financial studies, with at least lower credit pass.

(iii)    ICAN ATS (Final part)

(iv)    Foundation pass in recognized professional bodies such as ICAN, CIMA, ACCA, CIBN, CIMN, CIS, CIA, etc

(v)    At least ten years working experience in accounting

Requirement For the Award of B.Sc (Accounting) Degree

5- Year Programme

The minimum number of units to be passed to qualify for a B. Sc. degree in the Department is 166 which is broken down as follow:

(a)    University Requirements: pass 16 units

(b)    Faculty Requirements: pass 12 units

(c)    Departmental Requirements:

        (i)    Compulsory: pass all 126 units

        (ii)    Required (score 30% or above) in 3units

        (iii)    Elective: pass any 12 units

4-Year Programme

The minimum number of units to be passed to qualify for a B.Sc. degree in the department is 136 which is broken down as follows:

(a)    University Requirements

(b)    Faulty Requirements

(c)    Departmental Requirement

        (i)    Compulsory

        (ii)    Required (score 30%or above)

        (iii)    Elective

The class of Degree shall be based on the cumulative grade point average scored by the student in all compatible taken during the period of the degree programme.

B. SC Degree Programme in Accounting

Year 1

Harmattan Semester

Compulsory: ACC 101, BUS 101, POL 101, SOC 101, ECO 101

Required: GRD 122

Electives: Nil

Rain Semester

Compulsory: ACC 102, BUS 102, POL 102, SOC 102, ECO 102

Required: Nil

Electives: Nil

Year 2

Harmattan Semester

Compulsory: ACC 203, ACC 205, ACC 301, SMS 201, GNS 201, GNS 203

Required: Nil

Elective: Nil

Rain Semester

Compulsory: ACC 204, ACC 206, ACC 302, SMS 202, GNS 204

Required: Nil

Elective: Nil

Year 4

Harmattan Semester

Compulsory: ACC 303, ACC 305, ACC 307, ACC 309, BFN 312

Required: Nil

Elective: BUS 301

Rain Semester

Compulsory: ACC 304, ACC 306, ACC 308, ACC 310, ACC 312, BUS 312

Required: Nil

Elective: BUS 318                                                                                                                                                         

NB: BUS 301 and BUS 318 are Elective course. Students are expected to register and pass any of the two courses

Year 5

Harmattan Semester

Compulsory: ACC 401, ACC 403, ACC 405, ACC 407, ACC 408

Required: BUS 401

Elective: BUS 403, BUS 405, ECO 405

Rain Semester

Compulsory: ACC 402, ACC 404, ACC 406, ACC 499

Required: Nil

Elective: BUS 406, BFN 410

NB. Out of the five Elective courses, you are expected to choose which must be passed.

Special Note: 5-Year Degree students will start from Year 1 and complete their programme in Year 5, while 4-Year degree students will start from Year and complete their programme in Year 5.

COURSE OUTLINE

ACC 101: Principles of Accounting (1)

Nature and purpose of accounting

Users of Accounting Information

Source documents and subsidiary books (Cash book, and Journals)

Double entry principle-and Ledges

Trial Balance

Correction of errors and Suspense Account

Capital and Revenue, Income and Expenditure

Bank Reconciliation Statement

Accounting concepts and Conventions

Final Accounts of a Sole Trader

Adjustments to Final Accounts

Provisions and Reserves

ACC 102: Principles of Accounting (II)

Manufacturing Accounts

Acquisition, Depreciation and Disposal of Fixed Assets

Single entry book-keeping and incomplete records

Self balancing Ledgers & Control Accounts

Accounts of not for profit making organizations

Analysis interpretation of Accounts

ACC 201: Financial Accounting (1)

Partnership Accounts

P & l Appropriation and Balance Sheet

Capital and Current Accounts of Partners

Admission/Retirements of a Partner

Dissolution of Partnership

Company Accounts

P & L Appropriation

Balance Sheet

Issue, Forfeiture and Redemption

Debentures – Issue and Redemption

Sinking Fund Account

Investment Accounts

Joint Ventures Account

Container Account

ACC 202: Financial Accounting (II)

Contract Account

Consignment

Departmental Account

Branch Account

Underwriters

Royalties

Hire Purchase

Pension and Provident Fund Accounts

Bankruptcy Accounts

Bill of Exchange

ACC 203: Cost Accounting (1)

Nature and Purpose of Cost Accounting

Theory of Cost Behaviour

Materials Costing

Overhead

Process Costing

Job/Batch Costing

ACC 204: Costa Accounting (II)

Introduction to Standard Costing and Elementary Variance Analysis

Introduction of Marginal Costing

Break –eve Analysis

Joint Costing

Budgets and Budgetary Control

Cost Accounting Ledger

Uniform and Integrated Costing Accounting Systems

ACC 301: Advanced Financial Accounting (1)

Published Accounts

Vertical Presentation of financial statement

Value added statement

Statement of Cash Flow

Accounting Standards

- Types and procedures for issues

- Description of accounting standards to financial reporting

Share and Business Valuation

ACC 302: Advanced Financial Accounting (II)

Group Accounts

Consolidated Balance Sheet

Consolidated profit and loss A/c

Group statement of each flow

Associate companies and subsidiaries

Foreign Current Translation

Foreign branch account

Foreign joint venture account

Company re-organization

Merer

Takeover

Capital reduction

ACC 303: Management Accounting (1)

Introduction to Management Accounting

Revision of Cost Behaviour

Advance Standard Costing and Variance Analysis

Marginal and Absorption Costing

Capital Budgeting Under Certainly

Capital Budgeting Under Risk and Uncertainty

ACC 304: Management Accounting (II)

Performance Evaluation Techniques

Linear Programming

Learning curve Theory

Transfer Pricing

Replacement Theory

Budget and Budgetary Control (ZBB, PPBS, Flexible, Fixed etc)

ACC 305: Operations Research

Introduction of Operation Research

Linear Programming Technique

Graphical Method

Simplex method

Shadow Price

Simulation Model

Replacement Theory Analysis

Single Stage Decision Theory Analysis

Inventory and Production Model

ACC 306: Operations Research (II)

Multi-Stage Decision Theory (Decision tree)

Queuing Theory

Markov Chains Analysis

Transportation Model

Game Theory Analysis

Project Network Analysis

ACC 307: Company Law (1)

Introduction to the Nigeria Legal System

History and Definition of Nigerian Companies and Others up to CAC

Formation of a Company

Veil of Incorporation

Promoters

Memorandum of Association

Articles of Association

ACC 308: Company law (II)

Corporate Administration

Meetings

Directors

Secretaries

Minority protection

Companies Banks and Audit

Winding up on Companies

ACC 309: Management Information System (1)

An overview of management information system

Information flow and communication theory

Basic concept of a system, by-system

Systems objective and environment

Introduction to data processing

Manual, Mechanical and Electronics processing Methods

Decision making concepts for information systems

Behavioral aspect of Information Technology development in organizations

ACC 310: Management information System (II)

Computerized information systems

Systems design and analysis for computer application

Programming and flow charting

Computer languages

Relevance of Computer in an Organization

Reporting in Organization

Internal control in an EDP environment

General Application of Computer in Business and Commerce.

ACC 312: International Accounting

* Evolution of Accounting in Developing Countries

Special emphasis on Nigeria, ECOWAS and West Africa.

* Multinational Enterprises

Background and Evolution

Operations

Business Ethic

* Financial Reporting Problems

Inflation

Consolidated Financial Reporting

Price-level Accounting

Foreign-currency Translation

Comparison of International Financial Reporting practices

* Management Accounting Issues

Contemporary issues affection managerial accounting

Transfer prices

Performance Evaluations

Information systems

Segmented Reporting

* Taxation issue

Philosophies of Taxation

Tax administration systems

Transfer pricing and International Taxation

Other Issues

* Auditing Issues

International Audit Environment

World Wide Harmonization

ACC 401: Auditing and Investments (I)

Introduction to Audition

Appointment, Right and Duties of Auditors

Audit planning

Audit Evidenced

Internal Control

Audit of Final Accounts

Audit Reports and Communication with Management

ACC 402: Auditing and Investment (II)

Audit of Group Accounts

Investigation

Special audit

Audit of Computer Systems

Auditors Liability and Case Laws

ACC 403: Taxation and Tax Management (1)

Historical and Legal Background of Taxation

Tax Administration in Nigeria

Basis period and Determination of Assessable profits

Taxation of Employees and Sole Trader

Partnership Taxation

Capital Allowances

Companies Income Tax

Loss Relief

ACC 404: Taxation and Tax Management (II)

Pioneer Legislation

Capital Transfer

Taxation of

Petroleum Profit Tax

Double Taxation

ACC 405: Financial Management (I)

Introduction (Scope of Financial Management Coals of the firm

Revision of Mathematics of Finance

Capital Budgeting under certainty

Capital budgeting Under Risk and Uncertainty

Cost of Capital

Analysis of Operating and Financial leverage

Financial Intermediaries

Stock Exchange and Issuing

ACC 406: Financial Management (II)

Capital Structure Decision

Divided Policy Decision

Management of Working Capital

Source of Finance

Transfer Pricing

Effects Taxation and Governmental Policies on Investment and

Financing Decision

ACC 407: Project Analysis

Project Analysis – Introduction

Project Planning and the Planning Process

Concept and Fundamental Issues in Project Analysis

Capital budget under certainty

Capital budget under uncertainty and risk

Capital rationing

Approaches to Financial and Social Analysis of Project

Case Studies

ACC 409: Governmental Accounting

Accounting Principles and Practice of government and non-profit organizations

Cost benefit-analysis

Planning, Programming and budgeting systems

The budget cycle in government. Federal government financial controls

Accounting for local governments, public utilities and parastatals

ACC 499: Original Essay (6 units)

Research work to be undertaken under the direction and supervision of a lecturer.

DEPARTMENT OF BANKING AND FINANCE

GENERAL PHILOSOPHY OF CURRICULUM:

The curriculum contained here is designed to develop the mind and impart both theoretical and practical knowledge for individual self-confidence, initiative and self-reliance, in the field of finance and Banking.

OBJECTIVE

The main objective of the programme is to provide courses of instruction leading to the award of B.Sc. degree in Banking and Finance. Specifically, the programme is to:

(i)    Provide basic knowledge for understanding and analyzing problems relating to the management or administration of Industrial, commercial, particularly financial Institutions, Public and other Human organization

(ii)    Equip the students with the skills needed for recognizing and defining problems and taking appropriate decisions using scientific techniques and tools; and

(iii)    Inculcate in students an awareness of and sensitivity to environmental factors and condition and their impact on managerial/administrative practice and decisions.

The focus of the programme is essentially on finance with emphasis on baking. In additions, students will be guided in the choice of course options under one of the following three major areas of specialization.

(i)    Corporate Finance

(ii)    International Finance

(iii)    Public Sector Finance

Graduates of the programme will have the twin advantage of:

(i)    Identifying one major area of interest in Banking and Finance for possible specialization at post-graduate level; and

(ii)    Achieving sufficient professional competence in banking practice course work and be able to qualify in the chartered Institute of Bankers diploma examinations within the shortest possible time.

DEPARTMENT OF BANKING AND FINANCE STAFF LIST

GENERAL PHILOSOPHY OF CURRICULUM:

The curriculum contained here is designed to develop the mind and impart both theoretical and practical knowledge for individual self-confidence, initiative and self-reliance, in the field of Finance and Banking.

Objectives:

The main objective is the programme is to provide courses of instruction leading to the award of B.Sc. degree in Banking and Finance. Specifically, the programme is to:

(i)    Provide basic knowledge for understating and analyzing problems relating to the management or administration of Industrial, Commercial particularly Financial Institutions, Public and other Human organizations;

(ii)    Equip the students with the skill needed for recognizing and defining problems and taking appropriate decision using scientific techniques and tools: and

(iii)    Inculcate in students an awareness of and sensitivity to environmental factors and condition and their impact on managerial/administrative practice and decisions.

The focus of the programme is essential on finance with emphasis on banking. In addition, students will be guided in the choice of course options under one of the following three major areas of specialization:

(i)    Corporate Finance

(ii)    International Finance

(iii)    Public Sector Finance

Graduates of the programme will have twin advantage of:

(i)    Identifying one major area of interest in banking and Finance for possible specialization at postgraduate level: and

(ii)    Achieving sufficient professional competence in Banking practice and course work and be able to quality in the Chartered Institute of Bankers diploma examinations within the shortest possible time.

ADMISSION REQUIREMENTS

Four-Year Degree Programme

In addition to general entry requirements, the possession of Part I CIBN or similar professional qualifications or an banking and Finance, Accounting or any Degree holder with cognate working experience. Mature candidates of not less than 25 years with three years cognate working experience may have statistics in place of mathematics. Credit in literature may be accepted in lieu of credit in English Language. Also matured candidates of not less than 35 years with 15 years cognate work experience and a pass in English Language and Mathematics may also be considered after interview.

Three-Year Degree Programme

In addition to general entry requirements, HND HOLDERS in banking and Finance, B.Sc. degree holders in relevant disciplines may also be accepted.

Two-Year Degree Programme

In addition to general entry requirements, ACIB holders with working experience in any Financial Institution are also considered for admission.

Graduation Requirements:

The degree requirements for students, who have Banking and Finance as their major, derive specified requirement stipulated by the faculty of Management Sciences. The details applicable to the programme are worked out below: in order qualify for the award of the degree, a student most obtain:

(i) University Requirements:

A pass in the compulsory General studies, namely:

GNS 101 (2 units) GNS 201 (3units), GNS 102 (2units), GNS 202 (3units), GNS 203 (2units), GNS 104 (2units), GNS 204 (3units), (Elective)

(ii) Faculty Requirements:

FMS 101, 201, 202, PHL 103

(iii) Departmental Requirements: Banking and Finance

1^st Year

Minimum number of units to pass:

Compulsory: 30 units

Required: Nil

Elective: Nil

2^nd Year

Minimum number of unit to pass:

Compulsory: 35

Required: Nil

Elective: Nil

3^rd Year

Minimum number of unit to pass:

Compulsory: 39 Units

Required: Nil

Electives: 3 Units

4^th Year

Minimum number of units to pass:

Compulsory: 30 Units

Required: Nil

Elective: Nil

5^th Year

Minimum number of units to pass:

Compulsory: 27 Units

Required: Nil

Electives: 3 Units

Graduation Requirements Minimum

1^st Year - 36 units

2^nd Year - 35 units

3^rd Year - 39 units

4^th Year - 30 units

5^th Year - 27 units

Total: 147 Units

1^st Year Harmattan

Compulsory: BFN 101, ACC 101, ECO 101, BUS 101, GNS 101

Required: Nil

Elective: SOC 101, POL 101, GRP 122

1^st Year Rain

Compulsory: BFN 102, ACC 102, ECO 102, BUS 102, GNS 102,

Required: Nil

Electives: SOC 102, POL 102

2^nd Year Harmattan

Compulsory: BFN 201, ACC 201, SMS 101, PHL/GNS 103, GNS 101, 104

Required: Nil

Elective: BUS 201

2^nd Year Rain

Compulsory: BFN 202, 203, ECO 202, ACC 202, SMS 102, GNS 102

Required: Nil

Elective: BUS 206

3^rd Year: Harmattan

Compulsory: BFN 301, 303, ACC 203, SMS 201, GNS 201, 203

Required: Nil

Electives: BFN 311

3^rd Year: Harmattan

Compulsory: BFN 202, 304, SMS 202, GNS 204, 202

Required: Nil

Elective: ACC 204, BNF 308, ECO 316

4^th Year: Harmattan

Compulsory: BFN 305, 317, 401, BUS 301

Required: Nil

Electives: BFN 313, ACC 305

4^th Year: Rain

Compulsory: BFN 306, 318, 312, 402

Required: BFN 399

Elective: ACC 306

5^th Year Harmattan

Compulsory: BFN 403, 405, ACC 405, BUS 401

Required: Nil

Elective: BFN 413, 421, ACC 403

5^th Year: Rain

Compulsory: BFN 404, 406, 499

Require: Nil

Electives: BFN 413, 421, ACC 404

The Industrial Attachment Units do not count in the Computation of results but students must undertake the attachment in order to qualify for the degree of this Department. Students must also take and pass at least one Elective at this level.

COURSE DESCRIPTION

BFN 101 INTRODUCTION OF FINANCE 1 (3 UNITS)

The basic concepts about financial market and operations. Contents include: principle of financial intermediation, financial intermediaries and markets, financial instrument, the stock exchange and the concept of efficient market and capital market operations.

BFN 102 INTRODUCTION TO FINANCE II (3 UNITS)

It covers basic mathematics of finance, elementary share valuation methods, introduction to project evaluation, concept of income, profit and inflation and introductory aspect of dividend decision

BFN 201 FINANCIAL SYSTEM I (3 UNITS)

The basic concepts of money and credits. Contents include evolution, structure and function of all bank institutions.

BFN 202 FINANCIAL SYSTEM II (3 UNITS)

Common structure and functions of non-banking Financial Intermediaries like Stock Exchange, Insurance etc., initial issues in the Nigeria Financial System. International Financial institutions e.g. World Bank, IMF, ADB.

BFN 204 INTRODUCTION TO FINANCE (3 UNITS)

The course introduces students to Finance functions in public and private enterprises. Drawing- up and interpretation of financial statements.

BFN 301 BUSINESS FINANCE I (3 UNITS)

Conceptual framework. Objective of the firm. Mathematics of Finance; Fu7nd Flow Analysis, Capital budgeting under Certainty, Capital Budgeting under uncertainty, Security Valuation

BFN 302 BUSNESS FINANCE II (3 UNITS)

Cost of capital, analysis of operating and finance leverage, financial structure decision, dividend policy, Capital market Theory, Financial Statement analysis, Mergers and Acquisition

BFN 303 LAW RELATING TO BANKING I (3 UNITS)

Relationships among banks, their private sector clients and the public sector, Relevant Nigerian was on Agency, Partnership etc. will be treated.

BFN 304 LAW RELATING TO BANKING II (3 UNITS)

An extension of BFN 303 dealing with laws on property and Guarantee. Negotiable and non-negotiable financial instruments.

BFN 305 ELEMENTS OF PUBLIC FINANCE (3 UNITS)

Elements, principles and methodology of public finance; concept of public sector budgeting and accounting; Federal Fiscal Policy.

BFN 306 INTROUCTION TO MONETARY THEORY (3 UNITS)

The theories of money demand and supply from the classicals through Keynesian and monetarists; theories of interest rates and inflation

BFN 307 MANGEMENT INFORMATION SYSTEM AND DATA PROCESSING I (3 UNITS)

An overview of management system; Information flow and communication theory; Basic concept of a system by system objectives and environment. Introduction to data processing, manual, mechanical and electronic processing methods, decision making concepts for information system.

BFN 308 MANAGEMENT INFORMATION SYSTEM AND DATE PROCESSING II (3 UNITS)

Computerized information system. System design and analysis of computer application, programming and flow charting computer application, computer language, relevance of computer in an organization.

BFN311 MORTGAGE FINANCE (3 UNITS)

An overview of historical background of mortgage instruction control measures by the regulatory authorities and provision of finance for private and commercial properties.

BFN 312 MERCHANT BANKING (3 UNITS)

This course deals with the evolution of Merchant Banks their roles in financial intermediaries born at home and abroad. Performance evaluation of some merchant banks and problems confronting them.

BFN 313 JAPANESE FIANCIAL SYSTEM (3 UNITS)

It introduces candidates to the Japanese financial system, its structure, processes and modalities.

BFN 317 COMPARATIVE BANKING (3 UNITS)

This course compares the structures of Banks in some developing countries like Ghana, Nigeria with those in the developed countries such as Britain, Germany, USA, Japan etc. the place of Central banks in regulating controlling other Banks within the banking sector are also considered.

BFN 318 RESEARCH METHODOLOGY

Science and Scientific approach. Problems and Hypothesis. Design of Research sampling method of observation and data collection, analysis of data and presentation of research reports.

BFN 401 PRACTICE OF BANKING I (3 UNITS)

Bankers/ Customer relationship; Rights and duties of banks vis-à-vis customers, set-off, Guarantee order statue of limitation on banking operations, statement of account. Etc.

BFN 402 PRACTICE BANKING ii (3 UNITS)

Banking specialized services and strategies for marketing them, investment insurance and trustee services, factorizing, leasing, identification of target markets and product package; introduction to institutions in different countries.

BFN 403 INTERNATIONAL FINANCE (3 UNIT)

The mechanisms of international trade, finance, payment and transfer. Balance of payment, foreign exchange markets, international financial markets, e.g. Eurodollar market.

BFN 404 P0RTFOLIO THEORY AND INVESTMENT ANALYSIS (3 UNITS)

Types of Investment and investment outlets including institutional framework for investment in Nigerian portfolio.

BFN 405 MONETARY THEORY AND POLICY (3 UNITS)

The theory of money and economic growth; monetary policy objectives: formulation and instruments, international liquidity, Exchange rates and monetary policy.

BFN 406 BANK LENDING AND LOAN ADMINISTRATION (3 UNITS)

Advance/Lending principles of good lending. Interpretation and criticism of accounting Statement for lending purpose including credit appraisal for different types of purposes. Emphasis is equally placed on loan monitoring and recovery strategies.

BFN 409 THEORY OF CORPORATE FINANCE (3 UNITS)

The theoretical bases and economic rationale of the investment financing business. The evaluation of credit capacity and analysis of repayment terms for different types of business.

BFN 410 CORPORATE FINANCE (3 UNITS)

The course introduces students to be economic rational for the various financial investment decisions. It covers topics such as decisions, investment decisions under uncertainty, capital structure decisions, dividend decision and capital market efficiency.

BFN 411 MANAGEMENT OF FINANCIAL INSTITUTIONS (3 UNIT)

Conceptual framework: The environment of Bank Management in Nigeria. The balance Sheet management; capital management and Capital Adequacy. Managing Lending Portfolio Risk: Analysis and Management in Banks; Contemporary issues in Bank Management.

BFN 412 FISCAL POLICY ANALYSIS (3 UNITS)

The nature of fiscal policy, the theory and techniques of fiscal policy.

Fiscal policy and developments as well as the limitation of policy.

BFN 413 INTERNATIONAL MONETARY RELATION AND FINANCIAL SYSTEM (3 UNITS)

Rationale for International exchange, balance of payment analysis, International monetary/balance of payment analysis. International monetary reform in relation to development economics.

BFN 414 JAPANESE FINANCE SYSTEM II (3 UNITS)

Evolution structure functions and control of non-banking financial intermediaries like stock exchange, insurance and finance institutions. Relationships between the financial and real sectors of the Japanese economy.

BFN 419 INTERNATIONAL MONETARY RELATIONS AND FINANCIAL SYSTEMS (3 UNITS)

Rationale for international exchange, balance-of –payments analysis international monetary/financial co-operation and the international monetary reform in relation to developing economies.

BFN 421 MUTINATIONAL BUSINESS FINANCE (3 UNITS)

Working capital management. Capital budgeting. Cost of capital and financial structure of multinational firms. Issues on multiple currencies, exchange rate fluctuation, exchange control etc.

BFN 425 QUATITATIVE METHODS IN BANKING AND FINANCE (3 UNITS)

Practical problems in compound interest, rates of interest and discount. Annuities and valuation of securities. Debenture and loans. Basic principles of investment.

BFN 499 ORIGINAL ESSAY (6 UNITS)

Research work to be undertaken in Banking or any of the optional areas in Finance under the direction and supervision of a lecturer.

DEPARTMENT OF BUSINESS ADMINISTRATION

Philosophy:

It is the mission of the Department o Business Administration to provide quality education and professional training leading to the award of a B.Sc. (Business Administration) Degree which may be awarded with Honours or as a Pass Degree. Towards this end, the curriculum is broadly interdisciplinary. First, the students are exposed to foundation courses in English, Economics, Mathematics, Computers and Philosophy/Logic as background for problem solving. Second, the department offers compulsory "core" courses in business and Management Accounting, marketing, Finance, Production, Personnel and Human Resources management, Quantitative Techniques, Small Business and Business Policy for career entry into business administration and management positions in private and public business-industrial enterprises.

Finally, students are expected to select a set of elective courses with orientation and enrichment to their general education and business/management career objectives. The capstan of the programme is the project work in which each student selects a business problem for intensive study and applies his/her knowledge for its solution under the supervision of a member of staff in the Department.

OBJECTIVES:

Provide facilities for a qualitative business management education and training for young men and women for initial entry into management career, mid-career management professionals and the continuous development of practicing managers.

Engage in research into local and national business problems, and contribute to the development and use of knowledge in the field of management and thereby help in to improve the practice of Management by prescribing solution to march Nigeria’s management problems.

Provide for the development of teachers and researchers in Business Administration and Management

Establish a resource for the development of local case studies and materials for the teaching of Business management to teachers at both the secondary and tertiary institutions and to Manages from businesses and industries.

Offer research and Consultancy Services to Business Management and related fields for the benefits of organization either in the Private or public Sectors and to State and Federal Government that might require such services.

DEPARTMENT OF BUSINESS ADMINISTRATION STAFF LIST

Admission Requirements:

Five-Year Programme

5 Credit passes at not more than two sittings, including English Language and Mathematics.

Four-Year Programme

In addition to I (a) above Candidates must posses any of the following qualifications;

(a) GCE Advance level or HSC passes in Economics or Business Management and at least one other subject

OR

(b) National Diploma (ND) in Business Administration or Management Studies of approved polytechnics or college of technology with a grade not lower than the equivalence of Second Class Lower Division

OR

(c) Passes in the final examination of recognized professional management/business administration bodies such as institute of Marketing, Institute of Purchasing and Supply, Institute of Transport etc.

In all cases, the pre-requisite of possessing five credit passes at WASC or GCE ‘O’ Level in subjects which include English Language and Mathematics be satisfied.

Minimum Requirements for the Award of the B.Sc in Business Administration

Faculty requirements

(a) 1^st Year: FMS 101, 102

     2^nd Year: FMS 201, 202

Graduation Requirements

The number of units to be passed to qualify for a degree in a department under the Four-Year Programme shall be a minimum of 118 including;

(1) University requirements that total 16 units

(2) Faculty required courses that total 18 units

(3) Departmental compulsory courses that total 166 units.

(4) Elective courses that total 18 units from the Department

Four-Year Degree Programme

General studies courses

GNS 101, 102, 194, 201, 20