Department of Banking and Finance

SCHOOL OF BUSINESS AND MANAGEMENT DEPARTMENT OF BANKING AND FINANCE

The Department of Banking and Finance was established on 24th April 2024, received interim accreditation and has commenced the National Diploma Programme in Banking and Finance within the same year.

GOAL AND OBJECTIVE OF THE PROGRAMME

The National Diploma Programme in Banking and finance is to produce intermediate technical manpower with sound theoretical and practical knowledge who can effectively perform a range of various functions in banks, other financial institutions, commerce, industry, private and public enterprise

OBJECTIVES

At the end of the National Diploma programme the diploma be able to;

1. Collect and integrate basic financial data for use in investment decisions
2. Assist in the preparation of final account of the companies and other financial organizations
3. Assist in the preparation of short- and long-term budgets
4. Collect and collate relevant financial information to aid superior officers and management in financial decisions
5. Compute basic financial and statistical financial ratios
6. Assist in the analysis and evaluation of investment proposals, price and market trends

ENTRY REQUIREMENTS

To quality for admission into the National Diploma in Banking and Finance, the candidate must meet any of the following entry requirements;

The WASC,NECO, GCE “O” Level or the Senior Secondary Certificate (SSC} or their equivalent with five credits including English and Mathematics (Literature in English, and Oral English are not acceptable in place of English Language) and three other subjects either in Economics, Business Methods, Principles of Accounts, Literature in English, Commerce, History, Statistics, Government, Civic Education, Agric Science \Biology.

CURRICULUM STRUCTURE

The structure of the National Diploma [ND] Programme consist of four semesters of classroom and workshop\field activities in the college as well as a semester [ 3-4 Months] of Supervised Industrial Work Experience Scheme [SIWESS]. Each semester shall be 17 weeks of duration, made up as follows;

• 15 weeks of registration, teaching lecture, recitation, practical, exercises\field work, and quiz]
• 2 weeks of Examination
• SIWES shall take place at the end of the second semester of the year at ND

PROJECT

The project shall be submitted at the end of the second semester of the final year at ND.

ACCREDITATION

Programme offer at the ND level shall be accredited by the NBTE before the diplomats can be awarded diploma certificates. Details about the process of accrediting a programme for the award of the ND are available from the Executive secretary, National Board for Technical Education, at plot B, Bida Road, P.M.B 2239; Kaduna, Nigeria.

CONDITIONS FOR THE AWARD OF THE NATIONAL DIPLOMA (ND) BANKING AND FINANCE

Institutions offering accredited programmes will award the Diploma in Banking and Finance to candidates who successfully complete the programme after passing prescribed coursework, examination, diploma project, and supervised Student Industrial Work Experience Scheme {SIWES}. Such a candidate should have completed 90-100 credit units. National Diploma certificate shall be awarded based on the following.

CURRICULUM

The curriculum of the ND programme consists of three main components. These are

i. General Studies/Education

ii. Foundation Courses

iii. Professional courses

The general education component shall include courses in arts and humanities – English Language, Communication, and history. These are compulsory. Mathematics and science (for non-Science based programmes) social studies – citizenship (the Nigerian Constitution) Political Science, Sociology, Philosophy, Geography, Entrepreneurship studies. The course in citizenship, Entrepreneurship, philosophy of Science and Sociology are compulsory. The general education component shall account for not more than 15% of total contact hours for the programme.

Foundation courses include courses in Economics, Mathematics, pure Sciences, Technical Drawing, and Descriptive Geometry, Statistics etc. the number of hours will vary with the programme and may account for about 10 – 15% of the total contact hours.

Professional courses are courses which give the student the theory and practical skills he needs to practice his field of calling at the technician/technologist level. These may account for between 60% - 70% of the total contact hours depending on programme.

ACCREDITATION

Each programme offered at ND Level shall be accredited by the NBTE before the diplomats can be awarded the Diploma Certificates. Details about the process of accrediting a programme for the award of the ND or HND are available from the Executive Secretary, Programmes Department, National Board for Technical Education, Plot B, Bida Road, P.M.B. 2239, KADUNA, Nigeria.

GUIDANCE NOTE FOR TEACHERS TEACHING THE PROGRAMME

The new curriculum is drawn in unit courses. This is keeping with the provisions of the national Policy of Education which stress the need to introduce the Semester credit units which will enable a student who so wish to transfer the units already completed in an institution of similar standard from which he/she is transferring.

In designing the units, the principle of the modular system by product has been adopted; thus, making each of the professional modules, when completed provides the student with technician operative skills, which can be used for employment purposes.

As the success of the credit unit system depends on the articulation of programmes between the institutions and industry, the curriculum content has been written in behavioural objectives, so that it is clear to all the expected performance of the student who successfully completed some of the courses or the diplomats of the programme. There is a slight departure in the presentation of the performance-based curriculum which requires the conditions under which the performance is expected to be carried out and the criteria for the acceptable levels of performance. It is a deliberate attempt to further involve the staff of the department teaching the programme to write their own curriculum stating the condition existing in their institution under which the performance can take place and to follow that with the criteria for determining and acceptable level of performance.

Departmental submission on the final curriculum may be vetted by the academic board of the institution. Our aim is to continue to see it that a solid internal evaluation system exists in each institution for ensuring minimum standard and quality of education in the programmes offered throughout the polytechnic system and similar post – secondary technical institutions. The teaching of the theory and practical work should, as much as possible, be integrated.

Practical exercises, especially those in professional courses and laboratory work, should both be taught in isolation from the theory. For each course, there should be a balance of theory to practice in the ratio of 50:50 or 60:40 or the reverse.