Banking and Finance

Nasarawa State University was established under the Nasarawa State Law No.2 of 2001 as passed by the State House of Assembly. The University came into being under the administration of Governor (Dr) Abdullahi Adamu, the first democratically elected Governor of Nasarawa state. The aim of establishing the University was fundamentally to provide an avenue for the indigenes of Nasarawa state as well as those of other states to pursue and acquire a University education, which in the long run would prepare the graduates and equip them with adequate skills needed for the development of the state and the country at large. Consequently, Governor Adamu was propelled by the burning desire to proffer a solution to the subsisting problem of severe shortage in the supply of human endeavour that controls our young state. Accordingly, the Nasarawa state government organized an educational summit on a state university’s desirability. The educational summit came out with the conclusion that Nasarawa state university is not only desirable but also timely.

In February 2002, the Nasarawa state university was born in Keffi at the now-defunct College of Arts, Science and Technology (CAST). Practical academic activities began following the appointment of Professor Adamu Baikie as the pioneer vice chancellor. This great citadel of learning is propelled by a vision to be an excellent world-class institution for developing the individual and the society. It was a mission to encourage and enable individuals to develop their full potential by providing a quantitative and stimulating learning environment. The philosophy of the University is that it believes in excellence, creativity, productivity and freedom of conscience for the advancement of the individual and humanity.     

Banking & Finance Department is one of the six departments in the Faculty of Administration, Nasarawa State University, Keffi. Effective academic activities started in the department in the 2011/2012 academic session with an initial admission of 120 students. The department was carved out of Accounting Department, and some lecturers were transferred from the department and other departments, with Prof. T. A. Udenwa serving as the pioneer Head of the Department.

1. To prepare students as professional Bankers and Financial Managers both nationally and internationally through the training of such students in modern-day banking and finance processes and practices.
2. To equip and deepen the theoretical knowledge in the Banking and Finance discipline.
3. To develop resource persons for careers in Banking and Finance, both in the academic Sector and the industry
4. To avail students, the opportunity to acquire classical and modern knowledge and understanding of the best practices and operations in the financial industry.

To train and inculcate in students the necessary expertise and skills needed in the theory and practice of Banking & Finance, including the professional ethics and techniques in the application of modern and cutting-edge development in the Banking & Finance sector of the world economy.

To produce well-trained and competent human resources needed by employers of labour to manage modern complexities in the Financial Industry and reduce the shortfall in the Banking & Finance workforce.

The programme aims at developing the mind and imparting sound theoretical and practical knowledge that encourages self-reliance in the individual. The curriculum also seeks to assist the individual in understanding, exploiting, and, if needed, changing his environment. It also aims at training students in the principles and concepts of Banking & Finance to make them capable of contributing their quota in the public and private sectors of the economy.