LANDMARK UNIVERSITY

OMU –ARAN KWARA STATE

COLLEGE OF BUSINESS AND SOCIAL SCIENCE

DEPARTMENT OF ACCOUNTING AND FINANCE

PROGRAMMES:
1. BSc (Hons) ACCOUNTING
2. BSc (Hons) BANKING & FINANCE

STUDENT HAND BOOK.

2012/2013 – 2017/2018

Page 1 of 58
 TABLE OF CONTENTS
Pages
Title Page 1
Table of Contents 2
Welcome note from the Head of Department 4

B.Sc. (Hons.) Accounting Programme 5

Vision, Mission and Philosophy 5
Justification 5
Objectives 5
History of Programme 6
Admission Requirement 6
Graduation Requirements 7
Curriculum 8
Course Descriptions / Contents 12

B.Sc. (Hons) Banking and Finance Programme 24

Vision, Mission and Philosophy 24
Justification 24
Objectives 24
History of Programme 25
Admission Requirements 25
Graduation Requirements 25
Curriculum 26
Course Descriptions / Contents 30

COURSE DESCRIPTION FOR THE UNIVERSITY-WIDE COMPULSORY COURSES 40

Facilities Development in the Department 50

Departmental Library 50
Computer Facilities 50

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Organizational Chart of the Department of Accounting and Finance 51
Personnel Administration 52
Student Welfare 52
Academic Atmosphere 52
Course Level Adviser 52
Medical Service 52
Current Staff List 53
Staff Research Interests 55
Regulation Governing First Degree Programmes 55
Examination 55
Continuous Evaluation 56
Registration and Withdrawal from Courses 56
Assessing SWEPS / SIWES 56
Grading System 56
Academic Standing 56
Class of Degree 56
Organization of Examinations 57
Semester Examination 57
Examination Entries and Time Table 57
Examination Offences 57
Standing Committees of the Department 58

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 Welcome note from the Head of Department,
Accounting and Finance
With pleasure and gratitude to the Almighty God, I welcome you to the Department of
Accounting and Finance, College of Business and Social Science, Landmark University, Omu
Aran. A department founded on Spirituality, Integrity, Possibility Mentality, Capacity
Development, Professionalism, Positive Change and the fear of God.

Money answers all things, no wonder the Accounting and Finance professions are among the
most lucrative professions in the world. Man exists purposely to serve God after which virtually
all his endeavor deals with money and value creation. The profession of Accounting and Finance
helps man in effectively creating value and wealth.

The Department has two distinguished programmes viz: Accounting; Banking and Finance
designed to equipped graduate with the relevant skills required to make the society’s economy
better-off.

At Landmark University, we offer the best teaching and research that can be offered by any
department of accounting and/or Finance or any specialized research institute in the world. With
about 20 qualified faculty members, the department provides quality teaching and research that
meet the ever emerging issues in our world.

The department upholds the concept of loco parentis thereby offering students guidance and
mentoring facilities gathered from faculty members long years of experience from the fields,
practice, industry and the academia that will help guide and give students the right footing
required in life.

Once again, I welcome you to the Department of Accounting and Finance, the foremost
department in every institution world over.

Ajayi Michael Adebayo PhD

Head, Accounting and Finance

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 B.Sc. (Hons.) ACCOUNTING PROGRAMME

VISION, MISSION AND PHILOSOPHY

Vision
To produce solution provider in the research, teaching and development of finance and
accounting thoughts and organizational resource management principles as fundamental
input in the attainment of the global Millennium Development Goals (MDGs) and Nigeria
Vision20:2020.

Mission
To achieve the vision, our mission is to produce time tested and professionally
competent world-class accountants with the best of integrity who will be at the forefront
of driving the required financial management strategy towards the attainment of the global
Millennium Development Goals (MDGs) and Nigeria Vision 20:2020. Landmark
University Programme for Accounting is designed to produce highly responsible and
diligent graduates in line with the University core values.

Philosophy

The Department aims at producing high level graduates in the field of Accounting who will
contribute through learning and research to the growth of accounting industry hereby
advancing the state of professionalism, entrepreneurial development and self-sufficiency as
required in the Millennium Development Goals (MDGs) as well as agrarian revolution
which is the core base of Landmark University.

JUSTIFICATION
Landmark University Programme for Accounting is designed to be more comprehensive
and relevant in impacting entrepreneurial skills than those of the existing programmes in
Nigeria Universities.

OBJECTIVES

The objectives of the Accounting programme are as follows:

i. To expand the scope of the Accounting, taxation and public sector Accounting
Entrepreneurship & Financial studies discipline in order to promote and enhance
national economic development.
ii. To inculcate requisite attitudes, ethics and skills of professionalism in all areas of
Accounting.

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 iii. To facilitate the creation of entrepreneurial spirit among students who will exploit
the available resources and opportunities in Nigeria and elsewhere
iv. To produce accounting and taxation teachers and researches in order to keep pace
with the ever-rising standards for accounting &taxation education world-wide
v. To facilitate the education and training of Accounting &Taxation practitioners and
financial managers globally.

HISTORY OF PROGRAMME

The history of the Department of Accounting goes back to 21st March, 2011, when
Landmark University was dedicated by Dr. David Oyedepo. There were only three (3)
students present in the whole University during dedication. Out of these three are two (2)
accounting students and they are (1) Babayemi Oluwatobi and (2) Olotu Ololade. Both
of them are now presently in 400 Level. The first two (2) lecturers in the department are:
(1) Mr. Otekunrin Adegbola Olubukola and (2) Mr. Egbadju Lawrence. The Accounting
programme kick-off with 72 students in 100 Level during 2010/2011 session but now
remaining 58 students in 400 Level. As at 2013/2014 the students’ population is above
260. The department together with other departments in the college operates as one
department under Professor Otokiti as the Head of Department and the Dean of the
college and later was classified as Department of Social Sciences and Business
Administration with Economics, Business Administration, Banking and Finance and
Accounting programmes under Professor Atoyebi as Head of the department and
Professor Otokiti as the Dean of the College. Towards the end of 2011/2012 session, it
became Accounting and Finance Department with Banking and Finance and Accounting
programmes and Dr. Oloye M. I. as the Head of Department and Professor Atoyebi as the
Dean of the College. The mantle fall on Dr. Ajayi in 2013/ 2014 session, as the Head of
Department and Professor Atoyebi as the Dean of the College. The Department is now
blessed more regular lecturers and adjunct lecturers. The major responsibilities of the
Department are:
1. To graduate accounting professionals with Landmark University core values
2. To graduate accounting professionals who are going to be job providers and not job
seekers.
3. To graduate accounting professionals who are going to be entrepreneurially focused in
order break new grounds

ADMISSION REQUIREMENT FOR BSC ACCOUNTING

The minimum of five (5) credits level passes in the SSCE /GCE O level, NECO /NATEB
or its equivalent, obtained in no more than two sittings. The five (5) credit passes must
include English Language, Mathematics. Candidate must additionally have credit level

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 passes in any two of the following, Commerce, Economics, Government, Geography and
Accounting. Plus a credit passes in any science subject to makeup for any shortfall. In
addition the candidate must pass UTME and Post-UTME to be conducted by the
University.

B.Sc.(Hons) in ACCOUNTING: GRADUATION REQUIREMENTS

To graduate, a student must successfully complete a minimum of 180 credits distributed

approximately equally over the four (4) years period plus the satisfactory completion of a
minimum of six (6) weeks of industrial Training. This passion is to satisfy both academic
and professional requirements. See Table below

Level 100 200 300 400 Total

Compulsory 21 30 34 40 125
Electives 3 5 4 12

Industrial Training
1 1
[SIWES]

College Courses 6 6 12

University Courses 10 6 6 6 28
NUC Courses 6 6 2 14
TOTAL 44 46 46 48 192

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 CURRICULUM FOR BSc. (Hons) IN ACCOUNTING
100 LEVEL ACCOUNTING

ALPHA SEMESTER OMEGA SEMESTER

Pre-
Course Statu Unit Pre- Course Stat
Course Title Course Title Units Requisit
Code s s Requisite Code us
e
Principles of
ACC121 C 3 ACC111
Accounting II
Principles of
ACC111 C 3 Accounting
Accounting I
ACC129 Laboratory C 1
Compulsory Compulsory /Workshop I
Courses Courses
Introduction to Introduction to
BUS111 C 3 ECO121 C 3
Business I Economics II
Introduction to Business
ECO111 C 3 C 2
Economics I BUS124 Communication
Introduction to
POS111 E 3 BUS121 Introduction to C 3
Political Science Business II
12 12 21
Note: Select any 3 units from the electives
Organization of
POS113 E 3
Elective Government Elective

3 3
Statistics for Business and
Mathematics for Business
College CBS111 C 3 College CBS121 Social C 3
and Social Sciences I
Courses Courses Sciences I
3 3 6
Use of Library, Study Use of Library, Study Skills
Skills and Information and Information
CSE111 C 2 CSE121 C 2
Communication Communication
Technology I Technology II
Entrepreneurial Entrepreneurial
EDS111 C 1 EDS121 C 1
Development Studies I Development Studies II
University University
Courses TMC111 Total Man Concept I C 1 Courses TMC121 Total Man Concept II C 1
Total Man Concept - Total Man Concept –
TMC112 C 0 TMC122 C 0
Sports Sports
Introduction to Crop Introduction to Animal
FMP 111 C 1 FMP 121 C 1
Agriculture Agriculture
5 5 10
Communication in Communication in English
NUC GST111 C 2 GST121 C 2
English I NUC General II
General
Courses GST122 Communication in French C 2
Courses
2 4 6
TOTAL 22 TOTAL 24 46

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 200 LEVEL ACCOUNTING

ALPHA SEMESTER OMEGA SEMESTER

Course Pre- Course Pre-

Course Title Status Units Requisite Course Title Status Units
Code Code Requisite
ACC21 Financial Financial
C 3 ACC121 ACC221 C 3 ACC211
1 Accounting I Accounting II
ACC21 Cost Cost
C 3 ACC222 C 3
2 Accounting I Accounting II
Accounting
BFN Business
C 3 ACC229 Laboratory/ C 1
211 Finance I
Compulsory Compulsor Workshop II
Courses Principles of y Courses Principles of
BUS211 Management C 3 BUS111 BUS221 C 3
Management II
I
Principles of
ECO221 Economics II C 3 ECO 211
Principles of
ECO21 (Macro)
Economics I C 3 ECO111
1 Nigeria
(Micro)
BUS220 Business C 2
Environment
15 15 30
Mathematics Statistics for
for Business Business and
College CBS211 C 3 CBS111 College CBS221 C 3 CBS121
and Social Social
Courses Courses
Sciences II Sciences II
3 3 6
Entrepreneuri
Entrepreneurial
al
EDS211 C 1 EDS221 Development C 1
Development
Studies IV
Studies III
TMC21 Total Man Total Man
C 1 TMC221 C 1
1 Concept III Concept IV
Total Man Total Man
University TMC21 University
Concept – C 0 TMC222 Concept - C 0
Courses 2 Courses
Sports Sports
General
Horticulture Poultry and
FMP
and C 1 FMP 221 Swine C 1
211
Plantation Production
Crops
3 3 6
Nigerian
Logic,
GST221 People and C 2
Philosophy
NUC GST211
and Human
C 2 NUC Culture
General Existence General Peace Studies
Courses Courses GST222 and Conflict C 2
Resolution
2 4 6
TOTAL 23 TOTAL 25 48

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 300 LEVEL ACCOUNTING

ALPHA SEMESTER OMEGA SEMESTER

Pre-
Course Statu Pre- Course Statu
Course Title Units Course Title Units Requisit
Code s Requisite Code s
e
Financial Financial
ACC311 C 3 ACC221 ACC321 C 3 ACC221
Accounting III Accounting IV
Financial
Advanced Cost
ACC312 Accounting C 3 ACC322 C 3 ACC 212
Accounting
Theory
Public Sector
Principles of
ACC313 Accounting and C 3 ACC323 C 2
Auditing
Finance Compuls
Compulsor Management ory
y Courses ACC314 Information C 3 Courses ACC325 Nigerian Taxation I C 2
System
Business Ethics
ACC 315 and Corporate C 2 Accounting
Governance ACC329 Laboratory/ C 1
Workshop III

BUS313 Business Law C 3 BUS323 Company Law C 3

Research
BUS327 C 3
Methodology
17 17 34
Note: Select 2 Units from the electives below Note: Select 2 Units from the electives below
BFN311 Business Finance II E 2
Electives BFN315 Micro and SME Financing E 2 BFN322 Corporate Finance E 3
BUS 311 Marketing Management E 2
2 3 5
Student Industrial
Work Experience SIWES
SIWES
ACC310 scheme (SIWES) C 1 [Industri
[Industrial [Industrial al
Training] Training] I Training]
1 1
Entrepreneurial Entrepreneurial
EDS311 C 1 EDS321 Development Studies VI
C 1
Development Studies V
Total Man Concept
TMC311 Total Man Concept V C 1 Universit TMC321 VI C 1
University
y
Courses
TMC312 Total Man Concept – Sports C 0 Courses TMC322 Total Man Concept – C 0
Sports
Rabbit and Micro-
FMP 311 Arable Crops Production C 1 FMP 321 C 1
livestock Production
3 3 6
NUC History and Philosophy of NUC
GST311 C 2
General Science General
Courses 2 Courses 2
TOTAL 25 TOTAL 23 48

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 400 LEVEL ACCOUNTING

ALPHA SEMESTER OMEGA SEMESTER

Course Pre- Course Stat Pre-

Course Title Status Units Course Title Units
Code Requisite Code us Requisite
Advanced
ACC411 Financial C 3
Advanced Financial
Accounting I ACC421 C 3
Accounting II
Management
ACC412 C 3
Accounting I
Auditing and Management
ACC413 C 3 ACC323 ACC423 C 3
Investigation Accounting II
Compulsory ACC418 Nigerian C 2 Compulsory
Courses Taxation II Courses ACC427 International C 3
Financial Accounting
BFN411 C 3
Management
ACC429 Research Project C 6
BUS410 Business Policy I C 3
BUS420 Business Policy II C 3
Analysis of
ACC Financial Reporting
BUS412 Business C 3 C 2
428 and Ethics
Decision I
20 20 40
Note: Select 2 Units from following Note: Select 2 Units from following
Oil and Gas Business and
ACC414 (Petroleum) E 2 BUS426 Project Evaluation E 2
Accounting and Analysis
Electives Forensic Electives
Strategic Financial
Accounting
ACC416 E 2 BFN427 Management and E 2
Corporate Policy
2 2 4
Entrepreneurial Entrepreneurial
EDS411 Development C 1 EDS421 Development C 1
Studies VII Studies VIII
Total Man Total Man
TMC411 C 1 TMC421 C 1
Concept VII Concept VIII
University Total Man University Total Man
Courses TMC412 Concept - C 0 Courses TMC422 Concept - Sports C 0
Sports
Ruminant Fish Production
FMP
FMP 411 Animal C 1 and General C 1
421
Production Agriculture
3 3 5
TOTAL 25 TOTAL 25 50

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COURSE DESCRIPTIONS / CONTENTS FOR ACCOUNTING PROGRAMME

ACC111 Principles of Accounting I (3 Units) (L.30: P.0: T.15)

This course introduces the students to basic bookkeeping and accounting. This foundation course
in accounting aims at exposing the students to the basic techniques of classifying and recording
the different types of costs and revenues associated with transactions and computing simple
practical reports. Topic areas include; definition of accounting, and other terms, perspectives
and branches of accounting, accounting data, accounting information, users and uses of
accounting information, historical sketch of accounting, prospects for Accountants, Background
of current Accounting Methods, Transactions. Nature, Purpose of Basic concept of Accounting,
the accounting equation, measurement of income, costs, assets, equities. Subsidiary Books –
Sales Day Book, Purchases Day Book, Returns Inward Journal, Returns Outward Journal and
Journal Proper. Cash Book – Single Column, Double Column and Three Column Cash Book.
Differences between capital and revenue, reserves and provisions, trade and cash discounts etc.
accruals and prepayments capital and revenue expenditure. The Ledger and Trial Balance, uses.
Bank Reconciliation Statements, types, causes of differences. Final Accounts of Sole Trader.
Income measurement – end of year adjustments in final accounts.

FMP 111- 1 unit- Introduction to Crop Agriculture.

The principle, problem and prospect of crop production. Importance of crop rotation cultural
practices and soil conservation, Irrigation and drainage. General types and characteristics of
arthropods, micro-organisms and other pests affecting crops. Weeds and their effect on crop
production, pests, diseases and weed control. Basic mendelian genetics principles of crops
production, harvesting, processing and storage.

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ACC121 Principles of Accounting II (3 Units) (L.30: P.0: T.15)
More detailed topics discussed in ACC111. Attention will be focused on the preparation and
presentation of simple final accounts of sole traders, partnership and company. Topics covered
include; Depreciation of fixed assets, methods and reasons of computing depreciation and
treatment in financial statements. Definition and treatment of Bad debts and provision for bad
and doubtful debts etc. Self-balancing ledgers and their uses; Incomplete Records, Single and
double entry book-keeping; Accounts of Non trading organizations e.g. Club and Charities,
Manufacturing accounts; Types and correction of errors, and uses of suspense account. Inventory
valuation; various adjustments of Bank reconciliation. (Complex problems). Manual,
mechanical and electronic bookkeeping system. Simple final accounts of sole traders and
criticism.

ACC129 Accounting Laboratory/Workshop I (1 Unit) (L.0: P.45: T.0)

This is essentially a practical aspect of the subject involving computation, preparation and
application of computer in preparing financial documents exposing the students to related
accounting software packages. Ledger keeping, source documents, daybooks, posting and
balancing etc. are covered. Students will be allowed access to computer presentation and
preparation of financial statements and records. Basic programming data types, constant and
variables, statement types, assignments, input-output statements, actual statements, etc. will be
covered. Official environment is approximated in the Computer Laboratory. Various segments
of accounting, auditing, taxation, and management services etc. are captured. During vacation
students will be posted to accounting firms and companies for practical exercise.

FMP 121 Introduction to Animal Agriculture. (1 Unit)

Livestock and poultry breeds and distribution in Nigeria. Livestock management systems
including nutrition, feeding, housing, disease control and general management. Introduction to
Animal breeding and development of improved breeds of animals. Effect of climate or animal
and forage production. Introduction to animal health and diseases. Introduction to livestock
products and by – products.

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ACC211 Financial Accounting I (3 Units) (L.30: P.0: T.15)
Review of basic accounting concepts and principles - double entry, books of original-entry, trial
balance; preparation of final accounts for sole traders, clubs and charities; bank reconciliation
(complex situation) electronic and money transfer etc. Partnership and partnership accounting
including Profit and loss Appropriation account, the valuation of goodwill on admission and
retirement of partners; change in partnership; revaluation of assets, and dissolution of
partnership. Introduction to company accounts; Share Capital: Share issue and redemption.
Preparation and presentation of unpublished final accounts of limited liability companies.
Interpretation, uses and limitations of accounting ratios.

ACC212 Cost Accounting I (3 Units) (L.30: P.0: T.15)

The purpose of this course is to provide a thorough foundation in the tools and techniques of cost
analysis and reporting. Emphasis will be placed on development of competence and skill in using
cost accounting data for internal management purposes in all industrial enterprises. Topics
covered include; definition and purpose of cost accounting. Classification of costs; discussion of
the elements of cost. Cost accounting as an internal information plan needed for managerial
decisions. Material costing: purchasing of materials – procedures and receipt; methods of
inventory valuation; stock control and economic order quantity determination; computation of
stock levels. Entries of materials purchase in the books of accounts. Accounting for labour;
factors to be considered in fixing wages, methods of remuneration, book keeping. Accounting for
overheads, types of overheads, basis for of overhead allocation. Treatment of over and under
applied overhead. Absorption and variables costing. A comparison and critique of the two
methods. Process costing: general principles of process gains and losses.

FMP 211 General Horticulture and Plantation Crops. (1 Unit)

Hands – on experience in the production of vegetables, fruits, Flowers and permanent crops like
Cocoa, cashew, oil-palm and other tree crops. Practical work will include nursery establishment,
transplanting, and management practices.

ACC221 Financial Accounting II (3 Units) (L.30: P.0: T.15)

Redemption of shares and debentures. Miscellaneous accounts: Consignment accounts, goods on
sale or return, royalties, containers, investments, joint venture, contract account, departmental
account, Bills of exchange, joint venture account, and Sinking funds. Stock valuation and
computation of insurance claims. Depreciation including preparation of fixed asset schedule /
register.

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ACC222 Cost Accounting II (3 Units) (L.30: P.0: T.15)
Methods of costing: Job, Batch, Contract, Process costing – including equivalent units principle,
treatment of normal and abnormal losses and gains; Joint products costing and by-products; and
Operating cost accounting. Cost measurement, methods of allocation and reporting. Cost
segregation techniques: High and low point method. Account Analysis method. Regression
Analysis method. Costing Techniques: Standard costing; Marginal costing; Budgeting and
budgetary controls and budgetary techniques. Costing bookkeeping: Interlocking and integrated
cost accounting system.

ACC229 Accounting Laboratory/Workshop II (1 Unit) (L.0: P.45: T.0)

This is a continuation of ACC129. This is the laboratory and workshop aspect of the Accounting
programme which further introduces students to business and finance computer applications and
packages. Students will have a PC to himself/herself in the practical demonstration of the
relevant accounting packages. Accounting packages such as Oracle financial, Sun account,
Quick Book, Lawson utility, Peach Tree, SAP, Sage, SSPS WordPerfect, Microsoft Word, Lotus,
Excel, Quatro-Pro, TSp, Wineas, E-View, Rats, Microfit, Pcgive ,sage50 etc.

FMP 221 Poultry and Swine Production. (1 Unit)

Hands- on experience in the production of broilers and laying hens as well as swine production
& management. Students will participate in the brooding of chickens and the management of
pigs.

ACC310 Student Industrial Work Experience Scheme (SIWES) [Industrial

Training] (1 Unit) (L.0: P.45: T.0)
Further attachment for industrial experience is involved. This takes place during the long
vacation after 300 level Omega Semester. It involves a two-month long vacation supervised
attachment to accounting firms, banks, offices or departments of accounting in an organization or
industrial concern. Report of daily activities for evaluation and grading by the Department.

ACC311 Financial Accounting III (3 Units) (L.30: P.0: T.15

This course and ACC 321 are designed to review the financial accounting courses studied up to
ACC 221. They take the students into more difficult areas in financial accounting. The course
will also acquaint the students with accounting procedures and financial control of international
business. Topics covered include, advanced partnership accounts: amalgamation and absorption
dissolution and piece-meal realization, conversion to limited liability companies. Preliminary
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issues in the preparation of published financial statements for companies including banks and
insurance companies in compliance with Companies and Allied Matter Act 1990, banks and
other financial institution Act 1991. Branch accounts (local).

ACC312 Financial Accounting Theory (3 Units) (L.30: P.0: T.15)

The course introduces students to accounting theory. The purpose is to expose students to the
theoretical side and theory development in accounting discipline. Topics covered include: The
role of theory in financial accounting, accounting methodology and need for a consistent theory,
the construction and validation of accounting theory. Accounting theory and regulatory frame
work. Discussion of some contemporary controversies in accounting and accounting theory,
major pronouncements or recommendations of professional accounting bodies. Nigerian
accounting standard board – role, structure and process leading to the issue of standards; detailed
application of standards issues by NASB, comparison of local and international accounting
standards – SAS and IAS; , statement of accounting standards, (SAS) and international
accounting standards (IAS). These statements include: (1) Income Statement (2) Balance Sheet
(3) Notes to Accounts (4) Statement of Accounting Policies (5) Chairman’s Report (6)
Director’s Report (7) Auditor’s Report (8)Audit Committees Report (9) Cash flow Statement
(10) Value Added Statement (11) Five-year Financial Summary. Generally Accepted Accounting
Principles (GAAP); An examination of legislative and quasi- legislative requirement for
financial statements. Accounting theory of income determination, tangible and intangible fixed
assets, investment, and liabilities, depreciation - theories and methods. The concept of financial
reporting. Theory of income measurement – expenses and gains. The nature of income. Income
as consumption. The views of Fishers and Hicks compared. Hick’s ex-post and ex-ante
measures of income and the conventional accounting definition of income. The relationship
between income and value. Alternative definitions of value. The concept of deprival value in the
determination of depreciation expense. The cost of capital in the international accounting
standards in the light of their theoretical underpinnings etc.

ACC313 Public Sector Accounting and Finance (3 Units) (L.30: P.0: T.15)
This course focuses on the accounts of public sector. Topics covered include: characteristics of
public sector and non-profit concerns. Distinction between public sector and private sector
organizations. Organization of government accounting functions. Role of the Ministry of
Finance, Treasury Department, Audit Department etc. Distinction between self-accounting and
non-self-accounting units. Routine accounting procedures and documentation. Accounting
principles and practices of governmental and other non-profit organizations – fund accounting,
revenues and expenditures statements. Types of funds and general principles of fund accounting.
Assets and liabilities, reporting of Account of Local government, Hospitals, educational
institutions etc. Government parastatals accounting. Recent reforms in civil service and

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contemporary issues, application of costing methods to decision making in government. Budget
systems. Cost – Benefit Analysis, PPBS (Planning programming and budgeting system) Federal
Government controls. Public Audit, audit committee, audit alarm, and accountability.
Accounting methods and information for planning and control in government health
organizations and educational institutions. Public finance; Analysis for decisions in the public
sector; project appraisal in the public sector; National income analysis.

ACC314 Management Information System (3 Units) (L.30: P.0: T.15)

This course is a continuation of ACC 224. It is essentially a computer application to management
decision making. Topics covered include; introduction to Data Processing: Data and information
Data Processing Stages. Data Processing and Management Information Systems. Manual
Methods – Accounting Machines. Punched Card System (Summary only). Introduction to
Electronic Data Processing (EDP) and Computers: Hardware; Software, Computer Files, Data
Collection and Controls Programming – (Summary only), flow charts. Feedback, Open loop and
Closed-loop system, Homeostasis; communication and noise elements in business systems;
communication theory; redundancy. A systematic study of data sources and information flows.
Managerial uses of the information output as a basis for developing criteria and systems.
Information needs of the management. Design of management information system.

ACC315: Business Ethics and Corporate Governance (2 Units) (L.30: P.0: T.0)
The aim of this course/module is to enable students to understand the theory and practice of
corporate governance, and how this interfaces with ethical issues involving stakeholders in
corporations. It attempts to achieve this through a mix of lectures, cases, and exercises that
promote heated debate. It will explore key assumptions in economic and political thought in
terms of welfare, community and liberal free market. Particular emphasis will be put on
stakeholder analysis, deontology and teleology ethical theories Overall, the module deals with
corporate governance and ethical issues facing corporations in relation to shareholders’ interests
and stakeholder needs, employees, the environment and external and community relations and
corporate social responsibility (CSR). The module will contribute to ethical and professional
value of accountancy and finance students. On completion of this module, students should be
able to apply moral philosophy and ethical thinking to changing international accounting, finance
and business environments and investigate the relationship between values, economic systems.

FMP 311 Arable Crops Production. (1 Unit)

Hands- on experience in the cultivation, production, harvesting, utilization, processing, storage
and marketing of arable crops such as Maize, sorghum, soya beans, cassava, groundnut.

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ACC321 Financial Accounting IV (3 Units) (L.30: P.0: T.15)
This course is a continuation of ACC311. Topics covered include; foreign branches accounts;
interpretation of financial statements and financial ratios analysis; computer application to
financial accounting, specialized accounts, solicitors accounts, estate agents, property companies,
hire purchase, farmer’s account, pension fund account. Others are underwriters’ accounts, unit
trust and voyage accounts, constant (current) purchase power accounting. More complex
problems and publication of financial statements. Contemporary issues in financial accounting.
Purchase and sale of business etc.

ACC322 Advanced Cost Accounting (3 Units) (L.30: P.0: T.15)

This course focuses on accounting information for the management functions of planning and
control. It includes aspects such as the determination, cost, cost control, performance evaluation
and financial information for planning and decision. Other details include: introduction: The
nature and function of management accounting. The dual purpose of planning and control; cost
for decision-making, marginal and absorption costing: its use, breakeven analysis, cost volume,
breakeven graphs and profit graphs. Relevant costing. An introduction to the concept of
opportunity cost. An introduction to accounting control systems: Standard costing – uses and
types of standard (basic, current, ideal, and attainable standards) and basic variance analysis.
Budgetary control-preparation of budgets, including cash budgets. Methods of cost estimation:
graphical or scattered graph method, accounts classification method and high and low method.
Introduction of the Behavioral aspects of accounting. Learning Curve Theory.

ACC323 Principles of Auditing (2 Units) (L.15: P.0: T.15)

This course and ACC422 offered in the Omega Semester of 400 level are actually one course
broken into two parts for convenience only and expected details and depth. The course examines
the duties, responsibilities, powers and privileges of the auditors and the statutory and
professional standards which regulate his work. Other details include: the historical background,
nature, objectives and scope of an audit; types of audit and importance of auditing. Statutory and
regulatory framework of auditing- auditor’s qualification, appointment, duties, rights, powers,
privileges, responsibilities, remuneration, removal, resignation and independent of auditor under
the Companies and Allied Matters Decree 1990, Bank and Other Financial Institution Decree 25
of 1991 and Insurance Decree of 1997.
Auditing standards: their nature, purpose, scope and development. Functions and responsibilities
of directors and audit committee as contained in CAMD’ 1990.
Fundamental principles of audit- independence, objectivity and integrity, confidentiality, due
audit care, skill and competence, etc. Planning and controlling of an audit; commencement of
audit; letter of engagement. Internal control system- types of internal control. Internal audit
(organization and functions). Evaluation of internal control system- use of statistical sampling.
Page 18 of 58
Letter of weakness, audit programs and working papers. Letter of representation; Audit evidence;
analytical reviews. Preparation of audit report.

ACC325 Nigerian Taxation I (3 Units) (L.30: P.0: T.15)

This course and ACC415 are the same but broken into two parts for convenience only. The
course examines income tax laws and practice as applicable to individuals, partners and
companies domiciled or resident in Nigeria as well as a comparative appreciation of taxation
practice in some other countries such as UK. Topics covered include: the Structure of the
Nigerian tax system. The relative importance of taxes on income, capital and expenditure in
contributing to government income. Development of Nigerian tax legislation. Jurisdiction
including rules of residence as applicable to individuals, families, estate, executors and itinerant
workers. Taxation of income from business, trade vocation or expression (sole trades).
Adjustment of profit of a trade or profession (allowable and non-allowable expenses or
deductions) Basis period: change in accounting dates and cessation of trade. Loss relief;
computation of capital allowances on fixed assets bought and on hire purchase. Computation of
total income and taxable incomes. Treatment of unearned income (withholding tax). Income
from rent, dividends, interest and royalty. Taxation of trusts settlements and estates. Taxation of
employees – income from salaries, pension and other benefits. Procedure for assessment and
collection of income tax under Pay-As-You-Earn system (PAYE). Taxation of partnership and
joint ventures. Taxation of incorporated companies. Adjustment of profit, and computation of
assessable profit, loss relief; capital allowances and computation of total profits. Frank
investment income; computation of tax liability; payment of minimum tax. Taxation of banks
and insurance companies. Tax administration and organization: Joint tax board; Federal Inland
Revenue service; State revenue service; returns, assessment procedures and collection of taxes;
interest on overdue tax and penalty; objection and appeals; tax clearance certificates and its uses;
offences and penalties, Value added tax and stamp duties.

ACC329 Accounting Laboratory/Workshop III (1 Unit) (L.0: P.45: T.0)

This is a continuation of ACC229. The students are expected to be exposed further to actual
various accounting software, preparation and presentation of accounts in these packages. Use of
accounting software for Research activities including word-processing, spreadsheets, statistical
& econometric analysis (e.g. Oracle financial, Sun account, Quick Book, Lawson utility,
Peachtree, SAP, Sage, SSPS WordPerfect, Microsoft Word, Lotus, Excel, Quatro-Pro, TSp,
Wineas, E-View, Rats, Microfit, Pcgive etc.) will be taught and practicalized.

FMP 321 Rabbit and Micro Livestock Production. (1 Unit)

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Hands – on experience in the raising, production, feeding and management of rabbit, Guinea
pigs, Glasscutter, S7nails and other micro-livestock species.

ACC411 Advanced Financial Accounting I (3 Units) (L.30: P.0: T.15)

This course and ACC421 begin with a general overview of financial accounting courses up to
ACC321. This course covers preparation and presentation of accounts of publication,
amalgamation, absorption and reconstructions internal and external. The two courses will focus
on accounts of holding companies as well as a comprehensive review of some of the more
complex accounting topics studied in earlier courses. In addition, the course will examine unique
features of the account of specialized institutions such as banks and insurance companies.
Accounting for groups of companies including financial and non-financial organizations e.g.
banks, insurance etc.

ACC412 Management Accounting I (3 Units) (L.30: P.0: T.15)

This course is a continuation of ACC322 and takes the students deeper into the subject. Topics
covered include: concept in decision accounting: full cost, sunk cost, marginal or direct cost,
opportunity cost, incremental or differential cost. Short term decision such as dropping a
segment, make or buy decision, replacement of equipment; optimal product mix (use of scarce
resources) including use of linear programming.
Cost volume; profit analysis under uncertainty. Pricing policy decision, decision making under
uncertainty; definition of risk and uncertainty, application and limitation of probabilities,
measurement of risk, use of decision tree analysis, sensitivity analyze.
Long-term decision (capital budget); objective of capital budgeting, methods of appraising
investments (both traditional and modern methods such as payback period, returns on capital net
present value and internal rate of return) capital rationing (single and multi-period). Methods of
incorporating risk and uncertainty in investment appraisal. Lease or buy decisions, calculation
and use of cost of capital, average and weighted cost of capital. 45 (T); PR: ACC322; C

ACC413 Auditing and Investigation (3 Units) (L.30: P.0: T.15)

This is a continuation of ACC323. Topics include: auditor’s attestation – clean report, adverse
report, and qualified report. More advanced auditing techniques. The use of statistical sampling.
Auditing computer-based systems. Professional rules of ethics. Auditors’ responsibilities as
regards prospectus, share issues and transfers. Special categories of audit- audit of sole trading
business, partnership, cooperative bodies, solicitor’s accounts, banks and other financial
institutions, The audit of groups of companies, The role of auditing standards, Investigations and
special reports, - Distinction between auditing and investigation; nature of investigations; types

Page 20 of 58
of investigations; and report appropriate to each type of investigation. Auditor’s liability - The
liability of auditors to the company, the shareholders and third parties.

ACC414 Oil and Gas Accounting (2 Units) (L.15: P.0: T.15)

This course introduces students to the general overview of financial accounting in the upstream
and downstream of the oil sector. It is intended to expand the knowledge base of students in the
oil and gas industry especially in the application of the relevant SAS and IAS in the preparation,
presentation and reporting of financial reports. Details include the industry background,
Accounting for exploration, development production and reserve recognition for firms in the
petroleum industry, Successful efforts accounting; full cost accounting, Basic financial
accounting and reporting requirements for oil and gas producing companies in compliance with
relevant statement of accounting standards, an overview of income tax problem related to the
industry.

ACC416 Forensic Accounting (2 Units) (L.15: P.0: T.15)

The course introduces students to recent developments especially in area of expanded and
specialized auditing and investigation functions. Topics include, meaning, scope, development
and relevance and comparison of forensic accounting with traditional auditing, its diverse
functions and services. Other details include forensic and investigative accounting, economic
crimes in audit and financial statements, forensic auditing, fraud prevention plans, forensic
accounting and law, corporate fraud, white-collar crime in government organization, litigation
support services, forensic accountant and expert opinion/expert witness, forensic accounting and
auditing skills. The role of forensic accountant in litigation process, professional skills and
standards, documentation and reporting etc.

ACC418 Nigerian Taxation II (3 Units) (L.30: P.0: T.15)

This is continuation of ACC325. The topics includes determination of responsibility to pay tax,
administration of tax, company income tax, ascertainment of profit or losses, deductions from
dividends, double taxation arrangement, capital allowance, Capital Transfer tax and Capital
Gains tax – principles and shipping businesses, Taxation of non-resident individuals deriving
income from Nigeria, Double taxation relief – principles and basis. Petroleum Profit tax:
principles and computations.
Tax Management: Client’s taxation advisory services and management of tax practice. Relation
with Revenue authority: nature and purpose of revenue inquiry: back duty and other tax
investigations. Implications of taxation on investment decisions. Taxation and international
trade.

Page 21 of 58
FMP 411 Ruminant Animal Production. (1 Unit)
Hands- on experience in the raising, production, feeding and management of goats, sheep and
cattle. Disease and heath management of these animals will be emphasized.

ACC421 Advanced Financial Accounting II (3 Units) (L.30: P.0: T.15)

Preparation of consolidated financial statements- profit and loss account, balance sheet and cash
flow statement etc. The elimination of intra-group balances and profits on intra-group
transactions. Treatment of minority interests. Amalgamation and merger and acquisition
accounting. “Pooling of interest” Interpretation of group financial statements 30h (T); PR:
ACC411.

ACC423 Management Accounting II (3 Units) (L.30: P.0: T.15)

This course is a continuation of ACC322 and ACC412 and focuses on the techniques for
designing, developing and presenting accounting information needed for various types of
management decision. Topics include: budgeting- forecasting, nature and principal use of
budgets, Types of budgets; fixed and flexible budgets and budgetary process, Preparation of
business budget and other use for control including master and functional budgets, the use of
sensitivity analysis. Preparation of cash and working capital budgets. Alternative approaches to
budgeting; zero based budgeting, program performance budgeting system (PPBB), activity based
budgeting. The application of capital budgeting technique to different situations (e.g. make or
buy, lease or own etc.). More discussion on the behavioural aspects of accounting; and more
difficult problems in standard and marginal costing. General principles for designing
management reports are also discussed. Budgetary control; control theory in accounting.
(Feedback loops opened and closed systems). Definition and objectives of budgetary control.
Responsibility accounting; controllable and uncontrollable outcomes; analysis and budget
variances. Behavioural aspect of budgeting, problems of budgeting. Standard costing; -
relationship of standard costing with budgeting, methods of setting standards for materials,
labour and overheads, basic and advance variances including mix and field variances. Sales
(price and quantity), material mixed and field variances, planning and operational variances.
Behavioural aspects of standard costing. Application of quantitative methods to various aspects
of management accounting - regression analysis, economic order quantity model, and linear
programming techniques. Decentralization and performance measurement. Transfer pricing in
divisionalized companies. Presentation of management information.

Page 22 of 58
ACC427 International Accounting (3 Units) (L.30: P.0: T.15)
This is continuation of ACC312. The dramatic expansion of international trade and finance and
the effects of globalization requires accounting students to understand accounting and
governance in MNCs & TNCs. In addition to internationalizing the students’ perspective on
accounting, governance and regulation, the course also aims at broadening and deepening the
knowledge of students. The course is essentially designed to expose students to the accounting
and financial controls of international operations and their attendant controls and problems of
foreign companies such as method of transfer of dividends, cost of foreign products funds for
foreign products, IAS and financial statements of TNCs and MNCs, Argument for and against
international accounting. The course uses a mixture of lectures and cases to explore the topics.
Major topics include the structure and accounting implications of international transactions,
financial reporting and securities, argument for and against international accounting, Causes of
international difference, International classification of financial reporting, The role of
accounting in global markets, Accounting in various countries of the world such as in United
Kingdom, global markets. Accounting in various countries of the world such as in United
Kingdom, United States, France, Germany, Japan, China and Russia etc., Comparative
accounting, Harmonization and international accounting standards, Foreign currency translation.

ACC 428: Financial Reporting and Ethical Issues (2 Units) (L.30: P.0: T.0)
Current Issues in Reporting Framework (Accounting Standards), Formulation of Accounting and
Reporting Policies (Laws, Regulation, Recognizing and Measuring Assets & Liabilities).
Preparation & Presentation of Extracts from Financial Statements- IFRS requirements and
accounts policies, Interpretation of Financial Statements, Accounting Standards (SAS, IAS,
IFRS), Ethical Framework Concepts and Value, The Environment: Corporate, Professional and
Regulatory, Professional Ethics: Compliance with fundamental Ethical principles, Decision
making in Ethics, Ethical Threats and Safeguards, Corporate Governance: Good Practices and
Issues, Benchmarking Governance Cases in practice, Responsibility of the Board of Directors for
Leadership and Governance of their Organisations, Agency Theory and Shareholders Interests.
Corporate Social Responsibility and Environmental Issues in Ethics. The student should gain an
understanding of Shareholdership and Stakeholdership Models of Corporate Governance and
identify the Ethical Implications for Business and Organisational Code Conduct. Corporate
Governance in Public / Not-for-Profit Organisations. On completion of this module, students
should be able to apply moral philosophy and ethical thinking to changing International
Accounting, Finance and Business Environments and Investigate the Relationship between
Values, Economic Systems and Business Objectives and Financial Reporting.

Page 23 of 58
ACC429 Research Project (6 Units) (L.0: P.270: T.0)
Project work comprises an original study of a current local accounting or management problems.
The main aim is to help students develop the ability to identify specific problems and make use
of various concepts, tools and techniques to arrive at appropriate solutions. This assignment is
intended to provide the students with the opportunity to practicalize the principles of problem
definition, data gathering, and data analysis and report presentation which the students learnt in
BUS327 (Business Research Methods). Project is normally supervised by faculty members. An
interdisciplinary approach is also encouraged. Other details include: a systematic field research
on a current accounting topic approved by a supervisor and the Department. A report of
reasonable and acceptable length and quality. It involves fortnightly discussions and review of
progress of work with the supervisor.

FMP 421 Fish Production and General Aquaculture. (1 Unit)

Hands- on experience in raising, production, feeding and management of different types of fish
in production system such as carton ponds, concrete pond fibre glass ponds and complete re-
circulatory system of production.

Page 24 of 58
 B.Sc. (Hons) BANKING AND FINANCE PROGRAMME
VISION, MISSION AND PHILOSOPHY

Vision
To produce solution provider in the research, teaching and development of banking and
finance thoughts and organizational resource management principles as fundamental input
in the attainment of the global Millennium Development Goals (MDGs) and Nigeria
Vision20:2020.

Mission
To achieve the vision, our mission is to produce time tested and professionally
competent world-class bankers and finance experts with the best of integrity who will
be at the forefront of driving the required financial management strategy towards the
attainment of the global Millennium Development Goals (MDGs) and Nigeria Vision
20:2020. Landmark University Programme for banking and finance is designed to produce
highly responsible and diligent graduates in line with the University core values.

Philosophy

The Department aims at producing high level graduates in the field of banking and finance
who will contribute through learning and research to the growth of banking and finance
industry hereby advancing the state of professionalism, entrepreneurial development and
self-sufficiency as required in the Millennium Development Goals (MDGs) as well as
agrarian revolution which is the core base of Landmark University.

JUSTIFICATION

Landmark University Programme for Banking and Finance is designed to be more

comprehensive and relevant in impacting entrepreneurial skills than those of the existing
programmes in Nigeria Universities.

OBJECTIVES

Ø To provide a basic knowledge and skill needed for the understanding and analysis
of problems related to the banking/finance industry and other human organisation.
Ø To equip the students of Banking and Finance with the logical skills needed for
recognizing, defining and solving problems and making decisions.
Ø Preparation for higher degree
Ø Preparation for Employment

Page 25 of 58
HISTORY OF PROGRAMME
Banking and Finance programme was one of the pioneer programmes in the University.
The Programme started in the year 2011 with thirty (30) students. Our first set of students
is now in 400 level to graduate in the year 2014. The programme started with a full time
faculty in the year 2011. As at date, the staff strength have increased to about eighteen
(18) including a Professor, two Associate Professor, four Senior Lecturers, six Lecturer I,
one Lecturer II and three Assistant Lecturers. In September, 2012, the programme
merged with Accounting Programme to form a department called Accounting and
Finance Department. Today, the Department of Accounting and Finance have the largest
number of students in the University.

ADMISSION REQUIREMENTS (B Sc. BANKING AND FINANCE)

The minimum of five (5) credits level passes in the SSCE /GCE O level, NECO /NATEB
or its equivalent, obtained in no more than two sittings. The five (5) credit passes must
include English Language, Mathematics. Candidate must additionally have credit level
passes in any two of the following, Commerce, Economics, Government, Geography and
Accounting. Plus a credit passes in any science subject to makeup for any shortfall. In
addition the candidate must pass UTME and Post-UTME to be conducted by the
University.

GRADUATION REQUIREMENTS FOR BSc BANKING AND FINANCE

To graduate, a student must successfully complete a minimum of 180 credit distributed

approximately equally over the four (4) years period. Plus the satisfactory completion of
a minimum of six (6) weeks of industrial Training, this is to satisfy both academic and
professional requirements. See table below

Level 100 200 300 400 Total

Compulsory 29 33 30 37 129
Electives 4 4 8
SWEP
Industrial 0
Training[SIWES]
College Courses 6 6 12
University Courses 10 6 6 6 28
NUC Courses 6 6 2 14
TOTAL 51 51 42 47 191

Page 26 of 58
 CURRICULUM FOR BSc BANKING AND FINANCE
100 LEVEL BANKING AND FINANCE
ALPHA SEMESTER OMEGA SEMESTER

Course Pre- Course Pre-

Course Title Status Units Course Title Status Units
Code Requisite Code Requisite
Principles of Principles of
ACC111 C 3 ACC121 C 3
Accounting I Accounting II
Introduction to Introduction to
BFN111 Banking and C 3 BFN121 Banking and C 3 BFN111
Finance I Compulso Finance II
Compulsory Introduction to Introduction to
BUS111 C 3 ry BUS121 C 3
Courses Business I Business II
Courses
Introduction to Introduction to
ECO111 C 3 ECO121 C 3
Economics I Economics II
Introduction to
Business
POS111 Political C 3 BUS124 C 2
Communication
Science
15 14 29
Mathematics
Statistics for
for Business
College CBS111 C 3 College CBS121 Business and C 3
and Social
Courses Courses Social Sciences I
Sciences I
3 3 6
Use of Library,
Use of Library,
Study Skills and
Study Skills
Information
CSE111 and Information C 2 CSE121 C 2
Communication
Communication
Technology I
Technology II
Entrepreneurial Entrepreneurial
EDS111 Development C 1 EDS121 Development C 1
Studies I Studies II
University Universit
Courses introduction y Courses Introduction
FMP111 to Crop C 1 FMP121 to Animal C 1
Agriculture Agriculture
Total Man Total Man
TMC111 C 1 TMC121 C 1
Concept I Concept II
Total Man Total Man
TMC112 Concept - C 0 TMC122 Concept – C 0
Sports Sports
5 5 10
Communication
Communication GST121 C 2
NUC GST111 C 2 NUC in English II
in English I
General General Communication
Courses Courses GST122
in French
C 2
2 4 6
TOTAL 25 TOTAL 26 51

Page 27 of 58
 200 LEVEL BANKING AND FINANCE
ALPHA SEMESTER OMEGA SEMESTER

Pre- Pre-
Course Code Course Title Status Units Requ Course Code Course Title Status Units Requisi
isite te

BFN Business Nigeria Banking and BFN12

C 3 BFN221 C 3
211 Finance I Finance Environ. 1

ACC Financial Financial Accounting

C 3 ACC221 C 3
211 Accounting I II
ACC Cost
C 3
212 Accounting I Compu ACC222 Cost and Management
C 3
Compulso lsory Accounting II
ry Courses BUS Principles of
C 3 Course
211 Management I s Principles of
ECO221 C 3
Economics II (Macro)
Principles of
ECO
Economics I C 3
211
(Micro)
Monetary
Principles of
ECO 215 Economics & C 3 MKT221 C 3
Marketing II
Policy

18 15 33
Mathematics
CBS for Business College CBS221 Statistics for Business
College 211 C 3 C 3
and Social Course and Social Sciences II
Courses Sciences II s
3 3 6
Entrepreneurial Entrepreneurial
EDS
Development C 1 EDS221 Development Studies C 1
211
Studies III IV
General
Horticulture Poultry and Swine
FMP211 C 1 Univer FMP221 C 1
Universit and Plantation Production
Crops sity
y
Course
Courses TMC Total Man
C 1 TMC221
Total Man Concept
C 1
211 Concept III s IV
Total Man
TMC Total Man Concept -
Concept - C 0 TMC222 C 0
212 Sports
Sports
3 3 6

Logic, Nigerian People and

GST Philosophy and NUC GST221 Culture
C 2
NUC C 2 Genera
211 Human
General Existence l Peace Studies and
Courses Course GST222 Conflict Resolution
C 2
s
2 4 6
TOTAL 26 TOTAL 24 50

Page 28 of 58
 300 LEVEL BANKING AND FINANCE
ALPHA SEMESTER
OMEGA SEMESTER
Course Unit Pre- Course Unit Pre-
Course Title Status Course Title Status
Code s Requisite Code s Requisite
Law and
International BFN321 Ethics of C 3 BUS313
BFN313 C 3 Banking
Finance I
Comparative
BFN324 Financial C 3
Business Systems
BFN311 C 3
Finance II
Research
Compulsory Compulsory BUS327 C 3
BUS313 Business Law C 3 Methodology
Courses Courses
Merchant and
BFN312 Investment C 3 Introduction to
Banking Management
MIS221 C 3
Information
System
Econometrics
ECO316 C 3
Methods Corporate BFN
BFN322 E 3
Finance 211/311
15 15 30
Note: Take Minimum of 2 units electives from below Note: Take minimum of 2 units electives from below
Real Estate Public Sector
BFN314 E 2 BFN325 E 3
Finance Finance
Micro and SME
BFN315 E 2
Finance Applied
ECO320 E 3
Econometrics
Financial ACC
ACC311 E 3
Electives Accounting III 211/221 Electives
Mortgage
ECO326 Banking and E 2
Finance

2 2 4
Entrepreneurial Entrepreneuria
EDS311 Development C 1 EDS321 l Development C 1
Studies V Studies VI
Rabbit and
Arable Crops Micro-
FMP311 C 1 FMP321 C 1
Production livestock
University University Production
Courses Total Man Courses Total Man
TMC311 C 1 TMC321 C 1
Concept V Concept VI
Total Man Total Man
TMC312 Concept – C 0 TMC322 Concept – C 0
Sports Sports
3 3 6
History and
NUC GST311 Philosophy of C 2 NUC
General Science General
Courses Courses
2 2

TOTAL 22 TOTAL 22 44

Page 29 of 58
 400 LEVEL BANKING AND FINANCE
ALPHA SEMESTER OMEGA SEMESTER

Course Stat Pre- Course

Course Title Units Course Title Status Units PreRequisite
Code us Requisite Code
BFN42 Research
BUS410 Business Policy I C 3 C 6
1 Project
Financial
BFN411 C 3 BFN322 Bank Lending
Management BFN42 BFN412
and Credit C 3
Practice of 2
BFN412 C 2 Administration
Banking I
International
Monetary BFN313 Strategic
BFN413 C 3
Relation and BFN42 Financial
Finance C 3
7 Management and
Compulsor Corporate Policy
Capital Market y Courses
B FN416 and Portfolio C 3 BFN42 Marketing of
Theory 5 Financial C 3
Services
Management of
BFN Banks and
C 2
Quantitative 423 Financial
Compulsory Technique : Institutions
BFN 415 C 3
Courses Application in Quantitative
Finance I BFN Technique :
C 3
426 Application in
Finance II
17 20 37

E 2 Note: Take minimum of 2 units electives from below

Trust
BFN414 Pension and
Administration
BFN428 Social E 2
Insurance

Multinational
BFN424 Business E 2
Financing
Bank Audit and
BFN417 E 2
Inspection Business and
Project
BUS426 E 3
Evaluation and
Analysis
2 2 4
Entrepreneurial Entrepreneurial
EDS411 Development C 1 EDS421 Development C 1
Studies VII Studies VIII
Ruminant Fish Production
FMP411 Animal C 1 FMP421 and General C 1
University Production University Agriculture
Courses Total Man Courses Total Man
TMC411 C 1 TMC421 C 1
Concept VII Concept VIII
Total Man Total Man
TMC412 Concept - C 0 TMC422 Concept – C 0
Sports Sports
3 3 6
TOTAL 22 TOTAL 25 47

Page 30 of 58
 COURSE DESCRIPTIONS / CONTENTS FOR BANKING AND FINANCE
PROGRAMME

BFN111 Introduction to Banking and Finance I (3 Units) (L.30: P.0: T.15)

The Finance Function / Role of the Finance Manager, The Financial Objective of the firm, Forms
of Business Organisations and the Business Environment, Time value of money: simple interest,
compound interest and Present value, Source of business finance, Risk Dimension to Finance,
Financial market: money and capital market, Foreign Exchange Market, Money and Banking

FMP 111 Introduction to Crop Agriculture. (1 Unit)

The principle, problem and prospect of crop production. Importance of crop rotation cultural
practices and soil conservation, Irrigation and drainage. General types and characteristics of
arthropods, micro-organisms and other pests affecting crops. Weeds and their effect on crop
production, pests, diseases and weed control. Basic mendelian genetics principles of crops
production, harvesting, processing and storage.

BFN121 Introduction to Banking and Finance II (3 Units) (L.30: P.0: T.15)

The History of Banking in Nigeria and its contribution to the economy, The principal savings
and lending institutions and their role in the economy (commercial bank, merchant bank,
Mortgage bank, development bank and Community bank), The present organisation of the
Nigerian banking system – Organogram.
The commercial banks – Sources and uses of funds, General principle of bank lending; its design
and cost, Bank services (personal & corporate bodies) Bank Account types, Methods of payment
(Domestic & Overseas), The Bank Balance Sheet Structure, The development of CBN and its
role in the economy, Non-banking financial institutions (insurance, cooperative, Thrift and credit
societies, Pension funds (NSITF), Finance houses and state finance corporations, Bank and other
financial institution’s Decree, Prudential Guidelines & NDIC, Fiscal Policy – Taxation.

FMP 121 Introduction to Animal Agriculture. (1 Unit)

Livestock and poultry breeds and distribution in Nigeria. Livestock management systems
including nutrition, feeding, housing, disease control and general management. Introduction to
Animal breeding and development of improved breeds of animals. Effect of climate or animal
and forage production. Introduction to animal health and diseases. Introduction to livestock
products and by – products.

BFN211 Business Finance I (3 Units) (L.30: P.0: T.15)

Small & Medium Enterprises financing in Nigeria, Principles of Working Capital Management,
Investment decision under condition of certainty, Investment decision under condition of
uncertainty, Capital Rationing.

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Cost of capital as decision criteria. Discounted cash flow methods (present value calculation,
capital investment Appraisal, NPV, Probability Index, IRR, Payback period, accounting rate of
return), Inflation, Taxation and Sensitivity analysis.

FMP 211 General Horticulture and Plantation Crops. (1 Unit)

Hands – on experience in the production of vegetables, fruits, Flowers and permanent crops like
Cocoa, cashew, oil-palm and other tree crops. Practical work will include nursery establishment,
transplanting, and management practices.

BFN221 Nigeria Banking and Finance Environment (3 Units) (L.30: P.0:

T.15)
Growth, structure, evolution, development and role of banking and financial institutions in
Nigeria: Evolution, Development, Growth and Structure of The Stock Exchange. Capital Market,
Central Bank, Commercial Banks, Merchant Banks, Development Banks, Cooperative Banks,
State Finance corporations and Finance Houses. Their performance and impact on the economy,
financial development Vs. Real development, Legal and Regulatory environment governing, The
financial system, CBN Decree 1991 and BOFIA 1991 and subsequent amendments, the role of
the CBN in monitoring the system, the Returns system and inspection function, Factors affecting
the future development of the financial system, Brief review of major Non- Bank financial
Institutions including Hire Purchase and Finance Companies, Policy Implications and
Government Intervention in the banking industry. The role of the Central Bank in the financial
system and its monetary policy functions, Obligations of banks to customers and shareholders.
Banks and Social responsibilities.

FMP 221 Poultry and Swine Production. (1 Unit)

Hands- on experience in the production of broilers and laying hens as well as swine production
& management. Students will participate in the brooding of chickens and the management of
pigs.

BFN311 Business Finance II (3 Units) (L.30: P.0: T.15)

Capital Structure of a firm, Leverage; operating leverage, Financial leverage & combine
leverage, Dividend Policy; theories of dividend policy, internal financing, Ratio Analysis;
overview of financial statements, users of financial statement, concept of financial ratio, types of
financial ratio & limitations, Analysis of Working Capital, Valuation of firms; Mergers,
Acquisition and take over.

BFN312 Merchant and Investment Banking (3 Units) (L.30: P.0: T.15)

Evolution of Merchant/ Investment banking in some countries like U.S.A, UK and Nigeria;
changing distinguishing features, methods, processes and functions of merchant / Investment

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banking; Laws and Regulatory framework for merchant / Investment banking operations and
control. Structural changes and performance of merchant banks in Nigeria; Loan syndication.
International operations; changing role with the emergence of Universal banking.

BFN313 International Finance I (3 Units) (L.30: P.0: T.15)

The basis of trade: Theory of comparative costs and comparative advantage, impediments to
trade, Balance of payment: structure, interpretations and problems. The Forex Markets and
Exchange Rate Determination. Nigerian Foreign Exchange system and markets, Various forms
of making payment abroad and Trade facilities; Risks – forex and political risks of making
payment abroad; Export processing zones.

BFN314 Real Estate Finance (2 Units) (L.15: P.0: T.15)

Economic fundamentals of real estate; analysis of real estate markets; techniques of mortgage
financing, appraisal principles and investment analysis; theory and practice of valuing real
property.

BFN315 Micro and SME Financing (2 Units) (L.15: P.0: T.15)

Importance of SME sectors in national development, problems in financing SME enterprises,
supply and demand for funds in SME projects, strategies in financing SME enterprises, role of
banks in financing SMEs, other sources of institutional finance for SMEs, the performance of
micro and small business loans, equity investment, Small and Medium Enterprise Equity
Investment Scheme (SMEEIS) and SME financing, risky enterprises, risk management and
importance of venture capital funds, Credit Guarantee Schemes for SMEs, non-financial
supporting facilities for SMEs development, the special nature, problems and administration of
micro credit.

BFN316 Nigerian Financial Institutions

Monetary Authorities: Roles, Functions and structure: The central bank on Nigeria CBN. The
Nigeria Deposit insurance corporations (NDIC), the federal ministry of finance as monetary
Authorities, The Nigeria capital market, the Nigeria Stock Exchange (NSE) the Securities
Exchange Commission (SEC), Banks and other Financial Institutions. Banks: roles, functions,
structure and performance, commercial Banks, Merchant Banks and community Banks. Other
financial institution: Bureau de change, insurance companies. The unorganized financial sector:
the traditional financial institutions such as Esusu, Ajo etc. Marketing of banks services, Topical
issues in Nigerian Banking and Finance.

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FMP 311 Arable Crops Production. (1 Unit)
Hands- on experience in the cultivation, production, harvesting, utilization, processing, storage
and marketing of arable crops such as Maize, sorghum, soya beans, cassava, groundnut.

BFN321 Law and Ethics of Banking (3 Units) (L.30: P.0: T.15)

Statutes and regulation governing the Establishment and operation of Banks in Nigeria, e.g.
BOFIA No 25, CBN Decree No 20, NDIC Decree 22; Monetary, Credit, Foreign Trade and
Exchange policy Guidelines; Agency, Business Law: Bankruptcy, Property, guarantee and
indemnities, Negotiable Instruments, Commercial letters of credit.
ETHICS - Nature of ethics, Social responsibility of managers, the ethical banker, Whistle-
blowing and loyalty duties, instills ethical standards in organization.

BFN322 Corporate Finance (3 Units) (L.30: P.0: T.15)

The role and activities of participant in the capital market; the Securities and Exchange
Commission (SEC); stock exchange, other financial institutions, methods and procedure of
raising new issues, analysis of financial statements, investment analysis and management, the
selection of investments to meet the needs and requirements of individuals and corporate bodies,
legal rights of investors.

BFN324 Comparative Financial Systems (3 Units) (L.30: P.0: T.15)

Comparative analysis of the development, structure, role, functions and performance of the main
institutions and markets in the financial systems in Nigeria and some selected countries or
regions including: The Central Bank, Commercial Banks, Universal Banks, Investment
Companies, Insurance Companies, Pension organizations etc. Rural banking, Marketing of
Bank/Financial services; Financial Markets; International financial systems. Countries/ Regions
to include in the comparative study include Nigeria, some Africa countries, U.S.A., U.K and the
European Union, Eastern and Central Europe, Japan and some Asian and Middle Eastern
countries.

BFN325 Public Sector Finance (3 Units) (L.30: P.0: T.15)

Computation of national income; income approach, output approach and expenditure approach,
Fiscal functions; Fiscal institution in Nigeria, Introduction to taxation, personal income tax,
income inequality & equity, Government revenue; Revenue sharing application of pare to,
Government expenditure; size of government spending and consumption, National debt, Problem
of Public debt, Public and social goods, criteria for evaluating public goods, Budgetary process
of Nigerian Government Planning, Introduction to fiscal stabilization.

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BFN326 Mortgage Banking and Finance (2 Units) (L.30: P.0: T.15)
The Housing Situation and the importance of Mortgage Finance Institutions: Housing Policies,
Key Housing policy issues and trends, The factors that influence housing policy and trends,
Private sector participation in provision of housing, Relevant policy initiatives, Social and
economic aspect of housing, The Mortgages finance Market primary and Secondary Markets:
Mortgage Instruments, mortgage Finance Institutions In Nigeria: The Federal Mortgage Bank,
and the private mortgage finance institutions in Nigeria The National Housing Fund. Need-
Demand – Supply, the Primary mortgage Institutions in Nigeria. Evolution of PMIs, the
regulatory framework for the industry, scope of operations statutory returns, savings and
investment services mobilization and competition and various types of customers’ accounts, the
principles and practices of lending as relating to mortgage, Mortgage Loans, Bridging and
building advances. Types of loans applications Valuations assessment of personal covenants
advances procedure related assurances and insurances, the Law relating to Mortgage
transactions, Form and contents of mortgage deeds Peculiarities of different types of mortgage
legal equitable, sub mortgage or second mortgage security for advances, additional security
guarantee assessment deposit of valuables, general administration of mortgage accounts notices
of subsequent mortgage further advances tenancies transfer of mortgage and property subject to
mortgage repayment system, The Mortgage finance Problem In Nigeria – An Appraisal: Future
of Housing finance and Housing Policy in Nigeria.

BFN327 Agricultural Finance (2 Units) (L.15: P.0: T.15)

Role of agriculture in the economy, Economic Analysis of acquisition and utilization of capital,
supply and demand for fund in the agricultural sector, Sources of Agricultural finance, Role of
credit in the agricultural business and credit analysis, Income and cash flow statement of farm
business, Risk management in agricultural crop insurance, role of financial system in the
provision of agricultural financing, Agriculture credit institution in Nigeria, Agricultural finance
and national economic policy, Challenges to agricultural financing.

FMP 321 Rabbit and Micro Livestock Production. (1 Unit)

Hands – on experience in the raising, production, feeding and management of rabbit, Guinea
pigs, Glasscutter, S7nails and other micro-livestock species.

BFN411 Financial Management (3 Units) (L.30: P.0: T.15))

Cash flow analysis, Capital Investment Analysis and Inflation, Capital Investment Analysis and
taxation, Replacement decision, Management of capital Expenditure, Portfolio theory and capital
asset pricing model, Capital Investment analysis international consideration, Capital Investment
Analysis in public sector.

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BFN412 Practice of Banking I (2 Units) (L.0: P.45: T.15)
Banking and the payment systems, Electronic banking and methods of making payment; Banker
and customer relationship, Opening and Operation of various types of accounts, Banking
transaction, Determination of banker and customer relationship, Securities for bank lending,
Appropriate methods of valuation and procedure for taking securities; Instruments of payments,
clearing system; funds transfer system, social aspects of banking processes.

BFN413 International Monetary Relations & Finance (3 Units) (L.30:

P.0: T.15)
Globalization in trade & Finance, Nature, function and transactions in the foreign exchange
market. Euro- financing; The role of international money and capital market and the
Internalization of the capital market; Developing countries and the reform of international
financial system; Role and sources of foreign finance; Flow of external finance to developing
countries; Capital flight and Forex leakages, Borrowing on concessional and non- concessional
terms; Foreign aid and foreign investments; Offshore investment; International financing,
liquidity and debt management; International monetary/financial co – operation; Optimum
currency areas and financial co – operation among Developing countries.

BFN414 Trust Administration (2 Units) (L.15: P.0: T.15)

Basic Concepts and features of Trusts generally; Nigerian law of Trusts; Traditional trusts
arrangements, various terms in trusts; Categories of Trust- Express and implied trusts, trust
arising by operation of law; Creation and validity of trust – Settler-capacity; the effect of
insolvency and mistake, formalities required on creation of trusts; Complete and incomplete
trusts, imperfect gifts, executed and executory trusts; Essentials of valid trusts; Creation –
qualification for appointment, removal and retirement of trustees; Particular types of trustee;
Control of trust investment, balance between beneficiaries, exercise of directions, Statutory and
express; land and other administrative powers; Liabilities to third party and beneficiaries, breach
of trust, rights: indemnities, remuneration, rectification and revocation by beneficiaries and
through court process; international elements of trust, foreign trustees. Beneficiaries and
investments; the position of trust and taxation, various kinds of tax estate, income tax;
investments and pension management and trusteeship.

BFN 415 Quantitative Techniques: Application in Finance I (3 Units) (L.30:

P.0: T.15)
The nature and Scope of Quantitative Techniques in Finance, ;Philosophy and Tradition of
Financial Research, ;Mathematical Modeling in Finance, ;Mathematical Programming and
Financial Decision Making, ;Linear Programming: Techniques and Applications. ;Integer
Programming: Techniques and Resources Allocation Problems and Non-Linear Programming
and Portfolio Selection Problems

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BFN416 Capital Market and Portfolio Theory (3 Units) (L.30: P.0: T.15)
The structure and functioning of capital market; The development and main features of the
Nigerian capital market; Instrument and operators of the capital market; study of portfolio
selection and management; Risk and Returns, Potential profitability of various investments,
forecasting return on individual portfolios; Stock exchange: growth structure and performance in
Nigeria; Capital market Theory; Current state of empirical evidence of models for evaluation
portfolio performance

BFN417 Bank Audit and Inspection (2 Units) (L.15: P.0: T.15)

Overview of bank audit; definition and nature of audit, audit function, attribute and ethical
principles of the auditor; risks associated with computer operation and how to minimize such
risk. The legal framework of audit and inspection: constraint and problems, the role and
responsibilities of external auditors; the role and responsibilities of internal auditor.
Comprehensive inspection procedure of special items: Inspection: The place of inspection in the
organizational framework of banks; philosophy of branch inspection, advantages of branch
inspection, and types of inspection. Core inspection; Special area in Banks’ inspection:
Prudential guidelines and money laundering. Investigation: Frauds and nature of frauds,
techniques use in branch inspection, the inspector in a mechanized environment.

FMP 411 Ruminant Animal Production. (1 Unit)

Hands- on experience in the raising, production, feeding and management of goats, sheep and
cattle. Disease and heath management of these animals will be emphasized.

BFN421 Research Project (6 Units) (L.0: P.180: T.30)

A systematic field research on a current banking and finance sector topic approved by a
supervisor and the department. A report of reasonable and acceptable length and quality.
Fortnightly discussions and review of progress work with the supervisor. The project work
comprises of an original study of a current local financial and management problem. The aim is
to help student develop the ability to identify specific problems and make use of various
concepts, tools and techniques to arrive at appropriate solutions.

BFN422 Banking Lending and Loan Application (3 Units) (L.30: P.0: T.15)
Review of Banker & customer relationship (as learnt in Practice of Banking 1) Objective of bank
lending and credit administration; types of accounts holders, Banking transactions, determination
of banker / customer relationship.
Bank lending: principles, concepts and practices, lending appraisal and criteria; analysis and
interpretation of customers’ accounts for lending decision making; constraints on bank lending;
principal loan, loan supervision and security; problem of loan default and bad debts, bank
services to customers.

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BFN423 Management of Banks and Financial Institutions III (3 Units) (L.30: P.0: T.15)
Basic principles of bank management and management of other financial institutions, Insurance
companies, pension funds, mortgage institutions, investment and finance houses; the regulatory
and institutional framework and implications for management; Management of resources and
uses of funds, Corporate financial planning and control, Capital adequacy and risk management,
Assets, liabilities and liquidity management in banks and other financial institutions, Credit
management in banks and other financial institutions, Marketing of banking and financial
services; Analysis of financial data for management decision making; Balance sheet sources and
uses of funds of institutions; Analysis of monetary and financial systems policies, models and
patterns of financing in the public and private sectors in different countries and economic
system. Case studies entailing management decision making.

BFN424 Multinational Business Financing (2 Units) (L.15: P.0: T.15)

Nature, functions and transactions in foreign exchange markets, financing role of international
money and capital markets, Markets in Euro-currency. Internationalization of capital markets
and financial activities of multinational business enterprises, Working capital management,
Capital and financial structure, Effects of transactions in multiple currencies, Dealings with risk
in exchange rate fluctuations, segmented capital markets, Exchange control and political risks,
Nationalization and expropriation, Transfer pricing, other financial manipulation at variance with
financial regulations and policies of host countries. Foreign Direct Investment (FDI), Capital
Budgeting in business situation – Adjusted Present Value (APV); International Taxation and
Multinational Enterprises.

BFN425 Marketing Financial Services (3 Units) (L.30: P.0: T.15)

General marketing concepts for goods and services; Overview of marketing of financial services,
strategies for marketing of financial services, marketing planning, marketing research, product
development, pricing, financial services delivery, promotional mix, public relations (PR),
customer relations, marketing audit, ethics in marketing.

BFN 426 Quantitative Technique: Application in Finance II (3 Units) (L.30:

P.0: T.15)
Goal Programming and Portfolio Management,; Dynamic Programming, ;Decision Analysis and
Financial Decision Making, ;Games Theory in Competitive Environment, Inventory Model,
Queue Theory, Markov Chain etc. Data Envelopment Analysis and Simulation and Validation.

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BFN427 Strategic Financial Management & Corporate Policy (3 Units) (L.30: P.0: T.15)
Nature and scope of Strategic financial Management- Principles and effects of Corporate
Governance, Corporate Strategy Information and Financial Management – Strategic Planning,
Total Quality Management (TQM) and Impact of ICT, Environmental Analyses and Diagnosis,
Strategic Advantage factor and Concept of Portfolio Matrix, Corporate Re-structuring, Mergers
& Acquisition, packaging banks for recapitalization, Financial Management of Small and
Medium Enterprises (SMEs) and Financial Institutions, International Financial Management:
Case Studies

BFN428 Pension and Social Insurance (2 Units) (L.15: P.0: T.15)

The design of pension funds, taxation as affecting pension fund; Construction of rates for
retirement, death, withdrawal and other benefits; Alternative funding methods and determination
of rates of contribution, transfer values and optional benefits under pension funds; Valuation of
assets and liabilities of pension funds; Investment of pension funds with particular regard to the
nature of liabilities, analysis and treatment of surplus or deficiency; Types of individual
annuities, group annuities, contribution and benefit formula, past experience, eligibility,
treatment of provision of termination of service, pension trusts; General principles of social
insurance, actuarial and demographic aspect of social insurance schemes; General provisions of
Workmen’s Compensation Act 1958, the National Provident Act 1961, and the NSITF; the
National Insurance Schemes of Britain, Social Club and Friendly Societies; the Nigerian Pension
Reform Act

FMP 421 Fish Production and General Aquaculture. (1 Unit)

Hands- on experience in raising, production, feeding and management of different types of fish
in production system such as carton ponds, concrete pond fibre glass ponds and complete re-
circulatory system of production.

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COURSE DESCRIPTION FOR THE UNIVERSITY-WIDE COMPULSORY COURSES
CST111 Use of Library, Study Skills and Information Communication Technology I (2 Units) (L.30: P. 45: T. 0: )

§ Libraries and Society

History of the development of libraries, the roles of libraries in various communities, cultural and educational revival, the role of
libraries in adult literacy programmes, user studies, planning library services in developing countries.

§ Library Resources and their Role in Education

Information bearing media: books, serials, cartographic materials, CD-ROMs, sound recordings, motion pictures, graphics,
machine readable data, use of library materials by teachers and students.

§ Reference Sources and Services

Introduction to reference and Bibliography. Definition and concept of reference services, characteristics and uses of different
types of reference materials; selection and evaluation of reference works.

§ Conservation of Library Materials

History of paper and printing, causes of damage to paper with emphasis on tropical areas, processes of book repair or
restoration, preservation and repair of non-book materials, library crimes and security.

§ Using the Landmark University Library

§ Identification of PC parts and peripheral devices: functions, applications, and how to use them. Safety precautions.
Procedure for booting a PC.
§ Filing system: directory, sub-directory, file, path, and how to locate them.
§ Word processing: principle of operation, application, demonstration and practical hand-on exercises in word processing using
a popular word processing package.
§ Internet: services available, principle of operation, application, demonstration and hand-on practical exercises on e-mail and
www using popular browsers.

CST121 Use of Library, Study Skills and Information communication Technology II (2 units)

§ Audio-visual resources
Variety and forms, selection organization and uses, operation and care of both hard and soft wares. In-house production of
audio-visual resources. This demands a lot of cooperation between library staff and lectures.

§ Documentation
Definition, genesis and growth; basic functions, theory and techniques of analyzing, storing and retrieving information through
manual and mechanical applications; abstracting; indexing principles and methods.

§ Serials Librarianship
Types of serials, importance of serials, selection, organization and uses, storage of serials, print and microform, ISSN, uses
access through abstracts and indexes.

§ Library Automation
§ Computers literacy, different types of computers, programming, designs. Value of computers in the library, OPAC, Online
database, Internet, search engines, digitization, virtual library etc.
§ Overcoming Library Abuse
§ Spreadsheet: principle of operation, application, demonstration and practical hand-on exercises in spreadsheet using a
popular spreadsheet package.
§ Database Management: principle of operation, application, demonstration and practical hand-on exercises in using a
popular relational Database Management package.
§ Report presentation

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§ Software package: principle of operation, application, demonstration and practical hand-on exercises in using a popular
report presentation package such as Power Point package. Mini-Project to test proficiency in use of the software packages.

EDS111 Entrepreneurial Development Studies I (1 Unit)

Approach: Resource persons will be drawn from the academics and industries as a way of bridging the gap between
town and gown. Students are exposed to actual industrial environment.

Objective: -This is a foundation course that is aimed at imparting entrepreneurial orientation and skill to the students.

Topics include the following: Some basic concepts and definitions of Entrepreneurship. Entrepreneurial equation,
historical background of Entrepreneurship. Definition of Entrepreneurship and Entrepreneur. Characteristics of
Entrepreneurship. Qualities of successful entrepreneur, Entrepreneurship and Economic growth, Environment of
Entrepreneur Development, What entrepreneurship involves, Elements of Entrepreneurship, Components of
entrepreneurial ventures, Fundamental changes that stimulate entrepreneurship, The Entrepreneurial process,
Benefits of being an Entrepreneur, Contributions of memorable early Entrepreneurs, Time Management. Students
are also expected to submit a term paper on Entrepreneurship from some selected areas of SMEs (Small and
Medium Scale Enterprise) operations.

EDS121 Entrepreneurial Development Studies II (1 Unit)

Topics to be covered include the following: Generating Entrepreneurial ideas and translating same with action, The
source and approaches to the study of Entrepreneurship, constraints of launching Business, Youths and Money
Management, Investment, Introduction to Capital Market, Classification of Entrepreneurs, Economic Importance of
Entrepreneurship, Entrepreneurial Windows. Factors that influence Entrepreneurship. The practice of
Entrepreneurship Productivity, Salaried Employment Vs Entrepreneurship, Introduction to Marketing Management,
Forms of Business Organizations, their advantages and disadvantages. Introduction to International Trade. Students
are also expected to submit a term paper on Entrepreneurship from some selected areas of SMEs (Small And
Medium Scale Enterprise) operations.

EDS211 Entrepreneurial Development Studies III (1 Unit)

This course is the continuation of EDS111 and EDS121. Objective: The course is aimed at exposing students to the
opportunities in Entrepreneurship and the basic characteristics required for successful performance as entrepreneurs
using some related biographical studies of entrepreneurs and management giants as case studies.

Topics include the following: Relevance of Entrepreneurial and SMEs to the Nations and Societies and Individuals,
More on biographical studies of business thinkers, Entrepreneurs and Management Giants, Introduction to
International Entrepreneurship, Entrepreneurship and globalization, accelerated industrialization through active
promotion and development of SMEs, SMEs: Definitions, Advantages and Disadvantages, Management Challenges
of SMEs. Managing the Business Growth. Students are also expected to submit a term paper on Entrepreneurship
from some selected areas of SMEs (Small and Medium Scale Enterprise) activities, operations etc.

EDS221 Entrepreneurial Development Studies IV (1 Unit)

Topics to be covered include the following: More on biographical studies of business thinkers, Entrepreneurs and
Management Giants in Nigeria, Africa and Europe. Theoretical Framework of Entrepreneurship, Feasibility studies,

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Marketing Management in Entrepreneurship, Impact of Modern Technologies on Entrepreneurial Ventures in
Developing Countries. The SMEs: Challenges and Prospects, Financing of SMEs in Nigeria. Planning, SMEs and
Capital Markets. Term paper on Entrepreneurship from some selected areas of SMEs (Small and Medium Scale
Enterprise) operations.

EDS311 Entrepreneurship Development Studies V (1 Unit)

Practical Side of Entrepreneurship (Part1). Objective: To expose the students to a greater depth in the practical
aspects of entrepreneurship, particularly the development of skills. The aim is to distinguish Landmark University
graduates from graduates of other institutions of higher learning.

Practicum: All students are sent to the entrepreneurial village in-groups for skill acquisition in different specialization
fields. Mini trade fairs will be organized where the students will display all their products. This program includes both
theoretical and practical aspects of entrepreneurship. Production and Quality control of entrepreneurship material
Management will be taught. These specialized fields include: tailoring, carpentry, millinery (hat making), mechanical,
catering, shoe making, interior decoration, software development, candle and soap making, fishery, farming, snail
rearing, poultry farming, piggery, textile development (tie & dye), cooking, paint manufacturing, photography, ice-
cream making, saloon and barbing etc.

EDS321 Entrepreneurship Development Studies VI (1 Unit)

Practical aspect of Entrepreneurship (part 2). Objective: To expose the students to a greater depth in the practical
aspects of entrepreneurship, particularly the development of skills. The aim is to distinguish Landmark University
graduated from graduates of other institutions of higher learning.

Practicum: All students are sent to the entrepreneurial village in-groups for skill acquisition in different specialization
fields. Mini trade fairs will be organized where the students will display all their products. This program includes both
theoretical and practical aspects of entrepreneurship. Production and Quality control of entrepreneurship material
Management will be taught. These specialized fields include: tailoring, carpentry, millinery (hat making), mechanical,
catering, shoe making, interior decoration, software development, candle and soap making, fishery, farming, snail
rearing, poultry farming, piggery, textile development (tie and dye), cooking, paint manufacturing, photography, ice-
cream making, saloon and barbing etc.

EDS411 Entrepreneurial Development Studies VII (1 Unit)

Issues in Entrepreneurship and Management of SMEs (Part 1). Objective: To expose the students to more issues in
entrepreneurship. Topics include the following: Various functions of Entrepreneurship – such as financing,
production, marketing and personnel management. Entrepreneurial succession, issues in succession: challenges
and prospects. Taking Entrepreneur to the stock market. International Entrepreneurship. Funding of Entrepreneurial
activities. Term paper on Entrepreneurship from some selected areas of SMEs (Small And Medium Scale Enterprise)
operations.

EDS421 Entrepreneurial Development Studies VIII (1 Unit)

Issues in Entrepreneurship and Management of SMEs (Part 2): Reviewing/appraising various strategies and skills
for:

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(i) Poverty Alleviation
(ii) Employment through SMEs
(iii) Entrepreneurial Environments: types, appraisal and contending with the environment in Nigeria,
Africa/Third World countries.

Incorporating the company: practical steps and issues involved, translating the four phases of business into reality
(Micro, Small, Medium and Large). A greater depth of the practical issues in launching, growing and harvesting of
entrepreneurial outfits. Issues involved in Partnership and Corporation Formation. Final Project presentation (On the
dream business) and feasibility studies on Entrepreneurship etc.

EDS511 Entrepreneurial Development Studies IX (1 Unit)

Who are entrepreneurs and what make them unique (personally, nationally, and internationally) in the development
process and historically; what role do they play in the society, nationally and internationally? Case studies;
Differentiate between entre- and intra-preneur; case studies; issues and challenges in starting a business in Nigeria
and abroad; the business plan; case studies; feasibility studies and business finance; case studies; issues in
business management; case studies; practicals

EDS521 Entrepreneurial Development Studies X (1 Unit)

This course is the continuation of EDS511.

EDS611 Entrepreneurial Development Studies XI (1 Unit)

Issues and challenges of entre and intra-preneurship; Critical study of case studies of entrepreneurs; issues and
challenges of starting a business in Nigeria and abroad; feasibility studies and business plans; Local and
international finance; venture capital and managing innovation and growth; case studies.

EDS621 Entrepreneurial Development Studies XII (1 Unit)

This course is the continuation of EDS611.

GST111 Communication in English I (2 Units)

At the end of the course, students should be able to: Organize their study time, Listen to lectures and effectively
manage lecture notes, Develop effective reading habits and increased reading speed, Apply effective methods of
summarizing reading materials, & Develop a wide range of vocabulary for a successful academic career.

Method of Teaching/Teaching Aids: Guided instructions, interactive sessions; group works/projects.

Overhead projector/slides will be used.

Module A: ELEMENTS OF STUDY SKILLS – Preparing for Academic Success, Tools and Facilities for Effective
Study, Challenges to Effective Study Habits.

Module B: LISTENING SKILLS/NOTE TAKING –Conditions for Effective Listening, The Nature of the Lecture,
Aspects of Effective Note taking.

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Module C: EFFECTIVE READING SKILLS –Overcoming Poor Reading Habits, Increasing the Speed of Reading,
Types of Reading Materials and Note-making, Understanding and Summarizing Reading Materials, Further Works on
Summarizing.

Module D: ASPECTS OF VOCABULARY DEVELOPMENT –Sources of English Vocabulary, Ways of Increasing the
Vocabulary, Revision and Examination.

GST121 Communication in English II (2 Units)

GST121 is a continuation of GST111. However, while GST111 concentrated on study skills, with emphasis on
reading and summary skills, GST121 will deal with Elements of English Grammar together with the processes of
written communication. It will also emphasize skills for eliciting information from simple literary text, as well as a
survey of the Nigerian and African literary tradition.

At the end of this course, students should be able to: demonstrate skill for effective communication in English in
different social contexts, develop adequate writing skills for academic purpose, and attain a reasonable level of
competence for the appreciation of literary texts.

Module A: Elements Of Grammar And Usage –A review of GST111 and an introduction to GST121, Elements of the
English Simple Sentence, Problems related to components of the sentence (parts of speech), Types and functions of
sentences, The paragraph: its structure and development

Module B: Process Of Written Communication –Essays, Mid-semester test, Letters, The mechanics of writing.

Module C: Introduction To Technical Writing –Proposals, Reports, Module D: Aspects Of Literature –An overview of
African and Nigerian Literature, Aspects of Literary Appreciation and A study of selected literary texts.

GST122 Communication in French (2 Units)

The course is designed to enable students to acquire basic conversational/speaking and writing skills. Attention will
therefore be focused on the basic grammatical structure and relevant items of vocabulary (lexical items) of the
language. The course will be essentially oral but there will also be (reading) comprehension composition (writing)
exercises.

Module A: Essentials of the French Language, Pronunciation versus spelling/orthography, pronunciation and
recognition of French sounds, Greetings and introducing self.

Module B: Meeting people and introducing them, Describing people: Professions and nationalities, Describing self:
family and school, Telling age: days of the week and month of the year, Describing places: countries and
cities/towns, Mid-semesters Examination.

Module C: Making request, Making travel arrangements, Departure and arrival at destination, Ordering a meal in a
restaurant, Shopping for clothes and other items, Banking transaction of visitor tourist, Revision, and (End of
Semester) Examinations.

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GST211 Philosophy, Logic and Human Existence (2 Units)

The Benefits of the Course include the following: An insight into the search for self-understanding, An unquenchable
thirst for the love and pursuit of wisdom, An encouragement for the inquisitive minds to seek answers to the question
concerning human existence, and the search for the fundamental beliefs that are rationally justified.

Course Description: Background, Nature and definitions of philosophy. History of Ancient philosophy, History of
Medieval philosophy, History of Modern philosophy, African philosophy. Revision and Mid-semester examinations.
The Nature of Logic, The Nature of Argument, Laws of Thoughts, Truth-tables, Venn Diagrams, Fallacies. The
Question of Life, Purpose and Death. Freewill and Determinism. Existentialism and Humanism.

GST221 Nigerian Peoples and Culture (2 Units)

The concept of culture. Study of Nigerian history, culture and arts in pre-colonial times. Social beliefs and the
Nigerian’s perception of his world. Culture areas of Nigeria and their characteristics. Evolution of Nigeria as political
unit. Indigene/settler phenomenon. Concepts of trade, economic self-reliance and social justice. Individual and
national development, norms and values. Negative attitudes and conducts (cultism and related vices). Re-orientation
of moral and national values as well as moral obligations of citizens. Environmental problems.

GST222 Peace And Conflict Studies (2 Units)

The concept of conflict: Definitions, Constructive and Destructive angles to understand conflict. The causes of
conflict: Contradicting value systems, Competition for scarce resources, Psychological needs of people, Perception
(self, others, circumstances, interests), Manipulations of information. Conflict Handling Styles: Avoidance,
Confrontation, Role-Playing, Third-Party decision-making, Joint-Problem Solving, Compromising. The life angle of
conflict: From Organization-transformation. The concept of peace: Definition of concept; Peace-making, Peace-
keeping. Power and conflict: Types of power - Expert power, Referent power, Legitimate power, Reward power,
Coercive power.

GST311 History and Philosophy of Science (2 Units)

The focus of this course shall be in the discipline of science, which at present, is held in high esteem as the greatest
agent of development in the 21st century. This course is a survey of the philosophical foundation of science. Major
topical issues in Philosophy of science will be treated. It will begin with a brief account of the role of metaphysics in
scientific explanation, and determinism in the sciences. The student shall therefore be expected to, among other
things, examine the main areas of philosophy; the meaning and characteristics of science, explanations in science,
its objectives, methods, laws and theories with the view to justifying or debunking the superiority that has been
accorded to the discipline of science over other discipline, that is where this becomes necessary. The course will
also treat the philosophical thoughts of thinkers like Karl Popper, Copernicus, Newton and Fereyarband.

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TMC111 Total Man Concept I (1 Unit)

Introduction to Total man Concept (Part 1). This course provides explanatory constructs for TMC as a course of study
in understanding life and development of a total man. It provides a basic introduction to the fundamental aspects of
the Total Man Concept, exploring life from the biblical, philosophical and experiential perspectives. It also sets out to
explore the purpose and pursuit of life with a view to identifying the foundational anchors of life, the place of visions,
dreams, goals and the foundational principles for making the most of life.

TMC112 Total Man Concept – Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC121 Total Man Concept II (1 Unit)

Introduction to Total man Concept (Part 2).This course focuses on the exploration of self as it relates to self-
discovery and the context of the changing life course and stages. It attempts to help students have some
understanding of who they are in relation to God and the context of human systems. The spiritual, physical,
psychological, cultural and ecological dimensions of self and the development of positive self-image, self-esteem and
self-actualization parameters are also explored.

Farming methods, Basic principles of agricultural production, Ancient and modern agricultural management practices,
roles of agriculture in Nigerian economy, Issues on the sustainability of agricultural development and food security,
Analytical study of government policies (past and present) in relation to economic agricultural problems in Nigeria
and other developing countries, Organic agriculture, examples of professional agriculturists.

TMC122 Total Man Concept – Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC211 Total Man Concept III (1 Unit)

Self-Development Paradigms. The focus of this course is on the identification of building blocks of self-development
in the context of personal visions, mission and personal capacity building. Major self-motivational blocks, the power
and place of focus, the place of the human thought process and how to enhance thinking and reasoning for creativity

TMC212 Total Man Concept – Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC221 Total Man Concept IV (1 Unit)

Success Parameters. Understanding success, personal profile building and biographical analysis of some success
giants forms the emphasis of this course. The role of wisdom in the context of success is explored along the lines of
understanding, building and communicating wisdom. In addition, the place of self-identity building is explored
alongside with a focus on identifying personal measures and inches of self-worth and self-appreciation in the context
of success.

TMC222 Total Man Concept – Sports (0 Unit)

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The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC311 Total Man concept V (1 Unit)

Man in Society (Part 1). This course examines Man in different environmental contexts – the biblical, biological,
cultural and ecological. The emphasis here is the civic and social responsibilities of man in society and the
expectations of community living. The place of social relationships, diversity, issues of difference, conflict, family
issues are explored looking at God’s mandate and current trends and challenges.

TMC312 Total Man Concept - Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC321 Total Man Concept VI (1 Unit)

Man in Society (Part 2).This course follows directly from TMC 311 and provides a further exploration of man and his
specific civic, social and ecological and family responsibilities. The place of global trends, community service and
family responsibilities vis-à-vis preparation for life in society and family context are explored closely. Focus will also
be given to the demands of preparing for the context of the work place, job interviews and demands of world of work.

TMC322 Total Man Concept - Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC411 Total Man Concept VII (1 Unit)

Leadership Development (Part 1). This course examines the building blocks for leadership development in the
context of providing an overview of the broad dimensions of leadership. The course also explores the enhancement
of leadership traits and how power and influence qualifies the dynamics of leadership.

TMC412 Total Man Concept - Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC421 Total Man Concept VIII (1 Unit)

Leadership Development (Part 2). This is a continuation of TMC411. This second part of the course on leadership
development examines the biographical details and leadership traits or styles of some biblical and historical figures
and identifies some specific lessons for developing leadership traits and sensitivity. Specific character studies will
examine the leadership style of Jesus, Moses, Joshua, Gideon, Alexander the Great, Nelson Mandela, Nnamdi
Azikwe etc.

TMC422 Total Man Concept - Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC511 Total Man Concept IX (1 Unit)

Profile Building (Part 1).The emphasis of this course is on experiential learning and it involves pulling together the
main stands of TMC from 1st year to 4th Year. It will introduce a personal dimension by exploring the idea of service

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from a student centered learning perspective. There will be practical exercises, workshop, projects, and journal
keeping and detailed character study.

TMC512 Total Man Concept - Sports (0 Unit)

The focus of TMC - sports is the physical fitness of man. It involves Games, Sports and Athletics.

TMC521 Total Man Concept X (1 Unit)

Profile Building (Part 2).This course follows directly from TMC511 and continuous to explore the personal
connections students have made with TMC as a course of study via practical exercises on the specific themes that
are addressed in the course of the lecture. The question and discourse emanating from this exercise will enable
students to develop their own perspective to the issues of life.

TMC522 Total Man Concept - Sports (0 Unit)

FMP 111 – 1 Unit- Introduction to Crop Agriculture

The principles, problem and prospect of crop production. Importance of crop rotation, cultural practices and soil
conservation, Irrigation, Irrigation and drainage. General types and characteristics of arthropods, micro-organisms
and other pests affecting crops. Weeds and their effects on crop production, pests, diseases and weed control.
Basic, Mendelian genetics, Principles of crop production, harvesting, processing and storage.

FMP 121 – 1 Unit – Introduction to Animal Agriculture

Livestock and poultry breeds and distribution in Nigeria. Livestock management system including nutrition, feeding,
housing, disease control and general management. Introduction to Animal breeding and development of improved
breeds of animals. Effects of climate on animal and forage production. Introduction to animal health and diseases.
Introduction to livestock products and by-products.

FMP 211 – 1 Unit – General Horticulture and Plantation Crops

Hands-on experience in the production of vegetables, fruits, flowers and permanent crops like Cocoa, Cashew,
Oil palm and other tree crops. Practical work will include nursery establishment, transplanting and management
practices.

FMP 221 – 1 Unit – Poultry and Swine Production

Hands-on experience in the production of broilers and laying hens as well as swine production and management.
Students will participate in the brooding of chickens and the management of pigs.

FMP 311 – 1 Unit – Arable Crops Production

Hands-on experience in the cultivation, production, harvesting, utilization, processing, storage and marketing of
arable crops such as maize, sorghum, soya beans, cassava, groundnut.

FMP 321 – 1 Unit – Rabbit and Micro-Livestock Production

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Hands-on experience in the raising, production, feeding and management of rabbits, guinea pigs, grasscutters, snails
and other micro livestock species.

FMP 411 – 1 Unit – Ruminant Animal Production

Hands-on experience in the raising, production, feeding and management of goats, sheep and cattle. Disease and
health management of these animals will be emphasized.

FMP 421 – 1 Unit – Fish Production and General Aquaculture

Hands-on experience in the raising, production, feeding and management of different types of fish in production
systems such as carten ponds, concrete ponds, fibre glass ponds and complete recirculatory system of production.

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FACILITIES DEVELOPMENT IN THE DEPARTMENT
DEPARTMENTAL LIBRARY
The department of Accounting & Finance has its shelves in the general library which holds
books for our programme. The department does not have a separate library. However we
have enough books and journals to satisfy the needs of both staff and students and we
continue to build on our stock for future developments. We also have assets to several
national and international journals books and soft copies on accountancy and banking and
finance field.

COMPUTER FACILITIES
We also share the General computer lab with other departments\ Colleges. We have a
separate Computer Lab. The present computer facilities are quite adequate for our needs.
We however are working on the acquisition of sage 50 software for the use of our
Accounting students. Banking & Finance students can also benefit from this.

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ORGANIZATIONAL CHART OF THE DEPARTMENT OF ACCOUNTING AND
FINANCE

HEAD OF DEPARTMENT

ADMINISTRATIVE SECRETARY DEPARTMENTAL BOARD

ADMINISTRATIVE ACADEMIC COMMITTEE

COMMITTEE

GENERAL ADMIN

DEPARTMENT BOARD OF
EXAMINERS
EXAMINATION
COMMITTEE

DEPARTMENTAL & RESEARCH & DEVELOPMENT

STUDENTS RECORDS COORDINATOR

STAFF WELFARE
COMMITTEE

INDUSTRIAL ATTACHMENT
ADVISER
STAFF MATTERS &
SECRETARIAT DUTIES SPACE & TIME TABLE
COMMITTEE

INNOVATION & CREATIVITY

COORDINATOR

DISCIPLINARY
COMMITTEE

STUDENT ACADEMIC LEVEL

ADVISER

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PERSONNEL ADMINISTRATION

There is an Administration Officer serving the Department. He attends to general

secretarial Administrative duties and reports to the HOD. He is available to assist
students, staff on strictly administrative matters.

STUDENT WELFARE

Students are well cared for in all areas of life, The University encourages interaction that
will add value in all sectors, Socially, Spiritually and Academically. Health facilities are on
campus and the cafeteria is quite functional to satisfy student’s daily requirements. There is
also adequate water supply and Electricity. There is a concept of loco parentis i.e. treating
each student as your biological children .The student associations are also encourage.

ACADEMIC ATMOSPHERE

The academic atmosphere in the University is quite conducive for learning. The environment
is quite severe and devoid of distractions. Well stocked library. Good electricity backed by
reliable generator as a matter of fact, the University can boast of constant electricity 24/7, to
encourage students and lecturers to read and conduct research at anytime. We have College
and Departmental Seminars where members of the department present their research papers
from time to time.

COURSE LEVEL ADVISER:

Course advisers for each level are always available to advise students on course registrations
and guide them on general academic issues.

MEDICAL SERVICE

There is an ultra-modern and equipped Medical Centre to attend to students and staff on
medical issues 24/7 in the Campus. There are well qualified doctors and nurses on ground all
the time.

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CURRENT STAFF LIST:
The staff in the Department of Accounting and Finance are as follows:
Dr M. A. Ajayi
BSc MBA, MSc PhD
Senior Lecturer &
Head of the Department

Professor J. A. Oloyede
B.Sc., M.Sc., Ph.D., FICAN,
MNIM, MNIFA, MNES, MNSFR
Professor of Banking and Finance

Dr. Tony Ikechukwu Nwanji

BA (Hons), MA, MBA, MEd, DPFM, PhD,
FCMI, FCIM, FBCS, FCIS, FCEA, FFA
Associate Professor of Accounting

Dr Franas Iyoha
BSc (Hons), MSc, PhD ACA
Associate Professor of Accounting

Dr Obamuyi T. Mashal
BSc (Hons), MSc, PhD
Associate Professor of Accounting

Dr Mukoro Dick
BSc (Hons), MSc, PhD
Associate Professor of Accounting

Dr Uwuigbe Uwalomwa
BSc (Hons), MSc, MBA, PhD
Senior Lecturer

Dr. Ijaiya M. Adeniyi

BSc (Hons), MSc, PhD
Senior Lecturer

Dr. Oludoyi S. Bayode

BSc (Hons), MSc, PhD
Senior Lecturer

Dr. Stephen O. Adeusi

BSc (Hons), MSc, PhD
Senior Lecturer

Dr. Ojo S. Akinmulegun

BSc (Hons), MSc, PhD
Senior Lecturer

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Dr. Charles A. Jegede
BSc (Hons), MSc, PhD
Senior Lecturer

Dr. Matins Ifedayo Oloye

MSc, PhD, FCIB
Lecturer I in Banking & Finance

Dr Frank D. Awonusi
BA (Hons), MSc, PhD, FCMI, FCEA, PGCE
Lecturer 1 in Accounting

Mr. Otekunrin Adegbola

BSc(Hons), MSc, ACA, PhD(in View)
Lecturer I in Accounting

Dr. Abdullah Ibrahim

BSc (Hons), MSc, PhD
Lecturer I in Banking and Finance

Dr. Kasumn Abubakar S.

BSc (Hons), MSc, PhD, ACA
Lecturer I in Accounting

Dr (Mrs) Osemene Olubunmi

BSc (Hons), MSc, PhD, ACA
Lecturer I in Accounting

Mr. Lawal Adedoyin

BSc(Hons), MBF, PhD(in View)
Lecturer II in Banking & Finance

Mr. Ajayi Abiodun

BSc(Hons), MSc
Assistant Lecturer in Banking & Finance

Mr. Oladipo Olufemi

BSc (Hons), MSc, PhD (in View)
Assistant Lecturer in Accounting

Mr. Obadiaru David

BSc(Hons), MSc
Assistant Lecturer in Banking & Finance

Eyis Solomon
OND, HND
Departmental officer

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STAFF RESEARCH INTERESTS:

The research interests of members of the faculty are quite diverse and covers areas of:

v Financial Accounting,
v Management Accounting,
v Financial Management,
v International Accounting,
v Auditing and Investigation,
v Financial Performances,
v Finance,
v Banking,
v Leadership and Governance
v Corporate Governance,
v Corporate Finance,
v Business Ethics,
v Corporate Social Responsibility, (CSR)
v Grounded Theory Methodology
v Taxation
v Strategic Management
v Volatility and Quantitative Analysis

Staff articles are published in academic Journals; National and International and members of
staff present their research papers at local and International conferences. A number of
textbooks in Accounting have been published by faculty members.

Presently five of our full-time lecturers are pursuing their PhD programmes at various
Universities and their research programmes covers areas of accounting and finance. Well
researched papers are presented periodically at College and Departmental seminars

REGULATION GOVERNING FIRST DEGREE PROGRAMMES

EXAMINATION

Landmark University operates a course Unit Credit System of academic programming as

done in all Nigerian Universities. Students will register for and take lectures in a number
of courses during each semester and are examined in these courses at the end of the
semester. The University operates, in addition, a system of continuous assessment of the
student through assignments and Mid- semester Examinations, All designed to ensure a
better training for students and produce a better and more comprehensive assessment of

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 their capabilities. End of semester examinations are held after fifteen weeks of lecturing
in the particular semester.

CONTINUOUS EVALUATION

There will be continuous assessment during the semesters. This will take the form of
periodic tests, Assignments and mid- semester Examination which will all total 30% of the
semester aggregate marks. Students are therefore required to attend all lectures as tests can
be given at any time.

REGISTRATION AND WITHDRAWAL FROM COURSES

Students are expected to register for courses at the beginning of each semester in accordance
with graduation requirements/ Load Units, No student shall be allowed to withdraw from
courses already registered for without the formal approval by the Dean

ASSESSING SWEPS / SIWES

Student on SWEP programme will be supervised by lectures allocated to this assignment,

and students are expected to render reports at the end of such programmes for assessment
and grading

GRADING SYSTEM

Marks Letter Grade Graded Point

70% - 100% A 5.0
60% - 69% B 4.0
50% - 59% C 3.0
45% - 49% D 2.0
44% F 0.0

ACADEMIC STANDING
Students are encouraged to check their academic standing from time to time especially
after each semester examination to confirm their Cumulative Grade point (CGP)

CLASS OF DEGREE
The University expects top class performance by student. The class of degree are
however as follows:

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 First Class Honours 4.50 – 5.00
Second Class Upper Division 3.50 – 4.49
Second Class Lower Division 2.40 – 3.49
Third Class Honours 1.50- 2.39

ORGANIZATION OF EXAMINATIONS

SEMSETER EXAMINATION:

There shall be Examination at the end of each semester to test students’ knowledge in all
courses which will carry 70%. This is in addition to CA which carry 30%

EXAMINATION ENTRIES AND TIME TABLE

Students are expected to register for all courses on the curriculum. The examination
committee shall draw up an exam Time Table to guide the conduct of exams

Withdrawal of Exam Entries: - No students will be allowed to withdraw from Exams

except on health grounds and this shall be supported by a Medical certificate

Examination Venue:- The venue for all Examinations shall be within the University
Campus and at the respective rooms allocated in accordance with the exam Time table.

Medical Attention During Examination: - Standard vehicle. There shall be adequate

medical facilities on ground at exam venues.

Invigilation: - Invigilators are assigned to each room where exams are to be conducted
and students are to comport themselves and obey all instructions from the invigilators.

EXAMINATION OFFENCES: -

Absence from Examination: - No student is allowed to absent himself / herself from

examinations except on health grounds which shall be supported by medical certificate.

The Conduct of Examination: - The conduct of examination shall be in accordance with

the time-table

Question Papers: - See Exam Handbook page 7(2.4)

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 Answer Scripts: - All answer scripts shall be collected and kept with HOD from where
examiners will collect for marking. All marked script with scores sheet returned to the
HODs after marking.

Board of Examiners: Board of the examiners is a statutory body compromising all full
time Lecturers and Adjunct Lecturers engaged in teaching and research in a college or
Department.

STANDING COMMITTEES OF THE DEPARTMENT

DEPARTMENT BOARD COMMITTEE:

Each committee shall hold departmental board meetings periodically in accordance with the
University calendar. The board is constituted by the full time staff of the department

RESEARCH COMMITTEE:
Standing Committee to take care of research function, other committees and Officers are
appointed in the Department as and when such needs arise, such Committees and officers
include:

WELFARE COMMITTEE

Admission Officer

SWEP / SIWEES Officer

Examination/Time Table Officer

Central Workshop Representative

The End
Reviewed: December 2013

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