Banking & finance as a course is outdated. Most universities now do Accounting & finance, Economics & finance or just finance. Its better to study linguistics than B&F cos bank will train you to do the banking job.

Banking and Finance is good when you get professional certifications to it. But why not go for Economics which has a wider opportunities after graduation.

DenreleDave:



You will study banking and finance and get to the bank to see that a chemical engineering graduate is attending to you


Seanwilli.am can testify..

lol . whatever course u study , make sure you sabi share percent

Mr OP
What matters in Nigeria today is connection or Gods favour. With finance and banking degree you can work anywhere provided the company has finance,admin,procurement or any commercial department which no organisation including hospital does not have. If you play your card well you can employ and pay anybody salary including the overated medical doctors and law graduates.
Study hard and ask for favour from God and leave the rest my dear. All the best

chinavs9ja:


The above smiley tells alot about your question. Only the wise one will understand

Quick note: Any course you will study in Nigeria, don't depend solely on it to be the base of your success.

I am a professional website developer and designer check my signature..

Can I see ur portfolio

Ok

DenreleDave:



You will study banking and finance and get to the bank to see that a chemical engineering graduate is attending to you

I dey tell u....one of the most useless course in the university

sonymax16:

I dey tell u....one of the most useless course in the university

Walai na the course I study ooo..

In university of Ilorin, it's B.Sc finance, not banking and finance. LOL. And I laugh in Swahili when i see ignorant people here talking Bank as if it's only commercial Bank that exists as a Bank.

Finance deals more with investment and raising of funds for companies, than solely of banking. Nevertheless banking is a branch of Finance.

In Nigeria, opportunities abounds as a financial analysts. You're a hot cake for investment banking and the finance sectors of corporations, not just banks like the ignorant folks are yapping up there. LOL. Every firm and corporations needs an analysts to analyse their external investments, their own stocks and help them in the process of raising funds.

You should call someone that studied Yoruba or chemical engineering to do all these if your corporation will not crumble. Lmao

tolaade1960:
Banking and Finance is good when you get professional certifications to it. But why not go for Economics which has a wider opportunities after graduation.

My dear forget it. Finance is more marketable in the market today compared to economics. Econs is only good on the classroom because of the way is overated but if you come to the labour market finance has more chances of securing a job than econs.

oluwaahmed:
Banking & finance as a course is outdated. Most universities now do Accounting & finance, Economics & finance or just finance. Its better to study linguistics than B&F cos bank will train you to do the banking job.

Exactly!

Pro; u become slavery worker in the industry.
Con; u may never work in a BANK.. BUT LIVE ON IG with SKITS or become PLUG fr fashion or car sales.

Myopic reasoning.

In advance courses like MBA , finance specialization is the hottest cake .

Finance management is one of the bomb courses to study, and investment banker is reserved mostly for people with finance degree .

The tellers you see are not even doing banking , I think the mistake university are doing is still keeping the name “banking “ it should just be finance management department

377:


My dear forget it. Finance is more marketable in the market today compared to economics. Econs is only good on the classroom because of the way is overated but if you come to the labour market finance has more chances of securing a job than econs.

. But in all honesty, I prefer Economics to that Banking and Finance.

I prefer Economics and Business Administration. I think they're more flexible to adapt to different areas

No too much wahala,just that you bank your own money...

You are restricting yourself to banking and insurance and getting a job in the bank is not even certain. Government agencies dont considèr them for recruitement. My collèague who studied it was advised to write ANAN or ICAN for career progression or remain stuck on one grade level. She rushed and did ANAN.

OP you can use this!

KazikageSama:



This is Nigeria, there are NO useless courses (absolutely none). Just make sure you get the best grades (1st class or 2:1). Choose any course where you can make your best grade.

Someone that studied language and graduated with 1st class stands a better chance of getting a good job at a corporate organization job than someone who studied Accounting and graduated with a 2:2.

Your course is mostly insignificant in Naija (except for specialized professionals like Medicine, law e.t.c.) but your grade is VERY important.

I studied banking and Finance. Though i am fortunate to work in the financial industry but would admonish you to go for accounting instead of banking and finance. Studying banking and finance is like restricting your prospect to get a good.

juman:
If I could reverse time, I would go and study something like physical education or theater art or history etc.

I would then go for masters and doctorate.

why would you make such decisions?

After studying, try and sit for the cibn examinations.

BigBelleControl:
Banking and Finance, just like Business Administration is not a professional course. Studying it does not guarantee you working in a bank unlike courses like Accounting, Law, Medicine or even Engineering. Anybody with any discipline can work in a bank because some trainings would still be done.

However, you can study the course for the knowledge and you might be lucky to get a banking job with it. But it's not a guarantee

Meaningful input. I will only advise rather than Banking and Finance, a more general course that will lead in the same direction is Business Administration. It has aspects of Banking et al as part of the course work.

seuneniola:
I studied banking and Finance. Though i am fortunate to work in the financial industry but would admonish you to go for accounting instead of banking and finance. Studying banking and finance is like restricting your prospect to get a good.

Very well articulated.

Lanretoye:
The pros is banking,the cons is finance.

Dont waste your time.

Banking and finance became useless the moment they opened it up to everyone whether u studied banking or not.

The funny thing same procedures u need to get a job is same people from all d way from engineering need to get job.

They can't even say if u studied banking u don't need ican or acca, an engineer with ican has more hopes than u

ayandee:
You are restricting yourself to banking and insurance and getting a job in the bank is not even certain. Government agencies dont considèr them for recruitement. My collèague who studied it was advised to write ANAN or ICAN for career progression or remain stuck on one grade level. She rushed and did ANAN.

Even if your accounting graduate you will still do your ICAN or ANAN to get to level 9 so what are you talking about. a graduate of finance with ICAN will be considered first before a graduate of bsc accounting only. To the best of my knowledge i prefer finance to economics as a course.

obawinner:
why would you make such decisions?

The reason is I would not have disturbed myself on chemistry, physics, looking for "high rated" courses like engineering or medicine etc.

Look, if you have doctorate in any course, you are high rated person.

Even if one decide to stop after first degree it is well and good. One could do other things with his life than repeatedly taking JAMB to get high scores.

Dreadlock69:
Is Banking and finance a lucrative course?

What are the pros and cons while studying in college?

What are the challenges someone will encounter?

First of all, I studied banking and finance and I was among the best in a class of about 300. I have also worked with a bank before, therefore I have practical experience of what it's like being a graduate of banking and finance in Nigeria. Having said these, I am advising you not to study banking and finance, considering the present and foreseeable future of Nigerian banks, a place that should have been the primary work place for graduates of banking and financial.
If you have access to information of all Nigerian bank staffs today, you will be shocked to know that not up to 20 percent of the entire workforce in the banking sector have their background in banking. The entry level is so relaxed that it favours non graduates of banking and finance than graduate of banking and finance. This people are employed into the banking system at the entry level with no knowledge or little knowledge(from borrowed courses) in banking, as they grow in the industry, they enrolled in banking and finance courses. In fact, accounting, marketing and Business management graduates are more favoured in banking industry employment exercise than those coming purely from the banking department of the higher institutions.
Now here is the worst of it all, once you are unable to secure a job in a bank as a graduate of banking and finance, it becomes difficult to secure one elsewhere. Mind you, we are looking at a scenario where you don't have Abraham as father in any company. Just create a mental picture of you standing before a team of interviewers from Unilever plc, Air peace, Dangote group, PZ, Chi limited, Nigeria breweries etc. and you say you study banking and finance. The first few things that will come into their minds are, is he going to market our products, is he going to help build our business or is he going to manager it? The answer is no, then they will think, ohh he can be helpful in the accounting department yes but that means the best you can be is second in command or even third but the best to be hired is the one that can dream to become the first in command in his department without any hindrance.
If you are lucky to be employed in the banking sector, you will have to pray to get into a reasonable position where you can earn enough to have reserve to take care of your future because if you are unfortunately to have your job terminated half way, life may be difficult for you because in all your years within the banking hall, your knowledge is restricted to cash especially if you are in the operation unit. It may be difficult for you to start any business because you do not have such idea unlike when you work in an open business environment that enabled you to occasionally see, borrow or learn what some people are doing in their business which may later become beneficial to you in the future.

However you can be employed into the pension firms, insurance etc but these forms still have a long way to go in Nigeria.

Rubbish course

Pro is you will be able to manage your own finances. Con are you may not find a big company to work for, for a long time and that means you may have little cash to manage for yourself.