Business & Actuarial Studies
Finance and Economics
Finance and Economics combines the study of how economies function at a macro and micro level with the practical management of money, investments, and financial institutions. Students learn to analyze market trends, evaluate financial risks, and make strategic decisions that drive business and economic growth.
Program objectives
- 01Understand microeconomic and macroeconomic principles and their impact on business.
- 02Learn to analyze financial statements, manage portfolios, and assess investment risks.
- 03Develop skills in econometric modeling and financial data analysis.
- 04Understand the regulatory and ethical frameworks governing financial markets.
Why choose this program
High earning potential
Roles in finance and economic analysis are consistently among the highest-paying in the business sector.
Versatile skill set
The combination of broad economic understanding and specific financial skills makes you valuable to many types of organizations.
Strategic decision-making
You will learn to see the 'big picture' of markets while mastering the details of financial management.
Skills you'll build
- Financial modeling
- Econometric analysis
- Investment appraisal
- Risk management
- Analytical thinking
- Attention to detail
- Strategic planning
- Communication of complex data
Tools & software
- Excel (Advanced)
- Statistical software (e.g., Stata, R)
- Bloomberg Terminal (if available)
- Financial accounting software
Challenges to expect
Academic
- Advanced econometrics and quantitative finance courses can be mathematically rigorous.
Technical
- Financial markets are volatile; models that work in theory may fail in unpredictable real-world conditions.
Personal
- High-pressure environments in finance can lead to long hours and stress.
Tips from the field
- Master Excel and at least one statistical programming language (like R or Python); these are non-negotiable skills in modern finance.
- Follow financial news daily to understand how global events impact markets and economic indicators.
- Seek internships in banks, investment firms, or economic research institutions to build your professional network.
Career paths
- Financial Analyst
- Economic Researcher
- Investment Banker
- Risk Manager
- Corporate Finance Manager
Where you can study this
| Name | Latest cutoff | Tuition (annual) |
|---|---|---|
| University for Development StudiesBSc | — | GHS 1,800–3,800 |
| Ghana Institute of Management and Public AdministrationBSc, MBA, MSc | — | — |
| Wisconsin International University CollegeBSc | — | GHS 3,400–3,750 |
FAQs
Is this the same as a pure Economics degree?+
No. Pure economics focuses heavily on theory, policy, and broad market forces. This program adds a strong, practical layer of corporate finance, investment, and financial management.
Do I need to be good at maths?+
Yes, a solid foundation in calculus and statistics is essential, especially for econometrics and financial modeling.
Can I work in a bank with this degree?+
Yes, this is one of the most direct pathways to roles in commercial banking, investment banking, and financial analysis.
Will I learn about the stock market?+
Yes, investment analysis, portfolio management, and understanding capital markets are core components of the finance curriculum.
Is this degree useful for starting a business?+
Absolutely. Understanding both the broader economic environment and how to manage a company's finances is invaluable for any entrepreneur.
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