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Introduction

The Bachelor of Science in Applied Statistics (Financial Statistics) programme is aimed at training students at the degree level with skill of collecting, analysing, interpreting and managing financial data to draw appropriate conclusions on financial issues such as microfinance, insurance, stock market and gross domestic product hampering the development of the economy.

Objectives

The objectives are for the learners to have the ability to:

  1. Equip students with conceptual and theoretical knowledge in Statistics as it relates to the Finance;
  2. Equip students with analytical and practical skills in handling real world financial problems;
  3. Train students to acquire ethical and professional skills in the realm of financial statistics;  
  4. Introduce students to conduct research into financial challenges and emerging issues in finance;
  5. Provide students avenue to further education in financial statistics.

Job Opportunities

Successful graduates from the BSc Applied Statistics (Financial Statistics) programme will be able to take jobs in:

  • Commercial Banks
  • Insurance firms
  • Ministry of Finance and Economic Planning
  • Bank of Ghana
  • National Health Insurance Authority
  • Ghana Stock Exchange
  • Savings & Loans firms 
  • Microfinance companies
  • Ghana Statistical Service 
  • Manufacturing Firms 

 

Entry Requirements for Admission of Students:

To be admitted into BSc Applied Statistics (Financial Statistics) programme, a candidate must, satisfy the minimum University and the Department of Statistical Sciences entry requirements.

  1. SSSCE Applicants Holders who have credit passes (A-D) in the following three (3) core subjects: English Language, Mathematics and Integrated Science plus credits (A-D) in three elective subjects with an aggregate score of 24 or better in the relevant area of study

(Including Agricultural Science or General Science or General Arts with Geography and Economics options or Business with Elective Mathematics option). 

  1. WASSCE Applicants Holders who have credit passes (A1-C6) in the following three (3) core subjects: English Language, Mathematics and Integrated Science plus credits (A1C6) in three elective subjects with an aggregate score of 24 or better in the relevant area of study (including Agricultural Science or General Science or General Arts with Geography and Economics options or Business with Elective Mathematics option). 
  2. GCE “O” and “A” Level Applicants Holders with credits in at least five (5) subjects at the GCE 'O' Level (or its equivalent) including English Language and Mathematics, plus at Three (3) passes in the relevant subjects at the Advanced Level obtained in five (5) years and above. 
  3. HND and Diploma Applicants 
  1. HND Applicant must have graduated with a good HND certificate (at least, Second-Class Lower Division) in Statistics will be admitted to third year (i.e. 5th Semester). 
  2. Other Diploma Qualifications relevant to the programme may also be considered and be admitted to second year (i.e., 3rd Semester). 
  1. Mature Applicants must be 25 years old with legitimate documentary proof which is at least five (5) years old at the time of application, must pass Mature Students’ Entrance Examinations conducted by KsTU, may have to attend and pass an interview. Evidence of working experience will be an added advantage.
  2. Foreign Applicants Academic records of foreign applicants will be referred to GTEC for the determination of qualification equivalence and eligibility for admission as well as placement.

 

YEAR 1, SEMESTER 2

Course Code

Courses

Theory

Practical

Credit

BSTA  101

Elements of Mathematics 

3

0

3

BSTA  103

Statistical Methods I

3

1

3

BSTA  105

Probability Theory

3

0

3

BFS  119

Introduction to Economic Theory

3

0

3

BCLT  101

Computer Literacy I

2

1

2

BCOS  101

Communication Skills I

2

0

2

BAFS  100

African Studies I

0

0

0

 Total

16

2

16

 

YEAR 1, SEMESTER 2

Course Code

Courses

Theory

Practical

Credit

BSTA 102

Calculus

3

0

3

BSTA 104

Statistical Methods II

3

1

3

BSTA 106

Probability Distributions

3

0

3

BSFS 130

Introduction to Macroeconomics Theory

3

0

3

BCLT 102

Computer Literacy II

2

1

2

BCOS 102

Communication Skills II

2

1

2

BAFS  100

African Studies II

2

1

2

 Total

18

4

18

 

YEAR 2, SEMESTER 1

Course Code

Courses

Theory

Practical

Credit

BSTA 201

Statistical Inference

3

1

3

BSTA 203

Sampling Techniques

3

1

3

BSTA 205

Introduction to Statistical Computing I

2

2

3

BSTA 207

Design and Analysis of Experiments I

2

2

3

BSTA 209

Statistical Theory

3

1

3

BSTA 231

Differential Equations 

3

0

3

 Total

16

7

18

 

YEAR 2, SEMESTER 2

Course Code

Courses

Theory

Practical

Credit

BSTA 202

Design and Analysis of Experiments II

3

1

3

BSTA 204

Sample Survey

3

1

3

BSTA 206

Statistical Computing II

2

2

3

BSTA 208

Nonparametric Methods

3

1

3

BSTA 240

Matrix Algebra 

3

0

3

Total

14

5

15

 

YEAR 3, SEMESTER1

Course Code

Course Title

Theory

Practical

Credit

BSTA 301

Official Statistics I

2

2

3

BSTA 303

Regression Analysis

2

2

3

BSTA 305

Multivariate Data Analysis 

2

2

3

BSFS 319

Intermediate Micro Economics

3

1

3

BSFS 335

Research Methodology

2

2

3

BENT 323

Entrepreneurship and Venture Creation

3

0

3

Total

 

14

9

18

 

YEAR 3, SEMESTER 2

Course Code

Courses Title

Theory

Practical

Credit

BSTA 302

Stochastic Processes

2

2

3

BSTA 304

Time Series Analysis

2

2

3

BSTA 306

Official Statistics II

3

1

3

BSFS 328

Intermediate Macro Economics 

3

1

3

BSFS 330

Introduction to Life Insurance

3

1

3

BSFS 332

Introduction to Financial Economics

3

1

3

Total

 

16

8

18

 

YEAR 4, SEMESTER1

Course Code

Courses Title

Theory

Practical

Credit

BSFS 401

Financial Mathematics

3

1

3

BSFS 411

Financial Accounting 

3

1

3

BSFS 413

Financial Modelling

2

2

3

BSFS 415

Portfolio Optimisation

2

2

3

BSFS 417

Non-Life Insurance

3

1

3

FAST 419

Basic Programming

2

2

3

Total

 

13

20

18

 

YEAR 4, SEMESTER 2

Course Code

Courses Title

Theory

Practical

Credit

BSFS 422

Financial Statement Analysis and Reporting

3

1

3

BSFS 424

Introduction to Behavioural Finance

3

1

3

BSFS 426

Financial Investment 

3

1

3

BSFS 428

Computational Finance

2

2

3

BSFS 400

Final Project Work

0

12

6

Total

 

11

17

18

Programme Duration

Programme Category

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