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:
- Equip students with conceptual and theoretical knowledge in Statistics as it relates to the Finance;
- Equip students with analytical and practical skills in handling real world financial problems;
- Train students to acquire ethical and professional skills in the realm of financial statistics;
- Introduce students to conduct research into financial challenges and emerging issues in finance;
- 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.
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).
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).
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.
HND and Diploma Applicants
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).
- Other Diploma Qualifications relevant to the programme may also be considered and be admitted to second year (i.e., 3rd Semester).
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.
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.
MODULAR COURSE STRUCTURE
YEAR 1, SEMESTER 2
Course Code
Courses
Theory
Practical
Credit
STA 101
Elements of Mathematics
3
0
3
STA 103
Statistical Methods I
3
1
3
STA 105
Probability Theory
3
0
3
BFS 117
Financial Statistics Project I
0
4
2
BFS 119
Introduction to Economic Theory
3
0
3
CLT 101
Computer Literacy I
2
1
2
COS 101
Communication Skills I
2
0
2
AFS 100
African Studies I
0
0
0
16
6
18
YEAR 1, SEMESTER 2
Course Code
Courses
Theory
Practical
Credit
STA 102
Calculus
3
0
3
STA 104
Statistical Methods II
3
1
3
STA 106
Probability Distributions
3
0
3
BFS 128
Financial Statistics Project II
0
4
2
BFS 130
Introduction to Macroeconomics Theory
3
0
3
CLT 102
Computer Literacy II
2
1
2
COS 102
Communication Skills II
2
1
2
AFS 100
African Studies II
2
1
2
18
8
20
YEAR 2, SEMESTER 1
Course Code
Courses
T
P
C
STA 201
Statistical Inference
2
1
2
STA 203
Sampling Techniques
3
1
3
STA 205
Introduction to Statistical Computing I
2
2
3
STA 207
Design and Analysis of Experiments I
2
2
3
STA 209
Statistical Theory
2
1
2
STA 231
Differential Equations
3
0
3
BFS 223
Financial Statistics Project III
0
4
2
14
11
18
YEAR 2, SEMESTER 2
Course Code
Course Title
Theory
P
C
STA 202
Design and Analysis of Experiments II
3
1
3
STA 204
Sample Survey
3
1
3
STA 206
Statistical Computing II
3
2
4
STA 208
Nonparametric Methods
3
1
3
STA 240
Matrix Algebra
3
0
3
BFS 232
Financial Statistics Project IV
0
4
2
Total
15
9
18
`YEAR 3, SEMESTER1
Course Code
Course Title
Theory
Practical
Credit
STA 301
Official Statistics I
3
1
3
STA 303
Regression Analysis
2
2
3
STA 305
Multivariate Data Analysis
2
2
3
BFS 317
Financial Statistics Project V
0
4
2
BFS 319
Intermediate Micro Economics
3
1
3
BFS 335
Research Methodology
2
1
2
ENT 323
Entrepreneurship and Venture Creation
3
0
3
BFS 325
Financial Statistics Project VI
0
4
2
Total
15
15
21
YEAR 3, SEMESTER 2
Course Code
Courses Title
Theory
Practical
Credit
STA 302
Stochastic Processes
2
2
3
STA 304
Time Series Analysis
2
2
3
STA 306
Official Statistics II
2
1
2
BFS 326
Financial Statistics Project VII
0
4
2
BFS 328
Intermediate Macro Economics
3
1
3
BFS 330
Introduction to Life Insurance
3
1
3
BFS 332
Introduction to Financial Economics
3
1
3
BFS 334
Financial Statistics Project VIII
0
4
2
Total
15
16
21
YEAR 4, SEMESTER1
Course Code
Courses Title
Theory
Practical
Credit
BFS 411
Financial Accounting
2
1
2
BFS 413
Financial Modelling
2
2
3
BFS 415
Portfolio Optimisation
3
1
3
BFS 417
Financial Statistics Project IX
0
4
2
BFS 419
Non-Life Insurance
3
1
3
BFS 421
Financial Mathematics
3
1
3
BFS 423
Financial Statistics Project X
0
4
2
BFS 425
Internship
0
6
3
Total
13
20
21
YEAR 4, SEMESTER 2
Course Code
Courses Title
Theory
Practical
Credit
BFS 420
Financial Statement Analysis and Reporting
3
1
3
BFS 422
Introduction to Behavioral Finance
3
1
3
BFS 424
Financial Investment
3
1
3
BFS 426
Financial Statistics Project XI
0
4
2
BFS 428
Computational Finance
2
2
3
BFS 430
Financial Statistics Project XII
0
4
2
BFS 400
Final Project Work
0
8
4
Total
11
21
20