Banking & Finance – Programmes

9.0 Registration/Clearance at the Faculty
Once admission has been secured, candidates are required to pay a non-refundable acceptance fee. This will enable them generate an admission slip from the university portal and thereafter proceed to the faculty for manual and online clearance (checking of credentials). This process avails the candidates the opportunity to obtain a matriculation number and provisional clearance after paying all the necessary fees. Candidates should submit all the documents at the faculty for onward movement to Registry (Admissions) where full clearance would be issued. Direct entry candidates should immediately arrange for a copy of their transcript to be forwarded to the Admissions office for verification before they are granted full clearance.

10.0 Withdrawal/Deferment and Re-admission
A student may withdraw/defer his/her admission for several reasons after registration in the faculty and paying all the necessary fees. Such students should apply to the Dean of Students Affairs for withdrawal/deferment of admission and obtain approval document, which he/she must attach to his/her request for re-admission to the Registrar at the proper time.

11.0 Matriculation
This is a ceremony marking the official acceptance of first year students to the university. All first year students are expected to participate in this ceremony and sign the Matricula. Only fresh students who have been cleared and issued with registration numbers are qualified to participate in the matriculation exercise.

12.0 Examination Rules and Eligibility
Subject to such conditions as may be prescribed by or under the provisions or regulations of the University of Nigeria, Senate shall exercise the following powers and perform functions such as arrange for the holding of examinations, appoint examiners for such examinations, lay down conditions for conduct of examination; publish the results thereof; recommend to Council candidates for diploma, degree, and other academic distinctions; ensure maintenance of proper standard of examination and security of the papers and scripts and advise the Council on appropriate examination fees. However, the rules guide the student eligibility for examination.

1. No student shall be eligible for any examination unless he/she has fulfilled the relevant conditions laid down in the Academic Regulations.
2. Students who have not reached 75% class attendance in a course shall normally not qualify to take the examination in that course.
3. Attendance at any university examinations may be stopped by Senate or the Vice-Chancellor in accordance with the university statutes.
4. Lecturers must satisfy themselves that any student appearing for any end of semester examination in any course has the continuous assessment record in that course.
5. Students are expected to have paid the necessary fees and completed the online registration form in due time. The relevant Undergraduate Academic Regulation provides that, ‘’a student who fails to register within four weeks from the date registration begins shall not be allowed to register for the semester. Such student shall be deemed not to have registered for the semester and shall have lost the opportunity to register for the semester’’.

Failure to Sit for an Examination
i. Any student prevented from sitting any end of semester examination on account of ill-health shall, within 48 hours from the date of the examination in said course(s), submit a medical certificate from the Director of the University Medical Centre to the Registrar through the Head of his/her Department
ii. Any student prevented from sitting any end of semester examination for reasons other than ill-health shall report to the Registrar through the Head of his/her Department in writing before the examination, giving details of the reasons for his/her absence from the examination. Where this is not possible, the report shall be submitted within 48 hours after the examination.
iii. Where the conditions stipulated in (i) and (ii) above have been satisfied and/or approved, the student shall be required to re-register the course(s) at the next appropriate semester.
iv. Where a student fails to sit any end of semester examination in any course(s) without valid reasons as stipulated in (i) and (ii) above, the student’s continuous assessment record shall be used to return an appropriate grade for him/her in the said course(s).

13.0 Explanatory Notes
According to the new NUC benchmark on minimum academic standards in Nigerian Universities, with effect from 2013/2014 academic session, the new minimum pass mark for all courses in all the universities in Nigeria is now 45% which attracts a letter grade of D.
With effect from 2013/2014 academic session, pass degree became abolished in the University of Nigeria in accordance with the decision of the NUC.
A student’s academic performance in the university is presently graded in the following scores, letters and equivalent number of grade points thus:

 

SCORE IN PERCENT

    

   LETTER

 

   POINTS

 

     RATING

70-100       A       5 EXCELLENT
60-69       B       4 VERY GOOD
50-59       C       3 GOOD
45-49       D       2 PASS
40-44       E       1 MARGINAL FAILURE
0-39       F       0 BAD FAILURE

To determine the final grade a student receives in a course at the end of a semester, 30% weight is given to the continuous assessment and 70% to the semester examination. At the end of each semester, a student’s grade point average is worked out. For instance, if he/she offers the following courses and obtained the respective attached letter grades as follows.

 

COURSE CODE CREDIT UNIT LETTER GRADE GRADE POINT AVERAGE
BAF 101    3   A 5*3=15
MAN 101    2   D 2*2=4
COS 101    3   B 4*3=12
PHIL 101    2   E 1*2=2
ACC 101    2   F 0*2=0
MAN 103    2   C 3*2=6
GSP  101    2   B 4*2=8
GSP 105    2   B 4*2=8
PSY 101    2   A 5*2=10
 

TOTAL

 

20

 

65

 

The total credit units will be 20 while the total grade point will be 65. In order to find the grade point average, the total number of points 65 is divided by the total number of credits units 20, to give 3.25