Financial Crime World

Risk Management in Finance Crucial for Ghana’s Economic Growth

Introduction

In a bid to promote financial stability and growth, the Presbyterian University College, Ghana has launched a Master of Science programme in Financial Risk Management. The programme aims to equip students with the technical skills and knowledge necessary to measure and manage financial risk.

Why Financial Risk Management is Vital

According to experts, financial risk management is crucial for all financial institutions, including:

  • Insurance companies
  • Banking institutions
  • Non-banking institutions
  • Stock markets
  • Fund management companies
  • Regulatory institutions
  • Non-governmental organizations

It is also essential for the successful harmonization and regional integration of the regulatory and supervisory framework of the ECOWAS financial markets.

Programme Objectives

The programme, affiliated to the University of Cape Coast, aims to:

  • Promote discovery of price, long-range financial planning, and understanding of innovative ways to create and release financial energies of individuals, firms, and organizations for Ghana’s economic development.
  • Provide research opportunities that satisfy global educational needs and standards.

Programme Structure

The programme is designed to be practitioner-led, developed, and oriented, enabling students to acquire an advanced-level understanding of financial risk management. Students will undergo intensive training in the principles of risk management, with a strong focus on the application of theory to practically implement risk management models necessary for building risk-resilient growth in organizations.

Admission Requirements

To be eligible for admission, prospective students must have:

  • A first degree from an accredited tertiary institution
  • A relevant professional qualification from a recognized professional body

The programme is offered on regular, weekend, and sandwich modes across three campuses - Okwahu, Tema, and Kumasi.

Career Opportunities

Upon completion of the programme, students are well-prepared to follow a career in risk management or risk analysis with:

  • Banks
  • Regulators
  • Consultancy services
  • Research institutions
  • International and national development organizations
  • Civil society groups that deal with risk management
  • Other fields

Programme Content

The programme consists of 21 credit hours, divided into two semesters. The course content includes:

  • Introduction to financial risk management
  • Quantitative finance and stochastic processes
  • Financial reporting and analysis
  • Financial market and product
  • Research methods
  • Valuation and risk modeling
  • Financial econometrics

Application Information

The Presbyterian University College, Ghana is inviting applications for the MSc Financial Risk Management programme. Application forms can be obtained at GHȻ120.00 from various locations across the country, including:

  • All campuses of the university
  • Presbyterian Church of Ghana Presbytery Offices
  • The church’s head office in Accra

The completed application forms should be addressed to the Registrar, Presbyterian University College, Ghana.

Contact Information

For further information, prospective students can contact the university on: +233 202277210 +233 202277219 +233 501510030