What are the WAEC subjects for banking and finance? The WAEC subjects for banking and finance are a combination of subjects that banking and finance aspirants should sit for in preparation to get admitted to the university. If you are a banking and finance aspirant, then the information in this article is for you to consume. We have done deep research on the course of banking and finance before writing this article, and we know you will find value in it.
What is Banking and Finance?
Banking and finance is the study of money, investment, and management with a focus on the function of the financial systems of individuals, businesses and governments.
Is Banking and Finance a professional course?
Yes, it is a professional course because it combines the theoretical and practical aspects of financial management, banking systems and economic principles. Individuals who study banking and finance can work as bankers in the commercial banking sector, investment bankers, and financial analysts.
Compulsory WAEC Subjects for Banking and Finance
There are 9 WAEC subjects combined for banking and finance, but the five we will list here are mostly compulsory because if you fail to sit or pass, then it will affect your admission to study banking and finance.
Mathematics
English Language
Economics
Government
Accounting
Note: You must have at least a credit pass in these subjects to study Banking and Finance.
9 WAEC Subjects for Banking and Finance
What are the 9 WAEC subjects for banking and finance?
Mathematics
English Language
Economics
Government
Civic Education
Marketing
Accounting
Agriculture/Animal Husbandry
Igbo/ Hausa/ Yoruba
After selecting these subjects, study hard and get a good WAEC result to study your dream course.
Frequently Asked Questions
1. Can I study Banking and Finance without Accounting?
No, it is likely impossible; accounting is the foundation of banking and finance, or else you are subtitling it with a core subject like economics or commerce.
2. Is Banking and Finance all about math?
Banking and finance involve math, but they can’t be compared with the likes of engineering engineering, which are mainly mainly mathematics. Areas of math in banking and finance are arithmetic, algebra, financial mathematics, statistics, arithmetic, algebra, financial mathematics, statistics, probability, etc. Looking at the math areas mentioned above, you will see that they apply to our everyday financial analysis, investment decisions, risk management, and strategic planning.
3. Is Banking and Finance a hard course?
The answer to this question depends on the student’s ability, just like asking a question in a class of 50 students to find out that only 10 students can correctly answer the question. So, it doesn’t make the question easy or hard; rather, it depends on the student’s knowledge limit. Banking and finance are easy if you study them diligently.
4. Is Banking and Finance different from Accounting?
According to topuniversities.com, “The primary difference in the battle of accounting Vs. Finance is that accounting has a relatively narrow focus while finance is wider-ranging, covering an array of specialization in the world of business, economics and banking”.
With our research, we will say, “Banking and Finance are different from accounting, though they share little similarity, which is financial management. Banking and Finance focus on managing money, investment and financial marketing, while accounting focuses on recording or classifying financial transactions to ensure an organization’s financial statement is accurate.