MBA FINANCE AND ACCOUNTING

The Programme is designed to prepare successful applicants to assume a larger role in strategically managing their organizations’ financial and other key resources. The philosophy of the university to blend scholarship with practical based teaching and learning. The programme therefore aims is to develop students’ expertise in key financial areas while also developing their business and leadership skills. This unique concentration provides a competitive advantage for middle and top management to acquire competencies in accounting, auditing and finance. Students will explore and develop their understanding of all aspects of accounting such as financial accounting, financial reporting, cost and management accounting, auditing, taxation and Financial Management.

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Background information:
State the Aims and Objectives of the programme as fit into the mission and plans of the institution and national demand for the programme. The Programme Philosophy, Aims and Objectives and Learning Outcomes, are presented below.

Program Philosophy
The Programme is designed to prepare successful applicants to assume a larger role in strategically managing their organizations’ financial and other key resources. The philosophy of the university to blend scholarship with practical based teaching and learning. The programme therefore aims is to develop students’ expertise in key financial areas while also developing their business and leadership skills. This unique concentration provides a competitive advantage for middle and top management to acquire competencies in accounting, auditing and finance. Students will explore and develop their understanding of all aspects of accounting such as: financial accounting, financial reporting, cost and management accounting, auditing, taxation and financial Management.

Programmes Aims

• Produce graduates to demonstrate the ability to prepare both publishable and management consumption financial reports
• Prepare graduates to analyze and interpret financial and managerial accounting reports.
• Develop graduates to able to evaluate the extent to which a firm’s financial reports and disclosures capture its underlying business reality.
• Prepare students to be able to analyze the types of Standards and how they are used in budgeting and decision making.
• Develop graduate skills to able to design Accounting and control system for a firm and its business units

Objectives
At the end of the programme, students should be able to:

• Prepare financial reports for public and Management Consumption
• Analyze financial statement for investment and strategic decision making purposes
• Design financial internal control system to support effective business decision.
• Analyze different approaches to financial decision making
• Discuss the various standards for preparing financial reports

 Students’ admission, progression and graduation:
Clearly state the policies on minimum qualifications for admission into the programme, retention and graduation.

Admissions Policy
The term Open University usually refers to a university with an open-door academic policy, i.e. no stringent entry requirements like the traditional Universities. This fundamental open admissions policy makes university study accessible to all. The Laweh Admissions policy recognizes this philosophy of making university education open to all, irrespective of age, qualification or experience, except the demonstration of intellectual ability. The concept seeks to provide opportunities, for workers, working mothers, those bringing up a family or those that do not want to give up their social life and people who otherwise will not have access to university education or those that qualify to enter straight but want to have flexibility in their studies to do so, provided
they have an intellectual ability to swim through university education.

Entry Requirements for Admission
The University shall admit candidates with different academic backgrounds to the MBA Programme. Qualified applicants are admitted to programmes at the beginning of the first semester. The various categories of candidates to be considered for admission into the programme in the University will possess either of the following qualifications:

• A first degree from a recognized university/institution.
• Recognized full professional qualification such as
• Chartered Institute of Bankers,
• Association of Certified Chartered Economist,
• Association of Certified Chartered Accountants,
• Institutes of Chartered Accountants
• Chartered Institute of Marketing,
• Chartered Institute of Management Accountants
• Institute of Chartered Secretaries and Administrators,
• Chartered Institute of Procurement and Supply chain Management

All applicants may be required to go through a selection interview. International students with qualifications equivalent to those above may be considered for admission. The equivalent of such qualifications will however be determined by the National Accreditation Board of Ghana. The medium of instruction shall be English Language.

Progression and Graduation
To progress from semester to semester, a student is required to maintain a cumulative GPA of 2.50. A student shall be allowed to repeat a course until he/she has passed the paper so far as she is within the GPA of not less than 2.50 Courses designated as pre-requisites to more advanced courses must be passed before the latter courses are offered.

A student, after successfully completion of a semester can, upon written application giving reasons and after approval has been granted defer and continue in the appropriate semester.
Students shall also participates in live virtual streaming lectures and virtual classrooms and where necessary avail themselves on campus for the face to face intermittent programs must fulfil four times mandatory visit to the university within the period of study.

Students shall pass a minimum of 60 course credits and a maximum of 68 course credits to be eligible for graduation