Banking and Finance Courses in Nigeria & Prices (2024)

Banking and finance is a very large industry. Because of its size, there is a lot of competition in this industry. Studies have it that the Banking and Finance industry is responsible for about 25% of the total global economy.

Would you like to make the switch to banking and finance? Or are you planning to build your career in this industry? Whichever the case, you need to take several professional courses to match the high level of competition in this industry. This post will show you some of the best banking and finance courses in Nigeria and their prices. Let’s get started without further ado.

Banking and Finance Courses in Nigeria & Prices

Banking and Finance Courses in Nigeria & Prices

Truth be told, banking and finance certifications are not exactly mandatory. However, if you are going to rise to the pinnacle of your career in this industry, you need to gather as many certifications as possible. Doing this gives you a better chance of landing top jobs and high-class clients.

That being said, here are some of the top banking and finance courses in Nigeria and their prices:

Certified Public Accountant (CPA)

The Certified Public Accountant certification course is one of the top banking and finance courses in Nigeria for several reasons. This course offers you the knowledge you need to become a professional public accountant. The certificate is offered by ICPAN. ICPAN stands for Institute of Certified Public Accountants of Nigeria. It is the only recognized institute for training public accountants in Nigeria, and it has its headquarters in Kaduna State.

The Certified Public Accountant program is designed for accountants, auditors, and finance managers in both the public and private sectors. You can choose either the professional program or the diploma program. To enrol in either of these programs, you are required to meet certain conditions. The aim of these programs is to improve the efficiency and productivity of each participant.

Check below for the program outline for the Professional certificate:

Level One

  • Paper 1 Financial Accounting 1
  • Paper 2 Economics
  • Paper 3 Law 1
  • Paper 4 Business Mathematics and Statistics
  • Paper 5 Public Administration
  • Paper 6 Management of Organizations

 Level Two

  • Paper 7 Petroleum and Mineral Accounting
  • Paper 8 Cost Accounting
  • Paper 9 Auditing
  • Paper 10 Data Processing and System Analysis
  • Paper 11 Taxation
  • Paper 12 Public Finance

 Level Three

  • Paper 13 Financial Accounting 11
  • Paper 14 Law 2
  • Paper 15 Management Accounting
  • Paper 16 Management Information System
  • Paper 17 Public Sector Accounting
  • Paper 18 Quantitative Analysis

 Level Four

  • Paper 19 Advance Financial Accounting
  • Paper 20 Taxation and Tax Management
  • Paper 21Auditing and Investigation
  • Paper 22 Financial Management
  • Paper 23 Petroleum Management
  • Paper 24 Managerial Economics

Check below for the program outline for the Diploma program:

Part One

  • Principles of Accounting
  • Economics
  • Business Mathematics & Statistics
  • Introduction to Business Management
  • Law 1

 Part Two

  • General Studies
  • Public Accounting
  • Principles of Taxation
  • Public Administration
  • Auditing 1
  • Introduction to Computer and MIS (Data Processing)

 Part Three

  • Costing
  • Business Law
  • Public Accounting 11
  • Taxation and Tax Management
  • Auditing Practice
  • Research Methods/Project

Training cost: The training cost is reviewed periodically. To find out how much these programs cost currently, visit the institute’s official website,

Chartered Financial Analyst (CFA)

If you have the desire to soar high in the banking and finance industry, then we suggest that you invest in this course. The Chartered Financial Analyst (CFA) certification course is key if you are going to reach the pinnacle of this industry.

Every year, banking and finance professionals in Nigeria strive to take this course and write the certification exams. Currently, there are over 300 Chartered Financial Analyst certificate holders in the country with several hundred more preparing for the same examination. This examination had not been held in Nigeria before 2018. Today, you can take the exam at designated centres around the country.

To prepare for the CFA examination, you will need to invest about 250 hours of study. After doing this, you can sign up for the examination via the CFA official website. Click here to sign up for the Chartered Financial Analyst (CFA) examination.

Training cost: The cost of taking this examination is about N650,000. This fee includes the following:

  • Registration fee
  • Curriculum print
  • Program enrolment fee

Certified Treasury Professional (CTP)

This is another very important banking and finance course in Nigeria. After taking this course, you will bag a Certified Treasury Professional (CTP) certificate. This certificate means that you have gathered sufficient knowledge to become excellent and efficient in the management of funds.

Getting the Certified Treasury Professional certificate places you in a pole position to gain employment with top companies, public and private, in Nigeria. If you add this certificate to your Bachelor’s degree, then you become more marketable and get a better chance at higher job security.

This banking and finance course is one of the benchmarks in the finance industry in this part of the world. Several business schools offer this course and will present you with a globally recognized certificate upon completion of the course.

Training cost: This course is quite expensive, but considering the benefits you will enjoy afterward, it is worth investing in. The average cost of taking the Certified Treasury Professional Certificate in Nigeria is about N1.4 million.

Certified Management Accountant (CMA)

Without a doubt, the Certified Management Accountant course is one of the top courses for banking and finance professionals. The knowledge you get from completing this course will equip you with skills in both strategic business management and financial accounting. Getting this certificate places you in the position to take up financial management and accounting jobs for some of the biggest organizations and companies in Nigeria.

One of the main responsibilities of a Certified Management Accountant is to ensure the proper management of funds in a company. Because of this, they can assume several top management roles. Some of them include Chief Executive Officer, Chief Financial Officer, and Chief Operating Officer.

You can enrol to take this course in several institutions in Nigeria. Before you do, we should let you know that becoming a Certified Management Accountant is no easy feat. There are certain requirements that you must satisfy before you can take this course. One of them is that you must have bagged a bachelor’s degree in Banking and Finance or Accounting from any of the universities in Nigeria. Asides from this, you should have a minimum of two years of working experience under your belt.

Training cost: The average cost of getting a Certified Management Accountant (CMA) certificate in Nigeria is around N600,000. However, the cost of the program depends on the institution where you enrol.