Quick Access to MSc Finance Resources
MSc Finance UNILAG: 2025/2026 Admission Requirements
Admission into the UNILAG MSc Finance program is highly competitive, attracting over 500 applicants for approximately 40-50 slots annually (approximately 10% acceptance rate). Candidates are evaluated based on academic qualifications, professional experience, and screening test performance.
| Requirement | Minimum Standard | Additional Notes |
|---|---|---|
| Bachelor's Degree | Second Class Upper (2:1) - CGPA 3.5/5 minimum | Second Class Lower (2:2) requires PGD with Upper Credit |
| Relevant Discipline | Finance, Accounting, Economics, Banking & Finance | Business Admin, Statistics, Mathematics considered with bridge courses |
| O'Level Results | 5 Credits including English & Mathematics | WAEC/NECO/NABTEB in no more than 2 sittings |
| NYSC | Discharge or Exemption Certificate | Currently serving or awaiting results NOT eligible |
| Work Experience | Not mandatory but strongly preferred | 1-3 years in finance/banking gives competitive edge |
| Professional Certifications | Added advantage | CFA Level 1, ACA, ACCA, CIMA, CFP considered |
Table 1: Minimum Entry Requirements for MSc Finance UNILAG 2025/2026
Departmental Screening Process
- 1Written Aptitude Test (60% weight) - Covers Quantitative Analysis, Financial Mathematics, Basic Accounting, and Current Affairs. Download sample past questions
- 2Transcript Verification - Your academic transcript must reach SPGS before screening. Download transcript request template
- 3Oral Interview (40% weight) - Shortlisted candidates only, focuses on career goals and finance knowledge
MSc Finance UNILAG: Fee Structure (2025/2026 Session)
The MSc Finance program is a premium program with higher tuition than standard MSc programs due to its industry partnerships and resources. Fees are payable per session (2 semesters).
| Fee Component | Nigerian Students | International Students | Frequency |
|---|---|---|---|
| Application Form | ₦40,000 | $120 | One-time (Non-refundable) |
| Tuition Fee (Indigene) | ~₦250,000 | N/A | Per Session |
| Tuition Fee (Non-Indigene) | ~₦350,000 - ₦400,000 | ~$1,200 - $1,500 | Per Session |
| Departmental/Professional Fee | ~₦75,000 | ~$200 | Per Session |
| Library/ICT Levy | ~₦35,000 | ~$100 | Per Session |
| Total (Non-Indigene) | ~₦485,000 - ₦535,000 | ~$1,575 - $1,875 | Per Session |
Table 2: Estimated Tuition and Fees for MSc Finance UNILAG 2025/2026
MSc Finance UNILAG: CFA Partnership & Curriculum
Core Courses
- Advanced Corporate Finance
- Investment Analysis & Portfolio Management - CFA alignment details
- Financial Markets & Institutions
- Quantitative Methods for Finance
- Financial Econometrics
- Risk Management & Derivatives
- Financial Statement Analysis
Specialization Tracks
- Investment Banking Track (Mergers & Acquisitions, Private Equity)
- Corporate Financial Management Track
- Fintech & Digital Finance Track
- International Finance Track
How to Apply for MSc Finance UNILAG (Step-by-Step)
Follow these official steps to submit your 2025/2026 application. The entire process is managed by the UNILAG School of Postgraduate Studies (SPGS).
- 1Visit spgs.unilag.edu.ng and click '2025/2026 Postgraduate Application'
- 2Create an account with your email and phone number
- 3Pay ₦40,000 application fee via Remita (card, bank deposit, or USSD) - View Remita guide
- 4Fill the online form with personal, academic, and contact details
- 5Upload scanned copies of all required documents (PDF, max 2MB each) - Document format guide
- 6Select MSc Finance as your first choice (second choice rarely gets admission)
- 7Submit the application and download the acknowledgement slip
- 8Request your university to send official transcript to SPGS before the deadline - Download request template
- 9Print the application summary — keep for reference
- 10Monitor your email and SPGS portal for screening updates
Career Prospects for UNILAG MSc Finance Graduates
UNILAG Finance alumni occupy senior positions across Nigeria's financial services sector. The program's strong industry connections and CFA alignment open doors to top employers.
Top Employers (Alumni Network)
- ✓ Central Bank of Nigeria (CBN)
- ✓ Nigerian Exchange Group (NGX Group)
- ✓ Investment Banking (Stanbic IBTC, Chapel Hill Denham)
- ✓ Commercial Banks (FirstBank, GTBank, Access, UBA)
- ✓ Asset Management Firms (ARM, FBNQuest, Meristem)
- ✓ Multinationals (P&G, Unilever, Shell)
- ✓ Consulting (KPMG, PwC, EY, Deloitte)
Job Roles & Average Salaries
- ✗ Investment Banker: ₦8M - ₦15M/annum
- ✗ Financial Analyst: ₦5M - ₦9M/annum
- ✗ Portfolio Manager: ₦10M - ₦20M/annum
- ✗ Risk Manager: ₦6M - ₦12M/annum
- ✗ Corporate Treasurer: ₦7M - ₦14M/annum
- ✗ CFO (10+ years): ₦20M - ₦50M/annum
Frequently Asked Questions (FAQs)
What is the cut-off mark for MSc Finance UNILAG?
UNILAG does not publicly release official cut-off marks. However, based on historical data, successful candidates typically have: Second Class Upper with CGPA 3.5+/5.0, screening test score of 65%+, and strong interview performance. The program receives approximately 500+ applications for 40-50 slots.
Can I apply for MSc Finance with a Second Class Lower?
Does UNILAG accept HND for MSc Finance?
No, HND holders cannot apply directly for MSc Finance. The pathway is: HND → PGD in Finance/Management (Upper Credit minimum) → MSc Finance. This is a non-negotiable SPGS requirement for all HND holders.
Is there a scholarship for MSc Finance at UNILAG?
When does the application portal open?
The SPGS portal typically opens in Mid-March and closes on August 8th. For the most accurate dates, monitor the official SPGS website from February 2025 onward.
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