It could be stressful, challenging, and time-consuming when you get to the stage of applying for admission into the university, especially as you have multiple options for universities to choose from and the kind of degree course that fits your grade.
For secondary school graduates who are looking to study economics degree in the university, below are some hints and tips on how you can apply for an economics degree easily.
Is there a demand for Economics degree in Nigeria?
Take note of this vital information that a degree in economics is among the top degrees sorted after in a Nigerian university. Due to the fact that:
- The transferable skills acquired in the university which are demonstrated by graduates of the course (economics),
- Graduates of economics degree are skilled in solving problems, good with numbers,
- Analytical skills are some of the skills acquired in the university, coupled with the ability to interpret economic data that employers seek in candidates they want to employ.
Having this in mind, you should be proud of applying for an undergraduate economics degree in any university offering the course.
Studies show that when an average economics student graduates from the university, they tend to earn much more than other graduates of other related courses like psychology, history e.t.c after five to six years in Nigeria.
Such reports do not guarantee that after graduating from an economics degree course that you would secure a high paying job, but it is an indication that graduates of economics degree are valued and highly demanded in the labor market, hence leading to more employment opportunities
Another point to consider is that studying in Nigerian universities and obtaining a degree from any course doesn’t strictly conform you to the profession you have studied in the university.
Economics degree sets you on a pedestal of applying for different job roles aside from professional roles like medicine, architecture, engineering, and veterinary science.
It means you can pursue an internship or a career in areas like:
- Investment banking
- General banking
- Financial Advisory or
- Asset management
Graduating with an economics degree can help you obtain the jobs listed above.
Note that your degree in economics does not limit your career choice into the general accounting and finance sector alone, you can diversify to other career lines.
It would be helpful and insightful to seek the advice of career counselors while in the second year or third year of your economic degree course, as they can be of great help by directing you towards borrowed university courses that can help your future career ambition.
Reputable Universities For Economics Degree In Nigeria
Nigeria is a country with a good number of universities where top-notch and quality education is offered to students, and a solid foundation in economics course is offered through a curriculum involving microeconomics, macroeconomic, econometric theory, and others.
Students who are applying for admission to study economics at the undergraduate level are faced with many options to choose from and where they can apply for admission.
There are several universities you can apply to if you have decided to study for an economics degree in your undergraduate days.
For example, you might choose to apply to OAU or UNN to purse your economics degree. This two universities offer their economics degree course in ways that are different;
- OAU offers an economics undergraduate degree course combined with other subjects like computer science; and
- UNN offers economics as a major course of study without any combination of other subjects
It is left for you to decide whether you would love to study economics as a sole Major or you are willing to combine with other courses as seen in OAU.
Say either of OAU or UNN is not a place for you to secure admission, exploring other universities available would be the direction to turn to. UNILAG and the University of Ibadan also offer a competitive economics degree course that is also well renowned on the economics league table in Nigeria.
While making the decision to apply to any of the universities that offer economics degree or, if you are hoping to secure admission into the top-ranked university, you should be prepared to obtain the university's stipulated minimum grade in your SSCE and JAMB/UTME subject combination to meet all necessary entry requirement
Based on how competitive the top-ranked universities are, it is crucial that you seek other ways that would help you boost your performance in any of your courses, most especially if you have realized you are lagging behind in your needed JAMB/UTME subjects, or a specific course is difficult.
Superprof has several seasoned tutors around the country available to provide help with your selected UTME combination.
Telling the tutor the course aspects you would need help in, will help them tailor the tutorial session towards such areas, thereby increasing your overall performance, confidence, and proper understanding of the course before sitting for your exams.
Can You Obtain An Economics Degree Without Maths?
Before you go ahead and apply for economics at any university, you must be prepared to research the curriculum offered by the school so as to understand the topics that would be covered during your days in the university and if it would be worthwhile for your three or four years.
It is essential you take note of this if:
- You do not intend to have maths in your JAMB/UTME subject combination or
- If your confidence in maths is not strong enough and you won't want to offer an economics degree centered on maths.
It is important to know the university requirement for an economics degree course and the relevant JAMB/UTME subject combination. Several economics degrees offered in different universities expect you to have maths in your JAMB/UTME subject combination and a good grade in your SSCE maths exams. This is based on the reason that some economics courses are focus on statistics and mathematical theory, at Obafemi Awolowo University students are expected to have maths in their JAMB/UTME subject combination before applying for admission.
A way you can determine if the economic degree is centered on math is the degree type you will be awarded after graduation. Generally, an undergraduate economics course that offers BEd is less maths centered, but BSc economics is a more mathematical focus course.
Take note that this is not a one size fits all rule, it is essential to carry out your research on any particular university through their website or prospectus, to understand the type of module the school economics degree centers on.
Note that, it is still possible to study economics degree at an undergraduate level without maths subject combination in JAMB/UTME, but this is not a guarantee that maths won't be a part of the course load during your university days
Math is the basis of economics theories, and economics analysis revolves around maths; obviously, you will meet maths one way or the other during your days in the university, for instance, economic quantitative analysis course coupled with micro and macroeconomics are maths focused.
If you would be attending a university that requires a certain level of maths from its students and maths isn't your strong fort, it is a good idea to get help by seeking support from a maths or economics tutor, to get you equipped with numerical skills needed at your 100 level in the university
Superprof is a platform where there are several seasoned tutors on maths or economics; you can select any one of your choice based on factors like location and how the tutorial will be delivered to the students (private session, small groups of class, or online).
The Essential Need For Diversity In Economics Teaching In Nigeria Universities
Whenever you chose to carry out your research, you would notice that several universities have similar curriculum on an economics degree.
Not minding the school, during your undergraduate economic degree-days, you are expected to study subjects like:
- Microeconomics and
- Principle of Accounting
The above courses would be taught to the student based on the institution syllabus, based on the lecture in charge of the course, his/her research expertise and experience in taking the course. In general, graduates leave the institution with a distinct knowledge of the core areas of economics taught in the school.
During the past years, there have been demands to get institutions to broaden the scope of the economics course at the undergraduate level.
Several organizations, individuals and groups have been demanding the review of Nigerian university courses curriculum, economics degree not being an exception to this demand. University graduates at some point are at risk of studying economics in Nigerian university without cutting across some topics, "the Nigerian University Commission has been challenged to develop strategies which would help produce a better curriculum for economics undergraduates"
There could be an adjustment in the economics degree course curriculum in future years, but it's highly likely the adjustment might not take effect as soon as it should.
If you decided to learn more about the history of economics during your university days or you would love to explore information about other universities offering economics, it is important to study their curriculum closely and see which course content follows your interest path.