Programme Philosophy
The Philosophy of the MSc in Pensions Management programme is to train graduates to be knowledgeable and competent in pension management to support the manpower needs of the emerging industry. The curriculum places emphasis on equipping graduates with knowledge in pension management and develop their skills to function effectively in the industry. In consonance with this philosophy, the National Pensions Regulatory Authority, Securities and Exchange Commission and other regulatory institutions were consulted to provide input for the realization of the philosophical underpinning of the programme. As a result, evidence of collaborative statements was obtained from the stated institutions and included in this application.
Programme Aims and Objectives
The main aim of the MSc in Pension Management programme is to equip students with the knowledge and skills to apply pension management techniques.
The specific objectives are to:
• Describe the different types of pension systems and how they have evolved.
• Explain how different pension systems are financed, and their short- and long-term risks.
• Describe the measurement of short- and long-term risk associated with different systems.
• Explain the regulatory framework and standards in the pension industry.
• Describe international best practices in pension scheme governance.
• Develop the competences of students to advice governments, institutions and companies on issues of pensions and related matters.
• Equip students with the ability to undertake independent and policy driven research on pensions and related issues.
• Equip students with the skills to use computer application softwares such as Stata,
• Java Virtual Machine and/or R in pension management.
Programme Learning Outcomes
At the end of the MSc in Pensions Management programme, students will:
• Understand the different types of pension systems and how they have evolved.
• Discuss the financing of different pension systems and their short- and long-term risks.
• Measure short- and long-term risk associated with different pension systems.
• Apply the regulatory framework and standards in the Pensions industry.
• Understand international best practices in pension scheme governance.
• Advice governments, institutions and companies on issues of pensions.
• Undertake independent and policy driven research on pensions and related issues.
• Use computer application softwares such Stata, Java Virtual Machine and/or the R software to solve pension and related problems.
Target Group:
Target group include: Pension Trustees, Pension Fund Managers, Pension Fund Custodian, and Pension Schemes Administrators among others.
Duration:
Twelve (12) months
Available Session:
Evening and Weekend
Entry Requirements:
Prospective applicants are required to have any of the following qualifications:
• A bachelor’s degree with at least second class lower in Finance, Economics, Insurance or any business related field from any recognized institution.
• Non-related bachelor’s degree holders with at least two years working experience in pension management and related field may be considered.
• Applicants with relevant chartered professional qualification such as the Chartered Financial Analyst (CFA), Chartered Institute of Bankers (CIB), Chartered Institute of Insurance, Institute of Chartered Accountants, Ghana (ICAG), Association of Certified Chartered Accountants (ACCA), and related professional qualifications may also be considered after interview.