WPCS 2.1.2
Tuition Fees:$1,665 /year
Applications Begin:10 January, 2020
Final Award:Master of Science in Development Finance
Start Date:August 2020
Academic Unit:Department of Finance
Campus:Legon campus
Course Type:Masters by Coursework
Application Deadline: 29 May 2020
Programme Overview

The MSc Development Finance programme aims to equip students with the necessary skills to make a meaningful contribution to policy formulation and implementation in this field.

The programme is designed to provide:
• Broad knowledge on the concepts and skills related to finance in developing and emerging markets.
• Knowledge and skills in financing the design and implementation of development projects.
• Good appreciation of current issues on development finance, both at the macro and micro levels in developing and emerging economies.
• Appreciation of the challenges with respect to development finance in developing and emerging economies.
• Provide the platform for postgraduate research in the area of development finance in developing and emerging economies.



Semester 1
Course | Credits
Issues in Development Finance | 3
Finance and Small Enterprise Development | 3
Quantitative Methods in Development Finance | 3
Research Skills for Development | 3
Corporate Finance, Governance and Investment | 3
International Trade Policies | 3
Financial Services Regulation | 3
Project Management | 3
Sovereign Debt Management | 3

Semester 2
Course | Credits
International Finance for Development | 3
Money and Banking | 3
Project Finance | 3
Sustainable and Responsible Investment | 3
Public Sector Finance | 3
Financial Risk Management | 3
Microfinance for Development | 3
Global Financial Architecture | 3
Finance, Economic Growth and Development | 3
Private Equity | 3
Long Essay | 6
Seminar in Development Finance | 3

Admission Requirements

The admission requirement for the programme is a good first degree (at least 2nd class lower division) and 2 years work experience in a related field or any other degree from a recognized university.

An equivalent professional qualification, with at least five (5) years relevant work experience in executive positions.

Application Process
Application Fees for Ghanaian students: $34
Application Fees for International students (Outside Africa): $105


University of Ghana application e-voucher can be obtained by Ghanaian applicants for GH¢ 200.00 at the following banks: Zenith Bank, Universal Merchant Bank, Ecobank, HFC Bank, Agricultural Development Bank, Unibank, Ghana Commercial Bank, Prudential Bank and Fidelity Bank. Applicants should follow carefully the instructions on the voucher when completing the ONLINE APPLICATION FORM.

Applicants who did not graduate from the University of Ghana must submit the following documents online (Scan and Attach):
• Bachelors’ Degree Certificate and Transcript (The transcript should be scanned into one PDF or WORD document and attached to the application)

Applicants who graduated from this university should scan and attach only their certificates to their applications.
NOTE THAT NO APPLICATION WILL BE PROCESSED WITHOUT THE CERTIFICATE. The originals will be required during interviews.
All applicants who graduated from the University of Ghana from 1996 to date should indicate their ‘STUDENT IDENTITY NUMBERS’ on their forms before submission.


This category of applicants should use the following links to access the online application form for completion and submission:

All applicants are expected to pay to the University a non-refundable application processing fee of US$110.00. This fee can be paid directly or wire transferred into the UNIVERSITY OF GHANA ECOBANK ACCOUNT.

The pay-in-slips together with applicants’ certificates and transcripts should be scanned and attached to the application form before submission. The transcript should be scanned into one PDF or WORD document and attached to the application.

Note that no application will be processed without proof of payment of the fee.

Career Opportunities

Some are;
• International development
• Non-governmental organisations
• Central and local government
• Project implementation
• Consultancy
• Charity
• Urban and regional development policy
• Human resources
• Education
• Information and communication technologies
• Project management
• Research

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Tuition Fees for Ghanaian students: $1,665
Tuition Fees for International students (Outside Africa): $7,215

Tuition fees for;


Prof. Anthony Q.Q. Aboagye

Prof. Joshua Yindenaba Abor

Dr. Elikplimi Komla Agbloyor
Senior Lecturer

Dr. Charles Andoh
Senior Lecturer/ Head of Department of Finance

Dr. Patrick Asuming
Senior Lecturer

Prof. Godfred Alufar Bokpin

Dr. (Mrs) . Vera Ogeh Fiador
Senior Lecturer

Dr. Agyapomaa Gyeke-Dako
Senior Lecturer

Dr. Saint Kuttu
Senior Lecturer

Dr. Lord Mensah
Senior Lecturer

Prof. Joe Nellis
Adjunct Scholar

Prof. Kofi Achampong Osei
Associate Professor and Former Dean of UG Business School

Dr.. Emmanuel Sarpong -Kumankoma
Senior Lecturer

Relevant Contact

Justice Nyigmah Bawole
Dean of the University of Ghana Business School
Yvonne Barnieh
Contact Officer
Vera Fiador
Programme Coordinator
Department of Finance
General Office
Saint Kuttu
Programme Coordinator
Charles Andoh
Head of Department