Accounting

The B.Sc. in Banking and Finance programme covers a wide range of topics, such as Corporate Finance and Investment Management.

The MSc in Financial Management is targeted at finance professionals and other professionals who want to develop a career in financial management, and who require a wide-ranging understanding of financial techniques and their application – but do not require high-level mathematical understanding of finance theories.
The MSc offers specialist study in the areas of corporate finance, investments and risk management. It will give students a relevant practical knowledge of finance that can be put into use straight away. Careers in finance depend upon a strong understanding of the foundations of finance, investment behavior and the dynamic nature of finance, and the MSc will provide a strong preparation for a career in a wide variety of positions within the finance profession.

Banking sector professionals need to have a wide range of skills and knowledge to equip them to meet the constantly changing challenges facing the modern financial sector. This MBA is especially valuable for people holding a professional qualification (including a qualification in accounting, finance, or related professions) who are employed in banks or other financial firms. The MBA Banking equips you to manage and advise on banking, and develop a number of bank functions. The subjects it covers include bank financial management, financial law, corporate finance, legal aspects of electronic banking, and a range of special subjects.

This Diploma enables people with specialised skills to develop an understanding of a broader range of subjects involved in modern banking.

The Diploma is especially valuable for people holding a professional qualification
(including a qualification in accounting, finance or related professions) who are employed in banks or other financial firms

The MSc Finance (major: Economic Policy) is designed principally for postgraduates working on economic policy in government, central bank, other public organisations, international institutions and consultancy. It enables you to deepen your understanding of the principles, applications and context underlying economic policy with a focus on policy’s financial aspects.

This Postgraduate Diploma will provide you with a thorough understanding of the economic principles of market economies and the basic quantitative techniques that economists use for analysing them. You will follow high level undergraduate courses which will provide an excellent preparation if you are considering taking the MSC Financial Economics or Financial Management programmes.

The MSc Finance (major: Financial Sector Management) is designed to advance a career in management within banks and other financial firms. It enables you to deepen your understanding of the principles, application and context underlying decision making in financial sector management.

There are rapid and wide-ranging changes in financial markets around the world and in the legal and regulatory environment in which they operate. This creates a demand for people with expertise in both finance and financial law. This MSc takes an integrated approach to these two aspects by including risk management, regulation, mergers and acquisitions, initial public offerings, bond issues and loans. It relates to both national and international finance and will introduce you to how financial and legal principles are applied in practice as well as in theory.

This Diploma is ideal for those who already have some experience in either law or finance. The ability to weight the choice of courses towards law or finance will mean that students can tailor their learning according to their needs, interest and pre-existing expertise.

Taxation is designed to provide students and business owners with a basic understanding of Trinidad and Tobago’s Income Tax, with focus on fundamental taxation concepts and the main aspects of legislation with tax rules. The purpose of this course is to ensure that participants will understand the basics of the Income Tax, and tax preparation procedures and rules.  Upon successful completion of this course, students will have demonstrated the ability to:
•    Discuss the history, objectives and structure of the Income Tax/Inland Revenue.
•    Identify, classify and compute income from employment, business and property.
•    Calculate net income, taxable income and income tax liability for individuals and business.
•    Calculate non-complex capital allowances.
•    Prepare Basic Corporation Tax Return in compliance with current legislation.

This course is an introduction to accounting for payroll.  Students will review areas including fixed assets and payroll, and perform financial analysis.  Additional topics include departmental accounting and budgeting.  Accounting for payroll will be examined thoroughly and participants will be introduced to payroll accounting requirements. 
•    Have a fair understanding of payroll processing
•    Process departmental accounting data (Deductions)
•    Describe income tax withholding laws
•    Describe human resources system
•    Describe payroll accounting system.
•    Differentiate between salaries and wages
•    Calculate gross pay.
•    Prepare payroll register.
•    Understand budgeting process and concepts/types.