Babatunde QodriAre you aspiring to study Banking and Finance at a Nigerian university? Whether you’re dreaming of becoming a financial analyst, investment banker, or chartered accountant, the journey begins with one essential step—knowing the JAMB cut-off mark for your course and institution of choice.
But here’s the deal: scoring high in JAMB is essential, but gaining financial support through scholarships is just as critical. This article reveals the 2025 JAMB cut off mark for Banking and Finance. It introduces you to reputable scholarships that can fund your education and reduce the financial burden on you and your family.
Let’s explore everything you need to know to gain admission—and even get paid while studying!
What is the JAMB Cut Off Mark for Banking and Finance in 2025?
The Joint Admissions and Matriculation Board (JAMB) has set a minimum cut-off mark of 140 for universities in Nigeria for the 2025 admission cycle. However, this is only a baseline. Each university, especially those offering Banking and Finance, often sets a higher departmental cut-off mark based on course demand, available slots, and applicant performance.
READ ALSO: JAMB Cut Off Mark for Accounting: Everything You Need to Know + Scholarship Opportunities
Departmental Cut-Off Mark for Banking and Finance – Top Nigerian Universities (2025)
Here’s an overview of the estimated cut-off marks for Banking and Finance in some popular Nigerian universities:
UniversityEstimated Cut-Off Mark (Banking & Finance)
University of Lagos (UNILAG) 240 – 260
Obafemi Awolowo University (OAU) 240 – 250
Lagos State University (LASU) 230 – 250
University of Benin (UNIBEN) 240 – 255
University of Nigeria, Nsukka (UNN) 240 – 250
Ahmadu Bello University (ABU) 230 – 240
Nnamdi Azikiwe University (UNIZIK) 230 – 245
Covenant University 180 – 200 (with high screening requirements)
Babcock University 180 – 200
Rivers State University (RSU) 220 – 240
Tip: These figures are based on previous years and current trends. Be sure to check the official university website or admission portal for the updated 2025 marks.
JAMB Subject Combination for Banking and Finance
To avoid disqualification, use the correct subject combination when registering for JAMB:
- English Language (Compulsory)
- Mathematics
- Economics
- Any other Social Science subject (e.g., Government, Commerce, Accounting)
Ensure you have five O’level credits, including Mathematics and English.
Why Post-UTME Still Matters
Even if you ace your JAMB exam, universities often use a screening system or post-UTME to narrow down applicants. Here’s how it affects you:
- UNILAG, for example, uses a 50:50 weightage for JAMB and Post-UTME.
- A stellar post-UTME performance can compensate for a lower JAMB score.
Strategy Tip: Prepare for the Post-UTME with as much dedication as JAMB. Use past questions, practice tests, and online tutorials to sharpen your skills.
Scholarships for Banking and Finance Students in Nigeria
Getting admitted is just one win—you can also secure a scholarship to study for free or at little cost. Some scholarships even offer stipends and laptop grants!
Here are the top scholarships for students in Banking and Finance:
1. MTN Foundation Scholarship
- It targets Science and Technology students, but students in Banking & Finance with excellent results can apply.
- Offers ₦200,000 per annum.
- Visit: https://www.mtn.ng/scholarships
2. Jim Ovia Scholars Program
- Open to all fields, including Banking and Finance.
- Offers full tuition + maintenance.
- Highly competitive.
- Visit: https://www.jimoviafoundation.org
3. NNPC/SEPLAT Undergraduate Scholarship
- Open to students in approved courses, including finance-related fields.
- ₦150,000 per year.
- For 200-level undergraduates.
- Visit: https://www.seplatenergy.com
4. Federal Government Scholarships (BEA and Local Awards)
- Open to high-performing Nigerian students in public universities.
- Funded by the Federal Ministry of Education.
- Visit: https://fsbn.com.ng
5. Shell Nigeria University Scholarship
- Supports Nigerian students with proven academic excellence.
- This applies to courses like Banking and Finance.
- Visit: https://www.shell.com.ng
How to Qualify for These Scholarships
Here’s a checklist to boost your chances of getting a scholarship:
Requirement Tips
Minimum CGPA of 3.5 or higher (if in university) Maintain good grades in your first year.
JAMB score of 250+ Aim high! A great JAMB score increases your chances.
O’Level (WAEC/NECO) with A’s & B’s Aim for at least five credits, including Maths & English.
Letter of Admission: Apply only after securing a valid university admission.
Personal Statement or Essay: Prepare a strong motivation letter.
READ ALSO: JAMB Cut Off Mark for Accounting: Everything You Need to Know + Scholarship Opportunities
What If You Don’t Meet the Cut-Off Mark?
Don’t give up! You have options:
- Change Institution on the JAMB Portal
- Switch to a university with a lower cut-off mark.
- Consider a Polytechnic or College of Education
- Some schools offer Banking & Finance or related fields.
- Enroll in JUPEB or Pre-degree
- Gain direct entry into the 200-level without rewriting JAMB.
- Retake JAMB Next Year
- Use this year to study intensively and aim for a better score.
Final Tips for Success
- Use apps like Flashlearners CBT, Myschool.ng, or JAMB Prep Pro.
- Solve at least ten years of past JAMB questions.
- Join online forums or Facebook groups focused on JAMB and scholarships.
- Attend educational expos or school-organized pre-admission seminars.
What If You Don’t Qualify? Change school, consider alternatives, or retake JAMB.
Conclusion
If you’re passionate about banking and Finance, let nothing stop you—not your score, background, and lack of money. With thoughtful preparation, bold ambition, and the correct information, you can get admitted and win a scholarship to finance your education.
Babatunde Qodri
