5 Best Universities to Study Accounting  in Nigeria | Fees | Cut-Off Mark

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Selecting the proper university to engage in accounting coursework is one of the most crucial choices you need to make in Nigeria in search of a career in the financial and business sectors.

Given the fact that most universities these days have departments that offer accounting courses, it can at times be rather difficult to determine which universities are the best. 

You want to attend an institution that offers the best training, faculty experience as well as practical experiences. 

This article reveals Five Nigerian universities that offer this course successfully, popular for their high standards in education, competitiveness, as well as provision of modern courses for accounting professionals. 

Regardless of whether you are interested in auditing, taxation, or financial management, or any other aspect in the field of accounting, these institutions provide all that is necessary to prepare you for the existing opportunities.

METHODOLOGY: We ranked these universities based on their global and national ranking from websites such as Webometrics,  Edurank, and so on. We also considered the institutions’ accreditation status for some courses.  Scroll down to the DISCLAIMER section to learn more. 

5 Best Universities to Study Accounting in Nigeria

1. University of Lagos (UNILAG), Lagos
2. Ahmadu Bello University (ABU), Zaria
3. Lagos State University (LASU), Ojo
4. Nasarawa State University, Keffi (NSUK)
5. Covenant University, Ota 

1. University of Lagos (UNILAG), Lagos – Best University For Outstanding Excellence. 

Undertaking a programme in Accounting at the University of Lagos is highly advantageous because of the university’s reputation, with a coverage of diverse  opportunities and professors who are experienced in handling the student body. 

UNILAG is one of the first generation universities in Nigeria, with an enviable tradition of learning, and programmes activities. 

UNIlAG’s accounting programme has been developed so as to offer a good platform for you to gain the basic understanding in corporate financial management, auditing and taxation and thus enhancing your chances of employment in the challenging field of financial market. 

Furthermore, the university is situated in Lagos which is the commercial capital of Nigeria. 

This places the university in a nice position to provide you with internship placements, and networking and employment opportunities with the leading firms and multinational organizations upon graduation.

School fees	₦60,000 to ₦80,000 per session
Accreditation	Fully Accredited
Address	University of Lagos (UNILAG), Akoka, Lagos State, Nigeria
Email	info@unilag.edu.ng
Website	https://www.unilag.edu.ng/
Cut-Off Mark	160+

What We Think 

Pros:

• Fosters a strong foundation in accounting principles through a reputable programme known for its rigorous academic standards and comprehensive curriculum.
• Provides access to experienced faculty who have extensive backgrounds in both academia and the accounting profession, offering valuable insights and mentorship.
• Offers strategic advantages due to its location in Lagos, Nigeria’s commercial hub, which enhances opportunities for internships, networking, and employment with top firms.
• Equips you with practical skills through access to modern facilities, including libraries, computer labs, and accounting software essential for the field.
• Builds a strong professional network through a robust alumni network, including successful accountants and finance professionals, facilitating valuable connections and career opportunities.

Cons :

• Suffers from high competition for admission due to the programme’s popularity, requiring strong academic performance to secure a place.
• Faces challenges with overcrowded classes, which can limit personalized attention and affect the student-to-teacher ratio.
• Incurs high living expenses in Lagos, where the cost of accommodation, transportation, and daily needs can be substantial.
• Demands high academic rigor, which can lead to intense pressure, requiring you to maintain a strong work ethic and time management skills.
• Lacks consistent infrastructure, occasionally dealing with issues like limited resources or power outages that can impact the learning experience.

2. Ahmadu Bello University (ABU), Zaria – Best University For Innovative Excellence. 

Pursuing a degree in Accounting at Ahmadu Bello University (ABU), Zaria offers you a unique opportunity to gain a solid foundation in accounting principles while benefiting from the university’s rich academic heritage and resources. 

With a curriculum exposes you to hands-on training. You  develop critical analytical and problem-solving skills essential for a successful career in accounting and finance. 

Studying under experienced faculty members and alongside a diverse student body, you gain insights into both local and global financial systems, preparing you to excel in various professional settings. 

School fees	₦70,000 to ₦90,000 per session
Accreditation	Fully Accredited
Address	Ahmadu Bello University (ABU), ZariaSamaru Campus, Zaria, Kaduna State, Nigeria
Email	registrar@abu.edu.ng
Website	https://www.abu.edu.ng/
Cut-Off Mark	160+

What We Think  

Pros:

• Offers a diverse and multicultural environment, enriching your understanding of social dynamics and preparing you for work in varied settings.
• Provides access to experienced faculty members who are experts in their fields, ensuring high-quality education and mentorship in accounting.
• Emphasizes practical learning through internships and community engagement projects, giving students hands-on experience and enhancing their employability.
• Fosters opportunities for interdisciplinary studies, allowing students to combine Accounting with other social sciences for a well-rounded education.
• Ensures affordable tuition fees compared to many private institutions in Nigeria, making quality education accessible to a broader range of students.

Cons:

• Struggles with overcrowded classes, which can limit individual attention and personalized learning experiences.
• Lacks state-of-the-art facilities and resources that are available in some other universities, which may affect the learning experience.
• Suffers from occasional administrative delays that can disrupt academic schedules and affect timely completion of the programme.
• Faces challenges in maintaining consistent funding for research projects, which may limit opportunities for academic exploration and advancement.

3. Lagos State University (LASU) – Best University For Quality Education

Studying Accounting at Lagos State University (LASU) not only equips you with in-depth knowledge of financial principles, auditing, and taxation, but it also enhances your analytical and financing skills. 

You learn to approach problems with a strategic mindset, communicate complex financial information clearly, and make ethical decisions that are crucial in today’s business world. 

The rigorous curriculum and exposure to real-world scenarios prepares you to excel in diverse financial environments.

School fees	₦90,000 to ₦120,000 per session
Accreditation	Fully Accredited
Address	Lagos State University, Ojo, Lagos State, Nigeria.
Email	info@lasu.edu.ng
Website	https://www.lasu.edu.ng/
Cut-Off Mark	160+

What We Think   

Pros:

• Offers access to experienced faculty  
• Provides a strong curriculum with practical applications  
• Facilitates opportunities for internships and networking  
• Ensures affordable tuition fees compared to private universities  
• Positions you close to Lagos’ financial and business hubs  
• Encourages learning in a diverse student community  

Cons:

• Requires adjustment to large class sizes  
• Limits access to some modern facilities  
• Experiences occasional administrative delays  
• Involves a competitive admission process  
• Compromises comfort with overcrowded lecture halls.

4. Nasarawa State University, Keffi (NSUK) – Best University For Standard Education. 

Studying accounting at Nasarawa State University, Keffi (NSUK) is a smart choice, as the programme is designed to equip you with the skills and expertise needed to succeed in the field. 

NSUK’s accounting curriculum focuses on developing your ability to analyze complex financial situations, make informed the right  choices that can drive business growth. 

With NSUK’s emphasis on industry relevance and real-world applications, you gain the knowledge and skills to succeed in accounting and related fields. 

The school’s strategic approach fosters a unique blend of technical expertise and critical thinking, which ensure a rewarding career and empower you to become a versatile and forward-thinking accounting professional.

School fees	₦130,000 – ₦150,000 per session
Accreditation	Fully Accredited
Address	Nasarawa State University, Keffi (NSUK), Nasarawa State, Nigeria.
Email	info@nsuk.edu.ng
Website	https://www.nsuk.edu.ng/
Cut-Off Mark	140+

What We Think 

Pros:

• Offers a comprehensive accounting curriculum that prepares students for professional success.
• Fosters a collaborative learning environment that encourages teamwork and innovation.
• Provides opportunities for hands-on experience through internships and industry partnerships.
• Develops critical thinking and problem-solving skills through real-world case studies.
• Prepares students for professional certifications and industry-recognized qualifications.
• Enhances career prospects through a strong network of alumni and industry connections.

Cons:

• Suffers from limited resources and outdated facilities in some departments.
• Faces challenges in attracting top industry professionals as guest lecturers.
• Restricts flexibility in course selection and specialization options.
• Demands a high level of commitment and dedication due to rigorous academic standards.
• Exposes students to limited international perspectives and global industry insights.
• Lacks a strong focus on emerging technologies and industry trends in the curriculum..

5. Covenant University, Ota – Best University For Guaranteed Excellence

Covenant University, Ota, stands as a pinnacle of academic distinction for Accounting studies in Nigeria, delivering a holistic learning experience that seamlessly integrates theoretical foundations and practical applications. 

Renowned scholars lead the faculty, shaping innovative curricula that are in line with industry trends. 

Robust partnerships connect you to the accounting profession, give you the capacity to navigate complex financial landscapes with confidence. 

Experiential learning, collaborative research, and community engagement foster a rich wave of academic excellence, enabling  you to drive sustainable growth, innovation, and societal impact in Nigeria and globally. 

School fees	₦788,020.81 per session
Accreditation	Fully Accredited
Address	Covenant University, Ota, Ogun State, Nigeria.
Email	info@covenantuniversity.edu.ng
Website	https://www.covenantuniversity.edu.ng/
Cut-Off Mark	160+

What We Think

Pros:

• Provides a comprehensive and well-structured accounting curriculum that prepares you for professional success.
• Offers a faculty of experienced and renowned scholars who mentor and guide students.
• Fosters a culture of innovation and creativity through experiential learning and collaborative research.
• Prepares students for professional certifications and industry-recognized qualifications.
• Equips graduates with the skills, knowledge, and ethical framework to drive sustainable growth and societal impact.

Cons:

• Demands a high level of commitment and dedication due to rigorous academic standards.
• Restricts flexibility in course selection and specialization options.
• Exposes students to limited international perspectives and global industry insights.
• Faces challenges in providing adequate internship and job placement opportunities.
• Suffers from limited resources and outdated facilities in some departments.. 

Overview of The Best 5 Universities to Study Accounting   in Nigeria 

Nigeria’s top universities for Accounting studies are University of Lagos (UNILAG), Ahmadu Bello University (ABU), Lagos State University (LASU), Nasarawa State University, Keffi (NSUK), and Covenant University, Ota, offering you a comprehensive education in financial management and professional excellence. 

These institutions provide a rich learning environment, experienced faculty, and practical training opportunities, equipping you with the skills to drive business growth and economic development. 

With a focus on innovation, entrepreneurship, and ethical leadership, you are going to be empowered to make a meaningful impact in Nigeria’s business landscape, making these institutions an excellent choice if you’re passionate about shaping the future of accounting.

Other Universities That Offer Accounting in Nigeria

If you’re curious about other universities in Nigeria offering Accounting, be rest assured that you have several options to choose from, including:

Top 10 Federal Universities That Offer Accounting :

1. University of Nigeria, Nsukka (UNN), Enugu State
2. Obafemi Awolowo University (OAU), Ile-Ife, Osun State
3. University of Ibadan (UI), Oyo State
4. University of Benin (UNIBEN), Edo State
5. University of Ilorin (UNILORIN), Kwara State
6. Nnamdi Azikiwe University (UNIZIK), Awka, Anambra State
7. University of Port Harcourt (UNIPORT), Rivers State
8. Bayero University, Kano (BUK), Kano State
9. Federal University of Technology, Akure (FUTA), Ondo State
10. University of Jos (UNIJOS), Plateau State.

Top 10 State Universities That Offer Accounting :

1. Rivers State University (RSU), Port Harcourt, Rivers State
2. Ambrose Alli University (AAU), Ekpoma, Edo State
3. Olabisi Onabanjo University (OOU), Ago-Iwoye, Ogun State
4. Ekiti State University (EKSU), Ado-Ekiti, Ekiti State
5. Delta State University (DELSU), Abraka, Delta State
6. Enugu State University of Science and Technology (ESUT), Enugu, Enugu State
7. Abia State University (ABSU), Uturu, Abia State
8. Kwara State University (KWASU), Malete, Kwara State
9. Adekunle Ajasin University, Akungba-Akoko (AAUA), Ondo State
10. Osun State University (UNIOSUN), Osogbo, Osun State. 

Top 10 Private Universities That Offer Accounting:

1. Babcock University, Ilishan-Remo
2. Redeemer’s University, Ede
3. Afe Babalola University, Ado-Ekiti
4. Pan-Atlantic University, Lagos
5. Landmark University, Omu-Aran
6. Nile University of Nigeria, Abuja
7. Ajayi Crowther University, Oyo
8. Bowen University, Iwo
9. Al-Hikmah University, Ilorin.
10. Caleb University, Lagos State

How to Choose The Best University to Study Accounting   in Nigeria

Choosing the best university to study Accounting   in Nigeria depends on several factors. You need to:

• Research the university’s accreditation and reputation
• Evaluate the Accounting programme’s curriculum and specializations
• Consider the faculty’s expertise and teaching style
• Look at the university’s connections to the accounting industry
• Check the availability of modern learning resources and facilities
• Compare graduate employability rates and alumni success
• Assess the university’s location and campus environment.

Based on These Factors, Choose:

• University of Lagos (UNILAG) for its strong industry connections and renowned Accounting programme.
• Ahmadu Bello University (ABU) for its comprehensive curriculum and experienced faculty.
• Lagos State University (LASU) for its focus on practical applications and entrepreneurial skills.
• Nasarawa State University, Keffi (NSUK) for its commitment to academic excellence and research-driven approach.
• Covenant University, Ota for its holistic education and modern facilities, offering a well-rounded Accounting programme with a focus on ethical leadership and financial skills. 

Course Combination For Studying Accounting  In Nigeria

To be eligible for an Accounting degree, ensure you meet the admission requirements by selecting the right course combination:

• English Language
• Mathematics
• Economics

And any one additional subject from either  Government or Literature.

Eligibility Criteria For Studying Accounting 

• Achieve 5 credits in relevant O’level subjects within a maximum of two sittings.
• Attain a minimum score of 160 in the Unified Tertiary Matriculation Examination (UTME).
• Hold at least 3 B’s in A’Level subjects related to Accounting, such as Government, Literature- in English, and Economics, for direct entry.
• Ensure you are  at least 16 years of age.

General Cut off mark for Accounting 

The general cut-off mark for Accounting  in Nigerian universities is typically around 140-170 points  out of 400 in the Unified Tertiary Matriculation Examination (UTME).

Accounting  Duration

In Nigeria, pursuing a Bachelor’s degree in Accounting typically takes Four years to complete. 

This duration is consistent with the general framework for undergraduate Accounting programmes in all Nigerian universities.

You enjoy comprehensive education in Accounting principles and practices over a standard four-year period.

Pro Tips

• Master the fundamentals: Ensure a strong grasp of basic accounting concepts, including financial statements, assets, liabilities, and equity.
• Practice consistently: Regular practice helps reinforce learning and improves problem-solving skills. Use sample questions and case studies to practice.
• Understand accounting standards: Familiarize yourself with relevant accounting standards and regulations, such as GAAP (Generally Accepted Accounting Principles) or IFRS (International Financial Reporting Standards).
• Use visual aids: Utilize diagrams, flowcharts, and graphs to visualize complex accounting concepts and relationships.
• Stay organized: Keep accurate and detailed notes, and maintain a systematic approach to studying and reviewing material.
• Seek practical experience: Apply theoretical knowledge through internships, volunteer work, or part-time jobs in accounting or related fields.
• Stay updated: Accounting principles and regulations evolve. Stay current with industry developments, new standards, and technological advancements through continuous learning and professional development..

Final Thoughts

Nigeria’s top universities for accounting studies offer a blend of academic excellence, industry relevance, and professional development. 

The University of Lagos (UNILAG) stands out for its rigorous academic programmes and strong industry connections. 

Ahmadu Bello University (ABU) excels in providing a comprehensive accounting education with a research-driven approach. 

Lagos State University (LASU) offers a unique edge in practical training and skills acquisition, while Nasarawa State University, Keffi (NSUK) focuses on developing professionals with a strong ethical foundation. 

Covenant University, Ota, rounds out the top five, providing a holistic learning experience that combines academic rigor with real-world applications, producing graduates equipped to excel in Nigeria’s dynamic accounting landscape.

DISCLAIMER!!!

This article is based on the author’s research and the university selection is based on the institution’s ranking from reputable websites such as Edurank, Webometrics, and so on. 

To rank universities for professional courses like Medicine and Surgery, Pharmacy, Law, and so on, the author visited the websites of the bodies that regulate and accredit such professions in the country. For example, The Pharmacy Council of Nigeria for Pharmacy, the
Medical and Dental Council of Nigeria for Medicine and Dentistry, and so on. 

Consider every detail in this article as merely informational. Make sure you speak with a certified educational consultant if you need help with choosing the best university for your course. 

You can read this article for a step-by-step guide on choosing the best institution for your course.

If you have any questions or want to book an appointment with any of our consultants, kindly contact us!

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