The Registrar, Chartered Institute of Treasury Management,
The Registrar, Chartered Institute of Treasury Management, CITM, Olumide
Adedoyin, has lamented that some universities in the country don’t havehas
lamented that some universities in the country don’t have standardised
curricula in treasury management.
Mr Adedoyin, in a statement on Monday in Abuja, said
institutions like Bayero University, Kano, Nasarawa State University,
University of Maiduguri and University of Abuja had not been able to get the
curriculum in standardising to meet the global benchmark.
According to him, of all the universities running Treasury
Management Courses at masters level only Ahmadu Bello University, ABU, had been
able to get it right.
The registrar, therefore, called on the National
Universities Commission, NUC, to compel universities to engage professional in
developing curriculum in treasury management, saying that the conventional
curriculum, though invaluable, often neglects the nuances of treasury
management.
According to him, NUC should compel universities offering
courses in Treasury Management to look beyond their current curriculum that
only contains elements of finance and accounting.
This, he said, should include collaboration with the institute
who would help develop such curriculum as the case with ABU, Zaria.
He said by integrating treasury management into the masters’
curriculum, it would empower students to shine in a competitive global economy.
According to him, treasury management possesses a unique
allure that sets it apart from accounting and finance, while accounting and
finance focus on tracking and analysing financial data, treasury management
delved deeper.
This he said was by aiming to optimise the organisation’s
financial resources, mitigate risks, and maximise profitability.
He said such omission could leave aspiring professionals
ill-equipped to tackle the challenges that lied ahead, adding that recognising
such disparity, the institute could provide expertise to help the nation’s
institutions.
According to him, with a deep-rooted commitment to excellence,
CITM offers a transformative pathway to harness the full potential of treasury
management in our nation’s institutions
Mr Adedoyin said the institute would be willing to partner
with NUC to bridge the gap between theory and practice by equipping individuals
with specialised skills and knowledge required in treasury management.
This according to him will help to navigate the complex
world of financial management with finesse in an era where financial landscapes
evolve at breakneck speed, collaboration, and continuous learning are
paramount.
The registrar said it would further help to gain access to
cutting-edge materials, world-best practices, and the professional touch that
the institute would bring.
He said by doing such, it would pave the way for a new
generation of financial professionals, armed with a comprehensive understanding
of treasury management principles.
NAN