ABOUT US

ABOUT US

WHO AND WHAT WE STAND FOR

Students' Finance Club is a non profit career wise club which is existing in major universities in Nigeria. it is responsible for bringing relevant information available to undergraduates.

Specifically, Students' Finance Club, University of Benin was co-founded by Nene Cece Odiboh, Dennis Kadiri, Ibrahim Sulaimon, Gladys Iruedo, Evans Uhunoma, Efemena Opubor; in 2016.

Vision

To avail every member of the Club the opportunity to develop themselves and gain requisite knowledge, ability, skills, experiences and other characteristics that will enable them cope in the dynamic environment of the finance world and other related areas

Mission

To bring available opportunities to the knowledge of undergraduates and recent graduates who are members of this club and ensure that they are skilled up for the available opportunities #Finance For Millennials

OUR DIVISIONS

In SFC UNIBEN, we have 4 divisions as follows

The Four (4) basic things you need to be an Analyst:

  • Seek for information
  • Select the right ones
  • Act on it
  • Do it all over again

Corporate Finance

The Corporate Finance Division under the Students' Finance Club is one that exposes you to the current trend in the financial industry, investment banking, investment, and asset management. To go further, what exactly is corporate finance?
Corporate Finance is an area of finance that deals with sources of funding, the capital structure of corporations, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.
The primary goal of corporate finance is to maximize or increase shareholder value. It doesn't make much sense right? This is to give you an insight of what CF entails, and it's usually advisable to do a bit of personal research because it is broad.

What are the organizations I could work with?

Oh! There are many national and multinational organizations you could work with. As an analyst, you should be conversant with the BIG 4 then every other follows, the big 6 are:

  • KPMG
  • Deloitte
  • EY
  • PwC
  • Bank of America
  • Goldman Sachs
  • Many More...

Information Technology

The technology division deals with getting students aware of the current trends in technology with a focus on the financial technology (Fintech) space and more; Informing them of coming opportunities and how best to benefit from the opportunities.Also, members of this division get to learn programming and the use of technology.
What are the organizations I could work with?

All these skills can be applied in top tech companies like Microsoft, Facebook, Red hat, Tesla, Andela, the IT divisions of Goldman Sachs and Bank of America and many more

  • Microsoft
  • Tesla
  • Andela
  • Facebook
  • KPMG IT Division
  • Red Hat
  • Google
  • PwC
  • Bank of America
  • Goldman Sachs
  • Many More...

Advisory and Consulting

You might be wondering what is the difference between consulting and advisory is right? In respect to the corporate environment, both are the same because they perform the same functions.
Consulting and advisory are concerned with having a deep understanding of financial analysis, human resources, actuarial science, etc. It is pertinent to note that, consulting and advisory is specialized in nature because it requires you to constantly update your knowledge on the industry you intend to focus on.

What are some of the functions associated with consulting and advisory?

The function of consulting varies, it depends on the field. However, the primary function of a consulting firm is to make sure the company becomes more efficient and profitable. Some of these fields are:

I. Management Consulting

A management consultant works to help a company improve its business performance, create value and maximize growth. To accomplish this goal, management consultants gather information from a variety of sources within the organization to address and solve problems. A business might hire a consultant to address a very specific problem, such as issues with inventory and shipping functions. In other cases, consultants might tackle broad issues, such as increasing profitability

II. Accounting and Tax

Consultants working in the accounting industry provide auditing, accounting and tax advice to clients. Common functions typically include analyzing a company’s financial statements and records to ensure they comply with laws and regulations, suggesting ways to reduce costs and increase revenue, and computing taxes and preparing tax returns. An accounting consultant who files reports with the Securities Exchange Commission is required to be a Certified Public Accountant.

III. Technical

Most consultants in the technology field, work for information technology firms. The function of a computer systems consultant is to study an organization's current computer system and make recommendations to management on how to operate more effectively and efficiently. Consultants commonly research emerging technologies, provide cost and benefit analyses related to purchasing new technology, or upgrading existing technology and performing tests to ensure technology is working according to its intended purpose. Other functions of a computer systems consultant might include recommending new software, training personnel on how to use technology systems and writing instruction manual

The following are the essential skills you should look forward to building them in the course of your stay:
  • Communication skills
  • Interpersonal skills
  • Analytical skills
This covers financial analysis, audit, accounting, insurance, actuarial science, management consulting, IT Consulting, Financial Consulting, HR Consulting, marketing, operations management and the likes.

What are the organizations I could work with?

The Big 4 accounting firms and others are within this career field.

  • PwC
  • EY
  • Deloitte
  • KPMG
  • McKinsey
  • BCG
  • Bain and Co

Human Resources

In SFC, the human resource management division is concerned with human capacity development, ethics and compliance, recruitment and payroll management. The goal here is to identify and create connections between the vision of SFC and the strengths of its members to ensure maximum productivity. In HR, you would learn emotional intelligence, communication skills and people skills in general. This is a required skill by any organization in every industry·
What are the organizations I could work with?

All and Any Organization.

Our Activities

This is to sensitize you on the outline of activities that would take place in subsequent weeks. Activities include and not restricted to;

  • The Market Updates

    It is an interactive session giving general information about recent happenings in the local and international economy at large. How these happenings basically affect the economy and possible suggestions going forward. We believe this will enable us to be aware of the economy, share our perspective as well as our insights. It would be done on a weekly basis

  • Information Session

    Where we bring industry experts to talk to us about different topics about the finance industry at large. For these sessions, we would announce who we're bringing on, the time frame and we should all endeavor to be online as at the stated time in order to fully participate. We should also try to ask questions after each session.

  • CV Clinic (CVC)

    This is where we "treat" our CVs, note key areas, know what to have on them and what not and so many other important points.

  • Lecture Series

    We will also have lecture series where an individual will educate us on some finance terms and topics. Any member can be randomly picked, so let's all try to be prepared. We're sure “no one would want to fall hands na”.

  • Interview Ethics Session

    As the name implies this would sensitize us on how to do at interviews, how to answer basic, fit, analytical, behavioral and technical interview questions. Also in this session, tests would be randomly set for us all in order to prepare us for the interview life that lies abound.