This program is designed to meet high level academic and professional needs of the public and private sectors of the economy particularly the oil and gas sector. The programme will prepare students to assume a larger role in managing their organizations’ operations as well as develop their expertise in the key financial areas of the Oil and Gas industries. The curriculum places much emphasis on the improvement of the business manager’s ability to handle with professionalism the various financial problems confronting business in the Oil and Gas industry.

This programme aims to prepare the learner for a fast-paced project environment with practical tools, which is supported by appropriate theoretical and conceptual analysis references.

The objectives of the MBA in Petroleum Accounting and Finance are to:

• Provide students with requisite knowledge about the general Characteristics of Accounting and Financial practices of the Oil and Gas Industry;

• Equip students with knowledge and skills to discuss the impact of the Oil and Gas industry on the environment and its management to develop strategic thinking of proactive mitigating preventive actions;

• Develop students’ knowledge and skills in financial reporting policies and practices applicable in the Oil and Gas Industry;

• Discuss the different regulations and standardizations applied to Oil and Gas industry.

• Equip students with knowledge and skills apply and interpret the requirement of International Financial Reporting Standards (IFRS) relevant to the Oil and Gas Industry;

• Develop students’ skills to describe, apply and analyze performance management indicators in Oil and Gas Industry;

• Discuss the basic concepts involved in Petroleum Economics and tax policies;

• Develop students’ skills to design contemporary risk management strategies to combat the negative operational ramifications of the Oil & Gas Industry, its associated risks and how to offset these risks accordingly.


Accountants, Finance Managers, and Management Accountants in the Oil and Gas Industry

Duration: 1-Year

Available Session:  Weekend


Prospective applicants to the above MBA programmes must have a bachelor’s degree with at least Second Class Lower Division in Accounting and/or Finance/Auditing or an equivalent relevant, recognised chartered professional certificate in Accounting or related field.


  • In order to be authorized to use the Accredited Supply Chain Professional (ASCP) credential, you must meet the experience, education, ethics and examination requirements determined to be competency measures for Project Managers.


  • By the end of this course, you will be able to: Analyze financial statements in depth. Create financial modelling statements and schedules. Explore and evaluate capital budgeting situations. Prepare a cash flow budget/forecast. Carry out a variance and break-even analysis for decision making. Develop a model for investment decision. Develop a model for investment decisions. Explore sensitivity analysis in modeling contacts.

Target audiences

  • Financial directors and managers Financial controllers Risk managers Credit manages Financial and management accountants Financial project administrators Project finance professionals Financial planners Anyone responsible for or involved in financial modelling