FIRST SEMESTER YEAR 1
Participants start off the MBA programme with a preparatory module that provides a foundation for the MBA courses. This module includes sessions in Accounting, Business English, Mathematics, and Quantitative Analysis. As ambassadors of the School, participants are expected to comport themselves with order and decorum at all times, for this reason sessions are given on business etiquette and dress sense. In addition, a course on the Nature of Human Beings is given, as we consider it especially important to offer our participants from the beginning of their studies of management a robust understanding of human nature. Since manager work through people to accomplish tasks effectively, a healthy view of human nature broadens your perspective beyond the economic model of man.
ANALYSIS OF BUSINESS PROBLEMS
Develop an organised approach to decision-making and the ability to solve complex real-world problems. In different scenarios, you learn how to define the problem, and the possible cause of the problem. The analysis of the problem and an evaluation of the different alternative solutions, enable you develop analytical and decision making skills. As part of this learning process, you will be introduced to basic analytical tools that you will encounter in other courses on the MBA programme.
Gain the basic communication skills needed as a manager to achieve results and to develop good relations within and outside the organisation. The use of these skills is examined in the context of the organisation by means of case studies and role-plays.
CORPORATE FINANCIAL ACCOUNTING
Learn the fundamentals of financial accounting, reporting and analysis. You will be introduced to the processes by which business transactions generate accounting entries, how they are recorded and summarised in financial statements.
Improve your decision-making and problem solving skills through analytical and quantitative methods. In today's highly competitive business environment, the use of the quantitative tools in the analysis of business problems is becoming increasingly important as invaluable complements to the more traditional qualitative procedures. As a manager you will find that you are in the best position to increase decision-making effectiveness by learning more about quantitative methodology, and by understanding its contribution to the decision-making process.
Gain an understanding of the basic concepts, distinctions and techniques for effective ethical analysis of business situations. You will also be exposed to the specific ethical principles or norms applicable in those business situations which pose more specific challenges and acquaint them with commonly held standards of ethical behaviour in such situations.
HUMAN BEHAVIOUR IN ORGANISATION I
Increase your personal effectiveness and skill in understanding and managing people in organisations. This course in Organisational Behaviour introduces you to the study of interpersonal relations, group behaviour, politics and influence in organisations. The underlying framework focuses on the harmonisation of personal and organisational goals.
ECONOMIC ENVIRONMENT OF BUSINESS I
Explore the macro-economic environment in which businesses operate, and the impact of this environment on a business. Government policies shape the national economic environment by affecting taxation, interest and exchange rates, wages etc. and therefore have a major impact on business.
INTRODUCTION TO MARKETING
Develop an understanding of the basic elements in marketing strategy such as product planning, market selection, distribution and pricing. In addition, you will also learn how to integrate all these elements in a coherent marketing mix.
COST AND MANAGEMENT ACCOUNTING
Discover the multiplicity of roles management accounting information can play in 'driving' a business. This course is developed on the central theme that management accounting exists within a business primarily to facilitate the development and implementation of the business strategy.
INTRODUCTION TO FINANCIAL MANAGEMENT (FIN I)
The course will introduce participants to the general management principles for financial implementation. Financial Analysis and Diagnostics, Financial Forecasting, Working Capital Management, Sustainable Growth, Receivables Management, Credit Policy, Investment Analysis and Capital Budgeting.
SECOND SEMESTER YEAR 1
Gain an understanding of the frameworks, key concepts and tools needed to design, implement, control and improve the value chain of operating systems. The management of product and services flow to meet demand is crucial to strategic growth and profitability of any firm.
STRATEGIC MANAGEMENT I
Strategic Management I offers the opportunity to develop skills for formulating competitive strategy. It provides an understanding of a firm's operative environment and how to develop and sustain competitive advantage; and also how to generate superior value for customers by optimizing functional activities. In this course we will focus on how to balance the opportunities and risks associated with dynamic and uncertain changes in the Nigerian market. Corporate strategy, i.e. the strategy involved in combining different businesses, and implementation of strategy, i.e. the practical steps to turn strategy into action are also covered in this course.
The focus of this course is on exploring how marketing decisions are implemented. Marketing Plans, Product Management and Innovation, Sales force Management, Marketing Strategy
CORPORATE FINANCE (FIN II)
Corporate finance is concerned with maximizing shareholder value through long-term and short-term financial planning and the implementation of various strategies.
The course is an introduction to techniques of probability and statistics which are useful in business research or practice. The emphasis is on applications, rather than proofs, but some understanding of the concepts and an ability to communicate the meaning of the results is vital.
This course is designed to give participants an understanding of the role of market research in business decisions. The course illustrates how marketing research is used in various aspects of marketing. This is to enable participants connect their knowledge of marketing to research through the understanding of its applications.
The course will be concerned with the relationship between operations and the other management functions, and the contributions of operations in providing the company a competitive advantage in the market place.
The course will also examine the purpose of operations in relation with the general concept of the purpose of the company. It will provide the students with the framework to understand how to attain competitive advantage through the operational structure of the firm.
SOCIAL, POLITICAL AND ECONOMIC ENVIRONMENT OF BUSINESS [SPEB]
This course seeks to provide a clear understanding of the dynamic social, political and economic environment of the firm. A good knowledge of the relationship between government, business and society, trends in national strategy within the context of a changing international environment and their implications for the firm is imperative for the strategically minded general manager. The unit is designed to help managers understand the forces that shape those trends, adapt strategy as appropriate and identify a broad range of stakeholders in the environment of the firm with a view to enhancing the capacity for managing relationships with these stakeholders.
MANAGEMENT INFORMATION SYSTEMS
Appreciate the role of Information Technology in the organisation, how organisations should govern the use and dissemination of Information Systems, what measures should be put in place to ensure the privacy and secrecy of information. You will also review the internet as a business platform looking at the business model, business transformation, B2C and B2B models.
HUMAN BEHAVIOUR IN ORGANISATION II
This course is designed to help you become highly effective and responsible leaders in the rapidly changing business environment, and to adapt to the increasing complexity of the 21st century. There are three interesting modules (each consisting of five sessions) on the course: leading oneself, leading others, and leading change. At the end of the course, you should have a good understanding of how to manage your career, and the transition from being a great individual contributor to being an effective leader of others.
CORPORATE INTERNSHIP PROGRAMME
At the end of the first year, participants are assigned to work in various organizations for a period of twelve weeks. The MBA Career Office works with many organizations to generate internship opportunities for the class. The courses taught in the first year equip the students with new skills and knowledge, which is immediately put into practice in real business situations. The internship report written at the end of the internship allows the participant share his/her work experience with the rest of the class, thus further developing their abilities as managers.
FIRST SEMESTER YEAR 2
This programme will equip you with entrepreneurial skills required to identify value-creating opportunities and execute successfully. We define success as creating significant value for the customer and consequently, reaping good returns for the business. We will see how a win-win model for all stakeholders drives business sustainability and profitability.
The main objective of the course is to teach students to understand customer service as a key differentiating factor which sustains competitive advantage in the market place. And that those organizations which provide superior quality of service to customers grow faster than their competitors.
The course has been designed to introduce to the students the business concept of service as opposed to products. The course enables the students understand that dealing with customers do not only depend on the exchange of tangible goods but also includes exchange of intangible feelings. It will provide the students a framework to design and manage service operations to achieve competitive advantage.
PURCHASING, SUPPLY & CHAIN MANAGEMENT
How we manage productive resources is critical to strategic growth and competitiveness. Purchasing and supply chain management is paramount to any organization meeting its corporate objectives.
This program is designed to equip students with the basic skills for designing and improving procurement capabilities of the students. In-class assignments and activities will be severally deplored to build skills and capabilities of the students.
Business Law for Full Time MBA aims to help executives to effectively deal with all kinds of commercial transactions in which they may accept personal or corporate liability. The course is designed to be practical. It will not and does not attempt to turn you into corporate lawyers. It should however raise your awareness of certain issues that are relevant to business so that you can react knowledgeably when faced with certain situations or problems, and make decisions required of you as managers. Instead of viewing law as that which constrains the executive, this course will seek to explain how legally astute executives can help shape the legal environment in which they do business and embrace the tools and opportunities the law offers to manage their businesses more effectively. The end result should be an increase in the executive's ability to use the law strategically. This will be manifested in their ability to use intellectual property protection to maximize intangible assets; preserve brand equity; manage disputes, deal effectively with labour relations, etc.
This course will help you recognize politics and equip you with the tools to manage it. At the end of the course, students should be able to:
Understand the nature of power, influence and politics – recognize power play.
Manage the cardinal organizational relationship points and the organizational "surroundings."
Establish mutually beneficial alliances across board.
Be the "perfect protégé."
Communicate more assertively.
This course focuses on the understanding of power and political processes and the use of tools such as assertiveness, credibility, influence and emotional intelligence to support the traditional skills.
STRATEGY IN AN EMERGING MARKET
This course focuses on how to balance the opportunities and risks associated with dynamic and uncertain changes in the Nigerian market. Corporate strategy, i.e. the strategy involved in combining different businesses, and implementation of strategy, i.e. the practical steps to turn strategy into action are also covered in this course.
As modern societies become more complex, so national governments develop increasingly sophisticated taxation policies. International Trading, the formulation of strategic financial plans and the imaginative, yet commercial handling of tax affairs have an increasing influence on the success of organizations from the individual businesses to the multinational corporations. This course will provide the knowledge and framework needed to address the key issues concerning tax planning. Drawing on real-life cases, the course will equip the students with the practical tools and insights needed to avoid common pitfalls.
SECOND SEMESTER YEAR 2
MICROECONOMIC ENVIRONMENT OF BUSINESS (EEB2)
This course is designed to enable the student/participants gain insight and understanding of the individual decision making unit (the household sector) and the decision-making unit at the industry level. The course deals with the application of economic theory and economic methodology to decision-making problems faced by the consumers, private sector, the public sector, non-government organization and non-profit institutions.
HUMAN RESOURCE MANAGEMENT (HRM)
This course is designed to introduce you to key concepts, issues and challenges associated with managing people in organisations, covering five core areas of HRM: talent resourcing and management, performance management, reward management, people development, and employee relations. The HRM course builds on the two foundational courses – Human Behaviour in Organizations I and II – and enlists the disciplines of economics, social psychology, and sociology; in addition, the course has linkages with several other non-HR-related courses on the MBA.
This elective is for students wishing to become more skillful at negotiating win-win agreements in their personal lives and mutually beneficial ones in their business life. Understanding the negotiation process can go a long way to reduce the number of poor agreements that lead to disappointing results, endless disputes, or escalating conflicts. This course seeks to empower businesspeople to design a negotiation strategy leading to optimal gains while building up relationships and securing future contracts.
The objective of this course is to introduce the students to the principles of modern project management, share experience on the practice of modern project management, introduce the use of project management software, and get the students to use these knowledge in the execution of a life project, preferably one of their on-going school or office project.
COMPETING WITH TECHNOLOGY & INNOVATION
The competitive environment in Nigeria is getting tougher, markets are becoming fragmented, and increasing number of firms are competing for limited client Naira. In addition, artificial restrictions to competition are increasingly disappearing and the increasingly globalized economy means that local firms face competition from international players.
The implications of these is that firms have to differentiate themselves through innovation as innovation has become a critical tool for creating competitive disequilibrium enabling the firms to create superior value for customers. In other words, firms need to constantly create and design new products and services to achieve sustainable competitive advantage. Firms that are able to sustain a series of successful innovations will remain ahead of their competitors.
FINANCIAL STRATEGY OF A FIRM (FIN III)
This course aims to consolidate students' skills in the application of corporate finance tools and techniques in managing the allocation of financial resources for maximizing the value of the firm. Specifically, the course aims to equip students with the ability to describe, diagnose and recommend / design appropriate financial policy for the company that will enhance shareholder value.
MICROECONOMICS OF COMPETITIVENESS
The Microeconomics of Competitiveness (MOC) course is concerned with the determinants of competitiveness and economic development viewed from a bottom up, microeconomic perspective. While sound macroeconomic policies, stable legal and political systems, and the accumulation of factors of production affect the potential for competitiveness, wealth is created at the microeconomic level. The strategies of firms, the vitality of clusters, and quality of the business environment in which competition takes place are what ultimately determines a nation's or region's productivity and wealth.
Financial modelling is the use of appropriate spread sheets or other relevant technologies and applications in building models that can help us analyse and solve financial problems, carryout forecasting and execute "what-if" analysis based analysis. The objective of this course is therefore to help students develop relevant basic skills and best practice in designing, building, testing simple and moderately complex models to be used in solving financial problems that they may encounter in practice.
CASE STUDY GROUPS
Heterogeneous study groups are formed to facilitate the exchange of viewpoints and experiences, in order to draw upon the varied fields of professional knowledge of individual group members. Each member of the group is expected to have read the cases for the day thoroughly in order to discuss and contribute meaningfully to the group discussion.
Each group is assigned a group director who is the member of the Faculty, to oversee the affairs of the group.
A cooperative spirit of team effort and friendship is generated through projects and reports that groups submit for academic evaluation. The friendships that develop through the group experience are the foundation of active social as well as effective professional networks.
CLASS PARTICIPATION AND ATTENDANCE
The case study method of teaching is used, and therefore participants on the programme are expected to contribute to the case discussions in the classroom. Each participant is graded on the quality of his/her contribution, and this forms part of the participant's final evaluation for that course.
Full attendance at all courses is expected.
The evaluation system is based on a combination of projects, class participation, written tests, mid-term and end of term examinations.