MBA

PROFESSIONAL REGULAR MBA PROGRAMMES

For all professional Regular MBA Programmes, fees payable are as follows:

 

  • Full Time (Regular): N110,000=00 yearly
  • Part Time: N110,000=00 yearly

 

 

 

  • MBA REGULAR PROGRAMME IN ACCOUNTANCY

1.1 Philosophy

The MBA programme in Accountancy is designed to produce highly skilled competent and qualified professional managers capable of assuming leadership roles in the public, private and international organizations. MBA students are exposed to the theoretical and practical concepts and tools necessary for effective study and work. They are also given broad orientation that will enable them t function maximally in the application of their knowledge and skills to the business environment and public sector for which they are being prepared. It is designed for graduate and professionals accountants who already have intermediate and highest level of competence respectively in the accounting professional to enable them work harmoniously with professionals from other fields.

 

1.2 Objectives

The Master’s Degree in Business Administration is aimed at:

  1. Providing students with the knowledge and professional skills to enhance their performance as Managers and Accountants and enable them assume broader responsibilities in the rapidly changing environment faced by the private and public sectors.
  2. The provision of knowledge required for understanding practical analytical problems related to management/and administration of public, private and international organizations.
  3. Producing managers who are capable of applying appropriate management principles and techniques of problem solving in the Nigeria environment and the world at large.
  4. To produce socially responsible managers who are mindful of accepted norms and ethics.
  5. To produce managers who are equipped with relevant ICT knowledge and skills.
  6. To produce managers with entrepreneurial skills and leadership qualities.
  7. To produce interested individuals with the necessary competencies and skills to function effectively as academics in Business Administration.

 

1.3      Scope

The MBA programme in Accountancy consists of course work, on-the-job project and project report. Students will complete relevant course in their various stress areas in addition to project work on a selected topic from their area of study to be carried out under the supervision of approved postgraduate supervisor, and submitted by each student as part of the requirements for the award of the Master of Business Administration in Accountancy.

 

1.4      Entry Requirements

  1. First Degree holder in relevant discipline from a recognized university with a minimum of a Second Class Lower Division with CGPA not lower that 2.50 may be admitted.
  2. A postgraduate diploma with a CGPA AT 3.00 on a five point scale or 2.50 on a 4 point scale in Accountancy or Banking & Finance from a recognized polytechnic.

 

1.5 Mode of Study

The mode of study for the programme of Master or Business Administration in Accountancy shall be by course work, seminar, on-the-job project and project report.

 

1.6 Duration

The duration for MBA Degree Programmes in accountancy shall be:

  1. Full-time: Four (4) semesters.
  2. Part-Time: Five (5) semesters.

 

1.7 Employment Opportunities

There are job opportunities of managerial positions in the society for graduates who have undergone a study in MBA programmes in Accountancy in both private and public sector establishments such as government ministries, hospitals, small and medium scale enterprises, and educational institutions. Graduates can also be self-employed as entrepreneurs and can render consultancy services.

 

Area of Specialization

MBA Accountancy

 

Stress Areas

Practical Works 0

Management Accounting 1

Financial Accounting 2

Corporate Merger & Governance 3

Graduate Seminar 4

Accounting for Public Sector 5

Business Law 6

Research Method 7

Audit and Taxation 8

Project 9

 

COURSE LISTING:

MBA Accountancy

 

FIRST SEMESTER

Course Code        Course Title (Core Courses)                           Credit Unit

ACC 801                     MIS and ICT Management                                                3

ACC 813                     Quantitative Methods for Management                          3

BAF 811                      Corporate Finance                                                                3

MKT 811                     Marketing Management and Strategy                              3

ACC 811                      Managerial Accounting                                                        3

ACC 871                      Research Methodology                                                         3

Total Units                                                                                                          18

 

SECOND SEMESTER

Course Code            Course Title (Core courses)                Credit Unit

ACC 862                           Business and Company Law                                3

ACC 824                           Advanced Accounting Theory &

                                               Financial Reporting                                          3

ACC 882                            Advanced Auditing and Assurance                   3

ACC 884                            Taxation and Public Finance                             3

ACC 852                             Public Sector Accounting                                    3

Total Units                                                                                               15

 

THIRD SEMESTER

Course Code                 Course Title (Core Courses)                  Credit Unit

ACC 823                               Human Resources Accounting                            3

ACC 831                                Corporate Mergers and Acquisition                   3

ACC 821                                 International Accounting                                    3

ACC 843                                  Graduate Seminar                                               3

BAF 833                                 Managerial Economics                                        3

ACC 875                                 Entrepreneurship                                                 3 

Total Unites                                                                                                  18

 

FOURTH SEMESTER

Course Code Course Title (Core Courses)   Credit Unit

ACC 804 The On-the Job Project        3

ACC 822 Accounting for Derivatives and Financial Instruments        3

ACC 834 Professional Ethics and Corporate Governance        3

ACC 830 Environment of Business              3

ACC 836 Corporate Strategy                3

MAN 874 Organizational Behaviour                3

MAN 803 Introduction to General Management          3

MAN 812 Operational Management                3

MAN 843    Human Resources Management                3

ACC 890 Project Report              6

                       Total Units      72

 

DESCRIPTION OF COURSES

 

ACC 801 MIS and ICT Management (3)

Computer, history, system theory, system design and analysis data network, file structure and file organization. Principles of data design. Data manipulation and administration. Methods of data collection and coding and output. Principle of programme stored instructions and memory and backing store, input and output devices, data communication. Uses of computers in problem solving; its application to the solution of problems at the introductory level in capital budgeting and linear programming. IT application in accounting.

 

ACC 813 Quantitative Methods for Management (QMM) (3)

Basic elements of decision making under conditions of uncertainty, set theory, probability theory, classical statistics and statistical decision theory; linear programming, Primal and dual simplex algorithm, transportation and network analysis, concept of queuing theory, games, statistical inference and hypothesis testing, time series.

 

BAF 811 Corporate Finance (3)

The principles and procedures underlying financial statements; financial transactions, alternative accounting statements; tools or analysis or ratios and other qualitative measures; accounting information useful for managerial action; application of information in decision situations. Project Appraisal analysis of investment projects, the impact of risk, tax and inflation, the term structure of interest rates, the cost of capital and target rates of return; capital markets its efficiency, the role of intermediaries, sources of finance, the borrowing decision and company valuation and optimal portfolio allocation; capital structure optical capital structures of firms, mergers and acquisitions and the market for corporate control, market efficiency, the principle of capital structure, gearing and the basics of hedging and international finance.

 

MKT 811 Marketing Management & Strategy (MMS) (3)

Perspectives and problems of marketing management  in a multi-product firm, the concept and application of strategic planning to business units and functional area of marketing, utilization of current marketing strategy models as aids in strategy formulation, decision processes for product planning, pricing, promotion, distribution and competitive strategy.

 

ACC 811 Managerial Accounting (3)

Framework of modern management accounting. Cost and management accounting fundamentals; terms, principles, objective, techniques and theories, cost analysis and cost concepts; overhead product costing and cost concept absorption and marginal costing, attributable cost, relevant cost, buy to make decision, management audit, critical evaluation of variables analyses profit and cash planning, performance evaluation, motivation and human aspect accounting. Costing and costing systems – traditional vs non-traditional. Allocating costs and revenues – support service costs, fixed costs, joint product costs, bundled product revenues and customer profitability; spoilage and rework. Budgeting and investment decision-making. Cost drivers and cost estimation; standard costs and variance analysis; CVP analysis and accounting for decision-making; target costing, transfer pricing, performance measurement and strategic management accounting process; through-put accounting and the theory of constraints; quantitative applications in cost and management accounting.

 

ACC 871 Research Methodology (3)

Definition and types of research, problems associated with research in accounting especially in developing countries. Selecting and formulating project topics and titles. Expected contents of project. Literature review; strategies, scope, plagiarism, relevance, conceptual framework etc. citation and referencing. Research methodology, population and sample. Questionnaire design, validation and administration. Statistical measures and scales, parametric and non-parametric statistics, hypothesis testing. Reporting research findings. Application of computer packages.

 

ACC 862 Business and Company Law (3)

Familiarizes candidates with the legal aspect of business. Law of contracts, agency, hire purchase, carriage of goods, and related laws are examined. The company act and company miscellaneous matter decree are examined in depth.

 

ACC 824: Advanced Accounting Theory and Corporate Financial Reporting  (3)

History and development of accounting theory and corporate reporting practices, accounting postulates and concepts; users of accounting  information, income concepts measurement; disclosure requirement for statement of comprehensive income and statement of financial position. Ownership Equities and theories, classification of sources of capital, liquidation distributions, amalgamations and reconstruction, consolidated financial statements,  fixed asset valuation, human asset valuation, social responsible accounting, financial, financial reporting and price changes, concepts of depreciation and amortization, valuation of intangibles.

 

ACC 882 Advanced Auditing and Assurance (3)

Evolution of auditing, procedures with particular reference to internal control systems, internal audit functions; sampling and statistical techniques, auditing standards and guidelines including exposure drafts, post audit review, audit of accounts of solicitors, charitable and other non-trading organizations. The course will explain various models and mechanisms of corporate governance. Recognize the shareholder/stakeholder rights and responsibilities. Elucidate the issues pertaining to the board of directors and management. Expound on the audit committees, analyze the cooperate scandals along with corporate best practices. Summarize the legislations on cooperate governance and responsibility.

 

ACC 884 Taxation and Public Finance (3)

Tax theory, income tax for individuals, partnership and corporation tax, tax planning control, sales and company tax, value added tax. The Nigerian tax law. Tax planning in multinational context. An examination of government operations audits role in economic activity and distribution. Theory of public goods and its optimal distribution.

 

ACC 852 Public Sector Accounting (3)

This course covers topics such as; above and below the line items, financial transactions recording in public sector; public accountability and preparation of financial statements, roles of Accountant General, Auditor-General and Public Accounts Committee/National Assembly in the process of public accountability and roles of IPSASB and INTOLSAI. Financial management in the public sector. Budgeting and budgetary control, budgeting processes, systems and role of budgeting. Fund accounting, general and special funds. Fiscal federalism and revenue allocation in Nigeria. Management of the Federation accounts. Revenue mobilization, allocation and fiscal commission, the federation allocation accounts committee, the state joint accounts committee, the public accounts committee etc and the role of other control agencies (the EFCC, ICPC, the Due Process Office etc). Contemporary issues in public sector accounting       

 

ACC 823 Human Resource Accounting (3)

Development of HUMAN Resources Accounting. Role of human resources accounting, uses of HRA in corporate financial reporting. Accounting for HR cost. Concepts and methods of measuring HR costs. Concepts and theory of accounting forHR value. Monetary and Non-monitory measurement methods. Designing and implanting HRA systems. Applications for improving management, training and personnel decisions. Recent advancement and future directions in HRA.

 

ACC 831 Corporate Merger and Acquisition (3)

This courses provides a concise overview of the merger and acquisition process, including the legal process, federal regulations and due diligence. The purpose of the course is to give the user a solid understanding of how mergers and acquisitions work, reasons why companies decide to merge, synergy values in merger and acquisition, several legal documents that solidify the merger and acquisition process, including a Letter of Intent, and the Merger & Acquisition Agreement.

 

ACC 821 International Accounting (3)

The course is designed for students interested in accounting and financial control of international operations.  It involves preparation, translation and analysis of financial statements for companies that have branches of foreign multinational companies.

 

ACC 843 MBA Research Seminar (3)

This seminar introduces students to the most recent research in the area of accountancy examining current issues and trends, student have an opportunity to present and discuss their own research and actively engage in the analysis and discussion of the works of others. Each student is expected to make at least one presentation during the course, focusing on the formulation, design, execution and result of his/her research.         

 

BAF 833 Management Economics (ME) (3)

Application of principles from various fields in economics and business to management decision making; pricing mechanism, allocation of resources, profit drivers of the firm, revenue and cost drivers, interaction among the market players, firm’s strategy, understanding market forces, the meaning of competition, pricing and profits, market power good or evil, playing games I competition versus cooperation, playing games II Entry and Exit, Firms versus Markets, Make or buy, auctions and market design, economics of information.

 

ACC 875 Entrepreneurship (3)

Concept and objectives. Objective is to impact knowledge and skills required to start a business. Analysis of personal efficacy ad self awareness. Personal characteristics of entrepreneurs. Theories of entrepreneurship development. Identification of ideas and venture capital opportunities. Sources and availability of resources, finance, technology, manpower appropriate technology, government regulations, national and international regulatory and support environment; marketing plan, policy and strategy; accounting and keeping accounts financial statement, feasibility studies and project evaluation; students’ business plan.

 

ACC 804 The On-the Job Project (3)

The on-the-job project is a twelve-week programme spent observing a manager in challenging situation and reporting on what students observed and learned.

 

ACC 822 Accounting for Derivatives and Financial Instruments (3)

It is designed to help you understand how the derivatives market works for hedging interest rate risk and foreign currency risk, and how to account for hedging transactions under U.S. GAAP. Although some derivatives may be highly sophisticated and esoteric instruments, the vast majority of hedgers use plain vanilla contracts in textbook applications to manage their interest rate and foreign exchange rate exposures. The program also discusses the correct journal entries and disclosures relating to derivatives. Using “hands-on” case studies you will determine the correct earnings and OCI allocations, and compile appropriate disclosure amounts relating to ineffective hedge results and reclassification.

 

ACC 834 Professional Ethics and Corporate Governance (3)

This course is designed to provide students with an understanding of corporate governance issues, with a specific emphasis on listed public companies. It will provide a  framework for analyzing how different stakeholders, both internally and externally, influence the behavior of key parties within a listed public company. Students participating in this module will develop an understanding of the role that ethics has in business and professional work. Students will be exposed to the skills necessary to critically analyze the impact of ethics in the current business environment.   

 

ACC 830 Environment of Business (3)

The basic objective of the course is to examine the legal, social, political and economic framework which business organization must operate in the Nigerian environment. Because of the pervasive influence of globalization and reduction of distance between nations, there value systems, language etc, international business environments will be explored.

Topic covered include: The concept, scope and nature of the business environment and environmental scanning. Legislations related to business. Ethical theories of business decision, social and cultural issues in business. Theoretical and practical issues of the Nigerian Political economy which dictates the basis of fiscal and monetary policies, macroeconomic management and business practices.

 

ACC 836 Corporate Strategy (CS) (3)

Conceptual framework and models for the analysis of competitive situations and strategic dilemmas; insight into strategic management; analyses of external competitive environment, industry structure, value chain dynamics, etc.  

 

MAN 874 Organizational Behaviour (3)

Employees’ attitudes and behaviours in organizations. Analysis of how individual, group and organization characteristics influence employee behaviours such as participation and performance. Influence of managerial policies and practices on work attitudes and behaviors.

 

MAN 803 Introduction to General Management (IGM)    (3)

Evolution of Management thought; functions and responsibility of general management, understanding global management, managing through processes, managerial values, managerial decision making, planning, organizing, directing and coordination, problems affecting the character and success of the enterprise, the design and implementation of cooperate strategy.

 

MAN 812 Operations Management (OM)

Issues in operations strategy, process analysis and the use of data and managerial opinion in making effective propositions to address the questions in the cases. Major economic decision, problems of production and operations management; aggregate production and work-force scheduling; multi-plant allocation of product, large scale project control (CPM and PERT); production and inventory control; demand forecasting; quality control; and short run job shop scheduling; the interaction of production problems with those of other functional areas, queuing theory, dynamic programming, multiple regression and correlation.

 

MAN 843 Human Resources Management (3)

Topic to be covered should include the scope, nature, methods and principles of organizational human resources management. The course could provide an overview of strategies and management practices in manpower planning techniques, staffing, human resources training and development performances management and system design, compensation designs and reward management, career planning and employee welfare, line and staff functions as well as the relationship between personnel department and other departments. Review of current principles and practices of human resources management in the Nigerian and global context.

 

ACC 890 Project Report (6)

MBA project is more elaborate than PGD in scope. Students are required to present a well researched paper on any topic of their choice in relevant areas and must be approved by their supervisor and presented as past of the requirements for the award of MBA n Accountancy. The project must make valuable contribution to knowledge in areas of accounting in the business world.

 

(B) MBA REGULAR PROGRAMME IN BANKING AND FINANCE

1.1 Philosophy

This academic programme is developed on the basic premise that the individual banking/financial manager must be professionally proficient in order to operate in a modern, dynamic and monetized economy. This will equip him to face the challenges and uncertainties in decision making. The programme also aims at cultivating in the individual, the professional work ethics that is required in a production economy.

 

1.2 Objectives

The specific objectives of the MBA degree programmes in Banking and Finance are:

  • To provide understanding of the core courses in banking and finance.
  • To provide knowledge of the basic skills and tools for decision making in the discipline in the private and public sectors.

 

1.3 Scope

The MBA degree programme in Banking and Finance is divided into two main specializations, namely Banking and Finance. It consists of Course work, on-the-job training, graduate seminar and project work. Students will complete relevant courses in their stress area in addition to project work in their area of interest.

 

1.4 Entry Requirements

Candidates for the MBA degree programme in Banking and Finance may have any of the following:

  1. First Degree in Banking and Finance or Economics or related discipline with second class lower division.
  2. Postgraduate Diploma (PGD) degree with 3.0 GPA on 5 point scale or 2.50 GPA on a 4point scale.

 

1.5 Mode of Study

The mode of study for the MBA degree programme in Banking and Finance shall be by course work, on-the-job training, graduate seminar and project report.

 

1.6 Duration

The duration for the MBA full-time programme shall be:

  1. Full-time: Four (4) semesters.
  2. Part-time: Five (5) semesters.

 

1.7 Employment Opportunities

The MBA programme prepares students to fill middle and senor level management positions in business, commerce, industry, and government. With their education and training, they can set up their own business since the programme also emphasizes self-employment and consultancy in Banking/Finance, research, etc.

 

Areas of Specialization

  1. Banking
  2. Finance

 

Stress Areas Code

Foundational courses 0

Banking 1

Finance 2

Business Environment 3

Risk Management 4

Capital Market Analysis 5

Financial Institutions 6

Marketing of Financial Services 7

Financial Intermediation 8

Thesis 9

 

Course Listing

MBA Banking and Finance

 

First Semester

Course Code Course Title (Core Courses) Credit Units

MAN 811 Quantitative Methods for Management                    3

BAF 811   Corporate Finance        3

MKT 811 Marketing Management and Strategy        3

MAN 812 Operations Management        3

BAF 871 ICT Management        3

BAF 891 Research Methodology        3

Total Units       18

 

Second Semester

Course Code Course Title (Core Courses)   Credit Units   

BAF 831 Environment of Business 3

BAF 832 The On-the Job Project 3

MAN 852 Business and Company Law 3

MAN 874 Organizational Behaviour 3

       Total Units 12

 

Third Semester

 

Course Code Course Title (Core Courses) Credit Units

MAN 803 Introduction to General Management 3

BAF 833 Managerial Economics 3

MAN 843 Human Resource Management 3

MAN 875 Entrepreneurship 3

MAN 884 Corporate Strategy 3

BAF 892 Graduate Seminar 3

Total Units 18

 

Fourth Semester

Choose any six from these elective courses (project is compulsory, making a total of seven)

 

Course Code Course Title (Core Courses)    Credit Units

BAF 810 Banking Lending and Loan Administration 3

BAF 822 Insurance 3

BAF 841 Financial Risk and Management 3

BAF 845 Investment and Project Analysis 3

BAF 866 Management of Financial Institutions 3

BAF 857 Portfolio Theory and Capital Market Analysis 3

BAF 879 Case Problems in Financial Management,

Banking and Financial Institutions 3

BAF 888 International Business Finance 3

BAF 890 Project Report 6

Total Units 30

 

DESCRIPTION OF COURSES

 

MAN 811 Quantitative Methods for Management (QMM)

Basic elements of decision making under conditions of uncertainty, set theory; probability theory; classical statistics and statistical decision theory; linear programming,. Primal and dual simplex algorithm, transportation and network analysis, concept of queuing theory, games, statistical inference and hypothesis testing, time series.

 

BAF 811 Corporate Finance

The principles and procedures underlying financial statements; financial transactions; alternative accounting statements, tools or analysis or ratios and other quantitative measures; accounting information useful for managerial action; application of information in decision situations. Project appraisal, analysis of investment projects, the impact of risk, tax and inflation, the term structure of interest rates, the cost of capital and target rates of returns, capital market and its efficiency, the role of intermediaries, sources of finance, the borrowing decision and company valuation and optimal portfolio allocation; capital structure, optimal capital structure of firms, mergers and acquisitions and the market for corporate control, market efficiency, the principle of capital structure, gearing and the basics of hedging and international finance.

 

MKT 811 Marketing Management & Strategy (MMS)

Perspectives and problems of marketing management in a multi-product firm, the concept and application of strategic planning to business units and functional areas of marketing, utilization of current marketing strategy, models as aids in strategy formulation, decision processes for product planning, pricing, promotion, distribution and competitive strategy.

 

MAN 812 Operations Management (OM)

Issues in operations strategy, process analysis and the use of data and managerial opinion in making effective propositions to address the questions in the cases. Major economic decision, problems of production and operations management; aggregate production and work-force scheduling; multi-plant allocation of product; large scale project control (CPM and PERT); production and inventory control, demand forecasting; quality control; and short run job shop scheduling; the interaction of production problems with those of other functional areas, queuing theory, dynamic programming, multiple regression and correlation.

 

BAF 871 ICT Management (ICM)

Uses of computers in problem solving; its application to the solution of problems at the introductory level of capital budgeting and linear programming.

 

BAF 891 Research Methodology

The course is designed to improve the ability of students to carry out empirical research and to evaluate published research, topic covered include the nature of scientific research, theory building, and concept definition, hypothesis formulation, sampling methods; nature and sources of data; concept and problems in data collection and sampling; data analytical techniques; analyzing research reports and referencing style; validity and reliability, measurement and scaling methods, criteria for casual inferences, studies and control groups, considerable time will be devoted to report writing include editing foot noting etc.

 

BAF 831 Environment of Business

The concept, scope and nature of the business environment and environmental scanning, legislations related to business. Ethical theories of business decision, social and cultural issues in business. Theoretical and practical issues of the Nigerian political economy which dictates the basis of fiscal and monetary policies, macroeconomics management and business practices.

 

ACC 802 The On-the Job Project

The on-the job project is a twelve-week programme spent observing a manager in challenging situation and reporting on what students observed and learned.

 

MAN 852 Business and Company Law

Familiarize candidates with the legal aspect of business. Law of contracts, agency, hire purchase, carriage of goods, and related laws are examined. The company Act and company and miscellaneous matter decree are examined in depth.

 

MAN 874 Organizational Behaviour (OB)

Exposure to essential theories and concepts for anglicizing managerial problems, individual and group analysis of cases and experimental exercises, exchange of ideas and experiences in the classroom, intensive field-based project work in groups.

 

MAN 803 Introduction to General Management (IGM)

Evolution of management thought; functions and responsibility of general management, understanding global management; managing through processes; managerial values, managerial decision making; planning, organizing, directing and coordination, problems affecting the character and success of the enterprise; he design and implementation of corporate strategy.

 

BAF 833 Managerial Economics (ME)

Application of principles from various field in economics and business to management decision making; price mechanism, allocation of resources, profit drivers of the firm, revenue and cost drivers, interaction among the market players, firms’ strategy, understanding market forces, the meaning of competition, pricing and profits, market power good or evil, playing games I competition versus cooperation, playing games II Entry and Exit, firms versus markets, make or Buy auctions and market design, economics of information.

 

MAN 843 Human Resources Management

The scope, nature, methods and principles of organizational human resources management. The course will provide an overview of strategies and management practices in manpower planning techniques, staffing, human resources training and development, performances management and system design, compensation designs and reward management, career planning and employee welfare, line and staff functions as well as the relationship between personnel department and other departments. Review of current principles and practices of human resources management in the Nigerian and global context.

 

MAN 875 Entrepreneurship

The basics associated with innovation and building a new venture or initiative from scratch either inside an existing organization or as a new company startup. The course assumes no prior knowledge of business or entrepreneurship. The broad mission of the course is:

  • To develop and understand the entrepreneurial frame of mind that drives innovation (think entrepreneurial)
  • To understand the basic skill set required to start or champion something new.
  • To estimate self-evaluation for career direction.

 

MAN 884 Corporate Strategy (CS) (3)

Conceptual framework and models for the analysis of competitive situations and strategic dilemmas; insight into strategic management; analyses of external competitive environment, industry structure, value chain dynamics, etc.  

 

This course explores the ability to think creatively with a business frame of mind . the course focuses on brining new innovations to market. It will instill and appreciation of the characteristics and motivations of entrepreneurs and entrepreneurs. The course also addresses the importance of acting as a responsible and ethical individual while pursuing a business opportunity.

 

BAF 892 Graduate Seminar

This seminar introduces students to the most recent research in the area of accountancy examining current issues and trends, student have an opportunity to present and discuss their own research and actively engage in the analysis and discussion of the works of others. Each student is expected to make at least one presentation during the course, focusing on the formulation, design, execution and result of his/her research.         

 

BAF 810 Bank Lending and Loan Administration

Basic principles of lending and credit administration. Types of credits, collateral analysis for lending. Bank credit organizations, the lending environment and financial statements analysis, loan structuring n commercial banking, corporate banking and consumer banking.

 

BAF 862 Insurance

Comprehend basic concepts of risk and uncertainty as they relate to the insurance field. The legal, regulatory and market environment of the insurance industry. Recognize and practice critical planning elements related to social security, Medicare, and other governmental benefit programs. Analyze characteristics of the following types of insurance: life, medical, disability income, long term care, property and liability, homeowners, and automobile. Identity appropriate insurance coverage for specific personal situations.     

 

BAF 861 Financial Risk and Management

A broad understanding of derivatives and various investments – including equity, fixed income and alternative investments. Roles in risk management, international insurance and reinsurance. Risk and the management of the firm, the markets. Market mechanisms and efficiency, interest-rate risk, currency risk, equity and commodity price risk. The behavior of asset prices. Risk assessment. Controlling risk, qualifying financial risks, financial methods for measuring risk and qualitative approaches to risk assessment.

 

BAF 859 Case Problems in Financial Management, Banking and Financial Institutions

Case studies in the areas of financial management, banking and financial institutions.

 

BAF 888 International Business Finance

The environment in which the international financial manager operates. The risks of doing business overseas and the tools available to minimize those risks. Foreign exchange risks, political risk, working capital management, long-term investments, financing, accounting and control.

 

BAF 890 Project Report

Based on original empirical and extensive research on a topic in the student’s area of specialization. Such must employ verifiable analytical tools and may make significant contributions to knowledge.

 

(C) MBA REGULAR PROGRAMME IN MANAGEMENT

1.1 PHILOSOPHY

This professional programme equips leaders in the corporate world to deal with challenges and vagaries of the business world. It will enable candidates to critically analyze business problems using appropriate operations research techniques and creatively arrive at solutions. It gives students a thorough understanding of the components, structure, characteristics and dynamics of the business environment and provides them with effective strategies for managing the environment; to analyze the environment and craft and implement strategies that will ensure the survival and profitability of organizations.  

 

1.2 OBJECTIVE

The major objective of the MBA programme is to help create a pool of capable intellectually sound and highly skilled human capital that will play leadership roles in the corporate world and in the process guarantee and fast-track the nation’s economic development. The achieve this grand objective, the programme aims at the following specific objectives among others:

  1. To imbue students with critical skills that are required for meaningful participation in  business management and effective leadership roles in other spheres of life such as analytical skills, interpersonal skills, problem solving skills and leadership skills.

 

  1. To help students develop the ability to conduct independent research on any topic or problem.

 

  1. To teach students how to conduct a feasibility analysis for the purpose of determining the viability and profitability of a project and to develop a business proposal based on such analysis.

 

  1. To highlight the importance of environmental alertness and responsiveness in organizational management.

 

  1. To prepare students for effective and successful project management.

 

  1. To enable students to have a better understanding of the process involved in organizations and how to manage them.

 

1.3 SCOPE

The MBA programme of the department consists of course work (theory), seminar, on-the-training and project report. It covers all the critical aspects of business management as highlighted under objectives and list of courses. The seminar prepares them for their ultimate project report and also teaches them how to make presentations while the on-the-job training enables them to observe managers at work for six weeks and affords them the opportunity to compare theory with practice. The project report further develops their capacity for research work.

 

1.4 ENTRY REQUIREMENTS FOR MASTERS IN BUSINESS ADMINISTRATION (MBA)

Degree in Economics and Business-related courses from a recognized University with a minimum of second class lower division (3.0CGPA on 5 point scale or 2.5 CGPA on 4 point scale) may be admitted or a Postgraduate Diploma with a 3.50CGPA on a 5point scale or 3.00CGPA on a 4 point scale.

 

1.5 MODE OF STUDY FOR MASTERS IN BUSINESS ADMINISTRATION (MBA)

  • Course work/Project Report.
  • On the job training
  • Seminar

 

1.6 DURATION FOR MASTERS IN BUSINESS ADMINISTRATION (MBA)

  1. Full-time: Four (4) semesters.
  2. Part-Time: Five (5) semesters.

 

1.7 EMPLOYMENT OPPORTUNITIES

The programme prepares students for a wide range of opportunities for employment in the private and public sectors and international organizations.

 

1.8 AREAS OF SPECIALIZATION

Human Resources management

Project Management

Entrepreneurship

Production and Operations Management

 

STRESS AREAS     

  1. Introduction/on-the-job
  2. Operations Research
  3. Research Methods
  4. Public Administration
  5. Human Resource Management
  6. Information and Computer Technology
  7. Statistics
  8. General Management
  9. Strategy
  10. Project Report

 

LIST OF COURSES

 

FIRST SEMESTER   

Course Code Course Title (Core Courses) Credit Units

MAN 855 ICT Management          3

MAN 811 Quantitative Methods for Management          3

BAF 811 Corporate Finance          3

MKT 873 Strategic Marketing Management          3

MAN 812 Operations Management          3

MAN 821 Research Methodology          3

 

SECOND SEMESTER

Course Code Course Title (Core Courses) Credit Units

MAN 802 The on-the-job Project 3

BAF 831 Environment of Business 3

MAN 812 Organizational Behaviour 3

MAN 821 Business and Company Law 3

 

THIRD SEMESTER

 

Course Code Course Title (Core Courses) Credit Units

MAN 803 Introduction on General Management 3

MAN 884 Corporate Strategy 3

BAF 833 Managerial Economics 3

MAN 823 Graduate Seminar 3

MAN 843 Human Resources Management 3

MAN 875 Entrepreneurship 3

 

FOURTH SEMESTER

 

Course Code Course Title (Core Courses) Credit Units

MAN 874 Interpersonal Skill Development 3

MAN 878 Leadership and Management 3

MAN 844 Industrial Relations 3

MAN 884 Global Economic Environment 3

MAN 846 Appraisal and Compensation Management 3

MAN 876 Project Management 3

MAN 986 Project 6

 

COURSE CONTENTS AND CREDIT UNITS FOR EACH COURSE

(COURSE SYNOPSIS OF THE MBA PROGRAMME)

 

Quantitative Methods for Management (QMM)

Basic elements of decision making under conditions of uncertainty, set theory, probability theory; classical statistics and statistical decision theory; linear programming, primal  and dual simplex algorithm, transportation and network analysis, concept of queuing theory, games, statistical inference and hypothesis testing, time series.

 

Corporate Finance

The principles and procedures underlying financial statements; financial transactions; alternative accounting  statements; tools or analysis of ratios and other quantitative measures; accounting information useful for managerial action; application of information in decision situations. Project Appraisal, analysis of investment projects, the impact of risk, tax and inflation, the term structure of interest rates, the cost of capital and target rates of return; capital market and its efficiency, the role of intermediaries, sources of finance, the borrowing decision and company valuation and optimal portfolio allocation; capital structure, optimal capital structure of firms, mergers and acquisitions and the market for corporate control, market efficiency, the principle of capital structure, gearing and the basics of hedging and international finance.

 

Strategic Marketing Management

Perspectives and problems of marketing management in a multi-product firm, the concept and application of strategic planning to business units and functional areas of marketing, utilization of current marketing strategy, models as aids in strategy formulation, decision processes for product planning, pricing, promotion, distribution and competitive strategy.

 

Operations Management (OM)

Issues in operations strategy, process analysis and the use of data and managerial opinion in making effective propositions to address the questions in the cases. Major economic decision, problems of production and operations management; aggregate production and work-force scheduling; multi-plant allocation of product; large scale project control (CPM and PERT); production and inventory control; demand forecasting; quality control; and short run job shop scheduling; the interaction of production problems with those of their functional areas, queuing theory, dynamic programming, multiple regression and correlation.

 

Research Methodology

The course is designed to improve the ability of students to carry out empirical research and to evaluate published research, topic covered include the nature of scientific research, theory building, and concept definition, hypothesis formulation, sampling methods; nature and sources of data; concept and problems in data collection and sampling; data analytical techniques; analyzing research reports and referencing style; validity and reliability, measurement and scaling methods, criteria for casual inferences, studies and control groups, considerable time will be devoted to report writing include editing foot noting etc.

 

The On-the Job Project

The on-the-job project is a twelve-week programme spent observing a manager in challenging situation and reporting on what students observed and learned.

 

Environment of Business

The basic objective of the course is to examine the legal, social, political and economic framework which business organization must operate in the Nigerian environment. Because of the pervasive influence of globalization and reduction of distance between nations, there value systems, language, etc. international business environments will be explored.

 

Topic covered include: The concept, scope and nature of the business environment and environmental scanning, characteristics of the business environment, the concept of environmental scanning, strategies for managing the business environment, complexity theories. Legislation related to business. Ethical theories of business decision, social and cultural issues in business. Theoretical and practical issues of the Nigerian Political economy which dictates the basis of fiscal and monetary policies macroeconomics management and business practices.

 

Organizational Behaviour (OB)

Exposure to essential theories and concepts for anglicizing managerial problems, individual and group analysis of cases and experimental exercises, exchange of ideas and experiences in the classroom, intensive field-based project work in groups.

 

Business and Company Law

Familiarize candidates with the legal aspect of business. Law of contracts, agency, hire purchase, carriage of goods, and related laws are examined. The company act and company and miscellaneous matter decree are examined I depth.   

 

Introduction to General Management (IGM)

Evolution of Management thought; Functions and responsibility of general management; Understanding global management; Managing through processes; Managerial values, managerial decision making; planning, organizing, directing and coordination, problems affecting the character and success of the enterprise; the design and implementation of corporate strategy.   

 

Corporate Strategy (CS)

Conceptual framework and models for the analysis of competitive situations and strategic dilemmas; insight into strategic management; analyses of external competitive environment, industry structure, value chain dynamics, etc.

 

Managerial Economics (ME)

Application of principles from various field in economics and business to management decision making; price mechanism, allocation of resources, profit drivers of the firm, revenue and cost drivers, interaction among the market players, firms’ strategy, understanding market forces, the meaning of competition, pricing and profits, market power good or evil, playing games I competition versus cooperation, playing games II Entry and Exit, firms versus markets, make or Buy auctions and market design, economics of information.

 

Human Resources Management

Topics to be covered include the scope, nature, methods and principles of organizational human resources management. The course will provide an overview of strategies and management practices in manpower planning techniques, staffing, human resources training and development, performances management and system design, compensation designs and reward management, career planning and employee welfare. Line and staff functions as well as relationship between personnel department and other departments. Review of current principles and practices of human resources management in the Nigerian and global context.     

 

Entrepreneurship

The basics associated with innovation and building a new venture or initiative from scratch either inside an existing organization or as a new company startup. The course assumes no prior knowledge of business or entrepreneurship. The broad mission of the course is:

  • To develop and understand the entrepreneurial frame of mind that drives innovation (think entrepreneurial)
  • To understand the basic skill set required to start or champion something new.
  • To estimate self-evaluation for career direction.

 

This course explores the ability to think creatively with a business frame of mind . the course focuses on brining new innovations to market. It will instill and appreciation of the characteristics and motivations of entrepreneurs and entrepreneurs. The course also addresses the importance of acting as a responsible and ethical individual while pursuing a business opportunity.

 

Interpersonal Skill Development

The purpose of this course s threefold. First, the course will acquaint candidates with guidelines that will help them create well-crafted academic communication. Second, it will give them the opportunity to practice their communication skills and to receive extensive feedback from their colleagues. You will write and/or revise an article manuscript or conference paper, present a conference paper or job talk, write a manuscript peer review, and engage in various communication exercises. The article and talk, which are the major assignments of the course will be based on material from your own doctoral studies. Third, the course will provide an opportunity for your to learn about professional norms for a range of activities that surround the academic enterprise, including, for example, the scholarly publication process and the job search process.

 

Leadership & Management

Organizational leadership is the process of influencing other people to achieve organizational goals. This leadership course reviews and builds upon the basic knowledge of leadership provided in an introduction to organizational behavior course by expanding the scope and depth of the student’s knowledge of leadership theories, by providing practice in basic leadership skills, and by developing the student’s self-knowledge of his or her preferred leadership styles. To develop the ability to work with and through others in order to make effective contributions as a member of an organization. The curse emphasizes developing a leadership orientation, understanding critical leadership issues and developing appropriate leadership skills. In this course, the student is also introduced to the basic concepts of management and organizations. Primary emphasis is given to three primary functions: planning, organizing and controlling. Additional topics include organization theory, the global environment, ethics and decision making.

 

Industrial Relations

This course covers emergence and resolution of industrial conflicts. Topics to be covered include employment Law, Management of employee relations, employee deviance, economies of employment and unemployment, collective bargaining, trade unions, industrial conflict, industrial sabotage, equal employment opportunities, negotiations skills, third party intervention.  

 

Global Economic Environment

This course is designed to appraise students of the nature of globalization and its impact on the economy of individual nations. It is also expected to highlight the interconnectedness of various economies. Specifically,  it should cover topics such as 1) Economic environment , 2) Globalization; definitions, nature, history, opportunities, challenges, advantages and advantages, impact on the banking and manufacturing sectors, the way forward, global economic shocks, causes and effects of the recent global economic shock on the various sectors of the Nigerian economy, the lesson learnt, experiences of Mexico and Asian countries 4) The Modus Operandi, roles, benefits and criticisms of international institutions such as IMF, World Bank and WTO, 5)  Multinationals and Globalization, 6) Culture and Globalization, 7) Free Trade and the Nigerian economy.–

 

Appraisal and Compensation Management

The various kinds of systems used by organizations to evaluate and reward employee performance. Job analysis, job evaluation, setting performance standards, giving appraisal feedback, designing incentive systems, administering a salary plan.

 

Project Management

The Project Management Course is an instructor-led programme that prepares individuals for the rigors or project management. The participants receive the institute’s faculty’s unparalleled expertise and knowledge, combined with practical instruction on the processes, organizational structures and tools to ensure their project work yield the desired business results. An application concept is key and participants enjoy an enthusiastic, interactive environment while sharpening their project management skills and abilities. The programme curriculum educated by involvement and provides participants with immediate skills that will enable them to:

  • Review and validate project objectives.
  • Establish a multi-functional project team.
  • Define the framework by which team members will work together
  • Develop the work breakdown structure (WBS) and assign ownership to each task.
  • Produce a schedule that can be managed by critical path and float
  • Refine estimates and finalize resource requirements
  • Develop risk management plans.
  • Track, access and communicate project status.
  • Manage issues, changes and additional risks.
  • Conduct close-out reviews and communicate key learning.

 

Project

A research based study and report in an acceptable management problem area approved by the supervisor and the postgraduate committee. It expands and consolidates students knowledge of empirical research.

 

(D) MBA REGULAR PROGRAMME IN MARKETING

 

1.1 PHILOSOPHY

The MBA in marketing programme has been designed to equip postgraduate students with advanced marketing knowledge and practical approaches for corporate advancement.

 

1.2 OBJECTIVES

The specific objectives of the programme are:

  1. To expose students to fundamental courses in marketing needed for advanced MBA in marketing programme.

 

  1. To provide students the opportunity of obtaining practical knowledge to solve marketing problems in business.

 

  1. To update students with knowledge in the field of marketing and other cognate business courses needed to understand and analyze marketing problems.

 

1.3 SCOPE

The MBA in Marketing programme requires a minimum of 72 credit units made up as follows:

  • 16 core courses (3 credits each) 48 units
  • 6 elective courses (3 credits each) 18 units

Each (chosen as area of specialization)

  • MBA project of 6 credits 6 units

Total 72 units

 

1.4 ENTRY REQUIRMENTS

The requirements for admission into the MBA programme in Marketing are as follows:

  1. Candidates with any Bachelor’s degree from a recognized university must have a minimum of second class honours lower division, OR
  2. Candidates with Postgraduate Diploma from a recognized university who have passed with a minimum of 3.0 GPA at 5-points scale, or 2.5 GPA at 4-point scale.
  3. Candidates with good quantitative background and some basic knowledge of Economics will have an added advantage.
  4. Holders of HND and/or professional qualification disciplines are eligible for admission provided they possess a Postgraduate Diploma.

 

1.5 DURATION

The minimum and maximum duration of an MBA programme in Marketing shall be:

  1. Full-time: Four (4) semesters.
  2. Part-time: Five (5) semesters.

 

1.6 EMPLOYMENT OPPORTUNITIES

The MBA programme prepares students to fill middle and senior level management positions in business, commerce, industry and government. With their education and training they can set up their own business since the programme also emphasizes self-employment and consultancy in Marketing Research, Marketing Communications, etc.

 

AREAS OF SPECIALIZATION

  1. Marketing Communications
  2. Marketing Management
  3. Marketing Research
  4. Sales Management
  5. Distribution Management
  6. International Marketing
  7. Consumer Behaviour
  8. Project Planning and Development

 

STRESS AREAS

Foundation Courses 0

Product Planning and Development 1

Marketing Communications 2

Physical Distribution and Supply Chain Management 3

Food and Agricultural Marketing 4

Consumer Behaviour 5

International Marketing 6

Marketing Theory and Management 7

Service Marketing 8

Research/Project 9

 

COURSE LISTING

 

FIRST SEMESTER

COURSE Code Course Title      Credit Units

BAF 811 Corporate Finance 3

MAN 811 Quantitative Methods for Management 3

MAN 812 Operations Management 3

MKT 821 ICT Management 3

MKT 871 Research Methodology 3

MKT 873 Strategic Marketing Management 3

Total Units 18

SECOND SEMESTERS

 

Course Code Course Title   Credit Units

BAF 831 Environment of Business 3

MAN 853      Business Law 3

MAN 874 Organizational Behaviour 3

MKT 872 The One-the Job Project 3

Total Units 12

 

THIRD SEMESTER

 

Course Code Course Title   Credit Units

BAF 833 Managerial Economics 3

MAN 803 Introduction to General Management 3

MAN 843 Human Resource Management 3

MAN 884 Corporate Strategy 3

MAN 875 Entrepreneurship 3

MKT 875 Graduate Seminar 3

Total Units 18

 

FOURTH SEMESTER

Elective (students are to choose 6 courses)

 

Course Code Course Title     Credit Units

MKT 814 Product Planning and Development 3

MKT 822 Pricing Policies 3

MKT 824 Advertising Management 3

MKT 852 Consumer Behaviour 3

MKT 854 Industrial Marketing 3

MKT 862 International Marketing 3

MKT 874 Marketing Research 3

MKT 876 Marketing Thought 3

MKT 892 Project 6

Total Units 30

 

DESCRIPTION OF COURSES

 

MKT 814 Product Planning and Development (PPD) (3 units)

Issues involved in the Development and Introduction of New Products, Management of existing products, Positioning, screening; concept testing and development of new products.

 

MKT 821 ICT Management (ICM) (3 units)  

Uses of computers in Problem Solving, Application of Computers to the Solution of simulations; Pre-Test Market models, Product rollout, Diffusion of innovations, product life cycle and branding strategies.

 

MKT 822 Pricing Policy (PP) (3 units)

Pricing quality issues, price dealing policies, multi-plant pricing, peak load pricing, franchising, resale price maintenance, competitive bidding, new product pricing, product line pricing, the marketing mix.

 

MKT 824 Advertising Management (3 units)

Introduction to advertising, advertising and society, marketing tools, role and functions of advertising, advertising planning and positioning: advertising message, advertising budget, advertising reach, pre-placement evaluation, working of advertising, advertising response hierarchy models, problem solving strategies, consumer behaviour, creativity in advertising, copy writing, methods to appreciate a problem, important tools of advertising: online advertising, sales, promotion, publicity, marketing environment, marketing plan, how to be a good client, client-agency relationship, advertising without an agency, newspaper, advertising, other advertising media, utility of various media, continuous tracking, seasonal advertising, components of advertising: criticism on advertising, effect of advertising, creating effective design, worksheets, concept of an advertisement.

 

MKT 852 Consumer Behaviour (3 units)

Basic factors influencing consumer behaviour, managerial use of consumer decision making models, buyers behaviour modeling from both economics and behavioural sciences, consumer information processing, stochastic brand device models, risk taking and market segmentation.

 

MKT 854 Industrial Marketing (3 units)

Marketing problems unique to the industrial marketing, management of the sales force, optimal allocation across product lines, customers and sales territories, industrial consumer, pricing advertising in an industrial setting.

 

MKT 862 International Marketing (3 units)

International strategies, special goals, decision making process across several countries, selection of entry strategies for foreign markets, comparative marketing arrangements, covers factors, which need to be recognized by international marketing managers in analyzing markets covering foreign operations, and in assessing economic, cultural and political aspects of international markets.

 

MKT 871 Research Methods (3 units)

Nature of scientific research, theory building and concept definition, hypothesis formulation, sampling methods, nature and sources of data, concept and problems in data collection and sampling, data analytical techniques, analyzing research reports and referencing style, validity and reliability, measurement and scaling methods, criteria for casual inferences, studies and control groups , report writing including editing, foot noting.

 

MKT 872 The On-the Job Project (3 units)

The on-the job project is a twelve-week programme spent observing a manager in challenging situation and reporting on what students observed and learned.

 

MKT 873 Strategic Marketing Management (3 units)

Perspectives and Problems of marketing management in a multi-product  firm, concept of strategic marketing, application of strategic planning to business units and functional areas of marketing, utilization of current marketing strategy, models as aids in strategy formulation, decision processes for product planning, pricing, promotion, distribution and competitive strategy.

 

MKT 874 Marketing Research (3 units)

Application of scientific methods in the study and analysis of marketing activities, research designs, data collection methods, sampling techniques, data analysis methods, measurement scales, interpretation and presentation of marketing research result.

 

MKT 876 Marketing Thought (3 units)

Contemporary marketing issues and thoughts as expressed by economist, marketers, educators, consumers and consumer advocates, historical views as well as practical marketing problems of developing countries, factors militating against the development of efficient and effective marketing systems in developing countries and possible solution.

 

MKT 892 Project (6 units)

On completion of coursework, students would write a project based on a particular area of specialization in Marketing for the fulfillment of the requirements for the program.