Risk Management

PHILOSOPHY

The success of organisations depends upon their ability to operate in the face of risks. The growing awareness of these problems means that risk management is now recognised as requiring special skills central to the functioning of organizations. The Executive Master of Business Administration (Executive MBA) programme in Risk Management is designed in conjunction with leading risk professionals, with the aim of meeting the growing demand for professionals who are highly skilled in quantitative and qualitative risk management. Students are trained to acquire core competencies in risk analysis.

 

1.2       OBJECTIVES

The Executive Master of Business Administration (Executive MBA) programme in Risk Management has the following objectives;

  1. To enhance students understanding of risks for competitive advantage.
  2. To build and improve students’ capabilities to respond effectively to low probability, critical, catastrophic risks.
  • To equip students with the understanding of risk across multiple functions and business units to enable them manage risk cost-effectively on an enterprise-wide basis.

1.3       SCOPE

The Executive MBA programme in Risk Management cuts across various areas in Finance industry. Students will complete relevant courses in business related areas in addition to project work in their areas of interest. The programme is mainly case-study and seminar driven.

 

1.4       Entry Requirements

Candidates for the Executive MBA programme in Risk Management should have the following:

  • Minimum of 3 years working experience in the industry.
  • Bachelors’ Degree or Higher National Diploma in any relevant discipline (Banking and Finance, Insurance, Actuarial Science, Economics, Accounting, Statistics, Estate Management, Mathematics, etc.)

 

Admission is twice in a year, March/April and September/October.

 

1.5       Mode of Study

The mode of study for the Executive MBA programme in Risk Management shall be by course work, organizational case studies seminars and project work

 

1.6       Duration

The duration for the Executive MBA programme in Risk Management shall be four (4) semesters.

 

1.7       Employment Opportunities

The Executive MBA programme in Risk Management prepares students to improve professionalism in Business practices and entrepreneurship development. The programme equally trains them to fill middle and senior level management positions in business, commerce, finance industry and government. With their education and training, they can set up their own businesses since the programme also emphasizes self-employment and consultancy.

 

1.8       Fee Structure

The fee is =N=210,000.00 per semester for 4 semesters.

 

 

COURSES

FIRST SEMESTER

 

Course Code              Course Title                                                                           Unit Loads

EMB 801                    Managerial Economics                                                                       2

EMB 803                    Strategic Management & Business Ethics                                          2

EMB 805                    ICT Appreciation for Decision Making                                              2

EMB 807                    Accounting Practice                                                                            2

EMB 809                    Issues in Banking and Finance                                                           2

EMK 811                    Marketing Process and Practice                                                          2

EMB 813                    Entrepreneurship & Corporate Social Responsibility                         2

EMB 815                    Research Methodology                                                                       2

Total                                                                                                   16

 

 

 

SECOND SEMESTER

 

Course Code              Course Title                                                                           Unit Loads

EMB 820        Case Studies and Analysis on Leadership in Business

Organisations                                                                                                  2

EMB 822        Case Studies and Analysis on Leadership in Banking and

Financial Institutions                                                                                      2

EMB 824        Case Studies and Analysis on Leadership in Marketing Organisations         2

EMB 826        Case Studies and Analysis on Leadership in Accounting

and Auditing Firms                                                                                         2

Total                                                                                                   8                     

 

THIRD SEMESTER

 

COURSE CODE       COURSE TITLE                                                      CREDIT UNIT

ERM 831                    Seminar Presentations in Enterprise Risk

Management I                                                                                     2

ERM 833                    Seminar Presentations in Enterprise Risk

Management II                                                                                   2

ERM 835                    Seminar Presentations in Credit Risk

Management I                                                                                     2

ERM 837                    Seminar Presentations in Credit Risk

Management II                                                                                   2

ERM 839                    Seminar Presentations in Financial Risk                                            2

Total                                                                                                   10

 

 

 

FOURTH SEMESTER (students are to choose 6 courses)

 

COURSE CODE       COURSE TITLE                                                      CREDIT UNIT

ERM 890                    Project Report                                                                         4

TOTAL                                                                                  38

 

 

COURSE DESCRIPTIONS

EMB 801        Managerial Economics                                                                     (2 Units)

Economics of and in the Decision-Making Process; Understanding the Micro and Macro Environment of Business (specifically the Macro Economic Variables); Demand and Supply; Types of Market Models; Theory of Games.

 

EMB 803        Strategic Management          and Business Ethics              (2 Units)

Concept of Strategic Management; of Strategic; Professionalism in Management; Ethical Issues in Business; and the Practice of Strategic Management.

 

EMB 805        ICT Appreciation for Decision Making                              (2 Units)

Basics of Computer; Applications of ICT in Business Problem-solving; Computer Software and Packages; The Future of Business in an ICT-driven Economy.

 

EMB 807        Accounting Practice                                                              (2 Units)         

Core Topics in Accounting Practice; Core Topics in Management Accounting Practice; Core Topics in Auditing; Core Topics in Accounting Theory and Corporate Reporting.

 

EMB 809        Issues in Banking and Finance                                            (2 Units)

Money and its Relevance to Business and the Economy; Sources of Business Finance; Bank Lending and its Implications for Business; Aspects of Financial Management/Corporate Finance; Monetary and Fiscal Policies.

 

 

EMB 813        Entrepreneurship Development and Corporate Social Responsibility                                                                                                                                        (2 Units)         

The Entrepreneur and Entrepreneurship; Personal Characteristics of Entrepreneurs; Theories of Entrepreneurship Development; Identification of ideas and Venture Capital Opportunities; Keeping Records; Writing Business Plans; Entrepreneurial Practice – Success and Failure; The Entrepreneur in Micro, Small, Medium and Large Scale Enterprises; Issues in Corporate Social Responsibility.

 

EMB 815        Research Methodology                                                         (2 Units)

Application of Scientific Methods in the Study and Analysis of Business Activities; Research Designs; Data Collection Methods; Sampling techniques; Data Analysis Methods, Measurement Scales; Interpretation and Presentation of Business Research Results; Applications of Research in Business Problem-Solving of Accounting; Banking and Finance; Management and Marketing

 

 

EMB 820        Case Studies and Analysis on Leadership in Business Organisations                                                                                                                                         (2 Units)

Cases will focus on guiding business organisations to a higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

 

EMB 822        Case Studies and Analysis on Leadership in Banking and Financial Institutions                                                                                                          (2 Units)

Cases will focus on guiding banking and financial institutions to a higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

 

EMB 826        Case Studies and Analysis on Leadership in Accounting and Auditing Firms                                                                                                                          (2 Units)         

Cases will focus on guiding accounting and auditing firms to a higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

           

EMK 811        Marketing Process and Practice                                          (2 Units)         

General Marketing Principles; Marketing Communications Systems; Consumer and Buyer Behaviour Analysis; Professionalism in Marketing Practice; Ethical Issues in Marketing.

 

EMK 822        Case Studies and Analysis on Leadership in Marketing Organisations                                                                                                                                      (2 Units)

Cases will focus on guiding marketing organisations to a higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

 

ERM 831        Seminar Presentations in Enterprise Risk Management I           (2 Units)

This will focus on the effective use of banking and financial information in business operations.

 

 

ERM 833        Seminar Presentations in Enterprise Risk Management II          (2 Units)

This will also focus on the effective use of banking and financial information in business operations.

 

ERM 835        Seminar Presentations in Credit Risk Management I                  (2 Units)

This will focus on credit requirements for borrowing from banking and financial institutions.

 

ERM 837        Seminar Presentations in Credit Risk Management II     (2 Units)

This will focus on credit risk analysis carried out by banks and other financial institutions before making lending.

 

ERM 839        Seminar Presentations in Financial Risk                           (2 Units)

This will focus on the analysis of various financial risks and how they affect selected organisations.

 

ERM890         Project Report                                                                                   (4 Units)

On completion of course work, candidate is required to write a case project report on an approved topic which will be defended before the supervisor and any other person appointed by the co-ordinator of studies (MBA Programme).