Taxation

PHILOSOPHY

The philosophy underlying the EXECUTIVE MBA TAXATION programme is that taxes are important for development and people must be trained on how to identify, generate and account for it. Individuals and organisations liable to pay taxes must comply with taxation laws. For Nigeria, oil has not been a blessing as the discovery of oil has misguidedly led to the abandonment of other natural resources and sources of revenue to the government. Good judgment suggests that Government must look for some more reliable and permanent sources of revenue. Government in 2007 embarked on extensive tax reforms designed to boost revenue from taxes. The Executive MBA Taxation is therefore designed to sharpen the skills of employees in senior management positions in government generally and the various Tax Authorities in particular for more effective performance in order to ensure enhanced tax revenue for the government. It exposes students to various aspects of Tax Administration in line with Laws of the land and with particular emphasis on the Tax Reform Programme of the Government.

 

1.2       OBJECTIVES

The specific objectives of the programme are;

  1. To expose students to both general and specialized courses in Taxation,
  2. To provide students the opportunity of obtaining practical experience to solve accounting problems with emphasis on Taxation.
  • To update the student’s knowledge of Tax generally and Tax Reforms in particular.

 

1.3       Entry Requirements

Candidates for the Executive MBA programme in Taxation should have the following qualifications:

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

 

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

1.4.      Mode of Study

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

 

1.5       Duration

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

1.6       Employment Opportunities

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

1.7       Fee Structure

The fee is N210,000 per semester for 4 semesters.

1.8       SCOPE

The Executive MBA in Taxation covers the core MBA business courses, in addition to a minimum of 38 credit units in the third and fourth semesters covering the special areas made up as follows:

 

COURSES

FIRST SEMESTER

 

Course Code              Couse Title                                                                             Credit Units

EMB 801                   Managerial Economics                                                                       2

EMB 803                    Strategic Management and Business Ethics                                       2

EMB 805                    ICT Appreciations for Decision Making                                            2

EMB 807                    Accounting Practice                                                                            2

EMB 809                    Banking and Finance                                                                          2

EMT 811                     Marketing Process and Practice                                                          2

EMB 813                    Entrepreneurship and Corporate Social Responsibility                      2

EMB 815                    Research Methodology                                                                       2

TOTAL                                                                                              16

 

 

 

 

 

SECOND SEMESTER

 

Course Code                          Course Title                                                   Credit Units

EMB 820                    Case Studies and Analysis on Leadership in

Business Organizations                                                           2

EMB 822                    Case Studies and Analysis on Leadership in

Banking and Financial Institution                                          2

EMB 826                    Case Studies and Analysis on Leadership in

Marketing Organizations.                                                       2

EMP 822                     Case Studies and Analysis on Leadership in

Accounting Organizations                                                      2

TOTAL                                                          8

 

THIRD SEMESTER

 

Course Code                                      Course Title                                       Credit Units

ETX 831                     Seminar Presentations on Logistics and

Operation of Tax Administration                                           2

ETX 833                     Seminar Presentations on Sustainability

Taxation                                                                                  2

ETX 835                     Seminar Presentations on Global Tax Practice and

Administration                                                                        2

ETX 837                     Seminar Presentations on Tax Accounting

Budgeting                                                                               2

ETX 839                     Seminar Presentations on Tax Laws                                      2

TOTAL                                                                      10

 

FOURTH SEMESTER

 

 

Course Code              Course Title                                                               Credit Units

ETX    890                  Project Report                                                                         4

TOTAL UNITS                                                         38

 

 

 

COURSE DESCRIPTIONS

 

EMB 801        Managerial Economics                                                                     (2 Units)

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

EMB 803        Strategic Management and Business Ethics                                   (2 Unit)

Concept of Management, Principles of Management, Professionalism in Management; Ethical Issues in business and practice of strategic management.

 

EMB 805    ICT Appreciations 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 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.

 

EMB 813        Entrepreneurship 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 Design; 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 Organizations                                                                                                     (2 Units)

Cases will focus on guiding business organizations to 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 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 Offices and Organizations.                                                        (2 Units)

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

EMP 822 Case Studies and Analysis on Leadership in the Federal Inland Revenue Service                                                   (2 Units)

Cases will focus on guiding the Federal Inland Revenue Service to higher productivity, managing people and conflict resolution. Others include issues on effective leadership skills, ethics, emotional intelligence, creative thinking etc.

 

ETX 831 Seminar Presentations on Logistics Operation of Federal Inland Revenue Service                                                  (2 Units)

The internal organization of the Federal Inland Revenue Service, Tax Budgeting, Tax Accounting, Problems associated with Tax Administration; Implementing the Tax Reforms

ETX 833   Seminar Presentations on Sustainability Taxation (2 Units)

Overview of environmental issues in Taxation designed to identify the social and environmental factors associated with Tax Administration and measure to resolve dispute between two Tax Authorities or individuals.

ETX 835  Seminar presentations on Global Best Practices of Taxation                                                                                                             (2 Units)

Cross Boarder Tax Administration, Taxation of Non-Resident, Double Taxation Reliefs and Cross border Cooperations between Tax Authorities of Countries.

 

ETX 837         Seminar Presentations on Tax Administration                  (2 Units)

Structure of the Federal Inland Revenue Service, Composition of the Board of the Federal Inland Revenue Service Operating Modalities of the Federal Inland Revenue Service, Financial Autonomy of the Federal Inland Revenue Service, Productivity and Efficiency of the Federal Inland Revenue Service, the Future of Tax Administration and the Federal Inland Revenue Service

 

ETX 839Seminar Presentation on Government Financial

Regulations                                                                                        (2 Units)

Features of Government Financial Regulations; Essence of Financial Regulations in Government. Financial Regulations in Relation to Budgeting in Government Establishments; Presentation and Approval of Budget; Budget Defense and Implementation; the Department of Budget and Planning.

 

ETX 890                     Project Report                                                                       (4 Units)

On completion of the course, students will be required to write a project based the area of specialization which synthesizes a student’s learning that demonstrates their fulfillment of the award of MBA in Taxation.