Lagos Business School: Courses & Requirements

In the centre of excellence lies this astounding edifice of learning. Located in the heart of Lekki, the Lagos Business School was established in 1991. It is a graduate business school set up by the Pan-African University, Nigeria to offer academic, executive and short-focused programmes to graduates who wish to distinguish themselves in today’s economic environment where business and management leadership is a necessity. The institution is a member of the Association of African Business Schools (AABS) and the Global Business Schools Network (GBSN), among others.

Lagos Business School Courses and Requirements

If you desire an MBA or a post-graduate degree in Management from a top institution, this should definitely be on your list. In case you’re wondering what courses are offered and what is required of you, this guide presents you with all the information you need regarding the programmes offered and their respective requirements. First, you should know that Lagos Business School offers both academic and executive education programmes, as outlined below;

• Academic Programmes: These include the Full-time MBA, Executive MBA and the Modular Executive MBA.
• Executive Education: On the other hand, include Advanced Management Programme, Agribusiness Management Programme, Chief Executive Programme, Customized Programmes, Management Acceleration Programme, Open Seminars, and Owner Management Programme. We’ll look at the details later.

Lagos Business School: Programme Structure

The MBA programme at the Lagos Business School follows structure below;

• Brush Up: This is a preparatory module with which you’re expected to kick start your programme. It provides a foundational experience ahead of your MBA courses. You will be exposed to sessions in Business, Accounting, Mathematics, English, and Quantitative Analysis. Brief sessions are also organized on business etiquette and dress sense so that you can always comport yourself properly anywhere you are, as an ambassador of the school. It lasts for four (4) weeks in the month of September.
• Year One: This is the first year of your programme. You must ensure to take all the courses offered in the curriculum for the year. It is divided into three (3) semesters, each lasting three (3) months; October-December, January-March and April-June.
• Internship: The internship is a 3-month on-field exercise that allows you to gain exposure in the business world and apply the knowledge you must’ve learnt in your first year.
• Year Two: Here, you’re given the freedom to choose elective courses which you can take at school or at an exchange programme which the school runs with any of its strategic partners.

At the end of the programme, you can only graduate if you’re able to attain the stipulated minimum credits as distributed below;

• Core Courses: 60.5 credits
• Internship: 6 credits
• Electives: 12 credits

Lagos Business School: Departments to choose from

The school has the following department in its faculty;

1. Accounting
2. Analysis of Business Problems
3. Business Ethics
4. Corporate Governance
5. Economics
6. Entrepreneurship
7. Finance
8. Human Resource Management
9. Management Information Systems
10. Operations Management
11. Sales and Marketing
12. Social and Political Economy of Business
13. Strategy

Lagos Business School MBA Admission Requirements

You may be asking yourself if you’re qualified to apply for an MBA. It is not that hard to get in. All you need to possess are as follows;

• Five (5) credit passes including English and Mathematics in O’ Level for Anglophone applicants.
• Minimum of Second Class Lower Degree from a duly recognized University.
• At least three (3) years post-qualification work experience.
• Competitive GMAT or GRE score
• Clearly demonstrated intellectual capacity, professionalism, effective decision-making, maturity, and problem-solving potentials, as will be assessed during an interview.

Required Documents

• Completed application form
• Three (3) reference forms (which should only be sent by the referees).
• Copies of O’level and University degree certificates (statements of results also accepted).
• Official Transcripts (should be sent directly to the school after confirmation of admission).
• Curriculum Vitae
• Copy of NYSC Discharge Certificate or Exemption Letter (Nigerians only).
• Passport Photograph

Let’s now take a look at some of the Executive Educational Programmes available at LBS.

Custom Programmes

One unique factor about the Lagos Business School is its focus on the individual’s unique potential. The solutions to your needs are often personalized and very impactful through the custom programmes. These programmes are created to transform minds and influence people to become knowledgeable leaders, who can then go on to cause positive transformations in their organizations. With a blend of scholarly research and practical learning, the school, through its custom programmes, is poised to provide a uniquely designed experience that will broaden your horizon and expose you to new ways of doing business.

Owner Manager’s Programme

This, on the other hand, is designed for people who own and manage small and medium-scale businesses and organizations. You will find experts and counterparts, with who you can exchange experiences on key management issues so that you can return to your business better equipped with competitive skills that can help you take your business to the next level. If you’re looking for a programme that can teach you new and innovative skills to better position your business, this is it.

Senior Management Programme

The complex nature of business in Nigeria has led to organizations seeking new ways to thrive above the structural and competitive hurdles. Therefore, organizations are increasingly in need of managers who can identify, analyze and seek out appropriate solutions to problems as they arise on a daily basis. There is a growing focus on teamwork and quality leadership in large businesses and corporations, and therefore the need for senior management training. Hence, the Senior Management Programme by the Lagos Business School to meet these needs of organisations. The programme has the following schedule;

• First Run: 18 February – 13 June
• Second Run: 3 June – 26 September
• Third Run: 6 August – 28 November
• Fourth Run: 10 November 2014 – 18 April 2015 (Modular)

Advanced Management Programme:

This programme is focused on top directors and executives. These are people who are not just concerned about performing as individuals, but how to harmonize the different departments and units in the organizations they head. There is also a high level of experiential learning, as you can interact with other directors and top executives like you on challenges facing your business.

Other programmes include the Chief Executive Programme, International Management Programme, Management Acceleration Programme, Young Talents Programme, as well as Open Seminars.

Lagos Business School Courses: Additional Details

Popularly called LBS, the Lagos Business School is one of the foremost business schools in West Africa.

The school is the graduate business school of the Pan Atlantic University and it is known for its quality and high standards in management education.

LBS was the first business school in Africa to be accredited by the Association for Advanced Collegiate School of Business (AACSB)

The history of LBS can be traced to the early 90s when the Centre for Professional Communication (CPC) was established. It has since grown to become the one of best business schools in West Africa.

The Financial Times ranks LBS as the number 3 in Africa. Also, in 2017, LBS was placed 55th in the Financial Times’ ranking of top open enrolment programme providers worldwide and it has maintained this position since 2006
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Currently, LBS offers the following programmes:

• MBA
• Modular Executive MBA
• Executive MBA
• Executive Programmes
• Custom Programmes
• Open Seminar

MBA

The Lagos Business School MBA programme is a standard programme that is in line with global best practice without neglecting professionalism and high ethical standards.

The focus of the MBA is to develop responsible leaders for Africa starting from Nigeria.

Prior to be considered for admission, you have to meet the following requirements

• Five credit passes including English and Mathematics at the Ordinary Level for Anglophone countries.
• A minimum of second-class lower university degree from a recognised university
• Minimum of three year’s post-qualification work experience
• Competitive GMAT or GRE score. When taking the GMAT, the name of the programme must be specified (e.g. MBA). The GMAT identification code for the Lagos Business School MBA is 8NM– K2 – 36 while the GRE code is 1744 PanAtlantic University Lagos Business School
• Demonstrated intellectual capacity, professionalism, maturity and effective decision-making and problem-solving potentials assessed during an interview

You will also need to present the following application documents:

• A completed application form
• Three reference forms (these may also be sent directly by the referees)
• Copies of O’Level and university degree certificates (statements of results are acceptable)
• Official Transcripts sent after you have been admitted (these may be sent directly by your former school)
• Curriculum Vitae
• Copy of the NYSC Certificate or Letter of Exemption (for Nigerians only)
• A passport photograph

Usually the application process takes about four month and it cost N2,511,630 per session and there are two sessions. Typically, the fees cover tuition and course materials and can be paid in three installments at the beginning of each semester.

There are also scholarships opportunities but they are few. Students are awarded these aids based on financial need and merit. Candidates can apply for a scholarship once they have been offered a place on the programme.

The School does not provide accommodation, but we can assist you with information on how to find suitable housing around the School. Students typically share flats with other students at a rate of N200000 – N550000 per person/annum. Monthly expenses after paying the rent could be as from N30000. ​ Some of the features of the programme are highlighted below:

• Three years minimum work experience is mandatory for all candidates
• The programme length is 18 months. You have to complete 15 months of in-class study and at least 72 credit hours of coursework to successfully complete the programme. There are three semesters in all; two semesters in the first academic year, one semester in the final year.
• The last semester is an elective semester and students can choose to participate in a student exchange program with our partner schools abroad or offer electives locally.

In the course of your MBA, students are also expected to undertake an action learning project. In this case, groups of students will be required to review the operations of a selected small and medium enterprise (SME) and help design what will take the firm to the next level.

Executive MBA

The Executive MBA also known as EMBA is an intense programme that is designed to prepare potential executives for senior leadership.

The programme provides an analytical and integrated understanding of business management which allows participants to apply learning and project work directly to their own organisations, while building a strong network of like-minded colleagues across a wide range of industries.

The goal of the EMBA is to create an environment where participants can learn how to handle difficult real-life problems by probing, discussing and working together as a team towards achieving a deeper insight and solving organization problems.

The EMBA is best for people in full-time employment in positions as it enables them apply what they learn while they complete their academic programme. The exposure offered by the EMBA is a well rounded experience that gives participants a balanced view of life.

The programme cost N3,500,000 per session. The fee is payable in installments at the beginning of each semester, and it covers tuition and course materials. The fee is also subject to periodic reviews.

The programme is delivered in six 14-week semesters spread over two sessions for a period of 24 months. A session begins in January and ends in December. Classes hold on Fridays from 1.30 p.m to 7.45 p.m. and on Saturdays from 9.00 a.m to 1.45 p.m. In addition, there is a five-day intensive week once every semester, where classes hold from 9.00 a.m to 3.30 p.m. from Monday through to Friday. There are no classes on the Saturday following an intensive week.

Executive education at LBS is comprehensive, drawing on experiences of multinational faculty and participants. Our system of teaching ensures that participants gain management knowledge and skills, by employing the case-study method and group-work approach to learning. We believe in learning by doing.

Apart from the MBA and EMBA, there are some other programmes you can enrol in at LBS. These include:

• Advanced Management Programme
• Owner Manager Programme
• Senior Management Programme
• Chief Executive Programme
• Management Acceleration Programme
• Agribusiness Management Programme and
• Global Chief Executive Programme

You can visit the LBS website for more information on these courses.