Lagos Business School: Courses, School Fee, Location & More

If you’re on the lookout for a reputable institution to enrich your knowledge in entrepreneurship, management, and business administration, look no further than Lagos Business School (LBS) in Nigeria. In this article, we’ll delve into the various aspects of LBS, including its courses, fees, location, and admission requirements, providing you with a comprehensive overview of this esteemed institution.

LBS at a Glance:

Established in 1991 as the Centre for Professional Communications under Pan Atlantic University, Lagos Business School has grown to become Nigeria’s premier business school. Renowned for its exceptional quality of education, LBS has even secured a spot among the top 40 in the 2020 Better World MBA ranking. The school is a proud member of esteemed networks like the Global Business Schools Network (GBSN) and the Association of African Business Schools (AABS), boasting the distinction of being the first African business school accredited by the Association for Advanced Collegiate School of Business (AACSB).

Location:

Situated in the vibrant city of Ajah, Lekki, within Lagos State, LBS offers a conducive environment for learning and networking, ensuring that students have access to a rich academic experience.

Academic Programs:

LBS offers a diverse range of academic and executive education programs, catering to different needs and career aspirations:

  1. Academic Programs:

    • Full-time MBA
    • Executive MBA
    • Modular Executive MBA

  2. Executive Education:

    • Advanced Management Programme
    • Agribusiness Management Programme
    • Chief Executive Programme
    • Customized Programmes
    • Management Acceleration Programme
    • Open Seminars
    • Owner Management Programme

Course Modules:

LBS courses are structured into four modules, each offering a unique set of skills and knowledge:

  1. Basic Management Disciplines Module:

    • Human Resources Management
    • Marketing
    • Finance
    • Entrepreneurship
    • Operations Management
    • Management Information Systems
    • Corporate Financial Accounting
    • Cost and Management Accounting

  2. Elective Module:

    • Oral Presentation Skills
    • Coaching and Mentoring
    • Social Skills for Business Performance
    • Managing Executive Health
    • Organizational Diplomacy
    • Work-Life Balance
    • Business Continuity Planning
    • Leadership Skills

  3. Personal Effectiveness and Working in Groups Module:

    • Project Management
    • Business Games
    • Team Building
    • Negotiation

  4. Decision Making Considerations and Business Integration Module:

    • Business Ethics
    • Economic Analysis
    • Business Problem Analysis
    • Social-Political Environment of Business
    • Business Policy

Departments:

LBS is equipped with various departments, each contributing to a holistic business education:

  1. Accounting
  2. Business Analysis
  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

MBA and EMBA Programs:

LBS offers two flagship programs aimed at nurturing leaders with a global perspective:

  1. MBA Program: The Full-time MBA program follows international best practices while instilling professionalism and ethical standards. It’s designed to develop noble leaders for Africa, starting from Nigeria.
  2. Executive MBA Program (EMBA): The EMBA program prepares students to be transformational business leaders in a dynamic corporate environment. It’s tailored for working professionals, allowing them to apply their learning in real-time.

Fees and Financials:

The Full MBA program costs N5,023,260, payable in installments, and covers tuition and course materials. The EMBA program costs N3,500,000 per session, also payable in installments. The fees exclude accommodation and other charges.

Admission Requirements:

To be considered for admission, applicants should meet these criteria:

  1. WAEC Certifications: Five credit passes, including English and Mathematics.
  2. Second-Class Lower University Degree: Minimum of a second-class bachelor’s degree.
  3. GMAT or GRE: A good performance on either exam.
  4. Post-Qualification Experience: At least 3 years of professional work experience.
  5. Interview: Demonstrate intellectual prowess, professionalism, and problem-solving abilities.

Application Documents: Applicants need to submit:

  • Completed application form
  • Three reference forms
  • Copies of O-Level and university degree certificates
  • Official transcripts
  • Curriculum Vitae
  • NYSC Certificate or Letter of Exemption (for Nigerians)
  • Passport photograph

Conclusion:

Lagos Business School stands as a beacon of excellence in business education in Nigeria. With its diverse programs, esteemed faculty, and commitment to producing ethical business leaders, LBS provides a transformative learning experience that equips you for success in the dynamic world of business.

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