Business Administration (MSc)

M.Sc Business Administration
School of Business & Entrepreneurship

Overview

The philosophy of the programme is to provide graduate education and training in Business administration, which broadens the intellectual exposure of students in the discipline, develop their capacity to undertake rigorous and quality research in the core areas of the discipline, and apply theoretical understanding and research results to practical management situations and problems.

Objectives

The objectives of the programme are to:

  • develop the students’ skills in critical thinking and analysis, logical reasoning and research methodologies to improve their capacity in undertaking rigorous and quality research, and formulating business management policies and strategies at the organizational and national levels.
  • develop the students’ expertise in the functional areas of business administration so that they may advance the frontiers of management theory and practice and en­hance the contributions that management could make to the larger society; and
  • Provide critical manpower in the area of Management needed for national development.

 

Duration: minimum 18 months maximum 36 months

Course Descriptions

MGT 801- Management Theory

The intent of this course is to expose the students to basic issues and theories with regards to the practice of management in contemporary organizations. It examines the introduction and integration of the evolution and the development of theories and concepts, and their application in the field of management. Students are expected to critically analyse the different perspectives within the field of Management. Development of Management models (Rational goals, internal process, human relations and open systems models): organizational effectiveness, environments, technology design and performance; images of organizations and implications for research and practice; organizational ecology; institutional theories; organizational culture and climate; organizational learning and globalization of organization theory. The intent is to build a theoretical foundation for the understanding of Management issues, and provide guidance for research activities in the programme.

 

MGT 802- Research Methodology

This course is designed to sharpen the students’ skills and appreciation of organized enquiry. Topics to be covered include the following: Meaning and nature of research; comparison between research, common sense and science; Types of research; the research cycle; selecting research topics, problem and hypotheses formulation,  Research design; research instruments and Data collection, Data Analysis and interpretation; research report, Research and the issue of relevance; ethical issues in research.

 

MGT 803- Quantitative Analysis

Analytical tool is very vital to acquisition and development of managerial skill. Hence,   there is the need to expose students to basic quantitative analysis and reasoning, and its application to management decision making. Topics to be covered shall include set theory; basic concepts in probability; probability distributions; decision theory; forecasting models and techniques, linear programming (graphic and simplex methods); introduction to operation research; network models and simulation.

 

MGT - 804 Diversity and Conflict Management

This course deals with managing and resolving workplace conflicts and examines dispute resolution and conflict management in both various and non-various settings. The course covers two related topics: (1) third-party dispute resolution, including alternative dispute resolution (ADR). It focuses primarily on the use of mediation and arbitration but also deals with other dispute resolution techniques, such as fact –finding, facilitation, mini-trials, early neutral evaluation peer review, and the ombuds function; (2) conflict management in organizations, including the recent development of conflict management systems. The course reviews the factors that have caused the growth reviews the factors that have caused the growth of ADR and conflict management systems, and it provides instruction on the design, implementation and evaluation of such systems.

 

MGT 805 - Rewards and Compensation Management

The course introduces students to the theoretical and practical dimensions of wage and salary administration; industry compensation policy; compensation structure; incentive schemes and payment-by-results (PBR); performance linked compensation; benefits and services; managerial remuneration; tax planning; voluntary retirement schemes; international compensation and compensation strategies.

 

MGT 806 - Strategic Management

This course deals with theoretical and practical aspects of strategy formulation and implementation. Attention is placed on the art of strategic thinking leading to creativity and innovation as well as the rational strategic planning process. Among the topics covered are the following: analysing industry structures and dynamics; assessing positions, actions and reactions of competitors; processes of strategic planning, technology strategy and e-business, process re-engineering and corporate turnaround. Case writing and analysis are fundamental to this course.

 

MGT 807 - Global Economic Environment

This situates Nigerian Economy within the broader global economy. It examines the implementation of the movement towards free market economy on stakeholders including business, government, consumers, labour and public. The course takes a multidisciplinary approach drawing from international politics, economy, and finance, cross-cultural and business management. Topics to be covered include Strategic aspects of international trade, globalization / international institutions, industrialization strategies, determinants of economic growth and poverty reduction in Africa; global power and wealth distribution; lessons from Asian and Mexican financial crises; multilateral negotiations, global culture and information technology, exchange rates / inflation/interests rates.

 

MGT 808 - Economic Theory

This course provides students with an overview of such economic theories as national income determination, national income accounting, fiscal and monetary policies and investment function, products, money market, and their general equilibrium, consumer behavior, theory of the firm, welfare economics, and market organization. Upon completion of this course, the students will understand: international income transmission, balance of payments, national growth and development, inflation, employment, and macroeconomic policies including the theories of: capital, interest, and production.

 

MGT 809 - Strategy and Structure

The course will build on a base of the study of organizations and focus on the ways organizations are structured to suit the evolving strategies and the mutual impact of strategy and structure.

 

MGT 810 - Comparative Management

The course focuses on the international dimension of business, including trade, financial and foreign investment patterns, and problems and policies at the corporate and national levels. It covers theoretical, institutional and case analyses of major issues, including the impact of international codes and organizations on corporate policies in home and host countries, the effect of changing governmental policies on strategies for managing international operations. Using a wide range of data sources, cases, and other empirical studies, each student will prepare an individual study of a specific company and country.

MGT 811 - Organizational Behaviour

This course is designed to aid students in understanding organizations both at the Micro and Macro levels. Specifically, this course examines rigorously, the structure, function, and people in organizations and society. Topics include organizational dynamics – micro and macro perspectives; organizations and the systems concept; organizational entry, motivation and job satisfaction, bases of individual attitudes and behaviours in organizational settings, individual and their relationships in organizations; and group and inter group behaviours.; organizational structures; Typology/Taxonomy of organizations; organizational efficiency and effectiveness; organizational politics; organizational change and development; technology and organizational structure; organizations and environment; organizational design.

 

MGT 812 - Management Information System (MIS)

This course is designed to expose students to the practical application of computers to management information processing. The course provides the steps followed in the utilization of electronic data processing (EDP) system in producing financial and management information, in feasibility studies, system analysis, system design and system implementation for computerized accounting system. Among other things, the course will examine the following issues: Elements of computing mechanical and electronic, types of computers and their applications, computer programming using either COBOL or FORTRAN, data processing manual and mechanized systems, system analysis and design, evaluation and administration of MIS with emphases on computer based systems, meaning of information technology and its application in business finance and management.

 

MGT 818 - MSc Seminars

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

 

MGT 899 - Thesis/ Research Project

The research project is designed to provide students with the opportunity to undertake independent research of an industrial and labour relation issue and to develop the ability to express their ideas in an organized form. This is normally done over two semesters.

 

 

ELECTIVE COURSES

MGT. 813 - Business Policy 

This course deals with the corporate management of the business enterprise. The first part of this course focuses on the nature and dynamics of business policy, the strategy concept, missions and objectives. The rest of the course covers the strategic planning process, stakeholder or management, techniques for strategic appraisal, SWOT, industry and competitive analysis, portfolio analysis, development of strategic options, turn over and recovery strategies, mergers, acquisitions and divestment.

MGT. 814 - Economy and Industry Analysis 

The basis of formulating strategy is the assessment of the environment in all it dimensions. The course will focus on the study use of concepts and techniques used in environmental and industry analysis and in identifying trends and changes in the environment. These will include, economic, social and technological forecasting, Delphi methods, Scenario.

MGT. 815 - Operations Management

Topics include aggregate planning methods with emphasis on the mathematical model; seasonal production planning and work force planning. Integration of planning and scheduling levels in hierarchical systems. Determination of capacity in services systems; services design and services mix problems. Concepts, models and theories relevant to the management of the processes involved to provide goods and/or services to consumers in both the public and private sectors; production, inventory and distribution functions, scheduling of services or manufacturing activities; facilities planning and device of technology.

MGT. 816 - Business Law

This course provides an overview of various laws – Nigerian as well as Other International laws; the hierarchy of laws and courts; as well as contracts, negotiable instruments and Uniform Commercial Code. This course reviews the different types of business associations; as well as such other doctrines and business legal terminologies like doctrine of ultra vires, piercing of corporate veil; corporate dissolution, mergers and takeovers, as well as memorandum and articles of associations, prospectus, shares, share capital, debenture.

MGT 817- Corporate Finance

This course is designed to introduce students to an advanced treatment of theories and its three decision areas of financing, investment and dividend. The course therefore examines the effects of various corporate financial policy decisions (e.g. capital structure, working capital, and capital budgeting and dividend policies) on the values of the firm. Issues to be thus examined include:- Financial structure, capital structure, market valuation of risky assets under uncertainty, risk and uncertainty management strategies, capital budgeting, operation of capital market and money market, analysis for investment in securities, portfolio theories and the concept of diversification, efficient market theory, cost of capital, dividend policy, corporate financial problems e.g. leasing, mergers, and of new securities, the institution of Zakat, the insurance debate and the non-interest banking and financial system.

 

MGT 819 - International Business Management

The course focuses on the international dimension of business, including trade, financial and foreign investment patterns, and problems and policies at the corporate and national levels.  It covers theoretical, institutional and case analyses of major issues, including the impact of international codes and organizations on corporate policies in home and host countries, the effect of changing governmental policies on strategies for managing international operations. Using a wide range of data sources, cases, and other empirical studies, each student will prepare an individual study of a specific company and country.

Admission Requirement
Tuition Fees