Blending theory with real-time entrepreneurship experience under the guidance of faculty mentors is the AUN difference.
Top faculty mentors for the ENT 201 (Entrepreneurial Field Experience), an SBE program designed to give students hands-on knowledge of managing a real-world business, say this premium service is at the heart of the Development University mantra. Drs. Hassan Yusuf and Lukman Raimi spoke to our team after guiding their wards to launch this fall semester's campus enterprises.
Alpha-chow is an integrated business outfit, offering a friendly and unique paintball competition, where two teams with two players each compete to the admiration of others.
The Hotspot is a business concept created to offer tasty pastries and a variety of cocktails local brews such as Zobo and Kunun Aya.
Chair of the Entrepreneurship program, Dr. Yusuf, said providing startup capital for AUN students to fund their field-experience enterprises (FEE) makes AUN an exceptional factor in developing Nigeria's entrepreneurship culture.
"We pride ourselves that the AUN entrepreneurship program is unlike any other in Nigeria," he told the audience where he stood in for Dean Attahir Yusuf of SBE at the formal launch of the FEE on October 14.
Dr. Yusuf expressed the hope that students would judiciously deploy the fund, warning that their focus must shift from the expected Return on Investment (ROI) to the lessons to be learned.
"And not only will you return the principal at the end of the semester which serves as your financial year, but you are also going to make serious returns on that investment."
However, he warned that their focus should shift from the expected ROI to the lessons to be learned.
Course instructor, Dr. Raimi, said entrepreneurship needs to go beyond classroom teaching to real-life analysis.
This course would make it easy for students to blend into the real world of business, he said, adding that at the end of the day, the students would have acquired transferable skills in sales, marketing, financial management, record-keeping, crisis management, and consensus-building.