Business Administration

The programme requires a minimum of 168 credit units distributed as follows:

100 Level

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 101

Basic Mathematics I

2

2

BUS 111

Introduction to Business I

3

3

BUS 121

Principles of Business Administration I

2

4

BUS 131

Introduction to Computer

2

5

GES 111

Communication in English I

2

6

GES 113

Nigeria People and Culture

2

7

GES 121

Use of Library, Study Skills and ICT

2

8

GES 115

History and Philosophy of Science

2

9

ECO 101

Principles of Economics

2

10

ACC101

Principles of Accounting

3

11

BAF 101

Principles  of Finance

2

TOTAL

24

                             

Second Semester 100L Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 102

Basic Mathematics II

2

2

BUS 112

Introduction to Business II

3

3

BUS 122

Principles of Business Administration II

3

4

BUS 132

Introduction to Industrial/Business Psychology

2

5

GES 122 

Communication in English II        

2

6

GES 112

Logic, Philosophy, and Human Existence

2

7

GES 123      

Basic Communication in French

2

8

GES 142

Community Service

1

9

THG 172

Introduction to Church History

2

10

BAF 112

Introduction to Money and Banking

2

11

MKA 102

Principles (element) of Marketing

3

TOTAL

24

 

 

200 Level

First Semester Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 201

Business Statistics

3

2

BUS 211

International Management

3

3

BUS 221

Elements of Government

2

4

BUS 231

Business/Commercial Law I

2

5

GES 221

Peace Studies and Conflict Resolution

2

6

GES 223

Entrepreneurship and Innovation

2

7

THG 211

Spiritual Theology and Catechesis

2

8

ACC 201

Financial Accounting & Reporting I

3

9

ECO 201

Introduction  to Microeconomic Theory I

2

TOTAL

21

Second Semester 200L Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 202

Innovation Management

3

2

BUS 212

Quantitative Techniques

3

3

GES 212

Business Creation and Growth

2

4

THG 272

Social Teaching of the Church

2

5

ACC 212

Financial Accounting & Reporting II

3

6

ACC 222

Cost & Management Accounting

3

7

ECO 202

Introduction  to Microeconomic Theory II

2

TOTAL      

18

300 Level

First Semester Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

2

BUS 311

Elements of Management

2

3

BUS 321

Human Resource Management

2

4

BUS 331

Business/Commercial Law II

2

5

BUS 341

Industrial Relations

3

6

BUS 351

Small Business Management

3

7

BUS 361

Financial Management

2

7

ECO 361

International Economics 1&2

3

8

ECO 311

Macroeconomic Theory I   

2

TOTAL      

20

Second Semester 300L Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 302

Organizational Behaviour

3

2

BUS 312

Management Theory

3

3

BUS 332

Research Methods in Business

3

4

BUS 342

Analysis for Business Decision making

3

5

BUS 352

Production/Operations Management

3

6

ECO 312

Macroeconomic Theory II   

2

7

ENT 312

Entrepreneurship

2

TOTAL      

19

400 Level
First Semester Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 401

Business Policy and Strategy I

3

2

BUS 411

Corporate Planning

3

3

BUS 421

Seminar in Business Administration

1

4

BUS 431

Business Communication Skills I

3

5

BUS 441

Total Quality Management

3

6

BUS 451

International Business

3

7

BUS 461

Globalization and Business

3

TOTAL      

19

Second Semester 400L Course Offerings

S/N

Course Code        

Course Title                                            

  Credit Units

1

BUS 402

Business Policy and Strategy II

3

2

BUS 412

Contemporary Management Issues

3

3

BUS 422

Management Information System

3

BUS 432

Business Communication Skills II

3

5

BUS 442

Business Ethics

3

6

BUS 452

Research Project

6

TOTAL      

21

Detailed Course Description

100 Level First Semester     

GES 111 Communication in English I: (2 Units: LH 30)
Effective communication and writing in English Language skills, essay writing skills (organization and logical presentation of ideas, grammar and style), comprehension, sentence construction, outlines and paragraphs. The course is designed to impart the communication skills in the medium of English. Emphasis is on introducing students to English for Academic purposes and specifically focuses on: Listening and Note taking; Speaking kills (sounds of English, stress, intonation and rhythm); Reading Skills and strategies such as skimming and scanning,  SQ3R, KWL, CATAPULT, THIEVES, etc); and essentials of English grammar. The concentration of this course is equipping students to develop appropriate language skills necessary for academic purposes. 

GES 113: Nigerian Peoples and Culture (2 Units: LH 30)
Study of Nigerian history, culture and arts in pre-colonial times; Nigerian’s perception of his world; Culture areas of Nigeria and their characteristics; Evolution of Nigeria as a political unit; Indigene/settler phenomenon; Concepts of trade; Economic self-reliance; Social justice; Individual and national development; Norms and values; Negative attitudes and conducts (cultism and related vices); Re-orientation of moral; Environmental problems. The course should emphasis some aspects of Nigerian political economy as critical in understanding Nigerian peoples and cultures.

GES 121: Use of Library, Study Skills and ICT (2 Units: LH 30)
Brief history of libraries; Library and education; University libraries and other types of libraries; Study skills (reference services); Types of library materials, using library resources including e-learning, e-materials, etc.; Understanding library catalogues (card, OPAC, etc.) and classification; Copyright and its implications; Database resources; Bibliographic citations and referencing. Development of modern ICT; Hardware technology; Software technology; Input devices; Storage devices; Output devices; Communication and internet services; Word processing skills (typing, etc.).

ECO 101   Principles of Economics  (3 credit units)
An introduction to the various issues, the nature of economic science, the methodology of economics, major areas of specialization in economics, stressing historical development of ideas, major findings in the various areas of specialization, elementary principles of micro and macro-economics, current issues of interest and probable future developments.

 

GES 115 History and Philosophy of Science (2 credit Units: LH 30)
Scientific evolution of man: the history of science, classification; scientific methods and the various areas of science and technology. Science and the environment: environmental effects of chemical plastics, textiles, waste and other material, chemical and radioactive hazards; elements of environmental studies; terrestrial and cosmic life; ecology and types of habitat: climate and vegetation; Energy resources: fossil fuels, nuclear energy and renewable energy resources; the Nigerian energy reserves. Characteristics of living things; cell and tissue biology; biochemistry and cellular metabolism;  taxonomy of living things; Engineering technology and socio-economic development of Nigeria; the effect of adequate and stable electric power supply and satellite communication technology on the technological development of Nigeria;  The interaction between science and technology; Social and ethical implications of advances in science and technology; automated industrial plants; satellite technology; space technology; genetic engineering technology; weapons of mass destruction (WMD); health education.

BUS 101: Basic Mathematics I (2 Units: LH 30)
Number systems. Indices, surds and logarithms. Polynomials. Remainder and factor theorems. Polynomial equations. Rational functions. Partial fractions. Fields. Ordered fields. Inequalities. Mathematical Induction. Permutations and combinations. Binomial theorem. Sequences and series. The quadratic equation and function. Relation between the roots and the coefficients. Complex numbers. Addition. Subtraction, Multiplication and division. Argand diagram. De-Moivre’s theorem, n-th roots of complex numbers. Elementary set theory. Venn diagrams and applications. De-Morgan’s laws. Trigonometry. Elementary properties of basic trigonometric functions. Addition formulae and basic identities. Sine and cosine formulae. Half angle formulae. Area of a triangle. Solution of trigonometric equations. Inverse trigonometric functions. Functions. Concept and notation. Examples. Composition, Exponential and logarithmic functions. Graphs and properties. Limits and continuity. Techniques for finding limits. The derivative. Calculation from first principles. Techniques of differentiation. Chain rule. Higher order derivatives. Extremum problems. Mean-value theorem. Applications. Indeterminate forms and L’ Hospital’s rule. Taylor’s and MaClauren’s series. Curve sketching. Integrations as the reverse of differentiation, as area, as limit of finite sums. Definite integrals. Properties of definite integrals. Applications.

BUS 111/121: Introduction to Business I (3 Units: LH 60)
This course is offered at both semesters. Topics covered include: the Scope of business: the Character of business from social, legal and economic perspectives. Forms of ownership, organization and Management. Marketing, Production, Finance and Accounting Functions, Government and Business. The Social responsibility of business. International business. Problems of Nigerian business enterprises.

 

BUS 131: Introduction to Computers (2 Units: LH 15, PH 15)
History and Development of Computer Technology. The Why and How of Computers. Computer Types: Analog, Digital, and Hybrid. Central Preparation Equipment’s: Keypunch, Sorter etc. Data Transmission, Nature, Speed and Error Detection. Data Capture and Validation including Error Detection. Systems Analysis and Design. The Programming Process: problem definition, flow charting and decision table. The course offers general introduction to Computer Science; Evolution of computers and computer technology: generations and classification of computer architecture; hardware and software techniques and applications; Components of a computer system; Basic concepts of computer algorithms, programming languages, and programming; Introduction to computer networks; Use of keyboard and mouse as input devices; Windows, word processing, spreadsheets, and presentation slides; Organization chart of computer centre, categories of  computer application, use of computers, advantages and disadvantages of computers, introduction to word processing Data communication (Basic concept and methods, of Computer networks, Internet and E-mail concept), Data processing (properties, Type of processing; Batch processing), Number representation (Binary mathematics, Number conversion), computer Viruses and protections; Application of computers in social and natural sciences, humanities, education, and management sciences are all covered. The course also offers hands on practice using Microsoft Word, Excel, and PowerPoint.

 

BUS 131 Business Mathematics I (3 credit units)
Basic notions in Numeric Analysis: the number systems; integers, properties of integers, rational and irrational numbers, complex numbers. Mathematics and symbolic logic: Inductive and deductive systems; Simple and compound statements, Truth tables. Elementary set theory: subsets, union, intersection, complements, Venn diagrams. Simple sequences and series, finite and infinite series, convergent and divergent series, Arithmetic and Geometric Progression. Permutations and combinations. Theory of quadratic functions, binomial theory, and equations. Algebraic and Transcendental Function. Functions of real variables, graphs, limits, and continuity. Expansion of Algebraic Function with Application in Business Studies. Basic trigonometry: trigonometric functions and their inverses. Inequalities. Power, exponential and logarithmic functions. Matrix Algebra: vectors and matrices. Differences Formula (Equal and Unequal Intervals). Interpolation and Summation Techniques, Coordinate Geometry. Cartesian and Polar Coordinates; Area of Triangles and Quadrilaterals. The Circles, Parabola, Ellipse, and Hyperbola.

BUS 121 Principles of Business Administration I (2 credits units)
To help the learner gains an insight into various forms of business organizations, their operations, the functional areas within these organizations and how they relate. The course also aims at introducing students to the environment of modern business organizations and the appreciation by students of  the relationships and interactions of different areas of business.

  • Nature and purpose of business organization
  • Forms of business organizations
  • Formation of companies
  • Business Combinations
  • Multinational companies
  • The production function
  • The finance function

ACC 101   Principles of Accounting (3 credit units)
The nature, scope, and purpose of accounting. Basic financial statements. Accounting conventions. Theory and mechanics of double entry bookkeeping. Books of original entry. The cashbook and the ledger, classification, recording and summary of business transactions. The revenue accounts and balance sheets of business concerns. The valuation of assets and measurement of business income. The interpretation of accounts: significant accounting ratios. Sources and application of funds statements.

BAF 101:  Principles of Finance (3 credit units)
Nature and Scope of Finance: Meaning of Finance, The finance Function, Goals of the Firm, Finance and Related Disciplines, The Role of Financial Managers, Finance Decisions and Risk Return Trade off, Finance in the Organization Structure of the Firm. Basic Forms of Business organizations; Sources of Business Finance; Introduction to Financial Analysis; Profit planning; Financial Forecasting; and Introduction to Working Capital Management. Financial Statement Analysis: Overview of Financial Statement, User of Financial Statements, (3) Concepts of Financial Statement Analysis (Ratios), Limitation of Ratio Analysis (4) Concepts of Time Value of Money; simple Interest and compound Interest.

 

Second Semester
GES 122: Communication in English II (2 Units: LH 30)
Logical presentation of papers; Phonetics; Instruction on lexis; Art of public speaking and oral communication; Figures of speech; Précis; Report writing. This is a continuation of Communication in English 1, which introduced students to the rudiments of English for academic purposes.  The focus of this course is academic writing and presentation skills in English.  The course exposes students to the broad linguistic conventions and skills suitable for different kinds of academic writing such as summaries including abstracts, book reviews, report writing, answering examination questions, etc. Emphasis is on logical presentation, choice of appropriate lexis, cohesion and coherence as fundamentals of effective writing.  Students are also exposed to public speaking skills and aspects of rhetoric, style and use of figures of speech, which add to persuasive writing and speaking in English.

GES 112: Logic, Philosophy and Human Existence (2 Units: LH 30)
A brief survey of the main branches of Philosophy; Symbolic logic; Special symbols in symbolic logic-conjunction, negation, affirmation, disjunction, equivalent and conditional statements, law of tort. The method of deduction using rules of inference and bi-conditionals, qualification theory. Types of discourse, nature or arguments, validity and soundness, techniques for evaluating arguments, distinction between inductive and deductive inferences; etc. (Illustrations will be taken from familiar texts, including literature materials, novels, law reports and newspaper publications).

GES 142 Community Service (1 credit unit)
The course aims to promote the spirit of service and engages students in civil works beneficial to the University community and its environs including but not limited to farming, road building and maintenance, landscaping, planting of flowers and hedges, grass-cutting and general cleaning of the campus and its environs, concreting and laying of seating and footpath slabs amongst others to promote the dignity of labour and service to community.

THG 172   Introduction to Church History    (2 Credit Units)
The course introduces students to church history covering Ancient Church history (from the closing of the NT writings circa 100 to the Council of Chalcedon, in 451) through medieval to contemporary church history. Ancient church history highlights the importance of this period to theological scholarship, doctrinal development and ecumenical studies. Medieval Church History covers the Middle age period, which gave birth to scholasticism and humanism. These two are important to any attempt to understand the development of history of theology in this period and the religious and intellectual factors that led to the Reformation. This is a period between the Dark Ages and the 16th Century; however, the Reformation and Counter Reformation period is purposely included in order to bring the period of its logical conclusion to the contemporary era and the Second Vatican Council.

BFN 112 Introduction to Money and Banking (2 credit units)
Nature, forms and functions of Money: theories of Commercial Banking operations; Principles and functions of different types of Banking Institutions; the Banks and Money Supply; Money and Capital Markets; Monetary and Fiscal Policies; Inflation and Credit Creation; History of Banking in Nigeria; Development of the Central Bank; General Principles of Bank Lending; Bank Services; Methods of Payment through the banking system both domestic and overseas; the balance sheet structure; the protection of deposits funds; reserve and liquid assets requirements.

 

BUS 102 Basic Mathematics II (2 credit units)
Differential Calculus: Limits and Continuity—the derivative as a limit of rate of change. Derivation from First Principles. Techniques of differentiation. The straight line, parallel and perpendicular lines, angle between two straight lines, the distance between points from a line, parametric equations, tangents, and normal. Rules and techniques of differentiation, maxima, and minima. Total Differentiation: Application to Marginal Analysis, Cost Functions, Indifference Curves, and so on. Partial Differentiation with Application to Marginal Analysis and Comparative Statistics. Maximization and Minimization. Integral Calculus. Integration as an inverse of differentiation, Integration as a limit of a sum, areas under a curve, volumes. Integration with Application to Marginal Total Equations. Applications and illustrative examples from management and the social sciences.

BUS 112: Introduction to Business II (3 Units: LH 45)
This is an introductory course in business administration for beginning students of Management and Social Science disciplines. The course examines the concept of business and the role and functions of a business enterprise as an economic and social entity in a modern economy, the nature and scope of business administration as a course of study and a managerial activity,  classification of businesses enterprises—micro, small, medium, and large-scale enterprises. Other topics covered are the legal forms of business ownership, a survey of the functional areas of business based on the framework of the value chain (primary activities and secondary activities), corporate social responsibility, and the major problems facing Nigerian business enterprises.
Marketing, Production, Finance and Accounting Functions, Government and Business. The Social responsibility of business. International business. Problems of Nigerian business enterprises.

BUS 122: Principles of Business Administration II (3 Units: LH 45)
1. Human resources Management
2. The Marketing Function
3. Entrepreneurial activity in gearing business in Nigeria; Factors influencing business entrepreneurs
4. Social Responsibility of business
5. Business environment
6. Financial Markets and the stock exchange/securities

BUS 132 Introduction to Business Psychology (3 credit units)
A basic course in psychology dealing with emphasis on industrial and organizational psychology as well as consumer psychology—both focusing on the processes of understanding human behavior in the workplace and in his consumption role. Treatment of such topics as the development of human personality through socialization, social perception, motivation and learning, role playing and small group interaction, attitude formation and change, norms and social influences, human conflict, and collective behaviour.

MKA 102 Principles (element) of Marketing (3 credit units)
This course is designed to introduce the beginning undergraduate students of marketing, accounting, and other related disciplines to the basic principles involved in the study of marketing as an academic discipline, a profession, and a business function and treats in depth the behavioural aspects and the macro issues of marketing. Issues covered include the nature and development of the marketing mix variable (product, price, promotion, and distribution) by the firm and the functions of marketing in corporate management. Other topics covered include the micro and macro environments of marketing; analysis of key consumer and industrial markets; understanding consumer behaviour; marketing research and information systems; market surveys and demand forecasting; global marketing, marketing in not-for-profit organizations, and in service industries; and careers in marketing. The pedagogical method combines the normal classroom lectures and tutorials with the case method.

200 Level
First Semester

GES 221 Peace Studies and Conflict Resolution    (2 credit units)
Basic concepts in peace studies and conflict resolution. Peace as a vehicle of unity and development. Developing a culture of peace. Peace-building. Conflict issues. Types of conflict, e.g., ethnic/religious/political/economic conflicts. Root causes of conflicts and violence in Africa. Indigene/settler phenomenon. Management of conflict and security. Peace mediation and peace-keeping. Alternative dispute resolution (ADR). Dialogue/Arbitration in conflict resolution. The role of international organizations (example, ECOWAS, African Union, United Nations) in conflict resolution.
 
GES 223 Entrepreneurship and Innovation (2 credit units)
The focus of the two-semester course on entrepreneurship—Entrepreneurial Studies I and II—is on examining entrepreneurship theories and fostering the practice of entrepreneurship among student participants leading to self-employment and job creation after graduation. In this first segment of the course, the students learn conceptually about being an entrepreneur in Nigeria. The first half of the semester will be devoted to studying the following topics: basic concepts of entrepreneurship, business risks, and profits, historical role of entrepreneurship in industrial and socioeconomic development of the society, entrepreneurship theories, and types of entrepreneurs. Others are the personal and interpersonal characteristics and behavioural traits of entrepreneurs, personal traits required for successful performance as an entrepreneur, entrepreneurship role demands, and the problem of succession in entrepreneurial enterprises. The second half of the semester will focus on learning how to conduct a market survey and consumer research for identifying and evaluating new business opportunities, setting up a business organization, and keeping of basic business/accounting records, developing a business plan, and  identifying sources of financing. The problems of financing and managing growth in entrepreneurial firms will be discussed.

GES 123: Basic Communication in French (2 Units: LH 30)
Introduction to French, Alphabets and numeracy for effective communication (written and oral), Conjugation and simple sentence construction based on communication approach, Sentence construction, Comprehension and reading of simple texts.

THG 211 Spiritual Theology and Catechesis (2 credit units)
The course aims to lead the students into the nature of the spiritual life in a way that gives meaning and purpose to the spiritual exercises they perform. It studies the nature of theology as a systematic reflection on the meaning and content of Christian revelation and faith; various theological disciplines and their interconnectedness; meaning of spirituality; different aspect of spirituality- Biblical, Liturgi=-[cal, Pastoral and African; rise and development of monasticism and modern Spirituality; Overview of the history of Christian spirituality; Christian virtues and universal application of charity, chastity, poverty and obedience, spiritual retreats. The emphasis on catechesis is to ensure the education of the human person to conversion and salvation taking into account one’s cultural heritage and the integral formation of the whole person. The role of liturgy in catechesis, pastoral anthropology, psychology and psychopathology and the religious education of adults and adolescents children are emphasized.

ACC 201 Financial Accounting & Reporting 1 (3 Credit Units)
This course reviews ACC 1122 and examines further problems on incomplete records, preparation and presentation of final accounts of non-commercial organizations such as clubs, societies, trade unions, churches, mosques etc;  Reserves and provisions, accounting treatment of fixed assets and current assets based on SAS 3; introduction to partnership accounts including the final accounts; Changes in partnership: admission/death/retirement of partners including treatment of goodwill, partnership case laws; dissolution of partnership-piecemeal realization in partnership and Joint Venture Accounts.

 

BUS 201 Business Statistics (3 credit units)
This is the first of a two-semester course in elementary statistics as applied in business and social as well as the natural sciences. This first segment focuses on descriptive statistics. Topics covered include nature, definition, and scope of statistics and the use of statistics in everyday life. Basic concepts in statistics: variables, discrete and continuous variables; functional relationships. Sources and nature of published statistical data in Nigeria, their uses and limitations. Types of data: primary and secondary data. Methods of collecting data—census and surveys. Population and sample. Techniques of data presentation—tables, graphs, and diagrams. Frequency distributions and comparisons. Measures of central tendency and dispersion, skewness, and kurtosis. Simple ideas of probability and probability distributions.

This course also focuses on inferential statistics. A study of the methods of making inferences or drawing conclusions from sample data to the statistical population from which the sample is drawn and making decisions or predictions about population parameters of interest based on sample data. The topics include elementary sampling theory, statistical estimation theory, and statistical decision theory. Tests of hypothesis for small and large samples, chi-square distribution: goodness-of-fit tests and contingency table analysis; uses and limitations of chi-square tests of significance, student’s t distribution, correlation analysis, simple and multiple regression analysis, analysis of variance and covariance. Index numbers, time series, time series analysis.

 

ECO 201 Introduction to Microeconomic Theory I&2 (2 credit units)
Micro-economic theory, problem of scarce resources and allocation of resources in product and factor markets with application to Nigerian and other economics, equilibrium concept, possibility of disequilibrium, partial equilibrium and general equilibrium analysis.    Supply and demand theory.   Cobweb theory.   Introductory dynamics.    Consumer behaviour.   General equilibrium of exchange.   Production theory.   Cost curves.  Pricing and output under perfect competition, imperfect competition, monopoly and monopolistic competition.   Pricing of production factors.   The theory of comparative costs.

BUS 211 International Management (3 Units: LH 45)
Analysis of the strategic and operational issues that arise from the international nature of multinational corporations’ activities, Issues covered include alternative internationalization strategies, interaction between firms and governments, dealing with global competitors, and staffing and organisational implications of cross-border operations.

 

BUS 221: Elements of Government (2 Units: LH 30)
Nature of Politics: Society and Social Organization: The State. The Problem of Law; Constitution and Constitutionalism; Political Ideology. The Classical Heritage, Plato, Aristotle; Stoleism and PaxRomanica: Revolt, Towards the Mass Man. Organs of Government (National Governmental Institutions); Public Administration; Political Parties and Pressure Groups; Public Opinion and Propaganda; Elections; International Order.

BUS 231: Business/Commercial Law (4 credit units)
The course covers the Nigerian legal system; sources of Nigerian law, division of powers between the federal and state governments; Statute law—its legislations and interpretations; History and development of common and equity laws; Hierarchy of Nigerian law courts,; distinction between civil and criminal liability; The nature of tort, the basis and extension of various types of interest in the legal person and corporate personalities; The doctrine of ultra vires of contract; Law of commercial agency, commercial arbitration, law of contracts, commercial contracts, commercial relations between persons, unfair competition, passing off and “Trade Libel”, sale of goods, carriage of goods, negotiable instruments, hire purchase and installment purchases; suretyship and guaranties; pledge, lease, and exchange control. Laws relating to bankruptcy deeds of arrangement, voluntary and compulsory liquidations, disposition of property by will and letters of administration, etc.

Second Semester 200L

GES 212   Business Creation and Growth (2 credit units)
The focus of this course is on fostering the practice of entrepreneurship among student participants. The students will learn how to identify and evaluate new business opportunities in the manufacturing and service industries in Nigeria, and how to start and manage a small or medium-sized business venture. Topics to be covered include: Identifying and evaluating new business opportunities; Conducting a feasibility study; Starting a  new business venture from the scratch; Acquiring an existing business; Successful business planning: (1) Formulating a business plan, (2) Developing business strategies in the manufacturing industry; (3) Developing business strategies in the service industries; (4) Implementing business strategies; and (5) Evaluating business strategies. Every student enrolled in this course will be expected to participate in a group to do a feasibility study and then develop a detailed business plan for starting, owning, and managing a small or medium-sized business enterprise.

THG 272   Social Teaching of the Church (2 credit units)
Since theology does not restrict itself to spiritual matters alone but concerns itself with the entire human well being, the course therefore with reference to the social teachings of the Church, examines the efforts of the Church as also pastor of the material well being of human persons, with special emphasis on human dignity and rights.

ACC 212         Financial Accounting & Reporting II (3 credit units)
This course reviews of ACC 2131 and also covers such topics as: Bills of exchange, consignment accounts, containers account, goods on sale or return, Royalties account, voyage account, insurance claims accounts, sinking fund accounts; investment accounts, contract accounts including treatment of SAS 5.

BUS 212: Quantitative Analysis (3 Units: LH 45)
The goals of quantitative analysis are:
• Problem solving with practical, authentic application problems.
• Analyses, interpretation, and questioning of results
• In-depth understanding of mathematical concepts of beginning algebra and geometry to gain an appreciation of mathematics.

Students will work as teams on major projects to:
• Determine the reasonableness of results.
• Interpret results.
• Use critical thinking skills to analyze results.
• Organize and present information graphically, numerically, symbolically, and verbally.
• Quantitative Analysis theory, techniques, and tools to support and facilitate managerial decision-making. Includes financial, statistical, and operational modelling.

ACC 202: Introduction to Cost & Management Accounting (3 credit units) 
Nature, Scope and Functions of Cost and Management Accounting. The Principles underlying the preparation and presentation of Cost Accounts for various types of business. The different meaning of ‘cost’: Viz: Historical Costs, Standard cost, Marginal cost, Average cost etc. Cost Units and Cost Centres. The Elements of Cost and Classification of costs. Cost Accounting for Material, labour, Over-heads and Equipment: Job and Process of Cost Accounting, Elements of Marginal Costing, Standard Costing and Budgetary Control. Double Entry Accounts for Cost Control. Nature and Uses of Accounting Ratio. Elementary Break-even Analysis, Current Problems and Issues. costing differentiated from absorption costing, treatment of relevant cost, limiting factors, marginal costing for managerial decision-making; Standard Costing; types of standard costing, adjustment of standard, preparation of operating statements using standard costing variance analysis, quantity, rate, cost and efficiency variances, budgetary control variance;  Budgets and budgetary control, types of budgets, budget preparation, principal budget factor, these budget manual, flexible budgeting, budgetary control techniques, behavioural aspects of budgeting; topical issues in cost accounting are topics covered in this course.

BUS 202: Innovation Management (3 Units)
The course aims to equip management students with an understanding of the main issues in the management of innovation and an appreciation of the relevant skills needed to manage innovation at both strategic and operational levels. It provides evidence of different approaches based on real-world examples and experiences of leading organisations from around the world. The management of innovation is one of the most important and challenging aspects of modern organisation. Innovation is a fundamental driver of competitiveness and it plays a large part in improving quality of life. Innovation, and particularly technological innovation, is inherently difficult, uncertain and risky, and most new technologies fail to be translated into successful products and services. Given this, it is essential that students understand the strategies, tools and techniques for managing innovation, which often requires a different set of management knowledge and skills from those employed in everyday business administration. The course itself draws upon research activities of the Innovation and Entrepreneurship Group within Imperial College Business School. It will consist of topics such as:

  • What is the Management of Technological Innovation?
  • Organizing for Innovation
  • Technological Innovation
  • Innovation Strategy
  • Networks and Communities of Innovators
  • The Management of research and Development
  • Managing Product Innovation
  • The Other Side of R&  : Learning from Others
  • Capturing Value from Innovation
  • Conclusions and Future Challenges

 

300 LEVEL First Semester

ECO 307 International Economics 1&2 (3 credit units)
Introduction to the theory of international trade and international finance incorporating the treatment of various theories of international trade, foreign trade protection,, economic integration, balance of payments, foreign capital flows; the use of international economics in explaining contemporary international relations and diplomacy; international financial institutions such as world bank and international monetary fund.

BUS 311 Elements of Management (3 credit units)
This course is a general introduction to the concepts and the principles underlying management behaviour and decision-making processes in business and non-business organizations. The course will also emphasize the evolution of management thought/theories and the practice of management in the developing countries. The topics covered will include the role and significance of management in a modern enterprise and the primary managerial activities of planning, organizing, staffing, coordinating, motivating, directing, and controlling. Other topics will include the emergence of the scientific management school, the human relations school, participatory management, the systems approach, and the contingency theories of management. Others are Theory X and Theory Y, Theory Z, Management by Objectives, and strategic management.

 

BUS 321 Human Resources Management (2 credit Units)
An introduction to the theory and practice of personnel management and industrial relation with particular reference to the evolution of industrial relation in Nigeria. The course contents include: the concept of human resources management, the role of personnel management, and the evolution of personnel management function in an organization. Manpower planning: job design, job analysis and description. Manpower forecasting: manpower inventory, recruitment and selection procedures. Employee performance appraisal and compensation plans and incentives. Career planning: management development and training. Employee records maintenance.

BUS/LAW 331 Commercial Law II (4 credit units)
Types of companies. Company formation: - procedures and documentation, issue and transfer of shares, shares versus debentures, membership, meeting and resolution, duties of offers/directors, secretaries, auditors and so on. Prospectus and statutory books. Profits available for distribution, holding and subsidiary companies. Powers and duties of liquidators, secretarial practices, provisions relating to disclosure in corporate accounts. Reconstructions, amalgamations, and takeovers. Companies Act of 1968 (as amended), Companies and Allied Matters decree No. 1 of 1990 as amended.

ECO 301 Macroeconomic Theory I&II (4 credit units)
Macro-economic theory, types of economic systems, introduction to the schools of macroeconomic thought such as the classical system, the Keynesian system, the monetarist system etc, Aggregate economic variables; Determination of the Level of economic activity, national income accounting; models of national income determination, Theories of Consumption and Investment; The Keynesian and Neo-classical Theories of Money; Inflation, Output and Employment, General Equilibrium of the Product; Money and Labour Market; Level of Employment and Economic Growth. Domestic economic stabilization: monetary and fiscal policies, price control and inflation are topics covered. Also covered are the business cycle, government expenditure and revenue, government budget and public debt, money and banking, demand for money and monetary equilibrium, introduction to IS-LM framework and macroeconomic policies in the open economy, unemployment, international trade, exchange rates, balance of payment, economic growth and economic development. Application of Economic Principles to Developed and Developing Countries with special reference to Nigeria.

 

BUS 341 Industrial Relations (3 credit units)
The Concept of Industrial relations. Trade Union Characteristics. Industrial Relations Laws in Nigeria. Types of Unions; Internal Structures and Government of Unions; Trade Union Federation; Central Labour Organization and International Affiliations; Union Solidarity and Check-off Systems. Collective Bargaining; Industrial Disputes; Dispute Settlement; Joint Consultation: The State and Industrial Relations.

BUS 351 Small Business Management (3credit units)
This course is designed to broaden and deepen the students knowledge of the basic principles of establishing and managing own micro, small, or medium sized enterprises (SMEs) in the context of Nigeria’s economic and social realities. Topics include the Opportunities and challenges in managing small and medium-sized enterprises. Identifying opportunities in service industries. Financing SMEs—the role of the government and micro credit schemes, venture capital, venture teams, and venture management. Joint venture management. Business expansion and diversification. Identifying opportunities in the export market.

BUS 361 Financial Management (2 credit units)  
This course is designed to prepare students in the techniques of financial management, investment analysis, how the capital market and other financial institutions operate, and of corporate finance. Topics covered include: types and sources of funds, management of debtors, cash management, cash budgeting, funds flow statement, break-even analysis, ratio analysis, capital market operations in Nigeria, and security analysis. Capital budgeting (under certainty and uncertainty) cash flow forecasting techniques for project evaluation, cost of capital, financial leverage, capital structure theories, risk analysis and diversification. Dividend policy and internal financing, portfolio theory and management, efficient market hypothesis, securities valuation, capital asset pricing model (CAPM) etc. foreign currency transactions, analysis and interpretation of financial statements and reports. Gearing theories, traditional view, and the Modigliani Mill hypothesis, borrowing limits, dividends and retention policies.
                                      
Second Semester 300L

BUS 302 Organizational Behaviour (3 credit units)
Concepts of organizational behaviour: organization, managers, administration and individual behaviour processes, such as organizational change, roles and conflict, communication in organization, status, authority, responsibility and delegation, power and control, leadership, Motivation and incentive, people and personality, Social perception of people and their relevance to Nigerian work environment.

BUS 312   Management Theory (3credit Units)
Concepts of theory in the physical and social sciences. Levels of theory. The features of theory in management.  Links between management theories and management models.  Practice of management conduct as a test of good management theory. Existing difficulties of developing useful management theories in Nigeria and other developing counties. Theories of management e.g. the scientific management movement, the human relations movement. The system movement and the managerial behavioural by objective, quantitative and behavioural control modes etc.

BUS 332   Research Methods in Business (3 credit units)
The basic principles of conducting empirical research in business and related social science disciplines. Topics covered include basic concepts in scientific enquiry, meaning and importance of research in business and related disciplines, basic types of research, and basic concepts in research, such as variables, concepts, constructs, measurement, propositions, models, theories, laws, and so on. Choosing a topic for research, literature review, and various methods of collecting data. Treatment of pre-gathered data, testing of hypothesis, and writing a research report. The problems of conducting business research in Nigeria will be examined.

BUS 342 Analysis for Business Decisions (3 credit units)
This course introduces the students to the tools of management science methodology and their applications in analyzing varieties of business decision problems. The course content will focus on mathematical programming and their applications to special types of problems in business management—product mix problems, the transportation problem, and assignment problems. Network models and their applications in project management. Dynamic programming. Game theory and its applications in management decision situations. Decision theory, queuing theory and inventory models.

BUS 352   Production and Operations Management (3 credits units)
Elements of production; Production and process design and management. Facility location and layout. Modern tools and machinery of production. Standards definition. Line balancing. Automation. Production planning, scheduling, and control. Technical feasibility assessment. Work-study. Maintenance of tools and equipment. Cost-benefit analysis. Quality control. Inventory control. Project Planning, Forecasting, Aggregate planning control and material resources planning.

ENT 312 Entrepreneurship Development (2 credit units)
This course is designed to broaden and deepen the student’s entrepreneurial mindset and knowledge of the basic principles of establishing and managing his/her own micro, small, or medium sized enterprise (SME) after graduation in the context of Nigeria’s economic and social realities. About half of the class periods will be devoted to formal lectures on the topics of entrepreneurship development, while the other half will be devoted to hands-on practice in developing a business plan for starting a new business venture in Nigeria.

400 Level First Semester

BUS 401 Business Policy and Strategy I (3 credit units)
This is the first segment of a two-semester course on business policy designed to give final year undergraduates of Business Administration, accounting, Banking and finance, and marketing and advertising an opportunity to pull together all they have learned in the separate business fields and utilize this knowledge in the analysis of complex business problems of management which the student has already been partially familiar with in earlier courses. Emphasis is in the development of skill in applying the strategic management process to identify, analyze, and solve problems of a business enterprise in situations that approximate the real business world. The first segment of the course focuses on strategic management--the sequence of decisions an organization’s top management makes in building a stronger long-term competitive position by formulating, implementing, and evaluating strategies, plans, and policies that align the organization’ strengths and weaknesses to the opportunities and threats it faces in its business environment. Examples of strategy development in real-life business situations are examined. The pedagogical method combines the normal classroom lectures and tutorials with the case method.
BUS 411 Corporate planning (3 credit units)
A study of how top management conceive , develops, and implements long range , comprehensive game plans focusing on the major decisions the firm must make in order to survive profitably and achieve the desired performance in a constantly changing business environment. The course treatment emphasizes strategy formation, strategy implementation, and strategy evaluation, which summarize the critical strategic management activities that enable the company to achieve its desired performance objectives. The skills usually associated with successful strategy implementation will be identified and analyzed in details.

BUS 421 Seminar in Business Administration (3 credit units)
This course covers current and topical issues in business administration, as well as management theory and practice. In addition, business cases taken from real company experiences will be presented to students for study to highlight the conflicts, challenges, and dilemmas of real business and administration issues facing management. The students, working in groups and through group discussions, creative thinking, simulation, business games, and role-playing and with the guidance of the instructor, will apply the concepts they have learned in the formal class lectures to the analyses and discussion of the ‘real-world’ business problems facing management. The students’ role in the case analysis will be to diagnose and size up the situation described in the case and to proffer solutions they can defend.

 

BUS 431: Business Communication Skills I (3 Units: LH 45)
Rudiments of Communication: Communication Defined, Elements of Communication, Principles of Communication; Oral, Written and Non verbal Communication: Language Defined, Non-verbal communication, Listening, Oral and written Communication; Functions and settings of Communication: Functions of Communication, Communication setting; Communication Theories and Models: Linear Model, Interactional Model, Transactional Model etc. Writing and Communication Methods: Writing Defined, stages of Writing, other Aspects of the Writing Process, Corporate and Public Communications, Commercial Communication Method and Letter Writing.

BUS 441 Total Quality Management (2 Units)
This course will provide the student with the underlying principles and techniques of Total Quality Management (TQM) with emphasis on their application to technical organizations. Students will develop a working knowledge of the best practices in Quality and Process Management. Students will learn to view quality from a variety of functional perspectives and in the process, gain a better understanding of the problems associated with improving quality, also quality tools utilized in service and international/environment. The course aims to impart knowledge on the quality management process and key quality management activities. Specifically it aims to: Compare and contrast the various tools used in quality management, comprehend the concepts of customer’s value, discuss the emerging tendencies toward global competitiveness, understand different perspectives on quality, comprehend six-sigma management and its tools. Demonstrate how to design quality into product and services, describe the importance of developing a strategic plan for Total Quality Management and discuss the importance of “benchmarking”, as a means of identifying the choice of markets. Scope and purpose of quality management; process and product quality; quality assurance and standards; quality planning; quality control (requirements, formal and informal quality control procedures, quality control development and/or improvement, initiating quality control policies); software quality control; the quality compromise; quality assurance (process based quality, practical based quality); quality standards (importance of standards, process and product standards, problems of standards, development of standards); quality attributes; quality measures; quality reviews, CQI (continuous quality improvement)

BUS 451   International Business (3 credit units)
This course examines the nature and scope of international marketing and the concepts, theories, and practices in multi-country marketing. Why countries engage in international marketing. Theories of international trade. Classical trade theory: Mercantilism and Nation building. Free trade—the theory of absolute advantage, the theory of comparative advantage. The assumptions of classical trade theory. Modern trade theory—factor proportions and factor intensity, reciprocal demand and supply. Globalizations of markets; terms of trade and the problems of unequal exchange, balance of payments, the effects of tariffs, and the international organizations influencing international business and international trade, and international business—WTO, ECOWAS, and so on; international market entry strategies; business opportunity analysis in international markets; development of international marketing strategies; and standardization and adaptation of international marketing.

BUS: 461: Globalisation and Business (3 Units: LH 45)
Globalisation is a widely used term in business, politics & trade but its real meaning& implications are often misunderstood. This course takes students through the major issues relating to globalisation. These are the different meanings that are associated with the concept, the causes & effects of the globalisation process, the roles of various players, in particular the multinational firm & governments & the likely future directions of world business in a global context. Criticisms of globalisation are reviewed in the light of their wide appeal.

Second Semester 400L

BUS 402   Business Policy and Strategy II (3 credit units)
This is the second segment of the two-semester course started in BUS 4291. This segment focuses on the development of business policy as a top management function. The concepts of policy and decision making will be examined from the top management perspective and corporate management of the human organization as corporate plans, strategies, and policies are implemented at all levels of the organization. The concluding parts of the course takes particular cognizance of the problems associated with the formulation of functional tactical plans and policies, with particular reference to personnel, marketing, Research and development, Financial, Pricing policy formulation, Mergers and acquisition and production and procurement policy formulation.

BUS 412: Contemporary Management Issues (3 credit units)
Contemporary Management Issues aims to engage students with the current issues they face in management and leadership, and to explore implications for public and community sector organisations. Drawing on organisational theories and research, the course aims to enable students to develop frameworks and skills for analysis of organisational context, management practices and personal action. The workshops are designed to cover the key and current issues for managers. Topics will include managing in the current political climate, futures thinking and direction-setting, employee participation, organisational diagnostics, work process design and people management.

BUS 422: Management Information System (3 credit units)
The meaning, objective and requirement of MIS in organizations.  Information needs of management and design of MIS, managerial need of the information output as a basis for developing criteria and systems. The computer environment and use of computer based techniques. Electronic data processing (EDP) methods; batch processing, real-time processing. Computer reports: - error reports, exception reports, and so on, report format, and form design. Flow charting, networking systems analysis. Design techniques and documentation. User environment in systems development and life cycle. Computer service bureau and cyber services; office automation; Email, internet, and so on.

BUS 432: Business Communication Skills II (3 Units: LH 45)
Process of Meetings, Conferences, Seminars, Symposium and Debates: Meeting Defined, Conduct, Procedures, Aims and Benefits/Disadvantages of Meetings, Written Rules Affecting Meetings, Conference, Seminar, Symposium and Debates. Uses of Words, Sentences and Figurative Expressions, Words and their Meanings, Synonyms and Antonym Dynamism in Words, and Predication, Suffixation, Sentences/Figurative Expression. Reports and Handover notes: Types of Reports, Components of Reports and Handover Notes. Organization communication: The concept of organizational communication, Factors Affecting Effectiveness of Organizational Communication. Types of organizational Communication. Public Relations and Marketing Communication.

BUS 442: Business Ethics (3 Units: LH 45)
He course introduces students to ethics-related aspects of the business decision-making process. Students will address a variety of topics, including the theoretical underpinnings of ethics, stakeholders, decision making strategies, and utilization of such strategies in specific areas such as shareholder and employment relations, marketing, and globalization. The emphases of the course are issue recognition, application of ethical principles, and analysis of the consistency of corporate decision-making processes with such principles. Topics include: creating an ethical climate in an organization, honesty, affirmative action, environmental ethics, ethics in advertising and sales, financial management, personnel management, and the role of character and virtues in effective leadership.

BUS 452 Research Project (6 credit units)  

This is a two-semester course in which the student, under the supervision of an assigned member of staff, undertakes a research project in order to gain practical knowledge of, and demonstrate competence in, designing and executing an original study or empirical research on a topic chosen from an area of specialization and approved by the Head of Department. The student writes a research report on the project topic, which is expected to demonstrate and improve upon the skills acquired in BUS 3352, submits bound copies at the end of the second semester to earn a grade.