With the increasing demand in the business world and the growing number of people vying for same position in business and public sectors in Nigeria today, there is a need to put oneself in a better position when these opportunities come. One of the most common and most productive ways to achieve this is getting a business degree in a Business School.
With the world beginning to wake up to the concept and importance of MBAs today, the demand and registration for this degree has greatly increased in Nigeria. With some few schools offering this degree in Nigeria today, there is one that particularly stands out, boasting to rate among the most recognized business schools and among the very best in Africa – The Lagos Business School.
Since the establishment of the Lagos Business School in 1991, the institution has advanced in a lot of breath-taking ways, affiliating with popular international business schools and rating among the very best in the continent. The dynamism in operation, academic excellence and track record of successes in various areas are among the few factors that stand the institution out among others. The definitive vision of the institute is to be broadly recognised as the world’s top business school functioning out of a developing market, and to be the business school with the highest impact on the knowledge and practice of management in the continent of Africa.
Located in the heart of Africa’s busiest city and one of the most productive states in Nigeria, the Lagos Business School is rated among to be the very best private graduate business school in Africa. The institution is a subsidiary of Pan-Atlantic University in Nigeria, which offers the academic program, executive programs and short courses in management. The school, located in Lekki Lagos, is currently a member of the Global Business Schools Network (GBSN) and the Association of African Business Schools (AABS).
In this post, we will take a look at the current school fees of the Lagos business School. We will also consider reasons why they are rated among the best business schools in Africa and general admission requirements.
Lagos Business School Fees (Current Session)
Business schools are expensive, and you should expect this to be, especially given its reputation and standard. Lagos Business School is arguably one of the most expensive institutions to attend when it comes to Tuition, registration and accommodation fees. The school was established to further support, widen people’s understanding of Management. The institution has since lived up to that standard, maintaining a highly academic standard. Lagos Business School is also the very first business school in Nigeria. It offers various programs ranging from several executive education programs to management programs, doctoral programs, Executive MBA programs. In this section, we will take a look at the tuition fees for students in various faculties.
The institution, like most other institutions have a standard tuition fees that sometimes vary every year. Below is the breakdown of the fees paid in the Lagos Business school.
Below are the different executive programmes at the Lagos Business School and their current school fees for the 2023/2024 academic session:
- Public Sector Leadership Programme: N6,767,125 (+ $10,250 for compulsory international module in Singapore)
- Chief Executive Programme: N12,464,625
- HR Academy: N1,967,250
- Sales Academy: N1,805,000
- Management Acceleration Programme: N2,101,625
- Global CEO Programme for Africa: N15,250,000
- Senior Management Programme: N3,501,812 (excluding VAT)
- Agribusiness Management Programme: N967,768
- Owner-Manager Programme: N3,593,725
- Advanced Management Programme: N6,572,550 (+ $7,000 for compulsory international module in Spain)
These programmes are designed to support organizations and leaders. Below are the different programmes provided and their fees for the 2023/2024 session:
- LBS Certificate for Senior Retail Executives: N499,875
- LBS Certificate for Retail Managers: N306,373
- LBS Certificate for Retail Professionals: N188,125
The programmes under this category presents participants with cross-industry perspectives, exchange of ideas, and contacts. Here are the fees for the different programmes:
- Search Inside Yourself: N241,875 (excluding VAT)
- Workforce Gender Equality Accelerated Programme: N679,375
- Strategic Thinking for HR Professionals: N377,500
- Design Thinking for Operational Excellence: N250,000 (excluding VAT)
- Export Management Programme: N215,000
- La Liga Week: N3,026,125
- Leadership Programme for Sustainable Waste Management: N120,000
- Non-profit Management for Senior Executives (NPMfEx): N355,000
- Non-profit Leadership and Management (NPLM) Youth Academy: N120,000
- Social Impact Assessment and Sustainability Reporting: N240,000
- Workplace Conflict Management and Resolution Skills: N238,500 (excluding VAT)
- Refining Your Interpersonal Skills: N310,138 (excluding VAT)
- Authentic Leadership: N1,241,625 (excluding VAT)
- The Manager as Coach: N255,750 (excluding VAT)
- Winning Skills and Tools for Negotiation: N299,383 (excluding VAT)
- Building and Leading a 21st Century Team: N374,368 (excluding VAT)
- Executive Team Leadership: N643,387 (excluding VAT)
- Women in Leadership: N335,938 (excluding VAT)
- Logistics and Supply Chain Management: N295,623 (excluding VAT)
- Effective Service Management: N255,743 (excluding VAT)
- Driving Efficiency and Operational Performance: N245,638 (excluding VAT)
- Developing Analytical Competence for Managing Operations: N498,125 (excluding VAT)
- Strategic Procurement and Contract Management: N277,565 (excluding VAT)
- Project Management for Operational Excellence: N370,338 (excluding VAT)
- Business Process Improvement Methodologies: N310,138 (excluding VAT)
- Managerial Leadership in Sales and Marketing: N407,318 (excluding VAT)
- Building Your Personal Brand for Corporate Success: N237,300 (excluding VAT)
- Outstanding Customer Relationship: N259,613 (excluding VAT)
- Analytics for Better Marketing Decision: N299,388 (excluding VAT)
- Strategic Key Account Management: N398,000 (excluding VAT)
- Consumer Marketing and Engagement in Challenging Times: N278,500
- Digital Marketing – Strategies for Winning in the Digital Age: N299,388 (excluding VAT)
- Reinventing the Sales Organisation for Productivity: N406,888 (excluding VAT)
- Critical Tools for Effective Sales and Marketing: N288,638 (excluding VAT)
- Sports Business Management: N299,603 (excluding VAT)
- Mastering Human Resource Management: N354,213 (excluding VAT)
- Employment Law and Industrial Relations: N258,200 (excluding VAT)
Click here to find out more open seminars at the Lagos Business School and how much they cost.
PRICES LAST UPDATED: JUNE 3, 2023.
LBS MBA Programmes
The Lagos Business School offers a variety of MBA programmes. They are grouped into the following:
- Full-time MBA
- Executive MBA
- Modular Executive MBA
- Modular MBA
The school fees for the different programmes under these categories vary. To find out how much the MBA programme you would like to undertake costs, you can fill a form on the institution’s portal. Click here to complete the form.
Lagos Business School Admission Requirements
Over the years, Lagos Business School has collaborated with other business schools in Africa and around the world on different programmes to groom responsible corporate leaders for and beyond. Like other institutions, there are basic requirements to be met before a student is considered for admission into any program in the Lagos Business school. Although these requirements are not the most complex and difficult to meet, they sometimes deprive students from gaining admission into the institute.
In this section, we will take a look at some of the core requirements for admission into the Lagos Business School. This is gotten from the institute’s official website and can be solely relied on.
- WAEC Certification: Like most other tertiary institutions, this is a core requirement for admission into Lagos Business School. At least, five credit passes is required and must include English and Mathematics at the Ordinary Level for Anglophone countries.
- Minimum of Second Class Lower University Degree: Candidates are expected to have at least a second class lower bachelors degree from a recognised university either within or outside the country.
- Post-Qualification Experience: To qualify for admission into Lagos Business school, candidates are expected to have a minimum of three years working experience in a professional firm.
- GMAT or GRE: Candidates are expected to have sat for international examinations such as GRE or GMAT. A reasonable score in either of these tests puts the candidate in a strong position, provided all other requirements are met.
- Interview: Candidates will be invited for interviews where they are expected to demonstrate intellectual capacity, mental strength, professionalism, effective decision-making, team playing skill, problem-solving mentality and other similar characteristics. This is usually at the final stage of selection. The interview also tests candidates confidence and delivery skills.
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