Lagos Business School Courses, School Fees, Location & Admission Requirements

lagos business school courses and fees
lagos business school courses and fees

Lagos Business School (LBS) stands as a beacon of excellence in management education, not just in Nigeria, but across Africa. Aspiring business leaders and seasoned professionals alike recognize the transformative power of an LBS education.

As you consider taking the next step in your career journey, you’ll find that Lagos Business School offers more than just courses and fees. It provides a gateway to a world of opportunities, connections, and growth.

Many people who’ve studied at LBS have gone on to do amazing things. They’ve become big names in business, started their own companies, and come up with game-changing ideas.

Their journeys to the top often started when they decided to invest in themselves by taking on the challenging but rewarding programs at LBS.

In this article, you’ll find out what makes LBS special. We’ll talk about why it’s respected worldwide, what courses you can take, and how it can help you achieve your goals.

Whatever your business aspirations are, Lagos Business Schoolhas something for you.

About Lagos Business School

Lagos Business School (LBS) is a top-notch place to learn about business in Nigeria. Since it opened its doors in 1991, it’s been helping people become great leaders who care about doing the right thing in business. If you look at lists of the best business schools in Africa, you’ll often find LBS near the top.

What makes LBS special? Well, they don’t just teach from books. They mix book smarts with real-world know-how. The people who teach at LBS aren’t just professors who’ve never left the classroom. They bring in folks out there running companies and solving real business problems.

At LBS, you can learn many things about business. They have programs for people just starting out, those who are already bosses, and even special courses for specific companies.

The goal at LBS is to ensure that when students finish, they’re ready to tackle whatever challenges come their way in business. That is why the Lagos Business School is a place where theory meets practice and where future business stars are born!

Is Lagos Business School Accredited?

Yes, Lagos Business School is highly accredited by several prestigious international organizations. These accreditations not only recognize the excellent work happening in the school but ensure that LBS graduates get due cognizance for the quality of education received.

The accreditations from the international organizations include:

  • Association to Advance Collegiate School of Business (AACSB): LBS is the first institution in West Africa to receive this accreditation, considered the hallmark of excellence in business education worldwide.
  • Association of MBAs (AMBA): This accreditation recognizes the quality of LBS’s MBA programs.
  • EFMD Quality Improvement System (EQUIS): LBS is one of the few schools in Africa to hold this accreditation, which assesses institutions including programs, research, and community outreach.

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Where is the Lagos Business School Located?

Lagos Business School is strategically located in Ajah, Lagos State, Nigeria. For specificity, Km 22, Lekki-Epe Expressway, Ajah, Lagos, Nigeria.

Its location in Lagos, Nigeria’s commercial capital, allows easy access to many other businesses and organizations, creating opportunities for partnerships and internships for students.

Is Lagos Business School a University?

Lagos Business School (LBS) isn’t a university. Instead, it’s a graduate school linked to Pan-Atlantic University (PAU) in Lagos, Nigeria. LBS provides advanced business education, offering programs like the MBA and Executive MBA, along with short courses focused on management and leadership.

Lagos Business School Courses

Lagos Business School (LBS) offers a wide variety of programs that fit different career levels and goals:

MBA Programs

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

Executive Education Programs

  • Advanced Management Programme (AMP)
  • Senior Management Programme (SMP)
  • Owner-Manager Programme (OMP)
  • Chief Executive Programme (CEP)

Open Enrollment Programs: Short courses covering various management topics such as finance, marketing, leadership, and strategy.

Online Programs: Flexible digital courses for those who prefer or need to learn remotely.

Lagos Business School School Fees

The fees for Lagos Business School programs vary depending on the specific course and duration, as the entire program has three sessions (three years). The fees for the program will cover tuition, course materials (except for textbooks), and the use of ancillary facilities.

However, the official website reminds you that tuition is also subject to review without notice. Ensure you confirm the current cost of tuition before you apply for your business program.

Here’s a general outlook of how much you can pay as school fees if you enroll in Lagos Business School:

MBA Programs:

  • Full-time MBA: ₦11,000,000 – ₦13,000,000 per year
  • Executive MBA: ₦12,000,000 – ₦14,000,000 per year
  • Modular Executive MBA: ₦12,000,000 – ₦14,000,000 per year

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Executive Education Programs:

  • Advanced Management Programme: ₦3,000,000 – ₦4,000,000
  • Senior Management Programme: ₦2,500,000 – ₦3,500,000
  • Owner-Manager Programme: ₦2,000,000 – ₦3,000,000

Open Enrollment Programs:

Fees for these short courses typically range from ₦250,000 to ₦1,000,000, depending on the duration and content.

Admission Requirements for Lagos Business School

The admission requirements vary depending on the program. However, the general requirements include:

  • A bachelor’s degree from an accredited institution
  • Relevant work experience (varies by program, about 3-5 years for MBA programs)
  • GMAT or GRE scores (for some programs)
  • English language proficiency (TOEFL or IELTS for non-native English speakers)
  • Letters of recommendation
  • Statement of purpose
  • CV/Resume
  • Official transcripts
  • Passport photograph

For executive programs, additional requirements may include:

  • More extensive work experience
  • Current employment in a managerial position
  • Employer sponsorship or support

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Who is the Real Owner of Lagos Business School?

LBS is the graduate business school arm of the Pan African University. It is owned by the Pan-Atlantic University Foundation (PAUF), a non-profit foundation registered in Nigeria.

Is Lagos Business School Worth it?

The Lagos Business School (LBS) deserves every accolade it receives. Acquiring an MBA requires a significant investment, and it is always worthwhile if your earning potential increases after your education at Lagos Business School.

How to get a Scholarship to Lagos Business School

To get a scholarship to Lagos Business School (LBS), you can follow these steps:

  • Research available scholarships. There are various scholarships available at LBS. Most comprise merit-based and need-based scholarships.
  • Meet the basic requirements for admission to your chosen program and any special criteria for the scholarship.
  • Prepare a strong application. For instance, if you’re applying for a need-based scholarship, you must provide documentation for your financial status.
  • Submit your application and scholarship materials before the deadlines.
  • Prepare for the scholarship interview, as that may be your chance of showing why you stand a chance.
  • After submitting your application, follow up

FAQs on Lagos Business School Courses and Fees

Are scholarships available at Lagos Business School?

Yes, LBS offers various scholarships and financial aid options for eligible students. These include merit-based scholarships, need-based grants, and corporate sponsorships.

Is Lagos Business School only for Nigerians?

No. LBS welcomes international students and provides support for visa applications and accommodation arrangements.

Are there part-time or evening class options?

Yes, the Executive MBA and some executive education programs are designed to accommodate working professionals with weekend or evening classes.

What is the average class size at LBS?

Class sizes vary by program, but they range from 30 to 60 students, and adequate measures are taken to ensure that the students get awesome attention and interactive learning experiences.

Conclusion

As you consider your options for Lagos Business School courses and fees, remember that investing in an LBS program is an investment in your future.

The knowledge, skills, and connections you’ll gain at Lagos Business School can be your cue to achieving your professional aspirations. Go over the programs at LBS and join a community of future business leaders.

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