Business Administration (MBA)

ADMISSION REQUIREMENTS

The criteria for admission into the MBA programme are as follows:

(a)  All candidates must possess five credit passes including English Language and Mathematics at ‘0’ level in not more than two sittings.

(b)A Bachelor’s degree or equivalent obtained from a recognised University with a minimum of Second Class Lower Division.

(c)  Higher National Diploma (HND) with a minimum of Upper Credit and a Postgraduate Diploma with credit pass from a recognised University.

(d)Candidates with third class honours degree may be considered provided they possess a Postgraduate Diploma with credit pass from a recognised University.

(e)  A satisfactory performance in the University’s admission test and interview.

(f)   NYSC discharge certificate or certificate of exemption.

7.       DURATION OF PROGRAMME

(a) The duration of Full-time MBA programme shall be a minimum of four          semesters and a maximum of six semesters.

(b) The duration of Part-time MBA programme shall be a minimum of six semesters and a maximum of ten semesters.

(c) Extension beyond the maximum period shall be with the special permission of the Senate of Benson Idahosa University, Benin-city.

COURSE DESCRIPTIONS

BUS. 711:  Managerial Economics            (3 Credit Units)

This course deals with microeconomics as a tool for business decision-making by individuals/households and within the firm as well as general equilibrium analysis with some rigours higher than what is expected of an undergraduate course in microeconomics. It also includes the behaviour of individuals markets reacting to supply and demand forces and with the consequences of alternative market structure and business policies. Topic covered include marginal analysis, demand and production theory, the firm and its objectives, market structure, pricing and output, Neuman- Morgenstern utility theory, game theory, decision theory, general equilibrium analysis and theory of distribution.

BUS.712    Financial Accounting for Managers (3 Credit Units)

The accounting course in the MBA programme has two broad foci: (i) the use by external parties in appraising the organization’s strength and performance and (ii) the use by internal management for optimal decision making.  This first course focuses on the former which comprises preparation and presentation of financial information to various stakeholders, viz, investors, shareholders, bankers, lenders, customers, suppliers, etc.  The course provides a background in the concepts, principles and basic methodology of financial accounting.  At the end of the course, students should among other thing be able to read, understand, analyse and interpret published corporate financial reports.

BUS. 713:   Management Theory and Practice (3 Credit Units)

The purpose of this course is to enable students understand the process of management in complex organizations.  The approach will be both historical and comparative drawing heavily on empirical evidence and experience.  The major focus will be the Nigerian work organizations with evidence provided by other contexts as points of departure.  The course will among others address the following issues: the evolution of management as both theory and practice, the role and nature of management in different socio-economic systems, the functions of management, human factors in management, approaches to the measurement and control of organizational performance, Organizational efficiency and effectiveness, the handling of delegation, organization and management development, organization design problems of management in the under developed as well as developed countries and emergent perspectives and practices.

BUS. 714:   Information Technology in Business (3 Credit Units)

This course aims to develop/enhance the student’s proficiency in the application of computer to different applications with particular reference to accounting applications.  The emphasis is on proficiency in the use of standard software in general business, administrative, communication, accounting, auditing and statistical applications.  A deep appreciation of computer functions and capabilities in diverse areas of modern application will be stressed

BUS. 715:   Quantitative Methods for Management  (3 Credit Units)

This course combines elements of general quantitative methods with statistical methods aimed at providing relevant quantitative skills for analyzing and solving accounting problems and for presenting results of research or investigative studies.  The first component of the course includes set theory, functions; inequalities, graphs and matrices; simultaneous equations, identification and specification problem, the formulation of mathematical models, linear programming and elements of goal programming; differential and integral calculus with business application, etc.  Also; simplex algorithm and duality; transportation and assignment algorithm; game theory, queuing theory, inventory theory; Markov chains;  properties of estimator, etc.  The statistical component includes basic probability theory, descriptive data analysis, trend analysis, measures of density, statistical inference and simple regression analysis, test of hypothesis, ANOVA, tests of significance, auto-correlation, multi linear and curvilinear analysis, etc.

BUS 716:    Organizational Behaviour

The course is designed to acquaint students with people skills necessary to promote employee and organizational effectiveness through understanding the complex nature of individual, group, and organizational processes.  Topics include nature and scope of Organsational Behaviour, innovation and change, learning, attitude, leadership, performance management, power and politics, Behaviour modification Values, Motivation and Job satisfaction, Personality and emotional intelligence, Group behavior, Team and Team Buildings.

BUS. 721:   Marketing Management  and Strategy (3 Credit Units)

This course provides a framework for evaluating marketing problems and developing marketing strategies. Customer, company, competitive and collaborator factors are emphasized as foundations for marketing decision making. The key aspects of product, pricing, distribution and promotion strategies are also examined.

BUS. 722:   Managing Human Capital (3 Credit Units)

The course introduces students to the processes of managing human capital in complex organization. It covers the strategic roles of human resource function, operating environment of human resource management in Nigeria, psychological contract, designing and analyzing  jobs, human resource planning recruitment and selection process, training and development, performance management, reward management, safety and health and international human resource management.

BUS. 726:   Statistical Methods (3 Credit Units)

This course includes basic notion of probability, descriptive data analysis, statistical inference and simple regression analysis.

Emphasis will be placed on problem structure and formulation, while when possible, standard computer programmes will be used in obtaining solutions. Statistical inference includes multiple regression, Analysis of variance, non- parametric techniques.

BUS. 724: (Equivalent Acc) Managerial Accounting & Control (3 credits)

This course focuses on the internal use of accounting information by management for various kinds of decisions.  Topics include: basic costing concepts; cost behavior and cost-volume relationships; management control system and responsibility accounting; management control in decentralized organizations; product costing systems and cost allocation; relevant information for product pricing and transfer pricing; capital budgeting; preparation and use of budgets for planning and controlling; etc.

BUS. 728: Business Law (3 Credit Units)

Familiarize candidates with the legal aspect of business. Law of contracts, Agency, Hire purchase, carriage of goods, and related laws are examined. The company Act and company and miscellaneous matters decree are examined in depth.

BUS. 723:   Operations Management (3 Credit Units)

This course is concerned with formulation and analysis of mathematical models for decision-making. Emphasis on the scientific approach to the study of queuing theory problems, inventory management problems, dynamic programming, game theory and other problems dealing with allocation of resources. Topics will also be selected from Linear programming, Lagrangian theory, khu-Tucker theory, Quadratic programming, integer programming and search techniques. Computer is expected to be used in the solution of specific problems for management decisions.

BUS. 727:   Business Research Methods (3 Credit Units)

This course is designed to improve the students, competence in undertaking empirical research and evaluating published research work. Topics covered include the nature of scientific research, theory building and concept definition, formulating hypotheses, validity and reliability, measurement and scaling methods, concepts and problems in data collection and sampling, criteria for causal inferences, data analysis methods.  Report writing, editing, footnoting etc will also be treated.

BUS 725: Financial Management (3 Credit Units)

This course focuses on the conceptual and practical problems associated with financial management of the corporate entity. It includes the integration of the firm’s current asset and liability position. Topics covered include capital budgeting, current assets and capital assets management, funds acquisition and deployment, sources of finance, inventory polices, accounts receivable and payable polices, financial and asset structures.

BUS. 731:   Strategic Management (3 Credit Units)

The course is designed to identify, analyse and solve business problems.  The approach will be to marry theory with practice using case studies.  The course would throw insight into the eclectic nature of business.  Topics include nature and scope of business Policy, environmental analysis, and Organizational analysis, strategy formulation at the corporate business and international levels as well as strategic choice.

Also topics relating to strategy implementation such as functional strategy, structural strategy, organization change, power and politics, value and organizational change etc. involve be included.

BUS. 733: Entrepreneurship and Small Business Management (3 Credit Units)

This course examines activities and skills necessary to start and manage an enterprise. Includes decisions about domain, purchase versus start-up, preferred market, financing, legal form, staffing, organization structure, location and legal requirements. Also the entrepreneurial role in business initiation.

BUS 734:   International  Business Finance

A Study of the issues and problems which arise in the conduct of international business with particular reference to their financial implications.  Topics include the business strategies and practices of multinational corporations, factors promoting international trade and investment, relations between MNC’s and host government, tax avoidance strategies, international trade and flow of funds, foreign exchange rate markets and risks, exchange rate forecasting and management, currency derivatives and their use in hedging against exchange rate fluctuations, international working capital management, international capital budgeting and evaluation of country risk, etc.

 

BUS. 735:   Business Ethics and Corporate Governance (3 Credit Units)

This course is a study of the moral principles which govern business operations designed to ensure that business practices adhere to the norms of society.  Related to business ethics is the all important issue of corporate governance – the rules, formal and informal, legal or ethical, which govern the conduct of business designed to protect the interests of shareholders and other stakeholders.  The twin issues of business ethics and corporate governance assume importance in the context of the increasing incidence of corporate breaches of law and morality.  Topics include general business ethics as it affects the various functions of business – production marketing, finance, human resource management, technology, etc; also, the roles and responsibilities of shareholders boards of directors and management in observing relevant corporate governance regulations.  The course will also include comparative corporate governance codes of different countries.

BUS 736: Consumer Behaviour (3 Credit Units)

Basic factors  influencing consumer behavior, with emphasis on managerial use of consumer decision making models; buyers behaviour modeling from both economics and behavioural sciences; consumer information processing, stochastic brand device models; Risk taking and market segmentation.

BUS 739:    International Marketing

The  course is basically designed for student to be able develop the  requisite skill needed for analyzing international business environments and the activities of multinational  corporations (MNCs) and Transnational Corporations (TNCs), as well as understand their roles in international markets.    Topics include factors promoting international marketing, activities of MNC’s and TNC’s competitive factors in international markets, strategic plans and applications in international markets.

BUS. 750:   MBA Project (6 Credit Units)

To expose the student to analytical and continuous writing on issues that border on business.

BUS 758: Industrial Marketing (3 Credit Units)

Marketing problems unique to the industrial marketing; management of the sales force and optimal allocation across product lines, consumers and sales territories; industrial consumer; pricing advertising in an industrial setting.