Lagos Business School (LBS) is a graduate business school situated in Lekki-Epe Expressway, and Ajah, Lagos, Nigeria. Being a graduate school, only students who have officially graduated from the tertiary institution can enrol in the business school. LBS is owned by the Pan-Atlantic University, a non-profit organization established in Nigeria.
Lagos Business School is a liberal school which accepts diverse schools of thought and approach to learning. They also believe in the prelature of Opus Dei which was founded by St Josemaria Escriva. The Opus Dei is an institution responsible for monitoring activities in the school, as well as guaranteeing that the Christian values are the core of the school’s principles.
Location of Lagos Business School
Km 22, Lekki-Epe Expressway, Ajah, Lekki, Lagos
History of Lagos Business School
Lagos Business School was founded in 1991. At the time, it was known as the Centre for Professional Communications (CPC). It started as a small organisation, but has vastly developed into one of the leading Business Schools in Africa.
Lagos Business School was the first school of the Pan Atlantic University after it was established in Nigeria in 2002.
LBS is currently a member of the Association of African Business Schools (AABS), the Principles for Responsible Management Education (PRME), and the Global Business School Network (GSN), to mention a few.
Programmes offered at Lagos Business School
1. Executive Education Programmes
The executive programmes at LBS are primarily aimed at teaching management skills through flexible learn-by-doing methods, such as: group work, practicals, and case studies. Some of the executive programmes at Lagos Business School include the following:
2. Senior Management Programme
This Senior Management Programme is a 5-month course aimed at helping senior executives develop personal skills that would help them make germane contributions to the growth of their organisations. The enrolment fee for this course is N2,932,500 for those in Lagos, and N2,950,000 for students in Abuja. The SMP is divided into 5 modules which are spread out for the duration of the course.
3. Global CEO Programme
This course is designed for CEOs’, Chief Marketing Officers, Board Members, among others, who wish to equip themselves with tools that will add significant value and growth to their businesses. The five-month course will be exclusively practical, and real life problems facing the students’ organisations will be tackled and solved with insights that can be applied to other aspects of their businesses as well.
4. Master of Business Administration (MBA) Programme
This is an 18-month comprehensive course on business etiquettes; standards, problem solving skills, analytical competence, among others. The course also gives the students a vast knowledge of the major business disciplines, as well as a 3-month internship with local and international business organisations. In addition, it is only available for students who want to enroll full-time.
During the last semester, the students are given the options of participating in an international student exchange programme with partner schools abroad, or enrolling for other elective courses locally.
This course is important for people who wish to start off a career as business owners and/or developers.
5. Executive MBA Programme
The Executive MBA programme is a part-time course which runs for two years. The aim of the Executive MBA programme is to promote teamwork and encourage critical thinking and strategies in solving real life problems.
The course is focused on collective, rather than individual strengths. Excellent communication skills are taught along with a wide range of other soft skills which the students can apply in class and at work.
The Executive MBA course is recommended for students who wish to contribute value in their primary places of work by applying the lessons learnt in class to solve real life problems.
Other programmes offered at Lagos Business School include:
a. Advanced Management Programme
b. Owner Manager Programme
c. Management Acceleration Programme
d. Open Seminars
e. Custom Programmes
Achievements of the Lagos Business School
The Lagos Business School has made notable achievements since its inception. First, it has birthed top business moguls around the world, an example which is Ibukun Awosika, the Chairman of First Bank of Nigeria. According to her, “…the program gave me a stronger grasp of the fundamentals and a keener understanding of my decision-making process”. Other notable alumni include: Babajide Sanwo-Olu, Austin Okere, Nnamdi Ezeigbo, Funmi Omo, among others.
In addition, LBS has received notable local and international recognitions. First, it was the first institution in West Africa to be accredited by the Association to Advance Collegiate Schools of Business (AACSB). It has also received a steady ranking since 2007 as one of the top global providers of open enrolment executive education, by the Financial Times of London.
To cap it, LBS was ranked number one in Africa in 2020 by the Financial Times list, and is currently listed among the top 50 global business schools in West Africa.