|Department of Business Administration |
|J.O. Adetayo || |
B.Sc. (Gregorio University, Manila); Ph.D. (MLQ University, Manila)
Reader and Ag. Head
|G.O. Kolawole || |
B.Sc., MBA (New York)
M.Sc. (Moscow); M.Sc. (U.K.)
|J.O. Laosebikan || |
B.Ed., M.Ed., Ph.D. (Ibadan)
B.Sc. (OAU); MBA, M.Sc. (Ilorin)
|C.F. Ogunlusi || |
HND (Yaba); B.Sc., M.Sc. (Lagos)
Grace F. Adeleru
B.Sc., MPA (Tennessee)
B.Sc. (ABU); M.Sc. (Lagos)
B.Sc. (Bowen); M.Sc. (U.K.)
B.Sc., MPA (Tennessee)
DEPARTMENT OF BUSINESS ADMINISTRATION
B.Sc. Degree Programme in Business Administration
PHILOSOPHY AND OBJECTIVES
To actualize a programme that will develop the mind of the students and also impact theoretical and practical knowledge in all areas of business to the ends that the students will have sound analytical tools and excellent ethical business practices.
(i) to impact knowledge needed for an understanding and analysis of problems relating to the management of organizations;
(ii) to develop in students, their creative capabilities to enable them operate effectively in an ever-changing environment;
(iii) to develop in students the ability to solve societal problems in business.
A. LIST OF COURSES BY LEVELS
Course Code Course Title Credit(s)
BUS 110 Introduction to Management and Society 3
BUS 120 Entrepreneurship I: Introduction 3
BUS 122 Introduction to Marketing 3
BUS 123 Introduction to Personnel Management 3
ACC 111 Basic Financial Accounting I 3
ACC 121 Basic Financial Accounting II 3
GST 110 Use of English 2
GST 113 Christian Education 2
GST 122 Introduction to Information and Communication
GST 123 Library and Information Literacy Skills 2
BUS 210 Introduction to Business 3
BUS 212 Foundation of Industrial Relations 3
BUS 213 Business Mathematics I 3
BUS 220 Nigerian Business Environment 3
BUS 221 Entrepreneurship II: Basic Tools in the
Management of SMEs 3
BUS 222 Business Statistics I 3
BUS 223 Business Mathematics II 3
ECN 210 Principles of Microeconomics 3
ECN 220 Principles of Macroeconomics 3
ACC 213 Principles of Accounting I 3
GST 201 Studies in Entrepreneurship and New Ventures 2
GST 216 History and Philosophy of Science 1
GST 228 Peace Studies and Conflict Resolution 2
BUS 311 Business Communications 3
BUS 312 Business Statistics II 3
BUS 313 Management Theory I 3
BUS 314 Marketing Management 3
BUS 315 Organisation Behaviour I 3
BUS 320 Entrepreneurship III: Project Design 3
BUS 321 Human Resources Management 3
BUS 322 Organisation Behaviour II 3
BUS 323 Production Management I 3
BUS 324 Management Theory II 3
BUS 325 Research Methodology 3
GST 301 Culture and Civilization in Africa 1
GST 302 Studies in Philosophy and Logic 1
BUS 411 Quantitative Methods for Business Decisions I 3
BUS 412 Production Management II 3
BUS 413 Multinational Business 3
BUS 414 Business Policy and Strategy I 3
BUS 415 Elements of Industrial Relations 3
BUS 416 Consumer Behaviour 3
BUS 417 Seminar in Marketing Problems 3
BUS 420 Entrepreneurship IV: Feasibility Study 3
BUS 421 Quantitative Methods for Business Decisions II 3
BUS 423 Marketing Research 3
BUS 424 Business Policy and Strategy II 3
BUS 425 Seminar in Management Problems 3
BUS 426 International Marketing 3
BUS 427 Distribution and Sales Management 3
BUS 499 Research Project 5
B. SUMMARY OF DEPARTMENTAL GRADUATION REQUIREMENTS
(No. of credits in brackets)
BUS 110(3), BUS 120(3), BUS 122(3), BUS 123(3), ACC 111(3), ACC 121(3), GST 110(2), GST 113(2), GST 122(2), GST 123(2).
Total 26 Credits
Students are advised to register for not less than 4 credits from the following courses: BFN 110(3), ECN 110(3), ECN 120(3), ECN 114(3), ECN 124(3) AGR 111(2) and any other relevant ones with the permission of the Head of Department.
BUS 212(3), BUS 213(3), BUS 220(3), BUS 221(3), BUS 222(3), BUS 223(3), ACC 213(3), ECN 210(3), GST 201(2), GST 216(1), GST 228(2).
Total 29 Credits
Students are advised to register for not less than 1 credit from the following courses: BUS 210(3), ACC 211(3), ACC 220(3), BFN 210(3), BFN 220(3), ECN 216(3), ECN 220(3) with the permission of the Head of Department.
BUS 311(3), BUS 312(3), BUS 313(3), BUS 314(3), BUS 320(3), BUS 321(3), BUS 323(3), BUS 324(3), BUS 325(3), GST 301(1), GST 302(1).
Total 29 Credits
Students are advised to register for not less than 1 credit from the following courses: BUS 315(3), BUS 322(3), ACC 313(3), BFN 317(3), ECN 314(3), ECN 315(3) and any other relevant ones with the permission of the Head of Department.
BUS 411(3), BUS 412(3), BUS 414(3), BUS 415(3), BUS 420(3), BUS 421(3), BUS 423(3), BUS 424(3), BUS 499(5).
Total 29 Credits
Students are advised to register for not less than 1 credit from the following courses: BUS 413(3), BUS 416(3), BUS 417 (3), BUS 425(3), BUS 426(3), BUS 427(3) and any other relevant ones with the permission of the Head of Department.
C. COURSE DESCRIPTIONS
BUS 110 INTRODUCTION TO MANAGEMENT AND SOCIETY 3 Credits
Management in the National and West African economic context: Federal and State Planning policies, size, distribution and age structure of the working population, Federal and State regulations relating to economic activity and Federal law relating to formation of business, profit distribution and taxation, shareholders, protection, employment and consumer welfare protection.
BUS 120 ENTREPRENEURSHIP I: INTRODUCTION 3 Credits
Characteristics of an entrepreneur as well as the Macroeconomic environment of the Small and Medium Enterprises (SMEs); The role of SMEs, Government policies and their effects on SMEs, Financial institutions and SMEs, the roles of sectoral organizations such institutions as banks, research institutions and industrial development. Attempts are made to introduce and familiarize students to major production centres (of SMEs) while during their long holiday, they are attached to leading SMEs in the South West sub-region.
BUS 122 INTRODUCTION TO MARKETING 3 Credits
Definition of Marketing and Marketing Concepts. The Marketing system, Markets Analysis, Marketing Environments, Marketing System, Markets segmentation and product differentiation. The Marketing Mix, the product concepts and development of New Product life cycle Management.
BUS 123 INTRODUCTION TO PERSONNEL MANAGEMENT 3 Credits
Definition of Personnel Management; purpose of Personnel Management; Functions of a Personnel Department; Job analysis; sources of labour to an organization. Selection process (use of 7 point plan and 5 fold grading system) Induction Programme.
BUS 210 INTRODUCTION TO BUSINESS 3 Credits
The nature and scope of business; forms of business ownership; organization structure; social responsibility of business; role of international organization; industrialization and development; and problems of Nigeria business enterprises.
BUS 212 FOUNDATION OF INDUSTRIAL RELATIONS 3 Credits
To familiarize students with the broad field of Industrial Relations and thereby provide a foundation for subsequent courses in Industrial Relations. The course provides a general introduction to the study of Trade Unions, employers (associations), organisation collective bargaining, industrial conflicts; Labour economics and labour management relations.
BUS 213 BUSINESS MATHEMATICS I 3 Credits
Use of Mathematics in business, its implications and abuse; mathematics and symbolic logic; inductive and deductive systems; concepts of sets; and its applications; Mapping and transformation; real numbers and mathematical induction; Linear equations and inequalities; solutions of equations – quadratic and simultaneous; Functional relationships: types of functions and its applications involving cost, revenue and profit functions, break-even analysis; Progressions: arithmetic progression, geometric progression, geometric mean, harmonic progression, harmonic mean; surds and indices; permutation and combinations; Binormal theorem.
BUS 220 NIGERIAN BUSINESS ENVIRONMENT 3 Credits
The concepts of Business Environment; The environment of an organisation as a source of inputs and as a repository for the outputs of Organisations; Model of relationship between organisations and their environments; Measuring the major aspects of the environment of an organisation; The Nigerian business system in charts, figures and general descriptions; the role of government in the business system; The factors affecting public and private organisation in Nigeria; International environment of business; The interface between given organizations and their relevant environment.
BUS 221 ENTREPRENEURSHIP II: BASIC TOOLS IN THE MANAGEMENT OF SMEs 3 Credits
Approaches to Entrepreneurship Psychological Approach, Sociological Approach. Distinctive Competence; Importance of Entrepreneurship; Benefits of Entrepreneurship; Environmental variables favouring Entrepreneurship; Barriers of Entry, Planning a strategy, choosing and organisation and nurturing the entrepreneurial spirit.
BUS 222 BUSINESS STATISTICS I 3 Credits
Nature of statistics, statistical inquiries, format and design; The role of statistics; Basic concepts in statistics; Discrete and continuous variable; Sources of data; Methods of Data Collection; Primary Data measures of central tendency and dispersion; Moments, skew ness and Kurotosis. Elementary Probability Distributing Binormal Poisson; Hypergeometric and Normal.
BUS 223 BUSINESS MATHEMATICS II 3 Credits
Mathematics of finance; sequences and series, percentages, simple interest, compound interest, investment appraisal, annuities, perpetuity, discounts; measurement of angles; properties of triangles: sine formula, cosine formula, Napier’s formula, projection formula; coordinates and loci; the straight line; the Circle; trigonometric functions; Logarithmic functions; Exponential functions Matrix Algebra: types, basic operations, transpose, matrix inversion, Cramer’s rule, input-output; Linear programming and Dynamics; Differentiation; Integration; and their applications in business.
BUS 311 BUSINESS COMMUNICATION 3 Credits
The course is designed to give practice in different aspects of business communications. Students are exposed to the four language skills (listening, speaking, reading and writing) as related to business. The registers used, the Lexical structure of texts and grammatical features in business communication. Emphasis will be placed on developing business writing skills-report, letters of request, apology etc. Basic principles of communication skills in writing letters, memos reports and proposals, applications and resume/CV. Business speaking skills for informing, instructing, job interviewing, selling, persuading and motivating.
BUS 312 BUSINESS STATISTICS II 3 Credits
Elementary probability distribution, normal, binormial, poison and hyper geometric, elementary sampling theory, estimation theory, students distribution, statistically decision theory, tests of hypothesis for small and large samples, chi-square distribution and test of goodness of fit, linear regression, correlation theory, index number, times series and analysis of time series.
BUS 313 MANAGEMENT THEORY I 3 Credits
Consideration of simple theories in management; Links between management theories and management models; practice of management; Difficulties of developing useful management theories in Nigeria and other developing countries; The management Grid, management by objectives, quantitative and behavioural control models. Management approaches to work in Nigeria organisations by expatriates. Criteria for identifying bad management practices and idea of how better management theories may be introduced to particular Nigeria organizations.
BUS 314 MARKETING MANAGEMENT 3 Credits
Consideration of the marketing environment and marketing analysis. Applications of the principles of management to the whole marketing function (product, physical distribution, pricing and promotion). Social responsibilities and marketing; Marketing of professional services. Appraisal of the marketing effort.
BUS 315 ORGANISATION BEHAVIOUR I 3 Credits
Concepts of behaviors, organization, managers, administrators and performance. Individual behavioural processes such as personal systems, self-concept development, interaction styles. Group behavioural processes such as informal structures, norms of work and play, status-based rewards and punishments, leadership, task distributions, and performance appraisals; elementary theories of organizational behavior and their relevance to Nigeria. Behavior model-building of behavior observable in the Nigeria organizations. Making changes in individuals and groups.
BUS 320 ENTREPRENEURSHIP III: PROJECT DESIGN 3 Credits
Concept of a project, the three phases of a project; inception, plan and operation. Purpose of a project, project environment sequence of activities, human resources requirements, the role of the project manager and project team, conditions for project success.
BUS 321 HUMAN RESOURCES MANAGEMENT 3 Credits
The course focuses on the essentials of managing people working in organizations, some theories of motivation, assessment methods and application to selection, leadership, conformity, problem solving and decision-making, prejudices, stereotyping and resistance to change.
BUS 322 ORGANISATION BEHAVIOUR II 3 Credits
Concepts of behavior; individual and group behavior processes; Theories of organizational behavior and relevance to Nigeria; Behavioural model buildings and change, resistance to change, limitation of policies and the general rules of civil service in controlling human behavior; Designing effective organizations in Nigeria.
BUS 323 PRODUCTION MANAGEMENT I 3 Credits
Elements of production; process design and management; facility location and layout modern tools and machines; standards definition; line balancing automations; Production scheduling and control; work measurement; maintenance of tools and quality control.
BUS 324 MANAGEMENT THEORY II 3 Credits
Practice in contrasting management theories from the Nigeria socio-cultural settings; family issues, setting group conflicts increasing productivity at work maintaining control of the forces in the environment. Observable theories in the way Nigeria parastatals are managed.
BUS 325 RESEARCH METHODOLOGY 3 Credits
This course is designed to equip students with skills of scientific investigation, methods of gathering, analysis and interpretation of business data to solve organisation problems in Nigeria. Report writing, the problems and prospects of business research in Nigeria. Application of analytical tools to solving marketing problems including product, market, distribution channels, sales efforts and advertising. Emphasizing planning, investigation, collection, interpretation of data and presentation of results.
BUS 411 QUANTITATIVE METHODS FOR BUSINESS DECISION I 3 Credits
Introduction to operations research, a decision-making, problem solving, and science-based activity. Topics to be covered include Elements of Decision analysis; Types of decision situations, Decisions Tree Operational Research Approach to Decision Analysis, System and System Analysis, Modeling in Operations Research (OR) and simulation.
BUS 412 PRODUCTION MANAGEMENT II 3 Credits
This course is designed to give an understanding of advanced topics in production management. These include inventory control, project planning, forecasting, aggregate planning quality control and material resources planning.
BUS 413 MULTINATIONAL BUSINESS 3 Credits
Marketing Research Design, Value and Cost of information, Survey research. Experimentation, Questionnaire Design, Observation and Depth Interview, sampling process and sample size. Data analysis and presentation.
BUS 414 BUSINESS POLICY AND STRATEGY I 3 Credits
The course utilizes knowledge from the functional areas of business: production, marketing, accounting/finance and human resources management. Topics include, introduction to business policy and strategy, dimensions of corporate strategy, environment of policy and strategy, managerial roles and responsibilities, corporate planning TQM and business social responsibility.
BUS 415 ELEMENTS OF INDUSTRIAL RELATIONS 3 Credits
The concepts of industrial relations, trade unions, types, origin and government, central labour and international labour organizations, union solidarity, collective bargaining, industrial dispute settlement procedures, employers associations, international comparison of industrial relations.
BUS 416 CONSUMER BEHAVIOUR 3 Credits
This course is designed to give the students an understanding of the consumer in marketing, motivation characters; culture context; influence of individual character; differences; attitude change and persuasive communication. Decision process and issues in consumerism.
BUS 417 SEMINAR IN MARKETING PROBLEMS 3 Credits
The case method and simulation techniques are used as a basic for analyzing marketing situations, identifying problems and integrating the consideration of all phases of the marketing field, including product introduction, competition situations and plans for meting competition, marketing strategy, pricing methods and specific efforts
BUS 420 ENTREPRENEURSHIP IV: FEASIBILITY STUDY 3 Credits
Nature and purposes of feasibility study. Advantages of feasibility study. Stages of a feasibility study; Need for the business locations, market, physical facilities operating personnel financial projection; types of goods or services, forms of business ownership. Students are expected to visit major production centers (like SMEs) while also having entrepreneurial vocational class works and presentations.
BUS 421 QUANTITATIVE METHODS FOR BUSINESS DECISION II 3 Credits
Mathematical programming, transportation model, Assignment model, conflict analysis and game theory, project management and other Operations Research (OR) models.
45h(T);C; PR: BUS 411.
BUS 423 MULTINATIONAL BUSINESS 3 Credits
Definitions of Multinational Business: Investment Analysis, Issues in Multinationals and Third World Economic Development. The New Economic Order and the multinationals. National and international control of multinationals. Sources of financing multinational enterprises.
BUS 424 BUSINESS POLICY AND STRATEGY II 3 Credits
Interdependence of policy formulation and implementation; strategy and organization structure; establishment of standards and measurement of performance; motivation and incentive system; managing the strategic process and management of change; recent developments affecting strategy formulation and implementation process of firms in Nigeria: The case approach to the study of Business policy and strategy. The objectives of case analysis, conducting strategic analysis of a firm; preparing a written case; practice in analyzing cases.
45h(T);C; PR: BUS 414.
BUS 425 SEMINAR IN MANAGEMENT PROBLEMS 3 Credits
Causes of death of small business enterprises, problems of managing human resources absenteeism, high rate of labour turnover, labour grievance, problem of motivating staff and effect of poor leadership on worker productivity and satisfaction.
BUS 426 INTERNATIONAL MARKETING 3 Credits
Nature of international marketing; comparison with national marketing, barriers to international marketing, organization for international marketing, organization for international marketing legislation’s governing international trade, patents and trade mark.
BUS 427 DISTRIBUTION AND SALES MANAGEMENT 3 Credits
Organization and management of Sales Department, sales planning, forecasting, and analysis, selection, training motivation, compensation and control of sales force. Evaluation of Sales Department, Sales management, objectives of sales management, executive as coordinator. Setting selling – Personal objectives, determining sales policies, formulating, personal – selling strategy, The sales executive job. The Sales organization, sales department relations, distributive network relations.
BUS 499 RESEARCH PROJECT 5 Credits
An independent empirical or library-based study of an approved topic within the business management area aimed at developing students’ skill in analysis and writing of reports.