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Lagos Business School Ranking, Admission Requirements and Fees

Lagos Business School Ranking, Admission Requirements and Fees, Lagos Business School Ranking, Admission Requirements and Fees

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– Lagos Business School Ranking –

Here is Lagos Business School Ranking and Location. Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University (formerly Pan-African University).

About Lagos Business School

Its offerings have been ranked among the best in Africa as it systematically strives to improve the practice of management on the continent.

The business school’s efforts have been recognised by several world-class accreditations and rankings.

Besides the quality bar set at world-standards, LBS programmes also stand out because of the emphasis on professional ethics and service to the community.

Education at LBS is comprehensive, drawing on the experiences of a multinational faculty and participants. Learning is participant-centred and uses the case study method and the group work approach.

Activities hold on the school’s purpose-built facilities whose lecture halls see more than 3,000 participants yearly from indigenous and multinational companies.

These attest to the expert teaching, the relevance of the programmes and the overall benefits derived from attending.

Admission Requirements.

Lagos business school like every other institution has its admission requirements, which every student must meet before they are admitted.

By admission requirement I mean every official information that is requested of you to submit to the school authorities to verify if you are qualified to be given admission into the school, this may include documents or interview results.

According to the official website To be considered for admission, you will have to meet all the following requirements:

1. Five credit passes including English and Mathematics at the Ordinary Level for Anglophone countries.

2. A minimum of second-class lower university degree from a recognised university

3. Minimum of three year’s post-qualification work experience

4. Competitive GMAT or GRE score

5. Demonstrated intellectual capacity, professionalism, maturity and effective decision-making and problem-solving potentials assessed during an interview

Application Documents

1. A completed application form

2. Three reference forms (these may also be sent directly by the referees)

3. Copies of O’Level and university degree certificates (statements of results are acceptable)

4. Official Transcripts sent after you have been admitted (these may be sent directly by your former school)

5. Curriculum Vitae

6. Copy of the NYSC Certificate or Letter of Exemption (for Nigerians only)

7. A passport photograph

Lagos business school Address

The Lagos Business School is located within the premises of Pan-African University, which is at Km 22, Lekki-Epe Expressway, Ajah, Lagos.

Many individuals, both local and international, are proud graduates of this enviable institution of learning.

Lagos business school fees | Living expenses

From the information available to students on the official website, it will cost you N2,511,630 per session to run a program in Lagos Business School, and they run two sessions.

This cover tuition fees and course materials. HEY !! don’t be scared it can be paid in six instalments at the beginning of each semester.

Lagos Business School Fees and Financing

Full-Time MBA1st Session2nd SessionTotal
Programme fees N2,511,630N2,511,630N5,023,260*
Application fee  N5,000
GMAT $250 (2016) Visit www.mba.com for details
or GRE$205 (2016) Visit www.ets.org for details.


1. The Lagos Business School fee is subject to review without notice and can be paid in six instalments. The fees cover tuition and course materials.

InstalmentAmountDate Due

To make payment click  http://profpay.lbs.edu.ng

The School does not provide accommodation but can assist you with information on how to find suitable housing around the School.

Lagos business school Housing | Accommodation 

If there is any challenge facing a student here, it is the non-availability of accommodation. Below are a few suggestions for you to consider if you want to pursue a degree in the school.

Private Rented Accommodation

The options here include renting a studio flat, a flat/apartment, or sharing a house. These can be found in the towns surrounding the University. It is usually cheaper to share accommodation with others.

How much are Lagos Business School MBA Fees

Students typically share flats with other students at a rate of N200,000 – N550,000 per person/annum. Monthly expenses after paying the rent could be as from N30,000.

if this option does not work for you, there are lists of hotels close to school environs.

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LIST OF HOTELS NEAR Lagos Business School

Name & AddressLBS Discounted RatesFacilities & ServicesProximityto LBSContact details
Gran Melia Hotel 

Km 43 Lekki Epe Express Way,

Opposite LBS



Standard RoomN15,750.00

With Breakfast

· Wireless Internet Connectivity· Fully-fitted modern gym

· Multilingual staff

· Swimming pool

· Apartments equipped with Kitchenette and laundry

· Shutle Bus (From Hotel to School)
5 minutes walk  Tel:08089879145



Email: [email protected]



Bates Garden Guest HouseNo. 1 Bawo Oritsejafor Street, off Lekki-Epe Expressway Besides LBS

Standard RoomN13,000.00

With Breakfast

· Wi-Fi Service  Available· Wide selection of TV channels

· Improved health and safety

· Heightened security and CCTV in operation

· Extensive locally sourced seasonal menu.

·       Transportation Available from the Hotel to the School

3 minutes  walk Tel:0803 304 2144

0704 615 3607



Email  [email protected]

Four ways Hotel 

 KM 22 Lekki/Epe Expressway, besides Lagos Business School LBS, Next to Nipco filling Station Ajah-Lekki.

Diplomatic RoomN15,000.00

With Breakfast
· High-Speed Internet· CCTV Surveillance

· Swimming pool

· Restaurant Service

· Exotic Bar

· Guest Shuttle with an Air-conditioned car from the Hotel to the school.

· Efficient Security services with police patrol

· Professional Laundry Services

· Mini Mart

· Gym in view
5  minutes drive  Tel: 08162900003



Email: [email protected]

Website: www.fourwayshotels.com

Oakwood HotelChevron

Roundabout, Lekki-Epe Expressway.

Classic Twin N30,000.00Courtyard King N30,000.00

With Breakfast

· Internet connectivity in all rooms· Car hire services

· Laundry services

· Swimming pool
12 minutes drive  Tel:01 – 270 2900

0807 449 7177
Lime Ridge HotelPlot 10, Chevron Drive, Lekki Lagos

Executive Room.N30,000.00

Classic King N22,500.00,

Superior Queen & Classic Queen N17, 500.00.

All with Breakfast
· Laundry services· Swimming pool

· WIFI or cable internet access.

·   Cardiovascular and strength training equipment
20 minutes drive Tel:0703 926 0956

0908124 0260

0809 808 6789


Email: [email protected]

Oriental Hotel3, Lekki Road,

Victoria Island,

Classic King & Classic Twin( Single)N45,000.00  Classic King & Classic Twin  ( Double)N50, 000.00.

Classic Superior N55,000.00

Breakfast, and includes all rates and taxes.
· Enchanting views of the Lagoon· WIFI or cable internet access.

·        Cardiovascular and strength training equipment, Swimming pool,

· Laundry Services

· Car Hire
30 minutes drive
01 280 66 0007026960044


Email: [email protected]

Website: www.lagosoriental.com
Four Points By SheratonPlot 9/10, Block 2, Oniru Chieftaincy Estate, P.O.Box 53197, Ikoyi-Lagos, Lagos.

Traditional Room N54,400.00

Preferred Room N60,400.00

Executive Room N65,200.00

Breakfast, and includes all rates and taxes.

· Internet connectivity in all rooms· Car hire services

· Laundry services

· Swimming pool
30 minutes drive


234 1 14489434

Email:[email protected]

Website: www.fourpointslagos.com
Eko Hotel and Suites. 

Plot 1415 Adetokunbo Ademola Street, Victoria Island. Lagos

Eko Classic Superior N48,000.00Eko Atlantic Superior N52,500.00

Eko Signature (Club Suit) N73,500.00

Eko Suite Building(Deluxe Room) N51,250.00

Eko Garden(Standard) N50,700.00

Breakfast, and includes all rates and taxes.

· WIFI or cable interest access·  Standard size swimming pool

· Gym, massage parlour etc.

· Swimming pool,

· Laundry Services

· Car Hire
35 minutes drive Tel:

01 277 2700-25,


Email: [email protected]

Website: www.ekohotels.com

East Gate Hotel. 

Plot 4, Dreamworld African Way, Olugborogan Olusesi Layout

Chevron roundabout
Standard Room N14,000.00

(Without Breakfast)


(With Breakfast)

Executive Room N15,000.00

(Without Breakfast)


(With Breakfast).

Like we earlier stated There are few Lagos Business School MBA scholarships available and awarded to students on the basis of financial need and merit.

Candidates can apply for a scholarship once they have been offered a place on the programme.

Lagos Business School Scholarship 2023

Lagos Business School awards several scholarships every year to outstanding students with proven financial need.

To apply for Lagos Business School scholarship, submit a filled scholarship application form to the MBA Admissions Office within the first week of getting an admission letter.

The Lagos Business School scholarship committee meets during the second week of admission letters being sent out. Furthermore, the Lagos Business School Scholarship awardees are notified by the end of the same week.

The Lagos Business School scholarships cover the full tuition for the MBA programme. If awarded, you will be responsible for other personal expenses, including housing and feeding.

To qualify, you must have applied and given admission to taking part in the MBA programme.

Lagos business school courses for 2023

In case you’re wondering what courses are offered and what is required of you, this guide presents you with all the information you need regarding the programmes offered and their respective requirements.

First, you should know that Lagos Business School offers both academic and executive education programmes, as outlined below;

1. Academic Programmes: These include the Full-time MBA, Executive MBA and the Modular Executive MBA.

2. Executive Education: On the other hand, include Advanced Management Programme, Agribusiness Management Programme, Chief Executive Programme, Customized Programmes, Management Acceleration Programme, Open Seminars, and Owner Management Programme. We’ll look at the details later.

Lagos Business School short courses 2023: course Modules

In Lagos Business School courses are offered in different modules. There are the Personal effectiveness and working group module, the Decision Making Considerations.

Also, Business Integration Module, the Basic Management Disciplines Modules and the Elective Module.

1. Under the Personal Effectiveness and Working in Groups Module, the courses offered are Negotiation, Business Games, Team Building, Communication and Project Management.

2. Under the Decision Making Considerations and Business Integration Module, the courses available are Economic Analysis, Business Ethics, Analysis of Business Problems, Social-Political Environment of Business and Business Policy.

3. Under the Basic Management Disciplines Module, the courses are the management of Human Resources, Marketing, Finance, Entrepreneurship, Operations, Management Information Systems, Corporate Financial Accounting and cost and management accounting.

4. Under the Elective Module, the courses offered are Oral Presentation Skills, Coaching and Mentoring, Social Skills for Business Performance, Managing the Health of Executives, Organisational Diplomacy, Work-Life Balance, Business Continuity Planning/ Disaster Management and Leadership Skill.

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Lagos Business School: Programme Structure

The MBA programme at the Lagos Business School follows structure below;

1. Brush Up: This is a preparatory module with which you’re expected to kick start your programme. It provides a foundational experience ahead of your MBA courses.

You will be exposed to sessions in Business, Accounting, Mathematics, English, and Quantitative Analysis.

Brief sessions are also organised on business etiquette and dress sense so that you can always comport yourself properly anywhere you are, as an ambassador of the school. It lasts for four (4) weeks in September.

2. Year One: This is the first year of your programme. You must ensure to take all the courses offered in the curriculum for the year.

It is divided into three (3) semesters, each lasting three (3) months; October-December, January-March and April-June.

3. Internship: The internship is a 3-month on-field exercise that allows you to gain exposure in the business world and apply the knowledge you must’ve learnt in your first year.

4. Year Two: Here, your given the freedom to choose elective courses which you can take at school or at an exchange programme which the school runs with any of its strategic partners.

At the end of the programme, you can only graduate if you’re able to attain the stipulated minimum credits as distributed below;

1. Core Courses: 60.5 credits

2. Internship: 6 credits

3. Electives: 12 credits

Lagos Business School: Departments to choose from

The school has the following department in its faculty;

1. Accounting

2. Analysis of Business Problems

3. Business Ethics

4. Corporate Governance

5. Economics

6. Entrepreneurship

7. Finance

8. Human Resource Management

9. Management Information Systems

10. Operations Management

11. Sales and Marketing

12. Social and Political Economy of Business

13. Strategy

Other Information About Lagos Business School Courses 2021

Currently, LBS offers the following programmes:

1. MBA

2. Modular Executive MBA

3. Executive MBA

4. Executive Programmes

5. Custom Programmes

6. Open Seminar

Lagos BS MBA

The Lagos Business School MBA programme is a standard programme that is in line with global best practice without neglecting professionalism and high ethical standards.

The focus of the MBA is to develop responsible leaders for Africa starting from Nigeria.

Prior to being considered for admission, meet the requirements listed above in the requirement section

Usually, the application process takes about four months, Some of the features of the programme are highlighted below:

1. Three years of minimum work experience is mandatory for all candidates

2. The programme length is 18 months. You have to complete 15 months of in-class study and at least 72 credit hours of coursework to successfully complete the programme. There are three semesters in all; two semesters in the first academic year, one semester in the final year.

3. The last semester is an elective semester and students can choose to participate in a student exchange program with our partner schools abroad or offer electives locally.

In the course of your MBA, students are also expected to undertake an action learning project. In this case, groups of students will be required to review the operations of a selected small and medium enterprise (SME).

Also, it helps design what will take the firm to the next level.

LB School Executive MBA

The Executive MBA also known as EMBA is an intense programme that prepares potential executives for senior leadership.

The programme provides an analytical and integrated understanding of business management, which allows participants to apply for learning.

Also, the project work directly to their own organisations while building a strong network of like-minded colleagues across a wide range of industries.

The goal of the EMBA is to create an environment where participants can learn how to handle difficult real-life problems.

Also, it is achieved by probing, discussing, and working together as a team towards achieving a deeper insight and solving organizational problems.

The EMBA is best for people in full-time employment in positions as it enables them to apply what they learn while they complete their academic programme.

The exposure offered by the EMBA is a well-rounded experience that gives participants a balanced view of life.

The programme cost N3,500,000 per session. Equally, the fee is payable in instalments at the beginning of each semester, and it covers tuition and course materials.

The fee is also subject to periodic reviews.

The programme is delivered in six 14-week semesters, spread over two sessions for 24 months. A session begins in January and ends in December.

Lagos Business School Ranking: Classes

Classes hold on Fridays from 1.30 p.m to 7.45 p.m. and on Saturdays from 9.00 a.m to 1.45 p.m.

In addition, there is a five-day intensive week once every semester, where classes hold from 9.00 a.m to 3.30 p.m. from Monday through to Friday. There are no classes on the Saturday following an intensive week.

Executive education at LBS is comprehensive, drawing on experiences of multinational faculty and participants.

Lagos Business School Ranking: Programme

Our system of teaching ensures that participants gain management knowledge and skills, by employing the case-study method and group-work approach to learning. We believe in learning by doing.

Apart from the MBA and EMBA, there are some other programmes you can enrol in at LBS. These include:

1. Advanced Management Programme

2. Owner Manager Programme

3. Senior Management Programme

4. Chief Executive Programme

5. Management Acceleration Programme

6. Agribusiness Management Programme and

7. Global Chief Executive Programme

Lagos Business School Ranking

For 12 consecutive years, the Financial Times has ranked among the top business schools in open enrolment executive education and for 3 years in the custom executive education LBS, London.

LBS is the first institution in West Africa to make it to the prestigious list

International Rankings
FT – Executive Education – Customized75th68th64th
FT – Executive Education – Open64th69th69th
CEO Magazine – Global Executive MBA (Tier One)70t

                                                AFRICAN RANKING

FT – Executive Education – Customized4th3rd3rd
FT – Executive Education – Open3rd3rd3rd
CEO Magazine – Global Executive MBA (Tier One)1st

According to the latest ranking by Economist magazine’s 2018 EMBA ranking, Lagos Business School (LBS) has been ranked among the top 50 business schools .

The LBS Executive MBA programme ranks as 48th best in the world out of 65 schools featured on that list.

The Economist’s EMBA ranking is a bi-annual list of the best providers of the Executive MBA programme across the world.

Moreso, they are categorised based on two broad measures: personal development/educational experience and career development.

Being the only business school in Africa to feature in this year’s ranking, LBS was judged by the quality of its EMBA participants, their work experience, the number of industry sectors from which they applied, their career progression, the quality of faculty, percentage of faculty with a PhD, among other criteria.

Lagos Business School Alumni

All persons who have successfully completed an Executive or Degree Programme at Lagos Business School, or who had been a full-time member of faculty, are eligible to be members of the LBS Alumni Association -LBSAA

LBSAA members make up an important part of the Lagos Business School community because it is through its alumni’s activities and involvement that LBS achieves its long-term aim.

Lagos Business School Ranking: WOLE OSHIN – PRESIDENT 

Wole is the founder and Group Managing Director of Custodian and Allied Plc. Having graduated from the University of Lagos with a B.Sc. in Actuarial Science.

Wole at various times worked at the National Insurance Corporation of Nigeria (NICON), Femi Johnson & Company Limited (Insurance Brokers) and Crusader Insurance Plc, from where he left to found Custodian in 1994.

Wole has over 26 years of experience in Insurance Underwriting/Claims, Marketing and Investment.

He serves on the Board of several companies and was on the Presidential Committee that set up the reforms in the Pensions Industry.

Wole is a past Chairman of the Nigerian Insurers Association, former Council member of the West Africa Insurance Institute (WAII), a member of the Council of the West African Insurance Companies Association (WAICA).

He is a Fellow of the Chartered Insurance Institute of Nigeria and an Associate of the Chartered Insurance Institute, U.K.

He is the first and only African and also a Director of the International Insurance Society (IIS) New York, the elite society of insurance companies worldwide. 

Finally, he is an alumnus of the Harvard Business School and Lagos Business School.

Lagos Business School Ranking: BOLA ADESOLA – VICE PRESIDENT 

Bola Adesola was appointed Managing Director and Chief Executive Officer of Standard Chartered Bank Nigeria Ltd in March 2011.

Prior to joining the bank, she was an Executive Director in First Bank of Nigeria Plc where she handled the Corporate Banking business.

Later, managing the entire business in the Lagos Directorate, including retail, corporate and commercial banking.

Previously, she was Managing Director of Kakawa Discount House, Nigeria, where she drove record business performance.

She also worked in Citibank for 9 years in senior leadership roles in Nigeria and Tanzania. As MD/CEO of one of Standard Chartered’s most promising markets.

Bola provides leadership for the Group in Nigeria through developing overall country strategy and direction.

Her deep knowledge of the Nigerian market, strong client and regulatory relationships, and broad banking experience drive the continued strengthening of Standard Chartered Bank’s franchise in Nigeria.

Called to the Nigerian Bar in 1985, Bola Adesola has over 25 years of banking experience.

An alumnus of Harvard Business School and Lagos Business School, she also holds a Law degree from the University of Buckingham, UK.

Bola is an Honorary Fellow of the Chartered Institute of Bankers Nigeria and sits on the Board of the Financial Markets Dealers Association having served in various capacities in developing the Nigerian Money Market.

Also, the Interbank Settlement Systems and the Discount House subsector. Bola also chairs the Central Bank of Nigeria Bankers’ Sub-Committee on Women’s Economic Empowerment.

She is a member of the Nigeria National Competitiveness Council, inaugurated by President Goodluck Jonathan in 2013 and was recently appointed the first female Vice President of Lagos Business School Alumni Association (LBSAA).


Mr Bonaventure Egboh is the Managing Director and Chief Executive Officer of TRIBOCH International Limited, a group of diverse companies operating in the Seed Production, Agro-chemicals, Food Processing and FMCGs Retail sub-sectors of the economy.

Mr Egboh is an entrepreneur with extensive experience in marketing and distribution. His core expertise is in brand positioning.

He gained vast industry experience working with The Candel Company Limited; a leading company in the Agricultural Sector of the Nigerian economy for 21 years.

He rose to become the GM, Sales and Marketing; hitting sales of N5.4B in 2011. Equally, he left to pioneer Triseeds, Impact Chemicals, Trifoods, and Trimart – member companies of the TRIBOCH group.

Mr Egboh is a graduate of the University of Nigeria with a Bachelor’s degree in Urban and Regional Planning.

Bonaventure has attended many programmes in Agriculture and Management across the world, including a Key Executives Programme at Harvard Business School in 2009. 

Bona is a proud alumnus of the prestigious Lagos Business School (LBS), completing the Senior Management Programme (SMP) in 1997 and the Executive MBA in 2013.

He is a member of the National Institute of Town Planners and an Executive Member of the National Institute of Marketing (NIM) of Nigeria.

Mr Egboh enjoys travelling and spending quality time with his family.


Demola Aladekomo is the Group Managing Director of CHAMS Group and the Chairman of Chams Plc. He started CHAMS 27 years ago as the first indigenous computer maintenance outfit.

Over the years, the company has pioneered many new technologies and provided intelligent solutions to a wide range of public and private initiatives.

Some of his achievements in IT practice include the first wide-area-network on PCs in Nigeria, the first company to venture into card technologies in Nigeria, and the Guinness Book of Records recognition for Chams City Innovation.

With a commitment and passion to provide solutions that lead to the enhancement of the living standards of the Nigerian people.

Also, he led the team that won the concession on the Identity Management Program in Nigeria, among other trailblazing efforts in Nigeria.

Demola is acknowledged as the brain behind the success of the first e-payment card in Nigeria birthed by the Valucard project working with a consortium of 5 indigenous Banks.

Demola was also part of the first Chief Executive Program at the Lagos Business School (LBS) and now serves as the President of the Lagos Business School Alumni Association (LBSAA).

He is the immediate Past President and a fellow of the Nigeria Computer Society (FNCS), a member of the Nigerian Society of Engineers (NSE) and a fellow of the Computer Professionals Registration Council (CPN).

Moreso, he is the Chairman, Board of Trustees: Volunteer Corps, a non-governmental organisation committed to professional volunteerism for public school education.

Demola also served as the Vice-Chairman of the Board of Trustees of Smart Card Society of Nigeria.

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Reasons to Attend Business School 


School Founder

Prof. Pat Utomi co-founded the Lagos Business School, now Pan African University, in 1993 with the Opus Dei, a Catholic religious group.

As an entrepreneur, he has founded or co-founded companies that are active in fields including financial services, ICT, Media and Agriculture. He was a candidate for President of Nigeria in 2007 and 2011.

Prof. has reached the top in several endeavours, becoming one of Nigeria’s top managers in Manufacturing before his 33rd birthday, reaching a Presidential Advisory position at 27;

Earning two Master Degrees and a PhD at 26, a professorship and global acknowledgement as a leading scholar in business, Political Economy and Media Studies in his forties.

He also belongs to many professional bodies. He is a member of, Nigerian Institute of Public Relations, NIPR, Institute of Directors, IOD, Nigeria Economic Summit Group and Nigeria Economic Society.

He coordinated the establishment of several civil society groups on good governance and accountability.

Such as Transparency in Nigeria, The Centre for Values in Leadership, The Concerned Professionals, and the Restoration Group.

In the business sphere, Utomi was the vice-chairman, Platinium–Habib Bank. He is an accomplished columnist, and chairman, BusinessDay Media Limited and creator of Patito’s Gang, a television talk show.

He has served on the key apex private sector associations including the Lagos Chamber of Commerce and Industry (LCCI);

More About the Founder: Lagos Business School Ranking

The National Council of the Manufacturers Association of Nigeria; and the Nigeria Employers Consultative Association (NECA).

He is active on the international speaking circuit, especially on the subjects of Growth economics, comparative development, Leadership, the Curse of Oil and China’s Economic surge and growing influence in Africa.

He has collaborated fairly frequently with the centre for strategic and international studies (CSIS) in Washington and Chatham House in the UK.

Also, he has also written commissioned papers for the UK’s DFID, including the latest collaboration with colleagues from Oxford on the Political Economy of growth in Nigeria. (2006).

At this point, we believe we have been able to give you all you need to know About Lagos Business School, therefore if there is any other information do well to share it with us in the comment box.

Equally, kindly share this information with your family and friends.

CSN Team.

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