jossylad86:


Even the UK is offering Nigerians full scholarships to study online MBA in any course in the UK.

Even the UK is offering Nigerians full scholarships to study online MBA in any course in the UK.

Gaggi:

Is an MBA still regarded as prestigious in Nigeria? It used to be so hyped round the world. I'm currently doing one and want to know if it will give me an edge over my colleagues?

i hear everybody talking of IT certification as the in thing. Truth is everybody cannot be an IT person.
What are my chances of rising high in management with my MBA? Do i need to acquire any more qualifications?

obamacain:

I would be starting one very soon from one of the top 5.

Justcash:

It is what you can do (practical Skills) that matters more. If you can stimulate profit in an organisation, then you only need an MBA to gain the employers attention. However, If you go in there and sit like a lame duck without doing anything, the wind of change will blow you away, MBA or No MBA. Prestigious school or no prestigious school. 

Katsumoto:

If your intention is to have an edge over your colleagues, then you should go to the best school that you can afford and that is convenient for you. Where you do an MBA matters a lot. There are lots of Nigerians doing MBA programs in the UK; so that is a standard somewhat. There is a difference between getting an MBA from Harvard, Stanford, etc and getting one from Unilag, LBS, etc.

pak:

This same Lagos Business School was for 3 years rated amongst the fifty best business schools in the world.

AjanleKoko:

Not true.
LBS has never been rated in any ranking I have seen, not since they became Pan-African University.
Their affiliate school, IESE Navarro, is the rated B-School, not LBS. Prior to their getting a license, LBS was awarding IESE degrees.

Guy, what's not true? guess you should check financial times' ranking conducted by KPMG. LBS ranked 50, 47 and 53 in open enrollment education in 2007, 2008 and 2009 respectively. I guess the case method gives it an edge even thugh there are a lot of areas that can be developed by the school.

Southsea:

Guy, what's not true? guess you should check financial times' ranking conducted by KPMG. LBS ranked 50, 47 and 53 in open enrollment education in 2007, 2008 and 2009 respectively. I guess the case method gives it an edge even thugh there are a lot of areas that can be developed by the school.

rookie:

I believe this is the ranking (for executive education not full-time MBA) that Southsea is talking about.

http://rankings.ft.com/businessschoolrankings/executive-education---open

http://rankings.ft.com/businessschoolrankings/lagos-business-school

However, this is for global MBA ranking list in which LBS is not ranked

http://rankings.ft.com/businessschoolrankings/global-mba-rankings

pak:

This same Lagos Business School was for 3 years rated amongst the fifty best business schools in the world.

Southsea:

Guy, what's not true? guess you should check financial times' ranking conducted by KPMG. LBS ranked 50, 47 and 53 in open enrollment education in 2007, 2008 and 2009 respectively. I guess the case method gives it an edge even thugh there are a lot of areas that can be developed by the school.

AjanleKoko:

I thought the argument was about 'the best business schools in the world', not 'the best business schools in open enrolment'.

joshO:

MBA's are relevant and can certainly open doors. However, I believe it's important to have a core compentency as that gives you that extra edge. For example, if you've have many year's experience in IT, Accounting, Risk, Finance etc, gaining an MBA could be the tonic needed in accelerating your careers to senior management.  It's no longer sufficient to sell yourself exclusively as an MBA holder and the competition is growing and it may be viewed by many as being to generic (particularly the general management MBA's). That explains why many successful MBA's nowadays hold other specialist certifications such as CFA, FRM, ACCA, SAP etc ,

pak:


I dont know why Nigerians like to talk like this ?

Must we disparage everthing about ourselves.

This same Lagos Business School was for 3 years rated amongst the fifty best business schools in the world.

I know there are a lot of things wrong with this country but if we do not learn to appreciate the little successes we have then we will
always find it hard moving forward.


To answer the poster's question,
Anyway, I think the MBA is valuable, infact very valuable.

let me quote from the renowned consultant, Peter Drucker to buttress my point -

'Managerial talent is the scarcest, most expensive and also potentially most effective of all human resource in a business.


I have been in IT for some years now but am seriously considering getting an MBA myself.

AjanleKoko:

Not true.
LBS has never been rated in any ranking I have seen, not since they became Pan-African University.
Their affiliate school, IESE Navarro, is the rated B-School, not LBS. Prior to their getting a license, LBS was awarding IESE degrees.

Hmmn, so going for the two year full-time MBA may not be a wise decision afterall. I guess people really have to do their research before choosing what school to attend but c'mon the programme should still have some clout at least in the West-African region.

It would be nice to meet some graduates of the programme and get their feedback on the programme's content and life afterwards.

Any volunteers?

I still regard the institution highly though.

asha 80:

What is prestiguos in nigeria is the cash you have.