School Guide

Best Universities to Study Business in Nigeria

Business and entrepreneuership  undergraduate programmes, like the BBA degrees offered by international business schools, cover topics like production and planning, decision- making, project management, and allocating resources  (both human and financial) in accordance with organisational objectives, rules, and guidelines.

Degree in Business and  entrepreneuership Programme is 4-years. A programme of study will be provided which will lead to the award of a Bachelor’s degree to be denoted as B.Sc. Business Administration with Honours.

Best Universities to Study Business and Entrepreneuership in Nigeria

Business and entrepreneuership  undergraduate programmes, like the BBA degrees offered by international

Below are the best universities to study business and entrepreneuership programs in Nigeria 

University of Lagos

The University of Lagos, fondly called Unilag, is one of the top universities in Nigeria for studying business and entrepreneurship.

Unilag offers undergraduate and postgraduate programs in business administration, accounting, finance, marketing, and more. Their business school is accredited by the Association to Advance Collegiate Schools of Business (AACSB) so you know you’ll get a high-quality education.

Unilag offers a BSc in Business Administration with options to concentrate in areas like accounting, finance, marketing, or management. They also offer an MBA, MSc, and PhD in Business Administration for those who want to take their education to the next level.

Unilag provides opportunities for internships, student organizations, and networking so you can gain experience. Their Student Industrial Work Experience Scheme allows you to intern at major companies. Joining student organizations focused on your area of study, like the Marketing Students Association or Finance Students Association, helps you build connections and learn from others.

Unilag has a highly qualified faculty, many with PhDs from top schools around the world. Small class sizes mean you get to know your professors and can ask questions. Faculty members also conduct important research in areas like microfinance, leadership, and more.

With a variety of programs, real-world experience opportunities, and an excellent faculty, Unilag provides a top-notch education for future business leaders and entrepreneurs. If you want a degree from one of the best business schools in West Africa, Unilag should be at the top of your list.

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University of Nigeria

The University of Nigeria, commonly referred to as UNN, is the first indigenous and prestigious university in Nigeria. Established in 1955, UNN has built a strong reputation for business education over the decades.

UNN offers undergraduate and postgraduate degrees in fields like:

  • Accounting
  • Business Administration
  • Management
  • Marketing
  • Economics

These programs focus on entrepreneurship and prepare students for leadership roles.

Many notable Nigerian business leaders are UNN alumni, including:

  • Aliko Dangote – billionaire businessman and industrialist
  • Austin Avuru – co-founder and CEO of Seplat Petroleum
  • Jim Ovia – founder of Zenith Bank

The university has clearly produced many successful entrepreneurs over the years.

Students have access to invaluable resources for developing business acumen:

  • The UNN Business School provides mentorship and internship programs.
  • The Center for Entrepreneurial Studies offers business advisory services and organizes an annual National Conference on Entrepreneurship.
  • The university has an active alumni network which provides mentorship and career opportunities.

UNN has a beautiful campus with amenities that complement the academic experience. Some highlights include:

  • Student union building with restaurants, shops and entertainment venues
  • Sports facilities for activities like football, basketball and lawn tennis
  • Accommodation for over 15,000 students in hostels and staff quarters
  • A teaching hospital, botanical garden and wildlife park on campus

From its top business programs to a vibrant campus, UNN deserves its place as one of the best universities for studying business in Nigeria. Aspiring entrepreneurs will find everything they need to gain knowledge, build connections and develop leadership skills for success in the business world.

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Obafemi Awolowo University

Obafemi Awolowo University (OAU), located in Ile-Ife, Osun State, offers excellent business and management programs for undergraduate and postgraduate students in Nigeria.

OAU’s Faculty of Administration offers several majors focused on business, including Accounting, Business Administration, Industrial Relations and Personnel Management, and Public Administration. The school is renowned for its business and commerce programs, with many notable alumni in leadership positions across various industries.

OAU offers Bachelor’s degrees in Accounting, Business Administration, and Public Administration. The Bachelor of Science in Business Administration covers a range of business topics like marketing, finance, human resource management, and entrepreneurship. Students can choose to concentrate in areas like accounting, marketing, or management. The school’s accounting program is certified by the Institute of Chartered Accountants of Nigeria (ICAN).

At the postgraduate level, OAU offers Master’s and PhD programs in fields including Accounting, Business Administration, Marketing, Entrepreneurial Management, and Human Resource Management. The MBA program attracts many working professionals looking to advance their business careers.

OAU is one of the top schools for business education in Nigeria, with extensive corporate partnerships, experienced faculty, and a highly-ranked MBA program. Graduates of OAU’s business and administration programs are well-prepared for successful careers as entrepreneurs, managers, consultants, and more. If you’re looking for a reputable school to study business in Nigeria, Obafemi Awolowo University deserves strong consideration.

University of Ibadan

The University of Ibadan is Nigeria’s oldest university, established in 1948. It has a prestigious College of Business with concentrations in accounting, business administration, and marketing.

The college offers undergraduate and graduate degrees in business, including BSc, MSc, MBA, PhD and DBA programs. Areas of study include:

  • Accounting
  • Business Administration
  • Marketing
  • Finance
  • Entrepreneurship
  • Information Systems

The college has excellent resources for hands-on learning, including:

  • A Business Clinic where students provide consulting services to local businesses
  • Student organizations like the Ibadan Business School Students’ Association
  • Internship and study abroad opportunities with partner schools in Europe, Asia and North America
  • A large library with print and digital resources in business and management

The college has a prestigious faculty known for their research and industry experience. Notable alumni include top executives from companies like Unilever, Cadbury and Zenith Bank.

The University of Ibadan provides a supportive learning environment, highly-ranked degree programs, and opportunities for professional growth. For those interested in business, it deserves strong consideration as one of the top schools in Nigeria.

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A business degree from a top Nigerian university can open up many doors. The opportunities are there, you just have to grab them!


Many prospective students considering communication  programs in Nigeria likely have questions about the field of study and process. Below are some of the most frequently asked questions and their answers:

What degrees are offered for business studies?

Universities in Nigeria offer a range of business degrees including:

  • Bachelor of Science (BSc) in Business Administration
  • Bachelor of Science (BSc) in Accounting
  • Bachelor of Science (BSc) in Finance
  • Master of Business Administration (MBA)
  • PhD in Business Administration

What are the entry requirements?

To apply for an undergraduate business degree, you will typically need:

  • A minimum of 5 credits in related subjects like English, Mathematics, Economics and Commerce at the O’Level
  • Acceptable UTME score, usually a minimum of 200

For postgraduate degrees, you will need:

  • A bachelor’s degree in a related field with a strong GPA, usually a minimum of 2.5
  • Relevant work experience
  • Acceptable scores in graduate school entrance exams like GRE or GMAT

How much does it cost?

Tuition fees for business degrees in Nigeria typically range from:

  • ₦150,000 to ₦500,000 per year for undergraduate programs
  • ₦300,000 to ₦1.5 million per year for Master’s degrees
  • ₦500,000 to ₦3 million per year for PhD programs

Scholarships, grants and student loans may be available to help fund your studies. Some top universities like UNILAG and UI also offer generous scholarships for high achieving students.

What career opportunities will I have?

With a degree in business, you’ll have many promising career paths like:

  • Accountant, auditor or finance manager
  • Marketing or sales manager
  • Human resources manager
  • Entrepreneur or business owner
  • Management consultant

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