School Guide

Best Universities to Study Entrepreneuership and Business in Nigeria

The process of establishing and starting a business is called entrepreneurship. It entails assuming a financial risk in order to realize gains. An entrepreneur is the business’s owner and a direct beneficiary of its operations. An aspect of business is management. It entails assigning tasks to other organisation employees.

Entrepreneuership and Business management is a 4-years course. The goal of programme is to generate graduates who can develop and turn their original ideas into profitable ventures.

Best Universities to Study Entrepreneuership and Business Management in Nigeria


The process of establishing and starting a business is called entrepreneurship. It entails assuming a financial risk in order to realize gains. An entrepreneur

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

Covenant University

Covenant University in Ota, Ogun State should be at the top of your list. Founded in 2002, Covenant is one of the leading private universities in Nigeria with a mission to raise a new generation of leaders.

Covenant’s Department of Business Management offers programs tailored to future entrepreneurs and business leaders. The department emphasizes creativity, innovation, and developing an entrepreneurial mindset. Students learn key skills like opportunity identification, resource leveraging, and value creation.

Covenant also provides many extracurricular opportunities for aspiring entrepreneurs. Clubs like the Entrepreneurship and Career club and CEO club organize business plan competitions, seminars, and mentoring programs where students can gain practical experience.

Successful alumni have gone on to launch companies in industries like agriculture, technology, and retail. With a curriculum focused on entrepreneurship and a proven track record of alumni success,

Covenant deserves the top spot for any student looking to build the knowledge and skills to launch their own business.

The beautiful campus, strong faculty, and world-class facilities are just icing on the cake. At Covenant, you’ll get the total package to become Nigeria’s next generation of innovative business leaders and entrepreneurs.

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University of Lagos

The University of Lagos is a leading public university in Nigeria and a top choice for aspiring entrepreneurs and business leaders.

As Nigeria’s premier university, UniLag has been educating future leaders for over 50 years. The business school offers undergraduate and postgraduate programs in business administration, accounting, and management.

UniLag’s entrepreneurship center provides valuable resources for students. You’ll have the chance to network, get mentorship, and even win funding to start your own business. The university hosts an annual student entrepreneurship competition where you can pitch your ideas to experienced judges and investors.

With a UniLag business degree, you’ll gain practical skills and experience. The curriculum emphasizes entrepreneurship, leadership, and problem-solving. You’ll complete internships, case studies, and work on real-world consulting projects.

Alumni from UniLag’s business programs go on to become leaders in Nigeria’s public and private sectors. Many have also founded their own successful companies. If you have the drive and determination, UniLag can equip you with the knowledge and skills to become an entrepreneurial leader in Nigeria’s rapidly growing economy.

Studying at UniLag means access to high-quality faculty and resources in Nigeria’s commercial capital. Lagos is a hub for business and innovation, so you’ll make valuable connections and gain insights into real business challenges. For aspiring entrepreneurs and leaders, UniLag offers an unparalleled opportunity to learn and grow.

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Obafemi Awolowo University

Obafemi Awolowo University, located in Ile-Ife, Nigeria, is a great choice for aspiring business leaders and entrepreneurs.

OAU offers prestigious undergraduate and postgraduate programs in business, accounting, and public administration. The Faculty of Administration offers degrees in Business Administration, Accounting, Industrial Relations and Personnel Management, and Public Administration. These programs provide a solid foundation in management, leadership, finance, and marketing.

Graduates of these programs are highly sought after and many go on to become successful entrepreneurs, starting their own companies across various industries. The faculty is also home to the Center for Entrepreneurship and Innovation, which aims to promote an entrepreneurial spirit among students through workshops, mentorship programs, and business plan competitions.

For those looking to advance their careers, OAU offers MBA programs with concentrations in Marketing Management, Financial Management, Human Resource Management, and General Management. OAU also partners with reputable business schools abroad for student exchange programs and postgraduate studies.

Overall, OAU nurtures future business leaders and entrepreneurs through rigorous coursework, opportunities for hands-on experience, networking, and a culture of excellence. If you’re passionate about business and want to study at one of the top universities in West Africa, Obafemi Awolowo University deserves strong consideration.

READ ALSO: Best Universities to Study Human Resource Management in Nigeria


Wondering if entrepreneurship and business is right for you? Here are some frequently asked questions aspiring students have about studying at Nigerian universities:

1. What programs are offered?

Universities like Covenant, Lagos Business School, and Strathmore offer undergraduate and postgraduate degrees in business administration, entrepreneurship, and related fields like marketing, accounting, and management.

2. What career opportunities will I have after graduating?

With a degree in entrepreneurship or business, you’ll be prepared for careers like:

  • Business owner or entrepreneur
  • Marketing manager
  • Accountant
  • HR specialist
  • Operations manager

The skills you develop, like leadership, communication, and problem-solving, apply to many jobs.

3. How much does it cost to study entrepreneurship in Nigeria?

Costs vary but you can expect to pay between ₦50,000 to ₦500,000 per year for tuition, depending on the school and program. Additional fees for housing, books, and living expenses range from ₦200,000 to ₦700,000 annually. Some schools offer scholarships and financial aid for top students.

4. Is studying entrepreneurship useful even if I don’t want to start a business?

Yes! Entrepreneurship teaches you how to spot opportunities, take calculated risks, and turn ideas into action. These skills are useful for any career. You’ll learn concepts around marketing, finance, and management that apply to large companies as well as startups. An entrepreneurial mindset is increasingly important in today’s business world.


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