MGS 782 MANAGERIAL PSYCHOLOGY 3 UNITS

Provide the skills executives need to analyze a firm, market dynamics and positioning and then to utilize all application resources to gain competitive advantage. The course is basically seminar in nature and students are expected to examine contemporary industrial problem and write a seminar on it

The framework to understand problems facing financial managers in a global arena; examines international financial instruments e.g. financial derivatives and Inter-bank credit facilities.

Foreign exchange exposure management; techniques and procedure for their application

Hedging; Derivatives and government assistance.

Management of political. Economic risk in global business: Nature of inherent international risks; measures adopted in practice when selling abroad, their basic features and problems.


CURRICULUM FOR POSTGRADUATE DIPLOMA IN MANAGEMENT SCIENCE (PGDMS)

1.0 INTRODUCTION

The PGD programme of the Department of Management Science, LAUTECH. Ogbomoso commenced in 1993/1999 session with the overriding goal of meeting the ever-increasing demand and yearnings of the industrial sector for highly skilled manpower at the top management level, The programme is aimed at producing new managers and equipping existing ones with appropriate skills for solving day to day management problems, more precisely and effectively, through the application of modern management techniques.

The PGD in Management Science programme shall train individuals to effectively handle

management problems to meet the modem day challenges of a typical dynamic industrial

environment. Other specific objectives of the programmes will include among others:

(i) Instilling a problem-solving attitude in management of organizations.

(ii) Teaching basic tools and concepts to decision-making and their applications to managerial problem solving,

(i) Proving a broad socio-economic scope against which specific managerial problems

may be assessed.

ii). Developing the management skills required by individuals in the implementation of

decisions,

(v) Prepare students for higher degrees like MBA and other related disciplines.
3.0 ADMISSION REQUIREMENTS

The criteria for admission into the Postgraduate Diploma in Management Science (PGDMS) programme are as follows:

All candidates must have five credit passes including English Language and

Mathematics at '0' Level as basic requirement

Holders of Bachelors degree in relevant disciplines with a minimum of Third class division from a recognized University are eligible for admission.

Holders of HND in relevant disciplines with a minimum of Lower Credit from a recognized institution are also eligible for admission.

Holders of relevant professional qualifications may also be considered.
4.0AREAS OF SPECIALIZATION

There are five areas of specialization in the programme, namely:

(i) Financial Management

(ii) Management Studies

(iii) Accounting

(iv) Management Information

(v) Cost Management
5.0 DURATION OF PROGRAMME

The PGDMS programme runs for a minimum of two and maximum of four semesters.

To be eligible for the award of Postgraduate Diploma in Management Science (PGDMS).the candidates must satisfactorily and successfully complete the course work and pass all the prescribed examinations and the candidate must also carry a research project on an approved topic. Breakdown of these requirements is as follows:

(1) Candidates must pass a minimum of 60 credit units, broken-down as follows: '

• 
  6 core courses of3 credit units each 18
  
• 
  5 courses under area of specialization of3 credit units each 15
  
• 
  MPAR Research project of 5creditunits 6
  

(ii) The minimum pass mark for every course is 45%

(iii) Final marks for each course shall be made up to 30% in Continuous Assessment (CA) done through test, assignment, seminars, quizzes and term papers and 70% in examination except the research project whose score is based on 100%.

(iv) Condition for graduation: A student must pass all courses and attain a minimum weighted average score of50% to earn the award of PGDMS.

(V) Scores in each Course shall be based on the grading system as follows:

Score Grade

70-100 A

50-59 C

0-44 F
7.0 COURSE OUTLINE

All students shall offer the following courses in the first semester.

MGS 601 Principle of Accounting and Auditing 3

MGS 603 Basic Financial Management 3

MGS 605 Basic Management Information 3

MGS 607 Principles of Economics 3

MGS 609 Quantitative Analysis 3

MGS 611 Research Methodology 3

MGS 679 Research Project I 3 Total 21 Units

Students shall offer the following courses based on their area of specialization

MGS 680 Research Project II 3 Total 18 Units

MGS612 Management and Organization Behavior 3

MGS 614 Public Sector Management 3

MGS616 Entrepreneurship 3

MGS 618 Operation/Production Management 3

MGS680 Research Project II 3

MOS608 Cost and Management Accounting 3

MGS622 Financial Accounting 3

MGS 626 Auditing and Investigation 3

MGS 628 Taxation 3

MGS630 Public Sector Accounting 3

MGS 680 Research Project II 3 Total 18 Units
MANAGEMENT INFORMATION SPECIALIZATION

Course Code Course Title Credit Unit

MGS 632 Concepts of Computer 3

MGS 634 Data and Information Processing 3

MGS836 Programming Applications for information System 3

MGS 638 File and Communication System 3

MGS 640 Analysis and Design of Information 3

MGS 680 Research Project II 3 Total 18 Units
COST MANAGEMENT SPECIALIZATION

Course Code Course Title Credit Unit

MGS 642 Corporate Finance 1 3

M GS 644 Negotiations (Principle &Practice) 3

MGS 646 Capacity planning and Asset Management 3

MGS648 Cost and Management Principle 3

M GS650 International and Advanced Project Mgt 3

MGS 600 Research Project II 3 Total 18 Units
COURSE DESCRIPTION

MGS601 PRINCIPLES OF ACCOUNTING AND AUDITING 3UNITS

Basic concepts of Accounting; book-keeping; elementary theory of accounts; basic principles of auditing; internal and external auditing practice.

Sources and uses of funds; consumption-investment problems; Markets rate of interest; Investment decisions, internal and external financing.

Distinction between Investments, Borrowing and Leading: Their Objectives. The Investment Environment and Investment attitude to risks.

Factors Determining Valuation of firms, Valuation of Securities: Bonds, Preference Shares and Equities. Capital Structure Determination Net Operation Income, Traditional Approaches & Total-Value Principles. Application of the expected Utility Theory in Investment Appraisal. Using Probability Distributions to Measure Risks, Risk/Return Analysis in Portfolio Analysis &Diversification. Efficient Markets Efficient Portfolios.
MGS 604 PUBLIC FINANCE 3 UNITS

Basic concepts of financing in government: budgeting and its relationship with planning and plan implementation; the integrated system of planning; programming & budgeting for development.

Concepts of information; computer application to information processing; human as information processor, systems concepts and information systems; decision making concepts for Information system; value of information.

Capita budgeting problems, implementation of investment selection procedures and the evaluation of their usefulness under uncertainty and /or in situations of imperfect markets: cost benefit analysis. A brief review of capital market theory and capital asset pricing models; time series analysis; properties of accounting income numbers; analysis and management forecasts: equity valuation models and accounting information; accounting numbers and the credit market; risk estimation with accounting information; the effects of accounting information; the effects of accounting numbers-micro implications.

F actors of production, demand, supply and price theory, resource allocation decision In an economy; national economy and circular flow of income; national income theory and policy .issues; theory of the firm; perfect competition; monopoly; oligopoly and duopoly; international | trade and trade policies.

Cost concepts; measurement of relevant costs; incremental and marginal costs; opportunity cost; preparation; interpretation and presentation of business budget for decision making: budget and budgetary controls.

Frequency distribution measure of central tendencies and dispersion; probability; sampling techniques; linear equation; regression and correlation; time series analysis.

The role, nature and purpose of audit; internal and external audit; the concept of true and fair independence of auditor; relationship of auditors to share Holders and other financial statement users.

Introduction to Research Methodology in social science; research in physical and natural sciences and common errors in research, research in practice; problem identification, literature review, material and methods, result, discussion and summary, conclusion art recommendation, report writing.

Behavioural science concept; techniques for effective utilization of human resources towards organization goals achievement, division of work, organizational structure, span of management and co-ordination of organizational activities.

Management of public enterprises; the functions of the civil service; public policy formulation and implementation; organization and management of central departments.

Concept and objectives of entrepreneurship; personal characteristics of entrepreneurs; identification of ideas and venture capital opportunities; sources and availability of resources; finance, technology, manpower and government regulations. Marketing plan, policy and strategy, Accounting and Bookkeeping, financial statement and ratio feasibility studies and project evaluation.

Basic concepts of operations and production management; operations functions, design and products and services forecasting; process design; capacity planning and scheduling and inventory management

Personnel/Human Resource Management as a major function of management. In depth examination of personnel/Human Resource management activities in achievement of objectives of the organization.

Theory of Account depreciation accounts; purchase and sales of fixed assets; partnership accounts; goodwill; methods of valuation; dissolution accounting requirement for partnership business and accounts of limited companies; purchases, amalgamation and absorption of business, control account.

Nature and origin of taxation, direct and indirect taxation; progressive, proportional and regressive taxes; business taxation; capital transfer tax, capital gain tax and petroleum.

Basic accounting for non-profit organizations, basic characteristics of government accounting; structure of governmental accounting in Nigeria; the treasury; audit department; consolidation revenue fund; capital and development fund, Planning, Programming and Budgeting System (PPBS)

Computer fundamentals; central processing unit; input/output devices; date entry and special reading devices; storage and computer classification.

Data and information; development and trends in data processing system; modes of computer processing; concepts conformation systems; amount of information.

Data communication; record management; data base management; record management programmes; computer network.

Systems study; systems analysis concepts; systems design methodologies, systems documentation; security in computer information systems.

Replacement Decision; risk and uncertainty as its relates to irwestmen¹ management; decision tree and abandonment decisions; cost of capital, portfolio theory and the APM Dividend policy and financial planning.

Management and Labour Negotiations, Essentials of negotiation: Characteristics of a good negotiator, Negotiation tactics, maneuvers, techniques and countermeasures; Building the foundation for a successful negotiation; development an outcome analysis, collective ling, Negotiation in Sales Purchasing and Leasing, Collective Bargaining Methods and Approaches, The Nierenberg Need Theory of Negotiation: How to Get what you want, The of Negotiating, Recognizing basic needs.

Introduction: Define Capacity; capacity models; capacity equation; CAM-! Capacity Model; characteristics of the CAM-I model; capacity templates; Capacity model implementation, Define

Management

Financial Asset Management

Components of capital structure, capital structure optimization, cost of capital, working capital management, venture capital financing, risk analysis

components of physical Asset, Asset investment decision, Assets documentation, utilization and maintenance, replacement practice, implications of poor procurement procedures and policies.

define intellectual assets, components of intellectual asset/capital, knowledge management system framework and contemporary issues in intellectual asset measurement and reporting.

Definitions of Cost Management and Multidisciplinary Cost Management, understanding the conceptual framework of cost management, Elements of Cost management system design cost information gathering, analysis, identification of relevant strategies and implementation process). Understanding cost behaviour, movements and changes in cost Ma/curves/understanding the relationship between quality/value and cost. Specific project cost Review and Project Cost Reasonableness Test. Project risk analysis the impact of t risk on cost. (This course introduces the art and science of both project risk and cost management). Designing cost out of products and services; Mindset issues in cost management. Review Management strategies using case studies.

This course provides an opportunity to integrate skills and knowledge, review state-of-the-art rand produce deliverables required for successful project management. Students leam advanced simulation tools and techniques that can reinforce project planning and control skills, and enrich leadership skills as it pertains to change-control and decision-making. A key focus of this course is on the development and delivery of project quality management and applying a quality framework to ensure customer satisfaction. Within this course students learn quality planning, quality assurance, and quality control. Students also master state-of-the-art topic such as: outsourcing and virtual project management, including global project management practices that address national boundaries, geographic distances, and cultural diversity; project portfolio management aligning projects to business strategy for optimized enterprise success and modem project management practices applied in the organization.

A thesis of about 5,000 words on a topic chosen from student's area of specialization to be written under the supervision of a lecturer in the department.

In most developing countries of the world, the economy essentially public sector driven. In the light of this, it is important that the public service, which constitutes the engine of government business, must be managed by a crop of highly skilled professionals. Public Administration deals with the management of government business and the MP A programme is aimed at equipping managers in the public service with appropriate skills for effective performance.

The objective of the Master in Public Administration(MPA) programme Is to increase the professional competence of managers in the public service and equip them with skills required to effectively handle management and administration problems and to meet day to day challenges in the management of government business. The course is particularly suitable for mid-career officers who have had several years of practical experience and who are aspiring to Higher levels in the public service.

The criteria for admission into MPA programme are as follows:

(i) All candidates must have five credit passes including English Language and

Mathematics at the '0' Level as basic requirement.

(ii). Candidates must possess Bachelors degree in relevant disciplines with a minimum of second class lower division

(iii) Candidates With Postgraduate Diploma in relevant disciplines' from a recognized university and who have passed with a minimum of 60% average may also be considered for admission.

(iv) Holders of HND with a minimum of Lower Credit or professional qualification from professional bodies such as Nigerian Institute of Management (NIM), Chartered Institute of Personnel Management (CIPM), Chartered institute of Local Government and Public Administration of Nigeria (CILGPAN), Chartered Institute of Secretaries and Administrators (CISA) etc plus Postgraduate Diploma in relevant disciplines with a minimum of '60% average from a recognized University are also eligible for admission.
4.0 DURATION OF PROGRAMME

The MPA programme is operated on a Part-time basis, and runs for a minimum of four and maximum of six semesters.

To be eligible for the award of MPA. The candidates must satisfactorily and successfully complete the course work and pass all the prescribed examinations. The candidate must also carry out and successfully defend a research project Breakdown of these requirements is as follows:

(i) Candidates must pass a minimum of 60creditunits,brokdown as follows:

• 
  18compulsorycoursesoncreditunitseach 54
  
• 
  MPA Research project of 6 credit units 6
  

(ii) Theminimumpassmarkforeverycourseis45%

(iii) Aggregate score for graduation: A student must pass all courses and attain a minimum weighted average score of50% to earn the award of MPA
6.0ASSESSMENT OF STUDENTS

(i) Attainment Levels

In the MPA programme, assessment of student's performance shall be based on:

• 
  Examinations
  
• 
  Assignments
  
• 
  Seminar Presentations
  
• 
  Term Papers
  
• 
  MPA Dissertation
  

Continuous assessment shall be done through tests, tern papers, tutorial exercises, quizzes and assignments, Final marks for each course shall be made up of CA 30.% and Examination 70%. except the research project whose score is based on 100%. Scores on each course shall be based on the grading system as follows:

70-100 A

50-59 C

0-44 F
7.0 COURSEOUTL1NE

All MPA students shall offer the following courses in the First Year of the programme.
Year 1 First Semester

Course Code Course Title Credit Unit

MGS707 Management and Organization Theory 3

MGS709 Introduction to Quantitative Analysis and

Research Methods 3

MGS717 Nigeria Public Administration 3

MGS719 Fundamentals of Financial and Managerial 3

MGS787 Accounting Managerial Economics and

National Economic Policy 3

MGS789 Science and Technology Management 3

Total 18 Units

Year 1 Second Semester

Course Code Course title Credit Unit

MGS716 Comparative Public Administration 3

MGS718 Personnel Management 3

MGS720 Local Government Administration

and Management 3

MGS722 Public Finance and Budgeting 3

MGS724 Public Enterprises Management 3

MGS726 Information Management 3 Total 18 Units