Forms of Business Purchases: Franchising Distributorship, Venture capital. Business planning and Management; Organizing resources; making business decision through the Use of Feasibility Study and Viability of a project; Comparative Project Analysis and evaluation using accounting information.
MGA 503- MANAGEMENT ACCOUNTING 11 (2 1 0) - 3 UNITS
Introduction and behavioural aspects of management accounting, application of statistical techniques for the presentation of accounting information and porting to all level of management as well as external users. Information for decision-making, elements of decision making; cost concept and decision, concepts of opportunity cost decision and optimization limiting factors.
Application of decision-making in adoption of new production, product mix, alternative method of manufacture: utilization of idle capacity and is continuing product lines. Make or buy or further process; short down, temporary closure and conversion etc.
Pricing and probability - Pricing Policy, contribution theory, demand elasticity marketing strategy and transfer pricing.
MGA 504 - BUSINESS DECISION ANALYSIS (2 0 0) -2 UNITS
Concept of policies, decision making; business objective, performance criteria structure and managerial behaviour. Important contributions of finance, accounting, insurance, economics, psychology, management and other behavioural science to business policy and decision making.
Deriving the strategies, policies and organizational structure of public limited company from financial statement analysis and basic knowledge in objectives development; strategies and policies formulation capable of being used in implementing chosen course of action.
Business functions of marketing. Forecasting in a dynamic environment. Issue of learning and unlearning of adjustable strategies; R & D strategies, integrated strategies and behavioural structural strategies for business decision-making and implementation.
MGA 505 –AUDITING AND ASSURANCE 11(2 1 0) -3 UNITS
The provisions of the CAMA 1990 as they affect the auditors. Internal control procedures; authorization procedure,. physical control; suitability personnel venue purchases, inventory and cash cycle. Cut off procedures.
Application of modern auditing techniques; auditing of computer based chart, charting, attributable sampling, statistical sampling in performing the audit: system design.
Audit of special classes of institutions, e.g. Banks; insurance; Trust solicitor, nonprofit organization; local government: government parastatal and Group (including overseas subsidiaries).
Assessment of materiality and application of Judgment in material to be disclosed. The audit Committee; Principles of detection of fraud and embezzlement. The conduct of investigation and preparation of special report and investigation of clients, e.g. prior to investment or acquisition of a business. Post-Audit client-review; prosecution investigation; Auditors responsibilities as regards prospects; share issue and share transfer; auditing standard, professional ethics and management of audit practices. Due Diligence. Forensic Audit and Assurance.
MGA 506 -FINANCIAL INVESTMENT MANAGEMENT 11 (2 1 0) -3 UNITS
Analysis of Business Performance: Profitability, ROCE, Liquidity, Coverage Ratio, Quick and Current Ratio, Limitation of Ratio analysis and benefits of alternatives like Determinants Models.
Investment Management Methods - The Replacement Theory and Project Management Cycle.
Measures of Investment Risk and Returns: Expected value, Variance, Standard Deviation, Co-efficient of Variation, Correlation and covariance Analysis.
Theory of Portfolio Management: Measure of Portfolio Return and Risk”
Nature and Meaning of Diversification.
MGA 507 - TAXATION 11 (2 1 0) - 3 UNITS
Business taxation - computation of loss, relief, and capital allowance including change of date; reporting change of fiscal year or loss of office with special reference to company, Relief formal and pioneer companies.
Capital Transfers Tax, sales tax, transfer inter-vivo, or death, , Capital Gains Tax (LGT); computation and its administration; changeable gains, allowance expenditure. Effect of. CGT on companies; company re-organization, merger take-over closed companies disposal of assets directly/indirectly. Deduction” allowed, valuation of assets and replacement of business assets. Roll over relief (RORE).
Petroleum Profit Tax: The administration and ascertainment of petroleum profit; allowable and disallowable for profit. Assessable and Chargeable Tax: Computation of losses and persons chargeable. Tax management in Nigeria, Institute of Taxation, current issues of taxation. Special taxation:- Taxation of overseas activities, corporation and individual tax implication of overseas investment. Treatment of branch and subsidiary companies, fund Reparation. Tax implication and dividends.
MGA 508 - MULTINATIONAL BUSINESS FINANCE (2 1 0) - 3 UNITS
Traditional areas of corporate finance, including working capital management:
capital budgeting, cost of capital and financial structure from the perspective of a Multinational firm. Decision-elements peculiar to multinational enterprises including multiple currencies. Nationalization expropriation.
Selling and operating in foreign market - Effects of culture/religion: Legal system and international/interregional peculiar characteristics; implication of bilateral and multilateral trade arrangement, the closed - market and economic integration.
MGA 509 - PUBLIC SECTOR ACCOUNTING (2 1 0) - 3 UNITS
Introduction to Public Sector Accounting. Distinction between public and private sector. Accounting principles; structures and practices of govern mental and non-profit organization accounting - Treasury, Audit department, etc. Characteristics of not-for-profit organization and governmental accounting: Fund accounting; revenue statement; asset and liabilities statements; allocative stabilization: contribution and regulatory functions of government. Decision making; planning and control of public fund-application of costing method, cost benefit analysis; Planning Programme Budgeting System (PF 85), The Budget cycle and Federal Government controls.
MGA 510 -TECHNOLOGY POLICY AND LAW (2 0 0) - 2 UNITS
An overview of the National Technology Policy Acquisition. Adoption and application of scientific and technological knowledge for other national development objectives. National strategy. patents and inventions; trademarks and copy-rights; contract and contract documents, professional. responsibilities and liabilities.
MGA 511 - INDUSTRIAL ECONOMICS (2 0 0) - 2 UNITS
The scope, concepts and methodology of industrial economics the structure, conduct, performance paradigm. Theories of the firm the minimalist, behavioural and managerial theories. Contributions by Baumol, Williamson, Marries, Cyert and March, Simon etc. The theories of Growth, output maximization and the labour Managed firms. Properly rights and the theory of the firm. Models of market organizations and types of business organizations. Gaibraith and the new industrial State. Ownership and Control: implications for firm performance.
MGA 512 - MANAGEMENT INFORMATION SYSTEM (2 1 0) - 3 UNITS
Review of computer languages and programming, COBOL, FORTRAN., SPSS, etc Electronic Data processing (EDP) methods; Batch and real time processing and management of EDP. Computer system in Business environment. Importance of information technology on business, the information explosion (Transition from industrial to information age), the high techrevolution and the effects of electronic devices on business opportunities and competition, management strategic issues and decision making, customer services and employee, jobs and trainings. The computer hardware and operating systems, equipments communications relationship, basic functioning of the operating system.
MGA 598- FINAL YEAR PROJECT (2 1 0) -3 UNITS
TPM 503 - RESEARCH METHODOLOGY (2 0 0) - 2 UNITS
Introduction to research methodology, Skills of scientific investigation Information gathering, analysis and Interpretation in dealing with Business and organizational behaviour problems in Nigeria; Steps in research agenda and proposal, The art of problems identification analysis and report writing; The problems and prospects of Business research in a seller’s market like Nigeria; Qualitative research; Survey research and experimental research methods; Mechanics and style of research reports. Ethical issues in management research.
ADJUNCT LECTURERS IN THE DEPARTMENT OF MANAGEMENT AND ACCOUNTING
Name of Staff
Prof. O.C. Akinyokun
B.Sc., M.Sc, Ph.D
Prof. A.O. Ayeni
B.Sc., M.Sc, Ph.D
Prof. A.O.B Ogunwale
B.Sc., M.Sc, Ph.D
B.Sc., M.Sc, Ph.D
B.Sc., M.Sc, Ph.D
Dr. S.O. Olabiyisi
B.Sc.; M.Tech; M.Sc; Ph.D
Prof. E.O. Omidora
B.Sc., M.Sc. Ph.D
Dr. K.T. Gbadamosi
B.Sc., M.Sc. Ph.D
Dr. A. Lawal
B.Tech Antonym; M.Tech; Ph.D; ICAN
REGULATIONS GOVERNING UNDERGRADUATE PROGRAMMES IN THE DEPARTMENT
The Department awards Bachelor of Technology (B.Tech) degrees to successful students in relevant disciplines on the First Class Honours, Second Class Honours (Upper Division), Second Class Honours (Lower Division), Third Class Honours, and ordinary Pass as may be approved by the Senate of the University.
The admission requirements into the Department are as reflected by the admission requirements.
Deferment of Admission:
Students with genuine reason(s}for deferment of admission must submit a formal application stating clearly the reason(s}for he request through their Head of Department to the Dean of the Faculty (Chairman of the Faculty Board) for consideration and recommendation to Senate for approval through the Committee of Provosts and Deans. To qualify for this dispensation, a student must have matriculated and registered for courses.
Registration for Courses:
After admission, all students must be cleared at the Department and the Faculty to continue with their registration at the Admission office in the Registry.
All students (Fresh or Stale) must register for courses after due consultation with their staff advisor in the Department at the beginning of every semester and within the stipulated period 0’ registration as may be reflected in the University Calendar. Late registration may be allowed on payment of a penalty fee as prescribed by the Senate.
All registration for courses are done online after the student has obtained the necessary scratch card from the University ICT.
All stipulated fee must be paid by all students before registration in the Department and Faculty.
All pre-requisite or co-requisite courses (where applicable) must be
taken and passed by all students before they could register for higher courses.
Only students who are duly registered for a course shall be allowed to take the examination in that course.
Change of Programme:
Students are allowed to seek change within and outside the Faculty. The form for this dispensation is obtainable at the Academic Affairs Unit of the Registry for a fee and must be completed within a stipulated period of time as may be fixed by the University. Students willing to change programme must satisfy minimum admission requirements of the new programme and must have been duly released by their Departments and Faculties before they can be accepted in the department of Management and Accounting
(a) The organizational structure of the Department is as shown below:
Head of Department (HOD)
Other Administrative Staff
(b) Regular Departmental meetings are, held by the HOD with the Academic Staff in the Department to deliberate on academic- and other matters before appropriate decisions are taken. Staff members represent the Department on various committees in the Faculty/University and report back to the HOD from time to time.
The University has a good policy on staff development and quite a number of staff in this Department have benefited from this policy. Teaching and Graduate Assistants have enjoyed study leave with pay to pursue higher degrees in some local Universities. Administrative staff have also been sponsored for in house training courses in Management Science, Word Processing and Computer Studies.
Promotion of staff is in accordance with the laid down University guidelines.
(a) All academic problems such as wrong results, incorrect computation of GPA, etc. should be reported first and foremost to the student advisor and in exceptional cases to the HOD for further necessary action. There is also a Departmental Student Association e.g Nigerian Universities Accounting Students Association (NUASA) through which collective grievances are brought to the attention of the HOD for resolution.
(b) Department operates a staff advisory system with one academic staff member being appointed for each student level .100 level student has an advisor and the same with the 4 other levels.
One academic staff member is appointed each year by the HOD to
serve as the Examination Officer. This Officer and the HOD oversee the examination matters and also represent the department on the Faculty Examinations committee. Course examination questions are set by the course lecturers and handed over along with the solutions and marking scheme to the HOD who is the Chief Examiner, for moderation and other necessary processing. The students’ answer scripts are given to the course lecturers for grading. These lecturers submit the students’ grades together with the answer booklet to the HOD who in turn works with the Departmental examinations officer for the collation and processing of the results. The results are presented to the Faculty Board of Examiners for ratification before being considered by the Committee of Deans and Senate for final approval. The results are officially released only after the Senate has approved them.
Academic Staff members maintain regular office hours during which students are free to consult or discuss their problem with them. The Department runs regular seminars for staff and students on academic, industrial training matters and project writing methodology. Furthermore the department maintains a fully equipped library which complement the University’s Central Library for the use of the students. The library also has a computer studio for the benefit of the students.