A premier African business school

About Us

Lagos Business School (LBS) is the graduate business school of Pan-Atlantic University, owned by the Pan-Atlantic University Foundation (PAUF), a Nigerian non-profit foundation. For over 3 decades, LBS has been changing the face of business locally and globally, by developing business professionals with high standards of business ethics, professionalism and deep knowledge of general management practices. Our offerings have been accredited globally and ranked among the best in Africa, as it systematically strives to improve the practice of management on the continent.

Education at LBS is comprehensive, drawing on the experiences of a multinational faculty and participants. Learning is participant-centred and uses the case study method. Activities hold on the school’s purpose-built facilities which serve more than 6,000 participants yearly from indigenous and multinational backgrounds.

Read More

Mission

We strive to be a world-class business school which will have a significant impact on the practice of management. LBS is a community of people committed to creating and imparting management and business knowledge based on a Christian conception of the human person and of economic activity relevant to Nigeria and Africa at large.

Values

As a management development institution, we hold a position of trust and confidence with an ever-increasing number of participants, corporate clients and partners. There are core values we hold in the highest regard to ensure that we are worthy of our stakeholders’ good faith
Community
Mutual respect
Integrity
Spirit of service
Professionalism

Beliefs

As an educational institution created in line with Christian principles, there are specific tenets that guide our operations and curriculum.

Pluralism of Views and Methods

The Christian Vision of Man, Society and Economic Activity

Our Christian Identity

The Prelature of Opus Dei

Sustainability

Sustainability is an important part of the LBS curriculum. One of our values is service towards humanity over profit-making. We impart our participants with the importance of building and joining organisations that embody that value. Climate and environmental challenges, social equity, and resource management are taught to our participants so that they can develop into sustainability-minded business leaders and problem solvers.

Diversity and Inclusion

LBS values the inclusivity and diversity of its faculty and student body, embracing individuals from all social and cultural backgrounds. We acknowledge the significance of representing the diverse nature of the business landscape and equipping our students with a comprehensive understanding of today's world. By fostering collaboration and partnership, we create space for students and participants to learn from each other's differences and unique experiences.

History

Go down Memory lane with us
Jan 1991
Established

Lagos Business School is Incorporated and its name changed from Center for Professional Communications (CPS) to LBS

LBS Welcomes the first group of Participants to its Chief Executive Programme (CEP)

Jan 1993
1993 – 1996

1993: The Advanced Management Programme (AMP) and the Senior Management Programme (SMP) are launched. Prof Albert Alos becomes Director-General of LBS

 

1994: The new LBS building on Victoria Island is completed with three classrooms and seven syndicate rooms, among other facilities.

 

1996: LBS offers its first Executive MBA programme in partnership with IESE Business School, Barcelona

Jun 2001
2001- 2002

2001: LBS welcomes the first participants to the Owner Manager Programme (OMP)

 

2002: Construction at the Lekki campus begins with the foundation stone laying ceremony by Lagos State’s Governor Bola Tinubu

 

2002: The Federal Government of Nigeria approves the establishment of Pan-African University (now Pan Atlantic University). LBS becomes the first school of the University. Prof Albert Alos becomes the first vice-chancellor of Pan-African University and first dean of Lagos Business School while Dr Juan Elegido becomes deputy dean

Jul 2003
2003-2006

2003: LBS welcomes its first MBA participants

 

2003: Professors Pat Utomi and Juan Elegido are appointed LBS first two professors

 

2004: Pan-African University awards its first Executive MBA degrees

 

2005: Professor Juan Elegido is appointed the second Dean of LBS

 

2006: LBS becomes the first African business school in 25 years to participate in the John Molson International Case Analysis Competition held at Concordia University, Montreal Canada. The MBA team placed 12th among 36 schools

Jun 2007
2007- 2009

2007: LBS is ranked among the top 50 business schools in open enrolment executive education by the Financial Times of London, the first institution in West Africa to attain the prestigious ranking

 

2008: A new MBA building is completed with three 80- seater classrooms, 12 syndicate rooms and 20 faculty offices

 

2009: Dr Enase Okonedo is appointed as the third Dean of LBS

 

2009: Chair for Indian Management Studies established

Jun 2010
2010- 2012

2010: The Etisalat Corporate Social Responsibility Centre is launched

2011: The Centre for Infrastructure, Policy, Regulation and Advancement is established

2011: UK Prime Minister, Rt Hon David Cameron visits LBS

2012: LBS partners University of Stellenbosch Business School

2012: LBS maintains world ranking as one of the top 50 business schools in open enrolment executive education by the Financial Times of London

Jun 2013
2013

2013: Change of University name from Pan-African to Pan-Atlantic University

2013: LBS partners LASG on Megacity project

2013: LBS to begin New International Management Programme

2013: LBS sustains Financial Times ranking

2013: The Centre for Research in Leadership and Ethics is established

Apr 2014
2014

2014: LBS maintains 55th place in the Financial Times’ ranking of top open enrolment programme providers worldwide.

2014: Etisalat Corporate Social Responsibility Centre is renamed First Bank Sustainability Centre

2014: Centre for Research in Leadership and Ethics (CKLE) is renamed after Dr Christopher Kolade

2014: LBS joins Global Network for Advanced Management

2014: LBS joins European Management Network

Apr 2015
2015

2015: LBS maintains Financial Times Ranking in open enrolment programmes and enters ranking in Custom Executive Education

2015: LBS inaugurates new Advisory Board

2015: LBS obtains AABS accreditation

Apr 2016
2016

2016: LBS introduces New Executive Programmes  Management Acceleration Programme (MAP) and the Agri-business Management Programme (AgMP).

2016: LBS obtains landmark global accreditation, becoming the first institution in West Africa to be accredited by the Association of Advance Collegiate Schools of Business (AACSB). LBS joins the league of less than 5% of business schools globally, to be accredited by this body.

2016: The International Accreditation Advisory Board of the Association of MBAs (AMBA) accredits the MBA programme offered by the School.

2016: LBS celebrates its Silver Jubilee anniversary

Feb 2017
2017

2017: LBS joins MBA Careers Services & Employer Alliance. Membership to the MBA Careers Services & Employer Alliance is only open to schools accredited by the Association to Advance Collegiate Schools of Business (AACSB).

2017: LBS maintains Financial Times ranking in open enrolment programmes for 11 years

2017: LBS Alumni Association clocks 25 years

2017: LBS Alumni Networking Portal awarded the Best Performing Professional School Portal

Mar 2018
2018

2018: LBS maintains Financial Times ranking in open enrolment programmes for 12 years in a row.

2018: LBS becomes first institution in Africa to feature in CEO Magazine’s Global MBA rankings.

2018: LBS is ranked among top 50 global business schools in The Economist’s 2018 Executive MBA
rankings.

Jun 2019
2019

2019: LBS full-time MBA and Executive ranked Tier One programmes by CEO Magazine for second consecutive year.

2019: LBS maintains Financial Times ranking in open enrolment programmes for 13 years in a row.

2019: LBS launches The Modular MBA Programme.

Aug 2020
2020

2020: LBS MBA programmes maintain Tier One status on CEO Magazine global ranking.

2020: LB$ receives re-accreditation from the Association of MBAs (AMBA), one of the world’s leading authorities on postgraduate business education.

2020: LBS’s Custom Executive Education ranked number one in Africa and among the top 50 in the world by the Financial Times (FT).

2020: LBS ranked among the top 40 on the 2020 Better World MBA ranking.

2020: LBS emerges as the only African business school on the 2020 Economist ranking.

2020: LBS ranked among top 40 business schools in Corporate Knights’ 2020 Better World MBA
Ranking.

Opus Dei

Opus Dei translates to “Work of God”. It is an institution of the Catholic Church founded by St. Josemaría Escrivá on 2 October 1928. Its task is to spread the Christian message that everybody is called to holiness and that daily work and ordinary life are the normal way to achieve this.

Opus Dei stands as a pillar of the Christian identity and can be traced through the history of the church back to the early Christians. They were ordinary people who tried their best to consistently live their Christian commitments in the midst of their ordinary occupations, taking the Gospel message to all environments. This is what is meant by seeking sanctity in the mundane activities of the world, that is, trying to be like Jesus Christ, converting daily life into an occasion to love God and others for his sake.

Learn More