Lagos Business School (LBS) has been ranked among the top 50 business schools in the world in the Economist Magazine’s 2018 EMBA ranking.
LBS emerged the only school in Africa to be listed in the ranking which contains 65 schools across the globe.
LBS Director, MBA Programmes, Dr Uchenna Uzo, stated that the school’s Executive MBA was ranked 48th best in the world out of 65 schools; noting that the EMBA ranking was based on personal development/educational experience and career development.
“We are pleased that our work here at LBS is being acknowledged across the globe. We are committed to doing even more to transform business education and management practice in Africa and beyond by producing quality graduates who will change the status quo,’’ he said.
According to Uzo, LBS is ranked third in the world in the percentage increase in pre-EMBA salary on graduation; with students record showing a substantial increase in remuneration upon completion of the programme.
The director also noted that the ranking has economic benefits for the LBS as well as investment opportunities for Nigeria, hoping it would attract students from other parts of Africa; particularly by strengthening partnerships and synergies between Anglophone and Francophone countries.
“Presently, we have students from Cameroon and Cote d Voire and we have an expanded community. We are looking hopeful with the ranking to attract many more people to come,’’ Uzo said.
Also speaking about the ranking, the LBS Alumni Association President, Mrs Clare Omatseye, noted that it shows that the school has passed the taste of time in terms of quality education.
Stating that she was a student privileged to have passed through the school for EMBA 19 years ago, Omatseye said the LBS has good lecturers, facilitators and friendly environment for learning targeted at making students better managers and leaders in their diverse fields.
She also added that the school has come of age; having been able to provide steady quality education and enlightened values to make the students desirable leaders.
Meanwhile, LBS Dean, Dr Enase Okonedo, said that the Economist Magazine ranking indicates that the corporate world recognises the value of an EMBA qualification from the LBS.
Explaining the ranking was a testament of the high quality of management and business education which the school offers, Okonedo divulged that LBS has just entered into a strategic partnership with Arizona State University for the International Accelerated Degree Programme (IADP), the latter being one of the schools ranked in the 2018 EMBA ranking.
Other top institutions that featured in The Economist magazine’s 2018 EMBA ranking include the Yale School of Management, United States; IMD – International Institute for Management Development, Switzerland; University of Oxford – Said Business School, Britain; European School of Management and Technology – ESMT Berlin, Germany; among others.
News reports state that the latest achievement came after the Financial Times (FT) Executive Education 2018 ranking showed the LBS as the third in the open enrolment executive education providers in Africa for the 12th consecutive year.