DEPARTMENT OF ENTREPRENEURSHIP
B. Sc. ENTREPRENEURSHIP PROGRAMME
OUR CORE VALUES
As a Department, we are committed to global benchmark and the pursuit of global best practice in entrepreneurial education and training. This ensures that our students and staff contribute meaningfully to the community, national and global economic and academic development goals. We dedicate ourselves to
this course guided by the following set of values:
Create Innovative Entrepreneurship: We do, and will continue to develop, encourage and promote entrepreneurial ecosystem to foster creativity and breed innovative ideas that do, and will continue to translate into economically viable and technologically feasible worthwhile ventures.
Integrate Responsive Scholarship: We do, and shall, as scholars, promote ideal academic culture by respecting and combining the ideas continue to from various disciplines, perspectives and experiences to ensure rich and productive scholarship that is tailored to meet the developmental needs of modern society.
Inspire Effective Team Leadership: We do, and shall continue to apply effective team principles and inculcate exemplary leadership rules to harness entrepreneurial mindsets and skills set under the conditions of symbiotic
benefits and mutual respect.
Encourage Productive Partnership: We do, and shall continue to seek to support productive collaboration and effective synergy both within and outside the school environment in pursuit of entrepreneurial incubation.
Vision Statement
To stimulate the development of entrepreneurial mindsets and learning innovative skills amongst students in Africa in the 21st century.
Mission Statement
To inculcate innovative knowledge for harnessing entrepreneurial opportunities in hundreds of intrapreneurial and entrepreneurial students through our research and teaching as would be evidenced in the various graduating sets of the department.
JUSTIFICATION
The increasing rate of unemployment of graduates from the Nigerian Universities has made it imperative that graduates should begin the from the choice to read courses that will enhance their chances of opening their own
businesses. The Department of Entrepreneurship, in the Faculty of Management Sciences, is thus offering the B.Sc. (Hons.) Entrepreneurship to provide students with the opportunity to develop relevant analytical and
practical skills to be successful in handing entrepreneurial and intrapreneurial ventures. In addition, the Federal Government has made the study of Entrepreneurship compulsory in our Universities. The degree programme is
also applicable to all other disciplines in the University.
PHILOSOPHY
Entrepreneurship is the driving force behind economic growth and various developments of any nation. All the sectors of any economy need entrepreneurs who are well informed and equipped to seize economic and social opportunities in the market place. The degree programme will prepare students in innovative
knowledge for skills acquisitions, and prepare them for the management of business ventures, government, and non-profit organisations, etc. In addition, it will enable them establish new ventures, create new jobs, and become drivers of sustainable business.
OBJECTIVES
The objective of the programme is to develop students’ knowledge of small business and entrepreneurship concepts, strategies, analysis and the consulting arena. The degree programme is designed for students interested in career paths in an entrepreneurial business environment involving both small and large
businesses; and to equip students with the skills and knowledge required to prepare a persuasive business plan, approach to prospective investors, and get their business launched. Specifically, the major objectives of the degree programme in Entrepreneurship are to:
a. develop enterprise among students with emphasis on practice, and hands on in entrepreneurship development;
b. develop entrepreneurial spirit among students with the hope of creating new and greater social and economic value to the society;
c. nurture entrepreneurship knowledge among students through entrepreneurship studies and education;
d. provide students with the required skills for developing viable enterprises that are capable of competing in the global environment;
e. enable students identify and exploit opportunities locally and globally;
f. equip students with tools to grow new and existing ventures thereby regenerating economic growth and development;
g. stimulate students’ interest in fostering productive culture in the larger society through teaching, advisory and consultancy services, mentoring and active engagements;
h. equip students with analytical skills in problem solving, negotiations, conflict resolution, marketing, leadership, interpersonal relations and financial management;
i. develop in students, the desire to excel and live a meaningful life through self discovery;
j. instill in students the need for independent thinking, economic freedom and respect for talents and;
k. prepare graduates for higher studies in the field.
(c) Admission Requirements:
Details of the admission requirement are as follows:
(A) UTME
(i) The minimum academic requirement is credit passes in five subjects including English Language, Mathematics, Economics or Commerce, and any two subjects in the SSCE, GCE, or equivalent, in not more than two sittings. PLUS
(ii) The Joint Matriculation Examination which must be in use of English, Mathematics, Economics or Commerce or Business Methods plus any other subject.
(B) DIRECT ENTRY ADMISSION
(I) In addition to A(i) above, PLUS two subjects at the GCE, A/L or HSC, JUPEB one of which should be Business Studies and the other, either Economics or Accounting. In exceptional cases, the following qualifications may also be
considered.
(ii) Requirement in A(i) PLUS
A complete pass in the intermediate examination of the Institute of Chartered Accountant of Nigeria or of any other equivalent professional Accounting body. OR
(iii) Requirements in A(i) PLUS
Passes in all parts of the Associateship Examination of the Institute of
Bankers.. OR
(iv) Requirements in A(i) PLUS
The Ordinary National Diploma in Business Administration or any relevant subject (passed with minimum average of upper credit) from a recognised Polytechnic or College of Technology.
(v) Requirements in A(i) PLUS
The Diploma in Accounting, Social Work, and any other relevant area with a minimum merit from the University of Benin or credit from any other recognised University.
(vi) A Higher National Diploma in any relevant subject awarded by a recognised Polytechnic or College of Technology.
(vii) A bachelor’s degree in any subject awarded by a recognised University.
(d) Programme/Sub-discipline/Discipline Structure to include period of formal studies in the Universities Industrial training, planned visit and projects:
STRUCTURE OF THE PROGRAMME
(a) UTME
Four years
(b) Direct Entry
Three years
(I) A candidate shall normally not spend more than six years for the four – year honours degree programme.
(ii) A candidate shall normally not be expected to spend more than five years for the three year honours degree programme.
WORKLOAD
A student shall normally, in anyone academic year, be allowed to register for and take a minimum of 40 credits and no more than 50 credits. This means that no student can earn more than 50 credits at the end of each academic year.
However, for the avoidance of doubt, a student shall take between 15 and 25 credits in each semester in any academic year. A credit as used here means a series of lecture/tutorial of one hour week lasting a semester or a three-hour practical class per week of an equivalent amount of study or any combination of these.
REGISTRATION FOR COURSES
(i) Students are expected to register for all courses they are taking as part of their degree programmes. Students attending lectures in courses that they are not registered for shall do so only at the express permission of the lecturers’ in-charge of the courses. However, such student(s) shall not earn any credits for such courses.
(ii) Students should register for their courses within the time limit specified for it. Any student(s) who fail(s) to do so will pay late registration fee as may be determined by the University.
(iii) Any student who fails to register within the specified time shall not be
allowed to register in that session and shall forfeit the opportunity of writing examinations in that session. Such a student in deemed to have forfeited his or her studentship by voluntarily withdrawing his or her studentship. Such a student may only be re-admitted in any subsequent session with the approval of Senate.
(iv) Students who register late must provide evidence of paying late registration fee which must be paid to the bursary before such student can be registered.
(v) No new student shall be allowed to register after matriculation.
(vi) Students may drop courses for which they have registered up till four weeks after lectures have begun. Similarly, new courses can be added up till four weeks after lectures have begun in each semester.
SEMESTER EXAMINATIONS
General Provision:
(i) Students shall take examinations in all courses for which they are
registered.
(ii) Grade Point Average will be calculated on the basis of the total number of courses registered for at the registration time.
(iii) Marks obtained from any unregistered course(s) will be disregarded.
WITHDRAWAL FROM THE UNIVERSITY
Students are expected to earn the following credits at different levels to remain
in the faculty.
(i) To move to the next level, students must earn minimum credits as follows:
100 Level – 23 Credits
200 Level – 20 Credits
300 Level – 23 Credits
(ii) To remain in the faculty and on probation, students must earn minimum
number of credits as follows:
100 Level – 12 Credits
200 Level – 10 Credits
300 Level – 12 Credits
Any student who accumulates less than the credits specified in (ii) above will be
required to withdraw from the Faculty.
(iii)Total credits required to graduate are 171 credits for a four year programme and 136 for the three year programme.
(iv) If at any time during the session, a student falls ill and desires to apply for temporary withdrawal; such application must be supported with medical report and presented within 30 days of student’s absence from school.
DURATION OF DEGREE PROGRAMME
(i) A candidate shall normally not spend more than six years for a four-year
honours degree programme.
(ii) A candidate shall normally not be expected to spend more than five years for a three year honours degree programme.
GRADING SYSTEM
The grading system shall be on the basis of G.P.A. as follows:
For a three year degree programme, the weights shall be as follows:
200 Level – 30%
300 Level – 30%
400 Level – 40%
For a four year degree programme, the weights shall be as follows:
100 Level – 10%
200 Level – 20%
300 Level – 30%
400 Level – 40%
For five year degree programme, the weights shall be as follows:
100 Level – 10%
200 Level – 15%
300 Level – 20%
400 Level – 25%
500 Level – 30%
MODERATION AND EXAMINERS
All question papers at the 100 to 300 levels shall be moderated internally.
External examiners shall participate in the vetting of questions, the marking of scripts and the grading of projects for all final year examinations. They shall participate in the determination of overall results and in the classification of degrees.
CLASSIFICATION OF DEGREES
The degree that will be awarded shall be B.Sc. (Hons.) (Entrepreneurship) for a graduate in Management Science. Computation of the degree shall be on grade point average in which equal weight will be attached at all levels, i.e. courses offered by students in which examinations are written will carry equal weight.
For the purpose of calculating a student’s Cumulative GPA in order to determine the class of degree to be awarded, grade obtained in all the courses taken by the student (whether compulsory or optional and whether passed or failed) are included in the computation. Even when the student repeats the same course
once or more times before passing it or substitutes another course for a failed optional course, grade scores at each and all attempts will be included in the computation of the Cumulative GPA. The degree awarded shall be as follows:
Class of Degree Final Weighted Grade
(FWG)
First Class Honours 4.51 – 5 .00
Second Class Upper Honours 3.51 – 4 .50
Second Class Lower Honours 2.51 – 3 .50
Third Class Honours 1.51 – 2 .50
Fail 1.00 – 1 .50
A letter grade and numerical point shall be awarded to each student based on his/her total scores on all the evaluation criteria. The final marks scored by a student and the corresponding letter grades and numerical points are stated below:
Marks % Letter Grade Grade Point
70 – 100 A 5
60 – 69 B 4
50 – 59 C 3
46 – 49 D 2
0 – 44 1 0
TEACHING & RESEARCH FACILITIES
The department will be equipped with competent teaching materials and human resources to teach and supervise Entrepreneurship courses. There will be a multi disciplinary workshop block where students will learn hands on skills. The Centre draw assistance from all the Faculties in the University in the teaching of the Entrepreneurship projects as they relate to them.
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