Top 5 Most Affordable MBA Programs in Nigeria for 2024
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Top 5 Most Affordable MBA Programs in Nigeria for 2024

Top 5 Most Affordable MBA Programs in Nigeria for 2024

Are you looking for the best affordable MBA schools in Nigeria you should know?

Would you like to take business courses from great Nigerian universities with low-cost MBA programs?

Are you actively seeking where to study with great flexibility, cheap programs, and a good reputation in the marketplace?

Here is a curation of the best affordable MBA programs in Nigeria and they are also the most affordable MBA schools and programs with accreditations and legal approvals.

  1. Fordax Business School, Abuja – provides a 3-month executive MBA (non-academic) program that covers Problem Solving & Decision Making, Business Planning & Strategy, Business Marketing & Growth Hacking, Customer Acquisition, Retention & Loyalty, Business Structure, Systems & HR, Business Management & Leadership, Business Innovation, Financial Management, Personal Management & Effectiveness, and Public Speaking For Leaders & Managers.

The Fordax 12-week MBA is designed for people who want to level up fast without the time or cost of a traditional MBA. It’s practical, focused on real-world business challenges, and perfect for busy entrepreneurs, professionals, and leaders. You won’t get lost in theory — instead, you’ll learn skills you can apply right away. Plus, the flexibility lets you keep working while you study, and the price is a tiny fraction of what traditional MBAs charge. It’s all about getting the knowledge and tools you need, without sacrificing your career or breaking the bank.

  • The fee is N200,000 (about 108$) 
  • The only downside is that the Fordax MBA-na is not a degree program but a professional development course that mimics traditional MBA courses. You can’t use it to pursue academic programs. It is not a degree.
  1. Miva Open University – The Master of Business Administration (MBA) programme at Miva Open University is meticulously designed to equip future business leaders with the skills and insights needed to excel in today’s rapidly evolving global economy, heavily influenced by technological advancements. 

Miva Open University is a private online university in Nigeria that was established by uLesson in 2023, with its primary campus in Abuja.

Miva MBA is an 18 month long online program that covers Course: Environment of Business, Entrepreneurship,

Management Information System, Organisational Behaviour, Introduction to General Management, Operations Management, Corporate Finance, Human Resources Management, Marketing Management and Strategy, Introduction to Accounting, Managerial Economics, Business Law, Principles of Business Negotiation, amongst several other courses. 

  • The fee is N950,000
  • The only downside is that classes are taken online and Miva Open University is still new in Nigeria. 
  1. Ahmadu Bello University (DLC) – Delivered entirely over the Internet, the Online MBA is ideal for career professionals who need flexibility, convenience, and quality. The ABU Distance Learning Center MBA delivers a comprehensive business curriculum, many ways to customize your MBA to your goals, and personal support every step of the way. Earn the same highly ranked MBA as full-time and part-time programs — with the same curriculum, taught by the same faculty – and join a network of prestigious business school alumni.

Additional Program Highlights:

  • Gain in-depth knowledge with a specific area of emphasis and customize your MBA to meet your career goals
  • Support team dedicated to the needs of working professionals
  • Fast track possible
  • One-course-at-a-time curriculum

ABU runs a trimester session which helps students to fast track their programme without breaking their back. As such, students interested in fast track are advised to use this semester to offer additional courses.

  • Duration is 18, 24 or 28 months depending on what you chose
  • Total fee is around N1,200,000 
  • The only downside is that, just like many traditional universities, you may not get proper attention or customer service, platforms may not be as effective as you desire and getting response may take a little longer than expected. 

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