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The ALUSB MBA is a 20-month, part-time programme, blending in-classroom ‘’intensive’’ sessions in Kigali, Rwanda, with interactive, online learning terms.

You will join your peers six times during the programme for week-long, ‘intensive’, in-person sessions, where you will learn directly from an ‘all-star’ cast of experienced African business leaders. Intensives are compulsory and are held in Kigali, Rwanda. They are designed to extend, reinforce and complement your online learning.

Upcoming MBA start date, Class of 2023:

Start Date: 24 October 2021



We leverage 4 key elements to develop your leadership skills & business acumen, and to grow your network:

In-person Intensives | Periodic week-long sessions delivered by expert faculty and an experienced ‘all-star’ cast of senior African business leaders.

Interactive, online learning | Synchronous webinars, self-paced learning and group work using a plethora of cutting edge, digital tools will keep you closely connected to your business school, boost your productivity, elevate your digital skills and help you to build this MBA programme around your professional and family life.

Real World Projects | African cases studies and world-class business theory will intersect as you solve real African business problems from day one. Solve a major problem at your company as your final project as part of the MBA capstone project.

Leadership Development | Improve your emotional intelligence and practical leadership skills with the help of expert coaches.


Blended Learning Experience

The ALUSB MBA is a blended, part-time programme. By “blended” we mean that this MBA is structured part in person (in Kigali, Rwanda) and part online, where students engage in interactive, online learning while remaining at work in their home countries.

This part-time MBA learning structure requires students to be able to dedicate approximately 20 hours per week to their studies during their online periods. The experience is intense but our students succeed. How do they do this? These week-in-the-life articles follow the lives of our students. With the right classmates, community and support system, you can do it too!

Guest Faculty Perspectives

Gbenga Oyebode
  • Visiting Lecturer
  • Founder, Aluko & Oyebode
Ayesha Bedwei
  • Visiting Lecturer
  • Tax Partner West Africa Corporate Responsibility, Diversity & Inclusion Leader Member of the PwC Africa Board
Willy Yav
  • Visiting Lecturer
  • Co-founder and Chief Commercial Officer of Pygma Group
Bill Egbe
  • Visiting Lecturer
  • Former President, Coca Cola South Africa

Sample MBA Courses

Financial Accounting

This MBA course is an introduction to Financial Accounting. It begins with building an understanding of the role of accounting in business, then delves into the details of the key financial statements in use in all kinds of businesses and organisations. An understanding and use of financial information is an indispensable part of managing a business. This course demystifies financial reports and gives you the confidence to analyse them and use them for decision making.

Finance and Valuation

Finance and Valuation looks at the management of the flow of funds available to an organisation. This MBA course integrates the discipline of management, moderating the flow of capital, and the risks and rewards between savers and users of capital. Financial Management seeks to create and preserve shareholder wealth. Through case discussions and text-based supplementing readings this course helps students to develop the knowledge, skills, critical thinking abilities and behaviors required for financial decision making. Although the main focus of this course is for profit-seeking firms, much of what is learned has applicability for organisations in the not-for-profit and governmental sectors as well.

Operations Management

The ALUSB MBA Operations Management course addresses the supply of goods and services in an international/global economy. The fundamental focus is on understanding the best way to match supply and demand at any organisation. We describe marketing as the management of demand and operations as the management of supply. The Operations Management course tackles the strategic issues and the analytic tools for decision making. It addresses practical, process-based approaches to solving operations problems. Text, cases, exercises, webinars and special presentations address concepts in process analysis, quality, supply chain, logistics, control and integration.

Marketing on the Continent

Marketing is the interface between the company and the marketplace. Managers in all functional areas of business need an understanding of marketing fundamentals. While marketing managers create and implement marketing strategy, managers in other disciplines such as accounting, finance and operations also need to understand marketing plans that require their cooperation or approval. This course covers the processes involved in the creation and delivery of customer value and satisfaction through communication, pricing, and distribution and development of products and services. It is designed to give an overview of what marketing is, what marketers do, and the concepts and tools they rely on to achieve their objectives, set in the diverse context of the African continent. The course includes the theory and practice involved in the marketing process.

Big Data & Business Analytics

Business analytics is at the heart of most successful organisations. C-suite titles such as Chief Analytics Officer, Chief Data Officer and Chief Data Scientist are becoming increasingly prevalent, reflecting the importance of data as an asset and a potential source of intellectual property.

Business leaders are expected to feel comfortable with data and know how to develop a rigorous scientific approach to extracting insights. ALUSB’s MBA Big Data course demystifies analytics by using real business examples that motivate the need for statistical approaches, rather than being an intimidating journey through complex mathematical formulae. A hands-on approach is used to teach the course, involving demonstrations, practical exercises and assignments. After taking this course, students are able to understand the advantages and challenges of analytics and gain experience with the methods used to collect, summarise, visualise and analyse data.

Doing Business in Africa

ALUSB’s MBA Doing Business in Africa (DBIA) course is an in-depth encounter with the continent, it’s nuances and complexities, with an aim to understand it as it is and to bring out approaches that fit the continent and lead to successful business. DBIA helps develop a mindset that allows you to anticipate and appreciate the challenges and opportunities present across the continent’s diverse and complex regions and industries. The ultimate goal of this course it to help you begin to identify and harness skills and knowledge that will enable you to expand your organisation or run a successful business anywhere on the continent despite, and perhaps in spite of, the challenges.

Leadership Lab

ALUSB’s signature MBA V^3 Leadership Model, developed with the African leader in mind and built around the elements of Virtue, Value and Vision, is at the heart of this leadership development programme, known as the Leadership Lab. This integrated programme is designed to precipitate transformational leadership development over the course of our 20-month ALUSB MBA programme, harnessing the  power of self-reflection, practical application, coaching and feedback as students work, study and apply over the course of their MBA.

A detailed term-by-term overview follows below.

Term 1: Introduction to V^3 Leadership

In this term you will begin a journey to understand, examine, and embody African leadership.  Profiling and engaging with some of Africa’s finest leaders in the field, you will explore how leaders are forged, how to become a more effective leader, and what you require to change the world.  You will not live in the realm of ideas, however; you will apply ALUSB’s V^3 Leadership Model to your daily life, using personal Objectives and Key Results (OKRs), feedback, and coaching to actually begin honing your leadership ability.

Term 2: Virtue

How does a person become the most famous and beloved leader in the world from prison?  Nelson Mandela did so by living and leading with Virtue–the first component of leadership.  Virtuous Leadership–who a leader is, how they conduct themselves, and the relationships that they build with others–requires empathy, courage, and fortitude. In this term, you will explore the components of Virtuous Leadership by improving your ethical framework, decision making, and emotional intelligence through on-the-job challenges.

Term 3: Value

Leadership must not be only ethical & empathic; leadership must be effective, capable of creating value for all stakeholders–the second component of leadership. Value-driven Leadership leverages the world’s most useful approaches to generate worth for customers, employees, communities, and markets, creating a self-sustaining flywheel of possibility. In this term, employ these approaches to mine for opportunity, think divergently, and implement systemically.

Term 4: Vision

Whether reforming a country or going to the moon, most of man’s greatest achievements can be traced to a leader with a moving vision for the future–the final component of leadership. Visionary Leadership skillfully inspires masses with not only the grand mission but also the profound impact made possible by its achievement. In this term, you will discover what makes a leader inspirational and begin articulating the vision for your own life.

Term 5:

African leadership–that which is profound, enduring, and truly impactful–necessarily exists at the nexus of Virtue, Value, and Vision. Known as V^3 Leadership, this approach challenges leaders to their core, thoroughly refining their character, conduct, and course through real world trial and error. In this term, you will be personally refined in the crucible of the Capstone Project, in which you will demonstrate your leadership acumen by implementing a tangible project in your company/organization and delivering results.

Strategy in Africa

In order to be sustainably successful a business must have a clear understanding of where to compete and how to compete. Strategic management is the means by which these decisions are made, implemented and monitored. It is concerned with how a firm sets its direction, and carries out activities and sets in place policies and objectives to steer the business in this direction.

In this MBA course, students learn pragmatic ways to analyse and design strategies that help them earn a sustainable competitive advantage. The approach is cognisant of the types of strategic challenges facing businesses on the continent. Students learn to identify strategies that will fit a firm (align with its strengths and capabilities internally) and also allow pragmatism in terms of a competitive position that meets competitor/environmental forces.

Entrepreneurship and Innovation

In the ALUSB MBA Entrepreneurship and Innovation (E&I) course, MBA candidates are guided as entrepreneurs and intrapreneurs through the first three months of launching a new venture, with a focus on business in Africa. Students are primed to discover and address the major challenges facing the continent and capitalise on the greatest opportunities in which Africa is uniquely positioned to excel. Equipped with facts and data, tools for introspection, tactical knowledge and best practices in leadership and entrepreneurship, and the expertise of industry leaders and successful entrepreneurs, students choose a venture to pursue, put it through a rigorous testing and validation process, and gather the evidence and market acknowledgment that the concept is viable, valuable, usable, and feasible.

At the end of the course, the students are put through the rigour of pitching their idea to a panel of discerning and experienced investors in the ALUSB Arena, during their fourth intensive week.

Politics, Economics, and the context of African Business (PECAB)

Politics and macroeconomics affect just about every aspect of business on the African continent and around the world. The ALUSB MBA Political Economy and the Context of African Business (PECAB) will give you a unique understanding of these forces, including how issues like public confidence, political considerations, and global economic forces interact to shape the cost of capital, exchange rates, taxes and tariffs, and other key factors in the business environment. The course will use and compare cases from African firms and countries with critical cases from the developed world and other emerging markets, helping you to develop a picture of the risks, opportunities, and trends in the complex and interconnected global economy—as well as how African firms and markets can manage them.

By participating in PECAB you will:

  • Learn how to analyse the business environment of a country, including finding and using relevant data
  • Learn or review basic concepts in macroeconomics, politics, and policy–including GDP, inflation, interest rates, exchange rates, financial sector stability, taxes, institutions, coalitions, and veto players.
  • Understand how links between politics, economics, and institutions shape the business environment.
  • Understand how businesses in Africa and other markets navigate key political and economic risks.
  • Understand how the business and economic environments in African countries are similar to (and different from) environments in other regions and the risks and opportunities these differences create.
Structured Business Communications

Communication is considered an integral part of any organisation. For any organisation to be successful they must have proficient communicators and this is becoming increasingly complex in our globalised world.

The ALUSB MBA Structured Business Communication course provides students with a holistic understanding of communication especially as it relates to the professional business setting in a globalised world. It equip students with the tools that are necessary to clearly and effectively communicate ideas with the diversity that may exist within any organisation with the intention to move your audience to work towards individual and common goals.

Managing Across the Continent

There has been a renewed emphasis on the importance of people management in organisations. Human capital is seen as a firm’s core competence, and of all the resources of the firm, it can be the most important source of sustained competitive advantage. This MBA course will endeavor to explore the human capital challenges facing businesses in an increasing globalised world economy, and compare the global challenges with that of the African environment. There is a need for the region to create a fusion of African styles and practices with the traditional approaches to human capital management.


The culmination of the ALUSB MBA, students spend their final two MBA terms bringing their ideas to reality.

The ALUSB Capstone experience is designed to help MBA students synthesise elements of the foundation courses and enhance their skills through applied, project-based learning. Choosing a project that is either entrepreneurial, intrapreneurial or a social impact passion project, the Capstone requires students to apply their MBA learning thus far and channel it to the production of a tangible solution that is ready to implement and that will drive impact on the continent.

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