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The ALUSB MBA is a 20-month, part-time programme, blending in-classroom ‘’intensive’’ sessions 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 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 Dates

Class of 2020, March Cohort

Start Date: 17 March 2019

Class of 2021, October Cohort

Start Date: 27 October 2019



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 ‘all-star’ cast of senior African business leaders.

On-Demand E-Learning | World-class online courses from the world’s top business schools and management consulting firms that you take at your own pace.

Real World Projects | Apply business theory to solve real African business problems from day one. Solve a major problem at your company as your final 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, work-study programme. By “blended” we mean that this MBA is structured part in person (in Kigali, Rwanda) and part online, where students study while working, back in their home countries.

Students must therefore 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!

Academic 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 Courses

Introduction to Marketing

This course covers three core topics in customer loyalty: branding, customer centricity, and practical, go-to-market strategies. In more detail, you will learn:

  • Branding: brand equity is one of the key elements of keeping customers in a dynamic world in which new startups are emerging constantly.
  • Customer centricity: not synonymous with customer service, customer centricity starts with customer focus and need-gathering.
  • Go-to-market strategies: understand the drivers that influence customers and see how these are implemented prior to making an investment.
Introduction to Financial Accounting

Master the technical skills needed to analyse financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process. By the end of this course, you’ll be able to read the three most common financial statements: the income statement, balance sheet, and statement of cash flows.

Corporate Finance

This course provides a brief introduction to the fundamentals of finance, emphasizing their application to a wide variety of real-world situations spanning personal finance, corporate decision-making, and financial intermediation. Key concepts and applications include: time value of money, risk-return tradeoff, cost of capital, interest rates, retirement savings, mortgage financing, auto leasing, capital budgeting, asset valuation, discounted cash flow (DCF) analysis, net present value, internal rate of return, hurdle rate and payback period.

Doing Business in Africa

Through Doing Business in Africa, you will take the concepts that you learned in your Wharton Online courses and apply them to real-world African examples. You will analyze exciting African cases about Marketing Nike during South Africa’s World Cup, or running the finances of a Conservation Nature Reserve in Namibia, among others. You will also get the opportunity to discuss the ways that these foundational business course topics apply to different markets and countries with your peers from all over the African continent.

V^3 Leadership Development

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.

Communicating for Impact (Negotiation)

Negotiation is an essential skill in today’s dynamic workplace. Whether you negotiate with customers, suppliers, or colleagues, your ability to negotiate effectively is vital to the success of your organization.

Negotiation Mastery: Unlocking Value in the Real World prepares you to close deals that might otherwise be dead-locked, maximize value creation in agreements you reach, and resolve differences before they escalate into costly conflicts. This program emphasizes preparation of both the “head and heart” before entering a negotiation. This includes an understanding of both analytical tools and interpersonal techniques for dealing effectively with different bargaining styles and tactics. Participating in Negotiation Mastery will allow you to:

  • Understand negotiation dynamics and how to prepare for uncertainty
  • Learn to craft agile strategy and be quick on your feet
  • Resolve small differences before they escalate
  • Secure maximum value for your organization and yourself
  • Reflect on personal tendencies and refine your approach to be more effective
  • Engage with like-minded peers from around the globe and content developed by Harvard Business School faculty
Entrepreneurship and Innovation

Entrepreneurship has been instrumental in the economic growth witnessed in many African countries in the last two decades. Emphasizing the power of entrepreneurship, this course examines and synthesizes the experiences of successful and unsuccessful entrepreneurs on the continent, to deliver valuable lessons on how to be entrepreneurial in Africa today.

Through this course you will learn innovative design-thinking techniques in order to design, test, and pitch your own venture. The course culminates in our Grand Finale “Lion’s Den,” where students pitch their ideas to successful venture capital investors in Kigali.

Politics, Economics, and the context of African Business

Politics and macroeconomics affect just about every aspect of business on the African continent and around the world. 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 Political Economy and the Context of African Business you will:

  • Learn how to analyze 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.
Entrepreneurship and Innovation

Develop a rigorous and structured approach to problem solving and improve your ability to define challenging problems, prioritize issues, synthesize findings, and develop actionable recommendations. Projects are done individually and in groups. You will be able to apply these skills to your Capstone project.


Operations Management 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 organization. We describe marketing as the management of demand and operations as the management of supply.

Operations managers need to carefully manage and direct resources such as capital, labor, technology and information. This is done in multinational environments with increasing pressure for ‘more, better, faster’. Customer service, quality and use of appropriate technology are critical factors. Rapid and effective communications, including the internet, produce more options and choices than ever for the consumer.

The course will address the strategic issues and the analytic tools for decision making. It will address 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. The role of the manager and what managers do about processes, cross-functional links, use of information systems and technology, are emphasized.

As for teaching and learning, the course will be presented in lecture and discussion format, with some use of business cases and exercises to demonstrate the application of the principles developed. Webinar sessions are designed to highlight key concepts, clarify areas of difficulty, and provide a general framework to address the subject matter. Preparation for class sessions is essential. We expect active participation during webinars. Students are expected to participate orally in webinars and in online forums and team activities.


Through the eight-month Capstone project, students will get the opportunity to apply everything that they learned in the previous 14 months to a project of their own. Students choose to be an entrepreneur (many continuing to work on the venture they came up with in their Entrepreneurship & Innovation course), an intrapreneur (making change within the organization in which they work), or do a passion project to make a positive difference in a community they care about.

Students get extensive coaching throughout the Capstone process, from peers, professional executive coaches, field advisors in their industry of choice, and a Dean advisor, to make sure that they are on track to succeed.

Students also work on a Personal Leadership Plan throughout the Capstone, to ensure that they are continuously developing as leaders through the execution of their project.

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