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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 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 2021, starts Oct 2019

Start Date: 27 October 2019

Class of 2021, starts Mar 2020

Start Date: 8 March 2020



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

Microeconomics for Managers

ALUSB’s Intro to Marketing combines Wharton Online’s acclaimed Intro to Marketing Course with two modules of ALUSB’s own Marketing content to enhance and contextualize a study of Marketing on the African continent. Students spend the first part of the course (self-paced) engaging with the Wharton material through Coursera and then proceed to ALUSB learning platform.

Microeconomics for Managers

ALUSB’s Intro to Financial Accounting combines Wharton Online’s acclaimed Intro to Financial Accounting Course with African Cases on Financial Accounting to enhance and contextualize a study of Financial Accounting on the African continent. Taught by Brian Bushee (PhD) and Shelley Harrison, Professor of Accounting at the Wharton School of the University of Pennsylvania, this course help students master the technical skills needed to analyze financial statements and disclosures for use in financial analysis, and learn how accounting standards and managerial incentives affect the financial reporting process.

Microeconomics for Managers

Financial management is the management of the flow of funds available to an organization. It is the integrating 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, the ALUSB’s Corporate Finance 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 organizations in the not-for-profit and governmental sectors as well.

Microeconomics for Managers

ALUSB’s 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. The ultimate goal of this course it to help you begin to identify and harness skills and knowledge that will enable you to run a successful business on the continent despite, and perhaps in spite of, the challenges.

Microeconomics for Managers

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.

Microeconomics for Managers

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.

The ALUSB Operation 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.

Microeconomics for Managers

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 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.

Microeconomics for Managers

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 course students learn pragmatic ways to analyse and design strategies that help them earn a sustainable competitive advantage. The approach is cognizant 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.

Microeconomics for Managers

In the Entrepreneurship and Innovation course, we guide the MBA candidates 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 capitalize 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 thru the rigor of pitching their idea to a panel of discerning investors during Intensive 4.

Microeconomics for Managers

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.
Microeconomics for Managers

Communication is considered an integral part of any organization. For any organization to be successful they must have proficient communicators and this is becoming increasingly complex in our globalized world. The ALUSB Communicating for Impact course provides students with a holistic understanding of communication especially as it relates to the professional business setting in a globalized world. It equip students with the tools that are necessary to clearly and effectively communicate ideas with the diversity that may exist within any organization with the intention to move your audience to work towards individual and common goals.

Microeconomics for Managers

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.

Microeconomics for Managers

There exist economic forces that determine the extent to which businesses can capture the value that they create. The objective of Microeconomics is to teach you about these forces. And to help you develop an intuition, based on economic theory, on how economic fundamentals (e.g., demand, cost, market structure, and government policy) shape the prices that prevail in a market. An understanding of the economic fundamentals governing the distribution of value in markets is critical to informed strategic decision making on issues relating to pricing, capacity management, new market entry, and exit decisions.

Microeconomics for Managers

There has been a renewed emphasis on the importance of people management in organizations. 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 course will endeavor to explore the human capital challenges facing businesses in an increasing globalized 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.

Microeconomics for Managers

As a leadership development-focused organization, ALU School of Business believes firmly in the need to invest heavily in honing students’ leadership abilities throughout the MBA programme. For ALUSB, leadership cannot be an elective, chosen or discarded based on student interest, nor is it a concept that can be ‘downloaded’ in one or two terms. As such, the “Leadership Lab” is a mandatory course stretching the entire length of the MBA programme

Microeconomics for Managers

Students spend 2 terms going from idea to reality with their chosen projects. They work on either entrepreneurial or intrapreneurial projects, putting their learning throughout the program to use and testing out project ideas they are passionate about or developing further, business ideas they already run.

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