1. FACULTY OF MANAGEMET SCIENCES: AN IGR HUB FOR SUSTAINED REVENUE DRIVE IN EKSU BEING A PAPER PRESENTED AT THE IGR SUMMIT OF EKITI STATE UNIVERSITY, ADO EKITI ON WEDNESDAY 27 TH JANUARY, 2016

2. DELIVERED BY PROF. PATRICK OLAJIDE OLADELE DEAN, FACULTY OF MANAGEMENT SCIENCES EKITI STATE UNIVERSITY, ADO EKITI

3. THE PECULIARITIES OF FACULTY OF MANAGEMENT SCIENCES i.Capacity to attract undergraduate and postgraduate students on full time, part time and distance learning programmes ii. Ready made market for all programmes (Accounting, Business Administration, Finance, Marketing, Cooperative Management and Insurance)

4. PECULIARITIES OF THE FACULTY OF MANAGEMENT SCIENCES (Contd.) iii. The professional and academic postgraduate programmes of the Faculty are highly demanded in the society. iv. Qualified academic personnel. v. Virile leadership and committed followership.

5. ROADMAP TO INCREASED IGR IN FACULTY OF MANAGEMENT SCIENCES i.Expanding areas of coverage/student base of our professional postgraduate programmes by adopting modular system. ii.Immediate admission into the newly approved programmes by the NUC (part time and full time). iii.Expanding admission base for the academic postgraduate programmes. iv. Collaboration with other Faculties within and outside the University Community

6. EXPANDING AREAS OF COVERAGE OF OUR PROFESSIONAL POSTGRADUATE PROGRAMMES Establishing tutorial centres across major cities in Nigeria. This will include but not necessarily limited to: i.Abuja ii.Lagos iii.Ibadan iv.Port-Harcourt v.Akure vi.Ilorin vii.Kaduna viii.Benin City

7. ACTION PLAN FOR THE PROFESSIONAL POSTGRADUATE PROGRAMMES ITEM NO.ACTIONTIME LINEWHO SHOULD BE RESPONSIBLE REMARK 1INITIATE A MEETING WITH INTERESTED PARTNERS MARCH, 2016THE DEAN, FMS AND THE THREE HODs AS A FACULTY WE ALREADY CONTACTED SOME PARTNERS AND THEY ARE WILLING TO COLLABORATE WITH US 2ADVERTISING OF THE UNIVERSITY’S INTEREST TO PARTNER WITH PRIVATE INDIVIDUALS APRIL, 2016PUBLIC RELATIONS UNIT OF THE UNIVERSITY THIS WILL ALLOW OTHER INTERESTED PARTNERS THAT ARE NOT KNOWN TO THE FACULTY TO SHOW INTEREST 3DEVELOPING MEMORANDUM OF UNDERSTANDING WITH ACCREDITED PARTNERS MAY, 2016UNIVERSITY MGT. TEAM & LEGAL OFFICER, DEAN (FMS) THIS WILL ENABLE US AGREE ON ROYALTY PAYABLE TO PARTNERS 7

8. ACTION PLAN FOR THE PROFESSIONAL POSTGRADUATE PROGRAMMES Contd. ITEM NO.ACTIONTIME LINEWHO SHOULD BE RESPONSIBLE REMARK 4LAUNCHING OF ADMISSION AND TUITION PAYMENT PLATFORMS FROM THE UNIVERSITY’S WEBSITE MAY, 2016ICT UNIT OF THE UNIVERSITY THE ICT UNIT SHOULD IMPROVE ON THE METHOD OF APPLICATION FOR PG PROGRAMMES 5ADMISSIONJUNE, 2016FACULTY OF MANAGEMEN T SCIENCES THESE CENTRES MUST HAVE BEEN ACCREDITED BY THE DEVELOPMENT COMMITTEE OF THE UNIVERSITY 6REGISTRATIONTILL AUGUST, 2016 STUDENTS, ICT, CPGS, TUTORIAL CENTRES ADMISSION LETTER TO BE PRINTED ONLINE, DOCUMENTATION AND PAYMENT TO BE DONE WITHOUT VISITING THE UNIVERSITY. ONLY FINAL CLEARANCE SHOULD BRING STUDENTS TO THE UNIVERSITY 8

9. ACTION PLAN FOR THE PROFESSIONAL POSTGRADUATE PROGRAMMES Contd. ITEM NO. ACTIONTIME LINEWHO SHOULD BE RESPONSIBLE REMARK 7DESPATCH OF LECTURE MODULES BEGINNING OF NEW SEMESTER, AUGUST, 2016 FACULTY OF MGT. SCIENCES, DIRECTOR DDL SOFT COPIES OF MODULES SHALL BE MAILED TO ALL STUDENTS THAT ARE FULLY REGISTERED 8RESIDENTIAL PROGRAMME FOR THE FIRST SEMESTER DECEMBER, 2016 FACULTY OF MANAGEMEN T SCIENCES ONE WEEK FOR REVIEW AND CONTINUOUS ASSESSMENT, ONE WEEK FOR EXAMINATION 9SUBMISSION OF RESULTS AND COMMENCEMENT OF TUTORIALS FOR SECOND SEMESTER FEBRUARY, 2017 ALL LECTURERS, FACULTY, ICT, CPGS SUBMISSION OF RESULTS SHALL BE TWO WEEKS AFTER EXAMINATION. RESULTS SHALL BE PUBLISHED IMMEDIATELY AFTER COMPUTATION 9

10. IMMEDIATE ADMISSION INTO THE NEWLY APPROVED PROGRAMMES BY THE NUC (PART TIME AND FULL TIME) i.The University should mandate Director of Academic Planning to expedite action for JAMB to include all the NUC newly approved programmes on its Brochure for the next admission exercise. ii.The Directorate of Part time Programmes should be mandated to advertise these programmes as soon as they are listed in JAMB Brochure.

11. EXPANDING ADMISSION BASE FOR THE ACADEMIC POSTGRADUATE PROGRAMMES i.The Faculty currently admits few students into the academic postgraduate programmes (M.Sc., M.Phil/Ph.D and Ph.D) in the existing three Departments. ii.So many applicants are denied admission annually for lack of supervisors. Departments in the Faculty would be allowed to admit more students. iii. The Faculty will ensure smooth academic calendar for the Postgraduate programmes and ensure it did not relent in its effort at graduating students in record time.

12. ANTICIPATED ENROLMENTS FOR THE FACULTY (5 YEARS PROJECTION) – PG - Professional YEAR ABUJA LAGOS PORTHAR COURTILORINIBADANKADUNAAKURE BENIN CITY 1 100120100150 80150100 2 110140100180 80200100 3 150180110220250100250125 4 200250150250280100300125 5 250300150320340120360150

13. ANTICIPATED ENROLMENTS FOR THE FACULTY (5 YEARS PROJECTION) – Undergraduate YEAR MARKETING INSURANCE COOPERATIV E MGT. INDUSTRIAL RELATIONS ENTREPRENE URSHIP 1 100120100150 2 110140100180 3 150180110220250 4 200250150250280 5 250300150320340

14. EXPECTED IGR (in millions of naira ) Assuming Each student will pay N200,000 per annum – PG Professional YEAR ABUJA LAGOS PORT- HARCO URTILORINIBADAN KADUN AAKURE BENIN CITY 1 200240200300 1603002001.9B 2 220280200360 1604002002.18B 3 3003602204405002005002502.77B 4 4005003005005602006002503.31B 5 5006003006406802407203003.98B

15. EXPECTED IGR (in millions of naira ) Assuming Each student will pay N50,000 per annum - UG YEAR MARKETING INSURANCE COOPERATI VE MGT. INDUSTRIAL RELATIONS ENTREPREN EURSHIP TOTAL 1 5657.5 31M 2 5.5759935.5M 3 7.595.51112.545.5M 4 1012.57.512.51456.5M 5 12.5157.5161768M

16. AN EXPANSION IN THE ADMISSION BASE OF THE ACADEMIC POSGRADUATE PROGRAMMES IN THE FACULTY TO A MINIMUM OF 50 STUDENTS PER PROGRAMME WILL INCREASE THE IGR BASE BY 60% (FROM AROUND N6,750,000 TO ABOUT N10,800,000 PER ANNUM

17. COLLABORATION WITH OTHER FACULTIES WITHIN AND OUTSIDE THE UNIVERSITY COMMUNITY i.The Faculty has concluded preliminary plans to establish professional postgraduate programme in HOSPITAL, HEALTH, AND RECORD MANAGEMENT. This shall be in collaboration with the College of Medicine. ii. The programme shall cover Postgraduate Diploma (PGD) and Master programmes (MHRM).

18. POSSIBLE IMPEDIMENTS As beautiful as these projections may appear, the following factors may prevent the University from exploring this juicy revenue drive: i.Inadequate staff (in quantity) for postgraduate programmes. ii.Delay in inclusion of our NUC newly approved programmes in the JAMB Brochure. iii.Delay in movement to our new Faculty Complex may forestall commencement of thee newly approved programmes. iv.Administrative Bureaucracy of the CPGS on Professional Postgraduate Programmes.

19. CONCLUSION If given the necessary supports, in the next five years, the Faculty of Management Sciences will have generated the following sums to the coffers of EKSU: i.From Professional Postgraduate programmes: N1,414,000,000 (Not more than 25% of this fund will go into running expenses) ii.From Academic Postgraduate Programmes: N53,000,000 iii.From newly approved Undergraduate Programmes: N236,500,000 19

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