ACC 111 PRINCIPLES Of ACCOUNTING I (3 UNITS)
History and development of Accounting.The nature, scope and purpose of accounting, users of accounting information. The range of services provided to an organization by the accounting function. The role of financial accounting, major branches of accounting (financial, Auditing, taxation, public sector, cost and management accounting) and their roles in an organization. Accounting concepts, assumptions and conventions.The principles of double Entry Book keeping.The accounting process/systems and books of Accounts. Types and classifications of ledger Accounts. Books of prime Entry-sales Day books, purchases Day books, returns inward books, and returns outward books. The trial balance.Imprest/petty cash system, bank transactions types of bank accounts, and bank reconciliation statements. Revenue and capital expenditures.Final accounts of sole traders.Trading, profit, and loss accounts and balance sheet.Adjustments and correction of errors in Accounts.Depreciation, Accrual and prepayments, provisions and reserves, bad debts and provisions for bad debts. Manufacturing accounts. Total/control accounts.
ECO111 ELEMENTS ECONOMICS I (3 UNITS)
Nature and scope of Microeconomics. Theories of demand and supply (types, shift and functions). Elasticity of demand and supply (price, income and cross). Calculations and interpretation of the indices of the above elasticity concept. Theory of consumer behavior: utility and preference. Market structure (perfect and imperfect).Price and output determination under perfect competition, monopoly, monopolistic competition, duopoly and oligopoly.Theory of production, types of production (primary, secondary and tertiary), factors of production.Law of diminishing returns, production possibility curve.Indifference curve analysis.
FIN 111 INTRODUCTION TO FINANCE (2 UNITS)
Definition and scope of finance in organization.Specialized Area of finances; finance functions in the organization. Meaning and objectives of financial management. The environment of business: Economic, social and political environment of Nigeria. Financing business firms in Nigeria, source, types and problems, role of government in the financing process.The concept of collateral in the borrowing process.Elementary financial analysis.International financial institutions. Basic concept of money and credit: Definition, origin, importance, functions and characteristics of money and credit. Money creation capacity of commercial banks. Different types of money. Quantity theory of money. Evolution and structure of Nigeria banking institutions: different types of banking institutions central bank of Nigeria, commercial banks, merchant banks, specialist banks like development banks, federal savings bank, non-banking financial institution like insurance companies, pension and provident funds, finance houses, and state finance corporations.
ABM 111 INTRODUCTIONTO BUSINESS (2 UNITS)
Business: definition and scope. The characteristicsof business: social, legal and economic perspective. Forms of business ownership: management and characteristics. Functions of business organization: marketing, production, finance and accounting functions, Government and business. The social responsibilities of business.Internal problems of business enterprises in Nigeria.Businessenvironment.Agribusiness: definition and scope. Characteristics and classification of agribusiness : based on output and based on stage of production. Prospects and challenges of Agribusiness in developing countries.
MTH 111 MATHEMATICS (2 UNITS)
Transcendental functions, hyperbolic functions.Inverse functions.Logarithmic.Differentiation.Methods of integration. Integration functions. Integration by parts, improper integrals applications.Areas and volumes.Canters of mass.Ordinary differential equations. First order equations with valuable separate. First order equations with valuable separate. First order linear equations. Second order homogenous equations with constant co-efficient, applications, plane analytic geometry. Rectangular Cartesian co-ordinates. Distance between two points. The straight line, loci.Thecircle.Parabola, ellipse and hyperbola.Second degree curves, plan polar co-ordinate system graphs of polar equations.Plans areas in polar co-ordinates.Vectors, vector addition and multiplications.Products of three or more vectors.Vector functions and their derivatives.Velocity and acceleration, matrix algebra. Addition and multiplications, transpose, determinants. Inverse of non-singular matrices.Gramer’s rule and application to the solution of linear equations.(Examples should be limited to non matrices where m3, n3) transformation, invariant points and lines. Mathematics concepts in management, set theory; factors and Exponents; logarithms; Trigonometry; Equation, function and progressions; coordinate Geometry; Inequalities; permutations and combinations. Linear programming and inequality matrices.
UGC 111 FARM PRACTICE I (1 UNIT)
Farm planning and structure; site selection’s layout of farm structures, road and fences; field layout.
ACC 121 PRINCIPLES OF ACCOUNTING II (3 UNITS)
Incomplete records accounts of non-profit making organizations: receipts and payments account, income and expenditure accounts. Valuation of stocks.Accounting for stock losses and defalcations. Consignments accounts. Departmental accounts. Accounting for containers.Bills of exchange. Introduction to partnership accounts nature, formation, contents of a partnership deed and special accounting arrangements including the preparation of partnership final accounts. Meaning and valuation of good will in partnership admission of a new partner joint venture accounts.Payroll accounting. Farmers accounts.
ECO 121 ELEMENTS ECONOMICS II (3 UNITS)
Nature and scope of macroeconomics, macroeconomics policy, objectives and instruments population theories: Malthusian and demographic theory. The theory of economic growth and developments, problems of economic growth.Multiplier concept business cycle, national income accounting (GDP, GNP, and NI, etc) Economic systems capitalism, socialism and mixed economy, consumption theory.Inflation and unemployment.International trade and finance.International and regional organizations.
ABM 121 ELEMENTS OF MANAGEMENT (2 UNITS)
Definitions of management.Basic concepts and theories in management.Management principle and functions.Organic business.Organizational manager.Organizational planning. Nature and purpose span of management, departmentalization, line and staff authority, service departments. Staffing and directing, selection of managers, appraisal of managers, management development, nature of directing, motivation, leadership controlling, the con process, Nigeria environment, management problems in Nigeria. Challenges of indigenization.Transferability of management systems.Strategic management.Business and government relations, organizational environment.Business social responsibilities.
MKT 121 INTRODUCTION TO MARKETING (2 UNITS)
Marketing definitions: fundamental concepts in marketing; marketing evolution and phases; role and importance of marketing; the marketing system in Nigeria; marketing viewpoints/perspectives; marketing and contributions from cognate disciplines; science, art and theory in marketing: functions of marketing; marketing environment; needs and wants; buyer behavior and market segmentation; marketing analysis; market measurement and forecasting; the marketing mix elements; paradigm shift in marketing; contemporary issues in marketing; marketing under attack. Marketing activities in the marketing-mix elements; strategic marketing; the product concept; optimum product competition; new product development (NPD) process; product life cycle; the cycle time, product classifications and marketing strategies; pricing policies and strategies distribution channel decision; promotional mix tools, advertising, public relations, personal selling, sales promotion, direct marketing, etc marketing of professional services; marketing research; marketing planning; appraising marketing systems. Others areas of coverage include:-
MTH 121 MATHEMATICS II (2 UNITS)
Mathematic and symbolic logic: inductive and deductive systems; mapping and transformation, introduction to complex Numbers; introduction to vectors; Matrix and Determinates. Discreet and continuous variables; the straight line in various forms; the circle; maxima, minimal and points of infections; integral calculus; integration by substitution and by parts; Expansion of algebraic functions; simple sequence and series. Number systems, indices, surds and logarithms. Polynomials, reminder and the factor theorems, polynomial equations, rational functions, partial fractions, fields, ordered fields, inequalities, mathematical, inductions, permutations and combination, binomial theorem, sequences and numbers. The quadratic equation and function, relation between the roots and the co-coefficients.Complexnumbers.Addition, subtraction, multiplication and division.Argand diagrams, demolvre’s theorem, n-th roots of complex numbers. Elementary set theory, Venn diagrams and applications, de-morgan’s laws, trigonometry, elementary properties of basic identities, sine and cosine formulae. Half angle formulae, area of a triangle, solution of trigonometric equations, inverse trigonometric functions, functions concepts and notation examples. Techniques for finding limits the derivate, calculation from first principles, techniques of differentiation, chain rule. Higher order derivatives, extremum problems, mean-value theorem. Applications, indeterminate form and l’Hospital’srule.Taylor’s and mandarin’s series.Curve sketching integrations as the reverse of differentiation, as areas, as limit of finite sums.Definite integrals properties of definite integrals.Applications.
UGC 121 FARM PRACTICE II (1 UNIT)
Economic of orchard layout pineapple, citrus etc.
BUS 212 BUSINESS LAW II (2 UNITS)
The Nigerian legal system divisions and sources of Nigerian law common law and equity; case law and precedent; legislation including the nature and effects of military decree, edicts and statutes, interpretation; customary law and sharia law – meaning and scope. The court system-outline of the structure and hierarchy of courts, officers of the court, qualification of judges, compositions and jurisdictions of various court summons. Outline of the nature of special tribunals. Forms of legal liability substance, comparison and contrasts between criminal and civil ability. Defamation (ie libel and slander), negligent misstatements and passing off. Law of contract-nature and essential elements of a valid contract, offer and acceptance, consideration formality, capacity, consent vitiating factors, privity of contract, terms of contracts, discharge of contract, remedies for breach of contract, termination of contract, etc. law of Agency-its creation and types, rights and duties of principal and agents, termination of agency. Sale of Goods-meaning and types of relevant goods, conditions, warranties and caveat emptor doctrine, transfer of title and risks; the duties and rights of seller and buyer.Breach of the sale of goods contract and remedies. Law of Tort-Definition of Tort, the Tort of Professional negligence, vicarious liability, criminal and civil liability.
AEC 211 INTRODUCTION TO AGRICULTURAL ECONOMIICS (2 UNITS)
Introduction: the scope of agricultural economics, the role of agriculture in economic development, the role of prices of agriculture. The farm firm decision making process, the demand of agricultural products. The basic demand, market demand, demand elasticities, the supply of agricultural products, production and supply relationships, market supply elasticities, some application of demand and supply to agriculture
Economics of agricultural production- the concept of a production function. Factor/factor, factor/product relationship, cost relations, some application of cost relations to agricultural production. Farming organization and management, the role of management in farming, risks and uncertainty in farming strategies against risk, time element in farming, records, farm planning and budgeting. Agricultural markets, the concepts of a market and marketing, market farms, approaches to the study of marketing, common marketing problems. Agricultural co-operatives definition, co-operative principles, conditions for co-operative success, problems of co-operative, types of co-operatives. Financing agriculture definition of basic concepts, approaches to agricultural financing, problems of agricultural financing. Planning and policy, approaches to agricultural and food policy formulation, the World Food Policy Formulation, the World Food Problems, current issues in Agricultural Development.
BUS 214 BUSINESS STATISTICS (2 UNITS)
Nature of statistics, statistical enquiries, forms and designs.The role of statistics.Basic concepts in statistics.Discrete and continuous variables.Functional relationships, sources of data presentation of statistical data.Measures of central tendency.measures of dispersion. Momem’s, skew ness and kurtosis decision theory. Test of hypothesis for small and large samples. Chi square distribution.Linearprogression.Indexnumbers.Time series and analysis of time series.
ACC 211 FINANCIAL ACCOUNTING I (3 UNITS)
(pre-requisite ACC111 and ACC 121)
Advanced treatment of partnership accounts including Goodwill. Admission retirement/death of a partner.Dissolution of partnership including treatment of piecemeal realizations.Amalgamation and conversion of a partnership to a limited liability company. Introduction to accounts of limited liability companies including treatment of issues of shares/debentures, redemption of preference shares and debentures. Accounting for voyages.Royalty accounts, tax implications of Royalties.Accounting for investments.
FRW 211 PRINCIPLE OF FOREST RESOURCES AND ENVIRONMENTAL MGT (2 UNITS)
Types of forest resources : (a)Non- monetized resources and (b) Monetized resources; forest food, fuel, pole,timber panel, pulp wood and non- wood resources. Forest product.Definition of forest resource management.Sustained yield management. Forest resource management for enhancement of (i) Production of arable crops, livestock, fish and wood and (ii) the quality of the environment
FFA 211 AGROFORESTRY SYSTEM (2 UNITS)
Definition and history.Importance of agroforestry, including sustainable production of food and fibre, environmental protection and conservation. Major agroforestry system including TUNGYA SYSTEM (Traditional and departmental tungya), ALLEY FARMING, SHELTER BELTS, OR WIND BREAKS, etc. Component classification of agroforestry system e.g. fa) two component systems such as (i) Trees and araole crops agrisilviculture), (ii) trees and livestock (silvopastprial system), (b) Three component systems such as (i) Trees, arabie crops and livestock (agrosilvopastoral system)
CAE 211 GENERAL AGRICULTURE (2 UNITS)
The courses covers the following aspects of Agriculture:
economics and extension section covers the following; meaning and scope of agriculture, characteristics of agriculture in less developed countries (LDC’s) with particular reference to Nigeria:roles of agriculture in Economic Development, Problem/obstacles to the development of Agriculture in Nigeria;strategies for improving Agriculture in Nigeria.Crop and soil sciences; crop and production and its development; problems and prospects of crop production.Importance of crop rotation, cultural practices, water and soil conservation irrigation and drainage; soil their origin and formation, physical properties of soil, nutrient requirement and mineral nutrition of plants, introduction to fertilizers.Animal husbandry/ production:animal production and its development, the livestock industry-problems and prospects.Systems of livestock production, General principles of management of the different types of farm animals.Natural resources and environmental management of the different types of farm animals.Natural resources and environmental management:importance of Agro forestry and Agro forestry systems in food production, environmental conservation and deforestation, importance of aquaculture and environmental sustainability.
UGC 211 FARM PRACTICE 1 UNIT
ABM 212 AGRIBUSINESS COMMUNICATION SKILL (2 UNITS)
Rudiments of Communication: Communication Defined, Elements of Communication, Principles of Communication: Oral, Written and Nonverbal Communication: Language Defined, Non-verbal communication, Listening, Oral and written Communication; Functions and settings of Communication: Functions of Communication, Communication, Communication setting: Communication theories and Models: Linear Model, Interactional Model, Transactional Model etc. writing and Communication Methods: writing Defined, Stages of Writing, other Aspects of the Writing process, Corporate and Public Communications, Commercial Communication Method and Letter Writing. Process of Meeting, Conferences, Seminar, Symposium and Debates: Meetings Defined Conduct, Procedures, Aims and Benefits/Disadvantages of Meetings. Written Rules Affecting Meetings, Conference, Seminar, Symposium and Debates, Uses of Words, Sentences and Figurative Expressions, Words and their Meanings, Synonyms and Antonym Dynamism in Words, and Predication, Suffixation, Sentences/Figurative Expression, Reports and Handover notes: Types of Reports, Components of Reports and Handover Notes. Organization communication: The concept of organizational communication, Factors Affecting Effectiveness of organizational Communication. Types of organizational Communication.Public Relations and marketing Communication. Common terminology in Agribusiness communication
ABM 211AGRIBUSINESS FINANCE I (2 UNITS)
Investment decision of the firm under condition of certainty and uncertainty; the problems of mutually exclusive projects; capital rationing and inflation; the measurement and usefulness of cost of capital as a decision and relevance of dividend decision of the firm are discussed. Student will also be introduced to the concept of Capital market efficiency and the pricing of Capital assets
CPP 221PRINCIPLES OF CROP PRODUCTION (2 UNITS)
Crop production and its development.The principles, problem and prospects of crop production.Importance of crop rotation, cultural practices, water and soil conservation, irrigation and drainage.General types and characteristics of arthropods, microorganisms, and other pest affecting crops.Weed and their effects on crop production, pests. Diseases and weed control. Basic Mendalian genetics. Principles of crop production, harvesting, processing and storage
CAS 221 INTRODUCTION TO ANIMAL PRODUCTION (2UNITS)
Production of sheep and cattle
BUS 222 BUSINESS LAW II (2 UNITS)
Hire purchase:-its meaning and formation, the right and obligations of the parties.Contract of employment;- the nature and formation of contracts of employment, rights and duties of employers and employees, terminationand dismissal, and remedies for breach of employment contract, redundancy.
Insurance contract:-Its meaning, features and outline of concepts and principles; insurable interest, premium, indemnity and fixed sum insurance, subrogation and contribution.Assignment of policy, partnership;-Definitions, nature and types; general and limited partnerships; formation and articles of partnership, types, rights and duties of partners; relationship of partners with each other and with third partners, dissolution of partnership, Banking and Negotiable instruments:-The legal relationship of banker and customer and their mutual duties; the meaning and characteristics of negotiable instruments (Bill of Exchange, Cheques, promissory notes, etc.);Right and duties of the parties to a Bill of Exchange including the rights and duties of the holder in due course; Cheques and their crossing.Trust and Estate. Administration:- Appointment, duties, powers, rights and accounts of trustees, executors and administrators.Bankruptcy:- Issue of receiving order, appointment duties and powers of official receiver and trustee in bankruptcy, statement of affairs and deficiency
BUS 225 BUSINESS MATHEMATICS (2 UNITS)
Meaning and scope of Business Maths, Determination and creation of functions.Differentiation of the 1st and 2nd orders.Simple interest and bank discount rates.Compound interest and time value of money.Use of present and future value.Annuities present and future values.Amortization schedules, sinking funds, and depreciation.Financial ratios, calculations and interpretations.Bonds and stocks; procedures of issuing them.Capital budget. Integration.
ACC 221 FINANCIAL ACCOUNTING II (3 UNITS)
Basic Accounting Standards:The nature and role of bodies which set accounting standards in Nigeria;structures and process of issuing accounting standards in Nigeria; provisions of some accounting standards.Statement of Accounting Standards (SAS) 1-9 Accounting for construction contracts.Branch accounts including foreign branches.Accounting for hire purchase transactions.Accounting for purchases and sale of business.Estate and Fiduciary Accounting.Preparation of accounts of farmers, Solicitors, Underwriters, unit trusts, stock brokerage and co-operative societies.
ACC 222 INTRODUCTION TO COST AND MANAGEMENT ACCOUNTING (3 UNITS)
Cost Behaviour and cost estimation, Cost ascertainment – allocation, apportionment and absorption of overheads, treatment of under or over – absorption. Accounting for overheads. Activity Based Costing. Costing methods:- Specific order costing methods including job costing. Batch costing.Contract costing, unit costing.
– Non-specific order costing method including service costing and output costing.
– Process costing including determination of equivalent units, treatments of losses, waste and work –in-progress, accounting treatments of by product and joint products (Apportionment of Joint Costs) and subsequent processes and costs
FST 225 INTRODUCTION TO FOOD SCIENCE AND TECHNOLOGY (2 UNITS) Scope and role of food science and technology.Global food situation and the war against hunger and malnutrition with emphasis on Nigeria.Food composition and nutrition, food spoilage factors, Physical, chemical and biological principles and food processing and preservative.Role of micro-organisms in food storage, processing and preservation.Food industries in Nigeria, indigenous food processing methods.Elementary treatment of food additives.
UGC 221 FARM PRACTICE II (1 UNIT)
ABM 221 AGRIBUSINESS FINANCE II (2 UNITS)
Source of finance and the raising of new finance for business enterprise; Working capital management; Lease financing; mergers and acquisitions.The techniques of financial planning and control; the interpretation and analysis of financial statements.Financing of the unincorporated business, small scale business and agricultural financing in Nigeria.
FFA 311 APICULTURE (1 UNIT)
Definition of apiculture establishment and maintenance of apiary, types of beehives. Flowering plants visited by the bees. Honey bees ecology, stages involved in honey production by the bees. Commercially important products from bee keeping, bees keeping as a business.
AEX 311 INTRODUCTION TO AGRIC. EXTENSION & RURAL SOCIOLOGY (2 UNIT)
The meaning and scope of agricultural extension.Historical development of extension work in the world and in Nigeria.The need for agricultural extension education.The philosophies and principles of agriculture basic principles end concept of sociology/rural sociology importance of rural institutions and communities, SociElsiraisicatiorh socialprocess.’ social changes and social control in rural areas. Leadership patterns in rural communities, rotes snc functions of rural leaders. Development of community leaders.Communication techniques and strategies of charge.
BUS 313 PRODUCTION MANAGEMENT (2 UNITS)
Elements of production, production systems and process design and management , facility location and layout modern tools and machinery of production. Standards definition. Line balancing, automation, production scheduling and control work study, maintenance and tools and equipment, quality control inventory control, project planning, forecasting, aggregate planning control and material resource planning.
CMS 314 MANAGEMENT INFORMATION SYSTEM (2 UNITS)
An overview of MIS- Information flows and communication theory, system theory – Basic concept of a system by system: System Objectives and Environment ; introduction to Data Processing, Manual Mechanical and Electronic Processing Methods. The structure of MIS computerized Information Systems, Computer Languages, Programming and Flow Charting, System Design and Analysis for Computer Application; Relevance of Computers to Decision making and Constraints to Development of MIS.
ABM 312 AGRIBUSINESS MARKETING AND CO-OPERATIVE (2 UNITS)
Meaning and history of Agricultural Co-operative; Principles of Agricultural Co-operative; Types of agricultural co-operative and Management of co-operative; co-operative in Agricultural development in Nigeria; Women in Agricultural co-operatives.
APN 311 NON- RUMINANT ANIMAL PRODUCTION (2 UNITS)
Management of breeding stock, growing and young animals. Housing equipment and feeding principles of Poultry, rabbits and pigs. Production and management practices, livestock economics, health management of stock, processing and marketing of poultry, pig and rabbit
BUS 312 QUANTITATIVE ANALYSIS (2 UNITS)
Introduction to quantitative application in Business, tools and concept of quantitative analysis:- probabilities, matrices, calculus etc. business decision theory and analysis decision making under certainty, risk and uncertainty. Decision rule, sensitivity analysis, estimation of cost behaviour pattern.Correlation and repression analysis etc.Operational Research.Decision theory; Minimal and Maximal regret criterion; Expected value linear programming, inventory and production control.
ABM 311 FARM BUSINESS MGT AND PRODUCTION ECONOMICS (2 UNITS)
The farm business environment.Nature and scope of farm business management and production economics.Production function estimation and analysis.Production cost and revenue concepts and their application in farm management decision making. Analysis of the basic agricultural production relationships: factor- factor; factor- product; and product- product.Risk management in farm businesses.Budgeting and linear programming in farm business planning and organization; farm business analysis using income,networth and cash flow statements.Challenges of farm business organization and management in Nigeria.
MKT 316: E-MARKETING (2 UNITS)
This course is designed to introduce candidates to fundamental principles of e-commerce, e-marketing, and e-business. Relating the principles to the Nigerian economy, the candidates are expected to have a good grasp of how internet can be used to sales, communication cost reduction, and a brand building tool. The candidates also should be able to explain basic internet technology as well as practical application of internet and e-commerce to Nigerian economy.
The contents of this course will include:
Understanding the internet
Internet Resources
Challenges of Cyber Marketing
Creating and Maintaining Market Presence on the Internet
The Internet and the Marketing Mix
The Internet and e-commerce Selected Applications
e-Customer and e-Tools
Traffic Building
E-Planning
* Introduction to e-planning, situation analysis, objectives, strategies, tactics, action, control and resources.
HRM 320: HUMAN RESOURCES MANAGEMENT (3 UNITS)
Personal function; Personnel management; Organizational behavior, Communication process; human factor in industry; Industry psychology; Human Relation ergonomics; Motivation of Employees; Morale and productivity; Personnel planning/selection; manpower planning; Job analysis program; Employee training; Promotion policy; Employee performance appraisal; Employee competition; Minimum wage ; Fair wage; Living wage; Methods of payment; Essentials of sound wage plans; Job evaluation rating and merit rating; Profit sharing; Industrial democracy; Industrial hygiene and safety; Employee benefits and service; Personnel problems; Workers’ participation in management.
ABM 321: AGRIBUSINESS ORGANISATIONAL BEHAVIOUR (2 UNITS)
Concepts of behavior, organization, managers, administrators and performance. Individual behavior processes such as personal systems, self-concept development, and interaction styles. Group behavioral process such as informal structures, norms of work and play, status based rewards and punishments, leadership, task distributions, and performance appraisals; elementary theories of organizational behavior and their relevance to Nigeria. Behavior mode building models of behavior observable in the Nigerian organizations. Making changes in individuals and groups. Theories of behavioral change. Data on how government and business manager have tried to make behavioral changes in parastatals and business organizations. How to manage resistance to planned changes in the behaviors of individual groups. Behaviors modification.Formal work system as efforts to control human behavior in organizations.The limitation of policies, laws, regulations and the general rules of civil service procedures in controlling human behavior.Dealing with routine behavioral problems faced by managers in Nigeria. The general issue of how to apply what we know about organizational behavior to the task of managing Nigerian organization. A framework of organizational behaviors analysis in Nigeria.Empirical data on supervisory, managerial and employee behavior in Nigeria.
ABM 322: AGRIBUSINESS STUDY TOUR (2 UNITS)
This course covers student visitation of Agribusinesses and Allied Business. The tour involves arranged teaching of student on various Agribusiness management practices peculiar with the Businesses visited. Teaching will be carried out by professionals and /or specialists who are not the formal teachers of the student. The student will be expected to develop a written report on the study at the end of the tour.
ABM 326: AGRIBUSINESS MANAGEMENT THEORY AND PRACTICE (2 UNITS)
Concepts of theory in the physical and social sciences.Levels of theory. The features of theory in management. Links between management theories and management models. Practice of management conduct as a test of good management theory. Existing difficulties of developing useful management theories in Nigeria and other developing countries.Consideration of simple theories of management from the classics to modern times.For instance; the scientific management movement and the managerial behavioral movement.Theory X and theory The Grid Approach.Participative models.Management by objectives, quantitative and behavioral control models. Testing specific theories from, the Nigerian socio-cultural experiences of managing extended family issues, to settling group conflicts of securing productivity at work, of maintaining control over the forces in the environment. Theories observable in the way Nigerian parastatalsare being managed. Expatriate management approaches to work in Nigerian organizations. The confluence of management philosophy, management theory and managerial behavior in Nigeria. Criteria for locating bad management practices, and ideas of how better management theories may be introduced to particular Nigerian organizations.
MTH 329: APPLICATION OF COMPUTERS (3 UNITS)
Introduction to problem solving methods and algorithm development , designing, coding debugging and documenting programs using techniques of a good programming language style, computer organization , programming algorithm development applying computers
ABM 324: MANAGERIAL ECONOMICS FOR AGRIBUSINESS (2 UNITS)
Objective of the firm, economic theories and application in managerial decision making e.g. demand analysis, price theory and income theory, application ofemployment theory to management policy, profit management , application of cost analysis; short and long run cost analysis, market structure, pricing in practices. Uses and application of managerial economic includes the basic valuation model, nature of profile, and optimizing technique. Review of demand theory, demand, relationships and managerial decision, price and cross elasticity’s of demand including short and long run effects trend. Factors in demand functions demand estimation techniques, consumer interviews. Market studies and experimentation, regression analysis and regression statistics including co-efficient of determination, standard errors of estimate and of the co-efficient and multi collinearity.Risk analysis. Utility theory and risk aversion. Adjusting the valuation model for risk techniques for decision making under uncertainty.Review of the production theory. The tree states of production and returns to scale break even analysis and operating leverages, profit contribution analysis empirical cost analysis, structure, pure competition, monopoly, monopolistic competition, oligopoly and non-price , price practices, cost-plus pricing, incremental analysis in pricing. Operation controls, monopoly control (utility and price regulation). Some antitrust cases in Nigeria.Decision on long term investment. Capital budgeting business forecasting techniques and their uses, trend projection, barometric methods, econometric models, in-put, output analysis.
APR 321: RUMINANT ANIMAL PRODUCTION (2 UNITS)
Management of breeding stock, growing and young animals, housing equipment and feeding principles of came, sheep and goats, production and management practices, health management of stock processing and marketing of ruminant animal products. (Pre-requisite CAS 221)
CPP 322 : HORTICULTURAL AND ORNAMENTAL CROP PRODUCTION (1 UNIT)
Significance and scope of horticulture, climate in relations to distribution of fruits and vegetables, principles underlying basic horticultural practices, horticultural structures equipment and machinery and their maintenance propagation practices for horticultural crops, seeds, clones, somatic mutation, chimeras, leaf, stem and root cutting, grafting and budding, science relationship, layering special methods of propagation, polyemroyony and apomixes, certification, indexing procedure and maintenance of clonal utilization and culture of ornamental plants in decoration.
ACC 324: MANAGEMENT ACCOUNTING I (2 UNITS)
Nature and purpose of management accounting.Overview of management accounting concepts and techniques.Management accounting as a tool of management and its role in a changing environment.Application of marginal costing and absorption costing techniques in decision making. Measuring costs and benefits in making decisions such as droppingsegment/department/production, make or buy decisions, replacement of equipment, cost volume profit analysis under conditions of uncertainty. Product optimal mix and constraints.Pricing policy decisions. Divisional performance measurements and transfer pricing system. Inventory control and stock levels.
ABM 325: AGRIBUSINESS VALUE ADDITION TECHNOLOGY:PRINCIPLES AND PRACTICE (2 UNITS)
Philosophy and principles of Post- harvest technology; Review of modern techniques in food processing,packaging and storage.Historical development of the Nigeria food industries with emphasis on indigenous concepts and cottage industries for various food commodities.Technological limitations.Problems and prospects of the Nigeria food industry.Sensory and nutritional characteristics of food as affected by method of preservation. Quality control measures, role of legislation agencies and food legislation. Commercialisation of research results by the Nigeria Food industries; constraints and way forward.
ABM 411: ENTREPRENEURALSHIP AND AGRIBUSINESS DEVELOPMENT (2 UNIT)
Nature and importance of Entrepreneurship in business and societal development, The Entrepreneur self-assessment test kit.Nature of agribusiness and its importance inAgricultural and economic development. Forms of Agribusiness organizations: sole proprietorship, cooperative, Private Limited liability company,public limited Liability company, etc.Prospective Agribusiness ideas worth investing in.Starting up and growing Agribusiness. Effective management of Agribusiness resourcessuch as finance, personnel, time, equipment, etc. in Agribusiness enterprises.Investment climate and its effect on Agribusiness in Nigeria.
ABM 412: RESEARCH METHODS AND STATISTICS (3 UNITS)
Nature, scope and purpose of scientific research in Agribusiness. Basic principles of research design.Research variables and data types. Scaling and questionnaire design. Inferential statistics: review of sampling techniques, types of data and collection techniques, hypothesis testing etc. Data analytical techniques: Chi distribution, correlation, regression, principal component analysis, discriminant analysis, etc.Presentation of research finding in narrative, tabular and graphic forms.Guideline on scientific report writing.
ABM 413: BUSINESS POLICY I (2 UNITS)
Business Policy as a field of study, Reason why Study Business Policy; the Concept of Corporate. Strategy: Concepts of strategy in relation to business, Corporate and Management. A Fundamental Approach to Strategic Studies linkage between organization and their environments. Introducing a Formal Strategic Planning System in a Business Firm; Concept of policies, decision – making, business objectives, performance criteria, structure and managerial behaviours. Practice in calculating simple financial and economic indices from business data and other accounting information. Learning the ties and threats, strength and weaknesses of Business System. How to Evaluate Corporate Strategy; Advance Treatment of Strength and weaknesses planning Corporate Strategy; Strategic Management & the Strategic Management Process; project Implementation; Strategic Resources Allocation Procedure financial Aspect of Corporate Policy; Strategy & Business Portfolio; Evaluate your strategic planning system; Resources Allocation Model; The theory of optional investment planning Resources in Nigeria. Factors in Lease-Levy Decisions: Lease vs. Borrowing.
ABM 414: ANALYSES FOR AGRIBUSINESS DECISIONS (2 UNITS)
Elements of Decision analysis, types of Decision Situations, Decision Trees, Operational Research (OR) Analysis, Approach to Decision Analysis, Systems and System Analysis; Modeling OR, Simulation; Cases for OR Analysis, Mathematical programming; Transportation Model, Assignment, other, OR Model, Conflict Analysis and Games Theory, Project management, Inventory, Models, Replacement, Line balancing, Routing and Sequencing and Series.
ABM 416: EXPORT MANAGEMENT AND INTERNATIONAL BUSINESS (2 UNITS)
Meaning of export Management; Advantage and Disadvantages; Trading overseas business plan; Export promotion councils; Management skills required in foreign market freights; logistics and specialized transport issues for export managers/ import managers; Free trade zones and bonded warehouse; Technology in global business; globalization and management. Export compliance and security management. INCO terms and documentation. Development of Resources in the export supply chain management.Strategy for entry into international markets; control and management of MNCs; Organizational structure and operating mechanism of MNCs; board of directors; Pricing policies; relationship with Government agencies counting public interest issue; marketing to trade blocks and common market; International financial operation. Definition of Multinational Investment: issues in Multinationals and third world economic development. The new economic order and the multinational.Third world Multinational. National and International control of Multinationals
FIN 412: CAPITAL MARKET AND PORTFOLIO THEORY (3 UNITS)
Introduction to Capital Market and Portfolio theory; Financial Market; Description of the Nigeria capital market; Risk and Return management. Portfolio theory: Portfolio risk and return; Optimal portfolio concept. Capital Market theory: capital market line, diversification. Arbitrage pricing theory; Capital market efficiency theory; Current state of empirical evidence on models for evaluating port folio theory.
FIN 415: ECONOMETRICS FOR AGRIBUSINESS (2 UNITS) The nature and scope of econometrics, correlation analysis and the classical linear regression model (CCRM), Simple regression analysis, the ordinary least squares (OLS) method, the basic assumptions of CLRM, the test of significance of the least squares estimates, multiple regression, functional forms of regression models, Dummy variables, violation of basic CLRM assumptions. Multicollinearity, heteroscedastinity, autocorrelations, application of Computer in regression analysis. Applications of econometrics in Agribusiness: production, consumption and demand analysis.
ABM 417: SEMINAR IN AGRIBUSINESS (1 UNIT)
Students are expected to write a research proposal in the light of identified problem(s) in the agribusiness sector. The research proposal is expected to cover the introduction, statement of problem, research objective, research question, hypothesis (if any), significance of the study, literature review, methodology- which should include the statistical and econometric tools of analysis. Research proposal will be presented by the student individually (or in groups) using appropriate communication and presentation aids. Hard copy of the research will be produced by the student.
FIN 411: FINANCIAL MANAGEMENT AND POLICY (2 UNITS)
The nature and purpose of financial management; source and costs of short, medium and long term finance;Source and problems of new financing, capital budgeting; Management of working capital; analysis and interpretation of financial statement; Business mergers and take –over; determinant and implications of dividend policies.; Valuation of share, assets and enterprises; risks 0f finamce and metod of avoiding them; banking systems and industrial finance, mortgage finance; capital structure of Nigeria firms.
ABM 400: PROJECT RESEARCH (4 UNITS)
This is the final year research project intended to test the student’s skill in analyzing and writing research report based on an empirical or library study of a specific subject matter on topic in Marketing. Or this is the personal B.Sc. research project to be carried out by the students under supervision. The research should be of a problem solving nature. The goal is to develop in the students the ability to identify problems and to take informed decisions. The product of the students’ effort shall be typed and bound in a prescribed format.
ABM 420 : DEVELOPMENT PLANNING AND BUSINESS SYSTEM (2 UNITS) Economic planning: Meaning, concept and terminologies; Related issue in planning and business system; Development planning and mechanisms; Choice and role specialization; price system; accounting price and shadow price ;Plan formulation; The Macro phase and business system; Assumption of plan formulation; Capital output ration and Optional investment Allocation; Input –output analyses in plan and business system; Choice element in plan formulation; goals Choice and techniques and Strategies; Project formulation and evaluation of integrated plan; Development model in economic running; Types of plans in Nigeria – perspective plan, annual plan, rolling plan, VISION 2020; Development planning expectancy in Nigeria; nature of economic growth and development
BUS 421: COMPARATIVE MANAGEMENT AND ADMINISTRATION (2UNITS) The comparative approach to management and administration. Elements of management and administration.The skill of management in private and public sectors. The military administrators, the civil servant , the manager as interchangeable experts. Constraints of organizational setting on management of group activities. Profile of Nigeria executives that moved from public to private sectors,and vice versa. The use of management technique in public administration.Nigeria experience in modernizing the management of public corporation. The use of management consultants and management contracts in streaming the operation of Nigeria railway, Nigeria Ports authority, Nigeria Airways, and the Nigeria National Petroleum Corporation.
FIN 425: AGRICULTURAL COMMODITY EXCHANGE AND MARKETING (2UNITS)
Commodity Exchange: What is the commodity exchange? Types of commodity exchange and in Africa future exchanges; types, functions, organization and management. Mechanics of future markets, orders ; Various types of futures contract; Variants of future and stock market (derivative). Foreign current interest rates, futures and stock futures mechanism operation. Prospect of and impediment of development of future and commodity exchange in Nigeria.
ABM 421: AGRIBUSINESS INVESTMENT AND PROJECT ANALYSIS (3 UNITS)
Definition of investment as the rate of change in capital stock.The environment of investment. The determinants of investment in financial assets project as investment in inter-related assets that together make a production cycle or service; projectevaluation; types of projects; nature of project evaluation cash flows and accounting profits. Estimating cash flow and tax effects on process and project evaluation techniques.Visual selection method, capital, recovery period, accounting rate of return. Net present value method, the internal rate of return and time Adjusted discounting.
Project evaluation in special circumstances; project size, inequality in project life, replacement decisions, make or business decisions and capital rationing; Leasing decision: Lease or borrowing, lease or borrow to buy. Project feasibility analysis, technical analysis, economic analysis, financial analysis and sensitivity analysis risk ‘analysis in project evaluation. Security evaluation approaches to security evaluation. Security valuation models.Valuation of bonds, valuation of equity securities dividend and earning valuation models.Valuation of convertibles and warrants etc.
Technical analysis the DOW theory, charting techniques and non-charting techniques. Out and call options etc.
FIN 420 FINANCIAL MGT. & POLICY II (2 UNITS)
Mathematics of Finance; Time value of money.Compounding methods.Discounting techniques Sources of Finance: short term, modern term and long term finance.Relative advantages and disadvantages of the firm structure and types of sources of finance.Capital structure: the effect of financial structure on returns. The traditional position and Modigliani miler hypothesis. – The evidence from empirical studies.The concept of leverage: Finance leverage operating leverage and combined leverage. Cost of capital, The concept measurement. The overall cost of capital.Working Capital management: ‘Inventory management, management of debtors, cash management and budgeting. Financing Analysis.Techniques for measuring forecasting earnings.Cross-section and time series and analysis of accounting indexes.The use of indices in financial analysis. Investment models of asset valuation. Financial ratio, cash flow statements, trend analysis capital budgeting under certainty.Importance of capital budgeting; Capital budgeting criteria NPV and IRR. Evaluation of .projects independent projects mutually exclusive projects and replacement projects. The effects of capital rationing and inflation.Timing of investments.
ABM 423: BUSINESS POLICY II (2 UNITS)
Organic Business functions of management, Production, Finance, and Personnel in Nigeria. Management process of corporate planning, budgeting and control, Business performance appraisal, Management by Objective, Motivating group and individual efforts, and generally relating an organization to the change taking place in the environment.Preceding the dynamic environment.Anticipating the impacts of environment changes on strategies and performances of a firm.Analyses of the role of employee and managerial behavior in success or failure of strategy, implementation. Problems of matching organization with strategy, and introducing change in the members of the firm execute given tasks. The issues of learning and unlearning in the interest of adjusting strategies and policies to a firm’s performance experience. Strategies in the functional areas. Determine the market and marketing strategies for Nigerian firms and products. Research and development strategies in Nigeria.Production and procurement strategies.Personnel and industrial relation strategies in Nigeria.The design of financial strategies and policies.Behavioral and structural strategies for implementing chosen business strategies, integrated analysis. Recent development affecting the strategy formulation and implementation processes of firms in Nigeria.
ABM 422: AGRIBUSINESS RISK AND MANAGEMENT (2 UNITS)
General understanding of risk: meaning, identification of sources of risk in agribusiness enterprises; assessment and measurement of risk exposure. Management strategies for handling Agribusiness risk. Risk financing – risk assumption, Risk transfer other than insurance, self-insurance and financed risk retention, insurance. Loss control in agribusiness: avoidance, loss prevention, risk reduction strategies monitoring and evaluation of risk management program