Lagos State is a hub of the world famous universities. The most esteemed universities include Lagos State University, Caleb University, and Yaba College of Technology. These high ranked universities offer advanced studies to overseas students in hundreds of disciplines; therefore, Lagos State is ideal for higher education.

A program in business management emphasizes the importance of organizational structure and managerial policies in various corporate settings. Topics such as marketing, human resource management, accounting, and corporate restructuring will sometimes be covered.

To gain admission into the Nigerian universities (both public and private universities are in every state of the federation including the FCT), a prospective student has to sit for and successfully pass the UME(Universities Matriculation Examination) which is administered by JAMB (Joint Admission and Matriculation Board). Also individual universities regularly screen prospective candidates to make sure they are up to par for university level work in Nigeria.

A master of business administration (MBA) is a professional degree given to those who study business management at a business school. Various forms of analysis and strategy are covered including operations, marketing, finance, and accounting.