HISTORY
The Faculty of Management Sciences, Olabisi Onabanjo University came into existence in 2002 when the 'Siamese twins' formerly called Faculty of Social and Management Sciences was separated into two distinct faculties. The sister faculty that emerged from the separation is the Faculty of Social Sciences. The Faculty of Social and Management Sciences was created at the inception of the University in 1983 to train and produce professionally competent social scientists and managers. The faculty soon became very large in terms of new full and part-time courses introduced over time. Consequently, the students' populations in popular Departments like Accounting, Banking and Finance, Business Administration, Economics and Political Science rose geometrically. Thus, the need to separate the faculty into Social Sciences and Management Sciences for effective administration became imperative.

The Faculty of management Sciences aims at promoting, advancing and disseminating knowledge in the field of management sciences and to explore the use of such knowledge for the advancement of the society. The Faculty emphasizes an integrated approach in which students not only specialise in specific areas of management sciences but also take some compulsory courses in more than one department within the Faculty and other cognate faculties within the university. In addition, the Faculty places high premium on research and organisation of Conferences, Seminars, Workshops and Symposia for the advancement of knowledge within and outside the university.

Presently, the Faculty has four Departments namely Accounting, Banking and Finance, Business Administration and Economics. The Department of Economics also houses a degree programme in Purchasing and Supply.  Each of the Departments offers full and part-time courses leading to Bachelor of Science (B.Sc) degree in their respective disciplines. In addition. the Faculty offers pre-Degree foundation programmes which assist in preparing candidates for degree programmes in the Faculty.

Two major professional postgraduate programmes have been in existence for some years, even when the Faculty was co-joined. These are Masters in Business Administration (MBA) and Master of Science in Banking and Finance (M.Sc. Banking and Finance). These programmes are highly patronised and are serviced by experienced lecturers within and from neighbouring universities. The Faculty has just introduced two academic programmes viz: Master of Science (M.Sc) and Master of Philosophy (M.Phil) in Applied Economics and Business Studies. These will eventually lead to the Doctor of Philosophy (Ph.D.).

It is noteworthy that the present structure of the staffing situation does not support the number of postgraduate programmes, the Faculty relies on input from Associate Lecturers from other Universities either on visit, sabbatical or even on part-time basis. Actually, the introduction of the academic programmes is to train staff on ground and others who might join the University at the end of their studies. We normally encourage visiting lecturers from abroad to join us in the development of manpower for the University and Nigeria at large.

Nothwithstanding the shortcoming, the Faculty has produced many well placed Nigerians and foreigners (including those on refugee status) and many faculty members have been involved in providing services for governments, government agencies and private enterprises.