Master BRICS + Nigeria, Mexico, Arabia

EENI- School of International Business

Professional Master's Program BRICS - Justification of the inclusion of Nigeria, Saudi Arabia and Mexico

Justification of the inclusion in the Professional Master's Program in Business in BRICS-MNS Countries (online) of Nigeria, Mexico, and Saudi Arabia

Nigeria.

The Federal Republic of Nigeria is the largest African economy, an emerging market, and the first frontier market in the world. The petroleum sector is vital for the Nigerian economy (20 percent of GDP); Nigeria also has the third largest petroleum reserves in the world. The Nigerian Businessman Alhaji Aliko Dangote is considered the African richest men. In 2100, Nigeria will have 1,000 million people (currently, 186 million of Nigerians).

Mexico.

With 122 million of Mexicans, Mexico is one of the largest emerging markets and the second Latin American economy (behind Brazil). Mexico has several key strategic sectors in the global economy (agrifood, automotive, aerospace, TV, or medical devices) It is also one of the countries with the highest number of Free Trade Agreements in the world. Its membership to the NAFTA, the APEC or the Pacific Alliance makes Mexico a major player in the Americas and the Asia-Pacific region.

Saudi Arabia.

The Saudi Kingdom is the Central State of the Islamic Civilisation and the largest economy in the Arab Countries. Saudi Arabia has 25% of the world's proven petroleum reserve. While Saudi Arabia has a small population (29 million of Saudis), compared to the other markets analysed in the Master, the Saudi religious, political, economic, and financial influence on the Ummah (Islamic Community) is decisive.

Moreover, four markets related to BRICS Countries are included:

Belarus: the inclusion of Belarus in the Master is justified due to the “State of the Union with Russia”
Nepal, Bhutan, and Mauritius has strong economic relations with India. Mauritius is the Indian business gateway to access to the African markets, the least corrupt country in Africa and the second financial centre of Africa.

Comparative table of the markets analysed in the Master

Country	Population (1)	Area (2)	GDP (3)	GDP per capita (4)	Religion	Civilisation	Economic Area	Language
India	1,252	3,287,595	1,870,651	1,032	Hinduism	Hindu	Hindu	Hindi, English
China	1,369	9,596,961	9,181,377	7,589	Taoism, Confucianism, Buddhism	Sinic	Sinic-Buddhist	Chinese
Russia	146	17,125,246	2,118,006	14,936	Orthodoxy	Orthodox	Orthodox	Russian
South Africa	53	1,221,037	350,779	6,617	Christianity	African	Southern Africa	English, Afrikaans
Nigeria	186 (1,000 in 2100)	923,768	286,470	2,400	Islam and Christianity	African	West Africa	English, Yoruba, Hausa
Brazil	204	8,514,877	2,242,854	11,384	Christianity	Western	Latin American	Portuguese
Mexico	119	1,964,375	1,258,544	10,714	Christianity	Western	Latin American	Spanish
Saudi Arabia	29	2,149,690	745,273	22,635	Islam	Islamic	Arab	Arabic

The total BRICS-MNS population: 3,358 million of people (World: 7,000 million)
The total BRICS-MNS surface: 44,783,549 square kilometres (global land surface: 150,386,640)
BRICS-MNS nominal GDP: 18,053,954 billion USD (World: 73,434,000)
The average BRICS-MNS GDP per capita: 9,663 USD (world average: 9,995)

Legend:
1. In millions of people
2. In square kilometres
3. Nominal GDP in millions of dollars (UDF)
4. GDP per capita in US dollars
5. Source: World Bank and International Monetary Fund

Civilisations, Religions, and Integration Processes analysed in the Master.

Map Civilisations and integration

Civilisations and Economic Integration

Note: in this master they have not analysed the largest religions related to the BRICS-MNS (Christianity, Hinduism, Orthodoxy), but for every one of them a summary of its main features is introduced.

❮ Samples of the Master in Business in the BRICS-MNS Countries: ❯

Zhang Ruimi (Confucian Businessman)