Dr Tolu Olarewaju

Job Title and Responsibilities

Course Leader

  • Business Management (Accelerated) FdA
  • Business Management (Accelerated Top-Up) BA (Hons)
  • MSc International Business Management

Lecturer in Economics

About Me

I have been an award winning Banker, Entrepreneur and Educator with consistent positive feedback. I currently lecture on a range of topics primarily focused around the areas of economics, business strategy, entrepreneurship and international business.

Prior to graduating with a BSc (Hons) in Economics from Babcock University., I ran my own successful technology enhancing and supply business and continued to run it after graduating. Upon graduation, I immediately joined Zenith Bank Plc and won awards for 1st place (exams) and most outstanding team player from the bank during the orientation program. I left Zenith Bank in 2009 to pursue my MSc studies in International Economics at the University of Birmingham where I was a student representative and founding society president.

I obtained my PhD in Economics from Aston University, where I served as a Sessional Lecturer and also in several capacities to enhance the student learning experience with the Students Union. My PhD thesis focused on self-employment and entrepreneurship in developing countries. I am passionate about economics, education, social mobility, empowerment and business.


  • PhD Economics, Aston University (2016);
    Thesis: Linking Labour Force Participation, Education, Labour Wages and Household Consumption in Developing Countries; Push and Pull Effects in Self-Employment - Evidence From Nigeria.

  • MSc International Economics, University of Birmingham (2010);
    Thesis: Globalization & Gender Inequality.

  • Post Graduate Certificate in Teaching and Learning in Higher Education (2014);
    Thesis: Expectations of Technology in Learning Enhancement.

  • BSc Economics (Hons), Babcock University (2007);
    Dissertation: Agriculture as a Means of Economic Empowerment (A Case Study of the Zimbabwean White Farmers Project).

  • Professional Diploma in Information Technology, NIIT (2007).

Professional Memberships and Activities

  • Higher Education Academy (Senior Fellow)

  • Royal Economic Society (Member)

  • Academy of Management (Member & Reviewer) Entrepreneurship Division Best Reviewer Award (2015)

  • European Council for Small Business and Entrepreneurship (Member)

  • European Institute for Advanced Studies in Management (Member)

  • Beta Gamma Sigma (Member)

  • British Academy of Management (Member)

  • European Association of Labour Economists (Member)


Economics, International Business, Business Strategy, Entrepreneurship, Corruption, Microfinance, Research, Analysis of Large Data-sets, Econometrics/Econometric Software, Lecturing and Presentation, PhD Supervision.

Research Interests

My present research interests centre on entrepreneurship, international business, business economics, corruption, and areas encompassing social, developmental, labour, institutional and general economics. I am particularly interested in research that might have policy implications as well as areas incorporating poverty reduction.


Mickiewicz, T & Olarewaju, T. ‘The Evolution in Transaction Costs and Ownership Structure of Public-Private Partnerships: Shonga Farms in Nigeria’
Birkbeck-Essex Workshop: International Business, Innovation & Entrepreneurship. (Nov. 2018)          

Mickiewicz, T & Olarewaju, T. ‘Evolution in Transaction Costs and Ownership Structure of Public-Private Partnerships: Shonga Farms in Nigeria’
Academy of Management Conference, Chicago (Aug. 2018)
Academy of Management Proceedings DOI. (doi/abs/10.5465/AMBPP.2018.11006abstract)            

Olarewaju, T, Tamvada, P. & Mcdowall, S. ‘Corruption, The Great Value Destroyer:
The Role of Generalised Trust in Social Networks, Social Media Participation and Legal Institutional Quality’ First Global Conference on Creating Value,  Chartered Management Institute & De Montfort University. (May. 2018)

Olarewaju, T. ‘Flipping to Improve Student Engagement - A Practical Guide’
Technology Enhanced Learning (TEL) Showcase, Staffordshire University.
(April. 2018)

Mickiewicz, T & Olarewaju, T. ‘Evolution in Transaction Costs and Ownership Structure of Public-Private Partnerships: Shonga Farms in Nigeria’
Regional Studies Winter Conference, London. (Nov. 2017)

Olarewaju, T. ‘Small Business and Welfare – Education, Gender and Minimum Wage Investigations’ International Council for Small Business, New York. (Jun. 2016)

Olarewaju, T. ‘Patterns in Education & Self-Employment’
Research in Entrepreneurship (RENT), Luxembourg. (Nov. 2014)

Olarewaju, T. ‘Educational Gender Differences and Self-Employment Probability Rates’ Midlands Regional Doctoral Colloquium, University of Birmingham. 
(Apr. 2013).


Olarewaju, T. I. (2017). Organising Household Consumption and Occupational Proportions: Evidence from Nigeria; International Journal of Organizational Analysis, DOI (10.1108/IJOA-03-2017-1141).

Olarewaju, T. I. Can Equalising Educational Endowments Between Men and Women Create More Female Self-Employed Value in Nigeria?; Journal of Creating Value,
DOI (10.1177/2394964318815313).

Olarewaju T, Mickiewicz T, Tamvada P. The Returns to Occupations: The Role of Minimum Wage and Gender in Nigeria; (Accepted 2-2-2019) World Development Perspectives Journal.

Working Papers:

Mickiewicz T, Olarewaju T. Evolution in Transaction Costs and Ownership Structure of Public-Private Partnerships - Shonga Farms in Nigeria.

Olarewaju T, Tamvada P, Mcdowall S. The Role of Social Media, Generalised Trust and Legal Institutions for Corruption Perception: Evidence from 23 Countries.

Olarewaju, T. I., Rufia I. The Use of Open and Active Engagement in Budget Transactions to Reduce Corruption: Inductive Lessons from Nigeria.


The Conversation Link

Current Teaching

  • Introduction to Economics/Economic Environment (ECON40117)
  • Business Economics (ECON40110)
  • Microeconomics (ECON40119)
  • Macroeconomics (MKTG50305)
  • Entrepreneurship (ENTP70083)
  • Research methods (04N11015)
  • Strategic Management in Organisations (STRA60093)
  • International Business (IBUS70004)
  • Economic Analysis of the Firm (ECON70104)
  • Teaching Excellence Fellow  


Dr Tolu Olarewaju
Staffordshire Business School
Staffordshire University
Leek Road
t: +44 (0)1782 294185
e: tolulope.olarewaju@staffs.ac.uk
twitter: @ToluOlarewaju