15 May 2012
The University of Pretoria’s Gordon Institute of Business Science (GIBS) has taken top ranking among African business schools in the annual UK Financial Times Executive Education survey, announced on Monday.
GIBS has been ranked among the top business schools worldwide for nine consecutive years in the 13-year-old Financial Times survey, which presents a global benchmark for providers of executive education.
The customised ranking is compiled using data from two sets of online surveys – one for schools, another for clients. Business schools are asked for details of a number of top clients, who are then invited to complete an online survey about the school that nominated them.
For GIBS, top clients comprising not only leading South African corporates but also top multinationals operating in the rest of Africa and abroad participated in the survey.
“This is a tremendous achievement for GIBS and clearly places us among the best business schools in the world,” Professor Nick Binedell, dean of GIBS, said in a statement on Monday.
“We live by our ethos of aiming to significantly improve the competitive performance of individuals and organisations through business education, and this accolade will drive us to continue to improve our programmes even further in line with the ever changing economic landscape,” Binedell said.
GIBS took 43rd spot overall, making it the only African business school to place in the top 50 schools worldwide.
Of the 13 scoring areas, the Financial Times ranked GIBS at 47th for Open Enrolment programmes – which are open to all executives – and at 42nd for programmes tailor-made for specific companies.
GIBS was rated 1st in the world for “future use”, defined as whether the client would be using GIBS for future executive education.
“Business schools play an increasingly significant role in today’s fast-paced, dynamic world, and it is important to get such feedback from executives so that we can ensure that our programmes meet the highest standards possible on a global scale,” said Shaun Rozyn, GIBS’ executive director for corporate education.