UCT voted Africa’s top business school

Tamara O’Reilly

The MBA programme offered at the University of Cape Town is the only one on the continent to make the Financial Times’s Global Top 100 MBA list.

For the fourth consecutive year the university’s Graduate School of Business (GSB) has joined prestigious names like Harvard Business School and Stanford University on the global MBA ranking by the renowned financial publication.

In addition to this honour, the university’s GSB is considered the second best in the world in the “value-for-money” category, the criteria for which are calculated using the cost of the courses and the salary earned by alumni three years after graduation. Topping this category is the University of Strathclyde Business School in the UK.

The Financial Times rankings assess schools in three main categories, namely the career progress of their alumni, the global focus and diversity of the school and its record in research and generating ideas.

Progress

The school has moved up the rankings from its entry into the list in 85th place in 2005 to the 71st spot this year. Despite this, salaries of graduates from this institution are the tenth highest in the world. It also emerged that the school ranks among the top five schools in emerging markets such as Africa, China and India.

“We have about 26 global student exchange programmes as well as visiting academics from leading universities,” said director Professor Frank Horwitz. “The entire programme is structured with strong emphasis on personal development and growth, understanding business and leadership in emergent markets which puts us ahead of many other universities.”

The GSB has also recently achieved a five-year re-accreditation by Equis, the European Quality stamp for international business schools.

The University of Pennsylvania’s Wharton School of Business claimed the number one spot for the fourth year in a row.

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