Africa’s best business schools
The University of Cape Town’s Graduate School of Business (UCT GSB) has been rated the top business school in Africa at the 6th Eduniversal World Convention of the Best Business Schools. (Image: http://www.hpu.edu)
If you are in Africa and wish to pursue a business course, there’s no better place for you to be than the University of Cape Town’s Graduate School of Business (UCT GSB). The UCT GSB has been rated the top business school in Africa at the 6th Eduniversal World Convention of the Best Business Schools.
At the event, held earlier this month in Bangalore, India, the UCT GSB was given top honours with the Five Palmes award, which is bestowed on business schools with major international influence. In second place was the American University in Cairo’s School of Business while the University of Stellenbosch Business School was awarded third rank in Africa.
The annual convention, hosted by the internationally reputed Indian Institute of Management, was a melting pot of business school leaders, academics, and education professionals from around the globe. The event was organized by Eduniversal, a Paris-based global ranking and rating agency specialising in higher education.
UCT GSB director, Walter Baets stated that to receive such an award from national and international peers was an honour indeed and a powerful testimonial to the way business management and leadership are taught at the GSB.
Baets added that it was the peer-reviewed nature of the award that made Eduniversal ranking a crucial metric to measure GSB’s progress.
The Eduniversal International Scientific Committee (ISC) nominates a selection of 1000 business schools from 153 countries, across nine geographic zones. Schools are nominated based on a global mapping system made up of criteria such as universality and international reputation. From the selection, deans and directors of the business schools are asked to vote for the school they recommend most.
Baets said that the Eduniversal ranking, which is based on the rating of peers, complements other business school rankings, which are based on employer ratings like the QS Top 200 Global Business Schools or alumni ratings such as the Financial Times and Which MBA rankings.
He added that the GSB strives to be the leading business school in Africa, with special emphasis on leadership and management with an African perspective. To have their efforts recognised by the international community was heartening and an encouraged to plow ahead with their agenda, Baets noted.
The UCT GSB full-time MBA is the only one in Africa to feature in the Financial Times‘ 2013 Top 100 Global MBA Ranking. In 2013, the GSB Executive MBA was also the only African EMBA to feature in the Economist‘s Which MBA ranking, and the school was also ranked top in Africa by the 2013 QS Top 200 Global Business Schools ranking. The GSB is now one of just 59 business schools worldwide to be triple-crowned, having accrediation from the European Foundation for Management Development (EQUIS); the Association to Advance Collegiate Schools of Business (AACSB); and The Association of MBAs (AMBA).
Baets concluded by stating that these achievements made it possible for them to say that the GSB has more top rankings and accreditations than any other business school on the continent. Although he agreed that these are not the only things that should be important for a business school, he noted that they do give a good third part endorsement of the quality and integrity of an institution.