The profile and reputation of the University of Cape Town’s Graduate School of Business (UCT GSB) increased just recently as soon as its Master of business administration programme ended up being rated 60th globally by the Financial Times’ Global MBA Top 100 Ranking. It was in fact at the same time named the best value-for-money MBA in the world.
The final results, published on 31 January 2011, saw the actual rating of the UCT GSB’s full-time programme moving up 29 spots from 89th to 60th.
This has been the 13th year of MBA rankings by the Financial Times, with the Wharton School at the University of Pennsylvania reaching number one this year.
The UCT GSB ended up being the sole African business school to make the top 100 in the Financial Times’ 2011 report.
Prof Walter Baets, director of the UCT GSB, said: “The UCT GSB is ecstatic to have shifted upwards considerably in the Financial Times top 100 ranking this year, as well as be ranked once again for the seventh consecutive year testifies towards the premium quality of our programmes, the exceptional influence we have on students along with the outstanding quality of our MBA in particular.
“The 2011 rating will inspire fantastic confidence in students as well as prospective students of the fact that UCT GSB provides an MBA among the best worldwide, and that the business school is without a doubt on the move and achieving on a global level.”
Professor Walter Baets, Director of the UCT GSB
When it comes to international experience, international mobility along with career progress, the Financial Times outcomes indicated that MBA graduates from the UCT GSB are actually prospering throughout the world.
“These three categories ensure that our graduates continue on to accomplish excellent achievements regardless of where they go and are generally very highly valued within the international market,” said Baets.
Based on the rankings, the top 10 MBAs in the world can be obtained from: the University of Pennsylvania (Wharton); London Business School; Harvard Business School; Insead; Stanford Graduate School of Business; Hong Kong UST Business School; Columbia Business School; IE Business School; Massachusetts Institute of Technology (Sloan); and IESE Business School.
Maintaining global trends
UCT’s GSB programme places a substantial focus on personal growth, in addition to developing leadership skills and business acumen – as a consequence it is succeeding within the categories of international mobility, international experience and career progress.
Elaine Rumboll, director of executive education at the school, said: “The elevated international publicity and exposure because of the high rankings together with other accomplishments in addition has given rise to partnership opportunities for the UCT GSB with different top global business schools.
“Change is without a doubt inherent to emergent market segments and in addition we are challenged to deal with constantly evolving needs. This is where our true competitive advantage truly lies. It is this philosophy, vision and approach that has contributed to the institution being recognized in the international executive education and learning industry.”
Baets added: “All of us make an effort to both improve the profile of emergent market business schools as centres associated with excellence and thought leadership; as well as supply students – both local and from all over the world – with the knowledge, expertise and skills to take on the challenges of this, the emergent market decade.”
Source: mediaclubsouthafrica.com, gsb.uct.ac.za,
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