It was another red-letter day for the UCT Graduate School of Business (UCT GSB) earlier this month when the business school was rated as being on the top of its game amongst its African peers at the Eduniversal 4th World Convention of the Best Business Schools. The event was held in Shanghai, China.
UCT GSB has won the award – which is based on a peer-review methodology in which business school deans from around the world vote - three times previously. Speaking in response, UCT GSB Director Walter Baets told the press: “I believe that a peer-reviewed award such as this is one of the most valuable metrics by which to measure a business school. The GSB aims to be the leading business school on the African continent in emerging market expertise. I’m elated that the international business school community has recognised our on-going efforts to build a strong African model for business schools. Their votes are a wonderful boost.
The American University in Cairo, Egypt came in second in Africa and another South African institution, the University of Stellenbosch business School, placed third.
The UCT GSB also has the only MBA programme in Africa to feature in the Financial Times' Top 100 Global MBA Ranking. In 2011, the GSB MBA was ranked for the 6th consecutive year by the FT, rising 29 places to reach 60th place. It is also one of just two South African business schools to have full EQUIS (European Quality Improvement System) accreditation from the European Foundation for Management Development.
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