HOW DO THE BUSINESS SCHOOLS COMPARE?
The average payback period for the MBA degree ranged bet ween 1.1 years and 3.6 years across all the business schools, for those who thought the MBA was worth it. Schools with the shortest average payback periods for this group were:
(1.5 years) A factor t hat would need to be taken into consideration here is the average cost of the MBA qualification. The Gordon Institute of Business Science (GIBS) charges R189 000 for its 15-month full-time MBA qualification. The cost for the Milpark qualif ication is R155 880.