UCT hosts MBA sum­mit

It seeks to em­power ex­cep­tional stu­dents to act as change agents for a bet­ter fu­ture for all

The New Age (Free State) - - WESTERN CAPE NEWS - TNA REPORTER news@the­newage.co.za

MORE than 100 MBA stu­dents from the world’s best busi­ness schools are in Cape Town this week to at­tend the fifth MBA World Sum­mit.

The event, which is hosted by the UCT Grad­u­ate School of Busi­ness (GSB), seeks to em­power ex­cep­tional stu­dents to act as global change agents and con­trib­ute their col­lec­tive ex­pe­ri­ence to­ward changing the world for the bet­ter.

With the fo­cus on cre­at­ing mean­ing­ful im­pact, the sum­mit aims to leave a last­ing legacy for lo­cal com­mu­ni­ties.

Par­tic­i­pants will be paired with 30 lo­cal en­trepreneurs to cor­rob­o­ra­tively ex­plore short, medium and long-term prac­ti­cal so­lu­tions to busi­ness ob­sta­cles and chal­lenges, par­tic­u­larly in a town­ship en­vi­ron­ment.

The sum­mit which is be­ing held on African soil for the first time, will be held from to­day un­til Fri­day.

Par­tic­i­pants will split their time be­tween the school’s cam­pus at the V&A Water­front and its satel­lite site – em­bed­ded in the com­mu­nity of Philippi.

Dr Kutl­wano Ram­aboa, di­rec­tor of in­ter­na­tional re­la­tions at the GSB, said the school was well placed to host a sum­mit that com­bined global think­ing with lo­cal rel­e­vance.

“As one of only three busi­ness schools in Africa to have triple crown ac­cred­i­ta­tion from the global ac­cred­i­ta­tion bod­ies AACSB, AMBA and EQUIS, the GSB’s in­ter­na­tional cre­den­tials are well es­tab­lished,” she said.

“The GSB is draw­ing on its five decades of ex­pe­ri­ence in pi­o­neer­ing busi­ness ed­u­ca­tion in Africa and our strong fo­cus on cre­at­ing sus­tain­able im­pact for busi­ness and so­ci­ety makes the school a per­fect fit for the sum­mit.”

Ray­mond Led­waba, a GSB alum­nus, is the or­gan­iser of this year’s sum­mit. He said an event of this na­ture con­trib­uted to the GSB’s sta­tus as a global player.

“It demon­strates that we can host pres­ti­gious in­ter­na­tional events and bring thought lead­ers from across the world to South Africa,” he said.

“It’s im­por­tant to note that this is also an African event, with African and SA stu­dents par­tic­i­pat­ing and con­tribut­ing to a valu­able global net­work.”

Led­waba said that as Africa had four of the fastest grow­ing economies in the world, the sum­mit was a plat­form to ex­plore the end­less op­por­tu­ni­ties that abound on the con­ti­nent.

“It is an op­por­tu­nity for par­tic­i­pants to col­lab­o­rate with other in­sti­tu­tions and tackle key so­cial chal­lenges faced in Africa and other emerg­ing mar­kets around the world,” he said.

This year’s sum­mit is made up of par­tic­i­pants from 39 busi­ness schools, in­clud­ing five stu­dents from the GSB and two from Univer­sity of Pretoria’s Gor­don In­sti­tute of Busi­ness Sci­ence. Each year 100 stu­dents are se­lected from more than 2000 ap­pli­cants who un­dergo a rig­or­ous se­lec­tion process.

Yan­nick Reiss, co-founder of the sum­mit, be­lieved that the essence of the sum­mit rested on the di­ver­sity of its par­tic­i­pants. This di­ver­sity created a space for col­lab­o­ra­tion, global net­work­ing and peer-learn­ing, he said.


GLOBAL CHANGE AGENTS: Top in­ter­na­tional stu­dents are to at­tend the MBA World Sum­mit at the UCT Grad­u­ate School of Busi­ness.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.