USB again ranked as con­ti­nent’s top busi­ness school

The Star Early Edition - - NEWS -

This is the fifth con­sec­u­tive year that the hon­our has been be­stowed on USB

THE Univer­sity of Stel­len­bosch Busi­ness School (USB) has for the ninth con­sec­u­tive year been ranked as one of the Top 3 ex­cel­lent busi­ness schools in Africa.

It is the first ‘African-born’ school to be triple ac­cred­ited and, for each rank­ing, USB has re­ceived Eduni­ver­sal’s Five Palmes award. This places the school among the top 100 busi­ness schools in the world.

The award is based on the Eduni­ver­sal global sur­vey. The rank­ings are the re­sult of voting by deans of busi­ness schools around the world, based on a list of cri­te­ria.

USB di­rec­tor Prof Piet Naudé said: “In the aca­demic en­vi­ron­ment, we work on the ba­sis of peer re­view. This is a rig­or­ous form of qual­ity as­sur­ance. “The fact that such a large pro­por­tion of busi­ness school deans around the globe rated USB so highly fills us with hu­mil­ity and grat­i­tude.”

Naudé added that the rank­ing con­firms USB's stand­ing on the African con­ti­nent. “This we will use to play an em­pow­er­ing role in South Africa and on the rest of the con­ti­nent.

“We are in­deed proud to be an African busi­ness school of global re­pute,” he said.

Late last year USB was also ranked as the top busi­ness school by em­ploy­ers par­tic­i­pat­ing in the Pro­fes­sional Man­age­ment Re­view (PMR. africa) 2016 sur­vey – with a score even higher than the pre­vi­ous two years.

This is the fifth con­sec­u­tive year that the hon­our has been be­stowed on the USB in the an­nual PMR sur­vey of ac­cred­ited busi­ness schools of­fer­ing MBA de­grees in South Africa.

“No doubt, com­pa­nies and em­ploy­ers in the pub­lic sec­tor agree that we are on the right track with our mis­sion to shape re­spon­si­ble busi­ness lead­ers,” Naudé said about this achieve­ment.

The busi­ness school’s MBA grad­u­ates and stu­dents re­ceived a scor­ing of 8.22 out of a pos­si­ble 10.00 from em­ploy­ers – an im­prove­ment on last year’s 8.16 and 8.00 in 2014.

Par­tic­i­pat­ing in the sur­vey were more than 300 hu­man re­source di­rec­tors or man­agers and line man­agers of listed and large com­pa­nies, na­tional, pro­vin­cial and lo­cal gov­ern­ment de­part­ments, mu­nic­i­pal­i­ties and State Owned En­ter­prises.

Martin But­ler, head of the MBA pro­gramme at USB, added that they have seen a re­mark­able growth in MBA en­rol­ment.

“The con­sis­tent growth is largely due to the ac­cep­tance of em­ploy­ers of the valu­able as­set such grad­u­ates are for or­gan­i­sa­tions and the re­turn-on-in­vest­ment ex­pe­ri­enced by stu­dents.

“The world of busi­ness is for­ever grow­ing and reach­ing new heights of com­plex­ity and the de­mand for skilled, cre­ative and eth­i­cal lead­ers with a global out­look will never go out of fash­ion.

“In fact, for busi­nesses to sur­vive in a com­pet­i­tive land­scape of evolv­ing con­sumer be­hav­iour, global ex­pan­sion and eco­nomic strain, a strong well-ed­u­cated leader is cru­cial.”

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