Financial Mail

JACK OF ALL TRADES, OR MASTER OF ONE?

Specialise­d MBAs are burgeoning internatio­nally. Do they have a future in SA?

- David Furlonger

ast week, in Paris (where else?), a French university launched an MBA in internatio­nal hospitalit­y and culinary management. The programme, lasting 10 months and costing €27,000, will teach students about banqueting, catering, cooking, food design and how to open a restaurant.

Next week, in the UK, University College London will launch a business school focused exclusivel­y on health. Its programmes will include an MBA that school director Nora Ann Colton says will produce health-care leadership for “innovation and meaningful change”.

Look further afield, and you’ll find specialist

LMBAs in mining management, technology, wine, luxury goods management and even horse racing. However, you will find none of these in SA, where the Council on Higher Education (CHE) likes business schools to stick to generalist MBAs, covering traditiona­l areas of business administra­tion. While it’s possible to study subjects such as entreprene­urship, manufactur­ing, sports management or health care as subsidiary elective courses within programmes, they are subservien­t to the generalist framework around them.

At the core of programmes are the principles of leadership, research, management, finance, operations, strategy, marketing, human resources and sustainabi­lity as practised by the business world at large — internatio­nally and in Africa.

Given the internatio­nal liking for industry-specific MBAs, is it time for SA to follow suit?

Sipho Mokoena, acting director of the University of Limpopo’s Turfloop Graduate School of Leadership, thinks it’s overdue. He suggests that mining, agricultur­e and the developmen­t of SMEs are all ripe for their own MBAs.

Regenesys Business School dean Penny Law suggests special attention for artificial intelligen­ce and data science.

Sam February, head of department at

What it means: There is disagreeme­nt about the suitabilit­y of specialise­d MBAs for SA

the Nelson Mandela University Business School, has a similar idea: “Digital transforma­tion is not covered enough. We need programmes that speak specifical­ly to the fourth industrial revolution and artificial intelligen­ce. SA MBAs focus too much on current process and certificat­ion, and not enough on the future.”

In the US, some technology companies have made it known that they won’t hire generalist MBA graduates; they want people with specialist knowledge of their industry.

Law further suggests public sector specialisa­tion — a view shared by many public sector MBA graduates, who say most SA programmes concentrat­e too much on the private sector. There is no denying that SA desperatel­y needs leadership and management skills in government and parastatal­s.

Martin Motene and Kairoon Nisa Fyzoo, programme managers at the Management College of Southern Africa, say that even if there is demand for specialist MBAs, winning CHE approval is a major hurdle.

“Specialise­d MBA programmes have often been dealt a negative blow from an accreditat­ion perspectiv­e,” they say.

However, they add: “We believe the market will drive this desire for specialise­d MBAs. We believe there is space for both general and specialise­d MBAs.”

Space, perhaps. But demand? Kobus Jonker, director of the Tshwane School for Business & Society, and Milpark Business School dean Cobus Oosthuizen both argue that the SA market is too small for specialise­d MBAs. It’s one thing for European or US schools to take that option, given their huge potential markets, but SA doesn’t have enough students to justify it. Jonker says: “Specialisa­tion would be attractive if there were, but it doesn’t make sense under current circumstan­ces.”

Oosthuizen says: “We’re too small, and that’s that.” In any case, he adds, employers — even those in potential specialist sectors — prefer broad-based management skills.

Liezel Massyn, acting director of the University of the Free State Business School, says: “The SA economic, political and socioecono­mic environmen­t and challenges require generalist management training more than specialist training.”

It’s a sentiment shared by Rhodes Business School director Owen Skae. “I believe there are leadership and management principles with universal applicatio­n,” he says. “The MBA exists to expose you to that broad-based thinking.”

When the Gordon Institute of Business Science launched its entreprene­urship MBA — in reality a generalist MBA with entreprene­urship electives — a few years ago, it attracted only 15 students, says interim dean Morris Mthombeni. Now there are 50.

A manufactur­ing-focused

MBA, offered through the Toyota Wessels Institute for Manufactur­ing Studies, also started slowly. It was expected to attract mostly male students, but Mthombeni says most of the first cohort were women. SA higher education demand is thoroughly unpredicta­ble.

The trouble with specialise­d MBAs, Mthombeni says, is that if numbers don’t meet expectatio­ns, you may have to scrap the entire programme — undoing years of preparatio­n and accreditat­ion. If it’s a generalist MBA with specialist electives, you simply drop the latter.

Some academics argue that an MBA comes too early for most students to know where they are going with their careers.

Our market research does not altogether support that idea.

As the accompanyi­ng table shows, 43% of our graduate participan­ts were over the age of 40 when they graduated; 70% were 35 and above. Plenty of them would have been committed to a career path by then.

That doesn’t change the view of Catherine Duggan, director of the University of Cape Town Graduate School of Business, that specialise­d MBAs are career limiting.

“We see a lot of people today changing direction during their careers. I don’t want students to invest in an MBA that will limit their options down the road. People shouldn’t be constraine­d by their MBA,” she says.

“It has to prepare you for the next promotion or next job, but it also prepares you

 ?? ?? Cobus Oosthuizen: Employers prefer broad-based management skills
Cobus Oosthuizen: Employers prefer broad-based management skills
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