Full-time Gordon Institute of Business Science (GIBS) MBA student Lyborn Mashava is the latest recipient of the Alumni Bursary Fund.
The Alumni Bursary Fund, which was established in 2012, is funded by the proceeds of a book published by the University of Pretoria titled “Pioneering the MBA in South Africa”. The book chronicles the history of the University of Pretoria’s MBA programme from its origins at the university’s Graduate School of Management (GSM) to its current incarnation at GIBS. The fund is strengthened by additional donations from corporates as well as alumni of both GIBS and the GSM.
Mashava was awarded a bursary valued at US$5 500 during a University of Pretoria/GIBS Alumni breakfast held recently at the GIBS Illovo campus. The scholarship will be used to cover the cost of the compulsory Global Module component of Mashava’s MBA studies. The Global Module aims to ensure that GIBS MBA students gain exposure to the global markets, context and societies in developed and dynamic markets.
He was chosen following a rigorous selection process, which included the submission of two essays which addressed socio-economic issues prevalent in South Africa. A review panel shortlisted finalists who were then presented to the Alumni Bursary Fund committee for final selection.
A qualified mechanical engineer, Mashava, who has over 15 years’ experience in the mining and engineering, was delighted to be the recipient of the scholarship.
“I am honoured that I have been selected as the recipient of the Alumni Bursary Fund. The scholarship will cover the costs of the Global Module, which is an integral part of completing my MBA,” said Mashava following the announcement.
The business school awarded three additional scholarships worth R100 000 each to three other full-time MBA students, Fikile Holomisa, Abraham Kruger and Barati Montshiwa. The three students recently completed the core modules of their MBA and the scholarships will be offset against the tuition fees for their electives which form part of the GIBS MBA programme.
Commenting on the awarding of the scholarships, GIBS’ Deputy Dean, Professor Nicola Kleyn, said, “The Alumni Bursary Fund aims to recognise exceptional GIBS MBA students with diverse work, education and life experiences, and who possess the entrepreneurial and business leadership talents to meaningfully contribute to the development of South Africa’s economy through the increased knowledge and skills gained from their studies. I am delighted that the Fund has chosen to recognise four outstanding individuals as this year’s recipients.”