The University of Pretoria's Gordon Institute of Business Science (GIBS) has taken top honours among South African and African business schools in the latest UK Financial Times Executive MBA Ranking 2014.
Now in its 14th year, the annual ranking, which measures the top 100 Executive MBA programmes globally, recognises the GIBS modular and part-time MBA programme formats. The latest ranking, which sees GIBS feature in 80th place worldwide, is the fourth consecutive year the GIBS MBA features. GIBS remains the only business school in Africa to appear in this ranking.
Once again, the ranking recognises GIBS' efforts to ensure gender diversity, both internally and across its programmes. The business school is ranked in first place globally for women represented on its board, up from its fourth-placed ranking in 2013, while it is ranked 8th for its number of female students, an improvement on its previous 13th-place ranking.
GIBS MBA alumni continue to receive internationally competitive salaries according to the ranking, once again placing 35th in the world for present day US$-denominated salary, while finding themselves in 33rd position (a slight decrease on 2013) with regard to percentage salary increases since graduation.
Professor Nick Binedell, dean of GIBS, said, “The continued recognition of the GIBS MBA in rankings like the Financial Times Executive MBA Ranking 2014, is a testament to our efforts to be the leading business school in a South Africa, and strengthens our commitment to produce business leaders who are agile, inclusive and global in their thinking and attitudes, but whose roots remain firmly in Africa.”
According to the Financial Times, business schools must meet strict criteria to be considered for the ranking. In 2014, 134 programmes from 32 countries took part in the ranking process. Data for the rankings are collected using two online surveys – one completed by participating schools and one by alumni who graduated in 2011.
The annual Financial Mail MBA survey, which was published recently, also recognised the GIBS MBA as the South African MBA with the best overall reputation by employers, with 24% of employers choosing GIBS. The GIBS MBA was also the first choice (30%) among prospective MBA students surveyed, if cost and location were not a factor.