The Gordon Institute of Business Science (GIBS) took top honours in Africa in the annual Executive MBA (EMBA) rankings conducted by the UK Financial Times (FT).
GIBS managed to get a 70th-placed ranking, which relates to both the GIBS modular as well as part-time MBA programmes, marks the business school’s third consecutive appearance in the rankings.
GIBS remains the only business school in Africa to appear in this ranking.
Despite South Africa’s current sluggish economic outlook and weakening currency, it would appear that GIBS alumni continue to receive internationally competitive salaries. GIBS alumni placed 35th in the world for present day US$-denominated salary and 28th with regard to percentage salary increases since graduation. The rankings also recognise GIBS’ efforts to ensure gender diversity. The business school ranks in 13th place globally for its number of women students and fourth for women represented on the Board.
“The latest rankings by the FT reiterate GIBS’ firm position as a key player not only in Africa but also in the global arena. The GIBS MBA remains a sound investment for the future for both employees and employers,” said Professor Nick Binedell, Dean of GIBS.
“To be held in such high esteem by our alumni confirms that GIBS students continue to benefit from our internationally accredited programmes; from our conducive learning environment through to our highly qualified faculty, our MBA helps ensure that these high-potential candidates are transformed to the high-impact leaders our country needs.”
The FT Executive MBA ranking, now in its 13th year, draws information from two principal sources: 55% of the score is based on online alumni surveys and 45% of the score is calculated from data gathered by the participating business schools. Alumni participate by answering questions ranging from salary increases, career progression and accomplishment of goals three years after graduation. Business schools are required to supply information about their diversity, highlighting women faculty and women students, and the international reach of their programmes. Points are awarded for faculty publishing articles in major academic and industry journals.
Recently, the Financial Mail MBA survey also recognised GIBS as having the best reputation among employers – both as a business school and for its MBA offering. The business school is also a favourite among graduates, according to the survey.