What is MBA?
A master of business administration (MBA) is a graduate degree that provides theoretical and practical training for business or investment management. An MBA is designed to help graduates gain a better understanding of general business management functions.
An MBA degree can have a general focus or a specific focus in fields such as accounting, finance, or marketing, and relationship management.
How Long Is MBA In South Africa?
The program of a study concluding in an MBA is offered as either a full-time program over sixteen months or in a part-time/modular format over two years.
Is an MBA worth it in South Africa?
Nine out of ten rated their MBA or Masters as ‘good’, ‘outstanding’, or ‘excellent’ value. Two-thirds reported they had advanced at least one job level after completing the qualification.
Meanwhile, the Financial Times 2023 MBA Index revealed that within three years of graduating, the salaries of MBAs more than doubled.
How much does an MBA cost in South Africa?
In South Africa, most MBAs span two years and cost between R100,000 and R380,000. This is much higher than many degrees – but still some way from international equivalents, which can cost millions. Here’s how much an MBA costs at 12 leading business schools in South Africa.
Who qualifies for MBA in South Africa?
A Bachelor’s Honours Degree or a Postgraduate Diploma, with a minimum of 120 credits, OR a 480-credit Bachelor’s Degree.
Please supply a copy of your transcript, indicating the symbol or percentage obtained for each module and indicating whether or not the qualification was completed.
Is MBA in demand in South Africa?
Thousands of MBA students enroll at local business schools every year and as the country moves into a new era of opportunity, the demand for MBA graduates is set to grow.
“The overall demand for MBA graduates is driven by the huge need for business leadership in South Africa.
Which MBA is the best in South Africa?
Best Business Schools In South Africa | Top 10 MBAs
- University of the Witwatersrand: Wits Business School (WBS MBA)
- University of Pretoria: Gordon Institute of Business Science (GIBS)
- University of Stellenbosch Business School (USB)
- University of Cape Town: Graduate School of Business (UCT GSB)
What are the benefits of an MBA in South Africa?
A competitive salary. A personal learning and development plan. An in-depth understanding of the local business environment. A network of industry-renowned alumni who can assist in developing your future career goals.