Our readers may not have noticed but the Financial Times ranking of Business Schools around the world was published yesterday. The top schools as estimated by the schools themselves and by the opinions of their alumni were jointly the London Business School and the Wharton School at the University of Pennsylvania. Third was Harvard and joint fourth, Insead and Stanford Business School.
In 60th place up from 89 in 2010 was the GSB at the University of Cape Town. It is the only business school in Africa that is ranked in the FT top 100. Most interestingly the Cape Town GSB ranked first in the Value for Money Category. This has a low three per cent weight in the overall score and so could not have made a great difference to the ranking order. Much more important for the ranking Measure are the categories Weighted Salary with a 20% weight (the average alumnus salary today with adjustment for salary variations between industry sectors. Includes data for the current year and the one or two preceding years where available) and the Salary Percentage Increase with another 20% weight (The percentage increase in average alumnus salary from before the MBA to today as a percentage of the pre-MBA salary). Continue reading Value for money and value add at the GSB Cape Town