Business schools: Now it's the Big Five
Financial Mail: 21 February, 2014
The Potchefstroom Business School has become the first school outside SA’s traditional ‘Big Four’ to win international accreditation for its master of business administration (MBA) degree. The School, part of North-West University (NWU), has been approved by the UK-based Association of MBAs (AMBA).
Previously, only the university business schools at Cape Town, Stellenbosch and Wits, plus Pretoria’s Gordon Institute of Business Science have enjoyed international recognition for their MBAs. The director of the Potchefstroom Business School, Prof Tommy du Plessis says his institution’s success proves that “even small, rural schools can succeed if they put their minds to it.”
MBAs taught in SA must be accredited by the local Council on Higher Education. International accreditation generally demands higher standards and attracts students seeking degrees that offer more status and international job mobility.
Du Plessis says the School spent three years working towards AMBA accreditation. “It is a big motivator for students to know we are now officially world-class,” he says.
In more good news for the School, the NWU this week officially began the long-awaited process of creating a separate school campus by inviting plans for its design and financing.