Africa: Business Education Survey
Tag: Africa, Africa Business Education
Summary: However, with advancements in democracy and governance, and growing investment flows and private sector growth boosting demand for quality managers, that dichotomous landscape is changing, with new …
The majority of Africa's business schools fly under the radar. Most do not reach the standards required for international accreditation or to take a place in international rankings, and with little data available through which to establish the capacities of the continent's business schools, it has been hard to track the supply-side landscape or development within the sector. For this report, This Is Africa has collated its second annual comprehensive dataset of Africa's management schools.
Huge disparities exist between the leading schools - almost exclusively located in South Africa - and the rest. The majority do not gather the data necessary to make a conventional ranking possible. Only the best schools, for example, keep track of the employment or rising earning power of graduates.
This dataset, therefore, takes the form of a listing, which aims to measure quality and provide quantitative indicators for the capacities of business schools in expanding Africa's skill-base and promoting private sector growth. Covering 58 contactable institutions, it represents most, but not all, of Africa's business schools - of which there are estimated to be around 90.
However, with advancements in democracy and governance, and growing investment flows and private sector growth boosting demand for quality managers, that dichotomous landscape is changing, with new schools opening across the continent.
Forty two - or 72 percent - of the total surveyed schools have opened since 1990. Twenty one, or 36 percent, have been operating only since 2000 - making the last decade the peak expansionary era for business education in Africa.
Interestingly, among those, we see some of the continent's best institutions - Strathmore; the AMBA-accredited School of Banking and Finance, Rwanda; Namibia Business School; and Mediterranean School of Business, which opened in Tunisia in 2002 and offers its courses only in English. South Africa's GIBS, which was set up in 2000, is one of the continent's few schools boasting double accreditation.
With global business schools tracking investment trends, the last few years have also witnessed the opening of foreign schools in Africa.
The China Europe International Business School opened with executive education courses in Accra in 2009 and runs an EMBA course taught by international faculty; the Brazilian Business School Angola launched in 2005; and perhaps most notably the US-based Duke Corporate Education opened its Johannesburg office in 2008. More will follow.