UCT’s Graduate School of Business’s (GSB) Master’s in Business Administration degree has been ranked the best value for money course in the world.

Recently, the degree also moved up 29 places to 60th position in the latest Financial Times (FT) of London’s Global Master in Business Administration’s (MBA) Top 100 rankings.

It remains the only one in Africa in the FT MBA Top 100 and this is the seventh consecutive year that the school has featured in the rankings.

But in addition to these accomplishments, there have been other notable achievements for 2011, such as the business school having been ranked seventh in the international experience category and having been placed in the top 35 in seven other assessment categories.

This included its place at 31st in the career progress rank, 31st in the international faculty tank and 28th in the international mobility rank.

An evaluation of the 2011 rankings table shows that the UCT GSB again ranks among the top five business schools based in BRICS emergent market economies, which also includes Brazil, Russia, India and China.

“The UCT GSB is delighted to have moved up significantly in the FT Top 100 rankings this year, and to be ranked again for the seventh consecutive year.

“It testifies to the high quality of our programmes, the remarkable impact we have on students and the exceptional quality of our MBA in particular,” said Professor Walter Baets, director of the UCT GSB.

Baets added that being ranked as the best value for money MBA in the world is a clear indication that the UCT MBA is very competitively priced internationally for the high quality it delivers.

“This will help the school to attract more international students and grow as a hub of expertise on the African continent.”

The FT ranking showed that GSB MBA graduates were doing well for themselves across the globe, as this could be seen in the three strong rankings in the international experience category, international mobility and career progress, said Baets.

“These three categories confirm that our graduates go on to achieve great things wherever they go and are highly valued in the international market,” he added.

Being among the top five emergent market MBA programmes, according to Baets, is consistent with the UCT GSB’s mission of differentiating itself as a business school with strong and distinctive capabilities in emergent market business education and applied research.

“We aim to raise both the profile of emergent market business schools as centres of excellence and produce leadership, and to provide students both local and from all over the world with the knowledge and skills to take on the challenge of this, the emergent market decade,” said Baets.

“The success of our graduates as revealed by the rankings puts the GSB MBA firmly in the category of an MBA worth getting globally,” he said.