Why you should consider an MBA in Africa
Getting your MBA in Africa is investing in your business skills.
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Pursuing an MBA program in Africa offers an exhilarating opportunity for aspiring MBA candidates. African countries like Mozambique and Libya are amongst the fastest-growing economies. Despite the challenges faced by parts of the continent, there is a strong foundation for optimism that Africa is poised for more economic growth in the coming years, potentially mirroring Asia’s remarkable development trajectory.
We’re now starting to see a new generation of African business schools making their mark globally. University of Cape Town’s Graduate School of Business, renowned for its long-standing tradition of business education excellence, made it into the top three of QS Global MBA Rankings: Middle East & Africa 2024 and ranked in the Financial Times Global MBA Ranking.
Additionally, a new generation of African business schools, like Gordon Institute of Business Science GIBS, ALU School of Business, and Lagos Business School, are making their mark globally.
The rise of these business schools reflects the increasing commitment to enhancing higher education across Africa, a crucial step to meet the demands of its young populations. Africa is expected to become the largest workforce in the world by 2040, with 1.1 billion people. As its population grows, so does the need for business leaders with the skills, knowledge, and experience to help drive the economic empowerment of the continent. Are you up for the challenge?
Typically, studying for an MBA in Africa is more affordable than in other continents.
For example, for international students, the MBA program at UCT GSB costs about $37,860. Citizens and permanent residents should expect to pay around $19,364.
South Africa and Egypt house most of the continent’s top-ranked institutions. Lagos Business School in Nigeria ranked in the Executive Education Open 2023 rankings. UCT GSB ranked in the Financial Times Executive MBA Ranking.
International connections are a vital part of Africa’s sharpened focus on education. For example, the prestigious business schools CEIBS and ESSEC have international campuses in Ghana and Morocco.
Despite a rapidly expanding economy, African graduates still face a challenging job market with high unemployment rates. The region has a GDP per capita of about $2,000. The largest economies in Africa, based on the nominal GDP, are Egypt, Nigeria, and South Africa.
South Africa is the most popular destination for international students in Africa. The majority of international students are from other African countries. Egypt, Kenya, Rwanda, and Uganda are all attracting increasing numbers of international students.
Although thousands of local languages and dialects are spoken in Africa, the most popular languages are Arabic, English, Swahili, and French. As the official language of 23 countries, there is a wide variety of English-taught courses in Africa.
Countries in Africa
Getting your MBA in Africa is investing in your business skills.
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