The benefits of an MBA were traditionally expressed in terms of increased earnings for MBA graduates and improved financial performance of the organisations employing them. An MBA was viewed as an elitist qualification, available to an exclusive group of selected students who underwent a rigorous academic programme with a strong emphasis on quantitative and analytical skills. In recent years, however, the expansion in MBA provision has made the qualification more attractive to employers. Over and above enhanced earnings for graduates, and improved financial performance for the organisations employing them, the relevance of the MBA has widened to embrace the needs of individuals and organisations in the private and public sectors, as well as community-based organisations. The rigour remains the same, if not enhanced, but the mark of exclusivity is diminished.
The hard and consistent work on the part of the student has its accompanying rewards. MBA graduates now occupy senior positions in various organisations. Employers, no longer perceive the MBA as simply representing theoretical knowledge, inadequate understanding of the real world and high salary demands. Rather, they see the MBA, associated with experience and organizational achievements, as enhancing graduates’ flexibility, the ability to embrace change, innovation and a range of other attributes required for success in a fluid organizational and business environment.
The Council on Higher Education (CHE) reported that while the contents of the functional areas of management are more or less the same the world over and most MBA programmes use the same type of pedagogy to teach their students, “…what distinguishes one MBA from another is the quality of the faculty, the integration of research into teaching, the resources relied on, the admission criteria used, the areas of specialization focused on, the variety of elective courses offered, and the programme’s relationship with the world of business and the public sector.” The REGENT Business School MBA curriculum balances “traditional content” with cutting-edge business practice through industry-related case studies on current trends and developments in South Africa and abroad. A blend of business academics and industry practitioners are involved in the design, teaching and periodic review of our programme to ensure that RBS graduates rate competitively with their local and international peers.
Through intensified contacts with public universities, an increasing number of REGENT Business School MBA graduates are being admitted to doctoral (DBA) programmes, thus ensuring that our MBA graduates are able to pursue advanced studies at reputable higher education institutions locally and abroad.Welcome to REGENT Business School and its accredited MBA programme.
Professor Marvin M. Kambuwa