Finding information on accredited MBA programmes in Cape Town is not too difficult. In fact, with the huge volume of tips, advice and information available for prospective MBA students, the challenge lies in wading through all that info to find out what you need to know the most.
To help you understand exactly how the programme works, we have put together a short guide that gives you an overview and an indication of what to expect.
Top Tips for Pursuing an MBA in Cape Town
If you’re dreaming of getting an MBA in Cape Town, here’s what you need to know…
- Choosing a programme.
There are many MBA programmes in Cape Town. Not all of them are equal however. The best way to determine which programme is right for you is to consider a few important factors. Cost is one such factor – while you can expect to budget a fair amount for your studies, you should not be left bankrupt. Another factor is the learning methods used. Is remote study possible? How will you be assessed? How much work is typically required? You should also ensure that your MBA will be accredited, and also find out what the general success rate is of the programme. Check out testimonials from previous MBA graduates – this will help a lot to give you an idea of how successful the programme is from a student point of view.
- Applying for your MBA.
The things that you should focus on the most for the application process include your essay, interview, letters of recommendation, GMAT exam and financing. First things first, find out whether any preparation exams such as the GMAT are required. Next, begin preparing your application. Choose your essay topic carefully and enlist the help of a friend or family member to go over it for you afterwards to check that there are no errors. Do some reading to get examples of typical interview questions that you can expect. Think carefully about your letters of recommendation… it is far more valuable to get comprehensive letters from a small company for an important job you completed than it is to get a generic letter from a large company for a random part-time job. You should also start to think about financing options at this point.
- What to expect.
The MBA is hailed as one of the toughest courses out there. In many ways, this is true – the stress is very real and the pressure is very much on you from the very start. With that said, it is also incredibly rewarding, too. The course lasts around a year and consists of 12 course modules (one of which is an elective module) and a final research dissertation. Subjects within each trimester range from strategic management to marketing, finance, economics, operations, leadership and other subjects that relate to the broader business environment. Various sectors are also explored, giving graduates a holistic view of business and all of its facets.
To find out what it is like completing an MBA at REGENT Business School, view our testimonials to see what some of our former students have to say. You can also check out our MBA FAQs for further information on completing an MBA in Cape Town.
For many graduates who are seeking to study further, finding the top MBA in Cape Town can often seem like a search for the Holy Grail. There are many factors to take into consideration when selecting an MBA programme in Cape Town, or anywhere else, for that matter.
Rankings are one thing that many students consider. The Eduniversal rating system known as the Palmes of Excellence offer a simple way for programmes all over the world to be rated. This system takes into account factors such as accreditation, school rankings and membership within various national and international academic associations. There are five levels within the Palmes of Excellence system, starting from 5 Palmes (universal school with a strong global excellence) to 1 Palme (fair school with a strong regional excellence). While it is natural for students to assume that only schools with 5 Palmes are worth consideration, it is important to note that this is one of many things that should be considered when looking for a top MBA in Cape Town.
Choosing the Best MBA in Cape Town
REGENT Business School is proud to be a 2 Palmes of Excellence distance learning facility. This means that we have a strong regional presence and a good reputation. Some of the reasons that REGENT Cape Town is often considered an excellent choice for local MBA applicants include the following:
- Accessibility. The MBA programme is known for its high level of stress as it is… having to relocate for your postgrad studies may be one stress that you can avoid. Unlike a traditional university such as UCT, REGENT offers the chance to study remotely, using a wide range of interactive learning tools. This allows a far greater level of flexibility for students and also makes it possible for students living outside of study areas to complete their dream of getting an MBA. With this in mind, it may be more worthwhile to consider a college that offers more accessibility if this makes it easier to study.
- Affordability. Both Stellenbosch and UCT (South Africa’s two 5 Palmes universities) are known for their high fees. For many students who are already either in debt or battling to afford their studies, the high fees come with more than a few challenges. Regional campuses and distance learning colleges offer an affordable way to study remotely, with the chance to study while working. Fees are calculated on a semester basis, and as there is a lot more flexibility, it is often easier to budget for your studies.
- Quality. The Palmes of Excellence rating system is not the only method of determining a school’s overall quality. A 2 Palmes school that is ranked as a good school globally may have many other accolades on a regional level. Accreditation is an important factor, but equally important is the school’s success record. What do former MBA graduates have to say about the school? How many are happily working and thriving after completing the programme? Testimonials and reviews are a very good indicator.
At the end of the day, you are the only person who will know whether your chosen MBA in Cape Town is the right one. With that said however, taking the time to assess your options realistically, without relying on only one form of ranking, is the best way to ensure that you make your choice for the right reasons. In this way, you will be able to choose the MBA programme in Cape Town that adds genuine value.
Depending on whom you ask, some may tell you that MBA programmes are a waste of time and money, while others assure you that the hard work will give you rewards after completing the programme. The reality of this endless debate is that the real value often comes down to what you plan to do with it, and what your specific goals are in your career.
In South Africa, the MBA has just as much weight as it does anywhere else in the world. This challenging two year course has become one of the most famous courses for anyone pursuing a career in business, but it’s also favoured among entrepreneurs and self-starters. The value of such a course is not only limited to what to what it offers graduates – employers also stand to benefit a lot when employees are highly qualified.
What exactly is the real value of an MBA, and is it worth all the blood, sweat and tears? Let’s take a look…
What is the Real Value of MBA Programmes?
We have already covered some of the top reasons to do an MBA, which include benefits that are enjoyed by graduates. There are also many advantages that can be enjoyed by employers, which clearly show just how much value this sort of qualification can provide in the workplace…
- MBA graduates develop a greater ability to lead, manage and motivate
As many MBA programmes are completed via distance learning, students who are working and studying are able to apply course material almost right away, which means getting results even before the course is completed. This makes MBA students far better prepared when it comes to dealing with the various challenges and situations of the business world. Most MBAs are also natural born leaders who possess innate abilities such as communication and problem solving. As the programme incorporates extensive strategy and management modules, these skills make students even more of an asset to employers.
- MBA students are geared towards professional development as well as the overall success of their companies
In addition to fine-tuning vital professional skills that help students grow personally, they also develop organisational skills that help them work towards the greater good. Having employees on board who have a clear idea of what it takes to run a successful business will help any organisation grow as far as skills, systems and management are concerned.
- MBA students are ideally positioned to grow powerful networks among peers and classmates
Connected employees are valuable employees who not only have their own powerful networks, but also understand the importance of continuing to build and maintain networks. This means the ability to utilise conferences, meetings and client events, as well as the ability for graduates to conduct themselves in a manner suitable for the business world.
These are just some of the ways that MBA grads experience value in their chosen qualifications. To find out how a South African MBA degree can change your life, contact REGENT Business School today to learn more about applying!