Africa has been growing steadily to become a hub for business and has been attracting investors from all over the globe. It’s obvious that Africa is filled with diverse business opportunities. Nobody is more aware of this than the countless African entrepreneurs who are starting their businesses every day , and performing their respective role in changing the perception of Africa.
However, if you imagine, what would the business environment in Africa be without a center of Business Knowledge and a the breeding ground for entrepreneurs? Business schools play an essential role in helping to develop the next generation of business leaders and helping companies assist them in leveraging new opportunities and solve problems.
Top 10 Best Business Schools in Africa.
1.Gordon Institute of Business Science – South Africa
The Gordon Institute of Business Science (GIBS) is an affiliate of the University of Pretoria. It is the top Business school within Africa according to Financial Times- the UK’s most renowned financial publication. The school has appeared in the publication’s annual list of the top business schools in the world for seven years in a row. The rankings of 2020 put it in the Gordon Institute of Business Science among one of the 50 top business institutions around the globe which makes it not just the top one in South Africa but on the entire Africa continent.
The school was founded in the year 2000. It offers the most diverse of programs for both cooperative and individual students that include internationally recognized MBA programs as well as Post-graduate Diploma for Business Administration, Doctorate in Business Administration, and a broad range of executive and academic programs.
2. Wits Business School – South Africa
Wits Business School has featured in numerous international rankings repeatedly as being among the top business schools around the world. It has been ranked in close proximity to the top schools in the world’s top rankings like those of the Times Higher Education and the BRICS & Emerging Economies top global 100 rankings.
The school first came into existence in the year 1968, and is located in Africa’s largest economic hub Johannesburg. The school offers a broad range of business and executive programs, including the Senior Executive Program, which is run as a part of Harvard Business School. The school also offers MBA as well as other Master’s in business degrees.
3. The University of Dar es Salaam Business School – Tanzania
It is among the top business schools in Africa. It is located on principal campus at The University of Dar es SalaamThe oldest and largest publicly-funded university of Tanzania. The university was established on the 1st of January, 1961 and was an associate of the University of London. In 2008 The University of Dar es Salaam changed the faculty it had in Commerce Management to what is now known as The University of Dar es Salaam Business School.
The excellence of the postgraduate and undergraduate programs that are offered at the institute earns its international acceptance as being among the most prestigious Business schools within Africa. The institute has four departments: General Management, Marketing, Finance and Accounting.
4. Lagos Business School – Nigeria
Lagos Business School Lagos Business School was first founded in 1991. It began as an unassuming institution located in Lagos Nigeria as the Centre for Professional Communications. In the early days of creation it was a business school that offered only management courses that were appropriate in the Nigerian business context. However, the school has expanded to offer academic courses and executive business management programs that are applicable not just in Nigeria and Africa but also to the world in general. In 2003, the school added a full-time MBA program, with the sole goal of creating experts with management experience that can be applied for the business world of the world.
Since its beginning, it has earned an enviable reputation on the basis of program quality as well as its capacity to hire experts and to conduct teaching. From 2007 to date, it has Lagos Business School has gained international acceptance as being one of the top businesses schools of West Africa.
5. American University in Cairo School of Business – Egypt
The school was initially named The School of Business Economics and Communications The American University in Cairo School of Business was given its current name in 2009 and has the goal of creating an academic centre that develops future business leaders who are innovative and entrepreneurs.
In the latter half of 2013 the business school became the first institution within North Africa to feature on the Financial Times list of Top Business Schools across the globe. The school has received international recognition and draws business leaders from all over the world. The business school made it onto the famous list again in the year 2020, a clear indication of its increasing prominence in the business world.
In spite of the fact the education systems within North Africa have been disrupted by the Arab revolt that swept across this region between 2021 and 2012 The American University in Cairo School of Business is one of the top Egyptian institutions to make substantial progress. The school provides amazing classes for both cooperate and industrious companies.
6. Makerere University Business School – Uganda
The school was founded in 1960 under the name of it was known as the Nakawa College of Business Studies which offered management and business courses. In 1997, the college was merged into Makerere University’s Faculty of Commerce to what is now the Makerere University Business School.
The school is renowned as a leader in business and management-related teaching and research. This is why it is regarded as the leading and emblem institute in Business and management education across East Africa. The faculties that it has comprise its Faculty of Computing and Business Science and the Faculty of Commerce and Faculty of Management. The school is also home to it’s Faculty of Marketing and Hospitality Managementwhich is among the top on the world.
7. Strathmore Business School – Kenya
Strathmore Business School is one of the top school of business in Africa due to its professional and academic standing. It is among the most sought-after business schools across the continent. This school is a leader in fields beyond academia, and it has a profound impact on business leadership and management in Kenya’s public and private sectors.
The school has a huge impact on the growth of medium and small-sized enterprises in Kenya. It provides a broad range of leadership and management courses.
The school was established in 2005. school provides MBA as well as postgraduate business degrees in addition to the executive degree.
8. University of Ghana Business School – Ghana
University of Ghana Business school is among the top institutions of business in Ghana and the West African region. It was initially established under an institution within the Department of Commerce at the Kumasi College of Technology (now Kwame Nkrumah University of Science and Technology). It offers broad selection of master’s, undergraduate, doctoral and postgraduate programs within different academic departments, including departments like the Department of Operations and Management Information Systems and Department of Operations and Management Information Systems, Department of Marketing and Entrepreneurship and the Department of Finance, Department of Finance, Department of Accounting.
To improve its academic performance The school works with top business schools across Africa, Asia, North America, Europe and Africa in the areas of research development academic programs cases studies, as well as faculty exchanges. A few of its affiliated universities comprise universities like the University of Cape Town (South Africa), Hanabat National University (Korea) Queens University-School of Public Policy (Canada), University of Reading (UK).
9. HEM Business School – Morocco
There is no discussion of the best business colleges in Africa without not mentioning Maroc’s HEM (Institute of Hautes études de management Business School. It was established in 1988 and is the biggest privately-owned business school on the Africa continent. It is a magnet for pupils from across African countries.
The school offers MBA master’s, postgraduate, and postgraduate degrees with a focus of Business Finance, Industrial Management, Accounting Control Audit, and Marketing. HEM has attracted the attention of a wide range of investors from all over the globe. Its largest investors are those from the International Finance Corporation and the World Bank affiliate.
10. The United States International University-Africa Business School – Kenya
The American International University-Africa Business School Kenya is among the top colleges of business in Africa. It draws students from all over the continent. It is the oldest privately owned institution in Kenya. It provides MBA and several master’s degrees, including Master in Business Administration and Executive Master of Business Administration.
The school is proud of having a an impressive network of famous alumni such as Vimal Shah, the CEO for Bisco Africa, a multinational consumer goods manufacturer headquartered in Kenya.
Why Attend a Business School?
Find solutions to business issues
One of the most significant advantages that comes from attending business college is the fact that it prepares you as an effective problem-solver in the world of business. In addition to the prestige gained from earning an MBA degree and the ability to deal with business issues that you’ll face every day. You’ll build your skill set and expand your knowledge in the field you are skilled in. Additionally, you will become more focused on achieving your goals that will put you on the path to the top at the top of your profession.
Potential for higher earnings
The data is and clear. A business school will increase your earnings capacity in a gradual manner. For instance, in the US for example the beginning salary of an MBA employee is $105,000 with no other benefits and packages. Benefits from financial investment are innumerable.
Increase your reach
When you attend an MBA program or a business school in an MBA program, you’ll spend the majority of your time with other committed and passionate business leaders who could be your business colleagues, employers, competitors, partners accountants, suppliers, etc. They, in turn, are able to have their own group of highly valuable business contacts whom will also be able to access. Business schools are one of the most effective places to grow your network, and also have access to highly valuable individuals
Attain a higher degree of business
An MBA degree is now the standard to advance both in business as well as the fiance industries. In the majority of advanced nations there is a high probability to be CFO or a CEO without having an MBA. It’s the way to top management positions in the fields of commerce, IT manufacturing, production, pharmaceuticals. A MBA in your name signifies you’re a strategic thinker.
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