This year, the GSB has made a record R4.6 million in funding available for scholarships for the 2018 academic year. Calls for free tertiary education for poor South Africans are gaining momentum ahead of the release of the findings of the Fees Commission later this month, but how this might be achieved remains unclear. In the meantime, institutions need to do everything they can to make their degrees more accessible to poorer students, said Associate Professor Mills Soko, head of the UCT Graduate School of Business (GSB).
The school has pooled resources from the GSB Foundation and other existing scholarship money to make additional funds available for next year’s intake. The GSB is encouraging historically disadvantaged South Africans and African citizens to apply.
The school is internationally renowned and is one of three business schools in Africa with triple-crown accreditation, with endorsements from EQUIS (the European Foundation for Management Development), AACSB (The Association to Advance Collegiate Schools of Business), and AMBA (The Association of MBAs). The GSB has been rated the top business school in Africa, nine years in a row, by the prestigious Eduniversal Rating Agency.
The GSB will also allow students to apply for funding at the same time as they apply for a place on a programme. “We encourage applicants to get their funding applications in sooner rather than later, and not wait until they find out that they have been accepted. A GSB scholarship can make a huge difference in students’ lives. It reduces their stress, lifts a weight off their shoulders and lets them concentrate fully on their studies,” highlighted Aniqah Mayman, acting marketing manager at the GSB.