business schools
Africa
Africa is increasingly becoming a significant hub for business education, offering high-quality master's programs that are starting to feature in international rankings. Currently, none of the African business schools are in the top 100 of the Financial Times ranking for MBA programs. However, some, such as the University of Cape Town Graduate School of Business (UCT GSB) and Wits Business School, may hold high positions in other international rankings like QS and The Economist


Master's Programs at African Business Schools

University of Cape Town Graduate School of Business (UCT GSB) – South Africa

FT Ranking: UCT GSB consistently ranks in the top 100 of the Financial Times global ranking for the best MBA programs, being one of the few African schools on this list.
Programs: Key offerings include:
  • MBA (one of the most recognized in Africa)
  • Master of Commerce in Development Finance (specialization in development finance within the African context)
Location: Cape Town, South Africa – one of the largest cities in the country, known for its developed infrastructure and business opportunities.
Cost: MBA – approximately $28,000 USD.
Scholarships: UCT GSB offers various scholarships for international students, including scholarships for women in business and support for students from low-income countries

Stellenbosch University Business School (USB) – South Africa

FT Ranking: USB consistently ranks in various listings, with its MBA program recognized as one of the best on the continent.
Programs: USB offers the following master's programs:
  • MBA
  • Master of Management in Development Finance
  • MPhil in Management Coaching
Location: Stellenbosch, a picturesque university town near Cape Town.
Cost: MBA – approximately $22,000 USD.
  • Scholarships: USB provides a range of scholarships, including international and corporate support programs

The American University in Cairo School of Business (AUC) – Egypt

FT Ranking: AUC is recognized as one of the leading schools in North Africa but has not yet entered the top international rankings.
Programs: The school offers the following master's programs:
  • MBA
  • Executive MBA
  • Master of Science in Finance
Location: Cairo, Egypt – a major economic and cultural hub of the region.
Cost: MBA – approximately $30,000 USD.
Scholarships: AUC offers various scholarships, including those for students from other African countries and the Middle East, as well as financial aid programs based on academic merit
African business schools continue to evolve and attract the attention of international students due to their high-quality programs, growing recognition in rankings, and strategic locations in key economic centers. South African schools, such as UCT GSB, USB, and GIBS, are among the leaders on the continent and offer strong master's programs focused on finance, development, and international business. The cost of education at African schools is generally lower than in the U.S. or Europe, making them an attractive option for students from emerging markets
Learn more about the programs