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Ever thought of doing an MBA? Here are some interesting facts to consider…

It’s a bit like marriage. You can only really comment once you’ve gone through it.

Professor Nicola Kleyn, Gordon Institute of Business Science

It [entrance requirements] varies enormously from school to school... they’ll look at your career path and qualifications… Some do entrance tests…

Professor Nicola Kleyn, Gordon Institute of Business Science

Corporate funding [for MBAs] is typically going down, but when we start looking at the skills development levy – particularly if you’re black – there are opportunities to engage with corporates and say, ‘Fund me, and you can claim it back in terms of the skills development levy’.

Professor Nicola Kleyn, Gordon Institute of Business Science

The Master of Business Administration (MBA) degree originated in the United States in the early 20th century when the country industrialised and companies sought scientific approaches to management.

The world’s first business school was The Wharton School of the University of Pennsylvania, founded in 1881.

The Harvard Graduate School of Business Administration created the first ever MBA programme in 1908.

The first MBA offered outside the US was created in 1950 by the Richard Ivey School of Business at The University of Western Ontario.

The University of Pretoria followed a year later.

The University of Stellenbosch Business School offers the best MBA in South Africa, according to international education rating agency Eduniversal.

The Money Show’s Bruce Whitfield interviewed Professor Nicola Kleyn, Dean and Marketing Expert at Gordon Institute of Business Science, for his weekly "The Science Of" feature.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

It’s not just seen as a way to climb the corporate ladder anymore… It’s hard to run a business. There’s a skill set required…

Professor Nicola Kleyn, Gordon Institute of Business Science

In the US schools; the guys who are doing MBAs are young… I would guess the average age at about 24 or 25…

Professor Nicola Kleyn, Gordon Institute of Business Science

Education can make you aware of ethical consequences…

Professor Nicola Kleyn, Gordon Institute of Business Science

There are lots of rankings… The main one is the Financial Times ranking… they rank different things… Gibs is the only African business school that is ranked [by FT]… 40% of the FT ranking was based on the salary increase…

Professor Nicola Kleyn, Gordon Institute of Business Science

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