MBA 2016

www.usb.ac.za

ACCREDITED

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Welcome to USBUSB’s internationally accredited MBA•3internationalaccreditations: AACSB,EQUISandAMBA

•Strongfocusonleadershipdevelopment•GlobalperspectivewithuniqueAfricaninput•InternationalStudyModule•Internationalfacilitatorsonelectivecourses•Personalsupportandengagingclientservice•Proudtraditionofproducingorganisationalleaderssince1964

We stand for responsible leadershipTheUniversityofStellenboschBusinessSchool,locatedintheTygerValleybusinessdistrictinthenorthernpartofCapeTown,offersanMBAfocusingonahighly personalisedleadershipdevelopmentjourney.USBisrecognisedasatopschoolintheinternationalbusinessschoolnetwork.ItwasthefirstschoolfromanAfricanuniversitytoreceiveall3internationalaccreditations:AACSB,EQUISandAMBA.Overall,westrivetodevelopresponsibleleadersthroughwell-groundedbusiness educationandresearch.

Welcome to USB .......................................................................................... 1Messages ........................................................................................................ 2

• FromtheDirectorofUSB• FromtheProgrammeHead

Why study at USB? ..................................................................................... 4Central location ........................................................................................... 6USB’S new professional MBA ............................................................... 8What can I do with a USB MBA? .......................................................... 9More about the MBA ............................................................................... 10

• Leadershipasacoretheme• CustomisingyourMBA• TwoMBAformats:full-timeandmodular• Twolanguageoptions

Programme contents ............................................................................... 13• CompulsoryMBAmodules• Electives

What else do you need to know? ...................................................... 15• Admissionrequirements• Selectiontests• Threeessays• Interviewbyanalumnus• Creditsforcompletedmodules• Transferofcreditsfromsubjectscompletedelsewhere• AssessmentofMBAstudents’deliverables

• Assessmentandrecognitionofpriorlearning• Bridgingmeasuresforprospectivestudents• MBAInformationSessions• Timemanagement• Groupworkanddiversity• Additionalinformationforforeignstudents

Dates .............................................................................................................. 18• MBAtimetablesfor2016• Deadlineforapplications

How to apply ............................................................................................. 18• Applyin4steps

•Whathappensnext?Programme fees and financing ........................................................ 19

• Programmefeesfor2016• Financing

What do USB students and alumni say? ..................................... 20After your studies: Becoming a USB alumnus .......................... 21More about USB and its students ................................................... 22

• MBAstudentprofile• Accreditation,membershipsandacknowledgements• Portfolioofacademicprogrammes• Faculty• World-classfacilities,resourcesandservices

Frequently asked questions .............................................................. 25Contact details ......................................................................................... 27

Contents

TheUniversityofStellenboschBusinessSchoolisoneofthefewTripleCrownschoolsintheworld–schoolswiththethreemajorinternationalaccredita-

tions,namelyAACSB,EQUISandAMBA.Youthereforeknowinadvancethatthestandardofouracademicprogrammes,infrastructureandlearnersupportisworld-class.

This is what you need to know about USB:

• WearedeeplycommittedtoAfrica,butatthesametimeweeducateyoutofunctioninaglobalbusinessworld.

• Wewillleadyoutostudythelatesttheoriesinaparticu-larfield,butalsoprovideyouwithopportunitiesforthepracticalapplicationinyourbusiness.

• Wewillwalktheroadtosharpenyourcriticalthinkingabilities,butalsoigniteyourpassionforbetterbusinessskills.

• Wewillwidenyourstrategicvision,butalsoequipyouwithoperationalskillsinfieldslikeleadership,financeandmarketing.

• Wewillcarefullyselectyoutoenterintooneofourprogrammes,butthenengagewithyoutoleaveusasachangedperson.

WhatelseshouldyouknowabouttheSchool?Overandaboveourinternationalaccreditations,wewouldlikeyoutoknowaboutourglobalconnections,ourcooperationwiththebusinesssector,ourapproachtoqualitytraining,therelevanceoftheresearchweundertakeandtheinnovativeacademicprogrammesthatweoffer.WewouldalsolikeyoutoknowthatifyoucometoUSB,wewillchangeyourlifeforthebetter.

Ultimately,everythingwedo,includingourcollaborationwithStellenboschUniversity,isaimedatbringinghopetoAfricaandtotheworld.

Fromthe director ofUSBProfPietNaudé,USBDirector,UniversityofStellenboschBusinessSchool

‘Ultimately,everything wedo,includingour collaborationwith StellenboschUniversity, isaimedatbringinghopetoAfricaandtotheworld.’

02 | MES S AGE S

Overthepastfivedecades,USBhascontinuallyimproveditsMBAprogrammetomeetcomplexchallengesintheSouthAfrican,Africanandglobal

businessenvironment.In2016,USBwillintroduceitsnewprofessionalMBAprogramme.ThisMBAhasbeenrede-signedintosignificantlyshortenedformats,namelytheFull-timeMBAoveroneyearandtheModularMBAovertwoyears.BotharepresentedatNQFlevel9.TheprofessionalMBAaimstotrainprofessionalswhocancontributetothedevelopmentofknowledgeandtoinnovativeleadership.TheMBAdegreeisthereforearelevantandsolidinvest-mentthatpreparesindividualsforadvancedandspecialisedprofessionalemployment.

OneofthegreatestbenefitsofdoinganMBAisthatstu-dentscanimmediatelystarttoimplementtheirlearningintheirworkenvironmenttohelpresolveproblems.

Managementtools,techniquesandhardskillssuchasstrategicmanagement,economics,financeandmarket-ingareimportantcorecompetenciesoftheMBAgraduate.However,thesoftskillsacquiredontheprogrammeareespeciallyvaluedbyemployersandstudents.Softskillssuchasleadershipandcommunicationskills,adaptability,flex-ibilityandself-awarenesscanbeappliedacrossamyriadofprofessionalenvironments,andareinhighdemandinthebusinessenvironment.

OneofthekeydifferentiatorsofUSB’sMBAistheLeadershipModulewhichdevelopsleadersasindividualswiththeirownauthenticleadershipstyles.TheInternationalStudyModuleatforeignbusinessschoolsoffersstudentsaglobalperspectivethatsupportstheotherelementsoftheMBA.Tofurtherenhanceglobalperspectivesmostelectivesarepre-sentedbyinternationalfaculty.Thecollaborativeapproachtolearningthroughgroupwork,theanalysisofcasestudiesandnetworkingcombinedwithindividualworksupporttheanalysisofbusinessproblemsandthedevelopmentofsolutions.

USB’sprofessionalMBAprovidesatransformativeexperi-ence,withnewanddifferentviewpointsoncurrentandfuturebusinesschallenges.ThisenhancestheMBAgradu-ate’srelevanceinthebusinessenvironment.

FromtheMBAprogrammeheadDr Marlize Terblanche-Smit,Head:MBAProgramme,UniversityofStellenboschBusinessSchool

‘USB’sMBAprovidesa transformativeexperience,withnewanddifferent viewpointsoncurrentandfuturebusinesschallenges.’

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TheUSBAdvantage

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The USB MBA comes with quality guarantees in the form of AACSB, EQUIS and AMBA accreditation. USB was the first school from an African university to hold all three interna-tional accreditations for business schools.

InternationalexposureStudentswillexperiencetheinternationaldimensionatworkattheSchool.TheSchool’sinternationalparticipationisdemonstratedbyitsthreeinternationalaccreditations,itsinternationalstudentbody,visitinginternationalfacultyandexchangestudents,thecompulsoryMBAInternationalStudyModuleataforeignbusinessschool,itspresenceinmanypartsoftheAfricancontinent,andpartnershipswithbusinessschoolsonallcontinents.

Africa-focusedexpertiseUSBisyourbusinessknowledgepartnerinAfrica.TheSchoolhasbecomeknownforitsAfrican-focusedexpertiseinareassuchassustainabledevelopment,futuresresearch,developmentfinance,ethicsandcorporategovernance,personalleadershipdevelopment,managementcoachingandemerging-countryeconomics.

Collaborativelearning CollaborativelearningisakeyfeatureofUSB’sMBA,andthisintenseengagementcontributestothelife-changingexperienceofdoinganMBAwithus.Eachstudentbringsuniqueknowledgeandmanagementexperiencetothetable.Theycomewithdifferentundergraduatequalifications,industryexperienceandculturalbackgrounds.Thisdiversityenablesstudentstolearnfromoneanotherandtoworkwithdifferentperspectives.Inaddition,USB’sstudentsarematurestudents.

international accreditations

AstrongfocusonleadershipdevelopmentformspartofUSB’sprogrammes–inparticularitsMBAandPostgraduateDiplomainLeadershipDevelopment.USB’sleadershipexpertiseisbenchmarkedagainstinternationalstandardsandisendorsedbyagrowingbodyofrespectedresearchinstitutions.

Leadershipdevelopment

3

CareerdevelopmentUSB’sCareerServicespreparesstudentsfortheirnextcareermoves.Servicestostudentsincludecareerplanninganddevelopment,andexposuretocareeropportunities.Workshopspreparestudentsforjobinterviews,assistthemtoprepareCVsandshowthemhowtonetworkeffectively,amongotherthings.Companiesdoregularon-campuspresentationsandstudentshaveaccesstocareer-relatedresources.

SocialengagementUSBengageswithsocialissuesinitsresearchagenda,academicprogrammesandaspartofitssocietalengage-mentprogramme.Theschool’smainsocialinitiativesareitsSmallBusinessAcademy,itssubsidisedManagementProgrammeforNon-profitOrganisationsanditsbursaryscheme.MBAstudentsareexposedtosocialengagementprojects,helpingthemtounderstandtheroleofbusinessinsociety.

networkinganddiversityOnyourMBAjourney,youwillcollaboratewithpeoplefromawiderangeofculturesandcountries.StudentscomefromalloverSouthAfrica,therestofAfricaandtheworld.Thisdiversitywilladddepthtoyourlearningexperienceandhelpyoutobuildvaluablenetworksofbusinesscontactsandfellowstudentsthatwilllastyoualifetime.Upongraduation,youbecomepartoftheUSBAlumniAssociationwithitsmorethan20000members,offeringaccesstocontinuedlearning,networkingandmore.

BusinessconnectionsUSB’sclosecooperationwithindustryensuresanacademicofferingalignedwiththeneedsoftheworldofwork.AreasofallianceandcollaborationincluderepresentationbythelocalandinternationalbusinesscommunityontheUSBAdvisoryBoardandontheSchool’sacademicprogrammeadvisorycommittees(Roundtables).PartnershipsbetweenUSBandindustryincludesocietalinitiativessuchastheUSBSmallBusinessAcademy.Italsoincludesthefundingofstudentsandtheinvolvementofalumniintheschool’sactivities(e.g.asmentorsofnewstudents).

USB creates business knowl-edge through its research centres, academic conferenc-es and seminars, a research fellowship programme, the research undertaken by its faculty members and stu-dents, and its partnerships with the business industry and other academic institu-tions. The School shares its research with its students from all over the world, as well as with stakeholders such as alumni and business leaders.

Business knowledge

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School withaview

AsSouthAfrica’ssecondmaineconomiccentre,CapeTownoffersaworldofpossibilitiesforbusinesspeople.Thecityhasathrivingservice-basedmetropolitaneconomywheregrowthisoftendrivenbyinnovation.

In2014,WorldTravelAwardsratedCapeTownasAfrica’sleadingtraveldestination.

CapeTownastopdestination

CapeTownislocatedinabiodiver-

sityhotspotcalledtheCapeFloralKingdomwhichhas9600plantspecies,70%ofwhicharenotfoundany-whereelseintheworld.

9 600SouthAfricahasthelongestwineroutein

theworldsome800kminlength.

800

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CentrallocationThehilltopcampusofUSBissituatedintheever-expandingTygerValleybusinessdistrict,whichisabouthalfwaybetweentheCapeTownCBDandStellenbosch,homeofUSB’smotherinstitution,StellenboschUniversity.

Thecampusisclosetomainaccessroutes,theCapeTownInternationalAirport,shoppingmalls,sportsfacilities,entertainmentandfirst-classmedicalfacilities.

AlsowithineasyreachareattractionssuchastheV&AWaterfront,CapePoint,TableMountain(aWorldHeritagesiteandoneofthenewSevenWondersoftheWorld),RobbenIsland,KirstenboschBotanicalGardensandtheneighbouringBolandareawithitsculturalheritage,scenicbeautyandworld-famouswinelands.

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new,shorterMBAUSB’sMBAprogrammehasbeenredesignedtobetterfulfiltheneedsoftoday’sstudents.Theprevious(longer)MBA,presenteduptill2015,hasnowbeenrestructuredintoa213creditprogrammeonNQFLevel9.AllformatsoftheUSBMBAhavebeenshortenedsignificantlyandthistakeseffectfrom2016.

WhatdoesUSB’snew MBAlooklike?• Full-time MBA: 1yearoffull-timeclasses• Modular MBA:2yearsofclassespresentedin

9blocksof1weekeach

WhatneedstobeinplaceforthenewMBA?Theredesignhaspartlybeenaresultofthenewrequire-mentsoftheSouthAfricanCouncilonHigherEducationthatraisedtheentryrequirementsoftheMBApro-grammeinSouthAfrica.ProspectivestudentsarenowrequiredtohaveoneofthefollowingqualificationsbeforetheyareallowedentryintotheMBA:• 4-yearBachelor’sdegree• Honoursdegree• 3-yearBachelor’sdegree+PostgraduateDiploma

Studentsapplyingforthe2016MBAmustthereforehaveanappropriateNQFLevel8qualification.USBintroducedanew1-yearPostgraduateDiplomainBusinessManage-mentandAdministration(NQFlevel8with120credits)in2015topreparestudentsfortheMBAandmakethemeligibleforentryintotheMBA.

USB’snEW1-yearprofessionalMBA

From2016onwards:•Full-time MBA:1year(2yearsinthepast)•Modular MBA:2years(3yearsinthepast)Youwillbeabletocompleteyourclassprogrammeandresearchassignment within1yearontheFull-timeMBAandwithin2yearsontheModularMBA.

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OperateonseniormanagementlevelTheUSBMBAwillgiveyouanastuteunderstandingofallaspectsofbusiness,enablingyoutooperateonseniormanagementlevelinanyindustry.Youwillknowhowtoimplementstrategies,solvecomplexproblemsinanincreasinglycompetitiveandvolatileenvironment,operateinaglobalenvironmentandunderstandtheroleofbusinessinsociety.Youwillalsobeabletointerpretfinancialstatements,assessoperationalpoliciesanddevelopmarketingstrategies.

FunctiongloballyTheUSBMBAcurriculumisdesignedtodevelopyouasaleaderwhocanfunctionin

anyposition,anywhereintheworld.YouwillattendanInternationalStudyModuleataforeignbusinessschoolandtouchbasewithglobalcompanies.Youwillmeetinternationallecturersinclass.Inaddition,USB’spartner-shipagreementswithover80oftheworld’stopbusinessschoolsholdthepotentialofexchangestudies,participa-tionininternationalcompetitionsforMBAstudents,engagementandnetworking.

LeadwithconfidenceYouwilllearntoleadindifferentcontextsafteryouhavecompletedthePersonalLeadershipDevelopmentJourney.USB’sMBAisstronglycom-mittedtoyourdevelopmentasaleader,focusingonpersonalleadership,relationshipleadershipandorganisationalorstrategicleadership,ultimatelydeliveringleadershipperformanceandorganisationalperformance.

ThinkcriticallyBuildingandholdingan

argumentarecompetenciesthatwillhelpto‘future-proof’yourcareer.Criticalthinkingskillswillequipyouwiththeabilitytothinkwellandarguesoundly.This,combinedwithanalyticalandstrategicskills,willhelpyoutorecogniseeconomic,socialandotherpatterns,andtocreaterobustactionplanstorespondtotheunexpected.

Understandtheinterlinkedrolesof organisationaldepartments USB’sMBAgivesyouathoroughunderstandingoftheinterlinkedrolesofallthefunctionalareas

ofanorganisation–includingfinances,operations,ICT,marketing,peoplemanagementandsupportservices.Thiswillenableyoutounderstandtheimpactofeachsection’sworkontheentireorganisationandtomanagethealignmentofeffortsandresourcestowardsmovingthebusinessforward.

WhatcanIdowith aUSBMBA?

USBMBAisaimedatproducingleaderswhocanbeemployedatseniormanagementandhigherlevelsinanyindustryandinlocation.Youwillthereforegainacontextualunderstandingofbusinessandimprovedself-awarenessleadingtoenhancedleadershipabilities.Thiswillstrengthenyourabilitytocommunicateeffectively,tosharpenyouranalyticalskills,tosolvecomplexproblems,tointegrateenvironmental,socialandgovernance(ESG)principlesinyourdecision-making,andtodoresearch.

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‘WhenIappliedfortheUSBMBAIsoughtexposure,leadershiptrainingandpersonalgrowth.Havingworkedforgovernment,IwasawareofthechallengesandneedfordynamicandsituationalleadershipasKenyaentersaphaseofeconomicprosperity.ThankstoUSBIamnowequippedwithrelevantknowledge,skillsandtherightattitudetomakeadifferenceinmycountrybothintheprivateandpublicsectors.’

– Collins Nzakala Sifuma, 2014 Full-time MBA, AuditAssociate,OfficeoftheAuditorGeneral,Kenya

• Process: Youutilisearangeofself-ledadultlearningandleadershipdevelopmentprocessestostrengthenandgrowyourselfasaleader.

Onthisjourney,studentswillacquaintthemselveswithboththetheoryandpracticeofleadershipthrough:• Exploringandenhancingpersonalauthentic

leadership• Narrativelearning• Experientiallearning• Work-basedandactionlearning• Reflectivelearningandconfronting“knowledge”thatis

“nottrue”• Leveragingstrengthsanddevelopmentpotential• Addressingderailmentrisks.

Ultimately,thisiswhatUSB’sLeadershipDevelopmentModulepromisesyou:You will leave USB being who you need to be as a leader. In addition, you will leave USB with what it takes to exercise leadership effectively.

MoreabouttheMBA

LeadershipasacorethemeUSBbelievesleadersaredeveloped,notborn.There-fore,eachMBAstudentfollowsUSB’sPersonalLeader-shipDevelopmentJourney(PLDJ)intheLeadershipDevelopmentModule.Thisjourneyfocusesonpersonalleadership,relationshipleadershipandorganisationalorstrategicleadershipwhichultimatelydeliverleadershipperformanceandorganisationalperformance.USB’Sapproachtopersonalleadershipdevelopmentisendorsedbyagrowingbodyofrespectedresearchandevidence.ThePLDJfocusesontheprocessofdevel-opmentandutilisesevidentialtheoryandcontenttostimulatethethinking,learninganddevelopmentoftheindividualasaleader.ThetwodimensionsoftheUSBPLDJinvolveyouinthefollowing:• Content: Facultymembersintroduceyoutocontent

throughlectures,readings,videoclips,casestudies,classdiscussions,etc.

Levelsofleadershipdimensionsandcompetencies acquiredonUSB’sMBALeadershipdevelopmentModule

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Organisational/ strategic

Relationship leadership

Personal leadership

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Intelligence competencies

Leadership dimensions

Systems thinking

Emotional Intelligence

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Social Intelligence

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Cognitive Intelligence

competencies

The USB MBA aims to give you a clear understanding of how to manage a business responsibly in an African and global multicultural environment. It’s about acquiring the intellectual ability to recognise social, economic and other patterns, to argue in a critical fash-ion, to innovate, to embrace the complexities of today’s business and social environment, and to come up with solutions.

USB’s MBA is rigorous. It is underpinned by solid quantitative subjects and complemented by interpersonal and leadership skills.

Collaborative learning – where students learn from each other – is a key feature of the USB MBA. What makes this valuable is the unique knowledge and managerial experience that each student brings to the table. USB’s students are mature people; 36% of them have between 7 and 11 years of work experience while 43% have 12 or more years of work experience.

The people at USB are focused on delivering the best possible client service by engaging with students in and outside the classroom.

• France – Grenoble School of Management, Grenoble: TechnologyManagementandInnovation

• France – Kedge Business School, Marseilles: DrivingSustainableChangewithintheFirm

• Canada – Laval University, Quebec: TheInfluenceofCultureonBusiness,illustratedinthecontextsofQuébecandNorthAmerica

• Netherlands – Maastricht University, Maastricht: EuropeanManagementResidency:DevelopingTalentTogether

• Brazil – Austral Group, Sao Paolo:DoingBusinessinBrazil:Culture,Opportunities&Challenges

• USA – University of South Alabama, South Alabama: RealizingPotential:TheIntegrationofPortFacilitiesandManufacturinginMobile

• Morocco – ESCA School of Business, Casablanca:Do-ingBusinessinNorthAfrica:GeopoliticsandStrategy

• Germany – Mannheim Business School, Mannheim: Entrepreneurship,Start-upsandMarketing

doresearchtogain businessknowledgeConcurrenttotheMBAandbuildingonthecontentoftheMBA,studentswillwriteaResearchAssignmentof50to70pagesonabusinessormanagement-relatedproblem.Theseassignmentsarepractice-orientedandmaybebasedonthestudent’sworkingenvironment,thusben-efitingemployerandstudent.Researchapproachesmayincludecasestudies,feasibility/businessplans,marketingplans,strategicplans,econometricresearch,exploratorystudiesandstudiesbasedonsurveysand/orinterviews.Theresearchassignmentisexpectedtocompriseoriginal,criticalandinsightfulresearchtoadddepthtostudents’learningexperienceandknowledgeofreal-lifebusiness.

Optional:Exchange studiesabroadMBAstudentscanchoosetocompletepartoftheirstudiesatoneofUSB’soverseaspartnerschools.ThiswillenablethemtoearncreditstowardstheUSBMBAbydoingamoduleorsummerschoolabroad.Exchangestudiesareoptional.

ChooseelectivestoacquireareasofspecialisationStudentscanchoosetwoelectivesfromanextensivelistoftopics.Theelectiveshavebeenclusteredintothemes:

• Strategy• Marketing• Developingmarkets• Leadership• Finance• Projectmanagementand• Other/Managementenhancement.

Choosingbothelectivesfromthesametheme–sayCompetitiveIntelligenceandGlobalBusinessStrategyfromtheStrategycategory–allowsstudentstoacquireanareaofspecialisation.

UsetheInternationalStudyModuletogrowaglobalmind-setAllMBAstudentsneedtodothecompulsoryMBAInter-nationalStudyModuleataforeignbusinessschool(oneofUSB’spartnerschools)toenhancetheirinternationalexposure.ThecostofthismoduleisincludedintheMBAstudyfees.

Theaimofthisstudytouristodevelopmanagerswithglobalmind-sets.Itisaboutpreparingthemtoworkinaglobalenvironment,andhelpingthemtounderstandculturaldifferencesinordertoturnculturalcompetenceintoacompetitiveadvantage.Itisalsoaboutdevelop-ingleaderswithanawarenessoftheethicsandvaluesoftoday’sbusinessspace.

Allthestudytoursincludecompanyvisitsandculturalactivities.In2015,forexample,MBAstudytourswereundertakentoFrance,Germany,theNetherlands,theUSA,Canada,Brazil,Morocco,JapanandChina:• Japan – Exeter Business School, Yokohama:Managing

aroundtheWorld:InternationalRoundtablesforPractis-ingManagers

• China – SKEMA Business School, Shanghai: DoingBusinessinChina

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CustomiseyourMBAThecontentoftheMBAconsistsof18compulsorymodules(whichincludetheInternationalStudyModuleataforeignbusinessschoolandtheflagshipLeadershipDevelopmentModule)and2electives.

Studentscancustomiseapproximately30%oftheirMBA,dependingonwhichelectivesandInternationalStudyModuletheyselectandonthetopicoftheirResearchAssignment.

Reasons to choose our Full-time MBA

• Increasedinternationalexposure:IntheFull-timeMBAclass,youwilljoininternationalstudentsfromallovertheworld,allowingyoutolearnfromtheirexperiencesandculturalbackgrounds.

• Single-mindedfocus:Immerseyourselfinyourstudies(11monthsofclasses)withoutthedemandsofajob.

• Careerchange:Takeabreakfromfull-timeemploymentandprepareyourselfforanewcareer.OurMBAisaimedatpreparingyoutomanageuptoboardlevelandtoleadwithconfidence.

• Contactwithbusinessenvironment:Makethemostofthemanyspeakerandnetworkingeventsinclassandoncampus.

Reasons to choose our Modular MBA

• Studywhileyouwork:Thisblockreleaseprogrammeispresentedinfocusedblocksofoneweekeach(uptofourblocksperyear),whichwillenableyoutoattendlectureswithoutinfringingtoomuchuponyourworkobligations.Thisarrangementwillen-ableyoutomakethemostofyourtimeoncampus.

• Applyskillsimmediately:Implementyournewbusinessskillsatworkimme-diatelywhilegettingsupportfromUSB.

• StudyatUSBevenifyoulivefurtherafield: StudentsfromalloverSouthAfricaandfromvariousotherAfricancountrieschoosethisoptionbecausetheyneedtotraveltoUSBonlyafewtimesayear.

andgroupdiscussions,blendedwithcoursemate-rialcomposedofcomprehensivecourseoutlines,textbooksandjournalarticles.Studentshavetobethoroughlypreparedforalllecturessoastoextracttheoptimalbenefitfromcontactsessionsandcollaborativelearning.

• Learningactivitiesincludelectures,guestlecturesbypractitioners,tutorials,syndicategroups,practicalworkplaceexperienceandindependentself-study.

• Studentsareassessedonaflexibleassessmentbasis.Thefinalperformancemarkisbasedon,amongothers,onlineassessments,classtests,groupwork,individualandgroupassignments,classparticipationaswellaspresentations.Theflexibleassessmentsystemimpliesthattherearenosupplementarytestsoropportunitiesfortheresubmissionofassignmentstoimprovegrades.

• StudentscanchoosebetweentheFull-timeMBAoveroneyearortheModularMBAovertwoyears.TheFull-timeMBAispresentedinEnglishandstartsinJanuary.TheModularMBAhasthreeintakes:theModularMBA(English)startinginJanuary,theModularMBA(English)startinginFebruaryandtheModularMBA(mainlyinAfrikaans)startinginFebruary.

• AllclassesarepresentedattheUSBCampusintheTygerValleybusinessdistrictinnorthernCapeTown.

• StudentsintheModularMBAclassattend9blocksofclassesof1weekeach,spreadover2years.Duringamodularblock,classesarepresentedfromMondaytoSaturday.ThisformatallowspeoplefromalloverSouthAfrica,otherAfricancountriesandfurtherafieldtoattendclasses.TheModularMBAhasvariousintakes.

• Allclassesaresupplementedbyweb-basedsupport.Thecoursecontentisembodiedinaseriesoflectures

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Full-timeorModular?

TwoMBAformats:Full-timeandModular

speakAfrikaans.ThismakesUSBtheonlybusinessschoolthatofferscontactsessionsinAfrikaans.ThisallowsAfri-kaans-speakingstudentstodotheirMBAintheirhomelanguage.ParticipantsonthisprogrammemustbefullybilingualinEnglishandAfrikaans.Thecurriculumandtextbooksareexactlythesameasfortheothergroups.

TwolanguageoptionsAlltheprogrammesarepresentedinEnglishexcepttheoneModularMBAwhichispresentedmainlyinAfrikaans.

ClassesontheAfrikaansModularMBAarepresentedinEnglishonlywherelecturers(e.g.fromabroad)donot

This section covers the compulsory modules and the electives. The compulsory modules include the Research Assignment, which spans the entire MBA, and the International Study Module at a foreign business school.

Please note that USB reserves the right to modify the contents of subjects and to combine subject matter for better integration of learning areas. This is in the interest of continuous improvement of the curriculum.

Programmecontents

Contemporary Decision-MakingThismodulecoverssystemsthinking;complexproblemsolving;problemstructuringmethods;multiplecriteriadecisionanalysis;linearprogramming;andsimulationmodelling.

Corporate FinanceThismodulefocusesontheaimsandfunctionsofcorpo-ratefinance,financialanalysis;managementofworkingcapital;financialmarkets;strategicinvestmentandfinanc-ingdecisions;dividends;costofcapital,riskandrequiredrateofreturn;valuationandacquisitions;andanintroduc-tiontoderivativeinstruments.

Digital Enterprise ManagementThismodulecoversoperatingmodels,customervaluepropositionsandthedigitaltransformation;frombusi-nessstrategytoITarchitecture;ISinvestmentdecision,competitivenecessity,competitiveadvantageandrulechanginginnovation;TechnologyAcceptanceModel,thetechnologyhypecycles,thetechnologyadoptioncurve,changemanagement;enterpriseinformationsystems(ERP/CRM/ECS);systemsconfigurationandcustomisa-tion;decisionmakingwhenfacedbybigdata;humancomputerinteraction;datavisualisation;buyvs.builddecision;systemsdevelopmentlifecycleanditerativedevelopmentmethods;ISimpactonbusinessriskfromasecurityandethicalperspective.

Economics for ManagersThismodulecoversthemeaningofeconomicsandeconomicsystems,economicsinfluencesonsociety;themeaningandchallengesofglobalisationandinternation-aleconomicintegration,especiallywithregardtoanopendevelopingeconomy;theAfricancontext;theapplicationoftheprinciplesofsupplyanddemandinamarketecon-omy;theimplicationsoftheinteractionbetweenchangesinoneormoreofawiderangeofmacro-economicforces;economicgrowthanddevelopment;inflation;unemploy-ment;thebalanceofpaymentsandexchangerates;thereasoningbehindeconomicpolicydecisions,andtheimpactofsuchdecisionsonthemanagerialfunction.

The compulsory MBA modules AccountingforDecision-Making(8credits)BusinessCommunicationSkills(4credits)BusinessinSociety(8credits)ContemporaryDecision-Making(12credits)CorporateFinance(12credits)DigitalEnterpriseManagement(8credits)EconomicsforManagers(8credits)HumanCapitalManagement(8credits)IntegratedCaseStudies(8credits)InternationalStudyModule(8credits)OperationalExcellence(8credits)PerspectivesonAfricanFrontiers(8credits)ManagerialAccounting(8credits)ManagerialStatistics(8credits)ResearchMethodologyandAssignment(45credits)StrategicManagement(12credits)StrategicMarketingandBranding(8credits)Values-BasedLeadership(16credits)

Accounting for Decision-MakingThismodulecoversmanagementandfinancialac-counting;internalfinancialinformationusedinmakingstrategicdecisions;externalfinancialinformation;costingsystems;budgeting;andtheinterpretationandanalysisoffinancialstatementsandhistoricalreviewsintheSouthAfricanregulatoryenvironment.

Business CommunicationThemoduleisabouteffectiveoralandwrittencom-municationinaconnectedglobalworld;interactiveandpracticalapproaches;theelementsofpersuasivewritingandthewrite-tighttechnique;reader-centredlanguage,styleandstructure;andpresentationskillsfocusingonengagingdifferentaudiences.

Business in SocietyThismodulefocusesonthecapabilityofstudentstoexerciseresponsibleleadershipthroughsounddecisionmakinginmattersrelatedtotheenvironmental,socialandeconomicimpactofanorganisation’sactivities.Itincludestheconceptual,strategic,operationalandregula-toryaspectsthatleadersandmanagershavetoconsiderandincorporateintheprocessofoptimisinganorganisa-tion’scontributiontosustainabledevelopmentinalocalandglobalcontext.

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14 | L E Arn I nG C On T En T S

Perspectives on African FrontiersThismoduleisaimedathelpingstudentstodevelopanawarenessandunderstandingofthediversityofAfricancountriesandthebusinessopportunitiesthisprovides;focusesonthemainfactorsthatimpactondoingbusinessinandwithinAfrica.

Research AssignmentTheResearchAssignmentmodule(45SAQAcredits)formsanintegralpartoftheUSBMBA.Themodulecomprisesthreedistinctactivitiesoflearning.Thefirstactivitycomprisestheteachingofanappropriateresearchmethodologyfoundationinclass.Thesecondactivityisaworkshop-basedphasetoguidestudentstodeveloparesearchproposal(withtheassistanceoffacultymembersinthedisciplineoftheirinterest).Thethirdactivityistheactualresearchassignmentinwhichstudentsworkindependentlytowardsaccomplish-ingtheirresearchobjectives,undertheguidanceofasupervisor.

Strategic ManagementThemoduleisacapstonecourseontheMBAwheretheknowledgeandpracticesassociatedwiththedifferentfunctionalmanagementareasiscombinedwiththethinkingframesandpracticesofstrategicmanagementtocreateanintegrativeperspectiveonaGeneralMan-agerlevel(Levelsofworkcomplexity4/5).Thismoduleisdividedintosixthemes:Thephilosophyofstrategy;Strategydevelopment;Strategyinnovation;Strategyexecution;Entrepreneurship;andManagerialinnova-tion.ThefollowingoverarchingstrategicthemesfromtheMBAwillbereinforcedinthecontentofthismod-ule:Entrepreneurship,Innovation,Complexproblem-solving,StewardshipandtheInternationalcontext.

Strategic Marketing and BrandingThismoduleexploresthestrategicanalysisofor-ganisationalactivitiesfromamarketingpointofview;marketingandbrandstrategyformulation;thefunc-tionalareasofmarketing(4Ps&7Ps)andtheirrelevantapplicationtostrategicmarketingframeworks.

Values-based LeadershipThismoduleisaimedatleveragingthestudent’sownpersonalandauthenticleadershipstyletodevelopsustainablehigh-performanceteamsandorganisationswithinanever-changingworldofwork.Italsocoversthechangingleadershipcontext;authenticandper-sonalleadership;EQdevelopment;andorganisationalchangeandtransformationpractices.

Human Capital ManagementThismodulelooksathigh-performancepeoplemanagement;approachestoorganisationalstructure;careerdevelopment;andtalentmanagement.

Integrated Case StudiesThismoduleservesasanintroductiontothefieldofstrategicmanagement,whilesimultaneouslyprovid-ingstudentswiththeopportunitytoapplythecontentsofmultiplemodulesinintegratedcasesstudies.Threethemesarecovered:Introductiontostrategicthinking;Strategicdirectionandenvironmentalanalysis:strategicawareness&agility;andAnintegratedcasestudyanalysis.

International Study ModuleStudentsdothismoduleataforeignbusinessschool(costsincludedinMBAfees;variousoptionsofferedeachyear).Themodulelooksathowtobusinessinthetargetcountry;relevantmodelsandframeworksofthetheoryofmanagementandrelatedfieldsasappliedinthetargetcountry;theidentificationandexploitingofopportunitiesforbusiness;theculturalandsocietalframeworkofthetargetcountry;challengesofglobalisation;andgeo-economicandgeo-politicalframeworks.

Managerial StatisticsThismodulecoversdatadescription;probability;prob-abilityandsamplingdistributions;estimation;testsofhypotheses;correlation;regression;contingencytables.

Managerial AccountingThismoduleexplorestheunderstandingofmanage-mentaccountingandfinancialaccounting;costconceptsappliedbymanagersininternalfinancialinformation;financialinformationdisclosedinthefinancialstatements(withspecificfocusonthecashflowstatementandthemanagementofcashflows);sustainablegrowthrate;andfinancialhealth.

Operational ExcellenceThismoduleunpacksthefollowing:resources,capabilitiesandtheimpactonoperationsstrategy;thetransformationprocessdesignandvaluestreammapping;continuousimprovementandbusinessprocessdesign;theBullwhipeffectandglobalsupplychains;SCOREmodel;measuringoperationalexcellence;TheoryofConstraints;SixSigma;LeanOperations;qualitycontrolandtheroleofstatisticaltechniquesinquality;theimpactoftechnologyonopera-tions.

A P P L I C A T I On |15

Whatelsedoyouneedtoknow?

OR• Anappropriate3-yearBachelor’sdegree(NQFlevel7)

andaPostgraduateDiploma(NQFlevel8),andatleast3yearsofrelevantworkingexperience

Note:Theworkingexperienceshouldpreferablybeonmanageriallevel.

Otherrequirements• MathematicsatNNS(Grade12)levelorequivalent• AcomprehensiveCV• 3essays,showingthecandidate’slevelofmotivation

andworkingexperience• AninterviewwithanMBAalumnus• Satisfactoryselectiontestresults

AdmissionrequirementsUSB’sstringentadmissioncriteriaresultinhigherreten-tionandpassrates.From2016onwards,theCouncilonHigherEducation(CHE)inSouthAfricawill,basedonnewregulations,requiresallMBAapplicantstohavea4-yeardegree,a3-yearBachelor’sdegreeplusapostgraduatediploma,oranhonoursdegree.TheminimumadmissionrequirementsforUSB’sMBAinclude:

Academicqualifications• Anappropriate4-yearBachelor’sdegree(NQFlevel8)

andatleast3yearsofrelevantfull-timeworkingexperi-ence

OR• AnHonoursdegree(NQFlevel8),plus3yearsofrel-

evantfull-timeworkingexperience

SelectiontestsUSBacceptstheSHLorGMATselectiontest.Bothtestsarerecognisedinternationally.MakeanappointmentwithUSBtodotheSHLselectiontestontheUSBcampusorelsewhere,orcontactGMATatwww.gmat.com.

ShLTheSHLconsistsofthefollowingparts:• Verbalcriticalreasoningassessment• Numericalcriticalreasoningassessment• Inductivereasoningtest• TheOccupationalPersonalityQuestionnaire(OPQ)

onbehaviouralpreferences.

SHL selection test

1 Verbalcriticalreasoningassessment....................

2 Numericalcriticalreasoningassessment....................

3Inductivereasoningtest....................................

4OccupationalPersonalityQuestionnaire(OPQ).......................

GMATTheGMATconsistsofthreetimedsections,namelyananalyticalwritingassessment,aquantitativeassessmentandaverbalassessment.AcopyoftheresultswillautomaticallybeforwardedtoUSB.Thetesttakesabout4hours.Thistestisnotadmin-isteredbyUSBandbookingstotakethetestcannotbemadewithUSBstaff.ForeignstudentsneedtocontacttheRegionalRegistrationCentreinTheNetherlandson0931320239593.SAstudentsneedtocontactPearsonVUEProfessionalCentreinJohannesburgon+27(0)117843093or0800995044oratjustin.jacobs@pearson.com.Cost:$250.Findmoreinformationatwww.gmat.org,www.gmac.comorwww.mba.com.

Duration: Thetesttakesabout3hourstocompleteandnopreparationisrequiredbeforehand.

When and where: ApplicantsmaydotheSHLtestonsetdatesatUSB(seeUSBwebsite)orbyappointmentatUSBorothercentresinthecountry.

Cost (2016 amounts):R2800(iftakenatUSB).Pleasenote:YoucanonlytaketheSHLtestonceyouhavestartedyourelectronicMBAapplicationprocess,becauseyouwillneedaprovisionalstudentnumberforpaymentsandforSHLreports(whichwillbelinkedtoyourelectronicapplication).ThetotalthereforeisR4400(R2800SHLtest+R1600MBAapplicationfee).Pleaseseebankdetailsbelowanduseyourprovisionalstudentnumberasreference.

Book:ContactUSBontelephone0219184239ore-mailshl@USB.ac.za.

Additional information: Gotowww.shl.co.za

AssessmentofMBA students’deliverablesAssessmenttakesplaceonacontinuousbasisthroughindividualandgroupassignments,tests,discussions,pres-entations,participationandtheanalysisofcasestudies.Allassessmentstakeplaceoncampusduringscheduledclasstimes.DetailedregulationsfortheMBAdegreeareincludedintheCalendarofStellenboschUniversity.

AssessmentandrecognitionofpriorlearningUSBprovideswideraccesstoitsprogrammesthroughitsAssessmentandRecognitionofPriorLearning(ARPL)process.InlinewiththerequirementsoftheCouncilforHigherEducation(CHE),USBmayadmitupto10%ofitsstudentbodyunderARPL.

InordertobeadmittedtoaMaster’sprogrammeatUSB,candidatesshouldbeinpossessionofarelevantNQF8qualification,suchasanHonoursdegree,4-yearin-depthBachelor’sdegreeorapostgraduatediploma.

CandidateswhowishtobeadmittedundertheARPLpolicywillfirstlyhavetosubmitallthedocumentationandtestsasrequiredforallprospectivestudents.Inad-dition,prospective MBA studentshavetoadheretothefollowing:

1HaveatleastanNQF6qualification.

1 6 | A P P L I C A T I On

ThreeessaysWriteanessayofapproximately250wordsoneachofthefollowingtopics:• Competencies:Yourachievements,developedabilities

andsignificantlearningtodate,andareasofcompe-tencethatyoustillneedtodevelop.

• Careerobjectives:WherewouldyouliketobefiveandtenyearsaftercompletingyourMBAandhowdoyouintendgettingthere?

• Personalmotivation:Howdoyoudealwithadversityandstress,whatkeepsyoumotivatedandfocused,andhowdoyouintendcopingwiththeadditionalstressthattheMBAwillcreate?

InterviewbyanalumnusUSBalumniinterviewallqualifyingapplicantstodeter-minetheirmotivationlevels,generalknowledgeofthebusinessworldandabilitytosupporttheirarguments.Theseinterviewsareconductedbyalumniinvariouscities,localandinternationally.Intheeventthatwedonothaveaninterviewercloseby,theinterviewwillbeconductedtelephonically.

Creditsfor completedmodulesCreditsareawardedonaweightedbasispermodule.ThetotalnumberofSAQAcreditsgrantedontheUSBMBAprogrammeis213.

Transferofcreditsfrom subjectscompletedelsewhereUSBsupportstheprincipleofrecognitionofprioraca-demiclearning,althoughthisisonlyappliedinveryselec-tiveinstancesatUSB,becausegroupworkandcollabora-tivelearningarecornerstonesoftheUSBMBA.ToobtainanMBAdegreeatUSB,astudentmustberegisteredatStellenboschUniversityforatleasttwoyearsandatleast50%ofthecreditshavetobeobtainedatthisUniversity.AstudentwhohasbeenadmittedtotheMBAprogrammemayapplyforaccreditationofpriorlearning,providedthatitwasobtainedonanotherMBAprogramme.Studentswantingtoapplyforaccreditationofcreditsobtainedelsewhereneedtosupply:• Anapplicationwhichincludesfullcourseoutlines,

numberofSAQAcredits,learningoutcomes,numberofclasscontacthours,prescribedtextbooks,methodandweightsofassessment,andoutcomesortopicsperclasssession.

• Additionalworkorassessmentsmayberequired.

2HaveatleastSIXyearsofworkingexperienceafterobtainingthequalificationmentionedin1,ofwhichat

leastTHREEyearsshouldhavebeeninamanagementorrelatedprofessionalposition.

3SubmitacomprehensiveCV,indicatingdetailedareasofresponsibilityaswellasinformationonactivities

outsidetheworkenvironment.

4ProvideUSBwithatleasttworeferences(typicallycurrentorformerlineheads)whocantestifyaboutthe

candidate’smanagerialorrelatedprofessionalabilities.Thesereferenceswillberequiredtogiveadetailedper-sonalreferenceaboutthecandidateonformsprovidedbyUSB.

5Next,USB’sAdmissionsCommittee(headoftheprogrammeandanotheracademic)willconductan

in-depthinterviewwiththecandidate.

6IftheCommitteeisoftheopinionthatthecandidatehastheabilitiestocopewiththedemandsoftheMBA

programme,he/shemaybeadmitted.

7ArecommendationofadmissionissentviaUSB’sAca-demicPlanningCommitteetotheBoardoftheFaculty

ofEconomicandManagementSciencesfornotification.

MBAinformationsessionsAcross the country, across bordersUSBhostson-campus,countrywideandcross-borderinformationsessionsfromMaytoOctobereachyear.

Dates and times Seewww.usb.ac.za/mbaorwww.usb.ac.za/eventsfordates,venues,timeslotsandbookingdetails.Ore-mailmba@usb.ac.zaorcall+27(0)219184246.

TimemanagementStudentsneedtobeawareofthetime-consumingnatureofMBAstudiesandtheyneedtoarrangestudytimewiththeiremployersandfamiliesbeforehand.Hereisaroughguideline:forevery1hourspentinclass,studentsneedtosetaside3hoursforself-study(reading,assignments,groupwork,etc.).TheclassprogrammeoftheUSBMBAtakesuparound426hours.Prioritisationwillthereforebecrucial.

GroupworkanddiversityGroupworkinacontextofdiversityisacharacteristicoftheUSBMBA.Peoplefromdiversebackgroundsandwithdifferentstrengthswillbeaskedtoworktogetheronprojectsandtorotateleadershipwithinsuchgroups.Thiswillallowstudentstolearnfromoneanotheranditwillhelptopreparethemforreal-lifesituationsintheworldofwork.

A P P L I C A T I On | 17

Study visa requirements for international studentsAllresidentialstudentswhoarenon-SouthAfricancitizensandarestudyingatUSBrequireastudyvisa.Prospec-tivestudentsshouldcontacttheirnearestSouthAfricanForeignMission(SouthAfricanEmbassy,ConsulateorHighCommission),normallyintheircountryoforigin,toenquireabouttherequirementsforstudyvisasforSouthAfrica.Applicantsarerequiredtopresentthemselvesinpersonsothatbiometricdatamaybecaptured.

StudentsfromWestAfricacanalsocontactUSB’srepre-sentativeforthisregioninNigeriawhilestudentsfromEastAfricacancontactUSB’srepresentativeforthisregioninKenya.(Seecontactdetailsatthebackofthebrochure.)AllinternationalstudentscancontacttheUSBInterna-tionalOfficeforassistanceatinternational@usb.ac.za.

AllinternationalstudentsmustholdavalidvisafortheirintendedactivitypriortoenteringSouthAfrica.

Also note the following:• ObtainingastudyvisafromtheSouthAfricanauthori-

tiestakesapproximately10to12weeksfromthedateofapplication.However,somemissionsmayprocessapplicationssooner.Sufficienttimeshouldbeallowedforstudyvisaapplicationstobeprocessed.

• Yourstudyvisaapplicationshouldincludeacopyofthe

letterofferingaplaceonUSB’sMBA(orotherpro-gramme).ThisletterwillbeprovidedbyUSB’sAcademicAdministrationoncetheapplicationhasbeenap-proved.AplaceontheprogrammemustbeconfirmedbeforeastudyvisaapplicationcanbeconsideredbytheSouthAfricanDepartmentofHomeAffairs.StudentsshouldnotproceedtoStellenboschUniversityorUSBwithoutavalidvisa.

• Althoughapplicantsareexpectedtodetermineexactlywhattheyrequiretoapplyforastudyvisa,theycanexpecttohavetoprovidethefollowing,amongothers:apoliceclearancecertificate,proofofmedicalinsurancerecognisedinSouthAfrica,aradiologicalreport,amedi-calcertificate,proofofsufficientfunds,andanadmis-sionletterfromUSB.YournearestSouthAfricanForeignMissionwillbeabletoadviseinthisregard.Theonusfallsonthestudenttomakesurethathe/shesubmitsacompleteapplicationpack.

• AlldocumentsshouldbecertifiedandtranslatedintoEnglishbeforesubmission(inordernottodelaytheoutcomeoftheapplication).

Payment of programme feesForeignstudentsneedtopayadepositof50%oftheannualprogrammefeesbyacceptancetotheprogrammeandthebalancepriorto,oruponregistration.

Additionalinformationforforeignstudents

1 8 | A P P L I C A T I On

What happens next?

Yourapplicationcanonlybeassessedbytheselectionpanelifitisaccompaniedbythefullyfilledoutonlineapplicationformandalltheappropriatesupportingdocuments.Eachqualifyingapplicantwillbeinterviewed(face-to-faceortelephoni-cally)byanalumnusoftheSchool.Theoutcomeoftheselectionprocesswillbemadeknownwithin30daysorassoonaspossiblethereafter.

Gotowww.USB.ac.za/applyandcompletetheonlineMBAapplicationform.Youwillbeabletocompletetheforminstepswithoutlosinginformation.TheapplicationprocessisthesameforSouthAfricanandforeignstudents.

USBacceptstheSHLorGMATselectiontest.Bothtestsarerecognisedinternationally.MakeanappointmentwithUSBtodotheSHLselectiontestbysendinge-mailtoJoanne.Sleigh@usb.ac.za,orcontactGMATatwww.gmat.com.Seewww.USB.ac.za/MBAforselectiontestfeesandfurtherinformation.

howtoapply

oProofofapplicationfeepaymentoComprehensiveCVo3essaysof250wordseachonyourcompetencies,

careerobjectivesandpersonalmotivationoCopiesofdegreecertificates(pleasenotethatthe

originalcertificatemustbeshownonthefirstday,orshowntogetherwithatranscriptofthesubjects)

oProofofschool-leavingmathematicsresultsoSHLorGMATselectiontestresults

(ifthesewerenotsenttoUSBdirectly)oCopyofyourID(orpassportfornon-South

Africanstudents);oAmarriagecertificate(wheretheapplicant’s

newsurnamedoesnotmatchthatonthedegreecertificate).

1 Apply online:

3 Pay your application fee:

2 Do a selection test:

4 Upload the following documents online:

Bank:StandardBank.Typeofaccount:chequeaccount.Accountnumber:073003069.Branchname:Stellenbosch.Branchcode:050610.SWIFTcode:SBZAZAJJ.Proofofpaymentofyourapplicationfeecanalsobee-mailedtojoanne.sleigh@USB.ac.za.

MBAtimetablesfor2016Deadline for applications• SouthAfricanstudents:30Novembereachyear• Foreignstudentsfrom(visa-exempt)SADCcountries:

30Octobereachyear• ForeignstudentsfromotherAfricancountriesand

restofworld:30Septembereachyear

Important• Dates for second year of registration:Willbeannounced

later.• StudypermitsforforeignstudentsatUSB:Obtaininga

studypermit(studyvisa)fromtheSouthAfricanauthoritiestakesupto12weeksfromthedateofbeingofferedaplaceonaprogrammeatUSB–hencetheearlyapplicationdead-lineforforeignstudents.

• Multiple-entryvisas:Studentsfromnon-SADCAfricancountriesandothercountrieswithvisarequirementswhoneedtoapplyforstudyvisascanobtainaletterfromUSBconfirmingthedurationofregistrationatUSB.Thiswillhelpstudentstoobtainmultiple-entrystudyvisasincaseofmodularstudies.

• Timetablechanges:USBreservestherighttochangedatesofthelecturescheduleorsubjectspertermtable.Studentswillbeinformedofanychangesingoodtime.

• Lateapplications:USBwilldoeverythingpossibletoaccommodateapplicationssubmittedaftertheclosingdate.

Full-time MBA 2016 (English)Term1:13January–18MarchTerm2:5April–24JuneTerm3:18July–31AugustTerm4:19November-26November

Modular MBA 2016 (English) – Intake 1Block1:25–30JanuaryBlock2:14–19MarchBlock3:16–21MayBlock4:1–6AugustBlock5:3–8October

Modular MBA 2016 (English) – Intake 2Block1:29February–5MarchBlock2:18–23AprilBlock3:20–25JuneBlock4:29August–3SeptemberBlock5:24–29October

Modular MBA 2016 (mainly Afrikaans)Block1:15–20FebruaryBlock2:4–9AprilBlock3:6–11JuneBlock4:22–27AugustBlock5:17–22October

ProgrammefeesandfinancingFInAnC I nG |19

• SouthAfricanstudentscanpaythefullprogrammefeesuponregistrationortheycanpay75%oftheannualfeesbytheendofMayandthebalanceof25%bytheendofSeptember.

• Thefeesfor2017(ModularMBA’s2ndyearofenrolment)willbeadjustedtomakeprovisionforannualpriceincreases.• TheprogrammefeesfortheModularMBA’ssecondyearofenrolmentarehigherthanforthefirstyearofenrolmentbecausethe

secondyear’sfeesincludetheInternationalStudyModuleataforeignbusinessschool.• Deposit:Allstudentspayadepositonacceptanceofadmission.Foreignstudentsneedtopayadepositof50%oftheannual

programmefeesonacceptancetotheprogrammeandthebalancepriorto,oruponregistration.Thedepositisdeductedfromtheprogrammefee.Thedepositpayableisnon-refundable.

• Applicationfee:Theapplicationfeemustaccompanytheapplication.Theapplicationfeeisnotrefundable.• €1=aboutR13.91;US$1=aboutR12.42(10July2015).• Feesincludebooksandstudymaterials.• Studentsareresponsiblefortheirowntravelandaccommodationarrangementsandcosts.• USBreservestherighttochangethefeesatanytime.

BursariesTheUSB’sBursarySchemeprovidespartialbursariesandfinancialassistancetoanumberofdeservingstudentswhohavebeenadmittedtotheMBAprogramme.

Formoredetailsonhowtoapplyforbursaries,contactMarieWillowson0219184243oratmba@usb.ac.za.Theclosingdateforbursaryapplicationsis30Novembereachyear.• OnlystudentswhohavebeenacceptedontotheMBAmayapplyforabursary.• Thebursarieswillbeawardedtoafull-timeMBA.• Allthebursarieswillbeawardedonacademicmerit.• Applicantsfrompreviouslydisadvantagedgroups(inthecaseofSouthAfricans)willbegivenpreference.• Applicantsmustprovideevidenceoffinancialneedandnotberecipientsofanyotherformofstudysponsorship(e.g.fromtheir

companies).• Furthertermsandconditionsapplytoeachbursary.• Everyapplicationwillbetreatedinthestrictestconfidence.

Other bursariesTheNationalResearchFoundationoffersbursaries.

LoansCertainbanksgrantloansatfavourableinterestrates.YoumayalsocontactEduloanatwww.eduloan.co.za.

Financing

MBA Modular (May intake)

MBA Modular (May intake)

MBA Modular (May intake)

MBA Modular (May intake)

MBA Modular (May intake)

MBA Modular (May intake)

Students from South AfricaMBA Full-time

MBA Full-time

MBA Full-time

Students from South Africa

Students from South Africa

Application fee (non-refundable; applicable to all MBA students)

GMAT selection test fee (2016)

MBA Modular (all intakes)

MBA Modular (all intakes)

MBA Modular (all intakes)

Students from Southern African Development Community (SADC) countries

Students from Southern African Development Community (SADC) countries

SHL selection test fee if taken at USB (2016)

International students from the rest of the world

International students from the rest of the world

Students from Southern African Development Community (SADC) countries

International students from the rest of the world (non-SADC countries)

Deposit payable on acceptance of admission - Full-time MBA

Deposit payable on acceptance of admission - Modular MBA

Other fees and amounts

2016

R 225 950

R 235 900

R 239 130

R 91 700

R 101 650

R104 880

2017

R 134 250

R 144 200

R 147 430

Total

R 225 950

R 235 900

R 239 130

R 15 000

R 15 000

R 1 600

$250

R 225 950

R 245 850

R 252 310

R 117 950

R 50 825

R 2 800

R 119 565

R 52 440

20|a l u m n i

WhatdoUSBstudentsandalumnisay?

‘USBdoesnotonlyprovideknowledge,butformsaninternational,activeanddrivingattitudeineachofitsstudents.Furthermore,everyalumnusislinkedtoapost-MBAnetworkofpeoplewhereyoumaintainbusinessconnectionsandfriendshipsforlife.’

– Lennart Lühnen, 2003 Full-time MBA, PracticeManager,INTERSHOPCommunicationsAG,Stuttgart,Germany

‘TheMBAhasbeenalife-changingexperience.Itenabledmetoemergewithabetterunderstandingofhowtoleveragemystrengthsasaleader,implementglobalbestpracticesandapplycriticalthinkingskillstoworkplacechallenges.ThemodularMBAgavemethetimetoexchangeinsightswithpeersfromawiderangeofindustriesandcountries.’

– Dr Mehran Zarrebini, 2010 Modular MBA, CEO:PFEInternational,Whixley,UnitedKingdom.(DrZarrebiniischairpersonoftheUSBAlumniAssociation’sUKCommittee.)

‘TheMBAchallengedandinspiredmefromDay1toreflectonwhoIamasapersonandasaleader.Itempoweredmetoseechallengesasopportunities,totakerisks,andtoinspireandleadotherstorethinkcurrentbusinessapproacheswithfocusonemergingmarkets.’

–AnjaMehler,2013Full-timeMBA, ProjectManagement:CorporateSolutions,AdidasGroupHQ,Nuremberg,Germany

‘ThetimeatUSBallowedmetogetintouchwithhigh-classmanagerialeducation,andavarietyofpeopleandcultures.Theopenmindednessandpeople-focusedapproachresultingfrommyMBAandPhDgavemeatrueadvantageinbusinessandinmypersonallife.’

– Christian Nitschke, 2003, Full-time MBA and2009PhD,Manager:FinanceandControlling,Mercedes-AMG,Germany

‘Onmyown,IwouldneverhavebeenabletotapintothewealthofknowledgethatIamexposedtothroughtheUSB’sFull-timeMBA.Ithasbeenanexcitingandchallengingexperiencesofar.’

– Pateka Quwe, 2015 Full-time MBA, Johannesburg,SouthAfrica

Regional committees: TheAssociationhas13functioningregionsalloverSouthAfrica(CentralRegion,GautengandLimpopo,EasternCape,WesternCape,MpumalangaandKwaZulu-Natal)aswellasinNamibia,Botswana,Swaziland,WestAfrica,EastAfrica,theUKandEurope.

MoreabouttheAlumniAssociation

President: Dr Prieur du Plessis Prof Prieur du Plessis, profes-sor extraordinaire at USB and executive chairman of Plexus Asset Management

Exco chairperson: Isa Omagu Isa Omagu, General Manager, Guaranty Trust Bank plc , Nigeria

Afteryourstudies: BecomingaUSBalumnus

USBAlumni–apowerfulnetworkandresourceUSBisextremelyproudofitsalmost20000alumniwhohaveexcelledinmanagerialandleadershiprolesallovertheworld–manyofthematthehighestlevel.Variouschannelsareusedtocreateongoingconversa-tionsbetweenUSBanditsalumni,toprovidecontinuedlearningandtoharnesssupportfromalumniforstudents,bursariesandUSB’sSmallBusinessAcademy.ThisincludestheUSBAlumniAssociation,whichhasbranchesalloverSouthAfrica,otherAfricanregions,theUKandEurope.Together,USBanditsalumnicontributetothecommongoodandcreatelegacyofinspiringinitiatives.

Accesstolife-longlearningContinuedlearningthroughmasterclasses,workshops,seminarsandacademicprogrammesisoneoftheben-efitsofbeingaUSBalumnus.Theseofferingsallowalumnitoacquireareasofspecialisationorupdateson,say,lead-ershiporstrategyknow-how.

Connectingonvarious platformsCommunicationbetweenalumniandUSBhappensonmanyplatforms–likee-News,USBAgenda,theUSBwebsiteandsocialmedia–Twitter,Facebook,LinkedInandYouTube.

TheUSBAlumniAssociation’sExcoisinchargeoftheoverallstrategyandoperationsoftheAssociation.Alltheregionalchair-personssitontheUSBAlumniAssociation’sExco.TheExcopresidentandchairpersonsitontheUSBAdvisoryBoard.ThisiswhattheUSBAlumniAssociationcurrentlylookslike:

Gainaccessto businessknowledgeAccesstobusinessknowledgeisprovidedbyspeakereventsatUSBandelsewhereinSouthAfricaaswellasinneighbouringcountries.AlumniarealsoinvitedtouseUSBThoughtPrint–asearchablerepositoryofallthebusi-nessknowledgegeneratedatUSB.

GivebacktosocietyAlumniareinvitedtoreinvestinsocietythroughthefollowing:• MentorshipatUSB’sSmallBusinessAcademy:TheUSB

SBAisgenerouslysupportedbyalumniwhoactasmentorsontheSBADevelopmentProgramme,helpingsmallbusinessownersfromlow-incomecommunitiestoobtainpracticalbusinessskillsinaone-on-onesetup.

• NPOProgramme:AlumnisupportisharnessedfortheManagementProgrammeforNon-profitOrganisations.

• USBBursaryScheme:Alumni’sprofessionalsuccessisoftenmadetangibletothenextgenerationofgradu-atesintheformoffundingandsponsorships.AlumniareinvolvedinfundraisingfortheUSBBursaryFund.

a l u m n i |21

Master’s Degrees MBA MPhilinDevelopmentFinance MPhilinManagementCoaching MPhilinFuturesStudies

Postgraduate Diplomas PGDipinBusinessManagementandAdministration

PGDipinLeadership PGDipinDevelopmentFinance PGDipinProjectManagement PGDipinFuturesStudies

PhD PhDinBusinessManagementandAdministration PhDinDevelopmentFinance

Executive Education Comprehensiveanddiscipline-specificprogrammes

MoreaboutUSBanditsstudents

• 3internationalaccreditations:AACSB, EQUIS, AMBA• Membershipof2PhDresearchorganisations:EDAMBA(firstmemberofEuropeanDoctoralProgrammesAsso-ciationinManagementandBusinessAdministrationfromoutsideEurope)andEFMD’sGlobalDoctoralAlliance

• Rankings:No 1 in South Africa (PMR.africa 2014),Top 2 in Africa (Eduniversal 2014)• EFMD’sGloballyResponsibleLeadershipInitiative:USBisaGRLI member,helpingtoreframethepurposeofmanagementeducation

• UN’sPrinciplesforResponsibleManagementEducation(PRME):USBisoneoffirst 100 signatoriespromotingcorporateresponsibilityandsustainabilityinbusinesseducation

• GlobalBusinessSchoolNetwork:GBSNmember,helpingtopromotemanagementeducationasacriticalcom-ponentofinternationaldevelopmentstrategies

• AcademyofBusinessinSociety:AsanABISmember,USBhascommitteditselftousingitsexpertiseandresourc-estowardsamoresustainablefutureforbusinessinsociety

• Membershipofleadingbusinessschoolassociations:AssociationtoAdvanceCollegiateSchoolsofBusiness(AACSB),EuropeanFoundationforManagementDevelopment(EFMD),GlobalBusinessSchoolNetwork(GBSN),theInternationalAssociationforManagementDevelopmentinDynamicSocieties(CEEMAN),AssociationofAfricanBusinessSchools(AABS)andtheSABusinessSchoolsAssociation(SABSA).

Accreditation,membershipsandacknowledgements

Portfolioofacademicprogrammes

2 2 | MOrE A BOUT

FacultyBesidesitsfull-timeandpart-timeacademicstaff,manyofwhomhavedistinguishedthemselvesasorganisationalleaders,USBwelcomesinternationalacademicsand

expertstolectureonitsMBA.Thisgivesstudentsexpo-suretoacademiclearningandreal-worldexperiencefromacrosstheglobe.FindmoredetailsonUSB’sacademicstaff(corefaculty,professorsextraordinaire,visitinginternationalandlocalfaculty,etc.)atwww.usb.ac.za.

MBAstudentprofileUSBhasadiverseMBAstudentprofileintermsofage,nationality,gender,ethnicity,industrybackgroundandexperience.ThisiswhattypicalMBAstudentsatUSBlooklikein2015:

Communication & Marketing

Workareas

Workexperience

15%

10%

10%

21%

27%

20%

36%

3%

2%

3%

8%

6%

7%

4%

3%

6%

12%

15%

43%

12%

Industry

Age

22%

41%

34%

Finance

Financial Services

25 – 30 years

3 – 6 years

Management

Minerals & Energy

31 – 36 years

7 – 11 years

Marketing

Trade & Industry

Human Resources

Health & Medical

37 years and older

12 years and more

Production

Engineering & Construction

Strategy & Planning

Management and Consultancy

IT

Agriculture, food, beverages

Sales

Electronics & IT

Engineering

Public Sector & Government

Other

Other

MOrE A BOUT U S B |23

5%3%3%

3%

Supportservices: TheClientLiaisonandSalesOffice,Admis-sionsOfficeandAcademicAdministration

provideadviceandcontinuoussupporttopro-spectiveandcurrentstudents.TheInternationalAffairsOfficeprovidesassistancetoforeignandexchangestudents,andtheAlumniRelationsOfficeengageswithUSBalumniofalldegreeprogrammesandpostgraduatediplomas.TheCareersOfficeprovidescareerplanninganddevelopmentservices.

Accommodation andrestaurants: TheBellvistaLodge

(www.usb.ac.za/bellvista)onthecampusprovidesaccommodationandarestaurant.Twootherrestaurantsoffermealsandrefreshments.

ICTfacilities: Theseincludewirelessbroadbandinternetaccesscampus-wide,an

e-learningplatform,individualworkstationsandbreak-awayrooms,networkconnectionsfornotebooksandaccesstosoftwarepackagesanddatabases.

World-classfacilities,resourcesandservices

Businessservices: Thisfacilityofferse-mail,phone,

photocopying,printing,courierandrelatedservicestostudents.

Lecturetheatres: Alltheauditorium-styleandflat-floor

lecturetheatresareequippedwiththelatestaudio-visualequipmentandnetworkfacilities.

Library: TheBellvilleParkCampuslibraryprovidesaccesstoprintedandonline

localandinternationalpublications,books,journalsanddatabase(includingSA-e-Publications,Scopus,Ebscohost,GartnerandEmerald),aswellasarepositoryofmaster’sanddoctoraltheses(SUNScholar).Seehttp://library.sun.ac.za.

2 4 | MOrE A BOUT U S B

Frequentlyaskedquestions

SelectiontestsWhich selection test should I take – the GMAT or SHL?

BothtestsarerecognisedinternationallyandUSBacceptsboth.Bothtestsmeasurelanguageskills,verbalreason-ing,numericalreasoningandlearningpotential.However,theSHLalsoincludesanoccupationalpersonalitytest.TheSHLselectiontestisusuallythepreferredoptionformoststudentswhoholdadegreerecognisedbyStellen-boschUniversity.NopreparationisrequiredfortheSHL.

TheMBAprogrammeWhen are exams/tests held? How many tests/exams are there?

Studentsareassessedonacontinuousbasis.Eachmodulehasaminimumnumberofassessmentsbasedonthenumberofcreditsforthatmodule.Thefinalperformancemarkthereforeincludes,amongothers,onlineassess-ments,classtests,groupwork,individualandgroupas-signments,classparticipationandpresentations.

Why do the MBA’s admission requirements include a minimum number of years of work experience? Why is this applied so stringently?

Firstly,relevantworkexperienceisarequirementofUSB’sinternationalEQUISaccreditation.Secondly,collaborativelearning–wherestudentslearnfromeachother–formsanimportantpartofUSB’sMBA.Theexpertise,depthandvaluethateachparticipantbringstotheclassdependlargelyonauthenticworkexperience.

What is the format of an exam/test – e.g. multi-choice questions (MCQs), essays, case studies? Will students have access to past test/exam papers?

Testsfocusprimarilyontheapplicationofknowledgeandinsighttobusinessproblems.Hence,mosttestsareopen-bookandrequiretheanalysisofproblemsorcases.Intheassessmentofpre-reading,closed-booktestsmaybeused.Inweb-basedassessmentsofpre-readingmultiple-choicequestionsarefrequentlyused,butthismaynotex-ceed20%ofthegradeofasubject.Manylecturersmakepasttestpapersavailableasalearningresource.

I have completed a Management Development Pro-gramme with USB-ED / Postgraduate Diploma in Busi-ness Management at XYZ. Will I be exempted from part of the MBA programme?

ThefocusoftheMBAprogrammeisoncollaborativelearning.Everyparticipantbringscertainexpertisetotheclass–somethroughformallearning,othersthroughin-

formallearning.Ifthemostknowledgeablepersonsweretobeexemptedfromclasses,thelearningexperienceforthewholeclasswillbeimpaired.Thus,asageneralprinciple,noexemptionisgranted.Inalimitednumberofspecialcases,forexamplewhereanMBAstudenttransfersfromanotheruniversitytoUSB,orthecontentofaUSB-EDprogrammeisidenticaltotheMBAcontent,exemptioncouldbeconsidered.ApplicationswillonlybeconsideredaftertheapplicanthasregisteredfortheMBAprogramme.

Does USB assign mentors to students?

Yes,butonavolunteerbasisonly.USBalumnioffertomentorstudentsduringtheirstudiesandtoprovidecareerorindustryadvice.Thisserviceisofferedinas-sociationwithUSB’sAlumniRelationsOfficeandCareerServicesOffice.

What facilities are available for academic assistance besides the library?

Academicassistanceisofferedviaaweb-basedlearningenvironment,aPClabwithvarioussoftwareanddatabaseresources,syndicategroups(dedicatedstudygroups),informallearninggroupsandabulletinboard.

How do syndicates (dedicated study groups) function in terms of discussions, assignments and other group work? How much does syndicate work count towards the final mark? Can syndicates communicate electroni-cally to get work done or is it compulsory for syndicates to meet physically between modular blocks?

Thiswilldependoneachlecturerandonthesubject–assomesubjectsrequireasubstantialamountofgroupwork,whileothersrequirelimitedgroupwork.Theweightvariesfrom0%(nogroupwork)upto40%.Itisimpera-tivethatMBAstudentscancommunicateelectronicallytoworkontheirassignments.Thereisnoneedtomeetphysicallybetweenmodularblocks.

When will we receive our books and course material for the MBA programme?

Full-timeMBAstudentswillreceivetheirfirstbatchofstudymaterial(booksandcourseoutlines)atthebegin-ningoftheprogrammeandthereafterattheendofeverytermforthefollowingterm.ModularMBAstudentswillreceivetheirfirstbatchofstudymaterialatthebegin-ningoftheprogrammeandthereafterattheendofeverymodularblockforthefollowingblock.

Can I spread the payment of my fees over time?Yes.ForSouthAfricanstudents,75%oftheannualfeesarepayablebytheendofMayandthebalanceof25%bythe

FaQ | 25

endofSeptember.(Foreignstudents,however,needtopaythefullprogrammefeepriortooruponregistration.)

ApplicationprocessandclosingdateWhen is the closing date for applications?

TheclosingdatefortheMBAforSouthAfricanstudentsis30November.TheclosingdatefortheMBAforforeignstudentsisendofAugusteachyearduetovisarequire-ments.However,wewilldoeverythingpossibletoaccom-modateapplicationssubmittedaftertheclosingdate.

Do I need to travel to USB for the MBA pre-selection interview?

Interviewsareconductedbyalumniinvariouscities,lo-calandinternationally.Intheeventthatwedonothaveaninterviewercloseby,theinterviewwillbeconductedtelephonically.

What if I don’t have a study permit yet?

Insertadash(–)intheresponsearea.

BursariesAre bursaries available?

AlimitednumberofbursariesareavailablethroughUSB,theUSBAlumniAssociation’sFutureFundTrustandtheNationalResearchFoundation.

CampusIs accommodation available on campus?

Yes,thereisacomfortablelodgeandrestaurantontheBellvilleParkCampus,whichisidealforshort-termaccom-modation.However,thiswillprobablybetooexpensiveforlongerstays.Forotheraccommodationoptions,suchasroomsandflats,contactyourcourseadministrator.OnceyouhavebeenadmittedontheMBAandyourdeposithasbeenpaid,therelevantcourseadministratorswillgiveyouguidanceinfindingaccommodation.

26 | FaQ

ACCREDITED

www.usb.ac.za

PO Box 610, Bellville 7535, South AfricaCarlCronjéDrive,Bellville7530,CapeTown,SouthAfricaTel: 0860 872 872; 021 918 4111; international +27 21 918 4111Email: mba@usb.ac.zaWebsite: www.usb.ac.za/mba

Master’s in Business Administration (MBA)

General MBA enquiriesTel: 021 918 4246; international +27 21 918 4246; Email: mba@usb.ac.za

Information sessionsTel: 021 918 4246; international +27 21 918 4246; Email: mba@usb.ac.za

Selection testsTel: 021 918 4239; international +27 21 918 4239; Email: mba@usb.ac.za

Support services

USB Careers OfficeTel: 021 918 4187; international +27 21 918 4187; Email: usb.Careers@usb.ac.za

International affairsTel: 021 918 4196; international +27 21 918 4196Email: international@usb.ac.za

Campus accommodationTel: 021 918 4444; international +27 21 918 4444; www.usb.ac.za/bellvista

USB Alumni OfficeTel: 021 918 4212; international +27 21 918 4483; Email: usbalumni@usb.ac.za

West African Office Prospective students from West Africa can contact USB’s representative in that region directly. USB is represented in West Africa by accelerated learning systems, Nigeria.

Contact person: Stephanie BishopTel: 2348033136294, 018938818 +233233136294E-mail: usb@alearningsystems.net 2rdfloor,84OpebiRoad,Opebi,Ikeja,Lagos,Nigeria

East African OfficeProspective students from East Africa can contact USB’s representative in that region directly. USB is represented in East Africa by Sports Masters Limited, Kenya

Contact person: Alex Matheri Tel: +254 020 2188799 (office) or +254 (734) 606000 (mobile)E-mail: info@sportsmasters.co.ke or alex.matheri@gmail.com1st Floor Suite 108, Nanak House, Kimathi Street, NairobiPO Box 3285-00506, Nairobi, Kenya