Open the door to thriving career opportunities abroad with an MBA degree

Peter von Loesecke | The MBA Tour

With education being the most powerful tool that can change the world, The MBA Tour has successfully lived up to making an impact by taking the first step in providing unique opportunities for personal interaction between top international business schools and potential students to study abroad.

On Thursday, 12 October the annual MBA Tour hosted and featured top business schools from North America and Europe, where individuals saw top business schools which included: UPenn Wharton, Columbia, Chicago Booth, Toronto Rotman, and more.

“It was great to be in South Africa again this year, where we had 322 people register for the event compared to last year. We had representatives from business schools that conducted specific talks, panels, and presentations which all gave insight on the importance of studying abroad and how this can benefit individuals. This tour also showcased that MBAs abroad are not only for a higher LSM, but rather those who are determined and driven to achieve their goals,” says Peter von Loesecke, CEO & Managing Director of The MBA Tour.

Based on research it is clear that there is a definite increase in the motivation to study towards an MBA. In 2014 alone, some of South Africa’s leading business schools recorded high registration numbers for prospective students enlisting for a Masters of Business Administration (MBA)[1]. However ,an MBA combined with other experience like engineering or operations can help someone with that experience to differentiate themselves in the workplace.  “It is an essential qualification to understand how strong brands prevail in the marketplace, as well as why well managed distribution channels often define market success rather than the product itself, and how powerful supply chains become a competitive global advantage”, says von Loesecke.

The MBA Tour also emphasised that studying abroad is not something that is impossible and completely out of reach. The main focus of this tour was to bring top business schools from across the world to meet and build relationships with potential MBA students in Johannesburg, as well as to open up valuable channels of communication.

“The MBA is definitely worth the cost if you have the right combination of experience, motivation to succeed, and career path in mind. Many successful entrepreneurs began their careers in industry, but were able to exploit “disrupters” in their industries to build a new business model for delivering goods and services. We are looking forward to seeing how many South Africans seize the opportunity and enrol following this tour,” concluded von Loesecke.

Related Content

Merck Foundation together with African First Ladies continue their strategy to provide specialty training for African doctors to better manage diabetes and hypertension patients

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany in partnership with African First Ladies and Ministries of Health, continue their strategy to provide one-year diploma and two-year master degree in both Preventive Cardiovascular Medicine and Diabetes for medical postgraduates from more than 35 African and Asian countries. Dr. Rasha Kelej, CEO of Merck Foundation and One of 100 Most Influential Africans emphasized, “Amidst the pandemic that has roc

Coronavirus – South Africa: Member of Executive Council (MEC) Debbie Schäfer on date for reopening schools during Coronavirus Covid-19 Lockdown

Download logoWe welcome the announcement by the Minister of Basic Education regarding the date for the return of learners – 1 June for Grade 7s and 12s. It has been extremely difficult for the WCED to make preparations without a final approved date. Nevertheless, we have been doing a lot of work in preparation for the opening of schools which I shall outline in more detail from tomorrow. There are still a number of details to be worked out, but we shall do th

Coronavirus – South Africa: Statement by Basic Education Minister, Angie Motshekga giving an update on preparations for the re-opening of schools

Download logoBy Angie Motshekga Let start by acknowledging Deputy Minister Mhaule and DG Mweli, members of the media, good afternoon. The Coronavirus has brought a lot of trauma and anxiety to all of us as a nation and the rest of the world. It has turned our lives upside down and there is a lot of fear about what will happen next. Since we started planning for the reopening of schools we have received many representations from parents and organisations. We highly appreciate.  I

Coronavirus – South Africa: Transport Committee concerned about slow transformation in Aviation Sector

Download logoThe Portfolio Committee on Transport yesterday met, via video conferencing, with the Airports Company of South Africa (Acsa) and the South African Civil Aviation Authority (SACAA), for the two entities to present their strategic and annual performance plans. The two entities of the Department of Transport were represented by their board members, management team and the Deputy Minister of Transport, Ms Dikeledi Magadzi.   The Deputy Minister told the committee that the entiti

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox

More from CNBC Africa

Droppa CEO on adapting and innovating to the harsh realities of COVID-19

Covid-19 has left many businesses with the stark reality of closing down or adapting. One company that is doing the latter is Droppa. Its CEO Khathu Mufamadi joins CNBC Africa for more.

The harsh taste of COVID-19 on Famous Brands

Famous Brands, the owner of several of South Africa’s best loved restaurant chains has scrapped its dividend for the second half of its financial year to preserve its balance sheet. The owner of Steers and Tashas warned that the COVID-19 pandemic has had a significant negative impact on the group. Famous Brands CEO, Darren Hele joins CNBC Africa for more.

African Bank CEO on how the bank is cushioning its customers from the effects of COVID-19

The Covid-19 lock-down has put pressure on individuals and businesses’ finances like never before. But what can be done to ease the pressure? Basani Maluleke, CEO, African Bank joins CNBC Africa for more.

How can professional athletes weather the COVID-19 crisis?

This year was supposed to be one of the biggest sports years for Kenya and East Africa, with athletes from the region set to participate in highly anticipated events like, the Magical Kenya Open, the Basketball Africa League, the African Championship of Nations and the Olympics. With all these sporting events and more being cancelled and postponed; and with gym closures and limited access to coaches leading to no place to train; where does that leave professional athletes and elite hopefuls as the world battles the Covid-19 pandemic? Sports Analyst, Sharon Allela joins CNBC Africa for more.

Trending Now

South Africa downgrades lockdown rules, sending 8 million back to work

Key Points South Africa to downgrade lockdown measures to level three on June 1. This means a full reopening...

Is SA’s mining industry too deep in the COVID-19 crisis?

The Covid-19 pandemic has far-reaching economic ramifications on the productivity and profits of many industries without the exception of the mining industry. For more than a century mining was a flourishing industry in South Africa. In 2019 it contributed close to R361 billion or 8.1 per cent to SA’s GDP and over R91 billion to fixed investment. It employed 454,861 people and paid R24.3 billion in taxes. Since early March, the mining industry’s average share price has dropped 10 per cent and individual companies have lost 30 to 50 per cent of their market value. Is mining too deep in the Covid-19 crisis? How can the mining industry pave the way to total recovery and become the sunrise industry it wants to be?...

How Richard Branson Is Trying To Save His Virgin Empire

Sir Richard Branson has cut a figure as a brash and rebellious impresario who took on big businesses with his larger-than-life personality, charm, and sheer guts. The Virgin Atlantic airline Branson started and grew from an industry underdog to a maj

Quite frankly, be candid… What African mining bosses and the minister call each other behind closed doors

For years it has been daggers drawn between government and mine owners in disputes over mining regulations that the latter fear are driving away investors from starting new mines.
- Advertisement -