Schools' academic and research performance is also taken into account and Wits retained top spot ahead of the university business schools of Stellenbosch and Cape Town. The Gordon Institute of Business Science (Gibs) was next, followed by Pretoria University and Unisa.
Since government's Council on Higher Education (CHE) completed its reaccredidation exercise last year, the number of schools allowed to offer MBAs has fallen from 28 to 17. Not all of them qualify for Ranking The MBAs yet because of the low numbers of graduates that have passed through their courses. This year the Financial Mail ranks the top 12.
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