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GMAC Invests in Building Management Education Capacity in Africa

Posted By Page Schindler Buchanan, Monday, November 26, 2012

Page Schindler BuchananJust in from our friends at GMAC is news that their Management Education for Tomorrow (MET) Fund is supporting the development of business education programs for Africa through the University of Botswana.  It's great to see all of the support coming from important stakeholders in management education like GMAC in building capacity for the developing world.


University of Botswana Awarded US$115,000 to Develop Business Education Programmes in Africa

The University of Botswana Faculty of Business was awarded a US$115,000 grant today to develop graduate and executive business programs from the Graduate Management Admission Council (GMAC) Management Education for Tomorrow (MET) Fund. Ben Glover, regional director for GMAC Europe, the Middle East and Africa, presents the grant to Professor Kgomotso Moahi, chair of the committee of deans and vice chancellors, University of Botswana

The University of Botswana is one of just 12 recipients worldwide of grants funding innovation in business education in the Ideas to Innovation (i2i) Challenge, a two-part program that identified innovative ideas to improve management education and is now providing more than $7.1 million in grants to implement the ideas. The MET Fund is the philanthropic effort of the Graduate Management Admission Council, the worldwide association of leading business schools that administers the GMAT exam used in admissions.

"Through the MET Fund’s i2i Challenge, GMAC is investing in—and giving back to— management education and the institutions where it is taught. We are working with schools to innovate and, through innovation, to foster new ways to develop the next generation of business leaders. We’re proud to be able to partner with the University of Botswana in these efforts,” Glover said.

The University of Botswana grant, which runs through March 2014, will be used to develop curriculum for graduate management education and executive development programmes in areas that are critical to the needs of students, educators, and businesses in both Botswana and throughout Africa.

"The program will support the continuous and long-term training of the local workforce and will also help develop local teaching materials, business cases and simulations for business and management university coursework throughout Africa,” said Professor C.R. Sathyamoorthi, dean of the Faculty of Business (currently acting deputy vice chancellor, Academic Affairs) at the University of Botswana.

>> Click here to read the full release


Page Schindler Buchanan is the Communications and Media Officer for GBSN.

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