New MBA school

2010-09-16 00:00

CAPITILISING on the lack of high-level business education options for budding and current managers and executives in Pietermaritzburg, local entrepreneur Dr Rob Smorfitt has launched a joint venture known as the International School of Business (ISB).

The ISB, which was launched in Pietermaritzburg this week at an interactive training simulation event, is a joint venture between Smorfitt, Dr Jacques Posthumus and Business Education Design founders Andrew Hofmeyr and Ian Clark.

The ISB will initially cover KwaZulu-Natal and the Eastern Cape.

Smorfitt says all ISB stakeholders have extensive international experience in business education and are “world leaders in maximising training ROI [return on investment] through experiential and applied learning methodologies”.

“The fact is that there is no quality training for management level employees in the Pietermaritzburg region.

“Universities are not offering external courses, and the main focus of training providers is employees,” he adds.

“There is no MBA [Master of Business Administration] course in Pietermaritzburg and there is no management-level training.

“Local companies will now be able to do high-quality management training in Pietermaritzburg,” Smorfitt adds.

As a professional training company, the ISB will initially offer an internationally accredited MBA from one of the UK’s top business schools, a BCom or BSc in management,and executive courses in business and management that are public- and company-specific.

Emphasising the importance of the continuous improvement simulation, the ISB will use the methodology to produce “more with less”.

Clark, who is a former director at the Wits Business School, also emphasises the advantages of the “learning, understanding and doing” model.

“In 33 years of teaching business, I have learnt that you can’t teach business – you have to do it to learn,” Clark says.

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