Overall education standards at SA business schools are in danger of decline unless schools and government work together to build an education system relevant to SA’s needs, says Walter Baets, outgoing director of the University of Cape Town’s Graduate School of Business (GSB).SA higher education generally is at a critical point, he says. Inefficient administration at some universities, coupled with national regulations that allow mediocrity, mean SA is not making the best use of its educational resources.For example, he says, students enjoying state financial aid should not be allowed to routinely fail exams and extend university courses. “In my country, Belgium, if you are on financial aid and you fail a course, you’re out,” he says.“The argument is simple: the state pays for your education and the only thing it asks in return is that you study hard. I realise circumstances are different here but if you were to insist on students studying properly, you would have more money to supp...
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