College of Business and Economics | Annual Report 2024 3 Amidst a world grappling with fragile systems, overwhelming negativity, unpredictable events, and rapid shifts, the College of Business and Economics (CBE), through its six academic schools (Accounting, Consumer Intelligence and Information Systems, Economics, Management, Public Management, Governance and Public Policy, and Tourism and Hospitality) and three SARChI chairs (Entrepreneurship Education, Industrial Development, and Transformative Innovation), fosters academic excellence and societal impact. The composite undergraduate throughput rate (n-1) fulltime contact increased to 45,6% (43% in 2023). Similarly, the postgraduate throughput rate (n-1) full-time contact increased to 62,5% (57,9% in 2023). Various initiatives aimed at supporting undergraduate students saw a decrease in the dropout rate in year 2 to 9,5% (10% in 2023). The effect of these initiatives was also evident in the average module success rate (n-1), which saw a drastic improvement to 86% (83,9% in 2023). These initiatives yielded an undergraduate student satisfaction rate of 89%, and postgraduate student satisfaction of 88%. The CBE strengthened its commitment to research excellence, registering 648 research output units, an increase from 596 in the previous year. CBE’s NRF-rated researchers increased from 47 in 2023 to 50 in 2024. This growth solidifies the role of CBE researchers in meeting rigorous standards of excellence and contributing significantly to their respective fields. These ratings underscore the high quality and impact of the research conducted within the College, further enhancing its reputation as a leading academic institution. Prof Tankiso Moloi Executive Dean: College of Business and Economics INTRODUCTION 2023 2024 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% UG throughput rate PG throughput rate Average module rate Dropout rate 45.6% 57.9% 83.9% 86% 10% 9.5% 43% 62.5% Research output 2023 Research output 2024 NRF-rated researchers 2023 NRF-rated researchers 2024 596 648 47 50 700 600 500 400 300 200 100 Student Success Rate 2023-2024 Research Excellence 2023-2024 The College of Business and Economics’ vision is clear, we develop critical thinkers and problem solvers who address business, economic and societal challenges.
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