Popular MBA Degree Programs in China
A Brief History Of MBA In China
The story behind MBA in China is rather short. One might trace this back to the late 19th century. But it wasn’t till the late 70’s, when the country came under the leadership of Deng Xiaoping that higher education took a turn for the better. MBA programs then began to rise and spread to the nation's universities.
MBA in China has evolved from the traditional managerial education based on the centrally-planned economic system to the western style brought on by the strong market influences of the late 1980’s.
With China’s booming economy, a demand for professional managers became keen and the Chinese government decided to import the western type of MBA education. The International Cooperative MBA program was the prime mover in the introduction of the western type of MBA into China. But, by the latter part of 1980’s, the administration decided to embark on its own and instituted its domestic MBA education programs.
Bachelor programs in management began to surface. Masters and Ph.D. programs soon followed. It didn’t take long for Master of Business Administration (MBA) programs to spread to some of the larger, more progressive schools in China. At the time, there were only about 9 MBA programs throughout the country. Today, there are 236, often focused on specialized fields like management information systems, marketing strategy, human resources and innovations, etc. Under the tutelage of their professors and supervisors, MBA students carry out extensive and in-depth research projects.
But Why China?
The reasons, why people choose China to pursue their MBA, are varied. These could range from better career opportunities to promising prospects of higher paychecks to securing top management and senior executive positions in business organizations. The key reason though appears to be networking. Networking is regarded to be the most important advantage of a top quality Chinese business school, according to MBA students.
While the top-ranked business colleges have been traditionally American institutions, it’s been strongly suggested that several international universities need likewise to be included in the rankings, as in the University of Hong Kong. In fact, economic experts say China’s rapidly rising economy suggests that the country will be globally recognized for its valuable MBA programs.
The MBA programs in China today ensure managerial students acquire the ability and skills to lead, design and execute suitable systems and practices for business organizations operating in the country and other global business environments. They’re skewed towards preparing both Chinese and foreign managers for leadership positions in the various businesses and industries in China.
Fudan University MBA program
At the Fudan University, the Fudan International MBA program was introduced in 1996 via a strong collaboration between the Fudan University School of Management and the MIT Sloan School of Management. These two schools jointly developed the curriculum of the IMBA with the principal objective of cultivating business-minded elites and future leaders with perspectives that are international in nature, as well as local insights. They achieve this by developing the students’ theoretical knowledge sets and comprehensive skills in managing.
Upon completion of a thesis and required courses and meeting all other requirements of the school, participants are awarded MBA degree from Fudan University and a learning certificate from MIT Sloan School of Management.
China Europe International Business School
Ranked number 1 business school in China by Forbes China, China Europe International Business School (CEIBS) offers an English-taught, world-class, full-time MBA program. It runs for eighteen months and is designed to get professionals with strong career aspirations and international orientation ready for post-graduate roles as strong leaders of global businesses. It aims to enhance the student’s ability to recognize and identify business opportunities, solve complex business issues and concerns, motivate people and develop and grow organizations.
CEIBS offers the broadest global perspective of any business school in China today. Standing as a shining example of successful China-EU cooperation, it is the first and largest business school in China.
English or Mandarin?
Depending on their proficiency in the Chinese or English Language, non-Chinese or international students may either choose a Chinese-taught or English-taught MBA programs. In most of the MBA universities, though, the courses are taught by both Chinese and foreign professors.
Applicants are expected to have a bachelor’s degree and should have had at least three years of working experience.
The Opportunities in China
One of the principal concerns of foreign companies doing business in China is managerial talents. Most of the senior Chinese managers are not too familiar with the western management techniques and approaches, so that these multi-national companies remain with almost no choice but to bring in talents from abroad. Paradoxically, these overseas managers, on the other hand, have very little understanding of how the Chinese do business.
The great opportunity for any ambitious young man or woman lies in pursuing an MBA education that is tweaked towards not only learning Mandarin, but mastering the ways of the Chinese and the westerner’s way of doing business
The Top Business Schools In China
Forbes Magazine has a licensed Chinese-language version known as Forbes China. Forbes China has, not too long ago conducted a survey of 45 business schools in China and their graduates for years 2005 and 2009. It tracked salary performance and returns on investment for graduates of MBA. On the basis of the survey results for full-time MBA, the following rankings came out.
1) China Europe International Business School
2) Beijing International MBA
3) Tsinghua University
4) Peking University’s Guanghua School
5) Cheung Kong Graduate School of Business
6) Fudan University
7) Antai College at Jiao Tong University
8) Sun Yat Sen University
9) Xiamen University
10) Nankai University
Six of the top 10 schools are in Beijing, China’s capital, which is just as well since historically, Beijing has been the country’s center for education. Shanghai, likewise continues to be home to other business colleges.
Forbes China noted that despite the slower economic growth the past year, interest in business education continues to be high.