More and more foreigners rushing to China to Study for an MBA

An MBA in China?

Feb 23, 2009

Coming to China to Study for an MBA

The article extract below is translated from the story "MBA" published in the Economic Observer, February 20, 2009.

... In the past three months, the number of overseas applicants of the 2009 Cheung Kong MBA Program grew several times compared with last year. International students are expected to reach 30% of the whole 2009 intake. "It's a big breakthrough," said Sun Hongbao, Media Relations Manager at Cheung Kong Graduate School of Business.



International students at CEIBS (China Europe International Business School) accounted for 40% of their intake before the financial crisis, making for a mixed and vibrant student body. Cheung Kong GSB noted that foreign students come to study an MBA in China for two main reasons. Some of them are interested in China's economic achievements and Chinese culture, and others hope to seek opportunities somewhere far away from their home country. "They're catching the next 'bull' of economic growth," said Ji Lihao, Senior MBA Admissions Manager at CEIBS.

How attractive is this "bull"? Devon Nixon's story might be persuasive. 37 years ago when US President Richard Nixon and Chinese Premier Zhou Enlai signed the Sino-US "communiqué of Shanghai, Devon was not even born yet. The former president could not have expected that one day his grand nephew would come to China to study for an MBA. Devon was admitted to the MBA program in 2007. Before that, he was an entrepreneur in US, and now he's keen on talking about opportunities in China.

Mr. Nixon Jr. is working hard on improving his Chinese. "China and the US will come out of the crisis first. I will get more opportunities if I can get through the language obstacles" said Devon, who not only wants to study in China but also hopes to work in the country.

Click here to read the full story online in Chinese.

http://en.ckgsb.com/Article/Detail.aspx?ColumnId=91&ArticleId=4138

 

Because it's cheaper than other countries...

 

Not only that. China is becoming more important in the world (economy) a lot of students want to get some experience with China and it's culture which can be usefull later in doing business (what or what not to do when talking about a contract)

 

this reason is probably last on the "go" list.

Dude, like it or not...China is going to lead.

 

yeah,maybe in 5 years...actually i wanted to study there too but i don't know why i changed my mind...between the universities are good there,recognised??

 

I read one of Maclean's University Ranking mag. before, and most of the top universities are mainly from
US, Canada, EU etc. China's top univesrities weren't rated that great.

Chinese univesrities might suck at science or engineering because they required expensive labs, but
when it comes to math, economics, arts...etc etc does not required expensive labs. I think they are
fine in those regards.

So, It's mostly due to wat Kenny_8 have said.

 

Too bad then if their scientists are known elsewhere...

 

Scientists are sometimes jumping from locations to locations. I had a tutor being assistent professor there associate professor here and finally full professor elsewhere.... so good universities will finally attract good scientists

 

I think it was part of China's long term strategic investment. Deng Xiaoping said not to worry, those scientist (although not all) will return to China with highly skilled/western knowledge. Infact, some of those famous oversea Chinese scientist already did and the US is not happy about it. Top talent follows the money, but also a lot of them are loyal to China cause they were born there/part of their ancestral land.

 

^nope,the highly skilled scientists won't return to China unless it becomes more powerful than America...yeah,they follows money but also popularity

 

I would also assume that it is rather the future role that China will play in the economy.

 

Mj9,,,,there're already some working in China and there will only be more and more of the returning as China progresses. From the other article I post on the other thread, we know at least few guys with PHD who are highly skilled are willing to take the deal. 150K to 250K per year USD is a very competive salary. At least coutnries like Canada or Australia pr parts of EU will have a problem competing with that offer. I read from another article once, some guy(forgive me 4 forgetting his name, I have difficult times rememberin chinese names, especially when they come in Mandarin. Heck, I can't even remembre how write my own Chinese name LOL) from B Univ has taken the offer. He is now the head of the Physics department somewhere in China.

Dont get me wrong, not everyone will jump the boat...but there r definitely some. Heck..if the Chinese government is willing to pay me a competitive salary for a junior position...I would be partying in CHina right now...spinning & doing the Crip walk and all..you know....