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Asian Business Schools rising

MBA News 10-31-2010

If the U.S.A. is not thrilling enough and Singapore is not sufficiently exotic, go to Shanghai! This seems to be the credo of more and more Western students contemplating an MBA program abroad. China Europe International Business School (Ceibs) for example becomes more and more attractive for foreign students, reports Germany’s business daily “Handelsblatt”.

Ceibs' attraction lays less in the curriculum which is more or less the same in any good Business School, and more with the growth rates in Asia. Many aspiring students want to part of the boom in the East. Their logic is easy to understand: The more Asia's markets grow the higher the demand for well trained personnel in Asian companies will be.

But so far top ranking Business Schools in Asia are rare. Since Asian countries do not want to import MBAs any longer, they started building competitive business schools themselves. And the numbers of applicants and participants in their programs are growing rapidly. The MBA ranking of the "Financial Times" this year lists Insead, Nanyang Business School and Ceibs, all with a campus in Singapore, five different schools in India like the Indian School of Business and the Chinese University of Hong Kong. Hong Kong's UST Business School (HKUST) is even amongst the leading ten schools in Asia.

Students who want to train in Asia have three basic choices: national schools, teaching in the local language with no international partner program and no accreditation with international bodies; then there are international Business Schools with head quarters in Asia like HKUST in Hong Kong; finally the Institute of Management in Bangalore, Nanyang Business School and the National University, both in Singapore. Truly international schools are still rare, though: Insead is out there and Ceibs advertises its services accordingly.

Alternatively many students choose partner programs between a traditional Western school and an Asian partner. Washington University and Fudan University in Shanghai for example offer an Executive MBA for participants who want both, the title from the American university and a certificate from the Asian school.

http://www.karriere.de/mba/studium-s-sauer-10243/