CKGSB: A Look Inside the Chinese B-School with the Trillion Dollar Alumni
Cheung Kong Graduate School of Business (CKGSB) has only been around since 2002, but this elite business school has already produced 9,000+ alumni whose combined companies raked in $1 trillion in revenue in 2011 alone. In 2015, more than half of CKGSB’s graduates were at the CEO or Chairman level, and together, their companies accounted for one sixth of China’s GDP. If you’re wondering how that’s possible, consider taking a closer look at the school’s impressive alumni network.
Twenty percent of China’s 500 largest firms are led by founders or CEOs who are CKGSB alumni, and in 2013, nine of the 25 Most Influential Business Leaders in China, as selected by China Entrepreneur Magazine were CKGSB alumni. Just a few of the school’s most notable include Jack Ma, Founder and Chairman of e-commerce group Alibaba, Wu Yajun, Co-Founder and Chair or Langfor Properties (and one of the richest women in world), Fan Min, CEO of Ctrip—China’s largest online travel agency, Xhen Yidan, Co-Founder of Tencent—China’s largest tech firm by revenue, and Ralf Speth, CEO of Jaguar Land Rover—the UK’s largest automotive manufacturer.
CKGSB has managed to accomplish so much in so little time for a number of reasons. Founded by Hong Kong billionaire Li Ka-shing, CKGSB is China’s first faculty-governed, non-profit, independent business school whose goal is to “cultivate business leaders with a global vision, a humanistic spirit, a strong sense of social responsibility and an innovative mind-set.” The school boasts more than 40 full-time professors, who have earned their PhDs or held tenured faculty positions at leading business schools such as Harvard, Wharton and Stanford. Their combined research has provided the basis for nearly 400 case studies of both China-specific and global issues.
Not only does CKGSB seek out only the best professors, it accepts only the most promising students. More than 80% of the schools EMBA students are already above the Vice President level, which led to CKGSB being labeled “China’s Elite Business School for billionaires.” CKGSB has a few other unique features worth noting. In 2004, the school pioneered the integration of the humanities into its curricula to give students a long-term and holistic view of business and development. In addition, the schools already successful EMBA students are required to complete six days of community work before receiving their degrees. And in 2014, CKGSB became the first Chinese business school to develop a philanthropy program aimed at equipping the school’s alumni with expertise on setting up and managing foundations and engaging in philanthropy.
Besides the EMBA program, which is offered in English, Chinese and Korean, CKGSB offers an English-language MBA, the CKGSB-IMD Dual Executive MBA, and the Global Executive MBA – China. The following Chinese-Language programs are available: Finance MBA and Doctor of Business Administration. Executive education programs run the gamut from the China Pharmaceutical Immersion Program to Global Branding in the Digital Era.
At the time this article was published, CKGSB had 60 openings for the 2017 intake. To apply, potential students must complete an online application, upload at least eight supporting documents, and submit two recommendation letters and official GMAT or GRE scores. Once the application package is complete, the MBA admissions office will complete a preliminary screening and reference check. If all goes well, the applicant will be asked to attend an interview by phone for overseas applicants or in-person for local applicants. The interview is composed of three parts:
- Group Case Discussions
- Interviews by Professors
- Interviews by the Career Management Center
According to CKGSB, the interviews are designed to help admissions evaluate the applicant’s suitability for admission into the CKGSB MBA Program. They also help determine whether the applicant will be offered a scholarship. With an exclusive alumni network and ranked among the top business schools in the world, it’s safe to say that getting into CKGSB is no small feat, so please bring your A-game.
Considered China’s most globalized business school, CKGSB has three campuses in Beijing, Shanghai, and Shenzhen, as well as offices in London, New York, and Hong Kong. The school has also formed strategic partnerships for joint programs and research with some of the most prominent schools in the world—Harvard Kennedy School (U.S.), IMD in Switzerland, and FDC in Brazil among them.
For more information about Cheung Kong Graduate School of Business (CKGSB), visit the official website here.
"Application Procedure." CKGSB. Cheung Kong Graduate School of Business, n.d. Web. 10 Sept. 2016.
China EMBA: Korea's First Executive MBA Program for CEOs in Korea and China. Hong Kong: Faculty of Business Administration, Chinese U of Hong Kong, 2008. CKGSB. Cheung Kong Graduate School of Business, 2013. Web. 10 Sept. 2016.
"China Rich List." Forbes. Forbes Magazine, 2015. Web. 10 Sept. 2016.
Flannery, Russell, and Chloe Chen. "China's Best Business Schools." Forbes. Forbes Magazine, 26 Apr. 2010. Web. 10 Sept. 2016.
Flannery, Russell, and Chloe Chen. "In Pictures: China's Best Business Schools." Forbes. Forbes Magazine, 26 Apr. 2010. Web. 10 Sept. 2016.
"Inside China's Elite Business School For Billionaires." CKGSB. Cheung Kong Graduate School of Business, 21 Aug. 2014. Web. 10 Sept. 2016.
"Our Programs." CKGSB. Cheung Kong Graduate School of Business, n.d. Web. 10 Sept. 2016.