|Beijing International MBA||Beijing|
|EMBA at China Europe International Business School||Shanghai|
|EMBA at Hult International Business School||Shanghai|
|EMBA at Sun Yat-sen University - Lingnan||Guangdong|
|EMBA at the University of International Business and Economics||Beijing|
|FMBA at University of Hong Kong||Hong Kong|
|Fudan University International MBA||Shanghai|
|IMBA program at Peking University Guanghua School of Management||Beijing|
|IMBA Renmin University of China School of Business||Beijing|
|MBA at Hong Kong University of Science and Technology||Hong Kong|
If you haven’t heard yet, business is booming in China, with small businesses increasing by the millions. In fact, when a few simple changes in government regulations took place in March 2014 (at the hands of incoming President Xi Jinping), a Huffington Post article reported that more than 1.76 million companies registered for business. This amounted to an increase of 68 percent over the previous year. The tremendous growth of start-ups and the creation of an estimated 10.4 million jobs in 2014 alone have attracted plenty of foreign MBA students on the entrepreneurial track or otherwise.
Besides desirable job prospects, endless opportunities to launch a start-up, a growing middle class that stands at more than 300 million, and the opportunity to gain that crucial global edge, China offers several coveted paths to earning an MBA. Around a decade ago, the Chinese government approved legislation that made it easier for foreign schools to establish campuses on Chinese soil. This means that students may now enroll in a program at a Chinese university, a university from their home country (or other country) that offers a program in collaboration with a Chinese University, or a university from their home country that has campuses in China.
And the options within these pathways are endless. In 1991, there were just nine MBA programs in China. Today, an estimated 236 programs are available. Although programs are available across China, many of the best are concentrated in Beijing and Shanghai. Just a few options include:
- Beijing International MBA (BiMBA) at Peking University, Beijing
- EMBA at China Europe International Business School (CEIBS), Shanghai
- EMBA at Hult International Business School, Shanghai (also has campuses in Boston, San Francisco, London, Dubai, New York, and the UK)
- EMBA at Sun Yat-sen University - Lingnan (University) College, Guangdong
- EMBA at the University of International Business and Economics, Beijing
- FMBA at University of Hong Kong (HKU MBA), Hong Kong
- Fudan University International MBA (a collaboration between Fudan University School of Management, Shanghai, and the MIT Sloan School of Management, Cambridge, Massachusetts), Shanghai
- IMBA program at Peking University Guanghua School of Management, Beijing (in collaboration with MIT Sloan School of Management, Cambridge, Massachusetts, McCombs School of Business, University of Texas at Austin, and Michael G. Foster School of Business at the University of Washington, Seattle)
- IMBA Renmin University of China School of Business, Beijing
- MBA at Hong Kong University of Science and Technology (HKUST MBA), Hong Kong
University of Maryland’s Robert H. Smith School of Business has a Beijing campus and the University of Southern California (USC) offers an EMBA in collaboration with Shanghai Jiao Tong University. The University of British Columbia (UBC), Sauder School of Business offers a part-time MBA program in partnership with the Antai College of Economics and Management, also at Shanghai Jiao Tong University, and Sprott School of Business (Ontario, Canada) delivers Carleton University’s MBA program in Shanghai, in collaboration with the prestigious Glorious Sun School of Business and Management at Donghua University.
While China offers a long list of MBA programs to students from around the world, the admissions process is lengthy and extremely competitive. Take a look at the application checklist for the IMBA program at Peking University’s Guanghua School of Management here. Regarding costs, tuition for China’s MBA programs is comparable to tuition in the U.S. and other countries. However, travel and housing are major expenses for international students. Keep in mind that China’s housing market is the most expensive in the world. However, many students manage to control costs by sharing housing and travelling (home) less frequently.
The good news is financial aid, in the form of student loans, grants and scholarships, is readily available in the student’s home country. In addition, many business schools in China offer entrance scholarships or others to international applicants. For example, Guanghua School of Management offers over $800,000 in total scholarships to qualified international applicants.
Butler, Steven, and Ben Halder, Ozy. "China's Big Boom In Small Companies." The World Post. The Huffington Post, 6 Mar. 2015. Web. 12 Apr. 2016.
Chen, Chloe, and Russell Flannery. "China's Best Business Schools." Forbes. Forbes Magazine, 26 Apr. 2010. Web. 12 Apr. 2016.
"International MBA." Guanghua School of Management. Peking University, n.d. Web. 12 Apr. 2016.
J.S.S. "Dual MBAs: The World Keeps Coming to China." The Economist. The Economist Newspaper, 10 Nov. 2014. Web. 12 Apr. 2016.
"MBA in China." China Education Center. China Education Center, LTD., n.d. Web. 12 Apr. 2016.
Murray, Seb. "Western Business Schools Turn To China's MBA Market." BusinessBecause. Business Because Network, 18 Sept. 2014. Web. 12 Apr. 2016.
"Studying for an MBA in China." Financial Times - International Edition. Financial Times, 23 Sept. 2011. Web. 12 Apr. 2016.