The US and Europe are among the common regions international students
turn to when looking for a business school to study abroad at, but China
and Hong Kong are quickly rising as business education powerhouses, if
rankings are anything to go by.To get more news about
top mba colleges in China, you can visit acem.sjtu.edu.cn official website.
As the second-largest economy in the world and with Chinese being
among the most widely spoken languages in the world (Babble estimates
that roughly 917 million of the population speak Mandarin), studying in
China and Hong Kong can be a launchpad for success for many
business-minded individuals.
It’s unsurprising why China has already attracted close to half a
million international students to its shores. Here’s why you should
consider attending a business school in China and Hong Kong:
Top business schools
Over the years, business schools in China and Hong Kong have
steadily climbed university rankings. The 2019 QS Global MBA Rankings:
Asia lists the China Europe International Business School (CEIBS) and
the University of Hong Kong as among the top three institutions that are
offering top full-time MBA programmes in the region. “This Chinese
business school achieves its highest score for entrepreneurship and
alumni outcomes, a metric which is particularly significant given the
growing demand from students for MBA programmes to incorporate
entrepreneurial elements,” said QS.
Meanwhile, according to The Economist, when the Financial Times
first published its annual ranking of the world’s 100 best MBAs list in
1999, no Asian school made the cut. “This year 17 have done, nine of
them Chinese. Seven Chinese institutions are among the 90 or so
worldwide to boast the coveted “triple crown” of accreditations — from
bodies in America, Belgium and Britain,” it said.
CEIBS and HKUST Business School were ranked fifth and 19th
respectively in Financial Times’ Global MBA Ranking 2020, while other
schools that appear in the top 50 include Fudan University School of
Management, Shanghai Jiao Tong University: Antai, the Renmin University
of China Business School (RMBS)Featured business school, the Shanghai
University of Finance and Economics: College of Business and the CUHK
Business School.
For many, cost is a major factor when deciding which business school
to attend. Quality education aside, China and Hong Kong can offer
prospective business students an affordable education when compared to
traditional powerhouses such as the US and Europe.
For a rough idea, in 2019, the tuition for the International MBA
students at Renmin University of China Business School for the year 2019
is RMB178,000 (US$26,000) while an MBA at HKUST Business School can
cost students approximately US$105,400. Conversely, the BusinessBecause
Cost of MBA Report 2020 notes that the average total MBA cost by
location is US$123,000 in the US and US$118,000 in Europe. Without a
doubt, China can offer students a more affordable alternative than
traditional B-school destinations.
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