China maybe one of largest suppliers of international students, but it
has also been catching up to become a favored student destination, as
per data from the Chinese Ministry of Education, released earlier this
year. Among the nearly half a million foreign students, 15%, or over 66
thousand are enrolled in various forms of Masters and other post
graduate ventures.To get more news about
Master in Management China, you can visit acem.sjtu.edu.cn official website.
In a bid to promote their educational institutions, the country has been
investing in universities and higher education system, bringing up the
quality of their universities to the level of premier world class
institutes. To enhance their global standing, nine of the premier
Chinese universities have also partnered with Oxford, Cambridge, Durham,
University College London, and other UK greats.
Seven universities, in China, are considered among the top 150 in the
world, with four in the top 50, according to the QS World University
Rankings. Read Top higher education systems in the world.The MBA degree,
in China, is a natural offspring of the PRC economic reforms, which
began in the late 1970s. In a matter of decades, the private sector has
become a massive contributor to the Chinese GDP. The liberalization of
the market also sparked the need for trained professionals capable of
setting up, sustaining, and expanding, businesses.
Thus came the growth of in-grown market business professionals, or
Business Administrators. Prompted by the government, 9 universities
embarked on a mission to school the future business leaders in China.
Over the years, the efforts have multiplied to house over 200 reputable
business schools, offering world class MBA degrees.
In fact Peking University, Shanghai Jiao Tong University, and Tsinghua
University even feature in the top 50 universities with the best
business degrees in the world, according to QS, with many offering
classes in English, for international students. The presence of
international faculty members also aids in making these programs
universal.
The attraction for a Chinese MBA is obvious. It provides an environment
suited to business training within one of the most dynamic and fast
growing economies in today’s world. Their growth pace is evident by the
increasing mobility of overall international students to China, in all
fields and levels. International enrollment has increased by 15% between
2012 and 2014. And China is expecting about 500,000 foreign students by
2020.Financial Times estimates that salary, after securing an MBA from
one of the elites like CEIBS, can be $160,000. That is a 155% post-MBA
salary hike – an indication of the quality of the program. Numbeo’s cost
of living puts Shanghai, one of the most cosmopolitan cities in China,
at a whopping ~$670 per month, without considering the rent. Beijing is
about a $100 cheaper. The super-salary manages to put a nice balm over
the expense sore.
Here is a table with a few necessary estimates needed to keep you alive
and well for that prestigious MBA. Quality of Life index is at a
moderate 76, driven down mostly by cost of living and pollution index.
Read Living and Studying in China as an International Student.
The Wall