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Business Week article, Chinese B-Schools Lift their Game,
December 4, 2007
...Business education in China has come a long way. The first MBA programs
at nine Chinese universities started accepting students only 16 years
ago. Today, 96 universities offer more than 230 MBA and executive MBA
programs. Tuition costs as much as $32,000 for a one-year program, more
than any other degree in China...
...Foreign case studies haven't been thrown out altogether, but the new emphasis on Chinese business reflects the changing priorities of China's business schools. As the curricula become more relevant to Chinese students, the schools' reputations are improving, and more local students are choosing to stay home rather than earn degrees abroad. In an exclusive poll of 253 recruiters from such companies as Huawei, General Electric (GE), and Nokia (NOK), 34% of respondents called the supply of high-quality talent from China's MBA programs "excellent" or "good," up from 19% last year, according to BusinessWeek China's third annual survey of Chinese B-schools. The quality of MBAs "is becoming better and better," says Mike Wang, human resources manager at Morgan Stanley (MS) in Beijing...
There is huge demand for business education in China. I think individuals and corporations are beginning to find they cannot manage in the global economy without world class talent. Many US, UK, and European business schools have entered the market and have gotten a welcome reception. My experience is that many Chinese companies get western strategy help, but cannot implement the recommendations because their people do not have the skills. I think we will see the number of students seeking a business education continue to grow dramatically.
Posted by: ralph poole | Tuesday, 11 December 2007 at 04:30 AM
Yes, it's interesting to observe the emergence and growth of Chinese business school and/or business education in China.
Personally, I also interest to explore why business schools in Taiwan can't play a leading role along with the increasing demand for high quality manager in China market? Could institutional boundary explain all? I don't think so.
Or put it in another perspective, why management research/education in Taiwan can't take a lead for the business/management education in the Great Chinese area(include China, HK, Singapore), comparing with its economic development in late 1980-2000?
I know these questions may significantly annoy those senior incumbents in management education/research in Taiwan, but those are really interesting inquiries, aren't they?
Posted by: Der Chao Chen | Friday, 07 December 2007 at 03:44 AM