Over the past decade, business schools in China have noted a steady year on year increase in the number of students pursuing MBA programs. An MBA from a top Chinese business school not only guarantees a career boost, but also equips you with a deeper understanding of the Chinese business world. Few industries nowadays are unconnected to China, which, in fact, means a Chinese MBA has significant value no matter where you decide to pursue your career.
As we have mentioned in numerous articles on our blog, there are many challenges of studying in China, but the rewards will significantly outweigh the difficulties. Learning to overcome cultural differences, the language barrier, as well as different approaches towards doing business is a must for any future manager with a career related to China. Obtaining an MBA from a top Chinese business school will stand you in much better stead to work in a changing Chinese and international environment.
There are many international MBA rankings, therefore you will most probably feel a bit overwhelmed while in search for the perfect business school. MBA programs are changing very quickly, in order to best tailor to students’ needs and the changing business environment. Following this change, rankings are improving and transforming rapidly as well. But how many of the well-known rankings are really worth considering? And how much weight should you give business school rankings in deciding which university in China to go for your MBA?
Like with most important decisions in life, there is no simple answer. Rankings certainly make a difference for prospective students. Research shows that the number one factor in choosing a business school is its reputation and image. In consequence, a ranking can be seen as the most influential measurement of reputation and image. However, the truth remains, every ranking has flaws built into them.
When it comes to ranking international MBA programs, research tends to show that The Financial Times is the most important, however it is only one of the places you should look in while deciding which Chinese MBA program will best suit your individual needs. Let us walk you through some of the top choices of this year’s FT Ranking, as well as a few more selected top Chinese Business Schools.
This year’s newest FT Global MBA Ranking features the world’s best full-time MBA programs. All Chinese MBA programs from Mainland China, featured in the FT Ranking, are internationally accredited by AACSB or Equis and meet strict entry criteria. Alumni are surveyed three years after graduation so the programs need to be at least four years old.
China Europe International Business School (CEIBS) is first on the list among Mainland China business schools. The school, which ranked 17th in the Global FT Ranking, was co-founded by the Chinese government and the European Union, with Shanghai Jiao Tong University and the EFMD serving as its executive partners. Leaders from the Chinese central government, the European Union and the Shanghai Municipality have repeatedly claimed CEIBS a cradle of excellent executives and a role model of EU-China cooperation.
CEIBS offers China’s largest full-time, English-taught MBA (EMBA) program, which is currently the world’s largest EMBA program. CEIBS is also the first business school in mainland China to have been accredited by both EQUIS and AACSB and the only business school in Asia to have simultaneously made it to the Financial Times top 30 list of MBA, EMBA and Executive Education programs.
Shanghai Jiao Tong University Antai College of Economics and Management, runner-up among business schools in mainland China, ranked 39th on the Global FT MBA ranking, up by 16 positions compared to the previous year. The school is located in the heart of China’s business capital, and is consistently ranked among the Top 3 business schools in China. It is also is the first business school in Mainland China to be triply accredited by AACSB, EQUIS, and the Association of MBA’s. Antai offers full-time and part-time MBA programs.
The SJTU ACEM MBA program is known for training students with an international perspective, while focusing on China, integrating most important elements of Chinese culture and knowledge into real life business case studies. Professors at ACEM nurture innovation and creativity and are well-known experts in their fields. Students are taught the high ethical standards required for doing business in/with China, and are provided with global business management knowledge, crucial for true business leaders and industry elite. The school provides a one-of-a-kind opportunity for students to apply their studies in practice though numerous internship opportunities, guest lecturers, company tours and much more.
Third place on the podium belongs to Renmin University of China School of Business (RBS). Ranked 43rd in the Global FT MBA Ranking, RBS is the first business school to offer an MBA in China and is considered by many a cradle of China’s Business Education. Professors at RBS provide students with expertise in Chinese and international business practices, reflecting the School’s mission of “China Root, Global Reach”.
RBS aims to develop global leaders, who make optimized business decisions based upon technical foundations, a socially responsible perspective and management practice. The program is carefully crafted to offer a practical approach to training in management practices.
Fudan University School of Management (FUSM) ranked fourth among Chinese business schools and 47th in the Global FT MBA Ranking, up by 8 positions compared to 2015. FUSM is among the first universities in China to establish an EMBA program. The program’s goal is to raise “commanders” – successful leaders for Chinese economic development, taught by top Chinese scholars from around the world.
To fully benefit from Fudan University’s profound humanity deposits, “Humanity Seminars” are set up for the program, working to help students update and improve their knowledge of management, and enhance each student’s holistic perspective over the Chinese and international business environment.
The list of top Chinese Business Schools is much longer than the four schools included in the 2016 FT Global MBA ranking. In fact, there are tens of other business schools, which offer invaluable learning and practical experience and a first-class education. Let us introduce you to a few hand-picked top Chinese Business Schools and their amazing MBA programs.
The Cheung Kong Graduate School of Business (CKGSB) is China’s first privately-owned school and was established with the support of the Li Ka Shing Foundation, which has channeled nearly US$2 billion to education and healthcare organizations. In 2011, the alumni group’s combined companies raked in $1 trillion in revenue, accounting for 12.7% of China’s GDP. If CKGSB’s alumni network were a nation, it would be the 16th largest economy on earth.
The CKGSB MBA program is a 14-month, full-time English language program, which develops ambitious professionals and helps them become global business leaders with a real understanding of China and other emerging economies. CKGSB’s MBA program offers you unique mentoring opportunities, during which you connect with the leaders of China’s largest private and public sector enterprises.
The Xi’an Jiaotong-Liverpool University is another option you should strongly consider while choosing an MBA program in China. XJLU offers a contemporary and highly creative, world-class MBA program through close cooperation with the University of Liverpool. Thanks to this cooperation, you will be immersed in the business practices and cultural complexities of both China and the Western world. The program is designed to prepare you for success in today’s dynamic global business environment. It is developed to international standards with value- added, China-specific content.
The Tsinghua-MIT Global MBA Program is another must on our list of the best MBA programs China has to offer. It’s tailored for future leaders, who aspire to enhance their careers on to the global stage while keeping a focus on China. The Tsinghua-MIT Global MBA Program is distinguished by its world-class learning experience, high-caliber global student body, and unrivaled access to the best of China. The program’s comprehensive and rigorous curriculum is balanced between knowledge and practice, hard and soft skills, global perspectives and China roots.
Last but not least is the Peking University Guanghua MBA program, which comprises a rigorous curriculum covering core business practices complemented by subjects focused on the Chinese business market. This suite of specialist courses is designed to equip students with a profound understanding of the complex Chinese business environment, thanks to which you can truly understand the subtle, and often ambiguous, details that define business in China.
While working on your MBA at any of the above-mentioned MBA programs, you might find internship opportunities, these can be a great source of real-world learning before you graduate. Top Chinese MBA programs also allow you to specialize and focus on a specific industry, which in turn enables you to test different career paths before you decide which one to choose.
Major multinational corporations recognize China’s global role in the changing business arena. An MBA from China and all that comes with it – new knowledge, experience, a fresh perspective and a vast network of contacts – will become one of your most valuable assets, no matter where you work in the world.
Chinese business schools are moving forward at a fast pace and are an excellent choice when searching for the perfect MBA program for you. The attraction and a noteworthy benefit is a substantial leap in developing a deep understanding of all aspects of the Chinese business environment, which only a mainland Chinese business school can offer.
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