Are you interested in pursuing an MBA in China? In this article, we will explore why studying in China is beneficial and list the MBA colleges in China to help you make an informed choice.
China is the world’s fastest-growing economy, accounting for over 50% of the global market share in 2019. Additionally, it has a literacy rate of 96.7% with over 40 million students enrolled in over 3,000 universities. In 2020, China was known as a city to have the second-highest number of top universities. Owing to these factors, one would say studying in China would likely benefit you in the long run.
We will list out a few reasons in detail as to why pursuing an MBA in China is beneficial for you.
MBA in China
Here are a few reasons why pursuing an MBA in China is beneficial for you:
An MBA program in China costs you far less than an MBA program in the UK, the US or Europe. Pursuing an MBA program in China can range from around $2500 to $10,000 depending on which institution you choose to pursue your MBA in. Whereas, pursuing an MBA in the US and the UK costs you anywhere between $ 50,000 to $ 75,000. This means that you spend about five times the amount in acquiring the same degree in the US or the UK.
Over the past few years, the Chinese government has been trying to make China student-friendly. To do so, the government has increased the number of scholarships it offers to international students. In the year 2020, over 40% of international students who had begun their program in China, received a scholarship or a grant from the government for the duration of their program. Additionally, universities such as the Chinese University of Hong Kong and the China Europe International Business School that offer various MBA programs offer 30 and 20 scholarships respectively each year for their international students.
Most universities and business schools in China offer joint MBA programs with their partnered universities in the US, the UK and Europe. Pursuing an MBA in China will allow you to study a semester or two in one of the partnered universities. Additionally, you will also be provided with an opportunity to do a summer program or an internship with the partnered universities. Some of these partnered universities include London Business School and University College London in the UK and MIT Sloan School of Management in the US.
China is home to many multinational companies such as Lenovo, Huawei, Haier, and many more. It also houses some global retailers Walmart and Trader’s Joe. Additionally, many western MNCs such as Apple, Johnson & Johnson, Mitsubishi, Toyota, Samsung, Nike, Colgate-Palmolive, Gucci, and Abercrombie & Fitch, operate in China. These companies also draw a large amount of revenue from the country. As mentioned, with the economy on the rise and the presence of a global market, multiple career opportunities are available to you once you graduate. Additionally, most Chinese universities such as CEIBS have gained a 90% employment rate after graduation.
A recent study has shown that while graduates from universities in the US and the UK have seen an 80% to 100% increase in their salaries after their first two years of employment, graduates from Chinese universities have seen a 147% increase in their salaries. This means not only are you provided various career opportunities once you graduate but you are also offered incredible monetary benefits as well.
MBA Colleges in China
Now that you’re aware of the benefits of pursuing an MBA in China. Let us take a look at the MBA colleges in China you can apply to.
The top MBA colleges in China along with the MBA programs they offer are as follows:
|China Europe International Business School||MBA, Finance MBA, Global Executive MBA||Shanghai, China|
|Wuhan University||International MBA||Wuhan, China|
|Fudan University – School of Management||International MBA, Part-time MBA||Shanghai, China|
|University of Hong Kong – HKU Business School||Full-time MBA & Part-time MBA||Hong Kong|
|Hong Kong University of Science and Technology – Business School||Full-time MBA, MBA for Working Professionals||Hong Kong|
|Cheung Kong Graduate School of Business||Full-time MBA||Beijing, China|
|Peking University – Guanghua School of Management||International MBA, MBA, Executive MBA||Beijing, China|
|Tongji University – School of Economics and Management||International MBA, Global MBA||Shanghai, China|
|Chinese University of Hong Kong – CUHK Business School||Full-time MBA, Part-time MBA, Executive MBA||Hong Kong|
|Shanghai Jiao Tong – Antai College of Economics and Management||MBA, International MBA, Executive MBA||Shanghai, China|
|Tsinghua University||Global MBA, Full-time MBA||Beijing, China|
|Sun Yat-Sen University – Sun Yat-Sen Business School||International MBA, Executive MBA, Full-time MBA, Part-time MBA||Guangzhou, China|
As you can see, universities and business schools in China offer multiple MBA programs for you to choose from.
These are some of the benefits of pursuing an MBA degree in China. And, now that you know the benefits of studying here, you can choose to study in the top MBA colleges in China. All you have to do is decide which university and program is the right fit for you. Once you have made your decision, you can begin your application process.
All the best!