Best MBA programs in China for international students
Top business schools in China – Ranking, costs, salaries
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.
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.
Why study MBA in China?
Economic Reforms and Business Education
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.
Quality of Life
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.
|Item||Cost per month (Shanghai)|
|Rent for a one-bedroom apartment||$550-$1,100|
In this article, we will list out some of the famous, well reputed, MBA programs in China. Garnished with useful accompanying information for your benefit – Full Time MBA, Part Time MBA, Executive MBA, duration, tuition and scholarship.
Best MBA Programs in China
|1||Peking University-Guanghua School of Management||#36 (QS-Business Degree)|
|2||Tsinghua University||#40 (QS)|
|3||Shanghai Jiao Tong University-Antai College of Economics and Management||#46 (QS)
#34 (Financial Times – FT)
#4 (Forbes 2-Year MBA)
|5||University of Hong Kong||#39 (FT)|
|6||CUHK Business School||#36 (FT)|
|7||HKUST Business School||#15 (FT)
#5 (Forbes 2-Year MBA)
|8||Fudan University||#51-100 (QS)|
|11||Renmin (People’s) University of China||#151-200|
|12||Sun Yat-sen University||#151-200|
|13||University of Science and Technology of China||#151-200|
Full Time & Part Time MBA in Top B-Schools in China
|Program Name||Duration||Tuition (approx. in USD)|
|Peking University (Gunghua) – Full Time MBA||2 years
|Tsinghua University MIT Global MBA||21 months||$30,500
|Tsinghua University Part Time MBA||33 months||$42,800|
|Shanghai Jiao Tong University – Full Time International MBA||2 years
|Shanghai Jiao Tong University – Part Time MBA||2.5 years
|CEIBS – MBA||18 months||$61,400
|CEIBS – Finance MBA Part Time||2 years||$72,000|
|HKU – Full Time MBA||14 months||$67,100 for 1 year
|HKU – Part Time MBA||2-4 years||$48,300|
|CUHK – Full Time MBA||12-16 months||$67,100
|CUHK – Part Time MBA||24 months||$49,200
|CUHK – JD (Juris Doctor) MBA||36 months (FT)
60 months (PT)
|HKUST– Full Time MBA||12-16 months||$75,300
|Fudan University – Full Time International MBA||2 years||$42,000
|Fudan University – Part Time MBA||2.5 years||NA|
Executive MBA in Top B-Schools in China
|Program Name||Duration||Tuition (approx. in USD)|
|CEIBS – Global Executive MBA||20 months||$96,600
|HKU – EMBA Global Asia||16-20 months||$175,000|
|HKUST– MBA for Professionals Weekly Part Time||2 years||$55,200|
|HKUST– MBA for Professionals Bi-Weekly Part Time||2 years||$61,000|
Not listed, above, are the program details, for the universities mentioned with subsequent ranking slots, and those of double degree MBA options offered in collaboration with other globally recognized institutes. Reputed ones include the Shanghai Jiao Tong University Double Degree MBA and Tsinghua Dual Degree MBA Programs.
With the multitude of avenues opening up for excellence in business training, in Asia, add one more name to your possible MBA degree destination. Research your requirements against what Chinese MBA has to offer.
Do you hear the dragon calling?
If not, there’s always so much more to find out.
- Best one-year MBA programs in the world
- 16 things every CEIBS MBA applicant should know
- CEIBS China vs SDA Bocconi – An Applicant’s Experience