By: Peter von Loesecke
CEO and Managing Director, The MBA Tour
The MBA Tour starts its July Tour across Asia with an interesting mix of Asian, European and US programs. The mix reflects a growing trend among prospective MBAs across Asia, and the growing popularity and strength of Asian programs. This trend benefits all participating schools and students. For students it brings more choice, and for schools outside Asia it brings competition which always results in more innovative program offerings.
US programs delivering more options
While most US programs range between 18 to 24 months in length, two programs on the East Coast on the tour have 12 month programs: Cornell and Bentley University. Cornell’s accelerated 12-month program requires a Masters degree in a scientific discipline. Bentley’s requirements are somewhat less selective. The University of San Diego, Willamette and St Thomas all offer traditional two year programs. They are all smaller programs and target different demographics. Willamette’s program is perfect for a person wanting to get an MBA earlier in their career. The University of San Diego is located in one of the most scenic areas of the country and has a beautiful campus right near downtown San Diego. St Thomas is located in Minnesota, one of the more innovative regions in the US especially in healthcare. They also offer a consulting engagement as part of the curriculum that provides great opportunity for exposure to local business leaders.
European programs focusing in on alumni, diversity and innovation
Three programs from Europe will offer very different experiences too. IE Business School is a highly ranked program from Spain. They have a large alumni network and a very diverse enrollment. MIP from Italy is part of a world class technical school and has strong track record in innovation. Skolkovo is a new program from Russia and their focus is helping students manage in emerging economies. This is a relatively unique approach and students from fast growing economies like China and India should consider this program.
Reputation growing for Asian b-schools
If you are looking to remain in Asia or South Asia the tour has participation from programs with strong reputations. Let me start with the youngest program from Shanghai Jiatong. I visited this program when it first opened. It has a first rate faculty and programs directed towards Finance. The next Chinese school is CEIBS, the most well known international MBA program in China. CEIBS has connections with the best business schools in the world and they have a world class faculty. Their Shanghai campus is beautiful and rivals most campuses anywhere in the world. CEIBS either full time or as an exchange is a must for anyone wanting to learn more about China. Next is the National University of Singapore (NUS) business school. This program has strengths in teaching about the culture and conduct of business in the Asia Pacific region with the best knowledge and business management skills from the West. NUS has strong partnerships with industry, world-class facilities, various scholarships available, and a strong alumni base across Asia. Rounding off the slate of Asian business school is the Indian School of Business (ISB). One of the most competitive schools in the world, this program is poised to be the number one b-school in India. ISB is known for its unique perspectives on emerging markets, especially on India and China, which are key markets for many of the world’s leading corporations. ISB’s curriculum shares best practices on how to combine technology and entrepreneurship, and emphasizes the opportunities of the global economy.
Multiple campuses offer unique experiences
Finally, some schools are not satisfied with one main campus and have decided to have many. Hult International Business School is one of them. With campuses in Cambridge (USA), Shanghai, Dubai, San Francisco and London, Hult wants their students to experience a global education during their course of study. It is one of the few schools that has multiple campuses and wants you to experience them all during your course of study.
Tuition costs varying greatly
Tuition at these programs varies significantly so be sure to investigate their costs. The American schools will typically cost more and scholarship offers are very sought after. The European and Asian schools tend to be less expensive because they are shorter programs.
To find out more about the above programs and other b-schools from around the world visit our comprehensive program listings at: http://www.thembatour.com/studentArea/MBAPrograms.jsp.