Wang Jianmao, writing in the current edition of the Far East Economic Review, contrasts China’s ambitious plan for the development of its science and technology program with the needs for the right management expertise to guide the process. Much is being done.
Based on a pilot project to introduce MBA education into China, the China Europe International Business School (CEIBS) was established in 1994 as a joint venture institution between the Shanghai Municipal Government and the European Commission. As a ‘special education zone,’ CEIBS was granted full autonomy to design programs according to best practices overseas, recruit professors from world-class institutions across Asia, Europe and the U.S., admit students through its own admission exam and issue its own degree certificates. Although there had been earlier state-run business schools it could be argued this was perhaps the first true international MBA program in China.
Now CEIBS is offering the largest full-time international MBA program in China and the largest EMBA program in the world. The two programs are respectively ranked 21st and 13th globally by the Financial Times. This month, CEIBS and Ross Business School of University of Michigan reached an agreement to exchange MBA students. Ross Business School of University of Michigan was 14th in the Financial Times 2006 MBA Ranking. The exchange between CEIBS and Ross will start in 2007.
CEIBS in China It is not alone in offering world class business education.
In 1996 Tsinghua University in Beijing and Fudan University in Shanghai established their international MBA (IMBA) programs in cooperation with MIT’s Sloan School of Management. The programs were jointly developed by the American and Chinese partners, following the model of Sloan MBA. The Lingnan College of Sun Yat-sen University in Guangzhou entered into a similar partnership with Sloan in 1999. All these Chinese-foreign cooperative MBA programs admit students through the same admission exam and issue the same degree certificates designed by the Academic Degree Committee of the State Council as their wholly state-owned counterparts.
Source: Far Eastern Economic Review