[photopress:chinese3.jpg,full,alignright]A report in the South China Morning Post answers a key question: what kind of return you can expect on your investment in studying for an MBA?
One example: graduates at the China-European Institute of Business in Shanghai averaged salary increases of 154 per cent.
Tuition fees for a full-time MBA cost HK$249,000 at the Hong Kong University of Science and Technology (HKUST). The programme at the University of Hong Kong costs HK$280,000, but that includes a semester at the London Business School.
Dan Rudolph, senior associate dean of operations at the Stanford School of Business, pointed out that the real return on investment often came many years after graduation. He said, ‘What we find is that an MBA puts students on a new and higher trajectory. The difference after two or three years is significant, but it becomes even more striking after 10, 15 or 20 years. As their career progresses, you find people in an entirely different class than they would have been in otherwise.’
Source: South China Morning Post
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