[photopress:student_1.jpg,full,alignright]An excellent article by Ronald Schaefer suggests Peking and Tsinghua University may be losing their lead as magnets for B school students. Both universities can look back at a long history, having been founded in 1898 and 1911, respectively, and at excellent worldwide rankings in the past. The Times rated Peking University in 2005 as the best university in China, the best university in Asia, and 15th best in the world. Most Chinese university rankings, however, place Tsinghua University first in China.
But Newsweek’s recent ranking of the 100 best universities in the world did not contain Peking or Tsinghua. On the other hand there were three Hong Kong universities: Hong Kong University of Science and Technology (HKUST) placed 60th, University of Hong Kong 69th and the Chinese University of Hong Kong 96th.
More than 30,000 mainland students have reportedly applied for enrollment into one of the eight Hong Kong schools, greenlighted by the Ministry of Education to recruit mainland undergraduates. However, the figures accepted will be very, very small. Perhaps 500. On the other hand 40,000 Chinese students attend fee-paying universities. And that is just Britain.