Domestic MBAs on the rise

In the 1990s, only a few universities offered MBA (Master of Business Administration) programs.The first batch of China’s MBA schools was officially launched in 1991 in nine institutions, including Peking University, Renmin University of China and Fudan University. A total of 86 students were enrolled, most of them university graduates majoring in economics and business.

The enrollment of MBA students reached 10,000 in 2000. MBA graduates’ annual income surged.

The average income of graduates from the class of 2003 in China’s top 10 MBA schools grew between 64.3% and 116.2% in the three years to 2006.

Since then, the supply of MBAs seems to have caught up with the demand.

But as the corporate sector continues to expand, the demand for management talent has remained strong.

The attributes most valued by corporate recruiters are global vision, strategic thinking, strong executive power, as well as sound communications and coordination skills.
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Source: China Daily