In January 2006, BusinessWeek published an article entitled ‘China’s B-School Boom,’ noting the flood of Western educational institutions setting up programs in China, in order to ‘tap into the enormous demand for talent created by China’s white-hot economy.’
In May the same BusinessWeek ran an article entitled ‘China: Why Western B-Schools Are Leaving.’
Executive education is, and will remain, crucial to the economic reform agenda in China.
McKinsey recently released a report about the dearth of talented managers in China, which Dean Rolf Cremer of China Europe International Business School asserts is ‘the most important bottleneck to bringing about reform in China.’
So why do the universities not prosper? Why do some of them shut down?
Patrick Moreton, assistant dean and managing director of Washington University-Fudan University’s executive MBA Program gave a most acceptable and intelligent explanation.
He said that to succeed, Western EMBA programs need students who have enough knowledge and experience with international business to take advantage of the training of a professional EMBA degree.
He said: ‘Ideally, these programs look for people with 10-15 years of experience working in international companies. This means that the target population available for JV EMBA programs now entered the workforce somewhere in China between 1992 and 1995.
‘At that time, the number of multinationals operating in Shanghai was quite small, so the entry point to the pipeline that feeds Western EMBA programs today is really small.’
Much, much more on this fascinating subject HERE.
Source: China International Business