[photopress:zhenjiang.jpg,full,alignright]The Management School of Zhejiang University has received accreditation from the Association of MBAs (AMBA) for both its MBA and EMBA programs.
Professor Wang Zhongming, Executive Dean of the School of Management at Zhejiang University, said, ‘I’m very happy that we’ve received accreditation. This is a breakthrough and also a recognition of our education approach that focuses on local and private Chinese SMEs.’
This is the first time that a Chinese state-run business school has received international accreditation.
According to people close to Peking and Tsinghua Universities, the management schools of both have applied to another internationally recognised accreditation body: the Association to Advance Collegiate Schools of Business, (AACSB).
Meanwhile, Antai College of Economics & Management, which is part of the Shanghai Jiao Tong University has become a member of both AACSB and Equis, the major European accreditation body. And the management school of Fu Dan University is seriously considering filing its application.
Ceibs, an independent Chinese business school, gained Equis accreditation in 2004.
For their own parts, AMBA, AACSB and Equis have revealed that they are all looking at a number of business schools in China.
Henry Wang, Chairman of WRSA Chamber of Commerce of China — a leading organisation for Chinese scholars who have returned from the west — said, ‘It’s important that Chinese business schools gain international accreditation. As China joins the WTO, its business schools should join the race and be judged by international standards.’
Source: Financial Times