China is power in business education
China is emerging as a main centre of top-flight business education, according to a Financial Times ranking of Executive MBAs, which shows four of the top 20 programmes are based there.
The finding underscores Beijing's success in meeting growing demand for high-quality business education at home as the Chinese economy emerges on to the world stage. It comes at a time when US visa restrictions have added to the barriers to overseas study.
All of the schools, three run in Hong Kong and one in Shanghai, have western backing.
The highest-ranked Chinese programme is run jointly by the Hong Kong University of Science and Technology and the Kellogg school at Northwestern University, Illinois. It is rated number six in the world, ahead of programmes from Columbia in New York and London Business School in the UK.
The other three Chinese programmes in the top 20 are from the China Europe International Business School in Shanghai, the Chinese University of Hong Kong and the Ivey school from the University of Western Ontario in Canada, which runs a second campus in Hong Kong.
The highest-rated Asian programme overall, however, is under the auspices of the University of Chicago, which runs an EMBA course in Singapore.
The EMBA model is particularly suited to developing economies because, unlike the traditional American MBA, it does not require managers to stop working, says Bing Xiang, dean of the Cheung Kong graduate school of business, which was set up in January 2002 by Li Ka-shing, the Hong Kong billionaire.
Chinese business people and academics believe the country needs to produce 300,000 MBA graduates a year in order to compete internationally and the Chinese government has mandated the top-30 schools to produce 5,000 EMBA students between them each year.
The Asian programmes still have a long way to go before they can dominate the EMBA rankings. This year all five top slots are occupied by US business schools, with the Wharton school at the University of Pennsylvania taking the top spot for the fourth year in a row.
Schools that are located in big cities New York, London, Chicago and Madrid prove strongest, largely because they can draw from a talented pool of applicants.
In total, 49 of the 75 programmes in this year's table are from the US and 20 from Europe.
See separate report
中国4大学进入EMBA全球排名前20
《金融时报》对高级管理人员工商管理硕士(EMBA)的排名显示,中国正在成为一流商业教育的一个主要中心。该排名显示,前20位课程中有4个位于中国。
这一发现突出显示,随着中国经济出现在世界舞台上,中国政府成功地满足了对高质量商业教育日益增长的需求。而此刻美国的签证限制已增加了出国留学的障碍。
三家商学院位居香港,一家在上海,所有这些商学院都有西方商学院作后盾。
排名最高的中国课程由香港科技大学和伊利诺斯州西北大学凯洛格商学院联办,全球排名为第六位,位列纽约哥伦比亚大学和英国伦敦商学院所开课程之前。
前20个课程中的另三个中国项目来自上海的中欧国际商学院、香港中文大学和加拿大西安大略大学毅伟商学院。毅伟商学院在香港开设了第二个校区。
但在所有课程中,评级最高的是由芝加哥大学主办的项目。芝加哥大学在新加坡开设了EMBA课程。
长江商学院院长项兵表示,EMBA模式尤其适合发展中经济体,因为这种模式不像传统的美式MBA,不需要经理人员停止工作。长江商学院于2002年1月由香港亿万富翁李嘉诚建立。
中国的商界人士和学者相信,为了参与国际竞争,中国需要每年培养30万名MBA毕业生,中国政府已要求30所顶级商学院每年培养共5000名EMBA学生。
亚洲课程要想主导EMBA排名,仍有漫长的路要走。今年的前5名全部由美国商学院占据,其中宾夕法尼亚大学沃顿商学院已连续第四年获得第一。