Where to Pursue EMBA in China?
Review Chinese EMBA programmes in 2008
If you would like to enroll in an autumn intake of a leading Chinese EMBA programme this year, you need to pay over 300,000RMB, 14% higher than last year. Professional managers and entrepreneurs now are reconsidering the ROI of EMBA education. Career development needs start to be their priority, followed by pursuit of a MBA degree.
There are around 50 EMBA programmes in Mainland, graduating 6000 alumni every year. Three courters are programmes delivered in Chinese language (including classes taught in English than translated in Chinese) and one courter is programmes delivered in English. 90% of students are enrolling in Chinese EMBA programmes and only 10% are in English ones. Therefore, Chinese language EMBA programmes are the major players in EMBA market in China.
The major providers of EMBA programs in China can be divided into three groups:
1. Local: Offered by management schools of some well-known universities in China, such as Tsinghua EMBA, Fudan EMBA.
The government first realized and acted on the need for business education among the country’s most senior managers in September 2002, when the Ministry of Education (MOE) officially authorized 30 of the top business schools throughout China to launch EMBA programmes, with 10 of them given an intake quota of 300 students and 20 of them given an intake of 100 students a year. These programme are directly supervised by the MOE.
2. Independently operated institutions: Such as China Europe International Business School (CEIBS) and CKGSB. CEIBS was the first to foresee the coming demand for executive education and started China’s first EMBA programme in 1995 in Shanghai.
3. Joint-venture: In addition to launching the 30 state-supervised programmes, the government also gave some of the country’s business schools permission to partner with foreign institutions. This has brought a massive influx of foreign business schools eager to tap into China’s massive market. One example is the Washington University in St. Louis, Olin Business School, which has run a joint venture EMBA programme with Fudan University since 2001.
In the past 6 years, Chinese EMBA programmes are growing very fast and attracted major economic force going back to school. EMBA becomes cash cows for most of business schools and even for mother universities. Although the first tier programmes kept increasing tuition fee every year, the market is so competitive that the second tier programmes did not dare to do any price change. Currently, how to maintain their roles in the market place starts to be a major challenge for most of programmes in economic uncertainty.
Here to summarize some market trends of EMBA programmes in 2008.
Globalization
Performance of overseas schools
