Weblog Topics
Growing pains of the b-school
Filed Under:
weblogtopic.2005-09-24.6034632034
Business Week has a thorough features on the fast-emerging business schools in China, using a survey under what they describe 1,000 b-students on the 16 top b-scho0ls. No clue really what would constitute a 'top business school' in China; I thought that would be limited to maybe half a dozen.
They illustrate how Chinese b-schools attract more students, while especially US business school see falling numbers of students.
What they have missed, I feel, is the financial condrum Chinese b-school graduates are in. Over the past decade many Chinese went abroad for their MBA-study, but compared to international standards, salaries for Chinese graduates in China are still rather low, compared to similar function in the US or Europe.
So, only Chinese graduates who cannot get a job on an international level return to China and prospective students increasingly decided that going abroad for their MBA might not be worth the effort. B-schools in China might be an alternative, but admittedly on a lower level, especially financially. In that way low wages are also an issue in managerial functions.
books on business schools
They illustrate how Chinese b-schools attract more students, while especially US business school see falling numbers of students.
What they have missed, I feel, is the financial condrum Chinese b-school graduates are in. Over the past decade many Chinese went abroad for their MBA-study, but compared to international standards, salaries for Chinese graduates in China are still rather low, compared to similar function in the US or Europe.
So, only Chinese graduates who cannot get a job on an international level return to China and prospective students increasingly decided that going abroad for their MBA might not be worth the effort. B-schools in China might be an alternative, but admittedly on a lower level, especially financially. In that way low wages are also an issue in managerial functions.
books on business schools