1. Trends and Issues for the MBA Market in China June Qian Prof. and Assistant Dean School of Economics and Management Tsinghua University 40 th PIM Meeting – Beijing, China, November 7 th, 2013

2. An Overview of MBA Market in China MBA: started from 1991 with 9 schools authorized by the Ministry of Education of China EMBA: started from 2002 with 30 schools

3. An Overview of MBA Market in China 237 schools in China authorized for MBA programs (among which 62 also authorized for EMBA programs) Cumulative admission nationwide –MBA: 350,000; EMBA: 65,000 Cumulative graduates –MBA: 240,000; EMBA: 40,000 Total admission in 2013 reaches –MBA: 431,500; EMBA: 8,500

4. Numbers of Applicants and Admissions (1997 – 2013)

5. Trends in China MBA Market Curriculum Redesign and Development Admission Improvement Internationalization International Accreditations and Rankings Innovation

6. Curriculum Redesigning Leadership and entrepreneurship Business ethics and CSR Communication and teamwork China root and global vision Integrative courses

7. Admission Improvement Challenges –Large part-time program demand –Program goals National admission test –Only one choice of school –Admission is heavily based on the test performance Improvement by Top-tier B-schools in China –Interview before test –Conditional admission –Final admission after test

8. Internationalization Program internationalization –All English taught programs (14 schools) –International exchange programs –Short visits (as an integrative part of courses) –Dual-degree programs –Summer schools Schools’ internationalization –Membership of international organizations –International accreditation and rankings

9. International Accreditations and Rankings International accreditation (by August 2013) –9 Chinese mainland B-schools accredited by AACSB International –10 Chinese mainland B-schools accredited by EFMD EQUIS –A dozen Chinese B-schools are currently in the pipeline International rankings –2013 FT EMBA Ranking: 9 EMBA programs ranked top 100 (3 in top 10) –2010 FT EMBA Ranking: 2 (ranked as 18 th ) –2012 FT MBA Ranking: 2 MBA programs ranked top 100 –The number will increase in the near future Becoming international competitive in MBA market

10. Innovations Integration with the University: Tsinghua as a case Strategy of combining strengths of B-schools and those of the universities and a new attempt in exploring innovative educational models –MBA+x Collaborate with 10 schools/departments MBA degree + a professional master’s degree from another school/department –x-lab: a platform for the whole university to facilitate cross-disciplinary collaborations to integrate resources from inside and outside of the university to provide new business models and paths to realize social value MOOCs

11. Challenges Decreasing demand for exchange by MBA students –Increased demand for part-time programs –Pressure on job seeking More short –time visits might be a solution

12. Thank You!