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PROPHE Summary (by Hirosuke Honda):

Just as Chinese Businesses thrive, so do Chinese Business Schools. China's globalization may require 70,000 more top level executive positions but there is a discrepancy of program quality between top schools and the less selective ones. Top tier Chinese MBA programs in public elite universities are usually collaborative ventures with US private business schools such as MIT, Washington University in St. Louis, and Fordham University in New York City. Indeed, their curriculum, tuition, and selectivity are identical to those of Harvard and Wharton, and their faculty members are well-trained from those US partners. In contrast, the majority of schools teach in Mandarin and their instructors' qualifications are questionable. The reported cost of top MBA programs is $25,000 and an average debt is $20,000, but the returns to the graduate are impressive.

For the full story see BusinessWeek online, January 9, 2006, "China's B-School Boom: Meet the New Managerial Class in the Making" Special Report.
http://www.businessweek.com/magazine/content/06_02/b3966074.htm?chan=gb

PROPHE Observation (by Daniel C. Levy):

Though the focus here is not on private institutions per se it is on quite private-oriented units within public universities. The business orientation and the U.S. orientations are striking. "B schools" with such orientations are fast-growing globally, often as private institutions, but in the Chinese case this growth occurs alongside broader parallel changes in higher education and the economy.

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