If you begin to consider an MBA, both for what ideas need to think about your career direction and goals - to consider whether we really need an MBA overseas to help you achieve your goal. For example, not all entrepreneurs need to study MBA. But there are indeed some very good schools, who want to help their companies are provided with almost all the relevant knowledge, skills and resources.
MBA on overseas income is benevolent views; unwise. As for choosing the MBA overseas, you may need only one of which would be sufficient to apply for a determination. The cause of the upgrade, a new career development opportunities, personal values up sharply, with overseas MBA can bring the most direct benefits. Career transition, the world's leading investment banks and management consulting firm, annually to a handful of business schools for campus recruitment. The most advanced business management knowledge and international perspective, international alumni to experience a valuable learning experience overseas.
The high cost of benefits
American MBA projects normally for two years, the majority of the MBA in Europe for 14 months to 18 months. The Harvard Business School as an example, the annual tuition fee is 41,000 dollars, plus various fees, living, accommodation, the total will reach 73,300 dollars, in other words, the combined cost of two years more than 140,000 dollars. Nearly ranked schools, basically two years of tuition cost of living to 120,000 dollars. Contrast domestic business school, Central Business School in 2007 tuition is 169,000 yuan, in two later; Graduate tuition in 2008 to 24 million yuan.
Two years, over one million yuan of investment is not a small number. Some money has annual income of the applicants, the opportunity cost is even greater. If we simply from the School of Business, the average starting salary for graduates compared to the "Business Weekly" The latest data, the Harvard Business School graduates, the average starting salary for new graduates hundred thousand dollars around, with nearly 20,000 dollar signing bonus, add up to nearly 120,000 dollars. China-EU Business School MBA graduates in 2005 called the average annual salary for 250,000 yuan. Two years after graduating MBA, career choices will be more broad salary growth is also very significant. Returns from the investment perspective, the overseas MBA is indeed a good choice.
The timing of a decision risk
Since it is investment, we should talk about the choice and timing risk. Overseas MBA is a very low risk investment. And when the study MBA, to a large extent determine your MBA from the proceeds.
In recent years, more and more young MBA applicants, some undergraduate who has just graduated from the MBA began consideration, the United States and many of the top business schools are no longer strictly required minimum working age. According to The MBA Tour, the regional partnerships BeBeyond analysis that too often young applicants have the following questions: lack of clear career goals. This means that, from the Institute of Education to obtain what would be a rather ambiguous. The lack of practical experience, it could mean not understand the same time, with the help of other students and will be limited to, lack of maturity. MBA can face learning and employment pressure, whether emotional adjustment, state to ensure the effective completion of the MBA learning? While older relatively larger, longer working life of the applicants, and the plasticity of space will inevitably be increased discounts.
Generally speaking, MBA more appropriate to have three years work experience of eight applicants. MBA career development is targeted to a certain stage, a certain accumulation, the need for new or breakthrough career development to a certain stage, the need for conversion of new areas.
Wednesday, August 6, 2008
China's lack of world-class MBA training
China has drawn up an ambitious science and technology development plan, plans to 2020, its science and technology research and development expenditure in the gross domestic product (GDP) ratio in 2005 from 1.3% to 2.5%, more than the OECD (OECD) countries are currently 2.3% the average level. However, the technology to increase R & D spending into solid scientific and technological innovation and intellectual property, only first-class laboratories and research personnel is not enough, it is also necessary correct guidance of this funding process management expertise. However, China is the apparent lack of a world-class MBA training programs, the number of MBA graduates also lags far behind Europe and the United States.
Low levels of the Chinese MBA training
Currently, China's departments in charge of education approved by the Sino-foreign joint ventures MBA training dozens of projects, both in joint ventures in terms of curriculum and teacher share. However, these training programs with foreign second-class, third - or even fourth-MBA training projects than generally remained inadequate. In fact, the "Financial Times" the world's 30 global MBA training institutions were not strong joint venture established in China with training projects.
As of the beginning of this century, China's first-class all public business school has established its own international MBA training programs. At the beginning of the establishment of these training programs in almost all non-full-time.
Full-time teaching so that students can have more time to digest the course content, attended by the chief executive of their enterprises as a forum for speakers, and students to share each other's experiences and cultivate team spirit and to promote friendship with the students. Recently, one pair of 705, in a survey conducted by the multi-national corporations, which are China's non-full-time MBA students can do.
As profit-oriented training projects usually can not eliminate those students with poor results, rather than full-time teaching often can not guarantee that students get a good grade, so such training projects more likely to create low-quality graduates.
EMBA snatched away the best teacher
In 2002, the Ministry of Education approved 30 public universities domestic business school opened EMBA courses, allowing them to all trainees receive 200,000 yuan (about 25,000 dollars) more than the tuition fees, this figure is several times more than MBA tuition. The reasons for the high charges, the Ministry of Education, 30% of the requirements from the EMBA courses in teaching overseas in the EMBA teachers teaching, 50% of the EMBA courses need a doctorate from the teachers teaching, 80% of the EMBA courses have business experience needed by the people who teach.
Long term, the introduction of EMBA courses will help these public universities Business School, raising the quality of teachers and courses with access to such profits to subsidize MBA project. In fact, a well-known business school, a capital subsidy to enjoy the MBA project is very necessary, regardless of what channels from the subsidies. However, short term, the project launched EMBA plundered items from the best MBA teaching force. From launched EMBA, low-quality projects MBA graduates (both from the public universities have training institutions from the Sino-foreign joint ventures) massive flooding the market, enterprises were recruited staff and the media criticism.
Cross-cultural background is very short of talent
If the independent schools and universities in China-foreign cooperation sponsoring the autumn and spring MBA MBA MBA and other projects, statistics, China's total annual intake of about 25,000 MBA students, the enrollment equivalent to the total number of Western European countries. However, China has been the number of MBA degree and MBA education is lagging far behind the average level in Western European countries, let alone the United States. China's MBA students is only 5% of full-time, and in the United States, the figure exceeds 50%.
Various studies show that China's outstanding manager is a huge supply gap, especially with the cross-cultural background is even more acute shortage of qualified personnel, and such personnel are operating in China's emerging transnational corporations and the globalization of Chinese enterprises badly need. The majority of projects in China International MBA graduates an average starting salary in a double-digit rate of growth, the fact that this is the best example.
Upgrading the quality of education is the key
If China hopes that changing the growth mode in order to maintain economic growth, expand trade and investment through the full enjoyment of joining WTO benefits, such as training of a lot of talent have been successful, much work needs to be done in China, including the expansion and management education market, more importantly, the upgrading of these the quality of education.
China in enhancing international standard management personnel training capacity there are many things can be done, including the creation of more "education SAR," so that schools follow the example of China's foreign-class university business school cooperation with Sharon school model. Also allow foreign partners on cooperative projects with greater control, and even allowed the world-class business school in China run an independent business school, like the European School of Management (INSEAD) the establishment of the Singapore Branch. If China's coastal areas and the Massachusetts Institute of Technology to establish cooperation between universities, then the latter can also China's inland areas with the University of cooperation.
(Source: China's economy Network)
Low levels of the Chinese MBA training
Currently, China's departments in charge of education approved by the Sino-foreign joint ventures MBA training dozens of projects, both in joint ventures in terms of curriculum and teacher share. However, these training programs with foreign second-class, third - or even fourth-MBA training projects than generally remained inadequate. In fact, the "Financial Times" the world's 30 global MBA training institutions were not strong joint venture established in China with training projects.
As of the beginning of this century, China's first-class all public business school has established its own international MBA training programs. At the beginning of the establishment of these training programs in almost all non-full-time.
Full-time teaching so that students can have more time to digest the course content, attended by the chief executive of their enterprises as a forum for speakers, and students to share each other's experiences and cultivate team spirit and to promote friendship with the students. Recently, one pair of 705, in a survey conducted by the multi-national corporations, which are China's non-full-time MBA students can do.
As profit-oriented training projects usually can not eliminate those students with poor results, rather than full-time teaching often can not guarantee that students get a good grade, so such training projects more likely to create low-quality graduates.
EMBA snatched away the best teacher
In 2002, the Ministry of Education approved 30 public universities domestic business school opened EMBA courses, allowing them to all trainees receive 200,000 yuan (about 25,000 dollars) more than the tuition fees, this figure is several times more than MBA tuition. The reasons for the high charges, the Ministry of Education, 30% of the requirements from the EMBA courses in teaching overseas in the EMBA teachers teaching, 50% of the EMBA courses need a doctorate from the teachers teaching, 80% of the EMBA courses have business experience needed by the people who teach.
Long term, the introduction of EMBA courses will help these public universities Business School, raising the quality of teachers and courses with access to such profits to subsidize MBA project. In fact, a well-known business school, a capital subsidy to enjoy the MBA project is very necessary, regardless of what channels from the subsidies. However, short term, the project launched EMBA plundered items from the best MBA teaching force. From launched EMBA, low-quality projects MBA graduates (both from the public universities have training institutions from the Sino-foreign joint ventures) massive flooding the market, enterprises were recruited staff and the media criticism.
Cross-cultural background is very short of talent
If the independent schools and universities in China-foreign cooperation sponsoring the autumn and spring MBA MBA MBA and other projects, statistics, China's total annual intake of about 25,000 MBA students, the enrollment equivalent to the total number of Western European countries. However, China has been the number of MBA degree and MBA education is lagging far behind the average level in Western European countries, let alone the United States. China's MBA students is only 5% of full-time, and in the United States, the figure exceeds 50%.
Various studies show that China's outstanding manager is a huge supply gap, especially with the cross-cultural background is even more acute shortage of qualified personnel, and such personnel are operating in China's emerging transnational corporations and the globalization of Chinese enterprises badly need. The majority of projects in China International MBA graduates an average starting salary in a double-digit rate of growth, the fact that this is the best example.
Upgrading the quality of education is the key
If China hopes that changing the growth mode in order to maintain economic growth, expand trade and investment through the full enjoyment of joining WTO benefits, such as training of a lot of talent have been successful, much work needs to be done in China, including the expansion and management education market, more importantly, the upgrading of these the quality of education.
China in enhancing international standard management personnel training capacity there are many things can be done, including the creation of more "education SAR," so that schools follow the example of China's foreign-class university business school cooperation with Sharon school model. Also allow foreign partners on cooperative projects with greater control, and even allowed the world-class business school in China run an independent business school, like the European School of Management (INSEAD) the establishment of the Singapore Branch. If China's coastal areas and the Massachusetts Institute of Technology to establish cooperation between universities, then the latter can also China's inland areas with the University of cooperation.
(Source: China's economy Network)
China's MBA education in 10 questions
1, the materials Western, partial academic. MBA from the University of curriculum we can see that China's famous universities with MBA curriculum famous institutions of the curriculum is almost identical, almost all the contents of the Western theory and Western business experience, despite the country's current economic, business management a small, but fragmentation , but also materials used in the teaching of foreign piracy, the foreign material is derived from foreign enterprises in practice, there is not suitable for China's national conditions of the issue. Case Teaching MBA training process is widely used in teaching methods, and our situation is the lack of cases, especially reflect the Chinese market, Chinese enterprises in the relatively few cases, most of them foreign "import", China's MBA education is not only teaching courses abroad copy MBA courses and but most of the cases are cases abroad. So many MBA students to foreign management concepts familiar to the domestic enterprises and the status is unknown.
2, taking the examination-oriented system, mathematics, to the neglect of experience and experience; A management potential who can not get into the MBA, taking the score often do not have management potential.
3, the modes of teaching style indoctrination is not interactive, experiential, rather than the emphasis on knowledge and technical ability.
4, mode of instruction is academic education, not vocational education.
5, teachers lack of business management experience. My teacher MBA from many of the traditional management professionals in turn, is devoted to teaching the theory of MBA teaching characteristics and patterns is not yet fully grasp. Many teachers still is the traditional way of teaching practice, practice re-light theory is not familiar with the case teaching method and the characteristics of the real teaching fewer cases, few big cases, cases of lack of guidance and in-depth analysis, and the lack of conclusion, and some even use as an example is Case, teaching is not effective. This makes no case teaching system is not comprehensive, can not play the case teaching in MBA teaching of the role played by.
6, the second rich enough classrooms, lack of social practice, learning from textbooks to the textbooks, teaching mode bookishness. China's MBA education in the Western Professional Teaching Positive heavy, heavy practice the essence of which was ignored, in addition to those of classroom teaching rote teaching sticking to the book, it almost did not arrange for little or organizing students to practice and practice, or the practice of going through the motions.
7, teaching evaluation problems. Almost every school has claimed to be a first-class, feature-rich, the College of the rigorous full of too many commercial materials. Not suitable for China's national conditions evaluation system.
8, no specific curriculum, the West set up what teaching MBA courses on the copy.
9, the lack of teaching object broken down, what have you learned and what are the, what have you learned is not good.
10, MBA graduates capacity disappointing. Western MBA students are very accustomed to divergent thinking and philosophy of collisions, they are very accustomed to the standard answer in the absence of circumstances, find their own answers, and our students have always wanted the teachers to give a standard answer. Many graduates can hardly withstand the test of the market to solve actual problems of the weak capacity. For example, many MBA graduates will not write special report, industry analysis and market research report, the Advisory diagnosis ... imagine the MBA education can bring up entrepreneurs and professional managers.
(Source : Financial Network)
2, taking the examination-oriented system, mathematics, to the neglect of experience and experience; A management potential who can not get into the MBA, taking the score often do not have management potential.
3, the modes of teaching style indoctrination is not interactive, experiential, rather than the emphasis on knowledge and technical ability.
4, mode of instruction is academic education, not vocational education.
5, teachers lack of business management experience. My teacher MBA from many of the traditional management professionals in turn, is devoted to teaching the theory of MBA teaching characteristics and patterns is not yet fully grasp. Many teachers still is the traditional way of teaching practice, practice re-light theory is not familiar with the case teaching method and the characteristics of the real teaching fewer cases, few big cases, cases of lack of guidance and in-depth analysis, and the lack of conclusion, and some even use as an example is Case, teaching is not effective. This makes no case teaching system is not comprehensive, can not play the case teaching in MBA teaching of the role played by.
6, the second rich enough classrooms, lack of social practice, learning from textbooks to the textbooks, teaching mode bookishness. China's MBA education in the Western Professional Teaching Positive heavy, heavy practice the essence of which was ignored, in addition to those of classroom teaching rote teaching sticking to the book, it almost did not arrange for little or organizing students to practice and practice, or the practice of going through the motions.
7, teaching evaluation problems. Almost every school has claimed to be a first-class, feature-rich, the College of the rigorous full of too many commercial materials. Not suitable for China's national conditions evaluation system.
8, no specific curriculum, the West set up what teaching MBA courses on the copy.
9, the lack of teaching object broken down, what have you learned and what are the, what have you learned is not good.
10, MBA graduates capacity disappointing. Western MBA students are very accustomed to divergent thinking and philosophy of collisions, they are very accustomed to the standard answer in the absence of circumstances, find their own answers, and our students have always wanted the teachers to give a standard answer. Many graduates can hardly withstand the test of the market to solve actual problems of the weak capacity. For example, many MBA graduates will not write special report, industry analysis and market research report, the Advisory diagnosis ... imagine the MBA education can bring up entrepreneurs and professional managers.
(Source : Financial Network)
China's MBA education : the heart and brain inversion
Chinese companies become bigger and stronger the more difficult path? Management is the elite. Management elite How to Make? Of course, a system of training and extensive practice. However, some of China's MBA education has to end sword front, resulting in graduates embarrassing task is mainly due to fragmented business schools, the lack of consistency in various materials, the same can not be professionals in the same platform for dialogue, June 3, Professor Lang in "First Financial "channel program issued such a challenge. As economists, I recall with deep emotion, but for MBA education, I had another different view.
This should be in December 1993 issued the first of China's Ministry of the "Company Law" Talking about that time, the government and the business and economic sector began promoting the establishment of a modern enterprise system, in 1996, began to gradually become popular "group" name is no longer look back on 10 years of change, reading "Group "banner of the number of enterprises is really the most ah.
"Company Law" to bring to us? I think that many people are not clear, including the government economic officials and published many articles, expression of economists, after all, China's "Company Law" is the introduction of Europe and the United States. "Company Law" to the global economy are the three major contributions : one, limited liability and unlimited liability; 2, the enterprise ownership and management rights is separated; Third, the corporate governance structure of the basic definition (Board of Trustees, the general manager and the board of supervisors the right to check three rules). But in the country's current economics and business management areas, only ambiguous interpreted as a limited liability and unlimited liability, the latter two points but inattentive.
From China's promulgation of the "Company Law" that day, like pop music, like MBA in China to spread open and enjoying Cleveland's Zydrunas Ilgauskas, as treatment, but 10 years, the MBA in China has entered a mixed review of the situation at that time, the enterprise ownership and management rights and the problem of tomorrow the garbled. In fact, we badly need a high standard of professional managers, but China's MBA education is the base on the error occurred, and why? We visited arbitrarily to include Tsinghua University, Fudan University, Central College MBA students, the answer is that the MBA learning enterprise strategic decision, but also get to know some personal connections. Error here. Since the MBA is to train professional managers, of course, in relation to the right level of business, is the first general manager for the Chief Executive's execution, rather than ownership of enterprises at the board level strategic decision to exercise the functions of thinking; In other words, the general manager of the enterprise is the "heart , "is the driving force implementing agencies, the Board of enterprises" brains "of thinking policy-making body, the" heart "to do" brain "of the matter, it will certainly be mistakes.
Obviously, after the influence of MBA career professional manager, the corresponding target is to promote business to achieve the right level of professional, and not a substitute for corporate ownership level of responsibilities and functions. Unfortunately, China's MBA professors always in the enterprise ownership level functions of a strategic decision to do "article" ignores the right level of business management on the (administrative) functions, got the priorities wrong. Take a look at our economics and business management professional and professors, most of the enterprises the right level of academic experts, the level of ownership of enterprises is the lack of academic; Unfamiliar with their professional enthusiasm to teach the students were high, what would be the result? Of course, really difficult to learn knowledge, presumably to the so-called personal connections it.
I am in favor of professional managers of the market, summed up what I have said is, in fact, China is pursuing an MBA in the 10 years of detours. Regardless of our local business school MBA training, or in overseas business school gold-plated professional managers, in this country full of opportunities have found their "place" ... at least, we have been accustomed to play general manager of the functions of an enterprise is not the majority shareholder, Note on the country's corporate governance standards has been groping in the dark. forward for a very long road. The objective fact is grim. Chinese enterprises operating in the right level to achieve continuous professional managers in the enterprise level of ownership of the directors remain at "Following Sensation" of the state, followed the "airborne force" might be difficult to play along with the disappointment, the enterprises can do "big", but it is not a "strong" and the scale of operations more "big", the higher the risk coefficient. How genuine standard of professional managers in the enterprises can find a future? UFIDA once airborne, Mr. President The retail game and the general manager of TCL Mobile Communication GOING Mr. dejected orthodoxy, these are inevitable.
Professional managers in fact business is the right level of experts, he is playing the play Viscera functions, whether in the West economically developed countries in Europe and the United States, or in the market economy in Southeast Asian countries, because of its corporate governance structure from the whole with a sense of "Board, the Director managers and the board of supervisors three separation of powers "of the law, the professional managers have genuine talent can be fully utilized. Through research, we found that Motorola, IBM, Microsoft, Softbank, Shell, JP Morgan, Michelin, Cheung Kong Holdings, HSBC, Nokia and other global strategic enterprises, their commonality in here.
MBA education in China to the market economy needs to be professional managers in China's success, we must take the corporate governance structure of clear definition, it is necessary enterprise ownership and management of the relationship between the right to be sorted out, some luxury again, is the progressive realization of professional directors, must not something done in defiance trip.
I once wrote an article called "balance and checks and balances" that China's enterprise management disciplines and developed market economy countries of Europe and the United States lies in the distinction between different from the subconscious is different. We introduced the MBA subjects itself is correct and the promotion of professional responsibility as a manager is correct, and if we study and the introduction of the only "form" but not "substance", it is not metaphysics? Even MBA academic benchmark is at the right level of business are ambiguous, such "absurd" things we must correct ah. (The author of the Shanghai Institute of International Trade and Investment, Economic)
This should be in December 1993 issued the first of China's Ministry of the "Company Law" Talking about that time, the government and the business and economic sector began promoting the establishment of a modern enterprise system, in 1996, began to gradually become popular "group" name is no longer look back on 10 years of change, reading "Group "banner of the number of enterprises is really the most ah.
"Company Law" to bring to us? I think that many people are not clear, including the government economic officials and published many articles, expression of economists, after all, China's "Company Law" is the introduction of Europe and the United States. "Company Law" to the global economy are the three major contributions : one, limited liability and unlimited liability; 2, the enterprise ownership and management rights is separated; Third, the corporate governance structure of the basic definition (Board of Trustees, the general manager and the board of supervisors the right to check three rules). But in the country's current economics and business management areas, only ambiguous interpreted as a limited liability and unlimited liability, the latter two points but inattentive.
From China's promulgation of the "Company Law" that day, like pop music, like MBA in China to spread open and enjoying Cleveland's Zydrunas Ilgauskas, as treatment, but 10 years, the MBA in China has entered a mixed review of the situation at that time, the enterprise ownership and management rights and the problem of tomorrow the garbled. In fact, we badly need a high standard of professional managers, but China's MBA education is the base on the error occurred, and why? We visited arbitrarily to include Tsinghua University, Fudan University, Central College MBA students, the answer is that the MBA learning enterprise strategic decision, but also get to know some personal connections. Error here. Since the MBA is to train professional managers, of course, in relation to the right level of business, is the first general manager for the Chief Executive's execution, rather than ownership of enterprises at the board level strategic decision to exercise the functions of thinking; In other words, the general manager of the enterprise is the "heart , "is the driving force implementing agencies, the Board of enterprises" brains "of thinking policy-making body, the" heart "to do" brain "of the matter, it will certainly be mistakes.
Obviously, after the influence of MBA career professional manager, the corresponding target is to promote business to achieve the right level of professional, and not a substitute for corporate ownership level of responsibilities and functions. Unfortunately, China's MBA professors always in the enterprise ownership level functions of a strategic decision to do "article" ignores the right level of business management on the (administrative) functions, got the priorities wrong. Take a look at our economics and business management professional and professors, most of the enterprises the right level of academic experts, the level of ownership of enterprises is the lack of academic; Unfamiliar with their professional enthusiasm to teach the students were high, what would be the result? Of course, really difficult to learn knowledge, presumably to the so-called personal connections it.
I am in favor of professional managers of the market, summed up what I have said is, in fact, China is pursuing an MBA in the 10 years of detours. Regardless of our local business school MBA training, or in overseas business school gold-plated professional managers, in this country full of opportunities have found their "place" ... at least, we have been accustomed to play general manager of the functions of an enterprise is not the majority shareholder, Note on the country's corporate governance standards has been groping in the dark. forward for a very long road. The objective fact is grim. Chinese enterprises operating in the right level to achieve continuous professional managers in the enterprise level of ownership of the directors remain at "Following Sensation" of the state, followed the "airborne force" might be difficult to play along with the disappointment, the enterprises can do "big", but it is not a "strong" and the scale of operations more "big", the higher the risk coefficient. How genuine standard of professional managers in the enterprises can find a future? UFIDA once airborne, Mr. President The retail game and the general manager of TCL Mobile Communication GOING Mr. dejected orthodoxy, these are inevitable.
Professional managers in fact business is the right level of experts, he is playing the play Viscera functions, whether in the West economically developed countries in Europe and the United States, or in the market economy in Southeast Asian countries, because of its corporate governance structure from the whole with a sense of "Board, the Director managers and the board of supervisors three separation of powers "of the law, the professional managers have genuine talent can be fully utilized. Through research, we found that Motorola, IBM, Microsoft, Softbank, Shell, JP Morgan, Michelin, Cheung Kong Holdings, HSBC, Nokia and other global strategic enterprises, their commonality in here.
MBA education in China to the market economy needs to be professional managers in China's success, we must take the corporate governance structure of clear definition, it is necessary enterprise ownership and management of the relationship between the right to be sorted out, some luxury again, is the progressive realization of professional directors, must not something done in defiance trip.
I once wrote an article called "balance and checks and balances" that China's enterprise management disciplines and developed market economy countries of Europe and the United States lies in the distinction between different from the subconscious is different. We introduced the MBA subjects itself is correct and the promotion of professional responsibility as a manager is correct, and if we study and the introduction of the only "form" but not "substance", it is not metaphysics? Even MBA academic benchmark is at the right level of business are ambiguous, such "absurd" things we must correct ah. (The author of the Shanghai Institute of International Trade and Investment, Economic)
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