*Staying in Asia for an MBA:-For years,Asians interested in entering the best business schools had little choice but to head to the West.Now,though, business schools throughout Asia are trying to become more competitive with the top schools in the U.S.and Europe.B-schools in China,Hong Kong,South Korea,and other parts of Asia have been making their curricula more global and recruiting more professors from abroad.At the same time,Asian business schools increasingly are partnering with one another or with schools from the West to offer more options to their students.
With the global economy in the doldrums,the competition to enter business schools is growing far more intense as students look to escape the dire job market and improve their chances of getting a well-paying position when the world recovers. So even though Asian schools are still no match yet for the Whartons and Kelloggs of the world, more and more Asian students are now looking to them as alternative places to get their MBAs. For more on the best business schools in Asia,read on.
*Beijing International MBA at Peking University,China
Admission Rate: N/A,Class size: 150,Full-time program: 1 year,Part-time program: 2 years,Annual tuition, full-time program: $24,300,Annual tuition, part-time program: $28,700,Average staring salary for graduates: N/A
#The first foreign-language MBA program in the Chinese capital, Beijing International MBA (BiMBA) is a joint venture with a European partner. The program is based at Peking University, renowned for having one of the most beautiful campuses in the country, and is operated by the school's China Center for Economic Research. Students receive their degrees from Belgium's Vlerick Leuven Gent Management School, one of the top business schools in Europe.
*Cheung Kong Graduate School of Business,China
Admission Rate: 20%,Class size: 50-60,Term: 12-month on-campus study,Annual tuition: $35,000,Average staring salary for graduates:$40,000
#Hong Kong billionaire Li Ka-shing's foundation is a major supporter of the Cheung Kong Graduate School of Business. (It's named after one of Li's companies.) The Beijing-based school, launched by Li in 2002, has a popular executive MBA program that has attracted well-known Chinese business leaders such as Alibaba Chairman Jack Ma. Last month, Cheung Kong announced it will begin offering a two-year, part-time Finance MBA program in October.
*China Europe International Business School,China.
Admission Rate: 25%,Class size: 190,Term: 18 months,Annual tuition, Chinese students: $32,100,Annual tuition, international students: $45,000,Average staring salary for all graduates: $63,950,Average starting salary,Chinese students: $51,460,Average starting salary, overseas students: $92,650
#Launched 15 years ago in Shanghai, the China Europe International Business School was the first international B-school in China. The school is a joint venture between the Chinese government and the European Union and includes Shanghai Jiaotong University and the European Foundation for Management & Development as its partners.Today CEIBS offers programs in Beijing and Shenzhen as well as its main campus in the Pudong section of Shanghai.
*Guanghua School of Management,Peking University,China
Admission Rate: 12.4%;Class size: 358,Full-time program: Two years,Part-time program: Three years,Annual tuition Chinese students: $14,400,International students: $15,900,Average staring salary for graduates: $22,100 and above
#Like BiMBA, its English-speaking neighbor on the campus of Peking University,the Guanghua School of Management has international links of its own. In 1999 the school formed a partnership with Northwestern University's Kellogg School that has helped Guanghua professors travel to Illinois to be Kellogg visiting scholars. Ten years ago, Guanghua launched an Executive MBA program. Michael Pettis, the former Bear Stearns banker-turned blogger and music impresario, is a Guanghua professor.
*Tsinghua School of Economics and Management,China
Admission Rate: 35% for international students,Class size: 100,Term: Two years,Annual tuition: $17,600,Average staring salary for graduates: N/A
#Part of Tsinghua University,one of China's most respected schools,the Tsinghua School of Economics & Management has a partnership with Harvard Business School, with the two operating a joint Executive MBA program. TSEM has an impressive pedigree, tracing its roots back to the formation of the Tsinghua economics department in the 1920s. In 1984,Zhu Rongji became the founding dean of the school;as China's economic czar and Premier for much of the 1990s, he helped guide China's market-oriented reforms.
*Hong Kong University of Science and Technology,Hong Kong.
Admission Rate: 20%,Class size: 120,Term: 12 or 16 months,Annual tuition: $48,700,Average staring salary for graduates: $73,165
#Perched on a hill overlooking Clearwater Bay on Hong Kong's Sai Kung Peninsula, Hong Kong University of Science & Technology has one of the world's most scenic campuses. HKUST also has one of the best business schools in Asia. It offers both full-time and part-time MBA programs as well as an Executive MBA program with Northwestern's Kellogg School. HKUST has expanded to the other side of the border, too, offering a part-time MBA program in Shenzhen.
*University of Hong Kong,Hong Kong.
Admission Rate:12.5%,Class size:55,Term:14 months,Annual tuition:$41,900,Average staring salary for graduates:$70,000.
#The city's oldest institution of higher learning, the University of Hong Kong (known locally as Hong Kong U) celebrates its centennial year in 2010,but its business school dates back only to 1995. It has an Executive MBA program that it offers with Columbia University Business School and the London School of Economics.
*Indian Institute of Management Ahmedabad,India.
Admission Rate: N/A,Class size: 297 students,Term: Two years,Annual tuition: $25,556,Average starting salary for graduates:$120,000
#Considered India's top MBA program,IIM Ahmedabad is perhaps the toughest to get into—and undoubtedly the best to graduate from. After studying in Gujarat, India's economically vibrant destination for investment, IIM graduates get interviewed on television news shows with their job offers in hand. One of the first in India to create collaborations with foreign schools such as Harvard Business School, this IIM is where stars from the business world go for their taste of the teaching life.
*Indian Institute of Management Bangalore,India.
Admission Rate: N/A,Class size: 350,Term: Two years,Annual tuition: $11,500,Average starting salary for graduates: $32,000
IIM Bangalore is where Indian students go for a top-notch preparation to become high-level executives in a program that has a collaboration with Stanford University, London School of Economics, and the University of Chicago's business schools. But for the lucky students who get in, being in Bangalore, India's outsourcing hot-spot, with its young population and urban sophistication is part of the package. The school also runs a small entrepreneurship center, so students get a hands-on chance to work with startup companies, especially IT-related ones.
*Indian School of Business,Hyderabad,India.
Admission Rate:N/A,Class size: 578,Term: One year,Annual tuition: $39,000,Average staring salary for graduates: $38,000
The youngest of India's top business school, ISB Hyderabad started up in 2001, with overseas collaborations from the Kellogg School of Management and the Wharton Business School. Since then, it has climbed into the ranks of the top 20 business schools worldwide, and its graduates get more than one job offer per person, even in this economy. Its focus is specifically geared toward bringing global benchmarks and practices to emerging markets, but with five "centers of excellence," the students have more than enough to choose from.
*Hitotsubashi University(ICS,Japan.
Admission Rate: 35%,Class size: 60,Full-time program: One year,Part-time program: Two years,Annual tuition: $5,358,Average staring salary for graduates: $120,000
Students at Hitotsubashi University's Graduate School of International Corporate Strategy (ICS) have no shortage of opportunities for international study. The first full-time MBA program in Japan with English as the language of instruction, ICS has exchange programs with 10 overseas schools, including London School of Economics, Anderson School of Management at the University of California at Los Angeles, and the Chinese University of Hong Kong.
* McGill Japan,Japan.
Admission Rate: N/A,Class size: 40,Term: Two years,Annual tuition: $2,400,Average starting salary for graduates: $9,500,Based in Tokyo, McGill Japan is an affiliate of Montreal's McGill University, one of the premier schools in Canada. Offering classes on weekends, McGill Japan's program is geared toward working people. As a result, the starting salary numbers are hard to compare to graduates coming out of full-time programs.
*INSEAD Singapore,Singapore.
Admission Rate: N/A,Class size: 937,Term: One year,Annual tuition: $67,000,Average staring salary for graduates: $104,000
INSEAD is not just the most international MBA program in Asia, it's among the most international in the world, with students from 76 different nationalities in the current class. More than two-thirds of its students in the one-year MBA program divide their studies between INSEAD's two campuses in Singapore and Fontainebleau, France. Applicants must speak at least two languages and have mastered a third by the time they graduate. INSEAD is particularly well known for its entrepreneurship program.
* Nanyang Business School,Singapore
Admission Rate: 13%,Class size: Between 160 and 180,Full time program: 16-24 months,Part-time program: 24-36 months,Annual tuition: $26,700 to $33,400,Average starting salary for graduates: N/A ($90,000 three years after graduation)
Part of Nanyang Technological University, Nanyang Business School is recognized as one of the best in Southeast Asia. It has a strong international focus. Thirty-one percent of Nanyang students are from outside Singapore, and the school has formed partnerships with Carnegie Mellon University, Cornell University, Massachusetts Institute of Technology, and the University of Illinois. Asian partners are Japan's Waseda University and China's Shanghai Jiao Tong University.
*National University of Singapore,Singapore.
Admission Rate:N/A,Class size:45,Full-time program: 12-17 months,Part-time program: 24-72 months,Full-time tuition: $33,400,Part-time tuition: $33,400,Average starting salary for graduates: $52,500
The National University of Singapore's business school is one of the oldest in the region, dating back to 1965. It has strong ties with schools outside Singapore. For instance, it was among the first to team up with a Chinese partner, having formed an alliance with Beijing-based Tsinghua University in 1994. In 2001, NUS Business School began offering an International MBA with China's Peking University, and in 2004 it started an Executive MBA Program with the Anderson School of Business at the University of California at Los Angeles.
*Korea University Business School(Global MBA),South Korea.
Admission Rate: 38%,Class Size: 60,Term: One year,Annual Tuition: $35,000,Average Starting Salary: N/A
Korea University is leading a campaign in Korea to globalize business school programs. In a country where Korean is the only official language, all lectures are given in English.It is offering exchange programs with about 100 B-schools in the U.S., Europe, and Asia. It won accreditation from the U.S.-based Association to Advance Collegiate Schools of Business (AACSB) in 2005 and the Brussels-based European Foundation for Management Development in 2007.
*Seoul National University,South Korea.
Admission Rate:25%,Class Size: 61,Term: One year,Annual Tuition: $31,000,Average Starting Salary: $50,000
Seoul National runs many 30-hour special courses lectured by visiting star professors from the world's top 20 business schools throughout the year. Students have an option to earn a second degree from Duke University in the U.S. if they complete a second year there after a one-year course in Seoul. A similar dual-degree program will be available from France's Essec and China's Peking University.
*Yonsei University Graduate School of Business,South Korea.
Admission Rate: 39%,Class Size: 30,Term: One year,Annual Tuition: $29,300,Average Starting Salary:N/A
Yonsei seeks to specialize in programs focusing on Asian case studies, particularly those of thechaebol, Korea's family-controlled conglomerates.Yonsei University also encourages Korean students to spend months in the U.S. or Europe to expose them to culture and corporate practices there,while offering foreign students courses on Korea's fast economic and industrial development.
*Sources:-Business Week.
I began to look carefully at the people I respected and admired,people who had "made it"in their given fields except politics.I looked at writers,athletes,media person,businessmen and women,entertainers,speakers,therapists, entrepreneurs,corporate executives,and other professionals.And what I learned amazed me!While there were certainly all types of people—women, men,conservative,liberal, left-brained,right-brained,street smart,Harvard educated,and so on—who had made it really big,there was a thread of consistency that ran through virtually everyone:They didn't worry about money!:)
In The Seven Spiritual Laws of Success,Deepak Chopra discusses this "law of giving." He describes giving and receiving as two sides of the same coin. The more you give,the more you get back.He's right!But you don't give because you want something. You give because giving is its own reward.It's fun.As you learn to worry less, you'll also learn to trust your heart as much or more than your head.While you will be doing better in different aspects of your life,you'll also be doing more for other people.You'll be far less preoccupied with success;yet ironically,you'll become more successful,much more.You'll trust that everything will be okay.And it will.
