Leading Chinese Business School to Double MBA Tuition
Posted on: Sunday, 10 July 2005, 09:00 CDT
Leading Chinese business school to double MBA tuition
BEIJING, July 9 (Xinhua) -- Cheung Kong Graduate School of Business, one of China's most well-known business schools, is planning to double its MBA program tuition in a few years to reach the level of the world's best, its president said Saturday.
Xiang Bing, president of the school, said that the school plans to raise the current 220,000-yuan (26,500 dollars) MBA program tuition to 50,000 dollars, the average level of famous European and American business schools, in three to five years.
Outstanding students would be provided with scholarships, he added.
The school will continue to invite the world's best business professors to come to cultivate economic talents "with a world perspective and humanitarian spirit," he said.
The school will try to have 30 percent of the students coming from Europe and the United States. Currently, 70 percent of the students are from regions outside the Chinese mainland, mainly Southeast Asia, the Republic of Korea and Japan.
The school, established in January 2002 with donation from a fund under Hong Kong business leader Li Ka-shing, offers three programs of MBA, EMBA and EDP on its Beijing and Shanghai campuses. The students, numbered about 1,000, are middle- and high-level management personnel from first-class domestic businesses, multinationals and government agencies. The first group of 51 of them graduated in February this year, and 80 percent of them are employed by foreign-invested companies.
Source: Xinhua News Agency - CEIS
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