Four of the world’s most renowned business schools have joined forces for the first time to recruit top North Americans and Europeans.
The HKUST Business School in Hong Kong, China Europe International Business School (CEIBS) in Shanghai, Indian School of Business (ISB) in Hyderabad, and Nanyang Business School in Singapore have traditionally competed with each other for North American and European applicants. But now, with growing demand for study in Asia, these schools are collaborating to promote themselves. They have formed a coalition for overseas recruiting and will attend several business school fairs here this fall. Dubbed, “Top Asia B-Schools,” the group will travel, present and speak together at QS MBA Fairs in Los Angeles, San Francisco, Toronto, New York, Paris, London and Madrid.
Professor Leonard Cheng, Dean of HKUST Business School, said: “More business, and consequently more wealth, are moving from West to East each year. Some 139 of the Fortune Global 500 are now based in Asia, a 10 percent increase from 2008 to 2009. Despite the global financial crisis, Asia is growing at an astonishing rate. ”
“Tomorrow’s global business leaders see this. They are beginning to appreciate the value of understanding Asian culture in kick-starting their careers, something they can only achieve by living and working in some of the region’s most influential cities.”
Each of the four business schools already boasts world-class reputations (all were among the top 30 in a recent B-school ranking). All are located in key centers of commerce with significant economic growth potential.
Founded only 16 years ago, CEIBS was recognised as Asia’s best business school for six consecutive years. With a student population that is 60 percent Chinese, CEIBS offers a gateway to the largest network of graduates in China.
Financial Times ranked HKUST Business School as the ninth best in the world. Ninety-two percent of the students are from outside Hong Kong (from over 25 countries), which helps place HKUST among the top ten B-schools for international students.
The Indian School of Business, is the youngest of Financial Times’ 12 top B-schools. Some of the best in global faculty from its associate schools Wharton, Kellogg and London Business School teach on a state-of-the-art 260-acre campus in Hyderabad, India.
Nanyang Business School in Singapore, ranked by FT the best in Southeast Asia, offers the opportunity to study in what many believe is the world’s easiest city for business, and most open economy for international trade.
Professor Gillian Yeo, Nanyang Business School‘s Interim Dean, added: “While we compete with each other for students, we have joined together because we share a real passion for excellence in business education and for Asia. To sustain this region’s rapid growth, we need more global business leaders with a deep understanding of the region.”
“By presenting ourselves as a group, it is easier to showcase opportunities for North American students at each of our schools. We want to encourage their applications to increase the numbers of globally-minded students in our annual admissions.”
Those interested in studying at one of the four schools will be able to meet with school representatives at the following September and October events:
- Los Angeles: September 11th, Wilshire Grand Los Angeles
- San Francisco: September 12th, The Fairmont San Francisco
- Toronto: September 19th, Metro Toronto Convention Center
- New York: September 25th, Hilton New York
- Paris: October 9th, Palais des Congres
- London: October 23rd, QEII Conference Centre
- Madrid: October 26th, Husa Princesa
For more information about the business schools in the coalition, and to register for one of the fairs, visit www.topasiabschools.com.