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Financial Times(July 31 2005) Cheung Kong School of Business

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楼主
发表于 2005-8-5 12:23:00 | 只看该作者

Financial Times(July 31 2005) Cheung Kong School of Business








Goodbye to old-fashioned ideology
2005-08-01
By Della Bradshaw
Published: July 31 2005 18:00 | Last updated: July 31 2005 18:00



Earlier this year the Chinese government took one of its most significant steps to date in ditching old-style business and education ideology. It licensed China’s first privately owned business school to run MBA programmes.

This ultra-capitalist move was a sign that China intends to become a world player in management education and that it will adopt US-style education policies to do so. The move comes just 14 years after the government licensed its first MBA programme.

The school in question is the Cheung Kong business school, established with money from one of China’s richest men, Li Ka-Shing, two and a half years ago. Already it has become a notable participant in the nascent Chinese market.

Bing Xiang, the dean, believes the government is using his school as a pilot. Clearly others will follow but meanwhile the school has to pioneer ways of running programmes in the traditional Chinese environment.

The Chinese university system’s application procedure is very different from those in the US or Europe. Applicants can only apply to one school and instead of the GMAT test – widely used in the rest of the world – must sit a locally developed test known as GRK, which is written in Chinese.
With Prof Xiang aspiring to attract overseas students to his programme, which is taught in English, the Chinese education department has agreed that, although all MBA participants must sit the test, there is no minimum score required.

If infectious enthusiasm were all it took, then the school would already be a world leader in business education. It is easy to see why Prof Xiang, an accounting professor by training, is so keen. Since its inception the Cheung Kong business school – the name means Yangzte River – has graduated its first MBA students, launched a range of executive programmes and is contemplating a doctoral degree programme. That the school has come so far so quickly, is thanks not only to Prof Xiang, but to the remarkable changes happening in China and the thirst for knowledge that exists for the region.

The school’s policy is to aim big. Its executive MBA programme – an MBA for working managers – is the most expensive in China, costing Rmb288,000 ($35,500). Some 68 per cent of the participants are chief executives or directors.

Getting the right faculty is more difficult. At the moment there is just a handful of professors, but Prof Xiang intends to attract 80 faculty in the next 10 years.

As with the top traditional Chinese universities – Fudan, Peking and Tsinghua – top of the hit list are Chinese professors who have studied and taught abroad. Academic associate dean Jeongwen Chiang was a marketing professor at the University of Rochester and strategy professor Ming Zeng taught at Insead, for example. Both were seduced by the idea of conducting research in China.
“You really have to be here,” says Prof Zeng. “If you are going to live in an e-world, using e-mails, it’s really not going to happen. Companies are eager to learn from you, the professors. China is changing every day.”

The EMBA alumni network is extremely powerful, he says. “We can get into companies, we can get information not through the formal channels.”

Prof Xiang believes the Cheung Kong school is a bridge between western academic research and Chinese knowledge. Prof Chiang says: “People like myself have this view and vision. We don’t want to regurgitate what we learnt in the US.”

The school has written up to 80 case studies of local companies and the dean believes this is a significant bartering chip when negotiating with overseas business schools to run joint programmes in the region. The school has organised a three-week programme with Insead and the Wharton School of the University of Pennsylvania for March, with one week taught on each campus.

“Our connections are getting better every day,” says Prof Xiang. “We want to look at top-ranked business schools in the US and Europe. We will be complementary to each other.”

Housed in an office block in central Beijing, the school will have a new campus by the end of 2006. This will enable it to bring its full-time MBA, taught in Shanghai, back to the capital. New roads planned for the 2008 Olympic Games will benefit the site. The Li Ka-Shing foundation is committed to keeping the school afloat for 10 years, but Prof Xiang believes the school will be able to raise additional funds from individuals in the next few years.

Prof Xiang believes the school has to consolidate its position in China, but does not intend to stop there. “Our ambition is to go way beyond China,” he says.
沙发
发表于 2005-8-5 13:30:00 | 只看该作者

Housed in an office block in central Beijing, the school will have a new campus by the end of 2006. This will enable it to bring its full-time MBA, taught in Shanghai, back to the capital


长江mba要在北京上?

板凳
发表于 2005-8-5 16:00:00 | 只看该作者

目前长江北京校区圈地基本结束,位于朝阳区东坝地区,占地300-600亩(不是我的估计variation太大,校方给的消息是300亩的土地已经确认,还有300亩正在洽谈中,个人感觉太大了,呵呵),校园建设预计2006年底完工。如果目前的学制不做太大变化的话,2006级的MBA学生就在新的北京校区上课了。2007年起,上海校区主要用于EMBA和EDP项目。

地板
发表于 2005-8-5 19:59:00 | 只看该作者

Personally, I feel that Shanghai is a place more suitable to carry out MBA education. It is a pity that 2006 Intake would not have chance to play basketball with CEIBS.CKGSB will be far away from CK river then. Anyway, I wish CK will grow to be a top B-school in the world. Determination, perseverance and MONEY will make it.

5#
发表于 2005-8-6 01:07:00 | 只看该作者
I heard that ceibs will also have a campus in Beijing soon is that true ?
6#
发表于 2005-8-16 17:28:00 | 只看该作者

i think the campus will be beautiful

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