Business in China: MBA Trends

Where there’s money, there’s opportunity. Indeed, the 2012/13 QS TopMBA.com Jobs and Salary Trends Report indicates an increase of 35% in MBA job opportunities in China, which comes on the back of a 20% increase the previous year. Demand is so high that the Municipality of Shanghai found it necessary to fund the opening of a new business school in 2009. SMU Director of MBA Programme Anne Boelling Dries said: “As China develops, there is definitely a general desire to gain greater global exposure.  A good quality MBA program will be able to meet that aspiration.” She also highlighted the continued importance of informal networks. “The current business climate in China is still rather heavily dependent on personal relationships, or guanxi. However, opportunities and challenges are plentiful in the developing economy, thus it is a good place for young people to seek exposure, deepen their experience and develop their careers. The fast-changing Chinese economy offers young business executives and entrepreneurs opportunities that are vastly different from that in more stable and developed markets.”

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