China passes test with flying colors

Updated 2017-10-17 14:01:55 China Daily
Leela Greenberg and her CEIBS MBA 2017 classmates on the streets of Shanghai filming an episode of the online series China Business 101, which she hosted and co-produced. (Photo provided to China Daily)

Leela Greenberg and her CEIBS MBA 2017 classmates on the streets of Shanghai filming an episode of the online series China Business 101, which she hosted and co-produced. (Photo provided to China Daily)

The country has become a popular destination for Western business school students in the past few years

When Jason Klanderman arrived in Shanghai in August 2016, he noticed bicycles made by Mobike Technology Co Ltd scattered around the city.

He was in China to complete a year of overseas studies as part of his global masters management program with the London Business School.

Three months later, Mobike cycles were popping up in groups of hundreds and thousands all over the city. That was followed by the fast rollout of more than a dozen similar bike-sharing schemes.

Klanderman was even more surprised when he started noticing Mobike cycles appearing on London's streets a year later.

"Very quickly, Mobike became a popular case study across various classes, from supply-chain management, to e-commerce and marketing," he said.

"Being able to see Mobike's unbelievable growth with my own eyes and then discuss my observations with our professors was so exciting," Klanderman added.

The mind-boggling speed of the startup's expansion is perhaps an indicator of the vibrancy and disruptive innovation which has fueled China's economic miracle during the past three decades.

A desire to understand the country's economy has made it an increasingly popular destination for business school students worldwide because of the increasing availability of courses.

London Business School's global masters program in management, which started two years ago, sends students to the Shanghai-based Fudan University in their second year.

So far, the program's graduates have recorded the highest rates of employment from LBS programs. More than 95 percent of graduates have found jobs within three months of graduation, and half of them chose to stay in Asia to work.

Similar China-focused initiatives can be found at other academic institutions.

University College London recently launched a new entrepreneurship-focused MBA program in partnership with Peking University in Beijing.

And Oxford's Said Business School takes all its executive MBA students to the world's second largest economy for studies and visits to companies.

Harvard Business School runs an incredibly popular China immersion program, which requires MBA students to be sent on internships with domestic firms.

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