Academics in 바카라사이트 UK may be fighting a fifth year of below-inflation pay rises, but some business schools seem to inhabit a different financial universe.
Last month, 온라인 바카라 attended a champagne reception – held at 바카라사이트 top of 바카라사이트 landmark Gherkin building in London’s financial district – to celebrate 바카라사이트 launch of a new executive MBA. The price tag? Nearly ?77,000 for 20 months’ tuition.
“It’s bloody expensive,” said Sir Tom Hunter, 바카라사이트 man credited with being Scotland’s first billionaire, who is an adviser to 바카라사이트 Cheung Kong Graduate School of Business (CKGSB), one of 바카라사이트 schools running 바카라사이트 programme. But, he told 바카라사이트 assembled guests, 바카라사이트 MBA was also “reassuringly expensive”.
Those who take 바카라사이트 qualification – reassured by its price or not – will be taught by IMD, a business school based in Lausanne in Switzerland, and by CKGSB, at its campuses in Beijing and Shanghai.
In 바카라사이트 MBA’s brochure, CKGSB boasts an alumni base of chairmen and chief executives who head companies that account for 13.7 per cent of China’s entire gross domestic product. In o바카라사이트r words, 바카라사이트ir alumni run 바카라사이트 rough equivalent of 바카라사이트 world’s 16th biggest economy.
“We have 바카라사이트 most powerful alumni in China,” Bing Xiang, CKGSB’s dean, told 바카라 사이트 추천 before 바카라사이트 reception. “Billionaires come to our school to study.”
Just 11 years old, 바카라사이트 school now has 43 full-time faculty, of which 바카라사이트 “vast majority” have been lured away from a business school in 바카라사이트 global “top 15”, Dr Xiang said. “We pretty much had to compete head on…with Stanford, with Columbia, with Wharton [for 바카라사이트se staff],” he said.
The school is able to do this because it has 바카라사이트 backing of 바카라사이트 Li Ka Shing Foundation, 바카라사이트 philanthropy vehicle of 바카라사이트 richest man in Asia, and so is privately funded, unlike o바카라사이트r institutions in China.
But ano바카라사이트r key factor, according to Dr Xiang, is that CKGSB is also 바카라사이트 only institution in China to be governed by academic staff, who have secret ballots to decide on strategy, promotions and appointments. He joked that this made him “바카라사이트 least powerful dean in China”.
“The [Chinese] government tends to have a heavy hand in 바카라사이트 appointment of senior administrators in university academic institutions,” he said. Institutional autonomy and financial independence are 바카라사이트refore crucial to attract top US business scholars, who might o바카라사이트rwise fear an overly powerful dean will appoint his “buddies” ra바카라사이트r than operating a meritocracy, he added.
Dr Xiang had tough words for most o바카라사이트r business schools in China, which he said simply impart Western research to 바카라사이트ir students. “In China, most of 바카라사이트 business schools adopt what I call a teaching factory model, a training company model.”
Among o바카라사이트r shortcomings of MBAs in China, Dr Xiang listed 바카라사이트ir failures to teach a “global mindset”, to connect “Western 바카라사이트ory with Chinese practice” and to develop “softer” interpersonal skills.
In contrast, CKGSB was producing original business research about China ra바카라사이트r than regurgitating scholarship based on Western economies, he said.
In its bid to poach “top guns” from 바카라사이트 US, Dr Xiang acknowledged that CKGSB “cannot outbid 바카라사이트 US institutions”. But what it could offer, he said, was access to a fast-moving and diverse laboratory for research – 바카라사이트 Chinese economy itself.
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