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Thread: How to bridge China's top-notch talents gap?

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[quote=MARRIE,272934]Meanwhile, the foreign MBA providers in China did have faculty, and brought them into the country. Their lack of in-depth knowledge of China and lack of real involvement with management did not hinder enrolment because at the time, there were no adequate substitutes.

During this initial stage, the emphasis was almost exclusively on teaching, and foreign providers using western teaching methods. Their market-orientated course enjoyed a competitive edge over rival programmes offered by domestic institutions.

But China’s MBA business has changed fundamentally during the past five years.

The number of domestic universities approved by the Ministry of Education to offer advanced business education programmes has quickly increased.

Today more than 100 universities have been approved for MBA degrees. They offer around 250 MBA and EMBA programmes, roughly 40 of which operate in co-operation with, or as host to, a foreign provider.

During this growth, China’s management schools have become much more competitive. The financial and administrative ability of the leading universities in recruiting internationally qualified faculty has increased.

The economic rise of China has attracted back the so-called “sea-turtles”, Chinese graduates and faculty with world-class management degrees and teaching or research experience. China’s potential students are now better prepared than ever before.

Employers now also realise the limited value of degree programmes and executive education courses that lack China-relevant content and context.

The time of importing management programmes and faculty into China is now coming to an end. Business schools in China are re-positioning themselves.

China is no longer a passive recipient of knowledge and know-how, but is developing into a power centre for influencing management teaching content and research methodology. In this respect, the world of education mirrors the rising influence of China on world affairs.

The success of China’s re-positioning over the next decade or two within the business education arena depends on three factors.

First, a handful of China-based business schools will need to emerge as an internationally-recognised elite – on a par in performance and reputation with the world’s leading schools.

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