In order to ensure the quality of MBA graduates, business schools require applicants to meet certain conditions from the beginning of enrollment. Although business schools in the United States have different admission requirements, they generally have the following requirements:
(1) A recognized bachelor's degree (four-year or five-year university);
(2) The test score of GMAT is above 450, or the GRE is above 1500 (many business schools can use GRE instead of GMAT);
(3) The average undergraduate GPA is above 2.5 (4 points);
(4) Show leadership in various activities (leadership? Potential);
(5) Having more than two years' working experience;
(6) Letter of recommendation from the tutor or professor of the unit (letter of recommendation? Letters), generally requires at least two letters, one from the work unit and one from the professor or professional teacher;
(7) Master some basic computer skills and have a certain mathematical foundation, such as calculus.
All the above conditions meet the standards, and each school is different, mainly depending on the degree of competition of applicants from each school. For example, in the famous stanford graduate school of business, the number of applicants has doubled, which makes its admission conditions higher and higher. For example, 1997, the number of Stanford MBA applicants reached nearly 6,000, but only 360 students were admitted, and the admission rate was less than 7%. The average score of GMAT reached the highest level in history, 7 1 1.
Why do you want to study for an MBA?
Many surveys show that the value of MBA graduates in enterprises, especially American enterprises, is increasing day by day, reaching an unprecedented level. 1998, the famous American business weekly sent a large number of questionnaires to 9598 MBA graduates from 6/kloc-0 schools and 350 companies actively recruiting them. The results show that the graduates of the top 25 business schools have an average of 3.2 job opportunities to choose from. Competitive recruitment of enterprises means an increase in salary. In the top 25 universities, the median total salary of students is 1996 higher than 19%, reaching11420 USD (including salary, bonus and other various forms of rewards). Another convincing data is that among the 25 best business schools, there are 18, and the median income of graduates is100000 US dollars, compared with only five two years ago, while the average annual salary of Stanford Business School graduates ranked ninth actually reached145000 US dollars, ranking first.
Coincidentally, World Manager Digest also made a series of reports on the shortage of MBA graduates: General Motors Delphi? Cars? Systems is the world's largest supplier of automotive systems and parts, with operations in 32 countries around the world. They are vigorously recruiting young MBA students. J.T.Battenberg, president of Delphi, said: "We attach importance to the innovative consciousness and professionalism brought by MBA, but this is not limited to traditional finance. We arrange more and more MBAs in the operation department to participate in global procurement, global strategic planning and our international operations. We have appointed several young MBAs as deputy general managers, and we rely on this new concept to ensure that our concept is not backward.
Another reason why enterprises recruit a large number of MBAs is that more and more consumer goods manufacturers like to use such talents when selecting production department managers. For example, Procter & Gamble has been unswervingly implementing this employment policy. Pepsi-Cola International Food Company employs MBA in all its businesses in the Asia-Pacific region. William, Chairman of the Board of Directors of Johnson & Johnson Group? Dearstyne？ He also said: "Whether in Hong Kong, Malaysia, Thailand or other parts of the world, the biggest potential constraint to the sustained success of enterprises is the lack of talented strategic management talents to promote our future development."
The global trend described above shows that the MBA of famous business schools is in short supply, which makes their salaries more and more cattle. The on-the-job employees who have learned a lot have not realized that they can get a high salary if they get an MBA degree from a famous business school; At the same time, they didn't notice that many enterprises that often recruit such talents provide them with a fast lane for promotion. There is no doubt that studying MBA now has more advantages than ever before. Excellent graduates who have embarked on the fast track in enterprising companies find it just the right time to study, but they are promoted to senior management positions or international career paths.
Another reason why enterprises recruit a large number of MBAs is that more and more consumer goods manufacturers like to use such talents when selecting production department managers. For example, Procter & Gamble has been unswervingly implementing this employment policy. Pepsi-Cola International Food Company employs MBA in all its businesses in the Asia-Pacific region. William, Chairman of the Board of Directors of Johnson & Johnson Group? Dearstyne？ He also said: "Whether in Hong Kong, Malaysia, Thailand or other parts of the world, the biggest potential constraint to the sustained success of enterprises is the lack of talented strategic management talents to promote our future development."
The global trend described above shows that the MBA of famous business schools is in short supply, which makes their salaries more and more cattle. The on-the-job employees who have learned a lot have not realized that they can get a high salary if they get an MBA degree from a famous business school; At the same time, they didn't notice that many enterprises that often recruit such talents provide them with a fast lane for promotion. There is no doubt that studying MBA now has more advantages than ever before. Excellent graduates who have embarked on the fast track in enterprising companies find it just the right time to study, but they are promoted to senior management positions or international career paths.
MBA course
The MBA course can be divided into two different parts:
Public required course (public basic course)?
Including basic business and advanced elective courses. In order to make your study in business school more valuable to the greatest extent, you should ensure that the courses in the school meet your needs and interests. At the same time, it should be noted that some categories, such as finance and marketing, are offered in almost every school. But if your interest is human resource management, then you should pick out all MBA schools whose main courses include human resource management.
Every MBA teaching plan includes basic business courses. Accounting, economics, finance, organizational behavior, marketing, statistics and operational research are all basic business disciplines, which are considered as reserved subjects in every MBA teaching plan. The two-year full-time teaching plan will take half a year or a year to study the above courses.
Most teaching plans consider the above subjects as basic background knowledge, and I hope you can master them before class. Statistics, economics and accounting often fall into this category. Please don't forget to consider the prerequisites of each teaching plan when comparing the quality of courses and measuring the length of time to get a degree. MBA courses also require calculus and computer skills.
If you have finished your study in this field in advance, you can avoid taking a compulsory course-then you can give up this compulsory course completely and choose another course. In this way, your courses will be greatly shortened, and you will have one less course than other students when you graduate. If you can choose another course instead of the one you gave up, the length of the course will remain the same, but you will get the opportunity to take further courses or take elective courses.
Advanced courses?
Although basic business courses are very important, most MBA teaching programs are famous for their advanced research fields. Although some schools think that they only belong to the category of comprehensive management, most schools have established advanced research fields, specific central courses and special or main courses. It is impossible for the MBA teaching plan to cover all the professional courses in the university. The typical central course in the plan consists of three groups of related courses, some of which need to be included in the central course arrangement. Specialized courses or specialized courses basically include five courses to provide more in-depth training in this area.
These schools have their own characteristics in some aspects. For example, Kellogg is famous for his marketing major; Wharton and Chicago are famous for their financial majors; Harvard's comprehensive management major is the most prominent; Wharton Business School is best at finance, futures and stocks. Northwest Business School is characterized by marketing; Yale Business School is famous for its financial and non-profit industries. Of course, there are also many Harvard MBA students engaged in the financial industry; Wharton graduates are engaged in marketing; Graduates from Chicago and Kellogg are engaged in comprehensive management. Nevertheless, you should know which field different MBA teaching mainly aims at, which will help you make a choice. In addition to ensuring that you can receive specialized training, you also need to select those MBA schools that can provide you with the courses you are most interested in. Different schools will have different subjects and central courses. Whether you like to get involved in international business, health care, entrepreneurship or other aspects of business at first, you must choose a school that can achieve your academic goals.
Tuition and fees in cheung kong graduate school of business:
Exchange gains and losses or handling fees arising from overseas remittance: the amount of RMB received by our college shall prevail (the college will not bear the relevant handling fees and exchange rate differences).
Chinese mainland students:
Application fee:? Renminbi? 500
Tuition:? Renminbi? 240,000 yuan, including the non-refundable RMB registration fee? 30,000
Textbook:? Renminbi? 4,500
International, Hong Kong, Macao and Taiwan students:
Application fee:? Dollars? 80
Tuition:? Dollars? 35,000, including the non-refundable registration fee of $4,400.
Textbook:? Dollars? 730
Other expenses:
Accommodation fee:? The accommodation fee for a double room is RMB per person per year? 9,600; Single room 365438 yuan +0 per person per year, 200 yuan.
Living expenses:? Renminbi? 36,000-96,000
International exchange fee
Business school admission
Generally speaking, business schools mainly consider four aspects at the same time: bachelor's degree score, GMAT score, work experience and English level. A bachelor's degree is a university level. Many business schools pay attention to your recent 50-60 credit courses, and generally require more than 3.0 (4 points). In terms of work experience, generally speaking, applicants should have at least two years of work experience, and three years is ideal. Moreover, in the past three years, people who can serve as managers or administrative positions for one or two years are even more "headhunters" of prestigious schools. Applicants' English level is generally based on TOEFL scores in North America (the United States and Canada), and 550 points is the minimum standard. However, for business schools in Britain and Australia, GCSE's C level is the standard. Take the GMAT score as an example. Although the proportion of students in China has been getting lower and lower in recent years, your score must reach its average level, and the higher the score, the better, because GMAT score is the first concern of American business schools in admission.
How to choose a business school
After learning about the major business schools around the world, it's time to choose the school you say is suitable. First of all, you should consider: choose foreign or domestic MBA, full-time or part-time MBA, choose domestic or foreign MBA, mainly because of the different investment in human resources. Admission requirements are also a factor that affects your choice. This requirement is very difficult. In China, you must have three to five years of work experience. It is absolutely impossible for fresh graduates to take the MBA in China. Maybe it will change in the future. In European and American countries, the requirements for work experience are relatively loose. For example, the famous Harvard Business School has no minimum working experience. In the entrance examination, you only need to take TOEFL and GMAT. But after the exam, you will face a lot of materials-your own materials, your resume, your academic qualifications, which are all issues that business schools care about. No matter how high your GMAT score is, you must write your information, such as a letter of recommendation, because in European and American countries, especially the United States, GMAT score is only one third of the decisive factor. You must balance these three aspects and combine them organically in order to be accepted.
There are many factors that affect your choice of MBA program. Take American business schools as an example to introduce 9 factors that will affect your choice.
1.？ General situation of business schools (overview)
Whether it is public or private, whether it is in urban or suburban areas, as well as the history and size of the school, are all issues you care about.
2.？ Highlights of MBA students.
For example, the number of MBA students, the average age, the ratio of male to female, the average scores of GMAT and GPA of MBA freshmen, and whether the business school is recognized by AACSB will directly affect your choice.
3.？ Graduate program in management (graduate? Business? Program)
Facing the traditional MBA(trakitional? MBA-ordinary two-year full-time MBA), part-time MBA, distance MBA (distance? Learn), executive MBA and MBA? JD Joint Degree (MBA/JD), how would you choose?
4.？ Admission (admission)
Even if you are confident enough, you should know more about the admission requirements. For example, the minimum requirements of GMAT and the minimum years of work experience are both hard requirements. In addition, you must also prepare your resume and personal statement (personal? Statement) and how you look at and deal with a specific thing (essay).
5.？ Academic level (academic)
Although MBA education seems to be a kind of vocational training, teachers are very important. How many students choose Pece? University is an unknown business school system, because of its good geographical location (in new york) and strong faculty (there are dozens of professors from famous universities such as Harvard, new york, Columbia and Yale). In addition, does the business school have a compelling exchange program (exchange? Program) is also very important.
6.？ Economic issues (finance)
How much tuition can you pay is a realistic problem, but you can consider whether you can get scholarships or other financial assistance, such as loans. Generally speaking, if your GMAT score exceeds its average score by about 30-40 points, you will have a good chance to get a scholarship.
7.？ What are the school facilities?
There is a large part of MBA education, case discussion class (case? Study? And then what? Seminar), you must make the best preparation for your class. Not only that, you will also be related to whether the library realizes computer networking.
8.？ Are you an international student (international? Students)
The proportion of international students will directly affect what services business schools can provide for international students. For example, can business schools offer preparatory classes for international students to improve their English? Moreover, Xueduo Business School treats international students differently.
9.？ Graduation placement
Last but not least, after finishing MBA, you must find a satisfactory job. Does the business school have an MBA? Placement? Office) will affect your job search process. It is a concern of most students to have good graduation placement service and help.
The following are the 20 most popular American business schools (for reference only)
1? New york University? (new? York? University)? New York
2? Boston University? (Boston? University? Boston)? Massachusetts?
3? University of Southern California? (University? Yes? South? California)? California
4? Columbia University? (Columbia? University)? New York
5? University of Texas at Austin? (University? Yes? Texas? Where is it? Austin) Texas
6? Ohio State University? (Ohio? Status? University? Mainly? Campus) Ohio
7? Purdue University? (Purdue? University? Mainly? Campus) Indiana
8? University of Michigan at ann arbor? (University? Yes? Michigan. Ann? Trees)? Michigan
9? University of Wisconsin-Madison? (University? Yes? Wisconsin. Madison)? Wisconsin
10? University of Illinois at Urbana-Champaign? (University? Yes? Illinois? Urbana- Champagne? Champaign)？ Erie? Nou state
1 1? Harvard University? (Harvard? University)? Massachusetts
12? University of Maryland, Park College? (University? Yes? Maryland? University? Park) Maryland
13? University of Pennsylvania? (University? Yes? Pennsylvania)? Pennsylvania (PA)
14? Arizona State University? (Arizona? Status? University)? Arizona
17? Michigan State University? (Michigan? Status? University)? Michigan
18? Indiana University at Bloomington? (Indiana? University? Where is it? Bloomington? Bloomington)? Indiana
19? Cornell University? (Cornell? University)? New York
20? University of Houston? (University? Yes? Houston)? Texas
China MBA
1984, Dalian University of Technology and School of Management, State University of New York at Buffalo (State? University? Yes? New? York? Where is it? Buffalo) School of Management jointly organized the first MBA education in China, which became a milestone in the history of MBA education in China. Its academic system is three years. Strengthen English in the first year and specialize in MBA courses in the second and third years. Because there was no MBA degree in China at that time, graduation was awarded to the United States.
65438-0988, Renmin University of China, with civilized economic management, began to try MBA education. At that time, the School of Business Administration of Renmin University of China and the famous Canadian McGill University (McGill? University) cooperation, MBA teacher training for teachers, to prepare for MBA. At the beginning of the second year, the State Council initiated the establishment of the "China MBA Training Research Group", and later became the national MBA education steering committee, with Yuan, former president of China Renmin University, as the director of the committee. On this basis, 1990 officially recruited MBA graduate students and identified the first batch of MBA pilot institutions, with 9 * * *:
China Renmin University School of Business Administration
school of economics and management, tsinghua university
Fudan University School of Management
Xiamen University School of Business Administration
Nankai University International Business School
School of Management, Tianjin University
Graduate department, Shanghai University of Finance and Economics
Xi jiaotong university school of management
Harbin Institute of Technology School of Management
1993, China approved the second batch of MBA programs, *** 17, and the annual enrollment increased from dozens to thousands, which can be described as rapid development. The second batch of pilot institutions:
Guanghua School of Management, Peking University
nanjing university international business school
Department of Industry and Construction Management Engineering, Northern Jiaotong University
School of Management, Beijing Institute of Technology
University of international business and economics International School of Business Administration
Dalian University of Technology School of Management
Dongbei University of Finance and Economics MBA Education Center
School of Management, Shanghai Jiaotong University
Tongji University School of Economics and Management
School of Business Administration, Zhejiang University
School of Management, Wuhan University
Huazhong University of Science and Technology School of Business Administration
Business School of Hunan University
Ji' nan university business administration education center
school of business administration south china university of technology
Southwestern University of Finance and Economics graduate department
Zhongnan university of finance and economics MBA center
In terms of academic system, China MBA implements flexible academic system, including full-time, part-time and full-time. Full-time is usually two and a half to three years. Part-time or part-time students decide the study period according to the credits they have completed and the completion of their papers. Generally speaking, the study period should not exceed five years at the longest and not be less than three years at the least. Secondly, there are various forms of running a school, which can be summarized into three main types: * * training together and awarding foreign university degrees after graduation; Cooperate with foreign universities in teaching methods and contents, and award their own MBA degrees; At present, most management schools in China run schools in this way and award degrees by themselves. In addition to the first time, there are intergovernmental cooperation MBA programs, such as the China Europe International Business School jointly organized by the Shanghai Municipal Government and the European Union, which awarded the "China Europe" degree after graduation.
In terms of enrollment, the pilot colleges and universities in China have implemented the national unified "National MBA Joint Examination" (GRK) since 1997. Examination subjects 5: politics, foreign languages, mathematics and management. Chinese and logic, out of 550. Among them, politics is tested separately by each school, and the other four courses are tested nationwide.