THE RISE OF THE ASIAN MBA


As the world’s economic pendulum shifts eastwards, the clout and reputation of Asian business schools continues to increase. Traditionally there has been a very heavy flow of MBA applicants from Asia to European and North American business schools. In recent years this has steadily slowed down as Asia’s business-minded opt to study closer to home and international students increasingly begin to decide to study in the region of the world where they may well be seeking future employment. So as economic growth continues in Asia at a rapid pace, it also seems


that intellectual power is gradually shifting in this direction.


The long term ascent of Asian Business Schools is undeniable, despite slight year to year fluctuations. The major players in this rise are of course China and India, but other nations are also making strong inroads towards attracting international students including Japan, Malaysia and Singapore. The QS Global Business Schools Report for 2012/2013 identified three Asian business schools within the extremely prestigious Elite Global category: INSEAD


Singapore; Indian Institute of Management, Ahmedabad; and NUS Business School, National University of Singapore. A total of eight Asian Business Schools also made it into the Emerging Global category. Three of these were from India and China and one from the Philippines and Singapore. The Financial Times Global MBA Rankings for 2014 put Hong Kong UST Business School at number fourteen, CEIBS at seventeen, University of Hong Kong at twenty, National University of Singapore Business School at thirty-two and a further eight Asian business schools


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