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  • The center of gravity for the MBA is moving from west to east. Applications

  • declined at 7 out of 10 US business schools offering the two-year degree

  • qualification in 2018 even elite institutions such as Harvard Business

  • School and Stanford were hit. And some high ranking institutions such as Iowa's

  • Tippie School of Business closed their courses as a result but look east

  • particularly to China and demand for this business degree is rising as fast

  • as the overall economy. The dominance of the MBA market by US business schools

  • meant that the American losses canceled out the growth in Asia and elsewhere as

  • a result global application numbers were flat in 2018 but it could be said that

  • their MBA market has been pausing to take breath before a new era of growth

  • begins driven by Chinese business schools. Universities in China have been

  • investing significantly in improving their appeal to local and international

  • students with a range of business education courses including ones taught

  • in English the quality of their output is reflected in the Financial Times

  • annual ranking of MBA courses worldwide. When the FT published its first MBA

  • ranking in 1999 it included the top 50 programs worldwide but no Asian schools

  • this year there were 13 including 4 from China. The rise of China as an MBA

  • superpower is not surprising given the size of the market but the leading

  • Chinese MBA providers do not want to teach their students about strategy

  • based on the experiences of Western companies. They are developing their own

  • case studies looking at Asian businesses. A new era of growth beckons for the MBA

  • but it is likely to result in the qualification with more of an Asian

  • flavor

The center of gravity for the MBA is moving from west to east. Applications

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