biz.hk Nov 2012 Supplement

Guide to

Advanced Education

2012

ble a l i a v A h

Marc

2013

Your Best Guidebook for Settling in Hong Kong Living in Hong Kong is a compendium-style all-you-need-to-know guide for newcomers to

school, getting settled when arrived and enjoying life in Hong Kong. This consumeroriented book is designed as a sort of “hotline� with useful phone numbers and contacts to other sources of help.

Living in Hong Kong bookshops in Hong Kong. AmCham members often buy the book for their relatives and Americans), the book is one of the best-selling publications for AmCham.

Contact: AmCham Publication Department Advertising Manager: Regina Leung Direct Line: 2530 6942 Email: rleung@amcham.org.hk

New Partnership to Bolster CU EMBA Program in Greater China Region In its drive to further deepen the understanding of the latest developments in the Greater China region among its EMBA students, the Chinese University of Hong Kong (CUHK) has joined forces with two leading institutions in Beijing and Taipei and organized the “Greater China EMBA Elite Study Week”. The new initiative features business study trips to Hong Kong, Beijing and Taipei. “It is a “tale of three cities”,” says Professor Andrew Chan, Director of the EMBA program, at the CUHK Business School Andrew Chan

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UHK Business School has entered into a new partnership with the EMBA programs of Peking University in Beijing and the National Taiwan University in Taipei, Taiwan. Three editions of the “Greater China EMBA Elite Study Week” have been organized with Hong Kong as the location for the debut one in May 2011. “We focused on the financial aspects. Hong Kong is the perfect backdrop because of its recognized status as an international financial hub,” notes Professor Chan.

Mutual learning The Hong Kong study week enabled the EMBA students from Taiwan and Mainland China to mingle with students of the CUHK’s program and spurred them on to bring their distinct professional expertise and insights to the table.

The initiative’s organizers have tried to maximize the benefits of mutual learning among the students from the three locations by organizing them to work on group projects.

“The EMBA students were strategically grouped into teams which consisted of members from all three universities.

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By Wilson Lau The team members collaborated on class work. Through this process, they have developed mutual understanding, strengthening bonding and cemented long-term friendships,” Chan says.

Meanwhile, this study week in Hong Kong provided the students from Mainland China and Taiwan the opportunity to explore first-hand the basics of the city’s success. “They can apply what they have learned [throughout the week] to the operations of their respective organizations.”

The CUHK’s EMBA student group went on a study trip to Taipei last February. The main focuses of this study week were entrepreneurship and technology management. The students met with leading business figures and government officials in Taiwan. “Not only did they learn about the secrets of success of many large corporations, they also fostered long-term friendships,” Professor Chan adds.

Tale of three cities Completing the “tale of three cities” program was a study week in Beijing that took place in October 2012. With Peking University as the host organization, the EMBA students from Taiwan and Hong

Kong gained an in-depth look at the latest economic conditions in Mainland China, its macro-economic environment, as well as the cultural aspect.

The EMBA elite study week connected students with business executives of diverse cultural and professional backgrounds and government officials.

Apart from enhancing their understanding of the most current developments in a particular region, the participating EMBA students have learned from each other, Professor Chan concludes.

Hailed as a big success by the participants, the Greater China EMBA Elite Study Week will be repeated every two years in each of the three locations, akin to conducting three distinct courses within this period, he says. “We have decided to organize another one in Hong Kong in eight months, which will be followed by study weeks in Beijing and Taiwan.”

Professor Chan considers the CUHK EMBA program and the elite study weeks as the bridge between China and the outside world. The faculties from the three universities feature professors from diverse cultural and professional backgrounds and at the same time the program involves business executives and government officials from various

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regions. All these individuals have contributed their visions and values into the mix. “By sharing them with the students from Hong Kong, Beijing and Taiwan, they have achieved a good collaboration and built a great program,” Professor Chan observes.

Chan emphasizes that although academic theories and their practical applications are first and foremost in the EMBA program, it also affords the students many opportunities for networking. The program sows the seeds for long-term relationships established among the EMBA students.

“Even after the events have finished, they will continue the constructive beneficial dialogues because they have become friends. They may join together to set up business ventures or call up their peers in a particular city on their visit,” he continues.

Future developments Looking forward, the CUHK EMBA program aims to further boost its relevance for students. “It will go beyond the degree or program. We strive to offer more opportunities for the students to apply what they have learned in class to real-life settings. It will not be confined to the local environment but also include the regional one as well,” Professor Chan says.

The program has achieved this goal partly with the Greater China Elite Study Week. Another initiative launched to fulfill this objective is a group business study visit to a foreign country outside the region at the end of the program. “The program’s relevance is not confined to the region. We encourage students to go out to learn from other countries,” he adds.

The destination of last year’s EMBA class was Denmark. Many of the EMBA students have studied abroad and they believed selecting Denmark for their group business study visit would help them further deepen their understanding of the latest global developments in such areas as business, economics, political, legal, cultural and social.

“They were attracted by the country’s cultural heritage. Danish

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people are genuinely warm and friendly.

Although the tax rate can be as high as over 60 percent, they are happy because they enjoy good social security and protection,” Chan explains. “They share a respect for the environment, advocating cycling and have laid down stringent regulations to restrict releasing pollutants into the environment.

They are also highly innovative about design.”

Mixing up An upgrade in students’ networking is among the program’s future directions. The students achieve outstanding bonding in and outside of class and across different EMBA classes. The program’s central administration organizes a lot of activities involving the alumni that help forge the connections between current students and the alumni. “The students and alumni get to know each other on a deeper level.

They can pool their resources together and collaborate on the business level.

On an intellectual level, they can exchange views on economics, politics and social issues,” Professor Chan notes.

The program is renowned for its external network built over a decade, most notably the EMBA Annual Conference and the “Talking to CEOs” radio and television series. “The participating CEOs interact with the students and they attend luncheons together afterwards. These activities contribute to their bonding and they become friends. More often than not, friendships lead to business relationships,” Professor Chan says.

To introduce various perspectives from distinct sectors, the program has maintained a close relationship with the Hong Kong Government. Highranking government officials regularly give talks to students. For example, Janet Wong, Commissioner for Innovation and Technology, shared her views on the city’s technological developments with the students in late October. Former Secretary for Environment, Edward Yau, had briefed the students on government’s initiatives

on environmental protection and his insights in Denmark’s achievements in this area last year before the students visited the country.

Contributing to society A major trend in the global corporate world is corporate social responsibility. “The buzzword these days is not profit maximization, it is profit management. Bigger financial gain does not equate success. People now look at reputation, ethics, morals, corporate governance and CSR,” points out Professor Chan. “We encourage our students, many of them are successful executives, to augment their contributions to the society and environment.

This is another dimension we encompass in our program.”

For instance, the first lesson of one of the EMBA program’s strategic courses features a well-known local personality of social enterprises who shares his experience and insights in establishing such ventures and how these enterprises can effectively help those in need in Hong Kong. Although many local social enterprises have received support from the government, they are often too generic. The program’s focus is on the practical ‘help’ side, rather than the ‘fostering’ aspect, he explains.

Among the social enterprises initiated by the EMBA students is the “Run to Your Home” program. A group of 2010 graduates established this venture originally to raise donations for their participation in charity runs. The project has evolved to help those with special needs who stay in temporary shelters to develop a sense of belonging.

For instance, the group has visited the Christian Zheng Sheng College, a rehabilitation and education centre for teenage drug addicts in Chi Ma Wan, and to give the students there support.

The CUHK EMBA program ranked 14th by London-based Financial Times 2011 global EMBA rankings. It has been ranked consistently No.1 among all independent programs in the Asia Pacific region.

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Japan,” he further notes. “In the classroom environment therefore we have almost a ‘United Nations’ sitting there and the students are able to learn from each other. There is a very different learning environment compared with says perhaps 10 to 15 years ago.”

An Evolving MBA Program in an Ever Changing World

By Daniel Kwan

Your own timetable

Chris Styles

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n choosing MBA programs, management professionals often look at factors such as content relevance, program rankings, alumni quality and course flexibility. If these are your selection criteria, then the Australian Graduate School of Management (AGSM) MBA Hong Kong Program offered by the Australian School of Business (ASB) at the University of New South Wales (UNSW) should certainly be on the top of your shortlist.

A bit of history and credentials first. AGSM has been producing top-notch MBA graduates for 35 years and its MBA Hong Kong Program just celebrated its 15th anniversary this year. In terms of ranking, the AGSM MBA Program was recently ranked as the No 1 program in Australia and 41st in the world in the Financial Times (UK) 2012 ranking of the top 100 MBA programs globally. This is the 13th consecutive year the AGSM MBA Program has ranked in the top 100 MBA programs worldwide.

Global education According

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to

Professor

Chris

Styles, Deputy Dean at ASB and Director at AGSM, business programs have evolved over the decades and the AGSM MBA Programs have made great efforts to constantly update its content and curriculum. That, he explains, mirrors the rapidly changing business world and challenges that business executives face today.

“We have taken a regional perspective in a global world. Here we are in this region and we are sitting here, but we take very much a global perspective … it absolutely is a very international and global education [program].”

“Business managers today have to face problems they have never seen before, and with solutions they have never tried before. So in a way, part of the [business] education is to exercise their mind – if you like – to think differently and laterally, and be able to operate in a number of different circumstances,” Styles says.

“So whether you are sitting in Hong Kong or in Sydney, you have to have that mindset and ability to be able to understand the very different environment and different context you are operating in and to be able to

lead and manage in a much more uncertain time today than say 10 or 15 years ago,” he adds.

That “change philosophy” is what underlines how the AGSM MBA Programs have evolved and developed over the years. “Our Programs will continue to evolve as the world changes and based on the feedback we get from the business community.

Part of what drives our curriculum and style of teaching is the feedback we get – whether it’s our alumni or employers. I can’t predict for you what will happen in five years because it would be me dictating. But I can say that we will be not only adapting to what’s needed but also leading – trying new things out,” Styles says.

Constant change, constant uncertainty When business schools first began to offer MBAs, the emphasis was mostly on technical knowledge. Then different skill sets were added. Today, Styles says a lot more emphasis is on personal development of the executives and managers. Again, that has a lot to do with the unpredictability of the business world and the need for

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managers to be able to handle problems unknown to them before.

“As our MBA Programs develop more, there will be much greater emphasis on personal development.

Where we put people in an environment where they are personally developing and they are reflecting more – personal reflection is a critical part of learning, and the ability to learn off others, and observe others as role models and think that through.”

“We will also be looking more at issues around nations, issues around doing things differently, and also being exposed to this new normal – if you like – which is constant change, and constant uncertainty, and change as the normal way.”

In order to deliver that learning experience, the AGSM MBA Hong Kong Program places strong emphasis on context and case studies. For example, students spend much time on analyzing business cases in new emerging markets and in Asia. One of its new and popular courses is “International Business Strategy in Asia” in which students study from cases about companies in countries such as Korea, China and Hong Kong.

“The students are not just learning the theories, but they have to understand the context in which these

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companies are operating in. A theory is just a theory but you have to apply it in very different ways depending on the context you are in. We are very conscious now of ensuring that there is a lot of diversity in the kinds of companies, countries and markets we study,” Styles explains.

Learning from peers Another valuable feature of the AGSM MBA Hong Kong Program is the fact that it boosts a highly diverse group of students who are chosen through a rigorous selection process.

The diversity is reflected not just in their nationality but their work experiences too. Styles says the school purposely put students of different background and experiences together so that they can learn from each other.

“We have a very diverse and international group of students in the classroom, not just their nationalities but their own experience base. So people may have lived in Europe, worked in Australia or South America. We therefore have a much more international perspective because of what the people bring to the classroom.”

“I might have an experience in Europe and South America, and you may have an experience in China and

A key element of the AGSM MBA Hong Kong Program is its flexibility allowing the students to better balance between work and study. The program can be completed in 18 months to seven years in Hong Kong and the students also have the choice to join a particular course in Australia if their travel schedules allow them.

“What we’ve done is that we create a program where the students can almost create their timetable within our structure,” Styles says.

In addition, by adopting an intensive-study mode, students are generally better able to plan their study schedules ahead. “In that way, the students can say, ‘I will block out that one week and I know I am going to be studying, and everything else is going to have to wait,” he adds.

Although AGSM MBA Programs have earned top rankings globally, Styles advises that such scorings should be read as reference. “[Ranking] is one factor – perhaps a kind of filtering factor that goes with the selection process. To shortlist if you may – it’s like the ‘consideration set’ in marketing,” he reckons.

He suggests that prospective students should talk to alumni and current students to learn more about a particular program. If they are interested, Styles says AGSM can arrange a “sit-in” so that the managers may have a taste of the classroom environment and teaching styles.

“What makes us different is the experience you have with your peers and with the kind of environment that we create. That is very hard to describe. But what we are saying is that we can give you the chance to experience it yourself. That’s really where the best proof is,” he adds.

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The Executive MBA Program for Globally-focused Executives and Managers Not only does the University of Hong Kong’s EMBA – Global Asia program leverage the strengths of three universities, its program structure features intensive monthly study periods designed to let students get away from their hectic daily routines and fully immerse themselves in lectures and group projects in class

By Wilson Lau

T

he HKU’s EMBA – Global Asia program is delivered under a partnership formed by the London Business School, Columbia Business School and HKU Business School. The program caters to globally focused executives and helps them further develop their global perspectives. The fulfillment of this objective begins with the recruitment of candidates – the program’s diverse student body consists of executives hailing from over 15 countries and regions. Discussions and group projects in class are vibrant, enriched with the insights and ideas from individuals of diverse cultural and professional backgrounds, according to Mary Miller, Programme Director for EMBA – Global Asia.

Residential study block The program’s unique highly focused residential study block mode – a once-a-month four to five-day concentrated teaching period during

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which students stay and study in a hotel – encourages executives from around the world to enroll, she says. The program structure was developed following in-depth consultations with corporations and research by the business schools. It matches the needs of executives with busy work schedules.

“We found out that it is easier for staff to be away from the office for a whole week at a time, instead of several days in a week, or leaving work early several days a week to come to study.

This residential study block allows students to plan their schedules a whole year in advance and communicate the schedules to colleagues. This helps ensure that they can be focused on their study here and give their undivided attention to work when they are at the office,” Miller notes.

The program arranges hotel accommodation for the students so that they are able to fully immerse themselves in the lectures/tutorials, group projects with fellow students and the networking activities, whether they are in Hong Kong, London or New York. “There are interesting dynamics

going on as different people try to work together as a team during the study blocks. They will be 100 percent devoted to the study and networking,” she adds.

Supporting the students throughout the program are the three distinct faculties, which consist of diverse international professors who infuse the course materials and cases for analysis with global perspectives. The administrative team at HKU Business School is also international: Miller hails from Columbia Business School and one other staff member is from London Business School. “We bring our different perspectives and experiences into the delivery of the program,” she says.

“All students and staff embrace diversity and are sensitive to the cultural differences. Hong Kong is an international city and we try to replicate that in the classroom.”

Group work-centric The collaborative EMBA – Global Asia program is group work-centric.

Students enrich their learning experience

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through grappling with collaborative projects in multicultural teams. This mutual learning experience helps students sharpen multiple skills, including communications and interpersonal, and nurture enhanced sensitivity to other cultures, which are qualities highly sought after in the globalized corporate environment. “In study groups, students benefit from the perspectives and expertise of fellow group members,” Miller says.

For instance, a Canadian attorney now works in Hong Kong shares his legal expertise and insights in the group study, while learns from the others about business operations and the financial aspect of a corporation.

The school specifically takes into account where individual students are from and their areas of expertise when it puts the teams together. When a group works on case projects and analysis, the members are exposed to and they learn from the distinct approaches from fellow team members, who might be an accountant, engineer, or IT professional. Each member brings to the table their ideas and perspectives. This intense group collaborative learning experience also helps foster lifelong network, Miller believes. “Alumni stay in touch after graduation and some have even established businesses together.”

To reflect the current global economic climate, the three faculties constantly update the materials and cases in the core and elective courses of the EMBA – Global Asia program.

Each of the faculty offers new electives annually. Recurrent electives are updated with new coursework. For instance, Columbia Business School develops real-life cases for students drawn from up-to-the-minute situations, many of which are still unfolding events.

“We are adding new courses, such as one on the latest developments in China which covers the current transition of leadership and its likely implications on the business environment.

Because Africa is an emerging economy, the program features an international seminar focusing on

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private equities in South Africa,” Miller notes.

The program’s elective components have been designed to allow individual students customize their learning experience that best suits their specific needs and interests. The high level of flexibility in the elective portfolio affords the students the freedom to choose either to study specific areas in-depth or to diversify and explore other new areas.

For example, an executive, who worked in the entertainment media sector, decided to become an entrepreneur and set up his own company half way through his study. Based on his needs, he selected courses containing practical applications for entrepreneurs, including general business management about how to build a start-up and business development, Miller notes. “The wide range of electives is offered by three universities in different locations. If students are willing, they can choose to study away from where they work. This gives them additional international exposure.”

International seminars The program also features the International Seminars or Assignments that involve project and case analysis of overseas corporations. These courses help students acquire market knowledge from a cultural perspective. Many companies are going global and strive to explore growth opportunities in overseas markets. They understand that markets are culturally conditioned.

These courses provide students the opportunity to obtain cultural experience first-hand and examine how business is conducted in other parts of the world, Miller explains.

These courses, on the other hand, are also subject matter or industryfocused. For instance, they shed light on how marketing of a particular sector is strategized in a different culture.

Students may choose to take the courses based on a specific subject matter instead of focusing on the cultural dimension alone. Complementing the

Mary Miller

experience are visits to corporations and guest speakers from the host countries.

Miller says supplementary components of the program include career services focusing on executive coaching, covering such aspects as leadership development, negotiation skills and development of personal style. It is important to learn ways to present oneself properly in a different culture that involve sensitivity and self-reflection, and to take it to the next level. “As a global leader, it is critical to recognize what works in a particular situation,” she adds.

Finally, the EMBA – Global Asia enjoys a strong alumni network. For candidates who are contemplating career changes, there are many gatherings with successful alumni who share their experiences and recommendations. “I am amazed how many of the alumni have ended up working in the same organizations or built their own ventures together. Through the study, they have learned to trust and support one another. A good team is critical to any business success,” Miller notes.

Candidates who have successfully completed the EMBA – Global Asia program will receive a joint MBA degree awarded by Columbia University, London Business School and HKU.

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A Platform for All

biz.hk: Why is the MBA program with University of Wales taught in the Chinese language?

Chan: Although most people in Hong Kong are used to using English in both work and learning, others have a higher tendency of using Chinese in their work environment. We saw this opportunity in 1982 when we launched a diploma in business management program conducted in Chinese. The program has been very well received because some people who work in China and they want to study in Chinese although they may be proficient in English. It is just an option.

HKMA – the Pioneer of Overseas Education

The Hong Kong Management Association is one of the longest established business management institutions and a pioneer of overseas education in Hong Kong. Today, it probably has more alumni in management positions than other education institutions. Glover Chan, Senior Marketing Manager, tells biz.hk about HKMA’s history and some of its new programs for business executives

biz.hk: Can you first tell us about the history of HKMA and its development?

Chan: The Hong Kong Management Association is a non-profit organization started in 1960 and we are a pioneer in importing overseas education for people in Hong Kong. Our first program was with the University of Warwick in the UK. Our founding was based on the idea that people in Hong Kong must have an opportunity to keep learning about management theory and application that are being developed all over the world. The idea came after a group of delegates, headed by Sir Sik-nin Chau, went to the 12th International Congress of Scientific Management in Australia in 1960 and concluded that it was an important step for the development of Hong Kong.

Today, we are a platform facilitating the learning of business management among different people. Because we cover such a wide range, you can learn all kinds of business management skills from any of our partnership programs.

As for our alumni network, we have well over 10,000 members and we organize different occasions like seminars by top trainers and corporate visits throughout the year for executives to learn and network.

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biz.hk: What does HKMA offer to achieve its goals?

Chan: Our mission is to promote management effectiveness and efficiency. We are all about business management and training as well as some networking opportunities for executives in Hong Kong. We have been training business executives for Hong Kong for 50 years. We have different kinds of channel on education and our vision is to offer a diverse range of courses for different levels of executives ranging from junior to mid-level, to very senior managers, frontline, to meet the different training needs of different people.

In terms of our institution partners, it is not exclusive, and we are always willing to develop good programs for the market. We partner with different institutions based on their strengths and features. The purpose is to develop different kinds of programs for managers in Hong Kong and give them more options.

Each university has its own strengths.

For example, the Macquarie Graduate School of Management from Sydney is strong in business management and we have a MBA program and some specialized masters of management

Glover Chan

programs with them. The New Castle University is well-known for research and we have a DBA program with them. We seek partners with different features and different strengths.

biz.hk: What kind of students are most suitable for the New Castle’s DBA programs?

Chan: They are suitable for senior to top-level executives of any sector. Our participants generally are in senior management positions, most with more than 10 years of managerial

experience. A DBA is for people with personal aspiration to achieve more after they’ve reached certain qualifications like an MBA or a master’s degree.

DBA students may also want to actually solve some real business problems for their companies through the research they do.

It is not uncommon that a business owner as a DBA student can solve business problems through their research and learning in a program where they can address any particular business issue by working with knowledgeable people. biz.hk: Why are some programs shorter in duration than others, despite their similar nature? For example, the New Castle’s Master of Business program?

Chan: Some master’s degree programs are shorter because they are more condensed and focusing only on a number of core subjects on business

management. For the New Castle program, the participants generally are young executives in middle management. It allows you to learn essential skills in a shorter time period, unlike other programs that cover a whole range of subjects. biz.hk: The HKMA is like a ‘super market’. Business executives who come here will find something suitable for them.

Chan: We are more like a platform to facilitate the business education for different kinds of people – no matter whether you are a senior level executive or frontline managers.

We feel that it is rather crucial for people to learn continuously, whether in a long duration master’s degree program or in a short certificate course, or even just a half-day seminar.

So, we want people to come, to learn, to network and to upgrade themselves continuously.

biz.hk: What are your observations on the demand of your program?

Chan: The chances of being able to get a bachelor’s degree in Hong Kong were much lower 20 years ago. Back then, not all secondary students could go to university and many graduates had to work to make a living. After a few years in the workplace, a lot of these men and women saw the need for further education to improve their qualification. Diploma was a good option for them, and with that, you can also go further for a higher degree.

Today, more people are getting higher education opportunities and diploma programs have become less popular, although the market for a ‘top-up’ bachelor’s degree is booming because students can work towards a degree in one or two years through exemption of courses from credits of their diploma education. Some diploma holders with years of work experience may even go straight for a master’s degree.

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Invest in Talents Advice from Top Headhunter

Brian Sullivan, Chief Executive Officer, of the global retained executive search firm, CTPartners Executive Search Inc, visited Hong Kong in October. Sullivan is a member of the Association of Executive Search Consultants and was named by Businessweek's in 2008 as one of its Top 50 List of the World’s Most Influential Headhunters. In an interview with biz.hk, he shares his views about talent development, business education, and how human capital management will shape businesses in Asia biz.hk: You have been in the headhunting business for many years.

What are some of the major changes you’ve observed in human capital development in recent years?

Sullivan: One of the smartest things the West has learned in recent years is the importance and relevance of succession planning, embracing and enhancing the talent within an organization, and making sure that the quality of talent in the organization is better equipped to take over from the current executives. The Chief Human Resource Officer used to be the guy to handle the administration of the company’s benefits. But now the difference between company A and company B is their human capital. So the question is what are we doing to maximize that potential?

What’s changing now is that CEOs and broads realize they have to invest in their talent and they have to make their talent better prepared than before. That was a mindset that existed in companies like General Electric and United Technologies Corp, but now everybody is talking about it. Since the financial crisis, businesses have experienced a worldwide shortage of talent and are saying ‘we can’t simply go outside every time that we need a chief financial officer. Our culture is strong and we have spent a lot of time on cultivating that. We need to promote from within more often and create a learning university within our organization.’

I have been in the headhunting

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business for 25 years. When I first started, the CFO used to be the bean counter, and he ran the general ledger and accounting. Now, the CFO is often a critical component to the C-suite and perhaps the strategic adviser to the CEO. You are going to find the Chief Human Resources Officer coming into that role as well. biz.hk: How are businesses in Asia doing in terms of talent development?

Sullivan: There is a war for talent in Asia because companies are growing significantly faster than people can gain experience. So businesses have to go outside and get talent. For western companies in Asia, they should be training local talent so that these people are getting trained across different spectrums of the business. It should be like a MBA within the organization. And that requires a senior executive within the organization to ensure that’s happening.

So the Chief Human Resources Officer should take this as their primary responsibility to ensure that they are enhancing the quality of the talent and that succession plan is in place. They should be doing this so that they could put up a chart on the wall and they can say, ‘these five people have these skill sets here, and we need to switch this one with that one, and we need to cross-train them.’ It should be mapped out just like your supply chain or your customer penetration map is. At the end of the day, the quality of your

Brian Sullivan

organization is based on the caliber of your people. biz.hk: Is human capital development transcending across cultures?

Sullivan: Cultures in Asia are different, religions are different and customer relationships are different, but making a commitment to develop human capital is consistent across cultures. Do you care about the people who work for you? Do you consider them replaceable? If you consider that they are a critical component to your success, then you need to invest in them. biz.hk: Should companies send their executives to business school?

Sullivan: For learning technical expertise, yes, going to business school makes sense. But for cultural values, leadership values or continuity of business, I would suggest doing that in-house. What business school does – from my perspective – is to give people the opportunity to pursue job opportunities. It’s like a minimum requirement in order to be considered for some jobs. biz.hk: So a MBA is the entry ticket?

Sullivan: Yes, absolutely it is the minimum. Usually it makes a difference in the first seven years of one’s career.

That’s because in the first seven years, you tend to get promoted based on your technical skills – how smart you are, how good you are in accounting or finance, etc. After that, it becomes, ‘Can you influence people to do what you want them to do.’

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Love at First Sight

program is its teaching facilities. For example, Leung had worked at Bistro 1979 – a student-run, multifunction food and beverage unit – where she learned about the actual running of a restaurant. With Hotel ICON, conference organization becomes a subject much closer to home. In her final year at SHTM, Leung added a special course called “Special Event” in which she and her classmates helped organize the APacCHRIE Conference – a leading educational conference on hospitality and tourism in the Asia Pacific – held at Hotel ICON. “With Hotel ICON, it has greatly enriched our learning experience and helped put into practice what we’ve learned,” she says.

Another benefit of Hotel ICON to SHTM students is that it is a research hotel. Unlike other university programs, obtaining real data for research purposes is much easier because SHTM students can have access to Hotel ICON and they can better understand customers’ behavior and cultural influences.

A Gen-Y Success Story in Hospitality Business

By Daniel Kwan

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or Kirsten Leung, a new trainee of Kowloon Shangri-La, finding her career was easy. In fact, it was love-at-first-sight.

When she was a secondary student, she participated in a summer program organized by the Tourism Commission and visited a local hotel.

She recalls, “When I walked into the hotel, everything was so grand and professional. I said to myself then that it would be fantastic if I could work for a hotel after I finish school.”

So when the time came to decide on her choice of university, the decision was obvious – the School of Hotel and Tourism Management (SHTM) of The Hong Kong Polytechnic University. In 2007, Leung enrolled in a three-year “sandwich” program at the SHTM. “Hotel is both a worldwide and people-oriented business,” Leung tells biz.hk. “I want to expose to different cultures and I feel belonged working in the hotel industry.”

based on research and scholarship, according to a study published in the Journal of Hospitality and Tourism Research.

The school now has about 65 academic staff from 19 countries and it offers programs at levels ranging from Higher Diploma to Ph.D. The opening of Hotel ICON in December 2010 has given the school a top class teaching and research hotel. Last March, it won the McCool Breakthrough Award from the International Council of Hotel, Restaurant, and Institutional Education (I-CHRIE), the world’s largest organization of hospitality and tourism educators.

For Leung, what she learned at her three-year SHTM program (plus one year internship at the Hong Kong Convention and Exhibition Center) is highly valuable in her work today.

Currently responsible for events sales at the hotel, Leung says the SHTM program offered her practical experience and skills that she can apply in her everyday work.

World best

Practical learning

SHTM is a well-known institution within the industry. It was established in 1979 as a diplomaconferring department of the then Hong Kong Polytechnic. Today, it has become one of the largest hospitality schools in Asia and amongst the top such schools worldwide. Three years ago, it was ranked No 2 internationally among hotel and tourism schools

An emphasis in the classroom is the use of innovative methods for presentation. “The same [emphasis] actually holds true in soft skills including the use of technology such as the different types of software in communications,” Leung explains.

“In terms of knowledge, I learned concepts such as revenue and financial management when I took a

12

Being young

Kirsten Leung

course in Meetings, Incentives, Conferences, and Exhibitions (MICE).”

“Because of what I’ve learned, I have become more sensitive to figures – even the use of spreadsheets. These are all very useful tools to me today in my everyday work.”

“I now have some basic knowledge about financial management. This is very important to me especially when I have to make decisions based on comparisons with the previous [sales] periods.”

Another attraction of the SHTM

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Although Leung is one of the so-called “post-80s” – a media jargon to refer to young people who are born in the 1980s, she sounds both “oldschool” and “modern” when she was asked about her expectation in life.

She has chosen the hotel industry as her career because she is passionate about hospitality business. Meanwhile, she – like many of her seniors – also values career prospects and is willing to invest her time knowing her efforts will pay off in the end.

“The society may have a stereotype image of young people. But among the people that I know, we are actually willing to give our time and efforts to build our career and we also want to do well in what we are passionate about,” Leung says.

“The key is that we want to know what are the prospects ahead. We want to know so that we can set a target to achieve,” she adds.

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Finding Your Own Path Professor Kaye Chon, Dean and Chair Professor of the School of Hotel and Tourism Management (SHTM) of The Hong Kong Polytechnic University, tells biz.hk why young people can have a bright future in hospitality business in Hong Kong, and what qualities are important for those who want to consider a career in the field biz.hk: The hospitality business in Hong Kong is booming. But there is a shortage of talents. What are your advices for young people who aren’t sure if hospitality is the right career for them?

Chon: The industry can provide exciting career opportunities for young people. Important qualities for young people who may want to have a career in the hospitality industry may include: (a) passion for people and serving people; (b) interest in other cultures and languages; and (c) international travel and opportunities to work in different cultural environment. biz.hk: Unlike baby-boomers, Gen-Y today put a great deal of emphasis on freedom, work-life balance and self-expression. But working in hospitality business, teamwork, consistency and quality, and discipline are important. What should hospitality operators do to build a pipeline of talents for their business?

Chon: Managers will need to be flexible and make efforts to understand the needs and wants of the young generation. This can be accomplished through better communication and social media is a common way Gen Y chooses to use as the medium of communication.

The management will have to make a choice of either insisting that the younger generation adjusts to their style and standard, or they would have to adjust themselves to the young

Professor Kaye Chon

people. The management will have to think hard – which would be easier and more sensible? I believe the management would have to insist on a certain values and principles such as ethical and moral values. For other matters, they will have to accommodate the changing need and style of younger people. biz.hk: The SHTM look for what kinds of attributes in recruiting students?

Chon: Good communication skills, language skills, internationalism and multi-culturalism, good common sense, empathy and passion for people.

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today is no less than what it has been in the past 20 years, and Hong Kong is no exception. “Hong Kong is an ideal place for business education because it is one of the world’s top financial centers and a very international city, where many MNCs have regional headquarters,” Huang says.

In Hong Kong, most universities offer undergraduate and graduate programs in their business schools including masters and doctorates. Many of the graduate programs are offered on a part-time basis, tailor-made for “current CEOs and senior managers who can’t afford to leave their organization to do a full-time program.”

Scholar managers

PolyU DBA: An Integration of Scholarship, Leadership & Management

By Kenny Lau

T

he popularization of business education has been phenomenal, as business schools around the world have experienced exponential growth in the past 2-3 decades, offering a highly specialized field of collegiate study within universities.

“The emergence and development of business schools are closely related to the demand of business,” says Professor Xu Huang, PolyU DBA Programme Director. “Business organizations want to hire welleducated and well-trained graduates to work for them, and demand has increased quite a lot in this age of globalization and international business.”

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In the case of Hong Kong Polytechnic University’s (PolyU) Faculty of Business, 2,665 undergraduate students are admitted in the academic year 2012-13 from an applicant pool of 79,903, while 2,253 of 4,997 applicants are successfully enrolled in the taught postgraduate programs.

“In the old days, the field of engineering was king and was what most students would pick,” notes Huang, who is a psychologist by training, has focused on research about behavior of people in terms of motivation and leadership, and has taught postgraduate-level business courses at PolyU for about 10 years. “But a lot more students are now attracted to business schools.”

Research focus Curriculums in business education have evolved to become more topicspecific, covering study areas such as accounting, finance, marketing, and human resource management. Years ago, faculty in business schools generally came from other disciplines including arts and science. Today, they are highly specialized in their respective subjects.

In business education, “we now focus on research just like in any other disciplines of science,” Huang points out. “We try to understand phenomenon and problems in business in a way that is much closer to the commercial application of business.”

The demand for business education

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PolyU DBA (Doctor of Business Administration) program is “for experienced senior managers who already have a master’s degree and wish to enhance their managerial knowledge and skills,” Huang says, noting one of the fundamental needs of human beings is to learn and innovate continuously. “It is deeply in our genes that we want to create something.”

One of the purposes of PolyU DBA program is to create real-world relevant knowledge through “engaged scholarship,” which calls for closer collaboration and intellectual exchange between scholars and business executives.

Initiated in 1996 by Professor Peter Yuen, PolyU’s DBA program was founded upon the core value of training “scholar managers.” That is, executives who are also researchers capable of using scientific methods to help them solve business problems and at the same time create new knowledge.

“We say scholar managers because our students are both business executives and practitioners of science,” Huang explains. “It is a very sophisticated discipline where business executives as students get to do in-depth research in a business organization to find out the core problems, then quantify the problems and solve them using scientific methods.”

“We teach our students how to use different scientific tools to come up

11 • 2012

with new findings,” he adds. “Through our training, they can really explore and stand at the front of science.”

Knowledge creation PolyU’s DBA program is similar to MBA/EMBA programs in that it provides training for students to apply existing knowledge in business management. What’s more is that it takes a step further to train students to create new knowledge, Huang points out. “This knowledge creation is very unique to DBA programs in general and our program in particular.”

“MBA education is a very good medium for professional managers to learn new knowledge that they can apply in their career,” he says. “The process also encourages them to create new knowledge, but to a much lesser intensity than they would in a DBA program.”

DBA programs are more about creating new ideas that can be shared, allowing people to benefit from such findings. “Over the course of a DBA degree (at least at PolyU), students have to create new knowledge, and the new knowledge should be something beneficial to the world of business,” Huang notes. “This is exactly what our program is all about.”

Through working with professors in creating new knowledge, students in PolyU’s DBA program can often bring about solutions to business problems of their own organization. In one particular case, a student was able to develop a new mathematical model (which he as CEO applied to his “very large” company in China and saved billions of dollars as a result) through which his company could provide the highest quality service possible but at the same time remain highly cost-effective.

“In this project, they ran simulations for optimal results and basically created a whole new model by modifying the ones in use for the industry; it became a model that all other service providers in this particular industry followed,” Huang recalls. “This is an example of new knowledge being created.”

Professor Xu Huang

Convergence of minds

One of the key roles of PolyU’s DBA Program is to provide a platform on which practical business knowledge based on real experience and scientific knowledge from research can merge.

Senior executives and managers have tremendous practical knowledge and experience in business management, and their problem-solving skills are nurtured based on their real work experience.

Meanwhile, professors of business schools all over the world are engaged in research and create a significant amount of knowledge scientifically.

“It is a common problem that these two types of knowledge do not converge or interact on their own, unless we somehow bring them together,” Huang says. “PolyU DBA is the right place for them to merge.”

“Before the student [mentioned earlier] came to our program, our professors may know a lot about business models in the US or Europe but knew very little about those in China,” he says. “When he came with his particular knowledge about China business and worked together with our professors for three years, they were able to complement each other and create something new.”

“It is an ultimate example of how practical experience and scientific knowledge merge to create more new knowledge, which can then be applied to their own companies or other industries,” Huang says. “It is an idea that we are very passionate and excited about.”

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EMBA/MBA & Professional Program The Chinese University of Hong Kong

Australian School of Business The University of New South Wales

Executive MBA Program

AGSM MBA Hong Kong Program

Program Features The CUHK EMBA Program was established with the objective of developing in our participants the essential skills and knowledge for modern management at the senior executive level. The Program strives to bring together the best of Chinese and Western management theories and practices, underpinned by crucial traditional and modern wisdom.

Institute History

AGSM MBA Hong Kong Program 15th Anniversary and Graduation Celebrations

AGSM MBA Programs have more than 30 years history of leadership in Australia and are recognised internationally for the rigour, relevance and the unique learning experience provided for students and course participants. In successive international rankings, AGSM MBA has been ranked the Number 1 program in Australia and in the top 50 MBA programs in the world by the Financial Times (UK) Global MBA Rankings for the past 6 years (2012, 2011, 2010, 2009, 2008, 2007).

Currently, there are more than 11,000 AGSM MBA alumni in leadership positions in Australia and around the world.

Starting from 2013 intake, participants will attend classes on Saturday and Sunday (two consecutive days) once every two to three weeks.

One of the highlights of the CUHK EMBA Program is its rich range of activities offered, including the monthly “EMBA Forum”, the “Talking to CEOs” and “New Thinking in Management” Radio/TV Series in which highly-regarded leaders of the business community, government and non-governmental organizations are invited to share with our participants their management experiences, insights and personal philosophies.

AGSM MBA Hong Kong Program is a part-time face to face MBA Program offered in HK, which students are required to complete 16 courses to obtain an MBA degree.

Special Features

Students with diverse cultural and professional backgrounds in an interactive class discussion

Program

: AGSM MBA Hong Kong Program

Duration of Study

: 1.5 – 7 years (Part-time face to face)

Admission Requirements

: 1. Degree holders with at least two years professional / managerial work experience 2. Non-degree holders with at least six years professional / managerial work experience

Application Methods

: Online Application (https://apply.unsw.edu.au)

Application Closing Date

: Feb, May, Aug, Nov 2013

Program Fees

: Fees per course in 2013 is HK$18,210*.

This includes tuition and course materials. *Fees are subject to change annually.

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• Part-time face to face MBA Program offered in HK • Flexibility completion time – 1.5 to 7 years • Apply and commence during the year with the added benefit of four intakes a year • Learn from world-class fly-in faculty in an interactive classroom setting • Tailor your study to suit your career by choosing from our wide range of electives • Balance work and study commitments with our intensive, modular course delivery • Financial flexibility – pay as you learn over 16 courses

Program

: Executive MBA Program

Duration of Study

: 2 Years

Admission Requirements : Applicants must • have obtained a Bachelor’s degree or professional qualifications equivalent to a degree, • normally, have at least 7 years of post-qualification business or relevant work experience, including 5 years in a managerial position, and • fulfil the University’s English language proficiency requirement.

Contact Details Tel Fax Email

: (852) 2841 2805 : (852) 2841 2802 : (852) 2588 1724 contact@agsm.com.hk

www.agsm.edu.au/hk

Application Methods

Application Closing Date : March 15, 2013 Program Fees

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: Online Application (Online application is open on December 3, 2012)

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: HK$465,760 (Subject to University's final approval)

To bring the world to China, and China to the world, the Program partnered with the EMBA Programs of Peking University and the National Taiwan University to conduct the “Greater China EMBA Elite Study Week” in Hong Kong, Taiwan and Beijing. The week was the first of its kind conducted worldwide and provided a platform for the three groups of EMBA students in Greater China to interact and develop friendships. Global Study Trips are also organized each year to expose our participants to different national environments and business operations so as to develop a global perspective and interact with senior executives in different parts of the world.

In the latest global survey of 100 EMBA Programs worldwide, the London-based Financial Times ranked CUHK’s EMBA Program No. 17 in 2012. The Program has been consistently ranked high among the world’s top 20 EMBA programs since the newspaper’s first launch of global EMBA ranking in 2001.

Contact Details Tel Fax Email

: (852) 3943 7642 : (852) 2603 5762 : emba@cuhk.edu.hk

www.cuhk.edu.hk/emba

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EMBA/MBA & Professional Program Choy-Valentine & Company

The Chinese University of Hong Kong Full-time & Part-time MBA Programs

Level 19, Two Int'l Finance Centre, 8 Finance Street, Central, Hong Kong

Special Features Choy-Valentine’s programs specialize in helping Senior Executives and their Teams to achieve faster and greater business results amidst the continuous challenges of the market, Political, Social and Economic upheaval and changes driven by new Technology. Senior Leaders and their Teams are brought together to align their vision, goals and plans for a speedy execution and guaranteed success.

Choy-Valentine is one of the leading companies for developing global business leaders, operating from San Francisco, London, Hong Kong, Beijing and Taipei.

Clients include some of the most exciting “New Generation” companies and well established western and Asian Multinational Corporations. Choy-Valentine’s team of dedicated specialists has developed over 3000 Senior Executives around the world.

Choy-Valentine is founded by two Global Business Leaders, a Chinese American Engineer and a European Business Development specialist. With their unique combination of East & West corporate experience from both Western and Asian Multinational companies, they have created a unique methodology to help modern day Senior Leaders and their Teams to apply and integrate their wide spectrum of knowledge, experience and expertise to achieve great results.

Choy-Valentine’s expertise in developing future global executives is firmly established among their clients. In 2008 an executive being developed by Choy-Valentine won the prestigious “Business Leader of the year” awarded by CCTV in China.

Program

: Full-time MBA Program

Duration of Study

: 16 months

Admission Requirements : • Bachelor’s degree with honours (not lower than second class lower division or B grade) or equivalent professional qualification • Provide a satisfactory GMAT score • Three years of full-time post-qualification work experience are expected Application Methods

: Online Application

Application Closing Date : Nov 30, 2012; Jan 15, 2013; Mar 15, 2013 : HK$480,060 Program Fees

Institute History With one of the most internationalized and the longest established MBA Programs in Hong Kong, the CUHK Business School has always strived to provide a truly global, ‘East meets West’ learning environment to our students.

: Part-time MBA Programs

Program

: Doctor of Business Administration

: 24 months

Duration of Study

: 3 -6 Years

Application Methods

: Online Application

Application Closing Date : Jan 31, 2013; Feb 28, 2013; Mar 31, 2013 : HK$305,040 Program Fees

Contact Details Contact Tel Fax Email

: : : :

Becky Tsang (852) 3943 8629 (852) 2603 6289 becky@cuhk.edu.hk

www.cuhk.edu.hk/mba

Admission Requirements : • Master’s degree holder plus substantial years (normally 10 years of above) of managerial or professional experience; and • demonstrate proficiency in English language, such as completion of a degree programme taught in English, or TOEFL/IELTS result Shortlisted applicants will be invited to attend an admission interview conducted in English by an interview panel of the School.

Application Methods

: Online Application

Application Closing Date : 30 April 2013 Program Fees

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: : : : :

Nickie Tran (852) 3101 7270 (852) 3101 7271 (852) 9359 750 nickietran@ choy-valentine.com

Special Features

Duration of Study

least three years of full-time • At post-qualification work experience are required

Contact Person Tel Fax Moile Email

Doctor of Business Administration

Program

• Provide a satisfactory GMAT score

Contact Details

Hong Kong Baptist University

With our distinctive location in both Hong Kong and across the border in mainland China, CUHK MBA offers you a unique learning experience that combines local insights with global perspectives, teaching that is both practical and theoretical, and access to the largest alumni network in Hong Kong. CUHK MBA possibly is the closest doorstep to the global market.

Admission Requirements : • Bachelor’s degree with honours (not lower than second class lower division or B grade) or equivalent professional qualification

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www.choy-valentine.com

Some of the Choy-Valentine & Company Programs: • Executive Coaching for C Level Executives • Customized Interventions for Senior Leadership Teams • Consultative Development Solutions for Senior Managers

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: HK$428,000

• HKBU’s commitment to academic excellence and to personal development • Highly selective intake and small size to ensure individual support and mentoring can be achieved • Research mentorship to help new students to develop their research proposal • A mix of experienced and highly-qualified local and international faculty • A professional workshop series introducing practical elements to the programme • Accredited by AACSB and AMBA to ensure that our programmes are benchmarked against the best international standards.

Contact Details Contact Person Tel Fax Email

: Claudia Tsui : (852) 3411 2148 : (852) 3411 5588 : hkbudba@hkbu.edu.hk

www.hkbu.edu.hk/~dba

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EMBA/MBA & Professional Program The Hong Kong Polytechnic University

The Hong Kong Polytechnic University School of Hotel and Tourism Management

PolyU OneChina MBA

Executive Masters in Global Hospitality Leadership Programme Features

Programme Overview

The PolyU MBA programme has been offered in Hong Kong since 1990 and 2002 in Mainland China. Since then, the programme aims at providing a postgraduate educational experience to experienced managers who wish to enhance their general management capability. Its structure, content and teaching approaches are benchmarked against the best programmes in the world.

Hospitality industry is a fast-growing global industry creating millions of jobs in the global economic landscape. Leaders with a skill set for the 21st century are needed to anticipate and shape the opportunities and challenges for continued success. The Executive Masters in Global Hospitality Leadership offered by the School of Hotel and Tourism Management (SHTM) intends to provide a challenging, international leadership development experience to senior executives.

PolyU continuously work to further improve the MBA programme, there is now a common “OneChina MBA” structure between the programme in Hong Kong, Xi’an and Shenzhen, allowing students to study for a subject in a different location and a different language, if they so choose.

What makes our programme so different?

• Designed for seasoned executives with more than 10 years of management experience in the hospitality industry • Guided by the SHTM’s international faculty of 65 academics from 19 countries and regions • Central to the programme is an international focus while recognising the importance of hospitality in the Asia-Pacific region • Teaching and learning methods centred on the needs and goals of industry executives • Flexible delivery pattern allowing busy executives to set their own pace in completing subjects • Networking opportunity for elites in the global hospitality industry to bond • Run on part-time basis, the programme can be completed in two years or spread to four

Leadership in the Asian context is one major focus at our programme. Under the strategic partnership with KORN/FERRY INTERNATIONAL, PolyU and Korn/Ferry will together deliver a Leadership Development Programme within the MBA programme.

Students will be thoroughly appraised with respect to their leadership competences, those competences will be developed using Korn/Ferry's established methodologies, and each student will receive advice on how to continue developing themselves when the programme is completed.

Program

: PolyU OneChina MBA

Duration of Study

: 2 years part-time (Maximum: 4 years)

Admission Requirements : Applicant should

Application Methods Program Fees

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(1) Have a bachelor’s degree, a postgraduate degree or a postgraduate diploma in any area, or an equivalent professional qualification and a minimum of 6 years experience in a managerial or professional capacity, and be proficient in English (2) In exceptional cases, be aged 35 or over with post-secondary qualifications and at least 8 years experience in a senior managerial or professional capacity, and be proficient in English. : Online application via “Study@PolyU” (www.polyu.edu.hk/study) : HK$198,000 (Subject to review)

Class Profile – Intake of 88 students in 2012 – Average 15 years of work experience – Average 37 of age – 85% are managers, directors or professionals Accreditation We are among a small group of business schools worldwide with Triple Accreditation: – AACSB – EQUIS – AMBA

Programme

: Executive Masters in Global Hospitality Leadership

Duration of Study

: Part-time; Normal: 2 years; Maximum: 4 years

Admission Requirements : Applicants must • Generally hold a first degree in any discipline, plus a minimum of 10 years industry experience at management level.

• Admission of non-degree holders, however, to the programme could be offered to experienced senior industry executives with a minimum of 15 years of industry experience at senior level.

Contact Details Contact Tel Fax Email

: : : :

Faculty of Business (852) 2766 7047 (852) 2365 7415 fbmba@polyu.edu.hk

Application Method Programme Fees

www.polyu.edu.hk/fb/rpss/mba

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: Online application via “Study@PolyU” (www.polyu.edu.hk/study) : HK$267,500 (subject to revision)

As a global centre of hospitality education for the 21st century, the SHTM is positioned to lead the world’s hospitality education.

Currently ranked second in the world, the School offers programmes that are gateways to outstanding career opportunities.

Contact Details Contact Tel Email

: Dr Basak Denizci Guillet Programme Leader : (852) 3400 2173 : basak.denizci@polyu.edu.hk

Tel Email

: Mr Jason Chau Executive Officer : (852) 3400 2198 : jason.chau@polyu.edu.hk

Fax

: (852) 2362 9362

Contact

www.polyu.edu.hk/htm/em

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EMBA/MBA & Professional Program The University of Hong Kong

Kellogg-HKUST Executive MBA Program

EMBA-Global Asia

Master of Business Administration

Programme Features EMBA-Global Asia is offered jointly by three prestigious business schools, Columbia Business School, London Business School, and The University of Hong Kong. EMBA-Global Asia is designed for high-potential, globallyfocused individuals who are seeking to deepen their understanding of both Western and Eastern business, and who are passionate about the opportunities Asia's rapid economic development affords. Taught by world-class faculty members in the leading economic capitals – New York, London and Hong Kong, students benefit from unique insights and gain truly global perspective. By taking advantage of the Schools’ location, students hear from influential and industry leaders from throughout the world.

Institute History We are witnessing massive disruption in businesses because of rapid technological changes and increasing globalization. It is critical for business leaders to develop a global understanding of management. The leaders of tomorrow not only require strong and effective functional and managerial skills, they also need a global understanding of issues, and a strong international network that they can rely upon.

The Kellogg-HKUST program provides an unparalleled education taught by world renowned faculty, who are internationally acclaimed scholars, researchers, and consultants. The program emphasizes teamwork and cross-cultural collaboration, and is built on a solid general management core which informs strategic decision making in every aspect of the business. In short, the program is grounded in academic excellence, team leadership, and the power of diversity.

The programme gives participants the opportunity to learn alongside an extraordinarily talented and diverse cohort representing a wide range of nationalities and industries. EMBA-Global Asia students bring variety and depth to learning experience, enabling them to develop a broader global perspective and to foster professional relationships and networks around the world. Graduates are alumni of all three schools and have full, life-long access to an unparalleled global alumni network with more than 39,000 alumni from CBS, 35,000 alumni of LBS, and 10,000 HKU Business School alumni.

The distinguishing feature of the program is the global network of partnerships that Kellogg has with premier business schools from around the world. The opportunity to take courses with students from other partner schools during international live-in weeks is a unique one-of-a-kind opportunity.

Program

: Kellogg-HKUST Executive MBA Program

Duration of Study

: 18 months

Admission Requirements : Bachelor’s degree, 10 years of significant full-time working experience, company sponsorship and support and results of TOEFL/IELTS for applicants who were educated at institutions where the primary language of instruction was not English Application Methods : Submitting application form in hard copy or online Application Closing Date : September 30th, 2013 Program Fees

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: HK$1,165,000/ US$150,000 for 2013 intake (fees for 2014 not available yet)

Program

: EMBA-Global Asia

Duration of Study

: Part-time, 20 Months

“The diversity of the class is a real highlight. Having worked in emerging countries for the last 10 years, it is great to connect with other organisations and see how business work in other parts of the world. Everyone on the programme is very different, not only culturally but also in terms of work experience and sector.”

Director in Vietnam.

Admission Requirements : Applicants must have: • Bachelor degree • Minimum 5 years of work experience • GMAT

Contact Details Tel Fax Email

: (852) 2358 4180 : (852) 2358 1514 : emba@ust.hk

Application Methods

: Online Application

Application Closing Date : 8 March 2013

www.bm.ust.hk/khemba

Program Fees

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: US$140,400 for May 2013 intake

Contact Details Contact Tel Email

: Jenny Leung : (852) 3962 1266 : asia@emba-global.com

www.emba-global.com/asia/

23

EMBA/MBA & Professional Program The University of Hong Kong

University of Southern California (USC) – Shanghai Jiao Tong University (SJTU)

Master of Business Administration

Global Executive MBA in Shanghai

Institute History HKU MBA offers full- time and part- time global MBA programmes which are highly relevant to the region's dynamic and evolving business environment with a strong focus on Asia business. Our case-teaching methodology ensures that our students can become effective problem-solvers and decisionmakers in rapidly changing business settings.

Relatively small class size allows more extensive interaction and collaboration.

In the latest World MBA Rankings released

by The Economist, HKU MBA Programme is again ranked No.1 in Asia for the third consecutive year, the programme is also ranked No. 41 in the world. Although the full-time MBA programme at HKU has a relatively young history, the Faculty of Business and Economics has demonstrated impressive results in world rankings. Since entering The Economist Ranking, HKU MBA is consistently ranked one of the top programmes in the world.

HKU MBA for the first time has entered the Financial Times (FT) rankings of the fulltime MBA programmes and is ranked No.37 in the world. This is great beginning for us given that we are one of the youngest MBA programmes in the region and have managed to grow and build one of the most dynamic programmes in a very short period.

• London Track with London Business School • New York Track with Columbia Business School • Hong Kong / China Track

Special Features Top 4 EMBA: The Wall Street Journal Top 10 EMBA: U.S. News & World Report Top 10 EMBA: Bloomberg Businessweek

An EMBA program with true global prestige A 20-month program with an executive-friendly schedule The most powerful alumni network in the world Exceptionally international curriculum and student body AACSB Accredited: 28 years of EMBA excellence

Program

: Global Executive MBA in Shanghai

Duration of Study

: 20 months : • Ten years' full-time working experience, including six years management experience; • Ability to participate dynamically in a 100% English-language learning environment; • A bachelor's degree or higher from an accredited institution; • The understanding and support of your employer and/or family. The GEMBA program requires a substantial time commitment.

Admission Requirements

Application Methods

: rolling admission

Application Closing Date

: 31 March 2013

Program Fees

: USD 90,000.00

Contact Details Contact Person Tel Fax Email

: Doris Cao : +8621-62932707 : +8621-62932713 : doris.cao@sjtu.edu.cn

www.marshall.usc.edu/gemba

HKU Part-time MBA offers both in weekday and weekend modes. Students may choose the most suitable study mode depending upon their work commitments.

Four essential themes critical to the success of multinational and regional firms in Asia today are featured in our courses:

Program

: Master of Business Administration Programme

Duration of Study

: 14 Months (Full-time); 2-4 years(Part-time)

Admission Requirements : Degree Holder, 3 years Work Experience, (GMAT) Graduate Management Admission Test Application Methods

: Online Application

Application Closing Date : Feb 2013 Program Fees : Full Time - HK$ 450,000 Part Time - HK$ 330,000

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1. Entrepreneurship Innovation & Operation Management 2. Financial Management 3. Managing in China & Asia 4. Marketing & Services Management.

Contact Details Contact Person Tel Fax Email

: MBA office : (852) 3962 1267 : (852) 2989 6553 : mbaadmissions@hku.hk

www.mba.hku.hk

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