More than 12,000 Beijing students have registered for the Masters
of Business Administration (MBA) examinations this year, 30 percent
more than last year.
The number is above 10,000 for the first time, and is increasing
faster than all Master's degree majors, according to an official
with the Beijing Education Commission.
"We need knowledge of modern business administration to meet the
demands of economic growth and China's accession to the WTO," says
Lin Hua, an MBA student at the prestigious Tsinghua
University.
The demand for highly educated professionals and the high incomes
paid to them are the major reasons for the interest in the MBA.
Most Beijing students with an MBA diploma are sought after by
businesses before graduation. Their annual salary is more than
100,000 yuan (US$12,000).
The MBA education market in Beijing is growing rapidly. At the end
of July, the number of Chinese MBA graduates had reached 15,000,
and more than 30,000 students were taking the courses.
Many well-off people who have years of working experience drive
limousines to Tsinghua or Beijing universities to take the MBA
courses. The young people are looking forward to better future.
(
December 14, 2001)