Asian Business Schools Collage
The FT has gathered together its data on business degrees in Asia © FT montage

Kate Hodge, Andrew Garthwaite and Wai Kwen Chan

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While global applications to business schools have declined year-on-year, the outlook for business education in Asia is optimistic thanks to a buoyant domestic market.

Nearly half (48 per cent) of the programmes in the region that responded to the Graduate Management Admission Council survey reported an increase in applications from domestic candidates this year. Some 37 per cent said applications from international students had increased.

The picture is not so rosy for Australia, however. Some 77 per cent of the 24 Australian programmes that responded to the GMAC survey said that total application numbers for 2019 have declined, most notably among international students.

The Financial Times has compiled its data on schools in mainland China, South Korea, Singapore, Hong Kong, India, Taiwan and Australia. Those interested in studying in the region can compare statistics, such as percentage salary increase, about a range of programmes including executive MBAs, masters in management and MBAs.

The directory is based on the most recently available published data. The executive MBA information is based on our 2018 ranking, while the MBA and Masters in Management information is from our 2019 tables.

** Denotes a Grande École programme.

Asian Business Schools directory 2019
Country School Programme Type International students (per cent) Female students (per cent) Average salary (PPP) Percentage salary increase
Australia AGSM at UNSW Business School AGSM MBA MBA 88 31 119,671 82
Australia Macquarie Graduate School of Management Master of Business Administration MBA 100 36 128,166 81
Australia Melbourne Business School Master of Business Administration MBA 90 36 118,959 51
Australia Melbourne Business School EMBA EMBA 38 25 176,742 87
Australia University of Sydney Business School Master of Management MiM 85 56 69,402 59
China Arizona State University: Carey Carey-SNAI EMBA EMBA 0 34 259,186 86
China BI Norwegian Business School/Fudan University School of Management BI-Fudan MBA EMBA 4 64 224,006 102
China Ceibs Ceibs full-time MBA MBA 31 40 174,115 75
China Ceibs Ceibs Global EMBA EMBA 51 41 364,578 183
China EMLyon Business School EMBA EMBA 28 26 133,680 39
China Essca School of Management Essca Master in Management** MiM 15 55 58,079 38
China Fudan University School of Management Fudan International MBA MBA 11 65 110,062 71
China Fudan University School of Management Fudan EMBA EMBA 2 25 295,793 195
China Hult International Business School EMBA EMBA 87 37 170,908 67
China Kedge Business School Global EMBA EMBA 13 27 197,480 92
China OneMBA OneMBA: FGV/XMU/Egade/RSM/UNC EMBA 24 33 204,309 60
China Shanghai Jiao Tong University: Antai International MBA MBA 36 51 112,817 118
China Shanghai Jiao Tong University: Antai Master in Management MiM 11 59 88,444 193
China Shanghai Jiao Tong University: Antai SJTU Antai EMBA EMBA 3 32 344,193 124
China Skema Business School Global MSc in Management MiM 54 63 76,350 57
China Tongji University School of Economics and Management Master in Management MiM 21 75 77,924 100
China Tongji University/Mannheim Business School Mannheim-Tongji EMBA EMBA 19 35 197,454 42
China Trium: HEC Paris/LSE/NYU: Stern Trium Global EMBA EMBA 89 34 342,970 60
China University of Chicago: Booth EMBA EMBA 75 29 267,327 60
China Washington University: Olin Washington-Fudan EMBA EMBA 20 41 368,498 63
China & Singapore Tsinghua University/Insead Tsinghua-Insead Dual Degree EMBA EMBA 66 27 365,736 54
Hong Kong CUHK Business School Full-time MBA MBA 49 37 115,689 59
Hong Kong CUHK Business School EMBA EMBA 25 38 267,490 110
Hong Kong EMBA-Global Asia: Columbia/HKU/LBS EMBA-Global Asia EMBA 84 34 307,840 76
Hong Kong HKUST Business School HKUST full-time MBA MBA 68 28 156,202 108
Hong Kong HKUST Business School MSc in International Management MiM 14 76 63,752 54
Hong Kong Hong Kong Baptist University School of Business MSc in Business Management MiM 5 70 37,536 60
Hong Kong Kellogg/HKUST Business School Kellogg-HKUST EMBA EMBA 62 28 507,492 66
Hong Kong University of Hong Kong HKU full-time MBA MBA 69 46 131,386 104
Hong Kong & China University of Hong Kong HKU-Fudan MBA (International) EMBA 1 60 212,327 116
India Indian Institute of Management Ahmedabad Full-time one-year postgraduate Programme in Management for Executives (PGPX) MBA 1 17 186,170 100
India Indian Institute of Management Ahmedabad Two-year postgraduate Programme in Management MiM 0 26 131,627 45
India Indian Institute of Management Bangalore Executive postgraduate Programme in Management MBA 0 21 178,774 124
India Indian Institute of Management Bangalore Post-Graduate Programme in Management MiM 4 28 123,618 41
India Indian Institute of Management Calcutta Postgraduate Programme for Executives (PGPEX) MBA 0 9 158,138 139
India Indian Institute of Management Calcutta Postgraduate Programme in Management MiM 0 27 134,348 50
India Indian Institute of Management Indore Postgraduate Programme in Management MiM 0 38 96,832 52
India Indian Institute of Management Udaipur Postgraduate Programme in Management MiM 0 25 88,281 59
India Indian School of Business Postgraduate Programme in Management MBA 3 34 156,122 187
Singapore Essec Business School Master in Management** MiM 56 49 99,967 71
Singapore Essec/Mannheim Essec-Mannheim EMBA EMBA 59 28 161,349 49
Singapore Grenoble Ecole de Management Master in International Business MiM 84 51 61,601 54
Singapore Insead Global EMBA EMBA 89 25 279,102 45
Singapore Nanyang Business School, NTU Singapore Nanyang MBA MBA 89 41 134,036 51
Singapore Nanyang Business School, NTU Singapore Nanyang EMBA EMBA 88 32 271,154 126
Singapore National University of Singapore Business School The NUS MBA MBA 88 35 153,216 50
Singapore National University of Singapore Business School NUS EMBA EMBA 86 23 290,842 131
Singapore Singapore Management University: Lee Kong Chian Master of Business Administration MBA 90 33 118,415 38
Singapore Singapore Management University: Lee Kong Chian MSc in Management MiM 96 57 57,901 133
Singapore Singapore Management University: Lee Kong Chian EMBA EMBA 68 26 363,014 28
Singapore UCLA: Anderson/National University of Singapore UCLA-NUS EMBA EMBA 72 22 300,440 47
South Korea Korea University Business School EMBA EMBA 0 16 261,080 87
South Korea Sungkyunkwan University GSB Full-time MBA MBA 55 45 131,166 100
South Korea Yonsei University School of Business EMBA EMBA 0 15 241,651 74
Taiwan National Chengchi University MSc in Management Information Systems MiM 8 32 69,033 48
Taiwan National Sun Yat-sen University EMBA EMBA 3 22 187,344 59

Footnotes

Types of qualification
  • The Masters of Business Administration (MBA) is a post-experience degree where the majority of students have at least three years’ work experience.
  • The Executive MBA (EMBA) is designed for senior working managers. The majority of students have at least 10 years’ work experience.
  • The Masters in Management (MiM) is for students with very little or no work experience.
International students (per cent)

Based on the diversity of the students on the programme when the survey was carried out. It is calculated using the percentage of students whose citizenship differs from the country in which they study.

Female students (per cent)

Percentage of female students in the class at the time when the survey was carried out.

Average salary (PPP)

For MiM and MBA, this is the average salary three years after graduation, US$ PPP equivalent with adjustment for variations between sectors. For EMBA, this is the average salary three years after graduation, US$ PPP equivalent.

Percentage salary increase

For MBA and MiM, this is the average difference in salary between graduation and today. Half of this figure is calculated according to the absolute increase and half according to the relative percentage increase.

For EMBA, this is the average difference in salary from before the EMBA to the time of the survey. Half of this figure is calculated according to the absolute salary increase, and half according to the percentage increase relative to the pre-EMBA salary. The latter is the figure published in the table.

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