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Why Study an Asian MBA: Video
By Pavel Kantorek
Updated UpdatedChina’s economy, the IMF announced in October 2014, is the world’s largest in terms of purchasing power parity (it is thought that it will overtake the US in terms of nominal GDP by 2024), confirming a World Bank prediction, made in April, that this would be case. This figure, naturally, has been met with incredulity in some quarters, but the might of the Chinese market – the country also became the world’s largest trading nation in 2013 – is certainly not in question.
But China is not the only powerhouse in Asia; Japan remains economically significant (and the world’s third-largest economy), South Korea is catching up fast, and the ASEAN nations are becoming increasingly prominent on the global stage. The long-predicted Asian Century just may well be coming to pass.
Opportunities for MBAs are, therefore, plentiful. Indeed, the Asia-Pacific region has been a key engine room of growth in MBA jobs, with QS research showing 11% growth in new opportunities in 2013/14, on the back of 20% the preceding year.
With the quality of the region’s business education increasing exponentially in recent years (reflected in increasing representation in the QS Global 200 business school rankings), an Asian MBA can be the passport to a wealth of new opportunities for the enterprising and ambitious MBA. Below, Lawrence Chan, administrative director of marketing and student recruitment for CUHK’s MBA program (ranked 12th in Asia), discusses why you should consider an Asian MBA.
Why study an Asian MBA?
This article was originally published in . It was last updated in
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Mansoor is a contributor to and former editor of TopMBA.com. He is a higher and business education specialist, who has been published in media outlets around the world. He studied English literature at BA and MA level and has a background in consumer journalism.
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