Asian business schools are seeing an increase in MBA applicants. According to the Graduate Management Admission Council (GMAC), 37 percent of business schools in the Asia Pacific saw an increase in local applications, while 45 percent saw an increase in overseas applications. Top Asian business schools, including those in China, Hong Kong, best Mim Schools in Singapore, and India, provide candidates with exposure to some of the world’s fastest-growing economies, where employers are vying for MBA students.
Asian business schools provide a high-quality education at a fraction of the expense of their American counterparts. The list which we have tried to compile are the best business schools in Asia based on the latest Financial Times MBA Ranking. Let us get started.
National University of Singapore Business School (NUS)
The NUS MBA is recognized as the second-best university in Singapore by the Financial Times, knocking out the University of Cambridge and Cornell University—and it’s only one position below New York University: Stern. The wage increase at NUS is 138 percent. It is considered as one of the best MBA schools in Singapore.
Nearly 120 professors from 19 countries teach the school’s MBA program, with over half of the faculty being from outside Singapore. The program itself reflects this diversity, with about 60% of students coming from countries other than Singapore, including Vietnam, Belgium, Canada, and Japan. The NUS MBA is a two-year program that emphasizes experiential learning and includes a five-day soft skills session at the start of the program.
INSEAD, which ranks first globally on the FT’s list, is named the finest business school in Asia. INSEAD has risen above US rivals including Harvard, Stanford, and Wharton, which have all dropped out of the most recent Financial Times rankings. INSEAD, which is established in Fontainebleau, France, also has a campus in Singapore, which is located in the Knowledge Hub region of the city-state. Students who begin in September have the option of completing a fast-tracked 10-month program, while those who begin in January have a two-month summer vacation to fit in an internship or summer project. When we talk about the best MBA schools in the USA we get to see a wast list of schools.
The INSEAD MBA program is unquestionably worldwide, with 88 nations represented. Furthermore, 91 percent of its teachers are from foreign countries, and students can spend the last year of their degree on an exchange at one of INSEAD’s campuses, such as Fontainebleau or Abu Dhabi. Overall, 37% of alumni work in Northern/Western Europe, with another 27% working in the Asia Pacific; in fact, 50% of graduates shift to countries after completing the program.
The China Europe International Business School (CEIBS), which is placed seventh in the FT’s survey, is also regarded as China’s best business school. The MBA program at CEIBS, which is based in Shanghai, focuses on Chinese business from a global perspective and offers four concentrations: finance, marketing, digital business, and entrepreneurship.
During their MBA, students will work on a China Strategy Project, a high-level strategy project in partnership with Chinese companies. Five electives in another country provide international experience. Graduates earn an average income rise of 156 percent after completing this intensive program, putting the institution among the top ten in the world in this compensation category, with roughly 85 percent of students getting jobs in mainland China.
Indian School of Business
The Indian School of Business is the highest-ranked Indian business school on our list, with triple accreditation from AMBA, EQUIS, and AACSB. It is among the top 1% of business schools worldwide. When it comes to paying increases, the institution comes in third, with graduates seeing a 173 percent boost in their earnings over the course of their studies.
The Wharton School, London Business School, and MIT’s Sloan School of Management have all partnered with the Indian School of Business. Students in the Post Graduate Program in Management come from a variety of backgrounds, including consulting, information technology, fast-moving consumer goods, and manufacturing, with 78.5 percent of alumni changing careers after graduation. This school competes with the best MiM schools in the USA.
Students can experience real-world learning on the program with a dedicated Experiential Learning Program, while an Entrepreneurial Venture course gives ambitious entrepreneurs the ability to start their own business in Hyderabad, one of India’s leading technological hubs.
HKUST Business School
The Financial Times has placed HKUST Business School 22nd worldwide and first in Hong Kong. More than 90% of the program’s students are international, with 15-20 different nationalities represented, and they get to experience Hong Kong’s diversity as well as the region’s diverse enterprises.
HKUST’s full-time MBA program is tech-focused, with a dedicated career track in Business Technology and Analysis that includes FinTech, AI, and Python classes. As the school seeks to tap into Hong Kong’s developing technological hub in the heart of Asia, the MBA program at HKUST places a strong emphasis on technology.
HKU Business School
HKU is ranked 29th in the Financial Times rankings, up from 56th. It has a 33 percent foreign faculty and 95% international students. By providing students with an in-depth grasp of international business, HKU hopes to prepare them for professions in Asia and beyond.
Some MBA electives, like fintech, digital marketing, and corporate finance, are available through HKU’s track system at its partner schools, which range from Fudan University to London Business School and Columbia Business School. This implies that while at HKU, students will be able to participate invaluable networking opportunities and expand their global network.
There are around 220,000 HKU alumni in Hong Kong, so there’s a chance to network with HKU grads working in commerce, government, and the arts. Financial services (35 percent), consultancy (18 percent), technology (13 percent), and consumer goods (13 percent) are among the industries that HKU graduates prefer (13 percent).
Indian Institute of Management Ahmedabad
The Indian Institute of Management is a prestigious management institute in India. Ahmedabad is the first Asian business school to enter the top 50 MBA schools in the world, moving up from 61st in 2020 to 48th in 2021. India’s GDP grew by 4.2 percent in 2019, making it one of the world’s fastest-growing economies. Students studying at the Indian Institute of Management Ahmedabad (IIMA) are placed in one of India’s most major business capitals. Textiles and chemicals are two industries that have a significant presence in the city.
IIMA’s Post Graduate Program in Management is a demanding program with courses that are regularly updated to reflect the current business environment. Marketing, Legal Aspects of Business, and Financial Reporting are required courses, while elective courses allow students to concentrate on a variety of topics such as agricultural management, human resources, economics, and organizational behavior. Graduates of the two-year program get an average income rise of 87 percent, with 100 percent of them employed three months after graduation.
Asia is progressively gaining popularity as a favored study destination for international students, not only because of the continent’s comparably reduced study prices but also because of the growing number of internationally respected academic institutions. This is particularly true for Asian business schools, which have seen a steady increase in the number of overseas students enrolling in their programs over the years.