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Hong Kong University Mba Essays Harvard

Looking for the best full-time MBA programs in Hong Kong? Here’s your ultimate guide! Now you can compare the city’s best MBA programs head-to-head and get the inside scoop from Admissions Directors, MBA alumni and more from Hong Kong’s best MBA programs.

5 Reasons to Get Your MBA in Hong Kong

1. Hong Kong has been ranked the the world’s freest economy for 21 consecutive years by the Heritage Foundation, hosts more than 6,000 multinational companies, 3,800 of which have have regional headquarters in the city. The IMD World Competitiveness Center ranked Hong Kong the world’s most competitive economy in 2016.

2. Hong Kong is one of the world’s major banking and finance hubs, featuring 70 of the global top 100 banks, and is world number 2 in terms of funds raised through IPO.

3. Hong Kong has the world’s busiest cargo airport and a leading port and state-of-the-art business infrastructure. It is one of the world’s most efficient cities, renowned for its logistics.

4. Hong Kong is a gateway to China – the territory handles 20% of China’s foreign trade and is the largest offshore pool of Renminbi liquidity.

5. MBA graduates can stay in Hong Kong for 1 year post-MBA to look for jobs

Working in Hong Kong and Post-MBA Career Opportunities

  • Visa – Graduates can stay in Hong Kong for 1 year after graduation to look for jobs
  • Taxes – Low income taxes 15-17% for the highest income bracket
  • School reputations
    • Hong Kong University (HKU) – founded nearly 100 years ago, HKU is Hong Kong’s oldest and most prestigious university. QS ranked the university #30 worldwide; it is consistently ranked top 3 in the Asia region
    • The Chinese University of Hong Kong (CUHK) – was founded 1963 to bring together China and West and is known for its research; 4 Nobel Laureates are associated with the university. It has the largest campus of any university on Hong Kong and was ranked #51 worldwide by QS. CUHK Business School is Hong Kong’s oldest business school (50 years old) and was the first to offer MBA programs in Asia and get accredited
    • Hong Kong University of Science and Technology (HKUST) – founded in 1991, is well known for its science, engineering and business and management research faculties. HKUST was ranked #28 worldwide by QS. It has been the highest ranked Asian MBA program by the Financial Times for the past 5 years
  • Geography – 40-50% of graduates at HKU, CUHK and HKUST stay in Hong Kong to work; other popular post-MBA destinations are China (roughly 25%) and the rest of Asia Pacific (10-15%)
  • Industrythe majority of Hong Kong b-school MBA grads enter Banking & Finance (40%). Consulting (15%) and IT/tech (10%) were other leading sectors of 2014 graduates.
  • Return on Investment – HKUST ranked #13 for value for money by Financial Times in 2016; HKU and CUHK were ranked 34 and 54. All 3 have strong exchange relationships; as Hong Kong programs are generally less expensive than US and European programs, so you get a discount on your semester abroad

MBA Application Tips for Top Hong Kong Business Schools

  • Hong Kong MBA programs are looking for diversity – applicants from Asia, Europe, the Americas, Africa & Middle East are highly sought
  • As all programs have a China focus, demonstrating interest in region is key; experience with Hong Kong/China and Mandarin or Cantonese-skills a plus
  • Demonstrating well-researched and achievable post-MBA career plans is important as Hong Kong is one of the world’s most open labor markets.

Top Full-time MBA Programs in Hong Kong

HKUST, HKU and CUHK are the top-ranked MBA programs in Hong Kong, consistently placing in the top 30 in the Financial Times Global MBA ranking.

Hong Kong University (HKU) MBA

  • After finishing 9 months of core courses at HKU, students can study at Columbia Business School, London Business School, or Fudan University for one semester
  • Centrally located and closer to Central Business District than HKUST or CUHK
  • 14-month program with 60 students/year
  • HKU has its own Asia Case Research Centre; case studies are focused on business in China and Asia
  • #1 ranked Asian MBA program by Economist for past 5 years

Hong Kong University of Science & Technology (HKUST) MBA

  • #1 ranked Asian MBA program in the world by Financial Times for 6 times in last 7 years
  • 12 or 16-month options, and participants are guaranteed exchange spots with nearly 60 MBA programs around the world
  • Bigger (100-120 students) and more diverse class (90% international students, nearly 30 nationalities) than HKU and CUHK
  • Financial Times rated HKUST’s faculty #1 for research in Asia

The Chinese University of Hong Kong (CUHK) MBA

  • Longest established Asia MBA Program and Hong Kong’s oldest business school – launched in 1966 with almost 6,600 alumni
  • 12 or 16-month options with 70-80 students per year, with exchange relationships with 50+ b-schools
  • Elite Mentorship Program pairs full-time students with successful, senior alumni who match their career interests and aspirations
  • Boasts 93% placement rate within 3 months for Class of 2015
  • The first MBA program in Hong Kong and the region offering an entrepreneurship concentration

Application Tips From Hong Kong B-School Admissions Directors 

(click to get in-depth interviews with each school’s MBA Admissions Director)


What’s it Really Like at Top Hong Kong MBA Programs?

(click to get in-depth interviews with each school’s MBA Ambassador)

Join our Ambassador’s Forum to get the inside scoop from Hong Kong MBA students and recent alumni.

Next Steps

Get an Early Indication of Fit from HKUST MBA, HKU MBA and/or CUHK MBA

Get Free School Selection Help

Head to Head – HKUST MBA vs. HKU MBA vs. CUHK MBA

last updated June 1, 2016

 HKUHKUSTCUHK
Degrees OfferedMBAMBA
Dual Masters of Advanced Management with Yale, Global Real Estate Masters with University of Wisconsin
MBA
Dual MBA degrees with Texas McCombs, HEC Paris, RSM Erasmus
JD/MBA
Class Size60100-12070-80
GMAT (avg)665673630
Age (avg)28.52828
Work Exp (avg)555
No. Nationalities1525-3020
Start DateJuneAugustAugust
Length14 months12 or 16 months12 or 16 months
RANKINGS
Financial Times 2016 (2015, 2014)44 (28, 29) 14 (14, 14)26 (30, NR)
Economist 2015 (2014)26 (27)78 (62)100 (97)
Bloomberg Businessweek 2015 (2014)Not Ranked25 (18)Not Ranked
Notable Rankings#1 ranked Asian MBA by Economist for 6 years#1 ranked Asian MBA by Financial Times for 6 of past 7 years#1 Career Progress and Salary Percentage Increase for Hong Kong programs (FT)
ADMISSIONS
RequirementsBachelor’s degree

GMAT

Min 2 years workexp

Minimum TOEFL score of 550 (paper-based)/80 (Internet-based) or IELTS band 6.5, with no subtest score lower than 5.5
Bachelor’s Degree

GMAT

Min 2 years workexp

TOEFL/IELTS
Bachelor’s Degree

GMAT

Min 3 years workexp (applicants possessing outstanding academic performance and career progression but with less work experience could be considered)

English Language Proficiency (TOEFL, IELTS, GMAT, degree taught in English)
DeadlinesNov 26, 2015Nov 11, 2015
Jan 13, 2016
Mar 16, 2016
Nov 15, 2015
Jan 15, 2016
Mar 31, 2016
Application Fee300 HKD1,560 HKD
1,200 HKD
Tuition513,000 HKD545,000 HKD510,300 HKD
Est Living Costs
(taken from school websites)
154,000 HKD (for 14 months)205,000 HKD (for 12 months)194,400 HKD (for 12 months)
Application MaterialsOnline application

Resume

1 essay

2 recommendations

Academic transcripts

Official GMAT report

TOEFL/IELTS score report (if applicable)
Online application

Resume

2 essays

2 recommendations

Academic transcripts

GMAT score report

TOEFL/ IELTS score report (if applicable)
Online application

Resume

Objective Statement

2 recommendations

Academic transcripts

GMAT score report

TOEFL/IELTS score report (if applicable)
ExchangeLondon Business School, Columbia Business School, Fudan58 schools in 18 countries; 96% of students get into 1st or 2nd choice48 schools in 19 countries
Scholarship20-25% receive scholarships ranging from 20-30% of tuition30-50% receive scholarships ranging from 10-40% of tuition60-70% receive scholarships ranging from 10-60% of tuition
LocationHKU station - 15-20 minutes to city center by public transportationClear Water Bay, Kowloon, beautiful view of bay - 45 minutes away from CBD using public transportationShatin, New Territories - 30 minutes away from CBD using public transportation
PROGRAM
Core Curriculum
11 core + 1 capstone project required

Accounting for Business Decisions

Business Communications (half course)

Business Data Analysis

Business Ethics (half course)

Competitive Strategy

Corporate Finance

Global Economy

Information and Operations Management

Managerial Economics

Organisational Leadership

Strategic Marketing Management
15 core required

Preparing to Lead

Data Analysis

Financial Accounting Foundations

Global Macroeconomics

Managerial Accounting Foundations

Managerial Communication

Managerial Microeconomics

Corporate Finance

Information and Technology Management

Management of Organizations

Marketing Strategy and Policy

Operations Management

Doing Business in China

Responsible Leadership and Ethics

Strategic Management
9 core required

Management: Competencies and Current Perspectives

Corporate Financial Reporting

Statistical Analysis

Financial Management

Marketing Management

Leading Organizations

Macroeconomics for Business Executives

Strategic Management

Leadership Development
ElectivesChoose from 20 electives at HKU and electives at 3 partner schools (LBS, Columbia, Fudan)Choose from 70 electivesChoose 9 from 50 electives
ConcentrationsManaging in China & Asia

Entrepreneurship – Innovation

Financial Management

Marketing & Services Management
General Management in China

Finance

Consulting & Strategic Management

Entrepreneurship & Family Business

Marketing
China Business

Finance

Marketing

Entrepreneurship
CAREERSAvg of Class of 2014-15Class of 2014Class of 2015
Placement w/in 3 months85%88%93%
Average Salary90,011 USD85,806 USD62,707 USD
Salary Increase94.6%60%58%
Top Geographies51% Hong Kong
13% Mainland China
11% Singapore
9% India
9% Europe
36% Hong Kong
24% China
20% Other APAC
11% Europe
5% North America
52% Hong Kong
24% China
11% Other APAC
7% Europe
6% Americas
Top Industries29% Consulting/Business Services
22% Banking, Finance, Accounting, Insurance
15% Supply Chain
15% Manufacturing, Consumer Products
11% Entertainment, F&B, Travel
38% Banking & Finance
14% Consumer Products
13% Consulting
10% IT/Tech
5% Supply Chain
41% Banking & Finance
13% Consulting
12% IT
6% Manufacturing & Distribution
Top Functions30% Finance
26% Consulting
24% Finance
20% Business Development & Strategy
15% Sales & Marketing
9% Operations
32% Finance
19% Consulting
15% General Management
11% Sales & Marketing
9% Business Development
22% Business Dev't / Sales & Marketing
16% Consulting
16% General Management
15% Financial Advisory
9% Accounting/Finance
Company Score
(How many Top 10 Most Desired MBA Employers Recruit from School - McKinsey, Bain, BCG, Google, Facebook, Amazon, Goldman Sachs, Nike, Deloitte, Disney)

(How many Top 50 Most Desired Employers for Business Grads Recruit from School)
(6/10)
(28/50)
(4/10)
(17/50)
(5/10)
(25/50)
Alumni4,000 with 7 regional chapters6,200 across 60 countries (majority in Hong Kong and China)
6,600 across 40 countries with chapters in 18 countries (over 1,000 live in China); CUHK Business School has more than 30,000 alumni

Need More Help with Hong Kong MBA Programs?

Get an Early Indication of Fit from HKUST MBA, HKU MBA and/or CUHK MBA

Get Free School Selection Help

YOU will all be aware that a book has just been published about our institution, Harvard Business School (HBS). Entitled “The Golden Passport”, by Duff McDonald, it makes a number of unflattering claims about the school’s ethics and its purpose. While often unbalanced, it is likely to galvanise hostility to HBS both inside Harvard University, of which we are a part, and among the public. This memorandum, circulated only to the most senior faculty members, assesses HBS’s strategic position.

Our school has been among the country’s most influential institutions since its foundation in 1908. Our forebears helped build America’s economy in the early 20th century and helped win the second world war. HBS educates less than 1% of American MBA students but case studies written by our faculty are used at business schools around the world. Our alumni fill the corridors of elite firms such as McKinsey. Many bosses of big American companies studied here. Even in Silicon Valley, where we are relatively weak, about a tenth of “unicorns”—private startups worth over $1bn—have one of our tribe as a founder.

We have a business model that monetises the Harvard brand through four revenue streams. About $127m, or 17%, of sales come from MBA tuition fees. Our case-study method, in which students learn from real business situations, is popular. But it is only one reason why they are willing to pay headline fees of $71,635 a year. Like parents of pupils at Britain’s elite private schools, they are buying social standing as well as access to an alumni network that will dramatically raise their odds of getting high-paying jobs.

A further 23% of sales comes from our executive-education operation, which sells short courses to mid-career executives. They get a modest amount of mental stimulation and the right to call themselves Harvard alumni. We get $176m a year in return. Our publishing arm sells case studies to other universities and publishes books and a magazine; that brings in 29% of our revenues. The remaining 31% comes chiefly from wealthy businessmen in the form of donations. Some of them may well be under the impression that they gain influence over what we teach.

We have had a fantastic run of it, with sales growing at a compound annual rate of 8% in the past decade, above the university’s rate of 5% and outperforming the median firm in the S&P 500 index. Our balance-sheet is strong, with $3.2bn of endowment funds (run by the university’s management company) and $1.6bn of other assets, including our campus. You have all benefited handsomely; we pay out a higher share of our income in compensation than Goldman Sachs does. It may look like poor cost control, with expenses rising at a 7% annual rate, but it also means we live up to our legal status as a non-profit organisation. After deducting capital expenditure, the school makes a modest loss.

However, we face three strategic problems. First, conflicts of interest—let’s be honest here—that have become glaring. We grant companies a veto over case studies written about them. We permit our faculty to be paid, for example, through consulting gigs, by firms they teach about. We do case studies on some of our big donors. It is likely that this compromises our objectivity.

Second, we face ever more competition to our claim to intellectual leadership. Important business thinkers such as Michael Porter and Clayton Christensen are still on staff, but a new generation of superstars has not yet caught fire. The authors of the most influential recent business book, “The Second Machine Age”, work across the Charles river at the Massachusetts Institute of Technology. As the tech industry expands, its chief alma mater, Stanford University, is growing ever more powerful.

Last, we may perpetuate inequality, a relevant subject at the moment. We have worked to make our intake of students more diverse. But even after the financial aid that we give to some, we have ramped up our effective MBA fees by 31% over the past five years. Relative to the median salary our graduates earn in their first year at work, our fees are twice as costly as they were in 1986. It doesn’t take much to see our network as a form of cronyism.

Left unaddressed these weaknesses could compromise our business model. If HBS is more about cash and contacts than ideas, bright people may eventually go elsewhere. Other schools may stop buying our case studies if they doubt their objectivity. We are part of Harvard University, but our already uneasy relationship with it could deteriorate. We benefit from an implicit subsidy because we can use the Harvard brand while operating at arm’s length. In return they benefit from our alumni, who often donate to the university as well as to HBS. But the university has, at least notionally, the power to overhaul our management.

The Boston Business School Inc

Our school, led by Nitin Nohria, dean since 2010, has made important reforms. We have tightened disclosure rules on conflicts of interest. Students must spend time in emerging markets. We have tried to signal that our interests go beyond shareholder value by publishing essays criticising it. Yet deeper changes are needed if we are to maintain our competitive position. One course is to reduce the influence of big money and fully eliminate conflicts. Our dependence on big donors’ generosity would have to fall and, by implication, we would have to be less extravagant.

If you have a good thing going, though, why stop? An alternative is to follow the advice of Alfred Chandler, a theorist at HBS between 1970-89, who taught that structure must reflect strategy. HBS would cut loose from Harvard and acknowledge its tacit commercial status. If we trimmed costs to their level five years ago and were valued on the S&P 500’s price-earnings multiple, HBS would be worth $5bn. The university would get a huge special dividend with which to pay for more scholarships for underprivileged applicants. We would be subject to the forces of accountability and transparency that we have always argued maximise performance. We look forward to your feedback.

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