Professor Jack Cheng Pro-Vice-Chancellor / Vice-President March 18, 2011

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1 Professor Jack Cheng Pro-Vice-Chancellor / Vice-President March 18, 2011

2 Founded in 1963 Currently >12,000 undergraduates 15,000 by 2012 >12,000 postgraduates School of Continuing & Professional Studies >38,000 Over 126,000 alumni 2

3 8 Faculties Arts, Business Administration, Education, Engineering, Law, Medicine, Science, Social Science 58 Academic Departments 61 Graduate Divisions >380 UG & PG programs 27 Research Institutes 4 State Key Laboratories >100 Research Centers >30 International / Mainland Joint Labs / Centers 3

4 The first business school in Hong Kong Student: Undergraduate 2,300; Postgraduate 1,600 Alumni: Undergraduate 12,000; Postgraduate 8,300 Achievements: Top 10 EMBA Programs worldwide - Financial Times (2010) No. 1 Independent EMBA Asia-Pacific - Financial Times (2010) No. 1 EMBA in Asia-Pacific Business Week (2009) No. 28 Top 100 Global Full-time MBA - Financial Times (2010) No. 2 worldwide in International Business Research (2010) 4

5 Global Learning Opportunities in Business Education Partners First intake & cohort Objectives The Chinese University of Hong Kong (China) Copenhagen Business School (Denmark) University of North Carolina at Chapel Hill (U.S.) Year: 2005 Size: 45 students (15x3) Study in 3 continents together for 3 semesters Regional business courses Study trips in various cities Working in teams projects, major competitions True international exposure Development of global mindset Unique curriculum International cohort 5

6 Program design Curriculum Structured exchange Experiential learning Internationally-oriented curriculum High international standard Partnerships with prestigious business schools Emphasis on global business aspects Necessary analytical skills 6

7 CBS CUHK UNC Program design Strategic Management: European Approaches China Business Private Equity Corporate Response to European Integration Marketing in China Global Venturing Curriculum Structured exchange Experiential learning Up-to-date business knowledge & latest practices Case studies, international management issues & business climates around the world Interconnectedness & interdependence of business environments Similarities & differences in business operations in 3 continents 7

8 Program design Curriculum Structured exchange Experiential learning Beyond normal exchange process Full integration into local life in other continents Studying together as an international cohort International network building 8

9 Program design Curriculum Structured exchange Experiential learning Study trips in 3 continents City visits Asia: Beijing, Osaka, Shanghai, Tokyo Europe: Berlin, Brussels, Frankfurt, Stuttgart North America: New York, Research Triangle Park, Washington D.C. Visit selected organizations Berlin & Brussels: EU Commission, Deutsche Bahn Shanghai & Tokyo: Canon, Japan Bank for International Cooperation, Panasonic, Shanghai Volkswagen, Toyota Motor New York: NBA, NASDAQ, Standard & Poor s Global Business Competitions CIMA Global Business Challenge. 9

10 Funding Model Students to pay: Regular tuition to home university, including the exchange periods All guaranteed hostel accommodation with hostel fees paid to hosting universities Transportation, living and related expenses Study trip fees Scholarships from home universities? 10

11 Joint School Coordinating Committee Program Directors & Program Managers Annual meetings Regular conference calls CUHK Sub-Committee on Global Business Programs Committee on Integrated BBA Program Committee on Teaching & Learning Quality Faculty Board Advisory Board for UG Studies in Business University Level CAL, Senate 11

12 Joint School Coordinating Committee Program Directors & Program Managers Annual meetings Regular conference calls CUHK Sub-Committee on Global Business Programs Committee on Integrated BBA Program Committee on Teaching & Learning Quality Faculty Board Advisory Board for UG Studies in Business University Level CAL, Senate To discuss at Quality Assurance Mechanism Collection of feedback through: (1) Informal meetings (2) CUHK: Course & Teaching Evaluation (CTE) Student Experience Questionnaire (SEQ) Graduate Capabilities Questionnaire (GCQ) (3) GLOBE: Standard evaluation survey Focus groups 12

13 Recruitment exercise Attracting top students in Hong Kong Early Admissions Scheme: median at 9A (max: 10A) JUPAS: median score of / 5 point scale Close interactions between program staff & applicants Current senior-year students as admission mentors Supportive service Program Director & Associate Director Close ties with students, individual counseling Program Manager Daily operations, trouble shooting Mentors GLOBE graduates assigned to freshmen Experience sharing 13

14 14

15 15

16 Major difference CBS CUHK UNC Education system years ( yrs) Recruitment cycle After 1 year of study Before admission to University After 1.5 years of study Curriculum Assessment methods CUHK & UNC: Accreditation by AACSB Different foundation courses Synopsis-based oral examinations at CBS Cultural difference More theoretical More examoriented Good presentation skills Job searching schedule Postgraduate studies Spring term of final year Fall term of final year 16

17 Problems and Concerns Students want more Hong Kong/China elements Timetable leave no room for summer internship No time for elective courses of personal interest at CUHK Cultural differences & adaptations Expansion of student numbers? Joint degree? Changes Revised program structure & timetable China Business to replace Asian Business Extend - Summer (7 wks) to 1 term (5 months) in CUHK CBS CUHK UNC Original Spring term Summer term Fall term Current Fall term Spring term Fall term 17

18 CBS Carlsberg, Estee Lauder, JP Morgan, Maersk, Danish banks, consulting firms UNC Bank of America, General Electric, Merrill Lynch, Morgan Stanley 18

19 Further studies HK: CUHK (History), HKU (Social work, politics) Overseas: UK : Cambridge U, Law; Oxford U, Law US : Wharton School U Pennsylvania, MBA 19

20 International Business & Chinese Enterprise Undergraduate programs Partners: The Chinese U of Hong Kong (Asia) Darla Moore School of Business, U of South Carolina (North America) First intake: 2010 Cohort size: 40 (20x2) 3+1 structure Bachelor & Master deg in 4 years 2 years in Hong Kong + 2 years in U.S. Asian Business Studies Partners: The Chinese U of Hong Kong Fudan U (Shanghai, China) Waseda U (Tokyo, Japan) First intake: Cohort size: (10-15 x3) Spending 3 semesters together Important financial & economic centers in Asia Regional business courses & language courses 20

21 Postgraduate programs OneMBA (Global Executive MBA) Partners: The Chinese U of Hong Kong (Asia) Kenan-Flagler Business School, U North Carolina at Chapel Hill (North America) Rotterdam School of Management, Erasmus U (Europe) Tecnologico de Monterrey Graduate School of Business Administration & Leadership (Latin America) Fundacao Getulio Vargas, Escola de Administracao de Empresas de Sao Paulo (Latin America) Features: Balanced global business perspective Broad view of business on four continents Global teaming skills 4 x 7-8 days Residency Programs 21

22 Outgoing Program Type Headcount % of Annual Cohort Term-time % Short-term Credit-bearing % Undergraduate Total % Headcount * Academic Year Outgoing Term time Incoming Term time Outgoing Short term Credit bearing Programs Incoming Summer Outgoing Undergraduate Incoming Undergraduate * figures include projected numbers for the summer. 22

23 220 institutions over 29 countries 23

24 24

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