Tsinghua University ( TSINGHUA ), China’s top education and research institute, launched a joint global MBA program with the Massachusetts Institute of Technology (MIT) on July 16, 2013.

The program will include 21-month long bilingual MBA courses for Chinese and foreign students. It plans to enroll two classes of 120 students every year, including students from at least 12 different foreign countries. The first batch of students will be enrolled in 2014, according to Dean Qian Yingyi of the Tsinghua University School of Economics and Management (SEM).

Chinese students will take courses in English and the international students are required to pass the HSK level 3, a standardized international Chinese proficiency test, when they graduate, Qian added.

Every student has the opportunity to study at MIT and other overseas universities on a short-term basis and visit Wall Street in New York to exchange ideas and experiences with the business people there.

Qian also mentioned, many distinguished entrepreneurs will be invited to give lectures to the global MBA students, including McKinsey Chairman Dominic Barton, Rio Tinto CEO Tom Albanese, President and CEO of Walmart International Doug McMillon and senior officials from BMW and BT.

Against the backdrop of globalization, Tsinghua SEM borrows practices of MIT Sloan’s MBA education and combines Chinese elements with universal business maneuvers in order to transit its MBA education from an international to a global program. “This is a milestone for Tsinghua,” Qian said proudly.

Professor S.P. Kothari, deputy dean of MIT Sloan School of Management, further explained the essence of the program. “It is not just a renaming, but it actually reflects the world change.” “MIT has been collaborating with Tsinghua for 17 years. We have the foresight in predicting that the sun will shine directly on China and we wanted to bask in that sunshine,” he said.

Tsinghua’s Global MBA Program is also expected to help foreign students find jobs in Chinese enterprises overseas, Qian pointed out. “There is a trend that many Chinese enterprises are going global. These students will have the advantage to get offers from these enterprises if they have a good understanding of Chinese culture and know how to run a business with Chinese people.”

 

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