My comments are in italics.
As Western economies flounder, international b-schools promote themselves on the back of Asia (Pagalguy) – Singapore has experienced the highest growth in Asia in terms of GMAT scores received. Why? My guess is for the following reasons: 1) in Singapore you can get a quality MBA education at value prices 2) Singapore is one of the most cosmopolitan cities in Asia with many MNC’s setting up their regional offices here 3) Many Asian MBA applicants, especially from India, are now targeting Singapore as a MBA destination due to its proximity, safety, relative affordability, and job opportunities, relative to the US and UK.
“According to the data released by the Graduate Management Admission Council (GMAC) using the registration data of the Graduate Management Admission Test (GMAT), business schools in Asia received nearly 43,000 GMAT score reports from examinees around the world in 2010. This marked an increase of 116% since 2006 with programmes in India (+142%), Singapore (+164%) and China (+89%) experiencing the largest percentage gains over the period.”
“A few days ago, GMAC CEO David Wilson while talking to the Wall Street Journal said that there had been a dramatic increase in the number of people choosing schools in Asia over those in the US over the past five years and that it had been the fourth year in which Asia had stood first the contribution of the number of applicants interested in an MBA.”
“The Nanyang Technopreneurship Center of Singapore’s Nanyang Technological University is doing something similar. Foo Say Wei, Deputy Director explained that its new offering called the Master of Science in Technopreneurship and Innovation Programme (MSc TIP) attempts to offer students an overview of three countries — Singapore, China and America and turn them into innovators and entrepreneurs of tomorrow.”
Top Skills MBA Grads Need for Success (Huffington Post) – I agree with many of the author’s conclusions. Attending a MBA program outside your country and in a cosmopolitan city like Singapore will force you to develop your communication skills, resilience, global mindset, and ability to interpret a new social world. You’ll also have many chances to practice your Mandarin (foreign language skills).
Go East, Young Entrepreneur (Forbes) – the headline is a bit misleading, as most entrepreneurs profiled are older and found success in China. Nevertheless, developing economies in Asia do offer many opportunities for entrepreneurs. But you got to be on the ground to see them!
Managerial Skills Have Undergone a Major Change (The Times of India)
“In the last few years, managerial skills have undergone a major change. Today, a good manager is not only one who can ensure the smooth functioning of an organisation, but one who can also perceive challenges and use his/her critical thinking skills to solve long-term problems. Further, with globalisation blurring the geographical location of businesses, a manager today needs to glide across different time zones, continents and countries and feel at home with the world.”
‘Professor Bernard Yeung, Dean of the National University of Singapore (NUS) Business School says, ‘”NUS is proud to partner Citi in this business innovation, providing our academic expertise to developing cutting-edge research in transaction services. Our alliance to date has also resulted in various meaningful engagements, such as Citi’s sponsorship of projects in our MBA curriculum and provision of internship opportunities to our students.
“NUS Business School (Singapore) – Ranked among the leading business schools in Asia with No. 1 rank on Recruiter’s Choice (Asia), No. 23 on FT Rankings, and No. 27 on University Rankings. It has also been ranked among the world’s top 100 business schools by the Economist Intelligence Unit and Financial Times.
Nanyang Business School (Singapore) – NBS is ranked top in Singapore and ASEAN and top 25 in the world by the Financial Times (January 2009). The School is also consistently ranked among Asia’s top five business schools by the Economist Intelligence Unit.”