QS Ranks NUS MBA 4th, Nanyang MBA 12th and SMU MBA 25th in Asia (Singapore MBA News: Dec 12 – 18)

My comments are in italics.

QS Global Business School Report 2012 (QS) – the QS ranking is intended to measure from which MBA programs employers prefer to hire. 

NUS ranked 4th, Nanyang 12th and SMU 25th in QS’ Asia Pacific rankings.

“…the number of Asian and Australian schools featured in the QS Global 200 Business Schools Report has increased from 10 in 2004 to 36 this year – a massive rise in just seven years. This rapid rise in the number of internationally recognized schools is indicative of the improving standards of Asian institutions, as employers increasingly recognize the quality of MBA graduates from certain schools the region.”

Future Looks Surprisingly Rosy for 2012 MBA Graduates (Financial Times)

“According to the data, the number of companies planning to recruit MBA graduates in 2012 is 28 per cent higher than in 2011. For master in management degrees the figure is up 42 per cent. Some 22 per cent of companies are expected to hire more MBAs than they did this year and prospects for masters students are higher too.”

Yale Lures Insead and NUS to join its network of top schools (Financial Times)

“Unlike the European model for a Masters in Management degree, which is a pre-experience programme for those recently completing an undergraduate degree, the Yale programme [Masters in Management] will be for those who have already completed an MBA degree or equivalent at one of the schools in the network, initially NUS or Insead.”

Financial Times ranks NUS MBA 23rd and Nanyang MBA 27th (Singapore MBA News: Nov 28 – Dec 11)

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.”

Citi Launches Innovation Lab in Singapore (Webwire)

‘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.

Top Business Schools in Asia

“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.”

Singapore MBA Salaries Fifth Highest in Asia (Singapore MBA News: Nov 21 – 27)

My comments are in italics.

Rejected: Foreign MBA Applicants Face Major Hurdles (Fortune) – MBA applicants from Asia have a better chance applying to quality MBA programs in Asia as the majority of students are expected to be from Asia.

“Admission officials say there are many reasons for the discrepancy between the size of the international applicant pool and their portion of enrollment at their schools, from a need to craft more balanced and diverse classes to language difficulties that make some international students less attractive to the job market. No less important, they say, is an inability to meet the expectations of students from China and India to stay in the U.S. and gain visas to work here after graduation.”

Singapore MBA Salaries Fifth Highest in Asia (Asia One)

“The TopMBA.com Jobs and Salary Trends Report said the average salary of MBAs in Singapore was US$82,700 (S$106,691).”

The Benefits of Studying for an MBA in Singapore Over India (Business Because)

“Nanyang alumni also reiterated the idea that when you are studying in Singapore you are studying for an international MBA not a local MBA. The Nanyang MBA has 60 cohorts from 20 different countries and is very diverse.”

Interview with NUS MBA’s Admissions and Marketing Officer Alan Chua (Singapore MBA News: Oct 18 – Oct 30)

My comments are in italics.

The Economist ranks MBA Programme at NTU’s Nanyang Business School top in Singapore for the 8th year running (Nanyang MBA Website)

“Nanyang Business School admits about 80 students to its full-time MBA programme every year, and another 40 who take the course on a part-time basis. About 20% of the full-time cohort comes from Europe, 5 to 10% from North America, and the rest, from Singapore and different parts of Asia.”

NUS Business School among world’s best: Princeton Review (Channel News Asia)

“The National University of Singapore (NUS) Business School is one of the world’s best outside the United States, according to The Princeton Review.

The school said in a statement on Saturday that the education services company put its MBA programme among the top 10 from non-US business schools in the new 2012 edition of the book, “The Best 294 Business Schools: 2012 Edition”.

NUS Business School was the only Singapore-based institution to be included in The Princeton Review’s list of Best Business Schools (International).”

Interview of Alan Chua, from NUS MBA’s Admissions and Marketing Department (MBA Crystal Ball)

“MBA Crystal Ball: How easy or difficult is it for NUS students (specifically international students) to get a job in Singapore in the current economy?

Alan: Typically, 60% of our students end up working in Singapore after graduation, with the rest managing to secure jobs in Asia and the rest of the world. For the batch that graduated in 2010, 93% managed to secure jobs within 3 months after graduation.”

Sitting Pretty (Financial Times) – UCLA-NUS EMBA program ranked fifth worldwide by Financial Times

“The UCLA-NUS Global EMBA is based in four locations over a 15-month period. While the programme is taught mainly at the home campuses of the two institutions, students also spend time in Shanghai and Bangalore. The the programme scores well on the Financial Times’ international course experience rank. Based on the percentage of classroom teaching hours outside the country in which a programme is primarily located, UCLA-NUS is ranked fifth overall.”

Jobless in America? Find Work in Asia (FINS Asia Pacific)

“Recruitment firms say the number of resumes they’ve received from Westerners looking for jobs in Asia has surged by between 15% and 35% since the financial crisis hit in 2008.”

NUS MBAs organize CEREBRATION 2011, one of the largest MBA competitions in the world (NUS MBA Website)

SMU, SUTD to cooperate in course, student development (Straits Times) – hopefully SMU MBAs will eventually be able to take more design and technology focused management courses.

Economist Ranks Nanyang MBA 69th and NUS MBA 86th (Singapore MBA News: Oct 11 – 17)

My comments are in italics.

MBA Degree Seekers Can Receive Help Managing Their Online Profile (US News) applicants should start “cleaning” their virtual profiles months before applying.

“MBA degree seekers should pay attention to their online history. highlighted the results of a recent Kaplan Test Prep survey of admissions officers from 265 of the nation’s top MBA programs. According to these findings, 27% of school officials reported that they have looked applicants up on Google, while 22% have logged on to Facebook and other social media websites to search for prospective students. In addition, 14% of admissions officers said that their web-based research turned up information that harmed their business school prospects.”

Internships are the Best Route to a Good Job for MBAs (Financial Times) – one crucial question to ask MBA programs is their internship placement process and results.

“According to data from the 2011 GMAC Corporate Recruiters Survey, internships are one of the best ways for job candidates to prove themselves in their targeted industry. Indeed, the employment of interns as full-time hires was notable in both the consulting and high tech sectors, with a 70 per cent rate of hire for interns.”

The Economist’s MBA Rankings for 2011: Top 30 // Full Rankings (Economist) – no Asian MBA program breaks the Top 30, Nanyang MBA ranked 69 and NUS MBA ranked 86.

“The four categories covered are: opening new career opportunities (35%); personal development/educational experience (35%); increasing salary (20%); and the potential to network (10%). The figures we collate are a mixture of hard data, such as salary and faculty qualifications, and the subjective marks given by the school’s students, such as a rating of their school’s facilities.”

Asian Business Schools’ Popularity Skyrockets and NUS Opens its MBA Application (Singapore MBA News: Oct 3 – Oct 10)

My comments are in italics.

NUS opened its MBA application for the 2012 academic year.  With rolling admissions it’s beneficial to apply early unless you need more time to solidify your work experience, get stronger recommendations or improve your GMAT score.

Full-time MBA: 1 October 2011 – 31 March 2012

Round I:   01 October 2011 – 31 January 2012
Round II:  01 February 2012 – 31 March 2012

Scholarship qualifying period (only applicable to the full time NUS MBA): 01 October 2011 – 31 January 2012

Part-time MBA:1 October 2011 – 15 May 2012

Applicants are reviewed on a rolling basis; hence, applicants are encouraged to submit application requirements early.

Business Degrees Skyrocket in Popularity in Asiathere are still way more Asian applicants to MBA programs in the West than there are Western applicants to MBA programs in Asia.  If you’re not from Asia, it’s a great time to apply to Asian MBA programs.

“In 2010, business schools in Asia received almost 43,000 GMAT score reports from prospective students, more than double the amount in 2006, according to the Graduate Management Admission Council, which administers the test.”

Singapore to Host World Entrepreneurship Forum Nov 2-5

The forum in Singapore is expected to draw 130 entrepreneurship experts and thought leaders from 60 countries.

They will discuss ideas and generate action plans based on the theme, “Entrepreneurship – A Driver for Innovation and Technology”.

Forbes Ranks NUS MBA Top in Asia (Singapore MBA News: Sep 18-25)

Each week I will share with you interesting news and analysis involving top MBA programs in Singapore.  Demand and rankings for Asian MBA programs are rising, given their proximity to growing Asian markets, and their relatively great value for money. NUS has also launched the NUS PhD-MBA program to encourage technopreneurship – MBA and PhD tuition is free if you qualify.

Forbes Ranks NUS MBA Top in Asia (PRWeb)

“The National University of Singapore (NUS) Business School’s Master of Business Administration (MBA) programme has topped Forbes’ list of MBA rankings for the first time.”

“Among top business schools outside the United States, NUS Business School’s ranked fourth after London Business School in top spot, Manchester Business School and Spain’s IESE Business School. China Europe International Business School (CEIBS) was placed fifth.”

“The Forbes rankings are based on the Return on Investment (ROI) achieved by the MBA class of 2006 through a survey of individual graduates.”

The MBA’s New Dawn (Forbes)

“The balance of world economic power is shifting east, and the potential impact on business education is huge. Though the Graduate Management Admissions Council  reports that candidates from Asia Pacific make up 57% of the applicant pool to U.S. two-year M.B.A. programs, the heavy flow of applicants to schools in Europe and North America may drop off as the East’s brightest and best opt for study closer to home, and case studies about Asian companies become more relevant than those about their Western peers.

Which raises the question whether the balance of world intellectual power may also be shifting. And whether the future business school of choice may not be in Massachusetts, Pennsylvania or Barcelona but in Shanghai, Hyderabd or Singapore.”

“Since 2006 the school [National University of Singapore] has seen a three-fold increase in the number of North American applicants for the M.B.A. programs and more than a four-fold increase in European applicants.”

“With growing concern that the tuition fees at many 2-year programs in the U.S. are reaching unsustainable levels, a select number of schools in Asia make a strong case for an affordable top-tier M.B.A. with an excellent return on investment. Graduates at HKUST this year reported a three-year increase of 142% over their pre-M.B.A. salary, while 98% of recent ISB graduates had found a job within three months of graduating. With tuition and living expenses in these one-year programs at less than half the U.S. equivalent, these schools are opening other career doors, rather than closing them.”

NUS Launches the NUS-PhD MBA (NUS web site)

“The NUS PhD-MBA aims to attract and train talented science and engineering students who have the potential to create and lead technology companies. The programme is jointly hosted by the NUS Graduate School for Integrative Sciences and Engineering (NGS) and the NUS Business School. The programme has three pillars. Students develop their research skills by doing a PhD in a scientific and/or technology discipline. Concurrently students develop business acumen by working on an MBA degree. Internships in technology comnpanies provide practical technology business training, and form the third pillar.

Terms:
– Concurrent PhD and MBA, taking much less time than completing both separately
– Choice of any subject for the PhD, from the life and physical sciences to engineering and IT
– Monthly (12 months per year) tax-free stipend of S$2,600 to S$3,200 (depending on whether or not scholar chooses to work in Singapore upon graduation)
– PhD tuition waiver, full MBA tuition fee waiver”