Asian Universities: The New MBA Schools of the World
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Asian Universities: The New MBA Schools of the World

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Updated on Nov 11, 2021 13:11 IST

MBA is continuously becoming more competitive. With the number of MBA jobs on a steady rise, there is no wonder students are constantly finding better institutions for their MBA’s to gain that edge over others. Some look out for better jobs and others look for both jobs and a chance to settle abroad. For these reasons, MBA continues to be among the top course choice of students aspiring to study abroad. While the traditional destinations of USA, UK and Canada continue to attract students, there are some new B Schools in Asian Countries that are gaining steady popularity among study abroad aspirants.

The past decade has seen a steady rise of Asian countries’ MBA programs. These institutes, have not only found a place in the Top 50 under 50 Universities of the world but also feature among the top 50 MBA programs in the world. In fact, China has even left behind the more famous Asian country – Singapore as well when it comes to the top MBA Programs. There are no surprises why China is a most desirable MBA destination. Singapore continues to maintain its steady ranks but coming in close is South Korea.

Here’s a list of MBA Colleges in Asia that have made it to the Top MBA Colleges of the World.

Name of School

Country

World Ranking*

Ceibs

China

11

HKUST Business School

Hong Kong

14

University of Hong Kong

Hong Kong

28

CUHK Business School

Hong Kong

30

National University of Singapore Business School

Singapore

31

Nanyang Business School

Singapore

40

Shanghai Jiao Tong University: Antai

China

55

Fudan University School of Management

China

55

Sungkyunkwan University GSB

South Korea

59

*Based on Financial Times Top MBA Ranking 2015

Apart from ranking high, these universities/ institutions offer a unique advantage to Asian Students. Economical as well, the added advantage of an MBA in a fast developing economy adds many advantages to an MBA Program. Asian countries being the biggest market of the world continues to attract big names which are constantly on the lookout of MBAs. Also, the relatively cheaper exchange rates reduce the costs considerably. So if you are planning to pursue MBA from abroad then do look at these Asian giants as well. They are closer, more affordable and offer the same subset of opportunities that the Universities in USA or UK do.

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Q:   Is Singapore Management University hard to get into?

A:

According to various sources, Singapore Management University has an acceptance rate of around 45% which makes it moderately selective for international student admissions. Some of the general admission requirements at the university are given as follows:

  • Academic Transcripts 
  • International Qualifications that are equivalent 
  • Standardized Test Scores 
  • Proof of English Language Proficiency 

After the student receives an offer letter, they are required to give the admission interview to be enrolled. 

Q:   What is it like to study at Yonsei University in South Korea?

A:

According to Yonsei University student review, the university prepares them holistically for industry requirements and gives them opportunities to have a successful career. The students become more confident and competitive after studying at Yonsei University in South Korea. According to surveys carried out by certain independent newspapers, 90% of the graduates are either working or attending schools for higher education.

South Korea is the most popular place for international students, including those from India, to settle down following their studies. The nation provides excellent job opportunities, a work-life balance, and a high standard of living.

Q:   How can I apply for NUS Singapore from India?

A:

Applications to all the courses offered by NUS are done via online application portals of the university. Check out the steps below to see how to fill undergraduate and postgraduate applications on dedicated portals:

Undergraduate Applicants:

International applicants need to follow these steps to apply to an undergraduate programme at NUS:

Step 1: Visit myaces.nus.edu.sg/uasonline2/catD/catDapplform.do and sign up to apply.

Step 2: Enter personal details and contact information.

Step 3: Enter details of academic qualifications.

Step 4: Enter information on university/tertiary education.

Step 5: Enter the information on all outstanding achievements.

Step 6: Insert the programme details and paste the application material in the boxes provided.

Step 7: In this step, input the following:

  • Next-of-kin information
  • Personal identification number
  • Application fee
  • Financial aid
  • Other information
  • Tuition grant

Step 8: Read the declaration carefully.

Step 9: Press the ‘Continue’ button to complete the application.

Graduate Applicants

International applicants need to follow these steps to apply to a graduate programme at NUS:

Step 1: Sign up on the university’s application portal at inetapps.nus.edu.sg/gda2/Applicant.aspx/Account/SignUp.

Step 2: Click on ‘Create New Application’ and choose the following:

  • Programme type
  • Faculty
  • Programme
  • Department
  • Specialisation (area of study)
  • Source of finance
  • Specify in case of ‘other source of finance’
  • Academic load

Step 3: Read the instructions from the faculty/department/school carefully.

Step 4: Fill up the information as stepping through the application process.

Step 5: The system will perform an application completeness check for the selected programme.

Step 6: Once the above steps are completed, fill up the declaration section.

Step 7: Click on the 'Submit' button in the declaration page to complete the submission.

Step 8: To make an online payment for the application/acceptance fee and view details of your application (e.g. application status and admission status), click ‘View Application/Make Payment/Submit Reply on Offer of Admission’ at the menu on the left.

Step 9: To make changes to basic programme information for an application, click ‘Edit’.

Step 10: To apply to multiple programmes within the same application cycle and to change the order of preference, please click on the ‘Up’ and ‘Down’ links as required.

 

Q:   Which are the popular courses at Singapore Management University?

A:

Singapore Management University offers a range of undergraduate, graduate, research, and professional degree courses for international students. Some of the popular programs at the university are given as follows:

Others Denote Information Technology, Accounting, International Business etc. 

Q:   Which is better: Korea University or Yonsei University?

A:

If we compare Korea University and Yonsei University, the following points can be given to show which university is better:

CategoryKorea University Yonsei University
Acceptance rate Around 8%18%
QS World Rankings 2024#79#76
Tuition Fees (MBA)INR 26 LINR 28 L

Q:   What are the Chemistry course rankings at Korea University?

A:

Some of the Chemistry course rankings at Korea University are given as follows:

Year QS World Rankings- Chemistry 
201951-100
202051-100
202164
202264
202377

Q:   Can international students get jobs in Korea after graduation?

A:

Yes, post-graduation international students can seek and get a job in Korea. However, to seek a job in South Korea, international students change their visa status from D-2 to D-10. The D-10 study visa in South Korea is for job seekers. However, to change their visa status from D-2 to D-10 international students need to have the followings:

  • Application, photo, copy of passport, fee, copy of identification card
  • Plan for seeking employment
  • Diploma
  • Proof of career (if applicable)
  • Proof of Korean language proficiency (if applicable)
  • Letter of recommendation for employment (if applicable)
  • Recommendation from the head of the central administrative agency
  • Proof of being a high-earning professional (if applicable)

Q:   Is South Korea good for MBA?

A:

South Korean universities are among the best and top universities in the world. South Korean universities highly-ranked MBA programs across a wide range of specializations. South Korean universities are regularly ranked among the top universities worldwide. Top Korean universities for business and management:

University

THE World University Rankings 2024 – Business and Management

Yonsei University (Seoul campus)

#47

Seoul National University

#88

Sungkyunkwan University

#101-125

Korean Advanced Institute of Science and Technology (KAIST)

#151-175

Kyung Hee University

#151-175

Sejong University

#151-175

Hanyang University

#201-250

Korea University

#201-250

Pusan National University

#201-250

Chung-Ang University

#301-400

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