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Forbes and Fortune Approve of Business Program in China


Forbes and Fortune Give Business Program in China High Marks

Students in Fordham’s BiMBA program were among those who met U.S. Secretary of State Condoleezza Rice (center) during her March 21 visit to Peking University, where the BiMBA program is housed.

Photo by Bruce Gilbert

Seven years after its inception, Fordham University’s Beijing International MBA (BiMBA) Program is considered one of China’s most valuable business degree programs, according to two major business publications.

The April issue of Forbes China ranked the BiMBA program first in three categories—for having the most valuable part-time program, the highest starting salary for full-time students and the highest starting salary for part-time students. Forbes China also ranked the BiMBA program the second most valuable full-time program in China.

The March issue of Fortune China magazine ranked BiMBA as having the highest market value in a survey of 15,000 senior managers in China. The Fortune China survey asked the managers to consider topics such as curriculum, quality and expectations of MBA and executive MBA programs in China.

Fortune China singled out the BiMBA program for its “unique international characteristics and stable quality” and for requiring all applicants to take the Graduate Management Admission Test (GMAT).

“In a business world that has been transformed by globalization, some of the most exciting and dynamic developments are occurring in China,” said Sharon P. Smith, Ph.D., dean of the Fordham Schools of Business. “Helping Chinese students develop unique management systems addresses one of the greatest challenges in business education today, and also facilitates the development of friendly networks among future business leaders in China and the U.S.”

The BiMBA program, founded in 1998, is the first foreign MBA degree program in Beijing to be approved by the Chinese government. Fordham is the degree-granting institution in a consortium of 26 American Jesuit business schools that provide the program’s faculty. More than 400 students are enrolled in the program and more than 1,000 have graduated.

— Alejandro Lazo

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