Watch CBS News

Why Getting Your MBA in China Could Pay Off

A recent article on CNN.com discussed the benefits of U.S. workers finding employment in China. It seems that those who get their MBA degrees in China would be particularly well placed for reaping the rewards of China's economic boom.

Writer Mark Tutton quotes Patrick Moreton, managing director of Washington University's Olin Business School's executive MBA program at Fudan University in Shanghai: "We know China is likely to be one of the most significant centers of economic growth in the next 50 years. For that reason, knowing how to do business here, being connected to the business community and knowing how to solve its problems are very good skills to have."

However, Tutton points out that China has its own skilled labor force, and Western workers can only expect to get jobs in Western companies with a presence in China. Even then, there's no guarantee of finding work. Moreton says, "If you were thinking about a career move to China you really need to think about what you can do that a local manager wouldn't be able to do."
This is where an MBA's advanced business training might prove beneficial to landing a job in China; having an opportunity to network with program alums working in China couldn't hurt, either.

For those considering pursuing a degree in China, a number of U.S. MBA programs have established a presence there. Taking the opportunity to learn about Chinese culture and language during one's MBA training could ultimately be the key to forging successful relationships with local businesses, according to Cherie Scricca, director of the University of Southern California's Marshall School of Business global executive MBA program in Shanghai.

"Relationships are critical in business normally, but I think in China the building of relationships is not just nice, but necessary. Having those personal relationships yourself is critical to success," said Scricca.

Image courtesy of Flick user watchsmart, CC 2.0.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.