What is the best MBA in Hong Kong
MBA studies at HKUST in the Far East
Wolfgang Ettlich studied international management at the Deggendorf University of Applied Sciences, gained two years of professional experience at KPMG and today reports on his MBA at the Hong Kong University of Science and Technology
Image by Houzi sun via Wikimedia
Why did you choose to study an MBA?
On the one hand, I was very interested in Asia, on the other hand, I wanted to develop myself professionally, especially in the areas of corporate finance, transaction or management consulting. The considerations go much further, of course: How can the MBA course be designed cost-effectively? How do you get the added value that such a degree should bring with it?
What are you currently doing?
At the moment I am looking for a job. At the beginning of this year I got my MBA degree. At the moment, however, the search is extremely difficult. It's the same picture not only with fellow students, but also with friends. Many are doing internships, some have returned to their roots in their old jobs. You then ask yourself whether it could be because of the school, whether the choice of Hong Kong was perhaps too exotic after all? Is it the reputation of the business school or the level of awareness? In comparison: I completed my semester abroad at the University of Chicago Booth School of Business, which has around 500 full-time MBA students, while Hong Kong has 70 to 90 full-time students. Accordingly, there are significantly more alumni in Chicago who are spread across the country. As a result, Chicago attracts significantly more companies that present themselves on campus - Hong Kong cannot keep up. Nevertheless, the job situation is not significantly better here either. The economic crisis has had a particularly strong impact on the number of employees, investment banks, which are popular with MBA students, as well as consulting firms.
Do you speak chinese?
I have basic knowledge. In the preparatory program for the MBA course, you could take basic courses: three weeks before it started, you could learn the basics for four hours a day. For me it was a good opportunity to get to know fellow students. You don't have time for that during your studies. You are only in Hong Kong for one year, then you go straight to the semester abroad. After my studies, I took the opportunity to improve my Chinese skills with private tutors. Depending on the learning success, Chinese language skills open additional doors on the local job market. For the job search, however, the basics are irrelevant: You should already master the so-called "Conversational Chinese", which can be obtained from about 6 months of full-time study in order to develop a real advantage in the job search.
Wolfgang Ettlich, HKUST graduate
Wolfgang studied International Management (B.A.) at the Deggendorf University of Applied Sciences, spent two years at KPMG and decided to do a full-time MBA in Hong Kong.
What nationalities was the year composed of?
About a third of the year was made up of Chinese. Another third consisted of Chinese who grew up in Western countries and other Asians from India, Korea, Japan, Thailand and the Philippines, while the last third consisted of "Westerners". In addition, there are exchange students, who are present in large numbers. There are around 30 to 50 students per semester, mainly from top American schools. The Hong Kong University of Science and Technology has an incredible number of partner universities, including the Leipzig Graduate School of Management and the WHU - Otto Beisheim School of Management, which also often are represented by exchange students.
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