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City's universities show rise in MBA applicants

DESPITE soaring tuition and the economic downturn, city schools are reporting a big increase in the number of MBA applicants this year.

The Shanghai-based China Europe International Business School says there is an increase of 37 percent in its first enrolments, even after it increased its tuition from 186,000 yuan (US$27,207) to 218,000 yuan for Chinese applicants and from US$35,000 to US$45,000 for international students.

Shanghai Jiao Tong University has 100 more MBA applicants for its fall semester, compared with last year. Fudan University also reported an increase in enrollments. Jiao Tong University has increased its tuition by 30,000 yuan and Fudan by 20,000 yuan.

"We are also finding increases in the number of applicants who hold master's degrees or come from major universities and corporations," said Yang Meng, marketing director of enrolment at CEIBS. "The economic crisis is helping enrollments as many people want to study new courses rather than try to find jobs."

CEIBS says it will now make language courses compulsory for foreign students who speak no Chinese.


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