Abstract
In the early 1980s, China began its transition away from a planned economic system to a market-oriented economy. Marx and Mao Zedong thought were still taught, but the transition to Paul Samuelson and Michael Porter had begun. Today, three mainland business schools rank in the top global tier of MBA programs (Financial Times, 2012), and the hottest part of the job market at the American Economic Association is the Chinese universities hiring many of the best and brightest new PhDs. In 2007,14 schools attended to recruit 80 faculty positions (Li, 2010), and this market has grown since.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
American Economic Associational (2012). Journals Indexed in EconLit. http://www.aeaweb.org/econlit/journal_list.php.
Bai, X. and Enderwick, P. (2012). “Economic Transition and Management Skills: The Case of China”. In I. Alon and J. R. McIntyre (eds) Business and Management Education in China. New Jersey: World Scientific, 2nd printing, Chapter 2, pp. 21–46.
Byrne, J. A. (2011). “MBA Hot Spots: India, Brazil, Russia, China”, Poets and Qwanfa. http://poetsandquants.com/2011/03/10/the-new-mba-hot-spots-india-brazil-russia-and-china/.
China Educational Center (2011). “MBA in China”. http://www.chinaeducenter.com/en/mba.php.
Financial Times (2012). “Global MBA Rankings”. http://rankings.ft.com/ businessschoolrankings/global-mba-rankings-2012.
Kong, V. Z. and Zhang, J. X. (2010). “The Effect of Managerial Education and Firm-Ownership Structure: Empirical Evidence from Chinese Listed Firms”, The Chinese Economy, 43(6): 34–53.
Lavelle, L. and Rouledge, S. (2006). “China’s B-School Boom: Meet the New Managerial Class in the Making”, Special Report, Business Week, January 9. http://www.businessweek.com/magazine/content/06_02/b3966074.htm, accessed on February 6, 2012.
Li, H. Z. (2010). “Higher Education in China—Complement or Competition to US Universities?” In C. T. Clotfelter (ed.) National Bureau of Economic Research (NBER) book, American Universities in Global Competition. Chicago: University of Chicago Press, Chapter 8, pp. 269–304, esp. pp. 296–297.
Li, H. B, Meng, L. S., Shi, X. Z. and Wu, B. Z. (2012). “Does Attending Elite Colleges Pay in China?” Journal of Comparative Economics, 40: 78–88.
Li, M. D., Wong, Y. Y. and Wang, Q. (2012). “Management Education in the Greater China Economy: Challenges and Tasks”. In I. Alon and J. R. McIntyre (eds) Business and Management Education in China. New Jersey: World Scientific, 2nd printing, Chapter 1, pp. 3–20.
MRI China Group (2012). “2012 Greater China Region and Singapore Talent Environment Report”. http://www.mri-tmg.jp/pdf/MRIC%202012%20Report-EC%20%28Single%29%2020120323.pdf.
Naughton, B. (2007). The Chinese Economy: Transitions and Growth. Cambridge, MA: MIT Press.
Wang, G. H. (2010). “China’s Higher Education Reform”, by Guo-hua Wang, China Currents, 9(1). www.chinacurrents.com.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Copyright information
© 2013 Penelope B. Prime
About this chapter
Cite this chapter
Prime, P.B. (2013). Economic and Management Education in China: The Pros and Cons of Emulating the US Model. In: Alon, I., Jones, V., McIntyre, J.R. (eds) Innovation in Business Education in Emerging Markets. Palgrave Macmillan, London. https://doi.org/10.1057/9781137292964_8
Download citation
DOI: https://doi.org/10.1057/9781137292964_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-45102-9
Online ISBN: 978-1-137-29296-4
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)