This article is sponsored the Fudan University School of Management. Learn more about its IMBA program
Often called the “Paris of the East,” the bustling metropolis of Shanghai is not only China’s most populated city, but the world’s. Over a century old, Shanghai’s Fudan University is home to more than 34,000 students. The university’s name, Chinese for ‘a new morning’, is taken from a quote found in Confucius’s Shang Shu: “Brilliant is the sunlight and the moonlight, again the morning glory after a night.”
Lynn Miao, senior admissions officer at the Fudan-MIT IMBA program explains why earning an MBA in Shanghai can prepare an international student for the future.
1. Be on the frontline of global business
As Miao points out, China is the future. Long the world’s fastest growing economy, its historical gross domestic product has grown by an average of nearly 10% for over 30 years. Shanghai is the country’s economic center and it enjoyed a front row seat as the nation transitioned from an impoverished, agrarian society to a modern leader in manufacturing and exports.
The Chinese economy suffered during the global recession. Individual consumers, businesses and entire countries quite suddenly had less money to spend. This meant China was exporting fewer goods.
China has responded in part by enacting a wide variety of reforms. Since January of 2014, Shanghai has been home to a free-trade zone. As sectors once controlled by the government are liberalized, opportunities abound for those earning an MBA in Shanghai. As Fudan IMBA student NG Xin Yao explains, “Shanghai is in a unique position of being the pioneer and test bed for impending financial reforms….. If successful, there could be unprecedented opportunities.”



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