| Cheung Kong Graduate School of Business | |||||||||||
| Dean: | Xiang Bing | ||||||||||
| Faculty: | 67 | ||||||||||
| Country: | China | ||||||||||
| Module: |
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Cheung Kong Graduate School of Business (CKGSB) is a private, non-profit, independent educational institution and the only business school in China with faculty governance.[1]
The school offers MBA, Finance MBA, Executive MBA, Business Scholars Program, and short-term Executive Education programs to both Chinese and international students.[2]
The faculty staff is made up of 45 full-time professors and 10 long-term visiting professors currently, with research focusing from global business issues to China-specific topics. In its 10 years the school has trained about 3000 CEOs from various Chinese companies, with notable alumni including the founder of the Alibaba Group, Jack Ma; Fu Chengyu, Chairman of Sinopec; and Wu Yajun,[3] the fifth richest person and the richest woman in China as of 2012.[4]
Established in November 2002 through the financial support of the Li Ka Shing Foundation,[1] today CKGSB is considered one of the major graduate business schools in China, with a leading role in the growing Chinese private sector.[5] As of 2011 CKGSB alumni collectively managed above $1 trillion in revenues, equal to 13.7% of the Chinese GDP in that year.[6] Headquartered in Beijing, CKGSB has campuses in Shanghai and Shenzhen, as well as offices in Hong Kong, New York City and London.[2]
The "Cheung Kong" from CKGSB's name comes directly from the name of Li Ka Shing's Cheung Kong (Holdings). "Cheung Kong" in Cantonese (and "Chang Jiang" in Mandarin) is the name for China's longest river, the Yangtze River. The logo recalls the seal used by ancient Chinese scholars, and is an evocation of the school's grounding in Chinese heritage. The three vertical lines in the logo represent the ancient Chinese writing style, while the three horizontal ones indicate Western style writing, overall symbolizing the integration of Eastern and Western values and knowledge in the school. The lower right corner represents the Mandarin initials of the Yangtze River, "Chang Jiang".[7]
The CKGSB faculty comprises an international staff of 45 full-time professors and 10 long-term visiting professors as of 2015.[8] Most of the faculty members are of Chinese origin, but all have pursued higher education at leading Western graduate schools, including Stanford, Harvard, Wharton and Yale. According to the school such make-up gives the faculty body a strong understanding of the Chinese market as well as a high academic profile and understanding of Western higher education practices. According to the CKGSB faculty, its per capita research publication rate in "top-tier" academic journals from 2006 to 2011 ranked 6th in the world. The school on the other hand currently adheres to a policy of not partaking in international business school rankings.[9]
The CKGSB Case Center is a unit specialized in the production of teaching material for executive education. It manages, updates and expands a portfolio of business strategy cases in English and Chinese to be used as practical business scenario training in the school's programs. Cases range from China-specific topics such as Chinese real estate market to internationals ones such as multinational acquisitions. As of 2013 the Center's library created a portfolio of more than two hundred case studies, subdivided into different major disciplinary subjects: Accounting and Finance, Business Model Innovation, Economics, Globalization and Strategy, Logistics, Operations, HR Management and Marketing. Cases are derived from faculty research and on the basis of teaching interests, often featuring CKGSB alumni business cases. Cases generally outline Chinese and international business scenarios.[10]
CKGSB Knowledge is an English language publication which provides business and economic analysis from the business school's faculty. It focuses on China-specific business trends, while also providing coverage of emerging markets in the global business landscape. Topics are subdivided into Policy and Law, Economy, Management, Technology, Manufacturing and Society, with topics ranging from Joint ventures to Sustainability.[11]
The CKGSB Library in Beijing has a total holdings of more than 600,000 print and digital Chinese and English books, 150+ periodicals, thousands of scholarly e-journals, and a diverse range of both Chinese and international databases such as Proquest and ISI Emerging Markets. The main library is located in Beijing’s Oriental Plaza campus, while Two branch libraries have been established on the Shanghai Campus and Shenzhen Campus.[12]
CKGSB offers programs to both Chinese and international students in its mainland China based campuses. Classes are offered in both Chinese and English. 25% of the MBA students are international, while the percentage varies from Chinese executive specific programs to short-term programs for international executives/ MBA students.[13] The programs are amongst the most expensive of Chinese business schools, with the EMBA programme being the most expensive programme in China.[14]
The EMBA is a 20-month-long program for C-suit executives, with classes meeting once per month for 4 days, Thursday to Sunday, with the first class being a one-week residency. It is open to both Chinese and international executives. Classes generally consist of lectures by faculty or notable alumni, group work, case studies and business visits. The EMBA program was listed number one EMBA in China in terms of returns after graduation by Forbes.[5] Admission criteria include a minimum of eight years work experience, with minimum five in a managerial position, and serving at a decision making position at the time of application.[15]
MBA programs are 14 months full-time English programs. Eligibility is based on two years of work experience, English fluency, Bachelor's degree and competitive GMAT or GRE score.[16] As of 2013 the selection involves three stages: first the application made of recommendation letters, degree certificate, and academic transcript must be approved by the school; second candidates must undergo an interview process with a panel of CKGSB faculty, alumni and staff, divided into 3 stages: group case discussion, panel interview and career consultation. The third stage is a comparative evaluation, where the selection panel compares different candidates to select students for allocated quota of MBA students.[17]
Notable CKGSB alumni include:[21] [22]