On January 27, 2020, the Financial Times (FT) Global MBA Ranking 2020 was officially released, and the MBA program of Antai College of Economics & Management (ACEM) at Shanghai Jiaotong University (SJTU) ranked 37th, among the world’s top 50 together with other three core programs, EMBA, EE and MIM. This achievement has not only marked a solid step for ACEM’s MBA program to become a world-class MBA with Chinese characteristics, but also evidenced the steady improvement of the quality and international reputation of the program.To get more news about top mba colleges in China, you can visit acem.sjtu.edu.cn official website.
The reason why the FT ranking is so widely recognized is that, on the one hand, its criteria for participation and selection are stringent and its data sources are objective and independent; on the other hand, among various FT rankings, the competition for MBA ranking is the fiercest. Candidate schools offer almost all the flagship MBA programs that can be found in prestigious business schools in the world, making the competition truly a “battle among the strongest.”
Among the 20 different indicators, the ones attracting much attention are still those reflecting the return on investment after enrollment, such as employment rate, weighted average salary and salary increase rate. Among these core indicators, ACEM’s MBA program has continued to perform strongly. In terms of employment after three months, ACEM’s MBA program has maintained an outstanding performance of 100% for many years, consistently ranking top in the world. The impressive data of 100% employment rate for the past seven years has fully demonstrated that not only has the MBA learning experience at ACEM significantly improved the knowledge structure and personal ability of the graduates, but also the appeal and authority of the ACEM brand in the industry has guaranteed the employability of its graduates.
In terms of salary data, the alumni’s weighted average salary three years after graduation has reached USD130,736, an increase of nearly 16% over the last year. Meanwhile, the salary increase rate has reached 201%, ranking the top three in the world for seven consecutive years. These data reflected the industry experience, alumni network and potential opportunities obtained by graduates of ACEM’s MBA program during their study, which enable them to have more channels and opportunities to facilitate the “monetization” of their abilities and skills.
Short steps lead to greater things. The pragmatic and enterprising MBA program of ACEM has not only come into the spotlight on the international stage and competed with those of the world’s top business schools, but also exceled in domestic authoritative assessments: the “Business and Management” subject of SJTU is the only economic and management subject in Shanghai included in the “Double First-class” list of the Ministry of Education (MOE); in MOE’s fourth round of subject evaluation and the first assessment of professional degree level, the first-grade subject of Business Administration and MBA of ACEM was proud to be graded A+.
In ACEM Dean Chen Fangruo’s words: “With the joint efforts of several generations of ACEM people, ACEM has made great progress and has now ranked among the forefront of Chinese business schools. We have obtained all important international accreditations, made excellent achievements in many international and domestic subject evaluations and rankings, and achieved fruitful results in talent training. ACEM’s degrees are the dream goal among numerous students.”
In this year’s FT ranking, ACEM’s MBA program ranks 13th globally in terms of value for money. In addition to its excellent return on investment that has always been recognized by students and alumni, ACEM is also committed to providing students with more value-added services to make their “MBA journey at ACEM” worthwhile.
“We must not use the past knowledge to teach current students to solve future problems,” Yang Jie, Party Secretary of ACEM, said. “More and more applicants have realized that their MBA experience must not be limited by just “learning.”
Laying a solid foundation for students is indeed important. However, as a cradle of future management elites, whether a business school can help students face or even foresee the practical issues in the industry, build a broad communication platform that brings together alumni, students and business leaders, clear away the gap between industry and university for students and truly enhance their ability to solve practical problems in working scenarios is an urgent issue that a responsible first-class business school should think about.