Business Schools

Fudan University-MIT Sloan


A partnership with MIT and its company-rich Shanghai location give Fudan and its graduates an edge

Fudan University is hardly unique in having a partnership with MIT's Sloan School of Management; two other top Chinese MBA programs have similar arrangements with Sloan. But in addition to the top-notch curriculum and visiting faculty that Sloan provides, Fudan—as the best comprehensive university in Shanghai—brings many of its own strengths to the table. Much of Fudan's advantage come from its location. While Beijing stands as the political and cultural nexus of the country, more capital and goods flow through Shanghai. Most multinational companies with Chinese operations have

Fudan-Massachusetts Institute of Technology (Sloan)

Vital Stats

Fudan-MIT (Sloan)

Location:

Shanghai

Program:

MBA

Program Length:

2 years

Average GMAT:

600+

Work Experience:

4.5 years

Female:

50%

Nationalities:

6+

their headquarters in the city, and Fudan has set up close relationships with leading enterprises in industries as varied as banking and telecommunications. "We almost don't have to go out and look for cooperation opportunities," says Yin Zhiwen, associate dean at Fudan School of Management. "We have so many firms approaching us saying they want more MBA graduates." Citibank (C) managers and executives offer courses on finance, while IBM (IBM)staff teaches classes on the high-tech sector. These deals not only give students first-hand information about the fields; they also give the multinational companies access to some of the country's top B-school talent. To meet the demand of China's burgeoning finance and consulting industries, Fudan has set up a joint MS in Finance. Important Manufacturing Topics

But Shanghai isn't just a mecca for multinationals—the metropolis also serves as a center for Chinese manufacturing. Like the Antai School of Business at Shanghai Jiao Tong University, Fudan has set up a center focused entirely on supply chain logistics and heavy industry. The center uses practical case studies researched at Fudan and international examples from MIT to give students a well-rounded understanding of the industry. For the first two decades after China's reforms, much of the economic growth came from grassroots entrepreneurs who cooked up unorthodox formulas for success in a chaotic marketplace. Many of these early business leaders had no high school education, much less an MBA. But now the market is more mature and therefore harder for entrepreneurs to crack. In addition to a course on innovation taught by Intel (INTC), Fudan has brought in such venture capital and private equity firms as Capstone Partners and Legend Holdings to sponsor an annual business startup competition. The competition has even exceeded the administration's expectations. Last year's winner, a group led by Feng Hua, an international MBA graduate in the class of 2010, is already up and running in an office provided by Fudan's business school. Originally prepared to fund only the first-prize winner, the VC firms were so impressed with the students' business plans that they ended up investing in and consulting with the top six. Shanghai is already the most cosmopolitan city in China, but getting real international experience requires students to leave their dorms and venture out into the world. Forty percent of international MBA students at Fudan go on exchange programs to many of the best U.S. schools, and class projects with MIT students are also offered to simulate working at a multinational company. Fudan has recently expanded its international cooperation beyond Sloan. Fudan students now can work with MBAs at the Wharton School (Wharton Full-Time MBA Profile) to provide real-life consulting to Chinese businesses looking to break into or expand their positions in the North American market.

Scrimenti is a freelance writer for Businessweek.com. A graduate of George Washington University with a BA in history, Scrimenti writes for the English-language edition of the Global Times in Beijing. He previously wrote for Fortune Times, a Chinese language publication. Fluent in Mandarin, Scrimenti also works as a translator for Pan Media Corp. and ChinaGeeks, a Chinese news and analysis web site.

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