Santiago Iniguez de Onzono, dean of IE Business School, spoke with China Economic Review recently about the relative complementarity of Chinese and European business schools, at the pointed exclusion of U.S. business schools:
“Analysts tend to emphasize the differences between Chinese and European business schools, but in reality they both have more in common than divides them. In fact, the European and the Chinese business environments share their orientation towards a stakeholder culture, versus the US’s shareholder-oriented culture. In addition, I believe that the European model of business schools is closer to hand, more accessible, and more easily implementable by Chinese business schools than the US model of endowed business schools.”
De Onzono also dismissed concerns that the business school market is hitting a wall in terms of potential growth. He sees opportunities everywhere: “We see that the broad family of MBA programs around the world is growing, including executive MBAs and specialized MBAs with traditional or online formats. The fact is that the aggregated market has grown in the past decade and the prospects are positive. Secondly, there is still ample room to grow in mature markets of schools aim at attracting more women to MBA programs.… Thirdly, there are still big opportunities to internationalize the student body at many business schools.”
–Source: “Blended learning,” China Economic Review, March 2012.
This article was originally published on Paul Bodine’s blog. Paul is a graduate admissions consultant with over 13 years of experience, having helped hundreds of applicants get into their dream business, law, medical, and graduate schools. He has also published several books on graduate admissions.