I recently applied to the MBA program in Shanghai- still waiting on their decision. I originally applied for Boston but switched when I heard Shanghai is going full term for the Fall 2011 intake. To answer your question, short answer-yes I believe its a reputable school and program. In regards to whether Hult is worth the money, it really depends on your current situation. What is your work experience, what is your current salary, what are your goals?
For me, I have 7 years experience as a Consultant/Finance Analyst, and am currently working as a government contractor, but aspire to work with emerging markets. I am giving up a pretty good salary, not to mention a security clearance, to pursue my MBA.
I have prior work experience in India, and would like to again work in a multi-national company with oppurtunity to travel. Hult is a perfect fit for me since I would get to study with international students, in an country who's economy is growing at an extrodinary rate. Not to mention the school's rankings etc etc. On the other side I have read that people worry about the school placing them afterwards. This isn't too much of a factor for me personally. I think I can manage with assistance, but I am not relying on the school to go out and get me something. Its not a job placement service, so I dont think people should expect it. But something to consider is your current resume. Are you marketable without the MBA? If not, I don't think Hult has enough clout to carry you in the business world without work experience to back it up.
You mentioned that you were interested in going to China? Do you have aspirations to work there? Do you know which industry you want to concentrate? Expat jobs in China seem to be more favored towards Finance and Supply Chain. I plan to concentrate on the latter.
For me, all these factors, plus Hult's tuition/fees and one year program length promise to be a good ROI. I know that I might see a complete ROI a little later since I don't foresee as large of a salary increase, but I will be in the industry I wanted.
Best advice is consider what you have to offer- a company and Hult, what your career goals and MBA goals are, and see if they match up to Hult's program. If not, it doesn't necessarily mean Hult's not a good school, just not the one for you.