Leading business schools for Asian studentsBy Asian Correspondent Sep 05, 2013 9:55PM UTC
The way businesses operate is evolving rapidly, and this is creating a strain on corporate hierarchies around the world. These days, it’s no longer a safe bet to assume that those who have been with a successful company for decades are necessarily the best people to lead the company forward. Instead, many companies are looking to new hires and younger entrepreneurs to take leadership positions.
This is not to say that global companies are looking to leapfrog their seasoned executives and place young up-and-comers in the top positions. However, there is currently a strong demand for young junior execs and mid-level managers who can apply 21st-century strategies to outdated models. This presents fantastic opportunities for aspiring professionals around the world with business and management credentials.
This phenomenon is amplified in Asia, where many developing and recently developed nations are transitioning to a knowledge economy that emphasizes innovation over manufacturing. This shift paves the way for the emergence of a strong middle class, and with it a rise of the service sector and the jobs that this creates. In other words, this shift sends out ripples that augment the national economy and increase prosperity.
This is an exciting opportunity for business students. Not only are they in prime position to take on competitive job placements around the world, they can also play a direct role in the betterment of the countries in which they work. They will act as catalysts for positive changes, and they stand to make a substantial income in the process.
The hallmarks of a 21st-century business model
You don’t have to search very far to find examples of outdated business models. With mobile phone usage at all-time highs, many households find it difficult to justify owning a landline. And the telecommunications companies that can neither find a way to make their services relevant or hitch onto the mobile communications bandwagon crash and crumble in just a few years.
Likewise, the Digital Age has created a round-the-clock operations environments. Companies can now offer services at all hours, capture customer and transaction data in real time and test the viability of a new marketing strategy within seconds of its launch. In fact, companies that do not go out of their way to do these very things instantly lose their competitive edge. And make no mistake, their competitors who have embraced the Digital Age will watch their decline in real time – and with great satisfaction.
This is where up-and-coming entrepreneurs and young business professionals with solid, international credentials can turn a business around. They have been living their lives in this 21st-century context – they are ‘Digital Natives’, so to speak. As such, leveraging 21st-century technologies and ways of organizing is much more organic process for them.
Finding the right business schools
When searching for an international business school to attend, it’s wise to consider where you would like your professional networks to extend. Your fellow students and the companies that you intern with will be a natural extension of your network. Beyond that, it’s essential to enroll at a business school that embraces the evolution of the 21st-centruy business model, conducting relevant research and applying new strategies to real-world problems.
To that end, the following are among the leading business schools for Asian students:
WEBSTER UNIVERSITY, VIENNA
With nearly 100 years behind it, Webster University has gone global with the American higher-education model. It operates a network of university campuses around the world, including the Vienna campus in Austria, which offers bachelor’s- and master’s-level business programs in one of Europe’s top-performing cities. Read the full profile here…
JOHN F. WELCH COLLEGE OF BUSINESS, SACRED HEART UNIVERSITY
Sacred Heart University is based in Connecticut, USA, where it offers comprehensive degree programs against a backdrop of Catholic tradition and heritage. The university’s Luxembourg branch offers a competitive international business program that combines strong ties to the US and a strategic location in one of the EU’s leading financial centers. Read the full profile here…
POOLE COLLEGE OF MANAGEMENT, NC STATE UNIVERSITY
Poole College of Management is an important arm of NC State University in the US. It has been in operation since 1992 and takes a special interest in the commercialization and management of technology and innovation in a global marketplace. Coursework is forward-focused and fine-tuned for the international business community. Read the full profile here…
INHOLLAND UNIVERSITY OF APPLIED SCIENCES
With eight campuses across the Netherlands, Inholland University of Applied Sciences is an ambitious institute with a diverse student body. In all, more than 32,000 are enrolled, and they represent more than 110 nations. Small classrooms, personalized instruction and an academic environment that thrives on multiculturalism make this an ideal destination for business students from Asia. Read the full profile here…
COLLEGE OF BUSINESS, LAMAR UNIVERSITY
Highly acclaimed and surprisingly affordable, Lamar University is a global leader in business education. It’s located in Beaumont, Texas, within reach of major cities in the southern US including Houston, Austin, San Antonio, Dallas and New Orleans. This crossroads position makes Beaumont a natural industrial hub and puts Lamar at the center of a thriving network ripe with internship possibilities. Read the full profile here…
ADAM SMITH BUSINESS SCHOOL, UNIVERSITY OF GLASGOW
This is one of the most prestigious business schools in the world, especially for those specializing in economics. It’s named for the ‘Father of Economics’, who himself attended and later served as rector at the University of Glasgow. But despite its storied legacy, Adam Smith Business School remains a forward-thinking institute.
THE FOGELMAN COLLEGE OF BUSINESS AND ECONOMICS, UNIVERSITY OF MEMPHIS
The Fogelman College of Business offers in-depth coursework on the ever-changing business environment of the 21st century. It provides a range of programs supported by research conducted by the University of Memphis. Offerings are available across six distinct subject areas and include a variety of MBA courses.
INSEEC BUSINESS SCHOOL
INSEEC is an internationally recognized business school in France, and it offers Asian students a unique opportunity to develop French-language proficiency and gain access to the professional networks of the hundreds of millions of French speakers around the world. In addition to several campuses in France, INSEEC also operates a campus in London with English-language coursework.