Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West
Starting Korea, our first action plan is to underscore the importance of Eastern-Western value integrated MBA education in the academic and corporate sector by all means. Then, we will propose the new MBA education model to schools, companies, Ministry of Education of each country and contact companies to join the new MBA curriculum launch and support the schools at the same time.
Throughout all these efforts, if students will have more skills, expertise to increase productivity and will be more rounded globally and companies will also have greater competitive advantages, we can dare to say our model for innovation, the brand-new MBA education model, succeeds in adding values to the stakeholders of MBA education in Korea, Japan and China.
Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West
If ideas suggested above come true, enormous synergy effects can be anticipated. Shown as a spiral in the SECI model, stakeholders of MBA education, students, schools and companies will be surely satisfied with the brand-new MBA education model. By exchanging human talent, financial support and further developing co-project and consulting, model for innovation will pave the new way for the future of MBA education in Korea, Japan and China.
Against this background, it will not be a wishful thinking anymore for Asian MBA schools to list their names on the top of the global MBA rankings. For that, we will not just sit idle. No matter how difficult it would be, we are going to try our best to realize our suggestions in all three countries.
Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West
Moreover, when it comes to class profile, apart from the Asian student dominant class, the number of non-Asian students is better to reach half. This is no exception to faculty profile. According to the 2009-2010 global MBA program of College of Business at Seoul National University, 48 out of 49 full-time professors are Western Ph.D. But to integrate East and West, around 30% should be Asian Ph.D. professors.
Of course, Eastern-Western value integration is not enough to fully improve the quality of MBA education in Korea, Japan and China. We also need additional initiatives, to name a few, active globalization, regional cooperation, practical and timely education. Going without saying, more English class and profile diversity is a must to most Asian MBA schools for real globalization.
Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West
Last but not least, inducing western applications to Korean, Japanese and Chinese MBA schools is of great significance. It is basically because Asian value needs be passed to Western students so that they can broaden or deepen their horizon in Asian context. However, it is also true that we still need Western value in many ways.
Thus, the ideal model of Asian MBA education can be achieved by balancing Western curriculum with newly-introduced Eastern curriculum. For example, existing subjects such as international strategy, management information system and new subjects such as Confucianism and Buddhism, both of them should make their presence.
Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West
In fact, general analysis of 13 Korean, 29 Japanese, over 45 Chinese schools (defined as professional schools with full-time MBA programs) supports our idea. SWOT analysis indicates that western-oriented curriculum such as marketing, financial accounting, organizational behavior and insufficient globalization and lack of practical education constitutes the weakness of Asian MBA schools.
However, at the same time, Asian MBA schools also have a life-time chance. With the rapid growth of Eastern economy and subsequent highlights on Eastern value, they draw more and more attention from all over the world.
Improving the Quality of MBA Education in Korea, Japan and China(6) - Integrating East & West
If ideas suggested above come true, enormous synergy effects can be anticipated. Shown as a spiral in the SECI model, stakeholders of MBA education, students, schools and companies will be surely satisfied with the brand-new MBA education model. By exchanging human talent, financial support and further developing co-project and consulting, model for innovation will pave the new way for the future of MBA education in Korea, Japan and China.
Against this background, it will not be a wishful thinking anymore for Asian MBA schools to list their names on the top of the global MBA rankings. For that, we will not just sit idle. No matter how difficult it would be, we are going to try our best to realize our suggestions in all three countries.
Starting Korea, our first action plan is to underscore the importance of Eastern-Western value integrated MBA education in the academic and corporate sector by all means. Then, we will propose the new MBA education model to schools, companies, Ministry of Education of each country and contact companies to join the new MBA curriculum launch and support the schools at the same time.
Throughout all these efforts, if students will have more skills, expertise to increase productivity and will be more rounded globally and companies will also have greater competitive advantages, we can dare to say our model for innovation, the brand-new MBA education model, succeeds in adding values to the stakeholders of MBA education in Korea, Japan and China.
