Enhancing the Quality of MBA Education in Korea, Japan and China(7)

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.

Enhancing the Quality of MBA Education in Korea, Japan and China(6)

Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West

Under this circumstance, integrating Eastern & Western values into MBA education through active Asian-value reflection should be done in no time. First of all, Asia-specific classes such as Confucianism, Buddhism, Asian language and history need be opened. In doing so, Asian MBA schools can deliver values such as social responsibility, ethics and community spirit. 

In addition, more case studies, especially about new and joint ventures that are so prevalent as China develops, are powerfully required. Students can learn Korean IT industry, Japanese management style and Chinese manufacturing sector in depth. Furthermore, faculty members with Asian backgrounds should be recruited to some extent. Without Asian Ph.D. professors, active Asian value reflection will be a wishful thinking.

Enhancing the Quality of MBA Education in Korea, Japan and China(5)

Improving the Quality of MBA Education in Korea, Japan and China - Integrating East & West

Thus, if timely and properly changed, Asian MBA schools can even suggest a new education model. Then, companies, one of the biggest stakeholders of MBA education, can place themselves in the high interest and high power square of Stakeholder analysis. In other words, corporate responses would be moved from the present 'Indifference' to the future 'Active Recruitment'. 

Contextual background of various countries by Geert Hofstede also implies that Korea, Japan and China, as the most high context nations which underline righteousness and strongly want their faces saved, desperately need different types of MBA education with remarkable emphasis on Asian value.

Improving the Quality of MBA Education in Korea, Japan and China(4)

Improving the Quality of MBA Education in Korea, Japan and China(4) - 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.

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.