CEIBS

FAQ

What is the tuition for CEIBS’ MBA program?
The tuition for CEIBS’ MBA program is tuition is RMB 428,000, or approximately $63,634. Living expenses for on-campus dormitories are RMB 3,000 per month.

What is the average GMAT score for admission to CEIBS’ MBA program?
The average GMAT score for the incoming class at CEIBS is 685.

Does the CEIBS MBA program accept the GRE?
Yes. The CEIBS MBA program accepts the GRE. They also offer the CEIBS Admission Test, which is similar to the GMAT, but does not include the AWA or IR section.

What is the average GRE score for admission to CEIBS’ MBA program?
CEIBS does not publish an average GRE score for its incoming class, but does accept the GRE for admissions.

What is the minimum number of years of work experience required for admission to CEIBS’ MBA program?
CEIBS’ minimum number of years of work experience is 2 years.

What is the average number of years of work experience for admission to CEIBS’ MBA program?
The average number of years of work experience among students in CEIBS’ MBA program is 5.9.

What is the average starting salary for graduates of the CEIBS MBA program?
The average starting salary for CEIBS MBA graduates is RMB 530,000. The salary will vary by industry, with consulting and real estate jobs generally commanding the higher salaries.

How long is CEIBS’ full-time MBA program?
CEIBS’ full-time MBA spans 18 months and is broken into six terms of approximately three months each. The program begins in August.

What are the application deadlines for CEIBS’ MBA program?
The Round 1 MBA application deadline is November 13, 2019. The Round 2 application deadline is January 15, 2020. The Round 3 deadline is March 25, 2020.

What percent of CEIBS MBA students are women?
The percentage of the class at CEIBS that are women is 40%.

What type of interview does CEIBS use for MBA admissions?
Interviews are by invitation only and required for admission. Chinese residents must travel to campus for a face-to-face interview, and applicants outside of China may be able to interview via telephone or video conferencing. Interviews are conducted by CEIBS faculty, department directors, alumni, and admissions managers. In most cases, applicants will be interviewed by two interviewers. Each interview is approximately 30 minutes in English.

Admissions

Class Profile

CEIBS’s full-time MBA class of 2020 is comprised of 175 students. Forty percent of students studied Business & Management in their undergraduate careers, while 40% hailed from Science & Engineering backgrounds, 11% in Language & Arts, and 9% in other fields.

The average GMAT of the incoming student is 685, with an average of 5.9 years of work experience. Forty percent of the class is made up of women, and 36.6% of the class originates outside of China.

Application Procedures

CEIBS offer three rounds of admissions each year, typically in November, January, and March. Prospective students are encouraged to apply as early as possible, as third round slots are limited.

A completed application consists of an online application form, a bachelor’s degree or above, two years of full-time work experience, GMAT/GRE score, university transcripts, copy of passport, English language proficiency, mandatory essays, two letters of recommendations, and an application fee. Application requirements and admissions criteria are identical for Chinese and international students, though international applicants must hold a valid VISA to enter China, as well as a Student Resident Permit for the duration of their time at CEIBS.

Interviews are by invitation only and required for admission. After reviewing applications, the admissions office will create a short-list of applicants to interview.  Chinese residents must travel to campus for a face-to-face interview, and applicants outside of China may be able to interview via telephone or video conferencing.

Interview Reports

Ceibs Q&As

Not available

Ceibs LiveWire and DecisionWire

Academics

Faculty

CEIBS employs 68 faculty members across five academic departments: Economics/Decision Sciences, Finance/Accounting, Strategy and Entrepreneurship, Organizational Behavior and Human Resource Management, and Marketing.  Approximately a third each of the faculty originates from Europe, the U.S., and China, allowing the professors to teach with unique international approaches.

The school also houses nearly 20 research centers, a seminar series, and numerous professional faculty publications.

Curriculum

The full-time MBA spans 18 months and is broken into six terms of approximately three months each.

Term begins with a Foundation kick-off in August, then is followed immediately by Term 1, which lasts from August to October. Term 2 takes students through to the winter holidays, and the next four terms last from January to October, before an optional seventh term and graduation the following April.

A total of 64 credits are required to graduate, comprised of 33 core credits in five main foundation areas: Strategy and Entrepreneurship, Economics and Decision Sciences, Finance and Accounting, Marketing, and Organisational Behavior and Human Resources Management. Core courses are mandatory and cannot be waived. The remaining 31 credits are made up of a wide variety of electives, including five overseas electives aimed to expand a student’s global understanding. Students can choose to study these electives in Israel, Germany, Malaysia, Japan, or the U.S. A majority of students opt to specialize their degree by either pursuing a general management focus, or one of four concentrations: Finance, Marketing, Digital Business, or Entrepreneurship. To successfully complete a concentration, a student must take at least 10 credits in that area.

An international experience is also required, and students can choose between an exchange program, one of five overseas electives, or one of three U.S.-based coordinated degree programs: Cornell University, the Fletcher School at Tufts, or Johns Hopkins University. Another hallmark of the program is the second-year Integrated China Strategy Project, in which students work together in groups to act as consultants for CEIBS-sponsored firms.

Other MBA Degree Options

In addition to the full-time MBA, CEIBS offers a Finance MBA, a Global EMBA, a Hospitality EMBA, and a Chinese Language EMBA.

The Part-Time Finance MBA is designed to train rising stars in the industry to prepare them to enter the Shanghai finance hub. The FEMBA lasts nearly two years, meeting two weekends a month, and is taught exclusively in Chinese. The Global EMBA focuses on high-level executives who aim to expand their global business perspective. The program lasts 20 months and starts in November of each year, and students are required to have at least 10 years of work experience, 7 of them in a high-level managerial position. The 18-month Hospitality EMBA combines business education with service management and is offered in various locations throughout Asia and Europe. Lastly, the two-year Chinese Language EMBA meets four days a month and classes are conducted exclusively in Mandarin.

Degree Offerings at CEIBS

Full-Time MBA: http://www.ceibs.edu/mba

Global EMBA: http://www.ceibs.edu/gemba

Hospitality EMBA: http://www.ceibs.edu/hemba

Chinese Language EMBA: http://www.ceibs.edu/emba-introduction

Campus Life

Clubs, Conferences and Competitions

The full-time MBA term begins with an Intensive Leadership Journey right at Orientation, helping students hone their managerial and leadership qualities from the beginning of term.

Additionally, CEIBS is currently home to over 15 clubs that vary between social, academic, and professional interests. For example, the CEIBS MBA Social Impact & Responsibility Club organizes activities, competitions, and workshops aimed to help students learn about social impact directly from professionals in the industry.  Paired with program-wise sustainability challenges and English language tutoring for underprivileged children of migrant working parents, the club’s three-pronged approach allows for maximum value-adding. To unwind from the academic rigor of the program, the CEIBS Leisure Club organizes a plethora of social activities for students, including a mountain hiking trip, cocktail and wine tastings, and movie nights.

CEIBS hosts a number of conferences throughout the year, including a Department of Strategy & Entrepreneurship Academic Symposium, currently in its 4th year. In September 2018, CEIBS held the 2018 International Women’s Entrepreneurial Challenge Conference, centered around the theme “Connecting Women Businesses Globally: Discovering Opportunities in Asia.” The two-day event featured a number of panel discussions, networking events, and a keynote address by Ruth A. Davis, former U.S. Ambassador and current IWEC chairwoman.

In addition to annual conferences, students also take part in a number of business competitions each year, including the annual Mergers & Acquisitions Business Case Competition. In April 2018, four CEIBS MBA students won first place and received a cash prize and access to a strategy workshop on digital transformation.

Campus Spaces

Though situated in a quiet residential neighborhood outside of Shanghai’s city centre, the CEIBS campus is a thriving academic and social gathering space. The central academic hub is called Academic Centre IV and houses eight lecture theatres, five discussion rooms, and the administrative offices of the Executive Education Program. Additionally, the Commons Building provides a large gathering space for students to relax and dine between classes. Featuring three dining halls, two spacious lounges, and a waterside terrace, the building acts as a tranquil home base for all students. Along with a 8,000 sq. meter Conference Centre, a Central Pavilion, a faculty building, and student dormitories; the Academic Centre and Commons Building make up Phase III of the Shanghai Campus expansion, officially opened in 2013.

Students choose to either live in one of three on campus dormitories, or off campus in the surrounding residential neighborhoods. While rent in the Jinqiao neighborhood is reasonable at approximately $500/month for a one-bedroom, some students opt to live closer to the city centre and commute daily, at a higher cost.

MBA Careers

Career Services

CEIBS’ Career Development Center is focused on finding students the right career for their interests and talents, as opposed to simply securing a job. The CDC provides a self-assessment test, career counseling, workshops, mock interviews, and role-playing practice.

The CDC hosts recruitment fairs outside of Shanghai, on-campus corporate presentations, and hands-on practicum projects to allow students to gain real experience in their fields of interest and ideally improve their chances at desirable opportunities.

Career Statistics

Ninety percent of the Class of 2018 responded to the employment survey. Based on those responses, the most popular industry for CEIBS MBA grads was financial services, as just over a quarter (25.7%) had joined the industry. Technology was a close second choice, as 24.3% of 2018 graduates selected the field. The remaining half of the class spread out across typical post-MBA fields; however, there was one atypical trend—consulting was not a top 3 career path. Instead, manufacturing and healthcare edged out consulting. Twelve percent of the Class of 2018 entered manufacturing and 10 pursued healthcare; consulting followed at 9.3%. Consumer packaged goods and real estate each saw nearly 4% of CEIBS grads; 3% went into retail and the rest spread across transportation/logistics, media/entertainment, and other fields.

In regards to region, 85% of the Class of 2018 settled in Mainland China. Half stayed in Shanghai; approximately 17% settled in Beijing. Nearly 9% took on roles in Shenzhen, and the remainder spread out across Hangzhou, Guangzhou and other cities. Ten percent moved to the Asia Pacific region.  Close to 4% settled in Korea, 3% in India and 2% in Hong Kong. The remaining 5% headed to Europe or America; 2.2% landed in Germany and the Netherlands, U.S. and Brazil each claimed around 1% of graduates.

Financing

Financing

For the 18-month program beginning in August 2018, tuition is RMB 428,000, or approximately $63,634. Living expenses for on-campus dormitories are RMB 3,000 per month, includes water, electricity, AC, and WiFi.

CEIBS offers a variety of funding options for students looking to finance their MBA, including merit-based scholarships, diversity-based fellowships, loans, needs-based education funds, and company sponsored scholarships. Most popular are the variety of scholarships offered: in the class of 2020, over one-third of students received a CEIBS scholarships. No separate application is necessary, though applicants are encouraged to apply as early as possible to ensure availability. Merit scholarships are awarded for both professional and academic achievements, interview results, and an applicant’s potential for contributions to the MBA program. For international students, CEIBS partners with Prodigy Finance to offer loans. Other loan opportunities differ depending on the student’s country of origin.

Cost of Attendance

In-state tuition and fees: RMB 428,000 for all students, approximately $63,634.
On-Campus Room and Board: RMB 3,000 per month for a single room
Off-Campus Room and Board: Varies, approximately 5,000 RMB per month for a single room

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