Asia's surging economy has led many experts to proclaim that the 21st century will be remembered as the Asian century.
The rise of China and India, combined with the continued strength of Hong Kong and Singapore, has made the continent a destination for business school students from all over the world who hope to get in on the ground floor of this new epoch in Asia.
While most top-tier Asian business schools offer MBA programs—or MBA-like alternatives—Masters in Management programs—usually aimed at younger, less experienced professionals—are less common.
Now though, that’s starting to change. With an Asian economic boom underway, the wide variety of graduate management programs in Asia from which prospective b-schoolers can choose is becoming even more tantalizing.
Here’s five of the best Masters in Management programs in Asia:
1. Master in Management, CUHK Business School, Hong Kong
Hong Kong has long been a center of finance in the Asia-Pacific region, and CUHK is a top school in this bustling metropolis.
Students on the brand-new Masters in Management program take an accelerated 12-month course that prepares them for the rigors of business life.
During the last trimester of the program, students have an opportunity through the capstone project to travel internationally to emerging economies, where they’ll work on live consulting projects, tackling real problems faced by real firms.
The program is designed for the digital age, covering hot topics like big data, fintech, digital innovation, and Corporate Social Responsibility (CSR), alongside core business foundation and management courses. CUHK has strong links with corporate partners like Citi, AXA Asia, and IBM.
2. Master Degree in Management, Shanghai Jiao Tong University: Antai
In the master in management program at Antai, students can choose to focus on either business administration or management science and engineering. Students who are less interested in the technical aspects of business are better served focusing on business administration.
As an extra consideration, only the international business path is offered in English. The first year of Antai's two-year program has multiple core courses and a field study that must be completed. In the second year, students are allowed to go abroad, take part in internships, and gain cultural experiences that will help them become better professionals.
MBA aside, out of the 220 students graduating from Antai’s postgraduate programs in 2015, 193 landed jobs after graduation; 22 continued their PhD studies in China; five went abroad for further study. The most popular industries among Antai students are financial services (over 40% landed jobs in financial services in 2015), banking (24%), and consulting (5%).
3. Post Graduate Program in Management (PGP), Indian Institute of Management Ahmedabad
Much has been said about the rise of India. A country of over one billion, India has certainly made and continues to make its presence felt in the business and tech spheres.
IIMA’s two-year program gives students an elite, comprehensive education in business and management. Positioned as an MBA degree to the Indian market, IIMA’s Post Graduate Program in Management is highlighted here given its listing in the Financial Times ranking of the world’s best masters in management programs.
IIMA's program is considered an equivalent to an MBA within India—where MBA students are typically younger and less experienced than elsewhere—and can be taken to Europe, thanks to the school's accreditation through EQUIS.
IIMA students are in high demand in the jobs market, with over 96% of the class of 2017 offered employment. The three industries where you’ll find the most IIMA graduates are consulting (27% were hired into consulting in 2017), finance (17%), and consumer goods (15%).
4. PGDM + CEMS MIM, Indian Institute of Management Calcutta
Like sister school IIMA, the Post-Graduate Diploma in Management (PGDM) at IIMC is a two-year program which prepares graduates for the professional business world.
The difference is the CEMS MIM path. IIMC is the only Indian member of CEMS, an alliance of 30 top-tier business schools and multinational corporations from around the world.
The one-year CEMS MIM path, which is completed during the regular IIMC program, requires students to spend a semester studying internationally at one of the other 29 elite schools in the CEMS group.
5. Master in Management, ESSEC Business School, Singapore
French Grande Ecole ESSEC offers its Master in Management across its campuses in France, Morocco, and Singapore. Ranked fifth globally by the Financial Times, ESSEC’s two-year MiM is the highest-ranked program delivered in Asia.
ESSEC’s Junior Consultancy Experience, which kicks off during the first trimester, places students in consulting positions at regional firms, an exercise that offers practical experience for the future executives. ESSEC's 20 specialized tracks give students the ability to tailor their degree to their needs.
Of the MiM class of 2015, 98% found jobs within six months of graduation, while 70% found employment before leaving campus. The top three sectors were finance (29%), consulting (15%), and technology (13%).