SHANGHAI, Feb. 26, 2024 /PRNewswire/ – The Financial Times (FT) published its annual Global MBA Ranking 2024 on February 12, 2024, revealing that the Fudan MBA Program secured the 27th spot worldwide. This program demonstrated exceptional performance across various criteria, excelling in Asia for both ‘Career Service’ and ‘ESG and Net Zero Teaching’. Additionally, it achieved the 2nd and 3rd positions globally for ‘Salary Percentage Increase’ and ‘Career Progress’, respectively.
Having entered the global top 100 in 2013, the program has consistently advanced its position over the past decade, now proudly positioned among the top 30 globally.
Pioneering ESG Integration in Curriculum Design
The Fudan MBA Program continues to lead in Asia for ‘ESG and Net Zero Teaching’. This recognition underscores the School of Management at Fudan University’s adaptability to current trends and dedication to prioritizing ESG practices.
The evolving landscape of ethical business practices is reshaping the corporate world, ushering in an era of responsible business conduct and sustainable development. The Fudan MBA Program has been at the forefront of integrating ESG principles into its curriculum, driving innovative changes in Chinese MBA education. In 2022, the program underwent a comprehensive curriculum enhancement, introducing the Future Development Module course aimed at cultivating sustainable leadership for the digital era. This update also mandated the inclusion of the Environment, Society, and Governance (ESG) course. In 2023, the commitment to ESG education was further solidified by implementing the ESG program across all 12 classes of the 2022 MBA intake.
“ESG has become a global imperative, influencing national policies and business expansion. To equip our students with a deep understanding of relevant knowledge and skills, we have integrated mandatory ESG courses. As future leaders, MBA students must adopt a forward-thinking approach and embrace ESG principles to address future challenges,” emphasized Zheng Ming, Professor and Associate Dean of the School.
Prof. Wang Xiaozu from the Department of Finance highlighted that ESG initiatives, spanning from classroom instruction to management research, have catalyzed a transformation in MBA training methodologies. The growing impact of ESG on corporate decision-making, supply chain management, corporate finance, and human capital management underscores the necessity for cutting-edge research to outline optimal business strategies. A profound understanding of ESG will stimulate a myriad of fresh ideas and innovations, enriching classroom discussions.
Sustained Excellence in Career Services in Asia
The Fudan MBA Program maintains its position as the premier Career Service provider in Asia. Demonstrating leadership and tangible effectiveness in student career development and support, the School receives accolades from students, businesses, and international peers.
Student career guidance and support are fundamental aspects of the Fudan MBA education. Fudan School of Management was the first university business school in mainland China to establish a Career Development Office (CDO) in 1999. The CDO offers a range of career guidance and services to full-time MBA students by consolidating resources and providing comprehensive support throughout the job search process. The objective is to help students gain a better understanding of their career paths and advancement opportunities, significantly enhancing their competitiveness in the job market.
In recent years, the CDO has reinforced its role as a guide for student career paths. In addition to traditional business-focused content, the center has expanded its offerings to include emerging fields such as sci-tech innovation and ESG, broadening students’ career horizons. Among the 2023 Fudan full-time MBA cohort, 92% transitioned between industries or roles, with 57% achieving dual transformations in both industry and function.
Moreover, the CDO has established a ‘Talent Collaboration Ecosystem’ involving over 2,000 partners from various sectors. This ecosystem serves as a dynamic platform for in-person interactions among students, alumni, and industry leaders, fostering enduring positive career relationships. Through collaborations with leading companies across diverse industries, the CDO organizes tailored workshops, vocational courses, and simulated interviews. These initiatives aim to expand students’ job search scope and equip them with a comprehensive range of career resources. In 2023 alone, the center orchestrated and hosted 252 career development activities.
Diverse Programs to Cultivate Innovation Talent
In 2020, Fudan School of Management unveiled its ‘Sci-tech Innovation Strategy’ initiative, grounded in the belief that technological innovation is key to future success. This strategy aims to empower management practices and steer the growth and transformation of Chinese innovation enterprises. The Fudan MBA Program has actively engaged in shaping the curriculum framework of innovation management courses and nurturing talents in this field, adopting a dual approach to fostering essential capabilities for the future.
Fudan MBA introduced the innovative Fudan MBA Sci-Tech Innovation and Entrepreneurship Elites Program in 2020, dedicated to nurturing young talents and future leaders in sci-tech innovation. To date, two sessions of the program have selected 142 students from over 1,500 MBA candidates. These students are divided into three tracks: biomedicine and healthcare; next-generation information technology (IT) and artificial intelligence (AI); and new materials, renewable energies, and cutting-edge equipment. The ultimate aim is to cultivate a new generation of visionaries who will drive the nation’s scientific and technological advancement.
In 2023, Fudan MBA launched the Juchuang Leadership Development Initiative, further enriching its hands-on experience offerings. These initiatives aim to help students seamlessly integrate advanced theories with global leadership principles, applying them in real-world business scenarios. This approach not only encourages proactive participation, innovation, and global leadership but also equips students with the essential skills to navigate the rapidly evolving business environment. It also ensures the preservation of Fudan MBA education’s core essence, passing on its values and knowledge to future cohorts.
In the previous FT Global EMBA Rankings, three programs from Fudan School of Management secured positions in the top 30 globally: the Fudan EMBA Program claimed the 8th spot, a significant achievement. The HKU-Fudan IMBA Programme followed closely, ranking 24th, while the BI-Fudan MBA Program attained the 29th position. With the Fudan MBA Program’s rise to the 27th spot, four programs from Fudan School of Management now hold positions in the top 30 globally, cementing its status as one of the few business schools worldwide to achieve such recognition.
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SOURCE School of Management, Fudan University