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MNCs: IHRM Policies and their Impact. Need essay sample on Sample Sheet, MNCs: IHRM Policies and Security Resume Resume For Law, their Impact ? We will write a custom essay sample specifically for you for only $12.90/page. The increasing presence of multinational companies in countries other than their principal home country is becoming the standard in international business. Multinational companies (MNCs) extend their global reach by Sample Project Sheet - 7+ Examples, Format setting up foreign based locations or headquarters usually managed by expatriate executive staff from the home country (HC). The transplanting of expatriate staff to fulfil the MNCs foreign corporate agenda has created many issues for A Free Printable Meal Template That International Human Resource Management (IHRM). Numerous questions, difficulties, and the ability to Project Sheet Examples, Format understand how the corporate objective may or may not mesh with the cultural, political, social, privacy norms, laws and Resume, fabric of the host country have become challenges that IHRM must overcome. The increasing presence of multinational companies in countries other than their principal home country is becoming the Project Sheet - 7+ Examples, Format, standard in international business. Multinational companies (MNCs) extend their global reach by setting up foreign based locations or headquarters usually managed by expatriate executive staff from the Character – Letter Format, home country (HC). The transplanting of Project Sheet Examples, expatriate staff to fulfil the MNCs foreign corporate agenda has created many issues for International Human Resource Management (IHRM). Numerous questions, difficulties, and the ability to understand how the corporate objective may or may not mesh with the Guard Resume, cultural, political, social, privacy norms, laws and Sample - 7+, fabric of the host country have become challenges that IHRM must overcome.
The world has become more competitive, dynamic, uncertain, and volatile than ever before (Kanter, 1991). Many firms have to compete internationally because the Here's A Free Meal Planner That, costs associated with the development and marketing of new products are too great to be amortized only over one market, even a large one such as the USA or Europe (Bartlett and Ghoshal, 1991). Yet there are some products and services that demand accommodation to location customs, tastes, habits, and Format, regulations. Thus, for many MNCs the likelihood of operating in diverse environments has never been greater. While these scenarios suggest paths that MNCs have taken to being internationally competitive, they are being superseded by the need to manage globally, as if the world were one vast market, and simultaneously manage locally, as if the world were a vast number of separate and loosely connected markets (Bartlett and Ghoshal, 1991). The trend is creating a great deal of challenge and opportunity in understanding and conceptualizing exactly how MNCs can compete effectively. Knowledge of conditions in a variety of countries and Here's A Free Printable Meal Planner Template Use To, knowledge of how to manage both within and across them is the essence of international HRM. The complexity of operating in different countries and employing different national categories of Sample Project - 7+ Examples, Format workers is a key variable (Dowling, Welch and Schuler, 1999). MNCs are rich in resources.
Aside from the typical monetary leverage, MNCs have large research departments and human capital assets at their disposal. This is Security Resume Objective For Law, a great benefit to MNCs because they can utilize the already available asset with no auxiliary cost. However, do MNCs really and Sample Project Examples,, fully utilize their own resources to aid them in understanding their interaction when conducting business in Here's A Free Printable That You Can Use To, a foreign country? MNCs consistently underestimate the issues and whether their company is Sample Sheet Examples, Format, welcome in the host country. However, this lack of understanding is slowly changing due to the economic impact of Sample Stock Illustrations, Cliparts not understanding how the MNC conducts its business. Implementing Cross-Cultural Policy. In Japan, for instance, it can be hard to fire someone. As a result it can be hard to hire other Japanese when they see this implied agreement broken.
Many countries have very pro-employee laws. Sample Project Sheet - 7+? Termination may mean very high monetary compensation, and some of these laws apply to expatriates as well. Another example would be recruiting in Security Guard Objective. Objective, India. Sample - 7+ Examples,? This may involve caste systems such as the Hindu Caste System, although constitutionally banned, exists as institutional racism (please see Appendix A for further explanation). The process of recruitment would involve a detailed labour market analysis that includes research on workforce demographics, unemployment rates, wage levels and information about other competitors who have encountered the same issues and what their solutions have been. It’s important for HR staff to upgrade any weak areas such as negotiation skills, then quickly acquire specific knowledge about the Dandy Reference For A Friend – Letter, country or region and about the laws and political system that governs that area. One such important example of understanding the presence of the multinational in a host country is presented by the case of GE. GE purchased a majority interest in Tungsram, a manufacturer of lighting products in Hungary.
Tungsram was attracted to GE because of Sheet Examples, its low wage rates and the possibility of using the company to export its. products to Western Europe. GE transferred some of Security Guard Resume its best managerial talent to Tungsram. However, GE ran into many problems. The Hungrarians expected higher Western-style wages, not low wages. Americans wanted strong sales and marketing functions that would service customers, while the Hungarians believed these would take care of themselves.
The American managers found the workers to lack in motivation. The Hungarian employees believed that the American managers were pushy. To turn the - 7+ Format, plant around, GE had to Functional Resume Template Resume Example invest an additional $400 million in Sample - 7+ Examples,, new plant and equipment and in retraining employees. GE also had to lay off half of the work force (Noe, Hollebeck, Gerhart and Wright, 2000, (found in Duane, 2001 p. 2)). The GE example illustrates the importance of understanding its role, presence, expectations and demands that a MNC might encounter. This expatriate approach is instituted because parent company executives believe that they will be unable to Bank Teller Resume With Bank Teller Duties And find qualified senior management and Sheet - 7+, professional employees in the host country. It is also believed that staffing key jobs with parent nationals will advance corporate culture (Perkins, Shortland, 2006 pp. 145-158).
(Perkins, Shortland pp. 145-158) also states that Japanese prefer to have their MNCs be headed by managers who have had previous exposure to the corporate culture and environment. Further American company Procter and Gamble followed and emulated the same procedure requiring a manager to work in the United States first before being transferred back to their home country in Security Resume Objective. Resume Objective For Law, order to preserve corporate culture. Channels of Influence. The primary channel of Sample Project - 7+ Examples, Format influence that the MNC has to negotiate with is the Advent, subsidiary’s government. Which government does not wish its citizens to be employed and to politically reap the benefits of having a MNC build and contribute to their economy?
Another powerful influence besides the government is utilising local prominent and successful businesses to leverage the partnership and goodwill of all business entities. Project Sheet? The MNC is also able to draw upon existing knowledge of its partners and are able to better understand and overcome any differences in culture, policy and way of achieving its business objectives. These partnerships, whether through political or existing business alliances, allow the MNC to rapidly deploy and cut-through otherwise entrenched bureaucracy and foster a successful beneficial partnership (Rosenzweig, Nohria 1994). Within these channels of influence are specific policy and Here's A Free Meal Template That Use To, systems safeguarding many employees personal and private data. In fact, the European Union Commission (EUC) is very stringent in Sample Project - 7+ Examples, Format, the enforcement of employee privacy. This may prove rather engaging to the MNC and 93 Annual Calendar Cliparts, provide the IHRM with additional duties.
Recent guidance from the EUC has summed up the view that simply obtaining the employees’ consent to the transfer of Project Sheet - 7+ Examples, their HR data is unlikely to Bank Duties provide an Sheet - 7+ Examples, adequate long-term solution for companies engaged in repeated or structural transfers. This is a precarious position because many MNCs wish to export data (in the form of a database) and this issue arises with a centralised HR database scheme. (http://www.workforce.com/archive/feature/24/36/92/index.php). Many international companies wishing to transfer HR data from Dandy Reference Friend Format Writing their European subsidiaries to the United States have found their plans restricted by EUC data protection rules. In broad terms, the EUC authorities do not regard the United States as having sufficiently tight data protection rules in place to make it a safe destination for such data in the absence of additional safeguards. This is becoming an increasingly pressing issue, given the Sample Project, wish of many multinationals to put in place centralised HR databases, often located in, or accessed from, the United States. In order to provide their MNCs with guidance, The United States has created the 93 Annual Sample Stock Illustrations, Cliparts, Safe Harbour Programme operated by Sample Project - 7+ Examples, Format the US Department of Commerce. However, the Security Objective. Objective For Law, Safe Harbour programme is voluntary. MNCs have to Sheet - 7+ Examples, Format voluntarily assign themselves to follow the programme. Resume Bank Teller Duties? Safe Harbour requires the Sheet - 7+ Examples, Format, US parent to certify to the US government that it will conform to certain EU data protection norms reflected in Safe Harbour principles.
The process is relatively straightforward, but many companies incorrectly assume that registration is the final step in the process. Companies still need to make sure that their processing within the EU is in compliance with local data protection rules, which vary from country to country (Clinton-Davis, Harrop, Burr, Hurewitz, Medine, 2006). The Safe Harbour registration facilitates the Advent Poster, data transfer however additional data regulations may still apply. These may include requirements to notify data protection authorities in individual EU Member States, or to adopt specific or group-wide data protection policies or confidentiality agreements. Project - 7+? Further, employees must be given a data privacy notice that explains the nature of the data being transferred to the United States and the purpose of the transfer. Safe Harbour is applicable only to data transfers from an EU Member State to the United States. Alternative compliance mechanisms must be used for transfers to corporate data processing centres in other countries (Clinton-Davis et al, 2006). Not having proper procedure can be detrimental to the MNC.
Spain has a reputation as the most aggressive country when it comes to fining companies over data privacy violations (Dowling, 1999). However, European governments also tend to Poster Printable negotiate with firms to Project - 7+ facilitate an understanding of the law, rather than immediately prosecuting or fining the MNC. Expatriates as a Channel of Functional Resume Influence. One of the ways of Sample Project Examples, Format doing business in the international marketplace is formalize and develop co-operation among expatriates, third-country nationals (TCNs), and Reference Writing, domestic workers. To attain the company’s objectives in a cost-effective manner, management must develop a global mobility strategy through an expatriate policy that searches for and implements best practices (Harris, 2002). Expatriate policy provides the framework for which senior management will deploy their company’s approach to expatriation.
Some factors that attribute to the success or failure of expatriation are: appointment of competent leaders, providing competitive compensation, establishing an appropriate environment that fosters learning, and selecting the right domestic workers who can learn and more importantly want to learn the policies and procedures of the MNC (Harris, 2002). TCNs and domestic workers look at the treatment of the expatriate. Particularly they look at how much compensation the expatriate receives especially if that expatriate performs the same business function. Also included is the development of the ability to Sample - 7+ evaluate national compensation and benefit plans, human resource policies from other business cultural/legal systems, the benefits and Meal Planner Template You Can, liabilities of Project Format different national labour-management relations decision making systems, management assumptions regarding business motivational systems for employees in Countdown, other cultures and key factors and priorities in planning management training programs for international managers (Harris, 2002). International human resource managers play a key role in Sample Sheet - 7+ Examples,, determining appropriate plans and strategies for such pay packages.
When designing these plans to Teller With Bank Duties And ensure successful international transfers, IHR managers need to keep two ingredients in mind: cost containment and a link between expatriation strategies and the company’s global business and financial goals. Sheet Examples,? IHR should consider these factors in every aspect of the organization’s expatriate policies. Alternatively, many companies send employees overseas for Resume Resume For Law the wrong reasons and at unnecessary cost. For example, some organizations reward mediocre employees with international assignments rather than have another individual fill a business need elsewhere, using his or her particular skills and expertise. In these situations, IHR is responsible for challenging operational managers to Sample Project Sheet Examples, confirm whether the assignment is geared to achieve the unit’s business and financial objectives.
In some cases where an employee presence is legitimately needed, the company might instead hire a domestic employee rather than pay the high cost of sending an expatriate and Guard Objective. For Law, their family abroad. One of the ways of Sample Project Sheet Format doing business in the modern international marketplace is to have an optimal synergy among expatriates, third-country nationals (TCNs), and local nationals. To attain the company’s objectives in a cost-effective manner, management must develop a global mobility strategy through an A Free Printable Meal Planner You Can expatriate policy that, in turn, searches for and implements best practices and benchmark studies (Harzing, 1996). From the perspective of the international manager who will have responsibility for significant numbers of employees to understand the emerging role and contribution of the IHRM function to the international business organization strategy including: the orientation of the function to Project Sheet - 7+ contribute to sustaining and improving the competitive advantage of the business organization, the impact of different business cultures on job performance outside our home culture, the critical success and failure factors in long term overseas job assignments and the fundamental differences in comparative human resource systems (Harzing, 1996). The objective of an expatriate policy is to create a comprehensive benefit and pay package that will attract employees to a foreign-country assignment.
The policy should maintain a balance between the package offered to Advent Countdown transferees coming from various business units of the same or different countries and that offered to local employees in the country of assignment. Once senior management has established the policy’s objectives, it then becomes easier to restructure and satisfy business needs necessary for working in the global marketplace (Shuler, 2000). Multinationals are quickly moving to global compensation systems for Sample Examples, their top employees. Fifty-six percent of multinational corporations plan to shift to a more centralized compensation structure during the next two years, up from Resume Objective. Resume Objective 42 percent in 2004, according to a 2006 survey of 275 companies by Watson Wyatt Worldwide (Hansen, 2006). http://www.workforce.com/archive/feature/24/57/31/245736.php?ht=multinational%20hr%20policy%20multinational%20hr%20policy. Among U.S.-based multinationals, 63 percent use the same long-term incentive vehicles and 59 percent use the same grant values across all global locations. Multinationals based in Canada and Europe are even more likely to apply the same vehicles and Sample Project Sheet - 7+ Examples,, values across all geographies (Hansen, 2006). http://www.workforce.com/archive/feature/24/57/31/245736.php?ht=multinational%20hr%20policy%20multinational%20hr%20policy. Using intraregional transfers and TCNs to a much greater extent might reduce the cost and necessity of Teller Resume Bank Teller training an expatriate in cultural differences.
Before transferring a person from the UK to. Singapore for example, the employer might consider whether a regional new hire or regional transfer of an Sheet - 7+ Examples, existing employee (e.g. from Malaysia or Indonesia), or a TCN, might be more cost-effective. Transfer Mechanisms Available. MNCs utilise a variety of ways to transfer their dominant company policy to Security Objective. For Law their foreign subsidiary. These include: exporting corporate culture by having expatriate workers emigrate to the HC, training HC workers and immersing them in the policies and core principles of the MNC, having a centralised base for IHRM operations (usually based in the HC) and Sample Sheet Examples,, having those policies exported to Functional » Functional Resume the various foreign subsidiaries. These methods require a constant vigilance and research on - 7+ Examples, Format, the part of the MNC to ensure that the message they wish to convey is both understood and translates into a positive income stream. Bank And? This has given rise to numerous issues. Cultural misunderstanding is chief among them.
What does a MNC do when they have a foreign subsidiary located in a pre-dominant Muslim country? Do they close when specific Muslim celebrations occur? Do they have minimal staff performing basic operations that is comprised of Sample Sheet - 7+ Examples, Format non-Muslims? Does the MNC that is non-Muslim based adhere to religious based norms? The easy answer is, ‘yes they should.’ However, this isn’t necessarily the case. An expatriate from the HC who may or may not have formal training in the culture of the foreign subsidiary is Teller No Experience Teller, typically employed as the high ranking executive. Project - 7+ Examples,? Even if they have been trained, they may not know the apparent implications that what are socially and culturally accepted norms in Resume Template Example, their HC, meanwhile are offensive in Sample Project Sheet - 7+, their foreign subsidiary.
This for the large part has been overcome by allowing for religious differences and having minimal staff that are not religiously affiliated perform basic operations. For example, productivity may lag during Ramadan, which takes place over the course of a month and as a result employees are who are fasting. This has become an Resume » Functional accepted norm when operating a MNC in a Muslim dominant country. In the Sample Project Sheet - 7+ Examples, Format, increasingly competitive, uncertain, complex world marketplace, multinational companies, unions, and governments must rethink and adjust their human resource strategies and legislative policies again and again. MNCs usually underestimate the influence that differences in industrial relations systems, workplace cultures, and local resistance to certain HR policies can all have on their operations. Unions too often fail to develop effective transnational and inter-union strategies to Printable Template That You Can Use To better serve their memberships in other countries and Project Sheet, cultures.
Public policy makers are torn between policies meant to respond to a need for workplace efficiency, against other policies meant to promote worker equity (Morgan, Kelly, Sharpe and Whitley, 2003). How do MNCs choose to diffuse the policies of the domestic parent company into Bank Teller their foreign subsidiaries, or how do they decide to adopt policies and practices that originate in the host countries? They do this by Sample Sheet Format tackling issues of organized labour’s generally diminishing relative power in a rapidly changing global workplace, then focus on transnational collective bargaining strategies and socio-political action. Finally, by recognizing recent multilateral agreements governing workplaces across borders, the contributors are able to assess the European Union Directive on Here's A Free Printable Meal Template, transnational works councils and labour aspects and agreements (Morgan, Kelly, Sharpe and Whitley, 2003). International HR policy must first contribute to the ‘global comprehension’ of Project Sheet functionaries active in an international setting. ‘Global comprehension’ can be seen as knowing what is going on Character Letter Format, in the global economy and being able to translate the consequences for the organization they are working for, the Sample Sheet, [local] business sector, as well as understanding the impact on the company’s global and local competitors and clients. MNCs are multi-level entities that have socialization mechanisms linking the subsidiary to the rest of MNC (Gupta and Govindarajan, 2000). Crossing traditional organizational boundaries is.
important for the effective use of human assets through common projects, decentralized and autonomous groups, flexible working arrangements and the ability to Here's Printable Template That integrate with the host country. The underlying principle of flexibility was found to Sheet - 7+ Examples, Format be associated with opportunities, organizational climate for innovation and development and the ability to focus and create policies that can effectively utilize the Sample Cliparts, assets available to the MNC. Lyles and Salk (1996, pp. 881-2) postulate that flexibility promotes the learning curve associated with the expatriate process: “by encouraging greater receptivity of organizational members to Project Format new stimuli from the outside, by promoting collaboration and Bank Teller Resume With No Experience Bank Teller, exchanges of Sample Project Sheet - 7+ information within the organization and by granting members greater latitude in Advent Printable, altering activity patterns and ways of doing things to adopt to perceived changing needs an conditions”. Staffing, promotion, training, compensation and appraisal, when applied help MNCs to achieve higher outcomes with their subsidiary. Staffing (job analysis, recruitment and selection procedures) serves as the backbone for IRHM activities of the organization. In MNCs, staffing and promotion practices are closely connected since the MNC extensively uses internal recruitment for all positions, including managerial, and prefer promotion from within to recruitment from Sample Sheet Examples, Format outside. Placement decisions involving internal transfers, promotions, and demotions are also informed by the various selection approaches and by » Functional Example performance appraisals. Sheet - 7+ Examples, Format? Performance management is a process of identifying how closely the actual behavior matches the Here's That, expectations derived from the Project, previous job analysis.
It is Guard Resume, also important to understand the expectations of the Examples, Format, domestic workforce. For A Format? Striving to do less cost them $400 million and Sample Sheet - 7+ Format, half of the skilled workforce. Another important lesson that MNCs need to learn is that the culture, norms and customs of the host country can normally override the Security Guard Objective. For Law, prevailing corporate policy. Muslims require a whole month that is necessary for Ramadan and provision for fasting, for example. Other cultures require time off for family emergencies; the Japanese require an implied guarantee of lifetime employment. Implicit to this is once the MNC has the culture of Sheet Examples, their host country understood and comply with the regulations of the Advent Countdown Poster Printable, host country government’s legislation and policy, business operation runs as smoothly as it does in Sample Sheet - 7+ Format, the parent country. IHRM provides the fundamental resources that human resource professionals require and need in order for their MNC of choice to succeed. Bartlett, C.A., Ghoshal, S. 1991. Managing across borders: the Character Letter For A Friend Format Writing, transnational solution. London Business School, London.
Brewster, C., Communal, C., Farndale, E., Hegewisch, A., Johnson, G. and Sheet Examples,, Van Ommeren, J. 2001, The HR Healthcheck. Benchmarking HRM Practices across the UK and Europe, Cranfield University School of Management and Financial Times, Prentice-Hall, Clinton-Davis, H., Harrop, Sarah J., Burr, Beckwith J., Hurewitz, BarryJ, Medine, D. 2006, Transferring HR Data from the European Union to the United States: Binding Corporate Rules Offer Another Compliance Option, viewed January 8, 2006 http://www.wilmerhale.com/publications/whPubsDetail.aspx?publication=4107062e-c1fe-484c-8b36-5abec6f4745dRSS=true. Dowling, P.J. Welch, D., Schuler, R.S. 1999.
International dimensions of human resource management. Southwestern. Cincinnati, OH. Duane, M. J. 2001. Policies and Practices in Global Human Resource Systems, Westport, CT., p. 2. Gupta, A. and Govindarajan, V. 2000, “Knowledge flows within MNCs”, Strategic Management. Journal, Vol. 21, pp.
473-96. Hansen F. 2006, Many Countries, One Compensation System, Workforce Management, October 23, 2006, p. 28, viewed January 9, 2006 http://www.workforce.com/archive/feature/24/57/31/245736.php. Harris, H. 2002, “Strategic Management of Guard Resume Objective. Resume International Workers” Cranfield School of Sheet Examples, Format Management”, Innovations in International HR, vol. 28, iss. 1 Winter, pp. 1-5. viewed January 8, 2006 www.orcinc.com. Harzing, A.W. 1996, MNC Staffing policies for the managing director position in foreign subsidiaries: The results of an innovative research method, viewed January 8, 2006 http://www.unimaas.nl/
Kanter, R.M. 1991. Transcending business boundaries: 12,000 world managers view change. Harvard Business Review (May-June) vol. 61, pp.159-164.
Lyles, M. and Letter Friend Format Writing, Salk, J. 1996, “Knowledge acquisition from foreign parents in international joint. ventures: an Sample - 7+ Format empirical examination in the Hungarian context”, Journal of Calendar Sample Stock And International. Business Studies, January, special issue, pp. 877-903. Morgan, G., Kelly, B., Sharpe, D. and Whitley, R. 2003. “Global Managers and. Japanese Multinationals: Internationalization and Management in Sheet - 7+ Examples, Format, Japanese. Financial Institutions”, International Journal of Human Resource Management, vol. 14, Noe, Raymond A., Hollebeck, John R., Gerhart, B., and Wright, Patrick M. 2000.
Human Resource Management: Gaining a Competitive Advantage 2nd ed. New York, pp. 3-5. Perkins, Stephen J., Shortland, Susan M. Rosenzweig, P. and Nohria, N. 1994. 93 Annual Sample Cliparts? “Influences on human resource management practices in multinational corporations”, Journal of International Business Studies, vol. 25, iss. 2, pp. 229–51. Hindu Caste System.
This system dates almost 3000 years back and Project Sheet - 7+ Format, was formed based on Here's A Free Printable Template That Use To, the need to form social order in Sample Sheet Examples,, ancient India. It is still very prevalent in India’s society. It occurs more in rural villages than in large urban cities, however the caste system is very prevalent in Guard Resume Objective. For Law, social matters such as kinship or marriage. These four groups or varnas are considered “clean castes.” Typical roles of these four varnas: Brahmans – priests, holy men, arbiters. Kshatriyas – kings, warriors, soldiers that protect and guard the country. Vaishyas – businessmen, traders, commercial class. Shudras – farmers, peasants. Below the four varna castes exists a fifth group – The Untouchables. This group is not mentioned in Sample Sheet Format, the Vedas Holy Records until the Bhagavad-Gita and they are considered outside of Advent Countdown human society and of no caste. Unlike the upper four, The Untouchables are not considered “twice-born,” and as not having gone through the Hindu sacred thread ritual initiation.
The fifth varna is deemed “unclean” and Sheet - 7+ Examples, Format, “polluting”. Their role in Dandy Character Letter Friend – Letter, life and society is to perform menial, degrading jobs. The Untouchables are known by Sample - 7+ Examples, Format a variety of names. They call themselves “Dalits”, priding themselves for Security Guard Resume Resume Objective the struggles they have fought against injustice. Mahatma Gandhi called them “Harijans” – Children of God – when he adopted, against the caste rules, an Untouchable child. Sample Project Sheet Format? Finally, the Untouchables are also known as the “Scheduled Castes” after an amendment to the 1935 constitution was set to protect them in society both economically and socially. http://www.friesian.com/caste.htm viewed January 9, 2006.
Smith, Brian K. (1994). The Ancient Indian Varna System and the Origins of Caste. Oxford University Press, pp. 1-55.
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This week Mr. Roy Chason, Senior Manager, Admissions and Dandy Character Reference Letter Friend – Letter Marketing, CEIBS, joined the show to Sample - 7+, talk about Mainland China’s top ranked MBA program. Started in Functional Format Resume Resume Example 1994 with a joint arrangement between the Chinese Government and the European Union, the CEIBS MBA was ranked 15th in Sample Project Examples, Format the world by the Financial Times in 2013. What differentiates this program is its reputation and reach in China. The school boasts over 13,000 alumni, many of whom are top level executives in China. 3 of the 15 required classes have a purely China focus. 93 Annual Sample Stock Illustrations, And? And the vast majority of faculty whether Chinese or foreign are based in Project - 7+ Examples, China and A Free Meal Use To consulting for companies doing business in Sample Project Sheet - 7+ Examples, Format China. Yet the school is also very international.
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So students have a few months to look for jobs. Career services include: 1) almost 80 companies present on Guard Resume Objective For Law, campus (Apple, Novartis, Chinese MNCs) 2) networking events 3) interview training from professionals. Cheng Wei Fund for CEIBS students Coordinated degrees with John Hopkins and the Fletcher School of Project - 7+ Format, Law and Diplomacy CEIBS has free GMAT simulation test with database of over 5,000 GMAT questions. If you’ve found the podcast at all helpful or entertaining, we’d love if you could click over to Resume » Functional Example, our iTunes page and give us a positive review. Or leave a comment below. If you know some ways we can make it better, please send us an email: [email protected] Let us know what you’d like to hear on the podcast! Darren: I’m here with very special guest, Mr. Roy Chason, who is the Senior Manager, Admissions and Marketing of the China Europe International Business School, which is better known as CEIBS, of their MBA programs. So, it’s a pleasure to have you on the show, Roy!
Roy Chason: It’s a pleasure to Project - 7+ Examples, Format, be here, thank you very much for inviting me! Darren: Roy, could you tell us a little bit about your background and how long you’ve been at CEIBS and what you were doing before? Roy Chason: Sure. I did my BA Degree in the US at UCLA and then I went on to do an MBA in Europe at one of the top European schools. But, I’ve had a love for Resume » Functional Resume, China since almost 1996, which was my first time when I came here for language study.
And then I fell in love with the country since then and I’ve been back and forth working in different positions and Sheet - 7+ areas of essentially marketing and business development over the last ten years. And most of the Letter For A Friend, positions have involved China. I think China essentially evolved from what it used to be to what it is today, which is almost completely different. This last year I came to Shanghai with my wife and since then we are here and working at CEIBS. I work as you said as the Sheet Examples, Format, Marketing Manager to push the program and talk about what this program has to offer to international students worldwide who are considering a Global MBA. Darren: What an incredible perspective to Functional Template Resume, have.
I can’t imagine what Shanghai must have been like, or any part of Sample Project Sheet - 7+ Examples,, China for that matter, in 1996. And to see it today, in 2013, what an Security Guard Resume Objective amazing window to Sample Project Sheet Examples,, see the country! Roy Chason: Yes. For example, I remember in 1996 I took an overnight train, it took about 20 hours I think from Beijing to Shanghai, it was with my Japanese roommate at the time, Jita, and Dandy For A Friend – Letter we came down here to Sheet Examples,, stay one night. We were very excited because in Shanghai they had 24 hours of hot water at the Fudan dormitories where we stayed, because in Beijing we only had two hours of hot water. Then we went across the river and went into the Pearl Tower, the famous, emblematic tower of the Bank, city, and Sample Project that was the only building around on Bank Teller Duties, the Pudong side, on the east side of the river at the time. There was nothing around except farmland. That’s completely different than what’s happening today, obviously. You know now they’re building I think the Sample Sheet - 7+ Examples, Format, third building over a hundred stories right next to this and the whole east of the city has filled up and become a huge metropolis. So, yes, it’s almost unreal and it’s almost unexplainable, the 93 Annual Calendar Stock, difference between Shanghai then and Shanghai now.
Darren: Amazing! So if we could talk a bit more about CEIBS. We know CEIBS had a very early start in China for Project - 7+, a business school, but what makes the CEIBS MBA unique and what makes it unique in China? Roy Chason: I think what makes it unique is the fact that it’s a top tier Global MBA program in the world’s fastest growing economy. I think today we can proudly say, although we don’t have the history of Harvard or Wharton or some of the other schools in Europe, we definitely have the framework to become and to be one of the leading schools in For A Writing the world and as most of you know we were ranked #15 by Sample Format The Financial Times this past year, which is Guard Resume, just an Project Sheet - 7+ Format incredible feat for Functional Template Example, a school that is so young. As you said, we started in 1994 here in China, so we’re less than 20 years old, and since then we’ve really grown to the leading business school in China, which offers a global education which is comparable to anything you would get at a top tier school in Project Sheet - 7+ Format the US or Europe. And it gives a very unique and Dandy Character Reference Letter For A – Letter Format distinct feeling of Project Sheet - 7+ Format, being in China, as China is Bank Teller Resume No Experience Bank Teller And, becoming more and Examples, Format more open to the world.
I’ve been here as I said since 1996 and Chinese culture, Chinese history is so unique, so grand and sometimes even mysterious that even I haven’t begun to understand China to the fullest. So this gives the Advent Countdown, opportunity to people who are interested in becoming part of what’s happening here in Format China and Security Resume Resume Objective For Law the opportunity to really firsthand live this change, to get to understand the society, the culture better and to receive at the same time a global education that’s comparable to any top tier school, while learning the unique facets and the unique intricacies of the Sample Project - 7+, Chinese economy and the way of doing business here. So I think it’s this combination that makes it very much unique as a global business school. As a Chinese business school, it’s very important to know that we’re very, very different than most of the Dandy, other programs out there, because in China you either have a program sponsored by the major public schools, like Beijing University, Fudan or Shanghai Jiaotong University, which are historically the well-known universities here in China, and then you have some foreign programs which have recently launched programs in the last years. Just to Project Format, very quickly make the Advent Countdown Printable, distinction, the universities, and they’re very good ones, are very much public universities, they’re owned by the government, they’re given funds by the government and the classes very much go the way the traditional classes have gone here in China in terms of lectures, type of Sample Project Sheet - 7+ Format, classes, in terms of the ambience, the Printable Meal Planner Template That You Can, atmosphere that the students feel there, and Sample Project Sheet - 7+ Examples, Format obviously this has its pluses and minuses. That’s on the one side and on the other side we have the global business schools which have come in Security Guard Resume in the last few years and there are of course some good ones and some are very well-known names, but in general these are relatively new schools. Sample Project - 7+ Examples, Format? Most of the professors that they have are flying professors, so people perhaps that are teaching in Boston or New York and A Free Printable Meal Planner Template are coming to teach a course here in China. I think in that respect we’ve found the - 7+, sweet spot that we’re on the one hand very much a Chinese school, a third of our faculty are from China and of course our staff and most of our administrative body is also from China, but on the other hand we’re the China Europe International Business School, so since inception we were started along with the European Union, we have an European dean, we’re a completely independent body. So we’re not related directly to Resume Bank And, any of the universities here in China or any external university and Project Sheet - 7+ our foreign professors, which are about two thirds of our staff, most of them do live here, they work here, they understand China. So it’s this kind of fusion of East and West, the independence that we have as a joint venture between China and the European Union and Character Letter Format the very, very global atmosphere that someone feels here, about 40% of Sample Project, our students in the MBA program are international students, is I think the unique sweet spot which makes this program so, so different than anything else you can find in China and also anything else you can find anywhere else in the world. Darren: I noticed that a large part of Bank Resume No Experience Bank Duties, your core curriculum was focused on China-based courses, like China human resources, China economic reforms and Sample - 7+ Format China within the Teller No Experience Bank Teller Duties, world, which I found to be very unique.
So your professors are really China experts, whether they’re local or foreign, right? Roy Chason: We do get sometimes visiting professors coming from Project - 7+ Format, abroad for short periods of time that teach specific courses, but the majority, I would say our permanent staff of professors, are definitely China experts and most of them, again, have lived here and operated here for many years and do consulting for Chinese companies or multinationals doing business in China. So it really is bringing the best of Security Guard Resume Resume For Law, both worlds, the kind of global, modern management practices along with the knowledge of Sample Project Sheet Format, how business is done here, which is very, very different, as most of you know, than is done in Countdown Poster most western countries. Darren: Just one interesting question to Sample Sheet - 7+ Format, you might be, because you’ve done an MBA in Dandy Letter – Letter Europe and now you’re helping to run this MBA program here in Sample Sheet China. What differences do you notice between those two experiences?
Roy Chason: I think a lot of the European programs are very global programs, so they definitely have a kind of Here's Printable You Can, global outlook, most of the people going to study in Switzerland, Spain or France don’t necessarily have the Sheet Examples,, intention to stay there afterwards or continue to work specifically with those countries. I think it’s very important to Guard Objective, emphasize that we are a global business school and Project - 7+ Examples, Format we have the Chinese component. The fact that 60% of our student body in Here's Meal That the MBA are Chinese, the fact that our alumni network is composed of in a large majority Chinese executives from all over China of very high level and many of Sample Sheet - 7+ Examples, Format, them c-suite executives in their companies means that the clear advantage of our program is Guard For Law, China and Asia and that’s I think what makes our program so unique and so distinctive. Darren: And on that note I saw on your website that your alumni network is composed of over 12,000 of these prominent alumni. Roy Chason: It’s already up to 13,000. Darren: 13,000, okay, that’s a huge number. Examples,? But my question is how accessible are they to students? Roy Chason: I think they’re very accessible.
Obviously, it really depends on the person you’re contacting, but I think one of the big advantages of our school is this alumni network for the clear reason that China relationships and also belonging to a unique community like CEIBS holds a strong value for a lot of Format Template » Functional Resume Example, our Chinese alumni coming out of here and Sample - 7+ Format many of them show a very high level of loyalty to the school because of their experience here, because of the CEIBS brand across China, which has a very high value. So in Bank Teller With No Experience Bank And many cases obviously once our graduates do graduate or even during the program they very much do have access through our database to reach these people and in most of the Sheet Examples, Format, cases they’re more than willing to help in whatever way they can. Also, during the MBA program, we offer what’s called a mentoring program, and Functional Resume » Functional the mentoring program essentially matches our executive EMBA alumni, that are currently out on Sheet - 7+, the market, that have some experience behind them, with our MBA students, and Here's A Free Use To they give them mentoring in Sample Project Sheet Examples, terms of Functional Format Resume Example, better focusing their career, giving them some tips in terms of how to do business here in Project Sheet - 7+ Format China and so on and so forth. And this is just one example of the Poster Printable, very unique intermingling we have between the executives and the MBA students here at Sample Sheet - 7+ Examples,, CEIBS. Darren: Are there any new, exciting developments with the CEIBS MBA this year?
Roy Chason: All the Functional » Functional Resume, time. We’re constantly launching new programs and Project Sheet - 7+ Examples, Format improving and evolving the program and this year we’re launching the Entrepreneurship Concentration, where students can take up about eight to nine classes in the area of entrepreneurship, both the first and the second year of Teller Duties And, school and concentrate on Sample Project Sheet Format, that. On our website, if you check it out, we have many, many tools for Sample Illustrations, Cliparts And, entrepreneurs. One of the most I think unique and exceptional ones is the the CHENGWEI venture capital firms that essentially are in-house VCs that operate out of CEIBS and invest in student run initiatives. Sample Project Sheet Format? The CHENGWEI fund has $100 million to invest in such ventures, so I think it’s something very, very exceptional and attractive in that respect. Other things other than entrepreneurship would include the John Hopkins and the Fletcher School Program.
The John Hopkins Program is what we call a coordinated degree between CEIBS and the John Hopkins School of Security Guard Resume, Public Health, its main focus is for people who want to go into the healthcare and public health sectors, whether it be in Sample Examples, China or other places around the Character Reference Letter Format Writing, world. And as you know the whole healthcare sector in China is booming in a way that’s difficult to explain in terms of the Sheet, opportunities that are offered here. So that’s one program and Advent Countdown Poster the other one is along with the prestigious Fletcher School of Law and Project Examples, Format Diplomacy and again it’s a coordinated degree between our MBA, so you get two degrees, one is our MBA, and then the Functional Template » Functional Resume, Fletcher Master’s in Law and Diplomacy. Both these degrees are done in a shorter period of time and the student can spend some of the time here in Shanghai and then in the US at each of the schools, depending on the degree they choose. So these are just part of the exciting developments. We have others, but I think our time is limited so I can perhaps talk about them a little bit later on. Darren: Got it. Examples, Format? I’ll be sure to link to Functional Format Resume Template » Functional, your coordinated degrees, as well as that VC based within CEIBS to invest in students. So I’ll link to both of those in the show notes. And, Roy, why should candidates get their MBA in Shanghai of all places?
Roy Chason: Well, if you’ve seen our brochure, it’s very simple. We say, “Location, location, location.” I think there’s no doubt that the Project - 7+ Format, people out there are listening and are thinking, “Where should I study? What should I do?” I tell prospective students all the time, there’s a famous quote by a gentleman called Wayne Gretzky, he’s a famous hockey player from Canada, and when he was asked what’s the secret to his success in hockey he said essentially it’s, “Don’t go where the puck is, go where the puck will be at.” And the issue is when right now young people are considering their MBA, it’s not enough, and Functional Resume I think I can’t stress this more, to Sample Project Sheet - 7+, look at the current economic situation in the world and say, “Okay, I want to Bank Teller Resume No Experience Teller Duties, study in the US or I want to Sheet, study in Europe or even I want to 93 Annual Calendar Sample Stock Illustrations, Cliparts And, study in China.” Everybody knows that Asia is right now booming, but the Project Examples,, issue is just ask yourself where will Asia, China, Europe, the US and the rest of the world be in 10 years, 20 years? Where will you be in 10, 20 years? Where do you want to Poster Printable, be? And my argument is very clear to Sheet, say back in the last century the place to Template Example, be would have been a place like Manhattan in New York. I think right now, in Sheet - 7+ Examples, the 21 st century, Shanghai is no doubt the Character Reference For A Friend, place. It is really the center, the economic center of Asia and I think in the next few years it will become the economic center of the world and I think the trends are clearly there.
Shanghai is an international city, it has a huge expat population, many foreign residents of very experienced and very high levels in different companies are situated here, in Shanghai. Actually CEIBS is Project Sheet Format, located in a very international residential neighborhood. Bank Resume With No Experience Teller Duties? Right across our school we have top high tech and med-tech companies from Project, all over the world, multinationals, stationed here. Of course in the neighborhood live essentially Americans, Europeans, Latin Americans from Bank Bank, all over - 7+ Format, the world, Asians, of Here's A Free Printable Meal Template, course, Koreans and - 7+ Japanese, that work in Dandy Character Letter For A Friend – Letter Format these companies. So coming to Shanghai you’re more or less putting your bets into where I think most people would argue the future is. It’s building yourself a base in Project Examples, one of the most dynamic, if not the most dynamic city in the world. It’s coming to a city that’s very much a global city that has its unique Chinese traits and Dandy Character Writing has its very quaint and historical areas, but today has become very much a global city with all the Project Examples,, advantages and some would say disadvantages of a big metropolis, which is a very vibrant night life, cultural life, vibrant business, community, of course, huge transport system. I would say that the city does suffer sometimes from For A Friend – Letter Format Writing, a lot of Sample Project Sheet - 7+ Examples,, traffic, but you have a great underground and a very cheap metro system. And sometimes there’s more pollution than I would like to have, but in general it’s a very, very pleasant city to live in and it’s actually becoming more and Bank No Experience Teller Duties more pleasant as the government here is trying to Sheet - 7+, make Shanghai a more modern and Dandy For A Friend Format Writing essentially a global, modern city. Darren: But what would you say to Project Sheet - 7+ Examples, Format, candidates who are almost intimidated by the whole thing? They say, “Well, I would love to Teller No Experience Bank Teller And, work in China, but I don’t have a Chinese language background and can I, as someone who’s not Chinese?” We’ve all heard of guangxi and - 7+ the importance of guangxi in China, but can someone without any sort of connection to China come to Format Template » Functional Resume, CEIBS and make a good career for Project, himself or herself after the program?
Roy Chason: I think very much so. I don’t think that you need to have any China experience to successfully incorporate yourself in China or with China after you graduate. I think there’s one very, very clear prerequisite and that means a person has to be flexible and open-minded when coming to China. I would definitely not recommend this program to the typical MBA profile that’s considered their whole life to go to an European or to an American school, that wants the job right after graduation, consulting and Dandy Reference Letter Format investment banking. That’s not the typical profile we normally go for. The profile that is attracted to Sample - 7+, CEIBS are people that have a lot of initiative, flexibility, open-mindedness, a desire to learn more, curiosity.
If you have that, then I think you can make yourself a very interesting career in China and find opportunities that are unlike any others you would find in the world. Now the caveat here is Character For A Friend – Letter Format, that Mandarin is Sample Sheet Format, still a barrier, this is not an English speaking country. Although our program is completely done in English and the atmosphere within CEIBS is very much international and English-based, the bottom line is that the Countdown Printable, opportunities after one graduates without Mandarin are more limited. So this is where the initiative and the flexibility have to come through, because I know many graduates of ours and Project Examples, Format many people that are my neighbors and live here, in Format Template » Functional Resume China, that don’t speak a word of Mandarin and are doing some incredible business here. But the bottom line is that the Sheet - 7+ Examples, Format, opportunities without Mandarin are fewer, and that takes more initiative, more creativity and more I think foresight into seeing where your personal strengths are before the Teller With No Experience, MBA, after the MBA, once you have the knowledge and Sheet - 7+ being able to Character Reference For A Friend – Letter Format, incorporate that after you graduate. And that means either finding new and interesting opportunities both here in China as well as opportunities perhaps in your home country, in a third country with China.
That’s I think where it gets interesting. I would just like to Sample Project Sheet - 7+ Examples,, emphasize though that we do have many international recruiters coming here to China from the multinationals and we’ll talk about it a little bit later, but do come and hire for global leadership positions here, many of them that don’t have a Chinese language prerequisite. So the opportunities definitely do exist and are very, very interesting, but are much more limited for foreign students who don’t possess fluent or highly proficient Mandarin. Darren: So flexibility and initiative. Make sure those of you who are interested in CEIBS convey those traits in your applications as well.
Darren: Roy, if we could talk about admissions, I saw that CEIBS has three deadlines, but can you just walk us through the application process? Give us a high level summary of what happens between when someone submits an application to Security Resume Resume Objective For Law, when they hear back from Sample Project Sheet - 7+ Format, you. Roy Chason: Okay, excellent. Teller Resume With Bank Duties? We have three rounds, as you just mentioned, commencing in September, you’ll see the deadlines of course on our website. You can submit your application anytime before the deadline of that specific round, but you will only be notified after the deadline and in terms of your acceptance. A little bit regarding the process, first of Sheet Examples,, all you submit your online application and after the Here's A Free Template That You Can, deadline period arrives you will be notified within a few days after our initial review, looking over your application, if it’s a go or no go, if we think you met the minimum requirements to go further in the process. So if you receive the go ahead and Sample Project Sheet the green light, we will send you an interview date. If you live abroad, you can do the interview by Skype, or if you’re nearby we would be glad and prefer actually that you come over to our campus in Shanghai and interview with us directly. And that interview holds a lot of weight. So essentially once we have all your application information analyzed and then the interview analyzed, we will inform you about two three weeks afterwards whether you receive the Character For A Friend Format Writing, final yes or no, accepted or not accepted into Sheet Format the CEIBS program. I very much also encourage most students to apply early.
That means by the first round or the second round, if you can. And that is for two simple reasons. One is that there are more places available in the beginning rather than at Calendar Sample Cliparts, the end. Once we fill up the places during the first and Sample - 7+ also the second round, there are less spaces available for candidates who come during the third round. And the Bank Teller No Experience Bank And, other issue is scholarships. Project Sheet Format? We have a pool of scholarships here, which we can talk about in Security Guard Resume Objective. a bit, and those usually get also taken up during the first and second rounds, with few available during the third round. So definitely apply early and I would say to most of you start thinking about applying in September, if you can. Darren: I noticed that your average GMAT score is quite high, especially for an Asian business school, it’s 690. Sample Project Sheet Examples, Format? So I wanted to ask if CEIBS has a minimum GMAT score first of all and second of all if candidates score below that average, what can they do to improve their chances of getting into the program?
Roy Chason: Some students have a fear and Countdown Printable an obsession about their GMAT. In most cases I would say that that fear is unwarranted and I think the GMAT should be thought of Examples, Format, as a very important component of your application, but not as the main component of your application. Now, we don’t have a minimum score, our average GMAT score is 690, so I would say that most Chinese students and Korean and Indian students on average have a higher score than students coming from other countries. That’s a big generalization, there are obviously many exceptions, but that’s very much true. But if we’d just look at the GMAT, we wouldn’t have a very diversified class. Functional? The whole selection process at CEIBS is very much from a holistic point of view.
So we would like you to have a strong GMAT so we know you can succeed in our classes, especially the Sample Sheet, quantitative, like Finance and Counting and Functional Format Template » Functional Example so on, it’s very important that you have a strong analytical base in terms of numbers. But on the other hand it’s not rocket science or calculus or anything that we do. If you’re within the Sample Project Sheet - 7+ Examples, Format, 600s of the GMAT, you have a reasonable chance to be accepted if you have a strong application. Below 600 is tricky and although we do make exceptions, it would be on a case by case basis. So to answer the second part of your question, essentially if you have a lower GMAT, let’s say within the lower 600s, then I would very much encourage you to work on your other things, which means your interview skills, because the Bank Teller Resume With Teller Duties, interview holds a very important part of the application, process to Project Sheet Examples, Format, highlight your international experience, any certificates you may have, honors, awards, extracurricular activities that you do, you can always also mention in your essays. Work on 93 Annual Stock Cliparts, your essays, show your maturity, your self-awareness, your determination, your focus for Sample Examples, Format, the interviews and as well as the essays. Most of our people that work here have gone through hundreds, if not even some thousands of essays and Dandy Character Reference Friend – Letter Writing interviews, so we know very much to be able to screen and to look for people that are frank, honest, have a certain amount of self-awareness. Don’t script your interview or don’t overanalyze your essay.
Be real, know what your focus is, know where you want to go in terms of after the MBA, know what the added value of the CEIBS program can offer to your career and be able to Project Sheet Examples, Format, synthesize that well while with us and in front of Advent Printable, us. And I think if you get that component right and combine it obviously with if you have a good GPA, that can help, or if you’ve gone through a top tier university, all of these different types of Project Sheet - 7+ Format, components, including your GMAT, your grades, your certificates, your work experience, this is another issue that I forgot to Bank Teller With, mention. Definitely highlight your responsibilities, where have you worked, what you would like to do after the MBA and also what you think your career placement possibilities are once you finish the MBA, because that’s very much important. Placement is in our priorities, to Sample Sheet - 7+ Format, be sure that if you’re a candidate coming in that you’ll find work quite quickly after you graduate. Darren: Wow, Roy, you just dropped a lot of Character Reference Letter Format Writing, value bombs there! Do many candidates take the CEIBS Admissions Test?
I noticed that you also have an alternative test to the GMAT. Roy Chason: We encourage you to Sample Project Examples,, take the Functional Template » Functional Resume Example, GMAT, because obviously the GMAT is Examples,, applicable to other schools, but yes, we do offer the CEIBS Exam as an Poster Printable alternative during the end of the second and third round. It’s not relevant for Sheet - 7+ Examples,, the first round candidates. For those interested, they can come to our Shanghai, Shenzhen or Beijing campuses. The MBA by the way is Calendar Illustrations, Cliparts, taught strictly out of the Shanghai campus, but we do have other campuses for executive programs in the south and north of China and you can come to any of Sample Project Sheet Format, these three campuses on the specific date of the CEIBS Exam, which is given twice a year, and you can take the exam there. The examination is, unlike the Character Letter For A – Letter Format Writing, GMAT, a paper test, but it reflects the Project - 7+ Format, first two sections of the GMAT, the multiple choice sections of the GMAT. Guard Objective. For Law? We do not ask for an essay or the new Integrated Reasoning like the Sheet - 7+ Examples, Format, GMAT asks for.
Darren: Okay, so if you’re in China, then that might be a good option, but the majority of candidates will be submitting GMAT scores. Roy Chason: Again, if you live around the area or you would like to come to Shanghai for the first time, which I very much recommend, then it could be a good opportunity to come see the school and see Shanghai and then take the exam, so killing two birds with one stone. Darren: And you already told us a number of things candidates can do to improve their chances of admission. Bank Teller Resume No Experience Bank Duties And? Are there any other tips or things you wish more applicants knew about when they were applying to CEIBS? Roy Chason: I very much encourage the students to do their due diligence to find out more about China, about CEIBS, and talk to our students. We have kind of an Sample Project Sheet Format open door policy, so you can go on our website, we have a link that says “Talk to our students” and Dandy Letter For A Format you can contact our student ambassadors and speak with them. They come from different countries, different sectors and industries, you can try to Sample Project Sheet Examples, Format, find the one that matches your profile and what you would like to Poster Printable, know about the school. Or you can just send me an e-mail and tell me a little bit of Sheet Format, your background, what type of graduate or current student you would like to speak to, whether it be in the type of function you want to do, let’s say you want to go into consulting or into Functional Resume Template Resume a certain industry, like IT, and we’ll be glad to put you in touch.
Darren: I’ll be sure to Sheet, link to both the Bank Teller No Experience Bank Teller Duties And, student contact ambassador pages and Sample Sheet - 7+ your e-mail, Roy, in the show notes. Darren: If we could talk about financing the CEIBS MBA, I notice your tuition is roughly around US $61,000. Security Guard Objective. Resume Objective For Law? What percentage of your class gets scholarships and Sample Project Sheet - 7+ what are your average scholarship amounts? Roy Chason: Good question, Darren. We’re not a cheap program. Definitely $60,000 is Dandy Reference For A Friend – Letter Writing, not small money, but if you compare it to other top tier schools around the world, I think it’s still very much a considerably better value in terms of an Sample Project Format 18-month program. So the tuition is about $60,000, I think it’s also important to consider the cost of living.
Shanghai, I always say, is kind of Countdown Printable, a two-tier city, because if you want to pay a lot of money, the Sample Project - 7+ Examples,, city probably offers the most opportunities than any other city in the world. There are a lot of very expensive places to go to A Free Planner Template That Use To, and very expensive restaurants, where you can pay hundreds of dollars for dinner for - 7+ Examples, Format, example. So there’s no lack of that. But if you want to live a more modest life, it’s very much possible as well in Shanghai, whereas it might be more difficult to do in other European or American cities. So things like using the Security Resume Objective. Resume For Law, public transport, there’s the metro, living here at the dorms in Sample Project our community, even taxis are relatively cheaper than what you would find in most Western capitals. So that is Countdown Poster, also something to consider. I think if you live in kind of a modest way and Examples, Format eat a lot of Countdown Poster, meals here at Sample - 7+ Examples,, our business school here, then you can get along with around US $800 to US $1,000 a month. Countdown? If you take that considered with the Examples,, tuition, I think it’s a very valuable offer for a top tier business school. Nevertheless, we understand obviously that some students have difficulty in meeting that and Here's Planner Template That You Can Use To we do offer scholarships. Most are merit-based scholarships.
Around a third of our students receive some form of scholarship, financial aid, from us, once they decide to come to CEIBS. We do have scholarships in our scholarship pool, which our candidates are automatically submitted to once they apply. Sample Project? That means all the CEIBS scholarships that are given by us, the school, based on merit, they can cover between 25% up to almost 80% of the tuition fee, those scholarships are granted once you receive your admissions notification. So for example, and this goes back to your question about the GMAT, Darren, although you may be admitted with a GMAT score lower than 600, you might consider retaking the GMAT if you want a better chance to get one of Guard Objective., our merit scholarships. So that is Sample - 7+ Format, where the GMAT score holds a lot of importance. By the way, as a side note, I would just like to say and perhaps you would like to Format, link to Project Examples, Format, it, Darren, we do have a state of the art GMAT model exam or simulation exam on our homepage. So I encourage all of you studying for the GMAT to Dandy Character Letter Friend Format, go into it, it’s free of cost, there’s a database of Project - 7+, more than 5,000 questions, it’s one of the No Experience Teller And, most sophisticated GMAT exams on the market today. You can use it for Project Sheet - 7+ Examples, Format, free, online, on Guard Resume For Law, our website. So I definitely encourage you to practice that. But back to your question about Sample Project Sheet - 7+ Format scholarships, then, yes, you will be advised whether you’ve been granted a scholarship with your admissions letter, saying that you have been accepted. So, again, if you apply in the first round, there are many more scholarships available and that’s why I encourage first round applications, as well as the second.
Third is a bit more tricky. In addition, we have a few other scholarships, which you will see online, under our Financial Aid section, which you can apply for Poster, separately, like the Shanghai Government Scholarship or some company sponsored scholarships. And those you would be notified for separately. - 7+ Examples, Format? But for the majority of scholarships that we offer, you don’t have to apply for on a separate basis, just by Resume Example sending in Sample Project Sheet - 7+ your application you’re automatically considered and Resume No Experience Bank Teller Duties And notified with the admissions statement. Darren: And what about Sample Sheet student loans in China. Are international students able to get loans at Chinese banks?
Roy Chason: No, international students are not able to get loans from Chinese banks. Printable? There are a few options, we do have several collaboration agreements for example in Germany and in India with Credila and in Mexico with some agencies that do offer types of loans. As you know, we cover world but we’re an - 7+ Format Asian school, so we haven’t built collaborative agreements in every country. I would definitely encourage students to find opportunities in their local market for student loans. For Law? In many countries, student loans are offered by - 7+ banks and I encourage you to go that route. We might be able to have a few student loan guarantees this year for some international students, but it’s a new initiative and I’m not sure if it’s gone through complete approval yet with some of the Chinese financial institutions we work with. Security Objective? If you want more information regarding that, just send me an e-mail and I’ll be glad to Project - 7+ Examples, Format, inquire and tell you the Functional Format Resume Template » Functional Resume Example, status of that case. Darren: Yes, that would be a great initiative, if that passes, I think that would help a lot. Wow, it sounds like there’s a number of really outstanding scholarship opportunities for CEIBS applicants. Roy Chason: This year, we have almost $1.8 million in scholarships, so it’s not small money. Darren: If we could now shift the - 7+, focus to career opportunities for Functional Format, CEIBS graduates.
What is the MBA’s reputation with employers? It sounds like with employers in China, it’s very strong, but I’d also be curious to know the degree’s reputation with employers outside of China. Roy Chason: The answer is “that depends.” We definitely don’t have the brand recognition as a Harvard or a Wharton for the simple reason that we’re a relatively new school. On the other hand, we are definitely known in Sample Examples, Format different sectors, in Guard Objective. Resume different areas. Sample Examples,? So in Security Objective. Resume many multinational companies that do have kind of an Asian focus, they definitely would know CEIBS and definitely in certain sectors, consulting and so on. What I would definitely encourage though is foreign students coming in here to Sheet Examples,, try to Calendar Sample, find a job opportunity in Project Sheet Format China if they can, because the name recognition of CEIBS amongst local and multinational companies operating here is very, very high and very prestigious. Of course, outside of China, it’s going to take time, we’re working on getting our global branding around the world. But, again, people’s expectations should be in line to Countdown, know that there’s a very good possibility that perhaps if you do have a CEIBS degree when you return back home, that it’s not necessarily something that’s going to be recognized by the people you interview with at firsthand.
It’s important to know that we do have The Financial Times ranking, putting us up there with the top tier schools, but, again, branding is Project Sheet Examples,, something that takes years, if not decades, and slowly we’re working our way across different regions of the world, but that takes due time. Darren: I appreciate that earnest answer. I noticed 60% of your foreign student body ends up working in China, at least from last year, so how many of those stay in Shanghai? Roy Chason: I think the Advent Poster, majority stay in Shanghai. I don’t have the Sheet Examples, Format, stats in front of me; we actually have a career board which details all the different numbers and does different statistics in 93 Annual Stock terms of the career placement after graduation. But the ones that do stay, I would say the majority stay in Shanghai after they finish and some decide to go to - 7+ Examples, Format, cities like Beijing, where there are plenty of opportunities, or even Southern China. I would like to add one more thing. It’s very important to know that right now is a peak period for Western China.
A lot of the Guard Resume Objective For Law, cities that in the past were not developing like Shanghai and Beijing are now seeing incredible growth rates. Cities like Chengdu for example in the Sichuan province or Xi’an in the northwest or even as far as Guizhou, which is in the southwest, these are areas in China that are now experiencing incredible double-digit growth, 12%, 14%, 16%. The number of foreign students there with foreign expertise is probably even higher than you would find in Sheet a city like Shanghai, although in some cases you would need a decent level of Bank Teller Resume With No Experience Bank Duties And, Mandarin. Sample Sheet - 7+? But the opportunities there are just absolutely amazing and fascinating and a lot of these cities also have a very nice quality of life as well. So I would definitely encourage people, if they want to live the Calendar Stock And, Chinese experience to the fullest, even considering perhaps taking a smaller salary, you have to Sheet - 7+, consider that these cities have a much lower cost of living as well, and Security Guard Objective. Objective For Law then thinking of living a little bit of the modernization of Western China. I recently landed in airports in Xi’an and Chengdu and I was just awed at how modern and how big and just amazing they were. They’re no longer these outback cities, but rather in the first line of modernization and have a lot, a lot of opportunities on offer. Darren: And how long can a CEIBS graduate stay in China to look for a job? Let’s say someone wants to Sheet - 7+ Format, explore an opportunity in Chengdu and needs to Countdown Poster Printable, build contacts there after graduating.
How long can international students stay? Roy Chason: Our visas are until graduation, which is in April. So our foreign students who want to start Mandarin, who want to take the Chinese intensive course, start in June, otherwise our classes begin in mid-July, and Sample Project - 7+ Examples, then most of our students, depending obviously if you’ve taken any summer courses or if you’ve done exchange or not and Security Objective. Resume where you’ve done exchange, can finish around January the following year, January or February. Our graduation day is in April, so your visa is applicable from when you start until the April graduation and you have that window of opportunity when you finish your classes until the April graduation to stay here and Sample Project Sheet - 7+ look for job opportunities. Darren: Got it. And, Roy, can you highlight one or two ways in Security Objective. Resume which Career Services helps students find jobs? Roy Chason: Yes, Darren, there are many ways in which Career Services can actually help students and I very much try to Sample Project Sheet - 7+ Examples,, always emphasize that the Career Services Office at CEIBS, although offers a really large amount of support and different services on offer to our students, students should never rely on Bank Teller Resume With No Experience Bank Teller, it as an exclusive source for finding their jobs. And sometimes many students I think in all business schools around the world can come with very high expectations of the Career Services Office and might get disappointed if they don’t meet that. So I very much say, “When you come to business school, try to enjoy all the different opportunities to network, to meet people with the final objective of finding a job and use the Career Services Office as a supplement to Sample Project - 7+ Examples, Format, help you and to support you during your job search process.” So to quickly answer your question more specifically in terms of the Bank Resume With Bank Duties And, services on Project - 7+ Format, offer at the CDC, the Resume Bank, Career Development Center, here at Project, CEIBS, there’s really a platter of services that they offer. This includes for example from the first day you arrive they can analyze your CV and help you improve your CV or résumé in front of potential recruiters.
There are company presentations, several dozen companies. I think almost 80 come here, every year, making company presentations, companies from Apple to Rose Diagnostics to Here's A Free Meal Planner That Use To, Novartis to Chinese or multinationals that come here and present their company, their opportunities, and our students go and attend these sessions. So that’s another service that they offer. We have our networking events during the year. For example, this weekend, we have a networking event with leading HR representatives from leading headhunting firms across China. They will be here, at Project, our campus, to network specifically with our MBA students and alumni.
We also have mock interviews, where we help our students build their interviewing skills and improve them. About a couple of weeks ago we had a leading American professional in the area of coaching for case interviews. Case interviews are being used more and more in consulting companies, but also in other sectors. So we offer a whole gamut of opportunities for our students to be able to Dandy Reference For A Friend, improve their chances of landing a very interesting, competitive package after they graduate and also supplement that with other services, like the job postings. So once a week, our students receive a new, updated job posting of MBA specific jobs that are for MBA candidates here at Sample Examples, Format, CEIBS. Darren: We’ve covered so much over the course of this podcast. My last question to you, Roy, is is there anything else about the CEIBS MBA that you wish more candidates knew about?
Roy Chason: That’s a very good question and I think most of the objectives or the dry information you can find on our website, you can find on our brochure, but to really know what CEIBS has to offer, you have to be here and feel CEIBS firsthand. Printable? So I definitely encourage, like I said before, if you can’t make it here, to Shanghai, to talk to our students. We’re just doubling by the way our campus in size this coming summer, so we’ll actually have a huge campus expansion going underway, so you can come and see that. Sample Examples, Format? We’re going to have a very nice, emblematic glass pyramid right in front of the new entrance, which will be quite spectacular. So I think definitely to feel the environment at With Bank Teller Duties And, the campus, outside the campus, come talk to our students, come sit in the classes and feel the global atmosphere, I think that’s what CEIBS is all about. And I think just as important as the school is being in China. I think for those of you that have been here, you already know what I’m talking about, but for the people that haven’t, just the incredible change you see in China is unprecedented in human history. Last year, if you would have looked across the road, you would have seen almost an empty construction site and Sheet a little bit more than a year later, right now, I can tell you there’s a huge almost American-type suburban neighborhood right across the street, with over several hundred homes with full-grown trees, with swimming pools. Dandy Reference – Letter? And this is the type of very rapid change, just a very small example of the rapid change that takes place in Project Sheet - 7+ China that I think doesn’t take place in any other part of the world. And that rapid change can also be parallel to your career opportunities as well. So coming here and seeing this change and feeling this change is something I think very, very unique to China and very, very unique to Bank Resume With Teller Duties, the CEIBS experience.
You have to see it to believe it, as they say, and I encourage everyone to come here and visit us. Darren: Love that! And to summarize, if you could leave us with three words you would use to describe the Project Examples, Format, CEIBS program. Roy Chason: Oh, a lot of words, that’s a hard question. But if I would have to say one thing it’s something that I’ve said before, it’s, “Location, location, location.” Really, if you’re planning your future, try to Teller Resume No Experience Bank Teller And, look into the possibilities of what the future has to offer and then see where you want to study and I think this is the place.
Darren: Thank you, Roy, for your time and for being on Sample Project Sheet - 7+ Examples,, the podcast.