Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack

 It is currently 22 Jan 2017, 21:18

### GMAT Club Daily Prep

#### Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

# Events & Promotions

###### Events & Promotions in June
Open Detailed Calendar

Author Message
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

15 Aug 2011, 23:32
1
KUDOS
1
This post was
BOOKMARKED

The Admissions Team at the HKUST would like to welcome everyone and offer an opportunity to ask questions about our unique program or the application process. If there is anything we can help with, please let us know.

• Ranked world #8 & Asia #1 by Financial Times Global MBA Ranking 2013
• Located in Hong Kong, heart of Asia and gateway to China
• Offers Asia and China business expertise through our regional business practitioners, China-focus courses and alumni network in Asia

HKUST 2012 Application Discussion

Important Dates for the 2013 Application Season:

• Round 1
• Decisions Released: 8 Feb 2013
• Round 2
• Decisions Released: 28 Mar 2013
• Round 3
• Decisions Released: 7 Jun 2013

Good Luck and we look forward to your questions!

Last edited by hkustmba on 13 Mar 2013, 20:03, edited 3 times in total.
Manager
Joined: 28 Sep 2011
Posts: 52
Followers: 0

Kudos [?]: 14 [2] , given: 9

### Show Tags

13 Oct 2011, 14:24
2
KUDOS
gnutsucram wrote:
Hi HKUST,

The median salary figure is really impressive. It is already as much as 70-80% of Magic 7 school's figure! Given that the tax rate in Hong Kong is capped at 15% only, The after-taxed salary might be very close to US Top School!

Looking forward to see the full report

- Gnut Sucram

Some comparisons on taxation in the 3 largest financial centers of the world (NYC, London & HK) that I would like to share:

Hong Kong - 15% maximum income tax; 0% VAT; 0% capital gains tax
London - 50% maximum income tax; 20% VAT on most goods; 18-40% capital gains tax
New York - 46% maximum federal+state+municipal income tax; 8.75% VAT on most goods; 15-35% capital gains tax

The average pre-tax salary for HK workers is lower than the average for workers in London or New York, but purchasing power for HK workers is often higher because of much lower taxes and because prices for goods and services are usually cheaper.
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [2] , given: 2

### Show Tags

08 Nov 2012, 20:51
2
KUDOS
amritd wrote:
hkustmba wrote:
amritd wrote:
Hi Towni,

Quick question on the application form - can I enter my internship experiences under work experience as previous employments? since I do not see any space specifically for internships..

Thanks.

P.S. : There seems to be an issue with the character count and formatting in the form, my characters disappear automatically when I save.

Hi amritd,

Yes, you can input your internship as previous employments under work experience.

We are not sure why the characters disappear and haven't heard other candidates having this problem this year. If you send your application number and name to us at applymba@ust.hk, we can ask our IT team to investigate the cause. In the meantime, it is best if you work on a word document first and only paste the text in the form before submitting your application just in case it happens again.

Towni

Thanks for the prompt response Towni. I was able to work my way around the formatting bit on the application. Have submitted my app, fingers crossed!

Question : under document upload, for proof of employment there is a particular sample format given. Is it necessary to obtain such a letter from your previous employer or will a copy of the offer and relieving letter suffice? Also for current employment, will salary slip and offer letter be enough?

Happy to help. For the employment proof, the format needn't be exactly the same but the documents you provided need to at least fulfill the following requirements:

1. Show your name, job position and employment period
3. With signature and company chop

For your current employment, yes, the salary slip and offer letter are enough as employment proof.

Towni
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

16 Aug 2011, 19:52
1
KUDOS

1) Yes! We'll be coming to NYC on Sep 17 (Sat) for the MBA Fair where you can meet our alumni and students. You can find more information on the event here: http://mba.ust.hk/?&m=201109&cat=7#e1990

2) The average salary is around \$80,000-85,000 and approximately 70% of the graduates work in Asia (where the salary range and cost of living are usually lower than the West).

3) Our graduates working in finance were employed into a variety of roles, including both investment banking and trading related as well as other middle or back office roles. Some career switchers landed a job in the middle or back offices first by leveraging on their prior work experience, then moved to a front office related roles later with their experience in the industry.

4) It is difficult to tell in general what employers prefer since it really depends on the students' strengths, previous exposure and the nature of the jobs. Employers will prefer local students for jobs which require an understanding of the local market and language as well as working directly with Mainland Chinese clients. But for other roles in which regional or global exposure is important, they may prefer students who are more international.

Feel free to let us know if you have any other questions. Hope to see you at the NY Fair.

Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

25 Aug 2011, 20:16
1
KUDOS
Hi arjunbt

While we have courses like Global Supply Chain Management, at this moment we don't offer a specialization on Manufacturing and Operations. Instead, we have five career tracks: General Management in China, Consulting & Strategy, Finance, Marketing and Entrepreneurship. But that doesn't stop our students from entering the manufacturing/operations industry.

For example, two of our graduates were recruited into the Management Associate program at Li & Fung, an MNC in manufacturing/trade/operations of consumer goods headquartered in Asia. The two of them worked on the sourcing, distribution and retailing operations in one of the global offices. Rather than purely manufacturing and operations knowledge, what the employer saw in them were a well-rounded grasp of business and understanding/exposure in the Asia markets.

Our graduates were also recruited by these manufacturing companies: 3M, BMW, DuPont, Emerson, Motorola, Robert Bosch, Volkswagen, etc.

Feel free to let us know if you have any other questions.

Last edited by hkustmba on 25 Aug 2011, 22:42, edited 1 time in total.
Manager
Joined: 10 Sep 2010
Posts: 120
Location: United States
Concentration: Strategy, Operations
GMAT 1: 720 Q48 V40
Followers: 20

Kudos [?]: 104 [1] , given: 4

### Show Tags

05 Oct 2011, 09:05
1
KUDOS
I attended the MBA Fair in SFO. And I met a confident and erudite HKUST representative. It was a very informative session. Infact, I now know that what I need to do before I join HKUST ( provided I get an admission )

I strongly encourage everyone to atleast make an effort to meet the alumni or school representative. Even though I had a long travel as I don't live in SFO, it was worth a trip. Go HKUST!!!!!!
_________________

----------------------------------------------
My GMAT Experience : http://gmatclub.com/forum/name-of-the-game-do-not-giveup-112609.html

If you like my post, Kudos me.

Don't forget to visit me - http://mbaido.wordpress.com/

Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

05 Oct 2011, 23:02
1
KUDOS
Hi talk2vj

Hi shanghaizzle

The pre-MBA Mandarin training lasts for 3 weeks. Two levels are available - one for beginner with no exposure to Mandarin before, and one for those who have at least 40 hours of exposure. If you want to continue to learn Mandarin during the program, you can join the courses organized by our university's language center, which are available at different levels and offered at a discounted fee for students. As you can imagine, we are packing what is a 2-year program in the U.S. into 16 months, so the program is pretty intensive and it may be difficult to find the time to join the Mandarin courses regularly when you will have many other engagements related to student club activities or career preparations.

As talk2vj said, what our students usually do is to take an intensive Mandarin training in China for several months before the MBA so you can at least have a basic understanding of Mandarin when you join the program. Beijing is a popular spot. Some say Harbin, which is less an international city, is good too.

During the program, you can look for classmates who are also interested in learning the language and hire a private tutor together. This way, the time can be more flexible and you can learn the language more effectively with more opportunity to practice speaking in a smaller group. Choosing an exchange school in China is important to further improve your Mandarin before joining the workforce. Of course, speaking with your Chinese classmates (we usually have at least 20% of the class coming from China) is also a good way to practice.

Hope the above helps. Let us know if you have any other questions.

Director
Joined: 18 Dec 2007
Posts: 983
Location: Hong Kong
Concentration: Entrepreneurship, Technology
Schools: Hong Kong University of Science and Technology (HKUST) - Class of 2010
Followers: 12

Kudos [?]: 134 [1] , given: 10

### Show Tags

13 Oct 2011, 20:30
1
KUDOS
I'm still around so can try to help with anything non-admission related.
_________________
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

02 Dec 2011, 00:10
1
KUDOS
@alistar: Happy to help. We understand that the application process can indeed be quite tough for working candidates so hopefully this kind of flexibility can help a bit.

If you have any other questions, just let us know.

Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

02 Dec 2011, 02:46
1
KUDOS
Hi alokag,

Generally speaking, the applications are reviewed in the order of their submission date. But it is actually very difficult for us to control whether the interview notifications are sent out in the same order.

Each application will be reviewed by different (and multiple) members of our admissions committee. Their different pace will give rise to different order when we send out the interview notifications after the admissions committee have found the candidate good enough to be shortlisted.

So you need not worry if you still haven't received the interview message when the others have. Our deadline for sending out interview notifications is on Jan 13. So you will know you are not shortlisted only when you still haven't get the interview invititation on Jan 14.

About the number of interview calls in R1, we don't have a fixed number or quota since it all depends on the quality of candidates in that round.

Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

05 Dec 2011, 23:09
1
KUDOS
Hi gmatcrash,

1. Here are some examples of China case studies used in our program.
- Acquisition of Hummer: M&A challenges faced by Chiese companies overseas
- Air China
- Arthur D. Little in China: a whole new ball game
- Future of Avon China: Direct Sales, Retail Sales or Both
- Cola Wars in China: The future is here
- Dell vs Lenovo
- East of Africa and West of China: Chinese Business in Africa
- Motorola in China: Failure of Success
- Sanlu's Melamine - Tainted milk crisis in China
- Saurer: The China Challenge
- Shanghai General Motors: The rise of a late-comer
- Shanghai Volkswagen:Time for a radical shirt of gears
- Worldwide Equipment (China) Ltd.: A Sales Performance Dilemma
- Wumart stores: China's response to wal-mart

2. Our mid-70% GMAT range is 600-720. The "acceptable" GMAT score is different for each candidate since the admissions committee will look at it together with the whole profile, particularly the undergraduate performance. So we can't provide you with a "rough weightage".

If your UG grades are good then a lower GMAT in that range may also be ok. If your UG is not so good, then you should work on a better GMAT score.

For GMAT score, remember to have decent percentile for each section since the admissions committee want to have well-rounded candidates instead of those who get really high marks in quantitative but low percentile in verbal, or vice versa.

Intern
Joined: 09 Oct 2011
Posts: 14
Followers: 0

Kudos [?]: 7 [1] , given: 3

### Show Tags

24 Dec 2011, 01:59
1
KUDOS
I think they are still in process of reviewing R1 applications. R1 last communication deadline is 15th JAN.

So R 2 should happen post that.

Also from 24th to 27th the admission office is closed for Christmas.
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

27 Dec 2011, 17:54
1
KUDOS
Hi pchak,

While some candidates in R1 received the interview invitation around 1 week after the deadline, some are still under reviewed.

Please expect R2 results to take a little longer because the adcom need to review both R1 & R2 applications together and the time clashes with the holidays.

Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

28 Oct 2012, 23:50
1
KUDOS
mvikred wrote:
Hey,

Good to see an active discussion here.

1. Scholarship @ HKUST: Can you please elaborate on the Scholarship options available at HKUST (if possible, specifically for Indian graduates)

2. HKUST being in HK is exposed to the Financial services industry. However, I'd like to understand the options for folks looking at Management consulting as a career option at HKUST. Is there an ecosystem to help the students secure jobs at the top management consulting firms. If you could, can you please provide the numbers hired in the recent years at the top management consulting firms.

Cheers !!

Hi mvikred,

Here are the major scholarships (and available for Indian candidates/students):

1. Merit scholarship (top 10-20% of admitted candidates): HKD60,000-125,000
2. Need based grant (candidates with financial need): HKD60,000-150,000
3. Scholarship for Asians with international exposure (Asian candidates with 2+ years of work experience/studies overseas): HKD125,000
4. Outstanding Leadership Award (students with exceptional leadership potential and contribution to the program during MBA): HKD300,000

FYI, our tuition fee for intake 2013 is HKD545,000.

We help students get into consulting industry through several ways:
1. Consulting track electives taught by actual consultants e.g. a current Director at Bain or a former Manager at McKinsey - teach students how to think and work like a consultant
2. Consulting Club run by students - provide skill training workshops delivered by students who are consultants or external consultants invited to school
3. Enhancing Professional Skills training - an intensive program which aims to boost students' presentation, case analysis, teamwork and problem solving skills. After finishing the training, students can form teams to participate in overseas case competitions and compete against other schools in front of global judge panel formed by top business leaders. This can help them to build up their competence and confidence when they work with clients in the future as a consultant
4. Our career office organizes corporate events/recruitment talks/executives meetings with consulting firms e.g. Deloitte Consulting, Gallup Consulting, Siemens Management Consulting - get students connected with industry people and introduce job opportunities to students
4. 12% of our graduates last year are recruited into consulting roles. The management consulting firms recruiting in these two years include: McKinsey, IBM Consulting, Value Partners Management Consulting, ZS Associates, Deloitte Consulting, Boston Consulting Group, etc.

Any questions, just let us know.

Towni
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

07 Nov 2012, 17:38
1
KUDOS
amritd wrote:
Hi Towni,

Quick question on the application form - can I enter my internship experiences under work experience as previous employments? since I do not see any space specifically for internships..

Thanks.

P.S. : There seems to be an issue with the character count and formatting in the form, my characters disappear automatically when I save.

Hi amritd,

Yes, you can input your internship as previous employments under work experience.

We are not sure why the characters disappear and haven't heard other candidates having this problem this year. If you send your application number and name to us at applymba@ust.hk, we can ask our IT team to investigate the cause. In the meantime, it is best if you work on a word document first and only paste the text in the form before submitting your application just in case it happens again.

Towni
Manager
Joined: 10 Jul 2011
Posts: 115
GMAT 1: 700 Q50 V34
GMAT 2: 710 Q50 V35
Followers: 3

Kudos [?]: 21 [1] , given: 10

### Show Tags

08 Nov 2012, 12:59
1
KUDOS

I have a few specific questions:

1. I don't think that I will be able to apply by the R1 deadline, however I will be able to do so by Nov end. My questions is that assuming I do submit by Nov end, by when should I expect a decison from the admissions team?
2. Can you throw some more light on the scholarships that are offered by HKUST?
3. What percentage of the class went in the M&A domain - do you have that levelof detail? If not, can you specify what percentage went to IB?
4. What percentage of the class last year go to US for internship? How many went to US schools for exchange?
5. Can you please let me know about my chances of getting through? Below is my brief profile:

Nationality: Indian
Gender: Male
Age: 26
Undergrad: Indian Institute of Technology (I am sure that you are aware that IITs are considered the best engineering colleges in India and have a tough entrance exam with an acceptance rate of less than 1%)
GPA: 6.5 / 10 (relative grading) - not particularly good, though I believe considering that it was relative grading, the pedigree of the peer group should be taken into account. I am not sure if actually it is taken into account or not?
GMAT: 710 (Q50,V35)
Current job (Since June 2010): Consulting (Big 4)
Total work ex: More than 4 years (as of Nov 2012)
Additional qualifications: Passed CFA Level 2 exam and FRM Full (both levels)
Post MBA goal: M&A domain in Asia Pacific region

Many thanks!
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

09 Nov 2012, 00:09
1
KUDOS
IndianExpress wrote:

I have a few specific questions:

1. I don't think that I will be able to apply by the R1 deadline, however I will be able to do so by Nov end. My questions is that assuming I do submit by Nov end, by when should I expect a decison from the admissions team?
2. Can you throw some more light on the scholarships that are offered by HKUST?
3. What percentage of the class went in the M&A domain - do you have that levelof detail? If not, can you specify what percentage went to IB?
4. What percentage of the class last year go to US for internship? How many went to US schools for exchange?
5. Can you please let me know about my chances of getting through? Below is my brief profile:

Nationality: Indian
Gender: Male
Age: 26
Undergrad: Indian Institute of Technology (I am sure that you are aware that IITs are considered the best engineering colleges in India and have a tough entrance exam with an acceptance rate of less than 1%)
GPA: 6.5 / 10 (relative grading) - not particularly good, though I believe considering that it was relative grading, the pedigree of the peer group should be taken into account. I am not sure if actually it is taken into account or not?
GMAT: 710 (Q50,V35)
Current job (Since June 2010): Consulting (Big 4)
Total work ex: More than 4 years (as of Nov 2012)
Additional qualifications: Passed CFA Level 2 exam and FRM Full (both levels)
Post MBA goal: M&A domain in Asia Pacific region

Many thanks!

Hi Indian Express,

1. If you submit your application after the 1st deadline, you will be considered as a Round 2 candidate. And the deadline of admissions results for Round 2 is March 28, 2013.
2. You can take a look at our list of scholarships here: http://mba.ust.hk/ftmba/admissions/financialaid.htm
3. We do not have the percentage of graduates who went into M&A. For IB, we have 6% of our 2011 graduates working in this field.
4. Only very few of our students did an internship in US as most of them want to get work exposure in Asia, which is why they joined our program. Around 45% of our students went to exchange in US last year.
5. It is difficult for us to tell how much chances you have just based on these facts since the admissions decision is more complicated and we take into consideration a range of factors from your academic performance and work experience to your soft skills, self awareness and career readiness. That said, you have a decent GMAT score which can help with your GPA. And a CFA level 2 is also helpful if you are interested in the M&A field, which is good since it shows that you are prepared and determined to make the switch

Any questions, just let me know.

Towni
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

04 Dec 2012, 01:32
1
KUDOS
Vineet700 wrote:
Hi Towni,

Thanks for taking time out an helping us here on GMAT Club.

I just wanted to ask if I would need to take TOEFL or not? I am an Indian engineering graduate and my medium of communication was English. I am not sure how would I submit a proof of same. I can furnish my grade sheets (mark sheets), all of them are in English.

The application portal says that I would be required to submit an official proof and I think it would be a big hassle for me to arrange this as I would have to personally visit the university.

Would the grade sheets (mark sheets) suffice?

Also, at what stage would I be required to submit the proof, before submitting application, after interview call or after receiving admission e-mail?

Thanks,
Vineet

Hi Vineet,

I am afraid an official proof from your university showing that your degree was taught entirely in English is required to waive the TOEFL/IELTS requirement. The proof can be your transcript or the official website of your university, both of which need to contain a statement that your degree was taught entirely in English. Some of our candidates will also ask their universities to prepare an official letter which confirms the language of the degree.

You can submit the proof to us after receiving our admissions offer.

Towni
Joined: 09 Aug 2011
Posts: 111
Followers: 17

Kudos [?]: 16 [1] , given: 2

### Show Tags

11 Dec 2012, 00:14
1
KUDOS
getgyan wrote:
Hi HKUST

While in the process of finishing my application I came across employment proof. What do we have to submit to prove that? Will the salary slip suffice or do we have to submit anything else?

Hi getgyan,

Both the employment proof and salary proof are required for our admissions.

The employment proof should be issued by employer(s) of ALL your job position(s) listed in the application form and should include the employer's name, your job title and employment period of each job.

You need to provide salary proof for the last 12 months as well. The proof could be salary slips, documents provided by the employer or bank statements which include your annual salary or salary of last 12 months.

Only softcopy is required. You can upload them to our application system directly.

Towni
Manager
Joined: 10 Jul 2011
Posts: 115
GMAT 1: 700 Q50 V34
GMAT 2: 710 Q50 V35
Followers: 3

Kudos [?]: 21 [1] , given: 10

### Show Tags

01 Jan 2013, 13:40
1
KUDOS
@Vineet - You can only see the uploads page once you have made the payment.

Go to page    1   2   3   4   5   6   7   8   9   10   11   12    Next  [ 233 posts ]

Similar topics Replies Last post
Similar
Topics:
HKUST 2 12 Sep 2015, 01:24
1 HKUST MBA Intake 2015 Admissions Event 3 08 Aug 2014, 00:42
Part-Time MBA @ HKUST 3 22 Jul 2013, 19:01
2 HKUST in the Press 0 03 Apr 2013, 21:43
6 HKUST MBA Guide 7 31 Jul 2011, 22:48
Display posts from previous: Sort by

Moderators: OasisGC, aerien, BrushMyQuant

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.