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Ok, i am applying to it and didn't see a thread about it so here it is...
Some info from ambassador: 1.Class size will probably be ~120ish 2. Expect interview notifications mid December 3. A typical year, HKUST will place 50% of its student in HK, 25% in China and 10%in Singapore and rest international i guess
2. Please elaborate on your career goals. How will your academic training, professional experience coupled with an MBA education at HKUST help you achieve your goals?*(max 1200 characters, ~200 words)
3. If you were admitted, how could your participation at HKUST MBA enrich fellow students' experience inside or outside classroom?* (max 1200 characters, ~200 words)
4. Please pick and answer ONE of the two topics in the space below.* State either 4a or 4b at the beginning of your essay.
4a. Describe a situation where your initial attempt to solve a problem failed. Tell us how you get around to finally solve the problem. 4b. Describe a situation where you created opportunities for yourself and led to a favorite outcome. (max 1800 characters, ~300 words)
5. Please pick and answer ONE of the two topics in the space below.* State either 5a or 5b at the beginning of your essay.
5a. Tell us a situation when you experienced challenges in team setting, and what you have done to help the team achieve its goals. 5b. Describe a situation when you got frustrated over differences in culture or work style. What have you learnt from that experience? (max 1800 characters, ~300 words)
6. Please tell us a situation where you faced an ethical dilemma. How did you handle the situation? * (max 1200 characters, ~200 words)
7. What do you want the Admissions Committee to know about you as a person? * (max 1200 characters, ~200 words)
Typical Full-time MBA Candidate Profile of Intake 2010 (Mid 80%) - GMAT 580 - 720 - TOEFL 600 or above - 3-9 years of work
Couldn't find GPA... so anyone got it please share!!!
Re: Calling All HKUST 2011-12 Applicants [#permalink]
30 Jan 2011, 15:26
This post received KUDOS
Very interesting to hear your take on HKUST and it's admissions goal. I will admit my resume reads very well, but personally I have carefully crafted my career since undergrad because my grades are less than optimal for a top tier school. I had dinner last night with a few other HKUST accepted students, alumni, and a few interviewing candidates. I can absolutely say that not everyone at the table was a banker or a consultant or of an 'easily place-able' background. A couple of people were not even business. While I believe your thought that HKUST is concerned about placement (and really, what school is not, since that is a major criterion of school selection), I don't think that a 'different' background in and of itself will not exclude you from being interviewed or accepted (just based on who was around the table). But true, you cannot be clueless and waffle on what you want to do. While someone has 2 years to 'discover themselves' at HBS, one only has 1 year at HKUST, so you better have a clear idea of what you want before you go in, or you better figure out fast.
I would also point out that MBA programs in Asia are still not as mature as the US or European programs, and they are going to focus on the immediate need at hand, which is 1) a solid educational platform, and 2) the basic fact that graduating students need jobs. I think you're being a bit harsh comparing HKUST to HBS. One school was founded in 1908 and the other has been around for 10 years (guessing). One school is located in the United States, where all the major corporations have MBA recruitment programs and schedules, and one is in Asia, where companies have no such en-masse recruitment program in place. From last night, I learned that while career services has a resume book for companies to flip through, there's a big emphasis on the student to network and make their own opportunities. So of course in an environment with such a lack of external 'infrastructure', the career services office is going to be very concerned about placement.
So I understand you are angry you didn't get accepted, and you are probably pretty pissed off at the institution and the rhetoric, and that has obviously made you very bitter. Or, perhaps you really enjoy completing applications, requesting recommendations, and paying fees for schools you never intend to attend even if accepted. At any rate, venting your frustrations by attempting to defame the school in a place where people are looking for mutual support and advice is probably not your best forum. Why would you come here to make people who have applied or been accepted feel bad about their decision?
I was dinged from HKUST w/o an interview but so were a lot of other peeps (and peepettes) with strong backgrounds.
From reading all the traffic on this thread and based on my own conversation with HKUST admissions staff, including the post grad admissions director, Mr. Tsang, and the some regional ambassadors, it seems to me that HKUST is a school that is particularly concerned with ensuring that its students land good jobs after the program and that they, correspondingly, promote the school through their achievements.
In fact, I'm too kind in using the above language...the school is downright way too paranoid about ensuring it selects the right people. Requesting that peeps who have been previously interviewed and who obviously have strong backgrounds and are qualified applicants participate in yet another career-focused interview with a career services person is totally ridiculous. It portrays the HKUST MBA program as being a "nanny" institution that micro-manages its students career choices and rates them on the basis of these future career choices for selection purposes.
The philosophy behind the process, along with the process itself, reeks. It portrays a rather stuffy and controlling atmosphere at the school, or at least within the admissions and career services fields. In contrast, a prominent school like HBS doesn't really give much of a damn about what an applicant's career goals are.
The HBS admissions director, whose comments are influential to the point that she is often quoted solely on a first name basis, told an audience that I was part of last year that its adcom doesn't particularly care for what an applicants career aspirations are because they want leaders...HBS and other schools look for leaders while HKUST seems to be acting as more of an outplacement agency, more concerned with ensuring that it can fill job vacancies than selecting the best overal leaders.
This is sad not only for the school, the quality of its student pool, but also for the people that are being asked to jump through more unannounced hoops by participating in a "career focused" 3rd interview...it's rather hard to fathom! I know, you're probably thinking, "well, HBS attracts and values younger applicants"...true, but the HBS career goals essay is totally optional. Most of the HBS alums who attended the session I was at overtly stated that they "had no idea what they wanted to do after b-school", and the HBS admission director seconded that by adding, "...and we don't expect candidates to have a very clear picture to know what they want to do afterward either."
Yes, HBS' program provides two years of growth and discovery while HKUST's is either 12- or 16-months...but still, going to b-school is largely about personal growth and discovery, and perhaps trying something new after the MBA that had not initially been envisioned at the start of the MBA...acceptance into b-school shouldn't be merely about convincing the career services and admissions folk that you can easily find a good post-MBA job in a sector that these people expect you to work in after graduation. MBAs were supposed to be about selecting and training those most prone to be enterprising and successful, not about determining whether your career plan accord with the expectations of Mr. Tsang and his motley crew.
I recall how Mr. Tsang kept telling me ad nauseam in person that it was "key to for HKUST to understand if and how its MBA program would be of aid to a particular candidate's career." All of the above sounds pretty routine for b-school admissions folks to say except that HKUST seems to be overly concerned about selecting only those candidates that will be easy to place in jobs after graduation. Perhaps this is due to the rather un-enterprising and unimaginative spirit of Mr. Tsang and his staff (padon the ad hominem nature of this comment but these were my views after meeting with the HKUST folk last year) or the fact that the HKUST staff remember the long days of 2008 when the unwanted Bentleys kept piling up in HK garages and the school's graduates couldn't get jobs.
An ambassador had also told me how HKUST had in the past accepted applicants who turned out to not be very good and were a disappointment. I don't know much more about this situation but it seems like the school had some issues with this in the past decade and that's partially why the ambassadors were instituted to help candidates submit better applications. Perhaps this issue impacts the paranoia I sense coming out of HKUST.
I hope the comparative example with HBS given above and my personal views on the matter resonate with some of you. I wouldn't have attended HKUST even if I were accepted. It's a fine school but it's really just a place where INSEAD and LBS rejects congregate, especially thosae with know Chinese language skills. Seriously, would you want to attend such a school? I met some European alums of HKUST who couldn't even speak about basic things like the weather in Chinese despite haveing taken the 2-week Putonghua training course at the beginning of the program. That 2-week intro is such a joke. Ironically, I met 2010 alums of HKUST who were planning "internet startups" that aimed to re-create Facebook and Expedia...hmm...haven't we seen this before? I guess everyone is considered a startup entrepreneur when they can’t find work after completing the HKUST MBA.
The funny thing is that these startups peeps who recently graduated from HKUST had good, solid technical and engineering jobs prior to attending HKUST. Given the fuzzy nature of their post-HKUST "startups", I find it perplexing that HKUST is so concerned about ensuring the post-MBA viability of the current batch of applicants that are being recalled for further interviewing, especially since HKUST has already taken so damn long to reach its decisions. The school works at a snails pace while places like CEIBS are lighting quick and to the point.
I know some may call me a h8r but it's not that simple, as there's some substance to my views on HKUST. I'm now even wondering whether I should exchange in to HKUST or whether ISB would be a better option.
For those not accepted by HKUST but accepted by CEIBS: Did you pay the deposit to CEIBS already to hold your spot prior to the R1 deposit deadline? If accepted by HKUST, would you really forego that deposit to attend HKUST? I don't know why HKUST says it's China-focused since all the true Sinophiles attend CEIBS over HKUST. Furthermore, HKUST is far from competing with the likes of INSEAD, LBS, and IMD in terms of its international scope. As a backup plan, there is always BeiDa’S School of Marxism? Did anyone else apply to its graduate program for foreign students?
I wish good luck to all those being interrogated by career services staff during the upcoming interviews.
Re: Calling All HKUST 2011-12 Applicants [#permalink]
07 Dec 2010, 10:46
This post received KUDOS
hey, welcome to the club/thread! I think you got a pretty good gmat for HKUST and if you retake i am not sure if they will receive it on time before reviewing your app though... With your WE I think the total number of months is slightly below average but it is not a deal breaker. However, they might question your 9/6 month position switch so maybe put that explanation in an optional essay?
Re: Calling All HKUST 2011-12 Applicants [#permalink]
30 Jan 2011, 22:17
This post received KUDOS
There is a strong need to network. But to be frank, the need is there for any school if you want to find the best opportunity for you. Even at the elite schools in the USA, many jobs are sourced through networking. Furthermore, students who wholly rely on the career services only are less likely to be the proactive go getters that corporations would want to recruit. It's best to look at the careers office as guiding/supporting hand.. no matter what school you are in. They can help point you to the right places to network.
@xuexao There are not a lot of entrepreneurs from HKUST, most students aspire for finance related roles, mostly because Hong Kong is a finance city. I am one of the few who are tech & entrepreneurship and no.. I do not work on facebook or expedia clones. Generally speaking, Hong Kong is not a hub for tech-start-ups and China tech start-ups are inherently geared towards locally-owned companies due to the regulations around ownership and control. (No foreign owned internet company has ever been the top player in China). Furthermore, the investor expectations and assessment criteria is different. It's easier for an Asian based investor to get return from a manufacturing start-up that is already cash-flow positive. It's much lower risk to invest in traditional business models than a tech-startup. The lean start-up movement has helped ignite mass investment in Silicon Valley via angels and super angels, but this is not yet reflected in Asia.
You also talk about finance moving to Shanghai.. this may be the case in the long long term, but for the lifetime of most of our careers, this will not be the case due to regulations. The RMB is still not a freely convertible currency, trading and ownership of companies is still highly restricted. That's why many chinese companies float on the Hang Seng Stock Market, or even the NASDAQ or NYSE. Changes to these regulations will happen slowly, and in a manner that allows the chinese govt to maintain "social harmony". Hong Kong remains the financial gateway and hub for China.
Sure, if you're working in Finance in China, you will need Mandarin, lot's of the research, available data will be in Mandarin only, but if you're working on projects which require a more APAC outlook, the documents are going to be in a mix of languages, and English will still dominate. Sure, there is still the preference for bi-linguals, something which a 1 year Mandarin class will not be able to bridge. Conversational Mandarin in China, is as useful as conversational Japanese in Japan when hiring for domestically focused roles....not worth hiring. The language bar is higher nowadays, and it really requires bi-linguals.
Lastly, CEIBS and HKUST have completely different focuses. No 2 schools are like for like, not only do you have to balance style of education, make up of class, faculty, alumni network, key industry focuses/strengths, but you also have to examine life balance and cultural balance. What suits the individual more? How does your personal goals fit in with what the school is offering? What can you offer that is complementary to the schools focus? You may have a candidate with high GMAT, high work exp. etc. who doesn't fit in with the schools culture.. still worth rejecting because they could cause more trouble than benefit for the rest of that years cohort. This is why "fit" is important.
Career Plans - Actually, this is quite common in most schools, Careers Offices cannot help you if you do not know what your career goal is. HBS is about "building leaders" but they also have more time to decide on a career path. A shorter course (whether that be a European one or an Asian one), requires you to have a better idea about what you are looking for. This is the main way that a careers office can help you.
I will not be applying to HKUST, but one of my colleagues in Taipei was in their one year Master's of Finance course in conjunction with Stern, and he had a great experience. The campus is awesome (that I have been to!) and it seems they attract a really high caliber of professors.
Best of luck to all those applying!
"Twenty years from now you will be more disappointed by the things that you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.” ~Mark Twain
Kudos for starting the thread! I have spent some time on the campus and would encourage anyone looking at a school in Asia to seriously consider HKUST.
I will get more info about the school to post.
wow bb is everywhere . What was the first thing that intrigued you when you were there besides the diversity? it is suprising 92% are non-HKs but then again it is not a huge province.... The building kinda looked like an office building not very flashy though...
Looks like vacation, is this really a bschool? How is the recruitment to top companies? Also how is it ranked compared to other top asian mbas?
well on their site they say they ranked 9th in the world.. I tried to find recruiters but no luck. The info on the site are just general pie charts breaking down industries but not specific names like US schools... There is one girl on the site got into morgan stanley though...
ok guys! application is now LIVE! the rec is probably the EASIEST i have ever seen! 1. how long u know applicant (50 max) 2. check box ratings with no explanations 3. any additional comments?(100 max) THE END
they do require 3 refs though but this can be done prob under 30 mins. guess it is probably not weighted as much but it sure is the easiest i have ever seen!
also updated with app link as well as essay ques - 7 total but 200 words max so not too bad.