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# Events & Promotions

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Author Message
Joined: 10 Aug 2011
Posts: 111

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01 Feb 2012, 19:06
Hi all,

For R2 applicants (unless you haven't submitted all the required info in time before which may result in a delay), we will send you emails on your shortlisting results (whether you are invited for interview or not) by next Friday, Feb 10. So remember to keep an eye on your mailbox these two weeks.

And HKUST MBA is ranked within the world's top 10 again for the third year in a row by Financial Times!

Here is a piece of related news by NASDAQ: [Asia] Come for the tropical climate, stay for your MBA

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Manager
Joined: 09 Jun 2011
Posts: 139

Kudos [?]: 34 [0], given: 1

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05 Feb 2012, 02:44
I would like to pose these questions to HKUST tea:

1. How deep is HKUST into energy sector in terms of curriculum, post-mba careers, and batch students. Since most of the students are from finance background in HKUST.

2. In what ways does HKUST help students in entrepreneurship and start-ups.

Kudos [?]: 34 [0], given: 1

Joined: 10 Aug 2011
Posts: 111

Kudos [?]: 16 [0], given: 2

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08 Feb 2012, 00:07
OptimusPrimea1 wrote:
I would like to pose these questions to HKUST tea:

1. How deep is HKUST into energy sector in terms of curriculum, post-mba careers, and batch students. Since most of the students are from finance background in HKUST.

2. In what ways does HKUST help students in entrepreneurship and start-ups.

Hi OptimusPrimea1,

First of all, we'd like to clarify that only 18% of our incoming students come from accounting/finance backgrounds and around 30% of graduates work in the finance industry. Most of our students are from different fields rather than just finance background.

<Energy sector>

Our curriculum focuses more on helping students develop the knowledge and skills they require for a particular job function rather than for a particular industry. So we have career tracks in marketing, consulting, general management etc. instead of in industries such as manufacturing, healthcare or energy.

That said, in recent years we have seen more students coming from/hoping to work in the energy sector especially in China where there are great demands in energy: http://thecitizen.co.tz/business/14-international-business/19577-china-spends-50-billion-a-year-on-renewable-energy.html

Students can get more exposure and connection in this industry through the Energy Alliance, a student club which organizes regular networking and enrichment activities, and share latest industry news in the region with the class. We will also help students to connect with people in this industry through executive meetings (e.g. with Shell), and company events (e.g. with Exxon Mobil).

Some graduates are working in companies e.g. Hillgrove Resources, RWE Effizenz GmbH, Schlumberger, Symbior Energy etc.

<Entrepreneurship>

On the university level, we have the entrepreneurship center, which offers regular seminars, networking events, trainings on the subject. It also organizes the 1-million-dollar entrepreneurship competition which offers funds, office space and legal/accounting services to winners.

Entrepreneurship Center: http://www.ec.ust.hk/index.html

On the program level, the MBA students have formed the Entrepreneurship Club. It also works in similar ways as the entrepreneurship center but focuses more on the needs of our MBA students.

In our curriculum, we have a career track in entrepreneurship offering courses such as Challenges, Opportunities and Options of Starting Up, Venture Capital and Private Equity, etc.

Our students also join business plan competitions to practice pitching their business ideas in front of investors, and to get professional feedback on their business ideas.

Some of our alumni have also become entrepreneurs after their MBA. Here is a feature e-news on this subject including a story on how our MBA has helped an alumnus started her business, and some useful tips for aspiring entrepreneurs.

8 tips for aspiring entrepreneurs: http://mba.ust.hk/enews/intake12/Tips.html

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Manager
Joined: 09 Jun 2011
Posts: 139

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08 Feb 2012, 00:51
Thank you for the detailed reply. Very informative.

1. What is the minimum criteria for applying to HKUST?

2. Should I as an applicant expect to wait for the interview invite till the last day of interview decision deadline? For example, if interview decision deadline is say 20th February. Will anyone receive interview invites on 20th february as well or the interview shelling out process stops a few days prior to the deadline itself?

3. When will I come to know about scholarships?Some other univ. give out scholarship details only when the first installment is paid up? Can you elaborate on the scholarships?

Kudos [?]: 34 [0], given: 1

Joined: 10 Aug 2011
Posts: 111

Kudos [?]: 16 [0], given: 2

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08 Feb 2012, 23:19
OptimusPrimea1 wrote:
Thank you for the detailed reply. Very informative.

1. What is the minimum criteria for applying to HKUST?

2. Should I as an applicant expect to wait for the interview invite till the last day of interview decision deadline? For example, if interview decision deadline is say 20th February. Will anyone receive interview invites on 20th february as well or the interview shelling out process stops a few days prior to the deadline itself?

3. When will I come to know about scholarships?Some other univ. give out scholarship details only when the first installment is paid up? Can you elaborate on the scholarships?

Hi OptimusPrimea1,

1. Minimum requirements for admissions to HKUST full-time MBA are:
- a strong bachelor degree;
- a satisfactory GMAT score;
- a minimum two years’ of full-time work experience after the first degree; and
- a good TOEFL/IELTS result if English was not your language of instruction at the undergraduate or postgraduate level

2. Yes, we may still send out some interview invites on Feb 20. But under normal circumstances, majority of the applicants will know whether they are shortlisted for interview before that day.

3. If you are talking about the scholarship details, all those available for our admitted candidates are listed in our website here: http://mba.ust.hk/ftmba/admissions/financialaid.htm

For the merit scholarship and need-based grant, admitted candidates will know whether they get them before they are required to confirm their offer and pay the deposit. For other scholarships like the Outstanding Leadership Award, Scholarship for Non-Asian with Asia exposure, etc., since we need to review all the scholarship applications in that round before deciding who will get them, you will only learn the result by the deadline of our admissions results, i.e. Feb 10 and Mar 9 depending on which round you apply to.

Kudos [?]: 16 [0], given: 2

Joined: 10 Aug 2011
Posts: 111

Kudos [?]: 16 [0], given: 2

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23 Feb 2012, 02:00
Hi everyone,

Our Head of Admissions and a current year-two student will join an online chat session next Thu. If you have any questions about our program, admissions or student life, it is a good opportunity to get them answered. This will also be our final online event for intake 2012.

Absolutely Asia: HKUST MBA Admissions Online Q&A (Mar 1, Thu)
Hong Kong time: Mar 1, 2012 (Thu) 10:00am – 11:00am
Eastern time: Feb 29, 2012 (Wed) 9:00pm – 10:00pm
Pacific time: Feb 29, 2012 (Wed) 6:00pm – 7:00pm

Kudos [?]: 16 [0], given: 2

Intern
Joined: 27 Jan 2011
Posts: 42

Kudos [?]: 4 [0], given: 60

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28 Mar 2012, 03:33
Hi HKUST,

I have been waitlisted at HKUST and have been told to wait till May 15th. I have a few offers from other schools who obviously want me to pay the deposit (but I LOVE HKUST and it is my first choice).

Just want to know from you if HKUST has rolled out an offer to students like me after they have been wait-listed in previous years?
(spoke to a couple of students from last year and it seems that I have absolultely no chance for this year from here!)

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Joined: 10 Aug 2011
Posts: 111

Kudos [?]: 16 [0], given: 2

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30 Mar 2012, 00:37
Hi karansingh22,

Thank you for your interest in our school! In the past we did accept students from the waiting list. But the chances depend on that year's situation and are really case by case.

Kudos [?]: 16 [0], given: 2

Senior Manager
Affiliations: UWC
Joined: 09 May 2012
Posts: 393

Kudos [?]: 1616 [0], given: 100

GMAT 1: 620 Q42 V33
GMAT 2: 680 Q44 V38
GPA: 3.43
WE: Engineering (Entertainment and Sports)

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03 Jun 2012, 01:12
Hello HKUST,

I wanted to know about career prospects in Management Consulting and whether HKUST would be a good fit. I'm interested in Consulting and come from a tech background. What are the prospects for a HKUST graduate who is not a mandarin/cantonese speaker? In general where can I find more information about HKUST and Management Consulting? What are the placements like for consulting and do most placements in consulting happen in HK? Thanks!

Kudos [?]: 1616 [0], given: 100

Joined: 10 Aug 2011
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03 Jun 2012, 18:46
macjas wrote:
Hello HKUST,

I wanted to know about career prospects in Management Consulting and whether HKUST would be a good fit. I'm interested in Consulting and come from a tech background. What are the prospects for a HKUST graduate who is not a mandarin/cantonese speaker? In general where can I find more information about HKUST and Management Consulting? What are the placements like for consulting and do most placements in consulting happen in HK? Thanks!

Hi macjas

We have a career track in Consulting where 11% of our 2011 graduates are now working. Depending on the clients and work nature, a consulting job may not require the knowledge of Mandarin/Cantonese. For example, we have a graduate who only has a very elementary knowledge of Chinese working in Shanghai now as a consultant. However, for management consultant roles in the Greater China region, knowledge of the Chinese language is almost a must.

Here are some consulting firms which have hired our graduates: Accenture, Deloitte, Eight Partnership, Fiducia Consulting, Hewitt Associates, McKinsey, Monitor Group, etc. These graduates mostly work in Hong Kong and China, followed by other Asian cities like Singapore, Seoul and Tokyo.

If you want to know more about our program, you can download our brochure here: http://www.mba.ust.hk/enews/subscription/brochure.asp and check out our career report 2011 here: http://mba.ust.hk/ftmba/career/highlight2011.html

Kudos [?]: 16 [0], given: 2

Senior Manager
Affiliations: UWC
Joined: 09 May 2012
Posts: 393

Kudos [?]: 1616 [0], given: 100

GMAT 1: 620 Q42 V33
GMAT 2: 680 Q44 V38
GPA: 3.43
WE: Engineering (Entertainment and Sports)

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03 Jun 2012, 21:28
Thanks HKUST, just one more thing, is part of that 17% recruitment in MC happening in HK itself? If so, how important is knowing Cantonese for a successful foray into MC in HK itself?

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03 Jun 2012, 22:02
@Macjas: the 11% of employment in consulting is for different fields including MC, IT consulting, healthcare consulting, etc. Some of the recruitment, e.g. McKinsey, happened in HK.

It is difficult to say how important Cantonese is for MC jobs in HK since it depends on the company and the job roles. If it mainly deals with HK clients, then most likely they will hire someone who speaks Cantonese. But Mandarin is definitely more important in the bigger long term and usually enough for a foreigner looking for a job in the Greater China region.

Kudos [?]: 16 [0], given: 2

Senior Manager
Affiliations: UWC
Joined: 09 May 2012
Posts: 393

Kudos [?]: 1616 [0], given: 100

GMAT 1: 620 Q42 V33
GMAT 2: 680 Q44 V38
GPA: 3.43
WE: Engineering (Entertainment and Sports)

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03 Jun 2012, 22:10
thanks for the insight, HKUST

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Manager
Joined: 26 Jul 2011
Posts: 120

Kudos [?]: 134 [0], given: 16

Location: India
WE: Marketing (Manufacturing)

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03 Jun 2012, 23:08
Hi HKUST

I have 7 years of work ex in manufacturing sector (Textile) in sales and BD. I am planning to apply for 2013.
I am intrested in switching sector and go for Consulting or pick up strategy roles in retail/FMCG. However HKUST put together with HONGKONG seems to be more inclined towards finance. also I would like to go for an exchange programme at SDA Bocconi milan. As per my career plan would I be a right fit for this programme.

Thanks

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04 Jun 2012, 20:01
Hi ratinarace,

While Hong Kong is the biggest financial center in Asia, there are still a lot of opportunities especially in the retail/FMCG industries because of the growing purchasing power of consumers from China/emerging markets in Asia.

It would be difficult to tell whether our program fits your goals without knowing more about your background. We would suggest you to arrange a consultation with one of our MBA advisers for a more in-depth discussion.

You can register for a session here: http://www.mba.ust.hk/asp/intake2012events/indconsult_cv.asp

SDA Bocconi is not among the 57 business schools available for exchange at HKUST MBA. Here is the complete list of exchange schools: http://mba.ust.hk/ftmba/program/exchange.htm

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Manager
Joined: 08 Dec 2010
Posts: 199

Kudos [?]: 54 [0], given: 26

WE 1: 4 yr IT

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24 Jun 2012, 07:27
hi hkust,
i am 26 yr old IT male from india.
i have got close to 4 yrs work exp. and 670(q 44,v 38) in gmat.
i would like to know if my gmat score is competitive for applying or should i write the gmat again?
_________________

this time, we play for keeps

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02 Jul 2012, 19:22
Hi vinzycoolfire,

It is difficult to say which GMAT score is competitive for somebody with your background just based on a few facts since we take into consideration a range of aspects when we evaluate your profile, e.g. undergraduate performance, quality of work experience, leadership experience, global exposure, career plan, etc.

That said, the mid-80% GMAT range for our newly admitted class is around 610 to 730. And we will look at your undergraduate performance together with your GMAT score. If the former is not that good, that you will need a higher GMAT score in this range. If you performed well in your UG, then you can try to apply with your current score first.

If there is any question, just let us know.

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Manager
Joined: 08 Dec 2010
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Kudos [?]: 54 [0], given: 26

WE 1: 4 yr IT

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04 Jul 2012, 08:29
hi hkust,
i have some follow up questions.i want to work in thailand after completing my mba.
will hkust be a good fit for me??are many companies from thailand recruiting at hkust?
also my second choice would be HK. if i have to get job in hk will i need to learn mandarin?
_________________

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05 Jul 2012, 01:38
Hi vinzycoolfire,

While we do have students working in Thailand after graduation, not many companies from Thailand will recruit directly in HK. Some of our students now working in Thailand usually join a multinational company e.g. General Motors, Citibank, Bayer, Standard Chartered. Most of the time, they apply for the jobs in Thailand directly or got relocated to Thailand after joining an MNC in Hong Kong.

Our program is very strong in equipping students with a good understanding of Asia business and leadership skills in a global setting, which are valued by recruiters not just in HK but other parts of Asia. The global reputation of our program will also boost recruiters' confidence in the quality of your MBA.

The necessity of Mandarin in HK depends largely on what kind of jobs you want to do. For example, marketing and management consulting jobs will most likely require a good knowledge of Mandarin to understand the local market and to communicate with Chinese clients/colleagues.

If you want to have a more in-depth discussion, we suggest you to sign up for an individual consultation session with one of our MBA advisers here: http://www.mba.ust.hk/asp/intake2012events/indconsult_cv.asp

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Manager
Joined: 08 Dec 2010
Posts: 199

Kudos [?]: 54 [0], given: 26

WE 1: 4 yr IT

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05 Jul 2012, 06:11
hi hkust,
thanks for the reply. right now i am trying to get a picture of how things work in hkust.
will definitely sign up for a session when i am sure of applying.
_________________

this time, we play for keeps

Kudos [?]: 54 [0], given: 26

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