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HKUST MBA Guide  [#permalink]

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New post Updated on: 12 Feb 2012, 21:09
HKUST Business School


Rankings (GMAT Club International Ranking and Clusters)
  • Financial Times Global MBA Rankings 2011 #6
    • International Experience & Students #9
    • International Faculty #4
    • Research Rank #14
  • HKUST: QS Asia University Rankings 2011 #1
  • Kellogg-HKUST EMBA: Financial Times Global EMBA Rankings 2010 #1
Historical GMAT Club Applicant Threads
Popular Links

Current Applicant Thread: hkust-2012-applicants-119026.html

Intake 2012 Application Instructions

Phase 1 Deadline: 15 November 2011 | Decision Date: 10 February 2012
Phase 2 Deadline: 15 December 2011 | Decision Date: 9 March 2012
Phase 3 Deadline: 15 March 2012| Decision Date: 8 June 2012

Your application should include:
  • Completed online application form, including essays
  • Three online work reference forms
  • Academic transcripts
  • GMAT score report
  • TOEFL/IELTS score report (if applicable)
  • HK$1,560 application fee (approximately US $200)

Application for intake 2012 will be open in late September this year.

Essay 1: Please tell us the motivations to pursue an MBA program, and why is now the best timing to do one. (~200 words)
Essay 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? (~200 words)
Essay 3: If admitted, how could your participation at HKUST MBA enrich fellow students’ experience inside or outside classroom? (~200 words)
Essay 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. (~300 words)
  • 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.
Essay 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. (~300 words)
  • 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?
Essay 6: Please tell us a situation where you faced an ethical dilemma. How did you handle the situation? (~200 words)
Essay 7: What do you want the Admissions Committee to know about you as a person? (~200 words)

Essay Analysis

GMAT Club Current Students & Alumni
Coming Soon!

Class Profile and Program Statistics
Full Time MBA Stats (Intake 2011)
Length of Program12 or 16 Months
Campus LocationHong Kong
Average Class Size101
Average Work Experience6 Years (3-8)*
Average Age29 (26-32)*
Average GMAT600-720
International93% (28 Nationalities)
Tuition (Intake 2012)$67,350

*mid-70% range
Additional Student Profile Information

Employment Statistics 2011
Top Industries: Finance/Banking (43%), Consulting/Professional (15%),
Manufacturing/Industrial/Distribution (15%), Consumer/Marketing (11%),
Tech/Media/Telecom/Entertainment (11%)
Top Locations: Hong Kong (47%), Overseas (31%), China (22%)
Recruiting Partners 2011

Curriculum – Notable Features

HKUST Vision – Your Path for Success
We are committed to a vision of transformation through the co-development of knowledge and accountability. As a school uniquely placed in an East-meets-West environment, we seek to:

  • Advance the frontiers of global business knowledge within a China context
  • Develop responsible business leaders with Asian perspectives for the world
  • Contribute to the social and economic transformation of the region

Our curriculum design, delivery and extracurricular activities will all help you to manage your career in a global economy while leading a business in the China context.

HKUST’s China Focus and Strategic Location
Situated on the doorstep of the world’s most rapidly developing market, HKUST offers a China-specific education. You will learn from experienced practitioners, study real-world cases and benefit from China field trips, all focused on China. Opportunities abound for networking with Chinese business leaders through our China Club, and an extensive alumni network in the country will give you a head start in pursuing a successful career there.

Strategic Location
Our proximity to China will expose you to innumerable employment and business opportunities. Hong Kong’s well-establish cross border connections attracted 42% of total inward direct investment to China at end-2010, and the city is a key facilitator in the internationalization of the yuan.

Hong Kong’s Economic Advantage
Living and studying in Hong Kong will also place you in:
  • The world’s freest economy for 17 consecutive years
  • The Best Business City in the World and Best Business City in Northeast Asia

Hong Kong hosts more than 6,000 multinational companies, and offers a simplified tax system with low rates. It is one of the world’s major banking and finance hubs, featuring:
  • 70 of the global top 100 banks
  • The sixth largest market for foreign exchange
  • The seventh largest stock exchange

China Focus Courses
Doing Business in China - General managers in China are constantly challenged by a changing business environment. This required course emphasizes the realities of operating a business in China today. It will prepare you to face the major issues through a focus on past mistakes and best practices.

Apart from the above flagship China Focus course, more electives are available under "General Management in China" career track, covering topics like leadership, management, marketing, finance and investment in China.

Field Trips
Our field trips take in a range of organizations in Shanghai and Beijing, where you will learn firsthand the recipe for success and the challenges faced. Each trip is a two-credit excursion that also involves preparatory lectures and post-trip reports and presentations on business practices in China.

China Club
The China Club offers students the opportunity to experience Chinese culture while networking. Through the Club’s many activities you will have the opportunity to meet business leaders whose success stands out in the dynamic and stimulating context of Chinese business.

Meet our alumni in China
Our alumni come from a diversity of cultural backgrounds and excel in many Chinese industries. They are middle- to senior-level executives with international mobility and entrepreneurial outlooks. Most live and work in Hong Kong, Beijing, Shanghai and the Pearl River Delta region, which will offer you numerous networking opportunities in China.

Program Schedule: 12-Month and 16-Month Options
Students are expected to complete the MBA in 16 months. Those with considerable work experience and international exposure may join the accelerated 12-month option upon approval at admissions.

12-month Option
The general criteria for eligibility for completing the program in 12 months are strong work experience and significant international exposure. Approval for the shorter duration is given on an individual basis at the discretion of the MBA Office.

16-month Option
With largely the same curriculum as the 12-month program, the full 16-month program includes an optional internship in the first summer and an Exchange Program in the fall of the second year. All 16-month full-time students are guaranteed a place in the exchange program, which will enhance their international exposure and help them develop a more global perspective.

Click here to view a table detailing the differences between the 12-month and 16-month options under "Program Schedule".

Curriculum Details
The curriculum is composed of 52 credits, with around 60% gained through studying required courses and the remaining 40% though elective courses.

Required Courses
The HKUST MBA program offers a strong foundation for success in management through rigorous study and an emphasis on creativity, analytical thinking and teamwork. At the heart of the Western-structured curriculum are required courses in business essentials in both global and Chinese contexts—covering everything from financial knowledge and management strategies to communications and responsible leadership.

The required courses are arranged in three tiers—foundation, functional, and integration. These provide fundamental knowledge and a basis for further study in chosen areas.

Foundation Cores
  • Preparing to Lead (MGMT 521)
  • Data Analysis (ISOM 551)
  • Financial Accounting Foundations (ACCT 510)
  • Global Macroeconomics (ECON 520)
  • Managerial Accounting Foundations (ACCT 521)
  • Managerial Communication (SBMT 511)
  • Managerial Microeconomics (ECON 511)

Functional Cores
  • Corporate Finance (FINA 512)
  • Information and Technology Management (ISOM 502)
  • Management of Organizations (MGMT 523)
  • Marketing Strategy and Policy (MARK 512)
  • Operations Management (ISOM 561)

Integrated Cores
  • Doing Business in China (SBMT 544)
  • Responsible Leadership and Ethics (SBMT 543)
  • Strategic Management (MGMT 541)

Electives comprise over 40% of the curriculum and let you delve more deeply into the subjects that matter most to you and your future. A mix of full-time, part-time and exchange-in students take electives together to encourage integration and experience sharing. Students joining the international exchange program can take electives in partner schools and transfer the credits back to HKUST.
Over 70 electives are available in the HKUST MBA program, provided along 5 career tracks to allow greater flexibility in tailoring studies to meet your career goals.

General Management in China
Spoiler: :: Show General Management Electives
  • China in the Global Economy (ECON 512)
  • Investment and Finance in China (FINA 533)
  • Financial Markets in China (FINA 691C)
  • Building a Powerful Consumer Brand in China (MARK 535)
  • Managing in Asia (MGMT 552)
  • Leadership in Asia (MGMT 650L)
  • Politics and Socioeconomic Environment of China (SBMT 540)
  • China's External Relations and their Economic Impact (SBMT 541)
  • China Field Trip (SBMT 601M)

Spoiler: :: Show Finance Electives
  • Money and Macroeconomics (Econ 540)
  • Value Investing from an Economic Perspective (ECON 541)
  • Corporate Risk Management (FINA 515)
  • Asset Securitization (FINA 517)
  • Investment Analysis (FINA 521)
  • Equity Investment Management (FINA 522)
  • Derivative Analysis (FINA 529)
  • Advanced Derivative Analysis (FINA 530)
  • Investment and Finance in China (FINA 533)
  • Strategic Finance and Value Creation (FINA 535)
  • Fixed Income Analysis (FINA 536)
  • Equity valuation (FINA 537)
  • Raising Debt in the Financial Markets (FINA 538)
  • Venture Capital and Private Equity (FINA 539)
  • Behavioral Finance (FINA 542)
  • Risk Management for Financial Institutions (FINA 544)
  • Hedge Funds (FINA 545)
  • Statistical Methods for Risk Management (FINA 583)
  • Financial Market in China (FINA 691C)
  • Valuing Companies (FINA 691D)
  • Global Economy and Emerging Markets (FINA 691F)
  • Cash and Treasury Management (FINA 691G)
  • Introduction to Islamic Banking and Finance (FINA 691H)
  • Entrepreneurial Finance and Family Business (FINA 691I)

Spoiler: :: Show Consulting Electives
  • Strategy and Organization (ECON 518)
  • Strategic Finance and Value Creation (FINA 535)
  • Valuing Companies (FINA 691D)
  • Data Mining for Business Intelligence (ISOM 527)
  • Business Optimization (ISOM 571)
  • Channel Management (MARK 534)
  • Applied Strategic Thinking (MGMT 551)
  • Consulting Skills for Managers (MGMT 554)
  • Implementing Strategy (MGMT 556)
  • Applied Mergers and Acquisitions (MGMT 650G)
  • International Growth (MGMT 650H)
  • Business Modeling (MGMT 669B)
  • China Field Trip (SBMT 601M)

Entrepreneurship and Family Business
Spoiler: :: Show Entrepreneurship and Family Business Electives
  • Venture Capital and Private Equity (FINA 539)
  • Entrepreneurial Finance and Family Business (FINA 691I)
  • Technology and Innovation Management (ISOM 537)
  • Implementing Strategy (MGMT 556)
  • International Growth (MGMT 650H)
  • Challenges, Opportunities and Options of Starting Up (MGMT 650I)

Spoiler: :: Show Marketing Electives
  • Data Mining for Business Intelligence (ISOM 527)
  • Understanding the Consumer (MARK 529)
  • Marketing Research (MARK 531)
  • Brand Management (MARK 533)
  • Channel Management (MARK 534)
  • Building a Powerful Consumer Brand in China (MARK 535)
  • Managing in Asia (MGMT 552)
  • International Growth (MGMT 650H)
  • Business Modeling (MGMT 669B)

Spoiler: :: Show Other Electives
  • Innovation and Intellectual Property Law (ISOM 520)
  • Fundamentals of Database Management (ISOM 526)
  • Irrational and Rational Thinking and Judgment in Management (MGMT 549)
  • Maximizing Your Leadership Potential (MGMT 553)

Exchange Program
  • University of British Columbia
  • University of Toronto

United States
  • Columbia University
  • Cornell University
  • Duke University
  • Emory University
  • Indiana University
  • Michigan State University
  • New York University
  • Northwestern University
  • Ohio State University
  • Southern Methodist University
  • Tuck School of Business at Dartmouth
  • Tulane University
  • University of California, Berkeley
  • University of California, Irvine
  • University of California, Los Angeles
  • University of Chicago
  • University of Florida
  • University of Maryland
  • University of Michigan
  • University of Minnesota
  • University of North Carolina at Chapel Hill
  • University of Rochester
  • University of Southern California
  • University of Virginia
  • University of Washington
  • Vanderbilt University
  • Washington University in St Louis

Asia and Middle East
  • Indian Institute of Management, Ahmedabad (India)
  • Indian School of Business (India)
  • Tel Aviv University (Israel)
  • International University of Japan (Japan)
  • KAIST Graduate School of Management (Korea)
  • Beijing International MBA at Peking University (PRC)
  • Guanghua School of Management, Peking University (PRC)
  • China Europe International Business School (PRC)
  • Shanghai Jiao Tong University (PRC)
  • Sungkyunkwan University (Korea)
  • Tsinghua University (PRC)
  • Nanyang Business School, Nanyang Technological University (Singapore)
  • National University of Singapore (Singapore)
  • Australian Graduate School of Management
  • Melbourne Business School

  • University of Cape Town (South Africa)

  • Copenhagen Business School (Denmark)
  • ESSEC—Graduate School of Management (France)
  • HEC School of Management (France)
  • HHL, Leipzig Graduate School of Management (Germany)
  • WHU – Otto Beisheim School of Management (Germany)
  • RSM Erasmus University (Netherlands)
  • Escuela Superior de Administración y Dirección de Empresas (Spain)
  • Instituto de Empresa Graduate Business School (Spain)
  • London Business School (United Kingdom)
  • University of Manchester—Manchester Business School (United Kingdom)
  • University of St. Gallen (Switzerland)

Other Helpful Links and Discussions

Student Blogs
  • Nominate your favorite HKUST blog to be listed here!

Comparison Threads
  • Nominate a comparison thread to be listed here!


Originally posted by bb on 31 Jul 2011, 23:48.
Last edited by togafoot on 12 Feb 2012, 21:09, edited 5 times in total.
Added Link to Alumni Network homepage
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Re: HKUST MBA Guide  [#permalink]

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New post 01 Aug 2011, 00:59
Great Work. +1 for you :)
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Re: HKUST MBA Guide  [#permalink]

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New post 01 Aug 2011, 09:26
Amazing guide, thank you for putting all this information together.
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Joined: 04 Dec 2002
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Re: HKUST MBA Guide  [#permalink]

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New post 15 Aug 2011, 23:24
Updated for 2012 Application Year with the latest deadlines and statistics.
Joined: 09 Sep 2009
Posts: 52
Re: HKUST MBA Guide  [#permalink]

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New post 02 Oct 2011, 01:22

I am planning to apply to HKUST for the class starting in 2013..What concerns me though is lack of financing options for international students at HKUST.
Unlike most other top Asian B-schools (such as the NTU and NUS in Singapore where education loans are offered by DBS & OCBC at very nominal interest rates to international students without any collateral), HKUST clearly mentions on its website

"Given limited access to local financial schemes, international students studying in Hong Kong are strongly encouraged to arrange study loans in their country or region of residence"

This is a discomforting thought because I hail from India, where the interest rated for education loans are steep and require collateral :(.....Wonder if somebody can help with some more information about regarding this.

Rahul J
Joined: 10 Jul 2011
Posts: 91
GMAT 1: 700 Q50 V34
GMAT 2: 710 Q50 V35
Re: HKUST MBA Guide  [#permalink]

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New post 12 Nov 2011, 06:11
Can somebody please answer Rahul's question. I share the same concern. The total cost comes out to be approx. 3.8 million INR for Indian candidates.
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Re: HKUST MBA Guide  [#permalink]

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New post 23 Nov 2011, 14:00
Posted your question in the Ask HKUST Admissions thread: ask-hkust-admissions-119027-40.html#p1005540
Joined: 28 Nov 2012
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Re: HKUST MBA Guide  [#permalink]

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New post 28 Nov 2012, 03:04
As much as this forum is about bringing in greater awareness of the school itself, I'd like to make this more a Q&A; session for future aspirants. I got quite a few inquiries over the past few weeks from quite a few folks and answering the same questions n number of times is not very efficient.
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Re: HKUST MBA Guide   [#permalink] 28 Nov 2012, 03:04
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