Sunday, February 20, 2011

Foreign Universities Go To Asia

While lots of MNCs open more and more branches in Asia, especially Singapore, China, and India, lots of universities become MNC as well. It used to be like this: prospective students go overseas to receive foreign education. Now, foreign education comes to local area and gives education locally blended with foreign taste. Here are list of some foreign universities that set up branches in Asia:

1. Singapore
- INSEAD Asia Campus (from France)
- Essec Singapore (from France)
- John Hopkins University in Singapore (from US)
- University of Chicago: Booth School of Business (Singapore Campus) (from US)
- New York University: Tisch School of The Arts Asia (from US)
- SP Jain Center of Management (from Middle East)
- Curtin Singapore (from Australia)

2. India
- Virginia Polytechnic Institute and State University (Virginia Tech) (from US)
- Georgia Institute of Technology (Georgia Tech) (from US)
- Boston University (from US)
- Middlesex University (from US)
- Duke University (from US)
- York University: Schulich School of Business (from Canada)

Different with Singapore and India where lots of the citizens can speak English, in china most of the citizens speak chinese with local dialect. Thus, some foreign universities choose to do a joint program with local universities. Related articles:
- China's B-School Boom
- China's B-School

3. China
- NYU Shanghai (from US) - with ECNU
- Xian Jiaotong - Liverpool University (from UK) - in Suzou
- CEIBS (from Europe) in Shanghai - supported with IESE Business School (from Spain)
Note: Cornell University and Columbia University (both of them are from US) also set up a branch in Shanghai

Why do you think it's happening?

Some of the issues to open branches in Asia are:
1. Some universities in developed countries like England and United States faced decreasing number of enrollment every year and increasing acceptance percentage (those universities became less selective, thus the quality of their graduates might decrease).
2. Universities in developing countries have developed significantly, thus they have enough offerings to attract potential students to choose local education rather than foreign education.
3. Some other universities have done it, so the rests should follow or would be left behind the competition.

Some of the issues for not studying overseas are:
1. For postgraduate study, a lot of prospective students have already had a family and it's difficult for them to go abroad for studying or it's ridiculous to leave work for studying overseas.
2. Exchange rate makes overseas education becomes expensive, not only the tuition fee, but also the living cost.
3. Culture barrier, for example it is uncommon for some Taiwanese families to send their daughters to study overseas.
4. The quality of local education is considered acceptable, so there is no need to study overseas.

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