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China and India Dominate the List of Best Business Schools in Asia

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Which are the Best Business Schools in Asia? Asian Business Schools have always been a top choice for determined MBA aspirants. Furthermore, Business Schools in Asia hold an international reputation for being the best platforms that are stepping stones to success. So which are the Business Schools in Asia and the World?

As all MBA aspirants are gearing up for the admission season, world known research organisations have done their bit to release the list of top 50 B-Schools in the world. And what doesn’t come as a big surprise is the dominance of the list that is held by the B-Schools in the United States. Asia, on the other hand, has also shown its presence with China taking the cake with the maximum number of high-ranking B-Schools in Asia.

Best Business Schools in the World (Top 10)

1    Stanford Graduate School of Business (US) 
2    Insead (France/ Singapore)
3    University of Pensylvania: Wharton (US)
4    London Business School (UK)
5    Harvard Business School (US)
6    University of Chicago: Booth (US)
7    Columbia Business School (US)
8    CEIBS (China)
9    MIT Sloan (US)
10   University of California at Berkeley: Haas (US)

Read More News About Business Schools: MBA vs PGDM: Is PGDM Program Really Better than MBA? ET NEWS

What most students question these days is whether opt for the one year programme or the traditional two-year programme. Well, the answer for the same can also be found in the rankings of the Top Ten B-Schools which include nine business schools that provide the traditional two-year programme, while only Business School i.e. Insead (France/Singapore) providing one year programme.

The ranking by FT finds its basis in the survey conducted of business schools and their alumni, three years after completing the MBA Program. A total of 155 B-Schools participated in the rankings from which the top hundred were selected.

China Leads The Asian B-Schools List in Top 50 B-Schools

Asian Business Schools this year have also made their mark in the top 100 b-schools with 15 institutions in the top fifty. The only Asian nations to feature in the top 50 Business School Rankings are China, with the highest percentage, followed by India, Hong Kong, and Singapore.

Read About Placements in MBA Colleges in India: How Top MBA Colleges in India Facilitate Amazing Student Placements

The only other nation in the top 100 is South Korea with its Sungkyunkwan University GSB, at number 51. Apart from Insead (France/Singapore), China’s CEIBS is the only Business School in Asia to be a part of the Top 10 B-Schools, ranked at number 8. The other Asian B-Schools in the top 50 are:

Best Business Schools in Asia

  • CEIBS (China), number 8
  • HKUST Business School (Hong Kong), number 14
  • National University of Singapore Business School (Singapore), number 18
  • Nanyang Business School (Singapore), number 22
  • Indian School of Business (India), number 28
  • Indian Institute of Management, Ahmedabad (India), number 31
  • University of Hong Kong (Hong Kong), number 33
  • Shanghai Jiao Tong University: Antai China (China), number 34
  • Indian Institute of Management, Bangalore (India), number 35
  • Remin University of China School of Business (China), number 3
  • Fudan University School of Management (China), number 42
  • CUHK Business School (Hong Kong), number 43
  • Singapore Management University: Lee Kong Chian (Singapore), number 49

Must Read: What should be the Role of a Faculty in a Good Business School?

With 15 Asian Business Schools making it to the Top 50 it comes as no surprise that Asia is considered as one of the best places to pursue an MBA as well as other educational degrees. Business Schools in Asia have made a global impression with the best of research resources, advanced infrastructure, student placements, expert staff and administration and many other factors that make an institute reach that level of excellence.

Other News at EurAsian Times

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Abrupt Changes To US Student Visa Rules To Dramatically Impact Indian, Chinese Students

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Unexpected changes to foreign student visa rules by US administration has destroyed the ambitions of more than a million international students, primarily from China and India, that are presently enrolled in various US institutions.

COVID-19 Exposes India, Philippines To Higher Risk Of Cancer; Australia, Malaysia Safest – Index

The US Immigration and Customs Enforcement (ICE) on Monday stated that it would block the visa of foreign students whose entire courses have moved online die to COVID-19, with experts calling the move “xenophobic” and part of Donald Trump’s harsh immigration policy.

The directive by US Immigration and Customs Enforcement’s Student and Exchange Visitor Program is likely to impact hundreds of thousands of students, particularly from India, China and other Asian nations who would either have to leave the US or face eviction.

Universities in the US were forced to shift classes online in mid-March post the outbreak of COVID-19 pandemic. The United States is the hardest hit by the pandemic with more than three million confirmed cases.

Two top US universities – Harvard and MIT –  recently filed a lawsuit seeking to revoke the order by the Trump administration. “We will pursue this case vigorously so that our international students – and international students at institutions across the country – can continue their studies without the threat of deportation,” Harvard’s president Lawrence S Bacow said in a statement.

“We believe that the ICE order is bad public policy, and we believe that it is illegal,” he added.

Some other leading universities, including Princeton, Stanford University, California Institute of Technology and Cornell have announced their support for the lawsuit by Harvard and MIT. Brown University issued a statement calling the new immigration order as “nothing short of cruel” and “a direct threat to public health”.

The US government justified the new orders. “You don’t get a visa for taking online classes from, let’s say, the University of Phoenix, so why would you if you were just taking online classes generally?” White House Press Secretary Kayleigh McEnany said during a press briefing.

But critics have criticized Donald Trump’s new student visa rules. “The cruelty of this White House knows no bounds. Foreign students are being threatened with a choice: risk your life going to class in-person or get deported,” said Senator Bernie Sanders. “We must stand up to Trump’s bigotry. We must keep all our students safe.”

The restraint on students’ visa is being seen by critics as an attempt by the Trump administration to compel US institutions to resume classes and business. “This is to strong-arm universities and colleges to buy into that narrative which the Trump administration is trying to sell that everything is fine.”

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US Group donates books to Ilocos Norte State University, Philippines: PNA

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The San Diego County Metropolitan Lions Club (SDC-MLC) in San Diego, California donated on Monday a total of 364 books of various titles to the Mariano Marcos State University (MMSU) here to be used by its students and the Department of Education (DepEd).

The books were received by the University Library System (ULS) through a shipment package sent by Leo and Norma Sicat, president and Lion Tamer of SDC-MLC, respectively.

The package consisted of five titles in Geometry, Algebra 1 and 2, Milestones, Milestone Workbook, Milestone Teacher Education, Great Expectation, George Washington, Tale of Two Cities, Eleanor Roosevelt, The Meeting on Board HMS Bounty, The Three Musketeers, The Prince and the Pauper, Clara Barton, and The Man in the Iron Mask.

MMSU President Shirley C. Agrupis said that while the university took custody of the hard-bound donations, it will also donate some of these to the DepEd-Division Office in the City of Batac.

MMSU-ULS director Eliza Villarin said some of the books will be distributed to the MMSU main library and its satellite libraries in Laoag City, various high school campus libraries, and college reading centers.

Villarin said organizations and agencies that donate books to the university are considered as library friends because they help the university strengthen its collection of information resources for its students.

The book donation was the result of a tie-up between MMSU and the SDC-MLC in July 2019 through a signed memorandum of understanding which stipulates that the SDC-MLC will help augment the university’s learning resources and support its internationalization programs.

The MMSU and SDC-MLC also agreed to conduct humanitarian medical, dental and optical missions in various communities, and enhance the extension service competencies of MMSU’s faculty and staff.

Philippines News Agency

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Jio Institute – Mukesh Ambani’s ‘Institute of Eminence’ To Revolutionize Indian Education System

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed due to coronavirus

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Jio Insitute, Mukesh Ambani’s ambitious institute for reshaping the Indian education system is expected to commence operation in 2021. Will the ‘Institute of Eminence’ – Jio Institute get impacted by Covid-19 is uncertain for now.

Jio Institute – Overview

The Shailesh Kumar led Jio Insitute will start its academic session in 2021. Numerous undergraduate courses will on offer including courses in emerging technologies like artificial intelligence, data sciences machine learning, digital media and marketing.

It is also expected that Mulhern of Northwestern University will be facilitating the Marketing Communication program while Kumar would teach Artificial Intelligence courses. The modern Jio Digital Library project will be headed by Keller from Stanford.

Jio Institute of Eminence

Jio institute has also set up a seven-member global advisory board. According to media reports, the board will consist of Jean-Lou Chameau, president emeritus of California Institute of Technology (Caltech); Michael Keller, vice provost of Stanford University; Rick Levin, former president of Yale University; Subra Suresh, president of Singapore’s Nanyang Technology University. Nadhmi A Al-Nasr, CEO of Saudi Arabia’s futuristic habitat project NEOM; Frank J Mulhem and Vinayak P Dravis of Northwestern University.

Mukesh Ambani, his wife Nita and daughter Isha will also be on the advisory board. The institute is one of the institutes in the country to be awarded the tag of ‘eminence’ by the Human Resource Ministry even before its completions.

Experts at EurAsian Times believe that the tag of ‘eminence’ was given due to the future prospects of the Institute. As of August 2019, ten institutions have been selected by the Institutes of Eminence, which includes Banaras Hindu Univesity, Indian Institute of Science, Indian Institute of Technology (IIT) Bombay, IIT Delhi, IIT Kharagpur, IIT Madras, University of Delhi, University of Hyderabad, Anna University and Jadavpur University.

Jio Institute Location & Key Details

Jio Institute, which will be located in Navi Mumbai was to hire university staff and complete the academic curriculum by October this year, however, experts believe that things might get delayed.

Students at Jio institute would not only get an opportunity to study at the sprawling 800 acres campus in Navi Mumbai but could also be taught by professors from prominent universities across the world.

The advance studies at the institute will also provide merit-based scholarships worth 38 crores during the first academic year.

Mukesh Ambani aims to make Jio University ranked in top 500 on Times Higher Education and QS World University Rankings. To achieve this feat Jio Institute is in talks universities like Massachusetts Institute of Technology (MIT) Stanford University, Northwestern University and Nanyang Technological University and aims to recruit expert faculty and mentors for the institute.

Reliance Jio and the Telecom Revolution

Reliance Jio Infocomm Ltd popularly known as Jio in India is a mobile network operator owned by Reliance industries. Jio was the brainchild of Mukesh Ambani and was launched in 2015 in honour of the 83rd birth anniversary of Dhirubhai Ambani, the founder of Reliance Industries.

Since its launch, the network has become immensely popular with Indians as it made internet accessible and affordable. The introduction of Jio revolutionised the telecom industry and made 4G data available pan-India at the lowest rate in the world. Jio Platforms compares with large global digital ecosystem platforms that are largely debt-free like Alphabet, Tencent and Alibaba.

Success at home has caught the eye of investors abroad. With 5 confirmed deals in May and another investment incoming, Jio is now valued at over $65 billion. The investors, all based in the US, include social media giant Facebook, private equity firm Silver Lake, Global investment company Vista, American private equity firm General Atlantic and US-based private equity company KKR.

Collectively, all the deals are worth $10.3 billion or Rs 78,562 crore, which RIL plans to use in order to pay off $44 billion worth of its debt.

Microsoft, the tech giant founded by Bill Gates, is also in talks with Jio to purchase a 2.5% stake at the cost of $2 billion. Abu Dhabi state fund Mubadala, another investment company, is also in talks to invest about $1 billion in Jio platforms.

Within a short span, Mukesh Ambani and Jio have achieved what other companies have not been able to for decades. With the establishment of Jio Institute, India’s most influential businessman has ensured that the company he birthed would be looked after by Jio’s very own.

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