Miami Business School Welcomes 100 Percent Increase in Enrolled Chinese Graduate Students
John A. Quelch
Executive Vice Chancellor at Duke Kunshan University | Harvard | CEIBS | London | Wharton | Oxford | Miami |
This week, Miami Business School welcomes 225 graduate students from China, around one-third of our total intake.
With US-China relations at an all-time low, many Chinese students and their parents are showing their displeasure by taking their tuition dollars to Canadian, Australian and British universities instead of coming to the US.
But Miami Business School is bucking the trend. Our Chinese graduate student enrollments are double what they were last year. There are three reasons.
First, there’s increasing awareness in China of Miami as a welcoming, multi-cultural city at the heart of New America, offering great higher education options along with beaches and fun. All higher education institutions in South Florida - FIU and MDC as well as the U - should benefit from Miami’s rise.
Second, our portfolio of one year Masters programs in hard core subjects such as Finance, Accounting, Taxation and Business Analytics, appeals to Chinese students. The curricula of these programs are sufficiently heavy in math and computer science that graduates qualify for three year work permits in the US rather than the normal one year. Such programs appeal to all foreign students but Chinese on average are very well-trained in math so tend to meet our admission standards.
Third, Miami Business School is known on Chinese social media as a China-friendly place to study. Some 15 percent of our full-time faculty are Chinese, Chinese-American or have worked in China. As a school, we celebrate with our students Chinese holidays such as Chinese new year and their mid-autumn festival.
This year, around 350,000 Chinese students are studying at US universities. Collectively, they pour $20 billion annually into the US economy. A high proportion pay full tuition, subsidizing scholarships for Americans.
In addition, Chinese students contribute greatly to the cultural melting pot of the modern university. They are eager to learn about America, and our American students learn from them about China. International understanding is something that the global university is uniquely able to promote.
In the next few months, Miami Business School will again be asking South Florida businesses to provide real-world projects for our graduate students to work on. These projects often blossom into internships or full-time job offers. Miami Business School is a magnet for international talent and many foreign students are eager to stay in South Florida and contribute to our economy. Please welcome them.
Senior Advisor
5 年And fourth- the Chinese pay full fare. It’s all about money so please don’t camouflage the reasons. How about admitting US students on various financial aid?
Helping raise $1T for high-impact non-profits @ FreeWill
5 年Great work, Natalie SONG!
Finance/Fintech/Block-Chain Researcher at China Europe International Business School (CEIBS)
5 年Great!
Chief Scientist / Futurewei (Huawei-owned US subsidiary) / IC Lab
5 年While the US has dealt with China for many years, there is still a biased, adversarial perspective which does away with self reflection and uses China as an excuse for self-inflicted harm. E.g., the US has wasted huge tax treasury and political capital on for-ever wars, damaging itself primarily but rarely discussing its real impact.
Operations Manager at Amazon I MBA
5 年My Chinese classmates have a strong and positive impact on the UMiami Business environment. Their unique insights help further my learning and broaden my cultural awareness. Many Chinese students have become great friends of mine and they help further the UMiami Business school as a global business education hub.