University of Chicago’s business school is now offering one of the most expensive Executive Master of Business Administration (EMBA) programs in Hong Kong after relocating its Asian campus from Singapore to the city.
Last month, the university’s Booth School of Business opened the 21-month course, with tuition and other school fees at HK$1.17 million (US$151,500), which is a bit lower than the HK$1.2 million fees for an 18-month EMBA program jointly run by the Hong Kong University of Science and Technology and Kellogg School of Management.
Still, that’s much higher than similar courses run by other local universities. The two-year EMBA course at the Chinese University of Hong Kong costs less than HK$500,000.
Chicago’s century-old business school is said to be the first to offer an EMBA program. It is currently ranked first in the United States by Bloomberg Businessweek, and has campuses in Chicago, London and Singapore.
After 13 years in Singapore, the school decided to move to Hong Kong to allow greater access to a broader range of students from Hong Kong, mainland China and other North Asian markets. The Singapore campus will run until current students complete the program in March 2015.
The Hong Kong campus will be located at the site of the former Victoria Road Detention Centre in Mount Davis, although it will not be ready until 2016. The interim campus for the program is in Cyberport.
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