Date
23 July 2017
HKUST's EMBA program, taught in conjunction with Northwestern University's Kellogg School, is ranked second overall in the world on a global list of top EMBA programs. Photo: HKEJ
HKUST's EMBA program, taught in conjunction with Northwestern University's Kellogg School, is ranked second overall in the world on a global list of top EMBA programs. Photo: HKEJ

Salaries of EMBA grads from HKUST still highest in the world

Graduates from the Hong Kong University of Science and Technology’s executive MBA program still earn the highest salaries among those from similar programs around the world, the latest survey shows.

The average annual salary of grads from the HKUST program, which is jointly conducted with the Kellogg School of Management at Northwestern University in Chicago, reached HK$3.19 million (US$410,000), Sky Post reported Tuesday.

That is 39 percent more than their average salary before they entered the program, figures from the top 100 EMBA list for 2015 published by the Financial Times show.

Graduates of the TIEMBA program, jointly conducted by Tsinghua University in Beijing and Insead, a business school in France, trail behind with an annual salary of HK$2.53 million, representing an 80 percent increase over their salaries before they joined the program.

Judy Au Man-yee, program director of the Kellogg-HKUST program, said its graduates have maintained the top ranking in salary since 2004, as most already earned high salaries before entering the program.

To cope with inflation, Au said, HKUST’s business school is planning to raise the EMBA tuition 4.2 percent to HK$1.25 million next year.

Enrollment has started, and it expects to recruit 40-60 students.

The school will add an entrepreneur training program next year, Au said.

In the overall evaluation of the programs by the Financial Times, TIEMBA ranked first, while Kellogg-HKUST remained in second place.

Alexa Chow, managing director of AMAC Human Resources Consultants, said more top managers in Hong Kong have been pursuing an EMBA program in the mainland in recent years.

With increasing economic integration between Hong Kong and the mainland, such programs will allow managers not only to get to know the mainland market better but also to expand their networks there, Chow said.

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