Saturday, May 19, 2012

Business Schools: Looking Local for a Global Reach - NYTimes.com

May 18, 2012, 4:02 am By THE NEW YORK TIMES

?Alix Chen earned a scholarship to HEC Paris, a top business school, and then turned it down,? Peter Saalfield and Rebecca Appel write in The New York Times. ?Instead, she chose the Shanghai branch of the China Europe International Business School, or CEIBS, in her home country.?

?Business schools in developing nations are getting more attention from both domestic and foreign students,? Mr. Saalfield and Ms. Appel write.

Thomas Hyland, an American who began his career at Goldman Sachs in San Francisco, ?decided to attend the Indian School of Business in Hyderabad with the intention of starting a venture capital fund in India,? they write.

?For me and for a lot of foreign students, it is the entry strategy into this market,? he said. ?India is a tough place to show up from the outside and try to do business. So much of business and daily life here depends on relationships.?

Prospective business school students are starting to look beyond traditional destinations in the West. And those who are originally from the BRIC developing nations ? Brazil, Russia, India and China ? are increasingly exploring the possibilities at home.

Read full article here.

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