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WHERE DOES AN MBA FIT IN THE STORY OF A CHINESE PROFESSIONAL? A dissertation SUBMITTED IN PART FULFILMENT FOR THE MA HUMNA RESOURCE MANAGEMENT Table of contents List of Tables iv List of Figures v Acknowledgements vii Abstract viii Abbreviations ix 1 Introduction 1 1.1 Background 1 1.2 Purpose of Research 2 2 Literature Review 3 2.1 Introduction 3 2.2 What is MBA? 3 2.2.1 The Academic Characteristic 3 2.2.2 The relationship between MBA and economy 5 2.2.3 The history of MBA – Developing as a professional degree 8 2.3 MBA in China 14 2.3.1 The social background 14 2.3.2 A short history of MBA programmes in China 16 2.3.3 Curriculum and Admission 17 2.4 Where does an MBA fit in your story? – MBA and Career 19 2.4.1 Career Theories 19 2.4.2 The benefit of MBA 20 2.4.3 MBAs’ Career choice – Western approach 21 2.4.4 MBAs’ Career choice – Chinese approach 23 2.5 Where does an MBA fit in the story of a Chinese Professional? 28 3 Methodology 30 3.1 Data Collection 30 3.1.1 Data Required 30 3.1.2 Collecting Method 31 3.1.3 The Questionnaire 31 3.2 Data Analysing 33 3.3 Limitations 33 3.3.1 Time and Geographical limitation 33 3.3.2 Responding rate concern 34 4 Findings 35 4.1 MBA Students’ response 35 4.1.1 Personal Background of MBA students 41 4.2 MBA Graduates’ response 43 4.2.1 Personal Information of MBA graduates 46 5 Discussion 48 5.1 Understanding of MBA 48 5.2 MBA and career 52 5.2.1 Career goals of MBA students 52 5.2.2 Life and career after MBA 56 6 Conclusion 59 6.1 Overview of research 59 6.2 Recommendations 60 6.3 Opportunities for further research 61 6.3.1 Getting new content 61 6.3.2 Using different research method 62 6.3.3 Comparing internationally 62 Bibliography 63 Appendices 68 Appendix A: Sample of the Questionnaire 68 Appendix B: Samples of responses 69 List of Tables Table 2.1 – Development of MBA programme in China 17 Table 5.1 – MBA students’ and graduates’ definition of MBA 48 Table 5.2 – MBAs’ expectation comparison 49 Table 5.3 – MBA students’ and graduates’ purpose of taking MBA 50 Table 5.4 – The situation in which MBA students and graduates chose MBA 51 Table 5.5 – MBA students preferred organisation compare with past survey 53 Table 5.6 – MBA students preferred industry compare with past survey 54 Table 5.7 – MBA students’ career goal compare with past survey 55 Table 5.8 – MBA graduates’ evaluation on MBA compare with past survey 56 Table 5.9 – MBA graduates’ job satisfaction level compare with past survey 57 Table 5.10 – MBA graduates’ life prioritise compare with past survey 58 List of Figures Figure 2.1 – MBA Award and GDP 7 Figure 2.2 – Paths through China’s Education System for Study Participants 14 Figure 2.3 – Universum MBA Survey 1997: Life’s Prioritise 22 Figure 2.4 – Universum Graduate Survey 2002: Career Goal 23 Figure 2.5 – What did you get from your MBA programme? 24 Figure 2.6 – How did MBA help after the programme? 25 Figure 2.7 – What kind of organisation were/are you in? 25 Figure 2.8 – Which industry were/are you in? 26 Figure 2.9 – Will you start your own business? 26 Figure 2.10 – Position Change 27 Figure 2.11 – Salary Change 27 Figure 2.12 – Job Satisfaction 28 Figure 4.1 – Students define MBA 35 Figure 4.2 – Students’ expectations of MBA 36 Figure 4.3 – Students’ purpose of taking MBA 36 Figure 4.4 – The situation in which students choose MBA 37 Figure 4.5 – Preferred employment: 37 Figure 4.6 – Location: 38 Fi