Since starting my MBA Fall ’15, I rarely post on Social Media. My recent coursework in China is an exception. International business, specifically business in China, has always been of interest to me. Therefore, prior taking this class, I had the following questions about this rapidly growing country: How do business operations in China differ from our business practices in the United States? What are the Innovation Lessons from China? What do Chinese Consumers want? These and many more questions were answered for our cohort throughout our coursework and during our company projects while in Beijing, Guangzhou & Shanghai. This has been an amazing experience both academically & culturally. The following are several highlights from our class trip:
1- Mr. Leo Curtis, Lenovo – Beijing Innovation Center, reviewed manufacturing & production – “the process”.
2 – Ms. Jessie Li, Coca-Cola – Minhang District, Shanghai, talked about the varying consumer needs across China’s regions – “local insight” is important.
3 – Mr. Chi Chen, Partner, and Mr. Reese Mao, Manager China Team; at Ernst & Young (EY) – Shanghai, both spoke about their business in China and discussed in depth on EY’s Vision 2020.
4 – Mr. Ashe Sutcliffe, Geeley – Binjiang District, Hangzhou, discussed Research & Development. Additionally, he reiterated a recurrent theme among companies doing business in China: “Think Local to be Global!”
– George Vega, MBA ’17
Shanghai & Beijing
May 6-13, 2017
Professor Jane Zhu
If you want to be successful in global business, you need to be successful in China. That’s because China is arguably the most important market in the world today. It is the largest market in terms of size, the third largest in terms of economic strength, and the fastest growing, with rates at over 9% annually for the past 10 years. China is the engine of growth for many MNCs and considered the future in terms of growth opportunities.
What to Expect
- Examine China’s dynamic economy and its competitive advantages
- Understand the development of the economy, leading companies and industries, social, cultural and historical influence on business practices and decisions
- Analyze the transition from a centrally planned economy to a market oriented economy
- Interact with management executives through site visits to major domestic and global corporations and agencies
- Visit cultural and historical sites, including the Great Wall of China
*Effective fall 2016: the seminar fee does not apply to MBA students required to take MBA 740.
Our students have interned at major companies, including:
- JFP Holdings, Beijing
- BMC Software, Singapore
- Coca-Cola, Shanghai
Immerse Yourself in Global Business
“China has rapidly grown to become the world leader in low-cost manufacturing. But the value proposition is disappearing for many firms as the competitive cost advantage starts to erode. The question is: what’s coming next? There are a lot of new sectors, such as nanotechnology, biotechnology, in which China is gaining strengths. As an intern at JFP Holdings, my task was to carefully evaluate the upcoming industry trends to figure out new growth strategies for businesses in China.”—David Lee, GMBA International Finance 2013. David is now working full-time as portfolio analyst with State Street Global Advisors in Boston.
Megan Graceffo, GMBA International Marketing 2010 completed a brand management project for BMC Software in Singapore. “I learned so much,and I the opportunity to travel to so many parts of Asia. What a way to experience global business first-hand!”
PatrickDoran, GMBA International Finance 2010, interned in the commercial finance division of Coca Cola in Shanghai, China. “The insights into doing business in China were incredible, and I loved the challenge of the cultural immersion,” he said.