MBA tuition to rise at Chinese universities

Within the annual tuition fees hike in recent years, some of China's famous universities, such as Peking University and Tsinghua University, decided to implement a large increase to MBA tuition fees starting next year, according to information from the 2011 MBA Entrance Conference jointly held by a group of education institutions on Saturday.

Peking University and Tsinghua University will increase the part-time MBA tuition fees by 60,000 yuan (about 8,900 U.S. dollars) and 40,000 yuan (about 5,900 U.S. dollars), respectively. After the increase, MBA tuition fees in Tsinghua University will hit nearly 200,000 yuan (about 30,000 US dollars).

The University of International Business and Economics (UIBE), Central University of Finance and Economics (CUFE), University of Science and Technology Beijing (USTB), Beijing University of Post and Telecommunications (BUPT) and China University of Political Science and Law (CUPL) also plan to increase MBA tuition fees.

It's said that Tsinghua University would hike its MBA tuition fees by 30,000 yuan (about 4,500 U.S. dollars) to 60,000 yuan (about 8,900 U.S. dollars) for its different training projects beginning next year. The tuitions for part-time MBA programs will rise to 188,000 yuan (about 28,000 U.S. dollars).

Peking University’s Guanghua School of Management will also increase its MBA tuition next year. The cost of the part-time MBA program will rise to 168,000 yuan (about 25,000 U.S. dollars), full-time to 138,000 yuan (about 20,500 U.S. dollars) and the international MBA to148,000 yuan (about 22,000 U.S. dollars), increasing by 40,000 yuan (about 5,900 U.S. dollars), 30,000 yuan (about 4,500 U.S. dollars) and 20,000 yuan (about 3,000 US dollars), respectively.

Experts believe that in addition to the high prices and training cost, high tuition fees also mean high value for the students.

Some officers from the prestigious MBA center of famous universities revealed that the new trend would encourage more full-time study and restrict the part-time enrollment scale.

In addition, the admission interviews in the universities next year will start earlier than ever before.

By Zhao Chenyan, People's Daily Online