any update on salaries for this years class?

any update on salaries for this years class?

Hello,
Indian interested in doing MBA in HOng Kong, can you please talk more about HKUST?
Raj

copernicus,


What do you have to say about this?

http://onwardtomba.blogspot.com/2008/05/insead-vs.html

I've been a watcher of HKUST debates on this site, and was always a bit worried about the high HKUST slant. Now it would be interesting to go back to all the debates with this information and justify it....how exactly is a school 1/10th the size of INSEAD and 1/2 the annual salary even in finance be actually better?? I'm curious....we don't need to debate. Just look at the black n' white comparison this guy did...

HKUST is a great school, as long as you are looking for jobs in Hong Kong and China.

INSEAD belongs to another higher league, INSEAD Asia or Europe campus share the same ranking and the students do exchange terms with one another. It offers a lot more competitive salary package and much more well known than the earlier.

Kind regards,
Thomas

I'm having a lot of fun reading all this again...look at this - it exactly takes statistics from schools own reports and compares them, great stuff and very useful to ppl who wants to compares the schools.

http://onwardtomba.blogspot.com/2008/05/insead-vs.html

compares INSEAD with HKUST ... this guy must have read comments from the HKUST boys on this read. It's exactly what some of us were looking for when we came to this thread only to be repeatedy told how good HKUST is...now when I see this report...I see the difference more clearly.

its a good learning not to talk too much without understanding the reality or researching it enough. i posted this in other thread as well - am very curious to see what globetraveler/copernicus/analyst (they might be same person from HKUST!) have to say because they are very active on this topic. and me folks...am coming close to a decision...maybe USA...

HKUST is a great school, as long as you are looking for jobs in Hong Kong and China.

INSEAD belongs to another higher league, INSEAD Asia or Europe campus share the same ranking and the students do exchange terms with one another. It offers a lot more competitive salary package and much more well known than the earlier.

Kind regards,
Thomas

copernicus,


What do you have to say about this?

http://onwardtomba.blogspot.com/2008/05/insead-vs.html

I've been a watcher of HKUST debates on this site, and was always a bit worried about the high HKUST slant. Now it would be interesting to go back to all the debates with this information and justify it....how exactly is a school 1/10th the size of INSEAD and 1/2 the annual salary even in finance be actually better?? I'm curious....we don't need to debate. Just look at the black n' white comparison this guy did...

copernicus,


What do you have to say about this?

http://onwardtomba.blogspot.com/2008/05/insead-vs.html

I've been a watcher of HKUST debates on this site, and was always a bit worried about the high HKUST slant. Now it would be interesting to go back to all the debates with this information and justify it....how exactly is a school 1/10th the size of INSEAD and 1/2 the annual salary even in finance be actually better?? I'm curious....we don't need to debate. Just look at the black n' white comparison this guy did...

Hi Carl somehow i missed this before.

I can bet you that salaries for the top 10 or 15% of this year's graduating classes at HKUST and Insead will be about equal, with those at HKUST at no more than 10% less than those at Insead.

As for the other 85 or 90% of the class, HKUST can not compete with Insead for now, as profiles of incoming HKUST students are inherently weaker, but that is improving every year.

According to HKUST website:
Graduates working in Hong Kong reported an average salary of HK$560,154 per annum (US$72,000); those working overseas received an annual average salary of US$57,202 while those in Mainland an annual earnings of RMB 403,000 (US$53,260). Nearly 45% of our graduates were made offers that were at least three
times the salary they earned before their MBA.

But I'm not sure that making a direct comparison between salaries really makes sense when you're talking about Asian/American markets. Surely whats more important is the massive shifts in global economics that will be taking place in the next 10-20 years?

US$53,260 for Mainland China placements, thats actually pretty impressive. People after CEIBS get US$35-40,000, if that. I wonder what that "overseas" figure refers to, probably not US nor UK.

Hi

For those who always wonder the standard of living in China ...

The standard of living in Beijing and Shanghai is high. Of course, HK is high too. You can easily check out the accomodation website in Shanghai to feel the heat easily. A 70 m2 can easily costs USD1500 - 2000 a month in a secondary area in Shanghai, for example.

However, other parts of China is relatively a lot cheaper.

Kind regards,
Thomas
thomaswai.blogspot.com