Study finance in China?
I appreciate that everyone on this forum is obsessed with top US programs - H/S/W etc. But seriously guys, are any of you thinking about China? In 20 (maybe even 10) years time - when all of you hope to reach the pinnacles of your dizzy stellar careers, maybe you'll be regretting studying a turgid old-school MBA in a conventional American university, and wish that you'd had the balls to learn Mandarin instead.
Unlike governments in DC, London, Madrid etc, the Chinese state still has money, and they're spending it. The quietly confident Chinese business school sector knows their time is about to come... No longer will people be worrying about their TOEFL scores, but instead whether they've had the requisite 4 years of hard-core Mandarin training to make it possible to navigate business life in the world's most populous nation.
We recently interviewed the friendly Professor Chang, who's ditched the comfort of middle-state USA to return to his roots and jump-start the finance faculty at Shanghai's Advanced Insitute of Finance.
http://www.businessbecause.com/business-school-ne…
Note the cunning inclusion of the word 'Advanced' in its name - this is no normal, ordinary level institute - this place is educating China's future banking titans - and they're on a mission to propel Shanghai into the Number 1 global financial center by 2010. That's just a decade away.
Interested to hear your thoughts and which locations you think are the best for studying finance...
You mean in China? I think it's extremely beneficial to know multiple languages especially anyone of the BRICS. I'm not too familiar with it, but it depends what you want to do after you get your degree. They have some exchanges there, but U.S. is still by far the worlds largest markets (which will probably even out like you said). I would try to go to a school in NYC or Chicago and network your way in if you can't get into an ivy league. You will be way ahead of everybody if you were fluent in Mandarin, but doesn't it take like 10 years to learn???
yes, it takes an insanely long time to learn... I studied for 4 years at an ivy (and did well enough to get A's), 1 semester at a leading university in china and have lived here for 2 years and take lessons 4 hours a week with a private instructor... I also have a chinese girlfriend and try my best to hangout w/ chinese people and speak chinese at work...
I write "fluent" on my resume, but it's not really true at all. My listening comprehension is probably actually fluent, but my reading/writing is still weak and my speaking is shaky when I enter into complex subjects. At the rate I am learning now, I should be REALLY fluent in another 5 years of living in China. If I really tried to immerse myself and speak chinese all the time (which is impossible as I work in PE and am constantly speaking to everyone in english and writing memos and ppts in english, etc), I might be fluent in another 2 years.
Thats sick man best of luck
你好 to that!
It would be great to be on the ground floor of a rising tide like China - however, to play devil's advocate:
Business people and states have been salivating over the "billion person Chinese market" for over 300 years and have yet to realize the returns that they dreamed about. Sure it's profitable over there - but is China really Eldorado? We'll see... Remember the days when Japan was supposedly going to overtake the United States in GDP some 30 years ago, I'm still waiting.
Personally, as a China enthusiast - I'd love to do a program like the Advanced Institute, but we'll see if China really does return to being the center of the world. What is most exciting is the fact that nearly every 18months-2years another one of China's (and indeed the world's) largest banks go up for an IPO, now to get in on that is worth getting a degree in finance!
If you want to study in China and then go into PE or IB - the best places (at least from my experience) to study are Tsinghua and Peking University. I personally did my abroad studies at PU (北京大学）and I've found that name holds a lot of weight with firms over here. But Tsinghua is without question the best university in china for technical majors... roughly half of the staff at my firm graduated from Tsinghua
Im glad to see sb is learning mandaring. to be fluent in mandraring need long time ,even more than 6 or 7 years in hard work. . 我很高兴看到有人在学习普通话。 做到流利的程度需要很长的一段时间 甚至需要六七年 。-----------我能给你最好的建议就是多练习 发音其实并不是很重要 因为我们已经习惯了 而且听得懂因为就算是中国人 南方人与北方人的发音也有很大的差别 my best advice for you is practice. Pronunciation is not important for a non-native i think, beacause we used to hear kinds of pronunciation. even people form south and north have the difference in pronunciation.
我每天练习三四个小时把！ 我的女朋友是中国人，所以我说中文的机会不少。
actually though my written skills are limited (see above), my pronunciation of mandarin is better than 90% of native cantonese speakers
Guts - why would you call him a 汉奸? Do you fear competition from westerners? Afraid?
you are great cause you even know this word 汉奸. the Opportunities for finance graduated students in China will be more and more beacuse lots of europe and US investment banking are knocking the door of big chinese market. to be bilinguality (mandaring and english) is necessary in most of Chinese top 500 firm.
why is traitor considered to be a bad word in China. In USA we use b*****d, p**p, MF, etc. to abuse people
p**p - pimp?
Interested as well
im gonna tell you why.汉奸 as you said traitor is actually described the chinese people who worked for Japaness during world war2. so it is bad word..
yeah... while it translates to "traitor" it has some other significant undertones that are extremely negative... not that being a traitor is positive in itself!
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