SHANGHAI, March 15, 2016 /PRNewswire/ -- On March 12, 2016, in the historic Fairmont Peace Hotel, Antai College of Economics & Management (ACEM), Shanghai Jiao Tong University and IE Business School made an announcement of launching dual degree programs, an important step forward in the strategic partnership between the two business schools. Dean of ACEM Prof. Lin Zhou and Dean of IE Business School Prof. Santiago Iñiguez addressed a select crowd of students, alumni and media friends at the launching ceremony, hosted by Associate Dean of ACEM Prof. Guohua Wan and Director of IE International Development Mr. Joël McConnell.
ACEM has become IE's first and only partner school in mainland China to have established dual degree programs. They are MBA dual degree program and MIB-MIM dual degree program. The programs allow students to obtain degrees from both top-ranked institutions, and gain an advanced understanding of Chinese and European perspectives on global business. Students will be able to earn both degrees at a reduced tuition of 50% off after spending one year in Shanghai and another year in Madrid while completing all the academic requirements.
The dual degree programs make it easier to share faculty, alumni resources and corporate relations, two prominent business schools joining hands in delivering the best programs and in developing business talents with global vision. Antai's MBA program and Master in Management ranks 39thand 36th worldwide respectively by Financial Times, both occupying the No.1 place of domestic business schools. IE's MBA program ranks 12th worldwide (top 4th position across Europe) and its Master in Management program ranks top 10 worldwide by Financial Times.
Students at IE Business School come from over 90 countries. Over 35,000 alumni hold managerial positions in more than 100 countries. Of 300 IE faculty members, more than half are international faculty coming from 25 different countries. The diversity of student and faculty creates a highly international learning environment.
"ACEM and IE have worked closely for many years. Both schools emphasize and promote the education of innovation and entrepreneurship. The achievements our alumni have made in advancing global business are remarkable. I am pleased to bear witness to the launching of the dual degree programs and to the development of future business leaders," said Prof. Lin Zhou.
"IE values cooperation with Chinese counterparts and the dual degree programs is the product of many years' hard work. Spain, where IE Business School is located, connects Europe with Latin America, whereas ACEM is located in the financial center of China. We hope to absorb the essences of both western and eastern business knowledge in order to develop high-impact business leaders with global perspectives," added Prof. Santiago Iñiguez.
Innovation and entrepreneurship are the two capstones of IE Business School. The creation of Venture Lab has promoted that spirit, being able to provide counsel for startup business and simulate actual problems that happen over the initial period of setting up business.
ACEM is the first business school in mainland China to launch entrepreneurship education and has developed a three-step educational systemof "theory-competition-practice". The MBA Entrepreneurship Competition, launched in 2002, has since become a prominent competition, having attracted top business schools from across Great China region to participate. In the past three years, ACEM's MBA Entrepreneurship Fund has supported 37 projects, giving out a total value of 11 million yuan.
Antai's Master in International Business program is a highlight program that focuses on learning business in China. Students in this program are highly diverse in terms of cultural background. They come from over 30 countries across Asia, North America, Europe, Africa, over 70% from western countries.
About Antai-IE MBA Dual Degree Program
Relying on the strong history and reputation of SJTU, ACEM has gathered top students from around the country. The Antai-IE MBA dual degree program is a significant partnership that brings together the top-notch business schools in China and Europe. The program is currently open for application and we invite students with global business ambitions to join the cohort.
About Antai's MIB Program
The rapid growth of China's economy has attracted more and more students from all over the world to study in China. Being a pioneer in this trend, Antai launched the Master of International Business (MIB) program, which was tailored made for international students to receive advanced education in international business and management. After a two-year study (courses + intern/exchange + thesis) in this English taught program, students will be equipped with comprehensive knowledge and skills of international business and cross-cultural management, as well as a profound understanding of doing business in China.
About IE Business School
IE Business School was founded in 1973 and has become one of the best business schools in Europe and around the globe. IE Business School has consistently been ranked among top places by prominent medias, bearing the mission of promoting business innovation and creating business opportunities for social advancement. Located in Madrid, Spain, IE Business School has over 500 faculty members and students from 106 countries and regions. Currently, the school has 15000 alumni holding managerial positions across the world.
SOURCE Antai College of Economics and Management, Shanghai Jiao Tong University