CEIBS on Xi's Call to Boost China's Education System

The video discusses the impact of COVID-19 on international student mobility in China, highlighting a significant drop in foreign students. Strategies to attract students, such as scholarships, are explored. The current job market challenges and the decreasing demand for general MBAs are examined, with a shift towards specialized masters. A brief interruption covers the Senate vote on a debt limit deal. The video concludes with a discussion on adapting business school syllabi to industry changes, emphasizing digital transformation and new technologies.

What has been a major challenge for Chinese universities in attracting foreign students post-COVID?

• Lack of scholarships

• Increased tuition fees

• Decreased interest in China

• Travel restrictions

Why has there been a decline in the number of students taking the GMAT?

• Increased difficulty of the test

• Preference for specialized master's programs

• Higher costs associated with the test

• Lack of available test centers

What is one reason for the growing interest in specialized master's programs?

• They are easier to get into

• They are less expensive

• They offer better job prospects

• They are shorter in duration

How are business schools adapting their curricula to meet new industry demands?

• By extending the duration of MBA programs

• By reducing the number of courses offered

• By focusing more on traditional subjects

• By integrating new technologies and digital transformation

What is a significant change in the business world that schools are addressing in their programs?

• Increased focus on traditional industries

• Shift from automotive to mobility industry

• Decreased importance of digital skills

• Focus on local markets only