MBA tuition continues to rise. In fact, in the past two or three decades, MBA tuition fees may have risen the fastest among all consumption items, far higher than the growth rate of applicants' income. The MBA is more and more expensive, because the MBA diploma is really more and more valuable. MBA is an internationally recognized degree, which aims to develop the skills needed for business and management. In addition, the value of MBA is not limited to the commercial field, but also useful for those who want to engage in management work in the public sector, government, private enterprises and other fields.
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MBA education in China started very late, which is the product of reform and opening up. In 1980s, we began to study and introduce American MBA education. 1988 deans and professors from Tsinghua University, China Renmin University, Nankai University, Tianjin University, Xi Jiaotong University and Shanghai University of Finance and Economics held a two-day meeting with the leaders of the Ministry of Education and the degree office in Tsinghua University to discuss the necessity, feasibility and relevant policies of developing MBA education in China.
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