Take the MBA of Peking University as an example. MBA Business School of National Development Research Institute of Peking University, formerly known as Peking University International MBA, was established in 1998, located in the beautiful Royal Garden of Peking University. It is the first Sino-foreign cooperative education project approved by the State Council Academic Degree Office in Beijing, and it is also a cross-century foreign cooperation project of Peking University. BiMBA Business School, affiliated to the National Development Research Institute of Peking University, is an educational institution that provides degree education in business administration and tailor-made training programs in business administration (EDP), finance and administration for various industries, enterprises and other types of units.