Top business leaders graduate from W. P. Carey School programs in China

Executive dean Buck K.W. Pei

Some of China’s most prominent business and government leaders graduated from the W. P. Carey School of Business programs in Shanghai this month.

The Financial Times, Britain's equivalent of The Wall Street Journal, ranks the school's executive MBA program in China No. 28 worldwide and the No. 2 executive MBA program affiliated with any public U.S. university. Students are major players in the international business world.

“We’re proud to teach students at the highest levels of the Chinese business community about strategy, finance and management,” says the head of the W. P. Carey School's Shanghai programs, executive dean Buck K.W. Pei. “We explain how to apply these subjects to the country’s fast-growing economy and help to shape relations between the U.S. and China through these impressive students, since they’re in charge of policymaking that can affect literally millions of people.”

About 150 students received diplomas at the July 5 graduation ceremony. Among the attendees: Arizona State University Provost Robert Page, Nobel Prize-winning professor Edward Prescott of the W. P. Carey School, and Pei. The W. P. Carey School offers a total of three programs in China: a Master of Science in Management, a new Doctor of Business Administration and the highly ranked executive MBA program.

Around 90 students graduated from the prestigious EMBA program this year, including several top bank executives, vice president of a major newspaper publishing group in China and director of the Ministry of Finance of the People's Republic of China. Other program alums include three vice governors of China’s major provinces, six vice mayors of Shanghai, the chief executive officer of the Shanghai Stock Exchange, the chief executive officer of Baosteel, the chairman of Shanghai Airlines and many other top leaders. Faculty members are recruited from both ASU and other top universities, including Yale University, Massachusetts Institute of Technology and the University of California, Berkeley.

About 50 students graduated from the newer Master of Science in Management program, and the graduation ceremony was accompanied by the school’s annual executive forum in China. The forums always include high-ranking government officials and elite academics. This year’s theme was “World Economy and China: Future Trends and Challenges.” Speakers included Nobel Laureate Prescott and the director of the Research Institute for Fiscal Science at China’s Ministry of Finance, Kang Jia.

One other related event was held on July 4 in the Radisson Blu Hotel Shanghai New World. W. P. Carey School students and alums in China were invited to a reception to network, meet ASU’s provost and Prescott, and hear updates about the school. More than 100 people attended.

The W. P. Carey School’s Shanghai degree programs are offered in conjunction with China’s Ministry of Finance and the Shanghai National Accounting Institute.