The Hong Kong University of Science and Technology has topped the world in an international ranking of executive MBA programmes.
The programme, which is run in partnership with Kellogg School of Management in Chicago and Miami, came first in the Financial Times Global EMBA rankings, released yesterday.
The salaries of graduates averaged US$315,397, with students averaging an 84 per cent increase in earnings by the time they completed the course. Chinese University's EMBA programme ranked 15th, the highest position for an independently developed course in the Asia-Pacific region.
A collaborative programme run by Fudan University in Shanghai and Washington University's Olin Business School ranked seventh, while the next-highest placed Chinese programme was the Ceibs Business School in Shanghai, at 23rd.
Leonard Cheng Kwok-hon, acting dean of business and management at HKUST, said: 'This is an important milestone in Hong Kong as it is also the first time commercial education in Hong Kong has ranked globally as number one.'
The programme, launched in 1998, first made it onto the FT's global rankings in 2003, when it was placed ninth. It reached second place in 2005 and was ranked third last year.