Why study an MBA in Hong Kong?
One advantage of studying an international MBA program in Hong Kong is the location - a city with such a rich business and entrepreneurial heritage offers a huge advantage for MBA students. Hong Kong's vibrant economic environment attracts businesses from all over the globe, giving graduates great career prospects.
Hong Kong is a dynamic, upbeat, 'can do' city and its business advantages are legendary. As well as everything else, it is on the doorstep of mainland China – placing it at the very heart of Asia.
What international MBA programs are offered in Hong Kong?
There are many full and part time MBA courses offered in Hong Kong, so you can choose whether you want to take on an intensive or more spread-out workload. A typical full time MBA program in Hong Kong requires students to take compulsory classes in areas that will teach you essential skills, such as business law and ethics, and areas that will give you core knowledge - such as corporate finance and managerial economics. You will also be required to take electives in whichever area of business most interests you. This allows you to tailor your MBA to meet your needs.
Immigration and visas in Hong Kong
Once accepted by a Hong Kong university, as an international student you must apply for a student visa/entry permit.
To support your visa, you will need a local sponsor (which can be arranged through your university) as well as a number of documents including completed and signed ID995 A and B forms (which can be downloaded from the Government of Hong Kong website); evidence of financial standing and proof of academic qualifications.
It can take up to six weeks to process a visa or entry permit so make sure you leave enough time to receive yours before you travel. You will also need to renew your visa each year you study, so always remember to do this at least four weeks before your old one expires.
What are the costs of studying for an MBA in Hong Kong?
The average cost of studying for your international MBA program in Hong Kong is HK$75,000- HK$120,000 per year, which is about £6,000-£10,000. If you decide to live in halls of residence or off campus in Hong Kong, you should expect to pay around HK$5,000 per semester which is only around £400 – an extremely good rate. In total you should put aside HK$30,000 - 60,000 (UK£2,400 – £4,800) per year for additional living costs.
Working in Hong Kong
Since 2008/9, international students have been able to take up study/curriculum-related internships, part-time on-campus jobs and summer jobs during their period of study (providing it’s longer than one year).
Upon acceptance, you will be issued with a No Objection Letter (NOL) indicating the terms of your employment rights.
With the introduction of the "Immigration Arrangements for Non-local Graduates" (IANG) in 2008, international graduates may apply to stay/return and work in Hong Kong after they’ve graduated.
International students can apply for 12 months' stay upon graduation without first securing an offer of employment upon application. Successful applicants are free to take up and change employment during their permitted stay.
What to do next
If you would like more information on choosing and applying for an MBA program in Hong Kong, sign up to our Free Application Service. We’ll get in touch with you with information tailored to your requirements, including advice on the best business course for you.
