School joint Executive MBA program marks decade in Hong Kong
global partnership celebrates anniversary with conference
any measure, the
executive MBA program offered jointly by the Kellogg School
and the Hong Kong University of Science and Technology (HKUST)
has been among the world's most successful.
launching 10 years ago, it consistently has been named one
of the world's top EMBA programs. In 2006, Financial
Times ranked the program No. 3 in its global survey.
huge alumni turnout at the partnership's 10th anniversary
celebration May 25-26 provided further evidence of the program's
success. About 55 percent of the program's 461 alumni returned
to the Hong Kong campus to mark the milestone.
a lot of pride in this program," said Steve DeKrey '85,
program director and HKUST associate dean. "Our alumni
feel very good about completing this degree and about the
bonds they have built with classmates. This was a reunion
for them and a chance to celebrate the program's success."
gathering's centerpiece was a daylong conference featuring
18 renowned speakers, including Henry Tang, financial secretary
of the Hong Kong Special Administrative Region, Daniel Pink,
author of the international best-seller A
Whole New Mind, and David Li, chairman of The Bank
of East Asia.
event provided an opportunity for many to reflect on the program's
the first months, it was sort of like selling air," DeKrey
said. "People were wondering: 'Is Kellogg really a partner
in this? Is this really a joint degree?' The Kellogg name
enabled us to launch strongly. But we still had to prove ourselves."
welcoming its first class, the Kellogg-HKUST program has refined
its curriculum, adding courses on topics such as Asian investment,
family business and corporate governance to its core offerings.
The class size has grown from 33 in the first graduating class
to 55 in the current one.
student body has grown more international too. When the program
began, about 80 percent of the students were based locally.
Now, 55 percent travel from other countries to attend the
twice-monthly weekend classes at HKUST. Some come from as
far away as Chicago and New York. According to DeKrey, these
far-flung students often plan to relocate to Hong Kong eventually,
and find participation in the program a good way to build
their network and learn about business in Asia.
wondered in the beginning if people would get on a plane to
fly to a class in Hong Kong," DeKrey said. "Clearly,
for a high-quality program such as this, they will. Within
a five-hour plane ride is probably half the world's market.
It's a very large base, especially when you think about the
cities we are drawing from: Manila, Bangkok, Beijing, Tokyo,
program continues to grow and innovate. In 2011, HKUST will
open a new building with space dedicated to executive programs,
with lecture rooms, bedrooms and group-meeting rooms. And
there is talk of opening a satellite program in one of the
many major business centers in Asia.
decision to partner with the Kellogg School in 1997 was one
of the most significant that the HKUST Business School has
ever made," HKUST Dean KC Chan said. "Within a decade,
the Kellogg-HKUST EMBA has grown from an innovative idea to
a global success."