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By Frederik Balfour, Bruce Einhorn, Moon Ihlwan, Mehul Srivastava, and Hiroko Tashiro
For years, Asians interested in entering the best business schools had little choice but to head to the West. Now, though, business schools throughout Asia are trying to become more competitive with the top schools in the U.S. and Europe. B-schools in China, Hong Kong, South Korea, and other parts of Asia have been making their curricula more global and recruiting more professors from abroad. At the same time, Asian business schools increasingly are partnering with one another or with schools from the West to offer more options to their students.
With the global economy in the doldrums, the competition to enter business schools is growing far more intense as students look to escape the dire job market and improve their chances of getting a well-paying position when the world recovers. So even though Asian schools are still no match yet for the Whartons and Kelloggs of the world, more and more Asian students are now looking to them as alternative places to get their MBAs. For more on the best business schools in Asia, read on.