ETS
China and CEIBS
Establish GRE¢ç
Full Scholarship
for 2023 MBA Applicants
ETS China, a subsidiary of ETS based in Beijing, and the China Europe International
Business School (CEIBS) have reached an agreement to establish the CEIBS
GRE¢ç Full Scholarship, to be awarded to a 2023 Master of Business Administration
(MBA) applicant. The scholarship covers full tuition and aims to cultivate
outstanding young talent in business schools.
Although the global economy continues to feel effects of the pandemic
and economic downturns, and considering the countercyclical pattern of business
education applications, the enthusiasm of young people to improve their
competencies and personal growth through business education remains strong.
Amongst applicants applying to graduate-level institutions worldwide through
the GRE General Test during the 2020–2021 academic year, 10% said they planned
to major in business. Amongst them, the proportion of Chinese students reached
20%. In the past 5 years, an increasing number of Chinese candidates have
used GRE scores to apply to business schools, at a growth rate of 66%.
¡°Through
the strategic cooperation agreement with CEIBS, ETS China will fully utilize
its strengths to support the school¡¯s mission to cultivate future leaders with
an international vision,¡± said Miranda Wang, Managing Director of ETS China.
¡°The GRE test has a large number of candidates with diverse backgrounds, which
will provide support for CEIBS to recruit applicants with the diversity and
competencies required by business schools. Additionally, based on the
cooperation network established by ETS China and global institutions,
especially with more than 1,300 business schools, we will further our
discussion with CEIBS on trends of business education and talent training to
promote business education development in China.¡±
The first CEIBS GRE Full Scholarship will be open to students who have
valid GRE General Test scores and have successfully been admitted to the CEIBS
2025 full-time MBA program (2023 intake). In the future, CEIBS and ETS China
will carry out further cooperation in the fields of applicant evaluation,
promoting business education development and talent cultivation.
"CEIBS's vision is to integrate education, research and business
practices from China and the world, promote the creation and dissemination of
knowledge, facilitate China's socioeconomic development, and become the world's
most respected international business school,¡± said Professor Ding Yuan, Vice
President and Dean of CEIBS. ¡°The diversity and globalization of talents are
crucial for the school¡¯s development. As a subsidiary of the world's largest
nonprofit educational assessment and research organization, ETS China and its
access to a global community of candidates provide support for CEIBS in
identifying qualified applicants. We look forward to contributing to the
cultivation of outstanding talents through the cooperation between the two
parties."