The rich can no longer pay to get an EMBA(Executive Master of Business Administration) diploma, China's Ministry of Education (MOE) said on Wednesday, after raising enrollment credentials to require high scores at national exam and political awareness.
According to the guideline on streamlining the MBA (Master of Business Administration) programs the MOE issued, the 64 institutes of higher learning currently running EMBA programs will can longer organize entrance exams beginning Dec. this year, rather, candidates must take a national entrance exam.
Candidates need to score above a required score designated by the MOE in order to get recruited, the guideline said.
Apart from academic credentials, candidates will also be assessed of their personality and capability, particularly in the area of political awareness, during an interview session.
Those who fail ideological and political assessment will be disqualified, according to the guideline.
Moreover, the guideline prohibits schools awarding diplomas to under-performers, or those not attending enough classes, saying bribery cases popped up in academic evaluation will be seriously investigated.
The guideline also tightened management over overseas study tours offered by MBA programs, saying schools running these programs must establish an approval procedure, and study tours could by no means morph into sightseeing tours.
China launched its EMBA programs in 2002.