Q1: Will the Faculty arrange hostel for students studying in the US?
A1: Yes. Hostel will be arranged by the host institution.
Q2: How much are the tuition fees and estimated living cost for HKDSE students?
A2: The current tuition fee for CUHK is HK$42,100 per year. The hostel and living cost in Hong Kong are estimated at HK$4,000 per month. The living costs in the US, including airfares, food, hostel fee, local transportation and study trips, totals US$15,600 approximately. Therefore, the total cost is about HK$434,080 (42,100 x 4 + 4,000 x 12 x 3 + 15,600 x 7.8).
Q3: The US$15,600 is for one year or four years?
A3: It is the total estimated expenses for studying in the US for one academic year, including airfares, living, accommodation, local transportation and study trips.
Q4: Will financial aid be granted to students in need?
A4: Yes. There are different forms of scholarships offered by the University, Faculty, Colleges and other institutions. In addition, financial assistance in the form of a loan will be provided on a need basis to cover all expenses.
Q5: What are the strengths of CUHK IBCE Program when compared to other local business programs?
A5: International Business and Chinese Enterprise (IBCE) is offered by The Chinese University of Hong Kong (CUHK) in collaboration with the Darla Moore School of Business at the University of South Carolina (USC) in the United States. Founded in 1919, the Darla Moore School of Business is an internationally recognized leader in international business research and education. It has been ranked No.1 in undergraduate international business education by U.S. News & World Report for 18 years.
IBCE is characterized by its great emphasis on advanced understanding of international business, in particular the business activities between China and the United States. The two institutions admit a total of 40 students in each cohort. Students of the two universities share courses and experiences together at both CUHK and USC. There is a unique blend of business courses taught by a pool of regional expertise and professors at two top-ranked business schools. Students will mainly take thematic and functional international business courses during their one-year exchange at USC and China-focused courses at CUHK.
In addition to classroom learning, students will be provided with plenty of opportunities to learn outside classroom. They will be encouraged to complete summer internships in the United States, Mainland China and/or Hong Kong to apply what they have learned. They will participate in overseas field trips in Asia and North America to personally experience the impact of culture on business practices and gain broader international exposure. They will also attend international business seminars which offer an exclusive platform for students to meet business leaders, senior executives and industry practitioners who share their experiences and work practices in the real business world.
IBCE students will build long lasting personal relationships with the outstanding students from the partner institution after spending three years together. This cross-cultural network prepares students to think and act globally. When they pursue careers in international business, this network will be a valuable asset.
Upon completion of their bachelor’s degree at CUHK, eligible students will continue with the one-year Master of International Business (MIB) offered by USC. The MIB curriculum focuses on the political, economic and cultural aspects of international business.
Q6: Any summer internships? When?
A6: IBCE students may work as interns during the summer holiday. There are many local internship opportunities, and some students even worked outside Hong Kong in cities such as New York and Shanghai.
Q7: How would IBCE help in students’ future career?
A7: Top multinational companies, international financial institutions, consulting firms and other corporations are targeting IBCE graduates who possess strong communication skills, extensive international exposures, a global mindset and a strong background and understanding of the US and Chinese markets.