Chapter 5 Conclusions
5.1 Research Findings
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CHAPTER 5 CONCLUSIONS
This study adopted case study approach, and selected a quite remarkable and long developed EMBA in Shanghai, Jiao Tong University's ACEM EMBA, as our subject. We explored four dimensions: the curriculum design, faculty arrangement, student feature, cooperation strategies by analyzing transcripts of in-depth interview and official website contents, brochures and other materials to identify the relationship between SJTU EMBA and required management talents of Shanghai regional economic development.
5.1 Research Findings
5.1.1 The Management Practices module, SJTU Features Integration module and International module have strong relations with the development of Shanghai's strategic emerging industries among the five modules of SJTU EMBA curriculums
SJTU EMBA curriculums can be categorized into five modules: Residential module at the beginning of the semester and before graduation, Methodology module, Management Practice module, International module, and SJTU Features Integration module. The Management Practices module, SJTU Features Integration module and International module have more apparent relations with the development of Shanghai's strategic emerging industries, such as financial services, Internet, transport and logistics, energy saving and environmental protection industries, compared with other two modules. We infer that the Residential module at the beginning of the semester and before graduation is
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mainly to identify, reflect and practice for students leadership, and focuses on the reviewing of individual's internal leadership, while the Methodology module is mainly to teach students research methods. So the association of these two modules and Shanghai regional economic development direction is weaker.
5.1.2 SJTU EMBA faculty’s professions has the strongest relations with International Economic and Financial Centers of "Shanghai Strategic Emerging Industries Development in the Twelfth Five Year Plan".
As for the faculty arrangement of SJTU EMBA, Antai EMBA faculty group currently has many professors, whose expertise are regional economic development and Chinese economy. According to "Shanghai Strategic Emerging Industries Development in the Twelfth Five Year Plan" issued by Shanghai municipal government, the key directions of future Shanghai development is the realization of the Four Centers: International Economic Centre, International Financial Centre, International Trade Centre, and International Trans Shipping Centre. After analyzing the research fields of Antai EMBA professors, we found that SJTU EMBA faculty’s professions has the strongest relations with International Economic Centre and International Financial Centre among the four goals, because many professors’ backgrounds are in Finance and Economics.
5.1.3 The industrial proportion of SJTU EMBA students is actually consistent with the required talents of Shanghai’s future international development goals. This reflects the urgent talents need for future industrial development of Shanghai.
Regarding the dimension of Antai EMBA student features, the industrial
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proportion of Antai EMBA students is actually consistent with the required talents of Shanghai’s future international development goals. Most of the SJTU EMBA students come from science and technology manufacturing, trade, telecommunications, media, and financial industries. This reflects the urgent talents need for future industrial development of Shanghai. In terms of the thesis research, it is expected that EMBA students study their industries and companies mainly and propose feasible solutions for their companies’ future development based on the management theories learning from the class. Antai EMBA even expects student’s research to combine with the problems and challenges of Shanghai’s economic and industrial development to suggest countermeasures, and the ultimate goal is to produce constructive researches for Shanghai as well as the country.
5.1.4 SJTU EMBA has adopted three strategies: the international renowned academic institutions, the cross-strait academic exchanges, and local government.
In terms of cooperation strategies, SJTU EMBA has adopted three strategies. The first is for international renowned academic institutions, the second is for the cross-strait academic exchanges, and the third is local government. About international cooperation, because the management talents SJTU EMBA recruits and nurtures must have high international perspectives and global management capabilities, therefore, SJTU EMBA also actively expands international cooperation strategy to dedicate to develop outstanding economic management talents with global vision and international competitiveness in order to meet the desired goals of Shanghai’s economic development.
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In terms of cross-strait academic exchanges, Taiwan's economic and industrial development mode can serve as the benchmark for Shanghai. For instance, the Hsinchu Science Park has always been the important center of Taiwan's technology industries, so cultivating management talents should be the mission of local EMBA, and these people are also their target customers. These EMBA students have a wealth of practical experiences of Taiwan's industrial development, it can be used as reference to the economic development in Shanghai. SJTU EMBA is also willing to have more interaction with National Chiao Tung University in Taiwan.
Finally, regarding the cooperation with local government, SJTU's ACEM cooperates with the Shanghai Municipal Government to establish Shanghai Advanced Institute of Finance, and offers financial EMBA to develop business leaders with global vision, outstanding talents and innovation ability to meet the urgent need of financial industrial development of Shanghai and China.