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FAQ
Q: Is working experience required to apply?
A: Yes, applicants must have three years of work experience by the start of classes in September. Only work experience AFTER the applicant’s undergraduate graduation date can be counted.

Q: How many admission periods are there per year for the MBA programs?
A: We have only one intake every year, in September.

Q: Is the GMAT required? How about IELTS/TOEFL?
A: A GMAT is required for all MBA applicants. Scores of 640 and higher are preferred, with scholarships starting for applicants with scores of 640 and higher. An IELTS or TOEFL English score is also required for students from non-native English speaking countries. However, if the applicants have received their schooling in English, the English test requirement is waived.

Q: How are applicants evaluated?
A: We take the following into account: each student’s GMAT and IELTS/TOEFL English scores, undergraduate transcripts, professional background, extracurricular activities, interview evaluations, recommendation letters, and the essay.

Q: What will the interview be like?
A: Interviews are held on the SAIF campus. Typically there are 2-3 interviewers present to conduct the interview, as well as admissions staff. Interviews last for about 60 minutes, and topics covered include schooling and professional background, current market, career aspirations, reasons for studying in Shanghai at SAIF, as well as specific questions raised based upon the applicant’s resume, transcript, test scores, essay, etc.

Q: Do I have to be present for the interview?
A: We encourage applicants to attend the interview in person. However, we conduct speakerphone interviews on designated interview dates when applicants are not able to attend in person.

Q: What is the difference in the application process between Mainland China, Taiwan/Hong Kong/Macao, and International Applicants?
A: Mainland China and Hong Kong/Macao/Taiwan students must take the National Entrance Exam, while foreign passport holders simply need to take the GMAT.

Q: Is scholarship funding available?
A: SAIF MBA offers a variety of scholarships as listed below:
Admission Scholarships, which are merit-based, are offered based on their background, interview performance and admission scores.
Continuing Scholarships, which are evaluated based upon the students’ academic performance and program participation during their studies.
School-level Scholarships. SJTU will offer a few scholarships for top students studying at SAIF.
Academic Competition Scholarships. SAIF will offer these scholarships for students who rank high in national-wide or international academic competitions.

Q: What distinguishes SAIF from other business schools in China?
A: The Shanghai Advanced Institute of Finance (SAIF) was established by the Shanghai Municipal Government at Shanghai Jiao Tong University (SJTU) in April 2009. SJTU is well-known as a top University in China, with 120 years of history.
SAIF is committed to developing top talent for the financial world and generating cutting-edge knowledge in financial theory and application. Its mission is to become a world class institute of research and higher learning with a prestigious faculty. As a member of Shanghai's financial community, it strives to contribute to the development of Shanghai as a global financial center.
SAIF’s Finance MBA program aims to help those who want to pursue a successful career in finance. Whatever your prior profession was, SAIF paves your way towards the financial world with:
- World class scholars and experts in Finance with knowledge in both western and Chinese markets;
- Advanced curriculum in Finance to develop and expand your knowledge;
- Financial trading laboratory with real-time stock market data;
- Visiting finance luminaries who lead forums that exchange of ideas and knowledge;
- Not just finance – also covering other relevant subjects;
- An increasingly valuable degree, given the rapid growth of SAIF and Chinese financial markets;
- Tailor-made career services.

Q: Can I study in Chinese?
A: The Full Time MBA class is taught completely in English. However, if you are fluent in Mandarin Chinese or have an HSK score of 6 or higher, you can apply for the part-time MBA programs, which are mainly taught in Mandarin.

Q: What is the GMAT code for SAIF?
A: The GMAT code for SAIF MBA program is 6QS-S6-21.

Q: What career services do you provide for employment in Shanghai?
A: The SAIF Career Development Center works hard to connect international students with internships and full-time employment upon graduation. Students are encouraged to meet with the CDC staff to discuss employment preferences and their professional background.
Conversational Chinese skills are also very helpful for finding employment in China, as most companies list this as a prerequisite. The CDC works with multinational corporations and Chinese corporations in Shanghai, and hosts employer presentations and career fairs every semester.

Q: Can I study abroad during my MBA studies at SAIF?
A: Yes, you may choose to study abroad in any one of our 15 partner schools in leading universities around the world. This takes place during the third semester for 3-5 months.
For more information, please refer to:
http://en.saif.sjtu.edu.cn/content/page/18.html

Q: How much does tuition cost? When is it due?
A: The total tuition for two years is 308,000 RMB for full-time matriculation, and 408,000RMB for part-time matriculation. Successful applicants will receive a letter of acceptance after the interview, which also contains information about tuition payment deadlines. Typically, the initial tuition portion must be paid within two months after the acceptance letter is issued. Tuition is paid in two installments: half for the first year, and half for the second.

Q: Can you tell me about the class/curriculum structure?
A: It is a two-year program. In the first year, we have six-module compulsory courses consisting of: orientation courses, foundation courses, finance-core courses, management core courses, soft power courses, and international focus courses. In the second year, students should complete at least 10 credits for electives and also complete their final thesis. There are about 40 electives open for students to choose from, which are also divided into six tracks including: Capital Market track, Corporate Finance track, General Management Track, Practice of Finance track, Practice of Management track, and Soft Power Development track.
The compulsory courses are held during daytime hours on weekdays, while the electives are mostly held on weekends and weekday evenings.

Q: How many months do students have to write their thesis?
A: It takes about 6 months. The orientation for thesis writing will be held in September. Students are expected to compose all the content before mid-April. Students will be writing the thesis while taking electives during the second academic year.

Q: Are there any breaks between classes? Is there a Summer or Winter holiday?
A: Since SAIF MBA program is very intensive, there is no clear break between classes during the semester. However, there is a Spring Festival holiday of a month-long duration, from the middle of January to mid-February, and a Summer break of at least 6 weeks duration (depending on the electives you have chosen).

Q: How many faculty members are there, and what percentage have advanced degrees from International universities?
A: We boast a world-renowned team. Our faculty consists of about 21 full-time professors and more than 30 special-term professors. All professors have PhD's from top international universities such as MIT, Stanford University, UC Berkeley, Wharton, etc. Most of our senior professors received their tenure in top North American or European business schools before joining SAIF.

Q: What kind of extracurricular activities does SAIF provide?
A: SAIF hosts frequent guest lecturers from industry leaders of financial or international corporations in Shanghai. We also have student-led clubs, regular trips to historical and cultural sites in China, intercollegiate sports competitions, and academic competitions. Students often arrange informal trips in Shanghai and around China in their free time.

Q: How much does it cost to live in Shanghai?
A: Shanghai is the most expensive city in China, but living costs are still lower than most Western countries. Rent is about 4,000 RMB/month, and meals, transportation, and shopping cost much less than Europe or the Americas. Budgeting 4,000 RMB/month (beyond rent) is enough to live a comfortable life in Shanghai.

Finance MBA
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