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2010 Enrollment of SAIF MBA Officially Launched
On the evening of June 19th, Senior Financial Forum and SAIF 2010 MBA Enrollment Launch Ceremony was officially held in Bank of China Tower in Lujiazui distrcit, Shanghai. This event marks that SAIF, as the high level financial institute which has received 320 million RMB worth of investment from the Shanghai municipal government, has officially launched its first admissions’ procedure since it was established under the support of Shanghai Jiao Tong University.

Since its inception in 2008, SAIF has launched its first finance MBA class. The MBA students were from the finance MBA class of Shanghai Jiao Tong University. During the first time enrollment in 2009, SAIF has enrolled 63 students, all of whom excel at their work and study, have an average of 7 years’ work experience. 55 % of the enrolled are from the financial sector, while more than 35% of the class are dual-degree holders or above.

In 2010, SAIF plans to further widen the field of recruitment of high-quality talent with the following initiatives:

Initiative One: To conform to international norms, those with GMAT / GRE entrance exams results above the national score average will now be considered for interview.
Since our MBA program expects students to already have a comprehensive knowledge, SAIF will be adopting a GMAT / GRE-based recruitment channel. Those candidates who have obtained an above average GMAT/GRE score will be given as much consideration for interview as those with an above average equivalent score in the national exams.

Initiative Two: Priority on performance at interview. For the very first time the selection basis will go beyond the written examination.

In order to obtain a wider selection of outstanding talents, SAIF will look at the candidate’s best academic performance or vocational achievements. Those candidates who are found to meet the requirements are eligible for interview. The background assessment mainly tests the applicants’ personal presentation skills, references and his or her academic and the career background. In the interview, questions about the financial sectors will be involved but not too technical, as SAIF encourages the applicants to pay close attention to topical financial and economic affairs. During the group discussion, some English cases will be included. Those who pay close attention to the financial industry will be able to cope even for those applicants from a non-financial background.

Initiative Three: To increase full-time curricula teaching in English, special admission policies and scholarship programs will be granted to full-time students.

SAIF will establish a full-time MBA courses for the first time in 2010, using the part-time classes in 2009 as a basis. The courses will all be taught in English with 3 core subjects in capital markets, corporate finance, and integrated finance. SAIF will provide a wide range of career development services including summer internships, overseas exchange studies and high-level lectures by professionals from the financial industry.

In 2010, SAIF will launch large-scale scholarship opportunities for the first time, including 2 full-scholarships, 8 half-scholarships and 16 quarter-scholarships. Furthermore, in order to attract more talented students to apply for full-time courses, SAIF will also grant special scholarships to full-time students.

Initiative Four: Further opportunities will be available to outstanding candidates by introducing the pre-interview.

SAIF will introduce the pre-interview in 2010. Unlike other institutions and universities, SAIF will provide special awards to qualified candidates of 5 to 10 additional points and 10,000 RBM scholarships as an encouragement to join. Moreover, the qualified candidates from the pre-interview will also receive third –class scholarship or above if their joint entrance examination results meet the academic requirements. In particular, those eligible who take part in a pre-interview can get an additional 5 points.

Initiative Five: Complete Scholarship and loan mechanism for students

In 2010, the tuition fees of a financial MBA will be 128,000 RMB, which is a special price compared to other MBA courses in China. At the same time, SAIF will set up a set of scholarship programs, such as Pre-interviews Scholarship, GMAT / GRE high score Scholarship, SAIF New Students’ Scholarship, etc.

Additionally, taking advantage of the resource of SAIF in the financial sector, SAIF has reached an agreement with the major banks to help students financially by offering low-rate loans totaling up to 80% of the tuition fees.

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