MBA in Hong Kong is a 1-2 year program offered on full-time basis to all the domestic as well as international students, the program has three application intakes: January, August, and September. The cost of studying MBA from top universities in Hong Kong can range from 450,000 HKD- 600,000 HKD, which converts to approximately 46-62 Lakh INR for an Indian student.
To secure admission in MBA degree in Hong Kong an international student must fulfill some common admission requirements for MBA set by the universities, such as a satisfactory GMAT score, 2-3 years of professional work experience, IELTS score of 6.5 or above, and the shortlisted candidates will also have to go through a admissions interview to secure a seat in the MBA program of a top university in Hong Kong.
Course Highlights
| Program | MBA |
| Program Type | Full-time |
| Program Duration | 1-2 years |
| Eligibility Criteria | A Bachelor’s degree from a recognized university |
| GMAT | A minimum GMAT score of 600 or above |
| English Proficiency Requirements | IELTS(6.5 or above), TOEFL (90 or above) |
| Tuition Fee Range | 450,000 HKD- 600,000 HKD (46-62 Lakh INR) |
| Average Salary | 50,000 HKD- 600,000 HKD (52-62 Lakh INR) |
Top Universities offering MBA in Hong Kong
Hong Kong being the hub for business graduates has many universities offering MBA specializing in different domains. Following are some of the top universities offering MBA in Hong Kong:
| University | Program | Deadlines | Total Tuition Fees (HKD) |
|---|---|---|---|
| The University of Hong Kong | MBA | 23 February 2023 | 588,000 |
| The hong Kong University of Science and Technology | MBA | 8 March 2023 | 600,000 |
| The Chinese University of Hong Kong | MBA | 16 March 2023 | 580,000 |
| City University of Hong Kong | MBA | 31 March 2023 | 424,000 |
| The Hong Kong Polytechnic University | MBA | 30 April 2023 | 437,190 |
| Hong Kong Baptist University | MBA | 5 May 2023 | 340,000 |
Explore: Top Business Universities in Hong Kong
Why study MBA in Hong Kong?
- According to the latest labour force statistics (i.e. provisional figures for August - October 2022) released by the Census and Statistics Department (C&SD), the seasonally adjusted unemployment rate in Hong Kong decreased from 3.9% in July - September 2022 to 3.8% in August - October 2022.
- Hong Kong has some top ranking universities offering MBA such as The University of Hong Kong which is ranked No.1 in Asia for the 10th time and has the highest 10-year ROI and shortest payback period MBA in the Asia pacific, according to the TOP MBA.com Return on Investment Report.
- Hong Kong ranks 10th worldwide for employer activity and is known for its strong financial sector.
Also read: Why study in Hong Kong?
Admissions for MBA in Hong Kong
The admission process for MBA in Hong Kong is less stringent than other counties. But competitive scores such as GMAT still make an important part of the admission process. The section below discusses a detailed overview of the guidelines set by the universities to get admission to an MBA in Hong Kong, it includes the eligibility criteria, exams required and other relevant information for international students.
Eligibility Criteria
In general, Hong Kong universities have three application intakes: January, August, and September. During these terms, most of the programs are available. Indian students can also apply for this term because the majority of students receive their final grades in June.
To get admission in any of the terms the applicants have to fulfill the eligibility criteria for the university they are applying to.
- Academic Degree- A Bachelor’s degree from a recognized university.
- GMAT Score- A satisfactory GMAT score is required by all the universities.
- English Proficiency Test Score- IELTS (6.5 or above), TOEFL.
- Statement of Purpose- Showing your interest in the program and your future plans.
- Letters of Recommendation- A minimum of 2 LORs are required.
- Experience- Minimum of 2 years’ full-time work experience.
Explore: Hong Kong visa requirements
Admission Requirements for MBA in Hong Kong
The following table shows the detailed information about the specific admission requirements set by the top universities to get admission to an MBA in Hong Kong, such as IELTS score of 6.5 or above, 2 years of work experience, a bachelor’s degree from a recognized university.
| University | Academic Requirement | IELTS Score | Additional Documents (Work Experience, Resume, essay, SOP and LOR) |
|---|---|---|---|
| The University of Hong Kong | A recognised bachelor’s degree. | 6.5 or above | 6.5 years of work experience SOP, 2 LOR, Admission Interview. |
| The Hong Kong University of Science and Technology | A Bachelor’s degree from a recognized university | 6.5 or above | Minimum of 2 years’ full-time work experience SOP, 2 LOR |
| The Chinese University of Hong Kong | A Bachelor’s degree from a recognized university | 6.5 or above | Minimum two years of full-time post-qualification work experience SOP, 2 LOR |
| City University of Hong Kong | A Bachelor’s degree from a recognized university | 6.5 or above | Admission Interview SOP, 2 LOR |
| The Hong Kong Polytechnic University | A Bachelor's degree, postgraduate degree or postgraduate diploma in any area | 6 or above | 4 years' experience in a managerial or professional capacity Admission Interview SOP, 2 LOR |
| Hong Kong Baptist University | A Bachelor’s degree from a recognized university | 6.5 or above | At least three years of relevant work experience Admission Interview SOP, 2 LOR |
Explore: Exams to study for admission in Hong Kong
Cost of study in Hong Kong
If you are planning to study in Hong Kong then you should know that the cost of study for an international student is the accumulation of the tuition fee and the cost of living in Hong Kong.
And due to the difference in the fee structure of the universities, the cost of study could be different for every student. The average annual cost of study in Hong Kong can range from 636,000 HKD- 786,000 HKD (66-82 Lakh INR).
Tuition Fees for Top Universities
Following table shows the total tuition fee of the top universities offering MBA in Hong Kong. The average tuition fee for pursuing MBA in Hong Kong can range from 450,000 HKD- 600,000 HKD (46-62 lakh INR).
| University | Total Tuition Fees (HKD) | Fee for Indian Students (INR) |
|---|---|---|
| The University of Hong Kong | 588,000 | 61.37 Lakh |
| The hong Kong University of Science and Technology | 600,000 | 62.62 Lakh |
| The Chinese University of Hong Kong | 580,000 | 60.53 Lakh |
| City University of Hong Kong | 424,000 | 44.25 Lakh |
| The Hong Kong Polytechnic University | 437,190 | 45.63 Lakh |
| Hong Kong Baptist University | 340,000 | 35.48 Lakh |
Cost of living in Hong Kong
The cost of living in Hong Kong includes accommodation, food, transportation, medicines, and personal expenses. The average monthly cost of living in Hong Kong is 15,500 HKD (1.61 Lakh INR)
| Expense Type | Average Monthly Expense (HKD) | Cost for Indian Students (INR) |
|---|---|---|
| Accommodation | 8000 | 83.49 Thousand |
| Meals | 4500 | 46.96 Thousand |
| Transportation | 1000 | 10.43 Thousand |
| Personal Expenses | 2000 | 20.87 Thaousand |
| Total | 15,500 | 1.61 Lakh |
Explore: Student Accommodation in Hong Kong
Scholarships in Hong Kong Universities
Studying in Hong Kong can be expensive as international students are not allowed to work as there are restrictions on the types of part-time work they can take up; however, study-related internships, part-time jobs on campus, and summer vacation work were allowed to non-locals post-2008. Following are some of the scholarships in Hong Kong cater for international students and to support the most talented international applicants.
| Scholarship | Award Value |
|---|---|
| The University of Hong Kong MBA Merit-Based Scholarship | 150,000 HKD to 350,000 HKD |
| The Hong Kong University of Science and Technology MBA Merit-Based Scholarship | Covers upto 100% Tuition Fee |
| City University of Hong Kong MBA elite scholarship | Up to 150,000 HKD |
| The Hong Kong Polytechnic University Merit-Based Scholarship | 195,000 HKD/year |
Jobs and Placement Opportunities after MBA from Hong Kong
MBA graduates have a lot of job opportunities, especially in Hong Kong as it is the hub for international business. The average salary of an MBA graduate in Hong Kong is 400,000 HKD- 600,000 HKD (42-62 Lakh INR).
Following are the job opportunities available after graduation in MBA from Hong Kong.
| Profession | Average Salary (HKD) | Salary for Indian Student (INR) |
|---|---|---|
| Business Development Manager | 408,902 | 42.67 Lakh |
| Finance Manager | 571,105 | 59.60 Lakh |
| Operations Manager | 417,917 | 43.61 Lakh |
| Business Analyst | 301,249 | 31.44 Lakh |
| Project Manager | 527,804 | 55.08 Lakh |
| Business Consultant | 409,853 | 42.77 Lakh |
Degree Comparison in Hong Kong and Canada
MBA in Hong kong vs MBA in Canada
| Parameter | MBA in Hong Kong | MBA in Canada |
|---|---|---|
| Duration | 1-2 Year | 1-2 Year |
| Average tuition fees | 450,000 HKD- 600,000 HKD (46-62 Lakh INR) | 35,000(CAD)-70,000(CAD) (21-42 Lakhs INR) |
| Cost of living | 15,500 HKD | 1430 CAD |
| Admission Requirement | A Bachelor’s degree from a recognized university | 1st Class in Bachelor's degree (4 Years), 2 years of work experience |
| Visa | HKSAR student visa | Study Permit |
| English language proficiency tests | IELTS, TOEFL | IELTS, PTE, TOEFL |
| Average Salary | 50,000 HKD- 600,000 HKD (52-62 Lakh INR) | 65,000 CAD- 105,000 CAD (39-63 Lakhs INR) |
An MBA in Hong Kong would provide students with high quality education with access to a vast network in a dynamic city. The average annual cost of study in Hong Kong can range from 636,000 HKD- 786,000 HKD (66-82 Lakh INR). and the average salary of an MBA graduate in Hong Kong is 400,000 HKD- 600,000 HKD (42-62 Lakh INR). The cost of studying MBA in Hong Kong can range from 450,000 HKD- 600,000 HKD, which converts to approximately 46-62 Lakh INR for an Indian student.
Explore: Work after study in Hong Kong for international students
FAQs
Ques.Is work experience mandatory to pursue MBA in Hong Kong?
Ans.Most of the Universities in Hong Kong require an average work experience of 2–3 years at the managerial level. However, the average age requirement is higher. Thus, 3 to 5 years of experience would be ideal. Private Institutions offer MBA in Honk Kong programs for fresh graduates too. Thus, you can join them straight after your graduation in India.
Ques.What is the duration of the MBA program in Hong Kong?
Ans.MBA programs in Hong Kong are generally between 1 and 2 years in duration with multiple options for 1 year.
Ques.What are the English Language Proficiency requirements to study MBA in Hong Kong?
Ans.You will fulfill the English Language requirements with one of the following proficiency attainments TOEFL - IBT: 80, or IELTS: Overall Score: 6.5 and all sub scores: 5.5.
Ques.Is a personal interview required for admission to MBA in Hong Kong?
Ans.Yes. A face-to-face interview will be arranged for short-listed candidates residing in Hong Kong. Otherwise, video interviews via the Internet are conducted.
Ques.What are some best universities to pursue MBA in Hong Kong?
Ans.The Hong Kong University of Science and Technology (HKUST), The University of Hong Kong (HKU), The Chinese University of Hong Kong (CUHK), and City University of Hong Kong are some of the top universities offering MBA in Hong Kong.
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