Top 10 Affordable Online MBA Programs in Asia: China and Japan Edition

Alex Lew, CFA
4 min readJan 7, 2024

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Discovering the ideal online MBA program in Asia, particularly in China and Japan, requires balancing cost, quality, and reputation. While specific cost details may vary, the following programs represent some of the most affordable and respected online MBA offerings in these regions.

Cheung Kong Graduate School of Business (CKGSB), China

  • A unique Executive MBA mostly taught online, with some in-person modules in Beijing, Shanghai, and Shenzhen. It’s a blend of eastern and western perspectives, making it a distinctive choice for those looking for a global outlook.

China Europe International Business School (CEIBS), China

  • CEIBS offers a globally recognized blended Global EMBA program. It includes online lectures and modules in 11 cities worldwide, catering to a diverse student body from over 20 countries.

Renmin University of China, Beijing

  • Renmin Business School provides two blended MBA programs, including one focusing on fintech. It’s an AACSB-accredited institution known for its contribution to China’s development and global leadership training.

GLOBIS University, Japan

  • Japan’s largest business school offers a flexible, two-year online MBA. It features real-time classes and a diverse student body. Notably, GLOBIS provides scholarships up to 50% of tuition, significantly reducing costs.

University of New South Wales (UNSW) — AGSM, Australia (Asia Pacific)

  • Although based in Australia, AGSM’s online MBA program has a strong presence in the Asia Pacific region. It offers specializations in high-demand fields such as technology and finance.

MGSM Macquarie Graduate School of Management, Australia (Asia Pacific)

  • Renowned for its quality, MGSM’s online MBA program is ranked top in Australia. It boasts a global alumni network and campuses across the Asia Pacific.

Heriot-Watt University — Edinburgh Business School (EBS), UK (Asia Pacific)

  • EBS delivers its online MBA in Malaysia and has partnerships in Hong Kong, Myanmar, and Singapore. This program offers a global learning experience, ideal for students in the Asia Pacific region.

University of Otago Business School, New Zealand (Asia Pacific)

  • One of the few online MBAs offered by a New Zealand business school, Otago’s program is AACSB and EQUIS accredited. The courses are live and held during the evening.

Hult International Business School, Global (Asia Pacific)

  • Hult offers a blended EMBA course with modules in Shanghai and other global cities. This program is suitable for those looking for a truly international experience.

Nexford University (Online in Japan)

  • An American MBA program offered 100% online in Japan. It is affordable at $280/month, focusing on practical, real-world skills for busy professionals.

Comprehensive Assessment

The quest for an affordable yet quality online MBA in Asia, specifically in China and Japan, is a journey through a diverse landscape of educational excellence and innovation. These programs are not just gateways to advanced business knowledge; they represent a fusion of cultural and economic perspectives, essential for the modern global business leader.

Cost and Accessibility: Affordability is a key factor for many prospective students. Programs like GLOBIS University in Japan and Nexford University offer substantial cost advantages, with the former providing scholarships up to 50% and the latter maintaining a low monthly tuition fee. These financial considerations are crucial in making higher education more accessible to a broader range of students.

Diversity and Global Perspective: Institutions like CEIBS and Hult International Business School stand out for their blended learning models, offering modules in various global cities. This approach not only broadens the cultural horizon of students but also embeds them in a network of global business practices and perspectives, an invaluable asset in today’s interconnected world.

Specializations and Industry Relevance: Programs from schools like the University of New South Wales and Renmin University of China offer specializations in burgeoning fields like fintech, technology, and healthcare. This targeted approach ensures that graduates are not only MBA holders but also possess deep insights into specific, high-demand industry sectors.

Accreditation and Quality: Accreditation by bodies like AACSB and EQUIS, as seen with the University of Otago and Renmin University, is a testament to the quality and international recognition of these programs. Such accreditation assures students of a curriculum that meets rigorous global standards, a critical factor for those looking to make their mark in international business arenas.

Networking and Alumni Connections: The strength of an MBA program is often measured by the robustness of its alumni network. Schools like MGSM Macquarie Graduate School of Management offer expansive networks, creating avenues for career advancement, mentorship, and global business connections.

In conclusion, the pursuit of an online MBA in Asia, particularly in China and Japan, is a balance of cost, quality, specialization, and global perspective. These programs offer more than just academic credentials; they are portals to a world of diverse business practices, innovative ideas, and global networking opportunities. For the aspiring business leader, these programs offer a platform not just to learn, but to excel in the dynamic world of international business.

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Alex Lew, CFA
Alex Lew, CFA

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