Real Estate Investment Banker Wm. Polk Carey Helps Launch Educational Partnership with the People's Republic of China.
Business & Real Estate Editors
SHANGHAI, China--(BUSINESS WIRE)--Sept. 17, 2003
W. P. Carey MBA MBA
Master of Business Administration
Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration Shanghai Program Represents the First Partnership
Between the People's Republic of China and a U.S. Business School
Wm. Polk Carey, Chairman and Co-CEO of W. P. Carey & Co. LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control (NYSE NYSE
See: New York Stock Exchange : WPC WPC (in Britain) woman police constable
WPC (Brit) n abbr (= woman police constable) → Polizistin f
WPC n abbr (BRIT ), will join Chinese government officials, Shanghai business leaders and U.S. scholars to officially launch the W. P. Carey MBA Shanghai program on September 20, 2003. The executive education program, affiliated with the W. P. Carey School of Business The W. P. Carey School of Business is one of the schools of Arizona State University, and one of the nation's leading business schools. The W. P. Carey School of Business is among the largest in the United States with over 2,600 upper-division undergraduate students and over 1,200 at Arizona State University Arizona State University, at Tempe; coeducational; opened 1886 as a normal school, became 1925 Tempe State Teachers College, renamed 1945 Arizona State College at Tempe. Its present name was adopted in 1958. (ASU ASU Arizona State University (Tempe, AZ)
ASU Appalachian State University
ASU Arkansas State University
ASU Angelo State University
ASU Alabama State University
ASU Australian Services Union ), represents the first partnership between a U.S. business school and the government of the People's Republic of China
Developed in cooperation with the Chinese Ministry of Finance, the W. P. Carey MBA Shanghai will be delivered in collaboration with the Shanghai National Accounting Institute (SNAI SNAI Shanghai National Accounting Institute ). In contrast to other business education programs offered on-line by other U.S. schools in China, the W. P. Carey MBA Shanghai will be delivered face-to-face in Mandarin, pairing students with some of the world's most brilliant scholars in finance, accounting, economics, management and other disciplines. Students will be taught by internationally renowned W. P. Carey faculty, as well as professors from Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, (MIT MIT - Massachusetts Institute of Technology ), New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the (NYU NYU New York University
NYU New York Undercover (TV show) ), Stanford and Yale.
The inaugural W. P. Carey MBA Shanghai class consists of 65 individuals that include a number of Shanghai's top business leaders and government officials who oversee Shanghai's financial markets and state-owned companies. Two-thirds of the class holds the position of chairman, chief executive officer or executive/senior vice president in one of China's largest state-owned enterprises.
"I am pleased to be a part of this historic event which represents the government of China's first partnership with a U.S. business school," said Wm. Polk Carey. "The W. P. Carey MBA has been extremely popular in Beijing, and it's only fitting that Shanghai, as China's business capital, offer its own program where government and business leaders can learn from our country's top scholars. I have no doubt that this program will bring greater recognition of the W. P. Carey School of Business and all that it has to offer."
Dr. Buck Pei, associate dean for Asia Pacific Programs at the W. P. Carey School, said, "Shanghai is not only the economic and financial center of China, but it is also the future powerhouse for its tech, bio-tech, auto and software engineering sectors. The leaders in Shanghai will most likely lead China in the future - and many of them are enrolled in the W. P. Carey MBA."
Zhang Guangsheng, chairman of the board of Pudong Development Bank and W. P. Carey MBA Shanghai student said, "The true source of the competitive edge of a firm is its managerial talent and ability to learn. By enrolling in this program, I am setting an example for my colleagues."
The PRC's Ministry of Finance looked to the W. P. Carey MBA for this program because of ASU's exceptional American management program and its successful W. P. Carey MBA Beijing program. The Beijing program, which started more than five years ago, has been instrumental in educating individuals from Motorola China.
"The W. P. Carey School of Business and Motorola China have enjoyed a great partnership in management training and development," said Ruey-Bin Kao, executive director and acting president of Motorola China. "The W. P. Carey MBA Beijing provided in cooperation with Tsing Hua University has been an important cornerstone of our management localization Customizing software and documentation for a particular country. It includes the translation of menus and messages into the native spoken language as well as changes in the user interface to accommodate different alphabets and culture. See internationalization and l10n. strategy here in China. We believe the Shanghai program will have an even greater impact on China."
Milton Glick, ASU Executive Vice president and Provost, said, "ASU and the state of Arizona will gain valuable recognition as global players in education and the regional economy. Bringing this one-of-a-kind program to China's business and economic center, directly to the country's most prestigious executives, is an outstanding achievement for the W. P. Carey School and ASU."
In November 2001, China succeeded in its 15-year effort to be admitted to the World Trade Organization. Realizing the potential impact of WTO See World Trade Organization. accession on global collaboration and competition, the business leaders and government officials in Shanghai have made a priority to invest in human capital.
The inauguration of the W. P. Carey MBA Shanghai will be marked with a gala dinner celebration in Shanghai on Friday, September 19th and will be followed by an opening ceremony on Saturday, September 20th. Both events will be attended by top Shanghai government officials, leaders of ASU and the W. P. Carey School and executives of multi-national firms.
W. P. CAREY SCHOOL OF BUSINESS
The W. P. Carey School of Business at Arizona State University provides quality undergraduate, masters and doctoral programs that draw upon a dynamic learning environment to prepare students at all levels for the future. Internationally recognized faculty enriches the curriculum with their latest research findings, and delivers this knowledge in a technology-rich environment. Ranked 21st in the nation by U.S. News & World Report U.S. News & World Report
Weekly newsmagazine published in Washington, D.C. U.S. News was founded in 1933 by David Lawrence (1888–1973) to cover important domestic events; he founded World Report in 1945 to treat world news. The two magazines were merged in 1948. , the undergraduate program features Business Honors, comprised of some of the best students in the country. The W. P. Carey MBA, ranked 17th in the nation among public programs, combines business fundamentals with marketplace issues and trends, giving graduates the knowledge and experience to excel in a global economy. W. P. Carey School of Business alumni are lifelong learners connected to the school and each other through an active alumni community and executive education opportunities.
W. P. CAREY & CO. LLC
W. P. Carey & Co. LLC is a leading investment firm that serves as the preeminent provider of sale-leaseback financing to corporations in the United States and Europe. The Company acquires single-tenant corporate and industrial properties and leases them back to the tenant often under a triple-net lease lasting 15-20 years. By converting an otherwise depreciating and underutilized asset, companies are able to use the capital they receive from W. P. Carey to pay down debt, fund acquisitions or reinvest in the core competencies of their business. W. P. Carey owns and/or manages more than 550 commercial and industrial properties throughout the United States and Europe representing more than 75 million square feet.
For photos/press materials visit: http://wpcarey.asu.edu/top/shanghai_qa.cfm