Chinese bankers to get management degrees from Stevens

HOBOKEN , N.J. — In a dramatic departure for the Chinese financial industry, a US university has been selected by China Development Bank, one of that country’s key infrastructure banks, to deliver a master’s in management program to 30 of its employees. Stevens Institute of Technology – one of only three schools in the world to be accredited by the Project Management Institute – will confer the degree next year, following an 18-month intensive project-management program.

“It’s thrilling to play a small role in China ’s uncanny growth,” commented Robert Ubell , dean of the School of Professional Education and head of Stevens’ online and China programs. “Our students in China now participate in some of the country’s most ambitious construction projects, including the massive Three Gorges Dam.”

Delivered in cooperation with Central University of Finance and Economics (CUFE) in Beijing , Stevens’ holds one-third of the classes online from its campus in Hoboken , N.J. Another third is taught by Stevens’ instructors who travel to Beijing , and yet another third is taught by CUFE faculty following Stevens’ curriculum. All classes, whether online or live in Beijing , are conducted in English. The program is the third offered by Stevens in China . Two others – one in telecom management and another in optics – are offered at Beijing Institute of Technology.

About China Development Bank

Founded in March 1994, China Development Bank plays a principal role in the incredibly fast-paced growth of China ’s infrastructure, building ports, airports, bridges, tunnels, railroads, and highways. A unit of China ’s central government, its loans to 4,000 key projects support development along the Yellow and Yangtze Rivers as well as revitalization China 's old industrial base. Recently, it has helped finance the country’s petroleum storage facilities, electric-generating plants, and telecommunications infrastructure. It has also supported Shanghai ’s World Expo, Beijing Olympics, and has been one of the major banks building the Three Gorges Dam.

About Central University of Finance Economics

Central University of Finance and Economics (CUFE) is one of the leading tracks for top executives at the Ministry of Finance and in the country’s banking and insurance industries. It offers 37 baccalaureates in economics, management, law, liberal arts and science and engineering. It also offers 30 graduate and 15 doctoral programs, as well a MBA. Of the 15,000 students currently enrolled, more than 7,000 are full time, with some 5,200 undergraduates and nearly 2,000 postgraduates and doctoral candidates. Another 7,000 are either part-time or take correspondence courses.

About Stevens’ China Program

Stevens Institute of Technology, in collaboration with several notable Chinese schools of higher education, has initiated a number of significant masters and corporate training programs in China . Degrees earned by students in China are exactly the same as those awarded by Stevens to students in the U.S. Current programs are at Beijing Institute of Technology and Central University of Finance and Economics. Others—at Shanghai Jiao Tong University and Beijing University of Posts and Telecommunications are being developed for delivery next year. See www.stevens.edu/gradadmissions/china.html for additional details.

About Stevens Institute of Technology

Founded in 1870 and celebrating 140 Years of Innovation, Stevens Institute of Technology, The Innovation University, is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.

Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,234 undergraduate and 3,700 graduate students with more than 400 faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.

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