Case Western Reserve University Weatherhead School of Management Offering Master’s in Finance in Mainland China

Students in double-degree program will also earn MBA at Tongji University

News Release: Wednesday, November 9, 2011

CLEVELAND – Weatherhead School of Management at Case Western Reserve University and the School of Economics and Management (SEM) at Tongji University in Shanghai welcomed their first incoming class to a new double-degree program this fall. The objective of this double-degree program is to develop the next generation of leaders in the finance sector to meet the talent needs of Shanghai as it builds itself into a global financial hub.

The two universities say the program, offering the Tongji MBA and the Weatherhead Master of Science in Management-Finance, is the first master’s degree in finance offered in mainland China by a highly-ranked U.S. university, and the first MBA/MSM-Finance double-degree program in China.

Guests at a kick-off event on Sept. 24 at the SEM campus in Shanghai included Weatherhead School of Management Dean Mohan Reddy, Weatherhead Visiting Committee Members Thomas F. Zenty III (University Hospitals CEO) and Joseph Sabatini (Managing Director and Head of Corporate Risk at JP Morgan Chase), as well as LU Fangzhou (Director of State-owned Assets Supervision and Administration Commission, Shanghai Pudong New Area), and ZHANG Guangping (Deputy Director of Banking Regulatory Commission of Shanghai Municipal Government).

International collaboration is one of Case Western Reserve’s strategic initiatives. The name “Tongji” connotes the Chinese expression “We are in the same boat.”

“Weatherhead is part of a growing connection, not just between our universities, but between our region and the Chinese business community,” said Anurag Gupta, department chairman and professor of banking and finance at Weatherhead. Gupta directed the double-degree program’s development. “We do get a lot of students from China, and that will not change. American higher education is held in high esteem in Asia. This program will give students in SEM-Tongji’s MBA program the additional depth they seek in finance.”

The first class of 33 students has been selected in a very competitive process. In addition to having high competency in English, each student met the stringent admissions requirements of both schools. They will take core MBA classes at SEM-Tongji during their first year of study, followed by Weatherhead MSM-Finance courses offered in Shanghai by Weatherhead faculty. The last three courses will be delivered in a concentrated form during a month-long residency in Cleveland, during which students will have the opportunity to network with Cleveland-area Weatherhead contacts in business, finance, technology and healthcare.

SEM-Tongi also notes that the program will expose students to capital market practices, financial institution roles, and tools and techniques from North America, Europe, and Asia, fostering a global perspective on financial markets and models. The double degree program, designed for part-time students with extensive real-world business experience, offers classes outside normal working hours and may be completed in just two years.

More information on the double degree MBA/MSM-Finance program can be found on the Weatherhead website:

Further information is also available on the SEM-Tongji website:

Posted by: Marvin Kropko, November 9, 2011 04:39 PM | News Topics: Official Release