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Best Business and Management Colleges in Taiwan

Last Updated : 28 Mar, 2024
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Taiwan offers elite business education at surprisingly affordable price points. Prestigious universities immerse learners in Taiwan’s economic dynamo fueled by multinational titans and innovative startups alike.

Rather than just lecturing theories, Taiwan’s top-ranked management programs emphasize modern, practical training. Through case studies, real-world projects, and internships, students gain expertise spanning finance, marketing, operations, and more. Collaborative group work and presentations polish indispensable leadership and communication talents.

Equally vital is the cross-cultural fluency nurtured via international partnerships. Taiwanese institutions attract diverse cohorts, fostering peer learning across perspectives. Courses go beyond fundamentals to build strategic mindsets able to navigate the complexities of globalization.

For scholastic rigor, cultural depth, and unbeatable value, aspiring business mavens need look no further than Taiwan’s world-class offerings.

Why Study Business in Taiwan?

Taiwan is an exceptional place to pursue business education. Business schools in Taiwan give excellent training and opportunities.

Taiwan has a thriving economy and diverse business landscape. That’s why studying here gives access to major corporations across industries. World-leading tech giants have operations based in Taiwan too. Students get first-hand exposure to successful global companies.

The curriculums at Taiwanese business schools are modern and rigorous. Core topics like finance, marketing, and operations are covered in-depth. Coursework goes beyond theories to focus on real-world applications and also there is an emphasis on developing problem-solving mindsets.

Business programs nurture essential leadership and communication skills. Group projects, presentations, and internships facilitate practical experience. Cross-cultural fluency is built through international partnerships too. Graduates emerge well-equipped for today’s globalised workplaces.

The cost of attending business school in Taiwan is affordable:

  • Tuition fees are reasonable compared to other countries
  • On-campus living expenses and food is inexpensive
  • Taiwan has a lower overall cost of living

Adding to the appeal is Taiwan’s lively cultural scene. Rich heritage mixes with modern influences creating unique experiences. The natural beauty, cuisine, and nightlife are other draws. Overall, Taiwan provides an enriching environment for business studies.

List of Business and Management Colleges in Taiwan For International Students

Here are the top colleges to study business and management in Taiwan:

College Name

Fees

Acceptance Rate

City Name

National Taiwan University

USD 1,708

43%

Taipei City, Taiwan

National Taipei University

USD 1,708

30%

New Taipei City, Taiwan

National Cheng Kung University

USD 811

59%

Tainan City, Taiwan

Asian University

USD 9,888

40-49%

Taichung City, Taiwan

Chung Yuan Christian University

USD 388

50%

Taoyuan City, Taiwan

National Sun Yat-sen University

USD 2,421

35%

Kaohsiung, Taiwan

Course Curriculum of Business Schools in Taiwan

The IMBA program takes four semesters, a maximum of eight semesters allowed. Students must complete 16 courses (48 credits) and a master’s thesis (4 credits).

Core courses provide fundamental training in the first year:

  1. Accounting
  2. Economics
  3. Statistics
  4. Financial Management
  5. Marketing Management
  6. Globalisation Management
  7. Organisational Behaviour
  8. Management Information System
  9. Corporate Law

After core, the curriculum is flexible with 6 specialised programs:

  1. Technology Management
  2. Information Management
  3. Human Resources Management
  4. Financial Management
  5. Managerial Economics
  6. Law for Science and Technology

Admission Requirements and Eligibility Criteria for Studying Business in Taiwan

Gaining admission to business programs in Taiwan is competitive. Top universities maintain high academic standards for applicants. Eligibility criteria focuses on prior academic performance and credentials.

Required documents for business program applications typically include:

  • Bachelor’s degree transcript and certification
  • Standardised test scores (GMAT/GRE)
  • Proof of English proficiency (TOEFL/IELTS)
  • Academic resume highlighting relevant experience
  • Statement of purpose explaining career goals
  • Two-three recommendation letters from professors/employers

Admissions committees evaluate applicants based on multiple factors:

  • Undergraduate GPA and academic honours
  • Test scores meeting minimum requirements
  • Relevant work experience and internships
  • Clarity of goals and fit with program
  • Extracurricular activities and leadership roles
  • Overall profile demonstrating potential for success

For international students, additional requirements may apply:

  • Proof of financial ability for tuition/living costs
  • Valid passport and student visa documentation
  • School application fees paid in full

Competition is intense for limited seats every year. Applicants demonstrating academic brilliance and commitment to business excel. Universities also value diverse cohorts for rich peer learning.

With strong credentials matching eligibility criteria, admission prospects improve. Investing efforts in a thoughtful, compelling application is crucial. Those making the cut enjoy world-class business education in Taiwan.

Admission Process of Business Schools in Taiwan

Gaining admission to a top MBA program in Taiwan is highly competitive. Applicants must carefully plan and go through a multi-step process.

Application Period for Most Taiwan MBA Programs:

  • Fall intake is predominant, classes start September/October
  • Some universities offer spring intake around February/March

The Typical Application Process Involves:

  • Applying directly to university during designated period
  • Submitting full transcripts, test scores, other requirements
  • Completing additional entrance exams for certain programs

University Admissions Thoroughly Review and Evaluate:

  • All applications undergo screening by committee
  • Qualified candidates get admission decision notification
  • Admitted students confirm acceptance with deposit

Prospective students must check each program’s website for:

  • Current year application timeline and deadlines
  • Any updates to process or prerequisites
  • Complete eligibility criteria to fulfil

Advance Planning and Preparation is Crucial:

  • Take required tests like GMAT in time
  • Gather transcripts, recommendations, other documents early
  • Meet all deadlines comfortably for consideration

With diligent efforts, stellar candidates get into their dream Taiwan MBA program. The rigorous admission process identifies the most promising future leaders.

Cost of Living in Taiwan For International Students

1. Tuition Fees: Tuition fees in Taiwan are reasonable, varying based on the chosen institution and study program. Private universities typically charge slightly more than public universities.

2. Accommodation:

  • On-Campus Housing:
  • Prince House: NTD 30,600 – 46,800 (USD 1,020 – 1,560)
  • Guo Qing Dorm: NTD 11,900 – 18,000 (USD 397 – 600)
  • General Dorms: NTD 7,900 – 14,440 (USD 263 – 481)
  • Off-Campus Housing: NTD 36,000 – 72,000 (USD 1,200 – 2,400)

3. National Health Insurance (for degree students): NTD 4,956 (USD 165)

4. Living Expenses (per semester):

  • Food, transportation, study supplies, and other miscellaneous costs.
  • Estimated range: NTD 48,000 – 72,000 (USD 1,600 – 2,400)

5. Total Estimated Expenses (per semester):

  • NTD 65,400 – 156,000 (USD 2,180 – 5,200)
  • Note: The exchange rate is approximately 1 USD ≒ 30 NTD.

Conclusion

For students seeking an affordable world-class business education, Taiwan is the best. The prestigious yet reasonably-priced universities here immerse learners in a thriving economy. Practical curriculums, taught by industry experts, focus on developing vital skills. Taiwan’s vibrant cities offer enriching cultural experiences. Though competitive, admissions reward deserving applicants for investing efforts upfront. For a comprehensive learning journey balancing quality and cost, few destinations match Taiwan’s exceptional value proposition. Choosing this unique study abroad path sets graduates apart.

Best Business and Management Colleges in Taiwan – FAQs

Why should I choose Taiwan for my business education?

Taiwan offers top-ranked yet affordable business programs. The prestigious universities immerse you in a thriving economic hub.

How practical is the coursework at Taiwanese B-schools?

Case studies, projects and internships form the core curriculum. You gain hands-on training rooted in real-world business scenarios.

Is it difficult to get into MBA programs in Taiwan?

Admissions are highly competitive with stringent eligibility criteria. But deserving candidates investing efforts into compelling applications get through.



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