2009
Vietnamese M.B.A. students hungry to learn American business methods

Vietnamese M.B.A. students hungry to learn American business methods
September 22, 2009

Phil Brozynski, Media Relations Manager
(630) 829-6094
pbrozynski@ben.edu

Thirty years after American troops left war-torn Vietnam, Americans are going back. Not as soldiers, but as teachers and business mentors. John Carroll, M.B.A., a business professor at Benedictine University, recently returned from teaching classes in leadership and ethical business practices through the College of Economics at Vietnam National University (VNU) in Hanoi. The course is part of a joint Master of Business Administration (M.B.A.) program sponsored by Vietnam National University and Benedictine University. Students participating in the program earn an M.B.A. from Benedictine University while learning from American faculty with practical business experience. “All of the students are leaders in their present organizations,” Carroll said. “They are bright, very passionate in their desire to learn and eager to apply their knowledge to their existing organizations.” Vietnam has been identified as part of the VISTA group of countries (Vietnam, Indonesia, South Africa, Turkey and Argentina) whose economy will grow by 2,800-percent over the next 50 years. Major stimulus initiatives in Vietnam include investments in infrastructure improvements, acceleration of transforming state-owned enterprises to private enterprises, incentives for foreign direct investments and westernization of their educational systems. Future business and government leaders will need to posses new management skills to address the rapid changes that will occur during the years ahead, Carroll said. “They realize that as Vietnam takes a greater and greater role in the global economy, they will need to understand western business practices,” he said. “They would prefer to learn the methods used by American businesses because of our leadership position in the world of business.” VNU is the largest comprehensive higher education and research center and one of two national universities in Vietnam. Benedictine, which has been actively involved in educational programs in Asia since 2003, is developing partnerships with VNU and other universities in Vietnam to offer its M.B.A. and Master of Science in Management Information Systems programs. Besides the course material, Carroll said Vietnamese students are also interested in understanding American culture, how Americans regard them as a people and America’s perspective on the future of their country.

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Benedictine University is an independent Roman Catholic institution located in Lisle, Illinois just 25 miles west of Chicago. Founded in 1887, Benedictine provides 56 undergraduate majors, 16 graduate and four doctorate programs. The Chronicle of Higher Education recently ranked Benedictine University as the seventh fastest-growing campus among private nonprofit master’s universities, and Forbes magazine named Benedictine among the top 20 percent of America’s colleges for 2011. Benedictine University’s Master of Business Administration (M.B.A.) program is listed by Crain’s Chicago Business as the fourth largest in the Chicago area in 2011.