On Nov. 4th GDUFS arranged a joint class between GDUFS-MBA and the University of Santo Thomas from the Philipinnes. The lesson took place in the teaching building of the GDUFS-MBA Center.
The academic group from the University of Santo Thomas arrived at the classroom at 9:00 am. Dr Yuan Denghua, Associate Dean of the Business School and in charge of the GUFUS-MBA expressed his warm welcome and offered delicate gifts to the guests. Exchanges of gifts of both universities also took place prior to the class, which demonstrated the deep friendship between the two universities.
Founded in 1611, University of Santo Thomas is a private Catholic university in the Philippines. It is well-known for its strict management and high-level teaching and has cultivated numerous talents, who have contributed greatly to the economic and business development of the Philippines.
This class was fundamentally on Managerial Economics. The instructor was Dr Huang Lei, who separated it into two components. The first component was a discussion upon the theories of managerial economics. The second component was also inspiring because the students were required to prepare the business environment for each other's countries, i.e. the Philippine students prepared the Chinese business environment, while the Chinese students worked on the Philippine business environment. This assignment was completed in advance.
The presentations from both groups were comprehensive, brilliant, interesting and profound. Impressively, four professors from UST also introduced the up-to-date economic developments and opportunities of the Philippines in depth, which did arouse great interest and won ceaseless applause of all participants. Following the presentations, students were randomly assigned into different teams and the classroom was stirring with hot discussions on the business environments and opportunities in China and the Philippines. The class also witnessed the active and inspiring interactions between the teacher and students.
It was an active and successful class and students were encouraged to express their opinions freely. Dr Huang Lei suggested the students write down what they had discussed so that they could think and discuss more deeply about these issues in the future. In conclusion, Dr Huang Lei pointed out that the class was meaningful for international business operation and cooperation. More importantly, we need to be aware that, under some circumstances, the culture and business conduct of one country may be erroneously taken for granted by another. Such stereotyping is very common in international business behaviour and have become obstacles for business success internationally. According to Dr Huang Lei, one approach to solve such problem would be the co-operation and integration of qualified resources from both countries. Such a phenomenon presents a challenge, but also offers countless opportunities for international business scholars and practitioners.