The School’s engagement with China has recently been expanded by LSE Enterprise’s programme for Chinese students attending a customised programme on Managerial Accounting and Financial Control. Organised in cooperation with Suman Education International, the programme brought together 42 students from 12 universities of Jiangsu province in China.
Prior to their arrival at LSE, the students undertook a competitive selection process to qualify in terms of academic merit and language proficiency. Professor Al Bhimani, the course director of the programme and Professor of Management Accounting at LSE’s Department of Accounting, commented that ‘the quality of the students was very high indeed. Some students were quite familiar with financial management concepts already, but across the board they applied themselves and showed eagerness to learn and benefit from the course. Many participated extensively in discussions of the course material, and the final test, where marks ranged between 70% and 100%, showed a very solid average – a clear sign of high student calibre.’
The programme consisted of five half-days of lectures spread across two weeks. These were supplemented by facilitated self-study sessions to also allow the students to conduct independent study and research at the LSE Library. It covered a wide range of topics across managerial accounting and financial control, including capital budgeting, investment appraisal and strategic considerations in accounting. The students’ feedback showed that they found the programme interesting and enjoyable but also challenging. Comments included that ‘the structure of the course was very well organised’, ‘the programme at LSE was excellent’, and some students ‘hope to return to LSE to study in the future’.
Dr Yanzhong Xu, Managing Director at Suman Education International, said that 'the feedback from our students praised the quality of teaching and learning resources, and the training facilities were also excellent. LSE were able to differentiate between Chinese and UK approaches to Managerial Accounting and Financial Control and deliver models and advice of best practice. From Suman’s perspective, LSE proved to be a pleasure to work with and we have no hesitation in building our working relationship in the future.'
‘We are very pleased with our inaugural programme with Suman Education International,’ commented Yury Bikbaev, Director at LSE Enterprise, Custom Programmes. ‘It was good to see so many hardworking and aspiring students being able to enrich their studies at home universities via this custom module. We hope to grow this knowledge sharing engagement where LSE research and teaching excellence are made available to wider audiences of young people in China.’