The U.S. has lost its indisputable lead in several industries and disciplines, but it still dominates how business leaders the world over think about management. Change is afoot, though.

CNN Money - Oct 27, 2011

The first is a brief about Top Asia Business Schools and the second is an article on sustainability in which CEIBS is quoted.

Times of London (UK) - Oct 5, 2011

Short news from AFP, Agence France Presse in the Education & Companies section, to announce the second year of the TABS partnership to recruit Western students. The news also mentions that cots for TABS MBA are more attractive than USA ones, and that TABS will be part of the QS tour in October.

AFP (France) - Sep 23, 2011

Now four of the top schools have joined together to change the situation and attract European and American talent to their classrooms. It's Nanyang Business School in Singapore, Indian School of Business (ISB) in Hyderabad, HKUST Business School in Hong Kong and China Europe International Business School (CEIBS) in Shanghai, whose alliance has created Asia Top Business Schools (TABS).

waytomba.com (Spain) - Sep 26, 2011
English Translation:

Nanyang Business School in Singapore, Indian School of Business (ISB), Hyderabad, HKUST Business School, Hong Kong, and China Europe International Business School (CEIBS) in Shanghai, have joined together under the name Asia Top Business Schools ( TABS) to attract the best European students.

equipos&talento.com (Spain) - Sep 22, 2011
English Translation:

Four of the top Asian business schools have joined forces to recruit students MBA candidates from Europe and the United States.

Ecoaula.es (Spain) - Sep 21,2011
English Translation:

Four of Asia's premiere business schools have joined forces for a second year in a row to recruit top MBA candidates from Europe and North America. Nanyang Business School in Singapore, Indian School of Business (ISB) in Hyderabad, HKUST Business School in Hong Kong and China Europe International Business School (CEIBS) in Shanghai, will work together under the name Top Asia Business Schools (TABS), to draw Europe's best students to Asia.

Eurograduate.com (UK) – Sep 2011

While Americans are largely absent from this classification that does not include the MBA, it should come as Asian competition in the future for our European flagship. Four major Asian institutions have in fact established last year what appears to be the beginnings of an Ivy League Asia. The Nanyang Business School in Singapore, the Indian School of Business (ISB) in Hyderabad, the HKUST Business School in Hong Kong and China Europe International Business School (CEIBS) in Shanghai, in fact, working together under the name Asia Top Business Schools ( TABS ) to "attract the best students' Europe in Asia."

Le Monde.fr (France) – Sep 22, 2011
English Translation:

Four of the largest Asian business schools have joined forces for the second consecutive year, to recruit the best MBA from Europe and North America. The Nanyang Business School in Singapore, the Indian School of Business (ISB) in Hyderabad, the HKUST Business School in Hong Kong and China Europe International Business School (CEIBS) in Shanghai, will work together under the name of Top Asia Business Schools (TABS), to attract the best students Europeans in Asia.

Cap Campus Formation (France) – Sep 20, 2011
English Translation:

The best Asian schools are organized to form an alternative to European and American schools and recruit more international students. Four of the best of them are joining forces for the second year in a partnership: Asia Top Business Schools (TABS).

l'Express (France) - Sep 20, 2011
English Translation:

With growing concern that the tuition fees at many 2-year programs in the U.S. are reaching unsustainable levels, a select number of schools in Asia make a strong case for an affordable top-tier M.B.A. with an excellent return on investment.

Forbes - Sep 19, 2011

Business students, of all students, should realize that competition is global, even in education. On top of that, they have a strong incentive to shop around because MBAs cost a fortune.

Forbes - Sep 7, 2011

Four of the world's highest-ranked business schools, located in Asia, are partnering for the second year to recruit top North American candidates.

Business Wire (North America) - Aug 25, 2011

Some prestigious MBA provide local access to a powerful network of relationships in a pivotal region of the business world.

Challenges (France) – May 2, 2011

Four of the best Asian Business School joined their recruitment efforts to attract students from the United States, Canada and Europe.

Le Blog de Brigitte Fournier - May, 2011
English Translation:

"All of us are strong contenders in our own markets and even regionally," says Lydia Price, associate dean of CEIBS and a representative of the coalition. "We are very similar in terms of our overall quality standing but we each have our own unique positioning. Coming together as a coalition is a good way to increase our visibility globally."

Companies are recruiting from more Asian business schools, according to a list QS publishes every year of the top 200 schools preferred by international employers for hiring MBA graduates. About 30 to 40 Asian business schools are expected to make the 2010 list, up from 20 in 2005. "Asian business schools are becoming more relevant, and there are a number of factors that make them attractive now," Quacquarelli, managing director of the QS World MBA Tour, said in an interview. "The likelihood of these four schools having success in recruiting Western candidates is very high."

Each of the four business schools already boasts world-class reputations (all were among the top 30 in a recent B-school ranking). All are located in key centers of commerce with significant economic growth potential. "More business, and consequently more wealth, are moving from West to East each year. Some 139 of the Fortune Global 500 are now based in Asia, a 10 percent increase from 2008 to 2009. Despite the global financial crisis, Asia is growing at an astonishing rate. "Tomorrow's global business leaders see this. They are beginning to appreciate the value of understanding Asian culture in kick-starting their careers, something they can only achieve by living and working in some of the region's most influential cities."

Professor Leonard Cheng, Dean of HKUST Business School, said: "More business, and consequently more wealth, are moving from West to East each year. Some 139 of the Fortune Global 500 are now based in Asia, a 10 percent increase from 2008 to 2009. Despite the global financial crisis, Asia is growing at an astonishing rate.

Professor Gillian Yeo, Nanyang Business School's Interim Dean, added: "While we compete with each other for students, we have joined together because we share a real passion for excellence in business education and for Asia. To sustain this region's rapid growth, we need more global business leaders with a deep understanding of the region."

For the first time in 2009, China cracked the list of the top 10 countries that U.S. GMAT test-takers sent their scores to. Recently, a small but growing number are eschewing Europe and are applying to new programs in Asia. For many, it is a way to establish themselves ahead of U.S. candidates for international jobs.

As business schools in Asia work aggressively to become brand names in business education, their dominant strategy has been targeting and recruiting Western-trained professors. Deans at those schools say nabbing "star" professors is critical for building clout in the research world and subsequently attracting the brightest students to their graduate programs.

Only 60% of international students' Graduate Management Admission Test reports now go to U.S. schools, down from three-quarters a decade ago. One reason is increasing competition from Asian schools, such as China Europe International Business School in Shanghai, Nanyang Business School in Singapore and Hong Kong University of Science and Technology.

A bold collaboration in Asia, where four business schools are to pool their admissions resources in order to attract more European and North American students. The China Europe International Business School, Hong Kong University of Science and Technology, Indian School of Business and Nanyang Business School in Singapore have traditionally fought each other for applicants. Indeed, the schools say they are still competitors. Nevertheless, they hope that, by attracting students firstly en bloc, and then having students choose among its constituents, they can increase Western representation on their programmes.

In recent years there has been a steady rise in the numbers of western students turning to Asian business schools for their MBA programmes.

"To sustain this region's rapid growth, we need more global business leaders with a deep understanding of the region, its cultures and its potential," says Ajit Rangnekar, the dean of ISB.