Given what's been happening recently on the global economic landscape, one has to wonder whether a career in the world of business is a safe venture. The collapse of Lehman Brothers and the struggles other financial institutions are facing have left many people in the business world uneasy about what the future holds. Still, with an upswing in global economic fortunes virtually inevitable at some point, what does the future hold for people looking to get into the business world or perhaps increase their chances of climbing corporate ladders?

Ni hao, you're listening to  People In the Know, your window into the world around you, online at www.crienglish.com here on China Radio International. In this edition of the program we'll be talking about situation currently facing MBA, or Masters of Business Administration, programs. So let's get started.

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First we'll hear from one of the men in charge of a world-renowned MBA program. Mr. David Simpson is the Associate Director of MBA Programs at the London Business School.

(Dialogue with Simpson)

And after a short break, we'll hear from an MBA program operating here in China.

(Promo)

Ni hao, you're listening to People In the Know, your window into the world around you, online at crienglish.com here on China Radio International. I'm Paul James in Beijing. In this edition of the program we're talking about what the future holds for MBA programs in these times of global economic uncertainty. For more on this we're joined on the line now by Professor Lydia Price, Associate Dean and Academic Director of MBA programs for the China-Europe International Business School.

(Dialogue with Price)

And with that we close out this edition of  People In the Know, online at crienglish.com here on China Radio International. In this time of global uncertainty, its people with a keen mind for economics and business, such as those who hold an MBA, who will be looked upon to help guide the world out of its current woes. Questions or comments for us can be sent to people@cri.com.cn. For Executive Director Zhao Yang and Producers Chen Mo and Xu Yang, I'm Paul James in Beijing. We'll talk to you tomorrow.