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Chicago’s Booth to Move MBA Program to Hong Kong Detention Site

The University of Chicago is moving its executive MBA program to a former detention center in Hong Kong from a century-old house in Singapore to capitalize on the growing demand for education in China.

The move is part of the school’s expansion into the country and other key markets in Asia, Sunil Kumar, dean of the university’s Booth School of Business, said in a statement. The university, whose full-time and executive MBA programs were ranked No. 1 by Bloomberg Businessweek last year, also opened a center in Beijing in 2010, it said.