With the economic globalization and rapid development of technology, the western business schools have undergone a substantial change due to the diversity, complexity, flexibility and uncertainty. Unprecedented mass demands, market segmentation, growing competition, and increasing pressure speak for the environmental changes. T he golden standards are not shaken, but new trends appear, namely, in -ternationalization, academic versus professional balance, accrediting and standardization, diversity and flexibility. All this brings with reflections for Chinese business school development.