Asian megatrends are necessitating the development of management education of ethnic groups like the overseas Chinese and, universities need to change accordingly. This article identifies five Asian megatrends and their impact on the management education of overseas Chinese. The megatrends are: the emergence of women in politics and business; a shift in industrial strategy towards high technology; urbanization; the rise of consumerism; and migration of overseas Chinese back to China. Moreover two barriers to the impact the megatrends have on the management education of overseas Chinese are examined. Finally, a hypothetical model of the interrelationship of these variables is presented.