Why Should I Earn An MBA Degree In Europe?
Looking for reasons to earn an MBA in Europe? Why is it considered one of the best places to study abroad? There are several benefits to studying in Europe, ranging from enhancing employment prospects to developing diverse skill sets, to getting a more focused education. Here are the top five reasons why one should study for an MBA degree in Europe:
1. Shorter Duration – Many MBA programs in Europe are 12 to 18 months long, as opposed to the standard two-year commitment required to study in other geographic locations. This surely plays an important role in your decision making process, as it not only means lowered tuition costs but also translates to a significantly lower opportunity cost, as you can get back into the workforce faster. Schools like ESADE in Spain also give you the flexibility to choose between 12, 15 and 18 month programs, so it is easier to find a program that works best for you.
2. Diverse Faculty and Student Body – You get an opportunity to engage with students across the globe as MBA programs at European schools have 80 to 90 percent international students from 35 to 40 countries. Faculty at these schools also tends to be more international. This will help you learn how to think outside box, you will get exposure to to different ideas and points of view, help you increase your adaptability, and will surely help you shape your leadership skills. Apart from the in class learning, it will help you learn outside the classroom to have a true global outlook, while you interact with your friends and classmates.
3. A More Experienced Cohort – Most of the European programs attract applicants that have had significant work experience. Students in your classroom tend to be senior and have more experience, this leads to a stronger quality of peer-to-peer learning in a classroom as well as outside the class.
4. Increased Foreign Language Proficiency – You get to lean and improve your foreign language skills with your classmates and faculties. Most European business schools use English as their primary language of instruction, but they also offer accelerated language courses, and the opportunity to interact with native speakers within the classroom as well as in the city at large. Fluency in foreign languages will enhance your job prospects with multinational companies.
5. Access to Global Network – These programs provide a platform to network not only within the setting of a multicultural classroom, but also with other students and professors on campus, as well as a global network of institutional alumni. These connections you make have the potential of being your lifelong friends, future business partners, co-founders, investors, mentors, employers and so much more. These connections will be particularly valuable if you know you want to live and work in Europe after you graduate, because it gives you the opportunity to directly engage with future employers while at business school.
An MBA in Europe may not be the right stepping stone for everyone. It is important that you spend time to reflect, undertake a complete assessment and identify specifically why an MBA in Europe is for you. When it’s a right fit, it can provide you with the relevant networks, skill sets and advancement you need to take your career to the next level.
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