The MBA is the most popular graduate management degree in the world (Master of Business Administration). By choosing from among the best countries for MBA education, students can establish a solid career. MBA graduates hold executive positions in companies across all industries, and some of the biggest names in business, like Google, Amazon, and Microsoft, actively look for MBA-qualified candidates.
In order to provide students with the necessary practical management skills, every MBA programme has a core set of courses in subjects like finance, accounting, marketing, operations, and others. By pursuing an MBA abroad, you can discover a new culture and way of life while learning about global business. Students can overcome cultural differences and prepare for a global career in today’s economy by pursuing an MBA abroad. You must carefully consider your best options if you also want to pursue an MBA abroad.
In this blog, we’ll examine which country provides the top MBA programmes for Indian students. This can help you focus on the top MBA schools you ought to consider before choosing one.
Top 3 Advantages of MBA Study Abroad:
If you intend to pursue an MBA from one of the top nations, your decision must unquestionably be justified. So let’s get to know the top advantages of pursuing an MBA abroad:
Higher Salaries and ROI
This is among the most crucial justifications for earning an MBA from a business school abroad. An MBA graduate from a reputable foreign business school typically earns a salary that is significantly higher than an MBA graduate from an Indian business school. In comparison to India, you make twice as much money abroad.
For instance, if your salary in India is expected to be between 7 and 20 lakhs, your salary abroad will be between 20 and 45 lakhs.
Interesting Career Possibilities
A senior management position on the international stage is undoubtedly highly likely for graduates of reputable international B-schools. Most MBA graduates can choose between top management positions and entrepreneurship, giving them access to a wider variety of opportunities. Consequently, they venture as prosperous businesspeople.
Top countries for MBA programmes guarantee one of the crucial elements necessary for business success.
networking, etc. Studying an MBA abroad exposes you to a wealth of opportunities and places you in the company of some of the best experts in the field. Additionally, you might get a chance to speak with professionals in the field. By doing this, you create a global network abroad.
After evaluating the top advantages, let’s examine the best nation for MBA study abroad.
The US is at the top of the list once more. Many of the top business schools in the world are located in the nation that created the degree; notable alumni include past US presidents.
Most MBA programmes across the country are two years long and include a summer internship. The opportunity to research a specific company and gain real-world experience are additional benefits of this. The duration of the course also gives students more time to research their career options and form networks, as many courses involve residential stays abroad.
The second-place finisher is the UK. London is currently ranked as the most competitive financial centre in the entire world by the Global Financial Centres Index, and it is this edge that draws so many prospective students to the nation.
Many of the country’s top educational institutions are located in the capital, giving students access to and connections in the financial hub of Europe (e.g., London Business School, London School of Economics, UCL).
The UK is getting closer to leaving the European Union, so it will be interesting to see if it retains its allure for future MBA applicants.
Third place goes to Canada, another country from North America. Because of the quality of its business schools and the employment opportunities available after graduation, Canada continues to be a popular choice for aspiring MBA students. According to the QS Global MBA Rankings 2018, six of the top 100 business schools are located in this nation.
Canada has remained a popular choice for prospective MBA students over the years. The so-called Trump effect, however, has generated speculation that it may be driving up the number of foreign applicants to the country.
The next English-speaking nation on our list is the “Land Down Under.” Thanks to its numerous highly regarded business schools, vibrant entrepreneurial culture, and opulent lifestyle, Australia has cemented its position as one of the top destinations for MBA programmes in recent years.
The nation’s proximity to the developing financial and business hubs in Southeast Asia provides students with a wealth of learning and exchange opportunities.
The driving forces in Germany are widely acknowledged to be technology and innovation. Its economy is one of the strongest in the world, and it controls both the automotive and electrical sectors. The academic success of many of these institutions benefits the students of the nation’s business schools. The numerous net-working opportunities provided by a country that is home to businesses like Mercedes-Benz, BMW, Siemens, Deutsche Bank, and Bosch are also advantageous to them.
France is ranked sixth this year with 19.4% of respondents saying they’d be interested in enrolling in a French MBA programme. After introducing the MBA to Europe first, the country still offers one of the most competitive business educations available. In fact, France is home to two of the top three programmes in the QS Global MBA Rankings 2018.
Students can benefit from Paris’ status as a major global financial and commercial hub, the city’s proximity to numerous other significant political and economic centres in Europe, and the chance to learn one of the most important languages in the world.
Students from Latin America, in particular, prefer Spain, which remains a well-liked MBA destination for students from all over the world. even by students who wish to work after graduation in a Spanish-speaking nation or region.
Numerous Spanish cities serve as significant financial hubs, including Barcelona, which currently has the largest port in the Mediterranean Sea. In addition to this, the nation is renowned for its vibrant culture and is the birthplace of numerous musicians, artists, and athletes.
The eighth-ranked country on the list is the first Asian country. Given that Singapore is one of the world’s major business hubs, it is not surprising that the city-state made this year’s top 10. The nation, which is ranked seventh in the 2017 Global Innovation Index, is home to companies like DBS Bank and Singapore Airlines. 14.3% of those who took our survey and responded said they would consider enrolling in an MBA programme in Singapore.
Switzerland, the country with the most reputation for banking worldwide, is the next. With 14.1% of respondents considering it as a potential study destination, Switzerland is ninth on our list.
The Global Financial Centres Index places Zurich and Geneva both among the top 20 financial centres in the world, highlighting Switzerland’s standing as a financial institution around the world. There are also the global headquarters of many of the most significant corporations in the world, such as Credit Suisse, the Zurich Insurance Group, and Nestlé.
The Dutch are renowned for their generosity and friendliness. When considering the prestige of the institutions, it is not difficult to understand why the nation is one of the top 10 locations for aspiring MBAs this year.
With companies like Unilever, Shell, and KLM, as well as the Port of Rotterdam, the biggest port on the continent, the country is a hub for business. Additionally, the Netherlands is a particularly entrepreneurial nation, with one of the highest rates of startups in all of Europe.
One of the most popular postgraduate degrees among students is a Master of Business Administration, or MBA. The network of top-growing companies has raised the value of a degree like an MBA. You can gain knowledge about global business and apply it to your future projects by pursuing an MBA abroad. Students who earned their Master of Business Administration from institutions overseas have the opportunity to work for multinational corporations like Google, Microsoft, Amazon, etc. Choosing the top MBA universities abroad thus becomes the most difficult task.