Last Updated on August 12, 2023 by Oluwajuwon Alvina
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Country to Study MBA and Work
Pursuing an MBA abroad can open an array of opportunities for you. However, aspirants always have one question in their mind, which country is best for MBA? MBA is one of the most sought-after courses today but it is essential to keep in mind that why study MBA abroad and the kind of university and MBA program you attend also has connotations related to it which can help open doors based on the university’s reputation. Hence, it is important to choose the place to study wisely before applying. It is not easy to determine best country for MBA as there are various factors which needs to be consider. Thus, in this article, we will inform you about 5 best countries in the world to study MBA.
Canada
Canada is one of the most popular study destinations preferred by students worldwide. The Canadian government is making more efforts to bring more students for higher education. The article from canadainternational.gc.ca says that the Government of Canada has launched an ‘International Education Strategy’ to concentrate on maintaining the global position of the country in higher education.
USA
According to the US Department of Education, The United States has the biggest MBA market worldwide, with above 125,000 MBA graduates each year. Students pursue an MBA for both enhanced salaries and job opportunities. The Graduate Management Admissions Council (GMAC) listed in their 2012 Global Management Education Graduate Survey that graduates equated about a 70% rise in their post-graduate salary.
GERMANY
Germany, in a short time, has shifted into one of the attractive study destinations for international students. And, the course that draws the most international students from around the world is an MBA. Germany has world-class MBA training, world-renowned business institutions, several job opportunities and a very steady economy which can be, advantageous for MBA candidates.
United Kingdom
An MBA from a UK business school is one of the most highly valued degrees around the world, and graduates are admired by both local and international businesses, in every kind of industry. Deciding to pursue an MBA in the UK is a life-altering choice, and business schools and institutes in the UK will provide candidates with the logical and parallel thinking required to succeed in their respective career.
Australia
The MBA degree awarded by Australian Universities provides an international acknowledgement, which indicates that with an Australian MBA degree, you are likely to attain a job around the globe. The living cost in Australia is also very affordable with comparison to living in the UK or US.
France
According to UNESCO statistics, France is the world’s third most popular destination for international students and the most popular non-Anglophone international student destination. France’s higher education system is universally known for its prowess in the humanities and arts, but it’s also well-entrenched amidst the best countries to pursue business and management programs.
Singapore
Due to its developing infrastructure and economy, Singapore is gaining spotlight as one of the best countries to pursue an MBA in the Asia Pacific region. The MBA and executive MBA courses offered in Singapore are very flexible, which allows students to study while earning, that is why some of the universities in Singapore permit their students to work 16-18 hours a week.
Singapore is known to provide a vibrant multicultural environment with more than 80,000 international students from more than 120 countries worldwide. In NUS alone, 91% of the Full-Time MBA students are international aspirants pursuing their MBA.
Popular Countries For MBA Students
1. Singapore
In eighth place is the first Asian country on the list. Singapore is one of the world’s most important business locations, so it’s no wonder that the city-state features in the top 10 this year. The country ranks in 7th place in the Global Innovation Index 2017 and is home to companies including DBS Bank and Singapore Airlines. Of the respondents to our survey, 14.3% suggested they would consider studying an MBA in Singapore.
2. Switzerland
Next up is the world’s most famous banking nation, Switzerland. Ninth on our list, with 14.1% of respondents seeing Switzerland as an option for their studies.
Switzerland is known globally as a financial institution, with both Zurich and Geneva among the world’s top 20 centers for finance according to the Global Financial Centres Index. It also houses the headquarters for many of the most powerful companies in the world, including Nestlé, the Zurich Insurance Group and Credit Suisse.
3. The Netherlands
The Dutch are famed for their openness and hospitality. When coupled with the prestige of their institutions, it’s not difficult to understand why the nation is a top 10 destination for potential MBAs this year.
The country is a hub for business, being home to companies including Unilever, Shell and KLM and the continents largest port, the Port of Rotterdam. Additionally, the Netherlands is a particularly entrepreneurial nation, with one of the highest percentages of startups in Europe.
4. United States
The US is top of the list once again. The nation originated the degree, and boasts many of the world’s most highly-ranked business schools, with alumni as significant as former US presidents.
MBAs in the country typically run for two years and include an internship during the summer months. This has the added benefit of providing students with real experience and the opportunity to explore a specific company. The length of the course also gives students more time to explore their career opportunities and build networks – with many courses including residential stays abroad.
5. United Kingdom
Second on the list is the United Kingdom. London is currently ranked by the Global Financial Centres Index as the world’s most competitive financial center, and it’s this edge that makes the nation so attractive to prospective students.
Many of the country’s top-performing institutions (London Business School, the London School of Economics, UCL etc.) are based in the capital, providing students with experience and connections in the financial heart of Europe.
However, as the UK heads closer to the European exit door, it remains to be seen if it will remain just as attractive to potential MBA students in the future.
6. Canada
In third place is another North American country – Canada. Canada remains a popular destination for potential MBAs thanks to the quality of its business schools and the employment opportunities available post-graduation. In fact, six of the top 100 business schools in the QS Global MBA Rankings 2018 are located in the country.
Canada has remained a major choice for prospective MBAs over the years. However, there has been a suggestion that international applications to the country may be on the increase, a result of the so-called Trump effect.
7. France
France is sixth in this year’s top 10, with 19.4% of respondent suggesting they’d be interested in France as a destination for their MBA. The country was the first in Europe to offer the MBA, and it still offers one of the most competitive business educations available. In fact, in the QS Global MBA Rankings 2018, two of the top three programs are based in France.
Those studying in the country benefit from the financial and business hub of Paris, close links to many of Europe’s other major political and economic cities, and the ability to learn one of the world’s most important languages.
8. Spain
While Spain remains a popular MBA destination for students all around the world, it’s particularly favored by students hailing from Latin America. Or indeed by students wishing to work within a Spanish speaking nation or region after graduation.
Many of Spain’s cities are significant financial hubs, including Barcelona, currently the largest port in the Mediterranean Sea. Aside from this, the rich culture on offer is a draw in itself, with many artists, musicians and athletes hailing from the country.
9. Australia
Next in our top 10 is another English-speaking destination – this time the ‘Land Down Under’. Australia’s position as a top MBA destination has been cemented in recent years, boasting a number of highly-ranked business schools, a strong entrepreneurial mindset and an enviable lifestyle.
Its positioning close to the growing financial and business meccas in Southeast Asia means that students in the country have a plethora of learning and exchange opportunities available to them.
10. Germany
Germany is a nation known to be driven by innovation and technology. It is one of the world’s strongest economies and a leader in both the automotive and electrical industries. Business school students in the country benefit from the academic success of many of the business schools. They also experience many networking opportunities provided by a country which is home to businesses including Mercedes-Benz, BMW, Siemens, Deutsche Bank and Bosch.