Jan 24, 2019

10 Amazing Reasons Why You Should Study MBA in Europe 2019

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Europe is one of the most academically rich places on the planet. Engineering, Science, Art, Law, and Medicine. You name it and Europe has got it. MBA in Europe is one such program. If you are looking for options to go for MBA abroad, your search might stop here. Here are the reasons why Europe should be your MBA destination in 2019:

10 Amazing Reasons Why You Should Study MBA in Europe 2019

1. One Year Programs for MBA in Europe

Compared to US and other English speaking countries, many european MBA programs are one-year MBA. These are full-time international MBA, and hold the equal value just as any MBA in the world. Some specialized courses and Universities have an eighteen month to two year MBA programs, too.

Some of the examples are:

INSEAD (Paris), London Business School (UK), Judge Business School (UK), IE Spain and IMD Switzerland from many.

2. Wide Range of Courses

There are many courses to choose from, when you want to pursue your MBA in Europe, the variety of courses is infinite. From hotel management to luxury management, and leadership to international management, there are number of fields to choose from.

Some of them are:

  1. Executive MBA at HEC Paris

  2. Global Executive MBA at SDA Bocconi School of Management

  3. MBA in European Management at Berlin School of Economics and Law

  4. Executive MBA in Innovation and Business Creation at Technical University of Munich

  5. MBA in International Industrial Management at Esslingen University of Applied Sciences

3. MBA in Europe costs Less Compared to Others

Taking UK as an exception, European countries offer very affordable english speaking MBA programs to international students. Keep in mind that the MBA programs always cost more than other fields of study. The aver MBA in Europe costs you between 10000 to 36000 euros. You can always look for study abroad scholarships to fund your MBA in Europe.

Affordable MBA in Europe:

MBA Program

Fees

University of Zagreb, Croatia

11400 Euros

Athens University of Economics and Business, Greece

12000 Euros

SRH Hochschule Berlin, Germany

13200 Euros

Charles III University of Madrid, Spain

19800 Euros

University of Ljubljana, Slovenia

19900 Euros

 

4. Top Destinations for MBA in Europe:

Europe as a continent is made up of 50 countries. Some countries are transcontinental though (shared with other continent). But where to study MBA in Europe? UK is by far the most prestigious and preferred MBA destination in Europe, and it is rightly so. However, there are other equally known MBA programs available. Here are top Destinations for MBA in Europe:

5. Top European Business Schools:

As we have mentioned, European Universities and Business schools are few of the most prestigious and renowned Universities around the world. Here is the list of Top Schools to pursue an MBA in Europe:

Top European Business School rankings (Financial Times Ranking):

  1. Instead, France

  2. London Business School, UK

  3. University of Cambridge, UK

  4. IE Business School, Spain

  5. IMD, Switzerland

6. Compact Classes for MBA in Europe:

The average number of intake in European MBA programs is 120. This means that there are around 120 students enrolled for a year in MBA. The students are then divided into groups of 30 to 35 students.

Having compact classes results in professors being able to concentrate on individuals more, and the students can be attended more personally. Moreover, the classes at Universities in Europe are very interactive rather than only teachers speaking. There is always an exchange of information and ideas which eventually helps students.

7. MBA in Europe without GMAT

In many cases, the GMAT is simply not required, or the scores are not needed if you have a valuable experience. The GMAT scores are normally not required for Executive MBA courses.

Course Requirements change from University to University and the university websites are the most reliable sources to check the eligibility criteria and GMAT requirements. Some Universities treat the applications individually, and therefore the requirements for the same University can be different for two people.

MBA in Europe without GMAT:

Warwick Business School (UK), Toulouse Business School (France), IE Spain, Montpellier Business School (France), EM Normandy (France)

8. Business Skills to Develop

As the name suggest, business management courses help you understand different aspects of a business, and helps you in developing skills that are required to grow a business. Specialist MBA in Europe like Finance, Marketing and human resources are key factors in helping any business grow. Not only business, MBA helps the person hone some very useful management skills overall.

9. Learn a New Language

When you study in Countries like France, Germany, Ireland, Italy and many more, the English might be the medium of instruction, but the locals have a different language. Slowly, to interact with locals and doing part-time jobs, you will learn basics of the country’s language. In today’s competitive world, knowing couple of languages will give you edge over the others, but also will help you get a permanent job in the country, and that takes us to our next point.

10. Employability

As we have mentioned upteenth times, the Business Schools in Europe are some of the most prestigious in the world. If you are simply willing to staying in the country you are studying in, or head back to your home country, employers everywhere will be eager to hire you. Many multinational companies around the world hire the MBA pass outs from European Business Schools. Not only that, these institutes prepare you to set-up something of your own and become an entrepreneur if you wish to.

How to Apply? MBA in Europe requirements

The application is done via the University websites mostly, and the application process is online. The common requirements in European Universities are a bachelor’s or equivalent degree, GMAT scores and English Language Proficiency. Many a time colleges also ask for work experiences.

Here are the common MBA in Europe Requirements:

  • A Bachelor or equivalent degree

  • GMAT Scores

  • Language Proficiency (IELTS / TOEFL if English, and language specific exams for other languages)

  • Work Experience (2 or 3 Years, not applicable everywhere)

  • Personal Statements

  • Letters of Recommendation

  • Resume / CV

Again, these are general requirements and does not stand true for every business school in Europe. You should check and research the program you are interested in before applying.

MBA in Europe for Indian students

More and more Indian students willing to study MBA abroad are choosing Europe as their destination in recent times. The main reasons for that being the quality education at the affordable tuition fees compared to USA. Europe is home to many international business hubs like London, Paris, Zurich, etc. There are excellent opportunities for Indian students in the continent.

About the Author:

Dhruv is fond of words and everything related to them. Writing about different things from around the world gives him immense pleasure, and a very healthy by-product is sharing of the information and helping others in the process.

Read Also:

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Required IELTS Scores to get into Best Universities in Europe 2019

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