Once you take the decision to go in for an MBA comes the question. Where will you do it? Each country offers its own set of opportunities that could take your career and life goals to greater heights. TopMBA.com, in its MBA Applicant and Aspirations Report 2018 has listed the top 10 highly coveted destinations for business education aspirants.
In the first place is the United States. Ever since the Harvard Graduate School of Business Administration established the world’s first MBA program in 1908, the US has been a favourite destination. In the business school rankings too, the US continues to maintain its supremacy.
While the 1-year full-time MBA programs and several online versions have been making headway, the 2-year program continues its dominance. The advantages cited are that a longer period helps students acquire a more in-depth knowledge, develop networking with peers and the alumni and also gain valuable work experience from the summer internship.
A sizable presence of international students brings the much-needed diversity in the cohorts. Some of the programs also include stays abroad.
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In the first place is the United States. Ever since the Harvard Graduate School of Business Administration established the world’s first MBA program in 1908, the US has been a favourite destination. In the business school rankings too, the US continues to maintain its supremacy.
The United Kingdom is second with London as the main destination. The city is known as the world’s most competitive financial centre. Unlike the US, the 1-year MBA programs are more in favour here. UK has some of the best-known schools including the Saïd Business School at the University of Oxford, the London Business School (LBS), Cambridge Judge Business School, Imperial College Business School and Alliance Manchester.
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Canada comes third offering both quality business schools and employment opportunities. The schools include Joseph L. Rotman School of Management, University of Toronto, Ivey Business School, University of Western Ontario, Desautels Faculty of Management, McGill University and Schulich School of Business, York University. As in the case of the US, 2-year full-time programs are popular in this country.
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In the fourth place is Australia. Among the best-known schools in the continent
are the University of New South Wales (UNSW), The University of Queensland (UQ), University of Technology, Sydney (UTS) and Monash University.Australia’s location near the fast-growing Southeast Asian business centres enables students to make full use of the learning and exchange opportunities.
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Germany is fifth on the list. The country has several well-known institutions including the Mannheim Business School, Frankfurt School of Finance & Management, WHU-Otto Beisheim School of Management, University of Cologne – Faculty of Management, Economics and Social Sciences and ESMT – European School of Management and Technology.
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France is sixth on the list. From HEC Paris to INSEAD, ESSEC to Emlyon, the country offers a wide variety of programs. Paris apart from its charm as a cultural centre is also a major financial and business hub of Europe, remaining one of the favourite destinations for MBA aspirants.
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Spain is placed seventh. The country also attracts international students, especially from Latin America with linguistic ties to the country. The major schools are IE Business School, IESE Business School, ESADE and EU Business School.
Singapore, being an important international business hub in Asia, makes it to the list in the eighth spot. The major schools in the island nation are Nanyang Business School, Singapore Management University (SMU) and NUS Business School.
Ninth-ranked Switzerland, globally known for its banking and financial institutions continues to be an attractive destination for MBA aspirants. Among the well-known schools are IMD, EU Business School and the Geneva School of Business.
Tenth on the list is The Netherlands. The country has several internationally known institutions including Rotterdam School of Management (RSM), Erasmus University, Amsterdam Business School, Maastricht School of Management (MSM) and Nyenrode Business Universiteit. Apart from being a business hub, the Netherlands has one of the highest percentages of startups in Europe.