Masters of Business Administration has been and continues to be the most popular course. One of the primary reasons for this is that it opens up many career opportunities that pay well and has enormous growth and development opportunities. Many people who want to run a family business or go in the business line take an MBA as a course as it provides practical skills that help run a business. So it’s essential to choose the right place for pursuing an MBA degree.
Many countries have top-ranking MBA colleges that offer top-rated MBA programs. The top 10 countries to study MBA are:
Canada
When it comes to studying abroad, Canada is the top most popular destination for Indian students. One of the primary reasons could be that Canada has a prospering economy in almost every field like mining, architecture, manufacturing, etc., which opens up job opportunities. MBA in the country attracts the students most because studying MBA in Canada is also very affordable compared to other foreign countries. Six of the top 100 business schools in the QS Global MBA Rankings 2018 are located in the country.
Some top institutes that offer MBA programs here are:
- Rotman School of Management
- Sauder School of Business
- Schulich School of Business
United Kingdom
When it comes to the banking sector, the UK is one of the leading nations and the top MBA graduates around the world are recruited by top banks in the United Kingdom. One has to clear TOEFL /IELTS scores when seeking admission to colleges in the UK. Each university has its own set of percentile for this score. MBA programs offered in the UK come with multiple internship programs to make the students industry-ready by providing practical exposure.
The world-famous universities are in the United Kingdom.
The top institutes that offer MBA programs in the United Kingdom are:
- London School Of Economics
- University of Oxford
- London Business School
- University of Cambridge
Germany
In Europe, Germany is the only country with the highest national economy, making it one of the top 10 countries to offer the highest paid jobs to MBA graduates in the nation. Mostly the international students that come to Germany for further studies are from India. The government is the home to big companies such as Mercedes-Benz, BMW, Siemens, Deutsche Bank and Bosch, which opens up exposure and opportunities for students.
Top MBA institutes in Germany are:
- Frankfurt School of Finance & Management
- University of Cologne – Faculty of Management, Economics and Social Sciences
- HHL- Leipzig Graduate School of Management.
Australia
With its growing economy and feasible lifestyle, Australia is emerging in top countries for MBA students. The MBA degree offered in Australia offers international recognition, which means with this MBA degree, you are eligible to find a job anywhere in the world. The cost of living in Australia is also quite affordable compared to living in the UK or the US.
The US
The nation has many highly-ranked business schools. For two years, MBA in the country includes an internship during the summer months, which provides excellent exposure and experience. The US is a hub of many multinational companies and businesses, allowing students to find a country job.
France
France was the first country in Europe to provide an MBA degree. Moreover, Paris, the capital, offers an immense opportunity to the students.
List of schools offering an MBA without GMAT in the US and Canada
Spain
Students wishing to work within a Spanish speaking nation or region after graduation usually prefer to go to Spain for further studies.
Barcelona is the most significant financial hub. Besides this, the rich culture and breeze environment makes it one of the top countries preferred by students.
Singapore
Singapore has most of its business location and is home to companies including DBS Bank and Singapore Airlines. It is the first Asian country to make a list due to its growing infrastructure and economy. Moreover, some universities allow students to work for 16-18 hours a week and have pretty flexible norms to pursue the degree.
Switzerland
According to the Global Financial Centres Index, Switzerland, the world-famous banking nation, Zurich, and Geneva are among the world’s top 20 centres for finance. It makes Switzerland a strong country in terms of finance. It also houses the headquarters for many of the world’s most influential companies, including Nestlé, the Zurich Insurance Group and Credit Suisse.
The Netherlands
The nation is a top 10 destination for potential MBAs known for their welcoming nature and hospitality. The Dutch country is also preferred by many as it is affordable and a hub for companies including Unilever, Shell and KLM and Netherlands is a hub for startups in Europe.
Thus, this is the list of the top 10 countries to study MBA. Good luck!
Frequently Asked Questions
Q1. Which nation is best for an MBA program abroad?
Ans. The top five countries for MBA study abroad are the United States, China, Singapore, France, and Canada.
Q2. Which nation has the lowest cost of living for MBA students?
Ans. Taiwan, Norway, Germany, India, Mexico, and France are among the cheapest destinations to study abroad.
Q3. How can I study for an MBA in another country?
Ans. The following are the requirements for studying abroad:
- Working Experience
- Decent GMAT Exam Score
- TOEFL or IELTS score for English language competency.
- MBA Essays
- Letters of recommendation
Q4. Is an MBA in Germany available for free?
Ans. All candidates interested in pursuing a Master’s in Business Administration (MBA) should be aware that most publically funded colleges in Germany do not charge tuition. Students must, however, submit an Administration Fee at the start of each school year.
Q5. Which MBA specialisation is in high demand?
Ans. As per the 2019 corporate recruiter study, the largest requirement is for finance, consulting, project management, and business analytics professionals. Employers, on the other hand, hire MBA students with a wide range of specialties because each degree type is appropriate to distinct positions.