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Enrolling in European business schools might sound posh and sophisticated to some people. However, in the business world, an extensive education is considered a great advantage. Undoubtedly, European business schools offer an individual the best possible education in managing a business.
But the question still remains: what are the benefits of enrolling in a European business school? What are the advantages over enrolling in a business school located in other continents and countries? How do you choose the right school for your master’s degree? What are the different types of MBA programs available in European business schools?
These questions will be answered in this article.
Many people question, “Why should I consider enrolling in a European Business School?” The clear answer is this: it can offer highly sought-after benefits. Listed below are some examples.
European Business schools are known for their global standards. They have strong and competent educational programs that are trusted by multinational corporations. Their business courses are designed to cater for students from different nations, thus granting them academic accreditation in the international business education field. This brings about many benefits and advantages for enrolled in these schools, as they pave the way for greater opportunities. The education an individual receives from internationally-accredited educational institutions is considered to be not just of national standard, but of a standard that is practical and applicable worldwide.
European business schools are found mostly in the heart of big cities. This makes internships easier for students. Multinational companies are co-located with European business schools. As part of the hands-on approach to teaching business courses, professors encourage students to work for large companies outside the four walls of their classrooms and spacious libraries. This gives students a wider perspective of the corporate world and practical experience of how to deal with real–life situations and challenges a business may face.
European business schools also pay attention to their graduates’ employment after graduation. In fact, they collate lists of potential future employers for their students. This ensures employability of the business students after graduation. Periodic job fairs are also conducted in these schools. This in turn offers more venues and opportunities for their learners to meet with possible employers.
Even if not applying for a job in Europe, graduates are still guaranteed to have an edge when applying elsewhere in the world. They may even consider working for the largest multinationals such as Google and Accenture, as these companies hire high numbers of European graduates.
Numerous European business schools offer different degree programs, skill-sets and knowledge as well as demanding differing amounts of time and money from the student. Therefore, how do you decide which one to choose?
There must be a balance between the cost of education and the possible return of investment from the program. Carefully considering the cost of enrolling in the MBA program as well as the living expenses while undergoing the program is very important. A visit to the school you are considering is highly recommended to take into account the lifestyle, environment and set-up of the school you are learning from. It is also a good idea to investigate whether the location allows you access to companies you might want to later apply to, or industries you may consider working for.
In the case of business schools, high-quality education will only be received if the faculty members and staff are also of high quality. This should be the most important aspect when choosing a European business school. Faculty members also invest their time and energy in consultancy and research so they could effectively apply them in their respective classes. Because of this extensive training of the teaching staff, the general knowledge and experience is wholesome and elevating.
It is essential that you identify the MBA accreditations of the school and assess if they are recognised by international bodies such as the European Quality Improvement System (EQUIS). Not all schools qualify for these accreditations. Consider how dedicated and steadfast they are in terms of complying with the international educational standards. You can only choose one institution, and you are going to spend a whole year with it. So, ensuring the standards met by the school is necessary for your own benefit.
Choosing the right MBA program is crucial. To do this it is essential to know and understand the types of MBA specializations and their implications so as to decide what will work best for you.
This is a great option if you want to finish your MBA course in a year. It has a shortened length of time to complete the program and get a diploma. This type of course is, however, demanding, and students are rarely able to work in the 12-month period whilst undergoing the study program.
Unlike full-time MBA programs, part-time MBAs offer a more relaxed environment. Classes only occur during the evenings and weekends, thereby allowing you to be able to still work for a company while you study. However, part-time MBAs can take at least twice the amount of time. There are also schools that let you graduate from a part-time MBA course within 18 months. This is a better option for those individuals who would like to spend time working whilst studying.
It is now possible to undertake an online MBA where you needn’t attend classes on the campus itself. This is an option if you do not have a flexible schedule. Independence, time management and project management skills can be developed through online MBAs. This is a recommended option for working professionals and students who cannot afford to spend lengthy amounts of time in classroom sessions.
The advantages European business schools can offer are clear. Once you have analysed the MBA programs and specializations on offer, you may well consider enrolling into one. We highly recommend you enrol in the MBA program of IMD in Switzerland.
What you will learn and build from the experience in an MBA course is something to treasure. Business isn’t solely built on monetary capital. It also counts on the knowledge and skills of its workforce and business leaders.
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