Studying an MBA in Europe FAQs
Why choose a European MBA?
An MBA is an internationally recognised qualification and a great way to start your management career. MBAs are designed to widen the horizons of business professionals, taking into account all the major functions and practises of a business. They are extremely relevant within the business industry today, so now is a great time to commence your studies.
When deciding on a place to study, many prospective students choose the United States or United Kingdom. However, MBAs can be studied worldwide – and MBA courses in Europe have an excellent reputation. The increased demand for MBAs in Europe has had a considerable impact on the number of institutions providing the courses – meaning there is now more choice and flexibility than ever.
Doing an MBA in Europe is a great opportunity for you to take advantage of the chance to study a practical course, relevant to the industry and the multicultural environment. You will find that topics learnt throughout the duration of the MBA can be applied to the everyday life of a company. Europe has many of the world’s top business schools and as there are 27 countries within the EU, you are bound to come into close contact with some of the world’s major business markets.
How long are MBAs in Europe?
European MBA courses are shorter than those in the USA. Typically, full-time courses last for 10-15 months, with most running for one year.
How much do they cost?
Typical costs for MBAs in Europe are between €10,000 and €40,000 (approximately £8200 - £32,800) – but this of course depends on the country you intend to study in and where your home country is.
What will teaching be like?
Higher education institutions in Europe are smaller than those in the US and the UK. This means that course teaching will be delivered to smaller numbers of students, giving the course a more personal feel.
How international is the student body in Europe?
European universities have a significantly higher percentage of non-national students than those in America. Exchange programmes also contribute to an overall international culture.
What is the starting salary for MBA graduates in Europe?
The average salary for an MBA graduate from a business school in Europe is estimated at €71,300 (approximately £58,400 or USD$93,400), according to the QS rankings for 2012. This figure will obviously vary – it doesn’t reflect differences in programmes studied or the age or experience of graduates.
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