I have been planning to do my MBA from Spain in the hopes of living in Spain full-term and getting the permanent residency post completion of my MBA. I have zeroed in on EADA after doing my research as I'd like to live in Barcelona in the long term and also, as the program is in my budget as compared o the the other top MBA programs in SPain viz. IE, IESE etc.
I am interested in enrolling for the class of 2023 and looking to start learning Espanol shortly. I am also pursuing FRM program of GARP at the moment and should be an FRM cleared candidate once i enter the school. Also, I want to make a career in core Finance field like Investment Banking and Corporate Finance.
So my question is EADA a good school for me to do my MBA from and will Spain be also good for me to settle at in, with respect to the job market and career opportunities there? Looking forward to all the replies, thanks in advance.
EADA as a way to settle in Spain post MBA for Indian male
Posted Oct 14, 2021 19:27
I am interested in enrolling for the class of 2023 and looking to start learning Espanol shortly. I am also pursuing FRM program of GARP at the moment and should be an FRM cleared candidate once i enter the school. Also, I want to make a career in core Finance field like Investment Banking and Corporate Finance.
So my question is EADA a good school for me to do my MBA from and will Spain be also good for me to settle at in, with respect to the job market and career opportunities there? Looking forward to all the replies, thanks in advance.
Posted Oct 14, 2021 21:45
I am sure you know that Catalan, rather than Spanish, is the language of Catalonia. Are there many corporate finance jobs in your country for people who can't speak the business language?
Posted Oct 15, 2021 07:03
I am sure you know that Catalan, rather than Spanish, is the language of Catalonia. Are there many corporate finance jobs in your country for people who can't speak the business language?
As always, thanks Duncan for the reply. I remember that in your list of top mba schools in Europe for international mobility, EADA also featured as well. So do international students who graduate from EADA MBA, move to London? Or in case if they speak Spanish well, do they move to Madrid? Is Madrid a good place to make a career in Finance?
Posted Oct 15, 2021 22:00
No, Eada does not do well in that list; https://find-mba.com/board/general-forum/best-mbas-for-international-students-placement-35651
International mobility means that the students are working in a different country after the MBA from the country that they were working in before the MBA. So in the case of Eada will often mean that students have come from other countries, probably in Latin America, and they found work in Spain using one of the four Spanish languages.
Posted Oct 15, 2021 22:01
Madrid is a very good place to find work in finance but most jobs in finance will require excellent written and spoken skills in the local business language. In Madrid that will be Spanish.
Posted Oct 16, 2021 07:30
No, Eada does not do well in that list; https://find-mba.com/board/general-forum/best-mbas-for-international-students-placement-35651
International mobility means that the students are working in a different country after the MBA from the country that they were working in before the MBA. So in the case of Eada will often mean that students have come from other countries, probably in Latin America, and they found work in Spain using one of the four Spanish languages.
Thanks for the insight, Duncan. I went through your list and there are two schools that have been on my list from my research earlier- EMLyon and EDHEC. They both have very good Finance concentrations and there fees is in my budget considering I should be able to get decent scholarships from both of them.
So would you think that it will be a much wiser decision for me to target these schools for MBA and to make a career in Finance? I am leaning more towards EDHEC at the moment. Assuming that I will have to have a good command on French before entering into these schools.
Also I have been in touch with IESEG Paris for a while. Do you think its a good school for an MBA from France if I am not able to make it to EDHEC or EMLyon?
Posted Oct 16, 2021 12:07
Did you consider a MiF?
Posted Oct 16, 2021 14:58
If I can squeeze myself in, do consider that French is not so easy to learn. Also, consider that you will need a (very) good level of french to get a job (at least B1 to B2). France and Spain require a good command of the local language or else consider English speaking countries with the hope of getting a scholarship from one of their MiF programs. That way, you will get the most out of the schools/reputation you apply and will not be disappointed afterwards.
All the best :)
Posted Oct 16, 2021 15:22
Also read: Do you need to speak the local language? www.find-mba.com/board/34713
No language is easy to learn to a professional standard unless you already speak a close relative, like French into Catalan, or Norwegian into Swedish. What corporate finance work can you do with B1 French? In a corporate setting, rather than in a bank back office, you need the local language.
Posted Oct 16, 2021 17:36
@duncan you are right, but it is not to destroy the hope of candidates applying to Spain and France that do not speak the local language ;)
[Edited by Andy776 on Oct 16, 2021]
Posted Oct 16, 2021 18:54
If you want to make an omelette, you have to break eggs. If you want a management role in another country, you need to speak the language of the workplace. That's not destroying hope, it's enabling it.
Posted Oct 16, 2021 19:06
If I can squeeze myself in, do consider that French is not so easy to learn. Also, consider that you will need a (very) good level of french to get a job (at least B1 to B2). France and Spain require a good command of the local language or else consider English speaking countries with the hope of getting a scholarship from one of their MiF programs. That way, you will get the most out of the schools/reputation you apply and will not be disappointed afterwards.
All the best :)
Duly noted, Duncan. Yeah, as you have mentioned here, MiF programs from reputed schools have been on my radar. And as per the latest FT list 2021 regarding it, I had shortlisted some of them as well but there also, schools from France, Spain and Portugal featured prominently in my list. Which brings me to another query, does Portugal also require iron grip on the regional language or is there some leeway there? Because I remember I read on some forum before that in Portugal, the level of acceptance of English is much greater.
Posted Oct 16, 2021 22:48
The data linked in the article I mention suggest that is not the case: https://en.m.wikipedia.org/wiki/File:English_foreign_and_second_language_EU.jpg
For context, English levels are around three times higher in Denmark than in Portugal. Even there, only around 17 percent of international MBA students from CBS find work there. CBS has the top MBA in the whole Nordic region. A larger number of international students in Portugal will be from its former colonies, (and thus will speak Portuguese to a high standard) and I guess they will account for most international students finding managerial roles there. You will need to compete with other applicants, including classmates, who speak Portuguese.
Also, consider unemployment in the countries you are looking at, and the percentage with degrees.
[Edited by Duncan on Oct 16, 2021]
Posted Oct 17, 2021 01:12
No better coach than @Duncan
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