Hi,
Would some one please suggest what s a better option...doing an MBA (1 Years course) from Europe or US....considering the following points:
1. Finance...which one would be cheaper for an international student?
2. Job opportunities after an MBA.
Europe or US for MBA?
Posted Nov 17, 2007 12:15
Would some one please suggest what s a better option...doing an MBA (1 Years course) from Europe or US....considering the following points:
1. Finance...which one would be cheaper for an international student?
2. Job opportunities after an MBA.
Posted Nov 18, 2007 15:02
Hi Chardonnay,
A few quick answers to your questions.
Yes, an MBA can greatly enhance your job prospects in a variety of industries/sectors. Of course the better your school, and the better you do when you're there, the better your prospects. That shouldn't stop you from looking at places which run MBA courses you find particularly attractive, but you should always do your research, and make sure the programme you sign up for is fully accredited by one of the major accrediting bodies. Good examples of these would be the AACSB, AMBA, EQUIS, or FIBAA.
Secondly, MBAs can be very expensive, but the cost can vary considerably. Different institutions in different countries will charge different amounts. It's not by any means true, however, that the most expensive programmes are the best, and general costs of living vary just as much. You should try to balance the costs of completing a programme against the potential benefits of doing so. Some people also factor in the cost of lost earnings during their period of study. A two year course might take longer, but if you can combine it with working maybe it's a better option financially. Or you may think it's better just to get it done and get out into the job market with your MBA asap. People do both, but obviously a lot of people do think it's worth it or they wouldn't do it at all.
Whether you do it in Europe or the US is really down to personal choice. There are excellent programmes everywhere - some of which, like at INSEAD, offer the opportunity to spend time in both, so maybe that would be a perfect solution.
The best thing you can do, though, is to regularly check the discussion boards here and see what people are saying. Don't be afraid to ask any kind of question - there is usually someone happy to answer it (though they may be biased for/against one place over another). And have a look through all the stuff at the top of the screen, as well as the links at bottom of each page, too. It's all updated regularly and I've found it to be really useful.
Mario.
A few quick answers to your questions.
Yes, an MBA can greatly enhance your job prospects in a variety of industries/sectors. Of course the better your school, and the better you do when you're there, the better your prospects. That shouldn't stop you from looking at places which run MBA courses you find particularly attractive, but you should always do your research, and make sure the programme you sign up for is fully accredited by one of the major accrediting bodies. Good examples of these would be the AACSB, AMBA, EQUIS, or FIBAA.
Secondly, MBAs can be very expensive, but the cost can vary considerably. Different institutions in different countries will charge different amounts. It's not by any means true, however, that the most expensive programmes are the best, and general costs of living vary just as much. You should try to balance the costs of completing a programme against the potential benefits of doing so. Some people also factor in the cost of lost earnings during their period of study. A two year course might take longer, but if you can combine it with working maybe it's a better option financially. Or you may think it's better just to get it done and get out into the job market with your MBA asap. People do both, but obviously a lot of people do think it's worth it or they wouldn't do it at all.
Whether you do it in Europe or the US is really down to personal choice. There are excellent programmes everywhere - some of which, like at INSEAD, offer the opportunity to spend time in both, so maybe that would be a perfect solution.
The best thing you can do, though, is to regularly check the discussion boards here and see what people are saying. Don't be afraid to ask any kind of question - there is usually someone happy to answer it (though they may be biased for/against one place over another). And have a look through all the stuff at the top of the screen, as well as the links at bottom of each page, too. It's all updated regularly and I've found it to be really useful.
Mario.
Posted Nov 19, 2007 06:15
Thanks Mario for your valuable suggestion!
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