Advantages of European business schools
In MBA a two-year programme is still considered to be the American standard . In Europe the duration of the course is one year or eighteen months. The shorter programme duration is less expensive and entails lower overall living costs. Nevertheless the quality of the programmes is very high, which explains the growing number of triple accredited business schools in Europe.
More Sspecialized MBA Programmes
Europe boasts schools that are known for certain specific core competencies, such as Luxury Brand Management, Entrepreneurship, Technology Management . There are also management specialized programmes for international governmental and nongovernmental organisations
GMAC reports state that in the US 38% of participants are from foreign countries, while the percentage of international students in European MBA programmes is 83%. Due to this, the teaching language at most business schools in Europe is English. University alliances and exchange programmes contribute to highly diverse and international student bodies.
Better Return on Investment
The Financial Times value-for-money rankings show that European schools are doing better than their American counterparts. With all due critical attitudes towards such calculations and lists, the top 10 European and American schools would be as follows: The first 10 are made up of European institutions, then the 11th to 20th are American institutions. The question of the quality of business schools is open to debate, and can never be resolved satisfactorily. However, in terms of ROI, the European MBA seems to be gaining the upper hand.
More Experienced Professionals in Class
The age of students in European schools is generally higher than that of American schools. This may give experienced professionals who want to go back to university an argument in favour of the Old Continent. On the other hand, US institutions accept more people in their programes.
Smaller Classes, More Individual Attention
The size and culture of a school are often overlooked when considering business schools. In general, schools in the US are larger, with an average intake of 287 full-time MBA students, compared with 124 in Europe. The professors may therefore devote only limited time for individual work with each student.
Better Career Mobility
Thanks to the Bologna accord on higher education, European degrees can are recognised in most countries within the Eurasian continent, giving unprecedented access to career opportunities worldwide. This also means that MBA graduates are not confined to working in the country they graduated from but can benefit from the common European job market.
Cultural differences between European countries should not be underestimated when considering the added value of the programme. Historically built attitudes and social order fluctuate and create a secondary learning environment outside the classes.
Language Learning Options
It is a well known fact that a new language is learned most efficiently by immersion. Even though English is the language of teaching in MBA programmes, outside the class students have the option to perfect their language skills with native speakers.