http://www.forbes.com/sites/shawnoconnor/2013/04/26/the-rise-of-the-international-mba/
The article talks about how more college graduates are going abroad to get their MBA degrees. Over the past five years there have been more students shying away from American graduate business schools and applying to International Business schools. One of the main differences between American business schools and International business schools is that students applying for graduate school in America have to take an entrance exam to get into the institution, whereas in institutions abroad do not require an entrance exam. Another main difference is that international business schools have a cheaper tuition and the length of study is only one year long rather than two years like in America. Havard Business School total two year tuition is approximately 186,000 dollars whereas London Business School is only a fraction of that at 79,280 dollars for fifteen months of completed studies. The areas that seem to be attractive for obtaining a MBA abroad are mainly in the UK, Spain, France, and the Netherlands. International Business schools are a practical option for students looking to get their MBA and it is not a bad option either. Even though American business schools have better job placement after grad school, International Business schools are not far behind in this factor.
Although it may seem more graduates are going aboard from their MBA, others argue that the American education system is one of the best out there and people come from all around the world to experience this. Nether the less, obtaining a MBA degree aboard can also open doors to many new opportunities that would be missed if they went to the United States
ReplyDeleteThe international MBA business degree would be the better solution if you would want to save money. The American education is great but if you can save a 3rd of that money to get an education at the same level and experience something different that the outcome is better than spending $180,000 with in 2 years then yes go abroad.
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