Oguz Kaan Kısa · March 30, 2021
The Master of Business Administration, the MBA, is one of the most sought-after graduate programs in the world today. Most recent graduates or experienced professionals who want to climb the career ladder faster or make a career change meet at the same common point by participating in MBA training programs. According to the results of the QS global employer survey, MBA is among the 5 most preferred disciplines among employers. So, in which country should you take the MBA education that most students prefer today to have a global perspective, growing global networking opportunities, leadership skills, more lucrative job opportunities?
America, where MBA education begins, is still one of the top countries for students who want to pursue an MBA today. As you can easily adapt to the culture and living conditions in the country where people from all over the world live, America is a great place for MBA education, with strong infrastructure support, advanced internship opportunities, high living standards and growing career opportunities in international companies. The prestigious business schools of America have a big share in this. In the country where those who complete their MBA studies earn high salaries, the average salary of MBA graduates at Harvard University is around $ 180,000. Your GMAT score and the scores you get from IELTS or TOEFL tests are among the most important requirements for applications.
Education Cost: Between $ 100,000 and $ 200,000 for a 2-year period.
Job Search Period: 1 year.
Universities: Stanford University, Harvard University
Although France is a country of choice for students in the fields of science, engineering, fashion and gastronomy, it is a great place to pursue an MBA. Because the first MBA program in Europe started in INSEAD. In France, where tuition is free at state universities, it impresses with its quality of education, connections with industry and research opportunities. Although it is thought that MBA education is preferred only by those who have graduated from departments such as business, finance and accounting, today most famous people who have graduated from fashion, art, science and technology fields have graduated from MBA programs.
Education Cost: Between $ 70,000 and $ 98,000 for a 2-year period.
Job Search Period: 1-2 years.
Universities: HEC Paris, EDHEC
Post-Brexit England continues to be the second country in the world to attract the most international students, after America, although it has lost some popularity for students who want to study an MBA abroad. Although the fee for MBA programs in the country is high, it is a great advantage to complete master's programs in the UK in 1 year and to study in English compared to other countries. At the same time, the country, which attracts attention with its high-quality universities and multinational companies, is an important education route with the presence of the city of London, which is considered to be the world's largest financial center. Especially in the UK, which has high-paying job opportunities in banking and finance, your GMAT score must be 600 or higher to do an MBA. One of the best educational institutions in the country, the average salary of London Business School MBA graduates is around $ 125,000 per year.
Education Cost: Between $ 55,000 and $ 90,000 for 1 year.
Job Search Period: 6 months.
Universities: University of Oxford, London Business School
Canada is one of the most popular destinations for international students who want to study abroad, with its moderate policies on immigrants in recent years and working conditions after graduation. The economic prosperity of Canada, which is among the happiest and most livable cities in the world with Vancouver, Calgary and Toronto in the United Nations indexes, and the gradual growth of sectors such as mining, agriculture, and production, means that there are more job opportunities after completing the MBA. Among the requirements for MBA in Canada, your GMAT score must be above 650, and you must have proven your English language proficiency in one of the IELTS or TOEFL tests. Education fees are lower than in America, and the rate of finding employment in international companies is relatively higher. MBA programs in Canada offer an education focused on global business, social responsibility and industrial projects and are completed in 12-16 months.
Education Cost: Between $ 50,000 and $ 110,000.
Job Search Period: Between 1-3 years.
Universities: University of Toronto, Queen’s University
Australia is a magnificent country with high living standards, stunning student cities, breathtaking landscapes, student-friendly immigration policies, modern accommodation and campus options. Most business schools in the country have a minimum GMAT score of 550 and 2-5 years of work experience. The University of Queensland graduates, the nation's top MBA schools, earn between $ 107,000 and $ 134,250. Providing students with job opportunities in the MBA field especially in the accounting, finance, banking and technology sectors after graduation, Australia is a great educational route for students with its strong economy, a better living and working environment.
Education Cost: Between $ 37,000 and $ 72,000.
Job Search Period: 2 years.
Universities: University of Melbourne, University of New South Wales
Today, Singapore is home to some of the world's most important giant companies such as IBM, DHL and General Motors, and it also attracts attention with business opportunities. Singapore, with Asia's strongest economy, is a country full of opportunities and has become increasingly preferred for an MBA in recent years. At the same time, students studying at universities that offer MBA programs in the country can work 16-18 hours a week, while being allowed to support themselves economically. MBA schools in Singapore where you need to have an average GMAT score of 650; It draws attention with its dynamic, innovative and career-targeted education systems. In Singapore that requires proficiency in one of the IELTS or TOEFL tests, National University of Singapore graduates have an average annual salary of $ 110,208.
Education Cost: Between $ 39,000 and $ 97,000.
Job Search Period: 12 months.
Universities: National University of Singapore, Nanyang Technological University