The increased demand has had a considerable impact on the number of providers in Europe, offering canditates more choice and flexibility than ever before.
The MBA market in Austria, Germany and brother cell phone list Switzerland for instance covers about 120 providers and 150 programmes. In the UK, MBA education has practically doubled in the last ten years, with over 170 programmes on offer.
IS AN MBA AN MBA?
The range of master’s programmes becomes broader every day. Some schools offer “junior MBA’s” for students who have just graduated from university and at the other end of the scale is the “executive MBA” for managers with ten years of practical business experience. In terms of format, there are full-time and part-time programmes, distance-learning or modular formulas and increasingly European schools offer an integrated approach, tailoring the format on offer to the learners’ needs. Furthermore, most European schools now offer specialised master’s programmes, with Luxury Brand Management, Fashion or Sports in their portfolios.
DEFINITION OF THE MASTER’S LEVEL IN EUROPE
The efmd philosophy with regards to MBA programmes can be best summarised as “there are no best schools as such, but MBA programmes that the vanderbilt television news archive suit best an individual’s needs and expectations”. Needless to say, there are stringent institutional quality criteria for efmd membership and even more so for the EQUIS Quality Label.
Selecting an MBA programme
At institutional level, the ratio of applicants to places is often a good indicator, as well as average GMAT scores, faculty ratings by students and percentages of foreign students and faculty. Students and graduate ratings of programme content and career services offer interesting insights on the value of a particular MBA programme.
But what are the most important factors for students in Europe when choosing a business school? According to the “Which MBA? 2001” survey, a school’s reputation is the overwhelming criterion followed by location and programme content. Other key criteria (in order of importance) are: quality of teaching faculty, tuition and living costs, published aero leads ranked position, friends’ recommendation and staring salary of graduates. The above criteria are then followed by (in equal position) career services, teaching methods, advertising, and published guides.