MBA students are seeking business school programs spread over multiple countries prompted by globalization and growth in emerging markets. They are are no longer willing to settle for business school programs in one country. The globalized nature of business demands that MBA education should not be limited to individual nations.
Instead, these students are seeking programs that incorporate lengthy study trips abroad, international exchange programs and internships in foreign countries. It also partly explains business schools’ never-ending quests to further diversify their classes with as many nationalities and cultures as possible. The time spent in the other institutions is then seen [as] an addition that adds to their professional skill-set. Most importantly, employers increasingly value graduates with international exposure, and some MBA applicants feel that they need to immerse themselves in different cultures to secure job offers. They offer particularly good employment opportunities to MBAs with global ambitions.
Executive MBA programs run jointly by multiple business schools have topped the 2014 MBA rankings, reflecting the globalization of business education and an increasingly globally mobile pool of applicants. The Financial Times Executive MBA Program Rankings is based on surveys of business schools and alumni who graduated in 2011. Salary three years after graduation and salary increase are the main criteria, each accounting for 20% of the ranking’s weight. The ranking includes schools from 26 countries, including 35 in the US and 10 in the UK. EMBA programs run by more than one business school, often of different countries, dominate the top-five spots.
EAE Business School, Spain, offers one such program – an International MBA spread over their campus in Barcelona followed by Pace University, New York. As an amazing combination for Global Study, students are offered the opportunity to study one semester in Barcelona and one semester in New York. The school has, by far, trained more than 65.000 professionals and managers from 72 countries. Also, EAE has been ranked as one of the top 50 European Business Schools in terms of offering their MBA students a high rate of employability according to the “Global 200 Business School Report” ranking by QS.
Another such program is offered by Griffith College Dublin (GCD) Ireland, which is a Tri-city MBA/MSc in International Business. This program allows the unique prospect of studying in Berlin, Paris and Dublin, whereby modules from SRH Hochschule in Berlin and INSEEC Grand Ecole in Paris provide APL exemption from modules of the GCD International Business programme in Dublin. Based on these exemption arrangements, the learning objectives and curriculum content of individual modules in these institutions are mapped closely to GCD modules.
These multi-city programs offer the students, diversified learning and experience of business in different countries, all pre-packaged and organised for them. They are becoming increasingly popular as students get the maximum out of their international education and the global skills, which are a neccessity for businesses today. To find out out more, get in touch with Edusky today.