Post the 2008 economic meltdown, there is a change in the trend the business schools are able to attract foreign students. Europe is gaining students at the cost of US. The reasons are quite understandable. The economic climate in Europe is better, while US is still having a sickly economy. US business schools have been excessively dependent on finance and consulting companies as their recruiters. The cost of education in Europe is cheaper by about 40 percent compared to similar B-Schools in the US. Therefore you have to make a based on your aspirations and the opportunities that your can access.
Work experience is one of the most important criterion for business school admission abroad and is preferred by most business schools. Average work-experience of students in top 10 B-schools in USA is around six years. The criteria required for MBA in B-Schools abroad :
Universities in Australia, New Zealand and UK require the 3 year bachelor’s degree and in the USA and Canada minimum four 4 years education after 10+2. All business schools look for a good academic record. Top B-Schools in the UK and US accept GMAT scores for short listing of students for their MBA Program. Work experience is another pre-requisite.
1. London Business School (U.K.)
2. INSEAD (France/Singapore)
3. IE Business School (Spain)
4. IESE Business School (Spain)
5. IMD School of Management (Switzerland)
6. University of Oxford, Said (U.K.)
7. HEC Paris (France)
8. ESADE Business School (Spain)
9. University of Cambridge, Judge Business School (U.K)
10. Lancaster University Management School (U.K.)