kdub09
Hi all,
I've got a burning question (general question) that I'm hoping to get some answers on. The thing with me is, right now I do not have a "set" destination of where I want to work. I'm young (24), I haven't had the opportunity to see much of the world yet but that's exactly why I want to travel to get a better sense of where I may like to explore/work. And that's one of the main benefits of getting an MBA, is to be able to broaden and enhance my marketability on a more international scale. I have a bachelor's degree in business administration (specialist in accounting) from a great UG business school in Canada, but not really known anywhere outside of Toronto or Ontario really.
My biggest question is, if I can get some insight - how do MBA b-schools from Canada, US, EU, and Asia (HK), compare and rank competitively against each other, in terms of cross-border reputation and job prospects? That is, if I were to say, get an MBA from Canada for example, and I wanted to work in the US or HK or EU, how does that compare to getting an MBA from the US and working in Canada/HK/EU? How do they rank in terms of how accepted and reputable the MBA's are by employers in terms of job prospects outside of the geographical region where the MBA school is located?
I know some schools in Canada have a wider international reputation than others, for example McGill, UBC, and U of Toronto. And I know doing an MBA from a school that is close to where I intend to work is the better option. But how does each country's or each school's "cross-border" power and reputation stack up against each other? Do students at ESADE/IE/IESE/etc generally stick within Europe post-grad because that's generally where the value of their MBA education is greatest? And the same applies for other schools.
Thanks, any insight would be greatly appreciated!
Hi kdub09,
That's a great question. In general, it is better to do an MBA in the area you would like to be in post-MBA, or at least, in a popular "launching pad" for the area that you would like be in. For example, at our alma mater Chicago Booth, 30% stay in Chicago, while the rest move across the US and around the globe, with New York and London being the next most popular destinations.
There are a number of advantages to this, with the biggest one being professional network, and all the personal and professional connections you can build from it. Both for your post-MBA ambitions and later career goals, the more people you know in the area that you want to work/do business in, the more opportunities you have to network, find positions, develop business partnerships, etc. For most business schools, you will find a significant number of your classmates remaining in the area/relocating to a popular choice after graduation, and the more likely that you will be in either of those categories, the larger your network.
It's funny you should ask about cross-border mobility since this was part of a discussion I had with a candidate during our Free Profile Evaluation just this morning. In terms of MBAs, gauging from our combined work experience in the US, Middle East, India and Europe, top-tier US degrees are the most well-recognized, closely matched by the top ones in UK, and followed by top programs across Europe.
However, I do understand your desire for travel as well. If you would like to get a degree from a school that may or may not be in the area you want to be in post-MBA, get it from the best program you can get into. In any case, a well-recognized degree from a top program always helps. In your case, it would help more since you would already have the challenge of trying to find a job in an area that the school may not have as many employer relationships with - a degree from a top-tier program that is recognized across borders will make your search easier.
Feel free to drop us a line at
[email protected] to discuss your application further. Check out our
Volume Discounts and Application Packages tailored to your admission needs.