Are you applying to business school in 2018? If so, are you including European MBA programs on your target list? Here are three reasons to consider applying to European programs:
You don’t want to spend two years out of the workforce.
Most European MBA programs run for 12-18 months, as opposed to the classic two-year full time American MBA. The condensed European format means that you spend less time out of the workforce. This can be advantageous financially, both because there is a diminished opportunity cost, and also because the European programs are often less expensive in an absolute sense.
If you want a truly international career.
While both domestic and European programs draw students from all over the world, the top European programs have an eclectic, diversified student body. (At Tuck, for instance, around 33% of the class is international, while at London Business School the average is 89%.) Students in European programs benefit from learning and building relationships in a global community. Schools like London Business School, INSEAD, HEC and IESE also have global brand recognition, which can help graduates find employment both domestically and abroad after graduation.
If your GMAT or GRE is somewhat low.
The average GMAT at Harvard Business School is 730, while the average GMAT at both London Business School and INSEAD is 708. While these are still impressive numbers, European programs tend to place less emphasis on test scores, and have historically accepted strong American candidates with test scores that don’t reflect their potential. Nevertheless, the caliber of student and of instruction is exceptionally high at the best European programs, and graduates receive an education that is comparable to the top American programs.
I definitely encourage my clients to consider applying to European MBA programs. Depending upon your profile, goals and priorities a European program may be the perfect fit.
Karen has more than 12 years of experience evaluating candidates for admission to Dartmouth College and to the Tuck School of Business at Dartmouth. Since founding North Star Admissions Consulting in 2012, she has helped applicants gain admission to the nation’s top schools, including Stanford, Harvard, Yale, Wharton, MIT, Tuck, Columbia, Kellogg, Booth, Haas, Duke, Johnson, Ross, NYU, UNC, UCLA, Georgetown and more. Over the last three years, clients have been awarded more than 13.9 million dollars in scholarships, and more than 95% have gotten into one of their top choice schools.