1st Apr, 2009 | Source : www.accessmba.com
First introduced in the United Stated in 1908, the Masters of Business Administration is today an indispensable step for business professionals wanting to enhance their careers and move ahead in the international community. The American-style management techniques used by MBA programs are recognized internationally. But business schools in high demand and ranking are not only found in the United States. More and more MBA candidates are looking towards Europe's top business schools.
The Bologna Accord, an educational reform signed in 1999 by 29 European countries, greatly contribute to the diversity and strength of the European MBA programs. Promising the simplify degree qualifications and nomenclatures, the Accord makes the value of European degrees more uniform - and more attractive. To be fully implemented by 2010, the reform is sweeping the European graduate management market while it brings more choice, mobility, and competition to Europe's fragmented higher education system.
Education experts at nearly all levels believe full implementation of a European system of higher education will greatly improve MBA programs. Stated reforms will bring increased quality and competition among business schools, greater brand recognition, expanded possibilities for transfer students and total English-based education, according to the Association to Advance Collegiate Schools of Business.
When Business Education is increasingly global, European institutions have an advantage: its curriculum and outlook are significantly more international than anywhere else. Curriculum, faculty and student profiles are the most diverse in the world as cross-border institutional partnerships increase the number of hyphenated degrees, faculty exchanges and joint executive education offerings.
Indeed, one of the most important criteria in choosing a business school for is the school's international body. Business school student bodies in Europe are nearly twice as international as their American counterparts. In a March 2007 Access MBA online survey of 850 individuals, 60% of European MBA candidates stated that the international character of institutions is very important. Moreover, the majority of candidates attending the 2006 - 2007 Access MBA Tour (8,500 individuals) prefer to study in Europe, while less than half privilege the Americas.
Despite the world-class reputations and large budgets of American business schools, many European institutions are emerging as important actors in the field. The harmonization of the European higher education market is rendering this field vastly more competitive. The Instituto de Empresa (Spain), INSEAD (France), Manchester (UK), IESE (Spain), HEC (France), and Esade (Spain), ranked in the Top 25 International MBA Programs, exemplify the growing reputations of business schools in the old continent.
With 493 MBA programs in Europe, compared to 726 in the United States, choosing an MBA program never been so difficult. With this growing freedom of choice, and the increasing quality and admissions criteria of business schools, potential MBA candidates must be selective in their choice of an MBA program. International candidates need to take time to study their multitudinous options and, if possible, meet the business schools at the top of their list. Numerous resources are available to individuals who are interested in climbing the international business ladder, and they are not restricted to Top MBA Rankings. Personalized orientation services become the issue at stake in MBA candidates' decision-making process.
ACCESS MBA FALL TOUR 2007
Accredited and top ranked business schools are coming to 10 European cities this Fall to meet qualified candidates wishing to do an MBA. A unique chance to meet admissions directors of prestigious MBA programs from around the world.
Proposed services at our events in Athens, Paris, London, St. Petersburg, Rome, Lisbon, Brussels, Frankfurt, Sofia and Warsaw:
- One-to-One Meetings: Individual 20-minute meetings with Admissions Directors
- Forum with international business schools
- Interactive Panel Discussions with admissions directors and alumni
- Personal MBA Counseling: How to be admitted, Choosing the right MBA
- GMAT & TOEFL Advising
- Free 2007 ACCESS MBA Guide and its Executive Supplement to the first 100 attendees
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