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Choosing Right Business Schools
A European or U.S. MBA
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Cultural experience. Going
abroad gives you the chance to spend one to two years in a new country. Whatever
your area of work after your MBA, you will certainly encounter people from
around the world, so spending a few years in a new cultural and, perhaps,
linguistic environment can prove to be a valuable experience. Therefore, if you
are living in United States, you may consider a Western European MBA.
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Geographical consideration.
Actually, a degree from one of the best American MBA
programs is a passport to
work in the
country of your choice not only in United States, but also in
Europe, Asia, South America or
other areas. If you'd like to welcome new workplace
upon graduation, an American MBA is definitely the best choice.
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Money Matter. In general, pursuing an MBA in Europe
is much cheaper than in United
States. On average,
one year of tuition fees in Europe costs $ 24,000, whereas these costs now often rise above $ 36,000 for
American MBAs. Also, most European top programs are
one-year, and this will save you about 40% amount of money if you study in
the States.
A Two-year or one-year MBA
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The advantages of
one-year program. As
mentioned before, tuition fees
and living expense for a one-year MBA as well as the loss of
income to make up later are significantly lower
than for a two-year MBA. It's an indisputable advantage given the high cost of
MBAs. Also,
two years seem to be forever for some people who think they
are too old and don't want to waste two years doing an MBA.
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The disadvantages of one-year program.
For many students, not enough time to choose the career you're going to pursue after your MBA.
On the other hand, spending two years on a campus really helps you discover and
build friendships with some of the people you meet. Some will be people you
can depend on long after you have your MBA degree in hand.
Some U.S.
schools that provide one year option:
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Babson College
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Cornell University
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Emory University
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Northwestern University
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University of Florida
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University of Notre Dame
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