The best investment anyone can make is an investment in himself. And from the legendary investor Warren Buffett, education is one of the more reliable routes to wealth than Bitcoin. The more you learn, the more you can earn. So, Business education is undoubtedly becoming more popular and has seen a rise in demand, both for a full time business or a part time business management program.
Most of the working professionals are looking to pursue an Executive MBA in Europe. Europe has become one of the sought after study destinations for international students. If you are looking forward to exploring the world of endless possibilities, the top executive MBA Europe will indeed serve your purpose. In this blog, we have discussed Executive MBA in Europe, its costs, admission requirements, and career prospects.
Why Study Executive MBA in Europe?
The business schools in Europe are the top choice for EMBA students. It immerses the learners in the real world of business through their curriculum that focuses on career goals and individual requirements. Let's understand some of the benefits of studying an EMBA in Europe
- QS Rankings: The QS World University Rankings is based on the universities programs, culture, achievements and gives a fair idea about the quality of education and scope university is offering. It is worthwhile to say that most of the Top B-Schools in Europe have been ranked in the QS Executive MBA Rankings 2021.
- Innovative Learning: The executive MBA in Europe emphasises on the real, work related projects and with the integrations of leading and academic practitioners provides you a dual opportunity to learn leadership skills, management skills, that provides value to the organisation.
- Job Opportunities: After completing an EMBA program can definitely help you in getting your pay increased by a considerable amount. Apart from this you also have the opportunity to work for innumerable multinational ventures in good job positions as these companies always look for a skilled professional for the position.
Executive MBA Course Structure in Europe
A highly flexible and internationally recognised programme designed to adapt your life, you have the options to choose where you can take your core courses. Take a quick look at the course structure of executive MBA in European universities.
- Course Duration: The Executive MBA program in Europe is 1 to 2 years just like any other masters degree. European universities also provide Executive programs with full time, part time, electives and various additional courses and internships opportunities for students.
- Content: The core courses that equip you with all the cross functional knowledge and managerial skills required by the business leaders today. The topics that are covered in the program include corporate strategy, financial accounting, marketing, corporate finance, managing people, managerial economics and many more.
- Alternative: You may also have the option to study an alternative degree of Executive MBA such as Supply Chain Management, Human Resource Management, Global EMBA, International EMBA, MBA in Marketing Management, etc.
Best Universities to Study Executive MBA in Europe
Having an EMBA degree can opens your goal to a number of opportunities in your career. Hence, choosing the best institute for top executive MBA programs in Europe is vital for your overall growth and success. Here we have listed below the best B-Schools in Europe along with their QS Executive MBA Rankings 2021.
|
College Name |
QS EMBA Rankings 2021 |
Average Total Fees |
|
HEC Paris |
1 |
89,000 Euro |
|
IESE Business school |
3 |
73,700 Euro |
|
INSEAD |
7 |
137,500 Euro |
|
London Business School |
7 |
108,100 Euro |
|
ESADE Business School |
9 |
65,600 Euro |
|
IE Business School |
12 |
61,200 Euro |
|
Warwick Business School |
19 |
49,900 Euro |
|
RSM Erasmus |
21 |
46,500 Euro |
|
Copenhagen Business School |
26 |
57,000 Euro |
|
ESCP Europe Business School |
28 |
75,000 Euro |
Eligibility and Admission Requirements to Pursue Executive MBA in Europe
The needs and admission requirements to get admission at the best EMBA colleges in Europe vary with the universities and the program. Some of the admission requirements to study executive MBA in Europe for international students to for admission includes
- Academic Qualifications
- English Language Requirements
- GRE or GMAT
- Work Experience
Let's know about it in detail
Academic Qualifications
Most of the Top Business schools in Europe need a bachelor's degree or an equivalent from a recognised university. Having a masters degree in a relevant specialisation is also eligible provided you must have a GPA of 3.0 or a score of 60% or above in last qualifying exam.
English Language Proficiency
The English language requirement is mandatory for getting admission to Executive MBA in Europe for Indian students. The minimum ELP test scores include
- IELTS – 6.5 - 7.5
- TOEFL (iBT) – 90
GMAT or GRE
After ELP Test scores, the top EMBA colleges in Europe also looks for a valid GMAT or GRE scores in order to study at top executive MBA Europe. The average GMAT score of an EMBA student should be around 650.
Work Experience
A minimum of 5 to 7 years of professional work experience in a managerial or a relevant job position is required to be eligible for the applications of EMBA Colleges in Europe.
Documents Required for Executive MBA in Europe
There are some additional requirements for executive MBA in Europe Colleges which need to be fulfilled at the time of admission. Some of them are
- Official Transcripts
- Proof of English language Proficiency Test
- Letter of Recommendation
- Statement of Purpose
- Updated CV or Resume
- Personal Essay
- Evidence of Work Experience
- Interview
- Proof of Financial Resources
- Europe Student Visa
How to Pursue Executive MBA in Europe Without GMAT?
If you are aiming to study at the best executive MBA programs in Europe without a GMAT score, you need to submit some specific set of documents in order to be considered for admission. Here are some of the alternative requirements that can help you in getting selected at executive MBA ranking Europe university.
- Academic Grades: You must have an exceptional academic Grades in your bachelor degree as this will help you to impress the admission official without a GMAT score.
- Work Experience: Executive MBA is a professional degree program and as such is the most important prerequisite for admission to the program.
- Letter of Recommendation: A good LORs from your ex employers showing your skills and abilities can help you to get selected without submitting a GMAT score.
How to Apply For an EMBA in Europe?
Now that you are well aware of the requirements of business schools in Europe for EMBA courses. Let's take a quick look at admission application process.
- Step 1: Checkout requirements for EMBA programs in Europe of all the universities you wish to apply for.
- Step 2: Appear in some of the entrance tests well in advance to get the scores before the application.
- Step 3: Apply online at your interested university website.
- Step 4: Now submit all your documents and pay the required application fees.
- Step 5: After reviewing your application , you will receive a letter via email.
- Step 6: Students selected will be asked to appear for an on campus or online admission interview by the University.
Cost of Studying Executive MBA
Before moving to study in Europe, students will need to consider their executive MBA in Europe. Here we have discussed the two important expenses i.e. tuition fees and Living Costs.
Tuition Fees
The executive MBA in Europe cost for international candidates can vary from one college to another college. The fees to study at the top executive MBA programs in Europe is around 40,000 Euro that may go upto 125,000 Euro.
Cost of Living
The living costs in Europe will mostly be determined on the type of your lifestyle and their financial conditions. On an average, as an international student you need to spend up to 1,400 Euro per month including other expenses such as transportation, stationeries, groceries, study materials etc.
Career Opportunities After Executive MBA in Europe
After graduating from the best executive MBA Europe universities, there are a number of job opportunities available for you if you want to kickstart your career in the management sector. Here we have covered some of the top ones.
|
Job Profile |
Average Salary |
|
Human Resource Executive |
117,777 Euro |
|
Human Resource manager |
102,810 Euro |
|
Brand Manager |
106,898 Euro |
|
Chief Executive Officer |
141,400 Euro |
|
Chief Financial Officer |
122,423 Euro |
|
Chief Operating Officer |
100,418 Euro |
Europe has the list of around 30 countries, jobs after graduating from Europe universities offers a handsome salary. It is home to some world famous global centres and there are a wealth of industries looking for management graduate. So, that's all about the executive MBA ranking Europe. This is necessary for you to collect all the necessary details before starting your EMBA application at the university. So, first go through the information mentioned above and make your best decision. For more guidance and assistance you can connect with our Yocket Professionals now!.
