Business Week has released their annual report on European business schools. The report has a number of articles looking at the current trends in European business schools, including how they have dealt with the economic downturn and how graduates have coped with the struggling job market.
The overall outcome of the report is that European business schools have done particularly well this year with more students around the world attending MBA programs in Europe. Such schools which have become increasingly popular are the London Business School, France’s Insead and HEC, Switzerland’s IMD and Spain’s IE, IESE and Esade. Less globally well known schools have also increased their applicantion numbers by differentiating their programs. For example the ESMT School in Berlin has increased its involvement with its founders BMW, Deutsh Bank and Siemans which has increased the engagement with them on a day to day basis such having more visiting lecturers, internships and employment opportunities, therefore making their program more appealing.
The recession has increased the number of people applying to business school across the world. Many working professionals decided to ride out the economic downturn by going back to school. This was defiantly true for Europe. QS World MBA Tour reported an overall 5% increase in attendance since the previous year, however most European business schools reported 10% or more. Esade business school saw a 64% increase since 2009 in the number of applicants to their MBA program. Because of this many schools have expanded their programs and also tightened their entry requirements. This has had some positive effect for European business schools with an increase in quality and diversity of candidates, greater GMAT scores and also a greater proportion of women attending business school.
If you are looking to attend business school in the near future it is a good idea to find out more about the current affairs within schools, such as current popular schools, number of applications therefore amount of competition, schemes to help you find a job after your MBA and much more. The Business Week article goes in to greater detail about the 2009 business school trends covered in a number of articles and slide shows. Please click here to read the full report.
If you are looking to attend business school and need help decided which school is best for you, understanding more about the admission process and getting a higher GMAT score, visit our pages for more information on how Kaplan can help you.
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