After graduating from a four-year university with a Bachelor’s degree in your chosen field, you may consider going on to further your education and get a Master’s degree as well. However, the high levels of debt associated with advanced education these days could make the plan seem more like a fantasy than a smart career move. One option that an ever-increasing number of business graduates consider is to get an MBA in Global Banking & Finance in Europe.
Whatever path you choose for your future, going for a Master’s degree on this continent provides considerable benefits over the United States or even other parts of the world.
The Benefits of Getting an MBA in Europe
The most pressing factor in deciding where to get a graduate degree is cost. Advanced education in the USA is incredibly expensive. For example, if you live in The States, you can attend a state university for approximately $20,000 per year. In Ireland, you could get an entire master’s degree for around the same price. Other countries offer even lower degree costs.
Traveling overseas for an education also provides other benefits beyond saving your money and avoiding massive debt. There is no doubt that international travel broadens your horizons, gives you the perfect opportunity to learn a new language and culture, and can even expand career options well outside of your hometown or closest city. Communications, banking, and finance are global industries these days, and you will be better equipped to network and interact with people on a vast industry platform.
Photo credit: EU Business School
How to Choose the Best MBA Program for You
Any assumption that European educational institutes are inferior in any way to those in the USA or other parts of the world are not true. However, in order to get the best MBA in Communication & Public Relations in Europe or any other major of your choice, you need to analyze and make a wise decision regarding what school to choose.
In most ways, the research and decision process mirrors any one you used to choose your undergraduate college or university. What specific schools provide the most in-depth and recognized degree programs in your chosen field? When looking at Europe, you should also make sure you can legally go to the location and stay there for the duration of your schooling. Another factor to consider is if you can comfortably communicate with your fellow students and instructors.
Two potential negatives of getting a Master’s degree in Europe involve how readily American firms will accept it and personal issues such as homesickness. Some fields have additional certification or licensing needs if you return to the USA to work. Personal issues associated with moving abroad away from family and friends for a few years can affect your ability to learn and thrive. In the end, the wise and cost-saving choice to go to Europe for your MBA makes sense for the vast majority of adult students looking to improve their career prospects.