The globalization of companies and professional sectors, the economic situation and the difficulties in finding skilled employment in some countries have caused many skilled workers to consider international mobility.
Many cities consider the recruitment and retention of talent as a strategy, positioning professionals with an MBA as some of the most sought after profiles internationally. Esade Business School has developed the MBA City Monitor study, with the aim of analyzing the impact of MBA training on mobility, as well as the most prominent cities in attracting international talent.
The study, published in 2015, analyzed the impact of 126 programs of International Business Schools, of which 53% are taught in the United States and Canada and 27% in Europe. Thus, despite Asia’s strong drive to create postgraduate programs, the West still accounts for 80% of the offer.
Do you consider studying an MBA abroad? Ivan Bofarull, Director of Analytics & Strategy at ESADE Business School and author of the study, has classified the cities that international students prefer to study for an MBA:
Boston (USA). 1,820 international students have chosen this city to study their postgraduate studies. Boston is home to the Harvard Business School, a prestigious business school that has ranked first in two of the five rankings (US News and Business Week), and second in two others (Forbes and Financial Times), according to the MBA Ranking Club-MBA 2016.
New York (USA). The Columbia Business School leads the business schools in this city. In the same region we find the Yale School of Management and the New York University Stern. Business schools have 1,054 international students.
London, United Kingdom. The first European city in a ranking led by the United States, stands out for the London Business School, which ranks third in the Global MBA Ranking 2016 of the Financial Times and the Imperial College Business School. It has a total of 1,013 international registrations.
Chicago (USA). In this city we can find the University of Chicago Booth School of Business, which is ranked 8th in the Financial Times 2016 Global MBA Ranking and second in the 2016 MBA-Club MBA Ranking, a classification that takes into account the appearance in the different published rankings. There is also the headquarters of Northwestern University, Kellogg. Chicago hosts 921 international students.
Barcelona, Spain. The only state city ranked among the 10 best to study an MBA. It has 857 students that are distributed among the different business schools: ESADE, IESE Business School or EADA, to name some of the best positioned in the rankings. The author of the study states that 11.5% of international students who, outside the US, take the best MBAs, come to Barcelona.
Paris France. In the French capital, an MBA can be taken at the prestigious Insead school, which ranks first in the Financial Times 2016 Global MBA Ranking, or in HEC Paris, which ranks number 15. The study shows that this city has with 830 international students.
Toronto Canada. A total of 815 international students chose the MBA programs in Toronto during 2015. The most prominent centers are the Rotman School of Management of the University of Toronto, the Richard Ivey School of Business linked to the University of Western Ontario and the Schulich School of Business
Raleigh-Durham, North Carolina (USA). City that houses the Durham University School and Fuqua School of Business of Duke University, has 684 international enrollments to its MBA programs.
Singapore (Republic of Singapore). The only Asian city in the ranking. It has 669 international students enrolled. Highlights the MBA from the Nanyang Business School of the Nanyang Technological University of Singapore, considered among the 30 best MBA in the world by the Financial Times magazine.
San Francisco-San Jose (USA). Headquarters of some of the main technological corporations such as Facebook, ASUS, Google, Logitech, Oracle … In this region are the Haas School of Business of the University of California Berkeley and one of the headquarters of the Wharton Business School. They have 662 annual international registrations.