MBA Destinations are driven by factors like Economy, Post-MBA Opportunities (Salary Increase and Opportunities for Career Switching) and long-term brand value of the Business School. We analyze the top four MBA destinations in the world. These rankings are based on two factors: Economic growth rate over the past one-year and the average salary among the top Business Schools in the country.
Aspirants cite Salary Increase and opportunity for Job Growth as the two major reasons for pursuing an MBA program. Here are our top four MBA Destinations
Expectedly, China takes the #1 spot by a large margin. Its economy grew at a massive 7.7% in 2012, which is actually a climb down from 9.7 in 2011. While the economy slows as it makes a transition from manufacturing to a services driven economy, China has shown staggering results. It is the world's 2nd largest economy hitting GDP of $11.4 trillion in 2011, and will inevitably displace USA from the #1 spot. It is this projected growth that makes China an exceptionally attractive destination for MBA students and MNCs alike.
China was the world's #1 exporter in 2011, with exports valued at $1.9 trillion. It is also the world’s 2nd largest importer, with goods worth $1.7 billion entering China. The Chinese manufacturing industry is diversifying from the low-cost model to high quality innovation model to meet the demands of a high consumption economy. Other factors like rising wages and an increasing standard of living mean that by 2020, China is expected to consume 19% of the world's luxury goods. In addition, 66% of the globe's middle class will call China their home by 2030.
Innovation in the manufacturing sector and an expected massive growth in the service sector are the main reason why MBA graduates have shown interest in China. For example, Tourism is China's fastest growing industry and accounts for 8.6% of the world market and is expected to reach #1 by 2020. Luxury goods are also a highly lucrative sector. An MBA from China offers high growth potential in both the long and short term.
Finance, Manufacturing/Industrial Products, Consulting and IT/Telecom are the top 4 sectors for post MBA employment.
Click Here to Read Second Part of the Series - Top MBA Destinations
2018 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA
MIT vs. Stanford MBA
Haas vs. Ross MBA
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA
IIMA vs. ISB
Harvard vs. Stanford MBA
+ MBA in France
Top Industries in France
Top MBA Programs in France