The euro’s decline against the dollar has spurred an increase in North Americans choosing to study their MBA in Europe. This is especially true for those looking for an international experience to boost their skills and resume or those who want a career overseas.
Many are also choosing Europe’s best one-year MBA programs as a way to get an international edge without breaking the bank since many highly-ranked MBA programs in North America are two-year programs.
This means that students are saving not only money, but also the opportunity cost of time from their careers.
The IE Director for North America, Deise Leobet, was recently quoted in Quartz on the increase in interest in European MBAs.
“In the past, we used get the very adventurous professional,” said Deise Leobet, who runs IE’s US marketing and career placement office. “Now, we’re getting people who are choosing between Wharton and IE, Berkeley and IE. It’s not only for the adventurous ones.”
IE now hosts four of its international offices in North America in New York, Miami, Los Angeles, and Toronto.