Business graduates are always in-demand because of the continuous global economic development. Every year thousands of students enroll in business schools and graduate from; and these business graduates join the business sector either as employees or entrepreneurs.
In every country, almost all the universities have business schools or offer business programmes to their students. However, choosing the right business school can be quite challenging for a student if he/she wants to study abroad. The USA, UK, Australia, Canada, Germany, and France are some of the best countries to study abroad for business. Before getting into details and finding out the reasons why these are the top countries for business studies, have you ever asked yourself
Why do people choose abroad to pursue a business degree?
As the world continues to move forward to globalization, doors of new markets continue to open for everyone for business expansion, everyday. Achieving a foreign business degree can open enormous opportunities like:
Entrepreneurship: If an individual wants to be an entrepreneur and run his/her business operations globally, it is crucial for him/her to go to a business school in a foreign country. Studying business abroad will enlighten him/her about the global market, how to set global strategies, contact global buyers and suppliers, international marketing, financial management, etc. In this modern world, even an entrepreneur who operates locally, needs to reach out to global suppliers or for some other purposes.
Job opportunities: Majority of the multinational corporations prefer hiring young talents who have earned a foreign degree from a business school. The key reasons are:
- Knowledge of global business
- Familiarity with foreign cultures
- Globally competitive performance
- Knowledge on global products
Global Networking: Business schools have many programmes that include presentations, group projects, seminars, and sometimes field work, too. Participating in these works tend to foster relations with coursemates and faculty members which may benefit in career.
Global skills: A business school prepares its students to compete globally by equipping him/her with international markets, global trends, global trending products, global economy, and global business practices. All these skills will surely make an individual globally competitive in the job sector or as an entrepreneur.
Let’s find out why the countries mentioned above are best for business education:
1. United States of America
The largest economy in the world owns almost half of the top 100 global universities in her land. For decades, many of the universities in the United States of America have been achieving global top awards, positions, rankings, and recognitions in the international rankings, surveys, statistics, and reports like U.S. News & World Report, The Princeton Review, Niche, Wall Street Journal, College Rank, etc. These universities have accreditations with the globally recognized commissions and councils like, International Accreditation Council for Business Education (IACBE), New England Commission of Higher Education (NECHE), Middle States Commission on Higher Education (MSCHE), Higher Learning Commission (HLC), U.S. Secretary of Education and the Council for Higher Education Accreditation (CHEA), and more. Almost all of the universities on our list offer scholarships, financial aid, and grants to international students.
- Harvard University (Harvard Business School)
- Concordia University Chicago
- Colorado State University
- DePaul University
- Drew University
- George Mason University
- Hofstra University
- Illinois State University
- Oregon State University
- University of Massachusetts Amherst
2. United Kingdom
For centuries, the United Kingdom has always been the first choice of international students for pursuing higher education. Every year, thousands of students come from each corner of the world to study in the UK. Two of the world’s top traditional universities are located in the UK which represent the rich education history of the UK and how other universities of the UK maintain global standards and rank in the international rankings, reports, surveys, and statistics like The Guardian University Guide, QS World University Rankings, Daily Mail University Guide, Teaching Excellence Framework, Times Higher Education World University Rankings, WhatUni Student Choice Awards, The Times and The Sunday Times Good University Guide, HESA Graduate Outcomes Survey, Athena Swan, King’s Award, Queen’s Anniversary Prize, etc. The below mentioned universities are pioneers for providing business programs and preparing students to thrive in their career. These universities are accredited by many globally reputed commissions and councils like Good Business Charter, Russell Group, University of Warwick, Association to Advance Collegiate Schools of Business (AACSB), Association of MBAs (AMBA), European Quality Improvement System (EQUIS), and more. These institutions offer scholarships and bursaries to international students and the UK is undoubtedly one the best countries to study abroad for business.
- University of Oxford (Said Business School)
- Birmingham City University
- Canterbury Christ Church University
- Heriot Watt University
- Middlesex University London
- University of Hertfordshire
- University of Gloucestershire
- University of Dundee
- Queen’s University Belfast
- Wrexham University
3. Australia
Australia is the third country in our list for being one of the best countries to study abroad for business because of its global top-notch universities. Some of the Australian universities are globally renowned for academic excellence and providing world-class education to the students. These universities are recognized by the global rankers, surveys, and reports like QS World University Rankings, Good Universities Guide, Graduate Outcomes Survey, Times Higher Education World University Rankings, Times Higher Education Young University Rankings, etc. for their scholastic excellence in educating business students, specifically. If you have budget constraints, don’t worry, these universities offer scholarships and bursaries to international students.
- Monash University
- University of Melbourne
- Macquarie University
- The University of Western Australia
- The University of Notre Dame Australia
- University of Wollongong
- Griffith University
- University of New South Wales
- Curtin University
- University of Queensland
4. Canada
Canada is one of the most preferred countries for best MBA programmes worldwide. There are many universities in Canada that are considered best business schools globally because of their world-class education curriculum and preparing students to build their global footprints. These universities have global recognition by international rankers, statistics, surveys like Times Higher Education World Rankings, QS World University Rankings, Maclean’s Magazine, and more. The universities are accredited by Australian Centre for Philanthropy and Nonprofit Studies (ACPNS), EduCanada, Dell, Continental Institute for International Studies (CIIS), etc. Scholarships and bursaries are available for international students in the mentioned universities below.
- University of Toronto
- University Canada West
- University of Niagara Falls Canada
- Trebas Institute
- Dalhousie University
- University of Alberta
- University of Calgary
- University of Saskatchewan
- Memorial University of Newfoundland
- University of Winnipeg
5. Germany
Europe’s business hub is considered England and another country is Germany. Germany is one of the largest economies in the world and Europe because of her economic growth and high education standards. Most of the universities in Germany have accreditations with and ranks in global rankers, surveys, statistics like QS World University Rankings, The British Psychological Society, Ofsted Good Provider, CEO Magazine, Chartered Institute of Management Accountants (CIMA), CMI HE Partner, The Institute of Leadership & Management, Digital Marketing Institute, Association for Project Management (APM) Academic Accreditation, Association to Advance Collegiate Schools of Business (AACSB), many more. Undoubtedly, Germany is considered as one of the best international business degree destinations to pursue and most of the universities offer scholarships and bursaries to international students.
- Arden University
- Berlin School of Business and Innovation
- Gisma University of Applied Sciences
- University of Europe
- University of Hamburg
Conclusion
Earning an MBA degree in 2025 can be a life changing decision for you because this degree will definitely help you build your career in the coming years. This is why choosing the right country and university can be a game changer when it comes to academic excellence, global rankings, and accreditations of the institutions. The countries mentioned above are the best countries to study abroad for business and the quality of education of the universities. As you value your options, make sure you choose the right programme and country for you that will help you grow your career and bring global success for you.
