In this post, Ani Rumenova Miteva, a current MaDI student at Carlos III University will share her top tips on choosing a Master’s degree in International Business within Europe.
Doing a Master’s degree in International Business can open up a variety of career opportunities in multinational companies all around the globe. In a constantly changing global economic landscape, it is extremely important to choose a Master’s that will always be aligned with these dynamic changes. However, not all degrees in International Business are the same; and choosing where to do yours will have a significant impact on your career opportunities. Today, we will give you a few tips on choosing a Master’s Degree in International Business in Europe.
Why International Business?
Nowadays, business is no longer domestic-oriented; it is an international phenomenon. With the world’s increasing tendency to globalization, this Master’s degree will not only allow you to adapt easily to any changes in the economic landscape but will open up incredible opportunities for working in multinational companies.
In fact, it is hard to think of companies that are not involved in offering their services internationally; even the smallest ones are not limiting themselves to staying domestic. Understanding how International Business works will provide you with amazing insights on the international strategy of many companies and will prepare you for the future global market.
Additionally, this type of Master’s degree opens up your opportunities for companies in literally every sector that you can think of.
Tips on choosing a Master’s degree in International Business in Europe
As we already said, not all educational institutions offer the same career opportunities. What exactly should you look for in a University when choosing the right IB degree? Here are our tips:
- Price-quality relationship.
A Master’s degree in International Business is undoubtedly a great investment for the future, but some of the offers can be really expensive. Before choosing the university, do your research on whether the price-quality relationship is adequate.
Check out reviews and opinions on the Internet, ask your friends, or try to find contacts of students that have previously studied there; with LinkedIn, it is an extremely easy task. Do your research. After all, you are investing in having a better possibility to build an international career and have a stable future.
Some institutions are expensive, but worth the investment, some are costly without providing an actual value, and others offer a surprisingly good quality for the affordable price they have. Educational institutions like Carlos III University in Madrid are a great option for obtaining a quality Master’s degree in International Business without going bankrupt!
We already talked about the importance of quality, but how can we objectively compare quality between institutions? That’s right: rankings! By checking authoritative business school rankings, you can easily see the positioning of universities on a bigger scale, and check how they compare to one another.
Rankings are a valuable source of information because they usually come from organizations that did qualitative, profound research on the topic. Which is something that would take too much time to achieve if you decided to do it yourself.
If you are planning to do a Master’s degree, especially when it comes to International Business, one of the most important factors that you need to consider is flexibility. At this level of your career formation, you are either looking for a job or you already have one; which means that you will have to adapt your studies to your work, a factor that not all Universities have in mind.
Flexible programs allow you not only to do your Master’s online, but also to have the possibility to watch your classes at home if you didn’t have the time to go on-campus. Additionally, look for a university that will understand that things can change at any time.
Perhaps you signed up for the online modality, but you decided that you want to go on-campus, or vice versa; in this case, universities should be flexible to allow you a change in modality without requiring additional costs or any hassle at all.
Before choosing your Master’s Degree in International Business, don’t forget about the requirements that each university will want you to meet. Many times, educational institutions will require certain documents, exams or accreditations before accepting your application, which can be a long process.
Many universities or business schools in Europe will require the completion of GMAT or the Graduate Management Admission Test, an adaptive test that is necessary for the acceptance into their programs. Do your research as early as possible, find out whether it’s necessary for the university that you would like to apply for, and take your time to prepare for meeting these requirements.
Other European universities do not require the GMAT, which makes the application process faster and easier.
If you are looking for a prestigious Master’s Degree in International Business in a European country, Carlos III University offers flexible and affordable high-quality programs for students who want to level up their career formation.
Carlos III University is the first Spanish institution to obtain the AACSB accreditation, and it is ranked among the top 3 leading Master’s programs in Spain in the area of Business Management and Administration. On a global scale, it was ranked among top 30 of the best young universities by QS Top 50.
With accreditations of proven excellence, Carlos III University and the MaDI program are among the best choices for choosing a career in International Business.