Are you considering doing an MBA but are lacking professional experience? Can you pursue an MBA straight after an undergrad? At this point, you might also be thinking about acceptance rates. In the next few paragraphs, EDUopinions is going to explore the Best MBAs in Europe without Work Experience or small employment record.
Can you go straight from an undergrad to an MBA?
It may be noted that most candidates start their MBA after some amount of work experience. However, there are a selected few who begin their MBA programmes right after college. There are both advantages and disadvantages to this route. The number one advantage is that recent college graduates are already accustomed to being full-time students. So pursuing an MBA might be easier for recent graduates rather than other candidates. One disadvantage is that work experience enables one to have some hands-on training that can be applied to an MBA. For students without the experience, some of the classes would just translate to theory. So, even though an MBA is possible right after undergrad, it is important to understand the pros and cons that come with it.
Is getting an MBA worth it?
Now that we know that you can pursue an MBA ever right after your Bachelor’s degree, it is important to understand if it is worth it. An MBA provides a lot of benefits to students who want a career in management. However, it is not a course that suits everyone. Also, an MBA from a top business school can cost nearly $100,000, so is getting an MBA worth it?
An MBA is only worth the time and effort when the candidate plans to work in a business-related field, in management, or as a company founder. For someone working in a completely unrelated industry, an MBA might not help a lot in their career. It also depends on where the candidate studied the MBA. Since the number of institutions offering business management is increasing, an MBA from a respectable institute matters most.
Best MBAs in Europe without Work Experience
Rotterdam School of Management, Erasmus University (RSM)
The international full-time MBA at Rotterdam School of Management builds critical thinking and leadership skills. These 12 immersive months help you discover the bigger picture as per the dynamics of management and of global business. RSM requires only three years of work experience which is not much but this has not dampened the quality of the MBA offered.
SDA Bocconi School of Management
This one year full-time MBA in the heart of Milano is one of the highest-ranked schools of management in the world. The minimum of work experience required at SDA Bocconi School of management is only 2 years. However, SDA Bocconi is willing to admit students with even lower years of work experience if they have an excellent academic background, test scores, transversal skills, and are motivated. According to Financial Times, SDA is the number 2 school for Salary Increase in the Global MBA Rankings 2019.
The University of St. Gallen
Their full-time MBA is a one year programme which is a carefully designed experience that encompasses the academic curriculum. Speaking of professional experience, the University of St. Gallen only requires a minimum of two years post-Bachelor degree.
ESADE Business School
They have a 12 to 18 months full-time MBA programme which is taught in English. However, ESADE also teaches in French, German or Spanish. The Spanish ESADE requires at least 2 years of work experience. This business school is a fantastic option for high potential younger MBA aspirants. This is ranked as the number one MBA for women according to the Financial Times in 2018. Plus, this is the number fourth programme in Europe for Salary Increase (Financial Times 2020).
This 16 months MBA programme is specifically designed to give you the time needed to learn new skills, as well as gain specific work experience in a new sector or job function. However, this institution demands five years of work experience, which is a long time if compared to the previously mentioned options. HEC Paris is one of France’s elite Grande Ecoles Schools of Management. According to FT, HEC is France’s second highest-ranked MBA provider.
Now that you know more about the Best MBAs in Europe without work experience or little employment record, it is your time to make a wise decision based on what your criteria are.