In today’s global economy and interconnected multicultural society, an international education represents a priority desire for many talented students around the world.
While QS University Rankings place the majority of the world’s best business schools in either the US or Europe, candidates find themself in front of a life-changing dilemma. Many students have to choose between pursuing an international education in a European university or crossing the pond to get their business degree. Likewise, students from Asia, the Middle East and South America also often look to the US or Europe for the right business school.
To better understand what are the most significant differences between the educational experiences on both sides of the pond, The Local explores in this article 4 key variations resulting in:
The tuition costs are surely the deciding factor for many families. Even though an international education is by all means an investment in one’s future, it has a significant bearing on the final decision.
In the United States, the tuition fees have more than doubled since the late 1980s and now range from just over $10,000 to over $35,000 per year. While tuition costs in Europe vary quite a bit depending on the country, and the country of origin of the students, costs at European business schools are on the whole much lower than their American counterparts.
It should be also considered that bachelor’s programmes in the US typically take four years while at European schools just three. In European institutions, a more intense training and focused internship experiences prepare students for the world of work excellently and faster.
European universities tend to be more international in their focus while American universities are more geared toward priming students for a business career within the United States.
The international outlook of European business schools is particularly pronounced in a programme like ESCP’s Bachelor in Management (BSc) programme, in which undergrads spend three years in three different countries. As an example, the Bachelor’s Class of 2022 includes students of over 50 different nationalities covering the Americas, Africa, Europe, Asia, Middle East, and Oceania.
Europe home to nine of the ten oldest universities in the world. It is also where students can find the world’s very first business school: ESCP.
ESCP Business School was established in 1819 in Paris and was France’s only business school for half a century. The school’s unique concept of multiple campuses began in the 1970s with the establishment of the London and Berlin Campus. Other campuses were added through the years, with the most recent expansion resulting in the Warsaw Campus.
This way, ESCP has not only been able to construct a path of excellence in international education, but programs such as the Bachelor in Management (BSc) can greatly benefit from its cross-cultural nature.
Approach and style
American business schools like Harvard and the Wharton School of Business are without a doubt among the best institutions in the world. Hence, those schools are better-known for their postgraduate programmes.
The BSc in Management of the ESCP Business School prepares students for the real world not only through the contribution of an excellent Faculty, but also through numerous hands-on experiences. Students complete mandatory 12-week internships in their second and third years, which are only part of their practical activities. Collective Projects, Social Impact Projects, networking events and the optional eight-week internship in the first year complete the plethora of real-work opportunities.
International Education: A jump off point for your future
Shirley Lui, the Marketing and Recruitment Manager for the Bachelor in Management (BSc) programme at ESCP Business School, adds her point of view on the debate:
“Our international focus and our diverse cohort are things students can’t find in an American school. Moreover, the rotational model of our programme and the immersive language and cultural learning that comes with is an unparalleled enriching experience. You get to move to a different country every year and you do it with classmates who are going through the same thing as you. How great is that?”
Interested in a 3-year Bachelor in Management degree with international focus and real-world experience? Receive more information on the programme, course fees, scholarships and more.
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