University of Toronto Joseph L. Rotman School of Management

Executive MBA (1 year)

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International Competence for the Future MBA

Many prospective Masters of Business Administrators consciously complete their studies near their place of work or residence. This clearly has practical advantages, but studying abroad can be more useful for expanding your later career. A stay outside the home broadens your horizons and enables you to acquire intercultural skills. You will also improve your foreign language skills.

Are there any disadvantages?

A great advantage of choosing a university close to where you live is the possibility of studying part-time. This means that the student can continue to pursue his or her job and thus receive a regular salary. Many people therefore prefer this variant. But there is also the possibility to complete part-time MBA courses abroad. Many foreign business schools and universities offer courses with short attendance phases. The course can therefore be completed as part of several short stays abroad. The disadvantages of this method are the longer travel distances and the additional costs for hotel stays.

Is a long stay abroad worthwhile?

Even if it is possible to study part-time in another country, many students take the opportunity to combine their MBA studies with a longer-term stay abroad. This gives you a deep insight into the culture of the respective country. Those who stay abroad for a long time learn the foreign language better because they use it not only when studying at the university, but also in their free time and in everyday life. Most courses take place in the international language of instruction, English. You not only improve your English as a communication language in general, but you also speak good business English after completing your studies, which can be very helpful in later business life.

It's like having a truck driver's license, to which an entire professional branch is linked: with excellent foreign language skills, you become, as a side effect, also interesting for translation service providers. After all, a translation agency for specialist translations also relies on the practical experience of specialists to translate specific technical texts, rather than on qualified specialist translators. If you want, you can complete the MBA courses in the language of the host country, depending on availability, and acquire a second field of activity as a translator in addition to linguistic competence.

Is the study abroad recognized?

The MBA obtained abroad is also internationally recognized. With their studies, they increase their professional qualifications worldwide. It is often even possible to establish professional contacts with colleagues abroad during your studies. They may open up new areas of responsibility on the world market. It has also happened several times that an MBA graduate completely moved his professional future abroad.

Where can I study abroad?

The most popular countries to study abroad for an MBA include Australia, the United Kingdom and the United States. English is of course predominantly spoken here. An MBA is also possible in Asia, Scandinavia, Spain, France, Holland and Belgium. If you want to stay true to your native language, you can complete your studies in Austria or Switzerland and make first contacts there. In Switzerland in particular, the prospects of earning a Master of Business Administrator are often better than in Germany.

Finished your studies and then what?

Many people hope that their MBA degree will boost their careers. Indeed, there are completely new job prospects. Of course, this also means a potentially higher salary. How high this salary is depends on various factors. For example, the size of the company, the industry, the qualifications and also the country of study and previous professional experience play an important role. Ultimately, it also depends on the business school or the university where you graduated. Sometimes the school's reputation outweighs the MBA earned.