Prospective MBA students who want to get their degrees quickly can apply to one-year, domestic MBA programs, which are a growing offering in the U.S. But if they want the same quick experience, while also getting a global perspective, an MBA overseas may be a better option.
European schools typically offer full-time programs that are shorter than two years, experts say. And applicants who choose one of these programs may not have to worry about being the lone North American transplant in class.
In 2014, 35 percent of full-time, one-year European MBA schools saw an increase in foreign applicants, according to a report from the Graduate Management Admission Council.
The hardships that come with getting into top-ranked U.S. business schools may be encouraging some applicants to look abroad, says Kaneisha Grayson, who runs The Art of Applying, an admissions consulting company.
"Students are getting weary of the sheer competitiveness," says Grayson, who graduated from Harvard Business School. While MBA programs in Europe can certainly be tough to get into, she says, some U.S. students might be able to sell themselves better with international schools...