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Europe - Oxford/ Cam/ IMD/ Esade/IESE

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nittinj Rising GMAT Star Default Avatar
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Europe - Oxford/ Cam/ IMD/ Esade/IESE Post Sat Sep 20, 2008 8:37 pm
Hello,
I am wondering why is nobody discussing european b schools. All of them mentioned in the subject are worldclass. Here are some of my observations/ study results about them -

1. Oxford/ Cambridge
- Univs have great leagacy of 500-800 years
- shorter duration than regular 24 months MBA progs
- good business prog
- good ranking in FT/ Business week
- avg work ex 3-5 yr

2. IMD/ Esade/ IESES
- expensive
-in expensive locations
- give lot of stress on international work exp
- avg work exp 5-7 yrs

Folks, please pour more inputs to improve our understanding of these b schools

rgds
nitin
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Post Mon Sep 22, 2008 8:07 am
Do you have a specific questions about European b-schools?

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nittinj Rising GMAT Star Default Avatar
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Post Fri Sep 26, 2008 6:59 am
Thanks for the email. To be specific -

1. Which are good schools from where engineering/manufacturing firms like ABB/ Siemens/ GE/ CAT/ BASF/ Thyssen/ Arcelor Mittal etc etc recruit most ? To put it other way which schools have good curriculum for manufacturing, operations, general management related aspects.

2. From the placement stats of JBS & SBS, I found that more than 30% placement happens due to networking - does this decrease the chances of placement of foreigners ( for example - HEC - read on some forum that knoledge of french increases job opportunities tremdously)

3. On overall basis how would u rank - JBS/ SBS/ HEC/ Insead/ Esade/ IESES/ IMD - basis - faculty, diversity, international placements in marketing, strategy, consulting !!

Rgds
nitin

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Post Wed Oct 01, 2008 5:41 am
anybody....any views suggestions..opinions !!

trump_lbs Just gettin' started! Default Avatar
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Post Fri Oct 10, 2008 4:21 am
Hi Nitin,

The European schools can be divided into 3 tiers.

Tier 1 include London Business School and Insead followed closely by IMD. All the 3 schools value international work ex. However, Insead and IMD require more work ex in general since they're 1 year programs. On the other hand, MBA from LBS can be completed within 15-21 months and I know of people being admitted with 3-4 years of work ex. When I got my offer letter from LBS, I had 3 yrs of we at that time. They might be located at places where living expenses are sky rocketing but an MBA from these schools is totally worth it.

Tier 2 would include IE (Spain), Cambridge and IESE(Spain). I believe that it is difficult to get a job after completing your mba from Spain if you're not fluent in Spanish. If you're not fluent in Spanish then post MBA you work like to work in an English speaking country and you might not be the first choice in UK. Judge is a very reputed b-school and has very good placements. However, being a 1 yr program, they have a high average no. of years of WE.

Oxford, Esade and HEC Paris fall in Tier 3. I know few people from India who have completed their MBA from Said and were not happy with the recruitment process and the efforts put by the school. However, that was 2-3 years back and I am sure the school has been working on it since. Just so you know, Oxford is not a relatively cheaper place. It is a small town near London and the rents are almost the same since the demand for accomodation is always more than the supply.

Hope this helps.

maliktauqeer Just gettin' started! Default Avatar
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Post Sat Nov 20, 2010 7:15 am
How can HEC Paris be a tier 3 school when it is ranked above LBS and Insead by the FT?

http://rankings.ft.com/businessschoolrankings/european-business-school-rankings

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Post Sat Nov 20, 2010 5:02 pm
Also how IE is Tier 2 when it's ranked 7th in the world right after INSEAD and Columbia?

Richirich Just gettin' started!
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Post Wed Feb 01, 2012 1:10 am
trump_lbs wrote:
Hi Nitin,

The European schools can be divided into 3 tiers.

Tier 1 include London Business School and Insead followed closely by IMD. All the 3 schools value international work ex. However, Insead and IMD require more work ex in general since they're 1 year programs. On the other hand, MBA from LBS can be completed within 15-21 months and I know of people being admitted with 3-4 years of work ex. When I got my offer letter from LBS, I had 3 yrs of we at that time. They might be located at places where living expenses are sky rocketing but an MBA from these schools is totally worth it.

Tier 2 would include IE (Spain), Cambridge and IESE(Spain). I believe that it is difficult to get a job after completing your mba from Spain if you're not fluent in Spanish. If you're not fluent in Spanish then post MBA you work like to work in an English speaking country and you might not be the first choice in UK. Judge is a very reputed b-school and has very good placements. However, being a 1 yr program, they have a high average no. of years of WE.

Oxford, Esade and HEC Paris fall in Tier 3. I know few people from India who have completed their MBA from Said and were not happy with the recruitment process and the efforts put by the school. However, that was 2-3 years back and I am sure the school has been working on it since. Just so you know, Oxford is not a relatively cheaper place. It is a small town near London and the rents are almost the same since the demand for accomodation is always more than the supply.

Hope this helps.
Any reason why you would mention ESADE and HEC in tier 3 and IE in tier 2..Is based on Ft rankings alone??

Post Wed Feb 01, 2012 2:10 am
Hmmmm. Here is a note from Yaron, our resident euro expert:

Europe is faaar more complex that things might seem. You can't rely on rankings as much in America. Keep in mind that you are looking at dozens of countries with different languages, different education systems, different, well everything, basically.

Let's take HEC for example, yes it's often considered a tier two or three school (likely because of the low average GMAT, and lower exclusivity than some other schools amongst other reasons) as Trump pointed out, however, as malik pointed out HEC has an excellent ranking, and even moreso WITHIN France it is known hands down as the best business school in the country. (amongst the French). There are plenty of other quite well respected French schools (Essec, Pont Chausse, etc.) which barely make the rankings.

Or take a look at Germany, which despite being one of Europe's strongest economies, with numerous employment opportunities (especially in Industry) yet doesn't have a SINGLE MBA program which is in the ranking (which in a way makes sense, as Germany has had up until recently a very different education system and has lots of great non-MBA business programs, and some new great MBA programs as well.

Sooo, what does this mean for YOU??
That if you want to go to live and work in Europe, and are interested in more than just ranking/prestige, you will need to do your research, least of which is to decide where you want to work/live: As in narrowing it down to some countries/languages/cities you would like to work in (at least at first).

From there, your search becomes easier.

Hope y'all have found this helpful.


BTW, for all those interested, Yaron will be running a webinar on Euro programs sometime next month. I'll post a link when I have one.

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Post Wed Feb 01, 2012 2:12 am
Ah! I DO have it. February 21st 8AM EST. Register here:
http://www.precisionessay.com/webinars/schedule/

It's free!!!!

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Richirich Just gettin' started!
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Post Wed Feb 01, 2012 2:28 am
PrecisionEssay wrote:
Hmmmm. Here is a note from Yaron, our resident euro expert:

Europe is faaar more complex that things might seem. You can't rely on rankings as much in America. Keep in mind that you are looking at dozens of countries with different languages, different education systems, different, well everything, basically.

Let's take HEC for example, yes it's often considered a tier two or three school (likely because of the low average GMAT, and lower exclusivity than some other schools amongst other reasons) as Trump pointed out, however, as malik pointed out HEC has an excellent ranking, and even moreso WITHIN France it is known hands down as the best business school in the country. (amongst the French). There are plenty of other quite well respected French schools (Essec, Pont Chausse, etc.) which barely make the rankings.

Or take a look at Germany, which despite being one of Europe's strongest economies, with numerous employment opportunities (especially in Industry) yet doesn't have a SINGLE MBA program which is in the ranking (which in a way makes sense, as Germany has had up until recently a very different education system and has lots of great non-MBA business programs, and some new great MBA programs as well.

Sooo, what does this mean for YOU??
That if you want to go to live and work in Europe, and are interested in more than just ranking/prestige, you will need to do your research, least of which is to decide where you want to work/live: As in narrowing it down to some countries/languages/cities you would like to work in (at least at first).

From there, your search becomes easier.

Hope y'all have found this helpful.


BTW, for all those interested, Yaron will be running a webinar on Euro programs sometime next month. I'll post a link when I have one.
And what would you say about ESADE,IESE,IE,HEC rankings in FT this time..Any clue why ESADE would have dropped 12 places and IESE and IE managed remain where they were..Even though ESADE is supposed to be a very good school in comparison to IESE..

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