In fact in 2022, European schools such as the London Business School and HEC Paris secured all top 10 spots of the Financial Times Master in Management ranking.
Yet not only are students attracted to Europe’s business school programs, a new study by Savoy Stewart reveals they are also reaping the benefits of job opportunities after they graduate.
After collecting data from 31 countries, the study has ranked the European countries with the highest graduate employment rate. So who is ranked to?
At the top of the list is the Netherlands, with a graduate employment rate of 93.1%. Since 2020, the rate has risen by 3.8%, proving job stability for grads even throughout the pandemic.
The Netherlands’ business climate comprises a range of industries such as chemical, clean energy, high-tech, and agrifood.
After studying in the Netherlands, business grads can seek roles at global companies based in the country such as Heineken, ING, Phillips, and Unilever–or become an entrepreneur within the developing European startup hub.
Non-EU citizens can also easily obtain an ‘Orientation visa’, which allows students to stay in the country for a year to work after graduation for a full-time role, internships, or even start their own company.
Ranking second in the study is Germany, with an employment rate of 91.3% for recent graduates, increasing by 1.7% since 2020.
With the fourth highest GDP in the world standing at $4 trillion, there is an abundance of job opportunities waiting for grads who study in Germany.
These could be at big-name German companies such as Volkswagen, Deutsche Bank, Bayer, and Adidas.
Plus, with high salaries to match and more affordable tuition fees, students opting to study in the country are likely to get a good return on investment.
Germany is also one of the easiest countries to get a work visa, with an 18-month extended residency permit.
In Norway, the survey showed a 91% employment rate for graduates, 1.3% higher than the previous year.
As a country committed to sustainable business, Norway has a thriving energy industry led by global companies such as Equinor and Norsk Hydro for grads looking to build an impactful career.
From Norway’s top-ranked business school, BI Norwegian Business School, business master’s grads have also landed roles in Norway at JP Morgan, Google, and EY.
Norway also has the third best work-life balance in the world so it’s no surprise business school grads choose to stay to find work after they graduate.
Other European countries the Savoy Steward study revealed to have high graduate employment rates included Malta (89%), Austria (87.7%), Switzerland (87.4%), Sweden (87.2%), and the UK (86.7%).
Despite the current unstable economic climate across Europe, these figures show positive signs for business graduates. Many of these countries are home to some of the world’s best business schools, preparing students with the skills and network to leverage the opportunities the region has to offer upon graduating.
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