You know very well that Switzerland is a beautiful country that has a lot to offer and attracts students from all over the world. Switzerland is known for its reputation as a hub for international business and finance. Earning an MBA in Switzerland is a prime opportunity for professionals seeking to enhance their business skills and network with top executives from around the world. With its top-ranked universities and diverse student population, Switzerland offers a unique and enriching experience for MBA students.
Do you know?
More than 20% of Switzerland’s workforce are foreign nationals; most of them are former international students in Switzerland who decided to get a job in Switzerland after graduation.
By choosing an MBA in Switzerland, you will have the opportunity to network in an international, multilingual environment. Switzerland has ample employment opportunities and this is due to the dynamic economy that exists in Switzerland. Students can get innovative comprehensive knowledge, and get used to new thinking models and different new perspectives. Many subjects focus on business, strategy, marketing, and finance, all of which are carefully studied. Switzerland is dominated by several MBA programs such as MBA in Business Studies, Food and Beverage Studies, Management Studies, Tourism, and Hospitality. There are all kinds of MBAs that you can choose according to your interests like 1 year MBA, EMBA, Executive Courses, Global MBA, MBA, and Part-time MBA.
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What all is covered in this post?
If you are an aspiring candidate who wants to pursue MBA in Switzerland, this blog will help you by providing a better understanding of the following aspects:
Introduction to MBA in Switzerland
Here is a table summarising key features of MBA in Switzerland:
|Location||Switzerland is known for its high-quality education system and excellent infrastructure.|
|Reputation||Swiss MBA programs are globally recognized for their excellence and practicality.|
|Curriculum||Swiss MBA programs focus on practical, hands-on learning with a strong emphasis on innovation, entrepreneurship, and leadership.|
|Faculty||Swiss MBA programs are taught by experienced professionals and academics who bring a wealth of knowledge and practical experience to the classroom.|
|Career Opportunities||Switzerland is home to many international companies, offering excellent career prospects for MBA graduates.|
|Cultural Diversity||Switzerland is a culturally diverse country with a thriving international community, providing students with a unique and enriching learning experience.|
|Course Duration||1 to 2 years|
|Cost||MBA programs in Switzerland can be expensive, with fees ranging from CHF 10,000 to CHF 1,20,000 per year|
|Popular Specialization||Finance, Entrepreneurship, International Business, Tourism, General Management, Healthcare, Human Resources, etc|
Benefits of studying MBA in Switzerland
Studying in Switzerland can help you understand the concepts of general business topics and special disciplines. Vital Swiss industries include the high-tech and finance sectors, offering graduates broad employment prospects after obtaining an MBA in Switzerland. Apart from these advantages in terms of learning and career opportunities, many more reasons make Switzerland an attractive country for an MBA.
Swiss MBA programs are renowned globally for their high-quality education and practical approach. Completing an MBA in Switzerland opens doors to a world of opportunities and provides students with the recognition they need to succeed in the international business world.
Switzerland is a hub for international businesses, and MBA students in Switzerland have the opportunity to network with top industry professionals, expanding their professional network and increasing their chances of success.
Swiss MBA programs are taught by experienced professionals and academics who bring real-world experience and knowledge to the classroom, providing students with a well-rounded education.
Swiss MBA programs focus on practical, hands-on learning, providing students with the skills and knowledge they need to succeed in today’s fast-paced business world.
Innovation and Entrepreneurship
Swiss MBA programs place a strong emphasis on innovation, entrepreneurship, and leadership, providing students with the skills and knowledge they need to start and run successful businesses.
Types of MBA programs in Switzerland
In this section, we will provide you an overview of the Top MBA programs in Switzerland.
A full-time MBA program in Switzerland is a full-time program that typically lasts between 12 and 24 months. It is designed for students who have taken a break from work and want to focus solely on their education. The curriculum covers a wide range of business topics, including finance, marketing, management, and strategy, with an emphasis on practical learning. Full-time MBA programs in Switzerland are designed to provide students with a well-rounded education, preparing them for careers in a variety of industries.
The Executive MBA program in Switzerland is designed for senior managers who want to take their careers to the next level. This is a part-time program that typically takes 1-2 years to complete and focuses on the specific needs and challenges facing executives in today’s dynamic business world. Executive MBA programs in Switzerland cover a range of topics, including leadership, strategy, innovation, and entrepreneurship, and provide students with the skills and knowledge they need to succeed in their careers.
1 Year MBA
The 1-year MBA program in Switzerland is an intensive full-time program that takes just one year. It is designed for students who want to accelerate their education and gain a comprehensive understanding of business in a short period of time. 1-year MBA programs in Switzerland cover a range of business topics and provide students with a hands-on learning experience, preparing them for successful careers in a variety of industries.
The 1-year EMBA program in Switzerland is a fast-track Executive MBA program designed for senior executives who want to take their careers to the next level. It covers the same topics as a traditional Executive MBA program but is completed in just one year, making it ideal for executives who want to upskill quickly.
A part-time MBA program in Switzerland is designed for working professionals who want to further their education while working. This is a part-time program that typically takes 2-3 years to complete and covers a range of business topics including finance, marketing, management and strategy. Part-time MBA programs in Switzerland are designed to give students the flexibility they need to balance education and work, preparing them for successful careers in a variety of fields.
The Global MBA program in Switzerland is designed for students who want to study in multiple countries while gaining a global perspective on business. It usually takes 1-2 years and covers a range of business topics including finance, marketing, management and strategy. Global MBA programs in Switzerland give students the opportunity to study in different countries, interact with people from different cultures, and gain a truly global perspective on business, preparing them for careers in a variety of international industries.
Eligibility criteria for MBA in Switzerland
Some of the eligibility criteria are as follows:
- There are some criteria set for candidates who want to pursue an MBA degree.
- The candidate must have a bachelor’s degree in any field he/she wants.
- The bachelor’s degree must be from the applicant’s home country or from any other country.
- The master’s degree must be from the applicant’s home country or from any other country.
- 2-4 Years of experience which may vary.
- International students are required to pass an English proficiency test. Accepted tests and scores: TOEFL-105 iBt, IELTS-7.5, etc.
There are some of mandatory documents required for every university.
- A certified copy of the certificate of secondary education
- Certified copy of previous bachelor’s or master’s degrees
- All other relevant qualifications in the original language
- Application form
- Copy of valid passport, especially personal information, photo ID page
- Passport size photo
- Proof of English proficiency
- Review of applicant grades
- Translated overview of all course modules
Intakes and deadlines
Many universities in Switzerland start admissions for MBA programs in September, while some MBA schools offer students multiple admissions, for example in February, March, May and November.
However, it is recommended that a candidate who wants to pursue an MBA program in Switzerland should start applying to universities between October and May. Each university will have different deadlines, so the candidate will have to check the deadline on the official website of the university.
Admission process for MBA in Swiss Business School – Overview
The admission process for MBA programs in Switzerland varies from institution to institution, but generally includes the following steps:
- Submit an application: The first step in the admission process is to submit an application to the institution of your choice. This typically includes your resume, transcripts, and personal statement.
- Appear for GMAT or GRE: Many MBA programs in Switzerland require students to take the GMAT or GRE. These standardized tests measure a student’s aptitude for business and are used as a benchmark for admission.
- Provide Recommendation Letters: Most MBA programs in Switzerland require students to provide recommendation letters from past employers, professors, or other individuals who can attest to their professional and academic abilities.
- Attend an Interview: Some MBA programs in Switzerland require students to attend an interview as part of the admission process. This is an opportunity for the institution to get to know the student and assess their suitability for the program.
- Submit TOEFL or IELTS Scores: If English is not your first language, you may be required to submit scores from the TOEFL or IELTS, which are standardized tests of English proficiency.
- Submit Proof of Funds: Most MBA programs in Switzerland require students to submit proof of funds to cover the cost of tuition and living expenses.
- Wait for an Offer: After completing all of the admission requirements, you will receive an offer from the institution if you are accepted into the program.
Top MBA Swiss Business Schools
Following are some of the top MBA colleges for studying MBA in Switzerland:
|American University in Switzerland||Full-time MBA|
|EU business school||Full-time MBA|
|HEC Lausanne||Executive MBA|
|IMD Business School||Full-time MBA|
|University of Geneva||Executive MBA|
Full-time MBA Part-time MBA
|University of St. Gallen||Executive MBA|
International Executive MBA
|University of Strathclyde||Executive MBA|
|University of Zürich||Executive MBA|
Cost of Studying MBA in Switzerland
The cost of an MBA in Switzerland is determined by two factors: the cost of tuition and the cost of living. Let’s learn about them one by one:
To obtain an MBA in Switzerland, tuition fees range from 10,000 to 120,000 Swiss francs per year. These figures are based on any MBA program you choose, like Flex MBA, Full-time MBA, etc. The cost of an MBA in Switzerland for Indian students is Rs. 11,37,063 – Rs. 93,39,189.
Cost of living
The cost of living in Switzerland ranges from 1400 CHF-2250 CHF/month (113648 INR-182649 INR/month), (1495 USD- 2403 USD/month). Living, transportation, health insurance, food, and miscellaneous expenses make up the majority of your recurring monthly expenses.
Scholarship for studying MBA in Switzerland
There are several scholarships available for students who wish to study an MBA in Switzerland. Some of the popular scholarship options are
- Geneva Business School MBA Scholarships: offers scholarships up to CHF 10,000 to cover tuition fees.
- HEC Lausanne MBA Scholarships offers scholarships ranging from CHF 5,000 to CHF 25,000 to cover tuition fees.
- IMD MBA Scholarships: offers scholarships up to CHF 50,000 to cover tuition fees.
- St. Gallen MBA Scholarships: offers scholarships worth up to CHF 50,000 to cover tuition fees.
- Swiss Government Excellence Scholarships: covers living expenses, tuition fees, and travel costs up to CHF 20,000 per year.
Career prospects after MBA in Switzerland
Switzerland is the second highest paying MBA country (after Australia) and highest in Europe for MBA compensation – $139,400 (salary plus bonus) – according to the QS TopMBA.com Jobs & Salary Report. The average salary of an MBA graduate is $121,700.
There are several reasons why these salaries are so high. First, incomes in Switzerland are above average; Swiss per capita income is $80,000. Other explanations include the strengthening of the Swiss currency and the demand for MBA talent in financial services and multinational companies.
For international MBA students, Switzerland’s strong international community and recent changes in Swiss visa laws will help them find work after graduation. Switzerland’s strong international community and small size make MBA networking easy. A large number of Swiss multinational companies attract high-quality guest lecturers to their MBA programs. The fact that Switzerland is a small place compared to big cities like New York makes it easier to build relationships with the business community.
More flexible visa laws have given international MBA students more time to find work in Switzerland. In 2010, a law was passed that allows international students to stay in Switzerland for up to six months after graduation to give them time to find a job. In addition, the Swiss business community recognizes that highly qualified international talent is essential in order to develop its economy.
Some of the job profiles after MBA are:
- Advertising Manager
- Agriculture & Food Business
- Business Manager
- Digital Marketing Manager
- Finance Manager
- Human Resources Manager
- Import & Export Manager
- Infrastructure Manager
- International Business Manager
- IT & Systems Manager
- Marketing Manager
- Operations Manager
- Retail Manager
- Sales Manager
- Supply Chain Manager
- Transport & Logistics Manager
An MBA in Switzerland offers students an opportunity to study in a highly regarded and globally recognized academic environment. With a focus on practical, hands-on learning, Swiss MBA programs equip students with the skills and knowledge they need to succeed in today’s fast-paced business world. While the cost of an MBA in Switzerland can be high, the investment is well worth it, as Swiss MBA programs provide students with valuable networking opportunities and excellent career prospects.
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MBA in Switzerland: FAQs
An MBA (Master of Business Administration) in Switzerland is a postgraduate degree program in business administration and management. The program aims to provide students with a comprehensive understanding of business concepts, theories, and practices.
To be eligible for an MBA in Switzerland, applicants must have a bachelor’s degree and relevant work experience. Other admission requirements may vary between institutions but usually include English language proficiency, GMAT/GRE scores, and letters of recommendation.
The duration of an MBA in Switzerland typically ranges from 12 to 24 months, depending on the institution and program structure.
Graduates with an MBA in Switzerland can pursue careers in a range of industries, including finance, consulting, marketing, and operations. Many multinational companies have a presence in Switzerland, offering ample job opportunities for MBA graduates.
The curriculum of an MBA in Switzerland usually covers core business subjects such as finance, marketing, operations, and strategy. In addition, many programs offer elective courses and specialized tracks in areas such as entrepreneurship, leadership, and international business.
Anushree has 4+ years of experience in the career counseling industry as a Senior Content Writer. She has also worked as a Social Media Marketing Expert for a startup and Content Quality Analyst for Publishing and E-learning Industry. She has done her Master’s in Commerce and PGDM in Finance & Trade and Marketing & HR, but she is currently following her passion for writing.