Everyone knows that Switzerland has the world’s most beautiful mountains but the country also hosts some of the most prestigious institutes for MBA. The top 2 universities in Switzerland rank within the top 60 in the QS World MBA ranking 2022. The country’s strong finance sectors are an additional advantage to students for getting hired in the country with headquarters of 15+ Fortune 500 companies. Read below to find out how MBA in Switzerland offers the best international exposure opportunities:
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Why Study MBA in Switzerland?
The top reasons why an aspirant must consider pursuing an MBA degree from Switzerland are mentioned below:
- Enhance knowledge
- Ensure better networking
- Great salary and perks
- Get promotions regularly
- Change work profile
- Adding value to CV
- Start your own business
Types of MBA courses
The business schools in Switzerland offer different types of MBA courses such as the following:
Regular MBA
This course is designed for business minded students without any professional work experience. The duration for this course is two years. Upon admission, the students attend lectures and take part in different projects.
Executive MBA
Executive MBA is designed for students with the job. It is a two-year programme for students with at least five years of experience. The classes are held on weekends.
One-year MBA
The duration for this course is only one year. It is popularly called an accelerated MBA programme . The difference lies in the duration and the course fees. Many universities in Switzerland offer one-year MBA programmes.
Part-time MBA
The classes for part-time MBA are held on weekends only and are most suitable for office going aspirants.
Global MBA
This MBA program is specifically meant for students to run business sectors at global level.
Eligibility
An international student aspiring to pursue an MBA program in Switzerland must fulfil the following eligibility criteria.
- The candidate must have passed 10+2 with at least 60% score or equivalent
- The candidate must possess an undergraduate degree in MBA with a score of 3 out of 4 CGPA.
- Work experience of minimum 2 years
- English proficiency test IELTS/ TOEFL/ GRE/ GMAT
- At least 2 Recommendation letters
- Statement of Purpose
- Grade cards, transcripts, certificates
Intakes for MBA in Switzerland
MBA in Switzerland normally has a rolling intake for most of the universities. However, many colleges and universities start their yearly session in September. Apart from this, the colleges may also start their session and have multiple intakes like Feb/March, May and November. The students can apply for any intake according to their needs and when they feel comfortable.
Top universities in MBA
University | Program | QS MBA Ranking 2022 |
University of St. Gallen | Executive MBA International Executive MBA | 23 |
IMD Business School | Full time MBA Executive MBA | 12 |
University of Geneva | Executive MBA Full time MBAPart time MBA | – |
HEC Lausanne | Executive MBA | – |
EU business school | Full time MBA Part time MBA Distance Learning | – |
University of Zürich | Executive MBA | – |
American University in Switzerland | Full time MBA Distance Learning | – |
University of Strathclyde | Executive MBA Full time MBA Part time MBA | – |
Specializations
The most popular MBA specializations are listed below. Any of these domain specializations would help you in paving a smooth career.
- Finance
- Human Resources (HR)
- IT and Systems
- Retail
- Supply Chain
- Entrepreneurship
- Sales and Marketing
- International Business
- Operations
- Healthcare and Hospital
Skills Acquired
An MBA program in Switzerland prepares aspiring students for real world business challenges. During the entire course, students inculcate the following skills.
- Self-awareness
- Personal leadership development
- Global leadership development
- Leadership roles training
- International consultancy
- Strategy management
- Stakeholder engagement
- People management
- Leadership assessment
- Leadership coaching
- Leadership exercises
- Diversity, values and perspectives
Fees & Expenses
The average fees for a full time MBA course in Switzerland is around CHF 30,000 to CHF 85,000 (INR 20 lacs to 60 lacs). Few universities may have their course fee lower. Accommodation and Living expenses varies from city to city from CHF 21000 to CHF 36,000 CHF (INR 17 lacs to 30 lacs).
Scholarships
Some of the popular MBA program scholarships offered in Switzerland to the students are listed below. Kindly go through them before applying to any University.
- MD Alumni Club of Lausanne Scholarship
- Forté Women Scholarships
- Stewart Hamilton Scholarship
- The Staton Scholarship
- Young Leaders Scholarships
- Diversity Scholarships
- Merit Scholarships
- Financial Need Scholarships
- The CO-RO Foundation Scholarship
- The Hilti Scholarship for Women
- The Nestlé Scholarship for Women
Also Read: Scholarships in Switzerland for Indian Students 2021
Job Profiles for an MBA
The specialization in different MBA domains can provide jobs in the following profiles.
- Finance Manager
- Infrastructure Manager
- Business Manager
- Operations Manager
- Marketing Manager
- International Business Manager
- Sales Manager
- Human Resources Manager
- IT & Systems Manager
- Import & Export Manager
- Agriculture & Food Business
- NGO Manager
- Digital Marketing Manager
- Healthcare & Hospital Manager
- Oil & Gas Manager
- Data Analytics
- Business Analytics Consultant
- Entrepreneur
- Advertising Manager
- Supply Chain Manager
- Transport & Logistics Manager
- Retail Manager
Top Recruiters
The top recruiters for the MBA graduates include the following.
- Nestle
- Infosys
- Microsoft
- Amazon
- PWC
- Philips
- Pidilite
- Crisil
- Accenture
- Bajaj
- Microland
- GAR
- Aditya Birla Group
- Cipla
- Tata
Salary and Scope
The average salary of an MBA ranges between INR 12 lakhs to 72 lakhs per annum. The pay depends on the Institute, years of fieldwork, skill sets, and many more. MBA specialization can also be a factor for different pay scales. Overall, the MBA course is a promising study field. It develops interpersonal skills as well as professional capabilities. The job vacancies for an MBA are abundant in every work sector.
FAQs
Yes, Switzerland is an ideal country to pursue an MBA degree since many giant multinational companies have centres located there. These firms have good relations with the university placement cells.
MBA courses in Switzerland are not free. The tuition fees, accommodation charges, and other expenses are quite a lot.
Yes. As per the employment report from St. Gallen’s full-time MBA class of 2018, about 70% of graduates took up jobs in Switzerland and stayed. Alumni of MBA courses from Switzerland are taking up jobs in different fields, other than finance.
The cost of an MBA in Switzerland is around CHF 30,000 to CHF 85,000 (INR 20 lakhs to 60 lakhs) for the entire program.
If you are all geared to pursue MBA in Switzerland but don’t know where to start, our Leverage Edu experts are here to guide you throughout the application process, sorting out visa procedures and accommodation-related issues thus ensuring that your dream to study in Switzerland becomes a sure-shot reality.
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I want to pursue MBA in Switzerland. Post completion of education would like to settle with my wife and new born,
I have experience of 13years in IT Consulting-
Hey Raju. You can visit this blog to learn about MBA in Switzerland. The blog includes information regarding the types of MBA programs, eligibility criteria, top universities, and career scope. For further information connect with the study abroad experts at Leverage Edu.
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2 comments
I want to pursue MBA in Switzerland. Post completion of education would like to settle with my wife and new born,
I have experience of 13years in IT Consulting
Hey Raju. You can visit this blog to learn about MBA in Switzerland. The blog includes information regarding the types of MBA programs, eligibility criteria, top universities, and career scope. For further information connect with the study abroad experts at Leverage Edu.