International MBAs Vs Domestic MBAs

The MBA continues be the most prestigious degree in business – and one of the most popular advanced degree in higher education. In 2016, some business schools saw MBA applications more than double their totals from 2006; the US News top 10 business schools received nearly 5,500 applications.

What explains this surge in popularity? First, return on investment. While upfront tuition costs can be expensive, MBAs dramatically increase salary potential and accelerate career advancement. Some programs boast a 10-year ROI as high as 250-325%, and many MBA graduates receive five-figure signing bonus (which can help offset student debt). On a related note, an MBA degree also offers career stability: every industry and every sector – public and private – need business professionals with technical expertise, leadership skills, and strategic insights. That means MBA graduates have career flexibility, too. Of course, business and finance are a popular landing zone for MBA grads, but many go on to careers in public policy, healthcare, information systems, and more.

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Should I Get an MBA Online?

In the library – pretty, female student with books, papers and laptop computer working in a high school library (color toned image)

The choice between pursuing a Masters in Business Administration at a traditional, brick-and-mortar school, and pursuing one at a digital, online school, is a decision that should incorporate a variety of factors. Some prospective students have not entered the workforce and are trying to gain the knowledge they need to get hired for a positions with competitive placement, while others are already employed, and are pursuing an MBA to qualify them for a raise or promotion. Online MBAs are traditionally tailored for working professionals who need accelerated and flexible class schedules to fit into their busy work weeks, but online programs are increasingly becoming more mainstream and can be attractive options for traditional students as well. One of the perks of online MBAs is their schedule and location flexibility. On the other hand, campus learning environments have the benefit of face-to-face interaction, which may be especially valuable to MBA students who are looking to network and make connections that they will be beneficial in their professional careers. Let’s look at a few of the factors that should go into the decision making process.

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How Quickly Can I Get an MBA?

When you begin your search for an MBA program, a few things might fly to the front of your mind. How much will it cost? What’s the best program for me? How long will it take to earn my degree? It might be the last one that weighs on you the most, especially when you consider that the longer you’re paying to go to school full time, the less time you’ll have to be earning money to support yourself and mitigate the cost of tuition and other similar costs related to school. MBA programs come in a number of formats, which have a heavy bearing on how quickly you can get an MBA. If you want a quick MBA, you can find one, but it might come with other scheduling aspects you might not have considered. Let’s look at some of the options and what they entail.

Traditional MBAs

A classic MBA program is generally geared towards students that have recently graduated from an undergraduate program, preferably (although not definitely) in business. These programs cover topics like accounting, statistics (and how to use them in business, communication, business ethics, business law, finance, economics, management, business operations, marketing, and much more. These programs often take place over two academic years, and can be completed in approximately 18 months (depending on school, program and location), and require 60 credits. If you’re going to take a traditional MBA, expect to be attending school for the longest overall period of time, as the program is usually broken into two years separated by a three to four month summer break. If you’re going to take a traditional MBA, you should take a look at this ranking of the best business schools in North America. But if you need to finish your MBA at a quicker pace to get back to work (and earning more than you did before), you might consider an accelerated MBA program.

Accelerated MBA

Accelerated MBAs (also known as one-year MBAs) are programs condense the two-year traditional format into approximately one year of school. They cover the same curriculum as traditional MBAs, but understand that their students can’t be spending all their time in school, and need to get back to work, or get a new job with higher compensation considering their new degree. The way these programs get students through them while providing them a high quality graduate education is by giving students a heavier course load and examination schedule, eliminating the three to four month summer break in traditional MBA programs. These programs also typically cost less than traditional MBA programs. Clearly they come with a tradeoff: you get your degree for less money in a quicker period of time, but you have to work much harder during that shortened period. Calculate that value as you will. And, if you’re looking for a one year MBA program, definitely read this ranking on the 15 best one-year MBAs that can be earned online. The curriculum of accelerated MBAs mimics that of traditional MBAs (economics, statistics, operations, management), but often comes with a concentration in subjects like finance, healthcare, human resources, information technology and more.

Part-time and Evening MBA Programs

If there’s no way that you can compromise your weekly daytime schedule, but really want to earn an MBA, you might consider a part-time MBA program. These programs generally meet on weekday evenings or weekends. Part-time programs generally take three years to finish, and are geared towards working professionals. Perhaps the time it takes to earn an MBA is less important than how much of your life you have to devote to it on a daily basis. Another similar format for earning your MBA is evening or second shift MBA programs. These are full-time programs that meet on weekday evenings of weekends, and take the two years that traditional MBA programs do, only scheduled to meet a schedule that includes full-time work or comparable responsibilities. So the former gives you an option to take your time while you earn an MBA and maintain your current schedule, while the latter is better if you feel you can handle an extremely heavy load of courses and outside responsibilities.

Executive MBAs

Executive MBAs are aimed at working professionals that can’t stop working in order to go back to school. For the most part these degrees are conveyed through a part-time schedule of twelve to 24 months. Business schools that offer EMBA programs normally search for candidates with comprehensive managerial experience (often 5 or more years, with ten or more years of work experience). Because EMBA students often go to school while working, and hope to use their new degree in their current job, they may be able to get tuition assistance from their employers. While Executive MBA might sound like it’s for executives only, students in these programs come from all sectors, including profit, nonprofit, and government. Sometimes these programs are called Global MBAs, and involve travel, while being aimed at a similar population of students.

Online MBAs

Finally, you might consider an online MBA. While these programs vary in length of time (oscillating between the normal or traditional MBA program and that of accelerated programs), what makes them standout is their general flexibility for students. In many online MBA programs students can choose when to do their work and attend virtual classes on a schedule that works for them. While the total amount of time in the program may be as much as a traditional MBA, if it’s scheduled around your life and completed remotely, won’t it feel like a quick MBA? For more information on top notch online MBA programs, you’ll want to look at the online MBA rankings on Great Business Schools to get a look at the full array of options you can choose. Many of these rankings are separated by fields of interest, so if you want an online MBA in entrepreneurship, finance, real estate or other topics, this is the place for you.

The 10 Best Locations For International Business

There’s a whole world of business opportunities out there, literally. For those willing to reach outside of their comfort zones and confront business problems on an international level, there are opportunities to grow businesses an order of magnitude bigger than in any one domestic sphere. More than that, foreign investment is the main driving force of International economy. Beyond that, it’s simply interesting to take a look at some of the fastest growing economies in a world. For those who are already in business, or looking to obtain a degree in international business, there’s a lot one can learn from the most thriving economies in the world. Here at GreatBusinessSchools we’ve taken a look at the top hundred economies in the world and compared them according to a number of metrics: how skilled the workforce is, how high quality the infrastructure is, economic predictability, attractive tax measures, and good connectivity with international markets.

For your convenience, we have compiled a list of the 10 best destinations for international business.

1 – Singapore

To stay on top of the ever-changing economic landscape, Singapore has invested heavily in upgrading its infrastructure and connectivity. In fact, the Republic ranked as the top logistics spot in the world according to the World Bank, putting Singapore at the forefront of supply chain solutions in today’s global market. The country is also recognized for having a very strong infrastructure, global and regional high-speed connectivity, and is one of the most networked economies in the world. Singapore is also business-driven and offers a business-friendly regulatory environment in order to attract global businesses. Finally, 53 percent of the population holds a Bachelor’s degree or above and Singapore has two major universities, assuring the presence of a qualified workforce and educated clientele.

Singapore is known for being a key player in the area of Biomedical Sciences, Tourism, Logistics, Construction, Finance, Health Care, Info-Communications, and Media, and as a main chemical development and manufacturing hub worldwide. Additionally, as an established IT hub, it already attracts global players in the media industry such as Twitter and Netflix, among others, and has formed countless foreign business partnerships. Receptivity to international partnerships greatly facilitates operations in the country. Moreover, the government launched Smart Nation, a program promoting the use of technology and cloud computing within private industry to create data analytics, cyber security, design, and more. In fact, the government is behind many decisions promoting a shift toward a high-tech economy founded on diverse industries ranging from education, gaming, sports, and lifestyle to finance.

2 – Sweden

Investing in Sweden sounds like a good venture since the country excels and competes at the highest international level. In fact, Sweden is one of the most productive nations in the world and also a leader in innovation, ranking #1 in Europe. The Swedish infrastructure and construction sector is booming as the country is investing 64 billion euros in roads, railways, and metro expansions, and 150 billion euros will be spent on new housing and offices between now and 2030. This in turn is creating major opportunities for contractors and there is currently a need for international expertise, as well as for innovation and investment from foreign firms. Sweden is also home to 6 of the top Global Universities, so it is not surprising that it has one of the highest educated workforces in the world. Additionally, 47.2% of the population holds a Bachelor’s degree or higher, and Swedish people are known for their work ethic and sophisticated consumer taste.

Major industries include Automotive and Transportation Technology, Information Technology, Communications, Pharmaceuticals, Green Technology, and, of course, tourism. Sweden hosts over 30 of the 500 largest companies in Europe, and many international information technology companies like Microsoft and Intel have elected Sweden as a base for their European operations. Starting a venture in Sweden is an easy process, and the country offers economic and political stability, a well-performing economy, and has the highest manufacturing productivity in Europe. Additionally, regulatory frameworks are outright and transparent, and, comparatively, the corporate tax rate is low, making Sweden a business-friendly environment. Not surprisingly, Forbes has recognized Sweden among the top five best countries in which to do business.

3 – Canada

As a dynamic, multicultural center, Canada offers a welcoming business environment to foreign investors, and major incentives for business development. The country has experienced remarkable growth due to a diversified economy, low business tax costs, judicious fiscal management, and financial regulations. Moreover, a sound banking system, a stable workforce, and a business climate that encourages entrepreneurship and innovation are all predictors of profitability. Canada also ranks highly in terms of quality of life and hosts six of the top 200 global universities. Additionally, technology is opening up endless possibilities in terms of business ventures and is an important driving force behind the country’s recent infrastructure improvements. Finally, Canada possesses a highly educated workforce with 60.6% of the population having completed post-secondary education.

Canada is a country that drives tremendous amounts of innovation and growth, thus, presenting significant levels of opportunities for strategic foreign investment in sectors like Oil & Gas Field Services, Construction, Marketing & Media Software Publishing, Financial Technology, Virtual and Augmented reality, and Medical Marijuana. Additionally, marijuana production is federally-regulated and medical use is legal nationwide, creating opportunities for support companies from transporters, growth capital sources, and industry consultants, to the tech space. According to the World Bank, Canada offers foreign investors preferential market access through NAFTA and EU partnerships, and immigration policies have recently changed to become more advantageous for foreign investors.

4 – Australia

Australia is increasingly gaining attention from foreign investors due to a strong economy (the world’s 13th largest, in fact), a strategic geographic location that is close to emerging Asian markets, political stability, and a flexible regulatory environment. Australia offers high levels of innovation investment and a world-class information and communication technology infrastructure. Indeed, because of a vibrant economy, immigration into Australia is on the rise and with this expansion has come an improvement in large-scale infrastructure. In particular, the construction , civil engineering, and transportation sectors have seen major activity. Additionally, the government welcomes foreign organizations to enter the infrastructure development market in order to increase competition. Australia is also home to world-class research institutions. In fact, the country hosts eight of the top 200 Global Universities and 49.3% of the nation has completed tertiary education.

Australia’s workforce is among the most skilled in the world and employment in knowledge-intensive services is one of the highest in the world. Australia offers distinct advantages due to its richness in natural resources making it an attractive option as an investment destination. Agricultural Production, Resources & Energy, Financial Services, Biotechnology, Education, and Tourism are among the main sectors for entrepreneurship. The Finance sector is currently one of the country’s key areas of growth–particularly fund management, payment systems, and retail banking.

Australia’s strong record of innovation, commercial focus, and globally collaborative approach make it an ideal environment for international organizations to enter joint or standalone ventures.

5 – Switzerland

Switzerland is one of the top 10 wealthiest countries in the world and home to some of the world’s top multinational companies, such as pharmaceutical major league players, and the largest food and beverage company–Nestle. Due to its advantageous geographic location, Switzerland offers easy access by land and a well-developed automotive infrastructure network for international trade. Switzerland is also one of the world’s most advanced countries in terms of research and development and provides the opportunity to attend some of the world’s most renowned universities (seven of the top 200 global institutions are located in Switzerland). Additionally, the literacy rate is 99% and 48.8% of the population hold a bachelor’s degree or above. Additionally, a highly educated and multilingual workforce offers potential investors the choice of employing multilingual workers. In short, the country offers many business advantages: a good geographical location, first-rate infrastructure, and a highly qualified and diverse workforce.

Switzerland has long been recognized as an investment safe-haven and, due to its neutral political state, it has maintained a strong and stable economy over the years. Banking is one of the most important industries there but other sectors are attracting foreign entrepreneurs as well. For instance, other key economic sectors include Tourism, Information Technology, and Pharmaceuticals, as well as new industries like the Bio- and Nano-technologies. Among developed countries, Switzerland offers one of the lowest taxation rates, a very low inflation rate, and provides investors with many tax incentives, such as generous interest rates. For foreign investors interested in doing business in Switzerland, the government has initiated the Swiss “one-stop-shop” program, which is a service that provides helpful resources and helps investors connect with their desired field of activity. A strong and stable economy as well as many tax incentives make Switzerland an appealing destination for investors.

6 – United States

The United States has long been a top investment destination and consistently ranks among the best internationally for its competitiveness, innovation, and ease of doing business. While infrastructure quality is inconsistent across the country, upcoming strategic infrastructure projects worth $450 billion are scheduled for the near future. The U.S. is also home to 63 of the top 200 global universities and while 47,5 population hold a bachelor degree or higher, the country hosts one of the most productive workforces in the world.

Some of the advantages include a business-friendly environment, open markets, and a high quality of life. The United States is known for promoting and encouraging free enterprise, competition, and economic growth. Indeed, the U.S. offers the world’s largest consumer market, and a market-driven and transparent economy. Moreover, regulatory environments offer great operational freedom, making the process of forming a business simple and straightforward. Major industries in the United States include Energy, Manufacturing, Transportation, Healthcare, and Agriculture, Financial Services, IT, and Telecommunications. Reasons for foreign entrepreneurs to invest in the U.S. include risk diversification, efficiency of financial markets, and strong corporate governance. Other factors may include geographic convenience, and a common business language of English.

7 – Netherlands

Excellent business infrastructure makes Holland the perfect place for high-tech industries to flourish. Businesses can benefit from a first-class logistics infrastructure that include airports, seaports, high-speed roads, rail, and IT connectivity. Holland is also known for providing world-class education and is home to 12 research universities, and 8 university medical centers. Notably, 45.2% of the population holds at least a bachelor’s degree. On top of an educated and highly trained workforce, 90% of the Dutch population speaks English–a major incentive for international corporations.

Top industries include life sciences and clinical research, which, in turn, contributes greatly to business expansion and productivity. In fact, the country ranks among the Top 10 in life science and healthcare patents worldwide. The country’s open corporate business culture, transparent government, competitive tax structure, and strategic location on the North Sea have attracted major corporations over the years. For instance, heavyweights like Shell, Heineken, and IKEA all have headquarters in the Netherlands. Holland is also a leading supplier of chemical products and services. Other key industries include agrifood, information technology, high tech innovation, and aerospace. New regulations allow foreign entrepreneurs to apply for a temporary residence permit for the Netherlands. Competitive tax measures, a strategic geographical location, and being one of the most wired countries in the world make the Netherlands a hotspot for international investors.

8 – United Kingdom

The United Kingdom is a leading force in terms of foreign investment in Europe. Also a world leader in innovation and research, it is home to 33 of the Top 200 best global universities. The U.K. also maintains the 2nd largest workforce in the EU and 52% of the population is educated at the bachelor’s level or above. Perks of operating in the U.K. include flexible labor laws, low labor costs and high returns, world-class transportation systems, a strong communication network, and, of course, the fact that English–the language of business–is the main language there.

Internationally competitive tax measures, a stable political climate, and regulatory environments that offer transparency are very beneficial for the United Kingdom’s business environment. Not only does the UK offer a relatively low 20% Corporation Tax Rate, but companies may get a 100% deduction for Research & Development costs, which incentivizes innovation. Additionally, opening a business in the UK is extremely easy, (it only takes 48 hours to register a company and 13 days to establish a business in the UK, according to the World Bank). The UK also happens to have the fewest barriers to entrepreneurship in the world. For instance, most companies based in the UK do not pay Corporation Tax on foreign dividends. The country is recognized worldwide as a major player in finance and banking, but other key industries include information technology, construction, service, oil and gas, healthcare, education and administration, manufacturing, and government.

9 – Germany

Germany is Europe’s leading economy and largest market, and, as such, has long been a top destination for foreign investors. Germany offers a first-class transportation system and a superior energy and communications infrastructure, ensuring a direct and efficient way to do business. Due to low unemployment rates, consumer spending is extremely stable, and a first-class infrastructure and central location have all contributed to making Germany the largest consumer market in Europe. Germany hosts 22 universities that rank on the Top 200 Best Global University list and 30.5% of the population hold a bachelor’s degree or higher.

As a world leader in innovation, Germany’s high-tech sector is one of the major industries and one backed by billions of euros in federal funds yearly. Other highly performing industries include automotive, aerospace, chemical, consumers industries, and corporate industries. Over the years, the Federal Government has significantly lowered corporate taxes and also offers many tax incentives at all stages of the investment process.

10 – Luxembourg

Although last on our list, Luxembourg ranks extremely high in terms of global economic dynamism. International studies on the competitiveness of countries consistently rank Luxembourg among the top. The government offers a pro-business environment and promotes diversification within the financial marketplace, which are both attractive factors to foreign investors. In terms of education, Luxembourg hosts a major global university–an internationally-focused, research-oriented institution–the University of Luxembourg. Notably, over 51% of the population has a tertiary-level education. Furthermore, Luxembourg offers state-of-the-art logistics infrastructures for transport and communication–a sector of the economy that is actively supported by government initiatives. Luxembourg has long been recognized as a prime business location and an international financial center.

Due to its political and economic stability, specialized and multilingual workforce, state-of-the-art infrastructure, excellent connectivity to global markets, favorable legal environment, and attractive tax laws, Luxembourg offers a wide range of assets and opportunities for doing business in the EU. In order to encourage business, the Luxembourg Government offers many incentives like capital investment subsidies, reduced tax rates, deferred corporate tax payment schedules, equipment financing, and financial assistance to entrepreneurs. The government also supports investments that are technology-based and that contribute to the development of innovation. Besides the technology sector, other key industries to invest in include manufacturing, financial, services, tourism, and e-commerce.

Foreign investment is the main driving force of international economy. Not only do you need an economic environment that is conducive to your activity, when investing abroad, you also need a skilled workforce, high quality infrastructures, economic predictability, attractive tax measures, and good connectivity with international markets.

For your convenience, we have compiled a list of the 10 best destinations for international business.

1 – Singapore

To stay on top of the ever-changing economic landscape, Singapore has invested heavily in upgrading its infrastructure and connectivity. In fact, the Republic ranked as the top logistics spot in the world according to the World Bank, putting Singapore at the forefront of supply chain solutions in today’s global market. The country is also recognized for having a very strong infrastructure, global and regional high-speed connectivity, and is one of the most networked economies in the world. Singapore is also business-driven and offers a business-friendly regulatory environment in order to attract global businesses. Finally, 53 percent of the population holds a Bachelor’s degree or above and Singapore has two major universities, assuring the presence of a qualified workforce and educated clientele.

Singapore is known for being a key player in the area of Biomedical Sciences, Tourism, Logistics, Construction, Finance, Health Care, Info-Communications, and Media, and as a main chemical development and manufacturing hub worldwide. Additionally, as an established IT hub, it already attracts global players in the media industry such as Twitter and Netflix, among others, and has formed countless foreign business partnerships. Receptivity to international partnerships greatly facilitates operations in the country. Moreover, the government launched Smart Nation, a program promoting the use of technology and cloud computing within private industry to create data analytics, cyber security, design, and more. In fact, the government is behind many decisions promoting a shift toward a high-tech economy founded on diverse industries ranging from education, gaming, sports, and lifestyle to finance.

2 – Sweden

Investing in Sweden sounds like a good venture since the country excels and competes at the highest international level. In fact, Sweden is one of the most productive nations in the world and also a leader in innovation, ranking #1 in Europe. The Swedish infrastructure and construction sector is booming as the country is investing 64 billion euros in roads, railways, and metro expansions, and 150 billion euros will be spent on new housing and offices between now and 2030. This in turn is creating major opportunities for contractors and there is currently a need for international expertise, as well as for innovation and investment from foreign firms. Sweden is also home to 6 of the top Global Universities, so it is not surprising that it has one of the highest educated workforces in the world. Additionally, 47.2% of the population holds a Bachelor’s degree or higher, and Swedish people are known for their work ethic and sophisticated consumer taste.

Major industries include Automotive and Transportation Technology, Information Technology, Communications, Pharmaceuticals, Green Technology, and, of course, tourism. Sweden hosts over 30 of the 500 largest companies in Europe, and many international information technology companies like Microsoft and Intel have elected Sweden as a base for their European operations. Starting a venture in Sweden is an easy process, and the country offers economic and political stability, a well-performing economy, and has the highest manufacturing productivity in Europe. Additionally, regulatory frameworks are outright and transparent, and, comparatively, the corporate tax rate is low, making Sweden a business-friendly environment. Not surprisingly, Forbes has recognized Sweden among the top five best countries in which to do business.

3 – Canada

As a dynamic, multicultural center, Canada offers a welcoming business environment to foreign investors, and major incentives for business development. The country has experienced remarkable growth due to a diversified economy, low business tax costs, judicious fiscal management, and financial regulations. Moreover, a sound banking system, a stable workforce, and a business climate that encourages entrepreneurship and innovation are all predictors of profitability. Canada also ranks highly in terms of quality of life and hosts six of the top 200 global universities. Additionally, technology is opening up endless possibilities in terms of business ventures and is an important driving force behind the country’s recent infrastructure improvements. Finally, Canada possesses a highly educated workforce with 60.6% of the population having completed post-secondary education.

Canada is a country that drives tremendous amounts of innovation and growth, thus, presenting significant levels of opportunities for strategic foreign investment in sectors like Oil & Gas Field Services, Construction, Marketing & Media Software Publishing, Financial Technology, Virtual and Augmented reality, and Medical Marijuana. Additionally, marijuana production is federally-regulated and medical use is legal nationwide, creating opportunities for support companies from transporters, growth capital sources, and industry consultants, to the tech space. According to the World Bank, Canada offers foreign investors preferential market access through NAFTA and EU partnerships, and immigration policies have recently changed to become more advantageous for foreign investors.

4 – Australia

Australia is increasingly gaining attention from foreign investors due to a strong economy (the world’s 13th largest, in fact), a strategic geographic location that is close to emerging Asian markets, political stability, and a flexible regulatory environment. Australia offers high levels of innovation investment and a world-class information and communication technology infrastructure. Indeed, because of a vibrant economy, immigration into Australia is on the rise and with this expansion has come an improvement in large-scale infrastructure. In particular, the construction , civil engineering, and transportation sectors have seen major activity. Additionally, the government welcomes foreign organizations to enter the infrastructure development market in order to increase competition. Australia is also home to world-class research institutions. In fact, the country hosts eight of the top 200 Global Universities and 49.3% of the nation has completed tertiary education.

Australia’s workforce is among the most skilled in the world and employment in knowledge-intensive services is one of the highest in the world. Australia offers distinct advantages due to its richness in natural resources making it an attractive option as an investment destination. Agricultural Production, Resources & Energy, Financial Services, Biotechnology, Education, and Tourism are among the main sectors for entrepreneurship. The Finance sector is currently one of the country’s key areas of growth–particularly fund management, payment systems, and retail banking.

Australia’s strong record of innovation, commercial focus, and globally collaborative approach make it an ideal environment for international organizations to enter joint or standalone ventures.

5 – Switzerland

Switzerland is one of the top 10 wealthiest countries in the world and home to some of the world’s top multinational companies, such as pharmaceutical major league players, and the largest food and beverage company–Nestle. Due to its advantageous geographic location, Switzerland offers easy access by land and a well-developed automotive infrastructure network for international trade. Switzerland is also one of the world’s most advanced countries in terms of research and development and provides the opportunity to attend some of the world’s most renowned universities (seven of the top 200 global institutions are located in Switzerland). Additionally, the literacy rate is 99% and 48.8% of the population hold a bachelor’s degree or above. Additionally, a highly educated and multilingual workforce offers potential investors the choice of employing multilingual workers. In short, the country offers many business advantages: a good geographical location, first-rate infrastructure, and a highly qualified and diverse workforce.

Switzerland has long been recognized as an investment safe-haven and, due to its neutral political state, it has maintained a strong and stable economy over the years. Banking is one of the most important industries there but other sectors are attracting foreign entrepreneurs as well. For instance, other key economic sectors include Tourism, Information Technology, and Pharmaceuticals, as well as new industries like the Bio- and Nano-technologies. Among developed countries, Switzerland offers one of the lowest taxation rates, a very low inflation rate, and provides investors with many tax incentives, such as generous interest rates. For foreign investors interested in doing business in Switzerland, the government has initiated the Swiss “one-stop-shop” program, which is a service that provides helpful resources and helps investors connect with their desired field of activity. A strong and stable economy as well as many tax incentives make Switzerland an appealing destination for investors.

6 – United States

The United States has long been a top investment destination and consistently ranks among the best internationally for its competitiveness, innovation, and ease of doing business. While infrastructure quality is inconsistent across the country, upcoming strategic infrastructure projects worth $450 billion are scheduled for the near future. The U.S. is also home to 63 of the top 200 global universities and while 47,5 population hold a bachelor degree or higher, the country hosts one of the most productive workforces in the world.

Some of the advantages include a business-friendly environment, open markets, and a high quality of life. The United States is known for promoting and encouraging free enterprise, competition, and economic growth. Indeed, the U.S. offers the world’s largest consumer market, and a market-driven and transparent economy. Moreover, regulatory environments offer great operational freedom, making the process of forming a business simple and straightforward. Major industries in the United States include Energy, Manufacturing, Transportation, Healthcare, and Agriculture, Financial Services, IT, and Telecommunications. Reasons for foreign entrepreneurs to invest in the U.S. include risk diversification, efficiency of financial markets, and strong corporate governance. Other factors may include geographic convenience, and a common business language of English.

7 – Netherlands

Excellent business infrastructure makes Holland the perfect place for high-tech industries to flourish. Businesses can benefit from a first-class logistics infrastructure that include airports, seaports, high-speed roads, rail, and IT connectivity. Holland is also known for providing world-class education and is home to 12 research universities, and 8 university medical centers. Notably, 45.2% of the population holds at least a bachelor’s degree. On top of an educated and highly trained workforce, 90% of the Dutch population speaks English–a major incentive for international corporations.

Top industries include life sciences and clinical research, which, in turn, contributes greatly to business expansion and productivity. In fact, the country ranks among the Top 10 in life science and healthcare patents worldwide. The country’s open corporate business culture, transparent government, competitive tax structure, and strategic location on the North Sea have attracted major corporations over the years. For instance, heavyweights like Shell, Heineken, and IKEA all have headquarters in the Netherlands. Holland is also a leading supplier of chemical products and services. Other key industries include agrifood, information technology, high tech innovation, and aerospace. New regulations allow foreign entrepreneurs to apply for a temporary residence permit for the Netherlands. Competitive tax measures, a strategic geographical location, and being one of the most wired countries in the world make the Netherlands a hotspot for international investors.

8 – United Kingdom

The United Kingdom is a leading force in terms of foreign investment in Europe. Also a world leader in innovation and research, it is home to 33 of the Top 200 best global universities. The U.K. also maintains the 2nd largest workforce in the EU and 52% of the population is educated at the bachelor’s level or above. Perks of operating in the U.K. include flexible labor laws, low labor costs and high returns, world-class transportation systems, a strong communication network, and, of course, the fact that English–the language of business–is the main language there.

Internationally competitive tax measures, a stable political climate, and regulatory environments that offer transparency are very beneficial for the United Kingdom’s business environment. Not only does the UK offer a relatively low 20% Corporation Tax Rate, but companies may get a 100% deduction for Research & Development costs, which incentivizes innovation. Additionally, opening a business in the UK is extremely easy, (it only takes 48 hours to register a company and 13 days to establish a business in the UK, according to the World Bank). The UK also happens to have the fewest barriers to entrepreneurship in the world. For instance, most companies based in the UK do not pay Corporation Tax on foreign dividends. The country is recognized worldwide as a major player in finance and banking, but other key industries include information technology, construction, service, oil and gas, healthcare, education and administration, manufacturing, and government.

9 – Germany

Germany is Europe’s leading economy and largest market, and, as such, has long been a top destination for foreign investors. Germany offers a first-class transportation system and a superior energy and communications infrastructure, ensuring a direct and efficient way to do business. Due to low unemployment rates, consumer spending is extremely stable, and a first-class infrastructure and central location have all contributed to making Germany the largest consumer market in Europe. Germany hosts 22 universities that rank on the Top 200 Best Global University list and 30.5% of the population hold a bachelor’s degree or higher.

As a world leader in innovation, Germany’s high-tech sector is one of the major industries and one backed by billions of euros in federal funds yearly. Other highly performing industries include automotive, aerospace, chemical, consumers industries, and corporate industries. Over the years, the Federal Government has significantly lowered corporate taxes and also offers many tax incentives at all stages of the investment process.

10 – Luxembourg

Although last on our list, Luxembourg ranks extremely high in terms of global economic dynamism. International studies on the competitiveness of countries consistently rank Luxembourg among the top. The government offers a pro-business environment and promotes diversification within the financial marketplace, which are both attractive factors to foreign investors. In terms of education, Luxembourg hosts a major global university–an internationally-focused, research-oriented institution–the University of Luxembourg. Notably, over 51% of the population has a tertiary-level education. Furthermore, Luxembourg offers state-of-the-art logistics infrastructures for transport and communication–a sector of the economy that is actively supported by government initiatives. Luxembourg has long been recognized as a prime business location and an international financial center.

Due to its political and economic stability, specialized and multilingual workforce, state-of-the-art infrastructure, excellent connectivity to global markets, favorable legal environment, and attractive tax laws, Luxembourg offers a wide range of assets and opportunities for doing business in the EU. In order to encourage business, the Luxembourg Government offers many incentives like capital investment subsidies, reduced tax rates, deferred corporate tax payment schedules, equipment financing, and financial assistance to entrepreneurs. The government also supports investments that are technology-based and that contribute to the development of innovation. Besides the technology sector, other key industries to invest in include manufacturing, financial, services, tourism, and e-commerce.

What Makes an International Destination Business Friendly?


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A: The global economy and the digital era have reshaped business opportunities, whether they be educational, financial, or in networking and building organizations from the ground up. Now you can run a business in a foreign country remotely, or with the help of people you rarely if ever see in person. Given the disparate regulatory (and deregulatory) policies of countries around the world, and the access to different markets they allow, it behooves business leaders to carefully consider what destination is most business friendly. International business involves lots of moving parts, and must work within different confines while taking advantage of opportunities that are tricky to suss out. Countries do many things to attract international investment, and not all of them are beneficial to the countries, or the international community.

International Business Destinations might not be where you’d expect. Take Alabama for example. In 2014, over $1 billion in direct foreign investment was pumped into the state, and it saw a 115% increase in exports between 2004 and 2014. At a time when American manufacturing struggled across the country, Alabama’s automotive manufacturing industry flourished through foreign investments from Mercedes-Benz, Hyundai, Honda and Airbus. In 2012 it set production records, and has a strong supplier infrastructure, respected training programs, wide and efficient transportation network and continued success with top auto manufacturers. It also has a low corporate tax rate in comparison with many other states. Other key exports from Alabama now include industrial machines, minerals, iron and steel, plastics, chemicals, and aircraft and aircraft parts.

One way countries attract global business is through their corporate tax rates, which fluctuate massively throughout the world. It might seem logical to offer lower corporate tax rates to be business friendly, and many countries do so. In December 2016, CNN wrote about work Oxfam researchers did studying the Netherlands, Switzerland, Singapore, Luxembourg, Bermuda, Cayman Islands and Ireland’s corporate tax rates, and the damage they do to the international community. By keeping corporate taxes so low, Oxfam found these countries were “starving countries out of billions of dollars needed to tackle poverty and inequality.” They found the cuts in corporate tax resulted in massive cuts to public spending, or taxing poorer people. However, the strategy worked, with Oxfam saying 90% of the world’s biggest companies were involved in at least one tax haven. Sometimes, larger regulatory bodies force international destinations that would like to be business friendly to go against their wishes. Ireland was recently ordered by the European Union to recover €13 billion in unpaid taxes from Apple. Companies have also been targeted more directly, like Starbucks, which was told to pay back €30 million it avoided paying in taxes due to a deal with the Netherlands. Countries also incentivize international business investment and production through cutting safety regulations, workers rights and other restrictions that prevent multinational businesses from making maximum profit.

The international communications technology explosion has lowered delivery costs and allowed instantaneous access to far larger consumer pools much the way transportation developments lowered costs in the previous two centuries. Arranging business processes across borders with ease has made many international destinations appealing, strictly by being emerging, untapped markets for products that can reach them with remote cooperation and minimum cost. Now a country can enter existing supply chains that want their participation instead of building them in order to attract interest and investment from global businesses.

To get a better understanding of global business, you might consider an International MBA or Global MBA. International and Global MBAs are MBA programs that focus on international political economies, foreign languages and culture through a diverse student body and course materials that prepare students for multinational business ventures. They also often take place in other countries, or on multiple campuses across continents, to give students real world experience with fluctuating regulations, business practices and cultures to prepare them to wreak havoc on the market once they graduate. Some IMBA programs require students to participate in one or two international experiences. Classes in Global MBA and International MBA programs often include financial management analysis, financial accounting, marketing for international managers and international economy and business. These programs prepare students to work in education, government, finance and multinational corporations, and focus on giving them the tools they’d need to do so wherever they please. International MBA programs are often less expensive than traditional American MBAs, and can take only one year as opposed to the American standard of two. Here’s a list of top International Business Schools to help start your search. It prizes schools that develop graduates for careers in global sales, marketing, and financial management, ranking programs based on their unique features and affordability.

Editor’s Choice For Best Online Business Degree Programs

10_business_editors_choiceIn an increasingly complex, fast-paced, and transforming business world, businesses, corporations, and organizations need well-trained professionals to lead, manage, and innovate. Time and again, companies have turned to MBA graduates, and the habit is expected to continue. According to the U.S. Bureau of Labor Statistics, employment for MBA graduates will continue to grow through 2022; and jobs for training and development managers are projected to increase 11 percent. MBA candidates study everything from accounting and finance, to strategic management and decision making, to organizational behavior and entrepreneurship. Most programs include experiential, hands-on learning opportunities to provide students with valuable real-world work, and many offer customization options in addition to the core business curriculum. Still, while the traditional on-campus route remains popular, more and more students are choosing to complete the degree online to avoid disrupting their careers. And as demand for the online MBA has increased, so has the quality of the supply: some of the top business schools in the country now offer the same MBA online as one can earn on-campus. Below, find our top fifteen programs.
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What Are The Best Government Jobs You Can Get With A Business Degree?

Students pursuing a degree in Business have a variety of options for employment when entering the work force after graduation. While the private sector has plenty to offer, opting for a government job has the benefit of job security in an unsure market and often government positions offer competitive pay in comparison to private sector jobs. Since a Business Degree covers a broad spectrum of fields, students who graduate with a Business Degree often have a wide variety of skills to offer, providing them a range of options for government work.

Accounting

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What is an MBA?

The MBA is a specialized postgraduate degree for professionals who want to master the science and application of management models used to operate businesses. Those who pursue this degree take on concentrated studies in marketing, human resources, accounting, economics, finance and business administration. The degree is considered so prestigious in the business world that some executive level jobs make it a requirement. Some HR recruiters who are seeking to fill higher management positions at corporations will not even consider candidates who have not earned an MBA.

A Brief History of the MBA

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Accelerated MBA Programs

Many people in the work force are realizing that they need something more than a bachelor’s degree to advance in their industry. While some may recognize the value of a Master’s of Business Administration (MBA), there are quite a few of this number who do not want to take years out of their professional and personal lives in order to pursue a master’s degree. Various business schools in the United States and abroad recognized this need and began offering accelerated MBA programs.

The difference between a regular MBA and an accelerated one is that a normal MBA degree program takes two years to complete, while most people complete an accelerated program in 12 to 15 months. Students who enroll in accelerated MBA programs are usually expected to attend class full time. These accelerated business programs are also known as fast track MBAa or a one-year MBA program.

Where Can I Find Accelerated MBA Programs?

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How to Choose a Quality MBA Program

Although it is possible to succeed in the business world without a graduate degree, getting an MBA from an accredited program remains the best way to advance in today’s competitive job market. MBA programs greatly increase a job candidate’s networking capabilities and provide unique opportunities for students to find mentors and get internships that transition into post-graduation careers. MBA programs also provide students with excellent opportunities to learn specialized skills to help them succeed in entrepreneurial ventures or get a job in a niche field, like information technology or international finance.

The single biggest reason people choose to get an MBA degree is earning potential. The salaries of individuals with MBAs can be up to $100,000 higher than those of people without the degree, making the cost of obtaining an MBA degree one of the wisest investments a person can make.
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