Travel is common for MBA students, as it offers real-world education experiences at universities, companies, and business hubs around the world.
An MBA trip to a destination you’ve always wanted to visit may be the perfect capstone to your masters in business administration. MBA trips during a summer or other seasonal break can help you understand critical business issues and identify long-term opportunities, and might even help you land a job!
From trips sponsored by your MBA program to self-guided and organized tours, here are five popular destinations for MBA students to consider:
Walk Down Wall Street
While the well-known book by Burton Malkiel suggests taking A Random Walk Down Wall Street, my MBA program offered a course called An Organized Walk Down Wall Street, and like many MBA students before me, I got a crash course in the most important aspects of America’s biggest economic engine while earning MBA college credits simultaneously.
A Wall Street course gives prospective finance workers an inside view of the typical work days they might eventually experience in the New York financial hub. Check with your professors to see who they know—you might be able to get face-to-face meetings and big company visits in the world of trading desks, exchange floors, investment banking, private equity, and everything in between.
While NYU and Columbia MBA programs may list proximity to Wall Street as an added benefit, you don’t have to go to school in “The Big Apple” to get a real Wall Street experience.
Visit the Other Side of the Pond
In England, “The Pond” refers to the Atlantic Ocean, so a trip to the other side of the pond would lead you to London, one of the most important financial centers on Earth.
A London MBA trip could include classes at the excellent London School of Economics, a London-based program from a U.S. school, or visits to the financial and legal offices that make London an important financial destination.
If your university is on the list of partner schools for the London Business School, you may be able to incorporate a term abroad at this school without any disruption to your planned graduation schedule.
London is home to 19 internationally ranked colleges and universities, the London Stock Exchange, and acts as Europe’s most important financial center. Outside of the UK’s most populous city, consider a course at another world renowned school, such as Oxford University or Cambridge University.
Like New York, London is a top destination for those with a finance emphasis in their MBA program.
Not only is China a major economy with a number of business hubs, but the country also boasts the world’s largest population. Cities like Shanghai, Beijing, Nanjing, and Shenzhen are just a few possible destinations for an MBA study program in China.
If you can better understand China’s business landscape, you are setting yourself up for great success in a career in international business. Supply chain and strategic sourcing career paths often require working with businesses located in China, so learning more about how business works in this country can help you in your career.
Many American MBA programs have partnerships with universities in China for a semester or summer session.
Some top-rated MBA programs to look at if you want to build your own study trip include those at Antai College of Economics and Management and Fundan University, both in Shanghai; CEIBS China Europe International Business School and Tsinghua University, both in Beijing; and Sun Yat-sen University in Guangzhou.
If you want a career in supply chain management, manufacturing, or business operations, the skills you learn in Germany will come in useful down the road.
Germany is home to powerhouse global firms like Volkswagen, Siemens, Deutsche Bank, and SAP, not to mention some of the best-ranked MBA programs in the world.
Germany, or Deutschland to locals, offers high-ranking programs in cities around the county. Mannheim Business School, the top rated MBA program, is located in an old, ornate castle in Stuttgart!
Other top schools include WHU-Otto Beisheim School of Management (with dual campuses in Vallander and Dusseldorf), the Frankfurt School of Finance and Management in Frankfurt, and the European School of Management and Technology in Berlin.
Frankfurt acts as a core business center of Germany, while Berlin is the nation’s capital and and another important business city.
If you want to work with a major German firm or build your Eurozone credentials, you will be glad you took an MBA trip to Germany.
Get Educated in India
The second-most populated country in the world is categorized as an emerging economy. The nation boasts many high-quality universities and exciting opportunities for an MBA trip.
Some top MBA programs in India you may want to visit include the Indian Institute of Management, with campuses in Ahmedabad, Bangalore, Kolkata, or Lucknow; the Shailesh J. Mehta School of Management in Mumbai; and the Indian Institute of Technology in Delhi.
India is known as a hub for international business, so. if you have an interest in the field, studying there may be very relevant for your future career.
Experience the Global Economy
No matter where you go, an MBA trip can help you build the connections, experience, and resume to help you succeed in your career goals. You may even be able to pick up class credit and utilize student financial aid resources to make it possible.
So what are you waiting for? Jump on a plane and head to the destination that matches your goals and your dreams!
If you need more help paying for your MBA, make sure to check out CommonBond's loans.