Business schools in Latin America are on the rise, with several now accredited by prestigious awarding bodies and some ranked by accredited publications such as America Economia and Forbes.
Studying an MBA in one of the Spanish- or Portuguese-speaking nations of Latin America has distinct advantages. Not least, the career opportunities afforded by some of its small but fast-growing economies. Austerity has had an impact, but the demand for highly skilled talent is growing in industries such as professional services, consulting, financial services and technology.
Many Latin American countries are also striving to become centers of entrepreneurship and innovation, with thriving start-up scenes in cities such as Buenos Aires, Medellin and Sao Paulo attracting foreign students looking to establish new businesses.
Management positions must be held by managers and entrepreneurs capable of managing and leading organizations in a competitive, global and dynamic environment. They must also have the global knowledge of business management in an international environment that allows them to develop the managerial skills necessary to lead complex projects in all types of organizations. Thus, the MBA responds to the real needs of the business world.
A professional can make the decision to study an MBA for two basic reasons: to update their professional concepts or to learn basic business management skills. When it comes to updating, this is usually the reason why professionals with more time in the business choose the MBA: to keep learning and remain competitive in a globalized market. The academic training of MBA students is highly valued in the business world. It is a future investment, adding weight to your resume. In addition to a better salary, MBA students can get better jobs. It is worth mentioning that professionals who graduate from these programs are more likely to have access to leadership and senior management positions in companies.
All in all, pursuing an MBA leads to the consolidation of a good network of contacts, the acquisition of new skills and strategic knowledge, job stability and recognition, and the knowledge to start a new company.
Once you've decided you want to pursue an MBA, it's a big decision to choose where to do it.
You could spend up to two years or more living in the destination of your choice, even longer if you find a graduate job in the country.
With so much riding on this decision, it makes sense to wonder where other applicants in your region choose to earn their MBA degree.
According to the QS Global MBA Rankings for Latin America 2021, this is the list of the best MBAs in Latin America:
