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However MBAs can also be useful to recent graduates and can reduce the time it takes them to achieve a management post.
MBAs were first introduced in the USA in the late 1800s and for many years they remained an American phenomenon. The first European MBAs were introduced in the 1940s and provision in Europe, and particularly in the UK, has grown ever since. Many people believe that a European MBA is superior to an American one, as they are often more rigorous and usually incorporate a thesis. European MBAs are particularly attractive to foreign students as they allow them to live and work in Europe before returning to their own country with a highly valued qualification and the skills required participate in business ventures with European partners...
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