Deciding where to study your master’s degree shouldn’t be a quick decision. Your choice of location will be your home for at least one year and, should you decide to base your career there, maybe even longer.
Your decision should take into account a number of factors, including reputation of master's programs on offer, quality and cost of living, career opportunities, and ease of entry.
Here are five cities, home to some of the world's leading business schools, which offer a dream setting for your master’s degree.
Main attractions: The Louvre, The Eiffel Tower, La Defense business district, Stade de France
The city of love, a global center for arts, fashion, and business, and one of the best cities in the world to study a master’s.
The quality of the programs on offer in Paris speak for themselves. HEC Paris, nestled in a south-western suburb of the city, hosts the world’s best Master in Finance program and the second best Master’s in Management, according to the Financial Times (FT). ESSEC Business School and ESCP Business School, both with main campuses in Paris, regularly rank highly for their master’s offerings.
Paris’ situation at the physical, cultural, and economic heart of Europe undoubtedly situates it well for master’s candidates with high ambitions during and after their studies. During your master’s, you can take advantage of the rich cultural history and diversity which Paris boasts, from world famous art galleries to bustling street markets to centuries-old churches.
Career opportunities are abundant, too. Paris is a European center of finance, home to companies like BNP Paribas and Societe Generale. But with huge development in manufacturing, energy, IT, and luxury retail, there really is something for everyone in Paris.
Living in Paris doesn’t come cheap, but salaries are rewarding. Graduates from HEC Paris can expect to earn on average $107k after their MiM, and $149k after a MiF within three years of graduating, so you’ll be well-positioned to live comfortably.
2. London
Credit: LBS Facebook
Average monthly rent: $2251
Average graduate salary range: $72k - $111k
Main attractions: The West End theater district, the National Gallery, the British Museum, Canary Wharf
When you tire of London, you tire of life, the old saying goes. London deserves its reputation for business, culture, and quality of life, making it a perfect destination for a master’s.
Thousands of graduates are drawn to London for their post-graduate degrees for several reasons. Primarily, London is one of the most dynamic cities in the world, with theaters, galleries, green space, and nightlife in all four corners of the city. Cost of living may be high, but healthcare is free, while travel and amenities are often cheaper than many other cities.
If you choose London, you can take your pick of a number of top business schools. London Business School, one of the world’s best b-schools, offers masters in management, finance, analytics, and financial analysis. Imperial College and City University Business School both have renowned MiM programs, while Warwick Business School has recently opened a campus in the Shard.
With companies across a number of industries—from finance to technology to a thriving startup ecosystem—candidates are likely to want to stay on in London to work.
The UK tightened its visa requirements in 2020, introducing a points-based system. But master’s graduates need not worry: they can stay on to work for up to two years after they graduate, while their degree will contribute greatly towards their qualification for longer term residence.
Main attractions: Lujiazui Skyline, Shanghai Stock Exchange, the City God Temple, Chinese Grand Prix
While top master’s programs have tended to be concentrated in European cities, Asian schools are earning more of a reputation now for their post-graduate degrees. Chief among these destinations is Shanghai.
While it’s not the Chinese capital, Shanghai is China’s biggest city, and the second largest metropolitan area in the world. This is fed by the city’s powerful economy, dubbed the ‘showpiece’ of Chinese recent economic boom.
The city’s strong financial connection, as the home of China’s largest stock exchange, has made it a popular location for master in finance degrees. Shanghai Jiao Tong University (SJTU) hosts the highest ranked Asian MiF, as well as a popular MiM program. Tongji University School of Economics and Management also offers a high-ranking MiM program.
Salaries in China are often the big draw. MiF graduates from SJTU can expect to earn around $139k within three years of graduating, making them some of the best compensated master’s students out there. This, combined with Shanghai’s much lower cost of living compared to European cities, means that you’ll get far more bang for your buck.
Main attractions: Samuel Beckett Bridge, Temple Bar, Croke Park
As the UK finalized its departure from the European Union in January 2020, Dublin suddenly became the largest English-speaking city in the EU, making it quite the proposition for international students looking to resettle in Europe.
Master’s graduates would be wise to consider Dublin, which has a great deal to offer by way of business, quality of life, and educational institutions.
In recent years, Dublin’s tech ecosystem has grown significantly, drawing in companies like Amazon, Google, Microsoft, and Twitter, now dubbed ‘Silicon Docks’ by many. There are estimated to be 7000 tech professionals working in the city.
Dublin houses two of Europe’s oldest and most prestigious universities, in University College Dublin and Trinity College Dublin: both have stellar business schools with high ranking master’s programs. Candidates can also opt for Dublin City University (DCU) Business School, which entered the FT’s MiM rankings in 2020.
5. Madrid
Credit: IE Business School Facebook
Average monthly rent: $1143k
Average graduate salary range: $55k - $93k
Main attractions: Prado Museum, Reina Sofia Museum, Royal Palace of Madrid, Estadio Santiago Bernabeu
“Hala Madrid” [“Come on Madrid”] are the words chanted by thousands of Real Madrid soccer fans every week. And given the popularity of the Spanish capital among business school students, it’s a fitting motif.
While it may not have the beaches of Barcelona, Madrid has an established business infrastructure that makes it an exciting choice for students looking to deepen their business understanding with a master’s.
In IE Business School, Madrid houses Spain’s highest ranking master in finance program, and a top ranked master’s in management, according to the FT. You’ll also find Universidad Carlos III, as well as one of ESCP Business School’s campuses.
MiF graduates from IE can earn on average $93k within three years of graduating. Cost of living in Madrid is notably lower than many other Spanish and European cities. That’s not a reflection on what the city has to offer, however. With some of the world’s most celebrated art galleries and Spain’s royal palaces, Madrid is truly fit for a king.
*Average monthly rent of a one-bedroom apartment in a central location
At the University of London, I have experienced dynamic and diverse academic environment where I was challenged by rigorous coursework. You will have the flexibility to choose from the wide range of courses, participate in numerous extra-curricular activities and take advantage of the many opportunities
Student
Verified
31/10/2023
On Campus
Best Journalism school in Europe
When I first stepped onto the campus of City, University of London, I knew I was in for a ride - and not just on the Tube! With its vibrant energy and an impressive repertoire of programs, City U became my home away from home.
The Journalism program was kind of a big deal. Rumour was that we were the best in Europe!
The lecturers were not just experts in their field; they’re practically journalistic royalty. They were invested, passionate, and had a knack for turning the most flat press release into a riveting news story. With their guidance, I’ve learned to navigate the chaotic world of media like a pro.
The campus was a melting pot of every culture, being that we had such a diverse international crowd.
Being in the heart of London, I had the world at my fingertips - there was always a new corner to explore, a hidden gem of a cafe to discover, or a street performer!
City, University of London wasn't just a university; it was a chapter in my life story that I’ll never forget.
Lydia
Verified
23/02/2023
On Campus
Learning environment
The teacher-learner ration is manageable, giving each learner a chance to gain personal attention. It is also easier following up on the progress of a student, as the numbers per class is not large. the conducive environment for learning includes clean classes, standard desks, world class instructional facilities and the opportunity to engage lecturers even after their sessions. The team spirit at City is above board, with learners getting chance to learn both from instructors and colleagues. This is the university of choice; the place to be.
Nathaniel
Verified
24/01/2023
On Campus
Classes
I liked that each class had a manageable number of learners, making the professor-learner ratio favor knowledge acquisition. I also liked that study schedules were manageable, and not overwhelming. The focus on talents and gifts even within the learning environment makes it possible for learners to achieve the best of their potential, and this has worked to the advantage of those that have schooled at City, University of London
Muhammad
Verified
24/01/2023
On Campus
Classes
The diversity at City University facilitates interactions and is a direction toward the unity of the world. The classes are well built to match the number and needs of all students regardless of the elements of diversity that set people apart. The use of technology in delivery makes learning even more interesting and achievable. At City University there is no distinction pegged on the issues that make people unique.
Dorah
Verified
23/01/2023
On Campus
professors
The team of lecturers at the Uiversity are well experienced. Their level of insight and the methodologies of delivery works for the interes of the leaeners. My learning experience was largely boosted by the level of knowledge of the professors at the institution, and their passion to transfer the same to learners. I appreciate every class I attended because of the level of insight I was able to gather
Nora
Verified
17/12/2022
On Campus
The best university I’ve been to
The campus and the people I've met have made it a wonderful experience. I was reared in a small town with a graduating class of only 88 individuals, so moving to City University was a huge adjustment for me. My dorm has more residents than my whole high school combined! I enjoy the atmosphere here, and everyone is so friendly. Outstanding academic options and a stunning campus. Really great from beginning to end. The educators genuinely love what they do, and the students are ready to learn. On or around college, there is always something to do with friends, and the social scene is particularly warm.
Antonia
Verified
21/11/2022
On Campus
Bayes Business School
As a student at City university attending Bayes Business School I would totally recommend choosing this university as the experience is exceptional with great social networking opportunities . Professors are significantly helpful, delivering with excellence and professionalism. Everyone is happy to help and make you feel welcomed in such an esteem university as City, offering exceptional development and guidance through out the course.
Muhammad
Verified
15/11/2022
On Campus
Economics and Politics
Incredibly amazing university, the way they polish students and help them boost their morale and think intellectually is worthwhile. Many universities have international partnerships to allow exchanges between their students. The most obvious subjects for these opportunities would be those that involve languages, and the study of people and places.
Navya
Verified
11/11/2022
On Campus
Clinical biology
I really like it it’s perfect for me with not too many people and not too few either. All the modules are amazing. I love the toy bar. I love all the societies that I’ma part of. Especially the colour Bollywood society
Chen
Verified
5/10/2024
Blended
Unlocking My Potential at City University London
My time at City University London was truly transformative. The university's vibrant community and diverse extracurricular activities allowed me to forge lifelong friendships and professional connections that extend beyond the classroom. I was impressed by the university's commitment to academic rigor, character development, and personal growth, which created an ideal environment for me to reach my full potential. The research-driven and industry-relevant curriculum provided me with a solid foundation in international business, while the dedicated faculty and staff offered invaluable guidance and support. I feel grateful for the well-rounded education and holistic experience that City University London offered, preparing me for success in my career and beyond.
Elora
Verified
28/08/2024
On Campus
Rather interesting
The academics are tough, but in a good way. The professors are experts in their fields, so you know you’re learning from the best. They push you to think for yourself and really dive deep into the subjects. But it’s not all about hitting the books; London itself is like an extension of the campus. You’ve got museums, galleries, and just the general buzz of the city to keep you inspired.
Barbara
Verified
28/08/2024
On Campus
Urban campus life
At the University of London, I have experienced dynamic and diverse academic environment where I was challenged by rigorous coursework. You will have the flexibility to choose from the wide range of courses, participate in numerous extra-curricular activities and take advantage of the many opportunities
Student
Verified
31/10/2023
On Campus
Best Journalism school in Europe
When I first stepped onto the campus of City, University of London, I knew I was in for a ride - and not just on the Tube! With its vibrant energy and an impressive repertoire of programs, City U became my home away from home.
The Journalism program was kind of a big deal. Rumour was that we were the best in Europe!
The lecturers were not just experts in their field; they’re practically journalistic royalty. They were invested, passionate, and had a knack for turning the most flat press release into a riveting news story. With their guidance, I’ve learned to navigate the chaotic world of media like a pro.
The campus was a melting pot of every culture, being that we had such a diverse international crowd.
Being in the heart of London, I had the world at my fingertips - there was always a new corner to explore, a hidden gem of a cafe to discover, or a street performer!
City, University of London wasn't just a university; it was a chapter in my life story that I’ll never forget.
Lydia
Verified
23/02/2023
On Campus
Learning environment
The teacher-learner ration is manageable, giving each learner a chance to gain personal attention. It is also easier following up on the progress of a student, as the numbers per class is not large. the conducive environment for learning includes clean classes, standard desks, world class instructional facilities and the opportunity to engage lecturers even after their sessions. The team spirit at City is above board, with learners getting chance to learn both from instructors and colleagues. This is the university of choice; the place to be.
Nathaniel
Verified
24/01/2023
On Campus
Classes
I liked that each class had a manageable number of learners, making the professor-learner ratio favor knowledge acquisition. I also liked that study schedules were manageable, and not overwhelming. The focus on talents and gifts even within the learning environment makes it possible for learners to achieve the best of their potential, and this has worked to the advantage of those that have schooled at City, University of London
Muhammad
Verified
24/01/2023
On Campus
Classes
The diversity at City University facilitates interactions and is a direction toward the unity of the world. The classes are well built to match the number and needs of all students regardless of the elements of diversity that set people apart. The use of technology in delivery makes learning even more interesting and achievable. At City University there is no distinction pegged on the issues that make people unique.
Dorah
Verified
23/01/2023
On Campus
professors
The team of lecturers at the Uiversity are well experienced. Their level of insight and the methodologies of delivery works for the interes of the leaeners. My learning experience was largely boosted by the level of knowledge of the professors at the institution, and their passion to transfer the same to learners. I appreciate every class I attended because of the level of insight I was able to gather
Nora
Verified
17/12/2022
On Campus
The best university I’ve been to
The campus and the people I've met have made it a wonderful experience. I was reared in a small town with a graduating class of only 88 individuals, so moving to City University was a huge adjustment for me. My dorm has more residents than my whole high school combined! I enjoy the atmosphere here, and everyone is so friendly. Outstanding academic options and a stunning campus. Really great from beginning to end. The educators genuinely love what they do, and the students are ready to learn. On or around college, there is always something to do with friends, and the social scene is particularly warm.
Antonia
Verified
21/11/2022
On Campus
Bayes Business School
As a student at City university attending Bayes Business School I would totally recommend choosing this university as the experience is exceptional with great social networking opportunities . Professors are significantly helpful, delivering with excellence and professionalism. Everyone is happy to help and make you feel welcomed in such an esteem university as City, offering exceptional development and guidance through out the course.
Muhammad
Verified
15/11/2022
On Campus
Economics and Politics
Incredibly amazing university, the way they polish students and help them boost their morale and think intellectually is worthwhile. Many universities have international partnerships to allow exchanges between their students. The most obvious subjects for these opportunities would be those that involve languages, and the study of people and places.
Navya
Verified
11/11/2022
On Campus
Clinical biology
I really like it it’s perfect for me with not too many people and not too few either. All the modules are amazing. I love the toy bar. I love all the societies that I’ma part of. Especially the colour Bollywood society
Chen
Verified
5/10/2024
Blended
Unlocking My Potential at City University London
My time at City University London was truly transformative. The university's vibrant community and diverse extracurricular activities allowed me to forge lifelong friendships and professional connections that extend beyond the classroom. I was impressed by the university's commitment to academic rigor, character development, and personal growth, which created an ideal environment for me to reach my full potential. The research-driven and industry-relevant curriculum provided me with a solid foundation in international business, while the dedicated faculty and staff offered invaluable guidance and support. I feel grateful for the well-rounded education and holistic experience that City University London offered, preparing me for success in my career and beyond.
Elora
Verified
28/08/2024
On Campus
Rather interesting
The academics are tough, but in a good way. The professors are experts in their fields, so you know you’re learning from the best. They push you to think for yourself and really dive deep into the subjects. But it’s not all about hitting the books; London itself is like an extension of the campus. You’ve got museums, galleries, and just the general buzz of the city to keep you inspired.
Barbara
Verified
28/08/2024
On Campus
Urban campus life
At the University of London, I have experienced dynamic and diverse academic environment where I was challenged by rigorous coursework. You will have the flexibility to choose from the wide range of courses, participate in numerous extra-curricular activities and take advantage of the many opportunities
