But how do you figure out which one is right for you? To help you decide, we’ve compared the two locations in terms of cost, program length, return on investment (MBA ROI), teaching styles, and much more.
After reading it, you’ll have a much clearer picture of what an MBA is like in Europe and the US.
MBA in Europe or MBA in the US: Key differences explained
MBA programs in US vs Europe: MBA cost
MBAs in the US are generally more expensive than their European equivalents. The BusinessBecause Cost of MBA Report 2024 found that:
The average total cost of a top MBA in the US is $243,267
The average total cost of a top MBA in Europe is $140,130
However, it’s worth remembering that our report only covers the top 20 MBAs in the world (according to the Financial Times Global MBA Ranking). You’re still likely to find plenty of programs on both sides of the Atlantic with a lower price tag.
MBA length
One of the reasons why US programs tend to be more expensive is because of the average program length. While European MBAs are normally 12-months long, in the United States the typical program length is 24-months.
There are pros and cons to both options. While 24-month programs are more expensive, these longer degrees give students the chance to try out more electives and also complete a summer internship in between the two years. On the other hand, a 12-month program means you spend less time out of the workforce, which might enhance your MBA ROI.
Remember that this is only intended as a guide, and you’ll still find 24-month programs in Europe and vice versa.
Average MBA salary in the US and Europe
On the whole, MBA graduates in the USA tend to attract higher average salaries than their European counterparts.
According to the latest GMAC Corporate Recruiters Survey, the average graduate salary in the US is $120,000, while U.S. News puts the figure at $128,997. When we looked at average MBA salaries in the USA earlier this year, we found that they could reach as high as $250,000 at schools such as Stanford School of Management.
By contrast, the same GMAC report found that average MBA salaries in western Europe are $54,348. Of course, that number is likely to vary greatly depending on the school, country, and industry you work in. For instance, when we looked at MBA salaries in Europe we found that graduates of SDA Bocconi in Italy attracted an average salary of more than $200,000.
Return on investment (MBA ROI)
When deciding whether to study an MBA in the US or Europe, arguably the most important factor will be your ROI. In this case, your ROI is essentially the time it will take to repay the cost of your program.
According to the QS Global MBA Rankings 2025, European programs offer a much stronger ROI than the US. European schools took up nine of the top 10 spots in the ROI ranking, with Georgia Tech (Scheller) the only US program to crack the top 10.
The QS ranking calculates the 10-year ROI of each program, with schools achieving a better score the less time it takes for students to repay their investment.
MBA programs in the US vs MBA in Europe
MBA class profile
So how do the typical class profiles of each region compare? Well, the general trend is that European cohorts tend to be a little older and a little more diverse than their American counterparts.
In the QS Global MBA Ranking, European schools took up seven of the top 10 slots in the diversity ranking. The top-ranked American school in terms of diversity—UC Irvine (Merage)—came in at number 41.
The caveat here is that given the close proximity of so many European nations, that extra diversity is almost a given. American programs still attract candidates from all over the world—just perhaps in lesser numbers than Europe.
MBA curriculum and teaching method
Given the more international nature of European programs, the MBA content in Europe also tends to have a more international focus. Students will learn about the business culture in different countries, preparing students for a potential career anywhere on the continent.
On the other hand, US MBA programs normally have a stronger focus on the domestic market. There will still be international case studies and foreign exchange trips, but generally speaking, an MBA in the USA prepares students for a career in the USA.
You may also find that the case method is more popular among US schools, whereas European schools place more focus on class discussions and simulations. That’s partly because of the slightly older age profile in European programs, where students have the extra experience to be able to contribute to class discussions.
H1-B visa in the US and visas in Europe
For MBA graduates in the US, you’ll need to apply for a H-1B visa to stay in the country after graduation. The H-1B visa allows holders to live and work in the United States for three years, after which they can extend their stay for another three years. There is a cap of 65,000 issued every year, with a further 20,000 on offer to those with a master’s degree or higher.
Most European countries have similar systems. The UK Graduate Route visa gives international students two years to stay in the UK and look for a job after graduation. In Germany, non-EU citizens can apply for an 18-month residency permit after graduation. Similarly, France offers a temporary residence permit of 12 -to- 24 months for MBA graduates while they search for a job.
Deciding on MBA programs in the US or MBA in Europe
There’s no right or wrong answer when deciding whether to study an MBA in Europe or the US. Which one you choose will depend on what you want from the program: A higher salary? More affordable tuition? A shorter program length?
Check out our Cost of MBA Report to get a better idea of the costs involved, and our MBA Application Guide to learn more about the business school application process.
