Why Mexico Is the Ideal Destination to Study Innovation and Entrepreneurship | Top Universities

Why Mexico Is the Ideal Destination to Study Innovation and Entrepreneurship

By Stephanie L

Updated November 13, 2019 Updated November 13, 2019

Sponsored by EGADE Business School at Tecnológico de Monterrey

Mexico is recognized around the world as an emerging economic giant with a fast-growing educational hub and rising entrepreneurship ecosystem.

To get a better understanding of what makes Mexico the go-to destination for budding business professionals and aspiring entrepreneurs around the world, we spoke to Harald Langholz, a full-time MBA student along with Carlos Dávila and Andrés Alba Escamilla, full-time MBA graduates, both from EGADE Business School at Tecnológico de Monterrey.

Its prosperous economy attracts big business and business schools alike

Doing business in Mexico is exciting, as the country is predicted to be the fifth largest economy by 2050, according to Goldman Sachs.

It’s also home to the largest Spanish-speaking city in the world – Mexico City – and with a market size as large as Western Europe, it’s little wonder global tech companies such as Google, Uber and Facebook are seeing great potential here. 

Business schools are also working hard to create and develop talented graduates who are capable of taking on the challenges and opportunities that accompany the country’s rising entrepreneurship ecosystem.

EGADE Business School is renowned as being one of Latin America’s most prestigious graduate business schools, and is no doubt worthy of taking the top spot in the QS Global MBA Rankings: Latin America 2020 for its Full-Time MBA in Innovation and Entrepreneurship.

We asked Andrés to share with us a little bit about his experience studying the MBA in Innovation and Entrepreneurship there.

“It was a life-changing experience where I had the chance to learn and understand how organizations work with a 360-degree perspective, from services, operations and governance, to strategy, marketing and fundraising.  

“I also got a deep-dive perspective of the global market as an outcome of the academic trips, which helped me open up my mind and view regarding the various ways of doing business and negotiating with people from completely different parts of the world,” he adds.

It’s worth noting that EGADE’s MBA in Innovation and Entrepreneurship placed in the top 30 for entrepreneurship and alumni outcomes and top 40 for employability in the latest QS World University Rankings: Global MBA Rankings. The school also offers competitive scholarships for international students who wish to study the Full-Time MBA in Innovation and Entrepreneurship.

An appreciation for international immersion

Image credit: EGADE Business School at Tecnológico de Monterrey

Mexico’s warm welcomes and appreciation for diversity make it an attractive study destination for the thousands of students who travel to the country to study each year.

“I decided to study at EGADE for the personalized mentorship, innovation curricula, international immersion and prestigious experienced faculty,” says Harald.

“It’s also the only Mexican business school that’s a member of the Global Network for Advanced Management,” adds Harald. 

Launched as recently as 2012, the Global Network for Advanced Management aims to bring together leading international business schools from a range of countries, cultures and economies in order to help drive innovation and create value.

“Being part of this network allows us to apply for double degree programs and international exchanges that are not available for other non-member universities,” explains Harald.

Opportunities to take part in international study trips to cities such as Shenzhen, Tel-Aviv, San Francisco (home of Silicon Valley), Monterrey and Guadalajara are also a great way to get an insight into business across borders – something which Carlos considered his favorite aspect of the MBA program. He told us: “You could get a real feeling and understanding of the innovation atmosphere in those different countries.

“It was awesome to be guided and have the experience to visit important stakeholders in great companies and see with our own eyes the incredible applications of technology and interaction with revolutionary business models.”

Its tech hub is on the rise 

Mexico is at the heart of Latin America’s tech revolution and is fully embracing all that technology has to offer.

So much so, that the city of Guadalajara has undergone a major tech transformation in recent years, reinventing itself as one of Mexico’s leading tech hubs. It also happens to be where one of EGADE Business School’s campuses is located.

Students can get a genuine snapshot of the unique caliber of entrepreneurial ecosystems and innovations that are earning Guadalajara its nickname of ‘Mexico’s Silicon Valley’.

Access to exciting opportunities that will benefit your professional and personal development

Image credit: EGADE Business School at Tecnológico de Monterrey

Mexico is where the fun happens, and we’re not just referring to its iconic party reputation. Those who choose to pursue their MBA here will reap the benefits twofold.

From innovation labs, to specialized workshops and global residencies, a common theme in Mexican business school education is recognizing the importance of linking theory with practice and understanding how this is essential for working in an innovative and entrepreneurial setting.

“It’s a hands-on MBA through which you’re prepared to either go back to the corporate world or start your own business,” says Andrés.

“It gives you all the tools you need to get back to the market and be competitive enough to face and tackle the global challenges in any kind of industry.”

EGADE Business School’s Innovation Lab enables students to examine how innovation and entrepreneurship can be a catalyst for accelerating change and offering new solutions. Students have the opportunity to work directly with genuine companies in Mexico City and even receive valuable mentorship from their top executives.

“My favorite part of the MBA in Innovation and Entrepreneurship has been the interconnection between the academic content with the real-life business mindset,” says Harald.

“We’ve had the opportunity to question different entrepreneurs and CEOs, and we are eager to know how they’ve succeeded in uncertain times and what their suggestions are to keep innovating.

“This experimental approach has enriched my vision of how we are competing globally and at the same time has also given me the motivation to keep challenging the status quo,” he adds.

Lead image credit: EGADE Business School at Tecnológico de Monterrey

This article was originally published in November 2019 .

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Written by

As the Head of Sponsored Content for TopUniversities.com and TopMBA.com (until September 2021), Stephanie created and published a wide range of articles for universities and business schools across the world. She attended the University of Portsmouth where she earned a BA in English Language and an MA in Communication and Applied Linguistics.

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