Why study economics and management in Portugal
Choosing a course to study and choosing a country to study in are at the same time two separate questions, and also completely intertwined. “Should I study this particular course?” will the be the first question to address. Then “Should I study in this country?” will the second. But then you need to think “Should I study this particular course in this particular country?” It might be that even though the answers to the first two questions are a resounding, “yes!”, the answer to the final question could be, “probably not!”. When it comes to studying economics and management in Portugal, we think we’ve got all the bases covered. Follow our thinking and see where you come out.
Why study economics and management
Assuming you have an interest in business, economics, government policy, finance, leadership and/or politics, economics and management is a good option. In short, degrees like this will help you understand how organisations behave in internal and external contexts. But aside from intellectual gains, what are the benefits of studying a course like this?
For many, a key reason will be future employability. People with degrees in economics and management are very highly valued by employers. From start-ups to traditional multi-nationals, across a range of fields like tech, agriculture and pharmaceuticals, people need graduates with these kinds of skills. It’s little wonder that in the UK for example 65% of economics and management graduates are in full-time work after 6 months, with an additional 20% deciding to carry on into further study. Studying is after all just the first step into adulthood, so it’s great to know you’ll have some security when you finished.
You’ll also gain lifelong skills in areas like numeracy, problem solving, computing, time management and analytical skills. Not to mention leadership, teamwork, understanding relationships and presenting ideas. Obviously, this relates back into employability, but the ramifications are much larger than that. In the 21st century, more and more people won’t have fixed jobs but rather be working for themselves. These skills will give you the leg up to be successful on your own terms. Beyond that, it means that you will have grown as a person holistically beyond your degree, which is invaluable.
Finally, they are very fun and popular courses. Economics and management studies individually consistently rank as the most popular courses available to students. It might not seem important at first, but believe us when we say that if you’re going to be reading about something for 6 hours a day for 3 years, you’ll want it to engage you!
Why study in Portugal?
At Education Network, we’re very much the specialists in understanding the benefits of studying in Portugal. So it shouldn’t shock you out of your seat to find out we already have a blog on this! Check it out to discover more. The key things to remember though are that it has prestigious schools, an incredibly low cost of living, highly competitive school costs, a lovely culture and climate and the opportunity to learn a popular language.
Two of the most compelling reasons though again circle back to future employability. Having a recognised degree from a European country and university will always put you to the front of the queue against people from less well-known institutions and countries. The Portuguese government also makes it incredibly easy to formalize your working status, which means that unlike in other countries you’ll have the ability to “earn as you learn” and get on a pathway to staying in Europe after you graduate.
So is it worth studying economics and management in Portugal?
The short answer here is YES! But we’re clearly biased, so let us walk you through our thinking. Studying economics and management is a good idea. Studying abroad in Portugal is a good idea. But are there good enough institutions to make studying economics and management in Portugal a good idea?
NOVA SBE leads the way with the triple crown of accreditation from EQUIS, AMBA and AACSB. For the last few years, they have consistently finished as the one of the top 5 schools in Europe finishing third in 2018. On top of this, they always score highly in most other international rankings as a school, as an under-grad program and as a masters program, in both economics and management. What this means for you is that you get access to a first-class education, at an excellent cost in a wonderful country. By choosing an institution with world-class teachers and research facilities, you can guarantee that you get the most from studying economics and management, while also getting the most from studying in Portugal.
Beyond NOVA SBE, it’s worth remembering that Portugal has 9 schools in the Times Higher Education world rankings. The University of Lisbon also offers an excellent opportunity to study these subjects at any level, as does the University of Beira Interior. If you think you might benefit from being part of the largest campus in Portugal then Lisbon is a good place to research your options. On the other hand, if you prefer a more sedate experience, then the University of Beira Interior is secretly tucked away in the mountains of Portugal.
So what should I do?
The first thing to ask yourself is “Do I have a passion for economics or management?”. If you do then decide if you think studying in Portugal is a good idea. If the answer to both of these is yes, then the next step is simple. Portugal has some of the world-leaders in this subject area which means there is no excuse to not look into it further.