There are lots of great cities that have started making a big impact in global business. Here are four to look out for while studying business courses.
There’s no such thing as a perfect place for business, but there are some vital metrics which should be assessed to find the best fit. Transport links and exciting culture help to attract the best workers, while access to high speed internet and technology is indispensable in the modern business environment. Governments also help to foster the creation of entrepreneurial hubs through taxation measures, and subsequent expenditure on public infrastructure.
San Francisco, New York and London are some of the leading business cities, but there are many others which have experienced great recent success. The best business graduates are adept at discovering and taking advantage of opportunities, and that includes spotting the best environment to find work or establish a company. Here’s a closer look at four growing business hubs that are impressing experts.
Scandinavia is renowned as a great place to live, with well-funded public services and pleasant working conditions. It’s also a great place to set up a business, with Sweden’s capital, Stockholm, among the cities impressing MBA university students.
The country’s relatively low corporation tax rate of 22 percent, along with a competitive business environment, has allowed startup companies to thrive. It’s also the home of globally recognized businesses, including music streaming service Spotify. Despite the high cost of living, this is a beautiful and exciting place to work.
In many ways, the city of Austin, Texas, doesn’t reflect what most would consider the stereotypical traits of this southern US state. Brimming with culture and character, it’s an exciting place for young people to live, and offers a wonderful working environment for the thousands of students graduating from the state’s famous universities every year.
It has also become a successful environment for small companies, and there is an excellent sense of goodwill in the local business community. A study by American City Business Journals found that the number of small businesses in the city grew by seven percent between 2010 and 2013, the largest increase in the country.
Singapore is becoming one of the most important cities in global business, with many top multinational companies locating some of their business operations in the Asian city-state. The local government has been credited with creating a suitable environment for businesses, and Singapore is also one of the most connected cities in the world. A Deloitte report from 2014 found that nine out of ten people there have access to a smartphone, the highest national mobile penetration rate in the world. This is a great place to become established in multinational business.
Prague, the capital of Czech Republic, is a beautiful city to visit, and it’s also a place you should learn more about during business courses. Its well-educated workforce has seen it become a world leader in cyber security, but it’s also an interesting prospect for startup companies in many industries. Despite not being the city’s first language, English is still commonly spoken in the business community, while powerful Czech broadband speeds make it an excellent international business base as well.
Visit and work in the world’s most beautiful cities as a business graduate.
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