Until the end of the First World War, there were practically no transnational companies (companies from one country that operate in another), with the exception of some North American corporations. After the Second World War, around 1950, many companies expanded their areas of operation, installing themselves in different countries of the globe.
With the dispersion of large companies around the world, Latin America has been the target of many corporate corporations and has been significantly influenced by these companies economically. The transnational companies that have installed themselves in the countries of Latin America are mainly of North American, Japanese and European origin. These companies wanted to take advantage of the favorable conditions that the Latin countries offered, such as:
- Abundance of low-cost labor compared to wages paid in developed countries.
- Wealth in raw materials (water, minerals, energy, agriculture, etc).
- Potential consumer market, that is, populations that could consume the products of the companies.
- Infrastructure promoted by the government of the country where the company is located.
- Soft environmental laws.
- Tax incentives, such as partial or total tax exemption.
- Permission to send profits to their country of origin.
These and other benefits have facilitated the dispersion of TNCs across the world. Today, most of these companies dominate the automotive, food, steel, metallurgical, electro-electronic, pharmaceutical, chemical and agro-industrial segments.
In this way, we can say that these companies played an essential role in the industrialization of Latin countries. However, the predominance of transnational companies was negative because it prevented the emergence of national companies.
Welcome to the top MBA directory in Latin America. We have created the list of best African business colleges that provide BBA, MBA or DBA programs. Most business schools offer full-time, part-time and executive education. Such rankings are based on the student surveys, alumni reviews, admissions profiles, employment rates, average starting salary and peer school assessment. To find out detailed information about admissions and career about each school in Latin America, just follow the link below.
Ranking | School Name | Program Length | Class | Country |
1 | EGADE Business School | 12 months | Spanish | Mexico |
2 | INCAE Business School | 15 months | Spanish | Costa Rica |
3 | ESAN | 14 months | Spanish | Peru |
4 | Instituto Panamericano de Alta Dirección de Empresa (IPADE) | 22 months | Spanish | Mexico |
5 | Universidad de Palermo | 18 months | Spanish | Argentina |
6 | Universidad de Chile | 12 months | Spanish | Chile |
7 | IAE Business School | 10.5 months | Spanish | Argentina |
8 | CENTRUM Catolica Business School | 13 months | Spanish | Peru |
9 | Universidad EAFIT | 18 months | English | Colombia |
10 | FIA Business School | 18 months | English | Brazil |
There are 12 countries in South America. Follow South America records to see all countries in South America. Among these countries and regions, Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, and Peru host the Latin American leading 10 famous business MBA programs.
# | City/Country | Population |
1 | Sao Paulo, Brazil | 22,043,139 |
2 | Buenos Aires, Argentina | 15,153,840 |
3 | Rio De Janeiro, Brazil | 13,458,186 |
4 | Bogota, Colombia | 10,978,471 |
5 | Lima, Peru | 10,719,299 |
6 | Santiago, Chile | 6,767,334 |
7 | Belo Horizonte, Brazil | 6,084,541 |
8 | Brasilia, Brazil | 4,645,954 |
9 | Porto Alegre, Brazil | 4,137,528 |
10 | Recife, Brazil | 4,127,202 |