MBA Colleges in Latin America

By | January 15, 2023

MBA Programs in Latin America

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.

Visit the official website of to find abbreviations starting or ending with South America.

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

Note: According to Countryaah, there are 12 countries in Latin 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.

Population in United States, North America

During the first hundred years of the United States, the population center of gravity was near the east coast. There, European immigrants settled, while the Native American population was scattered across different parts of the present United States. During the early industrialization of the 19th century, the raw materials and transport routes that existed in the Appalachians and the Great Lakes were taken advantage of and the population increased greatly. Population growth was also rapid in the South, mainly among the African American population. After the abolition of slavery, more and more African Americans moved north to the emerging industrial cities. Over the past fifty years, growth has slowed down in old industrial areas, while new industries with millions of jobs have emerged in other parts of the United States. This has led to a major relocation within the country, from the “rust belt” in the north to the “sun belt” in the south and west. There, the increase in population has also been accelerated by the large immigration of Latin Americans in recent decades, mainly from Mexico.

Usually, the United States is divided into four regions. In the western states, 23 percent of the population lives, in the south 37 percent and in the Midwest 22 percent, while the states in the northeast now have only 18 percent of residents. The most populous states are California, Texas, Florida and New York. In the prairie and mountain states there are very vast sparsely populated areas.

In 2019, 82 percent of the population lived in the 336 metropolitan areas of the United States (Metropolitan Statistical Areas, MSA). Urban growth now occurs primarily in the West, in Texas, Florida and Georgia as well as in North Carolina and South Carolina. The fastest growing are Houston and Dallas – Fort Worth in Texas and Atlanta in Georgia. The United States has no metropolitan area by far, as most other countries have. A total of about 10 percent of the country’s population lives in the two largest metropolitan areas of New York – New Jersey – Long Island (19 million residents in 2010) and Los Angeles – Long Beach – Santa Ana (12.9 million). Data on the population of individual large cities are rarely used, as older city centers have grown together with newer suburbs into cohesive urban landscapes.

Immigration and rather high birth rates during the 19th and 20th centuries caused the population to grow faster in the United States than in Western Europe, and so it still is; during the 00’s as a whole by close to 10 percent.

During the 00’s, the increase in population was greatest in the south and west, while it was significantly lower in the Midwest and in the northeastern United States. Nevada was the fastest growing state (35 percent). In the state of Michigan, the population change during the 1990’s was –0.6 percent, which was probably mainly a result of the crisis of the old industrial areas during the recession. Many rural areas have also been de-populated over the past decade.

In 2018, the US population increased by 6 per thousand. The natural increase in population is 3 per cent and the immigration surplus 3 per thousand. The birth rate was highest among Hispanic, lowest among immigrant Asians, while the death rate was highest in the African American population. (For infant mortality, see Social conditions).

As in most post-industrial countries, the United States has an aging population. The largest proportion of residents aged 65 and older have Florida (17.3 percent), where many move as pensioners, and the lowest has Alaska (7.7 percent).

In 2010, there were 40 million foreign-born in the United States, the highest number so far and almost one-eighth of the population. Of these, 12 percent came from Europe, 28 percent from Asia, 29 percent from Mexico and 24 percent from the rest of Latin America. The largest immigrant groups had come from Mexico, China, Taiwan and Hong Kong, as well as from India and the Philippines. Almost all of the ten states where the proportion of foreign-born are increasing are located in the southern and western United States.

In 2000–10, the proportion of whites declined from 75.1 percent to 72.4 percent. The proportion of African Americans increased slightly to 12.6 percent and the proportion of Asians increased significantly to 4.8 percent, while the proportion of Native Americans remained largely unchanged, 0.9 percent. More than half of African Americans live in the states of the South, where they make up a fifth of the population. In Washington DC, they make up more than half of the population. In the Idaho and Montana states, only 1% of residents are African American.

# 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

The United States Census reports individuals with Latin American backgrounds. They are called Hispanics or Latinos, and in 2010 they made up 16.3 percent of the population. Their share is gradually increasing, partly as a result of increasing immigration and partly because they have high birth rates. More than half of these live in California and Texas (mainly Mexicans) and in Florida (mostly Cubans).

US 20 most populous metropolitan regions

Residents 2016
New York – Newark – Jersey 20.3
Los Angeles – Long Beach – Anaheim 13.3
Chicago-Naperville-Elgin 9.5
Dallas-Fort Worth – Arlington 7.2
Houston – The Woodlands – Sugar Land 6.8
Washington-Arlington-Alexandria 6.1
Philadelphia-Camden-Wilmington 6.1
Miami – Fort Lauderdale – West Palm Beach 6.1
Atlanta – Sandy Springs – Roswell 5.8
Boston-Cambridge-Newton 4.8
San Francisco – Oakland – Hayward 4.7
Phoenix-Mesa-Scottsdale 4.7
Riverside – San Bernardino – Ontario 4.5
Detroit-Warren-Dearborn 4.3
Seattle-Tacoma-Bellevue 3.8
Minneapolis – Saint Paul – Bloomington 3.6
San Diego – Carlsbad 3.3
Tampa-Saint Petersburg-Clearwater 3.0
Denver-Aurora-Lakewood 2.8
Saint Louis 2.8