Updated on May, 23 2024 06:55 IST
MBA in Europe
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Europe is considered one of the best destinations to pursue an MBA degree. There are several MBA programs and countries that have been chosen by most international students. Europe witnesses 61% of international students currently pursuing an MBA degree from different universities. With over 50 countries in Europe, the continent consists of some othe oldest and best universities in the world. It has successfully flocked in several students from around the globe. You can pursue your MBA degree and career in any country you like. It will be recognized globally. If you wish to know more about MBA In Europe, here is a guide.
| Language of Instruction/ Medium of teaching | English and European language |
| Duration of MBA | It depends upon the university and country |
| Intakes | It varies from country to country |
| Fee Range | It varies from country to country. It can start from €11,000 and go up to €40,000 |
| Work Experience | A minimum work experience of 1- 2 years is mandatory |
| GMAT/ GRE | Compulsory. However, some universities offer admission without the test |
| English language proficiency test | IELTS or TOEFL is mandatory for admissions |
| European language certification | Learning European language isn’t compulsory; however, it is recommended |
| Work after Study | There are several job opportunities in Europe after MBA in several countries. |
There are several business schools in Europe that rank among the best in the world.
INSEAD
London Business School
HEC Paris
IESE Business School
IE Business School
Judge Business School
SAID Business School
ESADE Ramon Llull University
Imperial College Business School
SDA Bocconi School of Management
Europe has given students immense opportunities and career growth when it comes to offering a comprehensive MBA courses in top-tier universities. Some of the advantages of studying in Europe are –
MBA in Europe is considered one of the best in the world. It is renowned and recognized by the top councils and bodies globally.
Students are exposed to people and students from varied backgrounds. This allows them to grow as people and students.
European universities are well known for offering theoretical and in-depth practical knowledge of the subject.
European universities offer courses that are of high quality and standards.
Most universities in Europe conduct lessons in the English language, making it easy for students to grasp knowledge.
The MBA course fee structure is relatively affordable as compared to other countries and universities.
Tuition fees are way cheaper than in most North American
After graduating from Europe, students are exposed to salaries that have the strongest currencies in the world.
Europe is home to a myriad of cultures and languages, making it a multicultural state.
Among the major highlights of studying MBA in Europe are –
There are several countries famous for providing a comprehensive MBA program in Europe.
There are several scholarship programs for students who wish to obtain an international degree but do not have the financial support.
Most universities in Europe offer an affordable fee structure for MBA.
Students have to qualify for the IELTS and TOEFL exams.
The time period for an MBA course ranges from 12-24 months (full-time).
Business schools in Europe offer a wide array of specialization choices to choose from, according to the preference and needs of students. The specialization programs provided by Europe are –
MBA in Marketing
MBA with Finance
MBA in entrepreneurship
MBA specialization in Digital Business
MBA in Blockchain Management
MBA specialization in Human Resources
MBA in International Business
You can successfully study MBA in Europe fulfilling the following eligibility criteria:
A bachelor’s degree of 3 years or 4 years.
Candidates must be at least 21 years old at the time of applying.
The candidates are required to have a basic understanding or knowledge of the European language.
Indian students are required to secure at least 60% in academics.
There are a few universities in Europe that conduct their entrance test for admissions.
A few countries require the clearance of GMAT and English proficiency exams.
At the time of admission, students are required to submit the following documents –
A recognized and approved university degree
Transcript of student’s grades
Language proficiency certificate
Work experience of a minimum of 2-3 years is mandatory
Reference letters
Motivation letter
Depending on the country, there are different intake dates for different universities.
Similar to the intakes, different universities in different countries offer MBA courses that last for a few months. Some include:
| UNIVERSITY NAME | DURATION |
|---|---|
| INSEAD Business School, France | 10 months full-time MBA 14 months Global Executive MBA |
| London School of Business, UK | 15-21 months full-time MBA program |
| SAID Business School, UK | One year full-time MBA program |
| Imperial College Business School, UK | 1 year full-time MBA 2-year Executive MBA 2-year Global Online MBA |
| Judge Business School, Cambridge | 1-year full-time MBA 20-months Executive MBA |
| Esade Business School, Spain | 18-months full-time MBA |
If students wish to secure a successful admission at the MBA universities in Europe, they are to follow the steps given below:
Search for the right college and the relevant course
Visit the website and fill in the application form online
If the university you choose has selected you, you are ready to apply for the visa.
Students must have good verbal and written skills before applying for an MBA in Europe. Therefore, students must provide a certificate for their proficiency with IELTS or TOEFL tests. Similarly, if students are applying for a bilingual program, there is a set of requirements for other languages.
GMAT is mainly the main exam that is required to secure admission at any business school in Europe. Most countries like Germany, France, Ireland, and the UK require GMAT for admission. However, even if you have failed to clear the GMAT exam, you can secure admission to some universities. These are:
Kiel University, Germany
ISG Business School, France
Institut d’Economie Scientifique et de Gestion, France
University of Bremen, Germany
University of Sheffield Management School, UK
University of Exeter Business School, UK
University of Ulm, Germany
Geneva Business School, Switzerland
The total fees in any European university will be approximately three lacs at the start. Europe is considered as one of the countries offering exceptionally low-priced and affordable MBA programs in different countries.
There are a few business schools in Europe that are ranked among the best. Some of them and their tuition fees are as follows:
| UNIVERSITY NAME | FEES STRUCTURE in USD |
|---|---|
| INSEAD | $98,009 |
| London Business School | $104,493 |
| HEC Paris | $66,690 |
| IESE Business School | $97,580 |
| IE Business School | $81,387 |
| Judge Business School | $70,087 |
| SAID Business School | $72,890 |
| ESADE Ramon Llull University | $78,522 |
| Imperial College Business School | $66,264 |
| SDA Bocconi School of Management | $65,339 |
Students who wish to pursue their business degrees must have a European student permit or European visa to carry on with their course. A student visa is mandatory for the entire period of stay in Europe.
Visa application form
Valid passport
2 photocopies of passport
Birth certificate
Marriage certificate
3 passport size photographs
Many students wish to achieve an MBA degree from renowned international universities; however, they are backed down by financial restrictions. Several business schools offer scholarship programs based on merit. Several external organizations like banks or financial institutions may also have scholarships to offer to their people. Few countries that offer scholarships are –
France
Germany
Poland
Italy
Georgia
One prime reason why MBA in Europe is so famous is that it offers students the opportunity to work while studying. There are a variety of jobs for students to take up during the course, for example, working in a restaurant, hospitality services, and more. The average part-time jobs pay on an hourly basis making it convenient for students. Part-time jobs help students to support themselves financially in an international country.
Students planning to choose Europe as their MBA destination can learn the European language of the particular country. Those who learn the official language will find it easier to communicate with the locals and the people. A maximum university teaches the course in the English language; therefore, learning the language is crucial.
Several universities in Europe offer a full-time courses to students who wish to gain in-depth knowledge about the subject.
| UNIVERSITY NAME | DURATION |
|---|---|
| INSEAD, France | MBA- 10 months Executive MBA- 14 months |
| HEC Paris, France | MBA- 16 months Executive MBA- 16 months Global Executive MBA- 18 months |
| IE Business School, Spain | International MBA- 11 months Tech MBA- 12 months |
| Rotterdam School of Management, Netherlands | 12 months |
If students wish to work full time and take up an MBA course part-time, they are free to do so. Several universities in Europe provide students with this facility.
| UNIVERSITY NAME | DURATION |
|---|---|
| INSA Business, Marketing, and Communication School, Spain | 1 year |
| Hult International Business School, London | 2 years |
| The University of Europe for Applied Sciences, Germany | 2-3 semesters |
| ESMT Berlin, Germany | 24 months |
| MIP Politecnico di Milano School of Management, Italy | 20 months |
Even though students don't need to learn a European language to study in Europe, it is highly recommended. It makes communication with locals and people easier.
Europe is regarded as one of the best destinations to study MBA because it offers exceptionally good career opportunities after the degree. If students wish, they can apply for further master’s courses or specialization courses. Some of the job options after an MBA are –
Financial Advisor
Sales Manager
IT Manager
Product Manager
Logistics Manager
Technical Product Manager
Human Resource Manager
Management Analyst
Supply Chain Manager
Indian students have been choosing Europe as their ideal destination for MBA for several years. European universities provide different teaching methods for Indian and international students. These are –
Regular classroom programs
Distance education programs
Fast-track programs
Online learning programs
Every year, European countries witness several Indian students taking admissions here.
The cost of living and living standards in Europe totally depends on the country the student chooses for the MBA course. In most cases or on average, living costs in Western European countries are around USD 5,400-9,000 per year.
Anigdha can guide you through the Europe MBA admissions process if you are wondering how to do so. The following are the steps how we can help you:
Consultation: Our team reviews your profile and suggests the best university and country for you. You can also rely on us for admissions assistance.
Shortlisting: We guide you to the right plan after considering factors such as your future plans, career goals, living standards, etc.
Documentation: We guide and assist you with the application documentation process, providing information and identifying the documents you need to submit.
Application: In your name, we will apply for MBA programs at some of the top European universities. We make admission facile for you.
Interviews: Once the university has shortlisted you, we will provide you with mock rounds to qualify for the interview round.
Financial Guidance: If you need assistance understanding the university’s fee structure or payment methods, we will be happy to assist.
Visa: We take care of all your requirements, from visa applications to departures and accommodations.
There are a few European business schools that offer low-cost or affordable MBA courses. Some of them include –
Central European University, Vienna
MIB Trieste School of Management, Italy
Universidad Carlos III de Madrid, Madrid
Athens University of Economics and Business, Athens, Greece
Graduate School of Business, Istanbul, Turkey
Poznan University of Economics, Poland
Europe is a huge continent situated in the northern hemisphere and mostly in the eastern hemisphere. It expands across an area of 10,180,000 square kilometers. From Asia it is separated by the Urals in Russia and the Bosporus in Turkey. Water surrounds Europe on three sides. There is the Atlantic Ocean to the west. The Arctic Ocean borders it on the north. Southeast Europe is separated from Africa by the Mediterranean Sea. Europe's eastern border is formed by the Ural River and Ural Mountains. Based on the 2017 census, Europe has a population of 510 million people. Europe is among the best-known universities for an MBA degree. The living standard and comfort in the continent surpasses many globally. It is one of the highly coveted destinations to pursue your MBA career.
| Total Area | 10,180,000 km2 |
| Total Population | 745,173,774 |
| Largest Cities | Moscow, Paris, London, Istanbul, Madrid, Saint Petersburg, Milan, Barcelona, Berlin, Rome |
| Official Languages | Russian, German, French, Italian, English, Spanish, Polish, Ukrainian, Romanian, Dutch, Serbo-Croatian, Turkish |
Is it worth studying for an MBA in Europe?
Europe is home to several impeccable countries that offer a qualitative MBA degree. MBA in Europe offers a holistic view and training for global business matters. A degree from any European country holds immense importance.
Which countries are best for MBA in Europe?
Europe is home to several globally recognized countries for an MBA programs. Some of the best countries include France, Spain, Singapore, the UK, Germany, etc.
What are the requirements for an MBA degree in Europe?
There are several requirements that are required by universities. However, the three most common and major ones are – IELTS proficiency, GMAT score, Work experience
How much does it cost to study MBA in Europe?
The cost of studying MBA in Europe ranges from 11,000 euros to 40,000 euros.
Are there scholarship programs for international students?
Yes, several universities, institutes, and the government work together to provide financial aid to international students in their respective countries.
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