Updated on May, 23 2024 06:55 IST
MBA in Sweden
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It is the dream of many Indian students to study in Europe. Comparatively speaking, Indian universities are at par with their European counterparts. But there are some subtle differences like competitiveness, culture, and education systems that set most European universities apart from the others. Sweden is a Scandinavian country known for its outstanding education fabric, strong cultural values, outstanding faculty, excellent student-teacher ratio, and top-line infrastructure. No doubt, it is extremely popular with Indian students who flock in large numbers to live and work here. An MBA from Sweden is not cheap compared to other Balkan and East European countries. Also, there are far fewer chances of finding flexibility in choosing schools as there aren't many. But once you get through, you will be bowled by the amazing programs, outstanding grading system, and overall air of calmness. So if you are planning to continue your business studies in Europe, Sweden might be the destination you are looking for.
| Fee Range | The fee ranges between INR 15 lakh to INR 45 lakh, depending on the university. |
| Work Experience Requirement | You will need a VISA and sponsor letter to work in Sweden. Work experience is mandatory while doing an MBA. |
| GMAT/GRE | You don't need a GMAT score to study in Sweden. |
| Intake | The timeline to apply for an MBA in Sweden is between April to October |
| Work after study | You will find many jobs if you know English. |
Sweden is home to several business schools that are ranked among the best in the country. Some of them are listed below –
LUSEM - Lund University School of Economics & Management
Stockholm University - Stockholm Business School
University of Gothenburg School Of Business, Economics, And Law
Uppsala University - Department of Business Studies
Sweden has a few top-ranked universities that offer global knowledge and exposure. In recent years, universities here have been building their reputation as impeccable educational providers. Plus, you will enjoy the country and learn the skills from the best faculty.
Sweden offers a unique learning portal for business students that emphasizes sustainability, skills, and problem-solving.
Sweden follows a four-day classroom and encourages students to spend more group time discussing researching, and assignments.
Sweden is a multicultural society where people respect different religions, races, and cultures.
It is the second safest city globally, and laws are pretty strict. So, international students will have a conducive environment to study.
Sweden has a stable socio-economic environment and is extremely tech-savvy and well-informed.
The universities' fees are lesser than in the USA and UK to get quality education at affordable rates.
Sweden is hygienic and secure, and the living standard is extremely high.
It has an expansive network of trains, buses, subways, boats, and planes. So you can go anywhere anytime.
Universities in Sweden might be challenging, but they don't frighten students. It focuses on and encourages students to ask questions, get honest feedback, and emerge as business leaders in a positive learning environment.
MBA courses in Sweden are some of the finest and stand out through every course.
Sweden is a substantial opportunity for studying MBA because of its popularity as a competitive and modern nation.
The MBA syllabus is equivalent to the USA, UK, Germany, China, and other advanced countries.
You will experience more than just academic life. The people of Sweden are known to be social, and it is easy to make friends in no time.
Sweden provides a high standard of living for students and families throughout the country.
Sweden focuses on sustainability and is on a mission to turn the country 100% green by 2030.
An MBA from Sweden is highly-rated all over the globe. Plus, you will have the chance to choose from multiple specializations across a broad spectrum of study patterns. Some of the best specializations offered here include:
MBA in Automation and Robotics
Master's Degree in Marketing and Communication
Master in Finance
MBA in Hospitality Management
MBA in International Management
MBA in Property Management
Master in Insurance & Risk Management
MBA in International Business
MBA in Marketing Management
Plus, you can choose from different learning modes like
Online MBA
Fast-track MBA
Executive MBA
Part-time MBA
For pursuing an MBA in Sweden, you will need:
A bachelor's degree from a recognized university
You must be at least 18 years of age before you apply
Minimum two years of work experience
TOEFL score only for candidates who haven't studied English at the undergraduate level
Submission of original degree
Work experience certificate
Swedish universities accept both GMAT and GRE scores
You would need the following documents:
Original certificates of Class X, XII, and graduation degree
Letter of recommendation from professors
Statement of purpose
Photocopy of passport
Proof of bank accounts in Sweden branches
Details of your stay in Sweden
Relevant work certificates (optional)
Swedish universities conduct admissions twice a year. You can start your application either in April, the summer admission, or Fall admission in October.
There are multiple course durations in Swedish universities. However, most regular MBA programs are two years. Besides, you can also opt for fast-track and executive MBA programs that will take one year to complete.
| School/University | Course Duration (in months) |
|---|---|
| LUSEM - Lund University School of Economics & Management | 24 |
| Stockholm University - Stockholm Business School | 18 |
| University of Gothenburg School Of Business, Economics, And Law | 18 |
| Uppsala University - Department of Business Studies | 24 |
Fill the application form online from the required university.
You will submit scanned copies of the passport and all other necessary documents, along with four essays.
Pay the application fees of 900 SEK
Participate in the interview process
Now, you need to wait to collect the letter of admission issued by the university after submitting the form.
The immigration would start after you get the admission confirmation from the university.
Go to the Sweden Embassy or consulate after receiving the university's invitation letter.
The next step involves the application for a Sweden student visa.
After receiving the visa, you are all set to pursue your dream of studying MBA in Sweden at your chosen university.
You will need at least one of the following exams if you want to study in Sweden:
TOEFL (Test of English as a Foreign Language) score of 80.
IELTS (The International English Language Testing System) score of 6.5.
GMAT is not a mandatory requirement for most universities. However, some universities might ask for your score. It would help if you stayed updated regarding university-specific requirements.
The cost of studying MBA in Sweden varies from 2000 Euros to 40000 EUR, which can scale up depending on the university's standard.
The fee structure of an MBA in Sweden varies according to the school you choose to study. Let us look at the tuition fees of some B-schools and management institutes in Sweden.
| UNIVERSITY | TUITION FEES |
|---|---|
| Karolinska Institute | 34,000 EUR |
| Lund University | 21,000 EUR |
| Uppsala University | 25,000 EUR |
| Stockholm University | 25,000 EUR |
| Blekinge Institute of Technology | 9,600 EUR |
| University of Gavle | 9,400 EUR |
International students wishing to study MBA in Sweden must apply for a resident permit in Sweden. The Visa application lasts around 90 days following submission. The cost of the application is SEK 1000. You will need the following documents:
Completed application form
Copy of valid passport
Copies of all education documents with the official records
Photocopies of all medical certificates with official records
Translation of the passport into Swedish
Medical insurance policy
4 passport size photos
Receipts confirming the payment of state duties
Temporary residence permit
Various scholarships are awarded to international students coming to study in Sweden. It includes:
Lund University Global Scholarship Programme
The World Bank Scholarship and Fellows Program
Open Society Foundation Fellowships and Scholarships
The University of Gothenburg Study Scholarship
Karlstad University Global Scholarship Program
KTH Royal Institute of Technology Tuition Fee Waivers
Swedish Institute Study Scholarships
Chalmers IPOET Scholarships
Halmstad University Scholarships
You can work as many hours as you like in Sweden. It is one of the biggest advantages of studying in this country. However, international students must devote at least 40 hours per week to their studies.
Most people in Sweden are fluent in English. However, you can learn Swedish to converse fluently with the locals. Almost 70% of the population in Sweden speaks Swedish in their day-to-day lives.
There are top B-schools in Sweden that offer full-time MBA programs that include:
LUSEM - Lund University School of Economics & Management
Stockholm University - Stockholm Business School
University of Gothenburg School Of Business, Economics, And Law
Many universities offer part-time MBA programs, including
Uppsala University - Department of Business Studies
Karolinska Institute
If you don't know English, it can be a problem in Sweden. It would help if you also learned Swedish for convenience.
Sweden has a lot of employment opportunities. So, finding a job after MBA won't be difficult. There are a lot of MNCs and conglomerates in Sweden that give you scope to learn different skills and explore opportunities in the country.
Over the last few years, the number of Indian students has climbed up in Sweden. That's because Sweden offers greater ease of moving in than other European nations.
Meal for two at an inexpensive restaurant - Rs 1000
Regular grocery - Rs 800
One-way ticket (local transport) – Rs 300
Monthly-pass - Rs 7000
One-bedroom flat rent - Rs 117819
The student visa in Sweden is called a "resident permit for studies." If your program is less than three months long, you'll need to apply for a Short-stay visa. If your program is longer than six months, the visa you're eligible for is the Long stay visa type D.
Applying to a Swedish University takes a lot of sweat and hard work. Achieving it alone cannot be easy. That's why you need help from premium education consultants like Anigdah and choose from these top benefits:
Consulting: Anigdha is here to consult and guide every student willing to study abroad.
Shortlisting: based on your preferences and specifications, we will shortlist the best universities for you.
Application Documentation: if you are confused regarding the documents to upload during the initial process, we will help you
Application: We will apply to the best universities on your behalf.
Interview: If the university conducts an interview, we will help you with the mock rounds.
Financial Guidance: Finance is one of the most important aspects of international education. We will guide you through the finances.
Visa: From visa application to accommodation arrangements, we will help you with everything right from the start.
Completing an MBA from a B-school is costly. So, here are a few cheap MBA colleges you can consider:
Stockholm University - Stockholm Business School
University of Gothenburg School Of Business, Economics, And Law
Uppsala University - Department of Business Studies
Sweden is the largest Nordic country with a population of around 10 million. It has a developed economy with one of the best living standards globally. Nature tourism is one of the biggest attractions in the country, and each year it hosts thousands of tourists. The capital of Sweden, Stockholm, is one of the most breathtaking places. Europe's best medieval city with stunning scenery and idyllic landscape built on fourteen islands. Swedish education encourages creativity, and no doubt, some top companies started their operations from its shores. Swedish education is one of the best globally and is known for individuality. The Swedish passport is one of the most powerful globally that gives you access to 186 countries. Plus, Swedish society is secular, and you will get more freedom than anywhere else in Europe. So, pack your bags and get ready to fly to Sweden and explore a whole different world.
| Capital | Stockholm |
| Largest City | Stockholm |
| Official Language | Sweden |
| Dominant Religion | Christianity |
| Total Area | 450,295 km2 |
| Total Population | 10,481,937 |
| Currency | Swedish Krona |
What's The Average Living Cost In Sweden?
The average monthly living cost in Sweden for food is SEK 2000; accommodation is SEK 4070, local travel is SEK 550, phone/internet is SEK 300, and others are SEK 1450, which gives a total of SEK 8370.
Do Swedish Universities Accept Study Gaps?
Swedish Universities Accept Study gaps, and you don't need to worry. You will get an MBA admission after 5 years of graduation. But you will need to show your experience at the time of admission.
How Fast Can You Get A Residence Permit?
The fastest way to get a residence permit is by applying online. It goes directly to the Swedish Migration Agency.
Is Sweden Expensive?
Sweden is an expensive place to live and work. But there are variations between, say, Stockholm and Lund. The most pricey thing about Sweden is the rent, which keeps climbing by 1% each year.
Is An MBA Worth It In Sweden?
A Swedish MBA is highly valued globally, and it won't be difficult to land a job after completing your master's.
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