Updated on May, 23 2024 06:55 IST
MBA in Switzerland
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A country enveloped with mountains, Switzerland is indeed a traveler's paradise. Not only is it one of the most beautiful European countries but it also offers some of the top job opportunities to deserving candidates. Similarly, if you are one of those who is aspiring to make it large in real life then pursuing an MBA in Switzerland is your exact calling. You need to know all about this course and this is where you will get the inside-out information. The country offers over 100 MBA programs in cities like Geneva. With the increasing number of business schools, Switzerland is on the list of the developing nations with a high rate of employment and literacy level.
| IELTS / TOEFL | Required |
| Average Tuition Fees | INR 20 to 60 lacs |
| Scholarships | Yes |
| GMAT/ GRE | Yes, in most universities |
| Eligibility | Work experience, GMAT, statement of purpose, 10+2 with 60% |
| Programs | Part-time MBA, Regular MBA, Global MBA, Executive MBA, One-Year MBA |
The list of universities in Switzerland For MBA is endless and since we cannot talk about each of them, we have tried to squeeze in the top ones. Take a look:
IMD Business School: IMD is an independent business school and reaches out globally. It aims to be an expert in giving the world the leaders of tomorrow and also focuses on transforming organizations. There are different business management programs to choose from.
Universitat St. Gallen School of Management: This is one of the highest-ranked public universities and has also been well-recognised across the country. The B-school promotes integrative thoughts, skills, innovation and also entrepreneurship.
Université de Lausanne – HEC Lausanne: The university is well-renowned for its Faculty of Business and Economics. Its management programs are highly accredited and it has seen several successful MBA graduates.
Geneva School of Economics and Management: The institution runs with more than 17,000 students and is the second largest university in Switzerland. Its Executive MBA and the International Organizations MBA are the most highly accredited.
Besides these, there are others like the University of Zurich, Geneva Business School, EU Business School, Rushford Business School, etc.
As you already know, having an MBA degree lets your career grow in leaps and bounds, so there is no reason why you might retrace your steps and not do the course. In fact, pursuing MBA from Switzerland will indeed be a great choice because of these noted reasons:
Doing the MBA degree from here will help you to understand either the general business topics or the specialized subjects.
The course has some of the rarest subjects that no other country offers. These subjects are supply chain management, luxury brand management, nonprofit management, etc.
After getting your MBA degree from Switzerland, you will be open to better and attractive job offers across the globe.
You can even find a job in this country itself in high-tech sectors, finance and others. On searching further, you will get other prolific options too.
The existence of several multinational and international organizations over here makes you hopeful of excellent job prospects.
Switzerland also has a very strict education system that has a great impact on the qualifications of all the students coming from any discipline.
The wide availability of study materials, resources, libraries, experienced teaching faculty, etc., will lead you to complete your MBA successfully.
The country itself is such a beautiful place that it imposes you to stay back and study so that you can settle down here in the future.
Other than these, an MBA degree from Switzerland assures you to enhance your knowledge, ensure better networking, start your own business, get early promotions and great salary packages.
Switzerland gives you the option of numerous colleges and universities to pursue your MBA from. Therefore, if you miss out on one then there will be other options available.
Studying the specialization subjects makes your knowledge profound in your field of study and leads you to have a better grip on your future career.
All the B-schools are recognised worldwide, so your MBA degree will be valid all through the planet.
As students can also pursue part-time jobs, it will help you to pull your extra expenses and gain work experience.
The country also ensures your safety and security when you are staying here. You will not have to worry about being robbed or cheated on the roads or elsewhere.
Some of the top MBA courses and their subjects of specialization.
Consulting and Strategic Management: Strategy
Finance/ Accounting/ Economics: Banking, Corporate Finance, Finance
Investment / Insurance: Investment, Asset Management
Technology Management: Business Analytics and Big Data, Information Technology, Technology / Science
Healthcare Management: Healthcare / Pharma / Biotech
Tourism / Hospitality Management: Real Estate
Arts Management: Media / Design, Sports Management
Internal Business Management: Human Resource Administration / Organizational Management
Region-Specific MBA Specializations: International Management, International Business
Startups and Small Businesses: Entrepreneurship
Industrial Management and Engineering: Engineering
Marketing Management: Marketing
Nonprofit Management and Sustainability: Nonprofit Management, Sustainability / CSR / Social Entrepreneurship
Transportation Management: Aviation
Every MBA candidate must have these eligibility criteria to apply for the course:
10+2 exam mark sheet with at least 60% score or equivalent
A GMAT score is not required for all the institutions; only a few require it.
In IELTS, the preferred score is 7.0 or 6.5 (out of 9) and in TOEFL iBT, the preferred score is 102 or higher (tentative).
Work experience of 1 to 2 years after acquiring your bachelor’s degree.
Statement of purpose
At least 2 recommendation letters
Grade cards, transcripts and certificates
The following have to be provided to acquire admission for MBA in Switzerland:
Mark sheets from class X to the final year of studies before pursuing an MBA
Passport
Invitation letter
Photographs (as required)
Student VISA
Proof of payment of tuition fees
Health certificate
Letter of recommendation (if any)
Most of the MBA courses in Switzerland begin their admissions soon and programs normally begin from September. However, very few of the MBA courses have multiple intakes that happen either in February or March, May and November. The best time to apply is between October to May since different universities have different deadlines.
If you are looking forward to studying MBA in Switzerland, then be prepared for a course that will extend up to 1 to 2 years. However, here are the top Swiss universities or institutes that offer MBAs.
| Universities / Institutes | Duration |
|---|---|
| IMD International Institute for Management Development, Lausanne, Switzerland | 1 year |
| Université de Genève – HEC Genève, Geneva, Switzerland | 2 years |
| ETH -Zurich, Zurich, Switzerland | 1.5 years |
| University of St. Gallen, St Gallen, Switzerland | 1 year |
| International University in Geneva (IUG),Geneva, Switzerland | 1 year |
| Business School Lausanne (BSL), Lausanne, Switzerland | 1 year |
| University of Zurich, Zurich, Switzerland | 1 year |
| International Institute of Management in Technology, University of Fribourgh, Fribourgh, Switzerland | 1 year |
Step 1: Go to the official website of the B-school where you want to apply. Then fill in the application form and submit it along with all the required documents.
Step 2: Wait for the institution to process your application and send you the letter of invitation.
Step 3: Apply for a student VISA the moment the invitation letter arrives.
Step 4: Once the VISA is issued, you need to book your air tickets.
MBA aspirants would either require IELTS or TOEFL with qualifying bands or scores to get the MBA admission. These proficiency tests would give you better chances to get through the admission procedures.
Only a few Swiss MBAs require you to have cleared the GMAT. So, if you are looking forward to joining a particular B-school, then you must go through the detailed eligibility criteria much before the admission and application procedures start.
The cost of this MBA ranges between 20 to 60 lakhs INR. Only a handful of universities offer this course at lower and affordable fees. Higher course fees do not determine the quality of the institution, and therefore, you must check the ranking and other vital details of the institution.
The following has been given to let you get a clear idea about the fee structure of the top B-schools in Switzerland. Based on this table, you can now pick one to study MBA.
| Universities / Institutes | Total Tuition Fee (CHF) |
|---|---|
| IMD International Institute for Management Development, Lausanne, Switzerland | 85000 |
| Université de Genève – HEC Genève, Geneva, Switzerland | 31200 |
| ETH -Zurich, Zurich, Switzerland | 65000 |
| University of St. Gallen, St Gallen, Switzerland | 56000 |
| International University in Geneva (IUG),Geneva, Switzerland | 36400 |
| Business School Lausanne (BSL), Lausanne, Switzerland | 44800 |
| University of Zurich, Zurich, Switzerland | 33150 |
| International Institute of Management in Technology, University of Fribourgh, Fribourgh, Switzerland | 42000 |
1 CHF = 80.81 INR (subject to change)
You need to talk to the Swiss Embassy for your VISA application. They will give you an idea about the eligibility and procedure of issuing the student VISA.
A consent letter
Medical reports like a physically fit certificate
Letter of invitation
VISA application
International MBA students can easily bag the scholarships as offered by the Swiss government. Individual universities also fund some scholarships to meritorious students. Some of the most noted scholarships are
Swiss Government Excellence Scholarships for Foreign Scholars and Artists
ETH Excellence Scholarships
University of Geneva Excellence Master Fellowships
University of Lausanne Masters Grants for Foreign Students
EPFL Excellence Fellowships
Graduate Institute Geneva Scholarships
IMD MBA Scholarships
Financial Need Scholarships
The CO-RO Foundation Scholarship
The Hilti Scholarship for Women
The Nestlé Scholarship for Women
MBA students are free to take up part-time jobs and work up to 15 hours per week, but for this, you need to have resided in Switzerland for a minimum of 6 months. The MBA courses may get too expensive, and this can be a good way to suffice for the study and living costs. However, the MBA course is extensive, and you need to juggle work and studies accordingly.
Acquiring even a learner’s level in the Swiss language will help you to
Communicate well with the local people
Seek jobs in Switzerland
Add a foreign language to your CV
There are many institutes in Switzerland that offer a course in the Swiss language. You can join the course once you arrive at your destination or simply do an online course.
Most of institutes offer full-time MBA courses, and those institutes are as follows:
University of St.Gallen
IMD Business School
The Basel School of Business
University of Geneva - Geneva School of Economics and Management
EU Business School, Geneva
Business School Lausanne
School of International Hotel and Tourism Management
SBS Swiss Business School
Switzerland offers quality part-time MBA courses that hold value. However, it will be good if you look into the eligibility criteria for pursuing a part-time MBA. Here are those institutions that conduct part-time MBA courses.
University of St.Gallen
The Basel School of Business
University of Geneva - Geneva School of Economics and Management
EU Business School, Geneva
Business School Lausanne
Ecole hôtelière de Lausanne
Ecole de Management et de Communication Geneva, Switzerland
Knowing the regional language(s) is always a great perk. However, you as an international student may not possess an advanced degree in learning the language, but if you read, write and speak at a learner’s level, you will do just fine.
As Switzerland is in the middle of Europe, Basel, Geneva and Zurich serve as aviation getaways. You can travel for internships and jobs at ease.
Financial Analyst
Business Analyst
System Analyst
Entrepreneurs
Finance Manager
Infrastructure Manager
Business Manager
Marketing Manager
Digital Marketing Manager
Oil and Gas Manager
Data Analytics
Business Analytics Consultant
Healthcare and Hospital Manager
Retail Manager and more.
Indian students are quite safe in Switzerland. They will have no problem with their education, food, or accommodation. In time, you will be in a good place to find a job for yourself too. The environment is quite conducive, and you are sure to enjoy yourself besides taking your studies seriously. The country’s reputation for providing quality education and career opportunities has led to an influx of Indian students to its MBA programs. The high demand and high quality of education have also led to an increase in the number of Indian companies investing in Switzerland to establish their European headquarters. Many of these companies have roots in India, and Switzerland has become their home away from home.
The living cost is quite expensive, and managing your monthly budget can become tedious. Yet if you stay and spend your money wisely, you will be able to manage your finances well. You should have an average budget of 1,300 to 1,700 CHF per month. This will certainly include your accommodation, food, groceries, transportation and entertainment. Cities and their tentative cost of living:
Geneva – between 1,650 – 2,500 EUR/month
Basel – between 1,400 – 2,000 EUR/month
Bern – around 1,600 EUR/month
Zurich – between 1,650 – 2,200 EUR/month
Visa is a definite requirement when you go to pursue an MBA in Switzerland. You might have to renew it if you plan to stay longer than you are needed to. It would be great, and you would get the exact information on contacting the Swiss Embassy.
Several students face an immense struggle when it comes to planning international education. There is a lot that comes into play, from applying to universities and finding the best one to understanding the finances and making arrangements for stay. Well, with Anigdha, there is nothing that seems difficult. You will witness the following benefits of our services –
Consulting: When it comes to finding the best university for you, we are here with a wide range of options. We will allocate counsellors who will guide you through the entire process.
Shortlisting: Based on your preferences and specifications, we will shortlist the best university for you.
Application Documentation: Applying to universities can be a tedious process. We will help you with which documents are required during the application.
Application: To alleviate your worries, we will help you apply to the best universities.
Interview: If any university conducts an interview, we will help you with mock rounds for easier admissions.
Visa: If you are struggling to communicate with the visa embassy and apply for your visa, we will sort it out for you!
You can choose from an array of MBA courses in different disciplines.
Keep your belongings under your care, and do not indulge any suspicious persons.
If an unforeseen situation arises, contact your institution or the nearest police station.
Make the most out of your library time as all the libraries are extremely well-resourced.
You can seek help from your classmates and teachers for your studies.
Take active participation in curricular and co-curricular activities will let you interact with others.
Here are a few universities in Switzerland from where you can pursue your MBA at low costs.
University of Geneva – average tuition fees: 900 EUR/year
University of Applied Sciences and Arts Northwestern Switzerland FHNW – average tuition fees: 1,260 EUR/year
University of Bern – average tuition fees: 1,700 EUR/year
University of Lausanne – average tuition fees: 1,040 EUR/year
Switzerland is officially known as the Swiss Consideration. It is a landlocked country that has postcard-like views at every angle. It has the largest cities and economic centres in the world. Switzerland is famous for its watch and chocolate industry and also has a booming tourism industry. The Alps occupy the major part of the country, yet the plateau region is where the citizens live. The top tourist destinations are:
Chillon Castle
Rhine Falls
Mount Pilatus
Lake Zurich
Jungfraujoch
Kunsthaus Zurich
Not only study MBA here but also take time out of your schedule to visit the top locations. Some quick facts about Switzerland are –
| Capital | None |
| Largest City | Zurich |
| Official Languages | German, French, Italian, Romansh |
| Dominant Religion | Christianity |
| Total Area | 41,285 square kilometres |
| Total Population as per 2019 estimate | 8,570,146 |
| Currency | Swiss Franc (CHF) |
What is the currency of Switzerland?
The currency of Switzerland is the Swiss Franc (CHF).
What are the means of accommodation for Indian students?
You can opt for homestays, dormitories, and on-campus hostels.
Which is the top MBA university in Switzerland?
The University of Lausanne is the top MBA university in Switzerland.
What is the total area of Switzerland?
The total area of Switzerland is 41,285 sq. km.
Can Indian students get PR in Switzerland?
Yes, you can, but you have to meet the criteria set by the Swiss Government.
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