Study Abroad: How much does it cost to study for an MBA at top UK and other European universities?

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Business News/ Education / Study Abroad: How overmuch does it outgo to survey for an MBA astatine apical UK and different European universities?

2 min read 26 Apr 2024, 08:24 PM IST checkcibilBtn

MintGenie Team , Written By Vimal Chander Joshi

If you find absorption acquisition successful America to beryllium retired of reach, you whitethorn research survey options successful 1 of European countries specified arsenic UK oregon Netherlands oregon France, among others

There are lone  a fewer  B-schools successful  the UK, which are fashionable  among students crossed  the world. These see  Oxford assemblage   (above), Imperial and London Business School. © Rob Matheson/CORBISPremium There are lone a fewer B-schools successful the UK, which are fashionable among students crossed the world. These see Oxford assemblage (above), Imperial and London Business School. © Rob Matheson/CORBIS

Students who mean to implicit their MBA overseas mostly person aggregate options to take from. They tin either spell to US for their higher studies oregon opt for different economical options specified arsenic UK, France oregon Switzerland, among others.

Not each universities person built beardown estimation for their concern programme, immoderate are decidedly much sought-after than others.

One would wonderment arsenic to wherefore are non-American destinations truthful overmuch economical contempt the euro (€) and British pound (£) being much valued than the US dollar.

This is chiefly due to the fact that European MBAs are usually for 1 twelvemonth and tuition of European universities, successful general, is acold little than what is charged by the US institutions.

ALSO READ: Canada sets a people of 3.64 lakh survey permits for 2024. How does it impact Indian students going abroad?

A lowdown connected an array of options crossed countries

MBA successful UK: There are lone a fewer B-schools successful the UK, which are fashionable among students crossed the world. These see Oxford, Cambridge, London Business School and Imperial College.

The tuition interest for these universities is anyplace betwixt £60-70,000. For instance, interest for afloat clip MBA astatine Imperial is £67,500, whereas the tuition astatine Oxford is £78,500.

Besides this, 1 has to cough up a minimum of £12,000-15,000 connected surviving expenses. Overall, this would travel to astir £90,500 (for Oxford). In Indian currency, this adds up to 94 lakh (£1 =104) for 1 twelvemonth MBA.

At comparatively little known B-schools, the interest is little by astir 20-25 lakh. For instance, Warwick charges £53,750 for one-year MBA, which is equivalent to 55.9 lakh successful Indian currency. UCL charges £42,500 ( 44 lakh) for 1-year MBA planetary and Bayes Business School charges £50,400 ( 52 lakh).

ALSO READ: Study abroad: MBA astatine a apical US assemblage tin outgo you implicit 2 crore. Details here

MBA successful France: In France, determination are a fig of bully B-school options but the champion ones see HEC, INSEAD and EDHEC. At HEC, the interest is €98,000 euros, which is equivalent to 87 lakh (at complaint of 1 € = 89) successful Indian currency.

INSEAD charges a interest of €99,500, which is equivalent to 88.55 lakh.

At EDHEC, the interest is €51,000 ( 45 lakh). The surviving expenses would adhd different 12 lakh to the full cost.

This makes the full outgo to astir 99 lakh (87+12) for HEC and 57 lakh (45+12) for EDHEC.

Country         B-school Fees (Rs)
UK                       Oxford 81.6 lakh
UK             Imperial70.2 lakh
France                    INSEAD88.55 lakh
Switzerland                 IMD88.72 lakh
Netherlands        Rotterdam57.8 lakh

(Source: University websites)

MBA successful Switzerland: In Switzerland, the champion B-school arguably is IMD, which draws students from antithetic parts of the world. The tuition of one-year MBA astatine IMD is CHF 97,500, which is equivalent to 88.72 lakh (at 1 CHF = 91).

ALSO READ: Why US is apical prime for Indian students aspiring to survey overseas contempt affordability, information concerns

MBA successful Netherlands: In Netherlands, determination are a fig of B-schools specified arsenic Maastrich, Rotterdam and Amsterdam Business School.

Rotterdam School of Management charges a interest of €65,000 which is equivalent to 57.8 lakh portion Amsterdam Business School charges a interest of €46,000, equivalent to astir 41 lakh.

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Published: 26 Apr 2024, 08:24 PM IST

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