Low budget mba programs in europe


I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)

[Edited by Shashank_t on Aug 10, 2015]

I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)
quote
Duncan
There are lots of low-price MBAs; some even free. I think you get what you pay for. There will be few job opportunities from these unaccredited MBAs.

Instead I suggest you focus on improving your GMAT and trying to get scholarships into stronger programmes.
There are lots of low-price MBAs; some even free. I think you get what you pay for. There will be few job opportunities from these unaccredited MBAs.

Instead I suggest you focus on improving your GMAT and trying to get scholarships into stronger programmes.
quote
luanna
I agree with Duncan. The goal shouldn't be to find the cheapest MBA. Instead, look for programs more suited to what you wish to do and find ways to make those more affordable. For instance, Alma Graduate School in Italy has six International MBA programs that cost abt ?27k, but there are many scholarships available, up to full tuition. There are even long-term honor loans that cover the full cost of tuition (minus whatever scholarship you earned, if any) PLUS ?10K to cover living expenses! So if you qualified for a ?15k scholarship, you could attend the school and not pay anything out of pocket right away, including living expenses. Something to think about. Here's the link: http://www.almaweb.unibo.it/internationalmba
I agree with Duncan. The goal shouldn't be to find the cheapest MBA. Instead, look for programs more suited to what you wish to do and find ways to make those more affordable. For instance, Alma Graduate School in Italy has six International MBA programs that cost abt ?27k, but there are many scholarships available, up to full tuition. There are even long-term honor loans that cover the full cost of tuition (minus whatever scholarship you earned, if any) PLUS ?10K to cover living expenses! So if you qualified for a ?15k scholarship, you could attend the school and not pay anything out of pocket right away, including living expenses. Something to think about. Here's the link: http://www.almaweb.unibo.it/internationalmba
quote
exec
I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)


From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.
<blockquote>I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)</blockquote>

From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.
quote
There are lots of low-price MBAs; some even free. I think you get what you pay for. There will be few job opportunities from these unaccredited MBAs.

Instead I suggest you focus on improving your GMAT and trying to get scholarships into stronger programmes.


I understand what you are trying to say.. But in India, even people with no work-experience get through top ranked business schools like IIM-Ahmedabad, IIM-Bangalore, etc. I know that outside India, an MBA is meant for candidates with a minimum of 2-3 years of work-experience.

I am planning to do my mba after 2 years of work-ex.
<blockquote>There are lots of low-price MBAs; some even free. I think you get what you pay for. There will be few job opportunities from these unaccredited MBAs.

Instead I suggest you focus on improving your GMAT and trying to get scholarships into stronger programmes.</blockquote>

I understand what you are trying to say.. But in India, even people with no work-experience get through top ranked business schools like IIM-Ahmedabad, IIM-Bangalore, etc. I know that outside India, an MBA is meant for candidates with a minimum of 2-3 years of work-experience.

I am planning to do my mba after 2 years of work-ex.
quote
I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)


From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.


I really appreciate your suggestion. It actually makes sense. But one can even get through a decent job even after doing an MBA from a low ranked university. Its not always about the rank of the university, its also about the potential one has got within. I would be giving GMAT soon and would do my MBA after 2 years of work-ex.

As far as the MSc programs you are talking about, I am not much interested in them since an MBA will always be an MBA. No matter what. !!

Thanks.
<blockquote><blockquote>I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)</blockquote>

From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.</blockquote>

I really appreciate your suggestion. It actually makes sense. But one can even get through a decent job even after doing an MBA from a low ranked university. Its not always about the rank of the university, its also about the potential one has got within. I would be giving GMAT soon and would do my MBA after 2 years of work-ex.

As far as the MSc programs you are talking about, I am not much interested in them since an MBA will always be an MBA. No matter what. !!

Thanks.
quote
ellie
I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)


From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.


I really appreciate your suggestion. It actually makes sense. But one can even get through a decent job even after doing an MBA from a low ranked university. Its not always about the rank of the university, its also about the potential one has got within. I would be giving GMAT soon and would do my MBA after 2 years of work-ex.

As far as the MSc programs you are talking about, I am not much interested in them since an MBA will always be an MBA. No matter what. !!

Thanks.


But an MBA in lowly ranked school will always be an MBA in a lowly ranked school. It is not about the paper or the title, it is about the experience. Save the money and go for at least the top 50 schools. You will be exposed to so many various companies from different industries and your network of alumni will be so much greater and better.
<blockquote><blockquote><blockquote>I am looking for some mba programs in Europe with low tuition fees. I have done my Bachelors in Management studies and have an experience of 1 year.

Can anyone suggest me of some options in Germany, Sweden, Norway, Denmark, etc. The fees shouldn't be too high. Somewhere around 6000-7000 euros for a year shall be fine.

I know getting an mba degree in such a low cost is relatively impossible. But I have heard about some programs in Germany offering a year long mba.

I also want to know about the job prospects after completingan mba from such universities/colleges.

Please suggest me on this b-school
http://www.fh-stralsund.de/fh_stralsund/powerslave,id,224,nodeid,.html

I appreciate your help. Thanks in advance.

Cheers !
Shashank :)</blockquote>

From your background what you have told us, you don't seem to be a strong candidate for an MBA. Most MBA programs require at least 3 year professional working experience after the graduation. Perhaps if you worked in a large international company and had a lot of responsibilities, if you have excellent grades from your Bachelor from a highly regarding university, a high GMAT score, if you have some an usual extra-curriculum or other extraordinary achievements, that could compensate for your lack of working experience.

But if you want to go to some unknown, low ranked school, you will completely waste your time. Employers care about the name of school as much as about the degree. It's almost the same if you bought your diploma instead.... In addition, such a school wouldn't probably provide a good job placement afterwards and you will be struggling to find a job.

So my solution is to work for another few years and build your profile. Save some money and plan on taking a loan and apply to at least medium-high ranked business schools.
The other option is to do MSc instead. You mentioned Sweden. I know that Stockholm School of Economics is very highly regarded school. But they take only excellent students from all around the world, so if you stand out somewhat, you should definitely apply. They have a Management program besides others, and it is free for EU citizens.</blockquote>

I really appreciate your suggestion. It actually makes sense. But one can even get through a decent job even after doing an MBA from a low ranked university. Its not always about the rank of the university, its also about the potential one has got within. I would be giving GMAT soon and would do my MBA after 2 years of work-ex.

As far as the MSc programs you are talking about, I am not much interested in them since an MBA will always be an MBA. No matter what. !!

Thanks.</blockquote>

But an MBA in lowly ranked school will always be an MBA in a lowly ranked school. It is not about the paper or the title, it is about the experience. Save the money and go for at least the top 50 schools. You will be exposed to so many various companies from different industries and your network of alumni will be so much greater and better.
quote
Yes I am targetting some decent universities. I hope I get through some decent universities. The reason I want to do my MBA from Europe is because I can complete my MBA in just 1 year.

Cheers !
Yes I am targetting some decent universities. I hope I get through some decent universities. The reason I want to do my MBA from Europe is because I can complete my MBA in just 1 year.

Cheers !
quote
reham
I have the same question as shashank
I am a non-EU residence searching for an MBA scholarship
I have tried searching in UK Schools but even the mid-low ranked schools are expensive for my budget.
as far as I know , some EU countries are now giving graduate degrees for free/ no fees for EU citizens and the cost of university education has become much lower for Non_EU residents .
SO, I think I would have a better chance to get an MBA ( in English) from a ranked school in EU if I searched outside of the UK .

Could you recommend some schools that are offering good ranked/ accredited MBA with 75- 100% Scholarships for international students?
I have 9 years Ex in Pharmaceutical industries ( multinational one)
no GMAT
TOFEL 85 ( but studing to an IELTS to improve that)

Thank you

[Edited by reham on Nov 21, 2014]

I have the same question as shashank
I am a non-EU residence searching for an MBA scholarship
I have tried searching in UK Schools but even the mid-low ranked schools are expensive for my budget.
as far as I know , some EU countries are now giving graduate degrees for free/ no fees for EU citizens and the cost of university education has become much lower for Non_EU residents .
SO, I think I would have a better chance to get an MBA ( in English) from a ranked school in EU if I searched outside of the UK .

Could you recommend some schools that are offering good ranked/ accredited MBA with 75- 100% Scholarships for international students?
I have 9 years Ex in Pharmaceutical industries ( multinational one)
no GMAT
TOFEL 85 ( but studing to an IELTS to improve that)

Thank you






quote
ralph

Could you recommend some schools that are offering good ranked/ accredited MBA with 75- 100% Scholarships for international students?

Unfortunately, there's no such thing as a free lunch. You're not going to find a ranked program where the tuition fees for international students are subsidized to such an extent.

I would just go through the FT rankings and look at tuition fees and seeing what kinds of scholarships are available. At the lower end, Tias and Vlerick offer MBAs for around 37k EUR, and each has a solid range of scholarships (Tias even has regional scholarships, for students from countries like China and Indonesia.)

Further up the ranking tuition fees get higher: at HEC Paris it's 48k EUR; at IMD the cost around 50k.

If you restrict your search to unranked but accredited MBAs, you might find some good values. Look into UC3M in Spain or CEU in Hungary, for instance. But of course, with this tier of programs you'll lose the post-MBA career leverage that you'd get from a ranked business school.
[quote]
Could you recommend some schools that are offering good ranked/ accredited MBA with 75- 100% Scholarships for international students?
[/quote]
Unfortunately, there's no such thing as a free lunch. You're not going to find a ranked program where the tuition fees for international students are subsidized to such an extent.

I would just go through the FT rankings and look at tuition fees and seeing what kinds of scholarships are available. At the lower end, Tias and Vlerick offer MBAs for around 37k EUR, and each has a solid range of scholarships (Tias even has regional scholarships, for students from countries like China and Indonesia.)

Further up the ranking tuition fees get higher: at HEC Paris it's 48k EUR; at IMD the cost around 50k.

If you restrict your search to unranked but accredited MBAs, you might find some good values. Look into UC3M in Spain or CEU in Hungary, for instance. But of course, with this tier of programs you'll lose the post-MBA career leverage that you'd get from a ranked business school.
quote
Duncan
I agree with Ralph, of course: his guidance is consistently perfect.

But, I would say that there are other graduate degrees which can be very inexpensive: master of science degrees. Many of these are taught in the local language but, to be honest, the RoI of a year to learn German and then get into, say, the Free University of Berlin or Augsburg MScs in finance, is quite impressive.
I agree with Ralph, of course: his guidance is consistently perfect.

But, I would say that there are other graduate degrees which can be very inexpensive: master of science degrees. Many of these are taught in the local language but, to be honest, the RoI of a year to learn German and then get into, say, the Free University of Berlin or Augsburg MScs in finance, is quite impressive.
quote
Duncan
Take a look at http://www.mastersportal.eu/search/?q=kw-management|ln-3|lv-master|tm-0|tt-noneea|tu-year|tx-1011||bba370c9
Take a look at http://www.mastersportal.eu/search/?q=kw-management|ln-3|lv-master|tm-0|tt-noneea|tu-year|tx-1011||bba370c9
quote
ralph
Good point, Duncan. And in fact, Germany's ranked master in management programs as well.

Mannheim and Cologne stand out as particularly good values.
Good point, Duncan. And in fact, Germany's ranked master in management programs as well.

Mannheim and Cologne stand out as particularly good values.
quote
JordyM88
If you restrict your search to unranked but accredited MBAs, you might find some good values. Look into UC3M in Spain or CEU in Hungary, for instance. But of course, with this tier of programs you'll lose the post-MBA career leverage that you'd get from a ranked business school.

Ralph, could you please elaborate on this? Is it hard to find jobs in Spain/Hungary after doing one of these MBAs? Are there better European programs in this price range?
[quote]If you restrict your search to unranked but accredited MBAs, you might find some good values. Look into UC3M in Spain or CEU in Hungary, for instance. But of course, with this tier of programs you'll lose the post-MBA career leverage that you'd get from a ranked business school.[/quote]
Ralph, could you please elaborate on this? Is it hard to find jobs in Spain/Hungary after doing one of these MBAs? Are there better European programs in this price range?
quote
Duncan
A high-quality MBA is expensive, so placement will not be so strong from these schools. CEU clearly has an advantage in being a regional leader in a well-resourced university. Either way, learning the local language before starting the MBA will be a great way to invest some of the money you save by going there. Also read Do you need to speak the local language? www.find-mba.com/board/34713
A high-quality MBA is expensive, so placement will not be so strong from these schools. CEU clearly has an advantage in being a regional leader in a well-resourced university. Either way, learning the local language before starting the MBA will be a great way to invest some of the money you save by going there. Also read Do you need to speak the local language? www.find-mba.com/board/34713
quote
ralph
Yes, Duncan is spot-on. When you pay more for a ranked MBA program, you'll generally have access to better connections with recruiters.

I don't think that either of these schools publish post-MBA career reports, so if you're seriously interested in them, you'll probably want to ask the schools directly for this info. If they can't provide this or are unwilling to connect you with alumni who have successfully made the transition to working in the country, then this would be a red flag.
Yes, Duncan is spot-on. When you pay more for a ranked MBA program, you'll generally have access to better connections with recruiters.

I don't think that either of these schools publish post-MBA career reports, so if you're seriously interested in them, you'll probably want to ask the schools directly for this info. If they can't provide this or are unwilling to connect you with alumni who have successfully made the transition to working in the country, then this would be a red flag.
quote
JordyM88
Thank you both for these responses. The language is interesting, I have a working knowledge of Spanish but know nothing of Hungarian so I guess I will focus on UC3M. Any other schools in Spain that are on the budget side in terms of cost?
Thank you both for these responses. The language is interesting, I have a working knowledge of Spanish but know nothing of Hungarian so I guess I will focus on UC3M. Any other schools in Spain that are on the budget side in terms of cost?
quote
turbo001
Quick question: between CEU, CNAM and UC3M, which is the best??
Quick question: between CEU, CNAM and UC3M, which is the best??
quote
Duncan
Best for what?

PS I would pick CEU or UC3M. CNAM felt a bit threadbare, like a neglected technical school, when I visited. CEU feels like a better designed MBA, and the international exchange is a very impressive option. UC3M feels like a more practical option in your focus is outside central and eastern Europe.

[Edited by Duncan on Jun 28, 2016]

Best for what?

PS I would pick CEU or UC3M. CNAM felt a bit threadbare, like a neglected technical school, when I visited. CEU feels like a better designed MBA, and the international exchange is a very impressive option. UC3M feels like a more practical option in your focus is outside central and eastern Europe.
quote
mba hipste...
Quick question: between CEU, CNAM and UC3M, which is the best??

All solid choices for the budget. There's not really any "best" without knowing more about your career goals and expectations.
[quote]Quick question: between CEU, CNAM and UC3M, which is the best??[/quote]
All solid choices for the budget. There's not really any "best" without knowing more about your career goals and expectations.
quote

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