Let’s face it: A main concern of many prospective MBA applicants is cost. It’s not always inexpensive to study, especially in MBA programs that have international accreditation. Not to mention the fact that many accredited MBA programs in Europe are found in big cities, where cost of living can add significantly to overall expenses.
But across the continent, there are values to be found. The following is a list of the top 10 MBA programs in Europe for those on a budget.
CEU’s MBA program is one of the least expensive full-time, AMBA-accredited MBAs in the world, due to an endowment from the school's founder, George Soros. As an added bonus to value-hunters, the school is located in Budapest, which generally features lower living costs than major cities in other parts of Europe.
View School ProfileParis is not a cheap city, by any means. So budget-minded students looking to study for their MBA in the City of Light might want to do it as inexpensively as possible. CNAM’s Paris-based International MBA program had be had for less than half the cost of other programs in the city.
View School ProfileTucked away in the picturesque northeast corner of Italy, MIB’s Trieste location is hard to beat in terms of natural beauty. But the school also offers one of the least expensive AMBA-accredited MBA programs in Europe. But don’t be mistaken: low cost does not mean low value—MIB is listed by FIND MBA as one of the best European business schools off the beaten path.
View School ProfileThe International MBA program from Athens-based AUEB is one of the few AMBA-accredited MBA programs in Greece, at a very reasonable cost. The school’s full-time MBA can be completed in 14 months.
View School ProfileStudents looking for a value MBA program in Spain will find it at UC3M. The school’s full-time, AMBA-accredited MBA is a fraction of the cost of other programs in Madrid, and indeed, in most of Europe.
View School ProfileZagreb School of Economics, which, as of 2016 is the only AACSB-accredited business school in Croatia, offers an MBA program with classes scheduled in the afternoons. Although the program can be completed in one year, students can also choose to take classes during a second year as well, for no additional fee.
View School ProfileToday, those wishing to pursue an internationally-accredited MBA in Germany have no shortage of options. However, few German business schools can provide an AACSB-accredited program at the price point of Pforzheim’s MBA in International Management. Those who have a bachelor’s degree in business or economics can shorten the program by six months (and pay even less.)
View School ProfileThe only EQUIS-accredited business school in Turkey (as of 2016), the Istanbul-based Koç University offers an Executive MBA program that is currently ranked in the Financial Times. In addition to offering a modular MBA program, the school also offers an intensive MBA program that can be completed in 12 months (on a budget).
View School ProfileSince it’s delivered on a part-time basis, Poznań’s MBA program is perfect for students in Poland and other parts of the region who want to come to Poznań just for modules. The school’s MBA is AMBA-accredited and is offered through a partnership with Georgia State University’s Robinson College of Business.
View School ProfileThe University of Ljubljana’s modular MBA program is popular with working professionals who don’t want to take a lot of time off work. As of 2016, the school is the only one in Slovenia accredited by AACSB and EQUIS.
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