Tuition fees play a significant role in deciding the country to study abroad. And one of the crucial reasons a student doesn’t go abroad for studies is the high cost of expenses. We cannot cut short the expense of living, but we can help you choose the most affordable programs worldwide. Here we are with the most affordable MBA programs to study abroad for Indian students.
The Most 7 Affordable MBA: Top Business schools
The cost depends upon the type of program you choose. It is essential to select the course wisely and estimate the expenditure accordingly.
The University of Hamburg in Germany provides students MBA in an economical range of 230-375 Euros. It has emerged as a famous university in Germany among international students. It received a total of 42,856 applications for the academic year of 2019. Students gain the specialist, leadership, and methodological skills necessary to take on roles as leaders.
Helsinki School of Business (HELBUS) is a private university located in Helsinki, Finland. It offers an MBA in partnership with the University of Northampton, an institution governed by QAA, the official British quality agency for higher education. Students will study courses like Critical Issues in Business, Management and Organizational Behavior, Competitive Strategy and Innovation and Strategic Marketing.
The University of Agder is a government-owned university in Norway. It offers an MSc in Business Administration in various specialisations running for two years for which there are no tuition fees to be paid. However, a registration fee of Rs.28,413(€100) is required. Norway is known for its free education. The costs do not depend on your nationality or level of study. Only a registration fee is needed to be paid at the starting of every semester.
The Isenberg School of Management is located in the U.S. All accepted on-campus students are awarded a two-year MBA Fellowship that fully funds their degree. This generous fellowship includes an annual stipend, full tuition, and health insurance coverage. There are four application processing interviews, a resume, official transcripts, two recommendation letters, and GMAT/GRE scores.
Johannes Gutenberg Universität (JGU) is one of the top public universities in Germany. It is one of the most diverse and most prominent universities in the country. They attract students and scholars worldwide, conduct national conferences, and regularly host international symposia on a wide range of academic fields. The average fee for an MBA degree is 3500 EUR. You are required to provide your GRE and IELTS score for admission.
The University of British Columbia – Sauder School of Business, is one of the affordable universities in British Columbia, Canada. The 16-month, full-time UBC MBA at Sauder’s Robert H. Lee Graduate School offers a uniquely integrated vision to the students. It provides MBA in disciples like Technology & Analytics Leadership, Finance, Product & Service Management, Innovation & Entrepreneurship, and Custom.
The Richards College of Business at the University of West Georgia offers their Master’s of Business Administration degree well under the national average cost. This MBA includes three disciples Sales & Consumer Research, Business Intelligence & Cyber Security, and Digital Marketing. To apply, prospective students simply need to complete the online application and submit official GMAT/GRE scores, official transcripts from all universities previously attended, and a professional resume.
This list includes both one year and two years affordable MBA programs to study abroad. The shorter the duration of the course, the lesser will be the living expenses and investment incurred. However, tuition fees of universities tend to change, so it’s essential to keep a check on the official websites of the respective university.
1. Are there scholarships available to study MBA Abroad for Indian Students?
Yes, there are various scholarship programs for MBA Abroad, such as Global Study Award, Central Sector Scheme of National Overseas Scholarship and The Financial Sumo Educational Scholarship Program.
2. Can a middle-class India afford an MBA abroad?
With the help of a good CGPA score and scoring well in the entrance exams, a middle- class student can apply for a scholarship to study MBA abroad.