With the increasing popularity of business as a career option, many Indian students are looking for an MBA program they can pursue in abroad. While India is a developing country, there are a lot of Indian ventures that are looking for trained business professionals to manage their business. This makes a great occasion for Indian students to do MBA and grab flourishing opportunities in India.
MBA done from an internationally recognized university holds a certain crown to it. People who acquire an MBA from abroad will certainly be preferred over someone who hasn’t.
While searching for universities to study abroad, one crucial factor for most of the students is the cost involved. While MBAs from the US and UK are the most in-demand, after you consider the cost of tuition and living expenses, it may seem like an overwhelming prospect.
This gets intensified by the fact that you will most probably have to take a student loan to accomplish your studies.
The tuition fee for MBA in most top-notch UK and US colleges are going through the roof, and thus it makes it the need of the hour to look for cheaper universities to pursue MBA.
However, with the cheapness of the program comes the worry about its quality. It is only beneficial to enrol in a university with comparatively lower tuition fees if the education it provides meets international standards.
So, if you are also searching for the cheapest country for Indians to study MBA, which also provides quality education, you have landed in the right place.
Here is a list of countries that offer eminent education at a price that won’t drill a hole in your pocket and leave you fraught with student loans.
The Polish education system is very well renowned for its standard. There can be a language barrier, but many programs are also taught in English.
An MBA degree from Poland is quite a steal. It costs roughly $19,000, while the annual cost of living is around $6000.
Germany has more than 40 universities that are ranked among the top universities of the world and 9 in the top 100 of the Times Higher Education World University Rankings 2016-2017. Germany is preferred by many Indian students because of its less or no tuition fees (in some colleges).
The cost of education here is very low as compared to the UK or US. While the cost of living might be high in Germany, around $12,000, the tuition fee of just $9,000 balances it out.
While in Denmark, you can expect to pay around $30,000 for the course and about $11,000 yearly for living costs.
Despite the higher living cost and tuition fees, it still is one of the most favoured international study locations due to the standard of living and education it provides. The quality of education in Denmark is unbeatable. You can expect to have great knowledge and understanding once you are done with the program.
Danish universities guarantee premium education and even placement opportunities.
France is another popular destination among Indian students who wish to study abroad. Especially for the ones who want to do an MBA. It is mainly because it is quite easy to adjust in France due to its vibrant and diverse culture.
Even if you don’t know French, many universities in France offer English-taught MBA programs, so you don’t have to worry about language being the barrier. And, if you are planning to learn French or already know it, France is a win-win situation.
An MBA program in France may cost you an approximate of $16,000, while the living costs differ according to the city. In Paris, for example, you would pay around $18,000 annually, while in a less cosmopolitan city would probably be paying $12,500 per year.
Sweden hosts some of the world’s best universities that offer an MBA program. The Swedish higher education system is regarded as one of the best in the world.
It’s not a matter of surprise how many Swedish universities are highly-ranked by Times Higher Education. They also have a glorious place in the list of Academic Ranking of World Universities.
Now, you may think that such quality will cost a lot. Contrary to this belief, annual higher education costs range between $9000–15,000 while the annual cost of living is about $12,000.
Their highly-experienced and trained counsellors will surely assist you in fulfilling your dream of acquiring an MBA degree from a foreign destination. Not only that, while the process of applying a student visa can get overwhelming, if you apply a visa with their help, half your burden will be decreased.