Discover the Cheapest business schools in Europe. Our list includes top-ranked institutions offering high-quality education at a budget-friendly price. Start your business education journey now!
If you’re looking for an MBA program, Europe can be a great place to go. There are many affordable options that offer a high-quality education and career opportunities. In this article, we’ll look at ten of the most affordable business schools in Europe so that you can compare them with American programs.
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Before we dive in the top 10 cheapest business schools in Europe, here are the things you must consider before choosing a business school in Europe;
- Accreditation: Ensure that the business school you are considering is accredited by reputable organizations such as AACSB, EFMD, and AMBA.
- Location: Consider the location of the school as it may affect your living expenses and the availability of internships or job opportunities.
- Program Quality: Research the quality of the programs offered by the school, including the curriculum, faculty, and resources available to students. You may also like >>> Top 10 Cheapest and Most affordable Universities in Germany
- Graduation and Employment Rates: Look at the graduation and employment rates of the school to get an idea of the success rate of its graduates.
- Cost: Compare the cost of tuition and living expenses to determine if the school is truly the cheapest option.
- Reputation: Research the reputation of the school and its graduates to see if it is well-regarded in the business world.
- International Ranking: Look at the international ranking of the school to see how it compares to other business schools in Europe and around the world.
- Specialization: Check if the school offers any specialized programs in your field of interest.
- English Proficiency: If English is not your first language, ensure that the school offers support and resources to help you improve your proficiency.
- Networking Opportunities: Consider the networking opportunities available to students at the school, such as internships, study abroad programs, and alumni networks.
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Ranking of the Top 10 Cheapest Business Schools in Europe
Study at a Cheapest Business Schools in Europe? There are many universities in Europe that offer great business courses at an affordable price.
The University of Warsaw in Poland
The University of Warsaw is ranked as the best university in Poland for business studies, according to the QS World University Rankings by Subject 2021. It is ranked #401-450 in the world for business and management studies.
The University of Warsaw in Poland is ranked 1st on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €2,000 per year.
The fees for studying business at the University of Warsaw vary depending on the program and level of study. For undergraduate programs, the annual tuition fee is approximately €2,000-€3,000 for European Union students, and €5,000-€6,000 for non-European Union students. For graduate programs, the annual tuition fee is approximately €3,000-€4,000 for European Union students, and €6,000-€8,000 for non-European Union students.
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To be considered for admission to a business program at the University of Warsaw, applicants will need to meet the following requirements:
- Hold a high school diploma or equivalent
- Meet the language proficiency requirements for the program (Polish or English)
- Submit a CV and statement of purpose
- Pass the entrance exam or provide proof of academic achievement
- Provide proof of financial support
It is also important to note that some programs may have additional requirements or specific application deadlines. It is recommended to check the program’s website for more detailed information and contact the university’s admissions office for any questions.
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The University of Economics in Prague in Czech Republic
The University of Economics in Prague (VŠE) is ranked as the top business school in the Czech Republic and is consistently ranked among the top universities in Eastern Europe for business and economics. The university is also internationally recognized and is a member of the CEMS Global Alliance in Management Education and the AACSB (Association to Advance Collegiate Schools of Business).
The University of Economics in Prague in Czech Republic is ranked 2nd on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €6,000 per year.
The fees for international students at VŠE vary depending on the program and level of study. Bachelor’s degree programs cost between 6,000 – 8,000 EUR per academic year, while master’s degree programs cost between 7,000 – 12,000 EUR per academic year.
Admissions requirements for international students at VŠE include a completed secondary education and a high school diploma or equivalent, as well as proof of English proficiency (TOEFL or IELTS). Additionally, some programs may require additional requirements such as a GMAT or GRE score. It is best to check the specific program requirements on the university website.
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Overall, studying business at the University of Economics in Prague is a great choice for international students considering the high rankings, affordable fees and manageable admissions requirements.
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Budapest Business School in Hungary
Budapest Business School (BBS) is a reputable business school in Hungary that offers undergraduate, graduate and postgraduate programs in business and management. The school is ranked among the top business schools in Central and Eastern Europe by international ranking organizations such as the Financial Times and Eduniversal.
Budapest Business School in Hungary is ranked 3rd on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €9,000 per year.
Fees at BBS vary depending on the program and level of study. Undergraduate programs typically cost around €9,000 per academic year, while graduate and postgraduate programs can range from €12,000 to €20,000 per academic year. Scholarships and financial aid options are available for students who demonstrate financial need.
Admissions requirements for BBS include a high school diploma or equivalent for undergraduate programs, and a bachelor’s degree for graduate and postgraduate programs. Additionally, applicants must submit a completed application form, transcripts, and other required documents such as language proficiency test scores (TOEFL or IELTS) and letters of recommendation. International students may also be required to submit a certificate of good conduct or a police clearance certificate.
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Studying business at Budapest Business School offers students a high-quality education and strong international reputation. The fees are affordable, and the admission process is straightforward, making it a great option for students interested in studying business in Hungary.
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University of Novi Sad in Serbia
The University of Novi Sad in Serbia offers a variety of business-related programs at both the undergraduate and graduate level. According to the 2021 QS World University Rankings, the University of Novi Sad is ranked as the second-best university in Serbia and is considered to be in the top 1,000 universities worldwide.
University of Novi Sad in Serbia is ranked 4th on our list of the Cheapest Business Schools in Europe.
In terms of fees, the cost of studying business at the University of Novi Sad will vary depending on the program and the student’s status (i.e. whether they are an international or domestic student). However, it is generally considered to be more affordable than studying at universities in Western Europe or the United States.
Admissions requirements for business programs at the University of Novi Sad will vary depending on the program and the level of study. In general, applicants will need to have a high school diploma or equivalent, and may need to submit proof of English proficiency. Some programs may also require additional entrance exams or an interview as part of the application process.
Overall, studying business at the University of Novi Sad in Serbia can be a good option for those looking for a high-quality education at an affordable price. However, students should research the specific program and admissions requirements to ensure that they are a good fit.
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The University of Rijeka in Croatia
The University of Rijeka‘s Faculty of Economics and Business is ranked as the second-best business school in Croatia, according to the Financial Times. The tuition fees for undergraduate and graduate programs in business at the university are relatively affordable, with an estimated cost of around €3,000-€4,000 per academic year.
The University of Rijeka in Croatia is ranked 5th on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €3,000 per year.
Admissions requirements for business programs at the University of Rijeka include a high school diploma or equivalent, and successful completion of entrance exams or an interview. Additionally, international students may be required to provide proof of English proficiency through a recognized language test such as TOEFL or IELTS.
The University of Rijeka’s Faculty of Economics and Business is a reputable and affordable option for studying business in Croatia, with a strong ranking and competitive admissions requirements.
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The University of Economics in Bratislava in Slovakia
The University of Economics in Bratislava (UEB) is a reputable institution for studying business in Slovakia. It is ranked among the top universities in the country for business and economics, according to the QS World University Rankings and the Times Higher Education World University Rankings.
The University of Economics in Bratislava in Slovakia is ranked 6th on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €1,600 per year.
In terms of fees, UEB offers a range of tuition options for international students, with different rates for undergraduate and graduate programs. The tuition for an undergraduate business program can range from €1,600 to €5,000 per academic year, while the tuition for a graduate program can range from €2,500 to €6,000 per academic year.
The requirements for applying to UEB vary depending on the program and level of study. Generally, students will need to submit their academic transcripts, proof of English proficiency (TOEFL or IELTS), and other relevant documents. Additionally, students may need to pass an entrance exam or have a certain GPA in order to be accepted into the program.
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Overall, UEB offers a high-quality business education at a relatively affordable cost, and the admission process is relatively straightforward for international students.
Cheapest Business Schools in Europe Cheapest Business Schools in Europe
The University of Plovdiv in Bulgaria
The University of Plovdiv in Bulgaria offers a variety of business-related programs, including a bachelor’s degree in Business Administration and a master’s degree in International Business.
In terms of rankings, the University of Plovdiv is ranked #501-600 in the world by QS World University Rankings, making it a reputable institution in the field of business education.
The University of Plovdiv in Bulgaria is ranked 7th on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €1,500 per year.
Tuition fees for international students studying business at the University of Plovdiv vary depending on the program, but generally range between 1,500-2,500 EUR per year.
Requirements for international students to enroll in the business programs at the University of Plovdiv include:
- A completed high school education
- A valid passport
- Proof of English language proficiency (TOEFL or IELTS)
- A completed application form
- An academic transcript from your previous educational institution
- Proof of financial support for the duration of your studies.
It’s also worth noting that the University of Plovdiv offers the possibility for Erasmus+ student exchange program, that gives the opportunity for students to study business abroad in different European countries.
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The University of Belgrade in Serbia
The University of Belgrade is one of the top universities in Serbia for business studies. According to the QS World University Rankings, it is ranked as the #1 university in Serbia for business and management.
The fees for studying business at the University of Belgrade vary depending on the specific program and level of study. Generally, undergraduate programs are more affordable than graduate programs. The fees for international students may also be higher than for domestic students.
The University of Belgrade in Serbia is ranked 8th on our list of the Cheapest Business Schools in Europe.
The requirements for studying business at the University of Belgrade vary depending on the specific program and level of study. Generally, undergraduate programs require a high school diploma or equivalent and a good command of English. For graduate programs, a bachelor’s degree in a related field and a good command of English is required. In addition, some programs may require additional tests or exams, such as the GMAT or GRE.
Overall, studying business at the University of Belgrade can be a great choice for students looking for a high-quality education at an affordable price. The university’s reputation and ranking in the field of business and management make it a strong choice for those looking to enter the field. So, it would be best to check with the university regarding the specific requirements and fees for the program you are interested in.
Cheapest Business Schools in Europe Cheapest Business Schools in Europe
The University of Szeged in Hungary
The University of Szeged in Hungary is ranked as the #1 university in Hungary for business studies according to the QS World University Rankings by Subject. The university offers a wide range of business and economics programs, including undergraduate and graduate degrees in areas such as international business, finance, and management.
The University of Szeged in Hungary is ranked 9th on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €2,500 per year.
The fees for international students at the University of Szeged vary depending on the program and level of study. On average, undergraduate programs cost around €2,500-€3,000 per year, while graduate programs cost around €3,000-€4,000 per year. These fees are generally lower than those at many universities in Western Europe and North America.
To apply to the University of Szeged, students must have a high school diploma and a solid academic record. Additionally, students will typically be required to submit transcripts, proof of English proficiency, and possibly other supporting documents. It’s also important to note that the application process may vary based on the specific program, so students are encouraged to check with the university directly for specific requirements.
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Overall, the University of Szeged in Hungary is a highly respected and well-ranked institution for business studies, offering affordable tuition and a variety of programs. However, it’s important for prospective students to make sure that they meet the necessary requirements before applying.
Cheapest Business Schools in Europe
The University of Split in Croatia
The University of Split in Croatia offers a variety of business-related programs at both undergraduate and graduate levels. The Faculty of Economics, Business, and Tourism at the university is the primary institution that offers business education.
In terms of rankings, the University of Split is ranked at number 581-590 in the QS World University Rankings 2021. It is also ranked at number 111 in the Times Higher Education Emerging Economies University Rankings 2021.
The University of Split in Croatia is ranked 10th on our list of the Cheapest Business Schools in Europe, and Tuition fees start at approximately €1,000 per year.
The tuition fees for the undergraduate business program at the University of Split vary depending on the specific program and whether the student is from the European Union or not. On average, EU students can expect to pay around 1,000 EUR per year, while non-EU students can expect to pay around 7,000 EUR per year.
To be eligible for the undergraduate business program at the University of Split, students must have completed their secondary education and hold a high school diploma. Additionally, they must meet the specific requirements set by the university, which may include passing an entrance exam or having a certain grade point average.
The requirements for the graduate business program at the University of Split are similar, with students being required to have completed their undergraduate education and hold a bachelor’s degree. Additionally, students must meet the specific requirements set by the university for the specific program they wish to enroll in.
Overall, studying business at the University of Split in Croatia offers students a quality education at a relatively affordable cost. However, students should keep in mind the relatively low rankings of the university and the specific requirements they need to meet to be eligible for the program.
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