MBA in Europe for Indian Students: Colleges, Cost & More

Why Pursue an MBA in Europe as an Indian Student?

Studying an MBA in Europe for Indian Students is more than just about academics; it’s about global opportunities, career mobility, long-term professional gains, and, much more specifically, cultural exposure.

When you complete your studies at top MBA colleges in Europe, you get a unique and compelling blend of global exposure and academic rigour that you might not get anywhere else. Below are a few more reasons why you should pursue an MBA in Europe as an Indian student:

1. In Europe, MBA programs are generally shorter and much more cost-effective. This makes them affordable and offers a high return on investment for Indian students.

2. While quality education is a primary goal for any Indian student, getting global exposure and networking opportunities can greatly enhance your mindset. Additionally, you will gain real-world experience that can make a big difference in your career.

3. In addition to the reasons above, most top MBA colleges in Europe have strong alumni networks and international relations, which can be invaluable in career growth.

4. Many European companies have a strong presence in the global market, which can help you build an international career.

5. Lastly, you can even pursue an MBA without GMAT in Europe. Many European business schools ditch their GMAT requirement for students who have exceptional academic and professional backgrounds.

Top MBA Colleges in Europe

An MBA degree is the door to a flood of opportunities in your career. Hence, choosing the best college is vital to your overall growth and success. Listed below are the best 10 business schools in Europe:

1. HEC Paris
2. London Business School
3. IE Business School
4. INSEAD
5. IESE Business School
6. Esade Business School
7. Said Business School
8. Judge Business School
9. Imperial College Business School
10. SDA Bocconi School of Management

These are the top 10 institutes of MBA in Europe for Indian students. However, you can also use our College Finder tool for shortlisting the university that ideally matches your needs. Now read below to know their eligibility and admission requirements in detail as this will help you to apply for the institute without much challenges.

Eligibility & Admission Requirements for Indian Students

Gaining admission to top MBA Universities & Business Schools in Europe requires meeting specific academic and professional criteria, along with following admission requirements. This section outlines the key factors involved:

Eligibility Criteria:

The eligibility criteria for pursuing MBA in Europe for Indian students varies according to the university, below you will learn about some common eligibility criteria:

• An equivalent bachelor’s degree (3- a year or 4-year course).
• The minimum age must be 21 years.
• Basic knowledge of the European language is a must.
• Some institutes conduct their entrance test exams for MBA admission.
• Minimum 60% academic score for Indian students.

Are You Still Confused About the MBA Institute You Should Opt For?

Book a Expert Call

Admission Requirements

Following the admission requirements list mentioned for top MBA courses in Europe, look below:

• Applications are filled out online.
• Students just need to scan and convert the mandatory documents in PDF or JPG format.
• Upload the documents online
• Some universities run a personal online application platform.
• After submitting the documents, the student gets an email to confirm receiving documents.
• This indicates that the application has entered the selection process.
• The university responds to the student within a few weeks after submission.
• Students must apply for the course within the deadline as delayed applications are not accepted.

These were the list of eligibility and admission requirements to get enrollment in MBA in Europe for Indian students. Now look below to know about the fees of European MBA colleges for Indian students in detail.

Useful Link: Course Finder

Cost of MBA in Europe for Indian Students

Leading business schools in Europe include INSEAD, London Business School, IESE, HEC Paris and ESADE. These universities offer diverse international cohorts, with up to 90% international students at INSEAD. In addition, high employment rates, with 93% of London Business School Graduates employed within three months.

Here’s an overview of the best European business schools, and their respective annual tuition fees:

This was the table of the top institutes of Europe MBA fees for Indian students. Now read below to know the available scholarship options to cover these high-cost course fees.

Also Read:  Top 10 MBA Specializations

Duration of MBA Programs in Europe

Most of the Top MBA colleges in Europe fees may be slightly higher, but they often offer one-year programs that help students re-enter the workforce more quickly. Additionally, students can explore other options that may offer different durations or fee structures based on their preferences and career goals.

1. One-Year MBAs: Some of the top MBA colleges in Europe, like HEC Paris and INSEAD, offer one-year MBA programs. These programs are just as intensive and comprehensive as any other longer MBA program, and they even follow a similar curriculum to that of a two-year program.

2. Two-Year MBAs: Two-year MBA programs are less common in European universities, but there are some courses available that you can choose from. A two-year MBA program is great if you want more time for reflection and exploration, and more opportunities for specialisation and internships.

3. Part-Time MBAs: If you do not want to quit working, then part-time MBA options are also available for you. These will allow you to complete your MBA while working.

4. Online MBAs: Lastly, you can also go for online MBAs which last from 18 months to several years and ge

Scholarships & Financial Aid in Europe for Indian Students

For Indian students looking to study top MBA courses in Europe, some of the most prominent scholarship and financial aid options include:

1. Erasmus Mundus Joint Master Degrees (EMJMD)

The Erasmus Mundus Joint Master Degree (EMJMD) is one of the most popular and prestigious scholarships for Indian students aspiring to study in Europe. It offers fully funded scholarships for selected and top MBA courses in Europe. The amount offers around €1,400 per month to students, and maximum scholarship of €33,600 for a 24-month study period.

Coverage: Tuition Fees, Travel Cost, Monthly Stipend and Insurance.

2. DAAD Scholarships (Germany)

The German Academic Exchange Service (DAAD) offers many scholarships for Indian students who wish to study in German. Moreover, it is available for postgraduate courses, particularly in fields like engineering, natural science and social sciences. The DAAD offers amount around €992 for Master's students and €1,300 for doctoral candidates,

Coverage: Tuition Fees, Living Expenses, Travel Allowances and Insurance.

3. The Inlaks Shivdasani Foundation Scholarship

The Inlaks Shivdasani Foundation offers scholarships to Indian students who have gained admission to top European universities. These scholarships focus on the PG program and are highly competitive. The amount offers around USD 100,000 to Indian students.

Coverage: Tuition Fees, Living Expenses and One-Way Travel Allowances

4. Chevening Scholarships (UK)

Chevening Scholarships (UK) is the flagship global scholarship program aimed at outstanding professionals from India and other countries. However, it is one of the best scholarships in the UK. Hence, it is ideal if you want to study for a one-year master’s degree at any United Kingdom university. The amount offers around £30,000 for a one-year program.

Coverage: Full Tuition Fees, accommodation, Travel Costs and Monthly Stipend.

5. Charpak Scholarships (France)

For Indian students aiming to study in France, the Charpak Scholarship is an excellent option. It is offered by the French Embassy in India, it supports students applying for undergraduate, master’s and PhD programs in French universities.

This scholarship offers monthly living allowance of €860 and tuition fees waiver of up to €5,000 .

Coverage: Tuition Fee waivers, living allowance, medical insurance and in some cases, assistance with visa costs.

6. The Orange Tulip Scholarship (Netherlands)

The Orange Tulip Scholarship is offered by Dutch universities in collaboration with Nuffic Neso India. It is available for Indian students applying to various master’s programs in the Netherlands. The exact offered amount varying depending on the university and the specific scholarship offered, but generally ranging around €10,000 to €16,000.

Coverage: Partial to Full Tuition Fees, depending on the university.

These were the scholarships available to cover Europe MBA fees for Indian students partly or fully funded. 

Looking for a Fully Funded Scholarship to Study MBA in Europe?

Get Expert Advice

Conclusion

Summing up, Europe hosts a renowned MBA program, offering diverse specializations and international exposure. INSED, London Business School and ESADE are top choices. Moreover, this program emphasises innovation, sustainability and global perspective, attracting a diverse cohort. In addition, an MBA in Europe for Indian students provides a unique blend of academic rigour and cultural immersion, preparing graduates for global leadership roles. But, if you are still confused about the university get help from a study abroad consultants, they will give you instructions on every step of your journey.

FAQs:

Ques.1 Can Indian Students Work While Studying MBA in Europe?

Yes, Indian students can generally work part-time while studying for an MBA in Europe. In addition, post-study work visas provide opportunities to gain work experience after graduation.

Ques.2 Which Are the Most Affordable Countries in Europe for an MBA?

Here are some of the most affordable countries in Europe to pursue an MBA includes:

• Germany
• Poland
• Portugal
• Spain
• Greece
• France
• Netherlands

Ques.3 Do Indian Students Need to Take GMAT for MBA in Europe?

Indian students are generally encouraged to take the GMAT for most top business schools in Europe. However, it is not strictly mandatory for all European MBA programs.

Ques.4 Can Indian Students Stay in Europe After Completing their MBA?

Yes, Indian students can stay in Europe after completing their MBA. Moreover, several countries offer post-study work visas that allow them to search for jobs and potentially settle down after graduation. In addition, a non-EU student can apply for a residency extension after completion of the MBA program.