unischolars blog

Personalised Study Abroad Counselling For Indian Students

6+ Countries

600+ Universities

3M+ Users

30K+ Students Counselled

Personalised Study Abroad Counselling For Indian Students

6+ Countries

600+ Universities

3M+ Users

30K+ Students Counselled

Affordable Country to Study MBA For Indian Students 2024

affordable mba abroad for indian students

MBA is the course one must choose to become a master of management. This course gives students incredible opportunities to understand how a team must be managed efficiently. With an increased demand for managers at an international level, the need for affordable MBAs is at an all-time high. At this point, Indian students need an affordable MBA abroad.

If you dream of doing an MBA abroad, this article will help you find the most affordable country to study in for Indian students. Many universities across the globe provide MBA courses at reasonable tuition fees. Initially, you will face issues finding these universities, but we are here to help you with a list of affordable MBA colleges abroad for Indian students.

List Of Affordable MBA Abroad For Indian Students!

Many popular colleges worldwide offer MBA courses, but their fee structure needs to be lowered. Only some qualify for a scholarship or can avail of a loan. In that case, an MBA with low-cost tuition is the answer. While there are too many affordable countries to study for an MBA, Indian students need quality research-based education. Below is a list of the top ten affordable MBA colleges abroad for Indian students where you can go to get your dream courses.

Affordable MBA Abroad For Indian Students 
CountryTuition Fee Range (per year)Top UniversitiesCost of Living Range (per month)
CanadaCAD 30,435 – CAD 31,856Memorial University of NewfoundlandCAD 1,000
McGill University
The University of British Columbia
University of Alberta, Wilfrid Laurier University
Simon Fraser University
ChinaRMB 188,000 – RMB 438,000Peking UniversityRMB 3816
Tsinghua University
Shanghai Jiao Tong University
Southwestern University of Finance and Economics
Renmin University
Shanghai University of Finance
SwitzerlandCHF 28,500 – CHF 70,000Swiss Federal Institute of Technology Zurich University of St.GallenCHF 1,850
University of Zurich
University of Lausanne
EU Business School
American University
Germany€19,000 – €45,000Humboldt Universität€850
Berlin School of Economics & Law
University of Hamburg, Grenoble Ecole de Management
Munich Business School
HHL Leipzig Graduate School of Management
NorwayNo Tuition FeeBI Norwegian Business SchoolNOK 12,352
NHH – Norwegian School of Economics
The Norwegian University of Science and Technology
University of Oslo
University of Agder
Ireland€8,000 – €30,000University College Dublin€590 – €1,000
Trinity College Dublin
University College Cork
University of Limerick
Dublin City University
Dublin Institute of Technology
Irish Management Institute
Netherlands€12,000 – €54,000University of Amsterdam€800 – €1,100
Maastricht University
Erasmus University Rotterdam
Nyenrode Business University
Hanze University of Applied Sciences
Rotterdam University of Applied Sciences
SingaporeSD 28,000 – SD 72,000Nanyang Technological UniversitySD 1,400
National University of Singapore
Singapore University of Technology and Design
Singapore Management University
James Cook University
France€14,930 – €89,000HEC Paris€600 – €800
INSEAD – Europe Campus
EMLYON Business School
ESSEC Business School
EDHEC Business School
SKEMA Business School
SwedenSEK 330,000SSE Stockholm School of EconomicsSEK 12,000
Stockholms Universitet
University of Gothenburg
LUSEM – Lund University School of Economics and Management
Blekinge Tekniska Högskola
Blekinge Institute of Technology

These were some countries where you can go for an MBA programme at very reasonable prices. These countries assure best streams In MBA for Indian students at low cost.

MBA Abroad Eligibility Requirements

A student wishing to pursue an MBA must meet all the eligibility criteria the institution sets. There are three types of eligibility criteria: the first and foremost is an academic qualification, the second is work experience, and the third is a language requirement. Check them out here: 

Eligibility CriteriaDetails
Academic QualificationsBachelor’s degree from a recognised university or institution
Minimum GPA or equivalent grade requirement
Entrance exam scores (such as GMAT, GRE)
Work ExperiencePreferred but not always mandatory
Duration and type of work experience required may vary depending on the programme or school
Some programmes may require a certain number of years of professional experience
Language ProficiencyEnglish proficiency test scores (such as TOEFL, IELTS)
Some programmes may require proficiency in additional languages

Total Cost Of Studying MBA Abroad 

Studying in your dream college is not an easy feat; several obstacles can be overcome. You have planned it very early.  While cost is vital in tuition fees and living expenses, different countries and colleges have distinct fee structures. The cost of an MBA abroad can be an essential aspect. Different types of costs come under this category. 

Pre-Arrival Expenses

A student will have to consider the application costs, which often become a big part of financing. The following can be the approximate costs. 

IELTS registration feeINR 17000
TOEFL registration feeINR 16900
GRE TestINR 15700
GMAT Test INR 21000
Airfare, depending on the destinationINR 30,000 to 120,000

Application Fees For Colleges 

Students will have to be prepped with an application fee for the number of colleges they are interested in. Generally, a student applies to five colleges at a minimum.

CountryApplication Fees
Canada50-250 CAD
China$50-$150 USD
Switzerland100-250 CHF
Germany0 to €75
NorwayFree of change 
France80 EUR
Netherland€75 to €100
Singapore$10 to $30
Sweden900 SEK

Visa Application Fees Abroad 

It is vital to know that visa application fees are one of the significant costs students need to pay before taking off. Foreign countries have different requirements regarding visa types and processes.

VISA TypeApplication Fee
F1, M1 and J1 visa types (Canada)
CAD 150
X1 Visa (China) 
339.06 Yuan
D visa (Switzerland)
88 CHF
German student visa (Germany)
Norway student Visa (Norway)
NOK 4,900 to NOK 6,500
D study visa (Ireland)
80 EUR
Schengen Visa- VVR (Netherland)
80 EUR
EUR 132

Insurance Cost For International Students 

When you study abroad, you will have to pay for health insurance, which is different from one country to another.

  • If you want to go to Canada, you must spend around 600 to 900 CAD. 
  • For Germany, you will have to pay between €80 to €100 per month
  • Students need 200 – 400 CHF in Switzerland. 
  • In the Netherlands, you will have to pay  120 EUR per month. 
  • USD 250 is required for health insurance annually in Norway  
  • International students in China have to pay an average of 600 CNY. 

How To Reduce Your Cost Of MBA Abroad?

Usually, an MBA abroad requires solid financial backing because it requires a lot of money from students to pursue. However, if you don’t have a financial backup or a limited amount, you can follow the steps to reduce the cost of an MBA abroad. These are some tremendous options for MBA in abroad for Indian students at low cost. 

  • Choose an average school to pursue your MBA.
  • Select a shorter programme to reduce costs.
  • Apply for scholarships.
  • Do part-time work during your studies.
  • Select the cheapest accommodation near your college.


Where can we go for affordable MBA abroad for Indian students?

Among too many options, Germany, Sweden, the UK and the USA are the best countries to study MBA for Indian students. Many of the schools in Germany do not change the tuition fee. Generally, you have to pay 150 EUS semester fees.

Which country is the best for MBA study?

Usually, every institution provides quality education, but according to the data, the USA and UK are the best options for MBA study for Indians. 

In which country is the MBA salary the highest?

The USA and the UK are known for their higher placements, but apart from them, Switzerland is at the top of the list for providing high packages to MBA students. Their average base salary is around US$123,500.

Which countries are best for affordable mba abroad?

Generally, Indians are living and working across the globe. But the USA, Canada, the UK, Australia, and Europe are the best countries to study abroad. 

Why should I consider studying for an MBA abroad?

Indian students have plenty of benefits from studying abroad. They can get access to high-quality education with advanced techniques and experienced facilities. After completion, you can achieve diverse career opportunities. 

How can I secure financial assistance for my MBA abroad?

You can secure your financial assistance for an MBA abroad in several ways. You can get a loan from banks or try to get scholarships to pursue the best streams in MBA. 

1 thought on “Top PGDM Courses In Canada: Universities, Specialisations & Eligibility”

  1. I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further

Leave a Comment

Your email address will not be published. Required fields are marked *

Top Study Abroad Destinations

Recent Posts

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top

Share this blog

affordable mba abroad for indian students

Affordable Country to Study MBA For Indian Students 2024

🚀 Over 30K students have realized their study abroad dreams with our expert counselling!