Cheapest Country to study MBA for Indian students

When you talk about that study abroad on a budget, then sounds unbelievable, am I right? Are you curious about studying MBA at an affordable price and overseas?

Here we discussed everything related cheapest Country to study for MBA for Indian Students. Many countries are decreasing their tuition fee to attract international students. 

The world of higher education is constantly changing. It’s a competitive and fast-paced environment where the ability to adapt and innovate quickly is a key success factor.

An ever-growing population of students looking for the best education abroad but at an affordable price.

Many universities abroad offer a wide range of courses and programs, so the Country has become a popular destination for international students.

In this blog, we have covered the cheapest Country to study for MBA for Indian students.

Tuition Fees for Cheapest Country to do MBA

There are many factors to consider when choosing a country to study MBA. The cost of living and tuition fees are two important considerations.

While there are many expensive countries to study MBA, there are also some cheaper options. 

The first thing to consider is the country’s cost of living.

It’s good to know what the cost of living is so that you don’t spend all your money on rent and other expenses.

You can find this out by looking at the average salary of the people in the country. Another thing to consider is the quality of education.

If you are considering a university, make sure it has a good reputation. You can also look for scholarships.

The cheapest country to do an MBA

Many people want to study for an MBA but are unsure where to start.

Cheapest Country to study MBA for Indian students

It’s understandable to be confused because choosing a university and deciding on the right course can seem like an intensive task.

However, Here is a list of the cheapest countries to study for an MBA for an Indian student maybe this would be helpful for you.

1. Germany

Because the majority of German universities currently provide courses in English, more students in Germany are enrolling in MBA programs.

Germany has the largest economy in Europe and is among the top 10 nations that provide MBA graduates with the highest-paying employment.

Over 70% of students enrolled in many German colleges come from other countries, with a considerable part coming from India on study abroad scholarships.

Therefore, the price of an MBA in Germany might range from €19000 to €45000. Germany has a monthly cost of living that ranges from €850 to €850 depending on the city.

So, it is the least expensive country to enroll in an MBA program.

Top Universities for MBA in Germany

  • Frankfurt School of Finance and Management
  • HHL-Leipzig Graduate School of Management
  • University of Cologne- Faculty of Economic and Social Science, Management

2. Sweden

Students with an internal or external Swedish residence visa are not required to pay application or school fees in Sweden.

Therefore, it is not essential for students who are citizens of the European Union, European Economic Area,

or Switzerland to pay the tuition and application fee. Sweden is also the nation with the cheapest MBA programs abroad. As a result, the cost of living throughout Sweden may be SEK 12,000 per month.

You can also read Is it better to study in India or abroad?

Top Universities

  • SSE Stockholm School of Economics
  • Stockholms Universitet
  • University of Gothenburg
  • Uppsala Universitet

3. United Kingdom

The United Kingdom is another popular destination for MBA programs among Indian students.

The UK offers world-class education, and there are many job opportunities available for graduates. However, the cost of living and tuition fees in the UK can be quite high.

Therefore, it is important to consider all of these factors before making a decision about which country to study MBA in.

Top Universities

  • University of Oxford, Saïd Business School
  • University of Cambridge, Judge Business School
  • Warwick Business School (WBS)
  • Kingston Business School

4. Norway

Norway is a good option also for studying for the MBA.

It is one of the countries which don’t take fee charges for foreign or the citizens this attracts international students to study in this country and also offers courses in the English language.

And you must be happy knowing that this country is a hometown for the students who want to study MBA abroad on a cheap budget.

Then this country is one of the best options for those.

Top Universities

  • BI Norwegian Business School
  • NHH-Norwegian School of Economics
  • University of Oslo
  • University of Agder

5. Spain

Spain is also a reliable country for international students to study.

The reason for this is that it is a very peaceful country, easygoing and also a foreign-friendly environment.

It offers Cheapest MBA for international students. So, the cost of doing an MBA in Spain is 960- 1800 EUR per year. So, the cost of living in Spain is 900-1100 EUR per year. 

Top Universities for MBA in Spain

  • Stockholms Universitet
  • University of Gothenburg
  • LUSEM – Lund University School of Economics and Management
  • Blekinge Tekniska Högskola · Blekinge Institute of Technology

6. Canda

Canadian universities have strong links with industry, which means that MBA graduates can easily find good jobs after graduation.

This is also the best place for international students because of its friendly environment, excellent quality of living, and also the most essential factor is that affordable study.

Canadian MBA will set you back between CAD 30,435 and CAD31,856 annually. Therefore, the annual living cost in Canada is 12,000 CAD.

Top Universities

  • University of Waterloo
  • Western University
  • University of Toronto
  • Simon Fraser University
  • University of Calgary
  • Western University

7. China

China is another excellent option for students looking to study MBA. The average tuition fee is just $10,000, and the cost of living is relatively low.

Additionally, China offers several scholarships for students from developing countries.

Top Universities

  • Tsinghua University
  • Peking University (Gunghua) 
  • Shanghai Jiao Tong University
  • Fudan University – Full-Time International MBA

The country with Best Higher Education System

 Many factors make a country’s education system the best in the world. Each country has unique strengths and weaknesses, from the quality of teachers to the availability of resources.

However, there are a few key points that tend to make up the best higher education systems. Here are four of them:

 1. A strong commitment to education

One of the most important things that make a country’s education system great is a strong commitment from the government and society to invest in education.

In countries with the best higher education systems, education is seen as a top priority, and ample resources are allocated accordingly.

This commitment manifests itself in many ways, such as high funding levels, well-developed infrastructure, and support for research and development.

 2. A diverse range of educational opportunities

Another key ingredient of the best higher education systems is a diverse range of educational opportunities.

In addition to offering traditional university degrees, many of the world’s top education systems also provide vocational training and other alternative programs.

This diversity ensures that there is something for everyone and that all students can find a program that meets their needs and interests.

 3. A focus on quality

In the best higher education systems, there is a strong focus on quality. This means that tough standards are in place for both students and educators.

In addition, institutions are regularly evaluated and held accountable for their performance.

As a result, students in these countries can be confident that they are receiving a high-quality education that will prepare them well for the future.

 4. A global perspective

Finally, the best higher education systems have a global perspective.

This means that they are open to students from all over the world, and their curriculum is designed to give students a global perspective.

In addition, institutions in these countries typically have strong relationships with foreign universities, which allows for exchange programs and other opportunities.

These four main features are present in all of the world’s top higher education systems.

Countries may develop an educational system that satisfies the requirements of all students and qualifies them for success within the global economy by focusing on these areas.

Final Words | Cheapest country to study for Indians

Choosing the right country to study MBA is an important decision. Students should carefully consider all factors before making a decision.

The cost of living and tuition fees are two essential considerations.

However, there are many other factors to consider, such as the quality of the program, the reputation of the school, and the job prospects after graduation.

 All of these countries offer excellent education at very affordable prices. In addition, there are numerous job opportunities available for MBA graduates in these countries.

Therefore, Indian students should consider these factors before choosing a country to study MBA in India


In conclusion, an MBA in India is an excellent choice for Indian students on a budget. With affordable tuition and plenty of financial aid options,

Indian students can get a world-class education without breaking the bank. So if you’re looking for a cheap place to study MBA, India is a perfect choice.

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