Studying business goes a lot more than just gaining a degree. In fact, anybody, with or without a degree could start a business. But without proper education by professionals and business experts, several businesses would not be able to thrive. This is what makes business schools a very important stage for any professional businessman and entrepreneur.
As a result of this, business schools know how important they are to the business community. So the cost of studying at a business school could be quite difficult for one who is just starting out. Several business schools charge several thousands of dollars per academic session. As such, they create a big divide, limiting students who need the education.
However, we have decided to make a list of the most affordable business schools in Europe. Particularly for students who prefer the eastern and warmer climate in some parts of Europe, this list will bring to your attention the 10 most affordable business schools in Europe. This list will also bring their tuition fees as well as the cost of living estimates. So get your papers and begin to make your notes now, as we begin the 10 most affordable business schools in Europe.
Why Choose a Cheap Business School in Europe?
Many people evaluate prominent business schools with reduced tuition costs while deciding whether to get an MBA.
But there are some inexpensive business schools in Europe that provide top-notch courses.
Why enroll in a budget business program in Europe?
Most importantly, these institutions provide top-notch programs at a fraction of the price of other business schools.
Additionally, several of these institutions hold accreditation from prestigious agencies like the European Quality Improvement System and the Association to Advance Collegiate School of Business (AACSB) (EQUIS).
Most Affordable Business Schools In Europe in 2022
1. Athens University of Economics and Business (AUEB), Athens, Greece.
Athens University of Economics and Business (AUEB) began in 1920. It initially was the Athens School of Commercial Studies. However, the school saw a change of name in 1926 to the Athens School of Economics and Business.
Then in 1989, it became a university and got the name, Athens University of Economics and Business. This business school consists of 3 schools. This includes the school of business, the school of economics, and the school of informatics. Both graduates, as well as undergraduate degrees, are split into these schools.
The school has a great reputation for international language. As such, offers three international languages during every single semester program for students. And this language of option is also graded as part of the student’s cumulative GPA.
Tuition at the university varies by program type and degree in view. However, tuition is expected to be at about £10,000. Students at the university also enjoy special privileges with their student ID cards. Information on what kind of benefits and all more can be found on the website.
Haas School of Business [Review]
2. Zagreb School Of Economics and Management
Zagreb School of Economics and Management is a private business school in Zagreb, Croatia. Beginning in 2002, the school presently provides undergraduate and graduate education in economics, management, finance, marketing, and accounting.
This affordable business school is of high rating and quality. It has consecutively won the award of the best business school in Croatia. The school has also been ranked as the best business school in eastern Europe.
The school admits an average of 200 students yearly. This is just about 45% of the over 450 annual applicants.
A majority of 55% of ZSEM’s students are from Zagreb, whereas, about 20% are international students.
The tuition at the ZSEM is about £6,500-13,500 per academic year. The cost of living for an average student is usually about £700-900. And this is highly dependent on the student self.
3. Sant’Anna University, Pisa, Italy.
Sant’Anna is a government university in Pisa, central Italy. The university offers mixed courses programs. But its faculty of business is one of the most renowned affordable business schools in Europe. The university began in 1987, and presently accepts both local and foreign students into its dorms. Today, there are about 2000 students at this university. There are also about 100 administrative workers in the college.
The college is known for being friendly all over Europe for its cheap cost of study. This also includes scholarships as well as tuition waivers for international students.
However, the average tuition cost for an academic year is about £7,500. Cost of living, transportation, etc are all dependent on the student’s lifestyle.
4. Berlin Business School Of Economics And Law.
The Berlin School of Economics and Law is a public higher institution in Berlin, Germany. The school began in 2009 and today has over 14,000 students undergoing both graduate and undergraduate programs. As to this, the university employs the services of over 1500 expert educators as well as instructors. The school also has international student exchange programs between partner universities.
Tuition at the BSEL is usually between £12,000-15,000 per academic year. While the cost of living is about $650-1,500 each month.
Hankamer School of Business [Review]
5. Poznan University of Economics and Business School
The Poznań University of Economics and Business is a business school in the heart of Poznan, Poland. The school began in 1926 with 2 faculties but saw immense growth within its initial years. It was only a little while before the then Academy Of Commerce was taken over by the government. And today, the Poznan University of Economics and Business is one of the oldest and biggest schools in Poland.
Today, this business school has over 2500 academic and administrative staff. And as of 2014, the school had over 10,000 students in it. The school offers both undergraduate as well as a postgraduate education in business and economics.
The university has also made available courses in English, French, German, Russian, as well as Polish. These programs are available for beginners in the university.
Tuition for MSc and BSc programs at the university is about £5,500 per academic session. However, tuition waivers and several other factors could affect the eventual price. The cost of living per month is also dependent on the student but is at an average of $1300.
Other affordable business schools worthy of mention include;
6. Koc University, Istanbul, Turkey.
7. Accadis Business school, Bad Homburg, Germany.
8. Helsinki School of Business, Finland.
9. Hame University of Applied Sciences, Finland.
10. University of Vienna, Austria.
All these universities are those which we have selected as our top 10 affordable business schools in Europe. So if you are an aspiring student who wants a shot, we wish you good luck as you begin your search from here.
ESSEC Business School [Review]
FAQs Most Affordable Business Schools In Europe in 2022
With an average yearly cost of €7,000, Poland was named the most inexpensive European nation for international students by Study.eu in 2018.
This figure included the average tuition costs, rent, and cost of living.
Another excellent location for inexpensive universities in Europe is Vienna, Austria.
There is no tuition required at the University of Vienna; the sole cost is a processing fee of 730 Euros ($815 each semester).
Nearly 200 different programs are available, many of which are even taught in English.
While many nations provide simple permanent residence programs to foreign students who graduate from their colleges, Germany, Ireland, and the United Kingdom are among the top European nations that facilitate student immigration.
We Also Recommend
- Columbia Business School [Review]
- Georgetown Business School [Review]
- Fuqua School of Business [Review]
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