MiM programs do not need to break the bank. In Europe, home to many of the world’s highest ranking business schools, there are bargains to be had for prospective students.
They will need to factor in living costs, as MiMs are predominantly delivered in person. The cost of living can be high in major European capitals such as Paris and London.
Many schools offer scholarships that offset the cost of tuition, especially for international students, who are often required to pay higher tuition rates than domestic candidates.
At some schools in the Nordic countries, there are no tuition fees at all, thanks to generous government subsidies for higher education that allow schools to run their degrees at cost, with only a small administration fee charged, even for international students.
Ultimately, the return on investment is high, given that alumni of these MiM programs typically earn a six-figure salary three years after graduation.
The MA in Strategy and International Management, in the German-speaking region of Switzerland, is priced at CHF 9,987 for overseas students and CHF 4,287 for Swiss nationals. St Gallen is one of Europe’s top business schools; it has been ranked first in the masters in management rankings by the Financial Times for several years running.View School Profile
Mannheim Business School in southwest Germany on the Rhine river offers an uber affordable MiM course. International students from non-EU countries pay a tuition fee of €6,000 for the two-year program. For domestic students, the fees are just €2,600. The return on investment is high, given that alumni earn $100,878 on average three years after graduation.View School Profile
HEC Lausanne in French-speaking Switzerland offers a Master in Management priced at just CHF 2,320, with reductions for those domiciled in the Swiss Canton of Vaud. The curriculum has four key focus areas: Business Analytic; Strategy, Organization and Leadership; Marketing; Behavior, Economics and Evolution.View School Profile
POLIMI Graduate School of Management offers some 40 different masters programs each year, including in subjects such as innovation and entrepreneurship, business analytics and big data. Tuition fees for European Economic Area students range from about €889 to €3,892 each year. For students outside this economic zone, but living in Italy, the fees are the same.View School Profile
IÉSEG School Of Management runs an MSc in International Business that is taught in English, and delivered on campus in Lille or Paris. The course is priced at €16,500, with no difference between tuition for French and international students at IÉSEG. The school offers large numbers of scholarships valued at up to €5,000 for students who can demonstrate academic excellence or leadership potential.View School Profile
France’s KEDGE Business School offers a wide array of master’s degrees in management, such as the MSC in Data Analytics for Business, which costs €19,900. The MSc in Corporate Finance costs €16,500. KEDGE is big on scholarships, with 45 percent of international students typically granted an award each year.View School Profile
NHH Norwegian School of Economics in Bergan, Norway, is a publicly funded university and charges no application or tuition fees, aside from a registration fee of NOK 800 (around €80) per semester. The school offers an Msc in Economics and Business, that has specializations in a wide array of areas such as energy, brand management, accounting and business analysis.View School Profile
The tuition fee for the Master in Management at the Maastricht School Of Management, in the Netherlands, is €16,000, with a €2,000 ‘early bird’ discount for those who apply by early May. Maastricht focuses on experiential learning, with MiM students taking part in a consultancy project, in which they solve a real challenge for a corporation as part of the course.View School Profile
At Sweden’s Lund University School of Economics and Management, EU/EAA citizens are not required to pay tuition fees. International students pay SEK 130,000 (about €12,500) for the master’s program in management at Lund. Students on this MiM course can apply to spend time abroad at one of the school’s top-ranked partner universities, to further develop their global perspective.View School Profile
In Lisbon, the Nova School is the most prestigious Portuguese management institute. Its Master’s in Management program costs €12,150 for 18 months of tuition. The school prides itself on the international diversity of its participants, who come from more than 35 different nationalities, enriching the learning experience through group discussion.View School Profile