Last Updated on February 20, 2021 by Rubayet Al Sami

One of the most pursued courses in the world is the MBA or Master of Business Administration. By Pursuing an MBA degree, students can perform well in business life. In this article, you will know about 5 cheapest countries to study MBA.

5 Reasons to Study for an MBA

1. Acquire new skills and new perspectives.

2. Advance your career.

3. Increase your earning potential.

4.Open up global employment opportunities.

5. Grow your professional network.

Cheapest Countries to Study MBA

Cheapest Countries to Study MBA

1. Germany

German government bears all the financial costs of public universities. That’s why the university authority does not take any tuition fees from students as their educational expenses.

But in Germany students have to pay a fixed amount of money as an administration fee. In return, the university provides them a card to visit the university’s local state free of cost. Germany is the cheapest country for MBA.

2. Norway

In Norway, public universities do not charge tuition fees from local or international students. But students only have to pay a fixed amount of money as semester fees of around €40 to €80 per semester.

In return, this semester fee will give you a membership to the student union and it will also give you counseling and sports facilities, health services. Norway is one of the cheapest countries for MBA.

3. Iceland

In Iceland, public universities do not charge tuition fees from EU or non-EU students. In Iceland, public universities only charge the administration fee. But in Iceland, private universities charge tuition fees from both EU and non-EU students.

4. Malaysia

Malaysian universities provide quality education to students and its MBA courses are quite affordable as compared to other countries.

In Malaysia, the overall expenses are less and the tuition fees are less as compared to other countries like the USA, the UK, Singapore, Australia.

5. Sweden

Students who have Swedish citizenship, permanent Swedish residence permit, or temporary Swedish residence permit are not required to pay application or tuition fees.

If you also have citizenship in a European Union (EU) country, European Economic Area (EEA) country, or Switzerland, then you are not required to pay application or tuition fees.

At a glance, 5 Cheapest Countries to Study MBA.

1. Germany
2. Norway
3. Iceland
4. Malaysia
5. Sweden

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Read More

  1. 5 Best European Countries to Study and Work
  2. 10 Best European Countries to Study Abroad
  3. 10 Best Countries to Study MBA Abroad
  4. 5 Best European Countries to Study Masters Degree


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Rubayet Al Sami

Hi, I'm Rubayet Al Sami, founder of StudyConnexion. A website that provides authentic information about the Study Abroad and Careers.