What is the Cost of MBA in Italy for Indian Students?
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MBA is a specialised course in Italy and the fee for MBA in Italy for Indian students can vary between a higher end to a lower end in terms of tuition fees. Italy MBA fees for Indian students can cost anywhere between €30,000 - €70,000 which is approximately INR 2.3 Lakhs to INR 66.17 Lakhs per year, minus the accommodation charges. Check out the article to understand everything about MBA in Italy and fee for Indian applicants.
MBA colleges in Italy have common fees for both domestic and international students, thus, while it's affordable for some, it may not be for others. There are options to pursue an MBA in Italy with various scholarship options as well. Check out this article to know everything about MBA fees in Italy for Indian students and how to cater to them as well.
- Italy MBA Fees for Indian Students
- MBA Fee in Italy Based on Course Type
- Is MBA Free in Italy for Indian Students?
- MBA Fee in Italy FAQs
Italy MBA Fees for Indian Students
MBA in Italy comes with lots of specialisation options, hence Indian students looking for experience come to Italy for an MBA. The most important aspect before pursuing an MBA in Italy is first the top universities offering the course and secondly, the cost of an MBA in Italy for Indian students. The following table summarises the top MBA offering universities in Italy along with the MBA fees in Italy:
| Italy Universities for MBA |
MBA Course Details |
MBA Tuition Fee in Italy for Indians |
|---|---|---|
| Duration: 1 year | Full-time Application fee: €120 |
INR 66,72,038 |
|
| MBA in International Management Duration: 10 - 34 months | Type: Full-time Application Fee: 180 |
INR 50,27,838 |
|
| Duration | Type: Application Fee: |
INR 39,69,346 |
|
| Duration 1 year | Type: Full-Time |
INR 35,54,770 |
|
| Duration 1 year | Type: Full-Time |
INR 30,87,269 |
|
| Luiss Guido Carli |
MBA Duration: 1 year | Type: Full-time Application Fee: €105 |
INR 26,46,231 |
| MIB Trieste School of Management |
MBA in International Business (MIB) Duration: 1 year | Type: Full-time Application Fee: €180 |
INR 22,05,192 |
| Swiss School of Management (Barcelona) |
MBA Duration: 1 year | Type: Online Application Fee: €200 |
INR 13,49,580 |
There may be other universities in Italy offering an MBA, this is just a brief on the top universities offering MBA in Italy which are popular among Indian students.
Check: Best Funding Options & Tips for MBA Abroad
Other Expenses Affecting MBA Costs in Italy
There are other expenses as well which affect the overall cost of an MBA in Italy for Indian students. On average, there are around €1,700 - €2,400 which will be required by an applicant to fulfill their living costs. The various expenses covered here include:
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- Housing costs: €800 - €1500
- Meals cost: €450
- Transport costs: €100
- Miscellaneous expenses: €350
Thus, these costs may slightly vary based on the applicant’s expenditure and paying capacities. Also, the MBA costs in Italy might vary based on the geographical location the applicant is going to be studying in. Read more about the cost of living in Italy for Indians.
MBA Fee in Italy Based on Course Type
There are three types of MBA courses offered in Italy and their fee also varies based on the type of program chosen. The fees of an MBA in Italy are usually the highest for a full-time course across private universities in Italy. Whereas, MBAs which are part-time or are online are usually lower in fee in comparison to a full-time MBA in Italy.
Let us check out the following table for a clearer comparison of the three different types of MBA fees in Italy for Indian students:
| Types of MBA in Italy |
MBA Fee in Italy based on Type |
|---|---|
| Full-time MBA in Italy |
€19,000 - €48,000 (INR 16.78 L - INR 42.3 L) |
| Part-time MBA in Italy |
Upto €37,000 (INR 32.6 L) |
| Online MBA in Italy |
€1,000 - €5,000 (INR 88,200 - INR 4.4 L) |
Thus, from the above-given data, it can be concluded that the cheapest MBA courses are the ones that are offered online in Italy. Plus, these are just the average costs and additional costs will also apply based on the applicant’s choice of accommodation. Also, check out in details of the cost of studying in Italy.
Is MBA Free in Italy for Indian Students?
No, MBA is not absolutely free for Indian students in Italy, but yes, there is a wide range of scholarships that are partially funded and can be availed by Indian students. Since the cost of an MBA in Italy for Indians is high, applicants can go for the following scholarships which are a mix of both university and government-funded:
- Bocconi University Financial Aid: Applicants are offered €14,000 per year for the Master’s program.
- Padua International Excellence Scholarship Program: Tuition fee waived with few more waivers.
- Politecnico di Milano Merit-Based Scholarships for International Students: Tuition fee is waived and €10,000 is offered additionally.
- Italian Government Scholarship for Foreign Students: Offered to those master’s applicants who are not beyond 28 years of age.
There are many other scholarships which can be availed to pursue a cheap and affordable MBA in Italy by Indian students. More information can be found here - Scholarships to Study in Italy.
There is also a possibility that Indian students find cheaper MBA options in Italy based on the university type, that is, cheaper MBA can be taken up in public universities of Italy in comparison to private universities of Italy. Hence, there are various options which can be considered in finding a cheap MBA in Italy. The applicants must not forget that the MBA in Italy cost is not just the tuition fee, but, also includes other miscellaneous costs as well.
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MBA Fee in Italy FAQs
Q. How much is an MBA in Italy?
A. Ideally, an MBA in Italy costs between €30,000 to €70,000 depending upon MBA from a public university in Italy or from a private university in Italy. The costs of MBA in Italy can vary based on specialisation offered as well. Thus, applicnats interested in applying for an MBA in Italy must check all fee and then proceed with the application process.
Q. Are there any scholarships for MBA in Italy for international applicants?
A. Yes, there are various scholarships in Italy for covering MBA fee for international studemts. Some of these include:
- ECSP Europe offers Excellence Grant of up to €9,000 and Merit-Based & Social Diversity Grant of upto €8,000.
- SDA Bocconi also offers full scholarships for MBA applicants based on merit.
- University of Bologna also offers various merit-based scholarships for MBA applicants.
Q. How to get full scholarship for MBA in Italy?
A. To increase your chances of securing a full scholarship for an MBA in Italy, focus on:
- Academic excellence,
- Strong GMAT/GRE scores, and
- Compelling extracurricular involvement
Research universities offering scholarships, tailor your applications to highlight your unique strengths, and consider seeking assistance from scholarship consultants. Additionally, explore external scholarship opportunities provided by organizations and governments.
The below table compares the rankings, fees and acceptance rates of University of Pavia or the University of Bologna . Overall this information could be useful for students who are considering them.
Here is the comparison highlighting the differences between the Universities:
Name of The University | Ranking | Acceptance Rate | 1st Year Tuition Fee |
University of Pavia | #469 | 50% | INR 36K |
University of Bologna | #154 | 73% | INR 54K- 1L |
The University of Bologna MS fees is around INR 1 L - 4 L for first-year, which vary by specializations for international students. The table below includes popular MS specializations at the university with first-year fees:
| MS Specializations | First-Year Fees |
|---|---|
| Master in Artificial Intelligence | INR 2.73 L |
| Masters in Civil Engineering | INR 2.96 L |
| Master in Advanced Automotive Engineering | INR 2.96 L |
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The acceptance rate of Istituto Marangoni is around 80%. This means that the institute is not too selective at the time of granting admissions. As per an unofficial source, about 67% of BA students at Istituto Marangoni are international. If the acceptance rate is considered to be around 80%, then it means that students having a good academic background and meeting all the requirements have a higher chance of getting admission.