MBA in Russia for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Russia is an emerging study-abroad destination for international students and is home to top universities for MBA programs.Saint Petersburg State University, Ural Federal University, Belgorod National Research University, Moscow State University, etc., are some top B-schools in Russia according to the Shiksha Popularity Rankings 2025.
All the students who desire to study in Russia must provide a proof of English proficiency exams such as IELTS, TOEFL, PTE, and Duolingo English Test. Some other important entrance exams for MBA in Russia are GRE and GMAT.
Over 30,000 Indian students are currently pursuing their higher education in Russia. Among others, Medicine, Engineering, Business & Management, Computer Science, Data Science, Journalism, Robotics, Material Science, and Biotechnology are some of the best courses to study in Russia. For Indian students seeking jobs in Russia post-MBA,
Russia is an emerging study-abroad destination for international students and is home to top universities for MBA programs.Saint Petersburg State University, Ural Federal University, Belgorod National Research University, Moscow State University, etc., are some top B-schools in Russia according to the Shiksha Popularity Rankings 2025.
All the students who desire to study in Russia must provide a proof of English proficiency exams such as IELTS, TOEFL, PTE, and Duolingo English Test. Some other important entrance exams for MBA in Russia are GRE and GMAT.
Over 30,000 Indian students are currently pursuing their higher education in Russia. Among others, Medicine, Engineering, Business & Management, Computer Science, Data Science, Journalism, Robotics, Material Science, and Biotechnology are some of the best courses to study in Russia. For Indian students seeking jobs in Russia post-MBA, the top industries include Technology, Renewable Energy, Healthcare, Manufacturing, Construction, Agriculture, Aerospace, Tourism, Real Estate, etc.
MBA in Russia: Highlights 2025
The duration to study an MBA degree in Russia is 1 - 2 years. The admission to MBA in Russia is through Fall intake in September and Spring intake in February. Below mentioned are some of the other key highlights about pursuing an MBA degree in Russia for Indian students.
Parameters |
Statistics |
---|---|
Number of MBA Universities in Russia |
Over 10 |
Annual Tuition Cost of MBA Courses in Russia |
INR 2 L - 6 L |
Specializations |
Finance, Marketing, Investment Management, International Business, Healthcare Management, Innovation, Sustainability, Human Resource Management |
Entrance Exams Required |
GRE and GMAT |
English Proficiency Exams Required |
|
Work Permit |
A work visa is required to enter the Russian Federation for employment |
MBA in Russia: Rankings
Shiksha Popularity Ranking is a ranking system that simplifies the journey of choosing the best university for studying abroad. It aggregates the ranks of some of the top-ranking bodies with a clear number nationally, both at the university and course levels.
Mentioned below is the list of top MBA universities in Russia as mentioned in the prominent ranking body:
University |
Shiksha Popularity Rankings |
---|---|
#5 in Russia | #541 in the World |
|
Ural Federal University | #6 in Russia | #424 in the World |
#14 in Russia | #689 in the World |
MBA in Russia Admission Requirements
The entry requirements for admission to the MBA programs in Russia vary depending on the choice of university. Below are general admission requirements:
-A completed bachelor's degree from a recognised institution;
-A GPA of 2.5 or above;
-Academic transcripts
-English language proficiency
-Relevant full-time work experience
-GMAT score
-SOP
-Letters of recommendation (LORs);
-A resume/CV; and
-A motivation letter
-A copy of the passport and other ID
-Bank statements
-Passport-sized photos;
-Medical health insurance and potentially a negative COVID-19 and HIV test certificate
-Other university-specific requirements
Students must check out the table below to know more about the eligibility requirements to study at the best universities for MBA in Russia:
University |
IELTS Score |
Entrance Exams |
---|---|---|
Saint Petersburg State University |
Overall score of 6.5 or above |
GMAT score (not mandatory)
|
Ural Federal University | Overall score of 6.0 or higher | |
Belgorod National Research University | No minimum criteria |
|
MESI, Russia |
Varies |
MBA in Russia: Scholarships Offered
Opting to study abroad is a major step that student take for their career and managing the expenses, including the tuition fee and living costs, which play a deciding factor in this decision. Here is where scholarships come in and help students study in their dream college by cutting down a portion of their expenses. Here are some scholarships offered by the top universities in Russia that are available for international students:
- Narotam Sekhsaria’s Scholarships
- Hani Zeini Scholarship
- Unimoni Student Stars
- Erasmus Mundus Joint Master's Scholarships
- C. Mahindra Scholarships for Post-Graduate Studies Abroad
Acceptance Rate in Top-Ranked Universities for MBA in Russia
Acceptance rate and academics play a very crucial role when it comes to university admissions, and applicants must keep them in mind before applying to a university. Mentioned below are the acceptance rates of top MBA universities in Russia:
University |
Acceptance Rate |
---|---|
Saint Petersburg State University |
4% |
Ural Federal University | 70% |
Moscow State University of Economics, Statistics, and Informatics |
12% |
Is studying MBA in Russia Expensive?
According to the table listed below, the average annual tuition fee for pursuing an MBA in Russia is around INR 2 L - 3 L. Hence, this makes it extremely affordable to study MBA courses in Russia. Refer to the table below for the annual tuition cost required in the top B-schools in Russia:
University |
Shiksha Popularity Rankings |
---|---|
INR 6 L |
|
Ural Federal University | INR 3 L |
INR 2 L |
|
Moscow State University of Economics, Statistics, and Informatics |
INR 2 L - 3 L |
Comparing the Best MBA Universities in Russia
Check out a comprehensive comparison of the top MBA universities in Russia:
University |
Shiksha Popularity Rankings |
Acceptance Rate |
---|---|---|
#5 in Russia | #541 in the World |
4% |
|
Ural Federal University | #6 in Russia | #424 in the World |
70% |
#14 in Russia | #689 in the World |
- |
|
Moscow State University of Economics, Statistics, and Informatics |
Unranked |
12% |
MBA in Russia for Indian Students - Universities, Colleges, Fees 2025, Deadlines

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Commonly asked questions On MBA in Russia for Indian Students - Universities, Colleges, Fees 2025, Deadlines
Pursuing MBA in Russia is extremely affordable, with annual tuition fee as low as INR 2 L. On average, the annual cost ranges between INR 2 L - INR 6 L. Check out the table below for the annual tuition cost required in the top B-schools in Russia:
University | Shiksha Popularity Rankings |
---|---|
INR 6 L | |
Ural Federal University | INR 3 L |
INR 2 L | |
Moscow State University of Economics, Statistics, and Informatics | INR 2 L - 3 L |
Yes, Indian students need to submit an IELTS score to apply for an MBA program in Russia. The minimum scores required by some of the top universities are mentioned in the table below.
Particulars | Minimum Scores Required |
---|---|
Saint Petersburg State University | 6.5 |
Ural Federal University | 6.0 |
Belgorod National Research University | No minimum score mentioned |
As per the Shiksha Popularity Rankings, some of the top universities for MBA in Russia are as follows:
- Saint Petersburg State University: #5 in Russia | #541 in the World
- Ural Federal University: #6 in Russia | #424 in the World
- Belgorod National Research University: #14 in Russia | #689 in the World
Securing an admission to top MBA universities in Russia is a competitive affair, but not impossible. International students must fulfill the admission requirements listed below order to boost their chances of pursuing the course:
-Completed Bachelor degree from a recognised institution;
-Academic transcripts
-Proof of English language proficiency;
-Relevant full-time work experience (as required);
-Competitive GMAT score;
-A transcripts
-Proof1 href="https://www.shiksha.com/studyabroad/how-to-write-an-impressive-letter-of-motivation-applycontent12595">motivation letter
-A copy of the passport and other ID;
-Bank statements;
-Passport-sized photos;
-Medical health insurance and potentially a negative COVID-19 and HIV test certificate; and
-Other university-specific requirements.

We can fast-track your application in a week.

13.6K+ students got admitted through us.