MBA in Spain - Universities, Eligibility, Fees

Barcelona and Madrid have some of the best business schools in Europe, which makes Spain an ideal destination to pursue an MBA. Spain is known for its weather, vibrant culture and many other ways to fill your free time during your study in Spain. For MBA courses, your business school or university will ask for professional recommendations, and a CV and you will also have to submit your GMAT score with your application. Once you are accepted to a Spanish university you can apply for a student visa for a long-term stay in Spain, this visa will allow you to stay in Spain for more than six months to study.

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Highlights for MBA in Spain

Factors	Particulars/Statistics
Total No. of MBA Colleges in Spain	Approximately 10+ Colleges
MBA Cost in Spain	Tuition Fee: €19,000 – €40,000 per year Living Cost: €750 – €1,600 per month
Top Specializations	MBA Executive, MBA International, MBA Marketing etc.
Exams Required	GMAT, IELTS/TOEFL

Top 10 MBA Colleges in Spain

Here we will provide the list of top MBA colleges in Spain based on the QS Global MBA Rankings 2023.

University/College	QS Global MBA Rankings 2023
IE Business School Madrid, Spain	#7
IESE Business School Barcelona, Spain	#10
Esade Business School Barcelona, Spain	#17
Universidad Carlos III de Madrid Madrid, Spain	#111-120
EADA Business School Barcelona, Spain	#151-200
ECIS Business & Marketing School Madrid, Barcelona, Spain	#151-200
EAE Business School Barcelona, Madrid, Spain	#201-250
GBSB Global Business School Barcelona, Madrid, Spain	#201-250
ISDI Madrid, Barcelona, Spain	#251+

Popular MBA Specialization for Spain

MBA in Spain is a professional course and the duration of this course is 12 to 18 months. Spain offers a wide range of specializations in MBA. In this section, we list some of the most popular specializations in MBA in Spain.

• MBA Executive
• MBA International Business
• MBA Marketing
• MBA Finance

MBA Cost/Fee in Spain

The cost of the tuition fee in Spain is different in public and private universities. Public universities are a lot cheaper in comparison to private universities. Therefore, the cost of an MBA depends upon the type of university you choose to study. The cost of living depends upon your lifestyle, location of your university and type of accommodation. Here in this section, we will give the average cost of an MBA and living expenses in Spain.

• Tuition Fee: Depending upon the type of university you choose to study MBA, the average tuition fee is in the range of €19,000 to €40,000 per year.
• Living Expense: Depending on each individual lifestyle preferences, and travelling needs the cost of living in Spain may vary. However, the average cost of living in Spain is in the range of €750 – €1,600 per month.

Student Visa Cost

A student visa of Spain is a long-stay visa that allows you to stay in Spain for more than 3 months and pursue higher education. The cost of a student visa for international students other than in the USA and Canada is approximately $65.

MBA’s Requirements for Spain

There are several specialization programs for MBA. Therefore, the requirements for each course are different. However, the general requirements for studying MBA in Spain are as follows:

• A completed application form
• Official transcripts
• CV
• GMAT
• Letter of Recommendations (LOR)
• Essay
• Interview
• IELTS/TOEFL

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Work Permit After MBA in Spain

International students are allowed to work in Spain after the completion of their course. They need to apply for the “Post Study Work Permit” before 6 months of the expiration of their study visa. This visa allows you to stay in Spain for up to 1 year and seek a job or start a business.

MBA Scholarships for Spain

Scholarships are a major factor to consider while planning for your study abroad. Scholarships are provided by many universities in Spain on a merit basis. Other than that, there are several scholarships provided by other organizations to study abroad. For detailed and comprehensive information on the scholarships for international students please visit our website.

MBA Jobs & Salaries for Spain (ROI)

An MBA degree from Spain equips you with the knowledge, skills and global insights for success all over the world, throughout your career. The world’s leading companies approach MBA graduates from Spain because of the value they deliver in whatever sector they work in. The average salary of an MBA graduate in Spain is €52,000 per year. The popular companies where MBA graduates can work are:

• Amazon
• Glovo
• Airbus
• IBM Corp.
• Decathlon Group

Shreya Basu09-01-2023 01:18