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Best MBA colleges in Europe: Top Colleges, Fees, and More

best MBA colleges in Europe

Europe is at the top of its business education game by offering a large variety of master's in business administration programmes. Business schools immerse learners curriculums that focus on career goals and individual needs. Thus, with around 4,000 European universities and colleges to choose from in over 30 different countries, the best MBA colleges in Europe have always been the most sought after for international students.

If you are looking to explore a world of endless possibilities, the top MBA colleges will indeed serve your purpose. In this blog, we have discussed the best colleges for MBA in Europe with fees, rankings, best programs, and their admission requirements.  

Check out an overview of some of the top European business schools offering English-taught MBA degrees, according to prestigious European business school rankings.

Best MBA Colleges in Europe: A Snapshot

Europe's top MBA colleges offer international students unparalleled opportunities for career advancement. These institutions not only allow students to engage in part-time work alongside their studies but also encourage full-time employment during scheduled breaks. This combination of work experience and academic rigor makes the best MBA colleges in Europe a prime destination for students seeking to maximize their professional potential.

MBA Colleges in Canada Program Duration Full-time MBA Tuition Fees Full-time MBA Average Salary Average GMAT
London Business School 15-21 month €134,668 €106,212 700
HEC Paris Business School  16 months €98,000 €110,540 690
IE Business school  11-19 months €82,300 €113,000 680
Cambridge Judge Business School 12 months €80,829 €108,374 682
IESE Business School 15-19 months €105,000 €99,500 665
Insead Business School 10 months €99,500 €109,600 710
Said Business School (Oxford) 12 months €91,975 €98,396 666
ESADE Business school 12-18 months €77,500 ~€124,700 650
Imperial Business school  12 months €79,066 €80,169 690
SDA Bacconi Business school  12-15 months €75,000 €119,865 665

 

Best MBA Colleges in Europe: Top Programs in 2024

Europe is renowned for its diverse culture, rich history, and, notably, its world-class education system. Among the myriad academic offerings, the Master of Business Administration (MBA) programs stand out for their excellence, preparing the next generation of global business leaders. This guide delves into the 10 best MBA colleges in Europe, as ranked by QS, providing aspiring MBA candidates with essential information to make an informed decision.

London Business School

#2 Business School in Europe: FT European Business Ranking 2023

London Business School (LBS) offers a flexible MBA program with a duration of 15-21 months. Located in the heart of London, it is known for its diverse student body and strong global connections. One of the best MBA colleges in Europe, this MBA program is highly regarded worldwide, attracting students who seek to transform their careers. 

LBS offers an extensive alumni network, a wide range of electives, and opportunities for international exchanges. The program is designed for those looking to expand their global perspective and leadership skills. The program emphasizes practical experience through internships and consulting projects. 

Average GMAT 700
Average Work Experience 5.5 years
Full-time MBA Fees EUR 134,668
Average MBA Salary EUR 106,212
Program Deadlines

8th September, 2023

3rd January, 2024

25th March, 2024

Top Post-MBA Industries Consulting, Finance and Accounting, IT
Application Fees EUR 234
Useful Links Alumni | London Business School
How to apply | MBA | London Business School

HEC Paris

#5 Business School in Europe: Financial Times

HEC Paris is celebrated for its rigorous academic programs and its contribution to nurturing business leaders and innovators. Its 16-month MBA program is particularly noted for its excellence in strategy and leadership training.

One of the top MBA colleges in Europe, HEC boasts a high post-MBA salary, a comprehensive leadership program, and a vibrant campus life. The program offers a unique blend of theory and practice, with a strong focus on leadership development. Students have the opportunity to participate in international exchanges and fieldwork projects.

Average GMAT 690
Average Work Experience 2 years
Full-Time MBA Fees EUR 98,000
Average MBA Salary EUR 110,540
Program Deadlines

13th November 2023 | 11th December, 2023 | 15th January, 2024 | 12th February, 2024 | 18th March, 2024 | 15th April, 2024 | 20th May, 2024 | 17th June, 2024

Top Post-MBA Industries  Manufacturing, Technology, Consulting
MBA Application Fees EUR 200
Useful Links

Alumni

Application Requirements

IE Business School

#8 Business School in Europe: Financial Times 

IE Business School in Spain is renowned for its innovative approach to business education and its emphasis on entrepreneurship and diversity. Part of the elite MBA colleges in Europe, this is an 11 to 19 months program that is celebrated for fostering a culture of innovation among its students.

The program offers a flexible curriculum with a global focus, incorporating real-world challenges and opportunities for personalized career development. IE stands out for its entrepreneurial spirit, strong emphasis on technology and innovation, and a global network of alumni.

Average GMAT 680
Average Work Experience 6 years
Full-Time MBA Fees EUR 82,300
Average MBA Salary EUR 113,000
Program Deadlines Rolling Deadline
Top Post-MBA Deadlines IT, Finance, Luxury
MBA Application Fees EUR 150
Useful Links

Alumni

Application Requirements

Cambridge University (Judge Business School)

#2 University globally -QS World University Rankings 2024

Situated within one of the world’s oldest and most prestigious universities, Cambridge Judge Business School combines rigorous academics with a strong focus on entrepreneurial thinking and innovation. 

The 12-month MBA porgram at Cambridge Judge is known for its small class size, which ensures personalized attention, and its project-based approach, giving students hands-on experience. Further, its strong entrepreneurship center, access to a vast university network, and close ties to the tech and biotech sectors make Cambridge one of the best MBA colleges in Europe.

Average GMAT 682
Average Work Experience 6 years
Full-Time MBA Fees EUR 80,829
Average MBA Salary EUR 108,374
Program Deadlines 29th August, 2023 | 3rd October, 2023 | 8th January, 2024 | 11th March, 2024 | 7th May, 2024
Top Post-MBA Deadlines Consulting, Technology, E-Commerce
MBA Application Fees EUR 193
Useful Links

Alumni

Application Requirements

IESE Business School

#3 Full-Time MBA in the World: Financial Times

IESE, located in Barcelona, Spain, offers an MBA program lasting 15-19, and is celebrated for its humanistic approach to business education, preparing leaders who aim to make a positive impact on society. 

One of the top MBA colleges in Europe, the program emphasizes ethical leadership, global awareness, and a personalized learning experience, with opportunities for international exchange. IESE is known for its case method teaching, extensive global network with campuses on several continents, and strong corporate partnerships.

Average GMAT 665
Average Work Experience  5.4 years
Full-Time MBA Fees EUR 105,000
Average MBA Salary EUR 99,500
Program Deadlines 19th September, 2023
Top Post-MBA Industries Consulting, Finance, Corporate Management
MBA Application Fees EUR 200
Useful Links

Alumni

Application Requirements

INSEAD 

#2 MBA Programme 2023: Financial Times

With campuses in France, Singapore, and Abu Dhabi, INSEAD provides a fast-paced, 10-month MBA program. It's known for its intensive one-year MBA program, which attracts a diverse international cohort each year.

The program, among the best MBA colleges in Europe, offers a fast-paced, multicultural learning environment with a strong focus on leadership and business fundamentals. INSEAD's one-year format, diverse student body, and strong global alumni network are among its most notable features.

Average GMAT 710
Average Work Experience 6 years
Full-Time MBA Fees EUR 99,500
Average MBA Salary EUR 109,600
Program Deadlines 12th September, 2023 | 7th November, 2023 | 16th January, 2024 | 5th March, 2024
Top Post-MBA Industries Consulting, Finance, IT
MBA Application Fees EUR 250
Useful Links

Alumni

Application Requirements

Oxford Said Business School

#1 University for record eighth year in a row: 2024 Times Higher Education World University Rankings

Part of the Oxford University, Said Business School offers a 12-month MBA program that blends Oxford's rich heritage with a modern, innovative approach to business education. 

The Oxford MBA aims to develop responsible business leaders through a curriculum that emphasizes social and environmental impact. Said, one of the top MBA colleges in Europe, is noted for its strong focus on social entrepreneurship, the Oxford ecosystem, and a curriculum that integrates global challenges.

Average GMAT 666
Average Work Experience 5 years
Full-Time MBA Fees EUR 91,975
Average MBA Salary EUR 98,396
Program Deadlines 27th September, 2023 | 5th January, 2024 | 20th March, 2024
Top Post-MBA Industries Finance, Consulting, IT
MBA Application Fees EUR 176
Useful Links

Alumni

Application Requirements

Esade Business School

 #4 best Business School for Executive Education: Financial Times

Located in Barcelona, Spain, Esade Business School is celebrated for its commitment to innovation, social responsibility, and personalized education. Its collaborative and humanistic approach prepares students for global leadership roles.

Esade's MBA program, with a duration of 12-18 months, offers a flexible curriculum that can be tailored to each student's career goals, with a strong emphasis on innovation and entrepreneurship. Esade is known for its personalized career services, diverse and collaborative student body, and a strong emphasis on ethics and social responsibility, making it one of the best MBA colleges in Europe.  

Average GMAT 650
Average Work Experience 5 years
Full-Time MBA Fees EUR 77,500
Average MBA Salary EUR 124,700
Program Deadlines 5th October, 2023 | 23rd November, 2023 | 11th January, 2024 | 8th February, 2024 | 15th March, 2024 | 18th April, 2024 | 16th May, 2024 | 6th June, 2024 | 20th June, 2024
Top Post-MBA Industries IT, Manufacturing, Finance
MBA Application Fees EUR 135
Useful Links

Alumni

Application Requirements

Imperial College London (Imperial College Business School) 

#3 in Europe and #6 in the world -QS World University Rankings 2024

Imperial College Business School in London is known for its strong focus on science, technology, and innovation. It leverages its position within a leading STEM university to offer a unique MBA program that integrates business with technology.

The 12-month MBA program is designed for future leaders in innovation and technology, offering a comprehensive curriculum that covers business fundamentals alongside technology management and digital transformation.

Taking its place among one of the top MBA colleges in Europe, the school's strengths include its cutting-edge research, strong ties with the tech industry, and a focus on sustainability and responsible leadership.

Average GMAT 690
Average Work Experience 5 years
Full-Time MBA Fees EUR 79,066
Average MBA Salary EUR 80,169
Program Deadlines 25th September, 2023 | 15th January, 2024 | 18th March, 2024 | 7th May, 2024
Top Post-MBA Industries Finance, Consulting, Technology
MBA Application Fees EUR 176
Useful Links

Alumni

Application Requirements

Bocconi University (SDA Bocconi School of Management) 

#1  European B-Schools Ranking 2023, Bloomberg Businessweek

SDA Bocconi, located in Milan, Italy, is known for its rigorous academic standards, innovative teaching methods, and strong international orientation. It is Italy's top business school and ranks highly in global MBA rankings.

The MBA program at SDA Bocconi spans 12-15 months and is designed to equip students with a global business perspective, offering diverse specialization tracks and opportunities for international exchanges.

Highlights of the program include its location in Milan, a global fashion and business hub, a strong focus on luxury management, and extensive international networking opportunities.

Average GMAT 665
Average Work Experience 5.5 years
Full-Time MBA Fees EUR 75,000
Average MBA Salary EUR 119,865
Program Deadlines 15th April, 2024
Top Post-MBA Industries Consulting, IT, FMCG
MBA Application Fees EUR 120
Useful Links

Alumni

Application Requirements

Conclusion
Europe offers a plethora of options for ambitious business leaders seeking to advance their careers through an MBA. The 10 best MBA colleges in Europe listed here stand out for their exceptional academic rigor, diverse student bodies, and impressive career outcomes. By choosing a program that aligns with their career aspirations and personal values, students can embark on a transformative educational journey, poised for success in the global business arena.

 

What are the average GMAT scores required for admission into the best MBA colleges in Europe?

he average GMAT scores required for admission can vary significantly among the best MBA colleges in Europe. For example, INSEAD Business School, known for its intensive and diverse MBA program, has an average GMAT score requirement of around 710, which is among the highest. On the other hand, ESADE Business School offers a more flexible range, with an average GMAT score of around 650 for its applicants. It's important for prospective students to note that while GMAT scores are a crucial part of the application, colleges also consider other factors such as work experience, academic background, and personal essays.

What are the average MBA salaries for graduates from top European business schools?

Graduates from the best MBA colleges in Europe can expect competitive salaries that reflect the high quality of their education and the strong networks these schools provide. For instance, graduates from HEC Paris enjoy an average salary of EUR 110,540, while ESADE Business School graduates can expect an average salary of EUR 124,700. It's worth noting that salaries can vary based on factors such as the industry, location, and individual negotiation skills.

What are the top post-MBA industries for graduates of the best MBA colleges in Europe?

The best MBA colleges in Europe prepare students for successful careers across a wide range of industries. Graduates often find opportunities in consulting, finance, technology, and entrepreneurship, among others. For example, London Business School's MBA graduates commonly pursue careers in consulting, finance, and accounting, while IE Business School's alumni frequently enter IT, finance, and luxury sectors. The diversity of top post-MBA industries reflects the comprehensive and versatile education provided by these institutions, enabling graduates to thrive in various global business environments.

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Abhyank Srinet
Study Abroad Expert
Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
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