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Best Study Abroad Destinations for Indian Students

Studying abroad presents an incredible opportunity for Indian students to gain cultural experience, improve language skills, and explore foreign destinations. With a plethora of options available, selecting the best study abroad destinations for indian students can be daunting.

To aid in this decision, here are some top best study abroad destinations for indian students.

Best Study Abroad Destinations for Indian Students

1: France

France is a top destination for Indian students looking to study abroad, offering some of the world's best universities for business studies. From small private institutions to large public universities, France provides diverse options. Renowned for its rich culture, diverse cuisine, and prestigious universities, France offers a perfect opportunity for students to further their education. 

Top Universities

EDHEC Business School, Skema Business School, HEC Paris, ESCP Europe, and Audencia Business School. EDHEC Business School is one of the leading universities in France for business studies and offers a variety of programs focusing on finance, management, and strategy. Skema Business School is also a popular choice, providing an international experience that has helped many students get jobs in major companies around the world. Some more are mentioned below:

University Course/Programs
ESSEC Business School, Paris MBA
Rennes School of Business, Rennes IMBA/Management
EMLYON Business School, Lyon International MBA
ISC Paris Business School, Paris MBA in International Business
Audencia Business School, Nantes International Business
IESEG School of Management, Lille International MBA

Cost of Living

In France, in addition to tuition fees, students are required to contribute 91 euros towards campus and student life. Tuition fees are typically paid by EU/EEA and Swiss students, with non-EU/EEA citizens possibly facing higher fees. Living costs vary by location:

Paris: 1,200 to 1,800 euros monthly
Nice: 900 to 1,400 euros monthly
Lyon, Nantes, Bordeaux, or Toulouse: 800 to 1,000 euros monthly
Other regions: at least 650 euros monthly

Eligibility

  • Bachelor's Degree- To pursue an MBA degree in France, students must fulfil certain prerequisite requirements. These include possessing a relevant bachelor's level degree or equivalent in a relevant subject area as well as obtaining a minimum score of 50% on the general admission test (MAT) offered by most universities to study abroad.
  • English Proficiency- Test scores demonstrating an adequate command of the English language are one of the prerequisites for international students interested in pursuing a Master of Business Administration degree in France. Before applying for admission to an MBA programme in France, make sure that you have your IELTS or TOEFL scores ready.
  • A GMAT / GRE score- Students must submit a score from either the GMAT or the GRE in order to be considered for admission to an MBA programme in France.
  • Work Experience-Students who wish to pursue a Master of Business Administration in France are required to have a minimum of three years of professional experience.

Courses offered

  • MBA in International Business
  • MBA Strategic Marketing
  • MBA Digital E-Business Marketing
  • MBA International Business & Supply Chain Management
  • MBA Management of Health Industries and more..

Scholarships 

Even though the tuition fees charged by French state universities are relatively low, some international students may still feel the strain of having to create a budget for everything. They are eligible for a variety of institutional and regional scholarship opportunities, including the following:

  • Ile-de-France Masters Scholarships
  • The Eiffel Scholarship
  • Erasmus Mundus Scholarships
  • Centrale Nantes Elite Scholarship
  • Emile-Boutmy Scholarship by the Paris Institute of Political Studies (Sciences Po)
  • The ISM Scholarships

Visa

There are several distinct categories of France student visas, each of which is determined by the total amount of time that will be spent receiving an education in France.

Visa de long séjour etudes (also known as a long-stay visa): If you wish to continue your education in France for more than six months, you must submit an application for a long-term student visa. Since 2013, this category of study visa covers the entirety of your enrollment in a school in France. The visas for extended stays, which also serve as residence permits, are referred to as VLT-TS.

2: Spain

Spain emerges as one of the best study abroad destinations for Indian students, offering vibrant culture, stunning beaches, and rich history. From Madrid to Barcelona, Granada to Seville, students can explore amazing cities with unique charms and educational opportunities. Whether it's learning the language, immersing in culture, or delving into history, Spain caters to diverse interests. Moreover, its natural beauty, from El Camino de Santiago to the Pyrenees Mountains, provides endless exploration. 

Top Universities

Spain is home to some of the world's most prestigious universities and also the best country to study abroad destination, offering an incredible range of degree programmes in a variety of fields. 

University Course/Program
IE Business School International MBA
ESADE Business School MBA
EU Business School  MBA- Entrepreneurship
IE University Tech MBA
Universidad Carlos III de Madrid MBA
IESE Business School MBA
Schiller International University MBA in International Hospitality and Tourism Management

Cost of Living

Studying abroad in Spain offers an exciting opportunity for Indian students. Despite its vibrant culture and stunning landscapes, it's crucial to understand the cost of living. Generally, students should budget around €8,000 - €10,000 per year, with significant expenses including accommodation (€500 - €750 per month) and food (€10 - €12 per day). Transportation costs (€2 - €3 per trip) and entertainment expenses should also be considered. Spain remains one of the best study abroad destinations for Indian students, offering enriching experiences alongside manageable living costs.

Eligibility

  • If you wish to pursue a Master of Business Administration from one of Spain's universities, you are required to hold either a relevant bachelor's degree or an equivalent degree diploma. In order to be eligible for an MBA degree in Spain
  • You are required to have at least three years of professional experience.
  • The GMAT is required for admission at the majority of Spanish educational institutions.
  • Either the IELTS or the TOEFL results are accepted as evidence of a student's ability to communicate effectively in English and are required for admission to Spanish universities.

Courses Offered

  • MSc in Finance
  • MSc in International Management
  • MSc in Marketing Management
  • Master in International Business Law and more..

Scholarships

A student's dream of studying in another country can be realised most successfully with the assistance of scholarships. Submitting an application to a programme that has a good reputation and is considered to be prestigious is beneficial, both academically and personally.

  • Sainsbury Management Fellowships 2023
  • Deusto Vizcaína Aguirre Grants Program In Spain 2022
  • HEST 2023- Higher Education Scholarship Test For Indian Students
  • EADA Business School - MBA Scholarships In Spain, 2022
  • MIT-Zaragoza Dual Degree Scholarship, 2019-2020
  • The University Of Barcelona Business School - European Talent Scholarships In Spain, 2022

Visa

  • Application form: An application for a visa must be filled out in its entirety, along with the applicant's signature, before it can be submitted. If the applicant is a minor, the application needs to be signed by either a parent or an appropriately authorised representative.
  • Photograph: A recent colour photograph, the size required for a passport, taken against a lighter background,
  • Documents: The applicant is required to submit both the original and a copy of the documents that attest to the fact that he or she (or the legal representative or relative that supports him or her) has sufficient financial means to cover the expenses of the student's stay and return, as well as those of the family members who will be accompanying him or her.
  • Study Visa: Visas are required for stays of more than ninety days if the traveller intends to study, train, intern, or volunteer. Additionally, au pairs and teaching assistants are eligible to apply for this visa.

3: Italy

Italy stands out as one of the best study abroad destinations for Indian students, offering superior education at significantly lower costs compared to its Western European counterparts. With a rich tradition of fostering culture and education, exemplified by the prestigious University of Bologna, Italy provides a range of English-taught degree programs.

Top Universities

Although it is well known as the best place to study abroad for schools of art and design, Italy is also a good choice for getting a master's degree in business administration (MBA). This is not only due to the presence of prestigious educational institutions but also to the fact that the cost of getting an MBA in Italy is much lower than in other countries. The following is a list of some of the most prestigious universities:

University Course/Program
Università di Pavia MBA
Università di Pisa International Business
LUISS Business School MBA
Bologna Business School MBA
Swiss School of Management Global MBA/Management

Cost of Living

Italy emerges as one of the best study abroad destinations for Indian students, offering a comfortable cost of living ranging between 700 and 800 Euros per month. Compared to other European nations, Italy provides affordable options for students to sustain their education comfortably. Additionally, cities like Bologna, Padua, Pisa, and Turin boast even lower living costs, ranging from 550 to 750 euros per month, making Italy an attractive choice for Indian students pursuing their MBA abroad.

Eligibility

  • A copy of the candidate's government-issued photo identification
  • The official transcripts of the certificates for the bachelor's degree
  • The student must have earned a bachelor's degree or its equivalent from one of the recognised universities in their home countries.
  • The student is required to finish the GMAT and have a score that qualifies for the test.
  • The appropriate amount of work experience required of the student ranges from one to three years, depending on the business school to which the student is applying.
  • If the student lives in a nation that does not have English as the native language, then the student is required to have scores that are valid on either the TOEFL or the PTE. The minimum score required is different for each business school that an individual applies to.
  • A recommendation or letter of support
  • Evidence of your command of the English language
  • Personal statement

Courses Offered

  • MBA in Sustainable Fashion Management
  • MBA in Sustainable Tourism Management
  • MBA in Finance and Responsible Investment
  • Global MBA Online and more..

Scholarships

The scholarship offered by the Italian government to international students provides an award of € 8,100 (a monthly allowance of € 900), in addition to waiving your responsibility to pay tuition and enrolment fees. Some financial aid by Italy government is as follows:

  • Invest Your Talent in Italy: Italian government scholarships for international students
  • EDISU Piemonte scholarships
  • Bologna University study grants for international students
  • Bocconi Merit and International Awards
  • Politecnico de Milano, merit-based scholarships for international students
  • Politecnico di Torino international scholarships
  • Scuola Normale Superiore PhD scholarships

Visa

  • Fill out the application for the visa.
  • The recent photograph and the correct size for a passport Documents that are valid for travel
  • Verification that accommodations have been reserved in Italy
  • Documentation from the candidate's financial institution demonstrating that they have sufficient funds to continue their stay in Italy
  • Certificate of health insurance that the Italian organisation accepts
  • Letter of acceptance that has been obtained from the university Receipt for payment of the visa application fee
  • A certificate stating that the applicant does not have HIV/AIDS or any other STDs is required.

4: Germany

Germany stands out as one of the best study abroad destinations for Indian students, offering a wide array of exceptional benefits. With top universities providing access to a broad curriculum, predominantly delivered in English, students can enjoy quality education without tuition fees. For Indian students seeking postgraduate, graduate, or undergraduate study abroad, Germany presents an excellent choice due to its world-class education system and diverse opportunities.

Top Universities

University Course/Program
Mannheim Business School

Full-time MBA/PGDM
Frankfurt School of Finance & Management
 
MIM/MBA/PGDM
WHU (Otto Beisheim)

Business and Management Studies
ESMT Berlin

Executive MB/PGDM
EU Business School MBA/MIM/PGDM

Cost of Living

Germany as one of the best study abroad destinations for Indian students, offering affordable living costs and diverse educational opportunities. The annual cost of living for overseas students ranges from 1,800 to 2,180 Euros (approximately 1.52 to 1.85 lakhs INR), while MBA program tuition fees at premium universities may vary from 20,000 to 40,000 euros (approximately 17.73 to 35.47 lakhs INR). Notably, pursuing an MBA at a public university in Germany often involves no tuition charges, with students required to pay only a semester fee ranging from 200 to 1,400 euros (approximately 17,000 to 1.25 lakhs INR).

Eligibility

  • The Master of Business Administration (MBA) programme in Germany is a comprehensive graduate degree that can be completed in one to two years and is taught in English.
  • To enrol in a Master of Business Administration programme in Germany, you must have a bachelor's degree or its equivalent from an acknowledged institution.
  • MBA programmes in Germany require applicants to have between one and four years of professional experience and a GMAT score of between five hundred and six hundred on average.
  • IELTS score: 6.5 or similar and TOEFL score: 87 or equivalent. The typical length of employment is seven years.

Courses Offered

  • Executive MBA
  • MBA in International Healthcare Management
  • Mannheim & Tongji Executive MBA
  • MBA International Management
  • MBA Management

Scholarships

It has been estimated that one would need approximately 934 euros per month to cover their living expenses in Germany. Because this can be a challenge for international students, some programmes give students the opportunity to apply for financial support in the form of a scholarship.

  • DAAD Scholarship Programs
  • Heinrich Böll Foundation Scholarships
  • DeutschlandStipendium National Scholarship Programme
  • Konrad-Adenauer-Stiftung Scholarships in Germany for International Students
  • Erasmus Scholarship Programs
  • The Friedrich Ebert Stiftung Scholarship

Visa

  • The regulations for obtaining a German visa state that a student is permitted to work either 90 days full-time or 180 days half-time during the course of an academic year.
  • If your educational programme is going to be more than three months long, you are going to have to get yourself registered with the state. Be sure to have the following documents with you when you go to apply for a residence permit.
  • Confirmation of your registration from the office that handles resident registration
  • Documentation proving that you are covered by either private or public health insurance
  • Identification from your German university as a student (certificate of enrolment)
  • If you did not give proof of financial resources when you applied for your entry visa, you will be required to do so now.
  • Valid passport with the appropriate visa.

5: Australia

Australia stands out as one of the best study abroad destinations for Indian students. Offering top-notch education and a high standard of living, Australia provides a unique geographical experience with its own continent and the world's largest country. With five of the top 30 student-friendly cities globally, including its capital Canberra, Australia attracts over a million international students annually.The country offers students the flexibility to live, learn, and grow at their own pace. Moreover, pursuing education in Australia not only enhances exposure but also anticipates a 15% annual career advancement for international students.

Top Universities

There are over 30 universities in Australia that are ranked in the top 100 universities in the world for their academics, placements, future prospects, and curriculums. Here are some of the best business schools:

University  Course/Program
Melbourne Business School MBA/MIM/PGDM
UNSW (AGSM) MBA/MIM/PGDM
Monash Business School Executive MBA/PGDM
Macquarie Business School Full-time MBA
UQ Business School MBA/MIM

Cost of Living

Australia consistently ranks among the best study abroad destinations for Indian students, offering a robust education system, high gross domestic product, and strong purchasing power parity indexes. Residents enjoy high incomes, excellent health awareness, a stable economy, and an outstanding medical system. While accommodation costs vary, independent living can range from AUD 1,000 to AUD 1,750 for a single-room unit. 

Eligibility

  • Virtually all universities in Australia recognise the three-year degree as meeting the requirements for entry into most postgraduate programmes.
  • Any questions regarding the application must be sent at least 12 to 15 months before the date that is being considered for admission.
  • The student is required to provide their IELTS and GMAT exam scorecards in the event that they are applying to an MBA programme best place to study abroad destination.
  • The minimum scores required on the IELTS and GMAT exams can vary from one educational provider to the next.
  • You may be required to provide work experience certificates or letters, mentioning the complete work details, if you are applying for a degree in higher education such as a doctoral programme or for an MBA degree.

Courses Offered

  • Master of Business Administration
  • Master of Business Analytics
  • Master of Banking and Finance
  • Global Executive Business Administration and more..

Scholarships

 The following is an extensive list of scholarship opportunities available to Indian students who are considering continuing their education in Australia, the best place to study abroad destination.

  • Australian Award Scholarship
  • Australian Government Research and Training Program (AGRTP)
  • Endeavour Postgraduate Scholarship Award
  • International Postgraduate Research Scholarships (IPRS)
  • Sydney Achievers International Scholarships by the University of Sydney
  • The University of Sydney International Scholarships
  • Adelaide Scholarships International by the University of Adelaide

Visa

  • You are required to pay visa fees totalling AUS $460 if you are a student from another country and coming to the best country to study abroad destination.
  • With a student subclass 500 visa, which became available on July 1, 2016, you will be able to remain in Australia Visa for the entirety of your educational programme, which is typically between one and five years, provided that your enrollment date is within that time frame.
  • It is expected that you will be enrolled in the desired academic programme in Australia.It is strongly recommended that you obtain Overseas Student Health Cover, also known as OSHC, before beginning your programme.
  • A demonstration of the welfare system that has been implemented in Australia (in case you are less than 18 years of age)

Conclusion

Indian students seeking to pursue a Master of Business Administration (MBA) abroad find it a highly desirable post-graduate degree, given the opportunities it presents with top-growing companies. Studying for an MBA in a foreign country provides exposure to international business practices, enhancing future career prospects.  While selecting the best MBA university abroad can be daunting, curated lists simplify the process, aiding Indian students in identifying top international educational institutions in prime study-abroad destinations.

Know Your Author
Photo of Rohit
Rohit Rajaram
Study Abroad Expert
Rohit is a results-driven individual with a strong background in Education Mentorship, Program Management and Business Development. Holding a Master's degree in Management from ESCP Business School in Paris, Rohit combines academic excellence with extensive industry experience. Throughout his career, Rohit has consistently delivered exceptional results, driving sales, increasing turnover, and achieving targets. Known for his strategic acumen, Rohit formulates and executes successful business strategies, enhancing operational quality, customer satisfaction and key bottonline drivers. As the Co-Founder of MiM-Essay, a leading Early Career Degrees application consulting company, Rohit has successfully mentored over 10,000+ students, enabling them to secure admissions in top-ranked schools worldwide with significant scholarships. Under his leadership, the company has maintained high-quality service and exceptional client satisfaction rates. With expertise in analytics, product development and business excellence, Rohit has successfully driven the success of various initiatives. Committed to constant innovation, he is expanding the company's offerings by introducing digital and technology-powered products for comprehensive education solutions.
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