Real Numbers of MBA Admissions: Cost of MBA Programs in Europe
How much does an MBA in Europe cost?
The bulk of the cost of an MBA comes down to tuition. Beyond that, MBA candidates should also plan for living expenses, including room and board, transportation, meals, health insurance and other personal costs. Some programs also have mandatory fees and require funds for activities and supplies. Depending on location, European schools will list costs in pounds, Euros or Swiss francs, so we’ve converted cost to Euros and USD to help with comparisons–especially if you’re also considering Real Numbers: Cost of MBA Programs in the U.S.
In this edition of Real Numbers of MBA Admissions, we’ve compiled the cost of tuition of leading European MBA programs in the chart below in both Euros and USD (based on December 2025 conversion rate) for each program. We’ve also listed the duration of each program, as one-year MBAs are more popular there.
| European School | Tuition 2026 Intake Euros | Tuition 2026 Intake USD |
Tuition 2025 Intake Euros |
Tuition 2025 Intake USD |
Duration of Program |
|---|---|---|---|---|---|
| Bocconi | €82,000 | $96,502 | €82,000 | $85,548 | 9 months |
| Cambridge Judge | £80,000 | $94,148 | €92,814 | $96,890 | 1 year |
| Esade | €79,300 | $93,324 | €78,500 | $81,896 | 12, 15 or 18 months |
| ESMT Berlin | €50,000 | $58,843 | €50,000 | $52,163 | 15 months |
| HEC Paris | €102,000 | $120,039 | €99,000 | $103,283 | 16 months |
| IE Business School | €89,900 | $105,799 | €82,300 | $85,861 | 11, 15 or 19 months |
| IESE Business School | €114,000 | $134,161 | €110,000 | $114,759 | 15 or 19 months |
| IMD Business School | €104,895 | $123,446 | €141,617 | $91,788 | 1 year |
| Imperial College Business School | £78,000 | $91,795 | €73,000 | $76,158 | 1 year |
| INSEAD | €109,860 | $129,289 | €103,500 | $107,905 | 10 months |
| London Business School | £123,950 | $145,871 | €144,067 | $150,224 | 15 to 21 months |
| Manchester AMBS | £50,000 | $58,843 | €72,257 | $58,852 | 15 or 18 months |
| Oxford Saïd Business School | £88,800 | $104,504 | €100,613 | $104,900 | 1 year |
| Rotterdam Business School | €67,000 | $78,849 | €65,000 | $67,749 | 1 year |
Looking at the chart above, several of the European programs run over €100,000 in tuition alone. LBS, based in London, reaches the highest cost at £123,950–and this figure covers any duration of the degree. Meanwhile, IMD, IESE, and INSEAD land closer to the €100,000 threshold. On the other end of the spectrum, ESMT Berlin comes in at half the cost–€50,000. Rotterdam and Manchester are the only other MBA programs under €75,000.
It helps to know what your budget should be to cover the price of an MBA program. For instance, the cost of living across these programs varies. Bocconi, based in Italy, estimates living expenses of €2,000-€2,500/month. Similarly, Esade in Spain estimates students will need an additional €2,300/month for living expenses. Rotterdam, another 12-month MBA program with a January start, suggests that cost of living will run €1,700/month. About a third of European business schools offer need-based scholarships to help offset the cost of an MBA. Many programs also offer fellowships to aid in covering the expenses of an MBA.
The Real Numbers of MBA Admissions: Cost of MBA programs in Europe is based on 2026 and 2025 start dates.
This page was last updated December 30, 2025.
MBA Applywire
I want to be on a COO track in the medical device industry. I want to focus my MBA on strategy within an operations framework, so I can be the best applicant for MBB consulting in the medical device industry.
Education/Testing
- T20 US University, 3.73 GPA, Economics - Graduated 2022
- Won some research/academic awards in undergrad - not sure if that matters
- GRE 332: 167Q/165V
Background & Experience
- 26M, based in South America, work across two roles in a family business
- Role 1: Small division within the family business making a leather goods (private label for a small client base). I led the entire public launch of our own brand, from the ground up, including hiring the full team and building out retail placement. Now have 3 of our own retail locations plus placement in larger third-party retailers, roughly $1.5M in sales over the last two years
- Role 2: Regional sales leadership for a distribution business, leading two teams (40+ people total). Led a strategy pivot that roughly quadrupled our regional sales target over three years to 250K$
ECs
- Regional chair of global professional organization
Pivot to Energy Strategy Consulting and potential achievable universities. GMAT Focus: 665. India-based Chemical Engineering gold medalist (rank#1) with 5+ years in India at renowned US-based EPC major, delivering process engineering on two flagship LNG EPC projects, earning 6+ internal recognitions and 2 merit based promotions. Took on a parallel 6-month international leadership role coordinating a USAID-funded social impact project in Zambia, managing a 16-person local team. Extracurricular national-level footballer, leadership of two Toastmasters clubs (one to President's Distinguished status), and an accredited Mental Health First Aider certification. Post MBA transition into Energy Strategy Consulting to build commercial and strategic capability before returning to scale a GCC-based family business, which currently supporting for past 9 months, into an energy transition solutions provider. Thank you!
Chemical Engineering Bachelors and Masters (3.44 and 3.88 respectively)
Currently mentoring entry level engineers as well.
Worried about transition from a more engineering field to consulting and how the masters impacts admission odds
Background:
24F, Indian
GPA - 7.5 from a Tier 1 Indian college
Participated in CBSE Swimming nationals, and won medals in relay
Took part in badminton clusters
Was part of the prefectorial body in which we welcomed delegates from all around the world
Took part in a NASA program wherein we visited the Johnson Space Centre in Houston
College:
Not good GPA but can defend it
Part of college badminton team and won many laureates
Got bronze in an inter-collegiate tournament as the women’s badminton team captain. And created history as this wasn’t achieved before by any woman’s badminton team
Was the sportswoman of the year for my college
Was part of the incubation center management team of the college. Was part of the strategic relations team (where we almost got Steve Wozniak to deliver a speech) and was the event management team lead
Work Experience:
3yrs Software eng/ quant experience in a top investment bank (front office and back office Eng roles)
Got a promotion
Lead a 2months intern project
What are my chances for the above colleges for a MBA and can I expect any scholarship?
Should I retake the test? Planning to apply in R1
MBA LiveWire
June 8 applied
June 26 interview invite
July 2 interview
July 8 acceptance via email about portal update
Applied 6/4
Interview Invite 6/24
Interview 6/30
Accepted 7/8
Don't give up!
Military