MBA in Abroad for Indian Students at Low Cost: Find 10 Best Cheap MBA Colleges Abroad

List of 10 Cheap MBA Colleges Abroad 

Let us straightaway move on to discovering the list of cheap and best MBA colleges abroad: 

• Memorial University of Newfoundland, Canada 

• University of Victoria, Canada 

• EU Business School, Barcelona 

• University College of Birmingham, UK 

• Technical University of Munich, Germany 

• University of Tuebingen, Germany

• Kaplan Business School, Sydney 

• IIBIT, Sydney 

• Deusto Business School, Spain 

• EAE Business School, Spain

Moving on, let us briefly understand each of these foreign MBA colleges with low fees: 

1. Memorial University Of Newfoundland (MUN), Canada

One of Canada's top MBA colleges abroad with low fees, Memorial University of Newfoundland (MUN) is ranked among the top best universities. Due to its low tuition fees and consistent training techniques, MUN is the cheapest university in Canada for international students seeking an MBA. This university has four St. John's, Grenfell, and Harlow campuses. It provides a variety of academic programmes in an urban setting and some of the most affordable courses in Canada. Also, the university is regarded as one of the cheapest and best MBA colleges abroad. 

QS World Ranking 2022	Under 800
QS Subject Ranking 2022	601-800
Programs Offered	MBA in Social Enterprise and Entrepreneurship Master of Science (M.Sc.) in Management Master of Employment Relations (MER)
Annual Tuition Fees for International Students	CAD 4, 833 or INR 2,93,132
Scholarships Offered	Faculty Of Business Administration MBA Entrance Scholarships Faculty Of Business Administration MBA Indigenous Entrance Scholarship

Suggested: Cost of Studying MBA in UK

2. University of Victoria, Canada 

In British Columbia, the University of Victoria is a prominent public research university. It has more than 21,000 students, making it one of Canada's most prominent universities and one of the top MBA colleges abroad with low fees. Being one of the low-cost MBA colleges in abroad, the University of Victory is certainly the best.

QS Ranking 2022	370
QS Subject Ranking 2022	2nd out of 15 in MBA
Programs offered	Daytime and Weekend MBA in Sustainable Innovation
Annual Tuition Fees for International Students	EUR 35,884 or INR 29,61,685
Scholarships Offered	Ritchie Foundation MBA Entrance Scholarship MBA Pay-it-Forward Award James A. Mossey Award

Suggested: All about Executive MBA Without GMAT! 

3. EU Business School, Barcelona

One of the cheapest MBA colleges in Spain, the EU Business School (EU), is a well-regarded private higher education school in Spain's field of business studies. It was founded in 1973 and has been certified by eduQua, the first Swiss quality mark for higher education institutions. The MBA programme at EU Business School has been recognized for excellence by America Economia in its Global MBA Ranking 2021, and is known for having the lowest fees for MBA in abroad. 

4. University College Of Birmingham, UK 

UCB is well-known among international students from more than 60 countries who come to the institution to seek a high-quality but affordable education. Employers and industry hold University College Birmingham in high respect for its profession-focused education and training. The institution is one of the world's top scholarly institutions, and offers an MBA in abroad at low cost.  

QS Ranking 2022	90th
QS subject ranking 2022	6th in MBA in UK
Programs Offered	MBA in International Business, Global Ranking & Finance Executive MBA
Annual Tuition Fees for International Students	EUR 31,500 or INR 26,44,281
Scholarships Offered	Academic Excellence Scholarship Sporting Excellence Scholarship  Masters Intern Bursary

 

Check out this video to know how you can study an MBA abroad without work experience: 

5. Technical University of Munich

One college to study abroad MBA at low cost, the Technical University of Munich  is one of Europe's top institutions. According to Reuters, TUM is the fourth most innovative university in Europe.

The Executive MBA in Innovation and Business Creation is for specialists and executives. The programme combines solid academic management with personalised start-up and innovation consulting, providing a unique chance to learn and develop entrepreneurial abilities.

QS Ranking 2022	50th
QS Subject Ranking 2022	74th in MBA
Programs Offered	Executive MBA in Innovation and Business Creation
Annual Tuition Fees for International Students	EUR 14,400 or INR 12,08,814
Scholarship	One-time financial aid between 500 EUR-1,500 EUR per semester

Suggested: MBA Scholarships in Germany 

6. University Of Tuebingen, Germany

Tuebingen, one of Germany's oldest universities, is known worldwide for its research-oriented education system. The MBA course offered here is well-researched and practical-oriented. Master of Science in International Business provides an excellent opportunity for highly motivated bachelor's students to participate in an engaging programme that combines academic and cultural development. 

QS Ranking 2022	177
QS MBA Ranking 2022	10 in MBA
Programs Offered	Masters of Science in International Business
Annual Tuition Fees for International Students	9,550 EUR or 8,01,678 INR

7. Kaplan Business School, Australia

Master of Business Analytics, Master of Business Analytics, Master of Professional Accounting, Master of Accounting, are some of the most famous programs offered at Kaplan. The Kaplan Business School has collaborated and partnered with a number of Australian businesses, including the Sydney Swans and Davidson. These collaborations with reputable Australian companies provide students with the option to participate in a variety of skill-building and talent-development internships. 

QS Ranking 2022	#511-520
QS MBA Ranking	-
Programs Offered	MBA in International Business MBA in Business Analytics
Annual Tuition Fees for International Students	47,880 AUD or 27,06,986 INR
Scholarships Offered	Asia- International Student Scholarship of 43,092 AUD

Suggested: Difference between MBA and an EMBA 

8. IIBIT, Sydney

The Institute of Business Information Technology (IIBIT) in Sydney is also known as the Institute of Business Information Technology. In its Sydney and Adelaide campuses, IIBIT collaborates with Federation University to offer UG and PG degrees in Information Technology and Business Administration. The institute also assists students in obtaining internships and placements. Master of Technology, MBA in International Business, and others.

QS Ranking 2022	#601-800
QS Subject Ranking	-
Programs Offered	MBA in International Business
Tuition Fees	57,600 AUD or 32,56,525 INR
Scholarship	Federation University Australia Global Excellence Scholarship

Suggested: All about 1-Year MBA in Australia 

9. Deusto Business School, Spain

Deusto Business School is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the Association of MBAs. These international accreditations highlight Deusto Business School's quality and excellence in business education, placing it among the best in the world. Deusto is famous for offering students with one of the lowest MBA fees abroad. Deusto alumni hold top positions in 20 percent of the 35 IBEX registered companies in Spain, including CEOs, VPs, and general managers.

QS World Ranking 2022	#301-400
QS World Subject Ranking 2022	#201-250 in MBA
Programs Offered	MBA in International Business  Executive MBA
Annual Tuition Fees for International Students	11,000 EUR or 9,08,288 INR
Scholarships Offered	The Fundación Vizcaína Aguirre Grants Programme

Suggested: Jobs and Salary After MBA in USA 

10. EAE Business School, Madrid

With more than 60 years of expertise in training successful professionals, EAE Business School has taught over 73,000 directors and executives. Over 65,000 executives have been through EAE's classrooms since its founding in 1958. Participants come from 72 nations across five continents, with 95 percent of them having professional experience. Under the MBA program, the institute offers Masters in FM, Masters in Marketing & Sales, Masters in Project Management, and others.

QS World Ranking 2022	#71-80
QS Subject World Ranking 2022	#200-250 in MBA ranking
Programs Offered	Masters in FM Masters in Marketing & Sales Masters in Project Management
Annual Tuition Fees for International Students	29,500 EUR or INR 24,35,864
Scholarships Offered	Academic Excellence Grant

Suggested: How to Choose the Right MBA Program for Yourself?

It is safe to say that an MBA in abroad with low fees is easily accessible. MBA in abroad for Indian students at low cost is a complete package of excellent education and high employability rates. Low cost MBA colleges in abroad are also particularly known for providing international students with a high ROI. For further assistance on MBA in abroad with low fees or cheap MBA colleges in abroad, you can even connect with our Yocket Counsellors! 

Frequently Asked Questions about Cheap MBA Colleges Abroad 

Ques. Which country is the cheapest for MBA?

Ans. Germany is considered the cheapest country to have top colleges for MBA. Approx 111 EUR or 8,830 INR is the semester fee for the MBA course.

Ques. Which countries are best for Indian students to study MBA abroad?

Ans. Countries like Germany, Italy, and France are best for Indian students to study abroad MBA at low cost. 

Ques. How much cost is needed to study MBA in overseas countries?

Ans. Approximately INR 20 Lacs is needed to study MBA in overseas countries. The fees may differ from country to country.

Ques. How much does an MBA cost in the UK?

Ans. On average 10,000 EUR or 8,39,454 INR per year is needed to study MBA in the UK.

Ques. Is Canada a cheap country to study MBA?

Ans. Yes, compared to other countries Canada offers MBA in abroad with low fees.