10 Cheapest Business Schools in Europe

Aspiring business professionals can find the cheapest business schools in Europe with a wealth of quality business programs throughout Europe. 

The continent is home to some of the world’s top business schools, which offer both undergraduate and graduate programs. However, not all business schools are created equal in terms of cost.

Looking to have a swell career in business, here is a list of the 10 cheapest business schools in Europe for you. You can find some of the most interactive tools for online learning here.

Why Choose a Cheap Business School in Europe?

When making the decision to pursue an MBA, many people consider prestigious business schools with lower tuition rates. 

However, there are a number of affordable business schools in Europe that offer excellent programs.

Why choose a cheap business school in Europe? First and foremost, these schools offer excellent programs at a fraction of the cost of other business schools. 

In addition, many of these schools are accredited by top-tier organizations, such as the Association to Advance Collegiate School of Business (AACSB) and the European Quality Improvement System (EQUIS).

What’s more? Many of these schools have strong alumni networks that can help you jumpstart your career. 

For example, graduates of IESE Business School in Barcelona have gone on to work at some of the world’s top companies, including Google, Ernst & Young, and PepsiCo.

How to Choose the Right Business School for You

When it comes time to make the decision of where to continue your education, there are many things to consider. 

For example, what type of program do you want to study? 

What is your budget? And of course, where is the school located? 

Many students choose to study in Europe because of the diverse range of schools available and the lower tuition rates when compared to schools in the United States. 

However, with so many schools to choose from, it can be difficult to determine which one is right for you. 

Here are a few tips on how to choose the right business school for you:

  1. Do your research. Make a list of all the schools that interest you and research each one. Look at the program offerings, tuition rates, campus location, and student life. 
  1. Narrow down your list.
  1. Consider studying in a lower-cost country. There are many countries in Europe with relatively low tuition rates.

Cheapest Business Schools in Europe

1. University of Economics, Prague, Czech Republic

The University of Economics, Prague is one of the cheapest business schools in Europe. Located in the Czech Republic’s capital city, it offers a range of undergraduate and graduates degrees in business and economics. 

The school has a strong focus on practical learning, with many courses incorporating internships and other hands-on experiences. 

The University of Economics, Prague is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

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2. Vytautas Magnus University, Kaunas, Lithuania

Since it was founded, Vytautas Magnus University (VMU) has been one of the most respected institutions of higher learning in Lithuania. 

Situated in the country’s second-largest city, Kaunas, VMU offers a wide range of undergraduate and graduate programs across a spectrum of disciplines.

In addition to its strong academic tradition, VMU is also known for its affordability; it is one of the cheapest universities in Europe. 

This combination of quality and value has made VMU a popular choice for international students seeking world-class education at an affordable price.

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3. University of Applied Sciences, Munich, Germany

The University of Applied Sciences, Munich (Hochschule München) is a public university located in Munich, Germany. 

It is the largest and oldest University of Applied Sciences in Bavaria. 

The school Also offers degree programs in business administration, engineering, design, health care, and social work. 

Tuition at the University of Applied Sciences, Munich is among the cheapest in Europe. Fees for international students range from €500 to €1,500 per semester, depending on the degree program. 

The University of Applied Sciences, Munich has been ranked as one of the best universities of applied sciences in Germany. It has also been recognized as one of the most affordable universities in Europe for international students.

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4. Tallinn University of Technology, Tallinn, Estonia

Ranked as one of the cheapest business schools in Europe, Tallinn University of Technology is a highly respected institution located in Tallinn, Estonia. 

Offering undergraduate and graduate degrees in business and economics, the university has a strong focus on technology and innovation. 

With an emphasis on hands-on learning, students are given the opportunity to work with some of the latest technology and equipment. 

The university also has a well-developed exchange program which allows students to study at universities all over the world.

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5. Ekonomika Academy, Prague, Czech Republic

Located in the heart of Prague, the Ekonomika Academy is one of the cheapest business schools in Europe. 

The academy offers a variety of undergraduate and graduate programs in business, economics, and finance. 

The faculty is highly qualified and experienced, and the curriculum is designed to provide students with the skills they need to succeed in today’s competitive global marketplace. 

The Ekonomika Academy also offers a variety of student services, including career counseling, tutoring, and housing assistance. Tuition is very affordable, and scholarships are available for qualifying students.

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6. Gdansk University of Technology, Gdansk, Poland

The Gdansk University of Technology is one of the cheapest business schools in Europe. 

Located in Gdansk, Poland, it offers a variety of undergraduate and graduate programs in business administration, economics, and management. 

The school has a strong focus on entrepreneurship and offers a number of unique courses in this area. 

In addition, Gdansk University of Technology has an excellent alumni network that can help students find internships and jobs after graduation.

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7. Russian Presidential Academy of National Economy and Public Administration (RANEPA), Moscow, Russia 

RANEPA is one of the cheapest business schools in Europe. Located in Moscow, Russia, the academy has a diverse student body and offers a variety of programs at different levels of study. 

Tuition rates are very affordable, and there are many scholarship opportunities available. 

The faculty is highly qualified and experienced, and the curriculum is designed to meet the needs of modern businesses. Ch

RANEPA also offers many extracurricular activities, such as clubs and sports teams, which help students to network and build relationships with their peers.

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8. Free University of Berlin

The Free University of Berlin (FU) is one of the most affordable business schools in Europe. Tuition for the full-time MBA program is €14,000, making it one of the cheapest options on the continent. 

The curriculum is well-rounded and includes core courses in business administration, as well as electives in finance, marketing, and management. 

The school also offers a range of international exchange programs, which allow students to gain experience studying and working in other countries.

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9. University of Göttingen

Germany is home to some of the most prestigious universities in Europe. The University of Gottingen, in particular, is known for its business programs, which are among the cheapest on the continent. 

In fact, the university ranks as one of the top 30 business schools in Europe.

The University of Gottingen offers a variety of programs in business administration and management. 

Students have the opportunity to specialize in areas such as marketing, accounting, and human resources. 

The curriculum is based on both theoretical and practical learning approaches, ensuring that students are well-equipped to enter the workforce after graduation.

Gottingen also offers plenty of opportunities for outdoor activities, such as hiking and cycling.

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10. University Of Athens

When it comes to finding the cheapest business schools in Europe, the University of Athens comes out on top. 

Located in the heart of Greece’s capital city, this institution offers a wide range of undergraduate and graduate programs in business and economics. 

Tuition for EU students is very affordable, and scholarships are available for international students as well. 

The University of Athens also has a strong reputation for providing quality education, making it a great value for your money.

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Cheapest business schools in Europe FAQ

What are the tuition fees for each school?

When it comes to getting a business education in Europe, the cost of tuition can vary greatly from school to school. However, there are a few schools that are known for being more affordable than others. 

One of the cheapest business schools in Europe is the University of Applied Sciences in Cologne, Germany. 

Tuition for full-time students at this school costs just over 2,000 Euros per year. 

Another affordable option is the Breda University of Applied Sciences in the Netherlands. 

Tuition for undergraduate students at this school costs around 2,700 Euros per year.

If you are looking for a business school with lower tuition rates than these two options, you may want to consider studying in Poland.

What is the acceptance rate for each school?

When it comes to the acceptance rates of the various business schools in Europe, there is a wide range. 

Some of the cheapest schools have acceptance rates of over 90%, while some of the more prestigious schools have rates below 20%. 

One thing to consider when looking at acceptance rates is how selective the school is. Schools that accept a lower percentage of applicants are typically more selective. 

There are a number of factors that go into deciding which business school is right for you. The acceptance rate should not be the only factor considered when making your decision.

Conclusion

The 10 cheapest business schools in Europe are a great option for those looking to pursue a degree in business on a budget. With tuition costs averaging under $10,000 per year, these schools offer a great value for the money. 

So if you’re looking to get your business degree without breaking the bank, be sure to check out one of these schools.

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