Planning on pursuing an MBA in Spain? Want to know whether it’s going to be the right choice? In this article, we will list the benefits of studying in Spain as well as the top MBA colleges in Spain you can apply to.
Spain: Overview
A mountainous country with several islands, Spain is the fourth-largest country in Europe. With a rich heritage, complex history, picturesque landscapes, popular coastlines, and vibrant culture, Spain is also the second most visited country in the world. In the past few years, it has become one of the most popular international tourist spots in the world, contributing to about 5% growth in the country’s GDP. However, Spain is not only known for its tourism but also its education. It has a literacy rate of 98% and has been one of the few countries that has been able to reverse unemployment rates.
Now, let us take a look at the benefits of studying in Spain.
Benefits of Pursuing an MBA in Spain
Let us now explore what are the benefits of pursuing an MBA program in Spain. They are as follows:
Admission Process
Applying to an MBA program in Spain is easier than applying to MBA programs in other countries such as the US and the UK. This is because business schools in Spain only require you to submit previous academic records and a language proficiency test to be eligible for admission into their institutions. However, applying to top business schools in Spain will require you to step up your game and present a well-rounded resume with extracurriculars, work experience or an internship.
MBA Specialisations
Colleges in Spain offer various MBA specialisations that you can benefit from. Business schools offer specialisations in areas such as public policy, hospitality, communication, and finance. Additionally, they also offer opportunities wherein students can work in real-life scenarios and gain hands-on experience. This helps students get an idea of the field they want to establish themselves in.
English-taught MBAs
While undergraduate and graduate schools in Spain have limited modules in English. Business schools in Spain have numerous MBA courses taught in English. However, if you are looking to establish your career or initiate a business in Spain, you might have to learn Spanish to ensure a smooth transition and to interact with local markets. Besides, learning new languages adds to your skill sets. Besides, it is a bonus while looking for jobs internationally.
Cultural Activities
As mentioned above, Spain is culturally and historically rich. Apart from pursuing an MBA degree, you can also explore various parts of the country. You can begin by visiting the museums, beaches and pursue activities that are immersed in local, Spanish cultures. You can even participate in Spanish festivals to experience and observe local rituals and the local lifestyle.
Cost-Effective
Pursuing an MBA in Spain is extremely cost-effective. This is because when compared to pursuing an MBA in the US, UK, France or even other countries in Europe, the living costs in Spain are far less expensive. The tuition fee for an MBA at any university in Spain ranges from 17,00,000 euros to 20,00,00 euros, which is rather expensive. However, the living expenses balances it out as accommodation costs about 300 to 400 euros, transport costs around 40 euros and food and groceries cost about 60 euros. So, the living cost per month does not exceed more than 500 euros. If you manage to secure a part-time job, managing your finances in Spain is rather easy.
MBA Colleges in Spain
We have explored the benefits of pursuing an MBA in Spain. Let us now take a look at the top MBA colleges you can apply to in Spain. The top MBA colleges in Spain are as follows:
College | Course Offered | Location |
INSEAD Business School | MBA, Executive MBA | Madrid |
ESEI International Business School | International MBA | Barcelona |
IE Business School | International MBA, Executive MBA, Global MBA | Madrid |
University of Navarra | MBA and Executive MBA | Pamplona |
EADA Business School | International MBA | Barcelona |
Schiller International University | MBA | Madrid |
EAE Business School | International MBA | Barcelona |
Deusto Business School | Executive MBA | Bilbao |
ESIC Business and Marketing School | International MBA | Barcelona |
ICADE Business School | MBA | Madrid |
EU Business School | MBA in International Business | Barcelona |
MIA Digital University | Global MBA | Barcelona |
INSA Business, Marketing, and Communication School | International MBA | Barcelona |
Schellhammer Business School | MBA | Marbella |
ENEB | Global MBA | Barcelona |
OBS Business School | Executive MBA, Global MBA | Barcelona |
EALDE Business School | MBA, MBA Specialisation in Risk Management | Madrid |
Universidad Complutense de Madrid | MBA | Madrid |
ISEB | International MBA | Barcelona |
CESMA Business School | MBA, Global MBA | Madrid |
As you can see from the above table, you can pursue your degree from various MBA colleges in Spain.
So, if you are looking to pursue an MBA abroad which is cost-effective and diverse, Spain is where you have to be!