Those who choose to pursue an MBA in Brazil will truly have an experience like no other. Stunning natural landmarks rub shoulders with manmade triumphs throughout this vast country, which is the sixth-biggest in the world. In Brazil, you’ll find one of the seven modern wonders of the world (Christ the Redeemer), the biggest city in Latin America (São Paulo), and a capital city that took just 41 months to build (Brasilia). In the last decade alone, Brazil hosted the FIFA World Cup and Olympic Games along with the yearly Rio Carnival, the largest carnival in the world that attracts more than two million festival-goers per day. Brazil is a melting pot of cultures, climates, and colors that has to be seen to be believed.
The years following the collapse of the Brazilian military government in 1985 saw a huge increase in the number of private higher education institutions. Today, there are around 2,600 public and private universities across the country, a number which is growing rapidly. If you wish to study in Brazil, it is totally free to do a master’s degree at one of the country’s public universities, many of which are rated among the best in Latin America. With a growing reputation for higher education and amazing sights throughout the country, you would be hard-pressed to find a more exciting study destination than Brazil.
Tuition fees for an MBA in Brazil are unlikely to exceed EUR€30,000 even at the top business schools. In terms of living costs, you should budget around R$2,400 (US$507) per month, excluding rent. In larger cities like São Paulo and Rio de Janeiro, living costs will be slightly higher.
If you are a citizen from a South American country, you do not need a visa to do an MBA in Brazil (with the exceptions of Guyana and Suriname). All other students need a student visa – you’ll need to apply for one before entering Brazil at the nearest Brazilian Embassy or Consulate in your home country. Your student visa is valid for the entire duration of your study. You need to register your visa with the Federal Police within the first 90 days of arrival. You can only do this by making an appointment via the Brazilian Federal Police website in order to receive a National Migration Registration Card (NMRC).
According to the QS World University Rankings 2022, the Universidade de São Paulo is the highest-ranked university in Brazil, placed at #121 globally. Other notable universities in Brazil include the Universidade Federal do Rio de Janeiro and the Universidade Estadual de Campinas, a top research institution. The top business schools in Brazil include FGV EAESP in São Paulo and FGV EBAPE in Rio de Janeiro.
As with any developing economy, the job market in Brazil poses plenty of difficulties but also huge potential. Speaking Portuguese is important for securing a good job in Brazil, which tends to favor local applicants over international workers. However, as one of the world’s leading emerging economies, Brazil is likely to start attracting more foreign investment and expansion. This is likely to create even greater job opportunities in the future.
The increasing quality of higher education together with the free tuition at public universities makes Brazil an attractive destination for international students. It is one of the most popular study destinations in Latin America, although the country remains an exporter rather than an importer of international students.
Want to know what it is really like to do be an MBA student? Do you have a specific question about a graduate school or MBA program, or would you like to know what life is like at your selected study destination? Get in touch with these student ambassadors, who will be happy to share their insights and real experiences with you.