General
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Since the turn of the 21st century, Rwanda has slowly become one of the safest, least corruptible, and forward-thinking nations in Africa. It has one of the fastest-growing economies in the world as well as pioneering environmental policies that include a total ban on the production and use of plastic bags and a series of protective measures for its sweeping national parks. A lot of the progress that the country has made in recent years can be attributed to its Vision 2020 plan, a series of objectives set out in 2000 to transform Rwanda into “a knowledge-based, middle-income country” by 2020.
One of the stated aims of Vision 2020 was to make Rwanda an attractive place to do business – the success of which is evident in the fact that the country now ranks #29 in the World Bank Ease of Doing Business Index, the highest-ranked country in Africa by far. All of these factors mean that studying in Rwanda is an increasingly popular option for international students. Both tuition fees and living costs are extremely affordable within a global context, while increased investment in the country’s higher education sector is resulting in rapid improvements in teaching standards, facilities, and international prestige.
If you are from an African country, you will be issued a visa, free of charge upon arrival in Rwanda. The duration of your visa can range from 90 days to six months depending on your country of origin. International students coming from outside Africa will need to apply for a visa at the Rwanda Embassy in their home country. Rwanda does not offer any specific student visa and you will need to apply for a travel visa instead. You will be issued a 90-day travel East Africa visa which you can renew in Rwanda. The cost of a visa depends on the country you are from. US citizens pay about US$100 for a visa. It is best to contact the Rwanda embassy in your country for more specific information.
To work in Rwanda, you will need to apply for a work permit. Skilled workers are in high demand and the Rwanda government facilitates work visas for international graduates who wish to continue living and working in the country.
In most cases, you should be able to easily open a student bank account in Rwanda. Banks present in Rwanda include Ecobank, GT Bank, Equity Bank, Kenya Commercial Bank, Access Bank, and Bank of Africa. Many banks offer student accounts – for example, the Bank of Kigali in Rwanda offers students the opportunity to open a bank account free of charge with no maintenance fees. You will need to contact the local branch of your bank to get more information. Common forms of payment in Rwanda are cash and credit cards.
Health insurance is not required by law in Rwanda. However, international students are advised to apply for private health insurance coverage from their home country before entering Rwanda. Private international insurance costs around US$150 per semester and it is recommended that you purchase full coverage. Your university may also make recommendations and assist you with the necessary paperwork.
It is uncommon for your university in Rwanda to provide on-campus accommodation. However, the international office at your university can usually help you in your search. Rwanda offers a range of affordable housing options. In Kigali, you can find comfortable accommodation for US$200-500 per month. A one-bedroom apartment in the city center typically costs around RWF412,000 (US$403) while a one-bedroom apartment outside of the city center costs around RWF 240,000 (US$235) per month.
In major cities such as Kigali, transportation has significantly improved in recent years. Kigali has a stable and very affordable bus service. Locals living in Kigali also use two taxi apps similar to Uber, called Move and Yego Cabs. The use of bicycles is another popular option in cities like Kigali. However, Rwanda’s hilly terrain means that bicycling is not always the most convenient option.
Driving is another great way to get around Rwanda. You can drive in Rwanda with an International Driving Permit and will have no trouble finding a car rental service in large cities. Rentals typically start at RWF10,000 (US$9.80) per day.
The Big Mac Index was invented by The Economist in 1986 as an informal way of measuring the purchasing power parity (PPP) between two currencies. Unfortunately, the price of a Big Mac is unknown in Rwanda, as there are no McDonald’s in the country.
To get a sense of living costs in Rwanda, the estimated monthly costs for an international student will be somewhere around RWF440,000 (US$430). Rwanda is one of the least expensive countries in the world.
The cost of studying in Rwanda is generally very affordable compared to most countries. An MBA in Rwanda can cost up to EUR€30,000 in tuition fees. As one of the least expensive countries in the world, the estimated monthly costs for an international student in Rwanda is around RWF440,000 (US$430).
If you are from an African country, you will be issued a visa, free of charge upon arrival in Rwanda. The duration of your visa can range from 90 days to six months depending on your country of origin. International students coming from outside Africa will need to apply for a visa at the Rwanda Embassy in their home country. Rwanda does not offer any specific student visa and you will need to apply for a travel visa instead. You will be issued a 90-day travel East Africa visa which you can renew in Rwanda. The cost of a visa depends on the country you are from. US citizens pay about US$100 for a visa. It is best to contact the Rwanda embassy in your country for more specific information.
Rwanda’s higher education sector is still developing, so you are unlikely to come across the country’s universities in global rankings. However, with rising domestic and foreign investment into both higher education and business, this situation is likely to change in the coming years.
In such a rapidly-expanding economy, graduates holding a master’s or MBA are likely to find themselves at the front of the queue when it comes to employment opportunities. Working in Rwanda also provides graduates with an incredible opportunity to power the economic growth of an emerging country and continent.
Given its reputation as a safe and politically-stable nation with affordable study costs, more and more international students are now choosing to study in Rwanda. Continued investment into the higher education sector means that the international student market is expected to grow in the coming years.
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.
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Brought to you by MasterTube BV. MBAGRADSCHOOLS and MBATUBE together form a platform dedicated to helping you find your dream MBA Program.
Brought to you by MasterTube BV. MBAGRADSCHOOLS and MBATUBE together form a platform dedicated to helping you find your dream MBA Program.
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