With one of the best climates in Europe, a distinct cultural identity, and a growing number of internationally-recognized universities, it’s little wonder why Spain is one of the top MBA destinations for international students and one of the most visited countries in the world. While a high proportion of Spain’s international students flock to the cosmopolitan cities of Madrid and Barcelona, you will also find large student populations in the likes of Granada, Valencia, and Bilbao.
Although Spain lies within Western Europe – one of the wealthiest regions in the world – both tuition fees and living costs are very reasonable compared to some of their European neighbors. You’ll find that most courses around the country are taught in Spanish, but there are increasingly more English-taught programs in the international cities of Madrid and Barcelona. Those two cities are also home to some of the best business schools in Europe such as IESE, IE, and Esade, all of which rank among the top 20 in the continent.
Both the tuition fees and living costs in Spain are lower than in their European neighbors. Tuition fees for master’s degrees at public universities will typically not exceed EUR€4,000 per year. Living costs vary depending on the city: in Madrid and Barcelona, you can expect to pay an average of EUR€600-€1,000 for your monthly rent, but that figure is considerably cheaper in smaller cities in Spain.
International students from non-EU countries need a student visa to study in Spain. Applicants will need to provide information such as details of the study program, proof of funds, proof of medical insurance, and information about where they will be living. With a student visa, students can also work for up to 20 hours a week. Your family members can also join you during your studies in Spain.
The University of Barcelona, Pompeu Fabra, and the Complutense University of Madrid are three of the highest-ranked universities in Spain. You’ll find the highest-ranking MBA programs in business schools such as IE Business School, IESE Business School, and Esade Business School. These schools are ranked among the best in Europe by the Financial Times, The Economist, and Forbes.
The Spanish job market is one of the more challenging in Europe, with high levels of unemployment in certain regions of the country. However, Spain remains the fourth-largest economy in Europe and a master’s degree puts job seekers at a significant advantage.
With a relatively low cost of living and high quality of life, Spain attracts over 100,000 international students every year.
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