MBA in Italy: Fees, Top Colleges, Placement and Salaries

Highlights:

• Average annual tuition fees for top universities in Italy offering a MBA program is 30,000 EUR- 70,000 EUR (26-62 Lakh INR).
• Students can get an ROI of up to 232% if they study at MIB Trieste School of Management.
• Post completion of MBA in Italy graduates can get job roles like General Manager, HR manager, Business Development Manager, etc.
• As an entry-level MBA employee, you can expect an annual salary of 60,000 EUR (53.75 Lakh INR).

MBA in Italy is a 1 year long professional masters program offered at several prestigious universities in Italy. Italy is one of the most popular study-abroad destinations for MBA students because of the presence of world-class universities in Italy and the relatively low cost of studying MBA in Italy. The minimum admission requirement for MBA in Italy is to have a Bachelor's Degree, 3 years of qualified work experience, an IELTS score of 6.0 or above, GMAT score of 600 or above.

The total tuition fees for top universities in Italy offering a MBA program is 30,000 EUR- 70,000 EUR (26-62 Lakh INR) depending on the university you are applying to. MBA is a very lucrative field, after completing MBA in Italy one can work as a General Manager, HR manager, Business Development Manager and earn an average annual salary of 60,000 EUR (53.75 Lakh INR).

MBA in Italy: Top Universities

There are many universities offering a degree in MBA in Italy with different specializations and timelines. Some of the best public universities in Italy for MBA like Bologna Business School, SDA Bocconi School of Management Milan offer admissions in Various MBA courses.

The tuition fee range of top universities in Italy for MBA is between EUR 34,000- EUR 65,000. Another important aspect is that POLIMI Graduate School of Management, and St. John's University have rolling admissions. Tabulated below are all the important admissions criteria like tuition fees and deadlines for student reference:

Why study MBA in Italy?

MBA in Italy universities offer students several perks. These benefits suggest that top B schools in Italy offer students not just the chance of a good salary but also the chance of an economical cost of living in Europe. Students also apply to study in Italy because of its optional GMAT submission. All other reasons why students choose to study at the best MBA university in Italy:

1. The top and best Italian MBA institutions have lower fees than Indian private management universities.
2. According to the Italian Ministry of Education, University and Research (MIUR), the number of international students in Italy has increased by 27.8% in the last decade.
3. A study by the Italian Business School Association (ASFOR) found that 85% of MBA graduates in Italy found employment within six months of graduation
4. The average starting salary of EUR 56,000 (INR 5012112) for MBA graduates
5. Cost of living expenses or MBA cost in Italy are lower than USA, Canada, Australia, UK

Explore: Exams to study in Italy

MBA in Italy: Admissions

Before applying for an MBA in Italy every applicant must make sure that they fit the eligibility criteria for the university they are applying for. Although every university has its own set of eligibility criteria there are some common criteria that fit all the universities such as academic degree requirements, GMAT score requirements, LOR requirements among other requirements. In the following section the admission criteria are discussed in depth. There are even MBA programs in Italy that have specific score requirements.

MBA in Italy: Eligibility Criteria

To study MBA in Italy, international students need to demonstrate their English proficiency as the degree is taught in English at most of the top universities and submit relevant documentation regarding the same. Italy MBA universities do not necessarily require GMAT submissions. To apply for an MBA in Italy the minimum criteria of eligibility are as follows:

• Academic Degree- Bachelor's Degree, 3 years of qualified work experience
• GPA- A minimum GPA of 3.25 on a scale of 4.0 is required
• GRE or GMAT Score- GMAT: 600 or above for Italy colleges for MBA
• English Proficiency Test Score- IELTS score: 6.0 or above, TOEFL score of 80+
• Statement of Purpose (SOP)- A 1-2 page statement of purpose showing why you want to pursue this course and what are your future plans.
• Letters of Recommendation (LOR)- A minimum of 2 LOR are required for Best MBA colleges in Italy
• Experience- A minimum of 3 years of work experience is required by most universities for Italy University for MBA

MBA in Italy: Admission Requirements

But a few Italy's best MBA colleges also require standardized test scores, along with ELP score certificates. All other exams to study in Italy are tabulated below:

• SOP
• LOR
• Academic Transcripts
• ELP score
• Video

The following section displays the specific admission requirements set by the top universities to get admission into MBA in Italy along with their documentation requirement:

MBA in Italy: Cost of study

Although the cost of living in Italy is cheaper than many other countries, it is more expensive than in 59% of the countries in the world, also being 173.36% higher than in India. International students willing to study in Italy not only need to pay the tuition fees of the university but also cover the travel and living expenses, which can lead to financial burden. The cost of an MBA in Italy for Indian students is not very high, and because it is economical, it is easier for students to cope with the other expenses.

MBA in Italy: Tuition Fees

The following table indicates the tuition fee for the entire duration of the MBA program for all the top universities in Italy. The average total tuition fees for MBA in Italy ranges from 30,000 EUR- 80,000 EUR (26-62 Lakh INR). MBA college fees are listed in the image below.

Cost of Living in Italy

The universities in Italy provide on-campus housing and dormitory options to international students, but students can also go for an off-campus accommodation set-up.MBA in Italy fees are low, and the cost of living is also quite low like in Germany. Apart from the rent, an international student can expect a monthly expenditure of 779 EUR (68,749 INR) and a family of four should have a budget of at least 2,741 EUR (2.41 lakhs INR) per month.

Ques. Is GMAT necessary for MBA in Italy?

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