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MBA in Spain – The Complete Guide

Updated on 09 April, 2024

upGrad Abroad Team

upGrad Abroad Team

upGrad abroad Editorial Team

Spain houses some of the best business schools. Therefore, pursuing an MBA in Spain can be an ideal choice for those who wish to climb up the corporate ladder swiftly. Every year more than 50,000 students migrate to Spain from around the globe. Many programs are taught in English in Spanish business schools, which is a bonus for international students. Here are a few reasons why you should consider going to study MBA in Spain- 

– There were six Spanish business schools in the top 50 QS World University Rankings for Global MBA in 2021. 

– There are various specializations available for you to choose from, such as Communications and Public Relations, Hospitality and Tourism Management, Global Banking and Finance, and more. 

Compared to other European universities, getting into Spanish Business Schools is easy. 

– The business schools in Spain have high academic standards and collaborate with various multinational companies to help students get internships. 

– The country is rich in terms of cultural diversity. As an international student in Spain, you will interact with people from different parts of the world.

– Multiple scholarship opportunities are available for international students.

 

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Best MBA Universities in Spain

As mentioned above, six Spanish business schools ranked in the top 50 Global MBA by QS World University Rankings 2021. These universities were ranked based on the type of curriculum these programs offer, the employability of graduates, and the salary packages offered to them. Here are the leading universities for MBA in Spain-

1) ESADE Business School

The ESADE Business School is affiliated with Ramon Llull University. The business school offers various undergraduate, postgraduate, MBA, and degree programs. It has collaborations with 100+ academic institutions in around 40+ countries. These collabs help students with the chance to participate in various student exchange programs. The ESADE Business School has a career support team, which helps students with multiple career opportunities. The programs here help students inculcate leadership skills, theoretical knowledge, team management skills, and more. 

2) IESE Business School 

The IESE Business School offers master’s in Management, Executive MBA, Full-time MBA, Executive education programs, and Global Executive MBA. The programs here are taught by world-class faculty with immense industry experience. The state-of-the-art pedagogy equips students to keep up with the market and the changing industry pace and emerge as leaders. 

3) IE Business School 

International students from around 120+ countries enroll in the IE Business School to pursue a reputed Master of Business Administration program. As per Financial Times, the full-time MBA program is considered to be the best. 

4) ESIC University and Business & Marketing School 

AMBA accredits the ESIC University and Business & Marketing School. The academic institution is a leading business school and collaborates with industry leaders and organizations to help students understand practical and theoretical aspects. The school has a Global MBA, which attracts learners from around the globe. 

5) EADA Business School 

The EADA Business School is accredited by three different accreditation bodies: EQUIS, AACSB, and AMBA. The business school has a full-time MBA program with three specializations: structured finance and energy, global innovation management, customer experience, and omnichannel management. If you pursue a course from EADA Business School, you also get a chance to spend a week in Kazakhstan, Singapore, or Hong Kong.

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Fee Structure of MBA in Spain

An MBA in Spain for Indian students in public universities will cost around INR 81,838 to INR 1,53,444 per semester. The same MBA degree will cost them around INR 8,52,504 to INR 17,04,997 per semester in private universities. For better clarity, here’s the fee structure of an MBA in Spain for Indian students in top business schools- 

School

Fees in INR

Duration

IE Business SchoolINR 52,80,000 – 62,29,000 in first yearOne-year full-time
IESE Business SchoolINR 35,90,300 in first year15-19 months
ESADE Business SchoolINR 63,67,000 in first year15-18 months (fast track option available)
EADA Business SchoolINR 31,06,000 in first yearOne-year
ESIC Business & Marketing SchoolINR 25,54,000 in first yearNine months
EU Business SchoolINR 17,99,000 – 19,41,000 in first yearOne-full time and Two years part-time

Eligibility Requirements to Pursue MBA in Spain

Every university has its own set of eligibility requirements that one will have to meet as a learner. Though in comparison to other European universities, there are fewer eligibility requirements students will have to meet in Spain. Here are some common eligibility requirements-

– English language proficiency, if required

– Spanish language proficiency, if required

– Bachelor’s or equivalent degree

– Minimum two-three years of work experience 

– GRE/GMAT exam score

Documents Required for Pursuing MBA in Spain

To be eligible to pursue MBA in Spain, you will have to submit various documents. One of which is a work experience certificate of at least two-three years. Here’s a list of other documents required-

– IELTS scorecard with a score of above 7.5

– TOEFL scorecard with a score of above 100+

– GMAT or GRE as per university requirements 

– Statement of Purpose

– Two LORs

– Updated resume

– Educational transcripts

– Valid passport 

– Two photographs          

Please note that document requirements may differ from university to university. Before submitting, contact your preferred university for clarification.

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Application Process for MBA in Spain

Students can easily apply online for admission to an MBA in Spain. They can simply download the application form from the university website. Fill in the information correctly and do not provide any information for which you cannot present any document in case asked. 

Submit the application with the required documents. Upon successful completion, the university will contact you for the interview. An interview is a critical part of the admission process. The interview is conducted to evaluate the learner’s knowledge, views, and abilities. 

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Frequently Asked Questions

How long can I stay back in Spain after my MBA?

You can stay for up to one year in Spain after completing your Master of Business Administration to find suitable job opportunities. You can apply for a post-study work visa after graduation. 

How much does an MBA cost in Spain?

An MBA in Spain can cost you between INR 87,000 to INR 17,00,000 per semester. You can also apply for scholarships in case the university you are willing to apply to is expensive. 

Is Spain good for Indian students?

Every year, at least 4,000 Indian students move to Spain to pursue higher education. The country is culturally diverse and rich and full of opportunities. The locals are incredibly welcoming and warm towards international students. 

upGrad Abroad Team

upGrad abroad Editorial Team

We are a dedicated team of study-abroad experts, ensuring intensive research and comprehensive information in each of our blogs. With every piece written, we aim at simplifying the overseas education process for all. Our diverse experience as journalists, content writers, editors, content strategists, and marketers helps create the most relevant and authentic blogs for our readers.

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