5 Affordable Countries to Study Business in Europe | Student Reviews & University Rankings EDUopinions

5 Affordable Countries to Study Business in Europe


Are you looking for high-quality education in an affordable country? We got you! Forget about places with an expensive cost of living. If you would rather spend your savings on a good school, today is your lucky day. EDUopinions is going to list 5 affordable countries to study business in Europe.

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5 Affordable Countries to Study Business in Europe



Do you enjoy spending time at the beach and sightseeing? Do you love Mediterranean food? Greece has the best of both worlds. In fact, Greece is one of the most visited European countries but even so, the cost of living is lower. Since Greece is part of the European Union, it is also a member of the Bologna Process, which means that you can earn and transfer ECTS credits.

Estimated Living Expenses

Monthly Housing: €250/€450

Public transportation per month: €30

Alba Graduate Business School

Since 1992, Alba Graduate Business School in Athens it was supported by various bodies including the Federation of Greek Industries, the Hellenic Management Association, and the Employers’ Union in Greece. At the moment, it partnered with the American College in Europe. It offers Master degrees in Business and also an MBA.

ALBA’s teaching faculty is composed of staff from all over the world, with experience in other prestigious management and business schools. The faculty is from Harvard Business School, Stern School of Business, and London Business School. It counts 37,000 alumnae of ALBA, many of these work internationally in influential positions.

2. Portugal


Portugal is one of the most affordable countries in Western Europe. Lisbon, the capital, is one of the sunniest European capitals, with good food and fast internet. Portugal is also one of the top surf spots worldwide.

estimated Living Expenses

Monthly Housing: €200/500

Public transportation per month: €30/€40

Nova School of Business And Economics

Nova SBE boasts the Triple Crown accreditation and is one of the best business schools worldwide. Their Master in Management (MIM) is currently ranked 37th in the QS World University Rankings, followed by the Master in Finance that sits at number 43. Nova SBE is located in Carcavelos, a beach town in Greater Lisbon, since 1978. It offers Bachelor degrees, Masters, PhDs, MBAs as well as Executive Education programmes, in English.

3. Poland


Poland became an independent modern democracy in 1989. Tourism in Poland has been increasing since the country joined the European Union in 2004. According to Top Universities, international students are very satisfied with polish higher education, claiming it’s one of the best in Europe.

Estimated Living Expenses

Monthly Housing: €300/€400

Public transportation per month: €25

ESCP Business School

The Warsaw campus of ESCP Business School is located on the premises of Kozminski University (KU), which is the only Polish Business School with triple accreditation (AACSB, EQUIS, AMBA). Students who wish to study in Poland can decide between the Master in Management, which is two years long, or the MBA in International Management, which lasts 10 months. Both programmes start in September and are taught in English.

4. Spain


Cost of living in Spain varies depending on which region of the country you choose to live in. Which is why we can consider it affordable. Spain boasts great history and culture, food, beaches, nightlife, it really has it all. Spain also appears in the QS Ranking of Higher Education Systems Strength.

Estimated Living Expenses

Monthly Housing: €300/€600

Public transportation per month: €50

EU Business School

EU Business School offers innovative business education programs, including Foundation, Bachelor’s, Master’s, MBA, DBA and Further Education Programs as well as summer and winter schools. Apart from the programs available on campus, online program delivery is also provided by EU Business School. Courses are designed to enable students to experience the challenges of the real business world through a case study method.

5. France

montpellier, france

Overall, France is considered an affordable country. Cost of living in Paris, its capital, is high, but there are many French smaller towns that students can choose as their future homes. France is famous for romanticism, cheese and wine, baguettes and its Riviera. Plus, public universities in France offer top programmes for low tuition fees.

Estimated Living Expenses

Monthly Housing: €400/€650

Public transportation per month: €75

Montpellier Business School

MBS was established in 1897, which makes it one of the oldest management schools in Europe. Montpellier Business School is accredited by EQUIS, AACSB, AMBA and EPAS. In addition, it offers Bachelor degrees, Masters degrees, and an Executive MBA. Among all, they offer Masters of Science in Finance, in Marketing, in Digital Transformation, in Business Excellence, and in International Business.

Conclusion about the 5 Affordable Countries to Study Business in Europe

These are some of the affordable countries to study business in Europe. However, it is hard to categorize a whole country as affordable or not affordable. In fact, it all comes down to the region or even the city you are looking at, rather than the whole country. Do not know where to look for the perfect university? EDUopinions can help.

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Written by
Cristian is the Assistant Editor & Consultant at EDUopinions with a passion for Education and Learning. Born and raised in Italy, he worked and studied in various countries, including the USA, UK, and Denmark.

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