Are you interested in studying in Northern Europe? Are you wondering which are the best business schools in Estonia? How much does it cost to study? Can I study an MBA in Estonia? We have the answers to all your questions! So let’s proceed step by step.
Is Estonia a Good Place to Study?
One of the reasons why Estonia is a great place to be is that it is affordable for students, who are not required to get an additional work visa to be able to work full time during their studies. In addition, it is an e-society. Nearly everything happens online, from managing your bank account to opening your own company and even getting a degree. According to Study in Estonia, the country ranks second for internet freedom worldwide and it is considered to be one of the safest places globally. Furthermore, Forbes Magazine voted the Baltic state as an ideal start-up hot-spot in their 2014 shortlist. Therefore, if you are planning to settle in Estonia, studying here is a great life decision.
Estonian business schools Tuition fees
You’re probably now thinking that Estonia sounds like it could be the perfect destination for your studies! So what about tuition fees? The average fees for BAs and Masters are a bit more than EUR 3,000 per academic year. An MBA from one of the best business schools in Estonia can cost you as little as EUR 6,200. According to MBA Today, tuition fees for an MBA in other EU countries can easily reach EUR 80,000 or more.
Why study an MBA in Estonia?
Not only are MBA programmes more affordable in Estonia compared to other countries, but they also challenge students to help them become highly qualified professionals. MBA programmes in Estonia tend to take an international perspective, so students will not only explore issues in business locally but rather tackle business on a global scale.
Business programmes in Estonia
One-year MBA at Estonian Business School
If you are looking to improve your management skills, the one-year MBA at Estonian Business School might be right for you. Not only you will build a strong base in key areas of business but you will also learn and grow with like-minded people. EBS expects candidates with at least 3 years of professional experience, a 240 ECTS Bachelor or equivalent qualification, at least a B2 English, and a catchy application.
The tuition fee for this one-year MBA is EUR 6,200.
EBS is the oldest private business school in the Baltics. It counts approximately 1500 students (1/3 international) and has campuses in Tallin and Helsinki. In 2018, it also ranked in the top 300 business schools worldwide in the Eduniversal Ranking.
Master’s of International Business Administration at TalTech
Tallinn University of Technology offers a 2-year Master’s degree in International Business Administration. Lectures are in English and the programme is delivered full-time. At the completion of the degree, students will have gained knowledge and skills to become successful international managers, whether they decide to remain in Estonia or move elsewhere in the EU. Students can major in one of the following areas: strategic management, export management, international business, business trends, management and leadership or supply chain management.
The tuition fee per year for this 2-year Master’s is EUR 3,100.
TalTech is the only technological university as well as the most innovative university in the country. This public university offers 20 programmes in English (4 Bachelors and 16 Masters) and has approximately 500 partners worldwide.
Master of International Relations at Tallinn University
Tallinn University offers a flexible 2-year International Relations programme. Teaching happens Monday-Friday evenings from 16:30 or 17:00 until 20:00. This structure is great for students who wish to study or take internships during the day. Students of IR can specialise in one of two modules: “Changing World Order” or “International Security and Conflict Studies”. Furthermore, there is an elective wide range of courses so students can adapt their studies to their research interests.
The tuition fee per year for this 2-year Master’s is EUR 3,256.
About Tallinn University
Tallinn University is a research university composed of two regional colleges and six schools. Each one of these schools represents a focus field. Both QS World University and Times Higher Education rankings place it within the top 5% of the best universities worldwide. In addition, it also organises a Summer School (3-week programme that runs in July) and a Winter School (which takes place in January).
Bachelor of Business Administration at the University of Tartu
The 3-year BBA programme offered by the University of Tartu covers all major areas of business: business law, management, economic policy, accounting, finance, marketing, ethics, human resources, global economy, innovation and research methods. At the completion of the programme, the students have a wide range of possible career choices and opportunities. Thousands of graduates work successfully either in private businesses or in public institutions.
The tuition fee per year for this Bachelor’s is EUR 3,800.
About the University of Tartu
The University of Tartu was founded in 1632 and is the largest university in Estonia. Is the top 300 universities in the world in the QS World University Rankings 2020, which is why it is considered one of the most respectable education and research centres in Central and Eastern Europe.
If you are looking for a safe and affordable country in Northern Europe with outstanding educational institutes, you may have found it. Estonia is the perfect place to be for young entrepreneurs. They will be able to easily open their business online, do banking from anywhere, and study in English.