Study Abroad Study in Italy MBA in Italy: Admission, Requirement, Course, Cost, Scholarships, and Careers

MBA in Italy: Admission, Requirement, Course, Cost, Scholarships, and Careers

Study Abroad Team 05/02/2024

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Highlights of the MBA Courses  in Italy

Students pursuing MBA courses from top Italian universities get global exposure with top-class education facilities. The medium of instruction for MBA courses in Italian Universities is English. The country has a rich cultural heritage, and students get the opportunity to mingle with people from diverse cultures. Most of the top B-schools in Italy would give their best in growth and education to a candidate. Studying in Italy will be a bset option for Indian Students

Why Study MBA Courses in Italy?

The top Italian universities offering MBA courses maintain high and latest education standards. 
Italy is an affordable destination for students to pursue an MBA. Moreover, the cost of living is also comparatively low. 
There is an easy communication system, and traveling is accessible from one point to another. 
The up-to-date curriculum and the latest infrastructure are also prominent reasons to choose an MBA in Italy. 
The competitive course structure of an MBA aspirant helps them gain knowledge and experience in practical skills to serve their fieldwork effectively. 
Students can explore beyond their boundaries and can become competent professionals at the end of the day.

Types of MBA Courses in Italy

There is a wide range of MBA courses, and they are:

MBA in Film Production 
MBA in Accounting and Finance
MBA in Capital Master of Business Administration
International Flex Executive Master of Business Administration
International Full-Time Master of Business Administration
International Part-Time Master of Business Administration
MBA in Maritime and Shipping Management
MBA in International Business
Executive MBA
GEMBA Global Executive MBA

List of Universities Offering MBA Courses in Italy

Luiss Guido Carli
MIB Trieste School of Management Trieste
Bologna Business School Bologna
ESCP Europe – Torino Campus
CIMBA Paderno del Grappa
POLIMI Graduate School of Management
MIP Politecnico Di Milano Graduate School of Business
SDA Bocconi School of Management Milan
St. John's University
Universita Cattolica del Sacro Cuore – Alta Scuola Impresa e Società (ALTIS)
University of Pisa
Rome Business School

Admission Process

Candidate has to select an MBA program 
It is essential to review the eligibility criteria before applying 
Get the proficiency score 
Apply for admission 
Get the financial documents ready 
Add the academic records 
Give current employee status 
Include the scholarship a candidate is eligible for 
Submit the application fee 
Apply for a student visa 
Look for accommodation 
Enroll through the University portal

Eligibility Criteria

A candidate should complete a bachelor's degree or equivalent from a reputable institute of native countries.
GMAT is mandatory, with a qualifying score
A student should furnish suitable 1 to 3 years of work experience. 
Students from a non-native English country should produce a TOEFL or PTE efficiency score. The minimum qualifying grade varies from one B-school to another.

Documents Required

School certificates and mark sheets
Bachelor's degree certificates and scorecards
School leaving certificates 
Proof of language proficiency test 
Work experience 
Personal statement 
Letter of recommendation 
Valid passport 
Student Visa

Proficiency Test

IELTS: 6.0 Bands
CEFL Level: B2
TOEFL PBT: 550

Visa Process

Candidate should arrange for the necessary documents for a smooth visa process, and they are:

Application form for visa
Passport size photo
Valid travel details
Accommodation details in Italy
Health insurance certificate 
Financial records to ensure that the candidate has enough money to stay in Italy till the end of the MBA program 
An acceptance letter recognized by the University 
Application fee receipt 
Certificate clarifying that student doesn't have AIDs or HIV or other STDs

Cost of Studying MBA Courses in Italy 

1. Tuition Fees

The average cost of approximately 19000 to 30000 Euro 
Some B-schools charge a high fee, which is almost 48000 Euro

2. Cost of Living

Expenses	Cost in EUR
Food	Approximately 150
Transportation	Approximately 250 EUR
Accommodation	Approximately 700 to 800
Miscellaneous	Approximately 30 to 40

Scholarships for MBA in Italy

The eligibility for a scholarship is based on a candidate's merit and work experience. However, the criteria vary from one college to another. With good record, a candidate can get benefits from the following:

LUISS Business School

It has three partial scholarships 
It waives 25% of the tuition fees, which is almost 24000 EUR

Masters International Scholarships by Durham University of Business School

The grant under the scholarship is up to 7500 EUR

VISH International School

It offers a grant of up to 100 EUR
It is given in the first year of a study program
It can give up to 50% discount on tuition fees

Forte Fellows Program

This scholarship is for women candidates applying for MBA programs. The grant is 26000 EUR

University of Bologna Study Grants for International Students

It is applicable at the University of Bologna for its first, second, and second-cycle degree program 
It offers three study grants, they are – 11059 EUR and a total fee of 20000 EUR for the first-degree program 
The grant for the second-degree program is EUR 11.059 with a complete fee waiving of 80000 EUR

Job Opportunities on Competing MBA in Italy

International students with MBA degrees should have proficiency in English and Italian. It can help them get jobs in Italian companies. Some top companies are UniCredit, Atlantia, Ferrari, and Lamborghini. 

Interns with Italian student visas can work up to 4 hours daily. Interns can earn up to 500 to 1000 EUR at Italian companies, depending on background and experience. 

Some of the promising job roles that most MBA students pursue in Italy are:

Risk Management Leader
Product Manager
HR
Business Analyst

Job Role	Average Yearly PayScale
Project management	Approximately 42, 660 EUR
Consulting professional	Approximately 52429 EUR
Legal and paralegal	Approximately 45, 340 EUR
Business development	Approximately 83, 517 EUR

FAQs   

1. What are the Roles a Candidate can Work as Part Time in Italy?

Students willing to earn some money from a part-time job in Italy can apply for roles like business consultant, financial advisor, and others. It should help one survive while living in Italy. 

2. Does a Candidate Need to Produce Any Proof of Language Proficiency?

A student should have language proficiency in English. It is a crucial eligibility criterion when applying for MBA courses at an Italian university. 

3. Which areas are Suitable for Low Cost of Living in Italy?

Places in Italy like Bologna, Pisa, Turin, and Padua are affordable. It has 550 EURO to 750 EURO as monthly expenses. 

4. How much is the GMAT Eligibility Score?

The GMAT score for studying MBA in Italy is 600 or higher. 

5. Is Italy the Best Destination for an MBA?

Yes, there is high competition for admission among the top B-Schools in Italy. A student should have good academic scores and experience to get through the best school. 

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