MBA in Portugal

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MBA in Portugal


MBA in PortugalAre you planning to do an MBA in Europe? There are many top countries you can consider for completing your master's. But the cost is a big factor when choosing to do your MBA from London, Bonn, Paris, or Madrid. For students looking for alternatives, Lisbon presents a fantastic alternative. That’s because Portugal has a lower cost of living, a thriving business climate, and stunning tourist destinations. Plus, management programs from Portugal are globally recognized, and you will have plenty of options to choose from for your electives. You will also have the option to learn Portuguese, the sixth most spoken language. Also, indulge in a culture that loves to interact with foreigners.

Fees Range The fee ranges between 1500 EUR to 4000 EUR depending on the university.
Work Experience Required
GMAT/GRE Not mandatory
Intakes The timeline for an MBA in Portugal is between April and October.
Work After Study You will find many jobs if you know Portuguese.
Scholarships Yes

Top Business Schools In Portugal


Public MBA Colleges In Portugal –

  • Nova School of Business and Economics

  • Universidade Católica Portuguesa

  • University of Algarve

  • Lisbon School of Economics & Management

Private Colleges -

  • Polytechnic Institute of Bragança

  • Instituto Superior de Contabilidade e Administração do Porto

  • Atlântica - Instituto Universitário

  • ISAG - European Business School

Why Study MBA in Portugal?


Portugal offers excellent conditions to international students, both academic and living experiences. Also, you need to bear in mind the program's quality before taking up an MBA. Fortunately, most universities and private institutes in Portugal follow international guidelines for MBA. Here are a few reasons why you should consider Portugal as your next master's destination:

  • Some MBA programs in Portugal are well ranked worldwide and are fully taught in English

  • Lisbon has a diverse cultural past and has accredited school/college degrees.

  • The universities in Portugal have simplified eligibility requirements for MBA.

  • Most universities don't require a GMAT or GRE score.

  • There are many international students in Lisbon and other cities, and the numbers are increasing steadily.

  • MBA in Portugal is less expensive than those in most other European countries

  • It is one of the safest places in the world for international students.

Highlights


Portuguese universities enjoy high rankings around the globe and are known for their excellent faculties. Some of the highlights of a Portuguese MBA include:

  • There are no capitation and donation charges for MBA courses in Portugal.

  • All MBA programs in Portugal are globally recognized and rated highly by foreign countries.

  • The MBA syllabus is equivalent to the USA, UK, Germany, China, and other advanced countries.

  • You will gain valuable experience and real-life exposure.

  • The people of Portugal are known to be social, and once you grasp Portuguese, you will make friends in no time.

  • Portugal provides a high standard of living for students and families throughout the country.

  • The country is known for its delectable cuisines and arrives in several options like street food, high-end restaurants, and mini joints.

MBA Specialization in Portugal


An MBA from Portugal is highly-rated all over the globe. Plus, you will have the chance to choose from multiple specializations across a broad spectrum of study patterns. Some of the best specializations offered here include:

  • Master's Degree in Marketing and Communication

  • Master in Finance

  • Global Executive MBA

  • MBA in International Management

  • MBA in International Business

  • Master in Insurance & Risk Management

  • MBA in International Business

  • MBA in Marketing Management

  • MBA in Trade Cycle

  • MBA in Stocks and Finance

Plus; you can choose from different learning modes like

  • Online MBA

  • Fast-track MBA

  • Executive MBA

  • Part-time MBA

Eligibility for MBA in Portugal


For pursuing an MBA in Portugal, you will need:

  • A graduation degree from a recognized university

  • You must be at least 20 years of age before you apply

  • Work experience certificate, if any

  • Submit English proficiency requirement

  • Submission of original degree

  • Work experience certificate for Executive MBA

Documents Required


You would need the following documents:

  • Original certificates of graduation degree

  • Letter of recommendation from professors

  • Statement of purpose

  • Photocopy of passport

  • Proof of bank accounts in Portuguese branches

  • Details of your stay in Portugal

  • Relevant work certificates (optional)

  • Transcript of records

Intake


Portuguese universities normally contain three academic sessions:

  • April-May

  • June-July

  • August-September

Course Duration


There are multiple course durations in Portuguese universities. However, most regular MBA programs are two years. Besides, you can also opt for fast-track and executive MBA programs that will take one year to complete.

School/University Course Duration (in months)
Instituto Superior de Contabilidade e Administração do Porto 18
Nova School of Business and Economics 24
Polytechnic Institute Of Bragança 10
ISAG - European Business School 22
Lisbon School of Economics & Management 33
Atlântica - Instituto Universitário 12

Admission Procedure


  • The first step is filling in the application form that needs to be done online.

  • In the next step, you will need to submit scanned copies of the passport and all other necessary documents.

  • Now, you need to wait to collect the letter of admission issued by the university after submitting the form.

  • The immigration would start after you get the admission confirmation from the university.

  • You need to approach the Portugal Embassy or consulate after receiving the university's invitation letter.

  • The next step involves the application for a Portugal student visa.

  • Final acceptance letter from your chosen university

  • Sufficient Euro of 300-500

English Proficiency Requirement


You will need at least one of the following exams if you want to study in Portugal:

  • TOEFL (Test of English as a Foreign Language) score of 93.

  • IELTS (The International English Language Testing System) score of 6.5.

  • CPE score of Grade C

MBA in Portugal Without GMAT


You would need a GMAT score to study in Portugal. However, many colleges accept GRE scores as well. So, if you don’t have a GMAT score, don’t worry; because universities will take you in with a valid GRE.

Cost of Studying MBA in Portugal


The cost of studying MBA in Portugal varies from 1500 EURO to 4000 EURO per year, which can scale up depending on the university's standard.

Tuition Fees


The fee structure of an MBA in Portugal varies according to the school you choose to study. Let us look at the tuition fees of some B-schools and management institutes in Portugal.

  • Nova School of Business and Economics - EUR 3500

  • University of Algarve EUR 2500

  • Lisbon School of Economics & Management - EUR 2750

Visa


You will require a Portuguese Type D visa to study as an international student. However, EU students don't require a Visa in Portugal. After your arrival, you will have 60 days to obtain a residency permit. You will need to submit the documents to a residency bureau or exit-entry administration.

  • Apply at your local Portuguese Embassy

  • Submit the application in person or with a travel agent

  • Official enrollment offered by the university

  • Support of financial means of 800 EUR

  • Valid passport for 2 years

  • One passport size photograph following Schengen picture guidelines

  • Proof of legal status in your country

  • Letters of recommendations from two recognized persons in Portugal

  • Valid physical examination record

  • Proof of financial means

  • Proof of Schengen travel health insurance

  • Adequate health coverage

Scholarships


Various scholarships are awarded to international students coming to study in Portugal. It includes

  • University of Porto Merit Scholarships

  • SASUP Scholarships

  • Instituto Portugues de Apoio ao Desenvolvimento scholarships

  • Fundacao para a Ciência e a Tecnologia scholarship

Part-Time Jobs during MBA in Portugal


You don't require a work permit to study in Portugal. Part-time jobs in Portugal are available for the students, but the law permits students to work a maximum of four hours per day. A student can work for a maximum of 20 hours per week and three months of permanent work during the holidays with a student visa.

Learn the Portuguese Language Before MBA


If you plan to go for an MBA in Portugal, it would certainly be a good idea to learn the local dialect, at least basic communication. This would help communicate with the local people, who otherwise would have been difficult. But you need not worry about the course since it is taught in English.

Full-Time MBA in Portugal


There are top B-schools in Portugal that offer full-time MBA programs that include:

  • Nova School of Business and Economics

  • Universidade Católica Portuguesa

  • University of Algarve

  • Lisbon School of Economics & Management

  • Universidade de Évora

Part-Time MBA in Portugal


Many universities offer part-time MBA programs, including

  • Atlântica - Instituto Universitário

  • ISAG - European Business School

  • Nova School of Business and Economics

Portuguese Proficiency Requirements


It is better to brush up on your Portuguese skills before traveling to Portugal. Although most programs are conducted in English, it is good to learn Portuguese to converse fluently with local people and follow their customs.

Job After MBA in Portugal


Salaries for MBAs from Portugal are rising and hold a promising future. After completing your MBA, you will find employment as

  • Field Sales Manager

  • Budget Analyst

  • Financial Manager

  • Accounting Manager

  • Risk Manager

  • Treasurer

  • Tour Manager

Indian Students in Portugal


Portugal is a popular study destination, especially among Indians. The country offers quality education, extensive infrastructure, and job opportunities, making it a great place to visit and study. In fact, the country has the largest number of international students from India among all European countries. The country has one of the highest international student populations in Europe, with more than 100,000 international students, including more than 38,000 Indians.

Cost of Living in Portugal


  • Meal for two at an inexpensive restaurant - Rs 800

  • Regular grocery - Rs 600

  • One-way ticket (local transport) - Rs 100

  • Monthly-pass - Rs 3000

  • One-bedroom flat rent - Rs 8000

How Do We Help You In Securing An MBA Seat In Portugal?


If you want to study in Portugal, you have good news. Some top-line universities in Portugal offer stunning programs, excellent faculties, and an endless choice of electives. But getting into a foreign university requires you to apply through proper channels. That’s why you need to consult an overseas education partner to simplify the admission process. In addition, you will receive these benefits:

  • Consulting: You will have experienced counselors who will be ready to help you anytime.

  • Shortlisting: Overseas consultants have tie-ups with major B-schools in Portugal. Therefore, we will shortlist the best business school for you.

  • Application Documentation: When it comes to the application process, we will guide you through and help you understand the documents required.

  • Application: Consultants will help you to onboard, apply on time, and help you to settle. You will have the option to ask for any help even after you have settled in Portugal.

  • Interviews: We will help you with mock rounds if any university conducts an interview round for admission.

  • Financial Guidance: Whether it's the fee structure, living expenses, or funding assistance, we will help you understand them systematically.

  • Visa: Consultants will simplify the VISA application process and properly fill out your job form.

MBA In Portugal At A Low Cost


Completing an MBA from a B-school is costly. So, here are a few cheap MBA colleges you can consider:

  • University of Porto

  • University Institute of Lisbon

  • University of Minho

  • University of Coimbra

About Portugal


About PortugalPortugal is a special country full of lively people, fascinating culture, and beautiful beaches. So, whether you are traveling as a tourist or visiting as a student, you will soak in the fascinating atmosphere. Plus, Portugal is the official language of Portugal, Brazil, Cape Verde, Angola, Guinea Bissau, and other nations. Portugal has the world’s largest cork forest, and it is illegal to cut down an oak tree without government approval. Also, students from India find the Portuguese climate quite temperate because of mild winters and sunny summers. The Portuguese economy has undergone a vast change over the past decade. A vast majority of the people are employed in the services sector and accounts for 30% of the employment. So, you will find many lucrative job offers after passing out of B-school in Portugal. The people of Portugal are very friendly and will welcome you with open arms.

Capital Lisbon
Largest City Lisbon
Official Language Portuguese
Dominant Religion Christianity
Total Area 92,212 km2
Total population as per 2021 estimate 10,352,042
Currency Euro

FAQs


Do You Need To Prove Your Income?

 

Yes, you must prove means of subsistence for at least one year. According to European standards, subsistence is based on the monthly value of 665 Euros per person.

What Is The Erasmus+ Program In Portugal?

 

Erasmus+ is an academic exchange program that supports Masters and Ph.D. students to complete their education in other partner countries.

What Is The Focus Of Education In Portugal?

 

Portuguese MBA primarily focuses on innovation and research. Besides, a Portuguese education lays more practical education rather than theory.

Is Portugal Expensive?

 

Portugal is much cheaper than other European nations as the minimum wage is less than 500 EUR. Of course, prices vary by location, but the prices are much lower than you find in London or Paris.

What Are Some Tips To Travel In Portugal?

 

Check the insulation of your home. There is no heating most of the time, and if there is some, you will find them inadequate. The faculties are experts, and you will have zero problems adjusting in Portugal.

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