MBA in Sweden

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MBA in Sweden


MBA in SwedenIt is the dream of many Indian students to study in Europe. Comparatively speaking, Indian universities are at par with their European counterparts. But there are some subtle differences like competitiveness, culture, and education systems that set most European universities apart from the others. Sweden is a Scandinavian country known for its outstanding education fabric, strong cultural values, outstanding faculty, excellent student-teacher ratio, and top-line infrastructure. No doubt, it is extremely popular with Indian students who flock in large numbers to live and work here. An MBA from Sweden is not cheap compared to other Balkan and East European countries. Also, there are far fewer chances of finding flexibility in choosing schools as there aren't many. But once you get through, you will be bowled by the amazing programs, outstanding grading system, and overall air of calmness. So if you are planning to continue your business studies in Europe, Sweden might be the destination you are looking for.

Fee Range The fee ranges between INR 15 lakh to INR 45 lakh, depending on the university.
Work Experience Requirement You will need a VISA and sponsor letter to work in Sweden. Work experience is mandatory while doing an MBA.
GMAT/GRE You don't need a GMAT score to study in Sweden.
Intake The timeline to apply for an MBA in Sweden is between April to October
Work after study You will find many jobs if you know English.

Top Business Schools in Sweden


Sweden is home to several business schools that are ranked among the best in the country. Some of them are listed below –

  • LUSEM - Lund University School of Economics & Management

  • Stockholm University - Stockholm Business School

  • University of Gothenburg School Of Business, Economics, And Law

  • Uppsala University - Department of Business Studies

Why Study MBA In Sweden?


Sweden has a few top-ranked universities that offer global knowledge and exposure. In recent years, universities here have been building their reputation as impeccable educational providers. Plus, you will enjoy the country and learn the skills from the best faculty.

  • Sweden offers a unique learning portal for business students that emphasizes sustainability, skills, and problem-solving.

  • Sweden follows a four-day classroom and encourages students to spend more group time discussing researching, and assignments.

  • Sweden is a multicultural society where people respect different religions, races, and cultures.

  • It is the second safest city globally, and laws are pretty strict. So, international students will have a conducive environment to study.

  • Sweden has a stable socio-economic environment and is extremely tech-savvy and well-informed.

  • The universities' fees are lesser than in the USA and UK to get quality education at affordable rates.

  • Sweden is hygienic and secure, and the living standard is extremely high.

  • It has an expansive network of trains, buses, subways, boats, and planes. So you can go anywhere anytime.

Highlights


Universities in Sweden might be challenging, but they don't frighten students. It focuses on and encourages students to ask questions, get honest feedback, and emerge as business leaders in a positive learning environment.

  • MBA courses in Sweden are some of the finest and stand out through every course.

  • Sweden is a substantial opportunity for studying MBA because of its popularity as a competitive and modern nation.

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

  • You will experience more than just academic life. The people of Sweden are known to be social, and it is easy to make friends in no time.

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

  • Sweden focuses on sustainability and is on a mission to turn the country 100% green by 2030.

MBA Specialization In Sweden


An MBA from Sweden 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:

  • MBA in Automation and Robotics

  • Master's Degree in Marketing and Communication

  • Master in Finance

  • MBA in Hospitality Management

  • MBA in International Management

  • MBA in Property Management

  • Master in Insurance & Risk Management

  • MBA in International Business

  • MBA in Marketing Management

Plus, you can choose from different learning modes like

  • Online MBA

  • Fast-track MBA

  • Executive MBA

  • Part-time MBA

Eligibility for MBA in Sweden


For pursuing an MBA in Sweden, you will need:

  • A bachelor's degree from a recognized university

  • You must be at least 18 years of age before you apply

  • Minimum two years of work experience

  • TOEFL score only for candidates who haven't studied English at the undergraduate level

  • Submission of original degree

  • Work experience certificate

  • Swedish universities accept both GMAT and GRE scores

Documents Required


You would need the following documents:

  • Original certificates of Class X, XII, and graduation degree

  • Letter of recommendation from professors

  • Statement of purpose

  • Photocopy of passport

  • Proof of bank accounts in Sweden branches

  • Details of your stay in Sweden

  • Relevant work certificates (optional)

Intake


Swedish universities conduct admissions twice a year. You can start your application either in April, the summer admission, or Fall admission in October.

Course Duration


There are multiple course durations in Swedish 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)
LUSEM - Lund University School of Economics & Management 24
Stockholm University - Stockholm Business School 18
University of Gothenburg School Of Business, Economics, And Law 18
Uppsala University - Department of Business Studies 24

Admission Procedure


  • Fill the application form online from the required university.

  • You will submit scanned copies of the passport and all other necessary documents, along with four essays.

  • Pay the application fees of 900 SEK

  • Participate in the interview process

  • 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.

  • Go to the Sweden Embassy or consulate after receiving the university's invitation letter.

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

  • After receiving the visa, you are all set to pursue your dream of studying MBA in Sweden at your chosen university.

English Proficiency Requirement


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

  • TOEFL (Test of English as a Foreign Language) score of 80.

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

MBA In Sweden Without GMAT


GMAT is not a mandatory requirement for most universities. However, some universities might ask for your score. It would help if you stayed updated regarding university-specific requirements.

Cost Of Studying MBA In Sweden


The cost of studying MBA in Sweden varies from 2000 Euros to 40000 EUR, which can scale up depending on the university's standard.

Tuition Fees


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

UNIVERSITY TUITION FEES
Karolinska Institute 34,000 EUR
Lund University 21,000 EUR
Uppsala University 25,000 EUR
Stockholm University 25,000 EUR
Blekinge Institute of Technology 9,600 EUR
University of Gavle 9,400 EUR

Visa


International students wishing to study MBA in Sweden must apply for a resident permit in Sweden. The Visa application lasts around 90 days following submission. The cost of the application is SEK 1000. You will need the following documents:

  • Completed application form

  • Copy of valid passport

  • Copies of all education documents with the official records

  • Photocopies of all medical certificates with official records

  • Translation of the passport into Swedish

  • Medical insurance policy

  • 4 passport size photos

  • Receipts confirming the payment of state duties

  • Temporary residence permit

Scholarships


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

  • Lund University Global Scholarship Programme

  • The World Bank Scholarship and Fellows Program

  • Open Society Foundation Fellowships and Scholarships

  • The University of Gothenburg Study Scholarship

  • Karlstad University Global Scholarship Program

  • KTH Royal Institute of Technology Tuition Fee Waivers

  • Swedish Institute Study Scholarships

  • Chalmers IPOET Scholarships

  • Halmstad University Scholarships

Part-Time Jobs During MBA In Sweden


You can work as many hours as you like in Sweden. It is one of the biggest advantages of studying in this country. However, international students must devote at least 40 hours per week to their studies.

Learn The Swedish Language


Most people in Sweden are fluent in English. However, you can learn Swedish to converse fluently with the locals. Almost 70% of the population in Sweden speaks Swedish in their day-to-day lives.

Full-Time MBA In Sweden


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

  • LUSEM - Lund University School of Economics & Management

  • Stockholm University - Stockholm Business School

  • University of Gothenburg School Of Business, Economics, And Law

Part-Time MBA in Sweden


Many universities offer part-time MBA programs, including

  • Uppsala University - Department of Business Studies

  • Karolinska Institute

Proficiency Requirements


If you don't know English, it can be a problem in Sweden. It would help if you also learned Swedish for convenience.

Job After MBA In Sweden


Sweden has a lot of employment opportunities. So, finding a job after MBA won't be difficult. There are a lot of MNCs and conglomerates in Sweden that give you scope to learn different skills and explore opportunities in the country.

Indian Students in Sweden


Over the last few years, the number of Indian students has climbed up in Sweden. That's because Sweden offers greater ease of moving in than other European nations.

Cost of Living in Sweden


  • Meal for two at an inexpensive restaurant - Rs 1000

  • Regular grocery - Rs 800

  • One-way ticket (local transport) – Rs 300

  • Monthly-pass - Rs 7000

  • One-bedroom flat rent - Rs 117819

Visa Requirement In Sweden


The student visa in Sweden is called a "resident permit for studies." If your program is less than three months long, you'll need to apply for a Short-stay visa. If your program is longer than six months, the visa you're eligible for is the Long stay visa type D.

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


Applying to a Swedish University takes a lot of sweat and hard work. Achieving it alone cannot be easy. That's why you need help from premium education consultants like Anigdah and choose from these top benefits:

  • Consulting: Anigdha is here to consult and guide every student willing to study abroad.

  • Shortlisting: based on your preferences and specifications, we will shortlist the best universities for you.

  • Application Documentation: if you are confused regarding the documents to upload during the initial process, we will help you

  • Application: We will apply to the best universities on your behalf.

  • Interview: If the university conducts an interview, we will help you with the mock rounds.

  • Financial Guidance: Finance is one of the most important aspects of international education. We will guide you through the finances.

  • Visa: From visa application to accommodation arrangements, we will help you with everything right from the start.

MBA in Sweden at a Low Cost


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

  • Stockholm University - Stockholm Business School

  • University of Gothenburg School Of Business, Economics, And Law

  • Uppsala University - Department of Business Studies

About Sweden


About SwedenSweden is the largest Nordic country with a population of around 10 million. It has a developed economy with one of the best living standards globally. Nature tourism is one of the biggest attractions in the country, and each year it hosts thousands of tourists. The capital of Sweden, Stockholm, is one of the most breathtaking places. Europe's best medieval city with stunning scenery and idyllic landscape built on fourteen islands. Swedish education encourages creativity, and no doubt, some top companies started their operations from its shores. Swedish education is one of the best globally and is known for individuality. The Swedish passport is one of the most powerful globally that gives you access to 186 countries. Plus, Swedish society is secular, and you will get more freedom than anywhere else in Europe. So, pack your bags and get ready to fly to Sweden and explore a whole different world.

Capital Stockholm
Largest City Stockholm
Official Language Sweden
Dominant Religion Christianity
Total Area 450,295 km2
Total Population 10,481,937
Currency Swedish Krona

FAQs


What's The Average Living Cost In Sweden?

 

The average monthly living cost in Sweden for food is SEK 2000; accommodation is SEK 4070, local travel is SEK 550, phone/internet is SEK 300, and others are SEK 1450, which gives a total of SEK 8370.

Do Swedish Universities Accept Study Gaps?

 

Swedish Universities Accept Study gaps, and you don't need to worry. You will get an MBA admission after 5 years of graduation. But you will need to show your experience at the time of admission.

How Fast Can You Get A Residence Permit?

 

The fastest way to get a residence permit is by applying online. It goes directly to the Swedish Migration Agency.

Is Sweden Expensive?

 

Sweden is an expensive place to live and work. But there are variations between, say, Stockholm and Lund. The most pricey thing about Sweden is the rent, which keeps climbing by 1% each year.

Is An MBA Worth It In Sweden?

 

A Swedish MBA is highly valued globally, and it won't be difficult to land a job after completing your master's.

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