MBA in Italy - Universities, Courses, Eligibility & Fees 2024

Kasturika Samanta

6 min read

Updated On Aug 02, 2024

MBA in Italy is a 1-year program with September and February intakes. It costs between EUR 30,000 and EUR 70,000 annually, with top universities offering various specializations and promising job prospects with companies like Ferrari and Microsoft.

Top MBA Universities in Italy
MBA in Italy Cost
MBA in Italy Requirements
MBA Salary in Canada
Final Thoughts
Useful Resources

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MBA in Italy is a 1 year postgraduate program, offered in both full-time and part-time formats. There are 2 intakes for MBA in Italy - September and February. A recognized bachelor's degree with a minimum GPA of 3.25 on a scale of 4.0, work experience of 1 to 5 years, and competitive GMAT or GRE scores are typically required for admission.

The Italy MBA fees depend on the specialization and university. However, the range of MBA in Italy for Indian students fees is between EUR 30,000 to EUR 70,000 annually, which is equivalent to INR 27,00,780 to INR 63,01,820 for an Indian student.

The guide provides information on eligibility, top business schools in Italy, fees, and placement salary after an MBA in Italy for Indian students.

Top MBA Universities in Italy

Italy, renowned for its rich history, culture, and cuisine, is also emerging as a sought-after destination for pursuing an MBA. It boasts several prestigious universities offering top-notch MBA programs. Here's a look at the top universities in Italy for MBA:

QS Rank 2025	University Name	Specializations	Average Fees (EUR)
111	Politecnico di Milano	Entrepreneurship, Innovation & Start-up Luxury & Design Management Digital Transformation & Big Data Sustainable & Global Management	38,000
133	University of Bologna	Finance Marketing International Business Entrepreneurship	19,756
=236	University of Padua	Finance Marketing International Business Human Resources	22,250
=347	University of Naples Federico II	Information technology Finance Marketing Business analytics Entrepreneurship Health administration	23,000
382	University of Pisa	Finance Marketing International Business	35,000
691-700	University of Siena	Economics Business (Business Concentration Major) Marketing Finance	24,000

Top Business Schools in Italy

Other than the Italy top universities for MBA, let’s have a look at the best MBA colleges in Italy and business schools in Italy in the table below.

College/School	Specialization	Total Tuition Fees (EUR)
SDA Bocconi School of Management Milan, Italy	Finance, Marketing, International Business	65,000
Bologna Business School	Business analytics, International business, Marketing, Finance, Entrepreneurship, Technology management	35,000
MIB Trieste School of Management	International Business, Insurance & Risk Management	25,000
POLIMI Graduate School of Management	Finance, Management, Innovation	34,000
LUISS Business School	Finance, Management, Marketing	30,000
ESCP Business School	General Management, Entrepreneurship	51,500

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MBA in Italy Cost

Pursuing an MBA in Italy offers a range of tuition fees depending on the type of institution, program, and whether you are pursuing MBA in Italy in public universities. Nonetheless, Italy MBA fees for Indian students are relatively low, which makes it easier for them to pay for their other fees.

Cost MBA in Italy - Top Universities

The average total tuition fees for MBA in Italy for international students ranges from 30,000 EUR- 80,000 EUR (INR 27-63 Lakh).

The following table indicates the tuition fee for the entire duration of the MBA program for all the top MBA colleges in Italy.

University Name	Average Fees in EUR	Average fees in INR
Politecnico di Milano	38,000	34,20,988
University of Bologna	19,756	17,78,554
University of Padua	22,250	20,03,078
University of Naples Federico II	23,000	20,70,598
University of Pisa	35,000	31,50,910
University of Siena	24,000	21,60,624

List of Affordable MBA Universities in Italy

Affordability is one of the deciding factors while choosing a university for international students. Here is a table of affordable MBA universities in Italy along with their average costs:

Name of University	Average Cost (EUR)	Average Cost (INR)
SDA Bocconi School of Management	65,000	59,04,465
Bologna Business School	35,000	31,79,327
MIB Trieste School of Management	25,000	22,70,948
POLIMI Graduate School of Management	34,000	30,88,489
ESCP Business School	51,500	46,78,153

MBA From Italy: Cost of Living

Italy has a lower cost of living than many other nations. However, it is still pricier than 59% of all nations and 173.36% more than India.

In addition to rent, an international student should budget at least EUR 779 (INR 70,130) each month, and a family of four should spend at least EUR 2,741 (INR 2,46,761 lakhs) per month. The majority of other cities, like Bologna, Padua, and Turin, charge between EUR 550-750 a month.

The table below outlines the typical monthly expenses for a student in Italy other than the MBA in Italy fees:

Expense Type	Cost Per Month (EUR)	Monthly Cost Equivalent (INR)
Accommodation on Rent	300 - 700	27,009 - 63,021
Food	150 - 250	13,505 - 22,508
Utilities	90-150	8,102-13,503
Phone and Internet	30-50	2,701-4,502
Public Transport (Monthly Pass)	25-35	2,251-3,151
Entertainment	50-100	4,502-9,003

MBA in Italy Requirements

Every applicant must confirm that they meet the requirements for admission to the university before submitting an application to top business universities in Italy. While each institution has its own set of prerequisites for admission, there are some requirements for MBA in Italy universities that apply to all of them, such as having a degree, having a certain GMAT score, and having a letter of recommendation, among others.

Application Process for MBA in Italy

General Requirements for MBA in Canada

To be eligible for admission to the best MBA university in Italy, applicants typically need to meet the following criteria:

Criteria	Details
Bachelor’s Degree	A recognized undergraduate degree from a reputable institution.
Standardized Tests	GMAT (600 or above) or GRE scores IELTS score: 6.0 or above, TOEFL score of 80+
GPA	A minimum GPA of 3.25 or equivalent on a 4.0 scale is commonly expected.
Letters of Recommendation	Minimum 2 letters from academic or professional referees.
Statement of Purpose	An essay of 1-2 pages outlining career goals, motivations, and reasons for choosing the specific MBA program.
Work Experience	Most institutions require 1-3 years of work experience for admission to MBA programs at Italy institutions.

Specific Requirements for Indian Students

Indian students seeking to pursue an MBA in the best business schools in Italy need to meet certain requirements, including standardized tests, language proficiency tests, and other specific criteria.

Here are detailed requirements for MBA colleges in Italy for Indian students:

Top Universities for MBA in Italy	Minimum IELTS Requirement	Minimum TOEFL iBT Requirement	Other
Politecnico di Milano	6	78+	GMAT - 650 and above (or GRE equivalent)
University of Bologna	6.5	80-99	GPA - 2.5
University of Padua	6	80+	GMAT ≥ 600 / GRE ≥ 300
University of Naples Federico II	6.5+	70+	GPA - 2
University of Pisa	7	90	GPA - 2.2
University of Siena	5.5	87	G.P. A -2.50 GMAT - 300

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MBA Salary in Canada

In Italy, MBA graduates often find that their advanced education opens doors to various professional opportunities, though salary expectations can vary based on several factors. The average salary for MBA graduates from Italian colleges is approximately EUR 50,000 (INR 45,08,243) per year, making them among the top paid in Europe.

This overview explores the salary landscape for graduates after completing MBA from top B schools in Italy, providing insights into how earnings differ by experience level, industry, and location.

Job Profile	Average Base Salary in EUR	Average Base Salary in INR
Marketing Manager	46,000	41,41,196
General Manager	85,000	76,52,210
HR Manager	51,373	46,24,905
Finance Manager	56,211	50,60,451
Portfolio Manager	42,500	38,26,105
Product Manager	43,900	39,52,141
Business Analyst	31,750	28,58,325

Top Recruiters for MBA in Italy

Italy is a prominent hub for MBA among international students as top recruiters, like Ferrari, Microsoft, Google and Lamborghini actively select promising candidates after MBA in Italy from top MBA colleges in Italy.

Here are some of the top recruiters for MBA in Italy along with the average salary they provide.

Company	Industry	Average Base Salary (USD)
Ferrari	Automotive	80,000 - 100,000
McKinsey & Company	Management Consulting	160,000 - 190,000
Boston Consulting Group	Management Consulting	160,000 - 180,000
The Parthenon Group	Management Consulting	120,000 - 140,000
Microsoft	Technology	110,000 - 130,000
Google	Technology	120,000 - 140,000
Lamborghini	Automotive	80,000 - 100,000
UniCredit	Banking & Finance	100,000 - 120,000

These figures are sourced from various reports and reflect the average compensation for MBA graduates working in these companies. With a curriculum that combines rigorous business training with the opportunity to experience Italy’s vibrant economic environment, MBA students are well-prepared for a range of professional paths. While salaries for MBA graduates in Italy can vary based on factors such as location, industry, and experience, the potential for career growth and advancement remains strong.

Final Thoughts

As you consider an MBA in Italy, it's essential to weigh these factors and align them with your career goals. Ultimately, an MBA from an Italian institution can be a valuable asset, offering both professional rewards and a chance to immerse yourself in one of Europe's most culturally and historically rich countries.

Useful Resources

Frequently Asked Questions

Is Italy good for MBA?

Italy offers a strong MBA education with several top MBA colleges in Italy, such as SDA Bocconi in Milan and LUISS Business School in Rome. The country provides a unique combination of high-quality education and a rich cultural experience. Italian MBA programs often emphasize international business, management, and entrepreneurship, making them attractive for students seeking a global perspective.

How much does an MBA cost in Italy?

The cost of an MBA in Italy typically ranges from €30,000 to €70,000 for the entire program. The price can vary based on the institution, program length, and whether it’s a full-time or part-time course. The fees for public universities in Italy for MBA may be less.

What is the salary after MBA in Italy?

MBA graduates in Italy can expect varying salaries based on their experience and industry. On average, entry-level positions may offer between €35,000 to €50,000 annually. Mid-level roles typically range from €50,000 to €80,000, while senior positions can exceed €80,000 and may reach up to €120,000 or more.

How to do an MBA in Italy from India?

To pursue an MBA in Italy from India, follow these steps:
Select a business school and program that fits your career goals.
Some Italian programs may require the GMAT or GRE.
Submit an application, which generally includes academic transcripts, letters of recommendation, a statement of purpose, and possibly a GMAT score.
Explore scholarships, loans, and other funding options.
Once accepted, apply for a student visa to study in Italy.
Make arrangements for living and traveling to Italy.

Is GMAT required for MBA in Italy?

Many MBA programs in Italy require the GMAT (Graduate Management Admission Test) as part of their admission process. However, some programs may offer flexibility, accepting the GRE (Graduate Record Examinations) or waiving standardized test requirements based on professional experience or academic qualifications.

Is education in Italy free for Indian students?

Education in Italy is not free for Indian students. While public universities have lower tuition fees compared to private institutions, international students, including Indians, typically need to pay tuition. Some financial aid and scholarship opportunities are available, which can help offset the costs.

Is an Italian degree valid in India?

Yes, an Italian degree is generally recognized and valid in India, especially if it is awarded by a reputable institution and is recognized by the relevant accreditation bodies. It is advisable to verify the recognition of the specific degree program with Indian educational authorities or professional bodies if you plan to use it for employment or further education in India.