Even amid massive uncertainty in the coronavirus pandemic, many Online MBA programs have thrived. Many of the best courses are in Europe. A great number are clustered in the UK, some in London with access to the commercial and cultural capital of the country. But there is great international diversity among course providers, from Switzerland to Scotland.
Crucially, Online MBAs are often a fraction of the cost of their full-time counterparts, and our list reflects both the tuition fees but also tuition assistance from course providers in Europe and the value for money.
The location may matter less to prospective students who will be tuning in to virtual classes from across the globe. Budget-friendly Online MBA programs in Europe attract a diverse cohort, with many achieving a good gender balance, too, thanks to the flexibility of studying part-time remotely. And such cohorts will become powerful global alumni networks.
Helping to strengthen bonds between classmates, most of the courses include residential modules in vibrant, multicultural cities across the European continent, whether in Barcelona, Geneva, Montreux or Munich.
Of course, most students enroll because they want to be able to study from anytime, anywhere and on any device. Europe has among the oldest and most revered academic institutes that have, over years and sometimes decades, developed high-touch online learning environments that their business schools use.
Many of the more affordable Online MBA programs in Europe offer a great deal of specialization in such disciplines as global banking and finance, or entrepreneurship and innovation. Here are the top 10 such courses in Europe that won’t break the bank.
The Open University is one of only one percent of all business schools that are triple accredited: it has earned AACSB, AMBA and EQUIS accreditation from the leading international management education associations. The OU is a specialist distance education learning provider based in the UK.
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The International Institute of Management of Cnam provides an Online MBA program, accredited by AMBA, for executives that is delivered partly online, partly in person. Cnam is among France’s top higher education institutions, situated in the heart of Paris with a diverse student body made up of people from different educational and professional backgrounds, ages and cultures.
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University of Bradford School of Management, of the UK, is part of the elite: it is one of only 10 business schools to be included in the Financial Times ranking of the best Online MBAs, not only in Europe, but worldwide – for the second year running. The course was ranked the best value for money in the world, 10th in the world for career progress and 10th in the world overall.
View School ProfileIn a beautiful north-eastern region of Italy, this budget-friendly Online MBA can be completed in 12 months full-time, or in 24 months part-time. In terms of the budget factor, there are scholarships covering up to 50 percent of the already affordable tuition fee. The business school operates a hybrid classroom: teaching students on campus and online simultaneously. The course has been running for 30 years with a 95 percent placement rate for jobs.
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Elsewhere in the UK, Aston Business School puts on a triple-accredited Online MBA program as well. The course achieved an 82 percent employability rating in The Times University Guide, as well as a gold standard for its teaching excellence. The course is based on the latest thinking in behavioral science to give you the "Aston Edge".
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RGU’s Aberdeen Business School in Scotland was the first to achieve joint accreditation from the Association of MBAs and Business Graduates Association, two of the world’s leading authorities on business education. The school’s MBA is delivered online through the university’s virtual learning environment, where students access teaching materials and communicate with lecturers and fellow students.
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The tuition fees at this Belgian Online MBA program are just a fraction of the full-time version on campus in Ghent. Vlerick has achieved triple-crown accreditation, ensuring the highest academic standards, and the fees can be paid in installments. Students who pay the full fee upfront get a substantial discount.
View School ProfileUCL is one of Europe’s most revered academic institutes. The students in its relatively affordable Online MBA can complete annual immersions at its historic Bloomsbury campus in London or in Canary Wharf – the city’s financial center. The program has a good gender balance, with 53 percent of students being female. Graduates join a large alumni network in 101 countries across the globe.
View School ProfileAt MIP, Online MBA students pay affordable tuition fees and the course has been designed in partnership with leading employers like Amazon and Microsoft, ensuring graduates are ready to enter the job market. The course is delivered fully online, ensuring flexibility and accessibility.
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Birmingham, in the UK, runs a super-affordable Online MBA that is also highly ranked, not only in Europe, but globally. It was the first fully Online MBA to be accredited by AMBA, so the teaching is well regarded. Graduates also have a bright employment outlook, given the school’s connections to employers and its career support.
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