MBA in Italy for Indian Students: Top Universities, Courses, Eligibility and Fees

Vaishali Pandey
November 20, 2024

Apply Education Loan

Up to Rs. 50 Lakhs for 10 Years.
10X Faster.

Thanks! We will reach out to you shortly.
Apply Now

Apply Education Loan

Up to Rs. 50 Lakhs for 10 Years.
10X Faster.

Thanks! We will reach out to you shortly.
Apply Now

An MBA in Italy is more than just a degree—it's an immersion into a world-class business network, art, culture, and life’s dolce vita.

With renowned institutions like SDA Bocconi and POLIMI School of Management ranked among the top 80 business schools in 2024, Italy offers programs that prepare ambitious students like you for global leadership roles. 

Ready to explore the top universities, course options, eligibility requirements, and everything else you need to pursue an MBA in Italy? Let’s dive in.

MBA in Italy for Indian Students: Overview

The table below provides a quick overview of key aspects of pursuing an MBA in Italy for Indian students, including top universities, eligibility requirements, and average tuition fees. Have a look.

Aspect

Details

Top MBA Colleges in Italy

  • SDA Bocconi School of Management
  •  POLIMI School of Management
  •  Luiss Business School

Type of MBA in Italy

Full-time, Part-time

Eligibility Requirements

Bachelor’s Degree, Work Experience, IELTS/TOEFL Scores

Italy MBA Fees

25,000 EUR to 80,655 EUR (Approx. 23L INR to 60L)

MBA in Italy Job Prospects

Marketing Manager, General Manager, HR Manager, Finance Manager, Business Development Manager

Average Annual Salary

60,000 EUR (Approx. INR 54L)

Fast-Tracked Education Loans with Propelld – Funding your Future in Just 7 Days!

Why Study for an MBA in Italy?

Italy has become a compelling choice for international students pursuing an MBA. With their globalised curricula and experienced faculty, Italian MBA programs provide you with a strong foundation in business and management.

Here are some top reasons you should consider pursuing an MBA in Italy.

Globally Recognised Business Schools

Italy boasts some of Europe’s top business schools. For instance, SDA Bocconi is ranked #1 among the top business schools in Europe and attracts students worldwide. 

An MBA from such institutions is recognised globally, enhancing graduates' credibility and employability across borders.

Affordable Tuition and Generous Scholarships

Tuition fees in Italy are considerably lower than equivalent programs in the U.S. or U.K. Many scholarships offer partial or full financial support to deserving international students.

Post-Study Work Opportunities 

Italy offers international students up to 12 months post-graduation to seek employment, with the possibility of extending to a full-time work permit. 

Strategic Location and Exposure to Italy’s Thriving Industries

Italy’s central location provides you access to the entire European Union market, where you can network and seek job opportunities. 

Known for its excellence in luxury fashion, automotive, and finance, Italy offers MBA students unique insights and career opportunities within these industries.

Opportunities for Personal Growth and Enrichment

From film festivals to art exhibits and musical performances, you will have many opportunities for cultural enrichment. 

Dreaming of studying abroad? Check out our blog on the top 10 benefits of studying abroad and learn how it can transform your future!

Unlock Fast, Collateral-Free Education Loans with Propelld Today!

MBA in Italy: Top Universities 

Italy is home to some of Europe’s leading universities, offering world-class MBA programs that attract students from across the globe. These universities offer diverse MBA programs catering to various interests, including international business, management, finance, and entrepreneurship.

The table below highlights some of the top universities for pursuing an MBA in Italy.

MBA Colleges in Italy

Program

QS Global MBA Rankings 2025

SDA Bocconi School of Management Milan, Italy

MBA

20

Bologna Business School

Global MBA

251+

MIB Trieste School of Management

MBA in International Business

151-200

POLIMI Graduate School of Management

International Full-time MBA

72

St. John's University

MBA

n/a

ESCP Business School

MBA in International Management

n/a

Get the full scoop on top colleges, fees, and how to apply in our complete blog on MBA Abroad for Indian Students 2025: College, Fees & Application.

MBA in Italy for Indian Students: Cost of Study

The cost of studying for an MBA in Italy can vary significantly depending on the university, the program structure, and the type of MBA (full-time, executive, or part-time). 

The table below highlights the average tuition fee for pursuing an MBA in top Italian universities.

MBA Colleges in Italy

Total Tuition Fees (EUR)

Italy MBA Fees for Indian Students

(INR)

SDA Bocconi School of Management Milan

65,000 EUR

Approx. INR 59L

Bologna Business School

35,000 EUR

Approx. INR 32L

MIB Trieste School of Management

25,000 EUR

Approx. INR 23L

POLIMI Graduate School of Management

34,000 EUR

Approx. INR 31L

St. John's University

80,655 EUR

Approx. INR 73L

ESCP Business School

51,500 EUR

Approx. INR 47L

Also learn about the benefits of pursing your MBA in Switzerland

Get upto 100% Education Fees Financed with Propelld. Simplified Processing Dedicated Support.

MBA in Italy: Cost of Living

MBA in Italy: Cost of Living

The cost of living is a major factor to consider if you plan to pursue an MBA in Italy. Italy offers a mix of environments, with cities like Milan and Rome being more expensive compared to smaller cities such as Trieste and Bologna. 

The cost of living varies based on lifestyle and location. On an average you can expect to spend approx. INR 78,000 per month. Below is a table with a breakdown of the basic living costs.

Expenses

Costs of Living (Per Month) 

Monthly Pass for Travel  

EUR 35 (approx. INR 3,000)

Cost of Dining Outside 

EUR 10 - EUR 25  (approx. INR 900- 2,000)

Basic Utilities - (Electricity, Heating, Cooling, Water)  

EUR 197 (approx. INR 18,000)

Sports & Leisure  

EUR 65 (approx. INR 6,000)

Groceries  

EUR 50 - EUR 70 (approx. INR 4,000-6,000)

1 Bedroom Apartment within the City  

EUR 742 (approx. INR 67,000)

1 Bedroom Apartment outside the City 

EUR 566 (approx. INR 51,000)

Entertainment  

EUR 9 (approx. INR 800)

Discover various options to fund your MBA and explore scholarships, education loans, and financial planning tips to manage your business education expenses effectively.

Not Just Tution Fees, But Other Expenses Also Covered. Simplified Processing, Dedicated Support

MBA in Italy: Eligibility Criteria

To pursue an MBA in Italy, you need to meet specific eligibility requirements that can vary slightly depending on the university and program. The key eligibility criteria is listed below.

Eligibility Criteria

Requirement

Academic Transcripts and Degree Certificate

A bachelor’s degree from a recognised institution with at least a 3-year duration.

Work Experience

While not mandatory for all programs, many Italian MBA programs prefer candidates with 2-3 years of relevant work experience. 

English Language Proficiency

An IELTS score of 6.0 or higher or a TOEFL score of around 80+ is required.

Entrance Exams

Many universities require or prefer a GMAT or GRE score (generally above 600) as part of the application.

Discover the detailed section-wise format and pattern for GMAT in our blog on GMAT Syllabus for MBA 2024!

MBA in Italy: Documents Required

When applying for an MBA in Italy, you must submit specific documents to fulfil the university's admission requirements. Below is a detailed list of the documents typically required.

1. Completed Application Form

2. Bachelor's Degree certificate

3. Official Academic transcripts from all higher education institutions

4. GMAT/GRE Scores

5. Proof of English Proficiency

6. Curriculum Vitae (CV)

7. Statement of Purpose (SOP)

8. Letters of Recommendation

9. Passport Copy

10. Passport-sized Photographs

11. Application Fee Payment Receipt

12. Proof of Financial Support

Admission Requirements for MBA in Italy in Top Universities 

Below is a table highlighting the critical admission criteria and documentation for getting into MBA programs at leading universities in Italy.

University

Academic Requirement

GMAT/GRE Requirement

IELTS Requirement

Additional Documents

SDA Bocconi School of Management (Milan)

A Bachelor's degree and a minimum of 5.5 years of professional work experience

A strong GMAT or GRE score is mandatory

Minimum 6.0

Statement of Purpose (SOP), 2 Letters of Recommendation (LOR), CV, Academic Transcripts, Video Interview

Bologna Business School

A Bachelor's degree and at least 3 years of relevant work experience

A GMAT score of 600 or higher

Minimum 6.0

SOP, 1 LOR, CV, Academic Transcripts, Signed eligibility summary sheet, and a 60 euro application fee receipt

MIB Trieste School of Management

A Bachelor's degree and at least 3 years of relevant work experience

No specific minimum score is required

No specific minimum score is required

SOP, 2 LOR, CV, Academic Transcripts

POLIMI Graduate School of Management

A Bachelor's degree and a minimum of 3 years of professional work experience

GMAT score of at least 590

No minimum IELTS score required

SOP, 2 LOR, CV, Academic Transcripts

St. John's University (Rome Campus)

A Bachelor's degree with a GPA of 3.25 or above and at least 3 years of relevant work experience

GMAT score of at least 590

Minimum IELTS score of 6.5

SOP, 2 LOR, CV, Academic Transcripts

ESCP Business School

A Bachelor's degree and at least 3 years of professional experience

GMAT score of at least 650

Minimum IELTS score of 6.0

SOP, Professional LOR, CV, Academic Transcripts

Explore top Abroad MBA Colleges to learn about global opportunities, diverse programs, and career prospects offered by prestigious international institutions.

MBA in Italy: Application Process

It’s essential for you to familiarise yourself with each university’s requirements, deadlines, and specific admissions criteria, as these can impact your ability to apply successfully. 

Here’s an overview of the application process for an MBA in Italy, detailing what you should consider as you begin your journey. 

Researching Program Requirements and Deadlines

Start by reviewing each university’s specific admission guidelines, which include requirements like GMAT/GRE scores, language proficiency (usually English), and work experience. 

Preparing for Language Proficiency Tests

Since many Italian MBA programs are taught in English, non-native English speakers must provide IELTS or TOEFL scores to demonstrate proficiency. 

Apply for Admission

After completing all prerequisites, including standardised tests and gathering documentation, submit your application before the program’s deadline.

Attending Interviews and Possible Assessments

After a preliminary application review, shortlisted candidates are often invited to interview.

Receive an Admission Offer and Confirm Enrollment

If your application is successful, you will receive an offer of admission. Once you accept, you may need to pay a deposit to secure your place. 

Apply for an Italian Student Visa

Non-EU students must obtain a student visa to study in Italy. You will need proof of enrollment, a valid passport, financial statements to show you can support yourself, health insurance, and sometimes a background check.

Arrange Accommodation

Many Italian universities offer student housing options, which can be applied for through the university’s accommodation services. Alternatively, international students can look for private rentals or shared housing options.

Intakes for MBA in Italy

When planning your MBA journey in Italy, it’s essential to understand the intake periods for the various programs. Most Italian universities offer two main intakes for MBA courses—one in the fall (autumn intake) and one in the spring (spring intake). 

However, each institution may have slightly different application deadlines and start dates, so it's crucial to keep track of these dates to ensure you get all the benefits of your dream program.

Compare the benefits of pursuing an MBA in India vs MBA abroad to understand factors like cost, global exposure, curriculum, and career opportunities, helping you make an informed decision.

MBA in Italy: Scholarships

Many institutions and organisations offer scholarships to help Indian students offset the cost of an MBA. These scholarships, which are often merit- or need-based, aim to attract global talent to Italian universities and business schools. 

Here's an overview of the scholarships available for studying an MBA in Italy.

Scholarship

Awarded by (private/government/university)

Eligibility

Award Value

Society Contribution Scholarship

ESCP Business School

You must submit an essay detailing a project you led or an impactful social initiative (minimum 20 lines)

6,000 EUR

KC Mahindra Scholarship

KC Mahindra Trust

Indian applicants with a First Class degree or equivalent diploma from a recognised institution; must apply to a foreign university

5 Lakh to each scholar

Merit and Bocconi international awards

SDA Bocconi School of Management Milan

Applicants to SDA Bocconi with strong academic performance

50% tuition fee waiver or 100% tuition fee waiver

University of Bologna study grants for international students

Bologna Business School

Students enrolled in Master’s programs at the university

Tuition fee waiver and 11,000 euros per year

Also Read: How to Study Abroad for Free in 2024: Top Scholarships & More

MBA in Italy: Jobs and Salary Prospects 

Italy’s strong economy and global business reputation make it an attractive destination for MBA graduates looking for job and placement opportunities. Fields in high demand include finance, consulting, and luxury brand management, with Milan serving as a central hub for these sectors.

Listed below are some of the prominent job roles and salary prospects for MBA graduates in Italy.

Job Role

Average Salary (EUR)

Salary (INR)

Marketing Manager

EUR 43,676

Approx. 39 Lakh

General Manager

EUR 80,000

Approx. 72 Lakh

HR Manager

EUR 50,313

Approx. 45 Lakh

Finance Manager

EUR 58,739

Approx. 53 Lakh

Business Development Manager

EUR 49,809

Approx. 45 Lakh

Product Manager

EUR 40,318

Approx. 36 Lakh

Completing an MBA in Italy provides an edge in the competitive business world, blending modern business practices with Italy’s rich history in trade and innovation. Whether your goal is to join a multinational company or start your own venture, an Italian MBA can be the transformative experience that opens doors to new possibilities and enriches your career journey.

Ready to take your career global with an MBA in Italy? Propelld makes it easy to pursue your dream with customised education loans that cater to your needs. Get a student loan approved 10x faster than banks with a fully digital process. Disbursement in just 7 days. No paperwork, no hassle, just funding for your future. 

Why Propelld?

Particulars

Details

Max Loan Amount

50 Lakhs

Collateral 

Not Required

Moratorium

Available

Processing Time

10 Times Faster than Banks

Disbursal Time

7 Days

Approval Rate

Higher than Other Banks

Special USP

Marks Based Approval

% Financed

100% of Fees

Contact us today and pave the way to a world-class MBA experience!

Education Loan for Medical Colleges

MBBS | BDS | BAMS | Bsc Nusring |Or Pay Fees for Any Medical Course in India - Up to. Rs. 50 Lacs

Fund your College Fees with Education Loan

Loan up to Rs. 50 Lakhs for 10 Years

Thanks! We will reach out to you shortly.
Apply Now

No Collateral Low-Interest Education Loan

Available in all top Coaching Institutes
Get Loan

FAQs About MBA in Italy

What are the top MBA colleges in Italy for Indian students?

The top MBA colleges in Italy include SDA Bocconi School of Management, POLIMI Graduate School of Management, and Bologna Business School. These institutions are renowned for their global business programs and excellent faculty.

How much does an MBA in Italy for Indian students typically cost?

The Italy MBA fees can range from 25,000 EUR to 80,655 EUR, depending on the university and program. This translates to approximately 23L INR to 73L INR.

What are the eligibility requirements for pursuing an MBA in Italy for Indian students?

To pursue an MBA in Italy for Indian students you generally need a bachelor’s degree, relevant work experience, and English proficiency (IELTS/TOEFL). Some MBA colleges in Italy may also require GMAT/GRE scores.

Are there scholarships available for Indian students pursuing an MBA in Italy?

Yes, various scholarships are available for Indian students pursuing an MBA in Italy. Institutions like SDA Bocconi and Bologna Business School offer merit-based scholarships that can significantly reduce Italy MBA fees for Indian students.

What is the average salary for MBA graduates in Italy?

The average salary for MBA graduates in Italy is around 60,000 EUR per year, which is approximately 54L INR. Graduates from top MBA colleges in Italy often secure higher-paying positions.

Can I work while studying for an MBA in Italy?

Yes, you can work part-time while studying for an MBA in Italy. This can help offset living expenses and contribute to your professional experience.

What are the living costs for students in Italy?

On average, students can expect to spend approximately 78,000 INR per month on living expenses in Italy. This includes food, transportation, and leisure activities, making it essential to budget alongside Italy MBA fees for Indian students.

How long does it take to complete an MBA in Italy?

Most full-time MBA programs in Italy typically last for one to two years, depending on the university and the structure of the program.

What job opportunities are available after completing an MBA in Italy for Indian students?

Graduates can pursue various roles such as Marketing Manager, HR Manager, and Finance Manager. The job market in Italy is strong, especially in sectors like finance and luxury goods.

How do I apply for an MBA in Italy?

To apply for an MBA in Italy, you need to research the specific requirements of your chosen MBA colleges in Italy, prepare necessary documents, and submit your application before the deadline.

What are the advantages of studying for an MBA in Italy for Indian students?

Studying for an MBA in Italy for Indian students offers exposure to a rich cultural experience, networking opportunities in Europe, and access to world-class education, enhancing your global employability.

Are there any entrance exams required for an MBA in Italy?

Many MBA colleges in Italy require GMAT or GRE scores as part of the admission process. However, specific requirements may vary by institution.

What documents are required for Indian students applying for an MBA in Italy?

Key documents typically include a completed application form, academic transcripts, proof of English proficiency, GMAT/GRE scores, and letters of recommendation. 

Join Group for JEE & NEET Updates