MBA in Spain for Indian Students: Fees From ₹6 Lakh

MBA in Spain for Indian Students: From €5,970 at the University of Valencia to €117,000 at IESE

An MBA in Spain costs anything from €5,970 to €117,000. The top three, IESE, IE and Esade, charge €82,500–117,000 and expect several years of work experience. Mid-priced options are EAE (€33,500–39,500) and UC3M (€19,800); the cheapest are the University of Valencia's iMBA and UCAM's MBA.

By Anna Pukshanskaya · co-founder of Edumapple
Last checked October 24, 2026 · our method

Programmes and fees

Programme	University	Degree	Duration	Tuition, non-EU	Note
International MBA (iMBA / MSc International Business Management)	UV	Master's	1.5 years	₹6.3 lakh €5,970	€99.50 per credit
Master in Business Administration - MBA	UCAM	Master's	1 year	₹12 lakh €10,900	Partly taught in Spanish
Private Master's Degree in Business Administration - MBA (Valencia)	Universidad Europea	Master's	1 year	₹14 lakh €12,800
Master's Degree in Business Administration - MBA (EN) (Madrid)	Universidad Europea	Master's	1 year	₹17 lakh €16,100
Master in Business Administration - MBA	UC3M	Master's	1 year	₹21 lakh €19,800	€330 per credit; fee for the whole programme
MBA - Specialization in AI (Barcelona, English)	EAE	Master's	1 year	₹36 lakh €33,500
International MBA (Barcelona)	EAE	Master's	1 year	₹42 lakh €39,500
Full-Time MBA	ESADE	Master's	1.25 years	₹88 lakh €82,500	Fee for the whole programme
International MBA (IE Business School)	IE	Master's	1 year	₹96 lakh €89,900	Fee for the whole programme
Full-Time MBA	IESE	Master's	1.25 years	₹1.2 crore €117,000	Fee for the whole programme
Full Time MBA in English (UPF-BSM)	UPF	Master's	1.5 years	—	Fee not published

€1 = ₹106.27 (European Central Bank reference rate (EUR/INR 106.272), 23 October 2026)

For graduates without work experience, a master's in management is usually a better fit than an MBA.

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Common questions: MBA in Spain

Is an MBA in Spain worth it for Indians?

The IESE, IE and Esade MBAs are internationally ranked and recruit globally. Cheaper MBAs are closer to a general business master's; check the class profile and placement data each school publishes.

Do I need GMAT for an MBA in Spain?

For IESE and Esade, GMAT or GRE; IE accepts its own admission test as an alternative. Most cheaper MBAs do not require GMAT.