Eklavya Overseas Logo

Why Study MBA in Switzerland?


MBA in Switzerland Cheaper tuition cost than the UK, USA or Australia Choosing Switzerland is one of the best decisions because it is close to India unlike other countries such as the UK, USA or Australia. The cost of an MBA program is lower if compared with other popular destinations to study. Students can easily balance out the costs if they plan on their expenses wisely.

For e.g. Use of Public transport reduces the living cost).

Advantages of Studying MBA in Switzerland


1. High Quality Education System

The universities in Switzerland provide high-quality education and the nation attracts most of the foreign students due to plethora of attractive reasons. The nation also offers high-quality of life and high salary package. It is one of those countries that invests money on education system more. Students get great networking opportunities since the nation is a hub for European Business. Most of the universities in Switzerland are run by government, that are provided funds which makes tuition fees more affordable for the students.

2. Hub for European business

There is plethora of MNCs that have set their base in Switzerland. Switzerland is one of the top wealthiest countries. The companies like Google, Nissan and McDonald’s have set their companies here. The MBA students get to work with these world-class companies since the universities in Switzerland are linked with them in business areas like banking, hospitality, chemicals and pharmaceuticals.

3. Multicultural environment

Students get to experience different cultures since people from various regions and countries reside in Switzerland. Students will have to work with people belonging to different countries. The most of the companies in Switzerland are global. This factor helps student to evolve into cross-cultural management.  At some universities, international students account for as much as 40% of the student body.

4. Safety rate in the country

The rate of crime is comparatively lower than other countries. Even at night, the Switzerland streets are safe for everyone especially females. This is one of the most appealing factors to choose Switzerland to study.

5. Language is not a barrier

The sign boards on streets or shops are mostly in English or other languages. The Indian students will not find language a problem since English is spoken by majority people living in Switzerland. Even the locals understand English and the students wouldn’t have to learn a new language to communicate.

Why Study in Switzerland?


There are some distinct benefits offered by the universities in Switzerland: 

  • Cost of an MBA course is affordable
  • The universities offer globally recognized degree
  • Student Visa and admission procedures are easy
  • MBA courses offered by the universities help students to enhance the opportunities for career
  • Earning potential is also enhanced
  • University stresses on development of a personality
  • Student become a sound decision maker of tomorrow.
  • MBA program give foreign students many opportunities to intensely study international economics of different industries.
  • The prospective of students is broaden because they get to understand the western and the eastern environment as well.

Admission Requirements


Candidates should procure the following documents at the time of the admission:

  • Admit Card of entrance exam
  • Score Card f entrance exam
  • 10th and 12th transcripts  
  • School Passing Certificate
  • Domicile Certificate
  • Character Certificate
  • Passport size Photo
  • Scorecard of Bachelor’s Degree 
  • Provisional Certificates of Bachelor’s degree

Academic Calendar for MBA Program


Intake session September and February
Commencement of Classes April
End of academic session May

Deadlines for the EU and Non-Eu students

September intake

  • EU students: July 30
  • Non-EU students: June 30

February intake

  • EU students: January 15
  • Non-EU students: November 30

Accreditation


The degree offered by the universities in Switzerland is accredited and recognized by the ACSBSP, The Accreditation Council for Business Schools and Programs. formerly the Association of Collegiate Business Schools and Programs, is a U.S. organization offering accreditation services to business programs focused on teaching and learning.

The council covers around 2,400 institutions globally.

What foreign students expect after completing the course from Switzerland?


Completing business program from any recognized university in Switzerland, students can easily find jobs in business sector in the nation. This includes jobs in traditional environment of business and government sector as well in finance field. Competition among students can be though and significant, it makes it little harder for students to get jobs of their choice.

Tuition fees in universities in Switzerland


The type of university is divided into two categories such as:

  1. Private Universities
  2. Public Universities

Tuition cost in public universities in Switzerland

The public universities in Switzerland receive outstanding funds which reduces the tuition cost of university and makes it more affordable for the students. The tuition cost is comparatively lower than that in the US and UK. Students going to Switzerland for exchange programs don’t have to pay any fee to the swiss universities. Tuition fees for students belonging to European countries and Non-European countries have same amount of fees set. Average tuition cost of an MBA course per year would be around 1,600 EUR per year Universities from Lucerne, Zurich, Neuchatel, Fribourg, Lugano and St. Gallen charge additional fees for the international students.

Tuition fees in private universities

The private universities have higher course fee since they do not receive any funds. The tuition cost of any private university would be somewhat between 1,500-16,000 EUR/ year.

Living Cost for Students in Switzerland


Cost of living in Switzerland is expensive if compared with other popular destinations to study. It a tough challenge for students to manage their monthly expenses without compromising. Living costs all over Switzerland are expensive, and managing your monthly expenses without making any compromise could be a tough challenge in Switzerland. The students are advised to plan a budget of minimum 1,800 EUR per month including supplies, housing, tuition, food, leisure activities and transportation. Zurich and Geneva can burn your pocket since they are the costliest cities that require an average budget of more than 1700 EUR per month.

Living Cost of Different Cities in Switzerland


Name of the city Living Cost
Geneve 1,650-2,500 EUR/month
Zurich 1,650 and 2,200 EUR/month
Bern around 1,600 EUR/month
Basel 1,400 and 2,000 EUR/month

Work while Studying MBA in Switzerland


Students are being hired for temporary internships and assignments by various organizations. Students studying in foreign universities in Switzerland or studying in universities of Switzerland can apply for the jobs in companies set-up there.

Students are advised to study about the current market situation before applying for work. Students are allowed to apply for jobs depending on the working hours.

  • Full-time (during vacations)
  • Part-time jobs (during semesters)

Accommodation Facilities and Cost


The international rate of accommodation is 300 EUR per month and the rate of same in Switzerland exceeds that I.e. 600 EUR per month. The students belonging to European countries pays 7% of total expenses per month on transportation, 33% on housing and 8% on fees.

8% of the total population of foreign students choose halls of residence and other housing facilities. It has been noticed that the accommodation facilities and options in Switzerland are good since the average satisfaction rate of students is around 60% and around 68% of international students are satisfied with the housing facilities. The cost of hall of residence is around 450-800 EUR per month. If a student chooses to rent an apartment then it would cost around 700-1000 EUR per month for one BHK.

Cost of Food in Switzerland


Some of the students choose to eat from restaurants on the odd occasion and buy the food from supermarkets. Some supermarkets offer discounts after 5 P.M. like 20-25% discounts can be availed on the items which are liable to rot. Food from supermarkets can cost around 300 EUR per month.

The local restaurants that are not so expensive and are easily affordable by the students cost around 11-21 EUR each person. Restaurants serving international cuisine have lower prices too. The most affordable place to eat is university dining place that would cost around 8-10 EUR. There are many departmental stores like Manor, Migros and Coop offering items at much lower price.

Cost of Transportation for Students Studying in Switzerland

More than 11% of the students choose to walk around the city, other 10% use bicycles and another 10% choose public transport to travel. Students can get a pass valid for one month which costs around 60 EUR. The public tickets of transportation is applicable on ships, tramways, buses and trains in the major cities like Neuchâtel, Geneva, Zurich, Lausanne, Bern and Basel.

Extra expenses for the students

  • Health insurance:250-330 EUR per month
  • Supplies and Books: 100 EUR per month.
  • Museum tickets only cost 6 – 7 EUR if a student is holding a valid student ID. 

VISA Charges for the Students in Switzerland


The type of Visa required to be attained is National Visa D, which allow students to study in Switzerland.

How long it takes to receive a VISA after applying?

After getting acceptance from the university of the student’s choice, the student can apply for the VISA 3 months prior the course begins in the university he/she enrolled in. A student will have to wait for at least 84 days after applying for the VISA.

NOTE: Students are advised to apply for the VISA in advance or a few months the session starts in the university. 

Process to Attain a Student Visa for Switzerland


The Indian students need to undergo a procedure to get the student visa:

  • Take an appointment to apply for a VISA.
  • Procure all the required documents and take it all along with you to the Embassy of Switzerland in Delhi.
  • Students may have to obtain biometrics while applying for the VISA. The biometrics includes extra identification such as pictures and fingerprinting  
  • There will be an interview during the procedure.
  • The validity of the student visa is not known. A student will have to get it renewed every year after the completing the course. To work in the national, the student will have to apply for a new visa.

The Student Visa Fee


An applicant is supposed to pay 67 CHF at the visa centre or through bank, there is an option to pay the fee online too. Getting a health insurance is not mandatory for Indian students wishing to study in Switzerland. A service charge of 20 CHF is applicable.

Scholarship offered to the students wishing to study in Switzerland

The country is quite expensive when it comes to educational costs and living costs but there are various scholarships that help students to afford the fees of the program. The students can manage to study the desirable course in the country.

The Scholarships offered by different universities help students financially by reducing tuition costs in an international university. There are many scholarships offered to the international students who wish to study in universities in Switzerland. 

The scholarships are offered to the students on the basis of:

  • Field of study
  • Academic merit
  • Community service
  • Community involvement
  • Ethnicity
  • Financial hardship
  • The industry
  •  Trade
  • Leadership
  • Region a student belongs to

Students can benefit around 13,700 EUR for just one year, there are possibilities of extension. Students have a great option to apply for loan without paying an interest. A student can get upto 11,000 EUR/ year. It covers 40% of the tuition fees and living expense.

Students also search for


Call Now
Apply Now
whatsapp
Eklavya Overseas Live Chat