How much minimum money is required to study abroad after MBA including the university fee and cost of living?
Asked by Anbarasan A
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Hi, MBA programs are expensive overall, Rs. 7 lakhs to as high as 80 lakhs a year. You must mention which country. If you are looking for a budget friendly destination within 20 to 30 lakhs you may consider Singapore, Canada, Australia, Germany, New Zealand, Poland, Belgium and so on. Living expenses are high in Australia though. US, UK are expensive. Cost of living may be around Rs. 5 to 12 lacs a year and will depend on your lifestyle. -
Approximately 40-50 lakhs is required to study in Canada and the fees is 80-85 lakhs for Dubai. -
If you're interested in studying abroad then based on the type of university and type of country it would range from 30-50 lakhs.
If you're okay with part time jobs then you can save a little amount for your pocket money. -
USA is one of the most expensive place to live. You have to spend minimum Rs.8 lakhs to Rs.12 lakhs for living expenses
If you want to get skills and good exposure, then don't worry about the cost as you can get the financial help from the bank.
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