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Study MBA in Estonia 2024

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Basic monthly living cost

  • Rent in a shared flat

  • Share of utilities

  • Internet subscription

  • Local transportation


Sample lifestyle cost

  • Fast food combo

  • Cinema ticket

  • Pint of local beer


About Estonia

Located in Northern Europe's Baltic Region, Estonia is a country bordered by the Baltic Sea, the Gulf of Finland, Russia and Latvia. A member of the Eurozone, the EU and the Schengen Area, Estonia is home to nearly 1.5 million Finnic people who speak Estonian, a language similar to Finnish and distantly related to Hungarian. It also ranks high on the Humand Development Index and enjoys a high-income economy, freedom of the press and extensive civil liberties.

What Kind of Schools Offer Business Degrees in Estonia?

Public, private or state-owned institutions of professional higher education and universities offer undergraduate and graduate business degrees. However, students wishing to earn a doctorate must attend a university to receive this kind of degree. Professional higher education universities also have vocational training programs for students who want to focus more on employable skills than research skills.

Estonian universities popular with international students who are seeking business degrees include the University of Tartu and the Tallinn University of Technology. The country's largest private university is the Estonian Business School where a variety of business, management and finance degrees are available.

How Long is an Academic Year in Estonia?

The academic year starts in September and ends the first week of June. Autumn and spring term are each divided into five months, with examination sessions occurring in January and June. Estonian students are allowed eight weeks of holidays and vacation time each year.

How Long Does it Take to Earn a Business Degree?

Estonia's higher education system reflects the Western degree system by offering four-year bachelor's programs, two year master's programs and one to three year doctorate programs. MBAs (Master's of Business) and Master's of International Business Administration are two of the most popular degrees sought by international students studying business in Estonia.

Tuition Fees For Business Degree Programs in Estonia

Average tuition fees per semester for EU students is approximately 2000 EUR ($2240). For non-European Union students, tuition for earning a degree in International Business Administration is 4000 EUR ($4400) per academic year. EU students are eligible to pay tuition in installments but non-EU students must pay their tuition in one installment.

Why Earn a Business Degree in Estonia?

Estonia's primary, secondary and higher education system is consistently ranked as the best out of the Eastern European states and even Western European countries like the UK and Sweden. In addition, Estonia makes it easy for international students to work while studying in the country because students do not need to apply and wait for a work visa. Moreover, non-EU business degree students can remain in Estonia another six months after graduating to look for employment in Estonia.