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Study MBA in Panama 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 Panama

Panama is a beautiful Central American country with a rich history and a fierce love of both commerce and independence that works symbiotically with its well-known canal to make it a nexus for global trade. This highly commerce-oriented atmosphere, combined with its accessible cultural institutions and focus on hospitality, makes the country very attractive to a variety of students. Choosing to study business in Panama brings with it a variety of opportunities because of this, and the Panamanian university system is quick to meet the needs of the varieties of students drawn here by the beauty and history of the area.

Options for Schooling in Panama

Panama offers both public and private options for college, with a system of universities and small colleges that give students a variety of opportunities. The larger university systems employ hundreds of instructors and offer a variety of programs, including business studies. Technical schools, online opportunities, and other nontraditional avenues for schooling are offered through a bustling private education sector as well.

The Academic Year in Panama

Panamanian colleges tend to follow an academic calendar similar to most schools in the United States, with semesters that typically run from September to December and then from January to April, as well as summer course offerings.

Costs for Higher Education in Panama

Students looking to study business in Panama will find it to be an economic option, since all public universities are free for everyone who is admitted, including international students. There are regular costs for living and housing to account for, though, and students at private universities will find that there are a large variety of tuition rates through those schools. If you have questions about the fees or tuition costs you are likely to find in Panamanian schools, consult with the individual institutions for more details.

Length of Programs

Degree programs are typically four to five years for bachelor’s degrees, although some technical fields like engineering will take longer. If you study business in Panama, expect it to be a four-year program, but plan for more if you are splitting your focus in order to specialize in a specific industry.

Reasons to Study in Panama

Other than the cost of tuition, which really cannot be beat, Panama offers students a chance to observe international commerce firsthand in a unique way. With a large portion of global trade passing through the canal and an active international business and finance community in the country, opportunities to study commerce in a hands-on way are around every corner. Students who work hard will find themselves with both a regional and international professional network that will take them anywhere they want to go.