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Study MBA in Sweden 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 Sweden

About Sweden

Sweden is located on the eastern portion of the Scandinavian Peninsula. As Europe's fourth-largest country, it has a large population and a highly developed economy. It has one of the highest per capita incomes of any country in the world. Sweden is known for its beautiful mountain ranges, stunning coastline and high life expectancy for its people. The people of Sweden enjoy a universal healthcare system with a focus on natural treatments. The country is bordered by Norway, Finland and the Baltic and North Seas. The mild climate and abundant natural resources, including iron ore and timber, add to its benefits.

Business Studies in Sweden

Sweden's higher education programming is known throughout the world as one of the best. The Academic Ranking of World Universities placed three Swedish universities among the top 100 in the world. Schools use a unique educational model focused on building relationships between teachers and students, allowing student to work in groups instead of always under the direction of professors. This innovative teaching structure creates critical thinkers that are an asset to their future employers.

Students are drawn to Swedish schools because of this high quality education, the affordability of education in Sweden and the high quality of living the Swedish people enjoy. Sweden has over 600 masters programs taught in English, and these programs draw around 30,000 international students each year.

Swedish education is free for Swedish, Swiss and European Union students. Each university sets its won cost for other international students, but the average is SEK 80,000 to 140,000 a year. International students can apply for scholarships to help cover this cost. Those studying in Sweden who live in developing countries can apply for scholarships that cover tuition as well as living expenses.

Swedish universities use an academic year made up of two semesters that are 20 weeks in length. The first semester runs from August through January, followed by a second semester from January through June. Business studies can fall into one of two masters degree programs. The masterexamen is a two-year degree program offered through research universities, while the magisterexamen takes one year and is awarded through any of Sweden's universities.

Because of the innovative thinking encouraged through the Swedish university system, International students find their job opportunities are strong after graduating with a business degree. Students are welcome to stay in Sweden, or they can venture into other countries and use their new business learning to start a successful career.

Visa Requirements

  1. Short stay visa - if you are coming to Sweden for less than three months.
  2. Long stay visa type D (Resident permit for studies) - if you plan to stay in Sweden for longer than three months.

What type of Visa do you need?

Visa name

Short stay visa; Long stay visa type D

Price and currency

SEK 1000

The student visa application fee is currently 1000 SEK.

Who can apply for the visa?

Citizens of EU/EEA/Nordic counties can live and study in Sweden without a residence permit or visa.

Citizens of Switzerland must apply for a visa if their study lasts longer than three months. However, they can begin their studies immediately after arrival in Sweden or apply before the university admission is announced.

Students who are citizens of countries from outside the EU or EEA and want to study in Sweden will require a student visa or a residence permit. If you intend to stay in Sweden for less than three months, you will need a visa in case you are not a citizen of one of those countries that are exempted from visa requirement in Sweden. If your course of study will last more than three months, you will require a residence permit to enter and study in Sweden.

To be eligible for a residence permit, you must have been admitted to full-time studies on a program or course that requires you to be present at the university or university college.

Where can you make the application?

Online / Swedish embassy or consulate

After completing your visa application process online, you need to make an appointment with the Swedish embassy or consulate for an interview, to be photographed and fingerprinted, and to receive your residence permit card.


How to make the application?

To apply for a residence permit for studies, you’ll need to:

  • Pay your first tuition fee installment.
  • Prepare your supporting documentation. This includes copies of your passport and letter of admission as well as proving that you can support yourself financially during your time as a student in Sweden. If you’ll be staying in Sweden for less than one year, you’ll also need proof of comprehensive health insurance.
  • Submit the online application.
  • Pay the application fee.

You can find a full overview of the required documentation here:

When should you apply?

As the application process for residence permits can be lengthy, you should apply as soon as you have received your notification of admission. The current waiting time for a residence permit for studies is three months or more, so be sure to submit your application as soon as possible after paying your first tuition fee installment. A paper application takes much longer than an online application, so apply online if possible.

Visas and residence permits for international students in Sweden depend on the duration of your course of study.

Processing time

3 Months

Work opportunities

As an EU citizen, you are entitled to work in Sweden without a work permit.

Non-EU/EEA citizens will need a work permit. The employer in Sweden will apply for a work permit on your behalf.

You are allowed to work without hourly restrictions, but you are advised not to neglect your studies. You will have to prove that you have made study progress and to show satisfactory academic results.

Hours per week


Why do you need this type of visa?

Your visa application may be rejected if you are not able to show proof of the required funds, or if you provide incorrect or incomplete documents.