Cost of Living for MBA in Spain

Generally, the cost of living in Spain to study MBA programs is pretty affordable. Nevertheless, the lifestyle you choose will majorly impact your cost of living for a single person studying MBA in Spain. On average, you will require €900 per month to cover the cost of food, drink, rent and other utilities in Spain. And this amount does not include the cost of studying MBA in a Spanish university or the tuition fee for an MBA.

While the on-campus accommodation cost for MBA in Spain is more affordable than the other options, getting such accommodations is not always possible. In that case, remain prepared to spend between €450 and €1, 000 for a one-bedroom apartment in the city center. Finding a one-bedroom apartment outside the main city may cost you anything between €350 and €7820 per month. The living cost for Indian students in Spain per month to study MBA will be more expensive in the largest Spanish cities like Madrid and Barcelona than the rural regions like Andalusia.

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Again, for food, you may have to pay €150 per month, approximately €28 to €56 for transportation and €100 per month for utilities. International students pursuing their MBA in Spain should always keep a close watch on living expenses in Spain for non-EU MBA students to avoid overpaying. They must always remain focused and aim to cut as many expenses as possible. Generally speaking, the estimated cost of living in Spain while studying MBA for international students will range between €6, 000 and €12, 000. Students should try to control their expenses so as not to go overboard in this range.

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Though the cost of living in Spain is more affordable than the other European nations, students with limited finances may find it difficult to manage even this cost of living. In such situations, they may look for scholarships, but they are not easy to apply for and get approval for. Another option is to apply for a student loan, and that’s where GoSpain can help you. The study consultants at GoSpain will take care of all the formalities associated with getting student loan approval, from arranging and reviewing all required documents to filling out the loan application form, submitting the same and getting the loan approved.

Besides arranging student loans, we can help students with their travel and accommodation arrangements in Spain. Consider us for your flight bookings to Spain and also entrust us with arranging the most affordable stays in Spain. At GoSpain, we take special care to find deals that best suit the budget and the requirements of the students. So, why wait when GoSpain is there to handle everything regarding your MBA studies in Spain and that too free of cost? Get in touch with us today to learn more.

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