What Is an MBA Degree?

MBA in Belgium

MBA in Belgium

MBA education in Belgium offers a unique blend of international diplomacy, financial expertise, and cutting-edge innovation.

From uncovering the benefits of this dynamic educational experience to discovering the finest programs, calculating the costs, and setting your sights on promising career prospects, we've got you covered.

Why Study MBA in Belgium

Studying for an MBA in Belgium presents a compelling array of advantages for international students. First, Belgian universities are renowned for their high academic standards, ensuring top-quality education.

Moreover, Belgium’s renowned linguistic diversity, encompassing three official languages - Dutch (Flemish), French, and German, provides a distinct advantage for MBA students. It enriches your language skills and equips you with a valuable cross-cultural competency, essential in today's global business landscape.

Situated in a prime location in Western Europe, the country also offers easy access to neighboring cities like Paris, London, Amsterdam, and Berlin, facilitating networking and exploration.

The nation's vibrant cultural scene, historic cities, and excellent quality of life create an inviting and enriching environment for you to explore and enjoy. Plus, you can indulge in delectable Belgian chocolates, waffles, and beers, as well as explore enchanting towns like Bruges and Ghent (the latter chosen as the top Erasmus destination in 2023).

MBA Programs in Belgium

  • Vlerick Business School - MBA
  • Antwerp Management School - Executive MBA
  • Solvay Brussels School of Economics & Management - Executive MBA
  • United International Business School - MBA
  • UCLouvain - International Executive MBA

MBA in Belgium Program Types & Duration

In Belgium, Full-time MBA and Executive MBA programs are among the most popular choices for business education:

  • Full-time MBA. This is a traditional MBA program designed for individuals who can commit to full-time studies. It typically spans one year, allowing students to immerse themselves in their studies and gain a comprehensive understanding of business concepts and leadership skills.
  • Executive MBA (EMBA). The EMBA program is tailored for experienced professionals who want to pursue an MBA while continuing their careers. EMBA programs are part-time, allowing you to balance work and studies. The duration can vary but often spans around 18 to 24 months.

You'll also find other programs, such as the European Executive MBA and Online MBA at Vlerick Business School, in addition to the traditional Full-time MBA and Executive MBA options.

These options are designed to meet diverse professional needs, offering flexible and personalized learning experiences.

MBA in Belgium Eligibility

Eligibility requirements for MBA programs in Belgium can differ based on the particular university and program you choose. Nevertheless, here are some typical eligibility criteria that international applicants come across when seeking admission to an MBA program in Belgium:

  • Educational Background. You should have completed a Bachelor's degree or its equivalent from a recognized institution. Some programs may specify prerequisites related to your undergraduate field of study or prior coursework in business-related subjects.
  • Work Experience. Many MBA programs, especially full-time and executive MBA programs, typically require you to possess relevant work experience. This requirement often ranges from 2 to 5 years.
  • Language Proficiency. Since the majority of MBA programs in Belgium are conducted in English, non-native English speakers are generally asked to demonstrate English proficiency through standardized tests such as TOEFL or IELTS.
  • Entrance Exams. Certain Belgian MBA programs require GMAT or GRE exams with varying score thresholds. Some universities offer their in-house tests as alternatives or requirements.
  • Recommendation Letters. You may need to provide letters of recommendation from academic or professional contacts who can vouch for your qualifications and potential for success in the MBA program.
  • Interview. Interviews may be conducted by some universities as part of the admission process to evaluate your motivation, qualifications, and alignment with the program.
  • Statement of Purpose or Essays. You may need to write a statement of purpose or short essays to display your goals, motivations, and reasons for pursuing an MBA.

MBA in Belgium Cost

Exploring the financial aspects of pursuing an MBA in Belgium is essential for prospective students. Belgium's MBA programs come with varying tuition fees and living expenses, making it important to understand the full scope of potential costs and available financial aid options.

Tuition Fees

The range of tuition fees for MBA programs in Belgium can vary widely but is generally between €17,000 to €49,500, with costs depending on the specific program, university, and any additional expenses related to the MBA.

Here is a full list of fees at the top MBA and EMBA programs offered by Belgian universities or business schools:

School Tuition
Vlerick Business School €41,500
Antwerp Management School €49,350
Solvay Brussels School of Economics & Management €37,000
United International Business School €17,280 - €21,600 depending on courses
UCLouvain €33,900

Living Costs

The cost of living in Belgium for MBA students can vary depending on the city, lifestyle, and personal choices. However, in general, the estimated monthly living costs in Belgium for a single person are approximately €898.3 without rent.

  • Dining costs vary — an inexpensive restaurant meal can range from €10.50 to €25, while a three-course meal at a mid-range restaurant typically costs between €50 and €120.
  • Local transportation is affordable, with a one-way ticket priced from €2 to €3. For regular commuters, a monthly pass can range from €30 to €60.
  • Basic utilities for an 85m2 apartment, including electricity, heating, cooling, water, and garbage, can range from €120 to €350 per month.
  • The monthly rent for a one-bedroom apartment in Belgium varies depending on the city and location. In the city center, it can range from €650 to €1,100 per month, while outside the city center, one-bedroom apartment rents range from €550 to €900.

MBA in Belgium Careers

Third-country nationals (Non-EEA) have the opportunity to apply for a 12-month permit after graduating with an MBA. This permit allows you to search for a job or set up a company in Belgium, all with the aim of securing a residence permit for employment purposes.

Earning an MBA in Belgium opens up a wealth of career opportunities in diverse sectors. Belgium boasts strong industries such as finance, pharmaceuticals, technology, and logistics, all of which offer promising prospects for MBA graduates.

With an MBA, you can pursue roles as a business consultant, project manager, financial analyst, marketing manager, supply chain manager, and more. You can work in multinational corporations, financial institutions, consulting firms, or start your entrepreneurial ventures.

Here are some of the biggest Belgian companies and corporations that are most attractive for MBA graduates:

  • AB-Inbev
  • Solvay
  • Colruyt Group
  • Proximus Group
  • Sofina
  • Delhaize Group
  • KBC Group
  • D'Ieteren Group
  • UCB
  • Belfius Bank
  • Umicore

Average Salary in Belgium for MBA Graduates

The average salary for MBA graduates in Belgium typically ranges from approximately €45,000 to €90,000 or more annually.

It's worth noting that mid-level roles often fall within the medium range of this scale, while higher management positions tend to command salaries on the higher end.

However, these figures are approximate and can vary widely depending on several factors, including the industry, job role, level of experience, and geographic location within Belgium.

Can I Study MBA in Belgium Without GMAT?

In Belgium, most universities offer MBA programs without a strict GMAT requirement. For instance, Vlerick Business School provides the option to take their internal VBAT (Vlerick Business Admissions Test) as an alternative to the GMAT or GRE. Similarly, Antwerp Management School accepts the GMAT but does not mandate it, offering the Online Business Test as an alternative assessment.

At Solvay Brussels School of Economics & Management, while they require the GMAT, they also accept the GRE or SeeAT (Solvay Executive Education Admission Test), allowing applicants multiple avenues to meet their admission criteria.

However, it's important to check specific requirements and alternatives for each institution, as requirements may vary, and some universities may not mention GMAT requirements in their admissions criteria.

Can I Study MBA in Belgium Without Work Experience?

Most MBA and EMBA programs in Belgium typically require applicants to have a certain amount of work experience, which can vary among universities and programs. For instance, Vlerick Business School generally looks for candidates with three years of full-time work experience.

Antwerp Management School typically seeks applicants with a minimum of five years of work experience, UCLouvain five years, and Solvay Brussels School of Economics & Management requires a minimum of three years of professional experience. However, the specific work experience requirements may differ between institutions.

However, for those who do not meet the work experience requirements, there may be alternative pathways. Some universities offer preparatory programs or bridge courses to help candidates gain the necessary skills and experience before entering the MBA program.

Can I Study for an MBA in Belgium in English?

Most universities and business schools in Belgium offer their MBA programs in English to cater to international students and provide a diverse and inclusive learning environment. These English-taught MBA programs cover a wide range of business specializations and are designed to accommodate students from various linguistic backgrounds. If you prefer to study in English, you will find a range of options available to pursue your MBA in Belgium.

With innovative MBA programs, a diverse student community, and ample networking prospects, Belgium offers an ideal setting for MBA students to thrive.