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MBA in Denmark

MBA in Denmark

Denmark's core values of community, equality, and environmental sustainability consistently position it among the world's happiest nations and earn it a spot on our list of top countries for higher education. When it comes to MBA programs in Denmark, these principles are seamlessly integrated into the educational experience.

Danish MBAs prepare you to address global challenges and champion responsible business practices within a supportive and socially conscious educational environment.

If you're curious about this prestigious program, below you’ll find all the info you need on costs, types of programs, career prospects, and more.

Why Study MBA in Denmark

Denmark is consistently ranked as one of the world's safest and happiest countries, providing a secure and positive environment for your academic journey. Additionally, the country boasts a high standard of living, ensuring a comfortable and fulfilling student experience.

Denmark's unwavering commitment to sustainability aligns with the increasing global emphasis on responsible business practices. Moreover, the country’s great work-life balance fosters a healthy and productive lifestyle during your studies.

Lastly, the dynamic Danish business landscape, combined with its abundant opportunities and demand for skilled laborers, makes it an attractive destination for MBA studies.

MBA Programs in Denmark

As Denmark continues to attract students and professionals from around the world, its MBA programs stand out for their excellence and relevance in today's global business landscape

Below are some of the finest MBA schools in Denmark, renowned for their academic rigor, practical approach, and the opportunities they offer to foster leadership skills and international networks.

19,708 Students

Frederiksberg

38,000 Students

Aarhus

19,410 Students

Aalborg

 

Copenhagen

MBA in Denmark Program Types & Duration

MBA programs in Denmark cater to a diverse range of preferences and needs, ensuring that you can find the right fit for your unique circumstances.

Here's a breakdown of the most common program types and their durations:

  • Full-Time MBA. If you're eager to fully immerse yourself in your studies, the intensive 1 to 2-year full-time MBA is your opportunity to dive headfirst into a comprehensive business education.
  • Part-Time MBA. Designed with working professionals in mind, part-time MBA programs span 2 to 4 years, allowing you to balance your career while pursuing your MBA dreams. It's a flexible option that accommodates your busy schedule.
  • Executive MBA (EMBA). For experienced professionals and senior managers, EMBA programs lasting 1.5 to 2 years provide a tailored education that fits seamlessly into a demanding work life, often with weekend or evening classes to suit your schedule.

MBA in Denmark Eligibility

While each university or business school establishes its own unique MBA eligibility requirements and admission criteria, the following prerequisites are the most common for MBAs in Denmark

  • Bachelor's Degree. You generally need a bachelor's degree from a recognized institution. Some programs may specify a minimum GPA or require a relevant undergraduate degree.
  • Work Experience. Many MBA programs in Denmark prefer candidates with work experience, typically ranging from 2 to 5 years. Executive MBA programs may require more extensive work experience.
  • Language Proficiency. Since most programs are taught in English, proof of English proficiency is often necessary. Commonly accepted language tests include TOEFL or IELTS. For Danish programs, you may have to prove your proficiency through the Danskprøve or another relevant language test/course.
  • Letters of Recommendation. You may be asked to provide letters of recommendation, typically from academic or professional references.
  • Statement of Purpose. A well-written statement of purpose outlining your career goals, aspirations, and reasons for pursuing an MBA is often required.
  • Entrance Exam. Some universities may require the GMAT or GRE, although many Danish MBA programs do not have this requirement.
  • Interview. You might need to participate in an interview as part of the admissions process.

MBA in Denmark Cost

Denmark is often regarded as an expensive country to live in; however, when it comes to pursuing an MBA, the cost can be surprisingly affordable in comparison to countries like the United States or the United Kingdom. It's important to note that the cost of an MBA program can fluctuate based on several factors, including the chosen institution, program type, and your specific situation.

Below, we will explore the cost of tuition fees for MBA programs and living expenses in Denmark.

Tuition Fees

Tuition fees for MBA programs in Denmark can vary widely depending on the university and institution you choose. While Denmark is known for its high-quality education, it's essential to consider your budget when planning your studies. The fees for a Danish MBA can range from DKK 115,000 to DKK 420,000, which equates to approximately €15,424 to €56,325.

It's worth noting that some universities offer scholarships and financial aid options to help mitigate the cost of pursuing an MBA in this academically rich and economically dynamic Scandinavian country. Make sure to explore these opportunities to make your MBA journey in Denmark more affordable and accessible.

Here is a comprehensive list of the tuition fees at the most popular MBA programs in Denmark:

School Tuition
Copenhagen Business School DKK 350,000 (€46,953)
Business Institute Denmark DKK 195,000 (€26,151)
Aarhus University DKK 295,000 (€39,562)
Technical University of Denmark (DTU) DKK 420,000 (€56,325)
Aalborg University DKK 189,000 (€25,348)
AVT Business School DKK 378,500 (€50,759)
IBA International Business Academy DKK 115,000 (€15,424)

Living Costs

Living costs in Denmark depend heavily on your lifestyle preferences and where in Denmark you plan to live. However, approximations can be made to provide a general idea.

For a single person, monthly living expenses are estimated to be around DKK 7,833 (€1,050).

  • For dining out, an affordable restaurant meal can cost anywhere from DKK 90 (€12) to DKK 250 (€33), while a three-course meal for two at a mid-range restaurant ranges from DKK 500 (€67) to DKK 1,000 (€137).
  • When it comes to local transportation, one-way tickets vary between DKK 20 (€2.68) and DKK 40 (€5.36). Monthly transportation passes are priced between DKK 390 (€52) and DKK 840 (€112.60).
  • For utilities in an 85m2 apartment, you can expect an average cost of DKK 1,467 (€196.75).
  • Regarding housing, rent for a one-bedroom apartment in the city center can range from DKK 4,800 (€643.70) to DKK 15,000 (€2,011.70). Meanwhile, outside the city center, one-bedroom apartment rents vary between DKK 4,000 (€536) and DKK 11,000 (€1,475).

Please note that these are estimates. We advise you to conduct thorough research and create a detailed budget based on your specific circumstances when planning to live in Denmark.

MBA in Denmark Careers

After completing your MBA in Denmark, you are eligible for an additional 6-month permit, allowing you dedicated time to search for employment opportunities within the country.

Denmark's strong economy, particularly in sectors like technology, renewable energy, and healthcare, offers a promising job market for MBA graduates.

You can find opportunities in various roles, including management, finance, consulting, and entrepreneurship. Danish companies often value the international perspective and business acumen that MBA graduates bring, making it an attractive destination to kickstart or advance your career in a dynamic, forward-thinking environment.

MBA graduates have a wide array of companies to consider for employment, including renowned organizations such as Boston Consulting Group, Pandora, Nordea, McKinsey & Company, Novo Nordisk, Lego, Foss, Milestone, Maersk, UserTribe, Copenhagen Infrastructure Partners, Bain & Company, Radiometer, Danske Bank, Carlsberg Group, and many more.

Average Salary in Denmark for MBA Graduates

The average salary for MBA graduates in Denmark varies based on several factors, including specialization, work experience, industry, and location.

On average, MBA graduates can expect competitive salaries, often surpassing the national average income in Denmark, which is considered high.

Salaries typically range from DKK 540,000 (€72,387) per year for mid-level roles to DKK 1 million (€134,050) or more annually for executive roles and senior positions.

Can I Study MBA in Denmark Without GMAT?

In Denmark, many MBA programs do not require a GMAT (Graduate Management Admission Test) for admission. Typically, your previous educational qualifications, work experience, and achievements are considered sufficient for admission.

However, it's essential to note that some of the more prestigious institutions, like Copenhagen Business School, may request a competitive GMAT or GRE (Graduate Record Examination) score as part of their admission criteria. It's advisable to check the specific requirements of your chosen MBA program to ensure you meet their criteria for admission.

Can I Study MBA in Denmark Without Work Experience?

Studying for an MBA in Denmark typically requires a significant amount of work experience, with most schools expecting candidates to have at least 2-3 years of professional experience. In the case of executive MBA programs, such as the one at the Technical University of Denmark (DTU), this requirement can be higher, often around 5 years.

However, if you lack the usual work experience for an MBA in Denmark, you can enhance your application with relevant qualifications like academic achievements, internships, certifications, leadership roles, strong recommendations, and a compelling personal statement, as many schools evaluate applicants individually.

Can I Study for an MBA in Denmark in English?

Denmark offers numerous English-taught higher education programs, including MBA options.

What's more, an impressive 86% of the Danish population is proficient in English, making it quite comfortable for non-Danish speakers to navigate daily life.

While most programs are in English, it's wise to confirm with the specific institution you're interested in, as some might offer programs exclusively in Danish. Learning the language, however, can be advantageous if you plan to seek employment and immerse yourself in Danish culture, enhancing your overall experience.

All in all, the country offers a great mix of quality education, a sustainable outlook, and a dynamic job market. Plus, it's a fantastic place to live. So, if you're considering an MBA, Denmark could be your ideal destination!