What is the cost of a typical two-year course at a European university?

Oct 11, 2019 | 1 month ago | Read Time: 3 minutes | By iKnowledge Team

Studying in Europe is not as expensive as it is in the United States, because the European model depends more heavily on public funding which keeps costs low.

For those in the European Union and the European Economic Area, education can be free and for non-European students the fees charged are reasonable (allowing for the exchange rate with the Euro). The living expenses are also lower.

On an average for a Bachelor’s degree in Europe, international students will have to shell out $9,800 per year, while for Master’s it is $11,600 a year [1].

Comparison and average costs of studying in different countries in Europe [1] (for international students) in USD. These fees are applicable to studies at all levels.

Country Tuition Fees Avg Living Expenses
Austria $850 / semester $13,350/year
Belgium $4900/year $$11,940-13,350/year
Denmark $7,020-18,730/year $16,850 / year
Finland 4,700-21,070 /year $11,200 / year
France $200/ semester for undergraduate courses at public universities; $280 per semester for most master’s programs and $440/semester for doctoral programs  $11,550 / year
Germany Free for all students at public universities at undergrad and PhD level; $3500 / year at Baden-Württemberg $11,900 / year
Ireland $11,400) / year for intnl. students at undergraduate level; From $4,700/ year for intnl.  students at postgraduate level. $14,000 / year
Italy $920-1,100 / year at undergraduate level at public universities; $1,750/year at postgraduate level. $14,000) per year
Norway Free for all students; some specialised programs may charge fees  $17,100 / year
Russia $1,900-6,040 at all study levels for all students $3,850 / year
Spain $880-2,450) at undergraduate level in public universities; $1,540-5,050) at postgraduate level. $12,630-15,430 / year
Sweden $9,100-21,600 / year for most courses $10,900 / year
Switzerland $810-1,245 / year at all study levels. International students may have to pay an additional charge. $22,875 / year
The Netherlands $7,000-17,500 / year at bachelor’s level; $9,340-23,350) at postgraduate level $11,200-15,400 / year
United Kingdom $13,130 for international undergraduate students; International students should expect to pay between $14,440-42,000 for most master’s degrees $16,000 / year

SOURCE: Top Universities [1]

In addition to the expenses above, which are the major ones, some universities may charge administrative fees that could be per semester or per year. Students should go to the individual website of the universities to check on these.

On an average as you can see, studying in Europe is much cheaper compared to many other countries. The UK and France are expensive places to stay, so students need to factor that in while planning to study there.

Cost of a MBA program in Europe

Every country has its own cost structure and expenses vary depending on the institutes too. The range is from $12,550 to $45,600 a year [2]. Executive MBAs may carry higher fees. However, they are certainly much lower than what you would expect to pay in North America. These are the tuition fees. Living expenses would remain as above.

There are additional application and admission fees, but these are marginal compared to the major cost component.

Cost of a MS program in Europe

Tuition fees for a specialisation course in medicine including surgery, varies from country to country. For international students, this can range from $6000 to $34,000 a year [3], depending on which country you plan to study. If it is the Imperial College, London, you can expect to pay $34,000 in tuition fees yearly [4]. In the same city, Queen Mary University charges about $19,000 a year [5]

Some countries such as Germany insist on students knowing the national language and this may cost anything from $3000 to $4100 for a one-year language learning course.

It may be kept in mind that in many countries in Europe, if you take the trouble to learn the local language, education is free or even cut down considerably.

However, to parents our advice is that you need to plan your child’s education while they are still young with a child savings plan.

Plan now and save on future costs. To know about Aegon Life’s life insurance products like term insurance and other products, visit our home page.

[1] https://www.topuniversities.com/student-info/student-finance/how-much-does-it-cost-study-europe

[A] Top Universities

[B] https://www.findamasters.com/study-abroad/mba-in-europe.aspx

[C], [D], [E] https://www.schoolapply.co.in/masters-degree/masters-in-medicine/surgery/top-schools-for-masters-in-surgery-in-the-uk/


Calculate premium for your Term Plan

Prev
Where do Insurance Companies Invest Your Money? Where do insurance companies typically invest your money and how you know it is safe?
Next
Who are Foreign Institutional Investors and why does India remain a preferred market for them?
GENDER
Date of Birth
DO YOU CONSUME TOBACCO?
Annual Income
Sum Assured
Select Cover Upto Age
Full Name
Mobile
Email ID
Your Monthly Premium for Aegon Life iTerm Insurance Plan

MOST READ

  • Oct 11, 2019
  • |
  • Read Time: 3 minutes

Section 80C, 80CCC & 80CCD Tax Deductions Explained

  • Oct 11, 2019
  • |
  • Read Time: 3 minutes

Tax Structure in India, Explained

RELATED ARTICLES