Students often look for exposure and new experiences during their youth and college years and there has been a trend of going abroad for further studies in terms of more exposure, better education, and opportunities and in this same very case, Russia has been growing in terms of students approach towards it in terms of education and have started going there for further studies. Among a lot of colleges and courses that Russia offers MBA is one of the leading courses and comprises of some of the leading MBA colleges in Russia.

MBA colleges in Russia

There are many MBA colleges in Russia that are famous around the globe and that is why students prefer going to Russia because of its flexible coursework and student centric approach to studies and lifestyle, the opportunities and the quality of education also is enhanced in Russia.

Mentioned Below are listed 5 top MBA colleges in Russia:

Universities	Course duration
St. Petersburg University	2 years
The Stockholm School of Economics	1.5 years
Moscow State University	2 years
Moscow International Higher Business school	5 years
Moscow school of management	1.5 years

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Check out : Study in Russia

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MBA in Russia for Indian students

MBA in Russia for Indian students is another most approached subject because of the course duration along with the finely executed college framework of Russia, Also Russia is becoming a global hub because of its culturally rich heritage and strong economy which attracts a lot of students in search of opportunities and a lot of Indian students go to abroad for further studies in hope of better exposure and opportunities for the students. 

Cost of MBA in Russia

along with the rich culture and exposure the MBA colleges in Russia demand for expenses both pre arrival and post entering in the Russia, these expenses are inevitable and thus it becomes very important for the student to calculate them before entering the college for the better financial idea.

Here are listed some genuine expenses that a student will occur after and before coming to Russia :

Pre – Arrival Expense 

Pre-Arrival Charges list	Amount
Study permit Visa fee	11,123 INR
Work permit visa fee	11,493 INR
Flight Expenses	1-2 lakhs INR
Health Insurance	17,000-44,000 INR
Application fee for University	2400-11,000 INR

Academic Expenses

Administration Charges list	Amount
IELTS test costs	14,700 INR
TOEFL test costs	14,000 INR

Post arrival cost 

Post-Arrival Charges list	Amount USD
Residence cost	450
Health insurance	90 – 130
Study materials	80 – 100
Grocery	60

MBA in Russia eligibility

Though the fee structure of the Russian universities is very adjustable and feasible yet it is not very easy to get admitted to the universities there due to their pre requirements and eligibility criteria set for the students, this criteria’s are different for different universities. i.e each university requires different IELTS or TOEFL scores for admission. 

The following are the basic requirements for students interested in pursuing an MBA Colleges in Russia:

• The applicant must have finished 16 – 14 years of study, or have a bachelor’s degree in any area.
• Although it is not required, students applying to take proficiency tests such as the IELTS or TOEFL are encouraged to do so.
• Students who have not taken the IELTS or TOEFL can do an English language interview instead.

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Must read : MBA in Italy 

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MBA fees in Russia in rupees

Russian universities are far less expensive than their counterparts in the United States, Canada, and the United Kingdom. The quality of education provided by Russian MBA colleges and other Russian universities is significantly superior to that provided by western educational institutions.

International students can benefit from the Russian government’s thousands of MBA scholarships and other scholarships, which provide free tuition. here are few renowned MBA colleges in Russia. 

Universities	Course duration
St. Petersburg University	5.18 lakhs
The Stockholm School of Economics	37.2 lakhs
Moscow State University	4.6 lakhs
Moscow International Higher Business school	2.8 lakhs
Moscow school of management	4.8 lakhs
Vlerick Business School	5.68 lakhs
EMAS Business School	8,10,000INR

MBA salary in Russia

Students pursuing an MBA in Russia get not just practical skills but also a solid theoretical foundation. Business consultants and heads of various firms are taught by people working in the field of finance and worldwide marketing professionals. As a result, students can quickly adapt to any job environment.

In Russia, graduates with an MBA can work in fields such as digital media, life sciences, management consulting, and technology.

Here are few jobs that one can seek after completing their MBA from colleges in Russia:

Jobs	Salary
Manager	80,000- 1 Lakh
Director	1 Lakh – 1,50,000
Accountant	80,000- 1 Lakh
Vice president	2 Lakh-3 Lakh
Senior advisor	2.1 Lakhs
Managing consultant	80,000

Jobs in Russia for Indian MBA

MBA is thought of as a very successful field of study and learning and that is the reason behind a lot of rush and trend among students to start considering Russia as another hub of study, one such reason behind the trend is also that the academic fees in Russia is half of USA and Canada which makes it more accessible by larger Indian population and thus becomes their priority too, along with a guarantee of good academic future the country also provides the international students with better job opportunities and freedom. 

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Check out : List of MBA Specializations

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1-year MBA in Russia

MBA colleges in Russia also provide students with an option where they can have a chance to complete their MBA in mere 1 or 1.5 years this has been another such aspect of the MBA colleges in Russia which makes it very popular among students because of the short duration of the courses that it provides. This makes it very feasible and approachable for the student. As they can get both academic as well as good job opportunities just after 1 or 1.5 years of college. Here are few MBA colleges in Russia which provide such a course. 

Universities	Course duration
Executive General Management	1.3 years
The Stockholm School of Economics	1.5 years
EMAS Business School	1 year
Eurasian Management and administration school	1 year
Moscow school of management	1.5 years

MBA in Russia: Russian Government Scholarships

MBA colleges in Russia also provide students with scholarships that can aid them financially and also complement their caliber, scholarships are approached by students for their better budget framework as well as financial adjustment. Here are few scholarships that the MBA colleges in Russia provides to its students. 

For international students, Russia offers 2 categories of scholarships:

Russian Government-Funded Scholarships – International students can apply for a limited number of state scholarships to study in Russia. It offers free tuition for the duration of the chosen programme, as well as a maintenance allowance and dorm housing. In 2018, 15,000 scholarship places were made available. The monthly scholarship payment is 1,500 rubles (about Rs.1,665).

University-Specific Russian International student scholarships – These are scholarships given out by individual universities in recognition of students’ outstanding academic achievements. Other scholarships offer students a stipend, while others provide free tuition or housing; however, some scholarships provide students with all three, namely a stipend, free tuition, and free housing.

These are a few of the universities that provide the same :

• Moscow Institute of Physics and Technology (Moscow Institute of Physics and Technology) (MIPT)
• National Research University 
• Tomsk State University 
• Polytechnic University of Saint Petersburg
• International Olympic University of Russia

How To Apply For a Government Scholarship?

• You may discover more about how foreign applications are picked on the website StudyinRussia.ru. Contact the unified operatormin your area for information on possible scholarships and topics of study.
• After registering on the internet, fill out an electronic form and submit your application. Please include the following information:
• Personal information (full name, date of birth, country of origin, e-mail address, and phone number – you will be notified when your application is processed) 
• Your chosen field of study, specialization, or vocation (you can change this information at any time before taking the relevant tests)
• Your current educational level of proficiency in Russian and English.
• Wait for an invitation to participate in the selection process (interviews, tests, examinations).
• Find your name on the list of applicants (depending on the results of the test/examination).
• Please bring supplementary evidence with you if your name appears on the list of candidates, such as a medical certificate, HIV test reports, and copies of documents, among other things.
• Wait for the university to send you a letter/notification confirming your acceptance and describing the following steps. This information will be relayed to you by a united operator representative in your nation.

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