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With the global demand for skilled business professionals soaring, students are increasingly seeking countries with a strong curriculum and a high reputation. Sweden, despite its relatively small population, boasts a world-class education system and ranks among the few best study destinations in Europe. Home to several top-ranked business schools, Sweden should be one of your top choices if you’re considering a business degree abroad. Explore the list of these esteemed institutions, including their entry requirements, costs, scholarships, and other crucial information. Make Sweden your springboard to a flourishing business career!
Why Study in Sweden
Before you start on your journey for admission to a business school in Sweden, it is important to understand what are its advantages.
- Sweden’s universities adopt a very different approach. They, like any other university, teach you to think critically. The framework, on the other hand, is rather different. You’ll also learn to think critically and creatively on your own. You are encouraged to challenge not only the academic world but also the non-academic world. Everything is taught to be questioned. You will be able to see the world in a new light as a result of this. It also affects the conclusions you reach.
- The concentration of each course is another feature that distinguishes Swedish institutions. They don’t merely focus on getting a degree by completing credits. They emphasize logic, reasoning, and, most importantly, application. This is in sharp contrast to the quote we just discussed. Sweden’s universities don’t only educate you on how to think. They show you how to put your knowledge into practice.
- Sweden’s rankings reflect its commitment to sustainability. Sweden was ranked first in the world in terms of sustainability. This is attributable to the country’s numerous achievements. Controlling greenhouse gas emissions and expanding renewable energy options have been prioritized.
- Sweden has continuously rated among the world’s most egalitarian countries. It’s also one of the greatest when it comes to gender equality and LGBT rights. This is attributable to Sweden’s progressive outlook in general.
Top 5 Business Schools in Sweden 2024
Top Business Schools in Sweden: According to US News Best Global Universities, the following are the best business schools in Sweden to consider when deciding where to study. Here are the top business schools in Sweden which you should consider for your higher studies.
| Universities | World Best Universities for Economics and Business Rankings 2024 (QS Ranking) |
|---|---|
| Lund University | #85 |
| Stockholm School of Economics | #118 |
| Stockholm University | # 118 |
| University of Gothenburg | #187 |
| Uppsala University | #105 |
Lund University
Lund University was established in 1666 as a public university. It has campuses in Helsingborg, Ljungbyhed, and Malmö, with the main campus in Lund, Sweden. Here, many master’s degrees, including economics, finance, and international humanitarian law, are taught in English. The Lund University Center for Sustainability Studies, the Lund University Diabetes Center, and the Max IV Laboratory for synchrotron radiation research are just a few of Lund University’s research institutions and facilities.
source: https://www.topuniversities.com/universities/lund-university
Stockholm School of Economics
The Stockholm School of Economics is a private business school in Stockholm’s Vasastan area in Sweden. Located in the heart of the city. SSE provides bachelor’s, master’s, and MBA degrees, as well as PhD and executive education programs. As of 2018, SSE’s Master of Finance program is ranked number 18 in the world. The Financial Times has placed the Master of Management program as the seventh-best in the world. SSE is ranked no. 26 in the world by QS among economics universities. The university is Sweden’s sole privately sponsored institution.
source: https://www.hhs.se/en/education/study-at-sse/
Stockholm University
Stockholm University, founded in 1878 and located in and around Stockholm, is a public university. In the university’s classrooms, both Swedish and English are spoken; numerous bachelor’s programs and roughly 75 master’s degree programs are taught entirely in English. Programs in banking and finance, management studies, and Middle Eastern studies are available at the English-taught master’s level. International and exchange students can also take Swedish language lessons.
University of Gothenburg
The University of Gothenburg is a public university that was founded in 1954, though one of its predecessor schools dates back to 1891. The university is divided into eight academic divisions: science, arts, fine, applied, and performing arts; social sciences; business, economics, and law; education; and information technology, with several undergraduate and master’s courses taught in English. Degree programs taught entirely in English, primarily at the graduate level, are also available. By enrolling in free Swedish classes at the institution, international students may obtain a taste of the native language.
Uppsala University
Uppsala University was established in 1477 as a public university. Its headquarters are in Uppsala, Sweden, about 45 miles north of Stockholm. The university has a campus on the Swedish island of Gotland, in addition to facilities in other parts of Uppsala. The major language of teaching for undergraduate programs is Swedish, however, there are several master’s degrees offered in both Swedish and English. All of the university’s international master’s programs, including computer science, entrepreneurship, and peace and conflict studies, are taught in English.
Business Schools in Sweden Eligibility Criteria
It is important to be aware of the basic criteria for studying Business Courses in Sweden. Though specific course requirements may vary per university, the following are the basic requirements for Business courses in Sweden:
- You must have finished a certified 10+2 curriculum that included To be considered, you must have received at least a 50% on your 10+2 board examinations.
- The candidate must have earned a bachelor’s degree from a recognized academic institution and met the university’s basic requirements. (For PG)
- For admission to MBA programs in Sweden, universities accept both GMAT and GRE results. Additionally, you will be required to give English language competency scores such as IELTS/TOEFL, among others.
Documents Required
Here are the documents required for pursing business studies in Sweden.
- TOEFL or IELTS scores obtained via the internet
- Tests scores of GMAT/GRE
- The results of the TISUS language test are solely used to enrol in Swedish programs.
- Two letters of recommendation are needed (LOR)
- Updated resume and/or CV
- Statement of Purpose
- A certified copy of your passport
Cost of Studying in Sweden
While tuition is free for EU students for business schools in Sweden, international students are responsible for all costs, including application fees and living expenses. The following is a breakdown of the total cost of studying in Sweden for international students:
| Expense | Cost (SEK) |
|---|---|
| Admission Application | 900 |
| Undergraduate Tuition fees | 75,000 to 440,000/yr |
| MBA program | 81,200 to 495,000/yr |
| MS program | 80,000 to 130,000/yr |
| Living Cost | 8514 |
Also Check Out: Cost of Studying in Sweden!
Sweden Visa & Study Permit for Business Schools in Sweden
To begin, visas and residency permits in Sweden are issued differently depending on the nation of citizenship. Nationals of EU/EEA nations are subject to different laws than citizens of non-EU/EEA/Nordic countries. There are two categories that Indian students interested in studying in Sweden should be aware of:
- A diploma passport will relieve you from the formality of obtaining a visa for stays of less than three months.
- For stays of more than three months: You will need a residence visa to study in Sweden in this scenario.
- For stays of less than three months, the rules for citizens of Non-EU/EEA Nordic countries state that visas are only required for a limited number of countries, while diplomatic passports allow citizens of other countries (such as India, Thailand, Philippines, Bolivia, and others) to travel to Sweden without a visa.
Getting a Residence Permit in Sweden
If you want to study in a Business school in Sweden for a full-fledged degree or a course that lasts longer than three months, you’ll need to apply for a residence visa. The following are the most important requirements to be aware of when applying for a residence visa to study in Sweden:
- The first instalment of your tuition price has been paid.
- Acceptance letter or letter of admission from the university, evidence of sufficient cash, and copies of your passport are examples of supporting papers. If you want to stay in Sweden for less than a year, you will also need to produce proof of health insurance.
- Submit your application for a residence permit and pay the appropriate amount online at the Swedish Migration Agency’s web page (1500 SEK, i.e. around 11,000 INR for Adults and 750 SEK, i.e. around 550 INR for those under 18 years of age).
Following that, the Swedish Migration Agency will process your application, and once approved, you must go to the nearest Swedish embassy to have your photo and fingerprints taken, after which you will get a follow-up email.
Popular Scholarships offered by Business Schools in Sweden
Sweden provides a variety of scholarships for bachelor’s and master’s degree programs to help overseas students afford the costs of their education, including
- Lund University Global Scholarship Programme
- The World Bank Scholarship and Fellows Program
- Open Society Foundation Fellowships, and Scholarships
- The University of Gothenburg Study Scholarship
- Karlstad University Global Scholarship Program
- KTH Royal Institute of Technology Tuition Fee Waivers
- Swedish Institute Study Scholarships
- Chalmers IPOET Scholarships
- Halmstad University Scholarships
- Linnaeus University Scholarships
- Linköping International Scholarships
- The Visby Program Scholarships
- Mälardalen University Scholarships
- Blekinge Institute of Technology Scholarship Program
- University of Borås Tuition Fee Waivers
You may be interested in this blog: Top Scholarships for Sweden to Explore in 2022!
So that was all about business schools in Sweden. If your dream is to pursue a lucrative career in the fields of business, Sweden should be you go to option.
The average cost of studying in Sweden for international students in 2024 can go up to 1,29,000 SEK per year (or above),
Lund University, Stockholm University, and Uppsala University are some of the best business schools in Sweden for domestic and international students.
Lund University is the highest ranked business school in Sweden in 2024.
Visit the Leverage Live page of Leverage edu or contact our study abroad experts at 1800-57-2000 to strengthen your scores and application to secure your spot in your dream college.
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