The Lisbon MBA Program has been ranked number 1 in an international experience by the FT Global Ranking 2019. They have got triple accreditations from AACSB, Equis and AMBA. They invite diversity among their students in terms of academic qualifications, work experience, etc. The last class of the Lisbon MBA Program had 62% of international students. 32% of the total students were females and the average age of the class was 32 years. They had an average work experience of 8 years. If you want to pursue the Lisbon MBA program to boost your career or make a job function or sector change, it is a good idea to gain all the admissions-related information that has been discussed here beforehand.
Course Curriculum
The Lisbon MBA program is a 12-month program that starts in January. Mandatory courses are covered from January to May. They focus on action learning in July and August. This involves a summer project, international lab and entrepreneurship hub.
From September to December, an integrative course is covered. Elective courses are chosen by the students that need to be covered during this period.
Eligibility Criteria & Entry Requirements
If you want to pursue the Lisbon MBA program, there are eligibility criteria and entry requirements that one needs to be aware of. They are described here –
1) A full-time work experience of more than three years
2) A Bachelor’s degree in any field
3) Good score in GMAT/GRE – The average GMAT score of their students is 650.
4) 2 written essays and 1 video essay
5) 2 professional references
6) Official university transcripts
7) Resume
8) Proof of English proficiency test
Course Fee
The tuition fee of the Lisbon MBA program is €39,500. This amount includes courses, cases, etc. Living expenses, textbooks, etc. are not included in this fee. The total fee can be paid in instalments.
Scholarships
There are different scholarships available to the Lisbon MBA program students. They are of varying amounts and can cover up to 50% of the tuition fee. Some of them are mentioned here –
1) Entrepreneur Scholarship – The amount of this scholarship is up to 50% of the tuition and is open for applicants with an excellent entrepreneurial background.
2) Merit Scholarship – The amount of this scholarship is up to 50% of the tuition fee and is awarded to those with strong academic performance, a minimum GMAT score of 670 and a GPA of 15 out of 20 or 3 out of 4 in Bachelor’s degree.
3) Social Impact Award – This is awarded to applicants who have worked for the cause for a minimum of 2 years. The amount of this award is also up to 50% of the tuition.
4) The Lisbon MBA Scholarship – The amount of this award is also up to 50% of the tuition.
Placement Statistics
In 2018, the growth in the average salary after the Lisbon MBA program was 26%. 52% of the placed students changed job function while 45% changed their job sectors. 49% of the students were hired in Business Development/Strategy which was followed by Operations and Logistics, Consulting, Marketing, etc.
The highest-paid graduates were into Finance Control and Strategy at $202,000 per year while the lowest-paid were at $119,000 per year. Some of the best-recruiting companies in 2018 were EDP Comercial, Farfetch, Johnson & Johnson, Accenture, etc.
How to Apply
There are different rounds of application for the Lisbon MBA program. The last date for round 1 is September 30 and the deadline for the second round is November 10.
To apply to the Lisbon MBA program, the first step is to fill the online application form and upload all the required documents like transcripts, test scores, etc. The essays asked in the application of the Lisbon MBA program are:
Essay 1 – Please tell us about your most important accomplishment and your most significant setback, either personal or professional and why do you view them as such. (max 250 words)
Essay 2 – How do you envision your career progression after the Lisbon MBA program? Please share your long and short-term career goals.
Video Essay – How will you contribute and add value to the MBA class? Note – You should open an account on YouTube or Vimeo, record your 1-minute pitch and copy the link to this field.
Check here for essay tips – Application essays, Structured Thinking, Visualization, Story Telling
It is recommended to put equal efforts into all the requirements of the process of admission into the Lisbon MBA program. It is said that good planning is half work done. So, prepare well and perform well.
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