Head to head
INSEAD vs Nova School of Business and Economics
The INSEAD and Nova School of Business and Economics Master in Management programs, compared side by side on the numbers that decide it — ranking, fees, salary, selectivity and class profile.
INSEAD
Nova School of Business and Economics
FT ranking 2025
#3
#4
QS ranking 2025
#5
#39
Tuition
€57,870
€11,650 (3-semester base)
Median salary
$127k
$123k
Employment rate
92%
94%
GMAT range
640–730
620–710 (recommended, not mandatory)
Duration
14–16 months
18 months
Class size
217
69
Average age
22
23
International
95%
93%
Female
36%
50%
Location
Fontainebleau, France
Lisbon (Carcavelos), Portugal
The short version
- On the Financial Times 2025 ranking, INSEAD (#3) sits ahead of Nova School of Business and Economics (#4).
- On graduate salary, INSEAD leads at $127k.
- On tuition, Nova School of Business and Economics is the more affordable option at €11,650 (3-semester base).
- Geographically they are a different bet entirely: INSEAD in France, Nova School of Business and Economics in Portugal.
Rankings and salary are only part of the decision — fit with your target career, location, language, and cost of living usually matter more. Read each program in full before deciding.