Head to head
ISEG Lisbon School of Economics and Management vs Hanken School of Economics
The ISEG Lisbon School of Economics and Management and Hanken School of Economics Master in Management programs, compared side by side on the numbers that decide it — ranking, fees, salary, selectivity and class profile.
| Metric | ISEG Lisbon School of Economics and Management | Hanken School of Economics |
|---|---|---|
| FT ranking 2025 | #59 | #60 |
| QS ranking 2025 | — | — |
| Tuition | EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year | Free for EEA/EU/Swiss students; €15,000/year (€30,000 total) for non-EEA students |
| Salary (~3yr) | — | $67kFT 2025 |
| Employment rate | 100%3 months out | 94%3 months out |
| GMAT range | — | — |
| Duration | 3 semesters full-time (90 ECTS) — one September intake | 24 months |
| Class size | — | — |
| Average age | — | — |
| International | 73% | — |
| Female | — | — |
| Location | Lisbon, Portugal | Helsinki, Finland |
The short version
- On the Financial Times 2025 ranking, ISEG Lisbon School of Economics and Management (#59) sits ahead of Hanken School of Economics (#60).
- On tuition, ISEG Lisbon School of Economics and Management is the more affordable option at EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year.
- Geographically they are a different bet entirely: ISEG Lisbon School of Economics and Management in Portugal, Hanken School of Economics in Finland.
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.
ISEG Lisbon School of Economics and Management full profile → Hanken School of Economics full profile →
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Frequently asked
Is ISEG Lisbon School of Economics and Management or Hanken School of Economics ranked higher?
- On the Financial Times 2025 Masters in Management ranking, ISEG Lisbon School of Economics and Management places #59 and Hanken School of Economics #60, so ISEG Lisbon School of Economics and Management ranks higher. A few places on one table rarely settle the decision, though — programme fit, location and cost usually matter more than the gap.
Which is more affordable, ISEG Lisbon School of Economics and Management or Hanken School of Economics?
- Tuition is EUR 7,800 in total inside the EU and EUR 11,000 outside it, for the 2026/2027 intake — split across two academic years as EUR 5,800 + EUR 2,000 and EUR 7,500 + EUR 3,500. ISEG labels the table 'These are provisional tuition fees for 2026/2027, subject to confirmation by the University of Lisbon statutory bodies', so the figure is the latest published and is provisional at source. Two payments sit outside tuition: a EUR 50 application fee per course, and a first instalment of EUR 700 (EU) or EUR 1,400 (non-EU) paid at registration and deducted from the first year at ISEG Lisbon School of Economics and Management and Free for EEA/EU/Swiss students; €15,000/year (€30,000 total) for non-EEA students at Hanken School of Economics. Compare like for like before concluding — headline tuition can mix EU/EEA and non-EU rates — and add living costs in Lisbon versus Helsinki, since the lower tuition is not always the cheaper city overall.
Do you need the GMAT for ISEG Lisbon School of Economics and Management or Hanken School of Economics?
- ISEG Lisbon School of Economics and Management has an admission route that does not require a GMAT or GRE; Hanken School of Economics generally expects a GMAT or GRE. Test policies change each cycle, so confirm the current requirement on each school's own admissions page before assuming you can skip it.
Should I choose ISEG Lisbon School of Economics and Management or Hanken School of Economics?
- There is no universal winner. The right pick depends on your target career, where you want to live and work (Lisbon, Portugal versus Helsinki, Finland), the language of instruction, and your budget. Read both full profiles, weigh fit over a handful of ranking places, and if you are still torn, our admissions guide walks through building a shortlist you can defend.