Alba prices this degree the way an American university does, and the arithmetic is published down to the instalment. The headline is EUR 12,500 — 'Total Tuition Fees (Books are not indluded) 12,500.00€', with a 'Non-Refundable Deposit of Tuition Fees at Registration: 1,100.00€' that is part of the fee rather than on top of it.³ The other EUR 11,400 is course tuition, and the school states the rate it is built from: 'Price per credit (US credits) is €380 for all MSc Programs', across 'Total US credits 30'.² ³ Thirty credits at EUR 380 is EUR 11,400, and EUR 11,400 plus the EUR 1,100 deposit is EUR 12,500 — the only fee in this catalogue whose published total, published unit rate and published instalment schedule all reconcile to the cent. The instalments are dated, and they are the part worth planning around. The full-time schedule runs six payments across three periods: EUR 1,520 by 30 August 2026 and again by 30 October 2026 (Fall), EUR 2,280 by 30 December 2026 and again by 27 February 2027 (Winter), EUR 1,900 by 30 April 2027 and again by 1 June 2027 (Spring).³ The part-time route spreads the identical EUR 12,500 over six periods and twelve payments from Fall 2026 to Spring 2028.⁴ One figure, every passport. Alba publishes no EU/non-EU split anywhere — not on the fee list, not on the two curriculum schedules, not on the international-students page — which puts it with TalTech and Católica Porto and against the 34 profiles in this catalogue that price by nationality. Two charges sit outside the EUR 12,500: 'a one-off €60 non-refundable application fee', and 'An additional €50 fee is required for Graduation & Commencement'.² Books are excluded by the school's own note.³ Withdrawal is unusually forgiving at the course level — 'AGBS students who withdraw a course within ten working days of the beginning of each semester will be fully refunded for this course' — but the EUR 1,100 registration deposit is non-refundable.² ³ Set it against what a MiM in Europe costs and the cost calculator.
Tuition for the Alba Graduate Business School Master in Management is EUR 12,500 in total for the 2026-2027 intake, which is the latest Alba publishes — no 2027-2028 schedule is published yet. The same figure for every nationality: EUR 11,400 of course tuition priced at EUR 380 per US credit across 30 credits, plus a EUR 1,100 non-refundable registration deposit which is part of the fee and is deducted from it. Books are not included. Two charges sit outside it: a EUR 60 non-refundable application fee and a EUR 50 graduation and commencement fee for the 12 months full-time across three academic periods, or 24 months part-time with evening classes across six — 30 US credits, one September intake a year. Alba publishes no ECTS figure for the degree program.
| Total tuition | EUR 12,500 in total for the 2026-2027 intake, which is the latest Alba publishes — no 2027-2028 schedule is published yet. The same figure for every nationality: EUR 11,400 of course tuition priced at EUR 380 per US credit across 30 credits, plus a EUR 1,100 non-refundable registration deposit which is part of the fee and is deducted from it. Books are not included. Two charges sit outside it: a EUR 60 non-refundable application fee and a EUR 50 graduation and commencement fee |
|---|---|
| Tuition (numeric) | €12,500 |
| Program length | 12 months full-time across three academic periods, or 24 months part-time with evening classes across six — 30 US credits, one September intake a year. Alba publishes no ECTS figure for the degree |
| Living costs (est.) | €300–€400 / month |
| Median tuition (80 euro-priced MiMs we track) | €23,157 |
On tuition, the Alba Graduate Business School MiM ranks #31 of 80 euro-priced MiMs we track — at or below the €23,157 median. See how it stacks up on our cheapest MiMs in Europe and best-value shortlists.
Tuition figures are the published rate for the 2026–27 cycle and exclude living costs, travel, and optional exchange fees. Scholarships and need-based aid can materially reduce the net cost — see the FAQs below.
Frequently asked questions
How much does Alba's MSc in Management cost?
EUR 12,500 in total for the 2026-2027 intake, and the same figure whatever passport you hold — Alba publishes no EU/non-EU split anywhere. The total is built from a published unit rate: 'Price per credit (US credits) is €380 for all MSc Programs' across 30 US credits, which is EUR 11,400 of course tuition, plus a EUR 1,100 non-refundable registration deposit that is part of the fee rather than on top of it. Books are excluded. Outside tuition sit a EUR 60 non-refundable application fee and a EUR 50 graduation fee. Full-time, it is paid in six dated instalments across three academic periods; part-time, the identical EUR 12,500 is spread over twelve payments and six periods to spring 2028.
Does Alba's MSc in Management require the GMAT?
No — but read the conditional clause. Alba states that a GMAT Focus Edition score of 515 or a GRE of 155 'is considered a strong asset', not that either is required. Two things qualify that. A score of 645 or higher earns a 40% tuition scholarship, worth EUR 5,000 and more than any GPA-based award the merit table can reach. And an applicant 'with a less robust academic background may be conditionally admitted', in which case the Academic Committee 'may require the submission of a GMAT score of 515 or higher (or a GRE score of 155 or above) prior to the beginning of the program' — so the test is optional as published policy and can become compulsory for one applicant by decision.
Is an Alba degree accredited?
The institution is, the programme is not separately. The American College of Greece states that 'AUG is accredited by NECHE, an accreditation that includes ACG's operations in Greece by means of an agreement between AUG and ACG covering all programs currently offered at ACG' — a US institutional accreditation reaching an Athens campus. At programme level, Alba's own page is precise about scope: AMBA accredits 'All Alba MBA programs', EFMD accredits 'both the MSc in Finance and MSc in Strategic Human Resources programs', and AACSB is a membership held since 2015 rather than an accreditation. The MSc in Management carries none of the three. Alba publishes nothing about recognition of the degree in Greece or the EU, so this profile asserts nothing about it.
Sources
- Alba Graduate Business School — MSc in Management, programme page. Key facts read verbatim: 'DURATION Full Time (12m) & Part Time (24m) / evening classes', 'Application Deadline LAST CALL – LIMITED SEATS AVAILABLE | New Application Deadline: 14 September, 2026', 'START DATE September 2026', 'FEES € 12,500'. Positioning: the programme 'is offered to young graduates and junior professionals (with business or non-business backgrounds) who aim to enter the world of business or advance their existing careers', a 'general management program that offers an up-to-date, balanced, and internationally competitive curriculum', with 'extensive opportunities to take courses abroad through student exchange agreements with a large network of top Business Schools worldwide'. Structure: '30 US credits' across three academic periods full-time or six part-time, with four streams — General Management, International Business, Entrepreneurship, Energy Management — and a capstone of MSc Thesis, New Venture Project or Career Development (internship or professional development). On-page admission block: 'Hold a bachelor degree; Provide evidence of excellent command of the English language; A minimum GMAT (Focus Edition) score of 515 or above (or a GRE score of 155 or above) will strengthen the application for the program', with the weak-file clause requiring the score 'before registering'. LANGUAGE NOT STATED 2026-09-07: the page names no language of instruction and no ECTS figure. NO outcome data of any kind is published — no employment rate, salary, class size, intake profile or ranking ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Tuition and fees list. 'Price per credit (US credits) is €380 for all MSc Programs'; the five MSc programmes (Marketing, Strategic HRM, Finance, Management, Shipping Management) share one line — 'Courses Cost: €11,400 and a Non-Refundable Deposit of Tuition fees (at registration): €1,100' — for '€12,500 payable in installments'. The deposit 'is payable when confirming your acceptance of an offer of a place. This is part of your tuition fee and will be deducted from the total amount upon enrollment.' Outside tuition: 'a one-off €60 non-refundable application fee' and 'An additional €50 fee is required for Graduation & Commencement'. Refunds: 'AGBS students who withdraw a course within ten working days of the beginning of each semester will be fully refunded for this course.' NO nationality split appears anywhere on this page ↗ — Alba Graduate Business School, The American College of Greece
- Alba — MSc in Management Program (Full time) 2026 - 2027, course and payment schedule (PDF, 3 pages, sha256:3b6b78a4acffdd5a, read with npm run pdf:text on 2026-09-07). FEE INTAKE CHECKED 2026-09-07 — the document labels its own cycle. 'Total US credits 30', 'Total Tuition Fees (Books are not indluded) 12,500.00€', 'Non-Refundable Deposit of Tuition Fees at Registration: 1,100.00€'. Every course carries its own US credits, contact hours and price at €380/credit: Fall 2026 (1st period) Managerial Economics 2, Accounting and Financial Management 2, UMG 0203 Managing People and Organizations 2, USK 0155 Business Writing Workshop 1, UDS 0170 Quantitative Methods for Business 1 — 'Tuition fees 1st payment (by August 30th, 2026): € 1,520.00', '2nd payment (by October 30th, 2026): € 1,520.00', 'Total fees for this period 3,040.00€'. Winter 2027 (2nd period) Business Analytics 2, UMK 0104 Marketing Management 2, Strategy Formulation & Implementation 4, Operations and Supply Chain Management 2 plus the chosen stream course — payments of € 2,280.00 by 30 December 2026 and 27 February 2027, 'Total fees for this period 4,560.00€'. Third period Sustainability Business Ethics & CSR 1, Digital Business Strategies 2, stream electives, and a 4-credit MSc Thesis, New Venture Project or UTR 0075 Career Development — payments of € 1,900.00 by 30 April 2027 and 1 June 2027, 'Total fees for this period 3,800.00€'. The three periods total €11,400, which with the €1,100 deposit is exactly €12,500. Footer: 'The School reserves the right to re-examine the structure of all Academic Programs and proceed to any necessary changes in the total year schedules' ↗ — Alba Graduate Business School, The American College of Greece
- Alba — MSc in Management Program (Part time) 2026 - 2028, course and payment schedule (PDF, 4 pages, sha256:8fdd7515d5cdcce1, read with npm run pdf:text on 2026-09-07). Same 'Total US credits 30' and same 'Total Tuition Fees (Books are not indluded) 12,500.00€' as the full-time route, spread over six periods and twelve dated payments: Fall 2026 €760 + €760, Winter 2027 €1,140 + €1,140, Spring 2027 €570 + €570, Fall 2027 €760 + €760, Winter 2028 €1,140 + €1,140, Spring 2028 from €1,330. FEE BASIS CHECKED 2026-09-07: the part-time route is a two-year total that equals the one-year full-time total, because it is the same 30 credits at the same €380 — not a per-year figure ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Information for Applicants 2026-2027, MSc programmes (PDF, 1 page, sha256:9119b812bf028217, read with npm run pdf:text on 2026-09-07). Documents: application form, 'A certified copy of their Bachelor's degree', official transcripts from every institution attended, 'Two letters of recommendation (Alba accepts recommendation letters, either in Greek or in English language)', 'A personal detailed CV in English language', 'A copy of the police ID (for Greek citizens), or passport (for International candidates)', and the €60 fee. ENGLISH EVIDENCE CHECKED 2026-09-07: 'Candidates are required to hold either the Proficiency (Cambridge or Michigan or Michigan State University (MSU)), or take the TOEFL (the minimum required score is 100), or IELTS (the minimum required score is 6.5), or the Duolingo English Test (the minimum required score is 125)'; and the exemption carries NO country condition — 'Candidates who have completed a bachelor's degree at a university or business school where the medium of instruction for all courses was English, are exempt from the requirement to provide proof of English language proficiency.' (The admission-requirements web page states the same exemption slightly wider, as 'Native English-speakers and graduates of under/graduate degrees taught exclusively in English'.) TEST: 'A GMAT (GMAT Focus Edition) score of 515 or higher, or a GRE score of 155 or above, is considered a strong asset', and 'Applicants with a less robust academic background may be conditionally admitted to their chosen Master's program, subject to the Academic Committee's evaluation. In such cases, the committee may require the submission of a GMAT score of 515 or higher (or a GRE score of 155 or above) prior to the beginning of the program.' PROCESS: 'All candidates will be asked to go through a personal online interview'; 'Applications submitted with missing documents will remain on hold and will not be processed until all required documents are received'; 'Admission to the program is determined by the Admissions Committee based on the applicant's qualifications, personality and demonstrated commitment'; 'Alba operates on a rolling admissions basis and accepts applications throughout the year'; 'Applications received after the program's start date will not be considered for the current intake but will be evaluated for the following year's intake.' Application fee mechanics: 'Upon submission of the online application, candidates will receive their unique banking ID and detailed instructions for completing the payment of the non-refundable application fee of €60 via email. The issuance of the banking ID typically requires 2-3 working days following the online application submission.' The three essays are named on the admission-requirements page ('Three Essays, as indicated in the application form'), not in this PDF. LANGUAGE NOT STATED: the document names no language of instruction ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Named Scholarships, filterable by programme (the filter list includes 'MSc in Management'). 'GMAT SCHOLARSHIPS — Scholarships of 40% for MBAs and MSc programs for GMAT ≥ 645. APPLICATION DEADLINE: Ongoing'. Also listed: 'ULYSSES KYRIAKOPOULOS ENDOWED SCHOLARSHIP — Partial scholarships for various MSc programs. APPLICATION DEADLINE: 31 May 2026' and 'ULYSSES KYRIAKOPOULOS EXPENDABLE SCHOLARSHIP — Partial scholarships, based on a combination of academic/professional excellence, high academic & professional potentials and presence of financial need', plus six further named awards (NielsenIQ, International Propeller Club Piraeus, Leventis Foundation, Seanergy, SEV, Triton, WISTA Hellas) none of which names the MSc in Management. STACKING CHECKED 2026-09-07: no page read states whether a named award may be held alongside the merit waiver, and this profile says so rather than assuming either way ↗ — Alba Graduate Business School, The American College of Greece
- Alba — International Students. Living costs: 'Monthly living cost for studying in Athens depends on students' life style. A rough estimation of average living cost in Athens is approximately 300-400 Euros per month (excluding accommodation).' Housing: 'Alba provides fully furnished, single or shared, apartments (with en-suite kitchen and bathroom) in walking distance from the School's campus. Accommodation is not included in the tuition fees however international students are eligible for discounted fixed rates per month including all bills' — no rate is published. Visa: 'For non-EU member candidates, a Student National Type D Visa (Category H.5) is required. Once registration is completed, the International Student Services Office (ISS) will contact students directly to begin the visa procedure.' The school then 'provides full guidance and assistance in issuing a twelve-month student residence permit for Greece' and 'covers both the residence permit commission fee and all legal expenses, including lawyer representation'. Funding, and note that it does NOT match the merit-scholarship PDF's ceiling: 'International students are eligible to partial scholarships up to 20% on tuition fees depending on the application excellence and the quality characteristics of the candidate. If the applicant provides a GMAT-focus edition score more than 645, then the scholarship on tuition fees will be 40%' — 'more than 645' against the named-scholarship page's '≥ 645'. 'We can pre-approve your scholarship before you apply for enrollment to an Alba program.' No post-study work rule for Greece is stated on this page ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Merit-based Scholarships, Office of Financial Assistance and Planning (PDF, 1 page, sha256:c247192355011372, read with npm run pdf:text on 2026-09-07). 'Merit Scholarships are awarded on the basis of: a. Academic performance b. Candidate's overall profile.' The published GPA table, columns 'UK | US | Greek AEI - GPA | Scholarship (% of Tuition)': '70+ first | 3.60+ | 8,01+ | 20%'; '66-69 (2:1 high) | 3.31-3.59 | 7,51-8,00 | 15%'; '61-65 (2:1) | 3.00-3.30 | 7,01-7,50 | 10%'. Then: 'Additional criteria including, but not limited to, work experience, advanced degrees, professional qualifications and interview performance, may increase the total tuition waiver up to 30%.' Condition: 'Students awarded a merit scholarship are required to maintain strong academic performance and comply with all College regulations, including the Student Conduct Code' ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Financial Assistance (need-based grants). The eligibility test that excludes almost every international reader: an applicant must 'Meet all requirements for admission to the Alba Graduate Business School', 'Demonstrate financial need', and 'File taxes in Greece and declare sufficient income to cover living expenses and part of the Alba tuition' — stated again as 'Only students that file taxes in Greece may apply for need-based financial assistance'. Scope: 'Financial assistance is given for tuition only and does not cover other fees.' No amount, percentage or deadline is published, and the page makes no statement about holding a need-based grant alongside a merit scholarship. Separately, Alba's Work Study page states that ACG 'employs students on a part-time basis to assist in the daily operations or ad hoc projects of the administrative and academic offices', that 'Student employees may work for up to 15 hours per week', that a minimum cumulative index of 2.30/4.00 must be maintained, and — the clause a non-EU applicant must read — that a non-EU student needs 'a copy of their current Residence Permit valid for employment' because 'A residence permit for studies or vocational training does not provide a right for employment' ↗ — Alba Graduate Business School, The American College of Greece
- Alba — Quality and Accreditations. ACCREDITATION CHECKED 2026-09-07, and the scope matters more than the list. NECHE: Alba is covered by the US institutional accreditation, which is 'authorized by the U.S. Department of Education (USDE) and the Council for Higher Education Accreditation (CHEA)'. AMBA: 'All Alba MBA programs are accredited by the Association of MBAs' — the MBAs only. EFMD Global: 'both the MSc in Finance and MSc in Strategic Human Resources programs were accredited', described as 'the only EFMD Accredited programs in Greece' — so NOT the MSc in Management. AACSB: membership since 2015, which is not accreditation and this profile does not present it as one. Also CFA Program Partner status for the MSc in Finance, PRMIA University Partner, and SHRM alignment for the MSc in Strategic HRM. The page states nothing about the language of instruction, about ECTS, or about recognition of the degree in Greece or the EU ↗ — Alba Graduate Business School, The American College of Greece
- The American College of Greece — Accreditation and Validation. The sentence that defines what the degree is, verbatim: 'AUG is accredited by NECHE, an accreditation that includes ACG's operations in Greece by means of an agreement between AUG and ACG covering all programs currently offered at ACG.' Dated reference: 'May 27, 2021 – Formal report from the NECHE accreditation'. Separately, and scoped to the undergraduate college rather than to Alba: 'The American College of Greece – Deree College is approved by The Open University as an appropriate organisation to offer higher education programmes leading to Open University validated awards.' SCOPE CHECKED 2026-09-07: the Open University validation is Deree's, not Alba's, and is not applied to this profile. The page states nothing about a Hellenic Ministry of Education licence or about professional-equivalence recognition of the degree in Greece ↗ — The American College of Greece
- Alba — International Office. The only published statement anywhere on Alba's site that converts its US credits into ECTS, and it is scoped to a term rather than to a degree: 'International graduate students from all over the world have the opportunity to collect 8-10 US credits (20-24 ECTS) per term and transfer the credits to their home institution.' On that ratio a 30-US-credit degree is roughly 72 ECTS, but Alba publishes no ECTS total for the MSc in Management, so this profile records none in its data and states the derivation in prose instead. Also: 'Through exchange programs, inbound graduate students from international business schools around the world have the opportunity to study at Alba', and 'Alba has established a steadily growing network of partners across the world' ↗ — Alba Graduate Business School, The American College of Greece
- Alba — MSc in International Business and Management. SCOPE CHECKED 2026-09-07, and recorded as a page rather than as a programme: this URL returns HTTP 200 but does NOT appear in Alba's own navigation, which lists exactly five Masters Programs (Management, Strategic HRM, Finance, Marketing, Shipping Management). It describes a degree with the same fee ('FEES € 12,500'), the same structure ('Full Time (12m) & Part Time (24m) / evening classes'), the same 'START DATE September 2026' and near-identical positioning prose to the MSc in Management, under a superseded name — and it carries a stale deadline the live page does not ('Rolling Admission | Upcoming Deadline: February 27, 2026'). It also publishes a timetable the live page does not: 'Weekday classes between 18:00 – 22:00, three times per week on average.' That timetable is NOT stated for the MSc in Management and is therefore not recorded as a fact of it here; the live page's own 'Part Time (24m) / evening classes' is ↗ — Alba Graduate Business School, The American College of Greece