FT Rank #30

International MSc in Management

Católica Lisbon School of Business and Economics
Lisbon, Portugal
Compare every MiM in Lisbon
Fees
€16,900 total for the standard three-semester programme, inclusive of the €700 + €450 annual registration fees and €10,500 + €5,250 in tuition; €19,500 for the four-semester track with an exchange semester. The €120 admission fee sits outside both totals, and scholarships apply only to the tuition components
Duration
3 semesters (4 with an exchange semester)
Employment
95%
3 months out
Salary
$101k
FT 2025 · ~3 yrs out
Language
English

Facts verified against official sources · last checked September 2026 · see sources

Key facts

The International MSc in Management at Católica Lisbon School of Business and Economics runs 3 semesters (4 with an exchange semester) in Lisbon, Portugal, with tuition of €16,900 total for the standard three-semester programme, inclusive of the €700 + €450 annual registration fees and €10,500 + €5,250 in tuition; €19,500 for the four-semester track with an exchange semester. The €120 admission fee sits outside both totals, and scholarships apply only to the tuition components. It ranks #30 in the Financial Times Masters in Management 2025 table. A GMAT or GRE is required.

Location
Lisbon, Portugal
Length
3 semesters (4 with an exchange semester)
Tuition
€16,900 total for the standard three-semester programme, inclusive of the €700 + €450 annual registration fees and €10,500 + €5,250 in tuition; €19,500 for the four-semester track with an exchange semester. The €120 admission fee sits outside both totals, and scholarships apply only to the tuition components
FT rank (2025)
#30
Test policy
GMAT/GRE required
Taught in
English
Salary (FT 2025, ~3 yrs out)
$101k
Employment (3 months out)
95%

Católica Lisbon School of Business and Economics placed 30th worldwide in the Financial Times Masters in Management 2025 ranking, with a weighted three-year salary of approximately US $101,000 and a 95% employment rate at three months.⁴ Founded in 1972 as part of the Universidade Católica Portuguesa, it became the first Portuguese school — and one of very few in Southern Europe — to earn triple-crown accreditation from AACSB, EQUIS, and AMBA simultaneously.³

Overview

The International MSc in Management is a three-semester, fully English-taught programme delivered from Católica Lisbon’s campus in the heart of Lisbon.¹ It is designed for early-career graduates and professionals with limited work experience who are looking for an internationally recognised management credential — typically candidates aged 21 to 26 from more than 60 nationalities represented across the school’s master programmes.¹

The programme sits within a school with a clear international orientation: its faculty are research-active in global journals, its recruiter network spans continental Europe, North America, and beyond, and its location in Lisbon places students in one of Europe’s fastest-growing business and technology hubs. For a broader look at whether a MiM is the right credential for you, see our guide on whether a MiM is worth it in 2026.

Curriculum & Structure

The standard programme runs over three semesters, opening with a core management curriculum that covers strategy, finance, marketing, organisational behaviour, and quantitative methods.¹ The structure is designed to build a rigorous generalist foundation before allowing students to develop depth through elective courses and a final project or dissertation.¹

A four-semester option is available for students who wish to include a full exchange semester at one of Católica Lisbon’s international partner universities.² This track costs €19,500 compared to €16,900 for the standard track, and is well suited to students who want structured international exposure built into their degree rather than sourcing an exchange independently.² The four-semester variant is particularly relevant for students targeting roles in international firms or considering careers outside Portugal, and it mirrors the structure common at other high-ranked European MiM programmes. For a closer look at how to build the kind of profile that gets admitted to top MiM programmes, see our piece on how to build a MiM profile.

Application & Deadlines

Católica Lisbon admits to the International MSc in Management for a single September intake and reviews applications in rounds, announcing results by email roughly two weeks after each round closes.⁹ A file that is neither admitted nor rejected is waitlisted and carried into the next round rather than turned down, which is worth knowing before you read a non-answer as a rejection.⁹ Read on 5 September 2026, the admissions page states that applications for the 2026 intake are closed and publishes no dates for the following cycle, so the 2027/28 rounds are not yet available.⁹

Three published rules shape when you should actually apply.⁹ Double-degree applications close at the end of February, whatever the final round date — so the partner routes priced in the fees section below are off the table for a late applicant. The Católica TOP+ scholarship must be requested inside the application form; there is no separate application and none is accepted afterwards, and the funds are allocated on a rolling basis.² And you may name three MSc programmes in order of preference on one application, which makes the ordering decision a real one rather than a formality — a point our guide to how MiM scholarships work in Europe makes at several other schools, where ranking a programme second can quietly forfeit its funding.

The document list is unusually short, and Católica is explicit about what is not required.⁹ The mandatory documents are a CV in English — which the school calls “the most valued document” in what it describes as a qualitative evaluation process, weighting professional experience, international experience and extracurriculars — and a transcript of records with courses, grades and ECTS, for which a screenshot of a student portal is accepted where an official transcript is not available. The GMAT is not mandatory (for the Finance programmes a 650 GMAT or 595 GMAT Focus is “valued”), an English certificate is not mandatory, and a motivation letter is required only for double-degree applications, one per partner school. Recommendation letters are optional. The stated candidate profile is ages 21 to 26 with under three years of work experience, internships counted.⁹

Tuition & Funding

The standard three-semester programme totals €16,900 and the four-semester exchange track totals €19,500.² Those are among the most competitive prices in the FT top 30, and Lisbon’s cost of living is substantially lower than Amsterdam, London or Paris, which matters when you compare total cost of attendance rather than tuition alone.

**Read the breakdown rather than the total, because Católica prices this degree in four lines and two of them are not tuition.**² Year one is a €700 annual registration fee plus €10,500 in tuition, paid in ten instalments from September to June after deducting whatever you paid at enrolment. Year two is a €450 registration fee, due in July before the year starts, plus €5,250 for the dissertation semester, paid in five instalments from September to January. The four-semester track inserts a €2,600 exchange-semester fee between them. So the €16,900 headline already includes €1,150 of registration fees — unusual, and in the reader’s favour, since at most European schools a quoted tuition figure excludes them. What it does not include is the €120 admission fee, which is non-refundable and which Católica states your application “will only be considered once” it has been received.⁹

The rule that decides what a scholarship is actually worth here is one line under the fee table. “Scholarships apply only to Tuition Fees marked with *” — the €10,500 and the €5,250, or €15,750 of the €16,900.² The registration fees and the exchange-semester fee are payable whatever you are awarded. The award itself is the Católica TOP+, a merit scholarship covering 10–90% of those tuition lines, explicitly not covering exchange semesters or double degrees.² Two procedural rules attach to it and both are easy to lose a scholarship to: it “is only available through your Master’s Application”, so there is no separate form and none is accepted after you submit; and Católica states plainly that awards are made “on a rolling basis, meaning funds may be allocated before the end of the Application Rounds”.² That is a school putting the early-round argument in writing — which, as our guide to how MiM scholarships work in Europe sets out, is not something every school agrees with.

A correction, and how it happened. This profile previously said that Católica “no longer publishes a standard-track price at all”, recorded on 29 and 30 August 2026 across four routes and repeated on five of our pages. Re-read on 5 September 2026, the three of those routes that are programme fee pages all publish the full regular-programme table: the English fees page, its Portuguese-language twin (“Custo Total do Programa - 16,900 EUR”) and the sibling International MSc in Finance, which prices its own standard track at €20,700.² ⁷ ⁸ We cannot tell from outside whether the page changed back or the earlier reading was wrong, and we are not going to guess — what we can say is that the figures were never wrong, only the claim that the school had withdrawn them, and that claim is now removed everywhere it appeared. One detail the earlier reading did get backwards is worth naming, because it is the kind of thing that misleads by a whole cycle: the caveat “Based on the prices for the 2025 Intake, which may be subject to change” appears under each double-degree table and under neither regular-programme table.²

The double-degree ladder is published alongside, and it is a useful reference in its own right. The standard partner routes — Antai College of Economics and Management €22,008 (including a €108 registration fee at Antai), Aston Business School, BI Norwegian Business School, FGV EBAPE and Kozminski University at €21,900 each — run on €700 + €10,375 in year one and €450 + €10,375 in year two.² WU Vienna is €21,924.70, the difference being €24.70 of Students’ Union costs, and Smith School of Business is €23,042, adding €804 of academic materials and €338 of health insurance.² Only three routes carry a separate €5,500 double-degree programme cost: WHU – Otto Beisheim €27,400, Bocconi €27,765 (plus a €365 Bocconi graduation fee) and ESCP €30,310, which additionally charges its own €970 annual registration fee twice — and a third time if you have not completed ESCP’s 36-week internship requirement within the two years.² All the double-degree tables are labelled 2025-intake prices, and Católica notes that host-university fees move with annual updates and exchange rates.²

Career Outcomes

The Financial Times 2025 ranking reports a weighted three-year salary of approximately US $101,000 and a 95% employment rate at three months for Católica Lisbon MiM graduates.⁴ These are the FT’s standardised cross-school metrics, calculated on salaries reported three years after graduation. Católica Lisbon does not publish its own salary figure, so the FT figure is the primary benchmark available. The school separately reports a 99% employment rate within six months of graduation.³

The recruiter list is notably strong for a programme of this price point. Officially published employers include McKinsey & Company, Boston Consulting Group, and Bain & Company in consulting; Goldman Sachs and J.P. Morgan in investment banking; Deloitte, EY, KPMG, and PwC across professional services; and Google, Microsoft, Amazon, L’Oréal, Nestlé, and P&G in technology and consumer goods.⁵ No industry percentage breakdown is officially published by the school. For an honest look at MiM earnings trajectories and how they compare to MBA outcomes, see our piece on MiM vs MBA.

Campus & Reputation

Católica Lisbon’s campus is located in central Lisbon, Portugal’s capital and a city that has become a significant European hub for technology, finance, and entrepreneurship over the past decade. The school’s triple-crown status — holding AACSB, EQUIS, and AMBA simultaneously — is a credential recognised by graduate recruiters and partner schools globally, and its position as the first Portuguese school to achieve this distinction reflects the sustained investment in research quality and programme standards since its founding in 1972.¹ ³

The FT #30 rank places Católica Lisbon firmly in the European top tier, ahead of several well-known schools in larger markets, and its combination of ranking, triple-crown accreditation, low tuition, and Lisbon location makes it one of the more compelling value propositions in the current FT table. For practical tips on converting a strong academic profile into MiM offers, see our guide on career tips for MiM graduates.

Frequently asked questions

How much does the Católica Lisbon International MSc in Management cost?
The standard three-semester programme totals €16,900 and the four-semester track with an exchange semester totals €19,500, both read off Católica's own fees page on 5 September 2026 in English and Portuguese. The €16,900 breaks down as a €700 annual registration fee plus €10,500 tuition in year one, then €450 registration plus €5,250 for the dissertation semester — so the total already includes the registration fees. The €120 admission fee is separate and non-refundable, and your application is not considered until it is paid. One rule changes what a scholarship is worth: Católica states that scholarships apply only to the tuition lines, which are €15,750 of the €16,900, so registration and the €2,600 exchange-semester fee are payable whatever you are awarded.
Where does Católica Lisbon rank for the Master in Management?
Católica Lisbon placed 30th worldwide in the Financial Times Masters in Management 2025, with a weighted three-year salary of approximately US $101,000 and a 95% employment rate at three months. It is the highest-ranked Portuguese business school on the FT table.
When is the Católica Lisbon MiM application deadline?
Católica Lisbon admits for a single September start and reviews applications in rounds, with results emailed roughly two weeks after each round closes and waitlisted files carried into the next one. Read on 5 September 2026, the admissions page says applications for the 2026 intake are closed and publishes no dates for the next cycle, so the 2027/28 rounds are not yet published. Two published rules make an early application worth more than the usual advice implies: double-degree applications close at the end of February whatever the final round date, and the Católica TOP+ scholarship is awarded on a rolling basis, with the school stating that funds may be allocated before the last round closes.
What salary can Católica Lisbon MiM graduates expect?
The Financial Times 2025 ranking reports a weighted three-year salary of approximately US $101,000 — a standardised metric comparing salaries three years after graduation across all ranked schools. Católica Lisbon does not separately publish its own salary figure, so the FT figure is the primary benchmark available.
What careers do Católica Lisbon graduates pursue?
Católica Lisbon reports a 95% employment rate at three months and 99% employed within six months. Officially published recruiters include McKinsey & Company, Boston Consulting Group, Bain & Company, Goldman Sachs, J.P. Morgan, Deloitte, EY, KPMG, PwC, Google, Microsoft, Amazon, L'Oréal, Nestlé, and P&G. No industry percentage breakdown is officially published by the school.

Sources

  1. Católica Lisbon — International MSc in Management overview clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Jun 2026)
  2. Católica Lisbon — Fees & scholarships. RE-READ 2026-09-05 and the page DOES publish the standard-track table, contrary to this profile's 2026-08-29/30 reading: 'International MSc in Management - Regular Program Fees (3-Semester Option)' — Year 1 'Annual Registration Fee - 700 EUR' and 'Tuition Fees - 10,500 EUR*'; Year 2 'Annual Registration Fee - 450 EUR' and 'Tuition Fees Dissertation Semester - 5,250 EUR*'; 'Total Program Costs - 16,900 EUR'. The 4-Semester Option adds 'Exchange Semester Fee - 2,600 EUR' for 'Total Program Costs - 19,500 EUR'. Year-1 tuition is paid 'in 10 installments (from September to June) after deducting the amounts paid during the enrollment process'; the Year-2 registration fee 'is due for payment in July after Year 1'; the dissertation-semester tuition is paid in five instalments September-January. 'Scholarships apply only to Tuition Fees marked with *.' NOTE the scope of the 2025-intake caveat: 'Based on the prices for the 2025 Intake, which may be subject to change' appears under each DOUBLE-DEGREE table and under NEITHER regular-programme table. Double-degree totals read the same day: Antai College EUR 22,008 (including 'Registration Fees at Antai - 108 EUR'), Aston / BI Norwegian / FGV EBAPE / Kozminski EUR 21,900 each, WU Vienna EUR 21,924.70 ('Student's Union costs at WU - 24.70 EUR'), Smith EUR 23,042 ('Academic Material Costs at Smith - 804 EUR', 'Health Insurance Fees at Smith - 338 EUR'), WHU EUR 27,400, Bocconi EUR 27,765 and ESCP EUR 30,310. Only WHU, Bocconi and ESCP carry a 'Double Degree Program Cost - 5,500 EUR' line. Scholarships: 'The Católica TOP+ scholarship is a merit-based award … which can cover between 10-90% of your Tuition Fees (Exchange Semesters and Double Degrees are not covered by the Scholarship)'; 'This scholarship is only available through your Master's Application, which means that scholarship applications will not be accepted after the submission of the application'; 'scholarships are awarded on a rolling basis, meaning funds may be allocated before the end of the Application Rounds') clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Sept 2026)
  3. Católica Lisbon — Careers & Corporate Relations Office clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Jun 2026)
  4. Católica Lisbon — Rankings & credentials clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Jun 2026)
  5. Católica Lisbon — History clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Jun 2026)
  6. Financial Times — Masters in Management 2025 rankings.ft.com ↗ — Financial Times (retrieved Jun 2026)
  7. Católica Lisbon — Propinas e Bolsas de Estudo, the Portuguese-language twin of the fees page. RE-READ 2026-09-05: it carries the standard-track table too — 'Regular (3 Semestres)', 'Taxa Anual de Inscrição - 700 EUR', 'Propinas - 10,500 EUR*', 'Taxa Anual de Inscrição - 450 EUR', 'Propinas Semestre de Dissertação - 5,250 EUR*', 'Custo Total do Programa - 16,900 EUR', and the four-semester option at 19,500 EUR with a 'Taxa Semestre de Intercâmbio - 2,600 EUR'. The 2026-08-30 reading of this same URL, which recorded double-degree tables only, does not reproduce clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Sept 2026)
  8. Católica Lisbon — International MSc in Finance, fees & scholarships, read as the cross-check on whether the omission was school-wide. RE-READ 2026-09-05: the sibling MSc publishes its standard-track table as well — 'Annual Registration Fee - 700 EUR', 'Tuition Fees - 13,033 EUR*', 'Annual Registration Fee - 450 EUR', 'Tuition Fees Dissertation Semester - 6,517 EUR*', 'Total Program Costs - 20,700 EUR', with a four-semester option at 23,300 EUR. So the school-wide omission recorded on 2026-08-30 does not reproduce on any of the three pages it was read across clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Sept 2026)
  9. Católica Lisbon — International MSc in Management, admission requirements. RE-READ 2026-09-05: 'your application will only be considered once the non-refundable admission fee of €120 has been received'; 'Applications for the 2026 Intake are closed' with no dates published for the next cycle; 'Please note that the Double Degree applications are only available until the end of February'; candidates 'can apply to 3 MSc Programs by order of preference'; 'To apply for the CATÓLICA TOP + Scholarship, candidates must do so within the application form. This is the only way to apply for the scholarship'; results 'approximately 2 weeks after the end of each Application Round' with waitlisted files carried to the next round; 'The GMAT is not a mandatory document for the application' (a 650 GMAT / 595 GMAT Focus is 'valued' for the Finance programmes); 'It is not mandatory to upload an English Certificate'; motivation letters 'are only mandatory for Double Degree Applications', one per partner school; candidate profile stated as ages 21-26 with under three years of work experience, internships counting clsbe.lisboa.ucp.pt ↗ — Católica Lisbon School of Business and Economics (retrieved Sept 2026)

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