Nova School of Business and Economics MiM Fees 2026 — Tuition & Total Cost

Nova publishes its 2026/27 fees as a base tuition plus a per-track add-on, and the base differs by nationality: the regular 1.5-year track is €11,900 for EU/EEA students and €13,000 for everyone else. On top of that sit an optional €249 donation (which Nova includes in its own published totals, giving €12,149 and €13,249), a mandatory non-refundable enrolment fee of €1,250 for EU/EEA and €2,350 for non-EU/EEA students — deducted from tuition rather than added to it — and small fixed charges of €36.50 in administrative costs, €50 for the master's certificate and €120 for the diploma. Adding an exchange semester costs €3,000; the double degree €4,100 (€1,100 on the Maastricht route); the CEMS MIM year €8,750, the most expensive add-on and the one that takes the programme to two years. Read off Nova's own fees page on 30 August 2026.

Tuition for the Nova School of Business and Economics Master in Management is €11,900 (EU/EEA) / €13,000 (non-EU/EEA) regular track — 2026/27, the latest published for the 18 months program.

Total tuition	€11,900 (EU/EEA) / €13,000 (non-EU/EEA) regular track — 2026/27, the latest published
Tuition (numeric)	€11,900
Program length	18 months
Median tuition (73 euro-priced MiMs we track)	€23,870

On tuition, the Nova School of Business and Economics MiM ranks #24 of 73 euro-priced MiMs we track — at or below the €23,870 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 is the Nova SBE IMM different from Nova's other Master in Management?

Nova SBE offers two distinct degrees that are easy to confuse. The International Master's in Management (IMM) is the English-taught, internationally oriented programme covered on this page — it is the degree that appears in the Financial Times MiM ranking. Nova also runs a separate Portuguese-language Master in Management aimed at the local market, with a different cohort, calendar, and career outcomes. Applicants from outside Portugal almost always want the IMM.

How much does the Nova SBE IMM cost?

For 2026/27 the base IMM tuition across the standard three semesters is €11,900 for EU/EEA students and €13,000 for everyone else — among the lowest of any top-10 European MiM, though St Gallen and Stockholm School of Economics (free for EU/EEA students) sit lower still. Nova's own published totals add an optional €249 donation, and a mandatory enrolment fee of €1,250 (EU/EEA) or €2,350 (non-EU/EEA) is deducted from tuition rather than added to it. Students who add the CEMS year (€8,750), a double degree (€4,100) or an exchange semester (€3,000) pay that on top. Living costs in the Lisbon area are typically €10,000–€14,000 per year, depending on accommodation. Nova offers a portfolio of merit and need-based scholarships.

What jobs do Nova SBE IMM graduates get?

Consulting (around a third of the cohort) and finance are the largest sectors, followed by technology, consumer goods, and marketing. Top recruiters include PwC, Deloitte, BCG, Microsoft, Accenture, Amazon, EY, KPMG, McKinsey, L'Oréal, Google, and Unilever. Around 50% of graduates take their first role abroad, and roughly 84% pursue careers with international scope.

Sources

Nova SBE — International Master's in Management overview ↗ — Nova SBE
Nova SBE IMM — Program structure ↗ — Nova SBE
Nova SBE IMM — Fees (regular track €11,900 EU/EEA and €13,000 non-EU/EEA, plus the optional €249 donation; enrolment fee €1,250/€2,350 deducted from tuition; administrative costs €36.50, certificate €50, diploma €120; exchange +€3,000, double degree +€4,100, CEMS MIM +€8,750). INTAKE LABEL CHECKED, re-read at source 2026-09-03: Nova heads the schedule "Applicable for the 2026/2027 academic year" and adds that all fees are "subject to periodic review and may be adjusted as deemed necessary". No 2027/28 schedule is published, so this is the latest Nova publishes and it prices the year before the 2027 intake this profile's rounds admit to. Every figure is unchanged from the 2026-08-30 reading ↗ — Nova SBE
Nova SBE — Masters admissions process ↗ — Nova SBE
Financial Times — Masters in Management 2025 ↗ — Financial Times
QS Business Masters Rankings: Management 2026 ↗ — QS Quacquarelli Symonds
CEMS Global Alliance — Nova School of Business and Economics ↗ — CEMS

Frequently asked questions

Sources

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