Nova School of Business and Economics MiM Fees 2026

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.

The base IMM tuition is €11,650 across the standard three semesters — by some distance the lowest of any top-10 European MiM. Students who add the CEMS year or a double-degree track pay an incremental fee for the additional semester. 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.

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.