FT Rank #58

MSc in International Business

ZHAW School of Management and Law
Winterthur, Switzerland
Fees
CHF 720 per semester Swiss-domiciled (≈CHF 2,160); +CHF 500/semester for students domiciled abroad (≈CHF 3,660)
Duration
15 months
Employment
100%
Median Salary
$102k
Language
English

The ZHAW School of Management and Law has its MSc in International Business ranked 58th worldwide in the Financial Times Masters in Management 2025.² Taught in English over three semesters in Winterthur, near Zurich, it reports a 100% employment rate at three months and an FT weighted three-year salary of about US$102,164 — the highest in this Tier-5 group.¹ ⁵

Overview

ZHAW (Zurich University of Applied Sciences) is a public institution, and its School of Management and Law completed triple-crown accreditation — AACSB, EQUIS and AMBA — in 2025.³ The FT-ranked degree is specifically the MSc in International Business, not a generic management master’s.² For a wider view of whether the credential fits your goals, see our guide on whether a MiM is worth it in 2026.

Curriculum & Structure

The programme runs over three semesters — two taught semesters plus a thesis — entirely in English, with double-degree options at international partner schools.¹ The cohort is small and international: students are around 26 on average, roughly 56% from outside Switzerland, spanning about 20 nationalities.

Application & Deadlines

The MSc in International Business admits once a year for a mid-September start, with a single application deadline — the 2026 intake closed on 15 June.⁴ No GMAT is required; admission uses a relevant bachelor’s degree, an assessment of cognitive competencies and motivation, and C1-level English. See how to build a MiM profile.

Tuition & Funding

As a public university of applied sciences, ZHAW charges about CHF 720 per semester for Swiss-domiciled students — roughly CHF 2,160 over the programme — with a CHF 500 per-semester surcharge for students domiciled abroad (about CHF 3,660 total).⁴ Even at the international rate the fee is inexpensive by global standards.

Career Outcomes

The Financial Times 2025 weighted three-year salary is about US$102,164, the highest in this tier, with a 100% employment rate at three months.⁵ ZHAW cites FT-derived figures rather than publishing its own absolute salary, so the FT number is the cross-school benchmark. For early-career context, see our career learnings from a MiM.

Campus & Reputation

Winterthur sits within the greater Zurich economic area, Switzerland’s financial and corporate heartland, and ZHAW’s applied focus, triple-crown standing and top-of-tier salary outcomes make the MSc in International Business a strong, low-fee route into Swiss and international business careers.³ For how a MiM compares with an MBA, see our piece on MiM versus MBA.

Frequently asked questions

Where does ZHAW rank for the Master in Management?
ZHAW's MSc in International Business placed 58th worldwide in the Financial Times Masters in Management 2025, with a 100% employment rate at three months and a weighted three-year salary of about US$102,164 — the highest in its tier.
How much does ZHAW's MSc in International Business cost?
As a public university of applied sciences, ZHAW charges about CHF 720 a semester for Swiss-domiciled students (around CHF 2,160 total), with a CHF 500 per-semester surcharge for students domiciled abroad (about CHF 3,660).
Do you need the GMAT for ZHAW?
No. Admission is based on a relevant bachelor's degree, an assessment of cognitive competencies and motivation, and C1-level English. No GMAT is required and no class-average is published.
Is ZHAW triple-crown accredited?
Yes. The ZHAW School of Management and Law holds AACSB, EQUIS and AMBA accreditation, completing the triple crown in 2025.
Which ZHAW programme does the FT rank?
The FT ranks ZHAW's MSc in International Business, taught in English at the School of Management and Law in Winterthur — not a generic management master's.

Sources

  1. MSc in International Business — official programme page zhaw.ch ↗ — ZHAW School of Management and Law (retrieved Jun 2026)
  2. ZHAW MSc in International Business recognised again in FT ranking 2025 zhaw.ch ↗ — ZHAW Zurich University of Applied Sciences (retrieved Jun 2026)
  3. ZHAW School of Management and Law — quality and accreditations zhaw.ch ↗ — ZHAW School of Management and Law (retrieved Jun 2026)
  4. ZHAW master's degree programmes — fees zhaw.ch ↗ — ZHAW School of Management and Law (retrieved Jun 2026)
  5. Financial Times — Masters in Management 2025 rankings.ft.com ↗ — Financial Times (retrieved Jun 2026)