MBA in Brazil

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MBA ( Accounting )

Course Level: Master's
Course Duration: 2 Years
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Federal University of Rio Grande

Rio de Janeiro , Brazil

MBA ( Accounting )

Course Level: Master's
Course Duration: 2 Years
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FIA Business School

Goiania , Brazil

MBA ( International Business
Administration )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Business Administration )

Course Level: Master's
Course Duration: 2 Years
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University of Fortaleza

Fortaleza , Brazil

MBA ( Marketing )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Accounting )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Economics )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Strategic Management )

Course Level: Master's
Course Duration: 2 Years
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Paulista University

Sao Paulo , Brazil

MBA ( Human Resources Management )

Course Level: Master's
Course Duration: 2 Years
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FUMEC University

Belo Horizonte , Brazil

MBA ( Strategic Management )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Accounting )

Course Level: Master's
Course Duration: 2 Years
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MBA ( Business Administration )

Course Level: Master's
Course Duration: 2 Years
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Positive University

Curitiba , Brazil

MBA ( Digital Marketing )

Course Level: Master's
Course Duration: 2 Years
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Anhembi Morumbi University

Sao Paulo , Brazil

MBA ( Supply Chain Management and
Logistics )

Course Level: Master's
Course Duration: 2 Years
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Ibirapuera University

Sao Paulo , Brazil

MBA ( Business Administration )

Course Level: Master's
Course Duration: 2 Years
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FUCAPE Business School

Floriano , Brazil

MBA ( Marketing and Sales Management )

Course Level: Master's
Course Duration: 2 Years
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Why Study MBA (Master of Business Administration) in Brazil

1. Growing Economy: Brazil has one of the largest and most diverse economies in Latin America. Studying for an MBA in Brazil allows you to gain insights into a dynamic and evolving market, providing you with a competitive edge in a country with significant economic potential.

2. Global Business Hub: Brazil is a key player in the global business arena. Studying here provides an opportunity to understand the nuances of conducting business in a diverse and emerging market, preparing you for international business challenges.

3. Cultural and Linguistic Experience: Immersing yourself in the Brazilian culture and learning Portuguese can be valuable, especially if you plan to work in Latin America or with Brazilian companies. Language skills and cultural awareness can enhance your global business acumen.

4. Networking Opportunities: An MBA program in Brazil provides a chance to build a strong professional network. You can connect with fellow students, faculty, and industry professionals, which can be beneficial for future collaborations and career opportunities.

5. Industry Specialization: Brazil has strengths in various industries, including agriculture, energy, finance, and technology. Depending on your career goals, you can choose an MBA program that aligns with your desired industry, gaining specialized knowledge and skills.

6. Entrepreneurial Environment: Brazil has a growing entrepreneurial ecosystem. If you aspire to start your own business or work in a startup environment, studying for an MBA in Brazil can expose you to the challenges and opportunities in the local entrepreneurial landscape.

7. Natural Resource Management: Brazil is rich in natural resources, and the country plays a significant role in industries such as agriculture, mining, and energy. An MBA with a focus on sustainability or resource management can be particularly relevant in this context.

8. Cultural Diversity in Business Practices: Brazil's business landscape is characterized by cultural diversity. Studying in the country allows you to understand and navigate diverse business practices, enhancing your ability to work in cross-cultural environments.

9. Government Initiatives: The Brazilian government has implemented various initiatives to promote education and research. Some MBA programs may benefit from these initiatives, providing additional resources and opportunities for students.

10. Quality Education Institutions: Brazil is home to several well-regarded universities and business schools that offer MBA programs with international standards. Pursuing your MBA in Brazil can provide you with a high-quality education and a globally recognized degree.


MBA (Master of Business Administration) specialization in Brazil

University/Business School

MBA Specialization

Course Duration

Fees (Annual in BRL)

Fundação Getulio Vargas (FGV)

General Management, Finance, Marketing, and others

1-2 years

50,000 - 120,000

Universidade de São Paulo (USP) - FEA

General Management, Marketing, Finance, and others

1-2 years

Free for local students; fees apply for international students

Insper

Strategic Business Management, Finance, and others

1-2 years

80,000 - 120,000

Escola de Administração de Empresas de São Paulo (EAESP)

General Management, Public Administration, and others

1-2 years

90,000 - 130,000

Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio)

General Management, Marketing, Finance, and others

1-2 years

40,000 - 90,000

Universidade Federal do Rio de Janeiro (UFRJ)

Executive MBA, General Management, and others

1-2 years

Free for local students; fees apply for international students

Universidade Federal de Minas Gerais (UFMG)

General Management, Innovation and Strategy, and others

1-2 years

Free for local students; fees apply for international students

Universidade Federal do Rio Grande do Sul (UFRGS)

General Management, International Business, and others

1-2 years

Free for local students; fees apply for international students

ESPM - Escola Superior de Propaganda e Marketing

Marketing, Business Management, Digital Business, and others

1-2 years

50,000 - 100,000

IBMEC

Finance, Corporate Management, Marketing, and others

1-2 years

40,000 - 80,000


Admission Intake for MBA (Master of Business Administration) in Brazil

  1. Main Intake

    • The primary admission intake for MBA programs in Brazil usually occurs once a year, often for the academic year starting in February or March.
    • The application period for this main intake typically takes place a few months before the beginning of the academic year, usually around October to December of the previous year.
  2. Secondary Intake

    • Some universities and business schools might offer a mid-year intake, usually starting in July or August.
    • This secondary intake is less common than the main intake and might not be available for all MBA programs.
  3. Rolling Admissions

    • Some business schools may have rolling admissions policies, where applications are accepted at various times throughout the year.
  4. International Students

    • International students often have to follow specific admission procedures, which may include GMAT/GRE scores, TOEFL/IELTS scores for English proficiency (if applicable), and other requirements. The intake periods for international students might be similar to those for Brazilian students, but it's important to check with the individual universities or business schools.


Top 10 Universities in Brazil for MBA (Master of Business Administration) 

University/Business School

MBA Specializations

QS World Ranking (2023 or nearest)

Fundação Getulio Vargas (FGV)

General Management, Finance, Marketing, and others

#361 (FGV EAESP)

Universidade de São Paulo (USP) - FEA

General Management, Marketing, Finance, and others

#121

Insper

Strategic Business Management, Finance, and others

Not specifically ranked in QS, but highly reputed in Brazil

Escola de Administração de Empresas de São Paulo (EAESP)

General Management, Public Administration, and others

#361 (FGV EAESP)

Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio)

General Management, Marketing, Finance, and others

#501-510

Universidade Federal do Rio de Janeiro (UFRJ)

Executive MBA, General Management, and others

#477

Universidade Federal de Minas Gerais (UFMG)

General Management, Innovation and Strategy, and others

#601-650

Universidade Federal do Rio Grande do Sul (UFRGS)

General Management, International Business, and others

#801-1000

ESPM - Escola Superior de Propaganda e Marketing

Marketing, Business Management, Digital Business, and others

Not specifically ranked in QS, but well-regarded in Brazil

IBMEC

Finance, Corporate Management, Marketing, and others

Not specifically ranked in QS, but well-regarded in Brazil


Cost of Studying MBA (Master of Business Administration) in Brazil 

Expense Category

Cost (in Brazilian Reais - BRL)

Notes

Tuition Fees (Private Universities/Business Schools)

40,000 - 120,000 BRL/year

Fees vary significantly among institutions.

Accommodation

800 - 2,500 BRL/month

Costs vary based on the city and type of accommodation.

Food

400 - 800 BRL/month

University canteens or cooking at home can be economical.

Transport

150 - 300 BRL/month

Public transportation costs; varies by city. Student discounts may be available.

Personal Expenses

200 - 500 BRL/month

Includes leisure, clothes, and other personal expenses.

Books and Supplies

500 - 1,000 BRL/year

Depends on the course requirements.

Total Estimated Monthly Cost (Excluding Tuition for Private Universities/Business Schools): Approximately 1,550 - 4,100 BRL per month.


Eligibility for doing MBA (Master of Business Administration) in Brazil

1. Educational Background: A bachelor's degree or its equivalent from a recognized institution is typically a primary requirement. The degree should be in a relevant field, but some programs may accept students from diverse academic backgrounds.

2. Work Experience: Many MBA programs in Brazil prefer candidates with some level of work experience. The required work experience can vary but is often in the range of 2 to 5 years. Some programs, especially executive MBA programs, may specifically target candidates with significant managerial experience.

3. GMAT/GRE Scores: Some MBA programs may require applicants to submit scores from standardized tests such as the Graduate Management Admission Test (GMAT) or the Graduate Record Examination (GRE). The specific score requirements can vary between institutions.

4. Language Proficiency: Proficiency in Portuguese may be required if the MBA program is taught in Portuguese. Some programs may also offer courses in English, in which case proficiency in English may be required instead.

5. Letters of Recommendation: Applicants may need to submit letters of recommendation from professional or academic references who can speak to their qualifications and potential for success in an MBA program.

6. Statement of Purpose (SOP): A statement of purpose outlining your career goals, reasons for pursuing an MBA, and how the program aligns with your aspirations may be required.

7. Resume/CV: A detailed resume or curriculum vitae (CV) that highlights your academic and professional achievements, as well as any leadership roles or relevant experiences.

8. Interview: Some MBA programs conduct interviews as part of the admissions process. This may be an opportunity for the admissions committee to assess your suitability for the program.

9. Application Fee: Most universities and business schools require payment of an application fee. The amount can vary, and some institutions may offer fee waivers or reductions in certain cases.

10. Additional Requirements: Depending on the program, there may be additional requirements, such as a personal interview, essays, or specific tests related to business knowledge.


Documents Required for MBA (Master of Business Administration) in Brazil

1. Completed Application Form: Fill out the official application form provided by the university or business school. Online application forms are common.

2. Bachelor's Degree Certificate: Provide a copy of your bachelor's degree certificate or its equivalent from a recognized institution. Some programs may require official transcripts.

3. Transcripts: Official transcripts of your academic records, including details of courses completed and grades obtained during your undergraduate studies.

4. Work Experience Certificate: If work experience is a requirement, provide letters or certificates from employers verifying your professional experience. Some programs may specify a minimum number of years of work experience.

5. GMAT/GRE Scores: If the program requires GMAT or GRE scores, submit official score reports. Check the specific score requirements of the program you are applying to.

6. Language Proficiency Test Scores: If the program is taught in Portuguese, provide proof of proficiency in Portuguese. If it's in English, submit scores from English proficiency tests like TOEFL or IELTS.

7. Letters of Recommendation: Submit letters of recommendation from professional or academic references who can speak to your qualifications and potential for success in an MBA program.

8. Statement of Purpose (SOP): Write a statement of purpose that outlines your career goals, reasons for pursuing an MBA, and how the program aligns with your aspirations.

9. Resume/CV: A detailed resume or curriculum vitae highlighting your academic and professional achievements, work experience, and any leadership roles or relevant experiences.

10. Interview: Some MBA programs may require an interview as part of the admissions process. Prepare for questions about your background, goals, and why you are interested in the program.

11. Passport-Sized Photos: Provide passport-sized photographs for administrative purposes. Check the specific size and quantity required by the institution.

12. Application Fee: Pay the application fee, which is typically required for processing your application. Check the amount and payment methods specified by the university.

13. Financial Documents: Provide proof of financial means to support your studies and living expenses. This may include bank statements or a letter of financial support.

14. Visa Documentation: If you are an international student, you will need to comply with visa requirements. This may include a valid passport, proof of enrollment, and other documents.


Scholarships for MBA (Master of Business Administration) in Brazil

1. Brazilian Government Scholarships: Government organizations like CAPES (Coordination for the Improvement of Higher Education Personnel) and CNPq (National Council for Scientific and Technological Development) may offer scholarships for graduate studies, including MBA programs.

2. University Scholarships: Many universities and business schools in Brazil offer their own scholarship programs. These may be merit-based, need-based, or targeted at students with specific qualifications. Check with the financial aid or scholarship office of the institution you're interested in.

3. Private Foundations and Organizations: Explore scholarships provided by private foundations, NGOs, and corporate organizations. Some companies may have scholarship programs for students pursuing business-related degrees.

4. International Scholarships: Organizations that support international students may offer scholarships for MBA programs in Brazil. Examples include the Fulbright Program, DAAD (German Academic Exchange Service), and other international scholarship providers.

5. Industry-Specific Scholarships: Some industries or professional associations may offer scholarships for individuals pursuing an MBA in a related field. Research industry-specific organizations or associations that align with your career goals.

6. Employer Sponsorship: If you are already working, check with your employer to see if they offer any tuition assistance or sponsorship programs for employees pursuing advanced degrees.

7. Online Scholarship Databases: Utilize online scholarship databases and platforms that aggregate scholarship opportunities. Websites like EduBrazil, Scholarshipportal, or specific university scholarship databases can be valuable resources.

8. Networking and Alumni Connections: Connect with alumni of the MBA program you are interested in and inquire about scholarship opportunities. Alumni networks may have information on scholarships or financial aid available to students.

9. Embassies and Consulates: Contact the Brazilian embassy or consulate in your home country. They may have information on scholarship programs available for international students.

10. Corporate Sponsorship: Some corporations in Brazil may offer sponsorship or scholarship opportunities for MBA students, especially if your studies align with the company's industry or interests.

11. Research Grants: Explore research grants or funding opportunities provided by research institutions or organizations. This can be particularly relevant if your MBA program involves significant research components.


Jobs and Salary after MBA (Master of Business Administration) in Brazil

1. General Management/Executive Roles: MBA graduates often qualify for general management or executive positions. These roles can include Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Operating Officer (COO), or other executive leadership roles.

2. Consulting: Management consulting firms actively seek MBA graduates for positions that involve advising organizations on various business issues. This can include strategy consulting, operations consulting, and financial consulting.

3. Finance and Banking: MBA graduates with a finance specialization may find opportunities in investment banking, corporate finance, financial analysis, or risk management. Salaries in the finance sector can be competitive.

4. Marketing and Sales: MBA graduates with a focus on marketing and sales can pursue roles such as marketing manager, product manager, or sales director. These roles often involve strategic planning and market analysis.

5. Entrepreneurship: Some MBA graduates choose to start their own businesses or work in startups. Entrepreneurial ventures can be rewarding but may involve more uncertainty in terms of income.

6. Human Resources Management: HR roles, such as HR manager or talent acquisition specialist, are open to MBA graduates with a focus on human resources. These roles involve managing the workforce and implementing HR strategies.

7. Supply Chain and Operations: Graduates with a focus on operations management or supply chain management may find opportunities in roles such as operations manager, supply chain analyst, or logistics manager.

8. Healthcare Management: With a healthcare management specialization, MBA graduates can work in healthcare administration, hospital management, or pharmaceutical management.

9. Technology Management: MBA graduates with expertise in technology management may find roles in IT consulting, project management, or technology strategy.

10. International Business: With Brazil's growing role in the global economy, MBA graduates with an international business focus can pursue roles in international trade, global marketing, or international business development.

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