Cost of Living for MBA in Denmark

The cost of living in Denmark to study MBA programs comprises books & supplies, accommodation, groceries, food, transportation, and other miscellaneous expenditures. Based on your living standard, the average cost of living for a single person studying MBA in Denmark may range between €1,500 and €2,000 per month.

The overall living expenses in Denmark for non-EU MBA students have been discussed below:

Room and Boarding

Speaking of accommodation expenses, they may cover 1/3rd of the total living cost for Indian students in Denmark per month to study MBA. For major Danish cities, you can expect the accommodation expenses to range between €400 and €670 per month. Specifically for Copenhagen, the accommodation range may get slightly higher at €800 to €900 per month. The average cost for a student living alone in Denmark would be €450 per month and €500 per month for students living with their parents. The on-campus accommodation cost for MBA in Denmark would be around €250 to €300 per month.

Food

Your estimated cost of living in Denmark while studying MBA should also budget for food because Denmark presents several options for trying its cuisine. Food expenditures for a single person in Denmark usually lie between €200 and €270 per month. However, if you like to spend extravagantly on your meals, be prepared to spend €500 to €600 per month. Dining out in Danish restaurants would cost you around €30 per person, and beer would be available for €5.

Transportation

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Popularly called the bicycle haven, Denmark usually features students riding rented bicycles around the university campuses and the cities. Nevertheless, if you want a monthly pass for the bus or metro, you may have to spend around €40 or €50 per month.

To know more about other major costs of studying and living in Denmark, call the study consultants at GoDenmark.

There are other important costs you need to consider when estimating the total cost of living in Denmark while pursuing an MBA. These include:

Study materials and books required to study MBA at Danish universities may usually range between €30 and €65 per month.
The processing fee for student visas in Denmark is approximately €255. You may also have to submit evidence of funds with at least €1,000 in your bank account.
International students in Denmark also need to pay a health insurance surcharge, which comes to €20 per month.

Other important costs to factor into your budget for studying and living in Denmark include:

Telephone bill: €20
Social activities: €120 to €175
Gym membership: €100 per month
Coffee at a café: €5 to €6
TV license: €20 per month
Other expenditures: €135

Though the cost of living in Denmark is manageable, getting funds through student loans or fully-funded scholarships can be an added advantage. For 100% scholarship guidance and assistance with student loan application at lower rates and approval, rely on the study consultants at GoDenmark. We will be at your side and give you all the information you need to manage your cost of studying MBA and living in Denmark. Connect with us today!

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