Portugal, Lisbon

ISCTE-IUL Business School

Bachelor, MBA

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ISCTE Business School is a public university-level institution established in 1972.

It is strategically located in the center of Lisbon. It is directly served by a subway station and a number of convenient city buses that provide fast and easy access to almost everywhere in the city. IBS emerged from the previous management department created in 1972, and is recognized for the excellence of its teaching, research focus, faculty – student interactions, practical approach, meritocracy driven, proximity to the business world, solid connection to entrepreneurship, placement of students, multicultural environment and its international dimension and reputed faculty. IBS currently has about 15% of foreign students and has the largest exchange program in Portugal, receiving annually about 300 students and sending 200 students to study abroad. Under the summer school program, IBS welcomes more than 250 students from 35 countries.

More information about courses offered: ISCTE

The Country

Portugal is a unitary semi-presidential republic. It is located in South-Western Europe, on the Iberian Peninsula, and it is the westernmost country of mainland Europe, being bordered by the Atlantic Ocean to the west and south and by Spain to the north and east. Portugal is considered a developed country with an advanced economy and high living standards, listed with the nineteen the quality of life index rating in the world as of 2005. It’s one of the world’s most globalized and peaceful nations and is among the 20 most visited countries in the world.According to the 2011 Census, 81.0% of the Portuguese population is Roman Catholic.

The City

Lisbon is the westernmost large city located in Europe and the only one along the Atlantic coast, with a population of 547,631 within its administrative limits. It lies in the western Iberian Peninsula on the Atlantic Ocean and the River Tagus. The typical summer season lasts about six months, from May to October. Alcântara and Barrio Alto are areas in Lisbon very attractive to youth because of the number of pubs and discothèques. Torre de Belem is the most famous tower in Lisbon, built as afortified lighthouse to guard the entrance to the port.Other major historical building are the Mosteiro dos Jerónimos and Padrão dos Descobrimentos. Parque das Nações is pedestrian-friendly area with new buildings, restaurants, gardens, the Casino Lisbon, the FIL building (International Exhibition and Fair), the Camões Theatre, as well as the Oceanário de Lisboa (Lisbon Oceanarium), the second largest in the world.

Student Life

IBS is the most international Portuguese Business School, due to in numerous partnerships and protocols with universities all over the world. One of Lisbon’s largest sports centers, with several sports pavilions, football and rugby fields, jogging tracks, swimming pools, and other sports and fitness facilities is within two minutes walking distance.Ultra-modern and fully equipped with state-of-the-art technology, this center has several study rooms, computer labs, recreational areas, a restaurant, a permanent art gallery, and a modern documentation center.

Estimated Expenses

Rough Expense Comparison

Semester at ZSEM

Semester at ISCTE Business School

Health Insurance

50 EUR


333 EUR


287 EUR

250-350 EUR


28 EUR

22 EUR


177 EUR

156 EUR




16 EUR

35 EUR


*per month


With the University Residence Professor José Pinto Peixoto, the Lisbon University Institute (ISCTE-IUL) meets some of the accommodation needs of its visiting students and teachers, which, so far have only been served through the room and private house market across Lisbon. For more detailed information go on the official site Residental life.

Travel Opportunities

Lisbon, forever known as the ancient city of the explorers, molded by generations of invaders and rulers from diverse cultures and backgrounds, has one of the most colorful cultures and architectures in Europe. You can start your journey through time with two World Heritage architectural marvels: the Monastery of the Hieronymites and Tower of Belém. Then, find the way from the East to the West within the 6000 most precious treasures from Caloust Gulbenkian Collection, and the fantastic Berardo Collection, that offers a panorama of the creation of plastic arts in the twentieth century and the beginning of the XXI century – ending your expedition at the acclaimed Design Museum. Also, you can visit other places in Portugal, for example, if you are fan of great wine than you mast go to Porto, the second largest city in country, famous for its wine.