Best Colleges in Germany for MBA – Courses, Deadlines & More

universities in germany for mba

Germany is globally acclaimed for its top rated universities for MBA courses. MBAs are usually 1-1.5 year programs for international students which come in part-time, full-time, and online modes alike. There are 50+ educational institutions offering this program in Germany, including several highly ranked names. Germany is fast becoming a booming destination for MBA courses, especially due to its affordability and flourishing job market.

Recommended Read: Study in Germany After 12th & Graduations

Top reasons to study MBA in Germany

There are numerous benefits of studying MBA courses in Germany. They include the following: 

  • Germany has some of the world’s highest-ranked universities for MBA programs along with cutting-edge educational infrastructure and facilities. 
  • Germany is also witnessing soaring demand for skilled MBA graduates across varied business sectors. Reports have highlighted increases in both employment figures and salaries. 
  • MBAs are more affordable in Germany since public universities charge zero or negligible tuition fees. Students majorly have to cover some administrative costs and their living and accommodation costs. 
  • With a thriving economy, Germany offers excellent career prospects for MBA graduates with handsome starting salaries. 

Universities in Germany for MBA Programs- Eligibility Criteria

Here are the eligibility criteria for studying at leading universities in Germany for MBA programs: 

  • GMAT or GRE scores, depending on the institution’s preferences
  • Two to three years of work experience
  • 1-2 page letter of motivation
  • Essay on extracurricular activities in some cases
  • LORs (Letters of Recommendation)
  • Scores in English language proficiency examinations like TOEFL iBT and IELTS

Application Process

To apply for the MBA in Germany, you need the following documents in place

  • GRE or GMAT scores
  • Proof of Language proficiency tests (English or German)
  • Letter of Motivation
  • Letter of Recommendation 
  • Two to three years of work experience 

Recommended Read: Study MASTERS in Germany

Specializations

Germany offers a variety of MBA specializations for students. Some of the specializations are listed below along with their corresponding colleges:

College/Institutions

Specializations

Mannheim Business School

  • Global MBA (Full time) 
  • Executive MBA (Full- time)

ESMT Berlin

  • Global Online MBA

Cologne Business School

  • International Management

EU Business School

  • International Business
  •  Communication & Public Relations
  •  International Marketing
  • Global Banking & Finance
  •  Leisure & Tourism Management
  •  Entrepreneurship
  •  Digital Business
  •  Sports Management
  • Human Resources Management
  •  Design Management
  •  Blockchain Management

WHU Otto Beisheim Graduate School

  • Marketing

HHL Leipzig Graduate School of Management

  • General Management

Munich Business School

  • General Management

GISMA Business School

  • Global MBA

Academic Cycle: Intakes & Deadlines: General 

Most of the German universities follow April intake whose deadlines fall in August and Oct or September Intake who deadlines fall in January and March. Some universities have no application deadlines and applications are open throughout the year. The application process for the Master’s courses is cumbersome and might take 6-8 weeks more for visa application processing.

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Top universities in Germany for MBA Courses

Here are some of the top universities  listed below encompassing the QS global MBA rankings, Course Duration, and Cost of Attendance where you should study your MBA in Germany: 

Name of the Institution

QS Ranking 2022

Course Duration

Tuition Fee

Mannheim Business School

39

12 months

EUR 39,500

WHU-Otto Beisheim Graduate School of Management

59

12 months

EUR 40,500

ESMT Berlin

90

15 months

EUR 26,500 – 38,000

European School of Business 

131-140

12 months

EUR 3475-6950

HHL Leipzig Graduate School of Management

121-130

12 months

EUR 33,500- 39,500

Most of the cost of attendance stated above includes the books and study material cost along with the accommodation costs.

Curriculum (core & electives)

The core modules help in building a solid foundation in understanding the basic management concepts and core organizational functions. It includes 

  1. Managerial Finance
  2. Financial Accounting
  3. World Economy
  4. Exploiting Market Opportunities (Marketing, Corporate Finance, Economics of Corporate and Competitive Strategy)
  5. Organizational Management (Operations Management, Strategic Sourcing, Management Accounting)

Electives include advanced courses that provides insights on the following courses:

  1. Strategy and Organization
  2. Marketing & Sales
  3. Entrepreneurship and Innovation
  4. Advanced Finance

Recommended Read: How to Study in Germany without IELTS Score?

Application Process

One can easily apply online to German B-Schools online. All one needs are scanned documents. The process is very simple and can be done in easy steps using the Uni-Assist portal.

Pre-Arrival Cost

Pre-Arrival Costs include Visa application fee, GRE/GMAT, and TOEFL registration and range between EUR 430-450.

Cost of Living

Germany is not a costly place for international students. One can easily manage their expenses. However, the cost of living in Germany greatly differs with the location you choose to live in. For instance, Munich and Stuttgart are costlier than Bremen, Leipzig, Frankfurt or Berlin. 

Accomodation

560-1094€ (depending on the location)

Taxi (1km)

1.90€-2.00€

Meal

8.00€-12.25€

Utilities

193.36€-466.67€ monthly

Internet

20.00€-30.00€ monthly

Public transport (One way ticket)

1.65€-2.40€

Health Insurance

70-80€

Recreational activities

25€

Top Recruiters 

Some of the top recruiters in Germany for MBA graduates include Siemens, Volkswagen, Bosch, BMW, Mercedes, Merck, and Bayer.

Career Prospects 

Job Profile

Salary/Remuneration

General Manager

73,200 EUR

Project Manager

48,000 EUR

Operations Manager

50,980 EUR

Business Development Manager

53,831 EUR

Marketing Manager

44,680 EUR

Strategist

45,750 EUR

Source: Payscale

Study with upGrad Abroad

Enrol in our Master of Business Administration (90 ECTS) program that gives you an opportunity to study in IU Germany and London South Bank University. It is an 18-monthly course where in the first semester you will be studying online with IU Germany. You can save up to 10 lakhs of your education cost. Tuition fees for the first semester of the course are INR 2.5 Lakhs (inclusive of taxes). For the next two semesters, you will study on-campus at IU Germany. Tuition fees for IU Germany are approximately EUR 9,028. You will also be eligible for PGWP/Post Study Work/OPT visa application after graduation for up to 18 months.

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Frequently Asked Questions

Q1. Which is the best university in Germany for MBA?

Ans. Some of the best universities in Germany to be considered for an MBA are the Technical University of Munich (TUM School of Management), the University of Mannheim, and EBS University, the University of Cologne.

Q2. How can I get admission into the top MBA colleges in Germany?

Ans. To get into the top MBA colleges in Germany, one needs to have a recognized graduate degree, GMAT score, TOEFL, motivation letter, reference letter, and work experience of one to two years.

Q3. What are the top MBA programs in Germany?

Ans. Top MBA programs in Germany include Executive MBA and MBA in international management.

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