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.
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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
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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 ESMT Berlin Cologne Business School EU Business School WHU Otto Beisheim Graduate School HHL Leipzig Graduate School of Management Munich Business School GISMA Business School
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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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. The core modules help in building a solid foundation in understanding the basic management concepts and core organizational functions. It includes Electives include advanced courses that provides insights on the following courses: Recommended Read: How to Study in Germany without IELTS Score? 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 Costs include Visa application fee, GRE/GMAT, and TOEFL registration and range between EUR 430-450. 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€ Some of the top recruiters in Germany for MBA graduates include Siemens, Volkswagen, Bosch, BMW, Mercedes, Merck, and Bayer. 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 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. Recommended Reads: 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. 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. Ans. Top MBA programs in Germany include Executive MBA and MBA in international management.
Top universities in Germany for MBA Courses
Curriculum (core & electives)
Application Process
Pre-Arrival Cost
Cost of Living
Top Recruiters
Career Prospects
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Frequently Asked Questions
Q1. Which is the best university in Germany for MBA?
Q2. How can I get admission into the top MBA colleges in Germany?
Q3. What are the top MBA programs in Germany?
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