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Master of Business Administration (90 ECTS)

Master of Business Administration (90 ECTS)

Batches Starting from 15th November 2021

Key Benefits of the Program

  • INR10 Lakhs


    Cost savings compared to regular degree course in Germany

  • Upto18 Months


    Eligible for post-study work visa application after graduation

  • INR45 Lakhs


    Average salary in Germany after completion of the course

Program Structure and Fees

Master of Business Administration (90 ECTS) is a 18 months course where in the first two semesters you will be studying online with IU Germany. Tuition fees for first two semesters of course is INR 2.67 Lakhs (inclusive of taxes). For 3rd Semester you will be going to Germany and study on-campus in IU Germany. Tuition fees for IU Germany is approximately 5,494 Euros. You will also have to deposit 10,332 Euros in a German bank account as proof of funds for living and food expenses.
  1. IU Germany

    Country

    Germany

    Course Name

    • Master of Business Administration (90 ECTS)

    Eligibility

    • You need to have any Bachelor's degree (3 years or 4 years) with minimum 50% marks in any stream.
    • 2 years of work experience (after the completion of graduation)
    • Medium of instruction of Graduation should be in English

    Tuition Fees

    ~ INR 2,67,000 (incl. taxes)

    Cost of Living

    N/A

    Mode of Teaching

    Online

    Duration

    1 year

  2. IU Germany

    Country

    Germany

    Course Name

    • Master of Business Administration (90 ECTS)

    Eligibility

    • The applicant should successfully complete the online course modules

    Tuition Fees

    ~ EUR 5,494

    Cost of Living

    ~ EUR 10,332 Per annum

    Mode of Teaching

    On-Campus

    Duration

    6 months

Other Benefits

  • 5 specializations to chose from - Engineering Management, Finance & Accounting, International Marketing, Big Data Management and IT Management
  • No IELTS required to study in Germany for upGrad learners
  • 94% of IU Graduate receive confirmed job offers within 6 months of graduation
  • Online Sessions + Live Lectures
  • No Cost EMI option
  • IU, Germany Alumni Status
About IU Germany
Established in 1998 and with more than 17 campuses in Germany, IU International University of Applied Sciences (earlier known as IUBH) is an outstanding University in Germany. University prides itself on more than 3500 recruiting partners as well as on the fact that 94% of its graduates have received job offers within 6 months of graduation.With th
....Read More
About Germany
Germany is not only the 4th largest economy in the world by GDP but also Europe’s largest economy. With 109 Nobel laureates, the country is known for its high quality education across the world. With more jobs than skilled workers, Germany has the lowest unemployment rate of 5%. As per a news report, more than 100,000 IT jobs are vacant in Germany.
....Read More

Career Opportunities


All Positions

IT Management

Finance & Accounting

International Marketing

Big Data Management

  • Project Management

    EUR 75000 Annually

  • Information Technology (IT) Support

    EUR 66000 Annually

  • Information Technology (IT) Architect

    EUR 52000 Annually

  • Senior Financial Analyst

    EUR 63572 Annually

  • Finance Manager

    EUR 63049 Annually

  • Financial Analysis

    EUR 62000 Annually

  • Project Manager

    EUR 60369 Annually

  • International Marketing Manager

    EUR 66000 Annually

  • Management Consultant

    EUR 60633 Annually

  • Senior Data Analyst

    EUR 61000 Annually

  • Analytics Manager

    EUR 60000 Annually

  • Data Management Specialist

    EUR 56586 Annually

Syllabus

IU GermanyMaster of Business Administration (90 ECTS)

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IU GermanyMaster of Business Administration (90 ECTS)

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Frequently Asked Questions

About the Program

What is the Master of Business Administration (90 ECTS) with upGrad?

The Master of Business Administration (90 ECTS) is an engaging, yet rigorous 18-month online/offline program designed specifically for professionals to develop practical knowledge and skills related to business. The degree is awarded by IU Germany.

What type of learning experience should I expect?

The content will be a mix of interactive lectures from industry leaders as well as world-renowned faculty. Additionally, the program comprises live lectures or hangout sessions dedicated to solving your academic queries and reinforcing learning. Once you reach Germany, you will be part of a class of 30 students and get face to face learning from Professors. Also, in the final semester of the course, you will be writing a Thesis and participate in Colloquium.

What is the weekly time commitment expected from me?

The online program schedule is designed to ensure that you can successfully study alongside your job. Devoting 12-15 hours every week should be enough to graduate from the program. However, the more time you devote, the greater will be your learning from the program. The program in Germany will be full time and you can work part-time up to 20 hours per week. The minimum wage in Germany is ~10 Euros per hour.

Is any certification granted at the end of the program?

Post successful completion of the course, you will get a Master of Business Administration (90 ECTS) Degree from IU, Germany.

Admissions

Is there a minimum qualification for this program?

You need to have a minimum of three years Bachelor's degree like B.Com/ BBA/ BCA/ B.Tech./B.E./B.Sc. or any other degree with minimum of 50% marks in any stream.

Can I still apply for the program if I have scored less than 50% in my undergraduate degree?

Candidates who scored lower than 50% marks in the UG degree are not eligible to apply.

Can I apply for the program if I am in my last year of an undergraduate degree?

Yes, you can apply for the program but you will join the batch which is just after completion of your bachelor's degree.

What is the admission process?

The admissions process is completely online. Following are the key steps in the application process:
Step 1 - You must apply for the program on upGrad’s website. The application form will capture information related to your educational and professional experience.
Step 2 - Post application, the suitability of your profile will be evaluated by upGrad’s and IU, Germany Admission Counsellor Team. If approved, you will be shortlisted for the program.
Step 3 - Shortlisted candidates will receive a provisional admission offer. Final admissions offer will be granted upon payment of the full program fee and successful submission of the required documents.

Will I be required to submit any documents for admission?

Yes. You will be required to submit the following documents to upGrad prior to the program start date, a self-attested copy of your undergraduate transcript/degree clearly mentioning your GPA/Grades, Curriculum vitae, Work experience letter, Proof of English proficiency

Please note, you will only receive the final admissions offer upon submitting these documents.

Will I get a conditional offer letter from IU Germany?

Once you provide us with all required documents, we will apply in IU Germany on your behalf and get you offer letter to join the course.

Germany

What are the job opportunities in Germany?

Germany has the lowest unemployment rate across Europe of 5%. As per German industry bodies.

What are the part-time working rules in Germany?

As a student, you can work 20 hours per week or 120 full days part-time during the year. Typical wage in Germany is around 10 Euros per hour.

What are the living costs per year in Germany?

To prove you have sufficient financial resources to support yourself in Germany, you have to deposit 10332 Euro in a blocked German bank account before you apply for Visa. This amount can be withdrawn once you reach Germany to support your monthly expenses. Your actual expenses may vary depending on your lifestyle in Germany.

What are the post-study work visa rules in Germany?

Germany allows for the application of up to 18 months of a post-study work visa after completing a degree from Germany.

About IU

Can you give more details on IU Germany?

IU Germany was established in 1998 and is a university of applied sciences. They have 17 campuses in Germany with 40 examination centres. International students can opt for either the Berlin campus or the Bad Honnef campus.

Why should I study in IU Germany?

IU Germany prides itself on small class sizes. The typical class size at IU Germany is 30 students. IU also has a well-established career centre that helps students in getting jobs. 94% of IU graduates receive a job offers within 6 months of completion of the course.

When can I start studying?

Online:
We guarantee IU online students maximum flexibility, so you can choose your own starting date in your application. On that day, we will send you the access data you need to begin.

On-Campus:
We have multiple intakes per year, you can apply at any time. However, our on-campus programmes have fixed starting times. See the course pages for more.

Course Curriculum

Which topics are going to be covered as part of the program?

The program will be delivered on a new technology platform to create a superior learning experience for participants. With this program, IU, Germany seeks to develop the next generation of leaders. The topics that are going to be covered Leadership, Innovation and Entrepreneurship, International Marketing, Performance Measurement Corporate Finance, Managerial Economics, Strategic Management, Operations and Information Management and Business Ethics and Corporate Governance.

Is any certification granted at the end of the program?

Post successful completion of the program, a Master of Business Administration (90 ECTS) degree would be granted from IU, Germany.

Time Commitment

What is the time commitment expected for the program?

At least 12-15 hours per week of time commitment is expected to be able to graduate from the online program. The on-campus program in Germany is full time and will have an appropriate workload.

How will my doubts/questions be addressed in an online program?

Peer-to-peer discussion forum where you can post your queries and your peers/faculty/teaching assistants answer your queries within a day. Regular Q&A sessions with faculty to get clarification on conceptual doubts.

Refund Policy/Financials

Is there any deferral or refund policy for this program?


Deferral Policy: (Pre- Online Program Commencement)

If a student, due to unavoidable circumstances is unable to commence with the cohort and requests for a deferral before the cohort starts, we provide the opportunity for the student to defer to another batch. However, the student will be required to pay 50% of the total course fee amount (inclusive of taxes) before the deferral can be approved. Till this is completed, the student will be assumed to be continuing in the same cohort. A student can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of initial batch the student enrolled for. The student has time till the current cohort launch date to make the payment of the 50% program fee, post which the deferral request will expire. Once the deferral window expires and the student now asks for a refund, The above-mentioned applicable refund policy will apply. The fee applicable to the deferred student will be as per the prevailing fee for the batch student has opted to defer to (No additional deferral fee is required to be paid).

Deferral Policy: (Post Online Program Commencement)

If a student is facing severe issues in dedicating time to the course, we provide the opportunity for the student to defer to another batch. A student can request for deferral only once and to either of the scheduled cohorts to start in the next 1 year from the batch start date of initial batch the student enrolled for. The student will be required to pay a deferral fee of 10% of the total course amount fee + Taxes if any along with the differential program fees between the two cohorts The deferral request will be approved once the deferral fee is paid. Till this is completed, the student will be assumed to be continuing in the same cohort. The student has 7 days (including holidays and weekends) from the date of deferral request to make the payment of the deferral fee post which the the deferral request will expire, and the student will continue as part of the current cohort. If the student completes the deferral payment, the student’s login will be disabled, the student will leave the deferred cohort and the student will start learning on the new cohort from the point of the last assignment that was graded in the deferred cohort. All grades and progress till that point will be carried forward as it is to the new cohort. For clarification, the grades of the graded assignments will be carried forward, whether the student had submitted these grading during the initial stage. The deferral can only be requested during the batch for which the student has enrolled is ongoing. Once the batch has completed, deferral requests shall not be entertained. For clarification, the batch completion here shall mean the “last grace deadline” as communicated by upGrad.

Which banks allow using 0% Credit card EMI or Credit card EMI?

No cost EMI is available on credit cards from all major banks (American Express, Bank of Baroda, HDFC Bank, ICICI Bank, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Standard Chartered, Axis Bank, Yes Bank).

Will I have to pay any extra amount for the EMI transaction?

If you are availing 0% credit card EMI, upGrad will not charge any processing fees or down payment for these transactions. Your bank may levy GST or other taxes on the interest component of the EMI.

Are there any fees or down payment?

Certain banks charge nominal processing fees between INR 99 - 500 on 0% Credit Card EMI transactions. If charged will be billed in the first repayment instalment.

Can I use my International credit card for 0% credit EMI or Credit Card EMI?

Only the Indian bank Credit cards can be used. But you can pay the amount using the Credit card option in one shot / part payments and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

How can I opt for Credit card EMI if my bank is not listed in the 0% Credit card EMI or Credit card EMI?

You can pay the amount using the Credit card option in one shot/part payments and later you can convert into EMI from your respective bank. The tenures and interest charged will depend on your bank. upGrad will not charge any processing fees or down payment for these transactions.

Why is the entire amount blocked on my credit card?

Initially, your bank will block the entire amount from your available purchase limit and from your next billing cycle, you will be charged the EMI amount. As you start paying your EMI, your credit limit will be released accordingly. For example, if you have made a payment of ₹100000 on 6-months EMI and your credit limit is ₹200,000 then initially your bank will block your credit limit by ₹100000. After payment of your first month EMI of Rs.15000, the blocked amount will come down to ₹85000.

Why is interest getting charged on No Cost EMI?

Your bank will charge you interest. However, this interest charge has been provided to you as an upfront discount at the time of your payment, effectively giving you the benefit of a No cost EMI.The total amount paid during the entire EMI tenure to the bank will be equal to the amount to be paid to upGrad.

Eg. Amount payable to upGrad: INR 405000
Let's say Amount deducted at the time of the transaction: INR 379850 (Principal amount)
Bank charges interest of 12-15% per annum on INR 379850. [Note: Interest factor is reducing the rate and not Flat rate] EMI AMOUNT = INR ​33750 x 12 = INR 405000 effectively, you have taken loan on 379,850 instead of 405,000