Master’s in Business Administration in Germany
Why Germany is a better option to pursue a Master’s in Business Administration (MBA)? Germany is a hub of technology, research, and innovation, making it one of the most sought-after countries to pursue an MBA. It is an ultimate destination for international students as the country takes its education system very seriously.
The country is an ultimate destination for international students as most of the public-funded universities in Germany levy no tuition fee. All the public universities are funded by the government of Germany so, there is no tuition fee for most of the courses for the students. However, the students are liable to pay the administration fee at the beginning of every academic session. So, Germany is an ideal option for students who are looking for pursuing MBA in top Universities.
Germany is the 4th largest economy in the world and largest in Europe hence, offering some leading business schools for pursuing MBA. Some of the renounced business schools like Frankfurt School of Finance & Management, Munich Business School, University of Cologne, and the University of Mannheim offer many distinguished MBA programs in research, finance, accounting, and marketing.
Here is an Overview of Studying MBA in Germany :
- Why study MBA in Germany and its process?
- Intakes offer for MBA in Germany
- Cost of education and accommodation
- Opportunities after MBA in Germany
- Eligibility criteria and their process
Why Study MBA in Germany and its process?
Germany is a popular educational destination followed by the USA, UK, Canada, and Australia. The country offers a wide range of opportunities and sustainable career options after MBA programs. It is one of the desiring countries for MBA aspirates for various reasons. Students looking for pursuing their careers in top companies of the world are surely benefitted from the courses offered by Germany. The country has high-quality education, affordable courses that are relatively cheaper than other countries in Europe.
In Germany most, universities are funded by the states thus, offer free education courses, however, some highly specialized courses have some tuition fees. Though, the students are required to pay an administration fee at the starting of each year. Moreover, Germany has a vast array of MBA courses for international students to choose making it an ideal country for higher studies.
Top 5 reasons to pursue MBA in Germany
- Shorter duration of an MBA Program
- Smaller class size and moderate entry requirements
- Low cost of MBA
- Post-MBA employment opportunity
- Ease of getting a work visa
Intake Offer & Application Deadlines for MBA in Germany
The universities in Germany have a dual in-takes system for one calendar year. The two intake sessions are January and September; January has very limited admissions however September has fair numbers of admissions.
The students who are preferring Germany as their higher studies destination can either opt for a classic MBA Degree or specialized MBA Programmes. The classic MBA Degree is about general management and the specialized MBA program is expanded to the niche of the industry including healthcare management, consulting, and logistics.
Top Universities & Colleges to pursue MBA in Germany.
Germany has some of the top MBA Universities and colleges in the world with quality education. So, here is an overview of some top colleges in Germany for MBAs for which students can apply at.
S.NO. | University Name | Location | University Info |
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1. | Ludwig Maximilians University Munich | Munich | Public University, Estd. 1472 |
2. | Technical University of Munich | Munich | Public University, Estd 1868 |
3. | Free University of Berlin | Berlin | Public University, Estd. 1948 |
4. | RWTH Aachen University | Aachen | Public University, Estd 1870 |
5. | Humboldt University of Berlin | Berlin | Public University, Estd 1810 |
6. | Technical University of Berlin | Berlin | Public University, Estd 1770 |
7. | University of Mannheim | Mannheim | Public University, Estd 1763 |
8. | University of Cologne | Cologne | Public University, Estd 1919 |
9. | IU International University of Applied Science | Bad Honnef | Private University, Estd 1998 |
10. | Heidelberg University Germany | Heidelberg | Public University, Estd 1386 |
Cost of Education and Accommodation in Germany
Germany is among the top 20 countries with demand for MBA graduates and among the top 10 countries with the highest post MBA salaries. Though the educational expenses are relatively low than various European countries; so the lifestyles. The crime rate is also low in Germany. Here is a summary of educational and accommodation costs in Germany.
Item | Cost Per Month in US$ |
---|
Food Prices | $260 |
Rent for a one-bedroom apartment | $650 – $900 (Berlin), $950 – $1,250 (Munich) |
Single household Cost of Living | $856 (Berlin), $960 (Munich) |
Opportunities after Studying MBA in Germany
Germany is one of the leading innovative and technology-oriented countries in the world. So, if one talk about opportunities after MBA they are endless especially being an MBA student in Germany. The country is the home of many renowned businesses in the world including Mercedes-Benz, BMW, Siemens, Bosch, and Deutsche Bank, etc. Thus, one get explored to many new opportunities.
The country has offered a diverse range of job roles in manufacturing, pharma, technology, and e-commerce. Moreover, Germany has of the lowest and most stable unemployment rates in the world making one’s future brighter. Getting an MBA degree from Germany also elevates one’s chance of working in other European countries.
Eligibility Criteria and Their Process for MBA in Germany
To pursue MBA from Germany there are some prerequisite criteria for the student's desire to take admission in Universities in Germany. Though the requirement changes from University to University, there is some common requirement to get entry into any Germany University.
Here is a list of Documents that a student is required to have for applying for an MBA Degree course in Germany.
- A recognized undergraduate degree
- A certified transcript of your grades
- Strong GRE or GMAT scores
- Proof of Language Proficiency (English or German)
- Two to three years of professional experience (Optional)
- Motivation and Reference Letters (Optional)
- Note :- In Germany, the work experience is highly valued for applying for MBA Executive Degree Courses.
Here is a list of top MBA Universities in Germany with Fee structure and Eligibility.
Top Universities | Course, Fee Structure, Total Duration | Eligibility |
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University of Mannheim | Master in Management, Rs. 3.4 Lakhs for First Year, 2 Years | GMAT, GRE, IELTS |
Leipzig University | Master of Science in Business Administration, Rs. 50.3 Thousand for First Year, 2 Years | IELTS |
Witten/Herdecke University | Management (M.A.), Rs. 22.3 Thousand for First Year, 1-2 Years | IELTS, TOEFL |
EU Business School (Germany) | Master of Business Administration (MBA), Rs. 22.4 Lakhs Lakhs for First Year, 1 Year | GMAT, GRE |
Munich Business School | MBA in International Management, Rs. 15.6 Lakhs for First Year, 15 Months | GMAT, GRE, IELTS, TOEFL |
Frankfurt School of Finance & Management | Master of Business Administration, Rs. 35.2 Lakhs for First Year, 12 Months | GMAT, GRE, IELTS, TOEFL |