MBA in Germany
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Germany is one of the top destinations for higher education when it comes to studying abroad. With its high academic standards, top-ranking universities, multicultural environment, strong job opportunities, and industry connections, Germany offers several opportunities to international students.
Table of Contents:
- Why an MBA in Germany?
- Cost of Living in Germany
- Top Universities in Germany for MBA
- Documents Required for MBA in Germany
- Scholarships for MBA in Germany
- Career Opportunities after MBA in Germany
- Frequently Asked Questions
Why an MBA in Germany?
There are several reasons why students choose to study for an MBA from Germany rather than other countries. Some of the reasons are:
- Job Opportunities: Germany, the world’s third-largest economy, has many career opportunities for MBA graduates. German universities are highly research-based and prepare students with all the necessary skills required in the job market.
- High-Quality Education: Germany is known for its top universities and high-quality education. Studying for an MBA in Germany offers you equal focus on theoretical and practical learning.
- Tuition Fees: Germany is world-renowned for its low tuition fees. Education in Germany is free in its public universities, students are only required to pay semester fees, typically ranging from €100 to €350.
Cost of Living in Germany
As an international student, managing your expenses is very important. The cost of living is quite reasonable in comparison to other European countries. An average person spends around €996 per month in Germany (excluding rent). If you are planning to study MBA in Germany, here’s what the cost of living in Germany looks like:
| Particulars | Average Expense Monthly |
| Utilities | €200 – €493 |
| Phone Plans | €10 – €39.95 |
| Internet | €45 |
| Groceries | €200 – €300 |
| Transportation | €80 – €90 |
| Health Insurance | €150 – €500 |
Top Universities in Germany for MBA
Germany offers a variety of MBA programs, including full-time, part-time, online, global, dual-degree, and executive MBA (EMBA). Here are some of the top MBA colleges and universities in Germany for Indian students:
| University Name | Average Fees in EURO | Admission Criteria |
| Frankfurt School of Finance & Management | €42,000 | |
| Mannheim Business School | €45,000 |
|
| WHU – Otto Beisheim School of Management | €48,500 |
|
| ESMT Berlin | €50,000 |
|
| HHL Leipzig Graduate School of Management | €41,600 |
|
| HSB – Hochschule Bremen | €17,000 |
|
Documents Required for MBA in Germany
Every university may have different requirements for international students. To pursue an MBA in Germany here are some key documents that you must have for admission:
| Recognised School Leaving Certificate | Transcripts and Diploma Certificate |
| Proof of Language Proficiency | Copy of Passport & Student Visa |
| Letters of Recommendation (if applicable) | CV / Resume |
| Standardized Tests (if applicable) | Akademische Prüfstelle – APS certificate |
| Preliminary Review Documentation – VPD | Proof of Funds |
Scholarships for MBA in Germany
Germany is known for its free tuition fees; however, managing your expenses can still be challenging as an international student. Securing a scholarship eases your burden. Here are some scholarships for MBA in Germany:
| Scholarships | Details |
| Expatrio Scholarship |
|
| DAAD Scholarship |
|
| Heinrich Böll Foundation Scholarships |
|
| Konrad-Adenauer-Stiftung Scholarship |
|
Career Opportunities after MBA in Germany
Pursuing an MBA from Germany opens up various career opportunities due to the country’s strong economy and business environment. The average MBA salary in Germany varies from €40,000 to €120,000 per year, depending on the role, experience, and more. Here are some of the top job opportunities and their average package after an MBA in Germany:
| Jobs | Average Package in EURO |
| Business Development Manager | €70,000 |
| Marketing Manager | €57,000 |
| Financial Analyst | €66,000 |
| Project Manager | €76,500 |
| Supply Chain Manager | €71,000 |
| Management Consultant | €72,150 |
| Human Resources Manager | €65,000 |
| Investment Banking Analyst | €108,500 |
Frequently Asked Questions
How much does it cost to study MBA in Germany?
Germany’s public universities charge semester fees usually from €100 to €350. While, private universities charge €7,300 to €50,000, depending on the university.
How long does it take to complete an MBA in Germany?
A full-time MBA in Germany takes 12 to 18 months to complete, depending on the course load and credits. One-year MBA programs typically have 60 ECTS points while 18-month MBA programs typically have 90 ECTS points.
Is IELTS required for an MBA in Germany?
International students must prove their English language proficiency to pursue an MBA in Germany. A score of 6.5 – 7.0 or higher is typically required in the IELTS exam.
Is work experience required for an MBA in Germany?
German universities typically require work experience of 2-3 years. Some universities or Executive MBA programs may require more.
Are there English-taught MBA programs in Germany?
Various top universities in Germany offer English-taught MBA programs. As an international student, you must prove your English language proficiency to get admission to the program.
Can I study for an MBA in Germany without a GMAT?
In Germany, you can apply for an MBA without a GMAT score. However, you must check your university requirements before applying for an MBA.
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