Why Study in Germany?
There are many factors that students and their parents focus on when opting for a university abroad, however, it all basically comes down to the overall cost of education. Though countries like the USA, UK, and Australia are some of the countries that come to mind when thinking of studying abroad, their cost of education is very high. However, there is a country in Europe that not only has top universities but gives the opportunity of studying there free of cost or charge very little. Yes, you heard that right! In Germany, most public universities located on the premises of Germany will offer education to its students whether national or international, for FREE. There are no tuition fees charged at the undergraduate and Ph.D. levels. Master’s students who have not studied for their undergraduate degree in Germany may need to pay tuition fees of €20,000 or more approximately, which is still pretty low compared to other countries. Moreover, another important aspect for students to consider is the job opportunities while studying, even then Germany will be an ideal destination for students to study as not only does Germany offer immigration to international students but it also allows working part-time or casual jobs while on student visas.
MBA in German universities does stand out from the crowd. A German MBA degree will give you an in-depth insight into numerous things that are essential in doing business and managing a business. Aside from this, the MBA courses taught in Germany are highly research-oriented study programs so you will have a chance to learn from different real-life experiences where your critical thinking and decision-making skills will improve.
Many universities in Germany are popular for various reasons and are considered the ideal university for any international student to get into.
ESMT Berlin is a private business school founded by 25 multinational corporations. It offers full-time, part-time and online MBAs. The program will give you the skill and necessary experience over the 15 to 24 months (the length of the program depends upon the program you will choose) to change your future and accelerate your career in Europe and beyond.
Berlin School of Economics and Law was one of the first schools that offered MBA programs in Germany. It has the seal of approval of the accreditation agency Association of MBAs (AMBA) and the Foundation for International Business Administration Accreditation (FIBAA) which confirms its MBA’s internationally outstanding quality.
BSBI is considered to be one of the best MBA colleges in Germany. It is a business school run by private, for-profit education company Global University Systems in Berlin, Germany. The MBA program offered by BSBI focuses on developing students' business skills and preparing them to work on an international level. Students have the chance to seek out business opportunities across the globe by pursuing a Global MBA. The school offers other MBA programs other than the Global MBA.
When it comes to the best university in Germany for MBA, TUM is the best choice. TUM School of Management helps candidates build a strong foundation in various management techniques. There are multiple options for students to choose from an Executive MBA in Business and IT, an Executive in Innovation and Business Creation, or a general Executive MBA.
The University Of Cologne Business School is one of Germany’s triple-accredited schools and home of the Cologne-Rotterdam MBA, a program that Cologne offers in partnership with the Rotterdam School of Management. The program helps students form a comprehensive foundation for the higher levels of management, filling gaps in their knowledge to help strengthen skills that they will develop throughout the program.
The University of Mannheim is one of the leading business schools in Germany that offers full-time, part-time and executive MBAs to its applicants. If you are looking for a public university that provides internationally reputed MBA programs then this is the best choice for you. You will get a chance to gain exposure to learning the best management skills.
Frankfurt School of Finance and Management is a leading private business school. The MBA programs offered by this business school are tailored for professionals seeking to grow further in their careers and get international exposure whilst gaining the necessary skill for a career in management. It was also rated as the best German business school in the Times Higher Education Global University Employability Ranking.
The fees may seem a lot but when you compare it to other top universities situated around the world, it is quite affordable. There are other much cheaper options as well and some universities offer MBA courses for free as well like the double master's in Business Administration offered by the University of Cologne is free for students. This is just to give you an example to tell you that studying Germany on a budget is possible too. Well, now that it is out of the way let's tell you the tuition fees of the top universities we have mentioned above:
|European School of Management and Technology (Private)||Full-time: €43,500|
|Berlin School of Economics and Law|
|Berlin School of Business and Innovation (BSBI)|
|Global MBA: €14,150|
|Technical University of Munich|
|Executive MBA: €39,000|
Executive MBA in Business and IT: €39,000
Executive MBA in Innovation and Business Creation: €39,000
|University of Cologne Business School (Public)|
|Mannheim Business School (Public)||Full-time:€39,500|
|Frankfurt School of Finance and Management (Private)||Full-time: €39,000|
MBA in International Healthcare Management: €36,000
MBA in Germany Eligibility Requirements
Most of the business schools in Germany have the same admission requirements, but it is always better to check out the requirements of the business school you are planning to apply to or you can get Edivise Hub expert consultants to help to get you through the whole admission process.
- A bachelor’s degree from a recognized institution
- Valid GMAT/GRE scores
- IELTS /TOEFL /PTE scores, a minimum of 60% aggregate academic score
- A work experience of two to three years may be required for certain MBA programs
How easy or difficult is it for international students to get into these universities for MBA?
Applying for admission to world-leading universities is never easy as the institutes in Germany require aspirants to secure at least 60 to 80% of their bachelor's degree. Aside from this major aspect, there are various other aspects that a student should keep in mind while applying. Students' overall profile is one of the things that can help them get a place in their desired program and university. co-curricular activities, certificates, volunteer work, writing and communication skills, GMAT/GRE results, and most important if he/she has any prior work experience.
Documents Required for MBA in Germany
In order to be considered for a place in the MBA program in Germany, you need to furnish the following documents:
- Completed application form of your chosen university
- Academic Transcript
- Letter of Motivation
- CV/Resume Updated
- GMAT/GRE scores
- Proof of English Proficiency
- Work experience if required
Application Process for Studying for MBA in Germany
Germany is known for having a simple and hassle-free application process, which can be easily followed by everyone. However, I would still advise reading the university application process thoroughly in order to avoid any type of mistakes.
You will directly apply to the university's international office, remember to attach your IELTS OR TOEFL and GMAT scores with your academic application. Or if the process is too confusing for you, Edvice Hub can do it for you.
The career prospects after completing an MBA are endless in Germany and around the world as well. Germany is regarded as a place full of opportunities and possibilities. It is also one of the most popular destinations for MBA studies among students. And according to the Association OF German Chambers of Commerce and Industry, there is a demand for 1.5 million skilled workers, which increases your chances of getting job opportunities after completing your MBA. MBA fresher jobs in Germany average salary ranges from €65,000 to €80,000 annually. Some of the top recruiters for MBA graduates are Siemens, Bayers, Bosch, Volkswagen, Merck and many others.
We have prepared a list of jobs opportunities in Germany with respect to various MBA specializations:
|MBA||Average Annual Salary|
|MBA in Marketing||€65,000|
|MBA in Management||€67,000|
|MBA in Finance||€63,700|
|MBA in Healthcare Management||€60,000|
Below is given the average salary of top jobs after an MBA in Germany:
|Jobs||Average Annual Salary|
|Business Development Manager||€191,000|
Work Rights During MBA in Germany
This is also one of the major reasons why students opt for Germany to pursue an MBA. Germany's economy is very student-friendly, several companies offer part-time jobs specifically for students. International students are allowed to work up to 120 full days or 240 half days a year while in Germany on German Student Visa.
It is fairly easy to find employment in Germany, so you can earn your living easily while studying which makes Germany more attractive in the eyes of an international candidate.
We understand how daunting the whole process of finding the right university and then applying to it can be, sometimes research about such things can leave you more confused than you were before. That’s where our professional advice comes into play. We can offer you advice on your study abroad destination, degrees and overall application process. All you need to do is book a FREE 1-to-1 consultation session with one of Edvice Hub’s consultants.