MBA in Germany – A pioneer in the field of technology and sciences, Germany has always been ahead of times compared to the rest of the world. The country features state-of-the-art infrastructure, world-class facilities, and low tuition fees, making Germany one of the most sought-after destinations for MBA in the world. The universities in Germany have two intakes in a year, i.e., during the months of January and September. However, very limited admissions take place in the January session. Students who select Germany as their preferred destination for pursuing MBA can either opt for the traditional MBA Degree which generally centres around general management or opt for a more unconventional choice and enrol for specialized MBA programmes.
In this article, you will be able to know why it’s beneficial to complete your MBA in Germany, what are the top MBA programmes and world-class universities you can study at, admission process, MBA costs, job opportunities post MBA and scholarships that can be obtained to complete an MBA without much hassle.
Main reasons to apply for MBA courses in Germany are:
With an increasing number of business schools in Germany offering MBA programmes taught in English, an MBA in Germany is a compelling choice. Below, we have listed some of the top business schools in Germany.
Let’s explore some details on the top business schools.
There are some 10,000 business schools worldwide. Only the very best qualify for the international MBA rankings. Mannheim Business School has firmly established itself as one of the elite schools and is among the top 80 in every single global major ranking. Its ranked No-1 in Germany and is located at the Southwest of Germany. The courses at the MBS are divided into the following:
Full-time MBA programme for young professionals is a unique MBA programme combining excellence, internationality, practical orientation and a sense of responsibility. The application is accepted until August of the current year for the programme to commence by September of the current year.
It is a private international business school founded by 25 multinational corporations. The school’s expertise focuses on the development of responsible leaders with a global focus on innovative management, analytics, and technology. It is one of the top-ranked business schools in Germany. It offers three types of degree programmes:
There are 32 faculty members in the school who belong to 18 different countries. 80% of them have a non-German background. The business school is accredited by AACSB, AMBA, EQUIS and FIBAA.
ESMT MBA is a personalized programme which starts in June every year. The MBA programme is based in Berlin, Germany, with the significant international and intercultural curriculum. MBA courses focus on innovation, technology, big data, sustainable business development, entrepreneurship, and global strategic management. The school takes general management and personal development method that admits up to 65 students from more than 30 countries. MBA programme challenges students to work in diverse teams, discover their passion and interest, and question their conventional thinking process.
In some institutes, students do not need to show prior work experience in their MBA application as asked by business schools of countries like US, Canada, etc. The key eligibility criteria for an applicant to be eligible to apply for an MBA programme in Germany are listed below.
The following eligibility criteria apply to the MBA aspirants:
An applicant needs to submit the following key documents during the MBA application process:
A brief look at the application process of the Mannheim Business School for full-time MBA programme:
MBA is affordable in Germany compared to other countries. Some of the public institutes provide low or free MBA education. The cost of an MBA for an Indian applicant may cost around INR 25-35 lakhs. The official website of DAAD offers the list of scholarships for international students to support their MBA education in Germany. Students can go over the DAAD site and they can find out around 55 search results for international MBA programmes across Germany. If they are eligible, they can go ahead with the application process at the respective school’s website. One of the top MBA school in Germany, Manheim Business School program, duration and cost in the given table below:
Manheim Business School Full Time MBA
Manheim Business School Part Time MBA
Multinationals and SMEs hire highly qualified MBA graduates and up to 2,50,000 jobs are created in SME sector, according to the Federal Ministry for Economic Affairs and Energy. A shortage of qualified employees costs these businesses EUR 31 billion in revenue each year. Students can apply for 18-month Residence Permit to look for a job that corresponds to their area of qualification. They can take up any kind of employment to support themselves and fund their job search. Companies in sectors like Healthcare, Consulting and Logistics, Information Technology, Education and Financial will demand MBA professionals in the near future.
International MBA aspirants can avail scholarships to fund their course in Germany. Some of the popular scholarship programmes which they can apply for are:
Want to study in Germany? Visit our study abroad admission in Germany web page.
Public universities do not have tuition fees except certains fees for administrative cost for masters programs. But on an average, tuition fees for Full-time MBA courses range from around €30,000 to €50,000, while for Executive MBA courses may amount to around €90,000. Specialised programs in private instituitions cost even higher than Public univeristies.
Students will have to check the departmental pages of the university where they wish to apply for admission. Gather all documents (like transcripts, GRE or GMAT scores in some university cases, proof of English Language and motivation letters and fill an application form by uploading all these documents and submitting it within deadline
Countries like Canada, UK, Australia, US and Singapore are popular MBA destination.
Yes, over the years there has been rise in numbe of international students in MBA programmes across Germany. Affordable tuition, world class facilities and job prospects attract these students.