MBA in Germany

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:

1. Why an MBA in Germany?
2. Cost of Living in Germany
3. Top Universities in Germany for MBA
4. Documents Required for MBA in Germany
5. Scholarships for MBA in Germany
6. Career Opportunities after MBA in Germany
7. 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	Bachelor’s degree or equivalent 3 years of postgraduate work experience GMAT or GRE scores IELTS – 7.0 / TOEFL iBT – 90 or equivalent
Mannheim Business School	€45,000	Bachelor’s degree with a minimum B+ 3 years of postgraduate work experience GMAT – 600 or GRE scores IELTS – 7.0 / TOEFL iBT – 95 or equivalent
WHU – Otto Beisheim School of Management	€48,500	Bachelor’s degree or equivalent 2 years of postgraduate work experience GMAT / GRE / WHU Admission Test scores IELTS – 7.0 / TOEFL iBT – 100 or equivalent
ESMT Berlin	€50,000	Bachelor’s degree or equivalent 3 years of postgraduate work experience GMAT / GRE / ESMT Admission Test / GMAC Executive Assessment scores IELTS – 7.0 / TOEFL iBT – 95 / PTE – 64 or equivalent
HHL Leipzig Graduate School of Management	€41,600	Bachelor’s degree or equivalent 3 years of postgraduate work experience GMAT / GRE / HHL Entry Test scores IELTS – 7.0+ / TOEFL iBT – 90+ / TOEFL Essentials 9+ / TOEIC 850+ / Cambridge ESOL Level C scores
HSB – Hochschule Bremen	€17,000	Bachelor’s degree in business/economics or equivalent 2 years of work experience IELTS – 6.5 / TOEFL iBT – 90 or equivalent

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	1st prize – €12,000, 2nd prize – €6,000, 3rd prize – €3,000 More prizes are awarded to fourth to tenth-place winners Students must submit a video answering the following questions: Why are you passionate about the field of study you are pursuing in Germany?
DAAD Scholarship	Monthly stipend of €992 Students must have good academic performance and achievements
Heinrich Böll Foundation Scholarships	€992 per month plus health insurance and other allowances Students must showcase academic achievements, social engagement, and motivation
Konrad-Adenauer-Stiftung Scholarship	€992 per month for two years Students must have strong academic performance, possess B2-level German language skills engage in voluntary work plan for a minimum of four semesters in Germany have a broad education, and support democracy and human rights

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.