An MBA program solidifying your managerial skills will promise you a 100% raise in your current salary or a huge promotion. Executive MBA in Germany is one of the most sought-after courses with the top business schools like ESCP Europe offering them. Germany stands in 22nd position in the Ease of Doing Business which means it is very easy to set up business in Germany. This makes the country a hub of employment opportunities which in turn has increased the demand for corporate education like an EMBA. Read the blog below to know everything about Executive MBA in Germany!
Also Read: Executive MBA in Mumbai
This Blog Includes:
- Why Pursue an Executive MBA in Germany?
- EMBA in Germany Syllabus
- Top Universities for Executive MBA in Germany
- Cost of Studying MBA in Germany
- Eligibility Criteria
- Application Process
- Job opportunities for an Executive MBA in Germany
- Scholarships in Germany
- MBA vs EMBA in Germany
Why Pursue an Executive MBA in Germany?
Germany has some of the best business schools in the world. Although the country’s first language isn’t English, most of their Executive MBA programs are taught in English to attract international students. Affordable programs combined with the best business education make Germany the ideal country for Executive MBA. The business schools offer a lot of flexibility to Executive MBA students in Germany so that they do not have to take a leave from their current job.
Read about the best student cities in Germany
EMBA in Germany Syllabus
This is what the syllabus for Executive MBA in Germany looks like:-
|Module 1-4||Business fundamentals, management functions, leading strategies|
|Module 5||Global network for advanced management|
|Module 6||Evidence-based management|
|Module 7-8||Innovation through technology|
|Module 9||Applied strategic international management|
|Module 10||Ethics and sustainability|
The modules also include learning from industry experts, study field trips to other nations and interactive management practice.
Checkout: Best Executive MBA programs in the world
Top Universities for Executive MBA in Germany
Having a German University on your CV will impress all your employers like no other university. Let’s have a look at some of the top universities for Executive MBA in Germany!
|European School of Management and Technology||Executive MBA|
|IESE Business School||Executive MBA|
|Mannheim Business School||ESSEC Executive MBA|
|WHU-Otto Beisheim School of Management||Kellogg Global Executive MBA|
|EBS Business School||Executive MBA Health Care Management|
|ESCP Europe||Executive MBA|
|Frankfurt School of Finance and Management||Executive MBA|
|RWTH Aachen University||Executive MBA|
|TUM School of Management||Executive MBA in Business and IT|
|Westfälische Wilhelms, University of Munster||Executive MBA Business Management|
Read about the best colleges for Executive MBA in the world!
Cost of Studying MBA in Germany
The cost of studying MBA in Germany is divided into two parts: tuition fees and cost of living. Check the details below:
Tuition prices for executive MBA programmes in Germany for overseas students vary by university. The average tuition for top executive MBA programmes in Germany ranges between 23,000 euros and 45,000 Euros per year.
Cost of Living in Germany
Germany boasts of affordable education for international students. There are currently 25,149 Indian students studying in Germany and it has seen a growth of 20.85%. The cost of studying for an Executive MBA in Germany by the top universities is given below:
|European School of Management and Technology||Rs.51.43 lakhs||18 months|
|IESE Business School||Rs.63.36 lakhs||15 months|
|Mannheim Business School||Rs. 42.78 lakhs||18 months|
|WHO-Otto Beisheim School of Management||Rs. 82.11 lakhs||2 years|
|EBS Business School||Rs.34.57 lakhs||18 months|
|ESCP Europe||Rs.60.42 lakhs||18 months|
|Frankfurt School of Finance and Management||Rs.41.05 lakhs||18 months|
|RWTH Aachen University||Rs. 33.71 lakhs||12-18 months|
|TUM School of Management||Rs. 33.71 lakhs||12-18 months|
|Westfälische Wilhelms, University of Munster||Rs. 15.36 lakhs||18 months|
Also check: Cost of studying in Germany
Adding to the cost of education is the cost of living incurred while studying Executive MBA in Germany. If you are pursuing it online then these costs are non-existent.
|Accommodation (apartment rent)||Rs.65,000/month|
To study Executive MBA in Germany, you have to have some years of work experience. The minimum work experience cutoff could be 5 years also and 12 years also depending upon the university. Other eligibility criteria required to fulfil by Indian students are as follows:-
- Undergraduate degree or equivalent professional qualification
- Minimum GMAT/GRE scores
- TOEFL/IELTS as proof of English proficiency
- 2 letters of recommendation
- Letter of employer support
- Updated CV
- Minimum years of work experience as a manager
Here’s a list of essential documents required to study abroad!
The process of applying to the top business schools for an Executive MBA in Germany is streamlined and easy to follow.
- Choose your preferred course and university
- Fill out your online application if you match their eligibility requirements
- If your application impresses the admission committee, you will be called for a personal interview. Learn how to ace an online interview here!
- If selected, you will be offered an acceptance letter
- Apply for a D visa or a National Visa
Read about the Master’s Courses in Germany
Job opportunities for an Executive MBA in Germany
Job opportunities improve in two ways after an Executive MBA in Germany. Firstly, your newly learned skills will earn you a raise and a promotion at a fast pace. Secondly, if you seek a job at a better position in a new company, the increased weight on your CV will get you your dream job.
The average salary of a graduate of an Executive MBA in Germany is Rs.98.04 lakhs and this makes Executive MBA, the highest-paid degree in Germany.
|Job Profile||Average Salary|
|Chief Corporate Officer||100,418 Euro|
|Chief Executive Officer||133,816 Euro|
|Chief Financial Officer||122,423 Euro|
|Human Resource Manager||84,999 Euro|
|Director of Operations||99,386 Euro|
|Marketing Director||88,582 Euro|
Check out the Part-time jobs in Germany
Scholarships in Germany
The scholarship is the most effective option for students to fund their expenditures while studying in Germany. Several scholarships are available at various German universities and colleges. Various business schools provide rewards to increase the diversity of their EMBA programmes. Here is a list of scholarships you can apply for to help pay for your executive MBA in Germany:
|Merit-based FS Scholarship||Varies|
|Merit scholarship, ESMT Berlin||17,850 Euro (Upto 30%)|
|Early bird tuition discount, ESMT Berlin||10,000 Euro|
|Furtwangen University, Berlin University||50% of tuition fees|
MBA vs EMBA in Germany
|MBA in Germany||EMBA in Germany|
|Teaches you the skills of a leader||Teaches you how to be a better leader in the existing position|
|2 years long program||1-year long program|
|Can be pursued full-time or part-time||Can be pursued part-time|
|The average tuition fee is Rs.31 lakhs-50 lakhs||The average tuition fee is Rs.15-50 lakhs|
|The average starting salary ranges from Rs.80 lakhs to 1 crore per year||The average salary is Rs.98.04 lakhs/per year|
|Have to take study leave from my current job for MBA||Don’t need to take leave as the course is part-time|
Also Read: MBA in Germany without GMAT
Ans. No, students are not required to learn German. The Executive MBA courses are taught in English.
Ans. Yes, it is designed keeping in mind your work commitments.
Ans. If you are working, you have to present an employer support letter to your university in Germany before applying.
Executive MBA or EMBA is a course that will boost your performance and grab attention wherever you go. The course’s ability to bring managers from all over the world in one class and polish their skills is very necessary for a company’s growth. More and more companies hire Executive MBA graduates considering them to be reliable. Waste no time, apply to Leverage Edu and see yourself in Germany in no time.