One app for all your study abroad needs
Renowned for its higher education standards, Germany is home to internationally ranked universities that provide a plethora of courses at almost null or economical costs. Referred to as “the land of poets and thinkers”, the country is increasingly becoming a preferred choice when it comes to attaining overseas education. More than 100 higher academic institutions offer an array of master’s courses in Germany in almost every field of study. Since, a degree like an MBA holds utmost importance if pursued by a global institution, studying this master’s program from Germany comes with a long list of perks. Through this blog, we aim to bring you a comprehensive guide on MBA in Germany, the specialisations offered eligibility criteria as well as top academic institutions.
| Courses Available | MBA | Executive MBA |
| Course Type | Full-time | Part-time |
| Program Duration | 1-2 Years |
| Eligibility Criteria | Bachelor’s degree in Economics, Industrial Engineering, or equivalent from a recognized university |
| GMAT score | 400 to 600 |
| Professional Experience | At least 1-3 Years |
| Annual Tuition Fees | EUR 10,400 to EUR 49,500 (INR 9.1 Lakhs to INR 43.4 Lakhs) |
This Blog Includes:
Why Pursue an MBA in Germany?
Along with the most alluring benefit i.e. cost of studying in Germany, there are numerous other attractions which make Germany a top study destination for your MBA degree. It is amongst the major countries with the best education systems having a standard grading system and implementing a unique mix of practical and theoretical understanding. Let’s take a look at some of the significant reasons why you should study in Germany and opt for an MBA in Germany:
- Germany, along with the United States, the United Kingdom, and Australia, is regarded as one of the top study-abroad destinations for MBA students.
- MBA salaries in Germany range from EUR 36,000 to EUR 73,500 per year (INR 31.6 Lakhs to INR 64.4 Lakhs).
- A degree from a German institution is highly renowned and recognised throughout the world, which might be useful for students wishing to pursue an international business career.
- Certain German universities offer an MBA programme to be completed in a single year.
- Foreign students can pursue an MBA in Germany without taking the GMAT at some of the country’s best colleges. Students must also have proven academic achievement, a satisfactory IELTS score, and relevant professional experience.
Focussing on the core concepts of Finance, Supply Chain Management, Operation Management, and Entrepreneurship Development, a Master’s in Management is quite popular in Germany. Want to know more? Read our blog on MIM in Germany.
Must Read: MBA in Germany Without GMAT
MBA in Germany: Eligibility Requirements
Most German business schools have the following MBA entry requirements:
- A bachelor’s degree in appropriate disciplines and a one-year master’s degree are required. Few universities in Germany recognise a three-year bachelor’s degree for MBA study.
- Certain German business schools may require valid GMAT/GRE results. While most German colleges simply demand a TOEFL score, applying for an MBA in Germany without a GMAT is possible.
- IELTS/TOEFL/PTE results are required as proof of English language ability for Indian candidates seeking an MBA in Germany. Colleges also prefer students who have a basic command of the German language.
- A minimum of 60% aggregate academic score is required.
- To pursue an MBA programme in Germany, several colleges also require an entrance exam.
- Some MBA programmes may demand 2-5 years of work experience. It is also a prerequisite for many universities in Germany.
Documents Required
To be admitted for MBA in Germany Eligibility, you must provide the following documents:
- Completed Application form for the desired University
- Transcript of Studies to Date
- Letter of Motivation
- Updated Resume
- GMAT /GRE scores
- IELTS / TOEFL / PTE scores
- Entrance exams scores if required
- Evidence of at least Four to Five Years of Work Experience (the number of years varies according to the university)
- Passport
- Student Health Insurance Certificate
- Most Current Photo (as for ID)
- German Student Visa
Pursuing higher education at a foreign university is a long-drawn and exhausting affair. And, if you are wondering what all important documents are required for a German student visa, read our blog on requirements to study in Germany for Indian students.
It is a lesser-known fact that you can pursue your career and study in Germany without any English language proficiency test. Want to know how? Let’s explore this possibility through our blog on the study in Germany without IELTS.
Application Process
Now that you’re aware of the entrance requirements for German business schools, here’s a quick rundown of the application process:
- Step 1: Research the requirements for MBA programmes in Germany at all of the universities to which you want to apply.
- Step 2: Take the relevant aptitude exams, such as the GMAT/GRE/IELTS/TOEFL, well in advance to obtain the scores.
- Step 3: Fill out an online application at each university’s website.
- Step 4: Complete and submit all required documents. Foreign applicants should have their paperwork evaluated by a uni-assist.
- Step 5: Once the documents have been approved, a final offer letter will be emailed to you.
- Step 6: Prior to final confirmation, students may be invited to attend a personal interview.
Want to get admission to your dream university abroad? Then, Register Here!
Top MBA Specialisations in Germany
Here is a list of the top MBA Specializations in Germany for Indian students interested in studying there.
| MBA in General Management | MBA in Entrepreneurship |
| MBA in Finance | MBA in Human Resources |
| MBA in Business (Others) | MBA in International Business |
| MBA in Marketing | MBA in Healthcare Management |
Top Universities and Their Fees
A renowned university possesses the ability to carve your career by providing you with the right knowledge and exposure to your field of interest. With its internationally renowned business schools, attaining your MBA degree in Germany can be a life-changing experience. The following table elucidates the popular public and private universities for MBA in Germany:
| University | Course | Duration | Application Deadlines | Total Tuition Fees (EUR) |
| Saarland University | MBA | 1 Year | 15 July 2023 | Late Registration: 30 Sep 2023 | 12,000 |
| University of Bayreuth | MBA: Healthcare Management | 1 Year | 25 Sep 2023 | 17,200 |
| ESMT Berlin | MBA | 15 Months | 22 Feb 2024 | 49,000 |
| Frankfurt School of Finance and Management | MBA | Executive MBA | 12 Months | 18 Months | 31 July 2023 | 42,000 | 49,500 |
| Munich Business School | MBA | 12 Months | 15 April 2023 | 32,000 |
| HTW Berlin | Master of Business Administration and Engineering (MBAE) | 18 Months | 28 Feb 2023 (Closed) | 12,500 |
| Reutlingen University (ESB Business School) | MBA: International Management | 12 Months | 30 June 2023 | 10,400 |
| Hochschule Pforzheim | MBA: International Management | 16 Months | 21 Months | 15 June 2023 | 4,400 (per semester) |
| GISMA Business School | Global MBA | 12 Months | Rolling | 18,000 |
| Technical University of Munich | Executive MBA in General Management | Executive MBA in Business and IT | Executive MBA in Innovation and Business Creation | 24 Months | Round 1: 30 June 2023 | Round 2: 31 July 2023 | Round 3: 31 Aug 2023 | 39,000 |
| WHU-Otto Beisheim School of Management | MBA | 12 Months | 31 May 2023 | 43,000 |
| RWTH Aachen University | MBA: Digitalization and Industrial Change | Executive MBA: Technology Management | 18 Months | 31 Aug 2023 | 30,000 |
| SRH Berlin University of Applied Sciences | MBA: General Management | MBA: International Healthcare Management | MBA: International Human Resource Management | Executive MBA: General Management | 1 Year | 18 Months | 31 May 2023 | 14,400 | 21,600 |
| Leipzig University | MBA | 15-21 Months | 31 May 2023 | 33,500 – 37,500 |
Explore: MBA Universities in Germany
Cost of Living in Germany
Germany is not an expensive study-abroad location when compared to other European countries. Nonetheless, Germany’s cost of living remains greater than India’s. The table below depicts a student’s regular/monthly expenses in Germany:
| Expense Type | Cost Per Month (EUR) | Monthly Cost Equivalent (INR) |
|---|---|---|
| Accommodation on Rent | 625 to 1,660 | 54,000 to 143,000 |
| Groceries | 168 | 14,500 |
| Gas and Electricity | 245 | 21,100 |
| Phone and Internet | 35 | 3,000 |
| Public Transport (Monthly Pass) | 70 | 6,000 |
| Entertainment | 12 | 1,000 |
Must Read: How to Find Accommodation in Germany?
Duration of MBA in Germany
The duration of your MBA programme in Germany varies by university. Full-time MBA and Executive MBA programmes in Germany typically last between 12 and 24 months. Certain courses grant a 15-month, 18-month, or 20-month exemption.
It should be noted that certain German universities provide flexible MBA courses in terms of duration, allowing you to pick between multiple types of courses.
Must Read: Cost of MBA in Germany
Scholarships
Scholarships are available to help students with their expenses. Among the most important are:
| Scholarship Name | Awarded to |
| Deutschland Stipendium | Amount/Benefit: 150 EUR (11,851 INR) |
| Heinrich Böll Scholarships | Amount/Benefit: 750 EUR (59,258 INR) per month |
| Marie Skolodowska-Curie Actions | Amount/Benefit: 3,000 EUR (237,035 INR) per month plus 600 EUR (47,407 INR) per month as transport allowance. |
Must Read: Education Loan for Germany
Jobs and Salaries
In general, completing an MBA in Germany permits one to land high-paying jobs in world-leading and well-known firms. In Germany, the average graduation salary following an MBA ranges from EUR 36,000 to EUR 73,500, or INR 31.6 Lakhs to INR 64.4 Lakhs:
| Job Profile | Annual Salary (EUR) | Indian Equivalent (INR) |
|---|---|---|
| Account Manager | 44,000 | 38.6 Lakhs |
| Area Manager | 53,400 | 46.8 Lakhs |
| Administrative Manager | 36,000 | 31.6 Lakhs |
| Project Assistant | 36,300 | 31.8 Lakhs |
| HR Manager | 50,000 | 43.8 Lakhs |
| Engagement Manager | 73,500 | 64.4 Lakhs |
Top Recruiters
In this section, we will cover the top recruiters for graduates who studied MBA in Germany.
Conclusion
You discovered extensive data regarding why taking an MBA in Germany is worthwhile in this MBA In Germany article. In the beginning, you learned why you should seek an MBA degree and the requirements for applying to MBA programmes in Germany. Finally, you discussed the scholarships and salaries of studying for an MBA in Germany as well as specifics on a few top recruiters.
FAQs
Ans. The availability of such a wide selection of MBA programmes has moved Germany to the forefront of global education. There are several additional reasons why Germany is the finest study-abroad destination.
Ans. Students only need to pay a semester fee of approximately 200-500 Euros per semester. There is no fee for Indian students to study MBA in Germany. Germany is the only country that offers overseas students free education. Yet, the cost of an MBA in Germany is 25 lakhs in private colleges.
Ans. Leading German institutions and colleges provide excellent English-taught Master of Business Administration (M.B.A.) degrees. Numerous German universities offer English-taught study programmes. You must have a basic understanding of the English language before beginning a programme.
Thus, we hope this blog has helped you understand the essentials of pursuing an MBA in Germany. Sorting out the complicated process of higher studies abroad can be an exhaustive task. If you are aspiring to study a management degree in Germany and don’t know where to begin, reach out to our Leverage Edu experts and we’ll guide you in selecting a suitable course and university as well as throughout the admission procedure to ensure that you get successfully shortlisted.
20,000+ students realised their study abroad dream with us. Take the first step today.
