We all think of great heights about Germany when it comes to the field of education and universities. Although the nation is renowned for its rich tradition of technology and automotive education, its courses in engineering management also have a prominent place in the world. Most students who want to study abroad want to study in Germany. Germany has specific varieties of universities and colleges, providing engineering management courses that glean to your specific needs. If you are one who wishes to pursue MEM in Germany, then stay tuned with us till the end of this blog.
This Blog Includes:
What is MEM?
Before venturing out into detail about MEM in Germany, let us first explore what is MEM? MEM or also known as Masters of Engineering Management is specialised Masters degree and program which is specially made for engineering graduates. This specialised degree of MEM acts like a link or bridge between 3 things that are:
- Technology or IT
As the name suggests, MEM or Masters in Engineering Management is a specialised degree which solely aims at managing, optimising and also inventing the suitable output of engineering processes with the help of various tools and principles of business management.
Why MEM In Germany?
There are many free universities in Germany, campuses, and public universities charge most foreign students internationally with minimal or even no tuition fees! The only fees paid by Accredited institutions are administration fee which is somewhere in between EUR 100 to EUR 200 (INR 8,872 to INR 17,744) a year, which are supposed to cover educational facilities, such as university bus passes or student cafés. Several organisations in Germany provide scholarships to foreign students. This includes naming a few, academic institutions, scientific institutions, government departments and companies. Engineering bursaries are either committed to paying your tuition fees (if necessary) or to funding at least a portion of your financial accounting expenses, such as lodging, research materials, etc making it easier for you to finance your MEM in Germany. Germany is one of the top tourist destinations in the world on the list of non-English-speaking countries that are very popular.
You must recognise that the standard of living is lower as comared to certain areas in Europe, such as the Scandinavian countries if you plan to study MEM in Germany. In some of the minor German cities, students will reduce their expenditures to as low as EUR 700 per month (INR 62,108). Along with pursuing MEM in Germany, foreign students are able to work up to 720 hours or 90 complete days a year. Part-time jobs are easy enough to find and a perfect way to make some extra cash, costing 7 to 8 euros (INR 621- INR 709) per hour. Germany has always been in the forefront of cutting-edge science, hence making the country one of the most favourable destinations to pursue MEM in Germany.
Also Read: MEM vs MBA: Top Universities, Career Scope
Eligibility Criteria for MEM In Germany
Undertaking a master’s programme in Germany or MEM in Germany, requires a certain level with a composite of at least 65 per cent in a related area, the below are obligatory criteria for pursuing MEM in Germany –
- A Certificate or a 4-year Engineering Bachelor’s Degree from a recognised and authorised university
- All official transcripts and academic records
- English Proficiency Exam Scores such as IELTS, TOEFL, or PTE (if the medium of the study of the university is English)
- Minimum 2 letters of recommendation
- Resume or updated CV
- Job Referral signed if currently hired, by the CEO and HR Manager
- Statement of Purpose
- Welfare Assistance Declaration
- Health coverage for Wellbeing
- German Visa for students
- Valid Passport
Cost of MEM in Germany
The details related to the cost of MEM in Germany are mentioned below:
- German educational universities do not charge tuition fees in order to obtain higher education.
- For a 2 years length MEM program in Germany, the estimated average semester fees can be around Rs. 1 lakhs to 7 lakhs for an international student.
- While this number may sound too much, compared to other top research destinations overseas, such as the US, Canada, Australia, etc., it is much less.
- Another additional bonus of pursuing MEM in Germany from any German Universities, apart from no tuition fees, is that the GMAT ranking is not a required prerequisite, making it easier to gain admissions.
Must Read: Study in Germany Without IELTS
List of top Universities in Germany
Tabulated below are the top universities to pursue MEM in Germany
|UNIVERSITIES||Estimated Average||Duration of the MEM Program|
|Technical University of Berlin||82,000- 83,000 (Student Fees)||4 semesters|
|HTW Berlin||11.3 Lakhs (program fees) + 9,780 per semester||3 semesters|
|Technical University of Munich||12,500- 13,500 (Student Fees)||4 semesters|
|Hamburg University of Technology||28,000- 28,500 (per semester)||4 semesters|
|Hector School of Engineering & Management||6.7 Lakhs per semester||4 semesters|
|RWTH Aachen University||No tuition fee charged||4 semesters|
|FH Aachen||No tuition fee charged||3 semesters|
|SRH Hochschule Berlin University||5.8 Lakhs per semester||3 semesters|
|IUBH University of Applied Sciences||6.3- 6.5 Lakhs per semester||3 semesters|
|Heilbronn University||1.3- 1.5 Lakhs per semester||3 semesters|
It is not a new thing if we say that every one of us wishes to have a stable professional life that can give us maximum returns in our future. As freshers, we all dream to get a respectable and a reputable designation at the top-notch MNC across the world. Having said that, time is continuously changing in every field of study. People or recruiters don’t just want to hire great degree holders but also skilled professionals who can add value to their organisation. Here is the list of top-paying jobs that the industry demands right after pursuing MEM in Germany.
- Project engineer
- Project manager
- Cost or System analyst
- Cost engineer
- Operations manager
- Technical manager
- Patent Examiner
- Plant manager
- Portfolio Analyst
- Senior Consultant
- Strategy consultant manager
After finishing the MEM degree, the average income for candidates from any top business school was around USD 70,000 to USD 90,000 (Rs 51,13,759 to Rs 65,74,833 ) a year. Depending on the organization and the towns, the numbers primarily vary significantly.
The skills required after pursuing an MEM in Germany, to have a good career scope are mentioned below:
- Good Communication skills
- Teamwork spirit
- Organizational skills
- Product development
- Technical skills
- Interpretational skills
- Data analysing
- Leadership skills
- Managerial skills
- Technology Assessment
- Problem-solving skills
Explore: MEM in USA
We hope through this blog, we were able to answer all your queries regarding pursuing a degree of MEM in Germany. For more information, consult our experts at Leverage Edu. Sign up for a free session with us today!