5 Best Business Schools in Germany for International Students

Germany offers a unique blend of academic excellence, practical experience, and a strong international focus, making it an ideal destination for studying business. Some of the best business schools in Germany include the University of Mannheim, Technical University of Munich, LMU Munich, RWTH Aachen University and several others. To find out more information about all these universities, then make sure you keep reading this blog post. In this blog, you will find all about their ranking, eligibility criteria, application process and much more. 

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5 Best Business Schools in Germany

Germany boasts a strong reputation for producing top-tier business schools. These institutions offer world-class education, rigorous academic programs, and excellent career prospects. Take a look at some of the best business schools in Germany, their ranking, eligibility criteria and how you can get admission into them. 

Munich Business School

A highly regarded international business school is located in Munich, Germany. It is renowned for its rigorous academic programs, strong industry connections, and global perspective. It is one of the top universities in Munich and is ranked #28 in the QS World University Rankings 2025. Moreover, it is considered one of the best German universities for its employer reputation, sustainability, and international research network.

Courses Offered

The top courses offered at Munich Business School include an MBA in marketing, financial management, innovation and entrepreneurship, sports management, and a BA in international business. 

Fees

• Bachelor International Business 

The cost of tuition is EURO 43,260 for the autumn 2025 admission and EURO 41,790 for the spring 2025 intake. The charge can be paid monthly or once a semester.

• Master’s Program

The tuition cost is EURO 24,900 for the spring 2025 entry and EURO 25,740 for the autumn 2025 enrolment. The charge can be paid monthly or once a semester. 

• MBA

The whole program cost is EURO 32,000 in tuition. The charge can be paid monthly or once a semester. 

• Incoming Exchange

The cost of tuition for up to 30 ECTS per semester is EURO 8,300. 

• Enrollment Fee

The MBA program entails an enrolment cost of EURO 1,490 for non-EU students and EURO 690 for EU/EFTA students.

• Deposit

The EURO 1,990 deposit for the MBA program is required at the time the study contract is signed. 

Eligibility Criteria

The eligibility criteria for the MBA at Munich Business School are as follows:

• Academic Requirements:

Bachelor’s degree or equivalent: You must have a completed Bachelor’s degree or an equivalent qualification from a recognised university.   

Relevant work experience: Most MBA programs require a minimum of two years of relevant professional experience after your Bachelor’s degree. However, Munich Business School may consider applicants with less experience under certain circumstances.   

• Language Requirements:

English proficiency: You must demonstrate proficiency in English. Accepted language tests include:

TOEFL iBT & Home Edition: minimum score of 85 (minimum of 22 in writing band, minimum of 20 in all other bands)   

IELTS & IELTS Online: minimum level of 6.5– Academic Module   

Duolingo English Test: Overall Score 115 or higher   

Pearson PTE Academic: Overall Score 56 or higher   

Cambridge: Minimum 173 or Grade B or higher   

• Additional Requirements:

Letter of motivation, academic transcripts, proof of English language proficiency, passport details page and recent passport-sized photo

Application Process

The application process for the MBA at Munich Business School typically involves the following steps:

Online Application:

• Visit the official Munich Business School website.
• Create an online application account.
• Complete the application form, providing details about your personal information, academic background, work experience, and English language proficiency.
• Submit the application fees.
• If shortlisted, you will be invited for an interview, which can be conducted in person, via video call, or by phone. 
• Once you get notified about passing all the rounds pay the enrollment fee.

Also Read: Reasons You Should Choose Munich to Study Abroad

GISMA Business School

GISMA Business School is a renowned institution offering a wide range of business programs, including undergraduate, postgraduate, and executive education. GISMA attracts students from around the world seeking quality education and international exposure. As for the ranking, the school ranks #42 in the QS Global MBA Rankings 2022. It is one of the most popular and extremely demanding international accreditations.

Courses Offered

The top courses offered at the GISMA Business School include Global MBA,  Strategic Management, Software Engineering, BSc Business Management, MSc International Business Management, and MBA among others. 

Fees

Here are the tuition fees for some courses at GISMA Business School: 

• MSc Business Management tuition is EURO 13,000 for students from the EU and Germany and EURO 15,500 for those from other countries.
• Global MBA: The 12-month program’s tuition is EURO 18,000.
• Additionally, GISMA provides students with customisable payment plans and incentives. There are rooms close to the university for between EURO 500 and EURO 700 a month, depending on the needs and financial situation of the student.

Eligibility Criteria

Below are the following eligibility criteria for getting admission to the GISMA Business School. Keep in mind that this criterion will vary for each program, so you might as well check the official website for the same. 

• Academic Requirements

Bachelor’s degree or equivalent: You must have a completed Bachelor’s degree or an equivalent qualification from a recognised university.

GPA or aggregate: A minimum GPA or aggregate score may be required, depending on the program.

Relevant work experience: Some programs may require a certain amount of relevant work experience.

• Language Requirements

English proficiency: This involves providing scores from a standardised English language test such as TOEFL, IELTS, or equivalent.

Other documents will include a statement of purpose, curriculum vitae, and letter of recommendation and finally, an interview will be conducted at the end to shortlist all the candidates. 

Application Process

The application process for GISMA Business School typically involves the following steps:

Online Application:

• Visit the official GISMA Business School website.
• Create an online application account.
• Complete the application form, providing details about your personal information, academic background, work experience, and English language proficiency.
• Pay the application fee.
• Prepare for an interview.
• GISMA Business School will notify you of the admission decision within a specified timeframe. If accepted, you will receive an acceptance letter and information about the enrollment process.
• Finally, pay the enrollment fee and complete the necessary paperwork to secure your place in the program.

Also Read: Best MBA Colleges in Germany

WHU – Otto Beisheim School of Management

The WHU – Otto Beisheim School of Management is a prestigious business school located in Vallendar, Germany. Founded in 1983, WHU is renowned for its rigorous academic programs, strong international orientation, and close ties to industry. In 2023, QS ranked WHU #59 for Global MBA. While, in 2024, QS ranked WHU #101 for Accounting & Finance.

Courses Offered

Top courses offered the Bachelor of Science in Business Administration, Bachelor of Science in International Business, Master of Science in Management, Master of Science in Finance, Master of Science in Entrepreneurship, and MBA are some of them.

Fees

The WHU – Otto Beisheim School of Management charges different tuition for different programs. These are a few of the costs for well-liked courses.

Top Courses	Fees
Bachelor in Business Psychology	EUR 8,500 per semester for three years
Master in Entrepreneurship	EUR 9,300 – EUR 10,100 per semester for 17–21 months
Bachelor in International Business Administration	EUR 8,500 per semester for three years
Full-time MBA	EUR 43,000
Part-time MBA	EUR 46,000
Global – online MBA	EUR 36,000

Eligibility Criteria

The eligibility criteria for WHU – Otto Beisheim School of Management vary depending on the program you are applying to. However, here are some general requirements:

• Academic Requirements:

Bachelor’s degree or equivalent: You must have a completed Bachelor’s degree or an equivalent qualification from a recognised university.

GPA: A minimum GPA is usually required, but the exact requirement varies by program.

Finally, make sure you look if the university requires for a certain amount of work experience from the students before taking admission. 

• Language Requirements:

English proficiency: You must have strong proficiency in English. You should have passed English proficiency tests such as TOEFL, IELTS, or equivalent.

Application Process

The application process for WHU – Otto Beisheim School of Management varies slightly depending on the program you are applying to. 

Online Application:

• Visit the WHU website and create an online application account.
• Complete the application form, providing details about your personal information, academic background, work experience, and English language proficiency.

Also Read: WHU-Otto Beisheim School of Management

Frankfurt School of Finance & Management

The Frankfurt School of Finance & Management is a prestigious business school located in Frankfurt, Germany. Founded in 1920, it is one of the oldest business schools in Europe and is renowned for its expertise in finance and management. The university ranks #45 in the world and #2 in Germany. The school was ranked #43 in the world for a Masters in Management.

Courses Offered

Some of the top courses offered at the Frankfurt School of Finance & Management include a Bachelor of Science in International Business Administration, Bachelor of Science in Finance, Master of Science in Finance, Master of Science in International Finance, Master of Science in Banking & Financial Services, Master of Science in Asset Management and MBA.

Fees

The tuition costs for the various programs offered by the Frankfurt School of Finance & Management differ: 

Top Courses	Fees
Full-time MBA	Total fees are EUR 42,250, including enrollment fees, with a deposit of EUR 5,000.
MBA for Executives	EUR 5,500 per semester for 1.5 years
Master in Blockchain & Digital Assets	EUR 8,875 per semester for 2 years.
Master in Management	EUR 8,875 per semester for 2 years.
Master of Finance	Tuition fees for international students are EURO 19500.0.
BSc in Business Administration	Tuition fees are EURO 15400.0.

Eligibility Criteria

The eligibility criteria for Frankfurt School of Finance & Management vary depending on the program you are applying to. However, here are some general guidelines:

• Academic Requirements:

Bachelor’s degree or equivalent, GPA or aggregate and relevant work experience

• Language Requirements:

English proficiency: You must have a strong command of the English language. This typically involves providing scores from a standardised English language test such as TOEFL, IELTS, or equivalent.

Application Process

The application process for Frankfurt School of Finance & Management varies slightly depending on the program you are applying to. However, here are the general steps involved:

• Online Application:

• Visit the Frankfurt School website and create an online application account.
• Complete the application form, providing details about your personal information, academic background, work experience, and English language proficiency.

Also Read: Universities In Frankfurt: A Comprehensive List

Mannheim Business School

The Mannheim Business School is a prestigious business school located in Mannheim, Germany. It is one of the leading business schools in Europe, known for its rigorous academic programs, strong international orientation, and close ties to industry. Moreover, the school ranks #487 in the QS World University Rankings 2025. The university is ranked fourth best in Germany for Social Sciences and Management. It is ranked first in Germany for Accounting & Finance, and second for Business & Management Studies and Economics & Econometrics. 

Courses Offered

Some of the top courses offered at the Mannheim Business School include Bachelor of Science in Business Administration, Bachelor of Science in International Business, Master of Science in Management, Master of Science in Finance, Master of Science in Entrepreneurship and MBA.

Fees

Here are the fees for some courses at the Mannheim Business School: 

Full-Time MBA

The course fee is EURO 42,500, and there’s a non-refundable application fee of EURO 150. 

Early bird discounts are available: EURO 4,000 if you apply by January 31, 2024, and EURO 2,000 if you apply by April 30, 2024. The final deadline is August 15, 2024. 

Part-Time MBA

The tuition fee is EURO 42,500, and there’s a non-refundable application fee of EURO 150. The tuition fee includes course material, career counselling, accommodation, gym access, and coffee breaks. You can pay the tuition fee in four instalments or in one payment at least 12 weeks before the program starts. 

Executive MBA

The tuition fee is EURO 55,000, and there’s a non-refundable application fee of EURO 150. The tuition fee covers tuition, required books, and accommodations during study trips. Early applicants who complete the application process by the end of the preceding year receive an EURO 4,500 discount. 

Eligibility Criteria

The eligibility criteria for Mannheim Business School can vary depending on the specific program you are applying to. Check out the eligibility criteria for getting into the Mannheim Business School:

• Academic Requirements:

Bachelor’s degree or equivalent: You must have a completed Bachelor’s degree or an equivalent qualification from a recognised university.

GPA or aggregate: A minimum GPA or aggregate score may be required, depending on the program.

Finally, some programs may require a certain amount of relevant work experience.

• Language Requirements:

English proficiency: This typically involves providing scores from a standardised English language test such as TOEFL, IELTS, or equivalent.

Application Process

As for the application process, the student will have to visit the official website and create an account. Fill in the application form along with all the required documents. 

Must Read: Mannheim Business School Scholarships: Complete Details Here

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