MBA Salary in Germany: MBA Finance, HR, Marketing, Top Recruiters, and More

Germany is one of the most popular study-abroad destinations in Europe and is recognised as one of the best places to live with a robust economy. Students and professionals in the workforce from around the world are drawn to this nation because of its rich culture to further their professions. In this article, we will discuss in detail the MBA salary in Germany. 

Since SMEs account for up to 51% of the German economy, they provide both employees and recent graduates with a wealth of employment prospects. You have come to the right site if you have been wondering what careers look like in Germany following an MBA. This blog will cover numerous topics, including opportunities in Germany after an MBA. 

MBA Finance

Germany is home to many prestigious universities where students can pursue an MBA in Finance. After completing an MBA in Finance in Germany, you can expect to earn an average salary of €89,000. Let’s understand the average MBA salary in Germany after completing this course. 

The top job roles available after the completion of an MBA in Finance are: 

Job Profile	Average Annual Salary in Germany
Chief Executive Officer	€132,286
Chief Operating Officer	€127,792
Chief Financial Officer	€124,297
Associate Director	€111,250

Also Read: MBA Abroad for Indian Students

MBA HR

The field of human resources is highly sought after in Germany and around the world. Therefore, after earning your MBA in HR, you could land jobs with top businesses. After completing an MBA in HR in Germany, you can expect to earn an average annual salary of €48,000. Let’s see the average MBA salary in Germany after the conclusion of this program. 

The top job roles available after the completion of an MBA in HR are: 

Job Profile	Average Annual Salary in Germany
Human Resource Manager	€55,950
Chief People Officer	€187,781
Employee Relations Manager	€102,030
Executive Recruiter	$81,922

Also Read: Things to Consider for Your MBA Application Abroad

MBA Marketing

You have a wide choice of work options if you choose to pursue an MBA in Marketing in Germany. In Germany, the average pay after earning an MBA in marketing is €65,600. Let’s understand the average MBA salary in Germany after finishing this course. 

Have a look at the top job positions available after completing MBA in Marketing: 

Job Profile	Average Annual Salary in Germany
Marketing Executive	€32,248
Marketing Officer	€54,000
Digital Marketing Manager	€47,048
Marketing Strategist	€50,820

Also Read: MBA Engineering Management

Top Recruiters for MBA In Germany

After earning an MBA in Germany, there are numerous career and employment options available. Salary for MBA new hires in Germany ranges from €60,000 to €80,000 annually. Following an MBA, some of the top recruiters in Germany are:  

• BMW
• Mercedes
• Volkswagen
• Bayer
• Siemens
• Bosch
• Merck 

Also Reading: MBA in HR in the UK

Comparison to Other Top Countries

The earning potential after completing an MBA in Germany is very high. However, you should also be aware of the salaries offered in other countries. The table provided below compares the average salary after an MBA in Germany with other top countries. 

Country	Average Salary Range After MBA
Germany	€48,000 to €89,000
United States	$72,293 to $113,638
United Kingdom	£37,148 to £64,420
Canada	CAD 71,316 to CAD 85,230
Australia	AU$91,248 to AU$106,840
India	INR 687,938 to INR 1,484,534

Also Read: MBA in Finance in Germany

Top Universities in Germany for MBA

Your career will soar after you complete an MBA program at one of Germany’s finest universities. International students can find plenty of job opportunities in Germany after finishing this program, and the MBA salary in Germany is very impressive. The courses are not only thorough and useful, but also reasonably priced. As a result, the nation experiences a massive influx of foreign students each year. Here are some of the top universities in Germany that are offering MBA degrees: 

University	Course Offered	Tuition Fees	Duration
IU International University of Applied Sciences	MBA in Finance and Accounting	EUR 8,111 Per Year	18 Months
AKAD University	MBA HR Management and Talent Management	EUR 10,080 Per Year	18 – 24 months
Macromedia University of Applied Sciences	MBA Marketing	EUR 5,300 Per Semester	3 – 4 Semesters

Also Read: MBA vs. Business Analytics 

Eligibility Criteria

A student must fulfil certain requirements in order to be eligible to pursue an MBA in Germany. The following requirements must be met in order to pursue an MBA in Germany:

• Candidates must hold a 4-year Bachelor’s degree in business administration or a 3-year degree combined with a 1-year Master’s degree in order to enrol for an MBA program at a German university.
• A 3-year degree with relevant job experience is accepted by some universities. 
• In addition to the minimal criteria, institutions may further demand that applicants have successfully completed and achieved a specified level on the GMAT, IELTS, GRE, or TOEFL exams, as well as possess a fundamental knowledge of German. 
• A high degree of proficiency in German is also required for classes taught in that language. 
• Candidates must additionally pass language proficiency tests like TestDAF/DSH in order to be considered. 
• Finally, in order to enrol in the university, students might also need to take an entrance exam.

How to Apply for MBA in Germany?

Students may find the application process for the MBA in Germany to be a bit hectic. Thankfully, Leverage Edu can help you greatly speed up the procedure. 

We can assist you with your application process in the following ways: 

• Using our AI Course Finder, you may select the course you want to take.
• The experts at Leverage Edu will then start the application process for the institutions of your choice on your behalf. 
• The submission of essays, SOPs, LORs, TOEFL, IELTS, and other materials is essential to your application. Therefore, be careful to gather and prepare the necessary documentation. 
• Our experts will start your application for housing, student loans, and scholarships as soon as you submit your application and any necessary papers. 
• Wait till you get your offer letter, which should be there in 4-6 weeks.

Also Read: All About University of Portsmouth MBA in Strategic Leadership 

Documents Required

Here is a list of mandatory documents that you need to submit during your admission process for an MBA program in Germany:

• Completed application form
• Educational Documents
• Valid photo ID or passport
• Scores of Entrance Exams (if applicable)
• Transcripts (if required)
• Language Proficiency test scores
• Resume
• SOPs and LORs
• Other documents

Also Read: MBA in Australia Without Work Experience

FAQs

So, this was all about the MBA Salary in Germany. Many Indian students dream of pursuing education in foreign nations due to the exposure and career growth they offer. Consider joining a free counselling session with Leverage Edu if you plan to study abroad.