MIM in Germany: Universities, Cost, Eligibility

Germany has emerged as a great alternative in the last few years to the likes of the US, the UK, and Canada for pursuing an MIM. It is not just the fact that you don't have to pay high tuition fees, but you also get a very similar academic environment, one that encourages practical implementation, an early exposure to the industry, and an improved work-life balance. 

The country is blessed with some of the best business schools in the world, like the TUM School of Management, Frankfurt School of Finance and Management, and the HHL Leipzig Graduate School of Management, all of which offer great career opportunities to their students in the future.

Why Study MIM in Germany?

Mostly because of the money you save, while also not compromising on the overall quality of studies. MIM degrees from Germany are recognized globally, and you get a better understanding of how to leverage technology in business. MIM in Germany tends to use a more research-focused lens, as compared to the US, which gives priority to professional skills. 

Mentioned below are some key reasons why an MIM in Germany can be the right choice for you:

• Affordable: You don't have to pay tuition fees to pursue an MIM in Germany at public universities. Also, most German cities are much more affordable to live in as compared to cities in the US, Canada, and the UK. 
• Research Driven: Academics and research are taken very seriously. There is a consensus on using data analytics to identify the strong and weak points in a business.
• Industry Ties: Universities in Germany tend to maintain strong connections with global brands like Amazon, Microsoft, Google, and BMW, and help their students gain valuable exposure to the industry through internships, even before graduation. 
• Less Work Experience Required: Most universities don't require prior work experience, which isn't the case if you wish to pursue an MIM in the US, where you need to have a decent level of experience to be admitted into the program of your choice.

Best MIM Specializations in Germany

You get a very diverse pool of options to choose from when it comes to an MIM in Germany.  If you're interested in managing people, then an MIM in General Management can be a good choice for you. If technology intrigues you or you're good at numbers, you have those options available too. 

Mentioned below are some of the popular MIM specializations you can choose from in Germany:

• MIM in General Management is the basic one that has a broad curriculum and covers all the main functions of a business. 
• If you're good at crunching numbers, analysing business reports, or identifying investment opportunities, then you should consider an MIM in Finance
• An MIM in Business Analytics or Data Science is the perfect choice for you if you're interested in a role that blends management and tech.

Engineering Management, International Business, Supply Chain Management, Entrepreneurship, and Human Resources are some of the other popular specializations you can choose from.

Top Universities in Germany for Masters in Management

QS World considers WHU Otto Beisheim as the best university for MIM studies in Germany. But considering its low acceptance rate of around 35%, it is wise to also consider other universities as well. Mentioned below are some of the best alternatives for you to consider for an MIM in Germany:

University	QS World Management 2026
WHU Otto Beisheim	#22
University of Mannheim, Business School	#26
TUM School of Management	#28
Frankfurt School of Finance and Management	#47
EBS University for Business and Law	#64
ESMT Berlin	#100
HHL Leipzig Graduate School of Management	#101-110
EU Business School	#111-120
Kuhne Logistics University	#151-200

MIM in Germany Eligibility for Indian Students

If you're aiming for the best business schools in Germany, you would have to maintain very good academics and satisfy the requirements mentioned below:

• A UG degree from a recognized college or university in India
• Minimum GPA of 3.0 on a 4.0 scale 
• Valid score in the GRE or GMAT
• German language proficiency (depends on the program)
• Prove proficiency in English by IELTS or TOEFL scores
• Any other course-specific requirement

MIM in Germany Requirements for Indian Students

As an Indian student, you would also have to get your identity and academic credentials verified by the concerned authorities, and are required to carry the following documents for the same:

• 2-3 Letters of Recommendation
• A Resume or CV
• Statement of Purpose
• Prior Work Experience of 1-2 years (for some courses)
• APS Certificate
• Admission Essays

Cost of studying MIM in Germany

For an MIM in German Public Universities don't tend to charge any tuition costs. However, if you're pursuing the program at a private university or business school, then the MIM in Germany fees can fall anywhere in the range of INR 2 L-INR 40 L, depending on the specialization and the business school you opt for.

Mentioned below are the tuition costs at some of the prominent business institutions in the country:

University	MIM Tuition Cost
University of Bremen	INR 17.3 L
University of Tuebingen	INR 2.73 L
Technical University of Kaiserslautern	INR 2.3 L-INR 3.65 L
IU International University of Applied Sciences	INR 9.2 L
University of Applied Management Studies	INR 7.5 L-INR 7.95 L
Frankfurt School of Finance & Management	INR 18.58 L

Also read: Cost of Living in Germany for International Students

Cost of Living in Germany for Indian Students

The cost of living comes down to the standard of living you decide to pursue. A general breakdown of estimated costs is mentioned below:

Particular	Monthly Cost in EUR	Monthly Cost in INR
Rent	EUR 714-EUR 1,252	INR 73.5 K-INR 1.28 L
Transportation	EUR 52-EUR 74	INR 5.3 K-INR 7.6 K
Health Insurance	EUR 80-EUR 130	INR 8.2 K-INR 13.4 K
Food	EUR 250-EUR 450	INR 25.7 K-INR 46.3 K
Internet and Phone Bill	EUR 48-EUR 95	INR 4.9 K-INR 9.8 K
Personal Costs	EUR 50-EUR 110	INR 5.1 K-INR 11.3 K
Utilities	EUR 212-EUR 519	INR 21.8 K-INR 53.4 K
Total Cost	EUR 1,406-EUR 2,740	INR 1.44 L-INR 2.82 L

Source: Numbeo

Scholarships to study MIM in Germany

If you're enrolled at a private university in Germany, you can reduce your overall financial burden by applying for a scholarship. The government and universities both offer several scholarships to students based on need and merit. Here are some of the popular ones you can apply to as an Indian student:

1. DAAD Master Scholarships for all Disciplines

• EUR 992 (INR 1.02 L) per month
• Annual Study Allowance worth EUR 460 (INR 47.3 K)
• Travel Allowance and a Health Safety Allowance
• Prove academic merit and be enrolled in a Master's program

2. Deustschlandstipendium

• EUR 300 (INR 30.8 K) per month from the federal government and private sponsors for a period of two semesters
• Show academic quality
• Can be extended depending on academic performance

3. Frankfurt School of Finance and Management Master's Scholarship

• Partial tuition fee cover (varies)
• Awarded to students with excellent academics

Jobs After MIM in Germany

There's a very high demand for MIM graduates in Germany, due to their multiskilled nature of being good at both managing people and leveraging technology. This is reflected in the salaries they are paid by some of the global giants like Amazon and Wayfair, as mentioned below:

Oragnization	Average Salary in EUR	Average Salary in INR
Amazon	EUR 92,650	INR 95.4 L
Koch Media	EUR 52,000	INR 53.54 L
NXP Semiconductors Inc.	EUR 60,000	INR 61.78 L
Wayfair	EUR 35,000	INR 36.04 L

Source: Payscale

Struggling to choose between MBA and MIM? Check out the video below and get the answers to all your questions:

Akash Gaur11-13-2025 14:19