BSc in Economics
4.1 /5
- Public University
Talk to ExpertBSc in Economics at OVGU Overview
BSc in Economics
at OVGU
Otto Von Guericke University Magdeburg offers courses at UG level. The course lasts for a duration of 3 years. It is among the top-ranked courses in the country. To be eligible for the course, the students must fulfil the eligibility criteria, which includes valid score in exams such as IELTS, TOEFL and PTE. Also, the students have to make budget for the other costs which includes:
- Rent
- Hostel fees
- Food
- Books
- Supplies
- Utilities, etc.
Duration | 3 years |
Tuition & Fees | |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | UG Degree |
BSc in Economics
Table of contents
BSc in Economics at OVGU Fees
BSc in Economics
at OVGU
The fee breakup of the Otto Von Guericke University Magdeburg BSc in Economics includes the first-year tuition fee and cost of living. The cost of living will include expenses like rent for accommodation, meals, and other utilities. Students must note that the total expenses are subject to vary, depending on the additional charges set by the Otto Von Guericke University Magdeburg. Students can check the table given below to know more about Otto Von Guericke University Magdeburg BSc in Economics fee breakup.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 0 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 1,17,016 |
| Semester Ticket/Transportation | INR 63,827 |
Calculated at the exchange rate of 1 Euro = INR 106.37781 | Tuition & expenses were last updated on 25ᵗʰ June 2025Download exam sample paper
IELTS
IELTS
TOEFL
PTE
BSc in Economics at OVGU Entry Requirements
BSc in Economics
at OVGU
Requirements for 12th grade
- No specific cutoff mentioned
- Applicants must have a High School diploma from a recognised institute or international equivalent with good grades
Convert your Percentage to GPA
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GPA
Percentage
CGPA
%
TOEFL
- No specific cutoff mentioned
PTE
- No specific cutoff mentioned
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Convert your Percentage to GPA
Calculate your score and check your eligibility at over 2000+ universities.
GPA
Percentage
CGPA
%
IELTS
- No specific cutoff mentioned
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- IELTS: Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
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BSc in Economics at OVGU Rankings
BSc in Economics
at OVGU
University Ranking
| Rank | Rank Publisher |
|---|---|
| #651 | |
| #321 | |
| #801 |
Otto Von Guericke University MagdeburgStudents Ratings & Reviews
4.1/5
54 Verified ReviewsStudent Views (Based on Reviews)
- 45% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Multi-dimensional
Easy going
Internships3.5
Part time work3.5
Post study jobs3.7
Quality of faculty4.4
Student Life4.4
Value for money4.6
Public transportation4.7
Safety4.6
Indian Food3.5
Permanent Immigration3.8
V
Varun Pulipati
Master of Science (M.Sc.) in Systems Engineering for Manufacturing - Batch of 2023
4.2
Focus on you goal and you find unlimited opportunities to learn
Tips: Germany is a cold country and when it comes to people. They are cold too. It's hard to make friends from this nation but as a student you will find and many group from our country. So student life will be joyful. Obviously one will face many culture shocks, food, punctuality, and planning everything.
Likes (Value for money): There is no tuition fee and the registration and student membership and transport fee is minimal. If one is interested to learn about different subjects you can take subjects from other course too, no body stop you from learning. Professors are helpful and you can do research and find student job under them.
Dislikes (Permanent Immigration): The city is small and you find very less industries in and around the city. You have to move to other cities to find, internship, or full-time jobs. So it will be obvious that you settled in a different city. People often move to southern states or even West to find career opportunities. But, overall you will definitely find a job and find your chance to permanent settled here in Germany. Unless you don't stop trying. One who doesn't give up will find a good opportunity to settled here. Remember patience and perseverance is the key here.
Total Monthly ExpenseEuro 650
Prepping time for classes5 hours/Week
Expected Annual SalaryEuro 48000
A
Anonymous
M.Sc. Chemical and Energy Engineering - Batch of 2024
4.4
Supportive campus environment.
Tips: It was a bit easier for me as my cousin was also staying in the same city as I was. So I was ahead in everything and was aware of what to do, when to do and how to do. I haven't availed of any scholarships. I am liking this country in many ways but I still prefer my homeland. If given a chance, I have to settle down somewhere else besides India; it surely will be Deutschland.
Total Monthly ExpenseEuro 1600
Prepping time for classes24 hours/Week
Expected Annual SalaryEuro 65000
A
Anonymous
M.Sc. Chemical and Energy Engineering - Batch of 2027
3.7
Compared to Indian Institutes, German Public Universities are far better.
Tips: There are a few scholarships that are available. We can apply for them and get financial aid. I am very much satisfied with my university, with a very good number of International students, sharing cultures, etc. If you have a chance to come, then you can definitely choose Germany.
Total Monthly ExpenseEuro 700
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 52550
A
Akshay jain
Master of Science In Data and Knowledge Engineering - Batch of 2025
4.4
Overall, it's a university with the best ROI in Germany.
Tips: Finishing a degree in 2 years is very rare. Everyone takes more than 2 years to finish the degree. It is not easy with a job and all. But I was good at tech so I found a full-time senior engineer job before finishing my course. The course is very good, there are some restrictions and guidelines pertaining to degree buckets. You might have to study some courses in order to just meet the degree requirements, even if you are not interested.
Likes (Student Life): Magdeburg is very affordable. In 300 Euros, you will find a room even in 2026, the cheapest among all the cities. The university organizes job fairs and other events. You can't ask for more for the price. IKUS is a community funded by the university which organizes various events. But there are no part time jobs available without German language.
Dislikes (Quality of faculty): The faculty are great but their teaching style is very different from India. Don't expect the same. Faculty uses the slide theory method which bears very basic information, but the real learning happens from Ubung classes. The teaching faculty is pretty diverse but students are mostly Asian.
Total Monthly ExpenseEuro 650
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 58975
A
Anonymous
Master of Science in Digital Engineering - Batch of 2024
4.1
Research oriented, and supportive.
Tips: Knowing the German language is always helpful to survive and have a good social life. It's also easy to get a job based on language proficiency. Before starting this study course, it's also good to know programming and its basics. There is an option of scholarship; however, I did not take one.
Likes (Public transportation): Public transport connectivity is good for daily travel. Ticket prices are included in the semester contribution. Now the monthly pass to travel with regional transport all over Germany is also possible, the price of which is also included in the semester contribution.
Dislikes (Part time work): Part time options, in general are limited to language proficiency. If you are able to speak German then there are more options. As a student, 20 hours per week in part time is quite manageable. The studies are more demanding as it's a technical university.
Total Monthly ExpenseEuro 900
Prepping time for classes30 hours/Week
Expected Annual SalaryEuro 63675
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BSc in Economics at OVGU Highlights
BSc in Economics
at OVGU
- BSc in Economics is offered by Otto Von Guericke University Magdeburg
BSc in Economics at OVGU Scholarships
BSc in Economics
at OVGU
Scholarship information is not available. You can apply to non-college specific scholarships available for
Germany.
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BSc in Economics at OVGU Contact Information
BSc in Economics
at OVGU