Master of Arts in International Business and Economics
4.3 /5- Public University
Talk to ExpertMaster of Arts in International Business and Economics at SUAS Overview
Master of Arts in International Business and Economics
at SUAS
Our counselors guided 1 student in securing admission to this course. Know moreSchmalkalden University of Applied Sciences offers Master of Arts in International Business and Economics at PG level. Available for Indian students, this course can be completed in 2 years. To be eligible, Indian students should have required scores in exams such as IELTS, TOEFL and PTE. Also, they have to submit all the mandatory documents as part of the admission process. For an Indian student the budget to study at Schmalkalden University of Applied Sciences should include tuition and cost of living. The first-year Schmalkalden University of Applied Sciences tuition fee for Master of Arts in International Business and Economics is Euro 26,348 (INR 2,917,514). The cost of living covers accommodation, food, travel, books, supplies and other expenses.
Duration | 2 years |
Tuition & Fees | ₹28.04 Lakh Get Fees details |
International Students Admission Website | Go to Website  |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Master of Arts in International Business and Economics
Table of contents
Master of Arts in International Business and Economics at SUAS Fees
Master of Arts in International Business and Economics
at SUAS
The fee breakup of the Schmalkalden University of Applied Sciences Master of Arts in International Business and 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. The first-year tuition fees Master of Arts in International Business and Economics is Euro 26,348 (INR 2,917,514). Students must note that the total expenses are subject to vary, depending on the additional charges set by the Schmalkalden University of Applied Sciences. Students can check the table given below to know more about Schmalkalden University of Applied Sciences Master of Arts in International Business and Economics fee breakup.
1st year tuition fees | Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 28,03,743 |
Other expenses in 1st Year | Fees components | Amount (for 1 year) |
|---|---|
| Insurance | INR 1,17,053 |
| Total approximate fees | INR 1,17,053 |
Calculated at the exchange rate of 1 Euro = INR 106.41198 | Tuition & expenses were last updated on 1ˢᵗ October 2026Download exam sample paper
IELTS
IELTS
TOEFL
PTE
Master of Arts in International Business and Economics at SUAS Entry Requirements
Master of Arts in International Business and Economics
at SUAS
Requirements for 12th grade
- No specific cutoff mentioned
Graduation
- 55%
- Read less
- Students must have an outstanding academic degree in Business Management Economics or related disciplines Bachelor Diploma or equal degree.
- Students should belong to the best 25% of graduates of their degree program. A confirmational letter from students university would be helpful for university to assess this qualification.
- In the case of a different study programme at least 50% of the content 90 ECTS should be in business administration or economics.
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GPA
Percentage
CGPA
Out of 4
TOEFL
- Marks - 86/120
-
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Convert your GPA to Percentage
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GPA
Percentage
CGPA
Out of 4
PTE
- No specific cutoff mentioned
IELTS
- Marks - 6.5/9
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
Conditional Offer
- Not mentioned
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Master of Arts in International Business and Economics at SUAS Application Process
Master of Arts in International Business and Economics
at SUAS
Step one
Prepare documents for application
ESSAYS
- A personal essay (in English)
CV
- Updated curriculum vitae
Step two
Additional documents required
- A copy of the birth certificate or a copy of the passport or identity card
- Officially certified copy (copies) of your university degree(s) and certified translation(s) into English or German
- One passport photo
- ToEFL or IELTS certificate
Step three
Start your online application
Step four
Application deadline
Winter (Oct): 15th June
*The dates specified are tentative dates as per the previous year records. Our expert counselors can help with exact deadline date. Connect with the expert now!
Schmalkalden University of Applied SciencesStudents Ratings & Reviews
4.3/5
9 Verified ReviewsStudent Views (Based on Reviews)
- 80% students never faced discrimination in this university
Vibe of Campus
Friendly
Academically oriented
Fun loving
Easy going
Internships3.7
Part time work3.9
Post study jobs4.1
Quality of faculty4.6
Student Life4.4
Value for money4.9
Public transportation4.2
Safety4.9
Indian Food3.6
Permanent Immigration4.3
A
Anonymous
MEng in Mechatronics and Robotics - Batch of 2023
4.0
A Good university for Practical Leaning and Career Development.
Tips: Students should be prepared for a different academic and cultural environment, especially with language, food and daily life. Initially, adapting to Germany required some time, but I gradually became comfortable with the culture and independent lifestyle. Overall, I was satisfied with my university and course because of the practical learning and supportive academic environment. Germany also provided good opportunities for international students and professional development.
Likes (Value for money): Value for money received a score of 5 because the cost of tuition was quite low compared to the level of education and practical experience I was obtaining. The class offered me a chance to get the required theoretical and practical experience, as well as success from experienced professors.
Dislikes (Indian Food): I rated the food options from my country of origin as 1 because there were no Indian restaurants in Schmalkalden, and Indian vegetarian food was not readily available. The locality mainly had German, Italian, Turkish and other European restaurants, with meals generally costing around 8-15 euros. I mostly preferred cooking Indian food myself.
Total Monthly ExpenseEuro 700
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 55000
A
Anonymous
MEng in Mechatronics and Robotics - Batch of 2027
4.4
A quiet town with quality technical education.
Tips: Students should know that Schmalkalden is a small and quiet town which is very different from big cities. The environment is peaceful and good for studying but entertainment and nightlife options are limited. The university has a good practical learning approach and modern labs, especially for engineering programs. However, students should be prepared to learn some German because it is very helpful for daily life and part-time jobs. It is also important to plan accommodation early because student dormitories fill up quickly. It is a good university for students who want a focused academic environment. The transition was a bit challenging at first because of the language barrier and cultural differences. In Germany, people are very punctual and organized and everything runs according to rules and schedules. Initially it took some time to adapt to the weather, food habits and the quieter lifestyle of a small town. However the university has a supportive international environment, and interacting with students from different countries helped me adjust. Over time, I became more comfortable with the culture and daily routine here. At the moment, I have not received any scholarship. Most students here usually support themselves through part-time jobs along with their studies. However there are opportunities such as the Deutschlandstipendium and other university or external scholarships that students can apply for based on academic performance or achievements.
Dislikes (Indian Food): Food options from my home country (India) are somewhat limited in Schmalkalden. Since it is a small student town, there are not many authentic Indian restaurants nearby. Most of the available options are small fast-food places such as doner kebab shops, pizza places, bakeries, and a few Asian restaurants. If someone wants proper Indian food, they usually have to travel to bigger cities like Erfurt or Frankfurt, where more Indian restaurants are available. Prices in local restaurants are generally around 5-10 for fast food and 10-20 for full meals. Because of this, many international students prefer cooking at home. Indian grocery items can be ordered online or bought from international stores in nearby cities. Personally, I mostly cook my own meals and eat outside occasionally.
Total Monthly ExpenseEuro 650
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.7
Affordable quality education in a peaceful student friendly town.
Tips: Before joining Hochschule Schmalkalden, students should know that it is located in a small and peaceful town, which makes the cost of living affordable and the environment very safe, but it also means there are fewer part-time job opportunities and less nightlife compared to bigger German cities. My transition after arriving was mostly smooth, although I experienced a cultural shift, especially with punctuality, independent study methods, and the importance of basic German language skills in daily life. Over time, it became easier to adapt because the university has a friendly international environment. I did not receive a specific scholarship; however, studying in Germany itself is financially manageable because public universities charge very low tuition fees and mainly a semester contribution.
Likes (Part time work): The programme at Hochschule Schmalkalden offers high-quality education with very low tuition fees compared to many other countries. Students mainly pay only a semester contribution, which includes administrative services and student benefits, while receiving strong academic support, modern laboratories, and practical industry-oriented learning. Additionally, Germany provides good career opportunities and the possibility of part-time work during studies, making the overall return on investment very favourable for international students.
Dislikes (Internships): Before joining Hochschule Schmalkalden, students should know that it is located in a small and quiet town, which is very safe and affordable but has fewer entertainment options and part-time job opportunities compared to larger German cities. After coming here, the transition was generally smooth, although there was a cultural shift, especially in terms of punctuality, independent study style, and the German language used in daily life. However, the university provides good academic support and an international environment, which helps students adapt gradually. I did not receive a specific scholarship, but studying in Germany itself is financially beneficial because public universities charge very low tuition feels and only a semester contribution.
Total Monthly ExpenseEuro 850
Prepping time for classes18 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.3
It is good and peaceful to live here, and the neighbours are also very supportive and helpful.
Tips: They are welcoming international students and giving them the support they need. It is so good to live here. Through expatrio, I am spending my monthly expenses. I am so satisfied with my course and university. I am learning more here and the exams are also good.
Likes (Permanent Immigration): The cost of living is less and we can lead a peaceful life here. I will permanently immigrate here as life here is healthy and easy. There is 80% chance for me to settle here. People's interaction is very low and they don't like to socialise much either.
Dislikes (Part time work): It is tough to get a part time job here as the opportunities are less compared to the students' population. Managing both studies and part time job is easy and the average payout is 14 euros. To easily get the part time job you must need German B1 level.
Total Monthly ExpenseEuro 650
Prepping time for classes12 hours/Week
Expected Annual SalaryEuro
A
Anonymous
MSc in Applied Computer Science - Batch of 2027
4.5
The University is stress-free and focused on student well-being.
Tips: It's a quiet town but very beautiful and peaceful. Perfect environment for students and studies. Everything is nearby, like the supermarket, Apotheke, Library, and Park. If you explore the town enough you'll find it quite charming. You will make lots of international friendships.
Total Monthly ExpenseEuro 700
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro
View All 10 Reviews
Master of Arts in International Business and Economics at SUAS Highlights
Master of Arts in International Business and Economics
at SUAS
- The Master of Arts in International Business and Economics programme reflects the idea to provide students - with a truly international approach in a unique programme and to prepare them for a successful professional career in business or for their subsequent research.
- Students will deepen and broaden their understanding of advanced business and economics issues on an international level and examine the philosophical and methodological foundations of these subjects
- The research-oriented programme offers a choice of courses in following the areas:
Accounting
Management
Advanced Economics
International Economics
Philosophy
Computer-Based Analysis
Master of Arts in International Business and Economics at SUAS Scholarships
Master of Arts in International Business and Economics
at SUAS
Scholarship information is not available. You can apply to non-college specific scholarships available for
Germany.
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Master of Arts in International Business and Economics at SUAS Contact Information
Master of Arts in International Business and Economics
at SUAS
Address
Schmalkalden University of Applied Sciences
Blechhammer
D-98574 Schmalkalden Germany
Schmalkalden ( Other - Germany)
Phone
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