Schmalkalden University of Applied Sciences
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Master of Arts in International Business and Economics 

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Master of Arts in International Business and Economics
 at 
SUAS 
Overview

Student admits IconOur counselors guided 1 student in securing admission to this course. Know more

Duration

2 years

Tuition & Fees

28.24 Lakh
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Course Level

PG Degree

Master of Arts in International Business and Economics
 at 
SUAS 
Fees

icon1st year tuition fees
Fees componentsAmount (for 1 year)
Tuition & feesINR 28,24,242
iconOther expenses in 1st Year
Fees componentsAmount (for 1 year)
InsuranceINR 1,17,909
Total approximate feesINR 1,17,909
Info IconCalculated at the exchange rate of 1 Euro = INR 107.19 | Tuition & expenses were last updated on 4ᵗʰ December 2025

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Master of Arts in International Business and Economics
 at 
SUAS 
Entry Requirements

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Master of Arts in International Business and Economics
 at 
SUAS 
Application Process

Step one
Prepare documents for application
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ESSAYS
  • A personal essay (in English)
CV
  • Updated curriculum vitae

Schmalkalden University of Applied Sciences
Students Ratings & Reviews

4.3/5
Verified Icon3 Verified ReviewsInfo Icon
Student Views (Based on Reviews)
  • 100% students never faced discrimination in this university
Vibe of Campus
Academically oriented
Friendly
Fun loving
Multi-dimensional
Internships3.7
Part time work4
Post study jobs4
Quality of faculty4.7
Student Life4.3
Value for money5
Public transportation4
Safety5
Indian Food3.7
Permanent Immigration4.3
A
AnonymousVerified Icon
Master of Science in Applied Computer Science - Batch of 2027
5
A good combination of studies and life.
Tips: After coming here, everything was so different and nice at first, but then the language became a barrier that will affect your daily life. Scholarships are available and you need to study very hard to get those. But the experience was great and amazing for me.
Likes (Student Life): There are many parties and extracurricular activities always going on, and the students are very friendly. People from diverse backgrounds and countries, you'll have the opportunity to experience multicultural activities and make friends from various backgrounds.
Dislikes (Post study jobs): The faculty is very knowledgeable and employs an amazing teaching style. You will enjoy your time here, with great opportunities and work options available. You can be lucky enough to secure a working student job, collaborating with professors on a daily basis on the next big thing.
Total Monthly ExpenseEuro 600
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 40000
Reviewed on 25 Jul 2025Read more
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Y
Yash Malwade Verified Icon
MEng in Mechatronics and Robotics - Batch of 2026
3.8
Quality education in a safe and peaceful learning environment.
Tips: Students should know that the college is academically focused and well structured but located in a small city so part time jobs and nightlife are limited. The transition was smooth though there was a cultural shift towards punctuality, independence and structured systems which took some time to adapt to. I did not avail myself of any scholarships however there are options available based on merit and financial need. I am satisfied with the university, the course quality and the country especially in terms of education standards safety and work life balance.
Likes (Safety): The city is very calm, student-friendly and has a low crime rate. Apart from campus security, well-lit streets, reliable public transport and quick emergency services contribute to a strong sense of safety. Personally I have had only positive experiences in the city and never felt unsafe, even at night.
Dislikes (Part time work): Part-time work opportunities are limited because the city is relatively small. A few on campus positions are available but they are limited and highly competitive. Off campus opportunities within the city are also restricted so many students travel to nearby larger cities to find part time work in various areas. Managing part-time work alongside academics is generally possible if limited to around 20 hours per week. The average hourly pay ranges between 13 and 15 depending on the job type and location.
Total Monthly ExpenseEuro 750
Prepping time for classes25 hours/Week
Expected Annual SalaryEuro 60000
Reviewed on 17 Feb 2026Read more
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A
AnonymousVerified Icon
MEng in Mechatronics and Robotics - Batch of 2026
4
A supportive and career focused experience.
Tips: You will feel a complete shift if you come from Asian countries, say India. As you know it is a European country, culture difference is too different. If you are coming to Germany do learn to speak at least up to the B1 level of German. I did not get any scholarships but the allowance given is pretty good, somewhere around 1000. The course is very good, the only drawback is that the university is located in a remote place. If you are a hiking or sports person then this is a great place, the country is quite good.
Likes (Quality of faculty): The teachers are very friendly and we can ask any questions at any given time. Every lecture is about 1.5 hours and they guide us in a very good way but most of the studies should be done by us. Almost everyone is German, but they speak very good English.
Dislikes (Indian Food): I am from India and to find an Indian restaurant I have to travel at least 1.5 hours to Eisenach or Erfurt. But apart from that there are pretty good options here. I prefer cooking at home, but sometimes like 2-3 times a month I eat in a restaurant.
Total Monthly ExpenseEuro 700
Prepping time for classes20 hours/Week
Expected Annual SalaryEuro 50000
Reviewed on 26 Feb 2026Read more
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Master of Arts in International Business and Economics
 at 
SUAS 
Highlights

  • 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

Scholarship information is not available. You can apply to non-college specific scholarships available for Germany.
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About the author

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Loveleen Sharma

Study Abroad Expert

Loveleen is a seasoned content writer with 4+ years of experience, currently writing for Shiksha. When he is not writing and helping students, he can be found at the movies, reading fiction, and learning a new language.

Master of Arts in International Business and Economics
 at 
SUAS 
 
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Master of Arts in International Business and Economics
 at 
SUAS 
Contact Information

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Schmalkalden University of Applied Sciences
Blechhammer
D-98574 Schmalkalden Germany

Schmalkalden ( Other - Germany)

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