MBA Colleges in Germany

MBA Colleges in Germany

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Rahul
Rahul Singha
Study Abroad Expert
Updated on Apr 9, 2024 20:12 IST

MBA in Germany: Germany has emerged as a hot spot for international students looking to study MBA in Germany. State-of-the-art universities, world-class amenities and a curriculum that combines practical knowledge with theoretical know-how have made Germany one of the top destinations for MBA in Germany for Indian students.

MBA in Germany

Study MBA in Germany: Germany is often described as the land of ideas and opportunities. A major hub for technology, research, and innovation, Germany is one of the most sought-after countries for international students looking to pursue their MBA. An attractive destination for knowledge seekers, Germany takes its education system very seriously.

The country features state-of-the-art infrastructure, world-class facilities, and no tuition fees, making Germany one of the most sought-after destinations for MBA studies, worldwide. All students looking to pursue a Masters in Business Administration (MBA) are informed that most publicly funded universities in Germany levy no tuition fees. Students are however required to pay an Administration Fee at the beginning of every academic year.

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Germany boasts of having the largest and most stable economy in the whole of Europe and ranks 4th in the world as reported by the World Bank. The country enjoys being a haven for higher studies, especially in the field of Business Administration. Historically speaking, Germany is home to great minds such as the famous physicist, Albert Einstein; philosopher, Karl Marx and has a rich history dating back to the Second World War.

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As the country continues to strive towards development with its prominence in research and development, there remains little doubt that Germany is the country for pursuing your Masters – especially if research is what interests you.

Why Pursue an MBA from Germany?

Master of Business Administration (MBA) is considered to be one of the most recognized degree programs worldwide. It is well known for its curriculum that combines theoretical knowledge with practical experience. Candidates with an MBA degree from a recognized university can choose from a variety of career options.

Pursuing a degree in MBA from Germany not only educates the student with managerial skills but also teaches him to interpret the latest business trends and successfully implement them in the future. Popular Universities in Germany through the use of various multimedia tools can challenge the students on multiple levels to refine their management skills. Read: Top MBA Universities Abroad

Why Study MBA in Germany?

Germany as a business education destination offers a wide range of MBA opportunities and sustainable career prospects. Professionals who are looking to play the role of aspiring managers are looking at pursuing an MBA from Germany because of its high-quality education, affordable courses, and the presence of a robust economy.

Students looking to pursue higher education in Germany have the benefit of being able to choose from a large pool of programs and schools. Students can choose from hundreds of MBA courses, offered in the country by all kinds of institutions of higher education such as business schools, art schools, colleges, technical colleges, universities, and universities of technology which are either private or state-funded.

The universities in Germany have dual in-takes for one calendar year, i.e. in January and September. However, there are very limited admissions for the January session. Students who select Germany as their preferred destination for an MBA can either opt for the classic MBA Degree which generally centres around general management or opts for a more unconventional choice and enrol on specialized MBA Programmes which would expand to niche industries such as healthcare management, consulting and logistics to name a few. The very fact that students can choose from such a vast array of MBA courses, has put Germany on the global education map. 

Best Universities for MBA in Germany

Education in Germany is relatively cheaper than in other European countries. Most of the state-funded universities offer free-of-charge higher education programs. Some highly specialized courses, however, might attract tuition fees. Candidates are required to pay an Administration Fee at the start of each year.

For candidates pursuing an MBA in Germany, it is possible to get an MBA degree via different modes. Students can opt for the MBA full-time study program, which would take between 12 to 24 months to complete depending on the programme, state, and university. Students can also opt for the MBA half-time study program, where candidates would be employed with an organization and required to study in the evenings or over the weekends. Because of the limited study time, the duration of the course would be much longer. Read: Top Universities in Germany

University QS Global MBA Rankings 2023

Course Duration

First-Year Tuition Fee

Frankfurt School of Finance & Management
Frankfurt am Main, Germany
#45

Masters in Business Administration

INR 38,23,260

Mannheim Business School
Mannheim, Germany
#46

Mannheim Full-Time MBA

INR 38,68,775

WHU (Otto Beisheim)
Koblenz, Germany
#58

Full-Time MBA

INR 39,14,290

HHL Leipzig Graduate School of Management
Leipzig, Germany
#121-130

MBA

INR 35,95,685

EU Business School
Barcelona, Germany
#141-150

Master of Business Administration (MBA)

INR 19,93,557

Hochschule Bremen
Bremen, Germany
#251+

MBA Global Management

INR 14,47,377

Students who decide to keep working during their MBA Degree program can also opt for the Executive MBA model. In this model, the students sign an agreement with their employer and are also financed by them. This MBA program is designed for Executive Managers and is structured very tight. The last method is pursuing your MBA through Distance Learning, where students are required to pursue their course and study from home.

The table below lists the top universities for business and management studies as per Times Higher Education World University Rankings, 2024.

University Times Higher Education World University Rankings: Business & Management

Course Duration

First-Year Tuition Fee

Technical University of Munich

30

Executive MBA in Innovation and Business Creation

INR 15,59,415

Ludwig Maximilians University (LMU) Munich 38

Executive Master of Insurance

INR 22,79,145

RWTH Aachen University 90

MBA in Digitalization & Industrial Change

INR 0

University of Hamburg 136

MBA in Health Management (In German)

INR 13,92,759

Other Universities/Colleges for MBA in Germany

  1. GISMA Business School, Hannover
  2. University of Cologne, Cologne
  3. Pforzheim university, Pforzheim
  4. IU International University of Applied Sciences, Berlin
  5. Berlin School of Economics and Law
  6. SRH Berlin University of Applied Sciences, Berlin
  7. Bremen City University of Applied Sciences, Berlin
  8. CBS International Business School, Cologne

Germany MBA Fees

MBA in Germany Cost: Candidates looking to study MBA in Germany would be required to pay between 300 - 400 euros or INR 26,500 - 35,000 Indian rupees as an MBA in Germany costs across Public Universities. The Germany MBA fees across private universities are comparatively much higher. Candidates would be required to pay around €43,000 or INR 37 Lakhs for the entire programme.

Cost of Living in Germany

Living in Germany, on the other hand, is at par with most European cities and the cost of living in Germany is approximately €934 per month. As of January 1, 2023, keeping the rate of inflation in mind, the mandatory amount required in the German Blocked Account for studying in Germany is €11,208 for an entire year or €934 for a month. There are lots of German scholarship programs available for pursuing Higher Education in Germany which would eventually lessen the financial burden on the student.

MBA Admission Requirements in Germany

In this section, we are going to be talking about the admission requirements for MBA in Germany for Indian students across popular universities.

Mannheim Business School

  • A recognised degree in any discipline with at least a B+ average in their Bachelor's degree
  • International experience
  • GMAT (minimum 600) / GRE (equivalent)
  • TOEFL iBT (minimum 95) / IELTS Academic (minimum 7 or equivalent)
  • Three years of PG working experience

Frankfurt School of Finance & Management

  • A Bachelor's degree or equivalent
  • GMAT / GRE
  • TOEFL iBT (minimum 90) / IELTS (minimum 7 or equivalent)
  • Three years of PG working experience

WHU (Otto Beisheim)

  • A Bachelor's degree or equivalent
  • Letter of Recommendation (LOR)
  • GMAT / GRE
  • Excellent academic record
  • TOEFL iBT (minimum 100) / IELTS (minimum 7 or equivalent)
  • At least two years of PG working experience

ESMT Berlin

  • A Bachelor's degree or equivalent
  • GMAT (average 640) / GRE
  • TOEFL (minimum 95) / IELTS (minimum 7) / PTE (64)
  • At least three years of professional working experience

HHL Leipzig Graduate School of Management

  • A Bachelor's degree or equivalent
  • GMAT / GRE 
  • TOEFL (minimum 90) / IELTS (minimum 7) 
  • At least three years of professional working experience
  • CV
  • Letter of Motivation
  • Academic Transcripts
  • Letter of Recommendation

EU Business School 

  • A recognised Bachelor's degree with a GPA of 3.0 out of 4.0 or equivalent
  • Academic transcripts
  • TOEFL iBT (80), TOEFL computer-based (213) / IELTS (minimum 6.0)

MBA from Germany: Eligibility

MBA in Germany for Indian students: Universities in Germany are often funded by the state but not essentially regulated by it. In other words, eligibility criteria and cut-off are independently decided by the various universities in Germany. Hence, every university can have some unique eligibility criteria and it is always advisable for aspirants to check with the university officials for the specific eligibility criteria of the program.

Speaking broadly, for an MBA program in Germany, you would need to have completed the German equivalent of a bachelor’s degree in the relevant subjects. Meaning, that applicants must hold a four-year Bachelor's Degree or a three-year degree with a one-year Master's Degree in Business Administration to apply for an MBA program from a German University. Some universities would also accept a 3-year degree with relevant work experience. It is always advisable for students, to reach out directly to the University’s international admissions office and get the latest relevant information.

Apart from the basic requirement, the universities might also require students to have cleared and scored a certain level in GMAT/GRE/IELTS/TOEFL examinations, and possess basic knowledge of the German language. For courses that are taught in German, a high level of knowledge is required by the students and candidates can appear for language proficiency exams like TestDAF/DSH to be eligible for the same. Students could also be subjected to an Entrance Test at the time of admission to be considered for the university. Again, always check with the University for the Tests required to apply to the course of your choice.

What after an MBA?

After the completion of your total course duration, students have the option of applying for an 18-month Residence Permit to look for a job that corresponds to their area of qualification. During these 18 months, they can take up any kind of employment to support themselves and fund their job search.

Students are informed that the probability of receiving a residence permit to work in Germany entirely depends on their qualifications and the area of work. Germany has also very recently introduced the EU Blue Card, which is dedicated to citizens from non-EU-states, as proof of their legal stay in the country to work. An applicant must hold a university or college degree and provide evidence of a signed working contract with a German company that pays a certain fixed salary to qualify for the EU Blue Card.

Also Read

MBA in Germany for Indian Students: Salary

The demand for MBA-qualified professionals has always been on the rise due to its intricate course module. A combination of the right skills and talent makes MBA Graduates one of the most handsomely paid professionals in the corporate sector. Germany with its state-of-the-art infrastructure and a growing need for Business Management professionals is a hot spot for MBA specialists. Healthcare, Consulting and Logistics, Information Technology, Education, and Financial sectors are major areas that would require MBA professionals. Read: Popular Job Sectors in Germany

  • Average Base Pay: €55,000 - €78,000/yr
  • MBA - $100,000 
  • Executive MBA - $104,000 

MBA in Germany: Scholarship and Financial Aid

To make living even more affordable, international students will also have the opportunity to work part-time to ease their living expenses. International students are eligible to work 20 hours per week. This part-time work facility will not only help them ease their living expenses but also allow them to gain relevant work experience in their field of interest. As with most universities, international students can also benefit from the various scholarship programs listed on the official website of universities or www.daad.de.

Check out the following articles for more information regarding studying in Germany:

Candidates looking for assistance with German university admissions can get in touch with our Shiksha Study Abroad Counsellors on our website. Readers with queries can get in touch with us in the comments section below.

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Rahul Singha
Study Abroad Expert

Rahul Singha is a seasoned editor with Shiksha Study Abroad, specializing in overseas education. With over 8 years of domain experience, he has made a significant impact in contributing to the study abroad industry ... Read Full Bio

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MBA, MS & UG in Europe

Chandra has been mentoring students for the past seven years and has expertise in overseas counseling for those applying to Sweden, Germany, France, and Ireland. He is a people person and enjoys interacting with peo... Read Full Bio

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Comments

(67)

G

Gurjot Singh

a month ago

Hello sir I have completed BBA from LPU as a distance education student Is I'm eligible for MBA?

Reply to Gurjot Singh

K

Khushi Gurbani

3 months ago

Hii sir I am currently in 10+2 and I am interested in persuading MBA so how can I go for MBA study in germany and which college and what is procedure? Can you guide please?

Reply to Khushi Gurbani

N

Navyashree N

11 months ago

Hello sir, I am Navyashree I have completed b.com in 2021, after that I am not have a work experience also. now I am interested to do MBA in Germany. so please tell me I am eligible to do MBA in Germany

Reply to Navyashree N

R

Rahul SinghaStudy Abroad Expert

8 months ago

Hello Nevyashree. Yes, you are eligible to study MBA in Germany. Would request you reach out to our excellent team of study-abroad counsellors for assistance with university admissions here: https://www.shiksha.com/studyabroad/apply

R

RISHI SONI

a year ago

Hello Sir. I want to do a second MBA from Germany because I am not happy with my current job profile. How do I go about it?

Reply to RISHI SONI

R

Rahul SinghaStudy Abroad Expert

a year ago

Hello Rishi. You can take a look at the popular MBA universities in Germany and get in touch with our Shiksha Study Abroad Counsellors. They will be happy to help. Popular MBA universities in Germany: https://studyabroad.shiksha.com/germany/mba-colleges-dc Request a call back from Shiksha Study Abr

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Hello sir I am from India. I completed my b.tech in electronics this year. for the last 1 year I have been doing internship/job in a company in hr and marketing departments. Will I be eligible to study MBA in germany? Will I receive scholarships for studying?

Reply to Indusha Dharman

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Rahul SinghaStudy Abroad Expert

a year ago

Hello Indusha. Yes, you are eligible to apply for MBA in Germany. You could also get in touch with our Shiksha counsellors for assistance with university admission: https://studyabroad.shiksha.com/apply Yes, you will also be eligible to apply for scholarships: https://studyabroad.shiksha.com/schola

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