Germany

Germany is a popular study abroad destination among Indians. Germany is home to famous universities offering wide selection of courses many of which are taught in English. Public universities in Germany do not charge tuition fees but an administrative fee of EUR 300-500 INR 29 K-INR 48.7 K needs to be paid at the start of every semester. Cost of studying and living is comparatively lower as compared to countries such as US and UK. Germany boasts a strong economy and has one of the lowest unemployment rates in the European Union that currently dwindles at 6.4%.

Saarland University is a top-ranking German university, and has secured the rank #600 in QS World University Rankings 2024. When it comes to US News & World Report, Saarland University has claimed the spot #920 in Best Global Universities, #360 in Best Global Universities in Europe and #49 in Best Global Universities in Germany.

Accommodation, food, clothing and recreational activities, covers up the living costs. Every year, according to the prevailing economic conditions and the relevant fee structure, every university would request that a monthly sum be provided for the student to facilitate his living expenses in the country as well as for completing his education, this money is deposited in a Blocked Account. As of September 2022, keeping the rate of inflation in mind, the mandatory amount required in the Blocked Account for studying in Germany is €11,172 (INR 9.75 lakh) for an entire year or €931 (INR 87,279) for a month.

The cost of studying in Germany depends on the type of institute one goes for. The cost is generally higher in private universities. Below is the cost of studying in public and private universities in Germany:

According to Payscale, the average salary of a graduate after pursuing an MS in Germany is €53,000 per year. The MS graduates in Germany salaries for popular companies are listed below:

Yes, after the completion of MS in Germany, students can get Post-Study Work Permit. Some of the highest paying jobs that one can go for after completing MS in Germany are:

• Sales Manager
• Healthcare Professional
• Engineer
• IT Professionals and Data Scientist
• Biotechnology and Neuroscience Analysts

Getting a master’s degree from Germany can be a viable option for many international students who want to get a quality education at an affordable price. Other reasons to pursue Masters in Australia are:

• Living costs are reasonable
• Access to various scholarship opportunities
• International outlook

Minimum admission requirements for MIM in Germany will vary from college to college. Each college has its own criteria and minimum eligibility for MIM. But here we have given general admission requirements to study MIM in Germany. 

• Bachelor's degree in a related field of study
• GMAT/GRE (Optional)
• English language proficiency
• Minimum of 2-3 years of work experience
• Statement of Purpose
• Letter of Recommendations
• Copy of Certificates of all lectures in the pre-study 

No, GMAT is not mandatory or essential for MIM in Germany. German universities put a lot of emphasis on the academic achievements of a student. However, technical universities in Germany and RWTH Achen may require you to submit a GMAT score for their admission process. GMAT is not mandatory but it is always good to have a good GMAT score to make your profile look more desirable than others. 

MIM is advanced PG course for 18 to 24 months of duration. German universities are known for their quality of education and amenities. Insignificant tuition fee and an affordable cost of living makes Germany a desirable destination for international students. Thousands of students apply for MIM courses in various German universities.