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Table of Contents
- Study MBA in Germany
- Study MBA in Germany Highlights
- Why Study MBA in Germany?
- Top MBA Universities in Germany
- MBA in Germany Eligibility
- Documents Required
- MBA in Germany Without GMAT or Work Experience
- How to Apply for an MBA in Germany?
- Cost to study MBA in Germany
- MBA in Germany Scholarships
- Career After MBA in Germany
- Post Study Work Permit
- Blocked Account for German Student Visa
- FAQs
Study MBA in Germany
Germany, often referred to as the “Land of Opportunities”, is an attractive destination among international students, especially for an MBA course. The number of students studying MBA in Germany has increased considerably over the past few years. An MBA is a 1-2 year program that has a great scope in the job market both in Germany and in the rest of the world.
Do you know that 9 MBA colleges from Germany are listed in the top positions in the QS World University Rankings 2023?
The average annual tuition fee of an MBA program in Germany ranges from EUR 20,000 to EUR 40,000. Additionally, public universities in Germany offer Postgraduate programs without charging tuition fees. You can read the blog further to learn more about studying for an MBA in Germany.
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Study MBA in Germany Highlights
Type of program | Full-time |
Duration | 1-2 years |
Total no. of universities | 60+ |
Entry requirement | Bachelor’s degree in any subject, GMAT, IELTS/TOEFL |
Average GMAT score required | 550 - 600 |
Average annual tuition fee | EUR 20,000 - EUR 40,000 |
Scholarships | Full tuition fee waiver and living costs coverage |
Average annual salary | EUR 47,000 |
Top recruiters | Mercedes, Volkswagon, BMW, Siemens, Amazon etc. |
Why Study MBA in Germany?
Germany is one of the top destinations chosen by international students for an MBA, especially because the public universities in Germany do not charge tuition fees. A few reasons why you can choose to pursue your MBA in Germany are
- Better course structure: The course structure of an MBA program in Germany is wide, and there are several specialisations to choose from. This will help students choose the course that best suits their interests.
- Flexibility: Germany offers high flexibility for pursuing courses, and students can study MBA both full-time and part-time. This also helps students study at a lesser tuition cost.
- Affordability: As mentioned above, public universities in Germany do not charge tuition fees for their Master’s students, making it affordable to study there. This is especially so because MBA is one of the most expensive programs.
- Research-oriented: MBA programs in Germany are research-oriented, which helps students to improve their decision-making skills.
- Employability: MBA is one of the very few Postgraduate degree programs that have a high demand in the job market.
Top MBA Universities in Germany
Germany has several top universities that offer MBA courses, and these include both private and public universities. The tuition fee can vary based on the university you choose, and the table below will help you understand in detail the tuition fee, course duration and much more.
Name of University | Specialisation | QS Ranking 2023 | Duration | Eligibility | Average Annual Tuition Fee (in INR) |
Technical University of Munich | Business and IT | 49 | 2 years | GMAT - 600, TOEFL - 88 | INR 24,200 |
RWTH Aachen University | Digitisation and Industrial Change | 147 | 1 year | IELTS - 5.5 | INR 26,34,000 |
University of Hamburg | Health Management | 228 | 2 years | GMAT - 600, IELTS - 6.0 | INR 29,63,000 |
Technical University Berlin | Energy Management | 158 | 1 year | GRE - 280, IELTS - 6.0/PTE - 58 | INR 27,000 |
IU, International University of Applied Sciences | Big Data Management | – | 18 - 36 months | Duolingo - 95/IELTS - 6.0/ PTE - 56 | INR 5,85,000 |
University of Bayreuth | Marketing and Sales Management | 511-520 | 2 years | GMAT - 580, IELTS - 6.5 | INR 9,98,000 |
Leipzig University | Small Enterprise Promotion and Training | 420 | 2 years | GMAT - 550, TOEFL - 79 | INR 3,06,000 |
Saarland University | European Management | 441 | 1 year | GMAT - 500, TOEFL - 61 | INR 10,54,000 |
International School of Management | General Management | – | 2 years | IELTS - 6.0 | INR 11,24,000 |
Coburg University of Applied Sciences and Arts | Financial Management | – | 2 years | GMAT - 550, IELTS - 6.0/PTE - 53 | INR 5,18,000 |
MBA in Germany Eligibility
All students need to satisfy a few eligibility criteria to study MBA in any university in Germany. Though there can be a few differences in these criteria based on the university and specialisation you choose, there are several requirements that remain the same for almost all universities. We have given them below. However, it is also advisable to visit the official website of the university so that you get updated information on everything.
- A Bachelor’s degree from a recognised university with an acceptable score of at least 60%.
- A GMAT score between 500 and 600 or a GRE score of around 280.
- A good score in any English proficiency test like IELTS, TOEFL, PTE etc.
- A 2-5 years of work experience may be asked for by some universities.
- Some universities may also conduct entrance exams.
Documents Required
You need to submit a few documents while applying for admission to MBA programs in Germany. Though there can be a few changes in the documents asked for by universities, there are a few that most universities ask for. They are given below.
All academic documents.
English proficiency test scorecards.
GMAT/GRE test scorecards.
Proof of work experience.
Letter of Motivation.
Letter Of Recommendation (LOR).
Statement Of Purpose (SOP).
Completed university application form.
Passport.
Proof of work experience.
Updated resume/CV.
MBA in Germany Without GMAT or Work Experience
GMAT is often considered an important requirement for admission to MBA programs. The case with work experience is also similar. But what if we tell you that you can study in Germany without GMAT and work experience? There are several top universities that offer admission to students without either of them. The table below lists those universities.
Without Work Experience | Without GMAT |
Technical University of Munich | Reutlingen University |
University of Kiel | University of Tubingen |
University of Ulm | Technical University of Munich |
Ludwig Maximilian University Munich | University of Kiel |
University of Tubingen | Berlin School of Economics and Law |
How to Apply for an MBA in Germany?
The application process for MBA programs at German universities is not difficult, and you will find it easy as well. We have given below the steps you need to follow to apply for an MBA in Germany.
Step 1:Check the eligibility criteria for MBA programs at your desired universities.
Step 2:You should have taken all the tests like IELTS/TOEFL/PTE and GMAT/GRE well before the application opens.
Step 3:Apply online from the universities’ official websites.
Step 4:Submit the necessary documents and get them reviewed through uni-assist.
Step 5:You will get the acceptance letter within a few weeks.
Step 6:Attend the interview.
Cost to study MBA in Germany
The cost of studying an MBA in Germany is dependent on a variety of factors like the type of university, duration of the program etc. The average tuition cost ranges from EUR 9000 to EUR 50,000. The table below will help you understand the tuition costs of top universities in Germany.
University | Average Annual Tuition Fees (in EUR) |
University of Mannheim | EUR 39,900 |
Technical University of Munich | EUR 39,000 |
Berlin School of Applied Sciences | EUR 21,000 |
University of Cologne | EUR 50,000 |
RWTH Aachen University | EUR 35,000 |
GISMA Business School | EUR 18,000 |
ESMT | EUR 26,000 |
Berlin School of Business and Innovation | EUR 9000 |
Munich Business School | EUR 32,000 |
HHL Leipzig | EUR 34,500 |
MBA in Germany Scholarships
Students who pursue their MBA in Germany can avail of several scholarships that are funded by the government, universities and other private institutions. These scholarships will have varying eligibility criteria and award values as well. A few popular scholarships are tabulated below.
Name of Scholarship | Eligibility | Average Amount (in EUR) |
Heinrich Boll Scholarships | All international students are eligible to apply | EUR 750 per month |
Deutschland Stipendium | All international students are eligible to apply | EUR 150 |
DAAD Scholarships | Those with an IELTS score of 6.0 and 2 years of work experience are eligible | EUR 861 per month |
Women in Business Scholarship | All women pursuing a Business course in a Zonta region are eligible | EUR 1878 |
Career After MBA in Germany
MBA is one of the very few degrees that have a high demand in the job market. It is estimated that most MBA graduates in Germany find a job within three months of completing their course. The average salary of an MBA graduate in Germany ranges from EUR 53,000 to EUR 73,000. The table below will help you understand better about the job roles and salaries.
Job Title | Average Annual Salary (in EUR) |
Product Manager | EUR 60,000 |
Operations Manager | EUR 53,000 |
Business Development Manager | EUR 73,000 |
Marketing Manager | EUR 60,000 |
Post Study Work Permit
The post-study work visa guidelines in Germany allow international students to work in the country after the completion of their studies. As part of this visa, students can stay back in Germany and work for unlimited hours for a period of 18 months. It is, however, necessary to find a job in the area of study, failing which, you will have to return to your home country after the completion of 18 months. You can read our blogs to understand more about post-study work permits in Germany.
Blocked Account for German Student Visa
All international students should have a blocked account and a minimum balance in it when they come to Germany. The blocked account should ideally have EUR 11,280 or INR 9,00,000 for the first year of study. Students can withdraw upto EUR 934 or INR 75,000 per month. Additionally, you can spend more depending on how much you earn. You can work part-time in Germany to earn an additional income.
We hope to have covered all information related to pursuing an MBA in Germany. If you wish to learn more about the cost of studying and living in Germany, scholarships, study visas, health insurance etc., you can read our blogs on them. You can also contact AECC’s expert counsellors to get one-to-one assistance.
AECC has been assisting students in realising their study abroad dream since 2008. If you wish to learn more about studying abroad, you can contact AECC’s counsellors. They will guide you through the application process and offer guidance on scholarships, student visas, and much more. Don’t hesitate to contact us for free assistance!
Frequently Asked Questions to Study MBA in Germany
Can I stay in Germany after MBA?
Yes, you can stay back in Germany and work for 18 months after completing your MBA under the post-study work permit.
What are the MBA programs available in Germany?
Which business schools offer a 1-year MBA in Germany?
Can I get a job after MBA in Germany without speaking German?
Is an MBA in Germany worth it?