Study MBA in Germany: Universities, Requirements & Tuition Fees!

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When it comes to the best business and management education, Germany sits at the top of the wish list of countries to study in for international students. Among other factors, the quality of schools in Germany and the excellent job prospects for their graduates make it a great location for international MBA aspirants too. In fact, when you research schools for an MBA in Germany, you'll find that many of them rank in the top 10% worldwide! So what makes Germany such a great place to pursue an MBA? Read on to find out the answer to that question and a lot more about an MBA in Germany.

Why Should You Pursue an MBA in Germany?

An MBA from Germany is greatly valued around the world. With globally recognised MBA courses, Germany promises amazing career opportunities for MBA graduates. The key characteristics that attract foreign nationals to pursue an MBA in Germany include the following.

Quality of Education

As per the rankings of QS and the Financial Times, Germany has many of the top 200 schools in the world for MBA degrees. Besides, tutors at business schools in Germany have international profiles and strong academic backgrounds, making them the best at what they do. With in-house school career advisors, these tutors can help students identify their strengths and weaknesses as well as find the best career options for them after their MBA and management programs in Germany.

Many business schools in Germany also have four intake periods per year for MBA candidates, offering multiple windows to apply. This is unlike certain countries, where there are only two or three school intake periods per year for MBA programs.

Affordability

Almost every university in Germany is state-owned, so the MBA cost in Germany is also pretty affordable for international students. Depending on where you plan to pursue an MBA in Germany, the tuition fees may range between €3,000 and €49,000 a year. A master's program in Germany is classified as consecutive or nonconsecutive. A consecutive course is a master's program pursued after a bachelor's in Germany and is often free at public universities here.

Competitive Pay

The pay scales of MBA graduates vary from one company to another in Germany. Depending on the MBA specialisation you choose, you are likely to earn between €48,000 and €260,000 a year in Germany. Your MBA cost in Germany will most likely not exceed €50,000 a year, so you can recoup what you pay for the degree within a year. Many things play a role in how much you can earn after an MBA in Germany. For instance, your MBA specialisation and skills will affect your income in Germany more than your school of choice.

Student-Friendly Visa Policies

Germany has favourable visa regulations for international students. A residence visa in Germany allows you to explore the Schengen region without an additional visa. Germany is also among the easiest nations to obtain a work visa from. After completing an MBA in Germany in due course, you can apply for an 18-month residency permit extension to stay back in the country and seek a job here. On the other hand, a work visa in Germany stays valid during the whole period of employment.

Amazing travel opportunities

You can fulfil your strong desire to travel with an MBA in Germany. The country has epic locations, such as Bastion Bridge overlooking the Rhine and Elbe rivers, as well as the Black Forest and Zugspitze mountain. Leipzig is a great location with a growing infrastructure as well as plenty of cafes, bars, and canals. Berlin has a world-famous music scene and historical sights. Besides, popular tourist destinations in the Netherlands, Czech Republic, France, Denmark, and Switzerland are near Germany. A residence visa in Germany alone lets you visit these places.

Best MBA Universities in Germany

There are many top colleges in Germany for international students, so it can be a bit difficult to choose one. This is why we are helping you narrow down your options to the best universities in Germany for an MBA.

Berlin School of Business and Innovation (BSBI)

BSBI is considered the best school for business education in Germany. There is a conventional MBA course and a Global MBA program at BSBI that focus on helping students develop business and management skills as well as prepare for work on a global scale. With a Global MBA at BSBI, you will develop a strong understanding of key management concepts, such as finance, operations, leadership, and marketing. Each module includes the latest management techniques and trends, which reflect the evolving nature of global business. The program will also let you access job opportunities around the world through an alumni network.

GISMA Business School

There are many elements that help the Global MBA at the GISMA University of Applied Sciences stand out from the rest. Firstly, it is an Association of MBAs-accredited program. Only a handful of universities and business schools in the world have AMBA accreditation, which helps make them more prestigious than the rest. The program suits people who are keen on pursuing a career in management or entrepreneurship on a global level. It will aid you in building the expertise and network you need in order to accomplish your career objectives.

Read on for more about the best schools with the cheapest MBA programs in Germany for international students.

EU Business School

The MBA at EU Business School is designed for people with managerial experience and working professionals. There are as many as 11 specialisation options for the MBA here, including entrepreneurship, blockchain management, design management, and sports management. EU Business School holds lectures, workshops, seminars, business simulations, and so forth to help students hone their managerial skills and build their business personalities. All MBA lecturers at EU Business School have prior business experience, and a majority of them have executive positions at multinational companies. Besides, up to 92% of students at EU Business School hail from foreign nations.

The University of Europe for Applied Sciences

There is a program at the University of Europe for Applied Sciences that helps prepare for its MBA course. With it, it is possible to meet the entry requirements for any MBA program at UE. The biggest benefit of the program is that the university will credit your tuition fee for it to the last semester of your MBA study. The MBA cost at UE is more affordable for international students as compared to some of the other business schools worldwide, and the university requires only one year of work experience for admission, unlike other institutions. A vast majority of the best universities in Germany for MBA degrees require at least three years of work experience.

Small-size classes at UE simplify not only the development of each student but also fostering personal relationships with the university's instructors. The university exclusively uses renowned professionals who not only have industry experience but also make their business networks accessible to students.

Here, we have tabulated the cheapest MBA programs in Germany for international students.

Germany MBA Universities Fees

School

MBA Duration

Fees

Berlin School of Business and Innovation

18 Months

€14,150

GISMA Business School

12 Months

€18,000

EU Business School

12 Months

€20,850

The University of Europe for Applied Sciences

12 Months

€13,500

MBA Admission in Germany Eligibility Requirements

It is a must to satisfy the minimum criteria at a school in Germany to qualify for an MBA program. One school in Germany may have entry requirements that differ from another. For instance, unlike many other educational institutions in Germany, EU Business School requires every international MBA candidate to take an interview with its academic dean. Now, here are some general entry requirements for an MBA course in Germany.

  • An undergraduate degree, usually a foreign bachelor's with the same value as its German counterpart, or relevant work experience
  • English proficiency requirements, such as an IELTS score of at least 6.0
  • One or more years of work experience after a relevant undergraduate degree (optional)

Some universities in Germany also require strong GMAT or GRE scores for MBA candidates.

Job Opportunities After MBA in Germany

Germany has an unemployment rate of around 3.5%, which is surprisingly low considering that it is among the largest economies in the world. Germany has good job prospects for MBA graduates as well. Siemens, Bayer, Bosch, Volkswagen, BMW, Mercedes, and Merck are among the best recruiters of MBA graduates in the country. If you are seeking careers in Germany after an MBA, these are some of the employers you may want to consider.

The salary for an MBA graduate in Germany varies according to the specialisation, but it lies between €60,000 and €80,000 for freshers. Here is a table showing the salary concerning some MBA specialisations in Germany.

Specialisation

Role

Average Salary Per Year

Management

Business Development Manager

67,000

Executive MBA

CEO

€89,000

Marketing

Digital Marketing Manager

€65,000

Finance

CFO

€64,000

Can You Work While Doing an MBA in Germany?

Yes, but there are restrictions on the number of hours you can work while studying in Germany. You can work 20 hours a week during your academic term and any number of hours during semester breaks in Germany.

Are you keen on pursuing an MBA in Germany? Approach our counsellors for a free one-on-one consultation to learn more about affordable and the cheapest MBA programs in Germany for international students.

Contact us right away!


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