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Masters in Business Administration in Germany
In recent days, the Master of Business Administration course has gained the interests of many people. If you are one among them, pursuing an MBA in Germany is a great choice. Although a lot of countries offer this program, universities in German are undoubtedly outstanding.
German universities offer lucrative MBA programs for candidates looking to kick start their careers in Europe. Also, Germany, being the strongest economies and the kingdom of the world economy is one major reason why candidates prefer studying MBA in Germany.
How Much Valuable Is Doing MBA in Germany?
Here are a few reasons why one has to choose German universities for doing an MBA.
Top reasons to study for an MBA in Germany
- Global Recognition
The top MBA colleges in Germany are recognized globally. Those colleges and business schools have a strong academic background. In addition to that, they have good experience in providing MBA courses.
This ensures a successful and promising career for the students. Germany has a wide range of business management schools and universities to choose from and those colleges are ranked high around the world.
- International Reputation
Another good reason to study MBA in Germany is the reputation of their business schools. The courses provided by German universities and colleges are highly recognized. Also, they have a good infrastructure and provides the students with a good environment to study.
At present, there are 105 internationally recognized MBA courses available. Students can get both practical and theoretical experience for almost all the types of MBA courses they offer. This helps them to achieve better growth in their career progression.
- Cost-effective Fee Structure
Affordable MBA course fee is one of the key reasons why students choose Germany to pursue an MBA degree.
For international students, the tuition fee is a major concern. Most international students want to do a master’s degree in a country that has a low tuition fee. All types of MBA courses in Germany are budget-friendly.
When compared to the other country business schools, the course fee is much affordable in this country. This makes doing MBA in Germany feasible valuable.
- Doing an MBA Degree in English
English is a universal language and the German universities providing their courses in the English language is another good reason.
Thus, even students who are not familiar with the German language can easily get their MBA degree.
- World-class Staffs
The staff of German MBA schools maintains a world-class profile. Their experience and expertise in academic background and tendency to help students find the areas in which they are strong are value-added factors for students, ensuring them an auspicious career.
- Different Types of MBA Courses
Master of business administration has so many specializations and several majors to select from including HR management, Finance management, Global management, Information management, Executive MBA, Healthcare Management, International Marketing, Strategic management, etc.
Along with these courses, some other types of MBA courses are available such as Dual MBA, General Full-time MBA, Executive MBA, and Part-time MBA.
- Part-time MBA
Many students today prefer to do part-time courses. This helps them to pursue a degree along with their earnings. Students can do their desired MBA degree at the same time they can earn money.
Many universities in German offer this opportunity to students. Different part-time MBA specializations are available for you to choose from.
- Internships for the Students
Students can do internships while studying. This helps them to get real-time hands-on experience in their niche. Through this, they will be able to get good career opportunities.
A few universities offer a study tour to some other countries in an attempt to enhance the student’s professional and communicational skills.
Once the students are graduated, the chances of getting placed in European and German organizations are high.
- Learn the German Language
While doing an MBA, students can learn the German language. By adding that language to your profile, you can increase your chances of getting placed.
Also, knowledge of the extra language will add value to your career. Needless to mention, in today’s environment, candidates who have expertise in multiple languages are highly sought after.
Top MBA Colleges in Germany
Following is the list of some of the top colleges in Germany for pursuing an MBA degree. Top colleges are not just based on the rankings, read more to learn what makes every college special, and stand out.
Mannheim Business School
- Established – 2005
- Location – Mannheim, Baden-Württemberg, Germany
- Website – mannheim-business-school.com
- Email – info@mannheim-business-school.com
- Telephone – +49 (0)621 181 37 24
Established in 2005, this college offers four international courses on MBA. The total number of enrollment of the students for this school is 640. Out of this, 60% of the students are international students. This business school is highly competitive and the admissions at this business school have an acceptance rate of 17%.
This school has a total number of 107 faculties and offers online, full-time, and part-time MBA programs. International students need to qualify in IELTS and TOEFL tests to get placed in this school.
Frankfurt School of Finance and Management
Frankfurt School is one of Europe’s leading business schools delivering German excellence in management and finance education.
- Established – 1957
- Website – www.frankfurt-school.de
- tel – +49 69 154008-0
- Mail – info@fs.de
This institute is a highly rated business school in Germany. Most of the international students prefer to do MBA courses in this institute. It has been certified and accredited by AMBA, AACSB, and EQUIS.
The total strength of this institute is 2462 and it offers courses such as bachelors, MBA, masters, and EMBA. Students who study in this institute grab the highest paid jobs in the country with a salary range of 71,000 EUR.
European School of Management & Technology (ESMT)
- Motto – Empowering people to create a better tomorrow
- Established – 2002
- Address – Schlossplatz 1, 10178, Berlin, Germany
- Website – esmt.berlin
- Email – degrees@esmt.org
- Tel – +49 30 212310
This business school is among the top 10 business schools in Europe. It is accredited by EQUIS, AACSB, FIBAA, and AMBA. Courses offered by this business school include part-time blended MBA, executive MBA, masters in management, and full-time MBA.
Those who want to get admission in this institute need to meet language proficiency test requirements such as PTE, IELTS, and TOEFL. Also, students need to pass GRE or GMAT exams.
WHU-Otto Beisheim Graduate School of Management
- Motto – Motto Excellence in management education
- Established – 1984
- Campus – Vallendar, and Düsseldorf
- Website – www.whu.edu
This is one of the most reputed business schools in Germany. This institute is certified by the Foundation for International Business Administration Accreditation, Association to Advance Collegiate Schools of Business, and the European Quality Improvement System. It has 2 campuses located at Rhine-Palatinate and Vallendar and has 1669 students.
Students need to qualify for GRE and GMAT tests to get admission to this institute. Also, students need to pass English proficiency tests such as TOEFL and IELTS. Students are offered different types of bank loans, scholarships, and financial aids.
Munich Business School
- Established – 1991
- Location – Munich, Bavaria, Germany
- Website – munich-business-school.de
- Email – info@munich-business-school.de
- Tel – +49(0)89 547678-0
Located in Munich, this institute is the first private one to be recognized in Bavaria. The master’s degree in International Business Administration offered in this institute ranked 91 by QS.
Along with that, this institute is one of the top 25 Performing Universities in Student Mobility in the country. Aspirants require proficiency proof for the English language in TOEFL, ELS, or IELTS.
Cost of Getting an MBA Degree in Germany
In general, the cost of the MBA course fee in Germany varies from one institute to the other. This is based on the type of business management school or university and the type, of course, a candidate chooses. The normal fee is between €30,000 and€50,000 for a full-time course. Compared to other colleges or other countries, doing an MBA Programme in Germany is affordable.
By studying in state-aided universities, students can get their higher education free of cost. The tuition fee is slightly high only for some higher education courses. One can pursue his or her MBA degree in Germany in a period of 1 to 2 years. However, this time frame is for full-time courses. Also, students can employ themselves in any organization and pursue an MBA degree part-time.
What Are the Criteria a Candidate Needs to Eligible for?
Speaking about the eligibility criteria, every university has its own rules. Thus, the criteria and the score differ among all the universities. A candidate should check the individual eligibility criteria and rules of the institute he/she wants to apply for.
Despite those unique eligibility criteria, candidates need to have a bachelor’s degree which is equal to the German bachelor’s degree in the respected area.
A minimum of a bachelor’s degree of 4 years is needed to apply for an MBA in Germany. In the case of 3 years bachelor’s degree, aspirants need to have an additional 1 year Master’s degree in Business administration.
Those who have work experience with a 3-year bachelor’s degree are also eligible to apply to some universities.
In addition to these basic eligibilities, candidates need to pass some examinations like TOEFL, GMAT, IELTS, and GRE.
It is advisable if the students have some basic knowledge of the German language. Some universities require students to qualify in their entrance tests for giving admission.
German University Requirements for Indian Students
Indian students who want to pursue MBA in German should be ready with these documents:
- Recognized Bachelor Degree
- Transcript of Grades
- Proof of Language Proficiency (German or English)
- Motivation Letter
- Important References
- Strong GRE/GMAT/IELTS/TOEFL scores
- Work Experiences (Optional)
An important note: If you have been studying in Germany previously as an Indian student, but for some reason, you would like to switch to another one, a certificate of withdrawal is required from the new university.
What Is the Duration of an MBA Degree in Germany?
The duration of the course varies from one to another university. Generally, completing Full-time MBA and Executive MBA degrees in Germany can take 12 to 24 months.
However, some courses may take 15, 18, or 20 months for completion. Luckily, German universities offer flexible MBA courses that you can choose from various courses depending on your preferences in terms of duration.
What is the best time to apply for an MBA in Germany?
Different MBA colleges have different deadlines. The best time to apply is between November to Jan for an October start.
Does an MBA in Germany require work experience?
Yes. Most of the top MBA colleges in Germany requires you to have 1-year work experience. It is recommended to check the admission requirements for your targeted college.
Related Readings:
Scholarships In Germany For International Students In 2020
German Student Visa Guide For International Students
Average Cost Of Living In Germany As An Expat
