MBA in Germany 2022, Eligibility, Top MBA Colleges, Fee Structure, Jobs

Who doesn’t want quality education? Are you interested to attain higher education from a well-reputed and prestigious country like Germany? Your dream is too far now. You can avail all the crucial information about MBA in Germany 2022 through this article. It covers the popular universities, cost of MBA, types of MBA course cost of living, etc.

Germany is a very good option for pursuing an MBA (Master of Business Administration). As compared to other countries, Germany provides cost-effective education. An international candidate can expect heavy discounts in terms of finances. Moreover, the MBA degree attained from Germany is internationally accepted.

Top MBA Courses in Germany:

Several universities offer MBA programs. All these universities come with world-class facilities and a decent reputation all over the world. Among these universities, some of the universities do not even charge a tuition fee. Most of the universities even enroll students with no prior work experience. Here is the list of the top MBA courses in Germany:

  • Marketing
  • Information Systems
  • Finance and Accounting
  • Entrepreneurship
  • Production and Operations Management

Top Universities for MBA:

There is no compromise in quality while providing MBA courses to the students. Here is the list of the top universities offering MBA:

  • Frankfurt School of Finance and Management
  • University of Bayreuth
  • Free University of Berlin
  • Munich Business School
  • Kuhne Logistics University
  • Schiller International University
  • EBS Business School
  • ESCP Europe
  • Durham University of Business School
  • European School of Management and Technology

Top Colleges for MBA:

There are immense colleges offering MBA course in Germany but the top amongst them are as follows:

  • Free University of Berlin
  • Munich Business School
  • Kuhne Logistics University
  • Schiller International University
  • EBS Business School
  • ESCP Europe
  • Durham University of Business School
  • European School of Management and Technology
  • Berlin School of Business and Economic
  • University of Kiel

Eligibility Criteria:

German Universities have Private and Public universities and each of them has its specific rules and eligibility criteria for admission. But the general details about the eligibility criteria include:

  • A Bachelor’s Degree
  • Valid scores in TOEFL, IELTS, GMAT, GRE
  • Basic knowledge of German Language (Not in all universities)
  • Minimum scores should be 60% at least in 10+2
  • Many institutes commence entrance exams before admission and students need to fulfill the passing grade to get enrolled.

Admission Fee:

The tuition fee (in INR) for pursuing MBA from Germany mentioned below:

  • University of Mannheim Business School – 3,916,687
  • University of Cologne – 2,304,911
  • GISMA School of Business – 1,376,775
  • Technical University of Munich – 2,532,000
  • European School of Management and Technology -1,408,425

The private institutes provide the course in the range between 15K – 90K Euros and 250 to 500 Euros for public universities

MBA Without Tuition Fees:

Students have the opportunity to grab admission in MBA without tuition fees through Public Universities. Such universities only require administration fees at the beginning of the academic year but no tuition fee will be charged. Here is the list of the universities for MBA in Germany where students can acquire MBA without paying tuition fees:

  • Technical University of Munich
  • University of Bonn
  • Albert-Ludwig University
  • University of Stuttgart
  • TU Dresden
  • University of Tubingen
  • RWTH University
  • Free University of Berlin
  • Technical University of Berlin
  • Ludwig Maximilian University

English Proficiency Requirement:

Many universities in Germany prefer teaching in English as it is the common language for pursuing courses. You will be surprised to know most of the universities and Business Schools offer free courses in English for international students.

  • Universities take TOEFL, IELTS, GRE, and GMAT certificates before admission. Scores acquired in these tests will be accepted for admission.
  • Germany has 50 B-Schools where MBA in English is a proviso.
  • Many of the universities also offer free English MBA Courses for students.
  • Those who have no work experience but have a good command of the English language can seek also seek admission in a hassle-free manner.
  • Both Public and Private universities support the English language-based course.

Jobs after MBA:

After completing an MBA course, students can acquire several jobs. As Germany has tie-up with several companies all over the world, thus after completing MBA, candidates can higher job opportunities and all the students can acquire wonderful placements. Students can also apply for Engineering and IT after completing MBA. Some of the companies offering top placements are:

  • DHL Group
  • BOSCH
  • BMW Group
  • Uniper
  • Siemens

Free MBA Course:

Amongst the options where no tuition fee is charged, another option is for free of cost MBA course. Various business schools proffer free MBA program and the list is given below:

  • University of Mannheim Business School
  • University of Cologne
  • Technical University of Munich
  • Ludwig Maximilian University Munich
  • RWTH Aachen University

Universities suitable for Indian Students:

Many German universities are designed in such a manner that it suits the Indian students to a high extent. Indian students feel comfortable and home-like in such universities. In terms of architecture, facilities, fees, and technology, also such universities preferred for Indian students. Here is the list:

  • ESMT Berlin
  • HHL Leipzig Graduate School of Management
  • GISMA Business School
  • Berlin School of Business and Innovation
  • Otto Beisheim School of Management

Expenses:

Cost of Studying: The cost of studying consisted of money spent on standardized tests, travel & stay, tuition fees, study material, and a lot more. Here is the expected cost:

  • Pre-arrival Costs: It includes the money spent on the registration fee, flight tickets, application form etc. Check the cost in USD below:
  • Program Application Fees: 145
  • Visa Application Fee: 84 (75 Euro)
  • Health Insurance: 90 to180
  • IELTS Fee: 185-190
  • TOEFL Fee:160-250
  • GMAT Fee: 250
  • GRE Fee: 205-230
  • Airfare: 450-1400

Tuition Fee: The tuition fee of the top-ranking B-schools is mentioned below:

  • Mannheim School of Business: 32.3 Lakhs
  • Frankfurt School: 31.12 Lakhs
  • Whu-Otto: 31.92 Lakhs
  • ESMT: 19.2 Lakhs
  • EBS:13.84 Lakhs
  • HHL: 31.12 Lakhs

Cost of Living: This category includes monthly charges (in USD) on student’s health insurance, transportation, accommodation, and food & social activities, traveling, etc.

  • Accommodation: 392 – 1100
  • Food And Drink: 160 – 470
  • Clothing: 45
  • Working Or Learning Materials: 23
  • Travel: 110
  • Health Insurance: 90
  • Phone, Internet, TV: 35
  • Social Life: 68

Job Profile after MBA:

The MBA graduates in Germany can seek positions such as

  • Consultant
  • Business Development Manager
  • Product & Project Manager
  • Strategist
  • Marketing Manager
  • General Manager
  • Operations Manager

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