MBA in Germany is a 1-2 year-long postgraduate degree program offered with several specialisations and is available in both full-time and part-time options. A bachelor's degree or its equivalent from an accredited institution is required to enrol in MBA colleges in Germany. Applicants should have 1-4 years of professional experience and a GMAT score ranging from 550-600.
Also Explore: Intakes in Germany
MBA from private universities in Germany costs between 10,400 and 49,500 EUR per year (INR 9.1 Lakhs to INR 43.4 Lakhs). The public universities in Germany for MBA do not require any tuition fee for admission to MBA in Germany. Instead, students need to pay a semester fee between 200 to 1,400 EUR (17,000 to 1.25 lakhs INR). MBA in Germany provides a high return on investment with graduates earning an average salary ranging from EUR 36,000 to EUR 73,500 (INR 31.6 Lakhs to INR 64.4 Lakhs).
Check: Jobs After MBA in Germany
MBA in Germany: Highlights
| Courses Available | MBA | Executive MBA |
| Course Type | Full-time | Part-time |
| Program Duration | 1-2 Years |
| Eligibility Criteria | Bachelor’s degree in Economics, Industrial Engineering, or equivalent from a recognized university |
| GMAT score | 400 to 600 |
| Professional Experience | At least 1-3 Years |
| English Proficiency Requirements | IELTS: 5.5 to 7 (with at least 5 to 6.5 in each band) | TOEFL iBT: 61 to 100 overall score |
| Annual Tuition Fees | EUR 10,400 to EUR 49,500 (INR 9.1 Lakhs to INR 43.4 Lakhs) |
| Annual Salary Range | EUR 36,000 to EUR 73,500 (INR 31.6 Lakhs to INR 64.4 Lakhs) |
| Top Recruiters | Wipro | Airbus | Microsoft | KPMG | EY | Amazon | Adidas |
MBA colleges in Germany
According to the QS World Rankings 2023, 9 MBA colleges in Germany have attained international recognition.The following is the list of the top MBA colleges in Germany, all their respective deadlines, and tuition fees:
| University | Course | Duration | Application Deadlines | Total Tuition Fees (EUR) |
|---|---|---|---|---|
| Saarland University | MBA | 1 Year | 15 July 2023 | Late Registration: 30 Sep 2023 | 12,000 |
| University of Bayreuth | MBA: Healthcare Management | 1 Year | 25 Sep 2023 | 17,200 |
| ESMT Berlin | MBA | 15 Months | 22 Feb 2024 | 49,000 |
| Frankfurt School of Finance and Management | MBA | Executive MBA | 12 Months | 18 Months | 31 July 2023 | 42,000 | 49,500 |
| Munich Business School | MBA | 12 Months | 15 April 2023 | 32,000 |
| HTW Berlin | Master of Business Administration and Engineering (MBAE) | 18 Months | 28 Feb 2023 (Closed) | 12,500 |
| Reutlingen University (ESB Business School) | MBA: International Management | 12 Months | 30 June 2023 | 10,400 |
| Hochschule Pforzheim | MBA: International Management | 16 Months | 21 Months | 15 June 2023 | 4,400 (per semester) |
| GISMA Business School | Global MBA | 12 Months | Rolling | 18,000 |
| Technical University of Munich | Executive MBA in General Management | Executive MBA in Business and IT | Executive MBA in Innovation and Business Creation | 24 Months | Round 1: 30 June 2023 | Round 2: 31 July 2023 | Round 3: 31 Aug 2023 | 39,000 |
| WHU-Otto Beisheim School of Management | MBA | 12 Months | 31 May 2023 | 43,000 |
| RWTH Aachen University | MBA: Digitalization and Industrial Change | Executive MBA: Technology Management | 18 Months | 31 Aug 2023 | 30,000 |
| SRH Berlin University of Applied Sciences | MBA: General Management | MBA: International Healthcare Management | MBA: International Human Resource Management | Executive MBA: General Management | 1 Year | 18 Months | 31 May 2023 | 14,400 | 21,600 |
| Leipzig University | MBA | 15-21 Months | 31 May 2023 | 33,500 - 37,500 |
Why study MBA in Germany?
MBA in Germany is offered by several well-known and worldly accredited business schools in Germany such as SRH: Berlin University of Applied Sciences, Technical University of Munich, etc. Some of the major reasons to pursue an MBA in Germany are pointed out below:-
- Germany is considered among the top study abroad destinations for MBA, along with USA, UK, Australia, etc.
- MBA in Germany offers an annual salary range of EUR 36,000 to EUR 73,500 (INR 31.6 Lakhs to INR 64.4 Lakhs).
- Some of the top employers for the graduates of MBA in Germany along with average salaries are given below:
![MBA in Germany: Top employers and salaries]()
- A degree from a German university is highly respected and recognized worldwide, which can be advantageous for students who wish to pursue an international career in business.
- Some universities in Germany allow the MBA program to get completed in a single year.
- International students can pursue MBA in Germany without GMAT across some of the top universities. As an alternative, students need demonstrated academic excellence, satisfactory IELTS score, and relevant professional experience.
MBA in Germany: Admissions
The application process for MBA in Germany commences twice a year for the admissions to the winter and fall sessions. Individuals are required to produce English or German Language Proficiency scores in accordance with the program or specialisation. For further information related to admissions to MBA colleges in Germany, refer to the following sections:-
MBA in Germany: Eligibility Criteria
The following eligibility criteria are followed by a majority of the universities offering MBA in Germany:
- Bachelor’s degree in Business, Economics, Industrial Engineering, or equivalent from a recognized university
- Official or certified copies of transcripts
- GMAT score of at least 400 to 600
- Practical work experience of at least 1-3 years
- 2 professional and 1 academic LOR
- Passport size photos
- 500-word SOP
- An updated Resume or Curriculum Vitae
- Proof of English Proficiency:-
- IELTS: 5.5 to 7 (with at least 5 to 6.5 in each band)
- TOEFL iBT: 61 to 100 overall score
- Valid Passport
- Germany Student Visa
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MBA in Germany: Admission Requirements
The university specific admission requirements for pursuing MBA in Germany are provided in the following table:
| University | Degree Requirements | GMAT Score | Language Proficiency Score | Work Experience |
|---|---|---|---|---|
| Saarland University | First university degree | 400 | TOEFL: 61 | 1 year |
| University of Bayreuth | Bachelor’s degree from a recognized university | 600 | DSH-1 | 2 years |
| ESMT Berlin | 3-year Bachelor’s degree | 650 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 95 | 3 years |
| Frankfurt School of Finance and Management | First university degree with relevant professional experience | 640 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 90 | Average work experience: 7 years |
| Munich Business School | Bachelor’s degree from a recognized university | 600 | IELTS: 6.5 (with at least 6 in each band) | TOEFL: 85 (with at least 20 in each band) | 2 years |
| HTW Berlin | Bachelor’s degree from a recognized university | – | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 94 | 1 year |
| Reutlingen University (ESB Business School) | First university degree | 550 | IELTS: 6.5 (with at least 6 in each band) | 2 years |
| Hochschule Pforzheim | First university degree | 550 | TOEFL: 87 | 2 years |
| GISMA Business School | Bachelor’s degree from a recognized university | 650 | IELTS: 6.5 (with at least 6 in each band) | 3 years |
| Technical University of Munich | First university degree | 640 | IELTS: 6.5 (with at least 6 in each band) | TOEFL: 88 | 3 years |
| WHU-Otto Beisheim School of Management | Bachelor’s degree from a recognized university | 600 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 100 | 2 years |
| RWTH Aachen University | Bachelor’s degree in Economics or Industrial Engineering from a recognized university | 600 | IELTS: 5.5 (with at least 5 in each band) | TOEFL: 90 | 2 years |
| SRH Berlin University of Applied Sciences | Bachelor’s degree from a recognized university | – | IELTS: 6.5 (with at least 6 in each band) | TOEFL: 87 | DSH profung: Level 2 | 2 years |
| Leipzig University | Bachelor’s degree from a recognized university | 600 | IELTS: 7 (with at least 6.5 in each band) | TOEFL: 90 | 3 years |
MBA in Germany Cost
The entire cost of studying MBA in Germany includes the tuition fees of the selected university, the cost of living in Germany and the funding options. The following sections elaborate on the cost of pursuing MBA in Germany:
MBA in Germany: Tuition Fee
The average tuition costs for MBA in Germany vary from EUR 10,400 to EUR 49,500 which is equivalent to INR 9.1 Lakhs to INR 43.4 Lakhs. The university-wise tuition fee distribution is tabulated as follows:
| University | Total Tuition Fees (EUR) | Total Tuition Fees (INR) |
|---|---|---|
| Saarland University | 12,000 | 10.5 Lakhs |
| University of Bayreuth | 17,200 | 15.1 Lakhs |
| ESMT Berlin | 49,000 | 43 Lakhs |
| Frankfurt School of Finance and Management | 42,000 | 36.8 Lakhs |
| Munich Business School | 32,000 | 28 Lakhs |
| HTW Berlin | 12,500 | 11 Lakhs |
| ESB Business School | 10,400 | 9.1 Lakhs |
| GISMA Business School | 18,000 | 15.8 Lakhs |
| Technical University of Munich | 39,000 | 34.2 Lakhs |
| WHU-Otto Beisheim School of Management | 43,000 | 37.7 Lakhs |
| RWTH Aachen University | 30,000 | 26.3 Lakhs |
| SRH Berlin University of Applied Sciences | 14,400 | 12.6 Lakhs |
| Leipzig Graduate School of Management | 33,500 | 29.4 Lakhs |
Cost of Living in Germany
As compared to other European countries, Germany is not an expensive study-abroad destination. However, the cost of living in Germany is still higher than that of India. The following table illustrates the regular/monthly expenses of a student in Germany:
| Expense Type | Cost Per Month (EUR) | Monthly Cost Equivalent (INR) |
|---|---|---|
| Accommodation on Rent | 625 to 1,660 | 54,000 to 143,000 |
| Groceries | 168 | 14,500 |
| Gas and Electricity | 245 | 21,100 |
| Phone and Internet | 35 | 3,000 |
| Public Transport (Monthly Pass) | 70 | 6,000 |
| Entertainment | 12 | 1,000 |
MBA Scholarships in Germany
Individuals pursuing MBA in Germany can apply for numerous scholarships and grants in order to fund their education. Some of the popular MBA scholarships in Germany include:
| Scholarship | University | Eligibility | Award |
|---|---|---|---|
| SRH Scholarship for International Students | SRH: Berlin University of Applied Sciences | Candidates studying in SRH: Berlin University of Applied Sciences having financial needs and outstanding motivation | 50% first-year tuition fee waiver |
| Woman for Leadership Scholarship | SRH: Berlin University of Applied Sciences | Female studying in SRH: Berlin University of Applied Sciences with a letter of motivation and IELTS overall score of 6.5 or more | 50% first-year tuition fee waiver |
| FS MBA Scholarship | Frankfurt School of Finance and Management | Candidates studying MBA with academic excellence | 30% tuition fee waiver |
| British Council IELTS Awards | Government of Germany | Candidates possessing an IELTS overall score of 6.5 or more while studying in Germany | EUR 3,000 to 10,000 |
| HHL Future Entrepreneur Scholarship | Leipzig Graduate School of Management | Candidates pursuing MBA having above average GMAT score | 25% tuition fee waiver |
| Erasmus Mundus Joint Masters scholarships | Government of Germany | Master’s students all over the world, bachelor’s degree or equivalent or in last year of bachelor’s program | Program cost, travel and living allowance |
Also Check: International scholarships to study in Germany
MBA in Germany: Placements
The completion of MBA in Germany, generally, allows one to bag high paying jobs in world-leading and well-known companies of the world. The average graduate salary received after MBA in Germany ranges from EUR 36,000 to EUR 73,500, equivalent to INR 31.6 Lakhs to INR 64.4 Lakhs:
| Job Profile | Annual Salary (EUR) | Indian Equivalent (INR) |
|---|---|---|
| Account Manager | 44,000 | 38.6 Lakhs |
| Area Manager | 53,400 | 46.8 Lakhs |
| Administrative Manager | 36,000 | 31.6 Lakhs |
| Project Assistant | 36,300 | 31.8 Lakhs |
| HR Manager | 50,000 | 43.8 Lakhs |
| Engagement Manager | 73,500 | 64.4 Lakhs |
Explore: Post-Study Work Visa in Germany
MBA in Germany vs MBA in USA
A contrast between MBA in Germany and MBA in USA is provided in the following table:-
| Particulars | MBA in Germany | MBA in USA |
|---|---|---|
| Eligibility Criteria | Bachelor’s degree in Economics, Industrial Engineering, or equivalent from a recognized university with at least 1-3 years of experience | Bachelor’s degree with at least 3 GPA out of 4 from a recognized university with at least 5 years of experience |
| Duration | 1-2 Years | 1-2 Years |
| Language Proficiency | IELTS: 5.5 to 7 (with at least 5 to 6.5 in each band) | TOEFL iBT: 61 to 100 overall score | DSH-1 | IELTS: 6 to 7.5 (with at least 5.5 to 7 in each band) |
| Monthly Cost of Living | EUR 900 to 2,900 (INR 78,500 to 2.5 Lakhs) | USD 1,000 to 3,700 (INR 81,000 to 3 Lakhs) |
| Tuition Fee | EUR 10,400 to EUR 49,500 (INR 9.1 Lakhs to INR 43.4 Lakhs) | USD 48,000 to USD 78,000 (INR 39.6 Lakhs to INR 64.5 Lakhs) |
| Graduate Salary | EUR 36,000 to EUR 73,500 (INR 31.6 Lakhs to INR 64.4 Lakhs) | USD 84,700 (INR 70 Lakhs) |
MBA in Germany is a practical research-oriented program designed primarily for working professionals aspiring to positions of management. Moreover, it offers both theoretical expertise and practical experience to candidates. Germany is a perfect business education venue with a varied range of long-term career opportunities.
FAQs
Ques. How much does an MBA cost in Germany?
Ans. The average cost for studying MBA in Germany ranges from EUR 10,400 to EUR 49,500 which is equivalent to INR 9.1 Lakhs to INR 43.4 Lakhs.
Ques. Is prior experience required for studying MBA in Germany?
Ans. Most of the universities in Germany offer MBA to candidates possessing a prior relevant experience of 1-3 years. However, there are still some institutions that offer MBAs in Germany without experience.
Ques. In which language is MBA in Germany taught?
Ans. A majority of business schools in Germany teach MBA in an English-taught curriculum. This allows international candidates to pursue MBA in Germany without any tension.
Ques. What are the institutions for studying MBA in Germany?
Ans. MBA in Germany is offered by the following top universities:-
- SRH: Berlin University of Applied Sciences
- Technical University of Munich
- Frankfurt School of Finance and Management
- Saarland University
Ques. What are the top study-abroad destinations for MBA?
Ans. The following are the popular study-abroad destinations for pursuing MBA:-
- USA
- UK
- Australia
- Germany
- France
Ques. What can I do after completing my MBA in Germany?
Ans. The completion of an MBA in Germany allows an individual to start working at a financial firm and bag an annual salary varying from EUR 36,000 to EUR 73,500, equivalent to INR 31.6 Lakhs to INR 64.4 Lakhs. Furthermore, they may also invest their knowledge of Business Administration and start their own business.
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