MBA in Germany: Top Universities, Fees, QS Ranking and More
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Did you know that Germany, renowned for its engineering prowess, also holds abundant opportunities for MBA graduates? The country is not only known for its engineering excellence but also for its wealth of top multinational companies that are eager to recruit skilled business professionals.
Are you ready to explore how an MBA in Germany can open doors to a world of corporate possibilities? If so, let's explore the possibilities further.
Why Pursue an MBA in Germany?
Discover the countless benefits of pursuing an MBA in Germany, where top-tier programs await. Explore the top reasons why the nation offers the best MBA courses in Germany:
- As per the QS World University Rankings, four German universities hold positions within the top 50 global MBA programs.
- Germany provides a distinct and enriching educational journey, emphasizing innovation and sustainability.
- Experience affordable tuition fees; for instance, the University of Oxford in the UK offers a full-time MBA program that costs around $85,000, while the Frankfurt School of Finance & Management in Germany is priced at $47,000.
- The employment rate for international graduates in Germany stands at an impressive 87%, as per the 2022 Federal Employment Agency data.
- In the academic year 2021/2022, over 60,000 international students were enrolled in MBA colleges in Germany, according to Statista.
Top 5 MBA Colleges in Germany
We will now understand which is the best MBA college in Germany and what the MBA in Germany costs at each of these colleges. Here is a detailed explanation.
1. European School of Management and Technology
Regarded as the foremost business school in Germany, it secures a position in the top 10 MBA colleges in Germany’s business schools. The institution underscores the value of MBA in Germany by offering a comprehensive array of programs including full-time MBA, executive MBA, part-time blended MBA, executive MBA/MPA, and master's in management.
University | Type |
---|---|
European School of Management and Technology | Private School |
QS Global MBA Ranking | 90 |
MBA in Germany Fees in Euros | €49,000 |
Fees in INR | ₹44,10,275 |
Part-time MBA Course Duration | 2 Years |
2. HHL Leipzig Graduate School of Management
This university is proudly affiliated with the German U15 university network. It has a rich heritage that underscores its esteemed status. At present, the University of Leipzig accommodates a student body of 30,000 individuals. Among the options for pursuing an MBA in Germany without a GMAT score is this university.
University | Type |
---|---|
HHL Leipzig Graduate School of Management | Private School |
QS Global MBA Ranking | 121-130 |
MBA in Germany Fees in Euros | €33,500 |
Fees in INR | ₹30,15,188 |
MBA Course Duration | 15-21 months |
3. GISMA School of Business
Established in 1999, Gisma focuses on empowering ambitious individuals with the skills essential for today's technology-driven global business landscape. It encourages innovative approaches to tackle industry challenges. With campuses in Germany and London, Gisma's diverse student body, representing 40+ nationalities, reflects its international appeal.
University | Type |
---|---|
GISMA School of Business | Private School |
QS Global MBA Ranking | 121-130 |
MBA in Germany Fees in Euros | €18,000 |
Fees in INR | ₹16,20,101 |
Do you want to know what are the additional benefits of studying in Germany for Indian students in 2023
4. BSBI – Berlin School of Business and Innovation
At the heart of the institution, three fundamental principles—Enterprise, Leadership, and Success—shape its essence. These values underpin every course, tailoring each program to bolster practical skills and foster industry understanding. The institution offers a range of programs, including Business, Finance, Marketing, IT, and Creative Arts. If you're seeking an affordable MBA in Germany, these principles guide our commitment to providing accessible education.
University | Type |
---|---|
Berlin School of Business and Innovation | Private School |
QS Global MBA Ranking | NA |
MBA in Germany Fees in Euros | €9,000 |
Fees in INR | ₹8,10,050 |
5. WHU - Otto Beisheim School of Management
With approximately 1669 students, the university holds accreditation from the Foundation for International Business Administration Accreditation (FIBAA). It boasts a robust global network comprising about 200 schools and 160 companies, alongside an extensive alumni community exceeding 4100 students.
University | Type |
---|---|
Otto Beisheim School of Management | Private School |
QS Global MBA Ranking | 128 |
MBA in Germany Fees in Euros | €43,000 |
Fees in INR | ₹38,70,242 |
MBA Course Duration | 1 Year |
Top 5 Best Universities in Germany for MBA
Having learned about the top MBA colleges, let's also talk about the top universities and the cost of an MBA in Germany for international students.
1. University of Mannheim Business School
The University of Mannheim is a distinguished public research institution located in Mannheim, Baden-Wurttemberg, Germany. Renowned for its top-notch degree programs spanning bachelor's, master's, and doctoral levels, the university holds affiliations with notable organizations such as AACSB, AMBA, and CFA Institute. This university is listed among the options for pursuing an MBA in Germany without a GMAT score.
University | Type |
---|---|
University of Mannheim Business School | Public |
QS Global MBA Ranking | 39 |
MBA in Germany Fees in Euros | €45,500 |
Fees in INR | ₹40,95,256 |
MBA Course Duration | 1 Year |
2. University of Cologne
The University of Cologne holds significant recognition in Germany. Originally established as the 6th university in Central Europe, it underwent closure in 1798 but was re-established in 1919. Today, it stands as one of the top 10 MBA colleges in Germany. It boasts over 50,000 students and ranks among the largest in the country.
University | Type |
---|---|
University of Cologne | Public |
QS Global MBA Ranking | 145 |
MBA in Germany Fees in Euros | No Semester fees, only social contribution fee |
Fees in INR | NA |
MBA Course Duration | Executive MBA: 2 Years |
3. Technical University of Munich
Recognized as TUM, this outstanding European university holds a distinguished position. Continuously named a University of Excellence for MBA in Germany since 2006, TUM is the sole technical university to maintain this status. Impressively, TUM has secured the top spot in Germany according to renowned global rankings, including QS, THE, and Shanghai rankings.
University | Type |
---|---|
Otto Beisheim School of Management | Public |
QS Global MBA Ranking | 37 |
MBA in Germany Fees in Euros | €39,000 |
Fees in INR | ₹35,10,219 |
MBA Course Duration | Executive MBA 3 Semesters |
4. Ludwig Maximilian University Munich
This University is a premier choice for MBA in Germany for Indian students. Renowned globally, the university ensures top-notch education, practical training, and promising career prospects for international students. Graduates of the program excel in research and possess a high employability rate.
University | Type | QS Global MBA Ranking |
---|---|---|
Otto Beisheim School of Management | Public | 64 |
MBA in Germany Fees in Euros | €32,000 | |
Fees in INR | ₹28,80,180 | |
MBA Course Duration | 2 Years |
5. RWTH Aachen University
The RWTH Aachen Campus fosters an unparalleled environment, boasting a thriving network of specialists and continually expanding cutting-edge research facilities. Spanning 620 acres, the university campus is situated in the northwestern region of Aachen city.
University | Type | QS Global MBA Ranking |
---|---|---|
Otto Beisheim School of Management | Public | 106 |
MBA in Germany Fees in Euros | €30,000 | |
Fees in INR | ₹27,00,168 | |
MBA Course Duration | 2 Years |
Eligibility to Study MBA in Germany
Below is the MBA in Germany for Indian students eligibility criteria. This may vary among universities, so it's recommended to directly contact the University's international admissions office for the latest and specific requirements.
- Completion of the German equivalent of a bachelor's degree in relevant subjects (a four-year Bachelor's Degree or a three-year degree with a one-year Master's Degree in Business Administration)
- Some universities might accept a 3-year degree with relevant work experience
- Clearance and attainment of a certain level in GMAT/GRE/IELTS/TOEFL examinations
- Basic knowledge of the German language may be required
- For courses taught in German, high-level German language proficiency (TestDAF/DSH exams)
- Possibility of an Entrance Test during the admission process
Job Opportunities and Salary After MBA in Germany
Highlighted below are notable job roles and leading recruiters within the MBA job sector in Germany
Job Roles | Recruiters | Average Salary |
---|---|---|
Consultant | Siemens | €69,000 - €79,000 |
Finance Manager | BMW | €118,000 - €127,000 |
Operations Manager | Bosch | €98,000 |
Project Manager | Bayer | €76,000 - €83,000 |
Consultant | Volkswagen | €90,000 - €98,000 |
Brand Manager | Mercedes | €140,000 - €150,000 |
MIS Executive | Porsche | €80,000 - €85,000 |
Operations Manager | Merck | €98,000 - €100,000 |
Human Resource Manager | Volkswagen | €110,000 - €115,000 |
Business Manager | Amazon | €88,000 - €95,000 |
Navigating the realm of MBA programs in Germany with ÿմ
As you've delved into the top universities, program fees, QS rankings, and other essential aspects, you're better equipped to embark on this academic journey. Germany's blend of academic excellence, global networking opportunities, and vibrant cultural experiences make it an enticing destination for MBA aspirants.
If you're looking for expert guidance to seamlessly transition into this educational endeavour, consider reaching out to ÿմ, a trusted immigration consultant. With our invaluable insights, you can pave a clear path toward your aspirations while embracing all that Germany has to offer. Your pursuit of an MBA in Germany could be the gateway to a prosperous future and an enriching personal experience.
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