Germany is home to numerous multinational corporations, thriving startups, and a robust technology and business sector. The country’s flourishing job market presents promising opportunities for MBA graduates providing them with a wide range of career prospects and the potential for professional growth.

MBAs are usually 1-1.5 year programs for international students which come in part-time, full-time, and online modes alike. There are 50+ educational institutions offering this program in Germany, including several highly ranked names. Also due to affordability, the country is fast becoming a booming destination for MBA courses.

Recommended Read: Study in Germany After 12th & Graduations

Course Highlights

MBA courses available	MBA and Executive MBA
Duration	1 to 2 years
Average Tuition Fee Range	EUR 21,900 to 49,000
Course Type	Part-time and Full-time
Eligibility Criteria	Bachelor’s degree or an equivalent degree from a recognized institute
Average Salary	EUR 65,000 per year

Why Study MBA in Germany?

There are numerous benefits of studying MBA courses in Germany. They include the following: 

• Germany has some of the world’s highest-ranked universities for MBA programs, along with cutting-edge educational infrastructure and facilities. 
• Germany is also witnessing soaring demand for skilled MBA graduates across varied business sectors. Reports have highlighted increases in both employment figures and salaries. 
• MBAs are more affordable in Germany since public universities charge zero or nominal tuition fees. Students majorly have to cover some administrative costs and their living and accommodation costs. 
• With a thriving economy, Germany offers excellent career prospects for MBA graduates with handsome starting salaries. 

Top Universities for MBA in Germany

Some of the best MBA colleges in Germany are listed below, encompassing the QS Europe MBA rankings, course duration, tuition fee, and application deadline where you should study your MBA in Germany: 

Name of the Institution	QS Ranking 2023 (Europe)	Course Duration	Tuition Fee	Application Deadline
Mannheim Business School	16	12 to 15 months	EUR 42,500	August 15
Frankfurt School of Finance & Management	17	12 months	EUR 42,000	June 30
WHU-Otto Beisheim Graduate School of Management	24	12 months	EUR 43,000	March 31
ESMT Berlin	27	15 months	EUR 49,000	April 5
HHL Leipzig Graduate School of Management	39	15 to 21 months	EUR 39,500	June 30
EU Business School	46	Full-time: 1 year Part-time: 2 years	EUR 21, 900 to 40,780	Throughout the year

Most of the tuition fee stated above includes the books, study material, and accommodation costs.

MBA Specializations in Top Universities in Germany

Germany offers a variety of MBA specializations for students. Some of the specializations are listed below, along with their corresponding colleges:

College/Institutions	Specializations Offered
Mannheim Business School	General Management
ESMT Berlin	General Management
Cologne Business School	International Management
EU Business School	International Business Communication & Public Relations International Marketing Global Banking & Finance Leisure & Tourism Management Entrepreneurship Digital Business Sports Management Human Resources Management Design Management Blockchain Management
WHU Otto Beisheim Graduate School	General Management
HHL Leipzig Graduate School of Management	General Management Finance
Munich Business School	General Management
GISMA Business School	General Management

Intakes for MBA in Top Universities in Germany 

Though the intakes of MBA colleges in Germany differ from university to university, the majorly followed intakes by the leading MBA universities in Germany are April and September.

Few universities, such as EU Business School in Germany, have no application deadlines, and applications are open throughout the year. The application process for the Master’s courses is extensive and might take 6-8 weeks more for visa application processing.

Course Curriculum of MBA in Germany: Core & Electives

The MBA program in Germany has categorized its subjects and concentrations into Core and Elective categories. The core modules help build a solid foundation for understanding the basic management concepts and core organizational functions. It includes:   

1. Managerial Accounting
2. Qualitative and Quantitative Research Methods
3. Fundamentals of Financial Accounting, Corporate Finance, Strategic Management, and Marketing
4. Corporate Social Responsibility (CSR)
5. Macroeconomics
6. Organizational Behavior
7. Operations Management
8. Change Management

The Elective modules include advanced concepts that provide insights into the following areas:

1. Global Corporate Strategy 
2. Data Science for Business
3. International Marketing
4. Global Digital Technology Management
5. Mergers and Acquisitions
6. Supply Chain Management Organization
7. Fundamentals of AI and Machine Learning
8. Entrepreneurship and Innovation
9. Applied Corporate Finance

Eligibility Criteria for MBA in Germany

Here are the eligibility criteria for studying at leading universities in Germany for MBA programs: 

• Bachelor's degree in the relevant field or an equivalent degree
• GMAT or GRE scores, depending on the institution’s preferences
• Two to three years of work experience
• Scores in English language proficiency examinations like TOEFL iBT and IELTS

Document Requirements for MBA in Germany

To apply for the MBA in Germany, you need the following documents in place:

• Resume or Curriculum Vitae
• Valid Passport
• GRE or GMAT scorecards
• Proof of Language proficiency tests (English or German)
• Letter of Motivation
• Statement of Purpose (SOP)
• Transcripts
• Letter of Recommendation 
• Two to three years of work experience letter

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Application Process for MBA in Germany

One can easily apply to German B-Schools online. All you need are the documents mentioned above and their scanned copies. The process is very simple and can be done in easy steps using the official website.

1. Research an MBA college in Germany that aligns with your goals and preferences.
2. Check the eligibility criteria of that particular university and ensure that you meet them.
3. Fill out the application form, submit all the required documents, and make the payment before the deadline.
4. Get your entrance exam scheduled according to the university and attend it on the mentioned date.
5. If shortlisted, you will be informed by the university. Further, get ready with all the needed documents for your interview process.

Cost of Living in Germany

When it comes to studying abroad, Germany is not an expensive study destination  for international students. One can easily manage their expenses here. However, the cost of living in Germany greatly differs with the location you choose to live in. For instance, Munich and Stuttgart are costlier than Bremen, Leipzig, Frankfurt or Berlin. 

Category	Cost per month (Approx.)
Accommodation	EUR 400 to 800 (for a private room) EUR 1,000+ (for apartment)
Transport	EUR 65
Meal	EUR 200
Sport, Culture, Leisure	EUR 75
Mobile Phone	EUR 35
Health Insurance	EUR 40 to EUR 90 (depending on Private or Public)

Scholarships for MBA in Germany

Several scholarship options are available for international students who want to pursue their MBA in Germany. You can use the scholarship grants to fund your studies in Germany. Some of the top scholarships are mentioned here:

Scholarship	University	Eligibility	Amount
ESMT Women’s Academic Scholarship	ESMT	Female candidates with more than 650 scores on GMAT and an application essay	Upto EUR 10,000
WHU-Otto Beisheim School of Management Scholarship	WHU-Otto Beisheim School of Management	Excellent academic record with good English proficiency	EUR 300 per month
DLD Executive MBA Scholarship	Berlin School of Creative Leadership	Candidate with professional background in the digital area, technology, entertainment, and advertising	EUR 53,000
HHL Future Entrepreneur Scholarship	Leipzig Graduate School of Management	Excellent GMAT score	25% of the tuition fee

Job Prospects After Studying MBA in Germany

Here are the job scopes associated with an MBA program in Germany.

Job Profile	Annual Base Salary/Remuneration*
General Manager	EUR 90,000
Project Manager	EUR 70,374
Operations Manager	EUR 50,734
Business Development Manager	EUR 54,462
Marketing Manager	EUR 45,876
Business Analyst	EUR 53,182

Source: Payscale

Top Recruiters 

Some of the top recruiters in Germany for MBA graduates include Siemens, Volkswagen, Bosch, BMW, Mercedes, Merck, and Bayer.

Study with upGrad Abroad

Enroll in our Master of Business Administration (90 ECTS) program that gives you an opportunity to study at IU Germany and London South Bank University. It is an 18-monthly course where in the first semester, you will be studying online with IU Germany. You can save up to 10 lakhs of your education cost. Tuition fees for the first semester of the course are INR 2.5 Lakhs (inclusive of taxes). For the next two semesters, you will study on-campus at IU Germany. Tuition fees for IU Germany are approximately EUR 9,028. You will also be eligible for PGWP/Post Study Work/OPT visa application after graduation for up to 18 months.

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