Pursuing MBA in Germany: All You Need to Know

12 August, 2020

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Master of Business Administration, abbreviated as MBA, is one of the most sought after programs in the world both by the graduate students who are willing to study business and management essentials and by the working professionals willing to level up their understanding of the same. MBA in Germany is especially sought after for the value it holds among the international employers and its recognition in general. If you are looking forward to pursuing an MBA in Germany, here is the complete informative guide for the same:  

Pursuing MBA in Germany: All You Need to Know

MBA in Germany: Top Business Schools

Talking about Germany, it is home to some of the highly ranked business schools in the world, ranked by the prestigious ranking entities like Financial Times and QS University Rankings. There are hundreds of programs to choose from for international students, a large number of those courses offered in English. Additionally, MBA in Germany is one of the most affordable places to pursue an MBA compared to English speaking countries like the USA and Australia, and the other European countries, too.

Most Public Universities in Germany offer free-tuition even to international students. However, most of the business schools don’t. MBA in Germany are mostly paid courses and the students are required to pay the fees at the beginning of each semester or year. It depends on the program and the university the candidate has chosen. The duration of an MBA in Germany would also change with universities, with some offering a 12 months course, while others offering the course for 24 months.

Here is the list of Top Business Schools for MBA in Germany:

Business Schools in Germany

Financial Times MBA Ranking

QS MBA Ranking

WHU-Otto Beisheim School of Management

64

66

Mannheim Business School

71

38

ESMT Berlin

79

80

Frankfurt School of Finance & Management

-

41

HHL Leipzig Graduate School of Management

-

120

 

MBA in Germany Requirements

Now that you know what is MBA in Germany and where to enroll for the best courses, here are the common requirements and eligibility criteria to pursue an MBA in Germany.

Universities in Germany often require a four-year bachelor’s degree if one is looking forward to enrolling for an MBA. If one has done a three-year bachelor’s degree, they would require to have a year of relevant work experience. However, there is no one requirement for MBA in Germany. Each university and business school will have its own eligibility criteria and admission requirements. Apart from academics, students might be asked to present their GMAT/GRE scores for admission, and IELTS/TOEFL scores for English language proficiency. If you are pursuing a course that is in German, the test requirements would be TestDAF or DSH.

For most universities and business schools, the requirements would differ. The course requirements can be found on the specific course pages on university websites.

MBA in Germany without GMAT:

GMAT stands for Graduate Management Admission Test. For a large number of business schools in the world, GMAT scores are eligibility criteria. However, there are many universities and business schools in Germany where one does not need to have GMAT appearance to pursue an MBA. These schools mostly require previous education in the business and management field or the experience in the same. Here are the top universities and business schools for MBA in Germany without GMAT

  1. Technical University Of Munich

  2. Ludwig Maximilian University Munich

  3. University Of Kiel

  4. University Of Tubingen

  5. University Of Stuttgart

MBA in Germany Cost:

The cost for MBA in Germany will be different for each university and business school. Depending on the university you choose, the courses can go up to 40000 euros a year. Here are some of the top schools and tuition fees for MBA in Germany:

 

Business Schools in Germany

Tuition Fees for the Whole Program

Mannheim Business School

39,500 Euros

WHU-Otto Beisheim School of Management

40,500 Euros

Frankfurt School of Finance & Management

38,000 Euros

Cologne Business School

34,221 Euros (2 Year Course)

HHL Leipzig Graduate School of Management

38,000 Euros

 

Most of these schools and universities in Germany offer scholarships and financial aid to international candidates, too. Make sure you research and apply for these scholarships and financial aid if eligible.

After an MBA in Germany:

Depending on the course, postgraduate students are allowed to stay back in Germany for 18 months and the MBA is no different. For these 18 months, the candidates are allowed to do any kind of job to sustain themselves and fund their job-search in the relevant field. The MBA graduates are always highly sought after, who possess the right set of skills. An MBA from Germany not only opens up your doors to employment in Germany but it is also accepted worldwide.