MBA in Germany: Fees, Universities, and Eligibility for Indian Students

authorImageMbbs 18 Apr, 2024
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MBA in Germany: Fees, Universities, and Eligibility for Indian Students

MBA in Germany - Germany is generally referred to as the land of ideas and opportunity. Germany is a significant hub for technology, research, and creativity, making it one of the most popular destinations for international students pursuing an MBA. Germany, an appealing location for knowledge seekers, places a high value on its educational system.

 

Germany has advanced infrastructure, world-class facilities, and no tuition costs, making it one of the most popular MBA study locations in the world. All students interested in pursuing a Masters of Business Administration (MBA) should be aware that most publicly financed colleges in Germany do not charge tuition fees. Students are required to pay an Administration Fee at the start of each academic year.

MBA in Germany

Germany has emerged as a top destination for Indian students looking for a high-quality education and promising employment opportunities. In recent years, the country has garnered respect for its excellent MBA programmes, which are given by the best MBA institutions in Germany. The degree provides access to a plethora of opportunities in one of Europe's most robust economies.

MBA in Germany is a 1-2 year postgraduate degree programme that is accessible in both full-time and part-time settings. General management, marketing management, financial management, entrepreneurship, and supply chain management are popular specialisations provided by top German MBA programmes. Admission to the programme requires a bachelor's degree and one to four years of professional experience. You will also need a minimum GMAT score of 600.

MBAs from private German institutions cost between 8,000 and 50,000 EUR per year (INR 7 to 44 lakhs). There are no tuition fees at Germany's public MBA institutions. Instead, students must pay a semester fee of 200 to 1,400 EUR (17,000 to 1.25 lakh INR). MBA in Germany offers a significant return on investment, with graduates earning an average income of 35,000 to 80,000 EUR (31 lakhs to 71 lakhs INR). BMW, Siemens, Bosch, Deutsche Bank, SAP, and Adidas are among the top firms in Germany who hire graduates with MBA degrees.

MBA in Germany Highlights

Particulars

Details

Courses Available

  • MBA 

  • Executive MBA

Course Type

  • Full-time 

  • Part-time

Program Duration

1-2 Years

GMAT score

600 – 640

Professional Experience

At least 1-3 Years

English Proficiency Requirements

  • IELTS: 5.5 to 7 (at least 5 to 6.5 in each band) 

  • TOEFL iBT: 61 to 100 

  • PTE: 64-76

Annual Tuition Fees

8,000 to 50,000 EUR (7 lakhs to 44 lakhs INR)

Annual Salary Range

35,000 to 80,000 EUR (31 lakhs to 71 lakhs INR)

Top Recruiters

  • Wipro 

  • Airbus 

  • Microsoft 

  • KPMG 

  • EY 

  • Amazon 

  • Adidas 

  • BMW 

  • Siemens 

  • Bosch

MBA in Germany: Eligibility Criteria for Indian Students

The application procedure for an MBA in Germany begins twice a year, for admission to the winter and autumn sessions. MBA colleges in Germany use the following admission requirements for Indian students:

  • A bachelor's degree in business, economics, industrial engineering, or equivalent from a recognised university.

  • Requirements include official or verified transcripts, a GMAT score of at least 600, and two professional and one academic letters of recommendation.

  • Include passport-sized pictures and a 500-word SOP for MBA.

  • An updated resume or curriculum vitae.

  • Valid passport from Germany

  • Student Visa

The table below shows the university-specific entrance requirements for Indian students seeking an MBA in Germany.

If you want to pursue an MBA in Germany but lack prior job experience or have not taken the GMAT, there are still choices accessible to you. Several respected colleges in Germany offer MBA programmes that do not need job experience or GMAT scores, including as

  • University of Kiel

  • University of Tubingen

  • University of Ulm


Some MBA institutions in Germany that provide MBA without GMAT scores include -

  • Berlin School of Economics and Law

  • University of Kiel

  • Reutlingen University.

MBA in Germany: Universities and Fees for Indian Students

According to the QS World Rankings 2024, the best MBA institutions in Germany that have received worldwide recognition are:

 

University

Duration

Total Tuition Fees (EUR)

Fees (INR)

Saarland University

1 Year

12,000

10,83,864

University of Bayreuth

1 Year

17,200

15,53,665

ESMT Berlin

15 Months

49,000

44,26,140

Frankfurt School of Finance and Management

12 Months 

18 Months

49,500

44,71,305

Munich Business School

12 Months

32,000

28,90,540

HTW Berlin

18 Months

12,500

11,29,117

Reutlingen University (ESB Business School)

12 Months

9,600

8,67,162

Hochschule Pforzheim

16 Months 

21 Months

8,800

7,94,895

GISMA Business School

12 Months

18,000

16,25,922

Technical University of Munich

24 Months

39,000

35,22,831

WHU-Otto Beisheim School of Management

12 Months

43,000

38,84,147

RWTH Aachen University

18 Months

30,000

27,09,907

SRH Berlin University of Applied Sciences

1 Year 

18 Months

21,600

19,51,133

Leipzig University

15-21 Months

37,500

33,87,384

Conclusion 

MBA in Germany is a practical research-oriented programme aimed mostly at working individuals aiming for management roles. Furthermore, applicants can get academic knowledge as well as practical experience at German MBA institutions. Germany is an ideal business education destination, offering a diverse range of long-term employment options.

FAQs

Q.1. Is an MBA in Germany expensive?

Ans: No, MBA in Germany is relatively reasonable even by Indian standards, and given the quality of education there, it is a very popular option for foreign students. The average German MBA college fee is EUR 39,000.

Q.2. Is it easy to acquire a job in Germany after an MBA?

Ans: An MBA degree from Germany is highly valued and can help you land a desirable, high-paying career. However, if you are proficient in German, your chances of landing a job after earning an MBA improve dramatically.

Q.3. What is the cost of studying for an MBA in Germany?

Ans: MBA programmes in Germany typically cost between ₹14 and ₹33 lakh for Indian students. While the rent is pricey, you may easily afford it with part-time work.

Q.4. How much do MBA graduates make in Germany?

Ans: An MBA graduate's starting pay in Germany is approximately Euro 55,000 per year. In addition to your income, you may expect to get a bonus of approximately Euro 13,700

Frequently Asked Questions

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