MBA studies in Germany typically span 12-24 months. Some business schools, however, may provide programs of 15, 18, or 20 months; the ESCP Berlin Campus for instance, provides Executive and International Management MBA programs lasting 18/10 months individually; similarly Cologne Business School offers one and two year programs respectively.
Germany, known for being the fourth-most robust economy and leader in car and electrical manufacturing industries, is gradually becoming an attractive study abroad option among MBA aspirants.
German MBA degrees not only boast stunning landscapes and close proximity to other European nations, but can open up numerous professional doors. Furthermore, Germany boasts an ideal combination of serious study and leisurely pursuits: only 4% of representatives work extended periods compared with 11% in UK or 11% in USA.
What ever it may be, is an ideal mix between fun and serious activities the primary reason we see more international students pursuing MBA in Germany? Nope! That’s not it at all.
This article covers why it makes sense to pursue an MBA degree in Germany, the student and work visa requirements, top business schools/colleges in Germany and much more.
Here is an outline of what to expect if you plan to study MBA in Germany:
Duration | 12-24 months |
Popular MBA programs | Full-time, part-time, and executive MBA. Some colleges also offer distance learning programs |
Average Tuition Fees | €30,000 to €50,000 for full-time MBA courses. For executive MBA courses fees can be around €90,000 |
Top MBA programs in Germany | Some of the top MBA programs in Germany are ESMT berlin, Frankfurt School of Finance and management, Mannheim Business school, Otto Beisheim Graduate school of Management, and many more |
Eligibility | You would require an undergraduate degree from a recognized institution, GRE/GMAT scores, and Proof of Language proficiency (English or German) |
Minimum GMAT/GRE score | GMAT 550+ or equivalent GRE |
Minimum work experience | The minimum work experience required for an MBA in Germany is one year. However, there are colleges that require at least 2 or 3 years of work ex |
Average Salary offered (Top 6 MBA colleges) | €70,000 approx. |
MBA in Germany jobs | Software Developers, programmer, and architects Health Nurse Sales Partner and Sales Representative Sales Manager and Product manager Personal administrator: HR Manager |
Cost of Living | When compared to other European countries, the cost of living in Germany is quite reasonable. You will need approx. €853 a month to cover your living expenses in Germany as of 2020. The overall cost of living depends on two factors: Where you are settled in and What type of lifestyle you have |
Why MBA In Germany?
Why Study MBA in Germany? An MBA degree in Germany has quickly become one of the top study goals among Canadian, Australian, British and US citizens alike.
According to the World Bank, Germany is the fourth-largest economy globally and Europe’s biggest. After graduating, numerous jobs become available – in fact 69.2% of international students prefer staying and finding employment within Germany according to International Student Statistics 2020; starting around 2010, its international student local area increased 53%!
Germany stands out as an economical powerhouse with reasonable MBA tuition charges, low cost-of-living compared to other European nations, and favorable post-MBA visa conditions.
Here Are The Top 5 Motivations To Seek After Mba In Germany:
- More limited length of a MBA program
- More modest Class size and Moderate section requirements
- Minimal expense of MBA
- Post-MBA business opportunity
- Simplicity of getting a work visa
More modest Class size and Moderate section requirements
Class sizes and section requirements that are more moderate is one major distinguishing feature between German colleges and American or Canadian counterparts.
How Could It Be Helpful For You?
MBA classes with smaller class sizes offer you more intimate interactions between schoolmates. Furthermore, personnel can focus more intensely on your personal improvement requirements.
Gmat Score Requirement In Germany
Though most business schools require GMAT scores for admissions purposes, several – like TU Munich, Berlin School of Economics and Law and Ludwig Maximillian University Munich among others – place more importance on experience over GMAT scores when making admission decisions.
However, when applying to one of Germany’s top 5 MBA colleges, a GMAT score will usually be necessary. An ideal score would fall between 550 to 600; however a 600+ GMAT score can significantly boost your confirmation and grant prospects – thus encouraging candidates to aim high when taking this exam.
Top Universities For MBA In Germany
Germany offers various kinds of MBA degrees, such as Executive, Online and International programs. According to QS Global’s 2022 rankings for full-time MBA programs across Europe, Germany was home to six out of 73 full-time programs on this list – these six business schools comprise Germany’s premier MBA colleges:
- Mannheim Business School
- Frankfurt School of Finance and Management
- WHU (Otto Beisheim)
- ESMT Berlin
- HHL Leipzig Graduate School of Management
- EU Business schools
Top Universities for MBA in Germany | Fees | Duration | Salary | Global QS Ranking Europe 2022 |
University of Mannheim – Mannheim Business School | €39,900 | 12 + 3 months | €95464 | 16 |
Frankfurt School of Finance and Management | €39,000 | 12 months | €67,000 | 18 |
WHU University – Otto Beisheim School of Management | €40,500 | 12 months | €77,897 | 24 |
ESMT Berlin | €43,500 | 14 months | €71,900 | 30 |
HHL Leipzig Graduate School of Management | €39,500 | 12 – 21 months | €64,322 | 42 |
EU Business schools | €20,850 | 12 months | €60,000 | 43 |