MBA in Germany: Fees, Cost, Eligibility & Scholarship

Kritika Yadav

Last Updated: October 4, 2022
12:12 pm

MBA in Germany: Mind-blowing architecture, world-class technology and a bewildering history, there’s more to Germany than just its stunning cities. A pioneer in the field of technology and sciences, Germany has always been ahead of times juxtaposed to the rest of the world. And while the term German engineering needs no further introduction, Germany also contributes to the business world with its stupendous management degrees. Appear for the newly added features TOEFL test and take your step to study in Germany.

Gaining more and more traction in the recent decade is Germany’s management degree. Pursuing an MBA in Germany is synonymous to a bright career in a top-corp. Widening the horizons of conventional management degrees are specifically designed MBA programs in Germany that cater to various arenas of business and management. Germany is also among the most preferred location for studying abroad.

Germany has a lion’s share in the world economy and has also one of the strongest economies in the world. This is the primary reason why students prefer studying in Germany.

The country houses world-class universities, some being centuries old. German universities consistently strike a place in the top universities in the world ranking, some even being the most touted for management and engineering degrees. This makes it a hotspot to make a career in management. Institutes like Manheim’s Business School and ESMT are said to offer the best MBA in Germany, also being featured in the top 100 business schools in the world.

Germany’s premium institutions have close ties with the best companies across the globe, thanks to their experienced faculty that makes it happen. This is the reason why MBA in Germany for Indian students is highly recommended.

There are plenty of MBA courses in Germany that belong to varied fields like Marketing, Finance, Entrepreneurship Management and Human Resources.

Why Study MBA in Germany?

There are several reasons to pursue an MBA in Germany. First, the German economy is the largest in Europe and the fourth largest in the world, so an MBA from a German school can open doors to many different career opportunities. Second, Germany is home to some of the top business schools in the world, such as the Frankfurt School of Finance & Management and the WHU – Otto Beisheim School of Management. And finally, studying in Germany is an opportunity to experience first-hand one of the most vibrant and innovative cultures in Europe.

Affordable Tuition Fee

The low tuition fees for an MBA in Germany are very attractive to international students. The average tuition fee for an MBA in Germany is only which is significantly lower than the average tuition fee for an MBA in the United States and UK. This makes Germany a very attractive option for international students who are looking to get a high-quality education at a reasonable price.

International students who study MBA in Germany are able to pursue a part-time work schedule or apply for additional scholarship options supplied by the university. This will decrease the financial burden you’re under while you’re earning an MBA abroad.

Top MBA Colleges

There are many reasons to study MBA in Germany, but one of the top reasons is the quality of the colleges. Germany is home to some of the best MBA programs in the world, and students who choose to study here can be sure they are getting a top-notch education.

In the past, the majority of universities featured qualitative education and esteemed individuals interested in different fields of knowledge. There are numerous universities in Germany, each of which places a premium on education and training. Germany’s top five business schools rank in the top 50 MBA programs worldwide.

Extraordinary Curriculum

German universities provide MBA programs that not only emphasize conceptual learning but also practical skills that will aid students in the real world. These programs are designed to give students the tools they need to succeed in a variety of business fields. By providing both theoretical and practical training, German universities ensure that their students are well-prepared for the challenges of the modern business world.

Future prospects

One of the worries of people wanting to do an MBA from abroad is what after an MBA. Worry not, because Germany is a paradise for MBA graduates and has many internationally branded companies that are always eager to hire well-qualified and motivated MBA graduates. These companies value the international perspective and skills that MBA graduates bring, so you will be in high demand after completing your degree. So if you are considering an MBA, don’t let worries about your future stop you from achieving your goals.

Read: Why Germany as a study destination? 5 reasons!

MBA Program Structure in Germany

The MBA program in Germany structure typically consists of four semesters. The first two semesters are dedicated to coursework, while the third and fourth semesters are typically reserved for internships and the completion of a thesis project. Most programs also include an international study component, which allows students to gain exposure to different business cultures and practices.

Course	Details
2-year full- time course	The traditional MBA course in Germany that has 2 years of campus studies and internships.
2-year part-time course	In this course, students can study part-time and opt for part-time job while pursuing the course
1 year MBA in Germany	A convenient MBA program preferred by professionals as well as international students. Some top colleges offering one year MBA in Germany are GISMA school of Business, ESMT, WHU, Frankfurt School, Mannheim Business School.
Distance learning	This MBA program in Germany is offered by select institutions, students can pursue this MBA degree in Germany from anywhere in the world.

Check out the list of programs to study abroad in Germany

MBA Courses in Germany for Indian Students

Indian students can choose from a wide variety of MBA specialization courses in Germany. Top universities in Germany offer courses like Finance, Innovation, Leadership, Supply Chain Management, International Management, etc. All those students who want to keep working while doing their MBA can also opt for Executive MBA programs. Here’s the list of MBA courses in Germany for international students.

MBA courses in Germany are becoming increasingly popular among Indian students. The quality of education and the opportunities for career advancement make Germany an attractive option for business students.

The number of Indian students studying in Germany has increased significantly in recent years. There are a number of reasons why MBA courses in Germany are becoming more popular among Indian students. The quality of education is excellent, and there are many opportunities for career advancement after graduation. Additionally, the cost of living and tuition fees are relatively affordable when you have part time job.

S.No.	MBA Courses in Germany for international students
1	MBA in Entrepreneurship
2	MBA in Finance
3	MBA in HR
4	MBA in Innovation and business
5	MBA in International Management
6	Leadership & supply chain management
7	Executive MBA in Business & IT
8	MBA in Marketing
9	Executive MBA
10	Engineering Management

MBA in Germany Eligibility Requirement

German universities belong to two types namely, public and private. Each university has different eligibility criteria for MBA in Germany. It is possible to pursue MBA in from Germany without work experience unlike it many countries where prior work experience is a prerequisite for an MBA degree.

German universities are not regulated by a central body making the MBA in Germany requirements quite variable.

But the generalized criteria for pursuing MBA from Germany are as follows:

A bachelor’s degree equivalent to a German bachelor’s degree in relevant subjects, it could be a 4-year degree or a 3-year degree with 1-year master’s degree. Few universities also accept a 3-year bachelor’s degree to study MBA in Germany.
Valid score in GMAT/GRE/IELTS/TOEFL. Each university accepts the score of different exam. Since most German universities only require a valid TOEFL score, it is possible to apply for MBA in Germany without GMAT. Read: Germany – List of Exams
Basic knowledge of German Language. Although most universities offer a program for MBA in Germany in English, few require a certain proficiency in German language to be cleared.
A good academic record, for Indian students, this can be equivalent to a minimum of 60% aggregate academic score
Few institutes might conduct an entrance exam for determining the candidature to purse an MBA program in Germany.

These are few must-haves to apply for an MBA in Germany for students. There are no set rules that can be defined whether a candidate fits the eligibility since different universities and programs demand different categories to be fulfilled.

There’s yet another versatile and popular course offered for experienced professionals, known as the Executive MBA. This MBA is mostly employee-sponsored and needs at least 2 years of past work experience.

Top MBA Colleges in Germany for Indian students

There is no dearth of top MBA Colleges in Germany. Consistently featured in the list of the world QS rankings, the business schools in Germany are known for their versatile program structures, brilliant faculty and beautiful campuses. Furthermore, the private MBA schools in Germany offer flexible program structures like online degrees, part-time degrees as well as executive MBAs. What sets apart the MBA universities in Germany from the rest of the universities in the world is the strong connection to the corporate world, making the campus placement process smooth and dependable.

MS in Germany is also a perfect choice of higher education degree, you can study variety of subjects under a Masters of Science.

Public universities in Germany for MBA

These are the top 5 recommended MBA colleges in Germany for Indian students due to their no-tuition fee structure.

S.NO.	Public Universities in Germany for MBA	Eligibility
1	University of Mannheim Business School	3 years of work experience IELTS: 7.0 TOEFL iBT: 95
2	University of Cologne	4 years of work experience
3	Technical University of Munich	4 to 5 years of work experience; Letter of Motivation
4	Ludwig Maximilian University Munich	IELTS: 6.5 TOEFL: 79
5	RWTH Aachen University	80% in bachelors, GMAT/ GRE score, Interview, 2 years of work experience

Private University in Germany for MBA

Here’s a list of top MBA colleges in Germany for Indian students who are looking for private institutes:

S.NO.	Private Universities in Germany for MBA	Eligibility
1	European School of Management and Technology	3 years of work experience; GMAT (average: 640)/GRE score; Interview
2	HHL Leipzig Graduate School of Management	GMAT/GRE score, Interview, 3 years of work experience
3	GISMA School of Business	GRE, IELTS: 6.5 TOEFL
4	BSBI- Berlin School of Business and Innovation	TOEFL, PTE, IELTS
5	WHU – Otto Beisheim School of Management	GMAT (minimum 600 is recommended) or GRE, 2 years of work experience

How to Apply for MBA in Germany?

To apply for an MBA in Germany, first you have to select your institute that you wish to apply for. The next step is to check eligibility requirements of your chosen institution.

Typically for an MBA program in Germany, the application process requires following documents:

GMAT/ Test Score
English proficiency record with scores of TOEFL/IELTS depending on the which the institute demands
Mark-sheet/ Score card for bachelor’s degree
Copy of Passport
Letter of Recommendation (minimum two)
Statement of Purpose/Letter of Motivation/Essay
CV/Resume

Submit your individual application form for the institute along with copies of these documents to apply for a MBA course in Germany.

For details, you can check out: How to Apply in a University in Germany

MBA in Germany Fees and Living Cost

MBA in Germany is cheaper than the rest of the world. Thanks to its gracious education system and scope for students to work while studying, the cost of MBA in Germany for Indian students is quite affordable. Students can further cut down the cost of an MBA in Germany by applying for scholarships or working as a student in Germany.

MBA in Germany fees

Self-funded institutions that offer premium MBA courses in Germany have specific tuition fees. The fees generally vary between 15K-30K Euros as of 2018 2022. These fees vary for each university. For public universities with no tuition fees, students have to only pay a semester fee of around 250 to 500 Euros per semester.

Free MBA in Germany for Indian Students

Yes, you heard it right! Germany’s public institutions are 0 tuition fee institutes. This means that free MBA from Germany for international students is a reality! Students just have to bear the expenses of food and accommodation. In 2017, public universities in few states of Germany have re-introduced tuition fees for non-EU students.

The average cost of studying MBA in Germany may cost around 14,000 – 45,000 USD (INR 8 – 35 Lakhs).

Find out the details: Cost of Studying in Germany

How to get Scholarship for MBA in Germany?

The official website of DAAD offers a list of available scholarships for Indian students wanting to pursue an MBA from Germany.

Few of the notable scholarships for MBA in Germany are as follows:

Central Sector Scheme of National Overseas Scholarship: Awarded by Ministry of Social Justice & Empowerment, Government of India for 100 Indian students per year with a maximum scholarship of around USD 33K.
Global Study Awards: Awarded by Study Portals, ISIC and British Council

Other expenses for MBA in Germany include accommodation, food and travel.

Find out the details: Scholarships to study in Germany

MBA colleges in Germany without work experience

As discussed in the eligibility section, prior experience is a plus point for pursuing MBA in Germany. That said, there are few MBA colleges in Germany that accepts students without prior work experience.

Here’s a list of 5 best universities in Germany for MBA without work experience:

S.NO.	Germany Universities offering MBA without work experience
1	Technical University of Munich
2	Ludwig Maximilian University Munich
3	University of Kiel
4	University of Tubingen
5	University of Ulm

Check out the entire list of Higher education institutions in Germany.

MBA in Germany without GMAT

Want to study in Germany but missed the GMAT exam? Or did not performed well in the GMAT? Here’s the list of colleges accepting students without a GMAT or GRE score.

S.No.	Universities
1	Technical University of Munich
2	Berlin School of Economics and Law
3	Cologne Business School
4	Accadis Hochschule Bad Homburg

Jobs after MBA in Germany?

Doing an MBA in Germany will not only be cheaper as compared to other countries, but it will also skyrocket your professional career. The top universities in Germany provide a great return on investment by providing high-paying jobs after an MBA.

Here’s the list of universities offering the highest-paying jobs after an MBA.

There are a variety of jobs available for those with an MBA in Germany. Many large companies are headquartered in Germany, so there are plenty of opportunities for those with business backgrounds. There are also many small and medium-sized businesses in Germany, so there is room for entrepreneurship. And finally, the public sector also employs a significant number of MBAs. So no matter what your interests or goals are, there is likely a job in Germany that is a good fit for you.

Universities	Average Annual salary (INR)
Mannheim Business School.	87 Lacs
Hamburg University	1 Crore
Berlin School of Economics	54 Lacs
University of Erlangen-Nuremberg	2 Crore
HHL Leipzig Graduate School of Management	76 Lakhs

FAQs

Is MBA free in Germany for Indian students?

A few colleges in Germany do offer tuition free MBA courses to international students. However, this does not mean that an MBA in Germany is free of cost, as you will have to pay some semester fees.

How much does an MBA cost in Germany for an Indian student?

The average cost of studying MBA from Germany for Indian students may cost around INR 8 – 35 Lakhs.

Is Germany a good option for an MBA?

Germany is the fifth most popular country for international students and the second cheapest country for studying abroad. Not only is Germany the cheapest compared to the UK, US, and Canada, but the cost of living in Germany is also very low.

Do I need to learn German to study in Germany?

No, it is not necessary to learn German to study in Germany as German universities offer international courses to international students that are taught in English. However, one should be really fluent in English.

Is a GMAT score mandatory for pursuing an MBA in Germany?

No, it is not mandatory to have a GMAT score to pursue an MBA from Germany, as many German universities like Technical University of Munich, Berlin School of Economics and Law, etc., accept students without a GMAT score.

MBA in Germany: Fees, Cost, Eligibility & Scholarship

Kritika Yadav

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