Studying MBA in Germany

Germany is one of the top destinations chosen by international students for an MBA, especially because the public universities in Germany do not charge tuition fees. A few reasons why you can choose to pursue your MBA in Germany are

• Better course structure: The course structure of an MBA program in Germany is wide, and there are several specialisations to choose from. This will help students choose the course that best suits their interests.

• Flexibility: Germany offers high flexibility for pursuing courses, and students can study MBA both full-time and part-time. This also helps students study at a lesser tuition cost.

• Affordability: As mentioned above, public universities in Germany do not charge tuition fees for their Master’s students, making it affordable to study there. This is especially so because MBA is one of the most expensive programs.

• Research-oriented: MBA programs in Germany are research-oriented, which helps students to improve their decision-making skills.

• Employability: MBA is one of the very few Postgraduate degree programs that have a high demand in the job market.

Don’t you find all this information intriguing and useful?

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Germany has several top universities that offer MBA courses, and these include both private and public universities. The tuition fee can vary based on the university you choose, and the table below will help you understand in detail the tuition fee, course duration, and much more.

All students need to satisfy a few eligibility criteria to study MBA in any university in Germany. Though there can be a few differences in these criteria based on the university and specialisation you choose, there are several requirements that remain the same for almost all universities. We have given them below. However, it is also advisable to visit the official website of the university so that you get updated information on everything.

1. A Bachelor’s degree from a recognised university with an acceptable score of at least 60%.
2. A GMAT score between 500 and 600 or a GRE score of around 280.
3. A good score in any English proficiency test like IELTS, TOEFL, PTE etc.
4. A 2-5 years of work experience may be asked for by some universities.
5. Some universities may also conduct entrance exams.

• All academic documents.
• English proficiency test scorecards.
• GMAT/GRE test scorecards.
• Proof of work experience.
• Letter of Motivation.
• Letter Of Recommendation (LOR).
• Statement Of Purpose (SOP).
• Completed university application form.
• Passport.
• Proof of work experience.
• Updated resume/CV.

The cost of studying an MBA in Germany is dependent on a variety of factors like the type of university, duration of the program etc. The average tuition cost ranges from EUR 9000 to EUR 50,000. The table below will help you understand the tuition costs of top universities in Germany.

MBA is one of the very few degrees that have a high demand in the job market. It is estimated that most MBA graduates in Germany find a job within three months of completing their course. The average salary of an MBA graduate in Germany ranges from EUR 53,000 to EUR 73,000. The table below will help you understand better about the job roles and salaries.

All international students should have a blocked account and a minimum balance in it when they come to Germany. The blocked account should ideally have EUR 11,280 or INR 9,00,000 for the first year of study. Students can withdraw upto EUR 934 or INR 75,000 per month. Additionally, you can spend more depending on how much you earn. You can work part-time in Germany to earn an additional income.

We hope to have covered all information related to pursuing an MBA in Germany. If you wish to learn more about the cost of studying and living in Germany, scholarships, study visas, health insurance etc., you can read our blogs on them. You can also contact AECC’s expert counsellors to get one-to-one assistance.