Students earn a Master of Business Administration to learn business and management skills. MBA graduates are highly employable and have many employment alternatives because managerial and business-making tactics are crucial for every business. It was in the United States that this degree was first launched, and it is expected that it will soon become the norm in institutions all over the globe. Only some countries have MBA universities that stand out. German universities are definitely on the list.
Germany is often called the land of ideas and possibilities. Germany is a popular MBA destination for international students because of its technology, research, and innovation. Germany is a popular location for knowledge seekers because of its education system. Germany’s world-class facilities, state-of-the-art infrastructure, and no tuition costs make it a top MBA destination. Most publicly financed German colleges offer MBA programs without tuition. Students must pay an administration fee at the start of each academic year.
An MBA in Germany will deepen your understanding of many crucial business issues. MBA programs in Germany are research-intensive, so you’ll gain real-world experience that will strengthen your critical thinking and decision-making skills and make you more employable.
Check why choosing German universities for an MBA is a good idea.
How much does an MBA cost in Germany?
The cost of getting an MBA in Germany is much lower than anywhere else globally. Because of Germany’s generous education system and opportunities to work while studying, an MBA in Germany is surprisingly reasonable for students from India. Another approach to reducing the cost of an MBA in Germany is to apply for scholarships or work as a student.
Public Universities
National and international students at German public universities pay no tuition. These universities think education is a right. Some universities impose minimal administrative or semester fees of 111-275 EUR (approximately 9600-23780 INR) per semester. German students who pursue consecutive master’s degrees at the same university are exempt from tuition payments. A non-consecutive MBA or management master’s degree at a public university costs 3–25 Lakhs. Since these are estimates, students should verify their university’s website for MBA course prices.
Private Universities
Unlike government-funded public universities, private German universities charge tuition for all proposed programs. International students prefer these colleges because they have easier eligibility requirements than public ones.
Students have several possibilities because these universities provide specialized MBA programs. Like other top US universities, these offer the most effective MBA programs. The average cost of an MBA program at a private university in Germany is 30,000 EUR-50,000 EUR (approximately 25,93,700 INR-43,22,800 INR) for full-time MBAs and 90,000 EUR (77,80,960 INR) for executive MBAs.
Why pursue it in Germany?
Germany is the location to earn your MBA and start a career. German MBA programs attract aspiring managers due to their high quality, low cost, and strong economy. Germany offers a wide range of programs and colleges for higher education. Business schools, art schools, colleges, technical colleges, universities, and universities of technology, both public and private, provide hundreds of MBA courses.
German universities have January and September intakes for one calendar year. January enrollment is limited. Students who choose Germany for their MBA can enroll in a traditional MBA program focusing on general management or a more unorthodox program expanding to specialist industries like healthcare management, consulting, and logistics. Germany is on the global education map because students can pick from many MBA courses.
Top best universities to join MBA in Germany
Students worldwide flock to Germany to take advantage of the high standard of education available at a comparatively low cost. Many institutions offer MBA programs in Germany, and students can choose from various specializations. Selecting the right college can take time and effort. Therefore here is the list of the best schools in Germany offering excellent MBA programs.
- Technical University of Munich
- International Graduate Center, University of Bremen
- Frankfurt School of Finance and Management
- WHU Otto Beisheim School of Management
- Mannheim Business School
- IUBH University of Applied Sciences
- Gisma Business School
- EU Business School, Munich
Prerequisites for an MBA program in Germany
There are two categories of higher education institutions in Germany: public and private. MBA programs in Germany have varying requirements depending on the school. In contrast to many other nations, getting an MBA in Germany can be done without having any professional work experience first.
The requirements for an MBA in Germany might vary widely because a single organization does not govern the country’s universities. Nonetheless, the following are some of the more standard requirements for getting an MBA in Germany:
- German bachelor’s degrees in related fields are either 4-year or 3-year with a 1-year master’s degree. Germany’s MBA program accepts 3-year bachelor’s degrees.
- Passing GMAT/GRE/IELTS/TOEFL exams with valid scores. Most German colleges demand an excellent TOEFL score. Thus you can apply for an MBA in Germany without GMAT.
- Get German language skills. Most German colleges offer English-language MBA programs, although only some demand German language ability.
- A solid academic record, which for Indian students means at least 60% aggregate academic score.
- Certain institutes may administer an admission exam to determine MBA program eligibility in Germany.
Since each German university and MBA program has its own admissions requirements, it is impossible to develop a single set of standards for who can apply for an MBA in Germany.
The Executive MBA is another flexible and popular program for experienced workers in Germany. Employer-sponsored MBA programs typically need two years of professional experience.
The German government requires that all colleges and universities offer free tuition to their students. It means that international students can take MBA programs in Germany for free. A Master of Science (MS) is another great option for graduate study in Germany because you can take it in many fields.
Final Text:
Germany is the best place to advance your managerial career quickly and cheaply. Even though getting an MBA in Germany is cheap, the quality of education at German schools stays the same. Simplilearn online courses can help you reach new heights.
