MBA in Germany
More than 6,000 students choose to study MBA in Germany every year at top business schools. Germany is world’s 4th largest economy in 2024 providing immense job opportunities. The QS 500 ranking consists of 28 best universities in Germany for MBA. These business schools from Germany offers to teach the unique management strategies adapted by the industries making them market leaders.Various universities offer to teach course in English leading to Masters in Business Administration in Germany. On completion of a MBA degree is Germany, you are absorbed by the global industry at a salary package which is far higher than in India. If your aim is to settle down in Europe with high quality life style, its time to start looking for top MBA universities Germany.
MBA in Germany for Indian Students
The industry designed curriculum parted at the MBA in Germany colleges changes your vision from local to global level. The graduates from various backgrounds such as commerce, Business and engineering look to join the top universities in Germany for MBA. There are 90 business schools in Germany out of which 14 Germany MBA colleges offer accreditation such as AMBA, AACSB, EFMD or EQUIS.
MBA in Germany for Indian students is very popular since the MBA in Germany cost is almost equivalent to the Indian MBA cost for the similar ranked university. When you work in Germany the MBA fees are fully justified due to the high salary providing ROI for your investment and upgradation in career.
You can call to the expert Germany Study abroad consultant at MOKSH to pursue your dream career at the best Germany university for MBA.
Why Study MBA in Germany?
Germany offers a plethora of compelling reasons to embark on your study abroad journey. Read on to explore why studying in Germany is a top choice for international students.
- Top Ranked Universities : The top QS 500 ranking shows that there are 28 universities for Masters in Germany. These master program in Germany can definitely lead you to the global corporations around the world.
- MBA from Germany Fees : The tuition fees at MBA schools in Germany is at par with highly ranked Indian MBA schools. However, the ROI is far too more in Germany due to 3 to 5 times the packages offered by the global conglomerates based in Germany.
- MBA in Germany without GMAT: Few of the top business schools in Germany do not require high GMAT scores for admission.
- Post Study Work Visa : After completion of study at any business schools in Germany, a 24 months of work search permit opens doors to career opportunities for you to work and settle in Germany.
- English taught MBA programs : Since 2017, the English taught MBA programs in Germany are available several MBA colleges in Germany for Indian students.
- Settle down in Germany : After completion of course from a MBA university in Germany, the Indian students work at global corporations. Once they spend 21 months of working, they become eligible for the blue card or a permanent residency.
Top 10 MBA colleges in Germany
There are various types of MBA courses in Germany. The public universities in Germany for MBA generally provide courses in German language. These are of course the cheapest MBA in Germany for Indian students. Some universities such as OVGU are MBA public universities in Germany providing English taught course but are on chargeable basis!
Most of the English taught programs are available at private top business universities in Germany. The list of top MBA schools in Germany is given below:
| Best Public University in Germany for MBA | Private Universities in Germany for MBA |
|---|---|
| Technical University of Munich MBA | Fochhoschule Des Mittelstands |
| University of Mannheim Business School | GISMA school of Business |
| University of Cologne MBA | Berlin School of Business & Innovation |
| Lugwig Maximilian University | Jacob University Bremen |
| RWTH Aachen | Hartie School of Governance |
| University of Kiel | Bard College of Berlin |
| University of Tubingen | WHU Germany MBA |
| ESMT Berlin MBA | IUBH |
| Otto Von Guiricke University | SRM Hochschule Berlin |
| Frankfurt School of Management | PFH |
The top MBA colleges in Germany run industry designed academics along with one semester dedicated to the internship in various German companies. You may contact MOKSH Study abroad Germany counselor to apply to the best business universities in Germany. The MOKSH team will take care of your journey from application till you arrive in Germany including German Visa processing for your MBA courses in Germany.
Specialisation during MBA in Germany
The best MBA colleges in Germany for Indian students offer specializations in various streams at the various B schools in Germany. Few of these are mentioned below:
- MBA in Finance in Germany
- Strategic Business Management
- Global MBA
- International Marketing
- General Management
- Executive MBA Germany
- Online MBA Germany
The best business schools in Germany have a variety of options to specialize. The public universities in Germany for MBA for international students accept students with work experience. However, you can pursue MBA in Germany without work experience at few of the top 10 private universities for MBA in Germany.
These MBA universities in Germany provide world-class education and equip students with the skills and knowledge for the global marketplace. Among European universities, the maximum Indian students opt for the best MBA colleges in Germany. You may also choose to study shorter Management Courses in Germany leading to Masters in Management in Germany. instead of full time MBA courses.
MBA in Germany Cost for Indian students
MBA in Germany at Public University is possible at a very nominal cost. However, getting admitted to these universities is not an easy task. The acceptance rates for the at the top 10 public universities in Germany for MBA is as low as 7% needing high GMAT scores! MBA in Germany for free is a myth unless you are one of those rare student who got the scholarship through DAAD.
The MBA in Germany cost at private universities range from EUR 6,000 per semester to EUR 9,000 per semester. The financial investment gets justifies the MBA fees in Germany for Indian students due to high salaries offered at the end of their course. The major decision for the Indian students to get admitted to any of the top B schools in Germany is to leave the job and loose the earnings while pursuing their MBA in Germany.
The degrees issued by the German MBA programs are globally accepted. The certification post study MBA in Germany guarantees the quality of the training and the degrees awarded by an institute in Germany.
In order to shortlist the best MBA University in Germany matching with your academic achievements, you may take the support of an expert MOKSH counselor. They will help you plan your finances by suggesting the top MBA schools in Germany.
Blocked Account towards annual living cost
After paying for the Germany University MBA course, the next step is to open a blocked account in Germany. In order to ensure that the student is self sufficient during their study period while pursuing 2 years of MBA program in Germany, they need to open a blocked account in Germany for an amount (Approx. EUR 11,300) as specified by the government of Germany.
Part time work during MBA in Germany
The MBA in Germany is a 2 year program and it is important to consider to work on part time and earn EUR 250 per week making the total cost of study in Germany for Indian students at par with other European options. The graduates from the world across look to apply to the top 10 MBA colleges in Germany!
Why prefer MBA in Berlin, Germany
The Indian students are smart. They prefer to pursue MBA in Berlin Germany as their destination due to two district advantages it offers such as low living cost, multiple part time jobs and high job opportunities. Their first choice is low ESMT Berlin MBA fees since it is a public universities as well as ranked high on QS Ranking platform. The MBA Berlin ESMT is a most sought after course for international students.
Indian students also prefer TU Munich MBA but you may know that Munich city living costs are almost double than that of Berlin! If you happen to get admitted here, the Technical University Munich MBA fees are almost negligible.
Education Loan for MBA in Germany
In stead of looking for a MBA in Germany free of cost, it is time to face the reality. You should opt for the Education loan available from every bank in India. These are available easily at a reasonably low rates against a mortgage of a collateral security provided to them. Remember to add the cost of tuition fees as well as the living cost for the whole program. An approximate amount for German university MBA should be around Rs. 25 Lacs only! With a salary package starting from Rs. 40 Lacs (EUR 35,000) per year, the students are able to repay the loan within a short period. This way the Germany MBA colleges fees gets highly justified.
| Cost Parameter | Amount (INR Lacs) |
|---|---|
| Germany MBA Fees for Indian students | 14 |
| Blocked account towards Living cost | 10 |
| Travel incl Ticket, Visa, Insurance | 1 |
| TOTAL | 25 |
In case you are admitted to any of the Germany public universities for MBA, you would not even need to take the loan for the tuition fees! This is because the MBA fees in Germany public universities is not there!
Germany Study Abroad Consultants
There are very few reliable & specialized Germany study abroad consultants in India to study MBA in Germany.
We consider applications with amazing academic record for the free MBA in Germany for Indian students. For private universities MBA applications, you can also get the free consultancy for study in Germany. Various services are available from MOKSH to hundreds of students departing every year for MBA in Germany program:
- University selection
- Application to University
- ASP for academic equivalency
- Opening blocked account in Germany
- Visa documentations
- Travel package
- Accommodation support
It is not important to search for Study in Germany consultants near me, it is better to get the best advisory and execution services, even if the consulting is conducted online! Enquire for a free German language online class with MOKSH to start your journey!
MBA in Germany Eligibility
In order to apply for the best MBA program in Germany, the students need to produce for GMAT score. There are private universities which accept the Indian students without GMAT as well. Along with that, IELTS score with 5.5 in every aspect of the test is expected from the universities.
Following documents required for the application for best MBA colleges Germany are:
- GMAT Score card
- TOEFL / IRLTS score as per the university demand
- Mark sheet for the Bachelor degree
- Copy of Passport
- Letter of Recommendation (Minimum 2)
- SOP / Essay / Letter of motivation
- CV / Resume
The MBA in Germany requirements for the application are pretty simple. You may call MOKSH counselor to get high quality GMAT & IELTS class for free.
Application Period in German Universities
In case you choose for the best B schools in Germany offering paid programs, it takes around months to process your applications. One should choose from the good MBA colleges in Germany since the fees need to be paid in advance before Visa issuance. MOKSH can help you select and apply to the top management colleges in Germany.
Conclusion
If you have completed Bachelors and working but your salaries are not rising as per your dream career, it is time to choose the best MBA in Germany. More than estimated 20,000 chose from the top MBA colleges in Germany for Indian students till date! From the long Germany university list, MOKSH will help you to select the right one for your dream career!
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