All You Need To Know About MBA In Germany

MBA In Germany

Germany is fast becoming one of the most popular places for students seeking higher education. It is the ideal choice for many reasons, such as world-class technology, research opportunities and financial education. While engineering is still the most popular course among students, the MBA in Germany is becoming increasingly popular.

Students interested in obtaining a management degree after completing their degree can explore Germany. As a result, in this article we will explain everything you need to know about the MBA in Germany.

Why study in Germany?

Here are some reasons why Germany is the best choice for studying abroad:

  • Course Structure: Compared to MBA programs in other parts of the world, the German course structure offers a wealth of options for hands-on experience and personal electives.
  • Research experience: The courses are largely research-oriented, you will be exposed to a variety of real-world situations that will help you improve your critical thinking and decision-making skills.
  • Flexibility: Most German universities offer MBA students the opportunity to attend the course full-time or part-time.
  • Future employability: Germany has one of the largest economies in Europe. Students graduating from MBA programs in this city have the opportunity to work for some of the most famous multinational companies in the world. The MBA is one of the top three degrees in Germany with the highest paid degrees.
  • Accessibility: There are some public universities where you can study for free MBA in Germany. Most MBA schools, on the other hand, are private and may charge a fee for their MBA programs. However, an MBA in Germany is still less expensive than in the United Kingdom or the United States.

Eligibility requirement

The following are the admission requirements for MBA programs in most German business schools:

  • A bachelor’s degree in relevant fields and a one-year postgraduate degree are also required. In Germany, only a few colleges recognize a three-year university degree as a prerequisite for an MBA program.
  • Some German business schools may require valid GMAT / GRE scores. It is possible to apply for an MBA in Germany without taking the GMAT because most German colleges only require a TOEFL score.
  • IELTS / TOEFL / PTE scores are required to confirm English language proficiency. Colleges also prefer students with a basic knowledge of the German language.
  • A minimum of 60% of the total academic grade is required for a good academic standing.
  • To attend an MBA program in Germany, some colleges require an entrance exam.
  • Some MBA programs may require 2-5 years of work experience.

The best MBA universities in Germany | MBA in Germany

Of course, the list of the best MBA colleges in Germany is extensive. We have put together a list of the best business schools in Germany to help you narrow down your options.

Berlin School of Business & Innovation (BSBI)

It is the most famous business school in Germany. It mainly offers two types of MBA programs. These programs focus on developing business skills and preparing candidates for a job worldwide. Students pursuing a Global MBA have the freedom to pursue business opportunities around the world while managing the complexity of doing so.

GISMA Business School | MBA in Germany

GISMA has two MBA programs to choose from. Programs emphasize business management, operations, strategic organization, and control capabilities. GISMA is considered one of the best MBA schools in Germany, with a flexible MBA curriculum. A one-year full-time MBA on campus in Germany, a two-year part-time MBA in Potsdam or an online MBA are all options.

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University of Mannheim | MBA in Germany

Mannheim Business School offers two separate full-time MBA programs. If you want to study MBA at a public university in Germany, this is one of the best options. The course is internationally recognized and students will have the opportunity to develop the best management skills.

European School Of Management & Technology

General Management, Technology, Global Elective Courses, Innovation are part of the ESMT MBA program. Business innovation, leadership and general management are all on the agenda. Strategic leadership, managerial analysis and innovation and entrepreneurship are some of the various specialties available.

MBA costs in Germany

The cost of an MBA in Germany is an important issue to consider before making a decision. Well, here is a quick summary of MBA costs and scholarships in Germany:

Tuition fees

The cost of an MBA in Germany varies considerably depending on whether you are attending a public or private university in Germany.

Other expenses

Tuition is not the only cost to consider when studying abroad. It is also important for students abroad to cover all of their living expenses. Although it may seem difficult at first, a little organization and planning in advance can help a lot. To help you, here is a monthly breakdown of your living expenses:

Particular Cost per month
Semester Social Charges 70 euros
Health Insurance 70 euros
Rent 300 euros
Grocery goods 200 euros
Study Material 30 euros
Recreation 70 euros
Transport 80 euros
Wifi & Telephone Charges 33 euros

Note: The above The cost is approximate and may vary depending on the area in which you live.

As a result, if the semester charges are taken into account, the monthly expenses reach approximately 850 euros.

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