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The country of Germany has turned out to be a hot destination for international students who seek to pursue their MBA abroad. A combination of state-of-the-art universities, world-class amenities, and a curriculum that integrates practical knowledge with theoretical know-how has made Germany one of the preferred destinations for MBA in Germany for Indian students. Keep reading with The Student Helpline for more information regarding MBA in Germany.
Germany is one of the top places to study MBA because the education here is received at reasonable prices with a quality of education, by an economy that is also pretty strong. All these MBA programs in Germany are offered across a very diverse range of institutions, including business schools and universities.
The intake sessions for MBA in Germany are January and September, but January intake only has limited options. The country has a diverse array of conventional MBA programs. These include general management MBA programs in Germany and focused MBA programs in Germany in areas such as health management, consulting, and logistics. Diversity places Germany on top of the global education map, with the availability of several courses all tailored according to one's interests and career objectives, which students can then choose from.
MBA in Germany is relatively cheaper compared to other European countries. The majority of the state-funded universities offer free-of-charge higher education programs. Highly specialized courses may, however, have tuition fees.
Below are the best MBA colleges in Germany and their global rankings and 1st year tuition fees:
Best MBA colleges in Germany |
QS Global MBA Ranking 2024 |
First-Year Tuition Fees |
Frankfurt School of Finance & Management Frankfurt am Main, Germany |
#45 |
Masters in Business Administration INR 38,23,260 |
Mannheim Business School Mannheim, Germany |
#46 |
Mannheim Full-Time MBA In Germany Fees INR 38,68,775 |
WHU (Otto Beisheim) Koblenz, Germany |
#58 |
Full-Time MBA In Germany Cost INR 39,14,290 |
HHL Leipzig Graduate School of Management Leipzig, Germany |
#121-130 |
MBA INR 35,95,685 |
EU Business School Barcelona, Germany |
#141-150 |
Master of Business Administration (MBA) INR 19,93,557 |
Hochschule Bremen Bremen, Germany |
#251+ |
MBA Global Management INR 14,47,377 |
Technical University of Munich |
#27 |
Executive MBA in Innovation and Business Creation INR 15,59,415 |
Ludwig Maximilians University (LMU) Munich |
#36 |
Executive Master of Insurance INR 22,79,145 |
University of Mannheim |
#37 |
Full-Time MBA In Germany Fees INR 38,70,000 |
University of Bonn |
#53 |
MSc in Economics INR 0 |
University of Hamburg |
#201-250 |
MBA in Health Management (In German) INR 13,92,759 |
RWTH Aachen University |
#100-150 |
MBA in Digitalization & Industrial Change INR 0 |
How much does it cost to study MBA in Germany? Candidates looking to study an MBA in Germany would be required to pay between 300 - 400 euros or INR 26,500 - 35,000 Indian rupees as an MBA in Germany costs across Public Universities. The Germany MBA fees across private universities are comparatively much higher. Candidates would be required to pay around €43,000 or INR 37 Lakhs for the entire program.
Is Germany MBA free? Indian students pay zero tuition fees for studying for an MBA in Germany for public universities. However, they have to pay just the MBA semester fee, which is around 200-500 Euros per semester for all other categories. Therefore, the cost to pursue your MBA in Germany depends on the amount stipulated which will be around 25-35 Lakhs based on your chosen MBA university in Germany.
The cost of living in Germany, however, is comparable to most European cities and approximately amounts to €934 per month. As of 2024, with the inflation rate taken into account, the amount that has to be maintained in the German Blocked Account for studying an MBA in Germany translates to €11,904 for an entire year and €992 for a month. There are a lot of scholarship programs designed by the Germans for pursuing an MBA in Germany which would eventually lessen the financial burden on the student.
What are the admission requirements for MBA in Germany for Indian Students in Popular Universities? This section provides a discussion on admission requirements for an MBA in Germany for Indian students across popular universities, keep scrolling.
S.No. |
Best MBA Colleges In Germany |
Eligibility For MBA In Germany |
1. |
Mannheim Business School |
● A recognized degree in any discipline with at least a B+ average in their Bachelor's degree ● International experience ● GMAT (minimum 600) / GRE (equivalent) ● TOEFL iBT (minimum 95) / IELTS Academic (minimum 7 or equivalent) ● Three years of PG working experience |
2. |
Frankfurt School of Finance & Management |
● A Bachelor's degree or equivalent ● GMAT / GRE ● TOEFL iBT (minimum 90) / IELTS (minimum 7 or equivalent) ● Three years of PG working experience |
3. |
WHU (Otto Beisheim) |
● A Bachelor's degree or equivalent ● Letter of Recommendation (LOR) ● GMAT / GRE ● Excellent academic record ● TOEFL iBT (minimum 100) / IELTS (minimum 7 or equivalent) ● At least two years of PG working experience |
4. |
ESMT Berlin |
● A Bachelor's degree or equivalent ● GMAT (average 640) / GRE ● TOEFL (minimum 95) / IELTS (minimum 7) / PTE (64) ● At least three years of professional working experience |
5. |
HHL Leipzig Graduate School of Management |
● A Bachelor's degree or equivalent ● GMAT / GRE ● TOEFL (minimum 90) / IELTS (minimum 7) ● At least three years of professional working experience ● CV ● Letter of Motivation ● Academic Transcripts ● Letter of Recommendation |
6. |
EU Business School |
● A recognized Bachelor's degree with a GPA of 3.0 out of 4.0 or equivalent ● Academic transcripts ● TOEFL iBT (80), TOEFL computer-based (213) / IELTS (minimum 6.0) |
After completing the MBA from Germany, students could request an 18-month Residence Permit to seek employment in a job that best fits their qualifications. For 18 months, they can take up any available employment to sustain themselves and finance the process of finding jobs.
Students are given to understand that the possibilities of being granted a residence permit to work in Germany depend exclusively on the qualification of the students and the area of work. Germany also very recently introduced the EU Blue Card, which is dedicated to citizens from non-EU-states, as proof of their legal stay in the country to work. To qualify for an EU Blue Card, an applicant has to be a university or college graduate and be allowed to submit evidence of a signed working contract with a German company that pays a certain fixed salary.
The demand for MBA-qualified professionals has always been on the rise due to its intricate course module. A combination of the right skills and talent makes MBA in Germany graduates one of the most handsomely paid professionals in the corporate sector. Germany, with its state-of-the-art infrastructure and an ever-growing need for Business Management professionals, is a hot spot for MBA specialists. Healthcare, Consulting, and Logistics Information Technology Education Financial sectors are among the major sectors that will require expertise from MBA in Germany professionals.
Scholarships and Financial Aid for pursuing MBA in Germany help international students work part-time to ease their living expenses. International students are permitted to work 20 hours per week. This part-time work facility will help them not only ease their living expenses but also gain relevant work experience in the field in which they have an interest. As in most universities, international students can take advantage of the opportunities of the different scholarship programs listed on the official website of the best MBA colleges in Germany or www.daad.de.
Below are some of the best scholarships for an MBA program in Germany, take a look:
Make sure you research eligibility criteria and application deadlines, as these vary significantly between scholarships.
The Student Helpline, Study in Germany consultants will provide direction from the entire program selection process to the accumulation of visa requirements. Pursuing an MBA in Germany provides international students with a unique opportunity to understand strong, emerging, and dynamic high-quality education. Germany offers a variety of MBA programs in Germany from well-known institutions, making it an attractive choice for future business leaders due to its growing job market. Scholarships offered by the best MBA colleges in Germany make it easier for more people to afford the qualification that was previously out of reach for many. Get ready to take this, Germany is waiting, and with The Student Helpline in tow, success is just on the horizon.
Yes, an MBA in Germany is highly valued for quality education along with a good employment market. The students after completing their degree can get ideal jobs in almost every sector. For more information and further support, contact The Student Helpline today.
The cost of MBA in Germany ranges from €10,000 to €30,000, varying from university to university. The fee structure at public universities is smaller than private universities with charges. Contact The Student Helpline for more information on fees.
No MBA in Germany is free, while most public universities have very low fees. Many do offer scholarships that help the cost greatly. If you need help finding the right program, The Student Helpline would be glad to help.
A bachelor's degree, relevant work experience, and typically proof of English proficiency are basic MBA in Germany requirements for Indian students. Specific universities may have other additional criteria. To find out what you may qualify for, get in touch with The Student Helpline.
Yes, the popular ones are Mannheim and Frankfurt School. The best MBA colleges in Germany are accepting Indian students. Several programs and international exposure is given. For an exhaustive list and for counseling contact The Student Helpline.
Most of the MBA programs in Germany are one to two years, depending on the institute and the course structure. For specifics of the program and for more information, log on to The Student Helpline.
Yes, some German institutes conduct MBAs from Germany without GMAT, which is generally the case if you have a sufficient period of work experience. For help in searching for this, contact The Student Helpline.
Mannheim Business School, ESMT Berlin, and WHU are some top MBA colleges in Germany that fall under the MBA banner. These colleges can be considered for curricula and international rankings. For more information on these colleges, contact The Student Helpline.
A bachelor's degree, relevant professional experience, and proficiency in the English language are the eligibilities for MBA in Germany. Some programs have extra requirements. For individual support, simply contact The Student Helpline.
Yes! Germany's education is of high quality standard, the environment is multicultural, and the prospects for employment are good among international students, especially for MBA in Germany. Apply now with The Student Helpline.
Rahul Kumar is a dynamic and seasoned writer, currently serving as a Study Abroad Expert at The Student Helpline. Specializing in crafting comprehensive study materials for international standardized exams like IELTS, TOEFL, GRE, PTE, and SAT, he brings over five years of experience to his role. Rahul’s passion lies in guiding students through the complexities of exam preparation and the study abroad journey. His insightful articles provide students with valuable information on exam processes, college admissions, top universities, course selection, and more—empowering them to succeed in their academic goals abroad.
We'll show you what you need to do, when to do it, and how, at each step of your study abroad journey.