Studying in Germany is getting a lot of traction. The country has proved to be one of the most preferred destinations by Indian students to pursue an MBA. Germany has more than 400 recognized universities that offer a wide range of more than 8000 MBA specializations, both big and small to choose from.
Germany is preferred as one of the most preferred study abroad destinations by Indian students for studying MBA.
Germany houses the best in class globally acclaimed top educational universities, pocket-friendly tuition fees, affordable study abroad destinations compared to other destinations like the USA, UK, etc., excellent opportunities to work during education, booming economy offering global exposure to students.
Below is the table highlighting the best universities to pursue an MBA in Germany
| S.No. | Name of the University | Course Duration | Total Tuition fees ( In € ) | QS MBA Ranking 2025 |
|---|---|---|---|---|
| 1 | University of Mannheim | 12 - 15 months | €39,500 | 47 |
| 2 | ESMT, Berlin | 12- 15 months | €49,500 | 78 |
| 3 | WHU - Otto Beisheim School of Management | 12 months | €44,000 | 55 |
| 4 | Frankfurt School (Private Institution) | 12 months | €39,000 | 40 |
| 5 | HHL Leipzig | 12-24 months | €39,500 | 131-140 |
To apply for an MBA in Germany, Indian students typically need:
Minimum of 3-4 years of undergraduate education. A bachelor’s degree is equivalent to a German Bachelor’s degree in relevant subjects, it could be a 4-year degree or a 3-year degree with a 1-year master’s degree. Some universities do accept a 3-year bachelor’s degree time frame to study MBA in Germany.
Although most universities offer a program for an MBA in Germany in English, few expect to know the German language as well and a test may have to be cleared for the same.
A minimum of 60% aggregate academic score is expected ( Can vary from University to University)
Some Universities have their entrance exams for MBA programs in Germany.
The deadlines for application are based on each university. The dates vary accordingly. It is highly advised to make an application immediately once the window for admission opens. The last date can be the one on which all the seats are filled.
Deadlines for the 2 intakes:
The cost of living in Germany is almost in line with most of the European cities.
The monthly average would be €935 per month.
Keeping the inflation rate in mind as of 2024, the blocked amount account has to be maintained and is mandatory, students who want to study MBA are supposed to maintain a balance of €11,904 for a year, which is €992 per month.
Broadly the cost of living would be as under :
Tuition Fees: €30,000–€50,000 (depending on the course and the university)
Living Expenses: Approximately €10,000–€12,000 per year
Health Insurance: €1,200 per year ( Depending on the plan and provider)
The tuition cost of the university can be reduced if students apply for scholarships that are available. It is important to understand the conditions, documentation, and the time frame for applying for scholarships.
Below are some of the most known scholarships available for Indian students in Germany.
These scholarships support international students pursuing their graduate studies, like an MBA program in Germany. They cover living costs and also provide some money for travel expenses.
This is a merit-based scholarship that provides financial assistance to students who need it. The scholarship, which is worth around €300 per month is offered to students who excel in academics.
This scholarship is for international students who have shown great academic achievements and also are committed to doing their best for society.
This scholarship is for international students who have shown great academic achievements and also are committed to doing their best for society.
These scholarships are for international students who are planning to pursue a master’s program which also includes an MBA in Germany. It is given on marks achieved along with activities related to society and the environment.
This scholarship is specifically for motivating women to study business and management.
Each university has its scholarship scheme. Students should go through the website and talk to the officials in the university for a detailed understanding of the procedure for applying for the scholarship.
Though this business school is in Spain, they have tie-ups with German universities. Students can apply for these scholarships as well.
18-month residency work permit: International students can request for an 18-month residency work permit where after completion of their MBA program, can find a job that is as per their degree and qualifications.
EU Blue Card: Germany has recently introduced the EU Blue Card, which is specifically for students from non-EU-states, as valid proof of their legal stay and work. A graduate from a German university who also has a signed contract from any organization that is paying a fixed salary for their work is eligible for the EU Blue Card.
There is always a demand for an MBA graduate since the course is designed with a lot of details that are in line with the current market scenario and also keep the future trend in mind.
A blend of good communication skills and the right academic background will surely give a great career boost to MBA graduates from Germany since Germany has many mega conglomerates, especially in the area of automobiles and technology.
Germany has a wide range of sectors where MBAs are required. Industries such as has a thriving job market for MBA graduates, with industries in various areas such as:
An MBA from Germany is indeed a great choice for Indian students. They get a jump start to their careers through the best education, affordable fees plus a wide range of job opportunities to start their career. An MBA from Germany is indeed a great career option.
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