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Affordable MBA Colleges in Germany for international students 2024

Affordable MBA Colleges in Germany for international students 2024

Edited By Porishmita Paul | Updated on Jun 05, 2024 02:17 PM IST

Germany is well-known for its affordable tuition fees and structured curriculum for international students. The most affordable MBA colleges in Germany offer affordable undergraduate and master’s programmes with low fees. Most public universities offer higher education for international students with zero tuition fees which attracts thousands of overseas candidates every year from all over the world. However, students must pay a minimum semester fee in order to continue their education.

How much it cost to do MBA in Germany? The average MBA colleges in Germany fees for top affordable universities is around Rs. 12,000 - Rs. 27,000. This is the semester fee that students must pay to continue their studies in Germany. Additionally, the average cost of living in Germany ranges around Rs. 78,000 - Rs. 1,40,000 per month. Students can apply for numerous scholarships and grants to manage their MBA colleges in Germany fees. Most affordable MBA colleges in Germany for Indian students are Ludwig Maximillian University Munich, University of Ulm, University of Kiel, RWTH Aachen University, University of Bremen, and many more.

According to the latest statistics, the number of Indian students studying in Germany has surged by 146% in the last five years. The availability of the cheap MBA colleges in Germany and cheap living expenses are among the major factors that influenced international students to apply to Germany. Read the complete article to learn more about the affordable MBA colleges in Germany.

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Most Affordable MBA Colleges in Germany

If you are dreaming about pursuing an MBA in Germany, the affordable MBA in Germany for international students is the best option to start your career in a foreign country. Study in Germany is relatively cheaper than in most of the study abroad countries for Indian students. Indian students who wish to pursue an MBA in Germany can apply for the cheapest MBA colleges in Germany. Here’s a list of the MBA colleges in Germany with low fees.

Cheapest MBA in Germany for International Students

College

Approx. Semester Fee

Approx. Semester Fee (In Rs.)

Ludwig Maximillian University Munich

EUR 140

Rs. 12681.79

University of Ulm

EUR 148

Rs. 1271752.58

University of Kiel

EUR 267.30

Rs. 24213.15

RWTH Aachen University

EUR 303.49

Rs. 27491.40

University of Bremen

EUR 350

Rs. 31704.47

Johannes Gutenberg University

EUR 350

Rs. 31704.47

University of Stuttgart

EUR 605

Rs. 54803.44

Dresden University of Technology

EUR 750

Rs. 67938.14

University of Tubingen

EUR 1,500

Rs. 135876.29

Technical University of Munich

EUR 2,000 - 3,000

Rs. 181168.39 - Rs. 271752.58

Ludwig Maximillian University Munich

The Ludwig Maximilian University of Munich is a public research university located in Munich, Germany. Ludwig Maximilian University acceptance rate is less than 15%. LMU Munich is consistently ranked among the top universities in the world, being ranked 2nd in Germany and 54th globally in the 2024 QS World University Rankings. Ludwig Maximillian University Munich has no tuition fees for international students. However, students are required to pay a mandatory semester fee of EUR 140 (Rs. 12,681) per semester.

Ludwig Maximillian University Munich Overview

Feature

Description

Location

Munich, Germany

Establishment

Founded in 1472

Type

Public Research University

Ludwig Maximillian University Munich Acceptance Rate

15%

Language of Instruction

German, English

Ludwig Maximillian University Munich Tuition Fees

No tuition fees, only EUR 140 as a semester fee

Faculties and Departments

18 faculties covering a broad range of disciplines including Humanities, Social Sciences, Natural Sciences, Medicine, and Law

University of Ulm

University of Ulm is a public university. The university was founded in 1967. The MBA courses are offered in both German and English languages for international students. The University of Ulm acceptance rate is around 13%. The university charges no tuition fees for international students. However, University of Ulm semester fee is around EUR 148 per semester and is among the top MBA colleges in Germany with low fees.

University of Ulm Overview

Feature

Details

Location

Ulm, Baden-Württemberg, Germany

Founded

1967

Type

Public University

University of Ulm Acceptance Rate

13%

Affiliations

European University Association (EUA), German Rectors' Conference (HRK)

University of Ulm Tuition Fees

EUR 148 semester fees

Language of Instruction

German, English

University of Kiel

University of Kiel is a public research university located in Kiel, Schleswig-Holstein, Germany. The University of Kiel acceptance rate for international students is around 47%. The university has 8 major faculties: Theology, Law, Business, Economics and Social Sciences, Medicine, Arts and Humanities, Mathematics and Natural Sciences, Agricultural and Nutritional Sciences, Engineering. The semester fees in the University of Kiel is around EUR 267.30 for each semester.

University of Kiel Overview

Feature

Details

Established

1665

Location

Kiel, Schleswig-Holstein, Germany

Type

Public Research University

University of Kiel Acceptance Rate

47%

University of Kiel Tuition Fees

EUR 267.30 semester fees

Faculties

8 (Theology, Law, Business, Economics and Social Sciences, Medicine, Arts and Humanities, Mathematics and Natural Sciences, Agricultural and Nutritional Sciences, Engineering)

Language of Instruction

German, English

RWTH Aachen University

RWTH Aachen University is a public research university located in Aachen, North Rhine-Westphalia, Germany. RWTH Aachen University acceptance rate is 10%. There is no RWTH Aachen University tuition fee for international students. Students only need to pay EUR 303.49 as a semester fee to continue their studies.

RWTH Aachen University Overview

Category

Details

Name

RWTH Aachen University

Location

Aachen, North Rhine-Westphalia, Germany

Established

1870

Type

Public Research University

RWTH Aachen University Acceptance Rate

10%

RWTH Aachen University Tuition Fees

EUR 303.49 semester fees

Language of Instruction

German, English

University of Bremen

University of Bremen acceptance rate is around 52%. The university is a public university that offers education in 12 faculties covering a wide range of disciplines. University of Bremen semester fees is EUR 350 for international students. The university is among the top MBA colleges in Germany with low fees.

University of Bremen Overview

Feature

Details

Location

Bremen, Germany

Established

1971

Type

Public Research University

University of Bremen Acceptance Rate

52%

University of Bremen Tuition Fees

EUR 350 semester fees

Academic Faculties

12 faculties

Language of Instruction

German and English

Johannes Gutenberg University

JGU is renowned for its research. The university offers a wide range of undergraduate, graduate, and doctoral programs across various disciplines. To get admission to Johannes Gutenberg University, the applicant must have a minimum GPA of 2.5 and a minimum of 65% of average in high school or a good average in Super score SAT/ACT. Johannes Gutenberg University acceptance rate is 35%.

Johannes Gutenberg University Overview

Feature

Description

Name

Johannes Gutenberg University Mainz (JGU)

Location

Mainz, Rhineland-Palatinate, Germany

Founded

1477

Type

Public Research University

Faculties

10 faculties

Johannes Gutenberg University Acceptance Rate

35%

Johannes Gutenberg University Tuition Fees

EUR 350

Language of Instruction

German and English

University of Stuttgart

The University of Stuttgart is a public research university in Stuttgart, Germany. The University of Stuttgart was founded in 1967, and it has since offered over 100 undergraduate, master's, and diploma courses. University of Stuttgart acceptance rate is around 71%. The application deadline for MBA taught in German is May 15 to July 15 for the winter semester.

University of Stuttgart Overview

Feature

Details

Location

Stuttgart, Germany

Established

1829

Type

Public Research University

University of Stuttgart Acceptance Rate

71%

Faculties

10 faculties

Language of Instruction

German and English

University of Stuttgart Tuition Fees

EUR 605 semester fees

Dresden University of Technology

The Dresden University of Technology is one of Germany's leading institutions, known for its strong emphasis on research. The university has 18 faculties across five schools: Engineering Sciences, Humanities and Social Sciences, Natural Sciences and Mathematics, Medicine, and Civil and Environmental Engineering. Dresden University of Technology acceptance rate is around 46% and is recognised among the top MBA colleges in Germany with low fees.

Dresden University of Technology Overview

Feature

Description

Location

Dresden, Saxony, Germany

Founded

1828

Type

Public Research University

Dresden University of Technology Tuition Fees

EUR 750 semester fees

Number of Students

Approximately 32,000

International Students

Around 15%

Faculties

18 faculties

Language of Instruction

German and English

University of Tubingen

University of Tubingen is a public university located in Tübingen, Baden-Württemberg, Germany. University of Tubingen acceptance rate is approximately 33%. The university offers affordable MBA courses for international students with EUR 1500 per semester. The university offers most of its MBA specialisations in both German and English language.

University of Tubingen Overview

Feature

Description

Location

Tübingen, Baden-Württemberg, Germany

Founded

1477

Type

Public Research University

University of Tubingen Acceptance Rate

33%

Enrollment

Approximately 28,000 students

Faculties

Seven faculties

Language of Instruction

German and English

Tuition Fees

EUR 1,500 per semester

Technical University of Munich

The Technical University of Munich is a public research university in Munich, Germany. The university was established in 1868 and is one of the oldest universities in Germany. Technical University of Munich acceptance rate is approximately 8%. Technical University of Munich semester fees range from EUR 2000 - EUR 3000 for international students.

Technical University of Munich Overview

Category

Highlights

Founded

1477

Location

Tübingen, Germany

Type

Public research university

Technical University of Munich Acceptance Rate

8%

Technical University of Munich Tuition Fees

EUR 2000 - EUR 3000 semester fees

Can we study free MBA in Germany for Indian students?

Yes, Indian students can study free MBA in Germany for Indian students. Many public universities offer free MBA courses for Indian students. However, the MBA in Germany for Indian students fees is not completely free. The public MBA universities in Germany charge a minimum semester fee to continue their studies.

Germany is one of the few countries in Europe that offers tuition-free education for Indian students in public universities. The cost of studying MBA in Germany for Indian students is around Rs. 12,000 - Rs. 27,000 for public universities. However, the MBA colleges in Germany fees range may vary depending on specialisation you choose. Candidates can also apply for various fully and partially-funded scholarships and grants to fund their studies.

Why Pursue MBA in Germany?

MBA in Germany is one of the affordable study destinations for international students. Pursuing an MBA in Germany 2024 offers a unique combination of affordability, academic excellence, international exposure, and strong career prospects. A few significant reasons to study MBA in Germany are as follows:

  • Dynamic economy and high job demand

  • Affordability and value

  • Diverse specialisations

  • International exposure and career prospects

  • Strong alumni networks and career support

  • Immersion in a dynamic business environment

  • High quality of education

  • Improved language skills and cultural experience

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MBA in Germany: Eligibility Criteria for Indian Students

Top-notch education, affordable tuition fees, and a strong job market are the major factors that attract international students to apply for an MBA in Germany. However, study MBA in top affordable MBA colleges in Germany demands a few specific eligibility criteria. A few popular eligibility criteria for the lowest MBA fees in Germany for Indian students are as follows:

  • Students must hold a Bachelor's degree or equivalent qualification in a relevant discipline from an accredited university.

  • Many lowest MBA fees in Germany require a minimum GPA to admit international students.

  • Students must demonstrate competency in the German language.

  • Students must demonstrate their ability in the English language by taking the following tests: TOEFL, IELTS, and Cambridge English certifications (C1 Advanced or C2 Proficiency).

MBA in Germany: Documents Required

Here’s the list of the documents required to apply for the MBA in Germany for international students:

Job Opportunities for MBA Students in Germany 2024

MBA in Germany offers multiple career opportunities for international students. The job markets in Germany recruit skilled potential candidates in various specialisation areas such as finance, marketing, entrepreneurship & innovation, business analytics, and supply chain management. The average starting MBA salary in Germany ranges between EUR 60,000 and EUR 80,000 annually. Here are some of the popular job opportunities available for candidates who are looking for jobs after MBA in Germany:

  • Management Consultant

  • Project Manager

  • Business Analyst

  • Marketing Manager

  • Finance Manager

  • Product Manager

  • Operations Manager

  • Human Resources Manager

  • Entrepreneur

Frequently Asked Questions (FAQs)

1. Is MBA cheaper in Germany?

Yes, MBA in Germany is comparatively cheaper than most top countries of the world. An MBA in Germany fees is around Rs. 12,000 - Rs. 27,000. Additionally, the average cost of living in Germany is between Rs. 78,000 and Rs. 1,40,000 per month.

2. How much does it cost to study MBA in Germany?

The cost of MBA in Germany is around Rs. 12,000 - Rs. 27,000 per annum. Students need to manage their cost of living in Germany which generally costs around Rs. 78,000 and Rs. 1,40,000 per month. Students can apply for many scholarships available for international students to manage their living expenses in Germany.

3. Is 1 year MBA in Germany worth it?

Yes, a 1 year MBA in Germany is worth it for international students. It provides faster job development, a more comprehensive education in less time, and may be less expensive than two-year degrees.

4. Which country has lowest fees for MBA?

It is very difficult to point out tne one best country that has lowest fees for MBA. It depends on the programme and the scholarships available. Norway and Germany, on the other hand, are well-known for their low tuition fees. 

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Hy,

Studying in Germany can be an attractive option due to its high-quality education and relatively low tuition fees. While "free" education is not always entirely accurate, many public universities in Germany do offer low or no tuition fees for international students. Here’s a guide to help you understand the process:

1. Understanding Tuition Fees

  • Public Universities : Many public universities in Germany charge low or no tuition fees for international students. However, there may be a nominal semester fee (which covers administrative costs, student services, etc.) that ranges from EUR 150 to EUR 300 per semester.
  • Private Universities : Private institutions generally charge higher tuition fees.

2. Eligibility for Free or Low-Cost Education

  • Public Universities : You can study at public universities with minimal tuition fees if you meet the admission requirements and apply to a program that does not have additional costs.
  • Scholarships : Various scholarships are available to cover living costs and other expenses. Check for scholarships offered by universities, government programs (like DAAD), or private organizations.

3. Application Process for German Universities

  1. Research Universities and Programs : Identify universities and programs that match your interests. Use resources like the DAAD (German Academic Exchange Service) website to find suitable options.

  2. Check Eligibility Requirements :

    • Academic Requirements : Ensure you meet the academic qualifications for the program you’re interested in. For undergraduate programs, this typically involves having completed secondary education equivalent to the German Abitur.
    • Language Requirements : Many programs are in German, so proficiency in German might be required. For programs in English, you will need to demonstrate proficiency in English (e.g., through TOEFL or IELTS scores).
  3. Prepare Documents :

    • Transcripts and Certificates : Your intermediate or high school transcripts and certificates.
    • Proof of Language Proficiency : If applicable.
    • Motivation Letter : Explaining why you want to study the chosen program.
    • CV/Resume : Detailing your educational background and any relevant experience.
    • Passport : A valid passport.
  4. Apply Through University or Uni-Assist :

    • Direct Application : Some universities allow direct applications through their own online portals.
    • Uni-Assist : Many universities use Uni-Assist, a service that helps with the preliminary review of applications from international students. Check if the university you’re applying to uses Uni-Assist.
  5. Apply for a Student Visa :

    • Visa Application : Once admitted, apply for a student visa at the German embassy or consulate in your home country. You'll need proof of admission, financial resources, and health insurance.
  6. Attend Interviews (if applicable) : Some programs might require interviews or additional assessments.

  7. Register at the University : Once you receive your visa and arrive in Germany, complete your registration at the university.

Scholarships and Financial Aid

  • DAAD Scholarships : The German Academic Exchange Service offers various scholarships for international students.
  • University Scholarships : Check if the universities you are applying to offer scholarships or financial aid.

Summary

While you may not find completely free education, many German public universities offer low-cost education. The application process involves researching universities, meeting eligibility criteria, preparing necessary documents, and applying either directly or through Uni-Assist. Additionally, exploring scholarship opportunities can help cover living costs.

For the most accurate and specific information, always refer to the official websites of the universities and the DAAD website.


There might be discrepancies between your academic documents (graduation certificate with old name) and application documents (with new name). This can cause delays while German authorities verify the name change.

You might need to provide additional documents to prove the name change is legal and legitimate.

I hope it helps!

Correct Answer: The Potsdam Agreement  

 


Solution : The Potsdam Agreement, concluded after World War II, led to the division of Germany into East Germany (controlled by the Soviet Union) and West Germany (controlled by the Western Allies).  

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