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.
This Story also Contains
- Most Affordable MBA Colleges in Germany
- Can we study free MBA in Germany for Indian students?
- Why Pursue MBA in Germany?
- MBA in Germany: Eligibility Criteria for Indian Students
- Job Opportunities for MBA Students in Germany 2024
Affordable MBA Colleges in Germany for international students 2024 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
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
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