Masters in Business Administration in Germany: Fees, Universities, Salary

Masters in Business Administration (MBA) in Germany is a 12-18 months professional level programme for international students. This is a full-time course offered by numerous universities in Germany. MBA in Germany is a course preferred by older and working professionals, approximately aged between 25 and 30 years. It is mandatory to have 2 to 3 years of prior work experience to get enrolled in MBA universities in Germany.

This Story also Contains

1. Masters in Management in Germany: Highlights
2. Top MBA Universities in Germany
3. Admission Requirements for Masters in Business Administration in Germany
4. MBA in Germany without GMAT
5. Documents Required for Masters in Business Administration in Germany
6. MBA in Germany Fees
7. MBA in Germany for Free
8. Scholarships for MBA in Germany
9. Masters in Business Administration in Germany: Career opportunities

Masters in Business Administration in Germany provides international students with global exposure and a wide range of opportunities. Indian students planning to seek admission to the Masters in Management in Germany can submit their online application online on the official website of the university. Top universities offering Masters in Business Management in Germany include the Frankfurt School of Finance & Management, Mannheim Business School, WHU (Otto Beisheim), and others.

Candidates applying for an MBA in Germany must have completed their undergraduate degrees with excellent academic scores. Students are required to have a strong application along with standardised test scores such as GMAT or GRE, which are required to strengthen their application for admission to top MBA universities in Germany.

The average cost of studying Masters in Business Management in Germany for international students is around EUR 30,000 to EUR 55,000 for top business schools in the country. Candidates must have a high academic performance to apply for scholarships and grants offered by universities and external organisations in Germany.

The average salary of Masters in Business Management in Germany graduates is around EUR 65,000 to EUR 100,000 per year. Graduates can work in various fields such as finance, operations, consulting, accounting, and supply chain management as Business Development Manager, Marketing Manager, Financial Analyst, Human Resources Manager, and others.

Students who are interested in pursuing a Masters in Business Management in Germany must read the complete article to learn more about the top universities, ranking, scholarships, cost of studying, and more.

Masters in Management in Germany: Highlights

Top MBA Universities in Germany

Numerous universities in Germany offer MBA programmes to international students. Some of the universities and colleges offering a Masters in Business Administration in Germany in English are mentioned below.

Master of Business Administration in German Universities

Admission Requirements for Masters in Business Administration in Germany

MBA is a professional course and international students are required to have a mandatory prior work experience of at least 2-3 years. Candidates planning to seek admission to MBA in Germany are required to meet the following admission criteria and submit the below-mentioned documents:

• Students must have a bachelor’s degree from an accredited and recognised university.

• They must have a high GPA of 3.5 or more.

• Certain universities require GRE or GMAT scores for admission to management programmes.

• Students from countries where English is not their native language must demonstrate their proficiency in the language by taking tests such as IELTS, TOEFL, and PTE.

• Some universities may also demand proficiency in German, as a master of business administration in German is available to overseas students.

• Candidates must meet any course-specific criteria if required.

MBA in Germany without GMAT

Numerous universities in Germany offer MBA programme without the mandatory requirement of GMAT, provided that students have exceptional academic performance, strong application, and involvement in extracurricular activities. Some universities that provide MBA in Germany without GMAT are mentioned below:

1. University of Stuttgart

2. University of Tubingen

3. Ludwig Maximilian University Munich

4. University of Kiel

5. Goethe University Frankfurt

6. Ruhr University Bochum

7. Universität Hamburg

Documents Required for Masters in Business Administration in Germany

All international students seeking admission to MBA in Germany must submit the following documents:

• Application confirmation document

• Academic transcripts

• Standardised test scores such as GRE / GMAT (optional)

• English language proficiency (IELTS/ TOEFL)

• Letters of recommendation

• Copy of Passport

• Statement of purpose

• CV or resume

• German student visa

• Proof of funds

MBA in Germany Fees

Candidates planning to pursue an MBA in German public universities can do the course for free. However, for private universities, students are required to pay a required amount of semester fees and tuition fees set by the university. The cost of tuition varies according to the course of study, credits, and the university chosen by an individual. The average cost of studying in Germany is EUR 30,000 to EUR 55,000 (approximately Rs 27 lakhs to Rs 50 lakhs).

Candidates seeking admission to the Masters of Business Administration in Germany are recommended to apply early to get an attractive early-bird discount, which varies from university to university.

MBA tuition fees in Germany for International students

MBA in Germany for Free

Yes, it is possible to study an MBA programme for free in Germany. Various public universities in Germany offer education at low or no tuition fees, hence students are only required to pay a minimal amount of semester fee. Some of the cheapest universities in Germany offering MBA programme at low cost are mentioned below.

Cheapest MBA Universities in Germany

Read more: Cost of studying MS in Germany

Scholarships for MBA in Germany

Germany offers numerous scholarships to international students planning to pursue a career in Masters in Business Administration in the country. To reduce the cost of educational expenses, students can seek financial aid such as scholarships and grants offered by universities in Germany. A few popular scholarships to study Masters in Business Administration in Germany are as follows:

MBA Scholarships in Germany for Indian Students

Also read: Scholarships in Germany

Masters in Business Administration in Germany: Career opportunities

The Masters in Business Administration is one of the sought after programme by graduates all over the world. After completing their MBA programme in Germany, students can explore career opportunities from a wide range of job prospects. The average starting salary of an MBA graduate in Germany is EUR 65,000 to EUR 100,000 per year. Some of the top fields for MBA graduates are finance, accounting, consulting, human resources, supply chain, and more.

Business Administration Salary in Germany