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

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

Edited By Prabhjyot Kaur | Updated on Jul 17, 2024 11:42 AM IST

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.

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.

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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

Particulars

Details

Programme Name

Masters in Business Administration in Germany

Programme Type

Full-time

MBA in Germany Duration

12-18 months

Eligibility Criteria for MBA in Germany

Bachelor's degree

Language Proficiency Requirements for MBA in Germany

IELTS, TOEFL, PTE for EPL, or German language proficiency

Total Cost of studying MBA in Germany

Rs 27 to Rs 50 lakhs

Best MBA Colleges in Germany

  • Frankfurt School of Finance & Management

  • Mannheim Business School

  • HHL Leipzig Graduate School of Management

Average Salary for MBA graduates in Germany

EUR 65,000 to EUR 100,000 per year.

Standardised Test For MBA in Germany

GMAT/GRE

Top MBA in Germany Specialisation

  • Finance

  • Marketing

  • Entrepreneurship

  • Data Analytics

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

University

QS 2024 Global MBA Ranking

Frankfurt School of Finance & Management

45

Mannheim Business School

26

WHU (Otto Beisheim)

58

HHL Leipzig Graduate School of Management

121-130

EU Business School

141-150

Hochschule Bremen

251+

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:

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

University

Cost of studying MBA in Germany

Frankfurt School of Finance & Management

EUR 42,000

Mannheim Business School

EUR 55,000

WHU (Otto Beisheim)

EUR 47,500

HHL Leipzig Graduate School of Management

EUR 33,500 - EUR 39,500 (depends on application submission deadline)

EU Business School

EUR 7,300 per semester

Hochschule Bremen

EUR 15,900 + EUR 350 semester fee

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

University

Approximate Semester Fees 2024 (In EUR)

Approximate Semester Fees (In Rs.)

Technical University of Munich

72 - 102

Rs. 6,385 - Rs. 9,046

Ludwig Maximillian University Munich

54

Rs. 4,789

RWTH Aachen University

318.66

Rs. 28,260.84

University of Stuttgart

166.50

Rs. 14,766.30

University of Ulm

180

Rs. 15,963.57

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

DAAD

Erasmus Mundus Scholarship

Christian Wulff scholarship

Heinrich Böll scholarships

ACES scholarships

German Chancellor Fellowship

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

Role

Average annual salary (EUR)

Average annual salary (INR)

Business Development Manager

EUR 73,000

Rs. 6,658,987

Financial Analyst

EUR 65,000

Rs. 5,929,235

Investment Banker

EUR 109,000

Rs. 9,942,871

Risk Analyst

EUR 64,000

Rs. 5,835,449

Product Manager

EUR 70,000

Rs. 6,385,330

Supply Chain Manager

EUR 65,000

Rs. 5,929,235

Human Resources Manager

EUR 61,000

Rs. 5,564,359

Frequently Asked Questions (FAQs)

1. Is Germany good for MBA?

Yes, Germany is one of the best study-abroad destinations for an MBA programme. German universities offer high-quality education at low tuition fees. MBA graduates in Germany are offered a wide range of career opportunities with an average salary starting at Rs 50 lakhs per annum.

2. Is doing an MBA free in Germany?

Yes, it is possible to pursue an MBA programme for free in Germany. Various public universities in Germany offer education for low or free tuition rates, requiring students to pay mainly a semester fee. Some of the cheapest universities in Germany that offer MBA programmes are the Technical University of Munich, Ludwig Maximillian University Munich, and RWTH Aachen University.

3. How much does an MBA cost in Germany?

Candidates seeking admission to an MBA in Germany could opt for public universities that provide the education for free. However, students attending private universities must pay the university's mandatory semester and tuition fees. The average cost of studying in Germany ranges from EUR 30,000 to EUR 55,000 (about Rs 27 lakh to Rs 50 lakh), which might vary on the university chosen by an individual.

4. Who is eligible for MBA in Germany?

Candidates with a 3-4 years of bachelors degree with a GPA of 3.5 or more from a recognised university are eligible for MBA in Germany. Other prerequisites include work experience of 2-3 years, English language proficiency, and standardised test scores in the GRE or GMAT. Some universities might also require German language proficiency, hence students must thoroughly research the eligibility criteria before applying for MIM in Germany.

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Yes, it is absolutely possible to change fields in Germany after completing a BScYes, it is absolutely possible to change fields in Germany after completing a BSc in Biotechnology and pursue a Master's in Design, as Germany generally allows students to switch fields for postgraduate studies, provided you meet the necessary academic requirements and demonstrate a strong interest in design through relevant coursework or portfolio work.


Before applying just do courses related to graphic design software proficiency, creative projects, or relevant internships to strengthen your application and also course of Germany language helps you to gel up with other students

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There are several scholarships available for international students who want to study medicine in Germany in English. Here are some options you can explore:

Government Scholarships:

  • DAAD Scholarships: The German Academic Exchange Service (DAAD) offers a variety of scholarships for international students, including for medical studies. These scholarships can cover tuition fees, living expenses, and health insurance.

  • BMBF Scholarships: The Federal Ministry of Education and Research (BMBF) also provides scholarships for international students, including those studying medicine.

University-Specific Scholarships:

  • University of Heidelberg: The University of Heidelberg offers several scholarships for international students, including for medical studies.
  • Charité - Universitätsmedizin Berlin: Charité also offers scholarships for international students, including for medical studies.
  • Technical University of Munich: The TUM offers several scholarships for international students, including for medical studies.

Private Scholarships:

  • Rotary Foundation Global Grants: The Rotary Foundation offers global grants for international students, including for medical studies.
  • Fulbright Program: The Fulbright Program offers scholarships for international students to study in the United States, but they may also be eligible for funding to study in Germany.

Tips for Applying for Scholarships:

  • Start Early: Begin your research and applications well in advance, as many scholarships have early deadlines.
  • Research Thoroughly: Explore all available scholarship options and carefully read the eligibility criteria for each one.
  • Prepare Strong Applications: Make sure your applications are well-written, highlight your academic achievements, and clearly articulate your motivation for studying medicine in Germany.
  • Network: Build relationships with professors, mentors, and other professionals who can provide you with letters of recommendation and support your applications.
  • Be Patient: The scholarship application process can be competitive, so be patient and persistent.

It's important to note that the availability and requirements for these scholarships can change from year to year, so it's recommended to check the websites of the specific scholarships you're interested in for the most up-to-date information. Additionally, you may want to consider consulting with an education consultant who specializes in studying in Germany to get personalized advice and support.

I hope it helps !!

Hi there,

Hope you are doing fine.

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The United States stands out with prestigious institutions like CalArts and the School of Visual Arts, offering excellent programs and strong industry ties. The United Kingdom also has renowned programs at schools such as the Royal College of Art and University of the Arts London which focuses  on both traditional and innovative techniques.

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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!

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