MBA in Germany can be rewarding for international students for a better career perspective. Germany offers a diverse range of MBA specialisations that boasts a strong demand for skilled professionals in the country. Moreover, most of the MBA colleges in Germany for Indian students are ranked among the top MBA colleges in the world by QS Global MBA Ranking 2024.
MBA in Germany for Indian Students 2024: Fees, Universities, Requirements The MBA in Germany is cost-free for international students as most of the public MBA colleges offer potential courses with zero tuition fees. However, MBA in Germany for free is not possible as these universities charge a minimum semester fee to continue the curriculum. The average MBA fees in Germany range between Rs. 12,000 - Rs. 70,000. Meanwhile, the living cost in Germany is around Rs. 78,000 - Rs. 1,40,000 per month.
Indian students who wish to study MBA in Germany to get a potential job opportunity must qualify for the GMAT or GRE along with a bachelor’s degree to apply for the universities. Many MBA colleges in Germany demand an English language test certificate to enrol potential students in various MBA specialisations. To get a complete idea about the fee structure, admission requirements, top specialisations, job opportunities, and other significant details about MBA in Germany, read the complete article.
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MBA in Germany 2024: Highlights
Particulars | Details |
Degree Offered | Master of Business Administration |
Short Name | MBA |
MBA in Germany for Indian students fees | Approximately Rs. 12,000 - Rs. 70,000 |
Top MBA Specialisations Offered in Germany | |
Exams Required | GMAT, GRE |
English Proficiency Test | IELTS, TOEFL, and Cambridge English certificates (C1 Advanced or C2 Proficiency) |
Scholarships for MBA in Germany for Indian Students | Baden-Württemberg-Stipendium for students Kurt Hansen Fellowship in STEM education Welcome scholarship programme by German University Foundation Erasmus+ Mobility Programme for Higher Education Students ESV scholarships DAAD Germany scholarship
|
Best MBA Universities in Germany 2024
Germany boasts some of the best MBA universities for international students. MBA universities in Germany are renowned for their excellent education system and strong industrial base, making it an attractive destination for MBA aspirants. Here is a table listing the top universities in Germany for MBA programmes in 2024 with their QS global rankings.
Best MBA Colleges in Germany for International Students
University | QS Global MBA Rankings 2024 |
Mannheim Business School | 46 |
EU Business School | 141-150 |
Frankfurt School of Finance & Management | 45 |
WHU – Otto Beisheim School of Management | 58 |
HHL Leipzig Graduate School of Management | 121-130 |
Hochschule Bremen | 251+ |
Benefits of Studying MBA in Germany for Indian Students
MBA in Germany offers a perfect blend of quality education, affordability, and career opportunities for international students. Here are some of the major reasons why you should consider study in Germany:
Affordability: Affordable MBA colleges in Germany offer courses with zero tuition fees for international students. The MBA in Germany for Indian students fees is around Rs. 12,000 - Rs. 27,000. Candidates must pay this fee including the course's semester and administration fees.
High-Quality Education: The cheapest universities in Germany for international students are world-known universities for their rigorous academic standards and innovative programmes. Many MBA in Germany best universities are listed among the top colleges in the world as per the QS and THE global rankings.
Cost of Living: The cost of living in Germany is around Rs. 78,000 - Rs. 1,40,000 per month. The living expenses in Germany are comparatively lower than most popular study-abroad destinations like the USA, UK, Australia, and others.
Scholarships: Many government and non-government organisations offer full-time and partial scholarships and study grants to international students to complete their MBA in Germany. Students can also apply for student loans Germany to complete their MBA course.
English Language Programmes: In recent years Germany has developed multiple MBA specialisations with English as a medium of instruction. This helped Indian students to explore top-quality education in Germany who do not speak German.
MBA in Germany Eligibility
An MBA in Germany demands various admission requirements. However, these criteria might vary between universities and degree specialisations. We've included a few common admissions criteria for international students pursuing an MBA in the Germany.
Students must have a Bachelor's degree or equivalent qualification in a relevant discipline from a recognised university.
Many institutions require a minimum GPA to enroll international students.
Students must demonstrate proficiency in the German language.
Many universities demand a prior work experience in the relevant field. However, MBA in Germany without work experience is also very popular among international students.
Students must demonstrate their proficiency in the English language through the following tests: TOEFL, IELTS, and Cambridge English certificates (C1 Advanced or C2 Proficiency).
Documents Required for Studying MBA in Germany
Here’s the list of the documents required to apply for the MBA in Germany for international students:
Intakes in Germany
There are two intakes in Germany—summer intake and winter intake. The dates for these intakes from Germany differ depending on the university.
Intakes in Germany
Intakes | Admission Deadline |
Summer Intake | January |
Winter Intake | July |
MBA in Germany Study Visa
Indian students who wish to pursue an MBA in Germany must apply for a study visa. There are 2 different types of Germany study visa for students: Schengen Visa (Short-Term Studies) and National Visa (Long-Term Studies).
The cost of the Germany student visa is EUR 75 for international students. The processing time for Germany study visa typically takes anywhere from 6 to 12 weeks. Students are advised to plan accordingly. The success rate of Germany student visas has also increased to 92% for Indian students.
MBA in Germany Eligibility for Student Visa
A valid passport
An acceptance letter from a recognised Germany university
Have enough funds to support the study and living costs in Germany.
English language proficiency if required.
Valid health insurance
MBA in Germany Cost
The average MBA in Germany cost for Indian students is calculated by summing up the semester fees of the course and the living expenses in the country. The MBA in Germany for Indian students fees is around Rs. 12,000 - Rs. 70,000. Whereas, the average cost of living in Germany is around Rs. 78,000 - Rs. 1,40,000 per month. The approximate semester fees may vary depending on the location, rank, and course structure of the university.
Cost of Living in Germany
Expense list | Living expenses in Germany |
Food | EUR 200 - 300 |
Accommodation | EUR 700 - 900 for 1-bedroom apartment |
Transport | EUR 50 - 200 |
Utilities | EUR 100 - 150 |
Cheapest MBA Colleges in Germany
Germany is well known for its affordable tuition fees. The country offers MBA courses with zero tuition fees for international students. Here’s a list of some of the most affordable MBA in Germany best universities.
Affordable MBA in Germany for Indian students
MBA in Germany for Indian Students: Top Specialisations
Germany offers a diverse range of MBA specialisations for international students in various industries. Here is the list of top MBA specialisations in the best MBA colleges in Germany for Indian students.
Finance
Marketing
International Business
Entrepreneurship
Human Resource Management (HRM)
Operations and Supply Chain Management
Information Technology Management
Healthcare Management
What after MBA in Germany?
An MBA in Germany opens multiple career opportunities for international students. Due to the structured academic curriculum and high-quality lifestyle, Germany has emerged as a popular destination for skilled business professionals. Cities like Frankfurt in Germany are financial hubs for the next generation of technology and innovation offering numerous career opportunities for MBA graduates.
Indian students who wish to continue working in Germany after an MBA must apply for a post-study work visa in Germany. This visa allows students to apply for an extended 18-month Job Seeking Visa to find post-study work opportunities in their field of interest and specialisation. International students can also apply for an EU Blue Card to get a permanent residency in Germany after securing a job.
MBA in Germany: Job Markets
The average starting MBA salary in Germany ranges between EUR 60,000 and EUR 80,000 annually. The salary range can vary significantly depending on the industry, the city, the specific role, and the prior experience of the candidates. 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
MBA in Germany Scholarships for Indian Students
Many Germany MBA colleges offer scholarships to attract international students to apply for an MBA in the country. The Ministry of Education (MHRD) or University Grants Commission (UGC) offers scholarships for pursuing an MBA in Germany for Indian students. Additionally, various independent non-government foundations in Germany and India offer grants to students to manage their MBA in Germany requirements and living expenses in Germany. A few popular scholarships for Indian students to study MBA Germany are as follows.
Baden-Württemberg-Stipendium for students
Kurt Hansen Fellowship in STEM education
Welcome scholarship programme by German University Foundation
Erasmus+ Mobility Programme for Higher Education Students
ESV scholarships
DAAD Germany scholarship