MBA in Business Management in Germany for Indian Students

The land of opportunity and ideas is a standard description of Germany. Germany is one of the top destinations for international students who wish to pursue an MBA since it is an important centre for technology, research, and innovation. Germany is desirable for anyone seeking education, and it places a high value on education. Germany is one of the most popular locations for MBA studies globally because of its cutting-edge infrastructure, first-rate facilities, and free tuition. Most of Germany's publicly supported institutions don't charge tuition fees. However, students must pay an administration fee at the start of each academic year.

Why Study MBA in Business Management in Germany?

MBA in Business Management is one of the courses that has gained popularity recently among international students. It will be helpful for you to know a few reasons why you should pursue the course in Germany. They are given below.

• Some of the most prestigious institutions in the world are located in Germany. For full-time MBA programs, eight business schools in Germany have been listed among the top 100.
• The top MBA schools in Germany also offer a range of scholarship programs to help students pay for their living expenses.
• For overseas students, internship opportunities are plentiful. In addition, people can work up to 20 hours per week at various part-time jobs while pursuing an MBA in Germany and make around EUR 900 (INR 75,000 per month).
• One of the easiest countries in which to apply for a work visa is Germany. Additionally, it is home to well-known companies like Daimler, Porsche, and Volkswagen, all of which offer promising work opportunities to MBA graduates.

MBA in Business Management in Germany: Course Highlights

It would be beneficial for you to understand the highlights of an MBA in Business Management. This will make it easy to obtain a general idea of the course. The table below will help you understand better.

MBA In Business Management Germany vs Masters in Germany

A Master of Business Administration (MBA) degree is a General Management degree that teaches business students about Finance, Human Resources, Marketing, Strategy, and Operations Management. Peer-to-peer education, which includes accomplished business professionals and contact between students from various backgrounds, distinguishes MBA degrees from ordinary Master's programs. Studying an MBA abroad allows you to network and generate new business prospects. MBA degrees from top international business schools prepare you to be a well-rounded business graduate rather than merely a specialist in one subject. Many MBA programs either demand a minimum age or a particular amount of work experience (typically 2-4 years) to be admitted. This is because MBAs prepare you for the next significant step in your business career.

MS courses in Germany are among the most popular among international students. It is often a one- to two-year degree (2-4 semesters). There are no tuition fees for obtaining a Master's degree in Germany because most German universities are state-funded. Students must only pay a one-time registration fee of around EUR 3269 to EUR 16,626 (INR 2.58 lakhs - INR 13.64 lakhs), depending on the program chosen. Germany has one of the lowest unemployment rates in Europe. Germany's unemployment rate in July 2022 was 2.9%, lower than the OECD average of 4.9%. MS graduates in Germany may expect to earn roughly EUR 51,000 per year on average (INR 42.06 lakhs per year).

Top Universities to study MBA in Business Management in Germany

A prestigious institution can sculpt your career by providing the necessary information and exposure to your subject of interest. With its globally recognised business institutions, earning an MBA in Germany may be a life-changing experience. The following table lists the most popular public and private MBA programs in Germany.

MBA in Business Management in Germany: Eligibility

• A 1-year Master's degree and a Bachelor's degree in a comparable field. Institutions rarely accept a 3-year Bachelor's degree in Germany for MBA programs.
• Good grades, with an overall academic score of at least 60%.
• Several colleges also need an admission test for those interested in an MBA program in Germany.
• A minimum of 2 to 5 years of work experience may be required for specific MBA programs. Additionally, several colleges in Germany need an MBA to get admitted. 

English Language Requirements

Both graduate and Undergraduate courses have the same language requirements. German is the official language; hence it is the medium used to teach many courses. However, a lot of graduate and Undergraduate programs also provide English-language instruction. To get admitted to a German institution, applicants must pass English language proficiency exams like the TOEFL, IELTS, or PTE and receive the requisite score on any of these exams.

You must pass a German language exam if you want to enrol in a course that is taught in German. The results of any of these two German language exams are accepted by German institutions.

MBA In Business Management Germany: Admission Process

Now that you are aware of the requirements for admission to German business schools, you can see how the MBA admission process in Germany might differ depending on the university. Let's take a quick look at the application process.

1. Verify the prerequisites for all the colleges you want to apply to for MBA programs in Germany.
2. Take the necessary aptitude exams, such as the GMAT, GRE, IELTS, and TOEFL, in advance to receive the results.
3. Submit an online application at each university's website.
4. Complete and submit the required paperwork. A uni-assist must evaluate the documentation of international applicants.
5. A final approval letter will be emailed following the papers' approval.
6. Before the official confirmation, students could be requested to participate in an interview.

MBA in Business Management Germany: Documents Required

 Now that we have covered all prerequisites, let's move on to the documents needed for international students to study for an MBA in Germany.

• Completed form for applying to the university
• Transcript of research up to now
• Motivation letter
• Updated Resume
• GMAT/GRE results
• IELTS, TOEFL, and PTE results
• Scores on entrance tests, if necessary
• Evidence of four to five years of work experience at the very least (the number of years varies according to the university)
• Student Health Insurance Certificate
• Passport
• Most recent photo
• Student visa for Germany

Cost of Studying MBA in Business Management in Germany

Depending on whether one selects a public or private institution in Germany, the cost of an MBA program varies considerably. As a result, we have divided the MBA tuition costs in Germany into two categories: public and private.

MBA Fees in Germany's Public Universities

MBA Tuition at Private Institutions in Germany

Cost of Living in Germany

There are other costs besides tuition when studying for an MBA in Germany. Managing a student's living expenditures is crucial for an international student. Although the whole thing can initially seem intimidating, preparation and previous planning help you.

To help you, the following is a breakdown of the monthly living cost you can expect.

Scholarships for MBA In Business Management in Germany

Cost should be taken into account when choosing to pursue Business degrees in Germany. For students, there are scholarships available to help with costs. So let's quickly review the cost of an MBA in Germany and available financial aid.

Jobs & Salary After MBA in Business Management in Germany

Germany has recently been a haven for MBA students. For an MBA student who has recently finished their degree in Germany and is seeking a job, it is a treasure trove due to its more or less stable economy and the lack of skilled local grads. Universities in Germany claim that graduates with an MBA degree land a job as soon as three months after the course ends and make an average income of at least EUR 55,000. QS has already acknowledged Germany as one of the top 10 countries in the world for MBA wages!

Here is a short glance at the top job roles and average salaries for MBA graduates.

Top Recruiters for MBA Graduates in Germany

After earning an MBA in Germany, several career and employment options are available. Top companies also employ recent graduates who are aspiring employees. Salary for MBA new hires in Germany ranges from EUR 60,000 EUR to EUR 80,000 annually. Some of the top recruiters in Germany are given below.

• Siemens
• Volkswagen
• Bayer
• Bosch
• Merck
• BMW
• Mercedes

We hope to have included all information regarding an MBA in Business Management in Germany. You can contact AECC if you need more information about the course. You can read our blogs if you're interested in learning more about the available scholarships, the cost of studying and living abroad, the visa requirements, etc.

Do you have any remaining questions? No need for concern. Contact AECC right away to have your questions addressed! One of the best educational consultancies in the world, AECC has experts with various skills accessible to help you with any issues you might be having, for FREE. Please get in touch with us so that we can guide you towards realising your dreams.