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Why Study MBA in Germany?

There’s more to Germany than its magnificent cities. There’s mind-blowing architecture, world-class technology, and perplexing history.

Germany has always been ahead of the curve in terms of technology and science compared to the rest of the globe.

While German engineering is self-explanatory, Germany also contributes to the business world with its outstanding management degrees.

Examine the newly enhanced elements of the TOEFL test and take the first step toward studying in Germany.

Germany’s management degree has grown in popularity during the last decade.

Pursuing an MBA in Germany is connected with a promising job at a top-tier corporation.

MBA programs in Germany that cater to many areas of business and management are broadening the limits of traditional management degrees.

Germany is also a popular destination for international students.

Germany holds the lion’s share of the global economy and has one of the world’s strongest economies.

That is the main reason students opt to study in Germany. The country is home to world-class universities, some of which are centuries old.

German universities are often ranked among the best institutions worldwide, with some even being the most prestigious for business and engineering degrees.

As a result, it is a popular place to pursue a career in management.

Manheim’s Business School and ESMT are regarded to provide the best MBA in Germany and are ranked among the top 100 business schools in the world.

MBA in Germany

The Master of Business Administration is a university degree designed to provide students with diverse skills and valuable knowledge in business and management.

MBA graduates have high employability, and many employment alternatives since management and business-making techniques are crucial for any organization.

This form of degree was presented for the first time at US institutions, and it is expected to become a standard degree in most colleges throughout the world shortly.

However, there are just a few nations where MBA programs stand out from the crowd.

German universities are unquestionably featured on such a list.

In Germany, there is no shortage of outstanding MBA colleges.

According to the international QS rankings, business schools in Germany are noted for their diverse program formats, bright professors, and gorgeous campus consistently featured on the list.

In addition, private MBA schools in Germany offer different program forms, including part-time degrees, online degrees, and executive MBAs.

The strong link to the business sector distinguishes MBA programs in Germany from other colleges worldwide, making the campus placement process smooth and trustworthy.

Public universities in Germany for MBA

Because of their no-tuition fee structure, these are the top 5 recommended MBA institutions in Germany for International students.

  • University of Mannheim Business School
  • University of Cologne
  • Technical University of Munich
  • Ludwig Maximilian University Munich
  • RWTH Aachen University

Private MBA Schools in Germany

The following is the list of top MBA colleges in Germany for international students looking for private institutes:

  • European School of Management and Technology
  • HHL Leipzig Graduate School of Management
  • GISMA School of Business
  • BSBI – Berlin School of Business and Innovation
  • WHU-Otto Beisheim School of Management

MBA schools in Germany for those with no job experience

Prior experience is a plus factor for getting an MBA in Germany, as described in the eligibility section.

There are just a handful of MBA programs in Germany that accept students with no prior job experience.

Here is a list of the top 5 institutions in Germany for Educational institutions without job experience:

  • University of Tubingen
  • University of Ulm
  • Technical University of Munich
  • Ludwig Maximilian University Munich
  • University of Kiel

Why Study MBA in Germany?

If you want to work in business, having an MBA in Germany might be your ticket to success.

German MBA degrees are growing increasingly popular and competitive, with international students accounting for a large portion of the demand.

According to Studying-in-Germany.org, about 400,000 international students are now enrolled in Germany, with the vast majority intending to stay and work in the country following graduation.

Although less well-known than standard MBA programs, several German institutions are located in flourishing economic locations with promising prospects.

Other markers of this increase in popularity include the low cost of studying and living in Germany, study experience, financial options, and the German language.

Here are few reasons why you should consider getting an MBA in Germany:

1. High-Quality Education

Germany is home to some of the world’s most excellent academics, who recognize that their approach to learning and pedagogical competence is essential in moulding the careers of business professionals. Furthermore, sophisticated learning tools contribute to the excellent quality of education.

You can rely on modern infrastructure and facilities.

The faculties are likewise world-class, offering a mix of academic and practical study. In addition, there is an obligatory internship that provides industrial exposure and hands-on experience in tackling real-world problems.

2. Affordable tuition fees

Tuition expenses are frequently the most significant financial worry for overseas students, and MBA programs are among the most costly.

Although public higher education in Germany is free, the finest German MBA institutions are privately owned and charge tuition.

Germany is renowned for having affordable tuition fees for all of its programs, including MBAs.

Compared to the United States, the United Kingdom, or Australia, B-Schools in Germany are slightly less expensive.

In terms of living costs, Germany is well-known for being significantly more affordable than other European countries.

A cherry on the cake is that overseas students can work part-time or participate in the university’s scholarship programs.

3. Innovative Curriculum

MBA programs in Germany constantly revise their study modules and curriculum to remain leaders in teaching and research innovation.

Your MBA program in Germany will not only teach you fundamental business concepts and topics, but it will also help you develop an autonomous business style and generate unique ideas. The courses involve practical sessions under a professional provision that will help you enhance your decision-making abilities.

For instance, the full-time MBA at Frankfurt School includes an Individual Research Project, a study of an actual business challenge conducted in conjunction with a commercial firm.

A skilled staff of career counsellors provides ongoing help to MBA students through coaching sessions, frequent workshops, and other activities

4. MBA Scholarships

In addition to being an economical destination to study and live in, Germany offers various possibilities for funding your studies.

Every year, the German government awards thousands of scholarships, which is given to outstanding overseas students.

Personal scholarship programs are available at German MBA schools for overseas students. Many organizations evaluate promising applicants and approach them with appealing offers, giving them high-paying employment in exchange for paying for their studies in Germany.

The Deutschland Stipendium, DAAD Scholarships, and Erasmus+ are all major scholarship programs.

HHL Part-time MBA-Global Diversity Scholarship, HHL Leipzig Graduate School of Management, Full-Time MBA Young Leader Scholarship 2018, Heinrich Boll Foundation Scholarship are some more privately financed scholarship programs.

5. Ample Jobs

Germany, one of Europe’s largest and strongest economies, is home to many global corporations (including Mercedes-Benz, BMW, SAP, Volkswagen, Audi, Siemens, and Deutsche Bank) and an industrial powerhouse.

As a result, the employment market in Germany is massive, particularly in the industries of software, technology, finance, and consulting.

The point is that some of these organizations may also have operations in India, so landing a job at the same firm when you return home is a distinct possibility.

Most B-Schools have partnerships with these organizations, providing a variety of prospects for recent MBA grads.

6. Learn German

German is among the most extensively spoken languages worldwide.

In this age of globalization, many German enterprises are moving and developing their worldwide networks while also welcome foreign workers into Germany.

Studying for an MBA in Germany allows you to learn a language that will offer you access to many work and career options.

7. No Language Constraints

While mastering German is a valuable skill to have, there are many MBA programs available in English.

8. Salary Accretions for MBA Graduates

Germany ranks in the top ten nations globally in terms of the salary paid to MBA graduates.

Business Development Managers make between $41,411 and $84,149 in Germany, Project Managers in Information Technology make between $69,299 and $78,244, Marketing Managers make between $37,400 and $69,914, and Financial Analysts make between $42,615 and $62,333.

9. A Once-In-A-Lifetime Opportunity

Aside from your academic journey, studying for an MBA in Germany is not just about obtaining a degree; there are endless things to explore in beautiful Germany.

The international student population in Germany is highly varied, allowing students to connect with individuals from all over the world while learning about their culture, customs, and traditions.

Germany is also home to beautiful scenery such as the Black Forest and historic castles such as Neuschwanstein in Bavaria, which inspired Disney’s, Cinderella Castle!

How to apply?

To apply for an MBA in Germany, first, choose the institute to which you want to apply.

The next step is to examine the eligibility criteria of your preferred college.

Typically, the application procedure for an MBA school in Germany necessitates the following documents:

GMAT/Test Results

English proficiency record with TOEFL/IELTS scores, depending on the institute’s requirements:

  • Bachelor’s degree mark sheet
  • Passport photocopy
  • Recommendation Letter (minimum two)
  • Purpose Statement/Letter of Motivation/Essay CV/Resume
  • To apply for an MBA program in Germany, submit your personalized application form to the institute, along with copies of these papers.

Cost of MBA in Germany

MBA degree programs have traditionally been the most expensive to attend, and many students cannot afford them.

Germany is not an exception to this pattern; yet, the cost of obtaining an MBA degree in Germany is less expensive than in popular nations such as the United Kingdom while providing comparable quality.

Furthermore, if the title “Master of Business Administration” isn’t that essential to you and you’d like to pursue another professional Masters’s degree (such as a “Master in Management” or an advanced “Master of Science”), Germany has several extremely cheap study alternatives.

MBA degree programs have traditionally been the most expensive to attend, and many students cannot afford them.

Germany is not an exception to this pattern; yet, the cost of obtaining an MBA degree in Germany is less expensive than in popular nations such as the United Kingdom while providing comparable quality.

Furthermore, if the title “Master of Business Administration” isn’t that essential to you and you’d like to pursue another professional Masters’s degree (such as a “Master in Management” or an advanced “Master of Science”), Germany has several extremely cheap study alternatives.

When the entire cost of obtaining an MBA in the UK is compared to that of Germany, it is discovered that an MBA in Germany will cost you 15% less than an MBA in the UK on average.

MBA fees in Germany

Tuition fees are set by self-funded universities in Germany that provide premium MBA programs. As of 2018, the prices ranged from 15K to 30K Euros. Each university has its own set of fees.

Students at public colleges with no tuition costs must only pay a semester fee of between 250 to 500 Euros a semester.

Duration of a German MBA

MBA programs aren’t meant to last for years. They are, instead, short courses with closely packed modules and examinations.

The goal is to offer graduates the necessary business skills as soon as feasible.

An MBA program in Germany typically lasts 12-18 months.

Although this can be extended, students seldom graduate in less than a year.

Investigate the possibility of collaborative courses.

Some universities, for example, may provide an MBA with social science components or technical modules relevant to certain sectors.

Furthermore, several universities provide longer durations at partner universities in other nations.

Whatever path you take, you can expect to improve your professional chances.

Statistics vary, but Mannheim Business School believes that graduates receive an 81 percent MBA “premium” once their new skills and certifications take effect.

If that appeals to you, looking into opportunities for a German MBA is a terrific idea.

In Conclusion

Why is it worth studying MBA in Germany?

German universities not only provide globally renowned MBAs, but they are also cheaper. Furthermore, previous and present students consider them as the finest in Europe. Several colleges in Germany provide globally recognized MBA degrees with worldwide exposure to overseas students!

Amit Kumar

FreeEducator.com blog is managed by Amit Kumar. He and his team come from the Oxford, Stanford and Harvard. At FreeEducator, we strive to create the best admission platform so that international students can go to the best universities - regardless of financial circumstances. By applying with us, international students get unlimited support and unbiased advice to secure the best college offers overseas.

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