As per an article in the Economic Times, by the year 2023-2024, more than 45,000 Indian students have been enrolled for MBA in German colleges, which is a straight rise of 15% compared to the previous year. This shows us that the interest in pursuing an MBA in Germany for Indian students has increased over time. So, more and more students plan to pursue their dream careers overseas. If you are also planning for the same, then this blog can be just what you need at the minute. It has everything from the list of top colleges, eligibility criteria, and admission process to the benefits of studying MBA in German colleges. So, why delay? Get started right away!
Table of Contents
Q1. Why MBA in Germany for Indian Students?
Q2. How Many MBA Programs Are Available in Germany?
Q3. Do They Have Scholarships for Indian Students?
Q4. How Much Is the Average Salary of an MBA Graduate in Germany?
Q5. Do I Have to Learn German to Study MBA in Germany?
Q6. Is It Mandatory to Take the GMAT or GRE to Study MBA in Germany?
The MBA in Germany for Indian students is very affordable. Thus, more and more students are turning to this country. If you are also one of such students who are planning to study here, then here are a few options that can offer you an MBA in Germany:
The universities that the Government funds are known as Public universities. They take students based on their academic merit and charge no or very low tuition fees. Here are some top MBA colleges in Germany for Indian students:
University Name | Details |
Technical University of Munich | Specialization: Business & ITDuration: 2 Years |
Ludwig Maximilian University | Specialization: General Management & Business AdministrationDuration: 2 Years |
RWTH Aachen University | Specialization: TechnologyDuration: 1.5-2 Years |
Heidelberg University | Specialization: Business & ManagementDuration: 2 Years |
Humboldt University of Berlin | Specialization: Entrepreneurship & International ManagementDuration: 2 Years |
University of Mannheim | Specialization: Strategic Management, Marketing & FinanceDuration: 1-1.5 Years |
Karlsruhe Institute of Technology | Specialization: Economics and FinanceDuration: 2 Years |
University of Cologne | Specialization: Executive MBADuration: 2 Years |
Free University of Berlin | Specialization: Public Sector Management, Global Business & InnovationDuration: 2 Years |
Technical University of Berlin | Specialization: Energy Management & Sustainable Mobility ManagementDuration: 2 Years |
This is the MBA in Germany Public University list. Hope it was helpful. However, if you are looking for other options, check the section below!
Private colleges in Germany are funded through tuition fees and private organizations. While they have higher tuition costs, they offer flexible admission options for students who meet the basic criteria. Here are some of the best MBA colleges in Germany for Indian students:
University Name | Details |
European School of Management and Technology (ESMT Berlin) | Specialization: Leadership, Global Business & InnovationDuration: 18 MonthsFees: Rs. 17,00,000 per Semester |
GISMA Business School | Specialization: International Business and ManagementDuration: 1-2 YearsFees: Rs. 16,00,000 per Semester |
Frankfurt School of Finance & Management | Specialization: Finance, Entrepreneurship & ManagementDuration: 1 YearFees: Rs. 37,00,000 per program |
HHL Leipzig Graduate School of Management | Specialization: Leadership & ManagementDuration: 15-21 MonthsFees: Rs. 35,00,000 per program |
WHU - Otto Beisheim School of Management | Specialization: Entrepreneurship & InnovationDuration: 1 YearFees: Rs. 35,00,000 per program |
Ebs Universität für Wirtschaft und Recht | Specialization: Business & LawDuration: 1-2 YearsFees: Rs. 30,00,000 per program |
Munish Business School | Specialization: International Business & ManagementDuration: 1.5 YearsFees: Rs. 28,00,000 per program |
Berlin School of Business and Innovation | Specialization: Innovation & Strategic ManagementDuration: 1-2 YearsFees: Rs. 10,00,000 per Year |
International School of Management | Specialization: Finance, Supply Chain Management & MarketingDuration: 1-2 YearsFees: Rs. 25,00,000 per Program |
GISMA University of Applied Sciences | Specialization: International Business & ManagementDuration: 1.5 - 2 YearsFees: Rs. 20,00,000 per Program |
This is the list of Private German MBA colleges for Indian students. Now, let's take a quick look at the fees to pursue an MBA in Germany for Indian students.
If you are planning to study in any of the MBA colleges in Germany, then you need to know the fee structure. So, here's a detailed explanation of the same:
The Public MBA fees in Germany for Indian students are low or no fee. Yes, you read this right! Most of the colleges here that are funded by the Government only charge for semester contribution which ranges around Rs.18,000 - Rs.45,000. This is a great opportunity for many struggling students who are looking for options to study in Germany for free or with low fees.
The private MBA in Germany fees range from around Rs. 13,00,00 to Rs. 45,00,000. These colleges are funded by tuition fees and private organizations. Moreover, they have more English-taught programs with flexible admission criteria.
There are some expenses other than the MBA fees in Germany for Indian students, which are as mentioned below:
l Germany Student Visa and Health Insurance - Rs.10,000 - Rs. 18,000
l Living Expenses - Rs. 76,000-Rs. 1,00,000
l Financial Security Deposit - Rs. 10,00,00
l Books & Study Materials - Rs. 4,500 - Rs. 9,000
These are some additional charges that add to the MBA in Germany fees for Indian students regardless of whether they doing it from public or private school. Now, let's take a quick look at the admission requirements to get into MBA colleges in Germany for Indian students.
There is an admission requirement to study MBA in Germany for Indian Students. It is to ensure that the students applying to any German colleges can meet the basic criteria and adjust well. So, let’s check it out:
If you want to study in Germany and pursue your MBA degree, you need to meet the following requirements:
l Bachelor’s Degree from a Recognized College
l Minimum GPA of 60%
l 2-5 Years of Work Experience
l GMAT or GRE (As Needed)
l IELTS or TOEFL (If the Medium of Instruction is English)
l German Proficiency (If the Medium of Instruction is German)
l A well-written SOP for an MBA in Germany aligning the Future Goals
l 2-3 LORs from Employers or Professors
l Detailed Resume with Academic and Occupational Experience
l Passport and Visa with Validity
l Financial and Identity Proof
If you meet the eligibility criteria set to study MBA in Germany for Indian students, it’s time to know the admission process. So, let’s check it out!
Also read: SOP for MBA
If you want to get into the top MBA colleges in Germany for Indian students, you have to follow this simple admission process.
l Think about your goals and requirements.
l Research for MBA college in Germany - Public and Private
l Choose the one that meets your requirements
l Appear for language proficiency tests
l Submit the admission application form
l Add SOP, LORs, CV, Trasnscipts, and scores
l Attend Interview (If Applicable)
l Accept the offer letter
l Open a blocked account
l Apply for a student Visa
l Fly to your dream country
Doesn‘t that sound simple? If not, don’t worry; our study abroad consultants can help you. Moreover, if your search for the right college hasn’t ended yet, then try our university finder for MBA in Germany because it has ample benefits for students. Check out the next section to know more about this.
Other than the affordable MBA fees in Germany for Indian students, there are way more benefits. Yes, that's true; here are a few listed below:
l It has a low cost of living compared to countries like the US, UK, and Canada.
l It provides high-quality education with top-ranking business schools in the world.
l Its degrees are globally recognized and accepted at national and international levels.
l It has a very low unemployment rate, so it offers good career growth opportunities.
l It's a great opportunity for international living, networking, and settling abroad with a high salary.
So, these are some of the top reasons to study MBA in Germany for Indian students. However, if you are not sure about this stream, you can turn to our MBA course finder in German universities to find out what matches your preferences.
In this blog, you've looked into the best colleges to study MBA in Germany for Indian students. Additionally, you read about the fees, eligibility criteria, admission process, and benefits of studying MBA in Germany.
Out of all the countries in the world, Germany stands out for its low or no tuition fee, affordable cost of living, post-study work Visa, and better career opportunities.
There are a few different MBA programs available in Germany that are based on your requirements such as:
Yes, multiple scholarships are available for Indian students and they cover tuition fees, living costs, and sometimes both. Some of them are:
The average salary after an MBA in Germany for a fresher can be around Rs. 40,00,000 - Rs. 55,00,000. It can increase to Rs. 80,00,000 for mid-level and senior level, it can go up to Rs. 1,20,00,000. However, it can vary from industry to industry.
No, there are multiple programs that have English as their Medium of Instruction. However, learning German can be quite helpful in your daily life during your study in German.
No. It is completely dependent on the college you are applying to study MBA in Germany. If the college needs a GMAT/GRE score, you need to sit for it or else, you can just skip it.
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