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MBA in Germany for Indian Students: All You Need to Know

Do you know that MBA program is one of the most popular courses in the world, especially in Germany? Thus, this blog includes everything related to MBA in Germany for Indian students and why they should consider studying it. So let’s get started with the blog .

A detailed guide on MBA in Germany for Indian students with Gradding.com

Table of Contents

MBA in Germany: An Overview

Germany is a famous place for students to study an MBA course. It is a major centre for technology, research and innovation. In addition, the table will give a brief overview of why to pursue MBA from Germany .

Total Number of MBA Colleges in GermanyApproximately 90+ MBA Colleges
MBA Course Duration1-2 Years
Types of MBAExecutive MBAFull-time MBA
Average Cost of an MBA in Germany8,000 to 50,000 EURO per annum(INR 7 to 44 lakhs)
Top MBA CareersInternational Business, Finance, Entrepreneurship, Human Resources, Marketing
Salary of an MBA Graduate in GermanyEURO 55,000 to EURO 78,000 per year(INR 51 to 72 lakhs)

The given table tells an overview on MBA in Germany for Indian students . Further, let’s talk about why one should consider studying MBA from Germany.

Also Read: Do You Know About Germany Free Education?

Get Enroll in the Best Public Universities in Germany!

Reasons to Study MBA in Germany

Germany is considered as one of the top destination for Indian students. In the following section, we have provided several reasons that why you should study for an MBA in Germany . These include:

1. World-Class Degree : The universities in Germany are the top-ranked in the QS ranking and other such world rankings. Aside, from the universities the country also offers high-quality education and practical skills.

2. Attractive Future Prospects : The economy of Germany is another reason for students to get attracted for this place. Besides, Germany has many multinational companies like BMV, Volksvagen, and Adidas.

3. Affordable Living Costs : Germany’s living expenses is very much affordable in comparison with other countries like USA and UK. Moreover, the cost of living in Canada is around EUR 12,000 per year (INR 11.17 lakhs).

4. A Large International Community : Germany is one of those country where number of students visit every year for admissions in the different universities. Thus, it forms a large international community where students can be a part of it.

5. Reputable Specialisations : There are many specialisations in MBA which students can go for in Germany that also offers high paying packages. Also, you can use our course finder tool to find out which program or specialisation suits you the most.

Overall, these can be some of the reasons to study MBA from Germany . The next section talks about the top colleges to study for the MBA program in Germany with their required fees and packages offered.

Top 10 Colleges to Study MBA in Germany

Education in Germany is much more cheaper as compared to the other European countries. Thus, the specific section has provided the list of best MBA colleges in Germany along with their required fees and average packages. However, if you are facing issues in finding the right university or college then use our college predictor tool that will let you know your preferred college as per the needs.

CollegeAverage Tuition FeesAverage Package
Frankfurt School of Finance & Management 36,000 to  39,000 (  33 to 36 lakhs )65,500 €  61.13 lakhs )
Mannheim Business School 42,000 to    45,000 (  39 to 42 lakhs )109,273 € ₹ 91.16 lakhs )
WHU (Otto Beisheim)€ 43,000 to  45,000 (  40 to 42 lakhs )41,171 €  36.79 lakhs )
HHL Leipzig Graduate School of Management 39,000 to  40,000 (  36 to 37 lakhs )65,735 €  59.34 lakhs )
EU Business School 18,300 to 21,900  ( 17 to 20 lakhs )60,000 €  55.94 lakhs )
Hochschule Bremen 10,000 to  15,000  ( 9 to 14 lakhs )76,000 € ( 70.89 lakhs )
ESMT Berlin49,500 to  50,000 (  46 to 47 lakhs )92,500  86.28 lakhs )
LMU Munich School of Management 45,000 to  46,000 ( 41 to 42 lakhs )168,000 €  1 Cr 56 Lakhs )
TUM School of Management 4,000 to  6,000 (  3 to 6 lakhs )64,000 €  60.23 lakhs )
Humboldt-Universitat zu Berlin School of Business & Economics 8,576 to  9,000 (  8 to 9 lakhs )50,000  46 lakhs )

These are some of the best business schools in Germany to pursue an MBA program. In the next section, we will talk about the public universities in Germany for studying MBA.

Suggested Read: Ausbildung Courses in Germany

Public Universities to Study MBA in Germany

Public universities in Germany are well reputed internationally which provides a lot of programs at all levels. This includes bachelor’s, master’s and doctoral degrees. Most of the students prefer to study in the public universities, as they have low tuition fees. Thus, this section has listed the best public universities in Germany for MBA .

  • Technical University of Munich
  • University of Stuttgart
  • Ludwig Maximillian University Munich
  • RWTH Aachen University
  • University of Ulm
  • University of Bremen
  • University of Tubingen
  • Dresden University of Technology
  • University of Kiel
  • Johannes Gutenberg University
  • Humboldt University of Berlin
  • University of Freiburg

Overall, these are the most well-known public universities to pursue MBA in Germany for Indian students . The next section covers the top specialisations that you can study in Germany for an MBA.

Top Specialisations in MBA in Germany

If you are thinking to study in Germany then it is important for students to know about the top specialisations for MBA. Thus, here is a complete table of top MBA courses in Germany for Indian students with the required universities. Let’s have a look:

SpecialisationUniversities
MBA in General ManagementUniversity of CologneUniversity of Potsdam
MBA in FinanceBerlin Professional SchoolUniversity of Gottingen
MBA in EntrepreneurshipMunich Business SchoolUniversity of Bayreuth
MBA in Human ResourcesUniversity of HamburgBerlin School of Business & Innovation
MBA in Business (Others)HFU Business SchoolHeidelberg University
MBA in MarketingIU International University of Applied SciencesSaarland University
MBA in International BusinessGISMA Business SchoolUniversity of Passau
MBA in Healthcare ManagementFurtwangen UniversitySRH Berlin University of Applied Sciences

Overall, these are the best MBA colleges in Germany offering specialisations in different fields. The next section will let you know about the application process for studying MBA in Germany.

Admission Process to Study MBA in Germany

The application procedure to study MBA in Germany is very easy and simple. It can be done by the students without any difficulties. Thus, in this section we will discuss the complete process for your application in Germany to pursue MBA. Still, if you face any type of issue then you can connect with our study abroad consultants and seek help from them.

1. The first step is to do a proper research and find out about your university and course you want to go for. Also, you can get enroll in the public universities in Germany for MBA.

2. Secondly, you should get in touch with the university’s office and know about the deadline for your application. Thus, you can complete your application saving from last-minute errors.

3. After filling the application, you should send it to the university office, and wait for the revert on your application. Make sure you attach your English exams scores such as IELTS, PTE, TOEFL etc.

4. Once your application has been selected, send a copy of your passport and pay 50% of your Germany MBA fee or as told by the university. Also, you need to send the financial proof that you can fund your studies abroad.

5. The last and final step is to contact the visa office so that you get your visa on time. As it takes 90 days to clear. After this, you need to wait for your flight and start your education in Germany.

This is the complete process for your application to study MBA in Germany. Now let’s talk about the intakes when you can study MBA

Intakes to Study MBA in Germany

The summer and winter are the most important intakes in Germany to study. In the case of summer intakes, the period is usually between April and September, while winter intake is from October to March. However, German universities have dual intakes for MBAs that are in January and September. In addition, the German MBA fee is between 8,000 to 50,000 EUR per annum (INR 7 to 44 lakhs). The next section will let you know about the eligibility criteria for studying MBA in Germany.

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Eligibility Criteria to Study MBA in Germany

If you are thinking of studying abroad for an MBA from Germany then there a eligibility criteria that need to be fulfilled by students. However, for applicants, it is better to check out the university website and know what criteria they need to follow. Hence, in this section, we will talk about the requirements to study in Germany for the MBA program.

Exams Requirement

The following exams are required that are as follows:

  • Completion of undergraduate degree
  • English language proficiency scores (TOEFL: 100/ IELTS 7.0)
  • GMAT/GRE Scores (550-670)
  • Basic knowledge of German language (A1 and A2 level)
  • Minimum 60% in academic, especially for Indian students.

Documents Required

The following Germany study visa requirements or documents are as follows:

  • Academic Transcripts
  • Passport-Sized Photographs
  • Testimonials and Letter of Recommendation
  • Acceptance Letter from the German University
  • Proof of Financial Funds
  • Certificate of Health Insurance
  • University Application Form
  • 2 to 3 Years of Work Experience (Optional)

Work Experience

The work experience to study MBA in Germany are as follows:

  • Most MBA programs will need 1 year of work experience
  • At least 2 years of work experience after graduation

Overall, this is the eligibility criteria for pursuing an MBA in Germany for Indian students. Now let’s talk about the scholarships that are available in Germany while pursuing an MBA.

Must Read: Backlog Certificate

Scholarships to Study MBA in Germany

There are various options to pursue a low-cost MBA as the living expenses can be a burden sometimes. Moreover, in Germany, students can support their education through several grants. Thus, let’s talk about the scholarships for Indian students in Germany to pursue an MBA. Have a look below.

ScholarshipsAward Value
TUM ScholarshipsOne-time aid: EURO 500-1500/semester
DAAD ScholarshipsEURO 934 per Month
RWTH Aachen University ScholarshipEURO 4,000
Mannheim ScholarshipEURO 150 per month

These are some of the scholarships that Indian students can go for. The next section has covered the job roles and salaries after pursuing MBA in Germany.

Study MBA in Germany with Upto 1 Lakh Scholarship Amount!

Jobs & Salaries After MBA in Germany

As soon as you complete your MBA in Germany, you can go for high-paying jobs in well-renowned companies. Thus, this section has listed out the job opportunities in Germany after MBA with their average salaries.

Job RolesAverage Salary (INR)
Finance Manager79 Lakhs
Operations Manager55 Lakhs
Brand Manager54 Lakhs
Human Resource Manager58 Lakhs
Engagement Manager1.28 Crore
Business Development Manager66 Lakhs

Conclusion

To conclude, pursuing MBA in Germany can be a great option for Indian students. In this blog, we have covered everything related to MBA such as top colleges, admission process and eligibility criteria. Moreover, we also talked about the scholarships and job prospects that students can get. In addition, if you are still unsure about which country to select for pursuing an MBA then seek help from our study abroad consultants in Noida and make your study abroad dream true.

FAQs

1. What is the MBA salary in Germany per month?

The average MBA salary in Germany per month can range from 15,000 Euro to 30,000 Euro. It also varies on the person’s job role and skills.

2. Which is Germany’s top-ranked business school?

Top business schools in Germany for MBA are:

1. European School of Management and Technology (EMST) Berlin

2. HHL Leipzig Graduate School of Management (HHL)

3. WHU Otto Beisheim School of Management

4. University of Cologne Faculty of Management

5. ESCP Europe, Berlin Campus

3 How can I get a full scholarship in Germany?

Scholarships for Germany students is very simple to get. For getting DAAD funding, students should complete their bachelor’s degree or should be in their final year of studies. As, there is no age limit, but there should be a time gap between completing your Bachelor's and taking up a DAAD grant.

4. Is 1 year MBA in Germany worth it?

Yes, 1 year MBA in Germany is worth studying for. They provide useful skills and open doors to career paths in Germany.

5. Is an MBA free in Germany?

Firstly, students should pay only the semester fee of around 200-500 euros. For Indian students, there is no fee charged for studying MBA in Germany. However, MBA in Germany for free is provided to international students. In addition, the cost of pursuing MBA in private colleges is 25 lakhs.

6. How much does an MBA in Germany cost?

The fees for private colleges in Germany vary from 15k-30k euros per semester depending on which university and course you have applied. However, the total fees for MBA in Germany cost around 25-30 lakhs when you are going to private institutions.

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