We all know how draining an MBA degree is- both financially and mentally. Though we can’t help with the latter one, let’s tell you an inexpensive way to get an MBA degree that too with globally recognized organizations. Yes! An MBA in Germany offers you similar opportunities that you get with a UK degree but with a fraction of cost. Read this article to know more about top universities eligibility, jobs and post study opportunities.
Why Study MBA in Germany?
- Public universities in Germany usually offer free tuition for some MBA courses as well. Students only need to pay a small semester fee of €150–€350, which covers administrative costs and student services.
- Germany boasts the strongest economy in Europe, accounting for approximately 21% of the eurozone’s GDP. This economic stability provides MBA graduates with a fertile job market, particularly in global business centers like Berlin and Munich, which offer diverse career opportunities.
- German MBA programs are recognized for offering substantial returns on investment, indicating that graduates often recoup their educational investments swiftly through competitive salaries and career advancement.
- Graduates can stay in Germany for up to 18 months after completing their MBA to find a job.
Top MBA Colleges in Germany
-
PictureUniversity NameCoursesUniversity Details
-
Frankfurt School of Finance & ManagementFull- time MBA
Part- time MBA
Executive MBA
MBA International Healthcare ManagementFull- time/ Part- time
Online/ On- campus
Duration: 12- 21 months
Fees: €42,000- €49,000
Intakes: Sep
Acceptance Rate: 40%
Placement: 82% -
Mannheim Business SchoolMannheim Full- time MBA
Mannheim Part- time MBA
Mannheim Executive MBA
ESSEC & Mannheim Executive MBAFull- time/ Part- time
Online/ On- campus
Duration: 12- 24 months
Fees: €45,000- €65,000
Intakes: Sep
Acceptance Rate: 17%
Placement: 95% -
WHU (Otto Beisheim)Full- time MBAFull- time
On- campus
Duration: 12 months
Fees: €48,500
Intakes: Sep
Acceptance Rate: 35%
Placement: 80% -
HHL Leipzig Graduate School of ManagementFull- time MBA
Full- time MBA- Finance
Part- time MBAFull- time/ Part- time
On- campus/ Online
Duration:15- 21 months (F)/ 24 months (P)
Fees: €41,600
Intakes: Sep
Acceptance Rate: 49%
Placement: 90% -
EU Business SchoolMBA
-International Business
-Digital Communication
-International Marketing
-Entrepreneurship
-Global Banking & Finance
-Digital BusinessFull- time/ Part- time
On- campus/ Online
Duration: 1 year(F)/ 2 years(P)
Fees: €21,900
Intakes: Oct, Jan, Mar
Acceptance Rate: 70%
Placement: 96% -
Hochschule BremenInternational MBA- Dual degree
European/ Asian Management MBA
Global Management MBAFull-time
On- campus
Duration 1- 2 years
Fees: € 15,000- €17,000
Intake: Oct
Acceptance rate: 23%
Placement: 75% -
Technical University of MunichExecutive MBA
Executive MBA in Business & IT
Executive MBA in Innovation & Business CreationPart- time
On- campus/ Online
Duration: 2 years
Fees: € 39,000
Intake: Oct, Apr
Acceptance rate: 8%
Placement: 94% -
University of CologneExecutive MBA
EMBAFull- time/ Part- time
On- campus/ Online
Duration: 1 year (F)/ 2 years (P)
Fees: €39,500- €44,500
Intakes: Sep
Acceptance rate: 20%
Placement: 80% -
EBS Business SchoolMBA
Executive MBAFull- time/ Part- time
On- campus/ Online
Duration: 1 year (F)/ 2 years (P)
Fees: €25,580- €44,950
Intakes: Jan, Aug, Sep
Acceptance rate: 45%
Placement: 90% -
ESMT BerlinFull- time MBA
Part- time MBA
Executive MBA
Global Online MBAFull- time/ Part- time
On- campus/ Online/ Blended
Duration: 15 months- 60 months
Fees: €28,000- €64,800
Intakes: Jan
Acceptance rate: 30%
Placement: 74%
MBA in Germany Eligibility Requirements
- A recognized undergraduate degree with at least 60% or above from an accredited university.
- Most MBA programs may expect to have around 2- 5 years of relevant work experience.
- A strong GMAT score, usually ranging from 600 to 640, is commonly expected. However, certain institutions may consider GRE scores as well.
- Proficiency in English is crucial, especially since many MBA programs are taught in English. Universities generally require:
Documents for MBA admissions in Germany
- Bachelor’s Degree Certificate & Transcripts
- GMAT/ GRE Scores
- English Language Proficiency Proof
- Proof of work experience
- Statement of Purpose
- Letters of Recommendation
- Proof of identity
- Photographs
- Other documents
How to Apply for an MBA in Germany?
- Choose the Right MBA Program: Research universities based on rankings, curriculum, tuition fees, and career opportunities.
- Meet Eligibility Requirements: Most programs require a bachelor’s degree, 2-3 years of work experience, English proficiency and sometimes GMAT/GRE scores.
- Prepare Application Documents: Gather all the documents mentioned at the university’s website.
- Submit the Application: Apply through the university’s online portal, pay the application fee (if applicable), and upload all documents before the deadline.
- Attend an Interview (If Required): Shortlisted candidates may need to attend an online or in-person interview to discuss their motivation and career goals.
- Get Admission Offer & Arrange Finances: Once accepted, confirm your seat, pay the initial deposit, and explore scholarships, education loans, or personal funding.
How much does an MBA cost in Germany?
Pursuing an MBA in Germany is an attractive option due to its globally recognized universities, strong industry connections, and relatively affordable education compared to countries like the US or UK. Additionally, students must budget for living expenses, health insurance, and other essentials. Here’s a detailed breakdown to help you plan accordingly:
- Tuition Fees- Tuition fees for an MBA in Germany vary based on the type of university:
- Public Universities: Low or no tuition fees, with a semester contribution of €150–€350. Some executive MBA programs cost €10,000–€30,000.
- Private Universities: Tuition fees range from €15,000 to €45,000 for the full program.
- Living Expenses– Living costs depend on the city and lifestyle. The German government recommends a minimum of €11,208 per year to cover:
- Accommodation: €300–€800 per month.
- Food: €150–€300 per month.
- Health Insurance: €110–€160 per month.
- Transportation: €30–€100 per month.
- Miscellaneous (internet, leisure, study materials, etc.): €100–€300 per month.
- Additional Costs
- Visa & Residence Permit: €110–€150 (one-time).
- Blocked Account: €11,208 as proof of financial means.
- Language Courses (if required): €500–€2,000.
- Estimated Total Cost
- Lower Range: €0 (tuition at public universities) + €11,208 (living) = €11,208 per year.
- Higher Range: €45,000 (tuition at private universities) + €14,000 (living) = €59,000 per year.
Scholarships and part-time jobs can help manage expenses, as students can work 120 full days or 240 half days per year.
Find out these Scholarships in Germany for International students. These will help you fund your studies fully or partially.
Early Bird Discount
An early bird discount in Germany refers to a price reduction offered to students or customers who apply, enroll, or pay fees before a specified deadline. Many universities and business schools offer early bird discounts on tuition fees for MBA and master’s programs, typically ranging from 5% to 20%. This incentive encourages students to secure their admission early and helps institutions with financial planning.
MBA in Germany salary
The average salary after an MBA in Germany ranges from €50,000 to €100,000 per year, depending on experience, industry, and location. Top sectors like consulting, finance, and technology offer higher salaries. These are some of the highest paying jobs in Germany after an MBA:
| Job Role | Average Annual Salary (€) |
| Management Consultant | €65,000 – €100,000 |
| Business Development Manager | €55,000 – €90,000 |
| Financial Analyst | €50,000 – €80,000 |
| Marketing Manager | €50,000 – €85,000 |
| Operations Manager | €55,000 – €95,000 |
Is an MBA in Germany worth it?
Absolutely—an MBA in Germany is a smart investment, especially for those looking for affordable education, strong job prospects, and global exposure. Unlike countries like the US or UK, where MBA tuition can exceed €50,000 – €100,000, Germany offers high-quality education at a fraction of the cost.
Germany’s booming job market makes it even more appealing. Home to global corporations like BMW, Siemens, SAP, and Deutsche Bank, the country offers strong opportunities in fields like finance, consulting, tech, and supply chain management.
Another advantage? The post-study work visa allows graduates to stay in Germany for up to 18 months to find a job, making it easier to transition into the workforce. Plus, with Germany’s shorter MBA programs (1 – 1.5 years), students can return to work faster, reducing opportunity costs.
FAQs
Yes, German MBA is valid in India.
No, GMAT is not mandatory for all MBA programs in Germany. Many universities accept applications based on work experience, academic performance, or alternative tests like GRE, but top-ranked business schools may require it.
No, MBA in Germany is not free, though it’s cheaper and affordable compared to other top countries in competition. Also, you get a lot of fully- funded scholarship opportunities to choose from.