MBA in Germany: Eligibility, Fee, College list & Scholarships

Last Updated: 05-May, 2020

MBA in Germany getting acclaimed as one of the best European countries to complete your post-graduation. Why Students prefer Germany over other countries?  With a population of just over 81 million, Germany is one of the most stable economies in the world. And this is the main reason why most students prefer to do their MBA in Germany. Are you concerned about the Cost of MBA in Germany? Well, it’s less compared to other European countries and the public institution charge absolutely nothing as tuition fee…!!

Why the number of Students studying MBA in Germany gets increasing every year?

Yes, the number of students completing an MBA in Germany increases every year. And it’s because of various reasons. Germany just doesn’t provide you with an exceptional quality of education, it also provides you with an opportunity to make a career after your education. The living cost in Germany is between €700 - € 1000 per month. Don’t worry, Germany allows international students to work part-time upto 20 hours to support your expenses.

Are you interested in your career options after completing MBA in Germany? Germany allows 18 months residence permit for students to search job and you will be allowed to work in this duration. Working while hunting for a job will also improve your knowledge and experience thus improve your job chances.

Top MBA Colleges in Germany & fee structure

There are hundreds of MBA Colleges in Germany with world-class staff offering various MBA Certifications. Here are some of the most rated MBA colleges / Universities in Germany:

  1. Mannheim Business School: It Has been ranked as the #1 MBA institute in Germany by FORBES, BLOOMBERG BUSINESS WEEK and THE ECONOMIST. The Fee for MBA will be around € 40,000/-

    1. MBA – Full time
      • Duration – 12 Months
      • Programme Starts from - March
    2. MBA – Part time
      • Duration – 24 Months
      • Programmer starts from – March
         
  2. Frankfurt School of Finance & Management: One of the leading MBA College in Germany located at the Finance hub of Germany. Fee for all the MBA Course mentioned below will be around € 35,000 - € 40,000/- The various course offered by Frankfurt School of Finance and Management are as follows:
    1. MBA - Full time
      • Course Duration – 12 Months
      • Application Deadline – July 31st
      • Programme Starts from – October
    2. MBA – Part time
      • Course duration – 21 Months
      • Application Deadline – July 31st
      • Programme Starts from – October
    3. Executive MBA
      • Duration – 18 months (Part-time)
      • Application Deadline – July 31st
      • Programme Starts from – October
    4. MBA in International Healthcare Management
      • Duration – 20 Months (Part-time)
      • Application Deadline – July 31st
      • Programme Starts from – September

 

  1. Munich Business School: A state-accredited and German Council of Science and Humanities-accredited private university for business in Munich. The fee for MBA in Munich Business school will be around € 35,000/-
    1. MBA – Full time
      • Duration – 12 Months
      • The programme starts from – March / September
    2. MBA – Part-time
      • Duration – 24 Months
      • Programmer Starts from – March / September
         
  2. HHL Leipzig Graduate School of Management: One of the oldest University of Germany offering various MBA Courses. The fee per year will be around € 25,000 - € 30,000/-
    1. MBA Full time
      • Duration – 12 months
      • The course starts from – May / June
      • Application deadline – September
    2. MBA Part-time
      • Duration – 24 Months
      • The course starts from – March
         
  3. European School of Management & Technology (ESMT) Berlin: It was founded by 25 Leading Global Companies and Institutions with various MBA Programmes as explained below. The ESMT MBA Fee will be around € 45,000 - € 50,000/-
    1. MBA Full time
      • Duration – 12 Months
      • Starts from – September
    2. MBA Full time
      • Duration – 24 months
      • Starts from – September
    3. Executive MBA
      • Duration – 18 Months
      • Starts from – March
         
  4. WHU Otto Beisheim School of Management: One of the privately funded business school offering the best MBA Course in Germany. It is located at Vallendar/Koblenz and in Düsseldorf, Germany. The fee for the MBA course in WHU will be around € 35,000 - € 45,000/-
    1. MBA full time
      • Duration – 12 Months
      • Starts from – April
    2. MBA Part-time
      • Duration – 12 months
      • Starts from – September
    3. Executive MBA
      • Duration – 18 Months
      • Starts from – September
      • Application deadline – July
         
  5. Hochschule Pforzheim: one of the biggest and most successful business schools in Germany. The MBA fee will be around € 20,000/- per year
    1. MBA in International Management
      • Duration – 21 months (with no prior business knowledge) OR 16 months short-track for business graduates
      • Starts from – September for undergraduates without business background and Starts from March for business undergraduates only
         
  6. EU Business School: With campuses located at Barcelona, Geneva, Montreux and Munich, The EU Business school is one of the most trusted MBA College in Germany. The fee for MBA in EU Business School will be around € 30,000 - € 35,000/-
    1. MBA Full time
      • Duration – 12 Months
      • Course Starts from – October, January, March and April
    2. MBA Part-time
      • Duration – 12 Months
      • Course Starts from – October, January, March and April
         
  7. CBS International Business School: One of the trusted MBA College in Germany with Part-time and Full time MBA courses. The courses will be around € 50,000/-
    1. MBA in International Management – Full time
      • Duration – 12 months
      • The course starts from – September
    2. MBA in International Management Fast Track
      • Duration – 6 Months
      • Starts from – April / September
         
  8. Hochschule Offenburg / Offenburg University of Applied Sciences: Owned by the state of Baden-Wuerttemberg with its head office in Offenburg and a branch in Gengenbach. The MBA Course fee will around € 20,000 – 30,000/-
    1. MBA in International Business Consulting
      • Duration – 15 Months
      • MBA Course Starts from – October

What are the eligibility criteria for Studying MBA in Germany?

The eligibility criteria is decided by the respective university / Institution which varies in each institution. But the common Eligibility conditions to study MBA in Germany will be GMAT, GRE, IELTS, TOEFL, PTE etc. And some universities offer their own MBA admission test to qualify for studying MBA in Germany

What are the Scholarships available for Indian students to study MBA in Germany?

There are many scholarships to study MBA in Germany like

a) Global Study Awards - Awarded in association with Study Portals, ISIC and British Council with maximum amount of GBP 10,000/-

b) Central Sector Scheme of National Overseas Scholarships - Awarded by the Ministry of Social Justice & Empowerment, Government of India. Will be awarded to 100 students per year and the maximum amount will be $ 33,800/- per student.

c) The financial Sumo Educational Scholarship Programme - Awarded in association with Financial Sumo. Maximum amount awarded will be $ 1000/-
 

d) BrokerFish International student Scholarships - Awarded by Broker Fish to help people from all over the world find and buy International Health Insurance. The maximum amount will be $ 1,000/-

e) Go Clean Scholarship: It is merit Based Scholarship offered for candidates who wins a competition of an article on the topic ‘How to keep the environment green and clean’ in 500 to 750 words. The maximum amount will be $ 3,500/-

Creator words for studying MBA in Germany

Learning MBA in Foreign Countries, especially in European countries is a dream for many hard-working career-oriented students. Here I have explained you the top 10 MBA Colleges in Germany to complete your MBA. Each college or Universities charge a different fee for MBA course in Germany. You can complete your MBA in Germany with less fee when compared to other European countries. Every country is offering various Scholarships to its students to complete their Master’s Degree abroad. Utilise this opportunity and be one of the top leader’s in Corporate world… All the best…

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