Highlights -
- Top Universities - The top business universities in Germany are the Frankfurt School of Business and Management, WHU Otto Beisheim School of Management, according to the QS rankings of 2024.
- MBA programs - Top B schools in Germany offer MBA programs in International Management, technology and healthcare management, etc.
- Top recruiters - The top recruiters for MBA courses in Germany are BMW, Daimler AG, Siemens AG, Volkswagen, Allianz, Deutsche Bank, PwC, KPMG, EY, and McKinsey & Company.
- Tuition fee - The tuition fee for good business schools in Germany ranges from 200 to 1,400 EUR.
The best universities in Germany for MBA like Frankfurt School of Finance and Management, Mannheim Business School, WHU (Otto Beisheim), ESMT Berlin, and HHL Leipzig Graduate School of Management are globally recognized and ranked among the top 100 MBA schools, offering high-quality education and strong academic staff to enhance the learning experience.
- Business Schools in Germany offer courses such as international business management, innovation and entrepreneurship, business administration, etc.
- Germany MBA college fees for international students can range from INR 11L to INR 44L, which is significantly lower than the cost of similar programs in other countries
- Germany has many MBA programs offered by its prestigious universities, with 75 universities offering 141 English degree programs in total.
- The top MBA universities in Germany offer MBA programs for both full-time and part-time students.
- Many top b schools in Germany do not require tuition fees for international students.
- The top recruiters for MBA graduates in Germany are - BMW, Daimler AG, Siemens AG, Volkswagen, Allianz, Deutsche Bank, PwC, KPMG, EY, and McKinsey & Company
Table of Content
Best Business Schools in Germany
Considering important aspects such as reputation, program offerings, faculty expertise, and post-graduation prospects, here are the top 10 MBA colleges in Germany:
| University Name | QS Global Rankings 2024 | Tuition Fees (EUR) |
|---|---|---|
| Technical University Munich, Munich | 37 | 276 |
| Ludwig Maximilian University-Munich | 54 | NA |
| WHU-Otto Beisheim School of Management | 59 | 47,500 |
| Freie Universität Berlin | 98 | 295.49 |
| Humboldt University of Berlin | 120 | N/A |
| Technical University Dresden | 246 | 2000 |
| Hamburg Technical University | 1401 | N/A |
| Technical University of Darmstadt | 269 | 24.800 |
| University of Mannheim | 454 | 42,500. |
| EBS Business School | 551-600 | 31,980 |
Other Business Schools in Germany
Some Best B schools in Germany with low tuition fees are lifted below as per the QS rankings of 2024 -
| University Name | QS Global Rankings 2024 | Cut off | Tuition Fees (EUR) |
|---|---|---|---|
| Goethe University Frankfurt | 302 | GMAT - 640 TOEFL - 100 IELTS - 7 |
32000 |
| University of Cologne | 250 | GMAT - 610 IELTS - 7 TOEFL - 95 |
NA |
| University of Muenster | 384 | GMAT - 600 GMAT Focus edition - 565 |
317.48 |
| University of Bonn | 89 | TOEFL - 72-94 IELTS - 6 |
323.96 |
| Darmstadt University of Technology | 201-250 | TOEFL - 95 GMAT - 650 |
24.800 |
| University of Hamburg | 205 | TOEFL - 78-90 IELTS - 5.5 TO 6.0 |
NA |
| University of Erlangen | 229 | IELTS - 7 TOEFL 0 80 TO 95 GMAT - 570 |
452 |
| University of Wuerzburg | 440 | GMAT - 600 IELTS 6.5 TOEFL - 83 |
N/A |
| University of Freiburg | 192 | TOEFL - 74 TO 90 IELTS - 6.5 |
3,000 |
Business School in Germany for Undergraduate Programs
Undergraduate business schools in Germany offer various management programs that you can avail of in the top business schools for a bachelor's degree.
Admission Requirements for Undergraduate Business Schools in Germany
To get into the too undergraduate business schools in Germany, you need to have the following -
- High school diploma or equivalent
- have a GPA of at least 3.0 on a scale of 4
- Official transcripts from all previous educational institutions
- Entrance qualifications and language proficiency requirements, such as the DSH or TestDAF for German-taught programs, or IELTS or TOEFL for English-taught programs.
- For admission to an English-taught program in Germany, you will typically need a minimum IELTS score of 6.5 or higher.
- School leaving certificate
- Academic transcripts (if required)
- Letters of motivation or references (optional)
- completed and signed the application form
- Passport and photo ID
- Student visa
- Photographs
- CV or resume
- Portfolio (if applicable)
- Health insurance
| University Name | Tuition Fees (EUR) | Tuition Fees (INR) | Cutoff |
|---|---|---|---|
| Technical University Munich, Munich | 276 | 24,232 | IELTS - 6.5 TOEFL - 88 |
| WHU-Otto Beisheim School of Management | 47,500 | 39.5 L | IELTS - 6.5 TOEFL - 95 |
| Freie Universität Berlin | N/A | N/A | IELTS - 6.5 TOEFL - 100 |
Business School in Germany for MBA Programs
Germany being the international hub for business management courses, brings the top MBA schools with affordable tuition fees.
Admission Requirements for Business Schools in Germany for MBA
To be eligible to apply to top MBA schools in Germany, you need to fulfil the following criteria -
- A recognized degree in any discipline with at least a B+ average in their Bachelor's degree
- Completed Application form for the desired University
- Transcript of Studies to Date
- Letter of Motivation
- Updated Résumé
- GMAT/GRE scores
- IELTS / TOEFL / PTE scores
- Entrance exam scores, if required
- Evidence of at least Four to Five Years of Work Experience ( number of years varies according to the university)
- Passport
- Student Health Insurance Certificate
- Most Current Photo (as for ID)
- German Student Visa
| University Name | Tuition Fees (EUR) | Tuition Fees (INR) | Cutoff |
|---|---|---|---|
| Technical University Dresden | 2000 | 97,477 | TOEFL - 90 (Writing - 21 Listening - 21 Reading - 22 Speaking - 23) IELTS - 6.5 GMAT - 590 |
| Technical University of Darmstadt | 24.800 | 52.684 | GMAT - 650 or higher IELTS - 6.5 TOEFL - 95 or above |
| University of Mannheim | 42,500. | 2.89 L | TOEFL - 95 IELTS - 7.0 GMAT- 600 |
| EBS Business School | 31,980 | 28.98 L | GMAT - 600 IELTS - 7 TOEFL - 90 |
| Frankfurt School of Finance & Management | 42,206 | 38,23,260 | GMAT - 630 IELTS - 7 TOEFL - 90 |
| HHL Leipzig Graduate School of Management | 39,694 | 35,95,685 | GMAT - 610 IELTS - 7 TOEFL - 90 |
| WHU-Otto Beisheim School of Management | 47,500 | 43,02,783 | GMAT - 638 TOEFL - 100 IELTS - 7 |
Note: 1EUR = 90.63 INR as of 31st May, 2024
Scholarships for MBA Colleges in Germany
Every year, the DAAD Scholarships, funded by the German government, offer over 100,000 scholarships to international students, while many universities offer their own scholarships.
These scholarships are highly competitive, and students are advised to apply early to increase their chances of success.
| Scholarships | Awards | Type |
|---|---|---|
| Frankfurt School Scholarship | Cover 30% of the tuition fee | Merit-based |
| Munich Business School MBA Scholarship | Provide € 4,000 | Merit-based |
| SRH Berlin University of Applied Sciences: Scholarship for International Students | Cover 50% of tuition fee for the first year | Merit-based |
| Women for Leadership Scholarships at SRH Berlin University of Applied Sciences | Cover 50% of tuition fee for the first year | Merit-based |
| HHL Future Entrepreneur Scholarship | Provide a tuition fee reduction of up to 25% | Merit-based |
Scope After MBA in Germany Business Schools
Graduates can expect to find jobs in various sectors, such as finance, marketing, consulting, and technology. The average salary for MBA graduates in Germany ranges from INR 45L (€50,000) to INR 90L (€100,000) per annum, depending on the sector and the experience of the individual.
| Occupation | Average Salary |
|---|---|
| HR Manager | € 56,259 |
| Project Manager | € 68,578 |
| Consultant | € 70,534 |
| Operation Manager | € 96,814 |
| Business Manager | € 3,93,40 |
How to choose Universities?
The educational system in Germany is known for its quality, research, welcoming environment, and affordability. For some universities, there is no tuition fee, whereas the return on investment is high. Knowledge of German is always an additional advantage, while some universities require proficiency in the German language as an admission requirement.
- Once you have decided which university you want to study in, start searching for the best universities offering that course.
- After the shortlisted universities, try to analyze how much is the return on investment, including, rankings, job opportunities, fees, course structure, research opportunities, etc.
- After that, use tools like University Comparer, to have a comparison between universities shortlisted. Before finalizing, look at your budget, the location of the university, and the student profiles of students who graduated to give an idea of how the careers of the students who graduated from the university of your choice were.
- After that, fill out the application form, pay the application fees, wait for the university's decision, and if you have received an offer, you can proceed with the application for a student visa.
Pursuing management courses in Germany can be an excellent option for international students seeking a high-quality education at a reasonable cost. With a wide range of programs from prestigious universities, you can choose the right one that suits your needs.
FAQs
Ques. What are the top business universities in Germany?
Ans: Some of the best business universities in Germany include WHU – Otto Beisheim School of Management, Mannheim Business School, and ESMT Berlin.
Ques: What programs do these universities offer?
Ans: They offer a range of programs including Bachelor’s, Master’s, MBA, and doctoral degrees in various business-related fields.
Ques: How competitive is it to get into these universities?
Ans: Admission to top business universities in Germany is highly competitive, with a focus on academic excellence, relevant work experience, and often proficiency in English or German.
Ques: Do these universities offer scholarships?
Ans: Yes, many of these universities offer scholarships for both domestic and international students based on merit, need, or specific criteria.
Ques: What is the language of instruction at these universities?
Ans: While some programs are offered in English, others may require proficiency in German. It's advisable to check the language requirements for individual programs.
Ques: What is the typical duration of programs at these universities?
Ans: Bachelor’s programs usually take three to four years, Master’s programs typically take one to two years, and doctoral programs vary in length.
Ques: Can international students work while studying at these universities?
Ans: Yes, international students are allowed to work part-time during their studies, typically up to 20 hours per week.
Ques: What kind of career support do these universities offer?
Ans: These universities often have dedicated career services departments that offer career counseling, networking opportunities, internships, and job placement assistance.
Ques: Are there opportunities for international exchange or study abroad programs?
Ans: Yes, many of these universities have partnerships with other institutions worldwide, offering students opportunities for exchange programs or studying abroad.
Ques: Are there any specific requirements for international students applying to these universities?
Ans: International students may need to fulfill additional requirements such as proof of language proficiency (usually in English or German) and obtaining a student visa.
Ques: What is the cost of studying at these universities for international students?
Ans: Tuition fees vary depending on the university and program. While some universities may have no tuition fees for international students, others may charge moderate to high fees, especially for Master’s or MBA programs.
Ques: What is the reputation of graduates from these universities in the business world?
Ans: Graduates from these universities are highly regarded in the business world, with many alumni holding prominent positions in multinational companies, consulting firms, and entrepreneurial ventures.
Found 3 universities
| CD Rank | College Info | Tuition Fees & living Cost(Avg.) | Top Courses | Ranking & Reviews |
|---|---|---|---|---|
| #1 |  University of Goettingen, GottingenLower Saxony, Germany20%Acceptance Rate | Tuition: $872.64/Yr (€808/Yr)Admission | M.S International Programme Inte...TOEFL81$872.64/Yr Course duration: 18 months Programs | |
| #2 |  University of Hohenheim, StuttgartBaden-Wurttemberg, Germany58%Acceptance Rate | Tuition: $3.2K/Yr (€3,000/Yr)Admission | M.S AgribusinessTOEFL90$3.2K/Yr Course duration: 2 years Programs | |
| #3 |  Rhein-Waal University of Applied Sciences, KleveNorth Rhine-Westphalia, Germany61%Acceptance Rate | Tuition: $631.8/Yr (€585/Yr)Admission | B.A AgribusinessIELTS6.0$631.8/Yr Course duration: 3 years Programs |
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