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Best Business Schools in Germany

Expatrio 2024-02-15
Best Business Schools in Germany


Germany is a popular choice among international students to study business. And it is because the country offers some of the best business schools globally. Thirty-eight universities in Germany are ranked in the world's top 500 best universities to study business.

So, let’s take a look at the top five best business schools in Germany and the best city to study full-time Business in. 

Why study Business?

The world of business is constantly changing. It is essential to have a strong foundation in business concepts and practices to keep up with it. A Business degree from a top school will give you what you need to succeed in any industry. It is also a very practical subject, which means that students can expect to gain skills that they will be able to use in the real world.

Some of the skills include:

  • Budget forecasting: Predicting future spending and revenue is an essential skill for any business.
  • Marketing: Knowing how to target and reach customers is key to a successful business.
  • Financial analysis: Understanding financial statements and predicting a company's financial health is vital for any executive.
  • People management: A big part of being a successful business person is managing and leading teams.

What's the best business school in Germany?

Everyone wants to earn their degree from the best schools. Luckily for you, Germany offers some of the world's top business schools with hundreds of programs to choose from. The following are the top five top business schools in Germany.

University of Mannheim

  • World ranking: 42nd
  • Tuition: €1,500 per semester for non-EU/EEA citizens

The University of Mannheim is a public university located in Mannheim, the second-largest city in the German state of Baden-Württemberg. If you're looking to study at the top business school in Germany, your search should end here. Its business school, the Mannheim Business School, is consistently ranked at the top globally.

LMU Munich

  • World ranking: 46th
  • Tuition: Free

The Ludwig-Maximilians-Universität München (LMU Munich) is one of Germany's largest and most prestigious universities. It is also one of the oldest, having been founded in 1472. The university's business school is ranked 46th globally, and it is incredibly well-regarded for its programs in marketing and leadership.

Free University of Berlin

  • World ranking: 151 - 175
  • Tuition: Free

The Freie Universität Berlin (Free University of Berlin) is one of the leading research universities in Germany. The university's business school has approximately 34 professors leading research and education initiatives concerning economics, business administration, political science, and other interdisciplinary courses.

TU Munich

  • World ranking: 55th
  • Tuition: Free

The Technische Universität München (TU Munich) is one of the leading technical universities in Europe. It is also a member of the TU9, an association of the nine leading Institutes of Technology in Germany. The university's business school is ranked 55th globally for a reason. Its programs are structured to accommodate students with either economic sciences or technical backgrounds.

University of Bayreuth

  • World ranking: 126 - 150
  • Tuition: Free

The University of Bayreuth is a public research university located in Bayreuth, Germany. It is one of the youngest universities in Germany, having been founded only in 1975. However, it is already world-renowned for its business school due to its program structure. The course is research-related and, at the same time, oriented towards future fields of activity in the industry, finance companies, and medium-sized companies.

University of Bonn

  • World ranking: 67
  • Tuition: Free

The University of Bonn is a public research university located in Bonn, Germany. Though its business school only offers graduate programs, most of its doctoral students receive grants to cover living expenses and their own office space.


Other top business schools in Germany based on ranking

The following is a list of the top business schools in Germany that ranked in the world's top 500.

  • University of Hamburg
  • University of Cologne
  • Goethe University Frankfurt
  • University of Hohenheim
  • University of Konstanz
  • University of Passau
  • University of Siegen
  • TU Dortmund University
  • Bielefeld University
  • Leibniz University Hannover

Which city is best for international students in Germany?

There is no definitive answer for the best city in Germany for international students. Every town has its own unique charm and offers something different to students. However, some cities are more popular among international students than others.

Berlin is often cited as the best city for international students in Germany. The capital city is home to a large international community, with plenty of opportunities for students to get involved in its vibrant culture. Additionally, Berlin is home to some of the best universities in Germany, including several top business schools.

Munich is another popular city among international students. This cosmopolitan city is home to a thriving startup scene and some of the best business schools in Germany. Munich is also a great place to learn German, as it is home to many native speakers.

The financial capital of Germany, Frankfurt, presents many multinational corporations, making it a great place to start a career in business after graduation. Moreover, Frankfurt is home to some of the best business schools in Germany. Frankfurt is also popular among international students.


What can you do with a business degree?

As it turns out, having a business degree can lead to various careers. Some of the most popular career options for business graduates include roles in marketing, human resources, finance, and entrepreneurship. Additionally, business graduates can work in a wide range of industries, including technology, retail, manufacturing, and banking.

The median income for someone with a business degree is €47,000 per year. However, with the right skills and experience, it is possible to earn a six-figure salary in many different roles.


So, is Germany good for business studies?

Germany is a great place to study business. Not only are the universities ranked among the best in the world, but the business landscape in Germany is also incredibly diverse and offers plenty of opportunities for students. From small businesses to multinational corporations, there's something for everyone in Germany. A business degree from a top school in Germany can lead to a successful and lucrative career.

Germany is also known to produce some of the world's top $1 billion startups, such as N26, Trade Republic, Gorillas, FlixMobility, and many more. Some of these successful startup founders also have one thing in common: they studied at three of the top universities in Germany. So, if you're looking for an internationally respected business degree, Germany is a great option.

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