MBA in Germany

MBA in Germany

Do you want to maximize your earning potential during your time in Germany? Do you also want to learn valuable skills and boost your confidence at the same time? If so, earning an MBA in Germany makes a lot of sense. These business qualifications open so many doors for holders, in all sorts of business sectors.

So let's explore what they are, where to study, and how to apply. That way, we can set your German business career on the road to success.

General Information about MBA

MBA degrees are often seen as a passport to executive positions in companies across the world

With the right MBA (Master of Business Administration) in their possession, holders can build prosperous careers in corporations, pursue research agendas, or create their own companies with a foundation of knowledge and contacts.

MBA courses teach students skills that are relevant to business management. Featuring modules on topics like financial analysis, legal structures, psychology, human resources, and business strategy, equip graduates with useful skills, while allowing them to build relationships with companies and influencers in their chosen profession.

Is an MBA in Germany free?

MBAs across the world tend to be relatively expensive courses. That's because they attract wealthy students, and are often funded by major companies. As such, finding a free MBA in Germany may not be possible.

Even public universities often charge for MBAs, while offering other courses for free. Having said that, if you want a cut-price MBA in Germany DAAD may be the place to look. The scholarship-granting body often lists grants for international students at major business schools.

Another good option to find a MBA course is MBA Lounge, the website includes a comprehensive search function and students can search by subject or university. 

How much will it cost to do an MBA in Germany?

Otherwise, students will need to pay the standard fees for their MBA. Fees vary between institutions, but will range from €4,000 to as much as €36,000 for a 1-year MBA in Germany.

Top 10 MBA Programs in Germany

There are several German Business Schools and Universities that offer excellent MBA Programs

  • Frankfurt School of Finance & Management: heavily focused on the skills required by financial institutions
  • ESMT Berlin: takes a global view, with excellent modules on sustainable business
  • WHU: ideal for working at manufacturing companies
  • Mannheim Business School: specialized in international career paths -- so, great for overseas students
  • Pforzheim University: conveniently located for industrial placements
  • HHL Leipzig: famous for producing some of Germany's most innovative entrepreneurs
  • University of Cologne Executive School: scores highly with its joint programs with Rotterdam's School of Management
  • HWR, Berlin School of Economics and Law: excellent links to the City of London and Asian financial centers
  • Technical University of Munich: has an excellent reputation for encouraging innovation
  • ESCP Berlin: offers a cosmopolitan business education, with strong links across Europe.

Why Germany is a smart choice for MBA

With its history of technical innovation, methodical business culture, and global orientation, you would expect German MBAs to score highly with global judges, and you wouldn't be wrong

Germany's business schools are among Europe's best, and compare favorably with any in North America, the UK, or Asia. German MBAs tend to offer several advantages that alternatives in the UK, France, or Spain cannot. For example:

Links to German Industry

MBA colleges tend to be tightly connected to Germany's manufacturing sector. Because of this, leading schools can offer placements in factories and offices, where students can learn as they work, and build connections that can come in handy later.

In-Depth, Skills-Based Learning

German MBAs also generally deliver a more in-depth level of tuition, with a focus on research and rigor, instead of fashionable theories and big-name lecturers.

Value for Money

Then there's cost. German MBAs are usually cheaper than the equivalent in the USA or the UK, and grants may be available for overseas students.

Is an MBA in Germany good?

Generally speaking, yes, German MBAs are worth studying for. They provide useful skills and may open doors to career paths in Germany.

However, global rankings don't always reflect these facts. For instance, the Financial Times Top 100 MBA ranking includes just 3 German schools. So, if you intend to work internationally in places like Hong Kong, London, or New York, a German MBA may not be ideal.

Requirements and Application

MBAs in Germany have specific admission requirements, just like any German courses, so it pays to check your MBA in Germany eligibility before beginning the application process

General eligibility requirements

Generally speaking, applicants will need the following qualifications or documents:

  • A relevant undergraduate degree
  • Strong performance in GMAT tests (Graduate Management Admission Tests)
  • Academic certificates
  • Qualifications proving
  • German fluency
  • Letters of recommendation and motivation
  • A valid German student visa and residency permit
  • A scanned copy of your passport

How can I apply for an MBA in Germany?

Students will generally apply for an MBA online, so there's no need to deal with a stack of documents. Just find a way to make high-quality scans of your documents, and upload them to your university's application portal.

Most of the time, you can access these portals via Uni-Assist - which links together German universities. It makes the application process much easier.

Check your academic credentials

Always check whether your academic credentials are accepted in Germany. If not, you may need to undertake a 6 month prep course to gain admission. Your university should advise about how to arrange this course.

Duration of a German MBA degree

MBA degrees aren't designed to stretch out for years

Instead, they are relatively concise courses, with densely packed modules and assessments. The aim is to provide graduates with the business skills they need, as quickly as possible.

How long does it take to get an MBA degree in Germany?

Typically, an MBA in Germany will have a duration of 12-18 months. This can be longer, but students rarely graduate in less than a year.

Explore the possibilities for joint courses. For instance, some universities may offer an MBA with social science components, or technical modules relating to specific industries. And some offer extended periods at partner institutions in other countries.

Whatever you choose, expect to enhance your career prospects. Statistics vary, but estimates from Mannheim Business School suggest that graduates see an 81% MBA "premium", as their new skills and qualifications kick in. If that sounds good to you, exploring the options for a German MBA is a fantastic idea.