MBA programs in Germany can last anywhere from 12 to 24 months. Some business schools offer exemptions of 15, 18, or 20 months. For instance, the ESCP-Berlin Campus offers Executive MBA programs that are 18 months long and 10-month International Management MBA programmes. Similarly, Cologne Business School offers one-year and two-year MBA programs in international management. Students take a pick at the best and most reputed MBA colleges in Germany.
Germany, the world’s fourth-largest economy and a leader in the automotive and electrical industries, is gradually gaining traction as a sought-after study destination for MBA candidates.
Aside from the stunning scenery and proximity to other European countries, an MBA in Germany can provide you with lucrative career opportunities. Also, Germany has a better work-life balance than either the US or the UK. Compared to 12% in the UK and 11% in the US, only 4% of employees in Germany put in long hours.
Why MBA in Germany?
Along with Canada, Australia, the United Kingdom, and the United States, Germany is becoming a popular study destination for MBA students.
According to the World Bank, Germany has the world’s fourth largest economy and the largest in Europe. It has a plethora of job opportunities after graduation, and according to International Student Statistics 2020, approximately 69.2% of international students would prefer to stay in Germany and find work. Furthermore, the international student population has increased by 53% since 2010.
Aside from its thriving economy, Germany has low MBA tuition, a low cost of living in comparison to other European countries, and favourable post-MBA visa conditions.
The following are the top five reasons to choose an MBA colleges in Germany:
- MBA programmes with a shorter duration
- Class size is smaller, and entry requirements are moderate.
- MBA at a low cost
- Possibility of post-MBA employment
- The ease with which a work visa can be obtained
MBA Scholarships in Germany
Regardless of MBA destination, an MBA degree is frequently the most expensive financial burden for international students. However, you can make it more affordable and easier on your pocket by applying for scholarships.
Germany is one of the top countries for scholarship opportunities. Every year, the government and German MBA universities award thousands of scholarships. The largest scholarship organisation, the DAAD, provides a variety of scholarships to international students.
Furthermore, scholarships are available at MBA colleges in Germany such as WHU Otto, Mannheim Business School, Leipzig Graduate School of Management, and Frankfurt School of Finance and Management.
Best MBA Colleges in Germany
University of Mannheim – Mannheim Business School
The Mannheim Business School provides 12- and 24-month full-time and part-time MBA programs and is one of the top MBA colleges in Germany. The full-time MBA programme can be finished in 12 months, or it can be extended by three months so that students can earn a second Management Analytics certification or do an internship.
A full-time MBA costs €39,900 in tuition, while the average salary is about €95464. Technology accounted for 41% of the MBA class of 2022’s placements, followed by manufacturing (16%) and financial services (11%).
A minimum GMAT score of 600 or an equivalent GRE score is advised by this business school.
Frankfurt School of Finance and Management
An MBA programme that lasts 12 months is offered full-time at the Frankfurt School of Finance and Management. An 18-month Full-Time Executive MBA program is also available. Moreover, students can choose to convert to a part-time course.
The average salary for the MBA class of 2022 is €67,000 whereas the average cost of a full-time MBA at Frankfurt School of Finance and Management is €39,000. Health care (11%), technology (19%), and financial services (19%) received the majority of the student placements.
WHU University – Otto Beisheim School of Management
The 12-month full-time MBA program is offered by the WHU college in Germany. The course provides chances for leadership and self-improvement experiential learning.
The typical MBA earns €77,897 per year, and the cost of a full-time MBA is €40,500. The sector that hired the most students was technology and Start-ups (39%), which was followed by consumer goods and FMCG (13%), and financial services (13%). The incoming class’s average GMAT score is 600+.
ESMT Berlin
The 14-month, full-time ESMT Berlin MBA programme begins in January. It is situated in Berlin and emphasises big data, technology, innovation, and sustainable company growth. A 24-month part-time MBA programme is also offered. ESMT makes it to the list of top MBA colleges in Germany.
The MBA program emphasises general management and personal development, and it holds that new learning in the classroom accounts for 50% of the MBA experience and that the remaining 50% comes through integrative personal growth.
The cost of a one-year MBA is €43,500, while the average salary for the MBA class of 2020 is €71,900. Technology and e-commerce received the most placements for students (22%), followed by consulting (12%) and food (8%). The most recent MBA class’s average GMAT score is 640.
HHL Leipzig Graduate School of Management
There are two options available for the HHL Leipzig full-time MBA program:
12-month fast track including three months for the master’s thesis
Advance track: up to 21 months, with the option of a professional internship or a term abroad.
The cost of tuition for the MBA programme is €39,500. If you complete and submit your application by the following Early Bird dates, they will waive the tuition fee:
| Early Bird Application | Deadline | MBA Fees |
| Early Bird 1 | November 30 | €33,500 |
| Early Bird 2 | January 31 | €34,500 |
| Early Bird 3 | March 31 | €74,500 |
EU Business School
At the EU Business School, the full-time MBA program lasts for a full year. A 24-month, part-time MBA program is also available from them. The MBA programmes at EU have been created especially for working professionals and people with managerial experience.
The full-time MBA program costs €20,850 (three terms)/€6,950 each term in tuition.
Berlin School of Business and Innovation
One of top MBA colleges in Germany is BSBI. The MBA program places a strong emphasis on business skill development and equipping students for employment on a global scale. Students who pursue a Global MBA have the freedom to look for business opportunities around the world and manage the challenges associated with those opportunities. The institution also provides another MBA program in addition to the global MBA.
Technical University if Munich
TUM is unquestionably the greatest option if you’re seeking for the top MBA colleges in Germany. The TUM School of Management assists students in building solid foundations in modern management practises. For those who are interested in pursuing a career in technology, there is an executive MBA programme. Students gain from the university’s network of top international corporations that serve as business partners.
GISMA Business School
The GISMA MBA programme develops practical abilities in key management areas, primarily strategic organisation, operations and business control, value production, and HR management. One of the best MBA colleges in Germany, Potsdam offers a flexible curriculum that allows students to complete a full MBA in one year on campus, a 2-year part-time programme, or an entirely online MBA.
EBS University
EBS provides an MBA program that combines cutting-edge teaching techniques with a practical approach to learning. Small learning groups that enable intensive interaction with the faculty and other students are part of the instructional design. The programme emphasises personal growth, and students have access to outstanding corporate contacts and targeted career coaching.
The research-based MBA programs in Germany are designed to give you the knowledge and skills needed to succeed in the job market. Frankfurt’s business districts are home to organisations like Adidas, Google, the European Central Bank, Volkswagen, and Porsche. Also, all of these businesses employ MBA grads from nearby universities.