10+ Best MBA Colleges In Germany In 2024

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Germany has become an increasingly popular destination for international students seeking a high-quality education and valuable work experience. Germany has emerged as a top-ranked destination for MBA programs, with many prestigious universities offering a wide range of programs in business and management. 

In fact, according to DAAD India, the number of Indian students studying in Germany has increased in recent years. There were 34,134 Indian students pursuing higher education in Germany, and by 2023, that number had risen by 26% and reached 42,997.

The ISB data shows that international students in Germany highly value the quality of education. 97% of students reported satisfaction with their program’s academic standard.

Germany boasts over 400 universities, and its MBA programs have gained global recognition. According to the QS World University Rankings, 3 German universities have MBA programs ranked among the top 100 globally, a testament to their quality and relevance. 

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. This makes Germany an attractive destination for students who are looking for high-quality education at a reasonable cost. 

Furthermore, German universities have a strong reputation for producing graduates who are highly sought after by employers worldwide. So, if you’re considering pursuing an MBA, studying in Germany could be an excellent option for you.

Get a quick overview of the blog’s key highlights and unlock valuable information about the top MBA colleges in Germany for Indian students.

Blog Highlights:

Top Colleges In Germany-University Saarland
-University of Bayreuth
-Munich Business School
-RWTH Aachen University
Top MBA Specialisations-Business Analytics
-Finance
-Marketing
-Economics
Avg Tuition Fees in GermanyINR 11L (€ 12,000) to INR 44L (€ 49,000)
Scholarships-Frankfurt School Scholarship
-Munich Business School MBA Scholarship
-HHL Future Entrepreneur Scholarship
Entry RequirementsVisa
IELTS/TOEFL
-Bachelors Degree
GRE/GMAT (Optional)
SOP
LOR
Top Recruiters in Germany-BMW
-Daimler AG
-Siemens AG
-Volkswagen
Avg Salary INR 45L (€50,000) to INR 90L (€100,000) per annum
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Why Choose Germany For An MBA?

Germany is a top destination for pursuing an MBA, offering a range of globally recognised programs for their quality and relevance. Studying in Germany can provide a host of benefits to international students, such as: – 

  • High-quality education: MBA colleges in Germany have a strong reputation for providing high-quality education in business and management, with many programs taught in English
  • Affordable tuition fees: The tuition fees at top MBA colleges in Germany for international students are significantly lower than in other countries, making it an attractive option for those looking to save costs. 
  • Shorter duration: Many MBA colleges in Germany offer MBA programs with shorter durations, with some programs allowing students to complete their degree in just one year.
  • No GMAT requirement: International students can pursue an MBA in Germany without the need for GMAT scores, making it a convenient and accessible option for those who wish to apply. 
  • Cultural diversity: Germany is rich in cultural heritage, providing international students with a unique opportunity to experience new cultures and broaden their horizons.
  • Career opportunities: German universities have strong links with the industry, and employers worldwide highly seek their graduates. 
  • Safe and welcoming environment: Germany is known for its safe and welcoming environment, making it an ideal destination for international students. 

Overall, choosing the top MBA Colleges in Germany can provide international students with an excellent opportunity to gain a high-quality education, broaden their horizons, and advance their careers.

Top MBA Colleges in Germany

Germany has many MBA programs offered by its prestigious universities, with 75 universities offering 141 English degree programs in total. 

According to the QS World University Rankings, 3 German universities have MBA programs ranked among the top 100 globally, a testament to their quality and relevance. 

Both public universities and private institutions offer MBA programs in Germany. Public universities typically have lower tuition fees, but admission might be more competitive. 

Top MBA colleges in Germany offer both full-time and part-time MBA programmes, which allows students to choose what works best for them. Some MBA colleges in Germany don’t charge tuition fees for international students, although they have to pay a mandatory semester fee, which is not very costly.

Here is the list of the top 10 MBA Colleges in Germany for International Students:

Top 10 MBA Colleges in GermanyAvg Tuition Fees
University SaarlandINR 11L (€ 12,000)
GISMA Business SchoolINR 16L (€ 18,000)
University of BayreuthINR 17.7L (€ 19,600)
SRH Berlin University of Applied SciencesINR 19.5L (€ 21,600)
Munich Business SchoolINR 29L (€ 32,000)
RWTH Aachen UniversityINR 27L (€ 30,000)
Technical University of MunichINR 35L (€ 39,000)
Frankfurt School of Finance & ManagementINR 38L (€ 42,000)
WHU-Otto Beisheim School of ManagementINR 39L (€ 43,000)
ESMT BerlinINR 44L (€ 49,000)
Note: Tuition fees mentioned in the table are approximate costs. They may vary by course and currency exchange rate.

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10+ Best MBA Colleges In Germany In 2024

MBA Colleges in Germany: Scholarships

Germany is an excellent destination for international students seeking scholarships for their MBA degrees. 

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.

Here is the list of scholarships at top MBA Colleges in Germany for international students:

ScholarshipsBenefitsType
Frankfurt School ScholarshipCover 30% of the tuition feeMerit-based
Munich Business School MBA ScholarshipProvide € 4,000 (INR 3.6L)Merit-based
SRH Berlin University of Applied Sciences: Scholarship for International StudentsCover 50% of tuition fee for the first yearMerit-based
Women for Leadership Scholarships at SRH Berlin University of Applied Sciences Cover 50% of tuition fee for the first yearMerit-based
HHL Future Entrepreneur ScholarshipProvide a tuition fee reduction of up to 25% Merit-based

While we have discussed some of the scholarships available for international students pursuing an MBA in Germany, it is essential to note that this is not an exhaustive list. 

Many other scholarships and financial aid options are available for international students in Germany, and we encourage you to explore all available opportunities. 

Top Recruiters of MBA Colleges in Germany

Germany has a strong economy with a high demand for skilled professionals, making it an ideal destination for MBA graduates seeking employment opportunities. 

According to Statistisches Bundesamt, as of January 2024, approximately 45.7 million people were employed in Germany, and this number is projected to rise even further. 

In fact, in ESMT Berlin University, 85% of MBA graduates receive job offers within 3 months of graduation

Some of the top recruiters for MBA graduates in Germany include:

  • BMW
  • Daimler AG
  • Siemens AG
  • Volkswagen
  • Allianz
  • Deutsche Bank
  • PwC
  • KPMG
  • EY
  • McKinsey & Company 

These companies have a strong presence in Germany and offer excellent job opportunities for MBA graduates in various sectors, such as finance, consulting, and engineering.

Avg Salary and Jobs for Graduates of MBA Colleges in Germany

International students who graduate from MBA colleges in Germany have excellent career prospects. German universities have strong links with industry, and employers worldwide highly value graduates from these institutions. 

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. 

Here’s a table showcasing some of the popular job roles and their average salaries for MBA graduates in Germany:

JobsAvg Salary
HR ManagerINR 51L (€ 56,259)
Project ManagerINR 62L (€ 68,578)
ConsultantINR 63.6L (€  70,534)
Operations ManagerINR 87.4L (€ 96,814)
Business ManagerINR 3.5Cr (€ 3,93,408
Sourced By: Glassdoor

Note: The salaries mentioned in the table are approximate and may vary by location, experience and currency exchange rate.

Final Thoughts

Pursuing an MBA 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.

Leapscholar is here to help you make informed decisions and assist you throughout your journey to study in Germany. We offer end-to-end solutions and guide you through every step, from selecting the right college to the admission process. 

So, what are you waiting for? Start your journey with Leapscholar today and get admission to the best MBA colleges in Germany with our expert guidance and support.

And if you’re considering other options like the UK, USA and Australia, we’ve got you covered, too. Schedule a free consultation with our experts today for personalised guidance and advice.

Frequently Asked Questions (FAQs)

  • Q. What are the fees for an MBA in public universities in Germany?

    A. The public universities in Germany that offer MBAs do not require any tuition fee for admission. Instead, students must pay a semester fee, ranging between €300 to €1,000 (INR 27,000 to INR 90,000). 

  • Q. What are the top MBA in public universities in Germany?

    A. Here are some of the top MBA programs offered by public universities in Germany:

    – University of Mannheim – Mannheim Business School
    – Technical University of Munich – TUM School of Management
    – HHL Leipzig Graduate School of Management
    – RWTH Aachen University – School of Business and Economics

  • Q. What are the best public universities in Germany for MBA for international students?

    A. Here are some of the best public universities in Germany for MBA for international students:

    – Technical University of Munich
    – University of Mannheim
    – Humboldt University of Berlin
    – Goethe University Frankfurt
    – University of Münster
    – University of Stuttgart

  • Q. What are the average Germany MBA colleges fees for International students?

    A. On average, Germany MBA college fees for international students range from INR 11L to INR 44L, which is significantly lower compared to other countries. The cost of living in Germany is also reasonable, making it an affordable study destination. 

  • Q. Is Germany a good option for an MBA?

    A. Yes, Germany is a great option for pursuing an MBA. The country boasts many prestigious universities offering high-quality education in business and management. The cost of studying in Germany is significantly lower than in other countries, making it an affordable option for international students. Additionally, German universities have strong links with the industry, providing students with ample opportunities for career advancement.

  • Q. Do the MBA colleges in Germany provide scholarships to international students?

    A. Yes, several MBA colleges in Germany offer scholarships to international students based on academic merit, financial need, and other criteria. Some of the top MBA colleges in Germany, such as Frankfurt School of Finance & Management and Munich Business School, provide scholarships to international students. These scholarships help to cover tuition fees, living expenses, and other costs associated with pursuing an MBA in Germany. Students can research and apply for these scholarships based on their eligibility criteria.

  • Q. What are the eligibility criteria for an MBA in Germany?

    A. To apply for an MBA program from a German University, you must have a 4-year Bachelor’s Degree, a 3-year degree, and a 1-year Master’s Degree in Business Administration. Some universities may also accept a 3-year degree with relevant work experience. It is important to note that eligibility criteria may vary depending on the university and program, so it’s best to check with the specific institution for their requirements.

  • Q. Can Indian students pursue an MBA in Germany?

    A. Yes, Indian students can pursue an MBA in Germany. Germany has become a popular destination for international students seeking a high-quality education and work experience, with many prestigious universities offering MBA programs in business and management. The number of Indian students studying in Germany has increased in recent years, and the country’s reputation for producing highly sought-after graduates makes it an attractive option for those considering pursuing an MBA.

  • Q. Can international students gain admission into MBA colleges in Germany without work experience?

    A. Yes, international students can gain admission into MBA colleges in Germany without work experience. While some MBA programs might require work experience, many programs don’t have this requirement. Additionally, German universities focus on providing a holistic education to their students, including practical training and internships, which can help students gain work experience during their studies.

  • Q. Do top MBA colleges in Germany require GRE/GMAT scores for an MBA?

    A. No, not all MBA colleges in Germany require GRE/GMAT scores for admission. Some universities may have different admission requirements, such as work experience, academic background, and language proficiency tests like TOEFL or IELTS.

  • Q. Can international students pursue an MBA course in Germany in English language?

    A. Yes, international students can pursue an English-language MBA course in Germany. Many universities in Germany offer MBA programs in English, making it easier for international students to study and complete the course.

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Saket Kohli

An International Higher Ed professional with 7+ years of experience studying, working, and living across three geographies, currently on a mission to share his journey as an International Student.

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