What would be the approximate total cost for doing a masters in management in Germany including scholarships?
The total cost for a Master's in Management in Germany depends on the type of university and scholarships received.
- Public universities: Most do not charge tuition fees. Expect to pay a semester contribution of €150 - €400/semester. With scholarships like DAAD, your total annual cost (including living expenses) can be around €3,000 - €6,000/year.
- Private universities: Tuition typically ranges from €8,000 - €20,000/year. Even with scholarships, annual costs may be €10,000 - €20,000/year.
- Living expenses: Budget €900 - €1,200/month for accommodation, food, and personal costs.
Scholarships such as DAAD, Deutschlandstipendium, and Heinrich Böll Foundation can significantly reduce costs. All figures are typical and subject to change.
Got a budget of 40 to 50 lakhs? See what Germany costs.
Full tuition and living breakdown, plus universities that fit your number.
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