MBA in Germany for Indian students is highly rewarding because it not only fosters leadership skills in students but also gives them a chance to present the solution to problems that exist in the real world such as poverty, unemployment and illiteracy. This also opens a door for young minds to showcase their skills of critical thinking and decision making to world.
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Pursuing MBA in Germany in 2024: An Introduction
MBA or Master of Business Administration is a general professional full-time course which educates students about principles underlying business and financial processes and imparts skills relevant to them.
The program length of the MBA in Germany is 2 years which consists of exposure to classroom as well as real-life market scenarios in the form of internships and practicals.
Advantages of MBA in Germany for Indian Students 2024?
The focus of the MBA in Germany is to inculcate managerial and leadership skills into international students. Let’s dive deeper to understand why Germany could be best for you to pursue MBA.
Academic Excellence: With the presence of top B-Schools like SRH: Berlin University of Applied Sciences, Technical University of Munich, GISMA Business School etc, exceptional faculty members renowned for their expertise, and better classroom exposure, Germany stood up next to the USA, UK, Australia and Canada in providing quality and best education to global students.
Industry Exposure: Only learning theories in the classroom is not enough until you learn how to apply them in real life. Keeping this in mind, German industries have extended their arms to universities in Germany where they provide internships, skill development and full-time work opportunities to international students.
Booming Economy: Germany is leading the way among other EU countries by claiming the global place in being the 4th strongest economy of the world. This led to the creation of abundant job opportunities, low costs of living and luxurious life in the country.
No Tuition Fees: German public universities don’t charge any tuition fees from any international student because they aim to make education affordable for all.
Opportunity to learn a third language: Most of the Indian students who go to Germany for higher studies have very good proficiency in English and Hindi or any other regional language of India.
By Residing in Germany they often get an opportunity to learn German as a third language to have better communication with local people.
Curriculum of MBA in Germany for Indian Students
The course curriculum of MBA in Germany that leading universities follow are:
- Introduction Business Accountability
- Work Ethics and Culture
- Financial strategy and planning
- Sales & Marketing
- Economics Statistics
- Business Operations
- Leadership, Teamwork, Management, and Organizational Behavior
- Accounting
Also read- Scholarships in Germany
Top Universities in Germany for MBA 2024
University | QS World Ranking 2024 (by subject) | Annual Fees | Application Deadlines |
---|---|---|---|
Mannheim Business School | 43 | €42,000 | August 15 2024 |
Frankfurt School of Finance & Management | 45 | €42,000 | June 30 2024 |
TUM School of Management | 76 | €39,000 | February 29 2024 June 30 2024 |
ESMT Berlin | 85 | €49,000 | April 28 2024 |
HHL Leipzig Graduate School of Management | 121-150 | €39,000 | May 31 2024 |
WHU - Otto Beisheim School of Management | 128 | €39,000 | March 31 2024 April 31 2024 |
RWTH Aachen University | 201-250 | €30,000 | October 1 2024 |
University of Cologne | 251-300 | Only social contribution fees that differs in every semester | July 15 2024 |
University of Munster | 351-400 | Only semester fees | June 30 2024 |
MBA in Germany for Indian Students: Top Specialisations
Some of the popular specialisations in MBA in Germany are:
- MBA in Finance
- MBA in Marketing
- MBA in Entrepreneurship
- MBA in HR
- MBA in Innovation
- MBA in International Management
- MBA in Leadership
MBA in Germany for Indian Students: Eligibility Criteria
Direct Admission
Indian students who have completed their undergraduate degree program in Business, Economics, and Industrial Engineering of 4 years duration can apply for an MBA in Germany on the university website.
Indirect Admission
In case an Indian student has completed his/her undergraduation in a 3-year degree course like B.Com, they have to pursue bridge course necessary for MBA through Studienkolleg to become eligible.
They also can undergo WES Evaluation to make their Indian credentials equivalent to that of German standards.
Also read- MiM in Germany 2024
MBA in Germany Requirements
Following is the list of required documents which are compulsory to submit while applying for an MBA in Germany:
- Minimum CGPA of 7.0 or GPA of 3.5 (70-80%) in bachelor’s degree course.
- Academic transcripts
- Duly completed Application form
- GMAT score of at least 400-600. Not all universities in Germany require GMAT scores thus students can opt for an MBA without GMAT as well.
- Entrance exam scores (if required)
- Results of English-language proficiency tests such as IELTS/TOEFL.
6.5 for IELTS
60-90 for TOEFL - Some universities need German proficiency like TestDAF
- 2-3 Letters of Recommendation
- 1-2 Statement of Purpose
- 4-5 years of Work Experience ( number of years varies according to the university)
- APS Certificate
- 2 passport-sized photographs
- Blocked Account for showing proof of funds (Minimum €11,208 must be deposited before applying for study visa)
- CV (if required)
- Passport
MBA in Germany for Indian Students: Study Intakes
Intake type | Commencement of Application | Application Deadlines | Commencement of Session |
---|---|---|---|
Summer intake | December 2023 | January 2024 | April-May 2024 |
Winter intake | January 2024 | May 2024 | August-September 2024 |
Application Process for MBA in Germany
The preparation for applying to German universities should be initiated 1 year before the commencement of the session in particular or desired intake.
This is so because assembling required documents and preparation for standardized tests might take time which can be compensated if the process commenced earlier.
Indian students desiring to pursue MBA courses in Germany are required to apply on the university website.
Research and Evaluate
The basic process of applying to some universities is to first evaluate the field of interest you have, skills you possess and subject knowledge you carry. Through this, you will have an idea in what field or subject area you can excel in case you haven’t decided on your career
Shortlisting
Based upon this, explore the available courses and universities that offer them. Visit their respective websites and go through details of the course including curriculum, fee structure and other benefits like scholarships and scope of the chosen course. Shortlist 8-10 universities which are supposed to fulfil your career aspirations.
Application Process
- Prepare for standardised and German language proficiency tests such as IELTS, GMAT, TestDAF etc 6 months before the beginning of the desired intake application cycle.
- Qualify the tests and receive their scorecards.
- Gathered all the necessary documents.
- Most German Universities prefer the UniAssist platform to accept applications. However, you can also visit the university website and make an online application for the desired course for the following intake.
- Submit the online application by paying registration fees (if required)
- Appear for the virtual interview (if required)
Visa Process
- After passing the interview, receive the offer letter.
- Visit the German Embassy or Consulate office with the required documents and apply for a Student Visa.
- You can check the list of required documents necessary for making a visa application here
The whole application process from preparation of enrollment to departure might take 13-15 months to complete fully. Keeping this fact in mind, the international student wish to pursue degree courses in Germany should initiate the process as earliest as possible in any given intake.
MBA Jobs in Germany 2024
Below is the list of popular jobs which graduates opt for better career and salary packages after an MBA in Germany.
Some of the top MBA employers in Germany are Hays, Robert Half, Michael Page, Accenture, Deloitte, PwC, Boston Consulting Group etc.
Job Title | Annual Salary |
---|---|
Finance Manager | €57,000-90,000 |
SAP Consultant | €52,000-72,000 |
Product Manager | €53,000-80,000 |
Sales Manager | €48,000-80,000 |
HR Manager | €50,000-71,000 |
Digital Marketing Manager | €45,000-60,000 |
Business Analyst | €50,000-70,000 |
General Manager | €5,00,000-12,00,000 |
Marketing Manager | €45,000-67,000 |
Operations Manager | €45,000-67,000 |
Business Development Manager | €50,000-80,000 |
Consultant | €53,000-70,000 |
Brand Manager | €56,000-85,000 |
Key Customer Manager | €65,000-80,000 |
Also read- Costs of Living in Germany 2024
Conclusion
Pursuing MBA in Germany is the highly rewarding and enthusiastic approach towards building a career in the field of business administration and finance. The curriculum of the MBA program in Germany is such that it not only fosters leadership skills in students but also gives them a chance to present the solution to problems that exist in the real world such as poverty, unemployment and illiteracy. It also opens the door for embracing a wide range of job opportunities with top employers in the world. Overall, Germany is the finest place where one can land to fulfil their aspirations and serve the world for a greater cause.
FAQs
Can I pursue MBA in Germany without work experience?
Which MBA specialisation is best for me to pursue in Germany?
Is it worth doing MBA from Germany?
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