For Undergraduate students, an MBA marks a tremendous milestone in a career progression. Since 70% of employers prefer to hire candidates with advanced degrees, it can boost job prospects and earnings potential. According to data from the Graduate Management Admission Council, MBA graduates expect a salary hike up to 77% of their pre-MBA earnings.
On top of that, Germany’s educational landscape appears to be somewhat exceptional where almost 40% of the universities offer tuition-free or low-cost education to international students. In this highly potent mix of cost and quality, Germany is a destination for a career boost through an MBA. In this post, we will discuss the top 20 MBA colleges in Germany, the requirements, the advantages of pursuing an MBA from Germany, and other important aspects related to the topic.
Top 20 MBA Colleges in Germany
Here is the list of the best MBA colleges in Germany. Whether it is working your way upwards through corporate lines, interested in a good opportunity in self-enterprise, or targeting emerging fields, Germany is indeed the best place to pursue your dreams.
Here is the list of top MBA colleges in Germany:
University Name
World Ranking
Type
Tuition Fees (€)
Manheim Business School
#66
Public
€39,500
WHU – Otto Beisheim School of Management
#102
Private
€39,000
Frankfurt School of Finance & Management
#49
Private
€38,000
ESMT Berlin
#97
Private
€43,500
ESCP Business School
#60
Private
€46,350
HHL Leipzig Graduate School of Management
#201 – 250
Private
€37,500
TUM School of Management
#37
Public
€39,000
Cologne Business School
#151 – 200
Private
€44,500
Berlin School of Economics and Law
#201 – 250
Public
€22,000
Humboldt University Berlin – School of Business and Economics
#126
Public
€20,000
SRH Hochschule Berlin
#151 – 180
Private
€26,000
RWTH Aachen University
#99
Public
€30,000
University of Stuttgart
#201 – 250
Public
€36,000
University of Bayreuth
#201 – 250
Public
€20,000
EBS University
#120 – 200
Private
€32,000
Pforzheim University
#201 – 250
Public
€30,000
International School of Management
#151 – 200
Private
€27,00
Munich Business School
#151 – 200
Private
€32,000
Offenburg University of Applied Sciences
#201 – 250
Public
€12,000
European University Viadrina
#150 – 200
Public
€15,000
1. Mannheim Business School
Duration
12 – 21 months
Specializations
Finance, Marketing, Operation Management, Digital Transformation
Language of Instructions
English
Requirements
Recognized University DegreeMin. 3 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 315+
2. WHU – Otto Beisheim School of Management
Duration
12 – 24 months (Full-time MBA)
Specializations
Entrepreneurship, Project Management, Engineering Management, Strategic Innovation and technology management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience tests (TOEFL/IELTS)
GMAT/GRE
GMAT – 600 – 650GRE – 310 – 320
3. Frankfurt School of Finance & Management
Duration
12 – 21 months
Specializations
Finance, Management, Business Analytics, Digitalization, International Healthcare management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 3 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 310+
4. ESMT Berlin
Duration
12 months
Specializations
Innovation and Entrepreneurship, Managerial Analytics
Language of Instructions
English
Requirements
Recognized University DegreeMin. 3 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 315+
5. ESCP Business School
Duration
10 months
Specializations
International Management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 3 years of Work Experience English Proficiency
6. HHL Leipzig Graduate School of Management
Duration
12 – 24 months
Specializations
General Management, Entrepreneurship, Finance, Data Analytics, Marketing
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 550 – 600+GRE – 300+
7. TUM School of Management
Duration
18 – 24 months
Specializations
Management and Technology, Management and Digital Technology, Finance and Information Management, Consumer Science, Sustainable Management and Technology, Business & IT
Language of Instructions
English
Requirements
Recognized University DegreeMin. 3 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 310+
8. Cologne Business School
Duration
3 semesters
Specializations
Human Resource Management, Finance, Marketing, Business Analytics, Supply Chain Management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 550 – 600+GRE – 300+
9. Berlin School of Economics and Law
Duration
4 semesters
Specializations
Entrepreneurship and Innovation, Digital Business Leadership, Finance, Marketing, Supply Chain Management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 550+ GRE – 300+
10. Humboldt University Berlin- School of Business and Economics
Duration
4 semesters (Full- time )
Specializations
General Management, Finance
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 310+
11. SRH Hochschule Berlin
Duration
3 semesters
Specializations
International Management, Marketing, Logistics
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 550+GRE – 300+
12. RWTH Aachen University
Duration
18 months
Specializations
Technology Management, Innovation Management
Language of Instructions
English
Requirements
Recognized University DegreeMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 310+
13. University of Stuttgart
Duration
4 semesters
Specializations
Operation Management, International Management, Technology
Language of Instructions
English
Requirements
BachelorsMin. 2 years of Work Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 310+
14. University of Bayreuth
Duration
24 Months
Specializations
Health Care Management, Innovation, Strategy, Leadership
Language of Instructions
English
Requirements
Recognized University DegreeWork Experience English ProficiencyEnglish Proficiency
GMAT/GRE
GMAT – 550 – 600+GRE – 300+
15. EBS University
Duration
18 Months
Specializations
General Management, Digital Business, Finance, Marketing, Entrepreneurship
Language of Instructions
English
Requirements
Recognized University DegreeWork ExperienceEnglish Proficiency
GMAT/GRE
GMAT – 600+GRE – 315+
16. Pforzheim University
Duration
24 months
Specializations
International Business, Marketing, Corporate Management
Language of Instructions
English
Requirements
Recognized University DegreeWork ExperienceEnglish Proficiency
GMAT/GRE
GMAT – 550+GRE – 300+
17. International School of Management (ISM)
Duration
24 months
Specializations
International Management, Marketing, Finance, Human Resource Management
Language of Instructions
English
Requirements
Recognized University DegreeWork ExperienceEnglish Proficiency
GMAT/GRE
GMAT – 550 – 600+GRE – 300+
18. Munich Business School
Duration
18 months
Specializations
International Management, Digital Transformation, Marketing, Entrepreneurship
Language of Instructions
English
Requirements
Recognized University DegreeWork Experience English Proficiency
GMAT/GRE
GMAT – 600+GRE – 315+
19. Offenburg University of Applied Sciences
Duration
18 months
Specializations
International Business Consulting, General Management
Language of Instructions
English
Requirements
Recognized University Degree2 years of Work Experience
GMAT/GRE
GMAT – 500+GRE – 300+
20. European University Viadrina
Duration
12-24 months
Specializations
Finance, Accounting, Controlling&Taxation (FACT), Finance&International Economics (FINE), Data Science&Decision Support (DSDS), Management&Marketing (M&M), General Management
Language of Instructions
English
Requirements
Recognized University Degree2 years of Work ExperienceEnglish Proficiency
GMAT/GRE
GMAT – 550+GRE – 300+
Advantages of Pursuing an MBA from Germany
Here are the Significance of pursuing an MBA from the top 20 MBA colleges in Germany:
Industry Links: Most German business schools have links with local as well as international companies. They annually work with such companies for internships, consultancy projects, and recruitment amongst others to enhance employability.
Practical Experiential Focus: The MBA in Germany has more practical focus aspects in learning. Through this practice, the student takes part in case studies as well as practical experience, real-world input projects, and internships, among others. This implies that graduates go out equipped with practical experience and can take up positions of leadership.
Global Perspective: The whole German MBA program is well known to attract students as well as professors from all over the world. In the international view, students will attain a comprehensive understanding of global business practices and variations in diverse cultural backgrounds with the proper leverage in a complex, multinational environment.
Specialization Options: Although most of the best MBA colleges in Germany have specialized MBA programs, such as MBAs in Technology Management, Innovation, Finance, Healthcare, and International Business, this type of program enables you to specialize or tailor your studies into specific career interests.
Innovation and Research: Germany is one of the most important countries in terms of innovative research, mainly in the applied fields of engineering, technology, and sustainability. Generally, most MBA programs in Germany combine these high-profile developments with their curriculums, giving students timely insights into rapidly changing industries.
Eligibility Criteria for Pursuing MBA in Germany
Successcribe, a leading study abroad consultancy possesses extensive expertise in German education and successfully placed students in the top 20 MBA colleges in Germany. Our wealth of data and hands-on experience ensures that we provide tailored guidance, empowering aspiring MBA candidates to achieve their academic and career goals in one of Europe’s most esteemed educational landscapes. The specific requirements for admission will depend on the institution, but the overall requirements in most German MBA programs include the following:
Academic Qualifications: It usually involves having, at a minimum, a bachelor’s degree from an accredited school. Some colleges do have a minimum GPA requirement.
Work Experience: Generally, the top MBA programs in Germany insist on a candidate’s proof of professional work experience. The length of the period varies between 2 to 5 years based on the school and type of MBA such as full-time or executive programs. This assures that the students contribute relevant, professional input to the course discussions.
APS – One of the mandatory certification process, verifies the authenticity of academic documents and evaluates students’ eligibility for higher education in Germany.
GMAT/GRE: It is optional for some Universities. Some universities require a GMAT/GRE for their MBA programs. Minimum or the safest score to get into the top 20 MBA colleges in Germany are :
GMAT
550 +
GRE
315+
Language Proficiency Tests:
IELTS or TOEFL are the favorable English proficiency tests given by all individuals planning to get admission into the Top 20 MBA colleges in Germany.
IELTS
Minimum 7.0
TOEFL (iBT)
100
Statement of Purpose
Explain why you want to pursue an MBA, what is your career aspiration and how the program fits into your goals.
Letters of Recommendation
2-3 letters of recommendation from employers or academic professors.
Interview
The interview acts as a channel for the instructors to figure out if the applicant has the potential to communicate, bring about leadership, and generally fits the program.
Career Opportunities for MBA Graduates in Germany
This is a review of the career opportunities for MBA graduates in Germany:
1. Strong Demand for the Talents
Job Market Growth: German Federal Employment Agency promises that the supply of skilled professionals will rise sharply in the future. These will include IT, engineering, healthcare industries, etc. This will open up many ways for MBA aspirants towards well-paid jobs.
Industrial Diversity: The students are likely to find plentiful jobs in finance, marketing, consulting, information technology, health care, and manufacturing areas.
2. Roles and Job Titles
As the demand for adept business leaders escalates, the relevance of the top 20 MBA colleges in Germany in shaping a generation of innovative thinkers and strategic decision-makers cannot be overstated. The positions that can be filled by an MBA graduate range across the widest variety of jobs within a wide variety of industries. There are a few very common ones, including:
Management Consultants: They can be used to work providing strategic advice which will improve efficiency and profitability within an organization.
Financial Analyst: In evaluating financial data so as to assist organizations with informed decisions on investments.
Marketing Manager: Developing and implementing marketing strategies that will help promote products and services.
Operations Manager: In overseeing production processes and supply chain management so as to improve the operational performance of businesses.
Project Manager: Manage projects and teams to ensure that projects get completed on time with budget.
Business Development Manager: Identifying opportunities, building relationships with potential clients, and partners.
Human Resources Manager: Recruitment, employee relations, and organizational development.
3. Salary Expectation
Job Title
Average Salary
Management Consultant
€70,000 – €1,30,000
Financial Analyst
€60,000 – €1,20,000
Marketing Manager
€65,000 – €1,00,000
Operation Manager
€70,000 – €1,00,000
Project Manager
€65,000 – €90,000
Business Development Manager
€60,000 – €85,000
4. International Exposure
Multicultural Environment: Study in Germany trains the MBA students upon the cultural background that helps them work in a global team while being sensitive to the market of other countries.
Language Skills: While most MBA courses are delivered in English, knowledge of German could add some benefits to the marketplace more when the job requires dealing with local customers and stakeholders.
Conclusion
MBA in Germany provides an experience that closely mirrors academic brilliance, practical experience, and foundation through which one can leverage on one of the world’s strongest economies. An excellent business school coupled with low costs of education and great specializations within the country makes it a pretty good destination for international MBA students. The top 20 MBA colleges in Germany not only equip students with essential business skills but also enhance global networking opportunities. The graduates also seem poised to assume leadership positions within any given industry or corporation while providing them with an enormous wealth of career opportunities, be these in Germany or elsewhere in the world.
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