The Master of Business Administration is a university degree created to equip students with a wide set of skills and knowledge which are applicable in business and management. Since managerial and business-making strategies are essential for every enterprise, MBA graduates enjoy a high employability and countless career options.
This type of degree was introduced for the first time in US universities to become soon a common degree in most universities in the world. However, there are few countries whose MBA universities stand out from the crowd. German universities are by no doubt included in that list.
An MBA degree in Germany will give you an in-depth insight on numerous things of critical importance in doing business and managing a business.
Moreover, MBA courses in Germany are highly research-oriented study programs so you’ll get exposed to different real-life experiences where your critical thinking and decision-making skills will improve and as a final result, you’ll become an employable graduate.
It is not hard to see why choosing German universities for getting an MBA degree is an excellent choice, but below we’ve covered some of them.
Why is Germany the perfect place to get your MBA degree?
There are several reasons why Germany is a paradise for prospective MBA students. Here are just some of these reasons:
Countless MBA degrees. The first advantageous trait about doing an MBA in Germany is that you have plenty of options. This variety will enable you to find something that will perfectly match with your academic interest and goals. You can check the degree program at the university’s website.
Affordable price. Traditionally MBA degrees are the most expensive ones and not many have the money to afford it. But this is not the case with German universities. Although such degree comes at a certain price it is much smaller than popular MBA degrees like those in MBA while it is equal by academic standards. Tuition fees at MBA german universities change largely as we’ll explain below, but on average you can expect to pay something between 4,000 and 10,000 for an academic year.
World class academic staff. The professors you’re taught from play a major role in your professional formation and German universities are aware of this fact. Thus, they’re home to world-class academics who are there to guide your way to becoming a successful manager and businessman.
Future prospects. Last but not least important. Being the fourth strongest economy in the world and the top one in Europe, according to the World Bank, Germany is a paradise for MBA graduates. All around the place there are internationally branded companies which are eager to hire young, motivated and well-educated individuals, ready to enter a challenging career in the business world. Once you get your degree you will have countless available options in front of you.
How much does it cost to get an MBA degree in Germany?
Traditionally, MBA degree courses are the most expensive to attend and many students can’t afford it. Germany is not a major exemption to this rule, however, the cost of getting an MBA degree in Germany is more affordable than in popular countries like the UK, while at the same time is of a similar quality.
Since universities in Germany are allowed to charge students, whatever fees they decide to, the cost of an MBA degree in Germany varies largely. Typically, private universities charge higher tuition fees as they mostly rely on private funds, in contrast to public universities which accumulate huge funding from the government.
The bill for your MBA will also depend on what type of MBA course you’re choosing to attend. That said, the MBA Executive courses carry higher fees than Full-time MBA courses.
On average, tuition fees for Full-time MBA courses range from around €30,000 to €50,000, while for Executive MBA courses may amount to around €90,000.
If we compare the total cost of getting an MBA degree in the UK with that of Germany, it turns that an MBA degree in Germany will cost you by 15% less than in the UK, on average.
Best MBA degrees in Germany
There are a lot of universities in Germany that offer degree courses in Business Administration.
Here are the universities with the best MBA programs in Germany:
- Manheim Business School
- HHL Leipzig
- WHU Otto Beisheim
- Munich Business School
- Frankfurt School of Management
- ESCP Europe
- GISMA Business School
- HFU BUSINESS SCHOOL
- EU Business School
Entry requirements for a German MBA degree change from university to university. However, there is surely a list of documents that are common for all universities in Germany.
The following documents are mostly required to apply for your MBA degree course in Germany
- A recognized undergraduate degree
- A certified transcript of your grades
- Strong GRE or GMAT scores
- Proof of Language Proficiency (English or German)
- Two to three years of professional experience (Optional)
- Motivation and Reference Letters (Optional)
As per your undergraduate degree, you must first check if it’s recognized in Germany. Usually, universities have a list of qualifications that are accepted at their institutions. If the degree you’ve attained in your home country is not recognized in Germany, the University of your choice will require you to sit in a two-semesters preparatory course before you commence your regular studies.
Note that there are universities which may also accept other relevant qualifications or work experiences instead of an undergraduate degree.
Also, note that work experience is highly valued if you want to apply for MBA Executive degree courses.
How to apply for MBA in Germany?
Applications can be done online. All you have to do is to scan and convert your documents into PDF or JPG format and upload them online. Most German universities collect application through o common online application platform known as UniAssist. Others which don’t support applications through UniAssist normally run a personal online application platform.
Once you submit your application the university of your choice will send you an email to confirm they have received your documents and your application has entered the selection process.
Note that German universities deal with a large number of applications, therefore the processing of your documents takes time. In normal conditions, if you have applied properly with all documents included as required, the university will respond to you within a few weeks following your submission.
An important note: delayed applications are not taken into account, so always check carefully application deadlines.
How long does it take to get an MBA degree in Germany?
The duration of your MBA course in Germany changes from university to university. Typically, Full-time MBA and Executive MBA degrees in Germany last between 12 months and 24 months. Some courses make an exemption lasting 15 months, 18 months or 20 months.
Note that some universities in Germany offer flexible MBA courses in terms of their duration allowing you to choose between more than one type of courses.