Top 5 Universities in Germany for MBA

Top 5 Universities in Germany for MBA

Germany is described as a land of opportunities and is a major powerhouse for technology, research, innovation and becoming famous as one of the most popular place for international students. Germany, an appealing location for knowledge seekers, places a high value on its educational system. Due to its cutting-edge infrastructure, world-class facilities, and affordable tuition fees, It is one of the most sought-after locations in the world for MBA study. All students interested in pursuing a Masters in Business Administration MBA in Germany should be aware that most publicly financed colleges in Germany do not charge tuition Fees. However, students must pay an Administration Fee at the start of each school year.

According to the World Bank, Germany has the largest and most stable economy in Europe and ranks fourth in the world. The country takes pride in being a shelter for higher education, particularly in the discipline of Business Administration. Germany has a rich history spanning back to the Second World War and has produced brilliant brains such as scientist Albert Einstein and philosopher Karl Marx. And, since the country continues to strive for progress via its importance in research and development, there is no doubt that Germany is the place to do your Masters, particularly if research is your passion.

MBA programmes in Germany can span anywhere from 12 to 24 months. Some business schools grant a 15-, 18-, or 20-month exemption. For example, the ESCP – Berlin Campus offers 18-month Executive and 10-month International Management MBA programmes. Similarly, Cologne Business School provides one-year and two-year MBA programmes in international management.

Germany, the world’s fourth-largest economy and a powerhouse in the automotive and electrical industries, is quickly gaining popularity as a desirable study place for MBA applicants.

Aside from the stunning scenery and accessibility to other European nations, an MBA in Germany may provide you with excellent employment options. Furthermore, Germany has a better work-life balance than the United States or the United Kingdom. Only 4% of German employees work long hours, compared to 12% in the UK and 11% in the US.

Here in the article, we have discussed about best public universities in Germany for MBA. This article also discusses why you should study an MBA in Germany, the prerequisites for student and work visas, the top business schools/universities in Germany, reasons to study MBA here, opportunities for employment, salary offered after studies etc.

Top MBA Universities in Germany

The top public MBA colleges in Germany include Executive, Online, and International MBA programmes. According to the most current QS Global ranking 2022, six German business schools are among the 73 full-time MBA programmes in Europe. The following are the top MBA colleges in Germany for Indian students:

  • Mannheim University of Applied Sciences
  • Frankfurt School of Finance and Management 
  • WHU (Otto Beisheim)
  • ESMT Berlin
  • Leipzig Graduate School of Management (HHL) 
  • EU Business schools

Mannheim University of Applied Sciences

Mannheim Business School provides full-time and part-time MBA programmes lasting 12 to 24 months. Full-time MBA students can finish the programme in 12 months, or they can extend their MBA experience by three months and obtain an extra Management Analytics certification or perform an internship.

A full-time MBA costs €39,900, with an average income of about €95464. Technology employed 41% of the MBA class of 2020, followed by manufacturing (16%) and financial services (11%). This business school recommends a GMAT score of 600 or an equivalent GRE score and is among most reputed MBA colleges in Germany.

Frankfurt School of Finance and Management is a German business school in Frankfurt, Germany.

The Frankfurt School of Finance and Management provides a 12-month full-time MBA programme. It also provides an 18-month Full-time Executive MBA programme. Furthermore, students have the option of enrolling in a part-time programme.

A full-time MBA costs €39,000 on average, while the average income for the MBA class of 2020 is €67,000. The majority of students (19%) were placed in finance, followed by technology (19%) and healthcare (11%).

Otto Beisheim School of Management at WHU

The WHU institution in Germany provides a 12-month full-time MBA programme. The curriculum provides chances for experiential learning, leadership development, and personal growth.

A full-time MBA costs €40,500, and the average MBA income is €77,897. The bulk of students (39%), followed by consumer/FMCG (13%), and financial services (13%), were put in tech/start-up. The entering cohort has an average GMAT score of 600+.

ESMT Berlin

The ESMT Berlin is one of the top public university in berlin for MBA. MBA here is a full-time, 14-month programme that begins in January. It is headquartered in Berlin and focuses on technology, innovation, long-term business growth, and big data. A part-time MBA programme with a 24-month length is also offered.

The MBA programme focuses on general management and personal development, with the belief that new learning in the classroom accounts for 50% of the MBA experience and integrated personal growth accounts for the remaining 50%.

The average MBA class of 2020 income is €71,900, while the cost of a one-year MBA is €43,500. The bulk of students (22%), followed by consultancy (12%) and food (8%), were put in technology and e-commerce. The most recent MBA class had an average GMAT score of 640.

Leipzig Graduate School of Management (HHL)

Leipzig Graduate School of Management (HHL), is one of the renowned MBA university in Germany. The full-time MBA programme at HHL Leipzig is divided into two types:

Fast track: 12 months, including three months of master thesis work.

Up to 21 months on the advanced route, including an optional time abroad or a professional internship.

The MBA programme has a tuition price of €39,500.

The average wage for the MBA class of 2020 is €64,322, with e-commerce & internet (21%), financial services (12%), and manufacturing (10%) accounting for the bulk of students. The entering class’s average GMAT score is 620.

European Business School

The full-time MBA programme at EU Business School lasts a year. In addition, they provide a 24-month part-time MBA programme. The MBA programmes at the European Union are especially developed for working professionals and individuals who have previously held managerial positions. The tuition for the full-time MBA programme is €20,850 (three terms) costing €6,950 for each term.

The details of the university in a glance are provided-

Top Universities for MBA in Germany

Fees(Approx.)

Duration

Salary

Global QS Ranking Europe 2022

University of Mannheim – Mannheim Business School

€39,900

12 + 3 months

€95464

16

Frankfurt School of Finance and Management

€39,000

12 months

€67,000

18

WHU University – Otto Beisheim School of Management

€40,500

12 months

€77,897

24

ESMT Berlin

€43,500

14 months

€71,900

30

HHL Leipzig Graduate School of Management

€39,500

12 – 21 months

€64,322

42

EU Business schools

€20,850

12 months

€60,000

43

Top 5 Universities in Germany for MBA
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