Study Destination

MBA in Germany for Indian Students (2024): Eligibility, Cost & Fees

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Yocket Editorial Team
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Germany is one of the most sought-after study destinations for an MBA as several public universities in Germany offer free MBA programs. An MBA in Germany is comparatively cheaper than in other countries such as the UK, the USA, Canada, and Australia. This blog covers everything you need to know about pursuing an MBA in Germany for Indian students, including admission processes, tuition and living costs, and acceptance rates.

Key Highlights:

  • Admission requirements and process: Average GMAT score of 600, IELTS/TOEFL score, and average work experience required of 2 years.
  • Tuition and living expenses: The average cost of an MBA in Germany is about EUR 30,000 (INR 26,88,420) and living expenses of EUR 900 (INR 80,650) incurred while studying.
  • Top MBA colleges and specialisations in Germany: Berlin School of Business and Innovation (BSBI), GISMA Business School, and Mannheim Business School.
  • Average salaries and job prospects for MBA graduates: The average salary after studying MBA from Germany is  EUR 55,000 or INR 49,23,530

An international MBA opens you to global opportunities; With Yocket’s expert, you can find assistance through the entire process of preparing your study-abroad journey - one step at a time. Connect with us and get a FREE profile consultation right away.

Table of Contents

Why Study an MBA in Germany?

Study an MBA in Germany offers several compelling advantages. Here are 4 key reasons why Germany is an attractive destination for MBA students:

  • Unique course structure: Compared to MBA programs in other parts of the world, an MBA in Germany for Indian students offers innumerable opportunities for practical experience and personal electives within the course structure.
  • Research experience: MBA courses in Germany are highly research-oriented study programs, so you’ll get exposed to different real-life experiences to hone your critical thinking and decision-making skills.
  • Flexibility: Most universities in Germany for MBA have options between a full-time or part-time course. Thus, based on this choice, students can quickly pursue a German MBA and cater to the German MBA fee structure.
  • Future Employability: The German economy is one of the largest in Europe. Students graduating from MBA schools here have options to explore employment opportunities in some of the best multinational companies. MBA is among the top 3 highest-paying degrees in Germany.

Best MBA Colleges in Germany for Indian Students

There are two modes that students can opt for, for pursuing an MBA degree from Germany. The MBA full-time study program is one option for students. Depending on the curriculum, state, and university, it could take 1 year to finish. Students may also enroll in an MBA half-time study program, allowing them to work part-time while studying. Due to the short study period, the course could be 2 years.

Here are some of the best colleges for an MBA in Germany:

Name of University

QS Ranking 2025

Duration

Fees (in EUR) 

Fees (in INR) 

Berlin School of Business and Innovation (BSBI)

N/A

36 months

9,000

8,04,550

GISMA Business School

N/A

24 months

18,000

16,09,110

Mannheim Business School

487

12 months

39,900 - 45,500

35,66,860 - 40,67,470

European School of Management and Technology (ESMT)

N/A

15 months

26,000 - 60,000

23,24,270 - 53,63,700

HHL Leipzig Graduate School of Management

N/A

15 - 21 months

27,000 - 34,500

24,13,660 - 30,84,120

Frankfurt School of Finance and Management

N/A

12 months

42,853

38,30,840

WHU Otto Beisheim

N/A

12 months

43,873

39,22,020

EU Business School

N/A

36 months

22,344

19,97,440

Have you started your college search – yes, no, stuck in the middle? Don’t worry! It is easy to get overwhelmed with multiple options and things to consider. Check out Yocket College Finder, a free online tool to find universities based on your needs and preferences.

Suggested: Is an MBA in Germany worth it?

Top MBA Courses in Germany

Read the table below to get an overview of the most popular MBA specialisations alongside their average salaries in Germany

MBA Specialisation

Average Annual Base Pay

MBA in Finance

EUR 89,000 / INR 79,56,150

MBA in Marketing

EUR 65,000 / INR 58,10,670

MBA in Business Analytics

EUR 60,000 / INR 53,63,700

MBA in Logistics & Operations

EUR 70,000 / INR 62,57,650

Product/Project Management

EUR 60,000 / INR 53,63,700

Human Resource Management

EUR 50,000 / INR 44,69,750

Eligibility Criteria for an MBA in Germany

Most German universities are state-funded, but not strictly regulated by them. As a result, each university may have its own set of eligibility requirements for admission. Listed below are some common requirements for MBA programs in Germany.

  • Bachelor's Degree: Applicants must have a recognized undergraduate degree (equivalent to a Bachelor's degree) from an accredited institution. 
  • Work Experience: Most MBA programs in Germany require applicants to have relevant work experience, usually ranging from 2 to 5 years.
  • GMAT/GRE Scores: Many German MBA programs require a valid GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) score. A score of around and above 600 is required for the GMAT.
  • English Language Proficiency: For programs taught in English, non-native English speakers must demonstrate proficiency through standardized tests such as TOEFL or IELTS. Minimum scores vary, but typically: TOEFL: 80-100 (iBT), IELTS: 6.5-7.0
  • Letters of Recommendation: Applicants are usually required to submit two or three letters of recommendation from professional or academic referees who can attest to their qualifications, work experience, and potential for success in the MBA program.
  • Statement of Purpose (SOP) or Personal Statement: A well-crafted essay or personal statement explaining the applicant’s motivation for pursuing an MBA, career goals, and how the program aligns with their aspirations.
  • Resume: An updated resume or CV detailing educational background, work experience, skills, and other relevant activities.

Documents required for an MBA in Germany

To pursue an MBA in Germany, you need the following documents:

  • Completed Application form for the desired University
  • Transcript of Studies to Date
  • Letter of Motivation
  • Updated Résumé
  • GMAT/GRE scores
  • IELTS / TOEFL / PTE scores
  • Entrance exam scores, if required
  • Evidence of at least Four to Five Years of Work Experience ( number of years varies according to the university)
  • Passport
  • Student Health Insurance Certificate
  • Most Current Photo (as for ID)
  • German Student Visa

Suggested: How to Get a German Student Visa?

Admission Requirements of Top MBA Colleges in Germany

The admission requirements for top MBA colleges in Germany typically include a combination of academic qualifications, professional experience, language proficiency, and other criteria. Below are the detailed MBA in Germany requirements for some of the leading MBA programs in Germany:

University

GMAT Score

Language Proficiency Score

Work Experience

Frankfurt School of Finance and Management

640

IELTS: 7

TOEFL: 90

7 years

ESMT Berlin

650

IELTS: 7

TOEFL: 95

PTE: 64

3 years

Saarland University

400

TOEFL: 61

PTE: 59

1 year 

Reutlingen University (ESB Business School)

550

IELTS: 6.5

PTE: 62

2 years

Munich Business School

600

IELTS: 6.5

TOEFL: 85

PTE: 59

2 years

Hochschule Pforzheim

550

TOEFL: 87

2 years

GISMA Business School

650

IELTS: 6.5

PTE: 61

3 years

Technical University of Munich

640

IELTS: 6.5

TOEFL: 88

PTE: 65

3 years

WHU-Otto Beisheim School of Management

600

IELTS: 7

TOEFL: 100

2 years

RWTH Aachen University

600

IELTS: 5.5

TOEFL: 90

PTE: 61

2 years

What is the Cost of an MBA in Germany?

Cost is an essential factor to consider before pursuing business studies in Germany. Therefore,  take a quick look at the total cost of an MBA program alongside the living expenses for international students in Germany.

MBA in Germany Fees: Public Universities

Although German public universities offer free education to all students irrespective of their nationalities, certain administrative charges are to be paid every semester. However, for specialized MBA programs like Executive MBA, there can be a tuition fee even at public universities. Check thoroughly before applying!

University

Annual Tuition Fees (in EUR)

Annual Tuition Fees (in INR)

University of Mannheim

42,500

38,05,870

University of Cologne

8,250 - 11,610 (administrative)

7,38,780 - 10,39,670

Technical University of Munich

19,915

17,83,380

RWTH Aachen University

600 (administrative)

53,730

MBA in Germany Fees: Private Universities

Tuition fees for MBA programs at private universities in Germany can vary significantly. Here are the approximate tuition fees for some of the top private universities offering MBA programs in Germany:

University

Tuition Fee per year (EUR)

Tuition Fee per year (INR) 

Berlin School of Business and Innovation 

9,000

8,05,660

GISMA Business School 

18,000

16,11,330

Munich Business School 

32,000

28,64,590

ESMT

26,000 - 60,000

23,27,480 - 53,71,120

HHL Leipzig 

34,500

30,88,390

Other Costs

Tuition charges aren't the only expenses to worry about when pursuing your MBA courses in Germany. You must also manage the total living expenses. As a new experience, careful planning and organization can help you in the long run. Although the living expenses might vary city-wise and your lifestyle choices, here is a monthly breakdown of your approximate living expenses:

Particular

Cost per month (EUR)

Cost per month (INR)

Semester social charges

70

6,260

Health Insurance

70

6,260

Rent

300

26,850

Groceries

200

17,900

Study material

30

2,680

Recreation

70

6,260

Transport

80

7,160

Wi-Fi and telephone charges

33

2,950

Suggested: Germany Living Cost for International Student

How to Apply for an MBA in Germany?

Now that you are aware of the admission requirements of the business schools in Germany, here is a quick look at the step-by-step application process:

  • Step 1: Check the requirements for MBA courses in Germany at all the universities you wish to apply to.
  • Step 2: Take the required aptitude tests like IELTS/TOEFL or the university’s admission tests, Apply online at each university’s website.
  • Step 3: International applicants need to have their documents need to be reviewed through uni-assist.
  • Step 4: A final approval letter will be emailed to the applicant when the admission committee has verified the documents.
  • Step 5: Students may be asked to appear for an interview before the final confirmation.

Suggested: Cheapest MBA Colleges in Germany

Scholarships for Studying MBA in Germany

Scholarships are an unburdening factor of the burden of tuition fees and living expenses. Below are the most popular MBA scholarships in Germany.

Scholarship Name

Scholarship Details

Awarded Amount (EUR)

Awarded Amount (INR)

Deutschland Stipendium

This fund provides monetary and non-material provisions to deserving students from across the globe. The German government, private organizations, or public-private partnership firms offer it. Funding is generally granted for at least two semesters. Later, it can be extended until the completion of studies.

150

13,420

Heinrich Böll Scholarships

This scholarship validates German and international students.

750

67,130

Marie Skolodowska-Curie Actions

MSCA offers four types of scholarships for researchers from different academic disciplines or students from all nationalities to promote research and innovation and to advance partnerships among the leading institutions worldwide.

3600

3,22,260

Suggested: MBA Scholarships in Germany

How to Study MBA in Germany Without a GMAT?

Studying for an MBA in Germany without a GMAT is possible, as several German business schools either do not require the GMAT or offer alternative pathways to admission. Here is the list of the best universities in Germany that offer specific MBA courses without the requirement of GMAT:

How to Study MBA in Germany Without Work Experience?

Studying for an MBA in Germany without work experience is possible, as some business schools offer programs tailored for recent graduates or those with minimal professional experience. Here is the list of the best universities in Germany that offer specific MBA courses without the requirement of prior work experience:

  • Technical University of Munich
  • Ludwig Maximilian University Munich 
  • University of Kiel
  • University of Tubingen
  • University of Ulm 

Job Scope & Average Salary of MBA Graduates in Germany? 

International students pursue education in Germany for numerous reasons, with its robust economy and job prospects being two of the top reasons. German universities have reported that MBA graduates find employment within three months, with an average income of at least EUR 55,000 or INR 49,23,530. No wonder, Germany has been listed as one of the top ten countries to pursue an MBA from in QS MBA Rankings.

Suggested: MBA Salaries in Germany 

From the Desk of Yocket

Germany's MBA program is gaining prominence. This is due to its affordable tuition, renowned faculty, rigorous curriculum, and more. Due to its stable economy and welcoming environment, Germany is a goldmine for international students pursuing their MBA degrees and seeking employment there.

However, choosing a suitable university among the several competing private and public universities takes extensive research. Hence, if you require assistance in your hunt for a better future, connect to our Yocket experts. They will provide end-to-end assistance right from finding an MBA course and university based on your goals and requirements to applying to the universities and for visas. So, what are you waiting for? Schedule A FREE Video Consultation Call Today!

Frequently Asked Questions About MBA in Germany

Which business schools offer 1 year MBA in Germany?

What are the benefits of getting an MBA in Germany?

What are the job prospects for MBA graduates in Germany?

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