Germany consistently draws a large number of international students from all around the world. Apart from world-class facilities, renowned universities, and strong industrial base, one of the most important factors of studying MBA in Germany is the low or no tuition rates. The low-cost MBA in Germany is the best choice if you are looking for an affordable MBA with top-notch facilities.
All students at German universities are required to pay fees such as Semester Fees, Student Union Fees, Semester Pass, Registration & Application Fee, and even Social Contribution. These fees for MBA programs are minimal or comparatively less than other countries.
In this blog, we have discussed the list of universities that provide the cheapest MBA in Germany for international students along with their costs and programs.
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Why Study MBA in Germany?
Pursuing an MBA in Germany could be an excellent decision for your career. The MBA colleges in Germany with low fees offer a lifetime experience of learning and growing into best business professionals. Mentioned are some other good reasons why Germany is a wonderful place to pursue an MBA abroad:
1. Endless Possibilities
If you're looking for an MBA in Germany, you'll be relieved to know that there are plenty of affordable MBA colleges in Germany to choose from. The variety of specialities available in this nation that will assist you in finding something that is a great match for your academic credentials, hobbies, and professional objectives.
2. Tuition Fees
Many potential students believe that pursuing an MBA abroad is an expensive affair, and that only a few individuals will be able to afford it. This is not the case if you intend to get an MBA in Germany. Being one of the world's major education systems, you will find many affordable business schools in Germany that offer a diverse range of MBA programs.
3. High-Quality Education
Germany is home to some of the world's greatest academics, whose pedagogical abilities and knowledge are crucial in moulding future business professionals and leaders. Furthermore, by pursuing an MBA in Germany, you will be able to take advantage of the country's adaptable educational system and multicultural social milieu.
4. Scholarships
There are a wide range of scholarships for MBA in Germany. Most of them are based on merit and offer financial aid in various ways to both domestic and international students.
All of these characteristics combine to make Germany an excellent choice for an MBA program abroad.
Suggested: Executive MBA in Germany
Cost of Studying MBA in Germany
If you plan to study MBA in Germany, the expenses will vary depending on the institute you attend. The average cost of an MBA in Germany for Indian students is between 1,000 EUR to 9,500 EUR per year. The expenses of public and private universities vary greatly. However, cost of studying in Germany is reasonably priced for Indian students seeking an MBA.
Suggested: Cost of Living in Germany
Since you are now aware of the cost of an MBA in Germany, let us now look at the best universities providing low cost MBA in Germany. Mentioned below is a list of top mba colleges in Germany with low fees:
5 Most Affordable Universities in Germany for MBA
Here is a list of the top mba colleges in Germany with low fees:
- Technical University of Munich
- Ludwig Maximillian University Munich
- University of Kiel
- University of Tubingen
- University of Ulm
Let’s dive deeper into these cheapest business schools in Germany one by one:
1. Technical University of Munich
The first college on the list of cheapest mba colleges in Germany is the Technical University of Munich. TUM School of Management will give you a comprehensive understanding of modern management approaches, allowing you to become responsible managers and leaders at the intersection of management and technology.
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QS World University Ranking 2022 |
50 |
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Popular MBA Programs |
Executive MBA MBA in Business and & IT MBA in Innovation and business creation |
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Average Fees Per Year |
1,764 EUR |
2. Ludwig Maximillian University Munich
The second on the list of cheapest MBA colleges in Germany is the Ludwig Maximillian University Munich. It has consistently ranked among Europe's best management schools since its inception. Since then, the university has been pursuing its objective of contributing to the advancement of business related subjects via excellent research and training.
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QS World University Ranking 2022 |
64 |
|
Popular MBA Programs |
Masters of Business Administration |
|
Average Fees Per Year |
9,550 EUR |
3. University of Kiel
University of Kiel is one of the top colleges that provide the cheapest MBA in Germany for international students. It is linked to the Kiel Institute for World Economics. It includes some of the most well-known and internationally respected centres. The university is regarded as one of the best in Germany for MBA.
|
QS World University Ranking 2022 |
216 |
|
Popular MBA Programs |
Master of Business Administration |
|
Average Fees Per Year |
1,200 EUR |
4. University of Tuebingen
University of Tubingen also provides the cheapest MBA in Germany. It is ranked amongst the top universities in a variety of categories and now offers more than 80 Master's degree programs. The University of Tübingen was highly rated by the German government's Excellence Initiative, putting it among Germany's eleven excellent institutions.
|
QS World University Ranking 2022 |
177 |
|
Popular MBA Programs |
Master of Business Administration |
|
Average Fees Per Year |
1,500 Euro |
5. University of ULM
University of Ulm provides an affordable MBA in Germany. The University of Louisiana at Monroe's MBA program is a two-year program accredited by AACSB-International. The MBA program calendar is flexible, with afternoon and evening sessions available, allowing students to select classes that match best with their work schedules. Additionally, numerous optional subjects are available online.
|
QS World University Ranking 2022 |
365 |
|
Popular MBA Programs |
Master of Business Administration |
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Average Fees Per Year |
2,040 EUR |
Suggested: Jobs and Salaries after MBA in Germany
This was the list of top colleges providing affordable MBA in Germany. Apart from the list of universities mentioned above, there are a lot of other MBA colleges in Germany with low fees. If you’re looking for MBA colleges in Germany with low fees, remember to do your research thoroughly before applying. For more guidance do get in touch with our counselors at Yocket.
