Germany is considered to be one of the top destinations for an MBA. MBA salary in Germany is high. Companies like BMW and Siemens offer senior-level management positions to MBA graduates. If you are wondering about the average salary and jobs after an MBA in Germany in 2024-2025, read this blog!
Highlights of the Blog:
- The average salary of MBA in Germany is around EUR 175,000 (INR 1,58,30,080), depending on the specialization.
- The highest-paying industries after an MBA in Germany are Marketing and Finance.
- After an MBA in Germany, you can expect an ROI of 380% in a few years.
|
Table of Contents |
|---|
Jobs & Salary After MBA in Germany
Jobs after MBA in Germany are available in abundance and are highly dependent on the discipline or course of study you choose. MBA salary in Germany ranges from 150,000 EUR to 200,000 EUR annually; based on the job profile and area of MBA.
Given below is the average salary after an MBA in Germany for various job profiles:
|
Job Profile |
Average MBA Salary in Germany (in EUR) |
Average MBA Salary in Germany (in INR) |
|---|---|---|
|
Business Development Manager |
191,000 |
1,72,77,400 |
|
Operations Manager |
143,000 |
1,29,35,430 |
|
Marketing Manager |
130,000 |
1,17,59,490 |
|
Strategist |
218,000 |
1,97,19,760 |
|
General Manager |
183,000 |
1,65,53,740 |
|
Project Manager |
147,000 |
1,32,97,270 |
Average Salary of MBA Graduates from Top Universities in Germany
One of the reasons for the growing popularity of German B-Schools is the significant return on investment provided by them. The high average income and low tuition expenses for MBA graduates are the most important factors in encouraging overseas candidates to pursue an MBA in Germany. Given below are the MBA jobs & salaries offered at the top colleges in Germany:
|
University |
Average MBA Salary in Germany (in EUR) |
Average MBA Salary in Germany (in INR) |
|---|---|---|
|
Cologne Business School |
69,302 |
62,68,890 |
|
Mannheim Business School |
104,000 |
94,07,590 |
|
64,000 |
57,89,280 |
|
|
130,000 |
1,17,59,490 |
|
|
Frankfurt School of Finance and Management |
65,000 |
58,79,740 |
Popular MBA Specialisations & Salaries in Germany
MBA salary in Germany varies with the specialisation you pursue. Meaning salary of MBA in Germany will differ with various MBA specialisations like marketing, financial management, supply chain management, etc.
We have tabulated the salary after MBA in Germany with respect to various MBA specialisations, below:
|
MBA Specialisation |
Job Profiles |
Average MBA Salary in Germany (in EUR) |
Average MBA Salary in Germany (in INR) |
|---|---|---|---|
|
Executive MBA |
Chief Executive Officer Chief Financial Officer Associate Director |
89,000 |
80,50,720 |
|
MBA in Management |
Assistant Manager Project Manager BD Manager |
67,000 |
60,60,660 |
|
MBA in Marketing |
Marketing Officer Marketing Strategist Digital Marketing Manager |
65,000 |
58,79,740 |
|
MBA in Finance |
Chief Financial Officer Deputy CFO Budget Analyst |
63,700 |
57,62,150 |
Therefore, MBA salary in Germany varies in accordance with the type of specialisation you choose, and lies between 60,000 EUR to 80,000 EUR for freshers.
Related: Part Time Jobs in Germany for International Students
MBA salary in Germany: Location-wise Overview
In Germany, location plays a crucial role in determining MBA salaries. Salary levels are greater in larger cities like Berlin, Frankfurt, and Munich than in smaller towns or rural regions. This is because these locations have a high cost of living and are home to several large enterprises. Belo mentioned some of the places along with the salaries offered:
|
City |
Average Salary (in EUR) |
Average Salary (in INR) |
|---|---|---|
|
Berlin |
75,000 |
67,84,320 |
|
Cologne |
70,000 |
63,32,030 |
|
Hamburg |
75,000 |
67,84,320 |
|
Munich |
85,000 |
76,88,890 |
|
Frankfurt |
70,000 |
63,32,030 |
Recruiters Offering High MBA Salary in Germany
There is quite a good scope in terms of career opportunities and jobs after an MBA in Germany. Moreover, top companies even hire freshly graduated aspirants. The average MBA Salary in Germany ranges from 60,000 EUR to 80,000 EUR per year. Some of the top recruiters for jobs after MBA in Germany are:
- Siemens
- Volkswagen
- Bayer
- Bosch
- Merck
- BMW
- Mercedes
How to Find a Job After MBA in Germany?
International students looking for jobs after MBA in Germany can use different methods, and must keep in mind that there are no college placement agencies. The most common job search methods include networking and advertisements. Many students can find work while still in school, and 85 percent of MBA graduates in Germany find work within three months of graduation.
Given below are different job portals where you can find job opportunities after MBA in Germany:
- Indeed.de is the most popular job-search and job application site in Germany.
- Stepstone.de is ranked second, with around 31% of job searchers using it.
- Monster.de is visited by 29% of people, while roughly 11% of job searchers perceive LinkedIn to be a better employment supplier for job opportunities in Germany after MBA.
Suggested: Living Cost in Germany for International Students
From the Desk of Yocket
Home to global centres like Frankfurt, Berlin, and Munich; you will get a hold of ample jobs after MBA in Germany. Pursuing an MBA in Germany is definitely a wise investment, as the Germany MBA salary ranges from 80,000 EUR to 100,000 EUR per annum on an average. In addition to a high average MBA pay, Germany is noted for its excellent standard of living and inclusiveness. You can even contact our Yocket Counsellors to know more about MBA jobs salary in Germany!
