Highly chosen study abroad destinations in Europe, Germany is regarded as one of the best locations to live as a strong economic force. The diverse culture of this country attracts students and working professionals to shape their careers, from all across the globe. SMEs (small and medium enterprises), particularly contribute up to 51% of the German economy, and thereby offer ample employment opportunities to graduates as well as employees. If you are someone wondering what jobs after MBA in Germany look like, you are at the right place! This blog will tell you all about opportunities in Germany after MBA and a lot more!
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Overview Of MBA in Germany
Germany is regarded as a place of possibilities and ideas. It is an important centre for technology, research, and innovation. Moreover, it is one of the most popular destinations for pursuing an MBA abroad. The education system is taken very seriously, making it a desirable destination for knowledge seekers. Let us highlight some key points about MBA in Germany below:
|
Duration |
1-2 years |
|
Mode |
Offline and Online |
|
Tuition Fee for International Students |
Free of Cost |
|
Popular Specialisations Offered |
Marketing Finance Entrepreneurship and Innovation Business Analytics Supply Chain Management |
|
Top MBA Universities |
Technical University of Munich Frankfurt School of Science and Management Cologne Business School Mannheim Business School |
According to the Association of German Chambers of Commerce and Industry, there is a demand for nearly 1.5 million skilled workers from overseas, which increases the chances of finding work in Germany following an MBA.
Suggested: Top Private and Public MBA Colleges in Germany
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According to QS Rankings, Germany is also one of the top ten countries globally offering the best salary after MBA in Germany. |
Job Opportunities in Germany After MBA
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 MBA in Germany for various job profiles:
|
Job Profile |
Average Annual Salary (in EUR) |
|
Business Development Manager |
191,000 |
|
Operations Manager |
143,000 |
|
Marketing Manager |
130,000 |
|
Strategist |
218,000 |
|
General Manager |
183,000 |
|
Project Manager |
147,000 |
Suggested: Is an MBA in Germany worth it?
Top Recruiters in Germany For MBA Graduates
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. MBA fresher jobs in Germany salary 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
Related Discussion: MBA vs MS in Germany, What is Better?
How to Hunt for 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
Top Paying Jobs in Germany after MBA
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 Annual Salary (in EUR) |
|
Executive MBA |
Chief Executive Officer Chief Financial Officer Associate Director |
89,000 |
|
MBA in Management |
Assistant Manager Project Manager BD Manager |
67,000 |
|
MBA in Marketing |
Marketing Officer Marketing Strategist Digital Marketing Manager |
65,000 |
|
MBA in Finance |
Chief Financial Officer Deputy CFO Budget Analyst |
63,700 |
Therefore, MBA jobs 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
ROI of Top German B-Schools
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 salary in Germany with respect to top German B-Schools:
|
University |
Average Salary per Year (in EUR) |
|
Cologne Business School |
69,302 |
|
Mannheim Business School |
104,000 |
|
64,000 |
|
|
130,000 |
|
|
Frankfurt School of Finance and Management |
65,000 |
Suggested: Top MBA Colleges in Europe
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!
