Study MBA in Germany: Top Colleges, Fees & Eligibility

Top MBA Colleges in Germany for Indian Students

The list of the best MBA colleges in Germany is endless. To help you skim down to the best options, we have curated a list of top business schools in Germany:

University Name	Location	Course Offered	Tuition Fees
Berlin School of Business and Innovation (BSBI)	Berlin	MBA Global MBA	9,000 EUR (INR 7,96,733.55) a year
GISMA Business School	Berlin-Potsdam	Global MBA Grenoble MBA	18,000 EUR (INR 15,93,270) a year
Mannheim Business School	Mannheim	Global Full-time MBA Full-time Executive MBA	39,900 - 45,500 EUR (INR 35,31,748.50 - INR 40,27,930.75) a year
European School of Management and Technology (ESMT)	Berlin	Global Full-time MBA Full-time Executive MBA Part0time MBA Online MBA	26,000 - 60,000 EUR (INR 23,01,597.12 -  INR 53,11,680) a year
HHL Leipzig Graduate School of Management	Leipzig	Global Full-time MBA Full-time Executive MBA Part-time MBA	27,000- 34,500 EUR (INR  ) a year

Now let's learn about each of them in detail,

1. Berlin School of Business and Innovation (BSBI)

It is the best business school in Germany. It primarily offers two kinds of MBA programs. These programs focus on developing business skills and preparing the candidate for international work. By pursuing a Global MBA, students can seek out business opportunities across the globe while also managing the complexities of the same. Another popular reason BSBI is a popular choice amongst international students is due to the affordable German MBA fees it offers compared to other universities.

University Type	Private
Location	Berlin
Tuition Fees	9,000 EUR (INR 7,96,733.55) a year
Popular Programs	MBA Global MBA

2. GISMA Business School

GISMA Business School offers two MBA programs.  The programs focus on building skills in management, strategic organisation, operations, and business control. GISMA is among the best MBA universities in Germany, providing flexibility in its MBA program. One can do a full-time 1-year MBA in Germany on campus, a 2-year part-time course at Potsdam, or an Online MBA.

University Type	Private
Location	Berlin-Potsdam
Tuition Fees	18,000 EUR (INR 15,93,270) a year
Popular Programs	Global MBA Grenoble MBA

Confused about which college in Germany would be your best choice for an MBA? Here, use Yocket's College Finder to research institutions and compare them based on several metrics - tuition fees, course duration, average salary packages, and many more.

3. Mannheim Business School

The Mannheim Business School under the University of Mannheim offers Full-Time MBAs under two different programs. If you are looking for a public university in Germany for an MBA, this is one of the best choices.  The course is internationally reputed, and students get a chance to gain exposure to learning the best management skills.

University Type	Public
Location	Mannheim
Tuition Fees	39,900 - 45,500 EUR (INR 35,31,748.50 - INR 40,27,930.75) a year
Popular Programs	Global Full-time MBA Full-time Executive MBA

Suggested: MBA Scholarships in Germany

4. European School of Management and Technology (ESMT)

The MBA course at the European School of Management and Technology is structured to combine general management with technology, innovation, and global electives. The focus on business innovation, leadership, and general management makes it a good choice for international students. Specializations in Strategic leadership, Managerial analytics, or Innovation and entrepreneurship are also offered.

University Type	Private
Location	Berlin
QS Global MBA Ranking 2024	85
Tuition Fees	26,000 - 60,000 EUR (INR 23,01,597.12 -  INR 53,11,680) a year
Popular Programs	Global Full-time MBA Full-time Executive MBA Part0time MBA Online MBA

5. HHL Leipzig Graduate School of Management

HHL Leipzig Graduate School of Management is among Germany's top business schools and has global rankings. HHL has over 140 partner institutes, there is an option for a double degree, and you can even do a term in another country.  Statistics have shown a 93% salary increase upon graduation out of here. Hence, it offers one of the best top MBAs in Germany for international students.

University Type	Private
Location	Leipzig, Germany
Tuition Fees	27,000- 34,500 EUR (INR  ) a year
Popular Programs	Global Full-time MBA Full-time Executive MBA Part-time MBA

Read: Is MBA in Germany worth it?

Eligibility Requirements to Study MBA in Germany

The eligibility and admission requirements for an MBA in Germany may vary from one university to another. However, there is a specific standard eligibility for an MBA in Germany for Indian students that most MBA colleges require.

Most Business Schools in Germany have the following admission requirements for an MBA:

• A bachelor’s degree/ master’s degree in relevant subjects. Few universities accept a 3-year bachelor’s degree to study MBA in Germany.
• Your GMAT/GRE scores.
• IELTS / TOEFL / PTE scores as proof of English language proficiency. The colleges also prefer basic proficiency in the German Language.
• An aggregate score of 60% in UG/ PG.
• Some universities additionally mandate an entrance exam to pursue an MBA program in Germany.
• Work experience of 2-5 years for specific MBA programs.

Need more information on gathering the correct documents for your application? Connect with Yocket, and we’ll guide you through the entire process.

Documents Required for MBA in Germany

To pursue an MBA in Germany, you need to require 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

One of the most crucial requirements of studying in Germany as an international student is to provide your IELTS score. Check out this blog to learn more about the IELTS examination

You may also like How to Get a German Student Visa

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: Once the documents have been verified by the admission committee, a final approval letter will be emailed to the applicant.
• Step 5: Students may be asked to appear for an interview before the final confirmation.

Also, Read Cheapest MBA Colleges in Germany

Cost of Studying an MBA in Germany: Tuition Fees & Other Costs

Cost is an essential factor to consider before pursuing business studies in Germany. Therefore, let us take a quick look at the total cost of an MBA program for international students, and the scholarships available:

Tuition Fees at Public Universities in Germany for MBA

University	Total Tuition Fees Per Year
University of Mannheim	39,900 EUR (INR 35,53,593.46)
University of Cologne	50,000 EUR (INR 44,53,124.63)
Technical University of Munich	39,000 EUR (INR 34,58,833.19)
RWTH Aachen University	35,000 EUR (INR 31,05,927.27 INR)
Berlin School of Applied Sciences	21,000 EUR (18,63,556.36 INR)

Tuition Fees at Private Universities in Germany for MBA

University	Tuition Fee per year (EUR)	Tuition Fee per year (INR)
Berlin School of Business and Innovation	€9,000	₹711,105
GISMA Business School	€18,000	₹1,422,210
Munich Business School	€32,000	₹2,528,373
ESMT	€26,000 - €60,000	₹2,054,303 - ₹4,740,700
HHL Leipzig	€34,500	₹2,725,902

Other Costs

Tuition charges aren't the only expenses to worry about when pursuing your MBA courses in Germany. It is also indispensable for international students to manage their total living expenses. Although as a new experience, it all may seem daunting, a little organization and planning well in advance go a long way. Here is a monthly breakdown of your living expenses to help you out:

Particular	Cost per month
Semester social charges	70 EUR (6,213.48 INR)
Health Insurance	70 EUR (6,213.48 INR)
Rent	300 EUR (26,629.20 INR)
Groceries	200 EUR (17,749.97 INR)
Study material	30 EUR (2,662.50 INR)
Recreation	70 EUR (6,213.48 INR)
Transport	80 EUR (7,099.99 INR)
Wi-Fi and telephone charges	33 EUR (2,928.75 INR)

Therefore, the monthly expenses total up to 850 euros if one includes the semester charges.

Worried about colossal tuition fees? Don’t get concerned; we have your back. Yocket has information on the finest Education loans. 

Yocket Finance is a one-stop solution for your finances, where you can see the simple Roadmap To Your Loan Approval, and we have collaborations with many Indian banks, international lenders, and Non-Banking Finance Corporations (NBFC).

You can also visit Yocket’s Financial Guide Blogs for a comprehensive explanation of obtaining an education loan for your study abroad plans.

Also, Read Germany Living Cost for International Student

Available Scholarships to Study MBA in Germany

To cope with the expenses, there are scholarships for students. Some of the most important ones are:

Scholarship Name	Awarded to
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 provide it. Funding is generally granted for at least two semesters. Later, it can be extended until the completion of studies. Amount/Benefit: 150 EUR (INR 13,313.70)
Heinrich Böll Scholarships	This scholarship validates German and international students. Eligible students get €750 per month for Masters. Amount/Benefit: 750 EUR (INR 66,568.50) per month
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. Amount/Benefit: 3,000 EUR (INR 2,66,274) per month plus 600 EUR (INR 53,254.80) per transport allowance.

One can always explore independently to find scholarships that fit one's needs, location, and specific university. There are, of course, scholarships offered to international students by most universities offering MBA in Germany.

Read about MBA Scholarships in Germany

How To Pursue MBA in Germany without GMAT or Work-experience?

It is possible if you’ve been wondering whether you can pursue your MBA in Germany without a GMAT or work experience!

Here is the list of the best universities in Germany that offer specific MBA courses without the requirement of prior work experience or GMAT:

Without Work Experience	Without GMAT
Technical University of Munich	Technical University of Munich
Ludwig Maximilian University Munich	Reutlingen University
University of Kiel	University Of Kiel
University of Tubingen	University Of Tubingen
University of Ulm	Berlin School of Economics and Law

Different programs at the same university may have different requirements. Therefore,  it is essential to check the requirements for each course individually at the university’s official website.

Job Scope After MBA in Germany

Universities in Germany have reported that their graduates with an MBA degree find a job within as early as 3 months of course completion and bag a salary of at least 55,000 EUR on average. QS has even ratified Germany among the world's top 10 nations for MBA salaries!

Here is a quick look at the top job roles for Germany MBA graduates, along with the average salary:

Job Title	Average Annual Base Pay
Business Development Manager	73,305 EUR (INR 65,03,921.46)
Product Manager	60,000 EUR (INR 53,23,447.07)
Marketing Manager	60,000 EUR (INR 53,23,447.07)
Operations Manager	53,196 EUR (INR 47,19,768.17)

Suggested: MBA Salary in Germany 

From the Desk of Yocket

With the advantages of High-quality education, affordable tuition, and a strong job market, Germany opens plenty of opportunities for international students. But in the chaos of several private and public universities, placing yourself in a suitable university requires intensive research. We support your search and a better future, which is why we’ve made Yocket's College Finder to compare universities according to your needs and requirements. 

Recently, Germany has become a pool for MBA students. Its more or less stable economy, paired with the shortage of qualified local graduates, makes it a treasure house for an MBA student who has just finished his course in Germany and is looking to work.

Germany is fast gaining prominence for its MBA course, all thanks to its quality of education, its international faculty, the program’s global applicability (since most courses are MBA in Germany in English instruction), and much more. For further guidance and assistance, do connect with our Yocket Professionals. We have your back.