Did you know that over 40,000 international students enrolled in Germany's MBA programs in 2023?
That’s because MBA in Germany offers the perfect combination of affordability, top-notch education, and global recognition. Home to some of the best MBA colleges in Germany such as Technical University of Munich, ESMT Berlin, and WHU - Otto Beisheim School of Management brings together the perfect mix: affordable education and globally recognized universities.
With affordable tuition fees and generous post-MBA salaries averaging €81,000 (₹72.8 lakh), it’s no wonder Indian students are increasingly flocking to Germany for their MBA dreams
Key Highlights of the Blog:
- Top MBA colleges in Germany include Mannheim Business School, ESMT Berlin, WHU – Otto Beisheim School of Management, Frankfurt School of Finance and Management, and HHL Leipzig Graduate School of Management.
- Many public universities in Germany, like the TUM, University of Ulm, and University of Stuttgart, offer free MBA programs with zero or minimal tuition fees.
- Tuition fees at private MBA colleges in Germany range from €12,900 (INR 11.6 lakh) to €55,000 (INR 49.2 lakh) per year,
- The average salary after an MBA in Germany is around INR 72.8 lakh (€81,000) per year,
- German B-schools typically require a GMAT score of 600–700, 2–5 years of work experience, an IELTS score of 6.5–7.0, or a TOEFL score of 90–100 for admission.
MBA graduates in Germany boast high employability and diverse career paths. But with numerous excellent MBA colleges to choose from, where do you begin? Connect with 51³ÉÈ˵¼º½ Premium to help you navigate the study abroad journey. We’ll help you shortlist the top universities, loan applications, visa process, and more.
Which are the Top MBA Colleges in Germany?
When it comes to MBA in Germany, the country offers a mix of top-ranked universities with affordable tuition fees, making it a top choice for international students. Some public universities, like the Technical University of Munich (TUM) and the University of Ulm, even provide tuition-free programs (you only pay a small semester fee).
For private universities like WHU - Otto Beisheim School of Management or ESMT Berlin, tuition fees range between €20,000 and €55,000 (₹18–₹49 lakh) depending on the program.
List of 12 Best Universities/Colleges for MBA in Germany
Name of the German MBA University |
Name of the MBA Program |
Course Duration |
Total Tuition Fees (EUR) |
Total Tuition Fees (INR) |
QS MBA Ranking 2025 |
---|---|---|---|---|---|
Berlin School of Business and Innovation (BSBI) |
Berlin School of Business and Innovation |
24 months |
€12,900–€18,900 per year |
₹11.6 lakh – ₹16.9 lakh |
- |
Technical University of Munich |
TUM School of Management |
24 months |
€28,000–€32,000 per year |
₹25 lakh – ₹28.7 lakh |
28 |
GISMA (Private Institution) |
GISMA Business School |
12 months |
€16,000–€31,500 per year |
₹14.3 lakh – ₹28.2 lakh |
- |
University of Mannheim |
Mannheim Business School |
12 - 15 months |
€25,000 per semester |
₹22.4 lakh |
- |
European School of Management and Technology (ESMT) |
ESMT Berlin |
15 months |
€32,000–€55,000 per year |
₹28.7 lakh – ₹49.3 lakh |
75 |
HHL Leipzig |
HHL Leipzig Graduate School of Management |
21 months |
€25,000–€35,000 per year |
₹22.4 lakh – ₹31.4 lakh |
86 |
WHU |
WHU - Otto Beisheim School of Management |
12 months |
€28,000–€48,000 per year |
₹25 lakh – ₹43 lakh |
55 |
EBS University |
EBS Business School |
18 months |
€27,830 - €33,780 per year |
₹24.9 lakh – ₹30.3 lakh |
- |
Frankfurt School (Private Institution) |
Frankfurt School of Finance & Management |
12 months |
€20,000–€35,000 per year |
₹17.9 lakh – ₹31.4 lakh |
45 |
University of Cologne |
Cologne Business School |
24 months |
€20,000–€40,000 per year |
₹17.9 lakh – ₹35.8 lakh |
285 |
Munich Business School (Private Institution) |
Munich Business School |
12 months |
€24,900–€33,900 per year |
₹22.3 lakh – ₹30.4 lakh |
- |
ESCP Europe |
ESCP Business School |
10 months |
€25,000–€45,000 per year |
₹22.4 lakh – ₹40.3 lakh |
- |
Now, let's learn about each of them in detail...
1. Berlin School of Business and Innovation (BSBI)
The Berlin School of Business and Innovation (BSBI) ranks among the top MBA colleges in Germany. Their program equips students with the business acumen and international perspective needed to thrive in today’s globalized economy. BSBI also offers an additional MBA program alongside the Global MBA.
Admission Requirements
- A bachelor’s degree from a recognized institution (minimum 50% aggregate).
- Minimum of 2 years of work experience.
- IELTS score of 6.0 or equivalent TOEFL score.
- Updated CV/resume.
- Statement of Purpose (SOP) explaining career goals.
- Two Letters of Recommendation (LORs).
- Passport copy and visa documentation.
Why Choose BSBI?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
February, May, October |
Program Duration |
24 months |
Acceptance Rate |
High acceptance rate (approx. 70-80%) |
Tuition Fees |
€12,900–€18,900 per year (₹11.6 lakh – ₹16.9 lakh) |
Scholarships |
Merit-based scholarships covering up to 50% of tuition |
Salary Post-MBA |
€55,000–€85,000 annually (₹48 lakh – ₹74 lakh) |
Popular Programs |
Global MBA, MBA, MA in Innovation and Entrepreneurship, MA in Digital Marketing |
2. Technical University of Munich
TUM School of Management is a premier choice for aspiring MBA students seeking a world-class German education. Founded within the prestigious Technical University of Munich, TUM equips students with a solid foundation in contemporary management techniques, preparing them for successful careers in modern business.
Admission Requirements:
- Bachelor’s degree from a recognized university.
- Minimum of two years of work experience.
- Valid GMAT/GRE scores.
- English language proficiency (TOEFL: 88+, IELTS: 6.5+).
- Statement of Purpose (SOP) detailing career goals and motivation.
- Updated Resume/CV.
- Letters of Recommendation (2)
Why Choose TUM School of Management?
Detail |
Information |
---|---|
University Type |
Public |
Intakes |
September, January |
Program Duration |
24 months |
Acceptance Rate |
8-10% |
Tuition Fees |
Tuition-free (minimal semester fee: ₹40,000 – ₹50,000) |
Scholarships |
Available for international students, based on merit |
Salary Post-MBA |
₹70 – ₹80 lakh (average) |
Popular Programs |
MBA in Management & Technology, MBA in Innovation |
3. GISMA Business School
GISMA’s MBA program equips you with hard skills in crucial management areas, including strategic planning, operational efficiency, financial analysis, human resource management, and more. This flexibility is a hallmark of GISMA, consistently ranked among the top mba colleges in Germany. You can pursue your MBA on your terms, choosing from a one-year full-time on-campus program, a two-year part-time program in Potsdam, or a fully online option.
Admission Requirements
- A bachelor’s degree with a minimum aggregate of 55%.
- At least 2 years of work experience.
- IELTS score of 6.5 or equivalent TOEFL score.
- Updated CV/resume and SOP highlighting leadership experiences.
- Two professional LORs.
- Valid passport and visa documentation.
Why Choose GISMA Business School?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
January, April, July, October |
Program Duration |
12 months |
Acceptance Rate |
Moderate acceptance rate (approx. 50-60%) |
Tuition Fees |
€16,000–€31,500 per year (₹14.3 lakh – ₹28.2 lakh) |
Scholarships |
Merit-based awards, early bird discounts, and diversity scholarships |
Salary Post-MBA |
€50,000–€75,000 annually (₹45 lakh – ₹67 lakh) |
Popular Programs |
Global MBA, MS Business Management, MS Leadership for Digital Transformation |
4. University of Mannheim
Mannheim University’s Business School’s MBA program consistently earns the “Value for Money” distinction in the Financial Times’ global ranking. This one-year intensive program offers participants a flexible option to extend their studies by three months. During their MBA journey, students can enrich their academic experience by pursuing additional qualifications such as the Management Analytics Certificate, taking courses at partner institutions abroad, completing internships, or refining their language skills.
Admission Requirements
- Bachelor’s degree with a minimum GPA of 3.0 (on a 4.0 scale).
- Minimum of 3 years of work experience.
- GMAT score of 650+ (preferred).
- IELTS score of 7.0 or equivalent TOEFL score.
- Updated CV and SOP designed for the program.
- Two professional LORs.
- German language proficiency is recommended for internships.
Why Choose Mannheim Business School?
Detail |
Information |
---|---|
University Type |
Public MBA University |
Intakes |
September |
Program Duration |
12–15 months |
Acceptance Rate |
Competitive (approx. 30-40%) |
Tuition Fees |
€25,000 per semester (₹22.4 lakh) |
Scholarships |
Mannheim Merit Scholarship, DAAD Scholarship |
Salary Post-MBA |
€80,000–€120,000 annually (₹71 lakh – ₹107 lakh) |
Popular Programs |
Master in Management, Master in Finance, Master in Entrepreneurship |
5. European School of Management and Technology (ESMT)
Highly regarded within the German MBA landscape, ESMT’s program stands out for its innovative blend of general management fundamentals with cutting-edge technology, innovation, and global perspectives. This program prepares you for leadership in a dynamic business environment, with the core curriculum emphasizing business innovation, strategic leadership, and comprehensive management skills.
Admission Requirements
- Bachelor’s degree in any field with a strong academic record.
- Minimum of 3 years of work experience.
- GMAT/GRE score (recommended 640+).
- IELTS score of 7.0 or equivalent TOEFL score.
- Updated CV showcasing achievements and leadership skills.
- Statement of Purpose (SOP) highlighting goals and program fit.
- Two Letters of Recommendation (LORs).
- Basic German language skills preferred.
Why Choose ESMT?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
January |
Program Duration |
15 months |
Acceptance Rate |
Highly competitive (approx. 20-25%) |
Tuition Fees |
€32,000–€55,000 per year (₹28.7 lakh – ₹49.3 lakh) |
Scholarships |
ESMT Diversity Scholarship, Women in Leadership Scholarship |
Salary Post-MBA |
€90,000–€120,000 annually (₹80 lakh – ₹107 lakh) |
Popular Programs |
Full-Time MBA, Global Online MBA, Master in Management |
6. HHL Leipzig Graduate School of Management
HHL Leipzig is more than just a top German business school; it ranks highly among MBA colleges in Germany. HHL's MBA program excels in business innovation, digital entrepreneurship, and adapting to a dynamic market. With over 140 partner universities worldwide, HHL provides exciting opportunities for double degrees and international exchange terms.
Admission Requirements
- Bachelor’s degree with a minimum of 55% aggregate.
- Minimum of 2 years of professional work experience.
- GMAT score (recommended 650+).
- IELTS score of 6.5 or equivalent TOEFL score.
- A detailed CV and an impactful SOP.
- Two professional LORs.
- Evidence of leadership potential and extracurricular involvement.
Why Choose HHL Leipzig?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
September |
Program Duration |
21 months |
Acceptance Rate |
Moderate (approx. 50%) |
Tuition Fees |
€25,000–€35,000 per year (₹22.4 lakh – ₹31.3 lakh) |
Scholarships |
HHL Future Entrepreneur Scholarship, Women in Business Award |
Salary Post-MBA |
€70,000–€100,000 annually (₹62 lakh – ₹89 lakh) |
Popular Programs |
Full-Time MBA, Master in Management, Master in Entrepreneurship |
7. WHU - Otto Beisheim School of Management
WHU’s MBA program shines as the number one in Germany, according to the Financial Times, placing it among the world’s top business schools. This MBA college in Germany is not just demanding academically but rather an exciting mixture of theoretical knowledge and practical experience. Taught by internationally recognized teachers, older professionals, and specialists-led pools all over the world, this program uses case challenges, company visits, and guest lectures by prominent people to make you learn things practically.
Admission Requirements
- A bachelor’s degree with strong academic performance.
- Minimum of 3 years of managerial experience.
- GMAT score of 650+ preferred.
- IELTS score of 7.0 or equivalent TOEFL score.
- Comprehensive CV and SOP.
- Two LORs from professional or academic referees.
Why Choose WHU?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
April, September |
Program Duration |
12 months |
Acceptance Rate |
Highly competitive (approx. 20-30%) |
Tuition Fees |
€28,000–€48,000 per year (₹25 lakh – ₹43 lakh) |
Scholarships |
WHU Excellence Scholarship, Future Women Leaders Award |
Salary Post-MBA |
€100,000–€130,000 annually (₹89 lakh – ₹116 lakh) |
Popular Programs |
Full-Time MBA, Executive MBA, MSc in Management |
8. EBS University
EBS is one of the leading MBA colleges in Germany, emphasizing practical and contemporary learning through small group sessions. This kind of setup enables close interactions involving lecturers and students hence promoting a vibrant platform where knowledge can be exchanged. In addition, EBS places significant emphasis on personal growth by offering individualized guidance for students aiming to advance both academically and professionally.
Admission Requirements
- Bachelor’s degree from a recognized university.
- Minimum of 3 years of work experience.
- GMAT/GRE score (recommended 640+).
- IELTS score of 6.5 or equivalent TOEFL score.
- A detailed CV and an SOP focused on career growth.
- Two professional references.
Why Choose EBS?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
September |
Program Duration |
18 months |
Acceptance Rate |
Moderate (approx. 50-60%) |
Tuition Fees |
€27,830–€33,780 per year (₹24.9 lakh – ₹30.3 lakh) |
Scholarships |
EBS Excellence Scholarship, DAAD Scholarships |
Salary Post-MBA |
€70,000–€90,000 annually (₹62 lakh – ₹80 lakh) |
Popular Programs |
Full-Time MBA, Master in Management, Master in Finance |
9. Frankfurt School of Management
Ranked 3rd for Masters in Management by the Financial Times, not only does Frankfurt School’s program provide a credited and well-organized curriculum but also offers lifetime advantages for one’s career and individual growth. Here you will experience an alive international community with distinct professionals from various backgrounds who may receive exclusive person-oriented job counsels. Beyond any doubt, it is not a mere paper; it is a way towards your dream job and another personality.
Admission Requirements
- Bachelor’s degree with a minimum CGPA of 3.0.
- Minimum of 3 years of relevant work experience.
- GMAT score (recommended 650+).
- IELTS score of 7.0 or equivalent TOEFL score.
- A comprehensive CV and a well-articulated SOP.
- Two academic or professional LORs.
Why Choose Frankfurt School of Management?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
October |
Program Duration |
12 months |
Acceptance Rate |
Moderate (approx. 40-50%) |
Tuition Fees |
€20,000–€35,000 per year (₹17.9 lakh – ₹31.3 lakh) |
Scholarships |
Frankfurt School Scholarships, Women in Business Awards |
Salary Post-MBA |
€80,000–€110,000 annually (₹71 lakh – ₹98 lakh) |
Popular Programs |
MBA in Finance, Executive MBA, Master in Data Analytics |
10. University of Cologne
In Germany and elsewhere, the University of Cologne is regarded as one of the best MBA colleges in Germany, making its alumni highly sought after by employers and leading to strong career prospects. Additionally, the University also has an agreement with the well-known Rotterdam School of Management which enables it to offer an Executive MBA program that is very reputable and enriching. Globalization efforts have led to partnerships between the institutions as a way of promoting their business degrees internationally while at the same time promoting cultural exchange, messages, and places of transmission among participating faculties.
Admission Requirements
- Bachelor’s degree with at least a 50% aggregate.
- Minimum of 3 years of relevant work experience.
- IELTS score of 6.5 or equivalent TOEFL score.
- GMAT/GRE scores preferred (600+ recommended).
- Detailed CV showcasing academic and professional achievements.
- Two LORs from previous employers or academic mentors.
- A well-crafted SOP emphasizing career goals and program fit.
Why Choose Cologne Business School?
Detail |
Information |
---|---|
University Type |
Public MBA University |
Intakes |
September |
Program Duration |
24 months |
Acceptance Rate |
Moderate (approx. 35-45%) |
Tuition Fees |
€20,000–€40,000 per year (₹18 lakh – ₹36 lakh) |
Scholarships |
DAAD Scholarships, University Merit Scholarships |
Salary Post-MBA |
€70,000–€95,000 annually (₹62 lakh – ₹85 lakh) |
Popular Programs |
Executive MBA, Master in Management, MBA in Digital Transformation |
11. Munich Business School
Munich Business School (MBS) recognized as one of the best MBA colleges in Germany, focuses on developing responsible and impactful leaders who foster value in organizations subject to constant change. Among other things, the institution uses its syllabus to educate scholars on leadership, which requires one to reflect on themselves, think strategically, and also be able to adjust according to changes in one’s organization. MBS graduates obtain information and abilities that allow them to negotiate intricate business surroundings, as well as back ethical principles, via intense scholastic units that scrutinize strategy, individual growth, international logistics, and corporate legislation.
Admission Requirements
- Bachelor’s degree from a recognized university.
- Minimum of 3 years of work experience in a managerial or relevant role.
- GMAT/GRE scores recommended (600+).
- IELTS score of 7.0 or equivalent TOEFL score.
- An updated CV highlighting leadership roles and achievements.
- Two professional or academic LORs.
- SOP outlining your motivation for pursuing the MBA program.
Why Choose Munich Business School?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
September, February |
Program Duration |
12 months |
Acceptance Rate |
Moderate (approx. 50%) |
Tuition Fees |
€24,900–€33,900 per year (₹22 lakh – ₹30 lakh) |
Scholarships |
MBS Best Performer Scholarship, Diversity Scholarship |
Salary Post-MBA |
€80,000–€110,000 annually (₹71 lakh – ₹98 lakh) |
Popular Programs |
Full-Time MBA, MBA in International Business, Master in Digital Leadership |
12. ESCP Business School - Berlin Campus
Embark on an intensive 10-month MBA program at ESCP Europe and learn everything you need to know about management in different areas while taking into account global viewpoints. You will find yourself in an excitingly diverse community full of teachers who teach from many different countries teaching other people what they know as well as learners from across the globe who contribute by asking questions they have about their lessons or making comments on others’ responses to stimulate discussion between group members and tutors in class.
Admission Requirements
- Bachelor’s degree with a strong academic background.
- Minimum of 3 years of professional experience.
- GMAT/GRE scores required (650+ recommended).
- IELTS score of 7.0 or equivalent TOEFL score.
- Comprehensive CV showcasing international exposure and achievements.
- Two LORs emphasizing your professional skills and potential.
- SOP detailing your career aspirations and reasons for choosing ESCP.
Why Choose ESCP Business School?
Detail |
Information |
---|---|
University Type |
Private MBA University |
Intakes |
September |
Program Duration |
10 months |
Acceptance Rate |
Competitive (approx. 20-30%) |
Tuition Fees |
€25,000–€45,000 per year (₹22 lakh – ₹40 lakh) |
Scholarships |
ESCP Excellence Scholarships, Women in Leadership Scholarships |
Salary Post-MBA |
€90,000–€120,000 annually (₹80 lakh – ₹107 lakh) |
Popular Programs |
Executive MBA, Full-Time MBA, Master in Entrepreneurship and Innovation |
Top Public Universities in Germany Offering Free MBA Programs
Germany is known for its high-quality education system and many of its public universities offer excellent MBA programs with zero tuition fees for international students.
These , offering a cost-effective way to gain a top-notch education while benefiting from a diverse and enriching academic environment.
List of German Public Universities with No Tuition Fees
- Technical University of Munich
- University of Ulm
- University of Stuttgart
- RWTH Aachen University
- Dresden University of Technology
- Ludwig Maximillian University Munich
- University of Kiel
- University of Tubingen
- Johannes Gutenberg University
- University of Bremen
- Johannes Gutenberg University
- University of Bremen
MBA Scholarships Offered by Top B-schools in Germany
There are numerous to ease your financial burden. Whether from public or private institutions, or external organizations, these opportunities are available to you.
Here are some top scholarships for international MBA students in Germany:
Sr. No. |
Name of the MBA Program |
Name of the MBA Scholarship |
Type of Scholarship |
Award Amount |
---|---|---|---|---|
1 |
SRH Berlin University of Applied Sciences |
Scholarship for International Students |
Merit-based |
Cover 50% of tuition fee for the first year |
2 |
SRH Berlin University of Applied Sciences |
Women for Leadership |
Merit-based |
Cover 50% of tuition fee for the first year |
3 |
HHL Leipzig Graduate School of Management |
HHL Future Entrepreneur Scholarship |
Merit-based |
Provide a tuition fee reduction of up to 25% |
4 |
Frankfurt School of Management |
Frankfurt School Scholarship |
Merit-based |
Cover 30% of the tuition fee |
5 |
Munich Business School |
Munich Business School MBA Scholarship |
Merit-based |
Provide € 4,000 (INR 3,58,360) |
Admission Requirements of Business Schools in Germany
For those considering top MBA colleges in Germany, understanding these requirements is crucial for a successful application. The eligibility criteria for admission to MBA programs in Germany differ slightly from one university to another, but typically they consist of:
Eligibility Criteria:
- Bachelor’s Degree: A recognized undergraduate degree, preferably with a minimum CGPA of 3.0 on a 4.0 scale (or equivalent). Some programs may have specific requirements regarding the field of study.
- Work Experience: Typically 2-5 years of professional experience is required for most MBA programs in Germany.
- GMAT/GRE Scores: A competitive GMAT score (600–700) or GRE equivalent, depending on the program.
- English Proficiency: Non-native speakers must demonstrate proficiency in English through standardized tests:
-
TOEFL: 90–100
-
IELTS: 6.5–7.0
-
- German Proficiency: Some programs may require basic knowledge of the German language, especially for MBA programs offered in German.
Documents Required for MBA Application in Germany
When applying for an MBA, you need to submit a comprehensive set of documents. These typically include:
- Academic Transcripts: Certified copies of your bachelor’s degree and grades.
- Statement of Purpose (SOP): A well-written essay explaining your motivation for pursuing an MBA, career goals, and why you chose the specific program.
- Letters of Recommendation (LORs): At least two professional or academic references highlighting your skills and achievements.
- Updated Resume/CV: A detailed summary of your work experience, education, and extracurricular activities.
- English Proficiency Certificate: TOEFL/IELTS test scores.
- GMAT/GRE Score Report: Official scores from the respective test provider.
- Passport Copy: A valid passport for international applicants.
- Proof of Financial Stability: Required for visa applications, typically through a blocked account.
- Additional Requirements: Some universities may ask for essays, video interviews, or specific application forms.
Companies Hiring at Leading MBA Universities in Germany
Germany is a global hub for industry and innovation, making it an ideal destination for MBA graduates. Many top multinational companies actively recruit talent from Germany’s leading MBA universities, ensuring excellent job prospects.
With one of the lowest unemployment rates in the OECD (around 3%), the job market in Germany is vast and welcoming to skilled professionals.
University |
Top Recruiters |
---|---|
University of Mannheim |
Accenture, Roche Pharma AG, Freudenberg SE, EY, Würth, KPMG, PWC |
Frankfurt School of Finance & Management |
Accenture, Kion Group, BRITA, SAP, EY, KPMG, PWC, UBS |
The University of Europe for Applied Sciences |
Google, Amazon |
ESMT Berlin |
Siemens, Amazon, BCG, Bain & Company |
University of Cologne Business School |
Bayer, Lufthansa, HSBC, Capgemini |
Average Salary of MBA Graduates from Top B-schools in Germany
On average, salary after MBA in Germany is around €70,000 to €90,000 annually (₹63–₹81 lakh). This figure can vary based on the industry, job role, and experience level. Germany’s booming economy and global influence make it a prime destination for high-paying jobs in sectors like consulting, marketing, product management, and operations.
Here’s a breakdown of common job roles, their average salaries, and the universities where these roles are typically offered:
Job Role |
University |
Avg. Salary (EUR) |
Avg. Salary (INR) |
---|---|---|---|
Management Consultant |
Mannheim Business School |
€81,250 |
₹72.8 lakh |
Marketing Manager |
ESMT Berlin |
€65,185 |
₹58.4 lakh |
Product Manager |
Technical University of Munich |
€85,166 |
₹76.3 lakh |
Operations Manager |
WHU - Otto Beisheim School of Management |
€72,450 |
₹64.9 lakh |
HR Manager |
Frankfurt School of Finance & Management |
€57,560 |
₹51.6 lakh |
Cost of 51³ÉÈ˵¼º½ing MBA in Germany for Indian Students
The average cost of living for Indian students in Germany ranges between €13,000 - €30,000 (₹11.5 lakh - ₹26 lakh) per month, making it one of the most affordable study-abroad destinations.
Here’s what you need to know about the as an Indian student.
Category |
Details |
Cost (EUR) |
Cost (INR) |
---|---|---|---|
Tuition Fees |
Public Universities (per semester) |
€0–€1,500 |
₹0–₹1.3 lakh |
Private Universities (entire program) |
€20,000–€55,000 |
₹18 lakh–₹50 lakh |
|
Accommodation |
Monthly Rent (shared/private) |
€300–€600 |
₹26,000&²Ô»å²¹²õ³ó;₹52,000 |
Food and Groceries |
Monthly |
€200–€300 |
₹17,000&²Ô»å²¹²õ³ó;₹26,000 |
Transportation |
Monthly Pass |
€50–€100 |
₹4,400&²Ô»å²¹²õ³ó;₹8,800 |
Health Insurance |
Mandatory Monthly |
€110–€150 |
₹9,700&²Ô»å²¹²õ³ó;₹13,200 |
51³ÉÈ˵¼º½ Materials |
Annual |
€500–€800 |
₹45,000&²Ô»å²¹²õ³ó;₹70,000 |
Semester Fees |
Covers administrative costs, public transport |
€250–€500 |
₹22,000&²Ô»å²¹²õ³ó;₹45,000 |
Blocked Account Requirement |
Proof of funds for visa |
€11,208 (one-time) |
₹10 lakh |
Scholarships |
DAAD, Deutschlandstipendium, etc. |
Varies |
Varies |
Part-Time Work |
20 hours/week (wages) |
€12–€15/hour |
₹1,000&²Ô»å²¹²õ³ó;₹1,300/³ó´Ç³Ü°ù |
Germany’s mix of affordable public education, scholarships, and part-time work opportunities ensures a high-quality MBA experience without overwhelming financial stress.
Reasons to Choose Germany for an MBA Abroad
If you’re an Indian student eyeing an MBA abroad, Germany ticks all the right boxes. Affordable tuition fees, a booming job market, and a globally respected education system—what’s not to love? Here’s why Germany is a hotspot for MBA aspirants from India:
1. Cost-Effective Education: Let’s start with what’s on everyone’s mind—money. Germany offers some of the most affordable MBA programs in the world. Public universities often charge zero or minimal tuition fees, and private ones are relatively cheaper than many other countries. Plus, you can save even more with scholarships exclusively for international students.
2. Strong ROI: Graduates from German MBA programs enjoy some of the highest-paying jobs globally. The average salary after an MBA can easily range between €60,000–€85,000 (₹55–₹78 lakh). That's a serious bang for your buck, especially considering the low cost of education.
3. Work Opportunities During and After MBA: As an Indian student, you’re allowed to work part-time during your studies to manage living expenses. After graduating, Germany’s strong economy and post-study work visa policies (up to 18 months) make it easier to land high-paying jobs in fields like consulting, finance, and marketing.
4. Global Recognition: An MBA from Germany carries international prestige. Top universities like TUM, ESMT, and WHU consistently rank high in global MBA rankings, ensuring you’re stepping into a well-respected alumni network.
From the Desk of 51³ÉÈ˵¼º½
The MBA environment in Germany is characterized by rigorous academics, ties to modern industry, and a rich European culture. It is an ideal place to start one's career globally, as future leaders are trained at top MBA colleges in Germany like WHU-Otto Beisheim School of Business or HHL Leipzig Graduate School of Management. Picture yourself deeply involved in case studies by experienced lecturers who are working together with pupils from various environments; while building relationships with leading German companies, also visiting fascinating castles and medieval towns, all these happening concurrently".
On the other hand, it can be overwhelming to govern this exciting opportunity. It is daunting to select among myriad of available programs, unravel application intricacies, and secure funding.” 51³ÉÈ˵¼º½ Premium acts as an aid while pursuing your German MBA journey, showcasing the glory of expert advice. Therefore, allow us to offer our professional mentorship that comes with access to unique scholarship offers, as well as serve you with detailed application help tailored specifically for students aspiring after German MBAs.