MBA in Germany

Following are the top benefits of studying MBA in Germany:

• There are over 100 MBA programs available to choose from. The course is taught in English medium teaching.
• Students can get free education in some public universities.
• For paid universities, the tuition fee is cheaper than in other European countries.
• Students can get scholarship options where they can get scholarships from various scholarship programs.
• The range of scholarships is from Rs. 70,000 to Rs. 75,00,000 approximately.
• Students can get permission to work part-time while studying to cover their living expenses.
• Students also get the monthly expense from the university depending on their economical conditions.
• The German government allows students to apply for the 18 months residential permit after the completion of the course to search for the job.
• There are vast opportunities of career with high packages after completing MBA from Germany.

There is a different requirement of the work experience for different programs of MBA. But apart from this there are lots of points which are commonly required to take admission to any of the MBA programs in German universities.

• The applicant must have completed the bachelor’s degree of 4 years to take admission to MBA course in Germany.
• If the applicant have completed bachelor’s degree of 3 years only, like BA, BCA then they have to complete any Master degree of at least one year course.
• For few MBA programs the work experience of 1 to 5 years is necessary depending on the program.
• The applicant must have the certificate of the required entrance exam with qualifying marks.

Entrance Exams:

• TOEFL with 90 score or
• IELTS with 7.0
• GMAT
• GRE (Average 550)

In addition to the above criteria, candidates need to submit the following requirements for admission to MBA in Germany and for student visa.

• At least 2 Letters of recommendation
• Candidates need to submit at least 2 letters of recommendation from previous employer or academic.
• A CV and transcript of prior education
• A valid passport
• Biometric photos
• A letter of admission from your MBA program
• Proof of language proficiency (English or German)
• Proof of funds to support yourself (this may be in the form of blocked account)
• Student health insurance

MBA in the German universities cost lesser than other European countries. There are even few universities that offer free MBA courses. And there are few universities that cost 6000 Euro to 45000 Euro (approx).

A blocked account is a kind of a bank account where the universities provide the fund depending on the prevailing economic condition of student and the respective fee of the university.

This is to help the students to overcome with their expenses of staying in the Germany. The amount deposited in the blocked account varies from state to state. It is provided as the monthly expenses. The whole amount of one academic year is deposited in the blocked account for the students.

Once the students reach Germany, they have to open a loan account in the local bank where they can deposit this blocked amount. They get the amount on the monthly basis for whole academic year in the bank account.

• German Government and German Universities take the education of the students very seriously. To help students for their education and courses they always provide financial helps too.
• There are several scholarship programs for students to help with their degree courses, masters, and Ph.D. . Here are some of the scholarships that can help students to study MBA in German Universities.
• Heinrich Boll Scholarships: Students who qualified the university entrance from outside the Germany are eligible to get the benefits of this scholarship. The last date to apply for this one is September 1 and students can get benefit upto 850 Euro per month for masters.
• Konrad-Adenauer-Stiftung Scholarships: This scholarship program allows international students the benefits of 1100 Euro per month for masters courses.
• KAAD Scholarships: The benefits of this scholarship programs are not specified but the international students who wants to join the German universities for MBA and other masters courses can have the benefits of this program.
• There are other Government scholarship programs too which can benefit students.
• To apply for these programs there is no age limit of the students.
• Students who are in the last year of their graduate course can also apply for these scholarship programs. These programs are offered to those students only who are applying for full time courses.
• Language proficiency certificates may be needed to apply for the scholarship.

Here are the top accredited business schools/institutes in Germany that offer MBA programs in the English medium language:

Don’t worry even if you haven’t performed well in GMAT or not even appeared in the exam. There are few universities which allows students to take admission ot MBA course without GMAT.

• Technical University of Munich
• Berlin School of Economics and Law
• Cologne Business School
• Accadis Hochschule Bad Homburg

Students with relevant eligibility and required years of experience can take admission to MBA in above universities without clearing the GMAT.

The candidates who have successfully completed the course of MBA from Germany can get the jobs of various posts which can averagely give the packages of about 1,40,000 USD per year to 2,20,000 USD per year approximately.

The posts that can be offered to MBA graduates are:

• Product manager
• Strategist
• Business development manager
• Marketing manager
• General manager
• Operational manager

There are plenty of job offers for MBA graduates that pays bulky packages to them.

Thus, in all manner the MBA in Germany is fulfilling the wishes of the students from all over the world. Be it financial help by blocked account and scholarships or be it the no fee universities, German universities are best choice for the MBA program.