- Points Based
- Most people below the age of 51 years old, with an occupation (listed on each country’s list), 2+ years of work experience & good English / French are eligible for this
- It is the most popular way of settling overseas
- Similar to skilled immigration
- Occupation must be listed on the state list
- Long term visa converted to PR & citizenship
- Very popular option for most countries
- Candidates who find a full time job & an employer overseas are eligible for this visa
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- Some countries offer permanent residency anyone who has a parent, brother, sister, uncle, aunt or first cousin overseas
- The sponsoring relative needs to be an citizen or a permanent resident of that country
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- Many countries offer a temporary or PR visa in exchange for an investment
- Investment amounts can range from $50,000 to $500,000 or more
The MBA programs in Germany have reputed Universities, which offers quality education in at affordable tuition fees. Read on to know more.
OPT FOR MBA IN GERMANY
WHY SHOULD YOU PURSUE MBA IN GERMANY?
- Germany is one of the stable and strongest economies of Europe
- The manufacturing industry of Germany is robust and up-to-date
- The country has many reputed colleges offering quality education
- Many courses are also taught in English, which makes it convenient for international students
- One can choose from multiple specializations
Planning to pursue an MBA education in Germany? The MBA programs in Germany are a wise choice for MBA aspirants looking to start their careers in Europe. The country is considered to be the economic powerhouse of Europe.
The sector of auto industries and manufacturing in the south, the industries set up in the Ruhr valley, and to booming start-up culture of Europe in Berlin, Germany, offer excellent opportunities for business graduates.
*Wish to study in Germany? Y-Axis is here to offer you guidance.
TOP 10 UNIVERSITIES FOR AN MBA DEGREE IN GERMANY
Here are the top 10 universities in Germany from where you can pursue MBA studies with affordable tuition fees:
| Top 10 Universities for MBA Degree in Germany | ||
| Rank | University | Tuition Fee |
| 1 | ESMT Berlin | 43,500 Euros |
| Berlin, Germany | ||
| 2 | Frankfurt School of Finance & Management | 39,000 Euros |
| Frankfurt am Main, Germany | ||
| 3 | Mannheim Business School (MBS) | 39,500 Euros |
| Mannheim, Germany | ||
| 4 | WHU – Otto Beisheim Graduate School of Management | 40,500 Euros |
| Düsseldorf, Germany | ||
| 5 | HHL Leipzig Graduate School of Management | 39,500 Euros |
| Leipzig, Germany | ||
| 6 | Hochschule Pforzheim | 16,800 Euros |
| Pforzheim, Germany | ||
| 7 | TUM Technische Universität München | 39,000 Euros |
| Munich, Germany | ||
| 8 | Hochschule für Wirtschaft und Recht Berlin (HWR) – Berlin School of Economics and Law | 19,800 Euros |
| Berlin, Germany | ||
| 9 | University of Cologne Business School | 54,500 Euros |
| Cologne, Germany | ||
| 10 | ESCP Europe – Berlin Campus | 69,900 Euros |
| Berlin, Germany | ||
TOP 10 UNIVERSITIES FOR STUDYING MBA DEGREE IN GERMANY
ESMT BERLIN
The MBA students at the ESMT or European School of Management and Technology are able to benefit the most from the infrastructure and diversity of Berlin, the capital of Germany. The business school offers a full-time one-year MBA program with two subjects for specialization options. They are:
- Managing Innovation Technology
- Global Sustainable Business
ESMT is ranked in the top 100 schools in the Global MBA Ranking by Financial Times. ESMT is accredited by EQUIS, AACSB, and AMBA.
Requirements
Here are the eligibility requirements for MBA at the ESMT Berlin:
| Facts About MBA at ESMT Berlin | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation |
Applicants need to have an undergraduate, or first university, degree (bachelor) |
| TOEFL | Marks – 95/120 |
| PTE | Marks – 64/90 |
| IELTS | Marks – 7/9 |
| Work Experience | Minimum: 36 Months |
| Other eligibility criteria | Applicants may be waived from English language requirement if they have earned a university degree exclusively taught in English |
FRANKFURT SCHOOL OF FINANCE & MANAGEMENT
If you want to pursue a finance-oriented MBA in Germany, you should opt for the Frankfurt School of Finance and Management. Frankfurt is considered to be the hub of finance in Germany. The school’s location makes it convenient for MBA students to seek employment in finance.
The MBA program also offers German language courses for a smooth transition into the German job market. The Frankfurt School has a strong record of its graduates finding employment in finance and consulting job roles in reputed firms.
Requirements
The eligibility requirements for an MBA at the Frankfurt School of Finance & Management are as follows:
| Facts about MBA at Frankfurt School of Finance & Management | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation | Student must have completed bachelor’s degree or equivalent |
| TOEFL | Marks – 90/120 |
| GMAT | No specific cut off mentioned |
| IELTS | Marks – 7/9 |
| GRE | No specific cut off mentioned |
| Work Experience | Minimum: 36 Months |
| Other eligibility criteria | Language test waivers available e.g. if corporate work language is English (proof by company), first academic degree was taught in English (if stated on transcript) or if applicant is a native English speaker |
MANNHEIM BUSINESS SCHOOL (MBS)
The Mannheim Business School is situated in the proximity of the financial center of Germany, that is, Frankfurt. The B-School offers two of the MBA programs in Germany ranked in the Global MBA Ranking by Financial Times.
The MBA full-time program offers five fields that prepare its students for international careers. It focuses on three international regions:
- Asia
- Europe
- North America
Mannheim Business School is given accreditation by AMBA, AACSB, and EQUIS. In addition, the school offers comprehensive Executive MBA programs, with student exchange options in France, China, and Singapore.
Requirements
Here are the eligibility requirements for MBA at the Mannheim Business School (MBS):
| Facts about MBA at Mannheim Business School (MBS) | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
|
Graduation |
No specific cut off mentioned |
| A very good internationally recognized first academic degree of all disciplines (at least Bachelor) is required | |
| Post-Graduation | No specific cut off mentioned |
| TOEFL | Marks – 95/120 |
| GMAT | Marks – 600/800 |
| IELTS | Marks – 7/9 |
| GRE |
Equivalent to the minimum acceptable GMAT score of 600 points |
| Work Experience | At least 3 Years |
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WHU – OTTO BEISHEIM GRADUATE SCHOOL OF MANAGEMENT
The full-time MBA program at WHU had a good rank in the top 100 of Full-Time MBA Rankings, the Economist’s in 2016. The B-School has two campuses. Those are:
- Vallendar
- Düsseldorf
The MBA program in this business school has outstanding salary statistics. WHU is reputed for graduate placements in the sector of manufacturing in Germany and the countries abroad.
The joint Executive MBA course by WHU is administered along with North-western’s Kellogg School of Management.
Requirements
The eligibility requirements for an MBA at the WHU – Otto Beisheim Graduate School of Management are given as follows:
| Facts about MBA at WHU – Otto Beisheim Graduate School of Management | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation | Applicants must have a Undergraduate degree (Bachelor or equivalent) |
| TOEFL | Marks – 100/120 |
| GMAT | A minimum score of 600 is recommended |
| IELTS | Marks – 7/9 |
| GRE | No specific cut off mentioned |
| Work Experience | Minimum: 24 Months |
HHL LEIPZIG GRADUATE SCHOOL OF MANAGEMENT
HHL is regarded to be the oldest business school in German-speaking regions of Europe. The school strongly emphasizes on entrepreneurship. It also offers a part-time MBA program.
HHL participates in the Euro*MBA, which is an executive-level program administered in association with other European universities. It facilitates the participation of students in short residencies at various institutions all over Europe.
Requirements
Here are the eligibility requirements for an MBA at the HHL Leipzig Graduate School of Management:
| Facts about MBA at HHL Leipzig Graduate School of Management | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation | Applicants must have a completed Bachelor’s degree in any field from a recognized university |
| TOEFL | Marks – 90/120 |
| GMAT | No specific cut off mentioned |
| IELTS | Marks – 7/9 |
| GRE | No specific cut off mentioned |
| Work Experience | Minimum: 36 Months |
HOCHSCHULE PFORZHEIM
The location of Hochschule Pforzeim is the unique selling point for MBA aspirants who wish to work in the manufacturing and auto industries of Germany.
The region of Baden-Württemberg, close to the business school, has units to manufacture brands like Porsche, Daimler, Bosch, and many others.
Pforzheim is the northern gateway to the picturesque Black Forest of Germany.
The 21-month MBA program specializing in International Management has options for concentrations in Sustainable Globalisation and Innovation and Business Dynamics.
Requirements
The eligibility requirements for MBA at the Hochschule Pforzheim are given as follows:
| Facts about MBA at Hochschule Pforzheim | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
|
Graduation |
Applicant must possess a solid undergraduate degree in relevant field of study with minimum as follows: |
|
no additional requirements, if student from IIT admission, additional study period (first degree program in Germany) 3.5 year |
|
| total years of study for graduate admission 3.5 – 6.5 years | |
| Post- Graduation | No specific cut off mentioned |
| TOEFL | Marks – 100/120 |
| GMAT | Marks – 550/800 |
| PTE | Marks – 70/90 |
| IELTS | Marks – 7/9 |
| GRE | Equivalent to GMAT 550+ score |
| Work Experience | Minimum: 24 Months |
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TUM TECHNISCHE UNIVERSITÄT MÜNCHEN
TUM is also one of the business schools whose Executive MBA is triple-accredited in Germany.
The business school offers a degree in Master in Management and Technology. Students can even opt for the Executive MBA in:
- IT and Business
- Innovation and Business Creation
- General Executive MBA
Requirements
Here are the eligibility requirements for MBA at the TUM Technische Universität München:
| Facts about MBA at TUM Technische Universität München | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation |
Applicants must hold a recognized undergraduate degree (e.g. a bachelor’s) and the successful completion of the aptitude assessment procedure |
| TOEFL | Marks – 88/120 |
| PTE | Marks – 65/90 |
| IELTS | Marks – 6.5/9 |
|
Work Experience |
Minimum: 36 Months |
|
Applicants must have a minimum of three years of professional experience |
|
HOCHSCHULE FÜR WIRTSCHAFT UND RECHT BERLIN (HWR)
The HWR is located in Berlin. The school hosts multiple budget MBA options. The students can specialize in management with a context in Europe, Asia, or the Transatlantic region.
The business school also offers the option of MBA programs in the UK, Hong Kong, France, or other member states of the EU. HWR also offers part-time MBA study programs in Change Management, Entrepreneurship, and Health Care Management. It helps the students gain an international experience.
Requirements
The eligibility requirements for MBA at the Hochschule für Wirtschaft und Recht Berlin (HWR) are as follows:
| Facts about MBA at Hochschule für Wirtschaft und Recht Berlin (HWR) | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation | Applicants must hold a recognized undergraduate degree (e.g. a bachelor’s) and the successful completion of the aptitude assessment procedure |
| TOEFL | Marks – 88/120 |
| PTE | Marks – 65/90 |
| IELTS | Marks – 6.5/9 |
| Work Experience | Minimum: 36 Months |
UNIVERSITY OF COLOGNE BUSINESS SCHOOL
The University of Cologne Business School has been triple-accredited in Germany. It offers the Cologne-Rotterdam MBA in collaboration with the Rotterdam School of Management, Netherlands. The business school is located in the Ruhr valley, which comprises of big industrial cities in the North-West part of Germany. It offers multiple opportunities for business and employment.
The EMBA course of two-years benefits from the location of the business schools. It is situated at the crossroads of the trade routes of Europe and the network of local corporates.
Requirements
The eligibility requirements for an MBA at the University of Cologne Business School are given as follows:
| Facts about MBA at University of Cologne Business School | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
|
Graduation |
Applicants must have a first academic qualification (Bachelor of Arts, Diploma, Master of Arts) from a recognized university with a final grade of at least “good” |
| Applicants who have not attained this grade in their first study course must take a separate entrance examination | |
| TOEFL | Marks – 92/120 |
| IELTS | Marks – 6.5/9 |
| Work Experience | Minimum: 12 Months |
ESCP EUROPE – BERLIN CAMPUS
ESCP Europe is considered to be a pan-European school of business. It has campuses in Berlin, London, Madrid, and Paris. The school is also triple-accredited.
The business school makes the most of its multiple campuses. The campus in Berlin offers a degree in MBA in International Management. The students enrolled in this course get to experience one year each at different campuses in Europe. They gain a degree with a multicultural focus.
The Financial Times ranked the Executive MBA program at ESCP among the top 100 programs.
Requirements
Here are the eligibility requirements for MBA at the ESCP Europe – Berlin Campus:
| Facts about MBA at ESCP Europe – Berlin Campus | |
| Qualification | Entry Criteria |
| 12th | No specific cut off mentioned |
| Graduation |
Applicants must have a bachelor degree in any field |
| TOEFL | Marks – 100/120 |
| GMAT | No specific cut off mentioned |
| IELTS | Marks – 7/9 |
ADVANTAGES OF STUDYING MBA IN GERMANY
Students wanting to obtain their MBA degrees from abroad can do so with multiple options for specializations at universities all across the globe. It enhances their careers, and studying MBA in Germany has become one of the popular choices.
Here are a few reasons as to why you should pursue an MBA degree in Germany:
- Multiple Options
If you want to have a German MBA degree, you will be glad to know that Germany has numerous MBA specializations to offer. Some of them are:
- Engineering Management
- Big Data Management
- Marketing
There is a variety of specializations offered by the country. It helps you enhance your skills in the field of interest, academic qualifications, and career goals.
Although the MBA programs are taught in English, you can also learn German additionally. Since Germany is a popular MBA study hub for international students, the universities provide an environment of a global-minded and inclusive learning environment. It makes it possible for foreign students to pursue MBA in English. English is spoken widely all across Germany, so you can also speak English outside the campus.
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- Quality Education
Germany has given the best academics in the world. Expertise and pedagogical skills play a vital role in shaping the future of aspirational business professionals. You will find the best MBA study programs in Germany offered by the top B-Schools like:
- WHU – Otto Beisheim School of Management
- ESMT Berlin
- TU Kaiserslautern
An MBA degree from Germany gives you the benefit of a flexible study schedule and multicultural social environment. It makes Germany one of the best places to study MBA overseas.
- Affordable Tuition Fees
Usually, prospective students assume that it would be expensive to study MBA abroad, and they would not be able to afford it. If you plan to study MBA in Germany, it won’t be the case.
It is home to one of the largest education systems in the world. You have a wide selection of MBA study programs in Germany, inexpensive than equivalent programs in Canada, the US, and other countries of Europe.
To ease the financial stress, international students pursuing their MBA from Germany can apply for scholarships or opt for part-time work opportunities.
- Lucrative Future Prospects
The strong economy of Germany is one of the reasons, why it is a smart choice to study MBA in Germany. It is one of the largest economies in Europe. It implies that MNCs or multinational companies would hire and expand their teams in Germany. And, they would prefer MBA graduates from the country.
The MBA graduates earn over 100,000 Euros. It places them in the top 3 most-paying degrees in Germany.
Multiple global companies in Germany create a demand for professionals with robust management skills. The country is home to many reputed companies, like Adidas, Volkswagen, and BMW. Various companies in Germany offer MBA graduates the opportunity to become a part of an established professional team. They get to work in a diverse environment and participate in the development of the latest innovations.
- Post-Study Residence Permit
Students outside the EU or European Union are required to have a residence permit to be eligible for work. They should have graduated from their degree program to apply for the permit. The residence permit is valid for 4 years. At this time, they can look for employment in Germany that suits their academic qualifications.
You will be able to explore German culture and work in MNCs after graduating from an MBA study program in Germany.
Unlike in some other countries, the residence permit differs from the student visa in Germany. After completing your MBA program in Germany, you can apply for this permit via the foreign nationals’ registration office in the city you live in.
Germany is a popular destination for many probable MBA students. An MBA degree from Germany is desirable, without any doubt. Multiple partner institutions all over Europe provide internationally recognized qualifications.
TOP 5 MBA COLLEGES OF GERMANY
Top MBA Universities in Germany
Frankfurt School of Finance & Management
Technical University of Berlin
Technical University of Munich
Johannes Gutenberg University Mainz
HOW CAN Y-AXIS ASSIST YOU TO STUDY IN GERMANY?
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