MBA in Germany – Top Universities, Courses, Cost 2023, Ranking, Eligibility

A Master’s degree will always be in demand as long as businesses are concerned. And Germany is a great destination for studying the best MBA degree programs with English as the language of instruction. Thanks to its well-respected schools and median location in Europe.

Generally, every business goes through victories and downtimes depending on the market conditions. However, when business owners are facing fluctuations, they seek experts. This is where your MBA degree comes to play. And several colleges in Germany offer MBA programs in English. Thus, there’s a place for every student from different parts of the world.

It is an excellent option for international students. Furthermore, MBA graduates from German universities have high employability and various career options. This article will reveal Germany’s best universities, ranking, courses, cost, and eligibility requirements.

Why Study in Germany?

We have shortlisted a few reasons why you should study in Germany. Check them out below.

Stability 

Concerning its economy and politics, Germany is a very stable country. Again, it is ranked among the most stable countries in the world. So, a stable nation is an excellent choice for your prospects after your studies. 

Various programs

Regardless of what level of your studies you’re in, Germany always has a program for you. Since it has several universities, there are many Bachelor’s, Master’s, Ph.D., and language courses to suit your desire.

Safe country

Unlike other study locations, Germany is a very safe country. Whether it is night or day, taking standard precautions is safe regardless of where you are.

Top-notch universities

German universities are known for delivering top-quality education; most colleges rank among the best worldwide. Hence, choosing a university in Germany for your MBA studies guarantees you top-notch education beyond average.

This will also be helpful in your job search after graduation.

Lower tuition

Although college tuition can be costly, German colleges are an exception. Thus, their education cost is much lower, unlike the United States and the UK.

You can get an affordable MBA education at the best universities in Germany.

Great social life

Germany is the ideal place for young people, primarily if you reside in one of the major cities. Most German cities have vibrant nightlife, many events, festivals, and several bars and restaurants to keep you entertained throughout the year.

Trust me, Germany is never a boring place to study!

Read Also: Is Quantic School of Business MBA Worth it? Is it Accredited, as They Say?

Who Should Get an MBA?

MBA programs provide professionals with the knowledge and skills required to succeed at the top levels of management. But the question is, who should get an MBA?

Well, the answer may differ based on who you ask. But generally, any person intending to work in a business-related field, as a company founder, or in a management field should get an MBA. Therefore, an MBA may not be valid for anyone working in other industries outside these.

If you feel the effort, time, and bill are worth it, level up your career by taking an MBA program in Germany!

See Also: Tuition-Free Universities to Study in English in Germany 2023

Why Should You Get an MBA in Germany?

An MBA is a well-respected degree that offers many fantastic career opportunities. If you’re considering leveling up your career through an MBA degree, you might wonder if Germany is a perfect place.

Below are some advantages of acquiring an MBA (in English) in Germany:

• Public universities in Germany do not require tuition fees for MBA programs.
• Top-notch educational and infrastructural facilities.
• Excellent job prospects.
• You will learn international perspectives on business, which is helpful in the present-day global economy.
• It is a great way to improve your German language skills as a second language.
• Since Germany is known for its top-quality MBA programs, you’ll learn from the experts.
• Part-time job opportunities.
• Various specializations and types of MBA.
• Access to scholarship programs for pursuing an MBA in Germany.
• You can apply for a postgraduate residence permit.

Check out: Top MBA Streams in the World in 2023 | Full Guide

List of The Top Universities in Germany That Offer MBA Programs in English

Check out our overview of the best universities in Germany that offer MBA programs in the English language.

• Technical University of Berlin
• Frankfurt School of Finance & Management
• Berlin School of Business and Innovation
• GISMA Business School
• Mannheim Business School

Read Also: Study in Germany in 2023: Master’s Degree In Engineering

Top Universities in Germany That Offer MBA Programs in English

This section explains the main highlight of our topic. So, below we’ll discuss the top universities in Germany that offer MBA programs in English.

#1. Technical University of Berlin

The Technical University of Berlin, officially known in German and English as Technische Universität Berlin, Berlin Institute of Technology, or TU Berlin, is a public research university in Berlin, Germany. It is the first to be called “Technische Universität” (Technical University).

As one of the best universities in Germany that offers MBA programs in English, TU Berlin offers courses in business, law, economics, and electives that enable students to focus on areas such as entrepreneurship, marketing, or finance. This program requires fifteen months to complete.

Generally, there are no tuition fees at the Technical University of Berlin. However, this does not apply to MBA students. Therefore, MBA students are required to pay around 7,800 EUR per year.

Regarding ranking, TU Berlin occupies the 156th position in Times Higher Education rankings in 2023. To be eligible for an MBA at the Technical University of Berlin, you must fulfill the following requirements:

• Subject-specific admission requirements.
• Admission requirements.
• General admission requirements.
• Language skills requirements.

See Also: 10 Best Masters In Automotive Engineering In Germany | 2023 Rankings

#2. Frankfurt School of Finance & Management

Frankfurt School of Finance & Management offers the best full-time MBA programs (in English Language) in management and finance education. This leading European business school centers on management and finance through research, advisory, and education services.

Its finance and management programs tackle two organizational processes: managing people and capital flows for better performance. Furthermore, the MBA programs offered at the Frankfurt School of Finance & Management, Germany, are taught in English.

In addition, its full-time MBA curriculum (60 ECTS) gives you an accelerated 12-month learning experience. And this is split into elective courses, core module lectures, and a thesis period. The business MBA at Frankfurt School comprises a module abroad to Italy alongside specializations and electives.

Meanwhile, you can select six courses, a mixture of three from each category: Advanced Management and Finance & Technology. Otherwise, you can choose six courses from one category.

It is compulsory that you follow these combinations. You cannot, for instance, choose two courses from one category and four from another.

The courses in Advanced Management include the following:

• Negotiations
• Organizational Design
• Agile Management
• Best Practice in Family Business
• Supply Chain Excellence & Sustainability
• Leadership by Purpose – the Case of an NGO
• Lean Start-Up Bootcamp
• New Product Development
• Digital Marketing

The courses in Finance & Technology include the following:

• Managing Digitalization
• Sustainable Finance
• Alternative Investments & Future of Finance
• Capital Markets
• Mergers & Acquisitions
• Artificial Intelligence
• Blockchain
• Fintech
• Digital Marketing

Furthermore, the tuition fee for studying for an MBA at Frankfurt School is 42,000 EUR. And the school has several top academic rankings. If you’re interested in getting an MBA in Frankfurt, here are some requirements you must pass:

For full-time MBA

• A Bachelor’s degree or equivalent is required.
• Outstanding spoken and written English language skills (minimum score TOEFL 90 iBT, IELTS 7.0 or equivalent).
• You need three years of postgraduate work experience.
• GMAT or GRE (an alternative Frankfurt School MBA Admission Test is only available on request). Note that the test comes with a $100 fee.
• Even though German language skills are not needed, they can be helpful when seeking an internship or a job in Germany. However, Frankfurt offers international MBA students intensive German language courses at all levels.

Part-time MBA

• A Bachelor’s degree or equivalent.
• Three years of work experience is recommended.
• Frankfurt School MBA Admission Test (or GMAT/GRE test results).
• English proficiency (TOEFL IBT min. score 90 / IELTS min. score 7) or equivalent.

Executive MBA

• Your first academic degree or its equivalent is required.
• At least seven years of work experience with appropriate managerial responsibility.
• English proficiency.

MBA in International Healthcare Management

• Your first academic degree.
• Top-notch written and spoken English skills.
• At least three years of professional experience.
• Healthcare relevant interest or background.

Check Out: University of Applied Sciences MA Scholarships in Germany in 2023

#3. Berlin School of Business and Innovation

This is one of the universities in Germany that offers the best MBA programs in English. The Berlin School of Business and Innovation MBA program aims to build individuals that can lead companies that drive ethical change. Here, you will learn how to solve problems, think critically about business, and develop a leadership style relevant to many business areas like finance, marketing, accounting, not-for-profit management, etc.

The school’s curriculum comprises twelve core modules, including Accounting for Decision Making and Managing Human Capital, Managing and Leading Effective Organizations. Additionally, you will learn how to harness the power of strategy and innovation. And this will help you to develop relevance in your business.

Meanwhile, the 12 core modules, which include the CUC MBA, involve every aspect of business leadership. Every module is structured to build on previous modules toward creating skilled professionals who will apply an ethical business philosophy to the international marketplace.

A thesis is unnecessary, but the pathway will be offered if the minimum class size of fifteen students is met to guarantee an excellent academic experience. Meanwhile, the twelve core modules are:

• Managing and Leading Effective Organizations
• Global Marketing in the Digital Era
• Ethics, Law, and Communication in Decision Making
• Organizational Behavior for Competitive Advantage
• Economics for Managers
• Accounting for Decision Making
• Strategy for Innovation and Entrepreneurship
• Managing Human Capital
• Statistics Applied to Managerial Problems
• Global Management
• Financial Management
• Capstone*

The cost of pursuing an MBA in this institution is 9,000 EUR per year and 18,000 EUR for two years. And the Berlin School of Business and Innovation ranks #2 regarding Digital Activity Performance based on the academic year (2021-2022).

Eligibility requirements

• You must be at least 21 years old.
• GPA of 2.25 or above.
• A Bachelor’s degree from a United States equivalent, regionally accredited institution is required.
• Duolingo test – total score of 95 or above, or;
• IELTS Academic with a total score of 6.0 or above, or;
• 72 (internet-based) on the TOEFL IBT – for the programs provided by CUC, the DI code is 1140.
• Medium of Instruction Letter from a Bachelor’s or Master’s College should be signed by the registrar, assistant registrar, president of the student’s educational institute, or provost.

Read Also: What are the Fully-funded Scholarships to Study in Germany? (Study for Free) 2023

#4. GISMA Business School

The GISMA Business School also stands out as one of the best universities in Germany that offers MBA courses in English. Furthermore, it provides several postgraduate courses in various business areas, such as marketing, finance, accounting, and strategy. It aims to provide quality management education to help you progress in your career or pursue a new one.

At the GISMA Business School, you will learn subjects like international accounting, international marketing, and managing people in cross-cultural environments. Meanwhile, the program runs for 12 or 24 months, and the tuition fees cost 18,000 EUR. Some of its rankings are as follows:

• Eduniversal Best Masters Ranking 2021: GISMA Business School’s MSc programs in Management and International Business are ranked as “Excellent Business Schools” by Eduniversal.
• Financial Times European Business School Rankings 2021: GISMA Business School ranked #75 in the Financial Times’ list of top business schools in Europe.
• QS Global MBA Rankings 2022: GISMA Business School ranked #42 in the QS Global MBA Rankings for 2022.

If you think that GISMA matches your academic needs for an MBA in Germany, then consider the following eligibility requirements:

• You must possess a good honors degree from a recognized university or an equivalent qualification.
• Since the language of instruction for an MBA in GISMA, Germany is English; you must provide proof of your proficiency in the language.
• You must have a student visa permitting you to stay in the country for over 90 days.

#5. Mannheim Business School

Finally, we have the Mannheim Business School on our list of top MBA universities in Germany whose language of instruction is English. Located in the center of the German and European economies, this institution suits individuals seeking top management careers.

In addition to learning about management, you’ll acquire an entrepreneurial mindset, analytics, leadership, and AI skills. You’ll also gain industry connections and the global outlook needed to succeed in the intensive 12-15 months MBA program.

Meanwhile, its tuition fee is €42,500, and the institution remains the best-ranked MBA in Germany. Again, Mannheim Business School’s MBA program is split into four types: 

• Mannheim Executive MBA is an 18-month, weekend-based part-time Executive MBA program for professionals and executives with at least eight years of job experience.
• ESSEC & MANNHEIM Executive MBA: an 18-month, modular-based part-time Executive MBA program for professionals and executives with at least eight years of job experience.
• Mannheim Full-Time MBA: It is a 12-month full-time program for young professionals with at least three years of postgraduate job experience.
• Mannheim Part-Time MBA: It is a 24-month part-time program for young professionals with at least three years of postgraduate job experience.

Other specialized Masters programs for young professionals include the following:

• Mannheim Master in Sustainability and Impact Management
• Master in Management Analytics
• Mannheim Master in Management Analytics & AI (Part-Time)
• Mannheim Master of Accounting & Taxation

Eligibility requirements

• You require a minimum of 3 years of postgraduate working experience.
• International experience.
• An internationally recognized academic degree in any discipline (a Bachelor’s degree) is needed. Successful candidates will usually have a minimum B+ average in their undergraduate degree.
• Leadership potential.
• Also, you require Fluency in English – TOEFL iBT with at least a core of 95—and an IELTS Academic score with a minimum score of 7 or equivalent.
• APS is needed for applicants with a first degree from India, Vietnam, and China.
• GMAT or GRE required – at least a GMAT score of 600 or an equivalent GRE score is recommended (Mannheim Business School will give a discount of 200 EUR for a GMAT score of 650 or above, or an equal GRE score, to acknowledge your performance).
• Even though knowledge of German is not a requirement, you’re strongly encouraged to start taking a German language course before the commencement of the program.

FAQs

Conclusion

If you’re seeking career paths in top management, you should consider pursuing an MBA degree. But you may need clarification about choosing a destination to pursue this program.

Germany remains the best country for MBA studies considering its excellent educational and infrastructural facilities, great job prospects, and much more.

So, you can select from the top five universities in this article to start your MBA program and make giant strides in management.

References

• yocket.com – MBA Colleges in Germany: Top 12 Private & Public Universities in Germany for MBA
• expatrio.com – Top Universities in Germany for MBA in English
• cbs.de – 20 Reasons Why You Should Study In Germany
• investopedia.com – Is an MBA Worth It?
• simplilearn.com – The Best Guide to Understand the Benefits of an MBA in Germany
• en.wikipedia.org – Technical University of Berlin
• study.eu – Study at Technische Universität Berlin
• quora.com – What is the ranking of Gisma Business School Berlin, Germany?

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