Explore The Best MBA Colleges in Germany For Indian Students

Written by

Mynaz Altaf

Fact check by

Divyansh Chaudhari

Updated on

Jul 25,2024

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Are you looking for a list of the best MBA colleges in Germany but don’t know where to start? We have got you covered! Germany is one of the best educational hotspots in the world right now and has many opportunities for a variety of different courses. Pursuing an MBA in Germany is one of the most popular choices for a reason. Germany offers a varied educational and employment landscape, with good salaries and high pay.

Moreover, Germany is known for its excellent quality of education and emphasis on hands-on and practical learning. Whether you are an international student looking for the ideal MBA program in Germany or a local student looking to research their options, this is the right article for you. Here is everything you need to know about the best MBA colleges in Germany for Indian students. We have everything from the best public MBA colleges in Germany to private ones.

Best MBA Colleges in Germany for Indians in 2024

Looking for the best MBA college in Germany can be a daunting task at first, but we have compiled a list of the top colleges for MBA to make it easier for you. The best college for an MBA in Germany can be determined through a variety of factors, including course options, employment opportunities, internship opportunities, international tie-ups, fees and scholarships, infrastructure, alumni network, and so on.

The landscape of high education in Germany is divided into private and public colleges. Both types of institutions offer high-quality education but have a lot of differences that set the two apart. So, we have compiled a list of the best public MBA colleges in Germany and private ones for you.

1. Top Private MBA Colleges in Germany

Here are the best MBA colleges in Germany, which are private institutions:

Name

Fees

City

Top Programs

Berlin School of Business and Innovation

€12,900–€18,900

Berlin

Global MBA, MBA, Innovation and Entrepreneurship, Digital Marketing, E-Commerce

GISMA Business School

€16,000–€31,500

Potsdam (main campus) ; Berlin (branch campus)

Global MBA, International business management, business management

European School of Management and Technology

€32,000–€55,000

Berlin

Management, Global Management, Innovation and Entrepreneurship, Executive MBA, Full-time and Part-time MBA

HHL Leipzig Graduate School of Management

€25,000–€35,000

Leipzig

Management, Innovation, Entrepreneurship

WHU-Otto Beisheim School of Management

€28,000–€48,000

Vallendar and Düsseldorf

MBA, Executive MBA, Financial Management

EBS University

€27,830 to €33,780

Oestrich-Winkel

Management,Finance, Strategy and International Management

Frankfurt School of Management

€20,000–€35,000

Frankfurt

Full-time and Part-time MBA, Management, Data Analytics, Auditing

Munich Business School

€33,900–€24,900

Munich

International Business, Entrepreneurship and Innovation, Business Analytics, Global Leadership, Full-time and Part-time MBA, Executive MBA

ESCP Business School 

€25,000–€45,000 

Berlin

Data Analytics, Management, Entrepreneurship and Innovation

IU International University of Applied Sciences

€5536-€9966

Bad Honnef

Global MBA

 

2. Top Public MBA Colleges in Germany for Indians in 2024

Here are the best public MBA colleges in Germany:

Name

Fees

City

Top Programs

Berlin School of Business and Innovation

€12,900–€18,900

Berlin

Global MBA, MBA, Innovation and Entrepreneurship, Digital Marketing, E-Commerce

GISMA Business School

€16,000–€31,500

Potsdam (main campus) ; Berlin (branch campus)

Global MBA, International business management, business management

European School of Management and Technology

€32,000–€55,000

Berlin

Management, Global Management, Innovation and Entrepreneurship, Executive MBA, Full-time and Part-time MBA

HHL Leipzig Graduate School of Management

€25,000–€35,000

Leipzig

Management, Innovation, Entrepreneurship

WHU-Otto Beisheim School of Management

€28,000–€48,000

Vallendar and Düsseldorf

MBA, Executive MBA, Financial Management

EBS University

€27,830 to €33,780

Oestrich-Winkel

Management, Finance, Strategy and International Management

Frankfurt School of Management

€20,000–€35,000

Frankfurt

Full-time and Part-time MBA, Management, Data Analytics, Auditing

Munich Business School

€33,900–€24,900

Munich

International Business, Entrepreneurship and Innovation, Business Analytics, Global Leadership, Full-time and Part-time MBA, Executive MBA

ESCP Business School 

€25,000–€45,000 

Berlin

Data Analytics, Management, Entrepreneurship and Innovation

IU International University of Applied Sciences

€5536-€9966

Bad Honnef

Global MBA

 

Difference betwwen private and public universities in Germany - TerraTern

 

Career Options for MBA Graduates in Germany 2024

When you graduate from one of the best MBA colleges in Germany, you have a lot of options that you can choose from for a job. The starting salary for MBA graduates is quite high. There is a good growth prospect for MBA graduates over the years as well. Your career options will be widely strengthened once you graduate from the best MBA finance colleges in Germany.

Jobs after graduating from one of the best colleges in Germany will get you some of the best opportunities, career-wise and money-wise. Also, because there is a shortage of skilled workers in Germany right now, the country relies heavily on foreign talent to join its workforce. You can expect job opportunities and career options if you graduate from some of the best MBA colleges in Germany.

While studying at the best MBA colleges in Germany, you are bound to get internship experience, which will further strengthen your connections in the German workforce. This can further help gain work experience and get a good job after graduating from Germany's best MBA finance colleges. 

Plus, many work councils and unions ensure that you have job security and aren’t treated unfairly while working in Germany. Here are some of the best-paying jobs after graduating from some of the best MBA colleges in Germany for Indian students.

Job Title

Annual Salary

Business development manager

191,000 euros

Operations Manager

143,000 euros

Strategist

218,000 euros

Project manager

147,000 euros

General manager

183,000 euros

 

Depending on what kind of MBA specialization you opt for, there are different job opportunities for you. Whether you graduate from the best public MBA colleges in Germany or private ones, the job opportunities remain the same. Some job opportunities after popular MBA specialization are listed below:

  • MBA finance – associate director, chief financial officer, finance manager, project lead, et cetera.
  • MBA Marketing – marketing officer, Marketing Street, digital marketing specialist, digital marketing manager, et cetera. 
  • MBA management – project management, branch manager, assistant manager, and other managerial roles. 
  • MBA human resources – human resource manager, recruiter, consultant, employee relations, manager, employee relations, officer, chief people, officer, etc

Finding jobs in Germany is not a hard task. Germany has a federal employment agency known as the Stellensuche, which is the largest employment portal in the country. Through this portal, you can find jobs nationwide and customize your preferences based on your resume and job position after graduating from the best MBA finance colleges in Germany. 

MBA application process in Germany - TerraTern

Some other job portals you can use are:

1. Indeed

2. Stellenanzeigen.de

3. StepStone

4. Meinestadt.de

5. Arbeitsagentur

6. Kimeta

7. Monster Deutschland

8. Xing Stellenmarkt

Top Recruiters of MBA Graduates in Germany 2024

Once you graduate from some of the best colleges in Germany, you have ample job opportunities. However, it is important to know who the top recruiters are for MBA graduates in the country. Germany is known for technological and AI-based advancements, so you can expect a decent-paying job at one of the money, many companies in these fields in Germany. Germany is also home to a lot of multinational corporations, so you might end up planning a job with one of these MNCs. Here are the top recruiters of MBA graduates from the best MBA colleges in Germany for Indian students.

  • Volkswagen

  • Mercedes

  • McKinsey and Company

  • Deutsche Telecom

  • Accenture

  • Hays

  • Robert half

  • Deutsche bank

  • BOSCH

  • Porsche

  • BMW

  • Siemens

These are the top companies hiring from the best MBA finance colleges in Germany.

Scholarships for MBA Colleges in Germany 2024

While public universities can still be easier to afford, some of the best MBA colleges in Germany are private institutions. They can be quite pricey and cost a lot, but thankfully, many scholarships can cover your education in Germany. MBA is one of the best fields in which to avail yourself of a scholarship. All the best MBA colleges in Germany offer scholarships for Indian students that you can avail yourself of to fulfil your educational dream of studying at the best MBA finance colleges in Germany. Here are some of the best scholarships that you can avail yourself of to study at some of the best MBA colleges in Germany.

Scholarship Name

Education Level

Criteria

Amount Awarded

ESMT MBA Scholarship

MBA at ESMT 

Candidate should have a score of 85th percentile or above in GRE or GMAT

3000 euros

Women in Business Scholarship

Master's and Doctoral Degrees

Female candidates only with a commitment to excellence in business

7500 euros one-time award

HHL Women in Business Scholarship

MBA 

Female candidates only with a commitment to excellence in business, at least three years of work experience, and a bachelor's degree

25 per cent of the tuition fee

Deutschlandstipendium

Bachelors and Masters degrees

High-achieving students who have overcome personal challenges

300 euros per month

DAAD

Master's and Doctoral Degrees

Have work experience of at least two years and have completed your bachelor's degree in the last six years

850 euros for masters students and 1200 euros for doctoral students per month

JN Tata Endowment Scholarship

Masters degree

Students holding a bachelor's degree from a recognized indian university

Covers tuition fees

Konrad Adenauer Foundation (KAS) scholarship

Master's and Doctoral Degrees

High-achieving students looking to complete postgraduate studies

861 euros for masters students and 1200 euros for doctoral students per month

Hani Zeini scholarship

Bachelors and Masters degrees

No specific criteria

1000 euros 

 

Conclusion

Whether you are looking for the best public MBA colleges in Germany or private ones, there are many options for you to explore and consider. Germany is a pioneering country in higher education and has a lot of unique prospects and perks that you can access if you study here at the best MBA finance colleges in Germany. The best MBA colleges in Germany offer many experiences and learnings beyond the classroom. Study in Germany to ensure a successful approach to your future and keep all the possibilities open. Studying in Germany before getting a job also helps with other PR and immigration factors. We hope this blog on the best MBA colleges in Germany helped. Good luck! 

To secure admission to an MBA and to find out the best MBA colleges in Germany, TeraTern can help you go through it in a very simple way!

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Frequently Asked Questions

What are the admission requirements for MBA programs in Germany?

The admission requirements for the best MBA college in Germany are as follows: A bachelor's degree Valid passport Work experience as recommended Fluency in German, at least till the B1 level for German MBA courses IELTS score of 6.5 or above Suitable GRE/GMAT scores

Are there scholarships available for international students in German MBA colleges?

Yes, there are various scholarships available for international students who wish to study at the best MBA colleges in Germany. There are many scholarships offered by foundations, countries, and other institutions. Some of the best MBA colleges in Germany also offer country-specific and merit scholarships.

How does the cost of living in Germany impact MBA students?

The cost of living in Germany is quite affordable. On average, students do not spend more than €600-€800 per month. Plus, if you study in the best MBA colleges in Germany, you can also avail of scholarships and grants that can cover your cost of living expenses.

What are the employment prospects for MBA graduates in Germany?

There are many job opportunities for students graduating from the best MBA colleges in Germany. There are a lot of job openings for MBA graduates, so you do not need to worry about job security. Moreover, the best MBA course in Germany also offers industry connections and tie-ups, which you can avail yourself of.

Can international students work part-time while pursuing an MBA in Germany?

Yes, international student students can work part-time while pursuing an MBA in Germany. Some of the best MBA colleges in Germany also offer part-time MBA options so you can work while studying and manage your expenses accordingly.