Top 10 Universities for MBA in Germany
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Top 10 Universities for MBA in Germany

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Aishwarya
Aishwarya Bhatnagar
Study Abroad Expert
Updated on Aug 13, 2024 13:51 IST

Germany is one of the top study destinations for international students, especially for MBA aspirants. Some of the business schools such as Frankfurt School of Finance & Management, Mannheim Business School, WHU (Otto Beisheim) rank among the top 100 Business Schools in the world as per the QS Global MBA rankings 2024. In this article, you will find the top 10 universities for MBA in Germany, course details, and other details.

Top 10 Universities for MBA in Germany

Top 10 Universities in Germany for MBA: Over the years, Germany has become one of the top destinations for international students wanting to study abroad. Germany is home to some of the top universities, which offer a variety of courses for the interested. State-of-the-art universities equipped with the latest amenities, low tuition costs, and an economy that supports jobs are some of the top reasons that many Indians and international students apply to the German country every year.

MBA has over the years become one of the top courses to pursue with the millennial. MBA programs are designed to provide students with hands-on experiences to become leading entrepreneurs in their field of study. Be it an MBA in Management or an Executive MBA in Finance. Studying MBA has gone on to become the reason behind most success stories and this trend is here to stay.

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We have in our earlier articles talked in detail about pursuing MBA in Germany. We have talked about Blocked Account and why they are mandatory to study in Germany. In this article, we are going to solely focus on the top 10 universities for MBA in Germany, and provide a little peek into each university for the benefit of our readers.








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Top 10 Universities for MBA in Germany

As mentioned earlier, in this article, we are solely going to talk about the top 10 MBA universities in Germany for the benefit of our readers. Candidates can take a look at the popular universities for MBA in Germany and know about the educational institutions below.







Frankfurt School of Finance & Management (FS)

The Frankfurt School of Finance and Management is a non-profit institute established in the year 1957. Located in Frankfurt, the institute also has two study centers in Munich and Hamburg that offer bachelor's, master's, MBA, doctoral, and executive education programs to interested candidates. Its academic excellence in Management courses has helped it secure the rank #45 in QS Global MBA Rankings 2024. Some of the top specializations/electives that you can take up are:

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Advanced Management: Negotiations, Organizational Design, Agile Management, Family Business, Supply Chain Excellence & Sustainability, Lean Start-up Bootcamp, New Product Development, Digital Marketing, and International Electives.

Finance & Technology: Managing & Digitalizations, Sustainable Finance, Alternative Investments & Future of Finance, Capital Markets, Merger & Acquisitions, Artificial Intelligence, Blockchain, Fintech, Digital Marketing, and Applied Business Analytics.

For students looking to know about the various courses available at the Frankfurt School of Finance & Management, click here.

University of Mannheim

The University of Mannheim is one of the top universities offering a full-time MBA program to international students looking to pursue business studies abroad. When it comes to rankings, the Mannheim Business School has obtained the rank #46 in QS Global MBA Rankings 2024. You can choose to pursue one the following specializations or electives offered at the university: Data Science for Business, International Marketing, Systematic Creativity in Business, Responsible Business Negotiation, Global Corporate Strategy, New Perspectives in Entrepreneurship, Mergers and Acquisitions, Supply Chain Management, Capital Markets and Investment Strategies, Global Digital Technology Management, Applied Corporate Finance, and AI and Machine Learning Fundamentals.

Candidates can check out other courses available at the University of Mannheim, here.

WHU – Otto Beisheim School of Management

One of the top schools for pursuing a program in management, WHU – Otto Beisheim School of Management has been ranked among the best universities for business studies by ranking aggregators by Financial Times, Times Higher Education, and The Economist. In QS Global MBA Rankings, this business school has obtained the rank #58. Established in 1984 by the Koblenz Chamber of Commerce, the school is also well known for its entrepreneurship programs and has the fourth-highest number of unicorn founders in the world. Some of the top specializations/electives that you can take up are: General, Entrepreneurship, Project and Process Management, and Engineering Management.

HHL Leipzig Graduate School of Management

One of the oldest universities in Germany, Leipzig University has engaged in teaching and research for over 600 years without interruption. In QS Global MBA Rankings 2024, its business school HHL Leipzig Graduate School of Management has secured a rank in the range #121-130. The university provides several bachelor's and master’s degrees for interested candidates and is especially known for its superior business programs for candidates looking to pursue entrepreneurial studies. This business school offers the following specializations/electives:

Quantitative Economics: International Macroeconomics, Managerial Decision Making, Coding & Data Literacy, and International Study Trip.

Entrepreneurship: Disruptive Technology & Business Models, and Entrepreneurship.

Finance & Accounting: Financial Analysis & Modelling, and Entrepreneurial Finance.

Business Management: Organizational Behavior, Value Chain Management, and Competitiveness.

Candidates looking to pursue courses at the Leipzig University can check out the same here.

Related Reads:

Cost of Living in Germany

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Scholarships for Germany

10 Most Affordable MBA Colleges in Germany

European School of Management and Technology (ESMT) Berlin

The European School of Management and Technology also referred to as ESMT Berlin is a top university offering a full-time business course to international students. This European school is a non-profit business school that was founded in 2002 by 25 leading global companies and institutions. When it comes to the QS Global MBA Rankings 2024, the EU Business School has secured a rank in the range #141-150. For the benefit of our readers, we have listed below the specializations/electives in the different campuses of the EU Business School:

Barcelona Campus: International Business, Digital Communication, International Marketing, Global Banking & Finance, Entrepreneurship, Digital Business, and Sports Management.

Geneva Campus: International Business, International Marketing, Global Banking & Finance, Leisure & Tourism Management, Digital Business, and Sports Management.

Munich Campus: International Business, International Marketing, Global Banking & Finance, Digital Business, Sports Management, Business Administration, Project Management, Cloud Computing, and Information Systems.

Digital Campus: International Business, Digital Communication, International Marketing, Global Banking & Finance, Entrepreneurship, and Digital Business.

Technical University of Munich (TUM)

The Technical University of Munich is amongst the best universities in Europe that offers a multitude of courses to the students looking to take admission to the university. The academic faculties of the university are divided into four campuses. The main campus is in Munich followed by campuses in Garching, Weihenstephan, and Straubing. The specializations offered by the university for MBA are Innovation & Entrepreneurship, Marketing, Strategy & Leadership, Operations & Supply Chain Management, Finance & Accounting, and Economics & Policy. Candidates can check out the various courses at the Technical University of Munich here.

Technical University of Berlin (TUB)

The Technical University of Berlin is a prestigious research institution in Berlin, Germany. In addition to the main campus, the university has other two campuses in Berlin, one in the industrial area of Wedding and the second in gasometer place in Schöneberg. Check out TUB Admission FAQs, here. The Technical University of Berlin is popular for its engineering programs in the field of computer science, economics and management, mathematics, planning, human sciences, process science, and mechanical engineering. For MBA, the specializations offered are Building Sustainability, Energy Management, and Sustainable Mobility Management. Candidates can check out the various courses available at the university here.

University of Bonn

Situated in Bonn, North Rhine-Westphalia, Germany, the University of Bonn is a public research university. Founded in 1818, this university holds a good reputation amongst Germany's top institutes for higher education as well as amongst the world's research-based universities. The University of Bonn comprises seven faculties - Catholic, Protestant Theology, Law & Economics, Mathematics & Natural Sciences, Arts, Medicine, and Agriculture that offer various courses to students looking to study at the university.

Also Read: University of Bonn Admission

University of Cologne (UoC)

One of the leading universities in Germany, the University of Cologne is one of the most well-recognized universities across Europe. The university is divided into six faculties and features 200 fields of study. These include Faculty of Management, Economics, and Social Science, Faculty of Medicine, Faculty of Arts and Humanities, Faculty of Mathematics and Natural Science, Faculty of Law, and Faculty of Human Science which are further divided into departments and courses. For the MBA course, you can choose amongst the five specializations offered: Accounting & Taxation, Corporate Development, Finance, Marketing, and Supply Chain Management. Check out courses at the University of Cologne, here.

Free University of Berlin (FU)

The Free University of Berlin was established in 1948 by the students and professors. The initiative was to incorporate a free university and was strongly supported by the masses and gained plenty of financial aid. Currently, the university has 12 academic departments, four multi-disciplinary central institutes, and one merged medical school with the Humboldt University of Berlin. The Free University of Berlin has four major campuses. Check out the various courses available at the university here.

Read: Free University of Berlin (FU) Admission FAQs

Study in Germany for Free

Public Universities in Germany: There is a lot of interest of students over public universities in Germany and the free education that entails. While many universities require applicants to have a basic understanding of the German language as part of their admission requirements, many public universities in Germany have courses in English.

Also Read: Candidates can check out the steps to study in Germany for free, here.

We would love to hear from you. Leave your comments below or get in touch with our counselors, here.

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Top 10 Universities for MBA in Germany FAQs

Q. What are the top MBA colleges in Germany?

A. Some of the best MBA colleges in Germany are the Frankfurt School of Finance & Management, University of Mannheim, WHU – Otto Beisheim School of Management, Leipzig University, ESMT Berlin, Technical University of Munich, Technical University of Berlin, University of Bonn, University of Cologne, Free University of Berlin, etc.

As per the QS Global MBA Rankings 2024, the top business schools in Germany are:

Business School QS Global MBA Ranking 2024
Frankfurt School of Finance & Management #45
Mannheim Business School #46
WHU (Otto Beisheim) #58
HHL Leipzig Graduate School of Management #121-130
EU Business School #141-150
Hochschule Bremen #251+

Q. Which college is free for MBA Germany?

A. Public universities in Germany do not charge any tuition fees. Hence, they are free for international students. You can study MBA for free in the following German universities: University of Mannheim, Technical University of Munich, Technical University of Berlin, University of Bonn, University of Cologne, Free University of Berlin, University of Stuttgart, Leipzig University, Humboldt University of Berlin, and many more.

Note that even though these universities do not charge any tuition fee, you will have to pay a semester fee ranging between EUR 150 - EUR 300 (INR 13.7 K - 27.5 K).

Q. Is German MBA valid in India?

A. Yes, all German degrees are valid in India, and so is the MBA degree. Germany is renowned for its academic excellence and a degree from a university in Germany adds a lot of value to your profile.

Q. Is GMAT compulsory for MBA in Germany?

A. No, it is not compulsory to take the GMAT exam to study MBA in Germany as several universities offer admissions even without a GMAT score. Some of the B-schools such as Cologne Business School, Technical University of Munich, Leipzig University, University of Stuttgart, Berlin School of Economics and Law, and many more, do not have a mandatory GMAT requirement as part of the application process.

Q. Can I get job after MBA in Germany?

A. Master of Business Administration (MBA) graduates in Germany excel in their career. On a usual basis, the graduates get a starting salary of EUR 50,000 (INR 46 L) to EUR 80,000 (INR 73.5 L) per annum. Note that this salary is expected to grow every year, based on your skill set and performance. Some of the job roles that you can take up are listed below:

  • Management Consultant
  • Human Resource Professionals (HR)
  • Financial Analyst
  • Entrepreneur
  • Product Manager
  • Health Administrator
  • Marketing Manager
  • Sales Manager
  • Operations Manager

Q:   Is BSBI degree valid in Germany?

A:

BSBI does not hold degree-awarding powers in Germany and its programmes are validated by private Italian distance learning institution UniNettuno International Telematic University. BSBI has also partnered with Concordia University Chicago to deliver programmes at its Berlin campus.

Q:   What is the cost of a student visa in Germany?

A:

International students going to pursue higher education in Germany are required to apply for a German study visa. The cost of  study visa for Germany is EUR 75 per applicant. Below we have provided a check list for German student visa:

  • Valid passport
  • Application form
  • Declaration for additional contact and legal representation information
  • Copy of passport
  • Proof of admittance to the study course
  • Curriculum Vitae
  • Proof of Financial Means

Q:   Why study at IU International University of Applied Sciences Germany?

A:

IU International University of Applied Sciences courses are state accredited and recognized internationally. The university is known as Germany’s largest private state-accredited university. Students can learn a mix of online self-study and classroom learning (2-3 days per week) alongside their peers. IU University Germany is the 1st German university to be a member of the Association of Indian Universities (AIU). Hence, it is one of the best study abroad universities for international students.

Q:   How can I get admission to IU Berlin?

A:

International students who wish to study at IU Berlin can apply for admission online through official wesbite. Students must follow the below points to apply easily for IU International University of Applied Sciences admissions:

  • Visit the website and check the list of IU Germany courses
  • Choose your programme
  • Apply online using official website
  • Submit your contract
  • Start your studies

Q:   What is the ranking of Heidelberg University Germany?

A:

According to the QS World Rankings 2024, Heidelberg University Germany has a ranking of #87 in the world. Some of the world rankings at the university are given as follows:

Year QS World Rankings 
202066
2021NA
202263
202365
202487

Q:   What are the requirements for Delft University of Technology?

A:

TU Delft has its own criteria that vary as per the programs for international students. We have mentioned below the Delft University of Technology requirements for international students:

For Undergraduate Admission

·      Must have a secondary school Diploma equivalent to the Dutch pre-university

·      Required examination subjects as per the program

·      English Language Proficiency test score

For Graduate Admission

·      A bachelor’s degree

·      Must achieve a cumulative GPA of at least 75% in bachelor’s degree

·      English Language Proficiency test score

·      Additional test score of GMAT/GRE (if applicable)

Q:   Is Frankfurt University of Applied Sciences Germany free?

A:

Yes Frankfurt University of Applied Sciences is free for students. However, applicants need to maintain certain criteria to get free tution fees. Some of the courses in which Frankfurt University has free tution fees are courses like Accounting & Finance, Advanced Architecture, General Computer Science, General Mechanical Engineering, Applied Nursing Science, Business Administration, Architecture, Aviation & Tourism Management, and more. But the tuition fee for an MSc in urban agglomeration is INR 5.39 L ( which is low compared to other countries. 

Q:   Is KIT Germany free for international students?

A:

As per Article 3 LHGebG (Baden-Württemberg Act on State University Fees), international students from third-countries / Non-EU countries attending bachelor’s, teacher’s, and consecutive master’s programs and free movers will have to pay the tuition fee of amount EUR 1,500 per semester. Students can check the cost of living in Germany for International Students from here.

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Written by
Aishwarya Bhatnagar
Study Abroad Expert

Aishwarya is a professional Writer currently working as a Study Abroad Expert in the Editorial Team at Shiksha. She has over 5 years of experience and is skilled at creating Online Content with leveraged knowledge i... Read Full Bio

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Chandra
MBA, MS & UG in Europe

Chandra has been mentoring students for the past seven years and has expertise in overseas counseling for those applying to Sweden, Germany, France, and Ireland. He is a people person and enjoys interacting with peo... Read Full Bio

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