MBA Programs In Germany For International Students

MBA Programs In Germany

The ‘Oktoberfest’ isn’t the only thing that draws tourists from across the world to Germany. Education is another draw, albeit it does not receive nearly as much media attention. We’ll go over why Germany is becoming a popular location for foreign students, as well as a list of the best business schools, their rankings, tuition, and graduation incomes in this post.

Germany is a technological, scientific, and innovation leader. It has the largest economy in Europe and the fourth largest in the globe. It is significantly more stable than the US economy, which, although being the largest, experiences dramatic highs and lows. Germany also has some of the world’s greatest universities, with four ranking in the top 100 and eleven in the top 200. The cherry on top is that tuition at German public colleges is almost free.

Over 300,000 international students study in Germany. That’s more than a quarter of the whole student body. In a few years, it is predicted to reach 350,000. So, where does a German MBA come into play here?

Even though Germany has not historically been regarded as a top location for MBA programs, it is steadily improving. In the Financial Times Global MBA Rankings, Germany’s Mannheim Business School and ESMT are ranked among the top 100 business schools.

Germany hasn’t done as well in the MBA Rankings as many other nations. However, there are several additional compelling reasons to get a business degree in Germany. Consider some of the advantages of studying in Germany.

Why study in Germany

More qualified workers are needed in Germany. Germany’s workforce is becoming more deficient. Germany is at risk of losing highly skilled workers due to extraordinarily low birth rates. One of the main issues in keeping the powerful economy afloat is this.

By 2025, it is predicted that there will be a shortfall of about 7 million people in the labor force. To close the deficit, Germany will require around 1.5 million foreign professionals. Attracting and retaining highly educated and talented individuals is a national goal for Germany.

As a result, Germany has started issuing EU Blue Card work permits.

Benefits: Non-European Union (EU) nationals are now allowed to work in Germany.

Conditions: Candidates must have a job offer with a salary of at least 46.000 euros ($54.000).

Validity: 4 years with the chance to seek permanent residency at the end of the period.

A favorable work-life culture

Germany has a great work-life balance. In addition to facilitating access to the rest of the EU, Germany has a very healthy work-life balance. Labor rules are stringent. You can work fewer than 40 hours each week on average. You’ll also have 30 days off to practice yoga in solitude. And if that wasn’t enough, Germany is also regarded as one of the best countries in which to raise a child. Parental leave, as it’s known, is a legal right for both parents to take time off work until their kid becomes three years old. It lasts 14 months and can be completed by either parent individually or together.

Their jobs are safe, and they are eligible for up to two-thirds of their salary during their absence! That is Germany’s gracious method of holding a baby shower for new parents.

The majority of Germans, especially in the larger cities, are fluent in English. But there’s a catch, which we’ll discuss shortly.

Cost of living

Germany is one of the top 20 nations for MBA graduates in demand, as well as one of the top ten countries for post-MBA incomes. Given that German education rates are far cheaper than those in the United States, you may expect to live a relatively debt-free living.

Property costs are cheap, and occupants may enjoy a very comfortable lifestyle. Here’s a short rundown of the cost of living in two major German cities.

The remainder of Germany differs slightly from these figures. The crime rate is minimal, and the quality of life is excellent.

Top MBA Schools in Germany

Now let’s look at the best MBA programs. The finest B-Schools in Germany for an MBA degree are listed below.

Let’s look at the program duration and tuition fees you can expect.

What you should be aware of

Despite all of the positive aspects we’ve discussed, overseas students should be aware of certain disadvantages. Language barriers and a cultural divide are the two most significant.

Knowing German can help you acquire better career opportunities in Germany once you finish your MBA. So, if you’re considering Germany as a place to further your education, you might want to consider enrolling in German classes. Make careful to examine each program and how it matches your needs and professional objectives before applying.