Best Business Schools in Germany
Since there are many best business schools in Germany hence it can give wings to your dream of an MBA degree from abroad. They are among the most prestigious ones in the World. Moreover, as per QS top rankings, Germany has secured a place in the top five nations for top business schools. Hence, securing a business degree from Germany would be the smartest task keeping your career in mind.
Why opt for Germany?
Even though there are many reasons to opt for Germany however a few remarkable ones that grab the attention of international students include:
- Comparatively cheap cost of living with subsidized or no tuition fees while availing public universities.
- As per the Association of German Chambers of Commerce and Industry, 1.5 million skilled international workers are in urgent demand.
- Since a German graduate’s pay grade is many-fold higher than in developing countries, hence students stay back post-graduation.
- Impeccable quality of education attracts traffic from abroad.
- Germany is the operating hotspot for the world’s top organizations for instance BMW, Volkswagen, Amazon, Adidas, etc. Consequently, it is worthwhile for students pursuing business studies.
Top 5 Best Business Schools in Germany
Even though there are numerous universities offering Business degrees however the Top 5 best Business Schools in Germany include:
The university was established in 1472 and is one of the German universities of excellence. They have a standing of 219 in the world, 71 in Europe, and 1 in Germany in Business studies. Additionally, out of the 52,451 students enrolled, 9353 are from abroad. The faculty of business administration focuses on research-based and project-driven studies. The course covers varied fields of study for instance fiscal law, corporate finance, IP systems, software industry, consumer behavior, negotiation skills, and HR development. Even though there are no tuition fees yet a semester contribution of 144.40EUR/sem is mandatory. Overall, the cost of living won’t exceed 800EUR/month.
The university came into existence in the year 1868 and excels in the field of research and training. They have a ranking of 225 in the world, 74 in Europe, and 2 in Germany in Business studies. Besides, out of the 45,356 students enrolled, 34% are International. The department offers an interdisciplinary course culminating theoretical approach to economic reality. Moreover, a few of the dynamic courses such as business ethics, business education research, innovation, and entrepreneurship, finance, and accounting are offered. Even though there are no tuition fees yet a semester contribution of 150EUR/sem is mandatory. The total cost of living would come around 900EUR per month.
The university came into existence in the year 1907 and excels in the field of research and training. They have a ranking of 246 in the world, 83 in Europe, and 3 in Germany in Business studies. Besides, out of the 12,054 students enrolled, 18.6% are International. The faculty of business administration has earned the internationally acclaimed triple crown. The various lucrative courses offered include business ethics, microeconomics, management and cost accounting, and strategies of negotiation. Non-EU students must pay 1500EUR/sem as tuition fees and 194.30EUR/sem as semester contribution.
The university came into existence in the year 2009 and is amongst the largest research universities in Germany. They have a standing of 265 in the World, 90 in Europe, and 4 in Germany in Business studies. Also, out of the 23,321 students enrolled, 16 % come from abroad. The university mainly specializes in construction and project management, risk management, operations research, information systems, supply chain management, and engineering management. Non-EU students must pay 1500EUR/sem as a tuition fee and 154EUR/sem as a semester contribution. Overall, the expenses would be around 600-800EUR/month.
The university came into existence in the year 1870 and has a phenomenal record in industry and research. They have a standing of 281 in the world, 97 in Europe, and 5 in Germany in Business studies. Also, out of the 47,173 students enrolled, 12,477 are international. Besides the regular course, 4 specializations are offered namely sustainability and corporations, operations research and management, innovation, entrepreneurship and marketing, and finally corporate development and strategy. Even though there are no tuition fees yet a semester contribution of 300EUR/sem is mandatory. The expenses would not exceed 900EUR/month.
Settling in Germany with a business degree is fairly easy, all you need is a German residence permit. Thus, business studies have become a sought-after field among youngsters. Additionally, it is the 4th largest economy in the World hence business-related industries are growing at a remarkable pace. Consequently, there is an additional drive for hiring skilled professionals in this particular field.