About 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 Business Schools
Ludwig Maximilians University of Munich
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. 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/semester is mandatory. Overall, the cost of living won’t exceed 800EUR/month.
The LMU is one of the most prestigious and traditional universities in Europe. It combines outstanding research with a challenging range of courses
Acceptance Rate- 55%
International Students- 15%- Enrollment : 50,918
- Highest Degree : Doctorate
- Type of University: Technical University
- University status: Public-private partnership
Acceptance Rate- 8%
International Students- 38%- Enrollment : 44,000
- Highest Degree : Doctorate
- Type of University: Technical University
- University status: Public-private partnership
Technical University of Munich
The university came into existence in the year 1868 and excels in the field of research and training. They rank 225 in the world, 74 in Europe, and 2 in Germany in Business studies. Moreover, a few 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 to around 900EUR per month. TUM is consistently ranked among the leading universities in the European Union and its researchers and alums include 16 Nobel laureates and 23 Leibniz Prizes.
TUM is ranked first in Germany in the fields of engineering and computer science, and within the top three in the natural sciences.
University of Mannheim
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. 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 of Mannheim is Germany’s best university in Economics and Business Administration. In the QS World University Rankings by Subject, the University of Mannheim ranks number 115 worldwide in the Social Sciences and Management category – a great result.
Acceptance Rate- 35%
International Students- 14.10%- Enrollment : 11,800
- Highest Degree : Doctorate
- Type of University: Research University
- University status: Public-private partnership
Acceptance Rate- 25%
International Students- 20%- Enrollment : 23,321
- Highest Degree : Doctorate
- Type of University: Technical University
- University status: Public-private partnership
Karlsruhe Institute of Technology
The university came into existence in the year 2009 and is among 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. 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.
KIT is among the leading technical universities in Germany and Europe and established the first German faculty for computer science in 1972. KIT is a German university with the strongest research in engineering and natural sciences.
RWTH Aachen University
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. 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.
RWTH Aachen University is the largest university of technology in Germany and one of the most renowned in Europe. Every year, numerous international students and scientists come to the university to benefit from its high-quality courses and excellent.
Acceptance Rate- 10%
International Students- 13%- Enrollment : 44,517
- Highest Degree : Doctorate
- Type of University: Technical University
- University status: Public-private partnership
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.
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