Top 10 Private MBA colleges in Germany
Before getting into the Top 10 Private MBA colleges in Germany, it’s imperative to grasp the essence of the course. The branch deals with Investment management and business administration. Moreover, the core sectors covered in MBA include human resources, business ethics, business management, accounting, and applied statistics. Also, it is a professional degree rendering students with multiple job opportunities once they graduate.
Pursuing MBA as a career
An MBA degree efficiently equips students with the much-needed skillset to implement in business practices. Moreover, an MBA degree from a recognized global university will aid in achieving lucrative employment opportunities in the job market. Students can hone their skills and opt for a plethora of career options namely business analyst, investment banker, product analyst, operations manager, etc. For Indian students, a bachelor’s degree and 2-3years of work experience are mandatory before applying for a Master’s degree in this field in Germany. MBA graduates from Germany can get handsome packages.
Top 10 Private MBA colleges in Germany
The university came into existence in the year 1984 and is a leading German business school. They have a standing of 2015 of 14,160 in the world, 651 of 2,789 in Europe, 87 of 370 in Germany,5 of 18 in Rhineland-Palatinate, and 1 of 2 in Vallender. Apart from that, the University has secured a rank of 162 of 1,031 for Tax Law. Besides, out of the 1,665 students enrolled, 243 amount to exchange students. The university is well-equipped to explore various programs such as full-time, part-time, and global online MBA. Besides, the full-time program is a 1yr course.
The core modules include financial accounting, world economy, managerial finance, operations management, strategic sourcing, and marketing. Meanwhile, the elective modules will handle creating impact, executing strategy, and sharpening financial acumen. Full-time MBA program costs around 40,500EUR/year(including tuition fee and semester contribution). Apart from that, 850EUR/month will be enough to cover the personal expenses.
The university came up in the year 1957. Also, they have a student population of 2,685. They have a standing of 2203 of 14,160 in the world, 697 of 2,789 in Europe, 91 of 370 in Germany, 7 of 22 in Hesse, and 2 of 7 in Frankfurt am Main. Apart from that, they have secured a rank of 389 of 1,229 for Finance. They offer internationally accredited MBA and EMBA programs. Besides, the full-time MBA program is for 12 months.
Moreover, a variety of core modules are illustrated for instance global economy, marketing, corporate finance, business in society, and ethical leadership. Alternatively, the elective courses are fairly limited such as the finance track(capital markets, green finance trackers), the management track(digital marketing, boot camp), and the technology track(AI, blockchain). They charge a tuition fee of 39,000EUR for the entire course. Graduate students earn an average salary of 67,000EUR annually as per the statistics of 2020. Besides, 800EUR/month will be enough to cover the living expenses.
The business school came into existence in the year 2002 and aims to provide a platform to aspiring MBA students. Additionally, they have a student population of 575. They have a standing of 3747 of 14,160 in the world, 1049 of 2,789 in Europe, 152 of 370 in Germany, 14 of 46 in Brandenburg, and 10 of 36 in Berlin. Apart from that, they have secured a rank of 569 of 1,046 for Intellectual property and patent law. They offer various programs for example master in management, full-time MBA, part-time MBA, global online MBA, and executive MBA. Moreover, the full-time program is a 14month course.
The core and specialized modules include accounting, organizational behavior, managerial decision making, data analytics, strategic leadership, innovation and entrepreneurship, and negotiation fundamentals. Similarly, a range of elective courses are available such as machine learning, design thinking, entrepreneurial strategy, and matchmakers in the digital economy. Besides, the full-time MBA costs around 43,500EUR/year(including the semester fee and tuition fee). Apart from that, the cost of living may come around 900EUR/month.
The university came into existence in the year 2003 and has an interdisciplinary approach. They have a standing of 2742 of 14,160 in the world, 802 of 2,789 in Europe, 103 of 370 in Germany, and 11 of 62 in Baden-Wurttemberg. Apart from that, they have secured a rank of 685 of 1,031 for international economics. The university offers numerous mind-boggling courses such as corporate management and economics, general management, transformation management in digital sciences, and public management and digitalization. Besides, the tuition fee amounts to 21,960EUR for the entire course. Apart from that, 600-800EUR/month is enough to cover the living expenses.
The university came up in the year 2001. Also, 1500 students from around 110 countries have enrolled. They have a standing of 1380 of 14,160 in the world, 485 of 2,789 in Europe, 73 of 370 in Germany, 2 of 6 in Bremen state, and 2 of 5 in Bremen city. Apart from that, they have secured a rank of 230 of 1,021 for database administration.
They offer programs like supply chain management and data science for society and business. Some of the core modules include digital business models and society, AI in business and society, supply chain management, big data challenge, and purchasing and distribution. Alternatively, the range of elective courses offered encompasses sustainability economics, principles of consulting, supply chain finance, and data analytics in SCM. The tuition fee comes around 20,000EUR per academic year. Overall, 900EUR/month would suffice for personal expenses excluding tuition fees.
The university came to light in the year 2003. Its main agenda is to prepare deserving students for leadership positions in civil society, business and government. They have a standing of 2,685 of 14,160 in the world, 786 of 2,789 in Europe, 100 of 370 in Germany, 11 of 46 in Brandenburg, and 8 of 36 in Berlin. Apart from that, they have secured a rank of 343 of 1,009 for political economy. A total of 687 students come from 77 countries.
Some core modules include budgeting, designing, leading, and growing organizations. However, several elective and skillset courses are available for instance AI for decision-makers, conflict prevention and crisis management, negotiation and mediation, scenario building, and foresight. The estimated tuition fee is around 34,500EUR regardless of whether it is completed in a year or two. The expenses will not exceed 900EUR/month including health insurance.
The university came to light in the year 1898. Also, out of the 750 students enrolled, 35% come from abroad. They have a standing of 3,838 of 14,160 in the world, 1,074 of 2,789 in Europe, 157 of 370 in Germany, 10 of 19 in Saxony, and 4 of 6 in Leipzig. Apart from that, they have secured a rank of 795 of 1,031 for tax law.
The MBA courses are classified into full-time, part-time, and executive ones. However, we will simply deal with the full-time course. Moreover, the core aspects involve business administration and economics, leadership, and reflection, entrepreneurship, and disruption. Conversely, some eye-catching elective modules can be availed for instance strategic management, innovative business, decision making, value creation management, and marketing management. The tuition fees sum up to 38,000EUR for the entire course. Apart from that, 700EUR/month will suffice to cover the personal expenses.
The university’s inception took place in 1971. It is the first private university for business studies in all of Germany and has an impeccable record in teaching and innovation. Also, out of the 1,956 students, 1,297 are pursuing business studies. They have a standing of 2,884of 14,160 in the world, 847 of 2,789 in Europe, 113 of 370 in Germany, 10 of 22 in Hesse, and 1 of 2 in Wiesbaden. Apart from that, they have secured a rank of 716 of 1,007 for real estate and 1007 of 1229 for finance.
The full-time MBA course offers two different pathways for students to opt from among MBA and MBA plus. While the former is a 16-month course whereas the latter is a 20-month course covering specialization in management, finance, automotive management, and real estate. Several outstanding courses are covered for instance strategizing the future, managing growth, accounting for performance, leading yourself and others, funding the business enterprise, getting the job done, and understanding markets and environments. The tuition fees for an MBA course come around 23,500EUR while that of an MBA plus sums up to 33,500EUR for the entire course. The overall cost of living won’t exceed 700-900EUR/month.
The university came into existence in the year 1561. It is considered the most popular university in Germany for the year 2021. Also, out of the 4,855 students enrolled, 565 are international. They have a standing of 2184 of 14,160 in the world, 692 of 2,789 in Europe, 90 of 370 in Germany, and 12 of 45 in Bavaria. Apart from that, they have secured a rank of 827 of 1020 for hospitality and hotel management.
The master’s program presents a range of options for example business analytics and operations research, entrepreneurship and innovation, market-oriented management, finance, accounting, controlling, taxation, and business law. Besides, other master’s programs include taxation, business and psychology, tourism, and sustainable regional development. Even though there is no tuition fee however a semester fee of 56EUR/sem is mandatory. 750-800EUR/month will be more than enough to cater to personal needs including accommodation.
The university came up in 2003. It is amongst those few private universities in Germany entitled to provide doctoral degrees. They constitute 400 full-time students. They have a standing of 5,982 of 14,160 in the world, 1,579 of 2,789 in Europe, 229 of 370 in Germany, 9 of 18 in Hamburg state, and 9 of 18 in Hamburg city. Apart from that, they have secured a rank of 643 of 1,005 for supply chain management and 2114 of 4,080 for business.
MBA in leadership and supply chain management is an 18month course. The program encompasses 9 modules for instance economic and social foundations of global business, ethically competing in global business, organizing and managing global operations, developing valuable products for customers and society, organizational behavior and leadership, and sustainable supply chain operations. The tuition fee comes around 29,750EUR for the entire course. The living expenses won’t exceed 900EUR/month.
The above mentioned are the top 10 private MBA colleges in Germany. Thus, a variety of study programs are at your dispense. Meanwhile, searching for the right course solely depends on one’s subject interest. Since MBA is a professional degree hence there are no doubts regarding its efficacy. As per FT-rankings, the salary increment of MBA graduates from Germany range from 65-85%. Apart from that, subsidized study fees and an extension of study visas have now made Germany a lucrative destination for international students.