Germany is an excellent choice for international students looking to expand their careers in Europe. Moreover, as the continent’s economic powerhouse, it is also a natural destination for many aspiring MBA students. Due to the increasing number of MBA programs being taught in English, Germany is becoming a desirable destination for international students. From the automobile industry in the south to the start-up hub in Berlin, Germany has plenty of opportunities for business graduates.
Top 5 MBA programs in Germany
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The Mannheim Business School
The Mannheim Business School is a division of the University of Mannheim. It offers various international MBA programs. Some of these include the Mannheim Executive MBA, the MANNHEIM Executive MBA, and the TongJI Executive MBA.
The school also offers a variety of non-degree programs, such as digital learning and executive education.
Average GMAT- 650
Average GPA– 3.5
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WHU- Otto Beisheim School of Management
WHU’s Otto Beisheim School of Management is a German business school founded in 1984. It has two main campus locations in Dsseldorf and Vallendar. As of September 2021, there were 1,880 students enrolled at the school.
The school is known for its Master of Management program, featured in numerous publications. It also offers numerous double degree programs.
GMAT score – 550 to 800
Average GPA– 3.52
2. The EBS University
The EBS University is a leading private university in Germany. Its three schools – the Law School, the Business School, and the Executive School – are dedicated to teaching tomorrow’s leaders.
The university’s international orientation and proximity to business make it the ideal place to grow into the future. It also has a network of international partner schools and companies.
GMAT score – 580-720
Average GPA– 3.38
3. The European School of Management & Technology
The European School of Management & Technology is a private business school based in Berlin, Germany. It was founded in 2002 by various global companies and institutions, such as T-Mobile and The Boston Consulting Group. This institution offers multiple programs, including a full-time MBA and an executive MBA.
It is considered one of the most prominent business schools in Europe. Furthermore, it is one of the few schools in Germany that has triple accreditation from various organizations.
Average GMAT– 640
Average GPA– 3
4. HHL Leipzig
HHL Leipzig is a private business school founded in 1898. It is one of the oldest business schools in the world. The AACSB internationally accredits it.
The Leipzig Chamber of Commerce originally founded it, and in 1946 it was integrated with the University of Leipzig. Following the Second World War, it was re-established in 1992.
Average GMAT– 640
Average GPA– 3.38
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Average Salary for Mba Graduates in Germany
The position of an MBA in Germany is a crucial part of an organization’s operations and determines the average salary that one can expect to earn. In addition, there are various job roles that one can take on in an organization.
Role |
Job Description |
Average Annual Salary in US Dollars |
Business Development Manager | Communicating with potential clients and creating marketing campaigns. | 1,85,398 |
Consultant | The planning of commercial initiatives for clients is their responsibility. | 1,54,939 |
General Manager | The overall management is the responsibility of a general manager. A particular task position does not define their profession. | 18,009 |
Product & Project Manager | Assuming leadership of the product or project and arranging its management, development, and budgeting. | 1,45,668 |
Strategist | Developing and accessing approaches that aid in achieving the organization’s objectives. | 2,14,528 |
Marketing Manager | Determine a product’s core demographic and develop pricing models | 1,27,127 |
Human Resource Manager | The administrative activities concerning the organization’s employees rely on them. | 1,08,588 |
Key Customer Manager | Developing a comprehensive understanding of the needs of clients and their expectations. Continually presenting solutions that meet their needs. | 96,670 |
Conclusion-
Salaries for MBA graduates in Germany are high. Also, the return on investment from studying at various schools is higher than that of other graduates. Aside from being a highly desirable place to study, Germany also has numerous other advantages. One of these is its high standard of living and its global connection.