Germany boasts of having the strongest economy in Europe, representing some 21% of eurozone GDP. And a strong economy implies a steady demand for educated workers.
Traditionally, MBA was not the degree of choice in Germany, but due to the recent developments and transformations, 4 business schools of Germany have a place in the QS Global 200 MBA Rankings.
Germany attracts the largest number of international students after UK and US, despite the emphasis on learning German.
1. Manheim Business School
This is the top b-school in Germany according to both employers and academics. Students with at least 3 years of post graduation working experience can apply for this programme. The current course fee is € 36.000. The programme starts in September, and there are several scholarships available, as well as a Prodigy Finance Loan Programme for International Students.
- WHU Otto Beisheim School of Management:
The full-time MBA provided at WHU Otto Beisheim School of Management is among the most prestigious programmes in the world. It is a one-year programme which ends with the submission of a thesis. The total fee for the MBA program is € 36,900, and there are some financing options available too. The programme starts in two batches - March and September. Living costs in Düsseldorf are about € 750-800 per month.
EBS is a part of a family of business schools in London, Paris, Madrid and Milan. EBS Germany is one of the three b-schools in Germany equitted by EQUIS. Students with 3 years of working experience may apply for this programme. Fees for international students is € 33,500. Scholarships, Education Fund and Alumni Funds are some ways to finance your education.
- HHL Leipzig Graduate School of Management:
Founded at the end of 19th century, Leipzig is one of the oldest b-schools in the world. The programme starts in the fall and provides a 15 months long MBA. It boasts of 90% international students in every batch. Tuition fee is € 32,000, and there is an early bird discount as well. Here are the financing options.
Other than the world-class universities, Germany offers an excellent cultural experience and quality education. The fact that Indian students don't hoard to Germany should encourage you to consider studying there, because you will get a more wholesome international experience. Cherry on the cake - statistics show that 50% of international students who study in Germany go on to stay there.
Bonus: Here are 5 useful insights into life at Germany.