Master of Management in Germany

Master of Management in Germany

Master of Management in Germany
Prashant Thapa

Master of Management in Germany is a 1 to 2-year course built to enhance student's analytical ability and strategic thinking. Some universities offer this course as a Master of Science degree, while some offer it as a direct management degree. 

There are many specialisations available if you wish to study this course in Germany, like-

  • Business Analytics
  • Finance & Investments
  • Entrepreneurship & Innovation
  • Global & Digital Strategy.

Upon graduating, students will be offered internships in leading German companies like Allianz, Amazon, Audi, Bosch, Deutsche Bank, DHL, E.ON, Gazprom, McKinsey, Porsche, Siemens etc. The tuition fees for this course range from GBP 4,000 to 17,000 per year. Limited universities offer this course free of tuition fees by only charging student fees to the students. 

Why study Master of Management in Germany?

  • No German language skills are required since more than ten universities offer this course in English.
  • Little to no tuition fees
  • Placements and internships opportunities
  • GRE/GMAT Scores are optional if you have outstanding academics.
  • Globally recognised management degree
  • Premium Quality Education

Top Universities for Master of Management in Germany

According to QS World Universities Ranking by subject 2022, these are the leading universities for Master of Management in Germany. 

University

Program Duration

Why-Otto Beisheim School Of Management

21 months

Frankfurt School Of Finance And Management

2-years

Technical University of Munich

2-years

Mannheim Business School

2-years

HHL Leipzig Graduate School of Management

21-24 months (self-paced)

ESMT Berlin

2-years

 

100,000+ students achieved their study abroad dreams with us.  Start your journey today.

Tuition Fees for Masters in Management in Germany

The Technical University of Munich is one of the institutes to offer free master's in management in Germany.

University

Tuition Fees in Euros

Mannheim Business School

29,000 (program cost)

ESMT Berlin

29,500 (program cost)/ 7,375 per semester

Frankfurt School of Finance & Management

33,000 (total program cost)

Technical University of Munich

No tuition fees

Kühne Logistics University

6,980 per semester

Karlshochschule International University

690 € per month

GISMA Business School

16,500 per year

Master of Management in Germany Admission Requirement

Documents Required to Apply to Master of Management in Germany

  • Completed application form
  • Current CV (up to the date of application)
  • Digital passport photo (print resolution)
  • English language certificate (TOEFL or equivalent test)
  • High school diploma (certified copy)
  • University degree certificate, such as a bachelor’s degree certificate (certified copy)
  • Written confirmation of work experience
  • Application video
  • Receipt of transfer of application fee (not refundable)

University Specific Requirements

University of Mannheim- Mannheim Business School

  • Course name: Master in Management Analytics
  • Application fee:  €130 
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 85
  • Academic Requirements: Applicants must hold a bachelor's degree in any discipline and have at least 1 year of work experience in data-related positions.
  • GMAT Scores: A minimum of 600

ESMT Berlin

  • Course name: Master in Management
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 95
  • Academic Requirements: Applicants must hold a bachelor's degree in any discipline and have a maximum of 1.5 years of postgraduate work experience.
  • Other Requirements: GRE/GMAT Scores, online interview. Note that if you have excellent grades, GRE/GMAT Scores are optional.
  • GMAT Score: Average GMAT Score is 640.

Frankfurt School of Finance and Management

  • Course name: Master in Management
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 90
    • IELTS: Overall 7.0
  • Academic Requirements: Applicants must hold a bachelor's degree (any discipline students can apply) with at least 180 ECTS Credits.

Technical University of Munich (Master in Management TUM)

  • Course name: Master in Management, Master in Management & Technology
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 88
    • IELTS: 6.5
  • Academic Requirements: Applicants must hold a bachelor's degree in engineering, natural science or equivalent with or without professional experience.

ISM: International School of Management

  • Course name: MSc International Management
  • Course Duration: 3 semesters plus one-semester thesis
  • English Test Scores: 
    • TOEFL: Overall 80
    • IELTS: 6.0
  • Academic Requirements: Applicants need to hold a bachelor's degree comprising at least 180 points

Kühne Logistics University

  • Course name: Master in International Management (MSc)
  • Course Duration: 1.5 years
  • Application Fees: €100
  • English Test Scores: 
    • TOEFL: Overall 90
    • IELTS: 6.5
    • PTE: Overall 61
  • Academic Requirements: Applicants must hold a bachelor's degree comprising at least 180 points. 
  • GMAT Scores are not an admission requirement, but they do boost your profile.

Karlshochschule International University

  • Course name: Master in Management
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 100
    • IELTS: 6.5
  • Academic Requirements: Applicants need to hold a bachelor's degree comprising at least 180 points

GISMA Business School

  • Course name: MSc International Business Management
  • Course Duration: 1 year
  • English Test Scores: 
    • IELTS: 6.5
  • Academic Requirements: Applicants need a bachelor's degree with a good grade average.

CBS International Business School

  • Course name: Masters in Marketing Management
  • Course Duration: 2 years/ 4 semesters, integrated internship
  • English Test Scores: 
    • IELTS: 6.5
  • Academic Requirements: Applicants must hold a bachelor's degree with a minimum GPA of 2.75.

Leipzig Graduate School of Management

  • Course name: Master in Management
  • Course Duration: 2 years
  • English Test Scores: 
    • TOEFL: Overall 90
    • IELTS: 7.0
  • Academic Requirements: Applicants need to hold a bachelor's degree comprising at least 180 points
  • 3 months of practical work experience.
  • A minimum of 600 in GMAT.

100,000+ students achieved their study abroad dreams with us.  Start your journey today.

Scholarship

Even though the tuition fees for education in Germany are already lower than in most other countries (Sometimes, it is even free), it still offers various scholarships to international students through government and non-government scholarships. 

Some of the most popular scholarships offered by Germany are: 

  1. DAAD Scholarship
  2. Student Project Grant
  3. RWTH International Academy Women in Engineering Scholarship
  4. Development-Related Postgraduate Courses (EPOS) Scholarship
  5. UDE scholarship
  6. High Potential Student Grant
  7. Surplace Funding for Master Degree Programme
  8. FS Master’s Scholarship: Covers partial tuition fees
  9. Friedrich Ebert Foundation Scholarship
  10. German Language Merit Scholarship
  11. ESCP Scholarships: 10 to 50% tuition fees waiver

Among these scholarships, DAAD is Germany's most popular scholarship for graduate students. The value of the DAAD Scholarship is a monthly award of EUR 850,00 for Master students and EUR 1.200,00 for PhD students (beginning with September 2018).

This scholarship may also cover health insurance, travel allowance. 

To be eligible for DAAD Scholarship in Germany, applicants must fulfil the following criteria: 

  • Apply to graduate programs in Germany
  • A minimum of 2 years of post-study work experience in the relevant field. 
  • A Minimum of 6.0 in IELTS, 550 in TOEFL Paper-based, 213 in TOEFL Computer-based and 80 in Internet-based. 
  • Hand-signed CV
  • Confirmation of employment and Professional Letter of Recommendation from employer
  • German Language ability for programs in the German language.

Scope of a management degree in Germany

Below are some job profiles, top recruiters for management graduates and average annual salary is mentioned. The salary of professionals with management degrees in Germany is about EURO 60,000 -110,000 annually. 

Job Roles

Recruiters

Average Salary (Euro)

Consultant

Siemens

69-79,000

Finance Manager

BMW

118-127,000

Operations Manager

Amazon

87456

Operations Manager

Bosch

98,000

Project Manager

Bayer

76-83,000

Consultant

Volkswagen

90-98,000

Brand Manager

Mercedes

140-150,000

MIS Executive

Porsche

80-85,000

Operations Manager

Merck

98-100,000

Key Customer manager

Merck

95-98,000

Human Resource manager

Volkswagen

110-115,000

Human Resource Executive

Mercedes

85-88,000

Business Manager

Amazon

88-95,000

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