If you want to study business and finance in Germany, you might be looking for the best colleges to go to. An MBA is a special kind of degree that can help you learn a lot about business and finance.
In Germany, there are some really good colleges where you can study for an MBA in finance. These colleges have great teachers and can help you learn a lot of important things.
Let’s find out more about the best MBA in finance colleges in Germany!
Top Universities In Germany For MBA In Finance
MBA programs in finance in Germany offer a range of options, such as Executive, Online, and International MBAs. Here are some of the best MBA finance colleges in Germany:
Mannheim Business School
Mannheim Business School is considered the best MBA finance college in Germany. The Mannheim Full-Time MBA program is a one-year, full-time program that focuses on all aspects of general management, from strategy and marketing to finance and corporate social responsibility.
It is Germany’s best-ranked MBA program and has the best ROI worldwide according to the QS Global MBA Ranking 2022. The program offers an entrepreneurial mindset, leadership and critical thinking skills, a global outlook, and industry connections.
| Program | Program Type | Program Duration | Tuition Fees |
|---|---|---|---|
| Full-Time MBA | Full-time | 12-15 months | €42,500 |
| Part-Time MBA | Part-time | 24 months | €42,500 |
| Master in Management Analytics & AI | Specialized Master | 18 months | €32,000 |
| Master in Finance & Investment | Specialized Master | 18 months | €32,000 |
| Master in Finance & Economics | Specialized Master | 18 months | €32,000 |
Frankfurt School of Finance and Management
The Frankfurt School of Finance and Management is one of the best MBA finance colleges in Germany. It offers a full-time MBA program that is 100% taught in English and is designed for aspiring professionals who are looking to deal with real challenges in international business.
The program is accredited by AACSB, EQUIS, and AMBA, and Frankfurt School was one of only three German universities featured within the global top 100 in the Financial Times Global MBA 2023 Ranking.
| Program | Program Type | Program Duration | Tuition Fees |
|---|---|---|---|
| Master in Finance | Specialized Master | 18 months | €32,000 |
| Master in Finance & Investment | Specialized Master | 18 months | €32,000 |
| Master in Finance & Economics | Specialized Master | 18 months | €32,000 |
| Master in Management (with Finance specialization) | Specialized Master | 18 months | €32,000 |
| Full-Time MBA (with Finance concentration) | MBA | 12-15 months | €42,500 |
WHU (Otto Beisheim)
WHU (Otto Beisheim) is one of the best business schools in Germany and Europe. It’s known for its great management education, research, and connections with companies.
It ranks high in global rankings, like the Financial Times Global MBA Ranking, where it’s 2nd in Germany and 68th worldwide. WHU offers different MBA programs, including Full-time, Part-time, and Executive MBAs, and it’s accredited by AACSB and EQUIS.
| Program | Program Type | Program Duration | Tuition Fees |
|---|---|---|---|
| Master in Finance | Specialized Master | 17 months | €30,300 (90 credit track) |
| Master in Management (with Finance specialization) | Specialized Master | 21 months | €30,300 (90 credit track) |
European School of Management & Technology (ESMT)
The European School of Management and Technology (ESMT) in Berlin is one of Germany’s top MBA colleges. Its Full-time MBA program is ranked #1 in Germany by the Financial Times.
The program is tailored to help students build the skills and experiences they need for their chosen career path, with options to specialize in areas like innovation, analytics, or leadership.
| Program | Program Type | Program Duration | Tuition Fees |
|---|---|---|---|
| Full-Time MBA | Full-time | 15 months | €49,500 |
| Part-Time MBA | Part-time | 24 months | €39,500 |
| Master in Global Management | Specialized Master | 24 months | €34,000 |
| Master in Innovation & Entrepreneurship | Specialized Master | 24 months | €34,000 |
| Master in Analytics & Artificial Intelligence | Specialized Master | 24 months | €34,000 |
HHL Leipzig Graduate School of Management
HHL Leipzig Graduate School of Management offers an esteemed MBA program with a focus on finance. This program blends management fundamentals with corporate finance insights, opening up diverse career paths.
HHL is Germany’s initial business school accredited by AACSB and is among the top 3 in the country. Its Master in Management and MBA programs, including the MBA Finance program, aim to give students a strong grounding in both general management and finance.
| Program | Program Type | Program Duration | Tuition Fees |
|---|---|---|---|
| Full-Time MBA | Finance | 15-21 months | €42,500 (Fast Track 90 ECTS) |
| Master in Management | Finance | 21-24 months | €35,200 (90 ECTS) |
| Part-Time MBA | Finance | 24 months | €42,500 |
| Part-Time Master in Management | Finance | 24 months | €35,200 |
Requirements to Study MBA in Finance in Germany
The admission process for an MBA in finance in Germany can differ between universities, but the required documents and online application process are generally similar.
You’ll typically need to apply for admission through the university’s official website. Here are the documents usually required:
- Bachelor’s degree from a recognized institution
- Undergraduate transcripts
- Proficiency score in German or English language
- Statement of Purpose (SOP) / Letter of Recommendation (LOR)
- References
- Work experience details
- Financial documents
Scholarships For MBA In Finance In Germany
Scholarships are a big help for international students aiming for an MBA in finance at a German university. They can cover all or part of the tuition fees. Here are some of the top MBA scholarships in Germany for Indian and international students:
| Scholarship | Eligibility | Amount |
|---|---|---|
| IIM | 2nd year students IIM Ahmedabad, Bangalore, Indore, Kolkata, Kozhikode, Lucknow, Udaipur | €750 Health insurance |
| Master’s Scholarships for PPGG | Strong academic record, relevant master’s degree | €750 |
| Central Sector Scheme | Good academic record | €35,956 |
| Friedrich Ebert Foundation | Accepted to German university, outstanding academic record | €670 |
Job Opportunities After MBA in Finance in Germany
Germany is a popular place for MBA experts because it has great facilities and needs more business managers. MBA finance jobs in Germany pay well.
Students can work part-time while studying. Part-time jobs for students usually pay at least 9.19 EUR per hour.
But this can change depending on where you live and what job you have. Here are some Job Opportunities and the salary scales:
| Job Position | Annual Package |
|---|---|
| Consultant | 79,000 EUR |
| Finance Manager | 127,000 EUR |
| Project Manager | 83,000 EUR |
| MIS Executive | 85,000 EUR |
FAQs
Q1: Can international students work part-time while pursuing an MBA in Finance in Germany?
- Yes, international students are allowed to work part-time while studying, which can help them gain valuable experience and supplement their finances.
Q2: What is the average duration of an MBA in Finance programs in Germany?
- The duration varies, but most MBA in Finance programs in Germany typically last between 12 to 24 months, depending on whether it’s a full-time or part-time program.
Q3: Does an MBA in Finance in Germany require work experience?
- Yes, many of the best MBA colleges in Germany ask for one year of work experience.
