Updated on May, 23 2024 06:55 IST
Study MBA in Strategic Management in Germany
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MBA in Strategic Management in Germany is a special type of degree that you can get after you finish college. It's a way for people who want to become really good at figuring out how to make a company successful to learn how to do it. In an MBA in Strategic Management, you will learn about different ways to make a company successful, like how to come up with good ideas for products, how to make sure customers are happy, and how to make sure the company is making money. You'll also learn how to analyze data, which is like looking at a lot of numbers and figuring out what they mean. It's a lot of hard work, but if you're interested in business and want to learn how to make companies successful, an MBA in Strategic Management might be something you want to consider in the future. Germany is the ideal location if you want to get admission to MBA in Strategic Management.
Here's a crux of all you need to know about MBA in Strategic Management in Germany:
| Name of the Program | MBA in Strategic Management |
| Intakes | 2 (Summer and Winter) |
| Duration of the Program | 1 - 2 years |
| Language of Instruction | English |
| Cost of the Program | 10,000 EUR - 30,000 EUR |
| Work Experience Required | Min. 1 year |
| GMAT/GRE Requirement | Varies with University |
| English Proficiency | TOEFL or IELTS |
| German Proficiency | Recommended |
| Cost of Living in Germany | 700 EUR - 1700 EUR |
| Interview Time | 30 - 60 minutes (if applicable) |
Germany is a popular alternative for students looking for higher study, particularly in business. Its top-notch universities, booming economy, and dynamic culture provide MBA students with the perfect learning environment. Here are six advantages of earning an MBA in Germany:
High-Quality Education: Germany is renowned for having a top-notch educational system. Germany's universities are well-regarded globally, and many of them offer MBA programs in Strategic Management that are taught by experienced professors.
Strong Economy: Germany has the largest economy in Europe and is home to many successful companies exposing you to successful companies and management practices, and providing valuable career opportunities.
International Environment: Germany is diverse with many international students and professionals. Studying there provides a chance to learn from and network with people worldwide, broadening perspectives and creating new opportunities.
Low Tuition Fees: Compared to other countries, tuition fees in Germany are relatively low, and some MBA programs are even offered for free. This enables many students to afford the option of studying in Germany.
Strong Support for Entrepreneurs: Germany supports entrepreneurs and startups, providing access to resources and networks that can help you achieve your business goals.
Great Quality of Life: Germany is safe and welcoming with high standards of living, efficient public transportation, clean cities, and excellent healthcare. Studying in Germany offers a great quality of life.
Making the best university choice for an MBA in Germany is crucial. The top-tier MBA programs offered by the German universities listed below prepare students for profitable careers in international business.
| Universities/ Business Schools | Rankings | Location/Cities |
|---|---|---|
| ESMT Berlin | 46 | Berlin |
| WHU - Otto Beisheim Graduate School of Management | 102 | Vallendar |
The following advice should be kept in mind before applying for an MBA in Strategic Management at a German university. This will help you better understand your chances and submit applications to universities that match the requirements you meet.
To enrol in an MBA program, candidates must have completed 3 to 4 years of undergraduate coursework or hold a degree in bachelors similar to a German bachelors degree.
A candidate will not be approved if they have scored less than 50 per cent in any given stage of their academic life from high school to a bachelors or another masters degree.
If necessary, applicants must pass tests like TestDAF to show their knowledge of German and IELTS and TOEFL to show that of English.
Other important exams like the GRE (gaining more than 300 marks) and GMAT (gaining a score of around 500 to 600 marks) are also needed to be eligible for admission to an MBA in Strategic Management in Germany.
Having had a chance to work in the real job market in the past is a plus point for applicants over those who don't as it increases their chances of getting admitted to more German universities.
Before submitting your application, make sure to gather the necessary paperwork, without which you will not be admitted.
Certificates with the results of examinations taken, such as the GRE, GMAT, IELTS, and TOEFL.
Certificates and transcripts from high school (10+2). undergraduate course or, if any, a previous master's programme.
Credentials from your alma mater attest to your good character, such as statements of purpose, letters of recommendation from prior instructors, etc.
The necessities, including a current passport-size photo, a VISA, a passport, etc.
Letters of recommendation and certificates from prior internships or positions held.
You must pay close attention to every detail and make sure you don't overlook any necessary steps while applying to higher education at a foreign university. Don't worry, at Anigdha, our knowledgeable counsellors will be there for you at every turn of your trip, including the following:
Our knowledgeable academicians will carefully investigate the top institutions for you and assist you in selecting the ones that best suit your resources, aspirations, and short- and long-term goals.
Our experts will work with you to ensure that you meet all the requirements suggested by various colleges and that you have the required paperwork.
We'll assist you in getting ready for and passing the necessary entrance examinations like the GRE and IELTS.
Finally, our consultants will assist you in tailoring your applications to various universities and ensuring admittance.
You normally have two chances to be admitted if you're applying to an MBA program in Germany. Regardless of the university's status as public or private, you may apply during either of these two admissions cycles:
Summer Intake: The summer intake period begins in April and finishes in late July or early August. Additionally referred to as the primary intake or the September intake, it enables students admitted in this first round of admission to start their classes in the same academic year.
Winter Intake: From September or October through February or March, the winter intake period lasts. It also allows students to start their lessons in the following academic year and is also referred to as the secondary intake.
In Germany, MBA programs of any kind normally last no longer than two years. While most universities prefer to offer a full-time degree, some may offer a part-time MBA. Nevertheless, you will need to stay in the country for about two years to complete the program and earn the degree, regardless of the type of degree you choose.
Universities in Germany are developing innovative strategies to accommodate and meet the demands of numerous international students who come from all parts of the world to study there since the world is becoming more interconnected than ever. Students must demonstrate their proficiency in English to German universities through exams like the IELTS and TOEFL. Some German universities, however, may continue to use German as their principal language of instruction. Therefore, it is advised to take German speaking and writing proficiency examinations like TestDAF or DSH to improve your application prospects.
English is today the prevalent language of teaching in the majority of German universities and they also expect their applicants to have a good hold in the language for more international job opportunities that will come their way after the completion of the degree. You must collect and submit the grade transcripts for the following to demonstrate your knowledge of the English language:
IELTS band score of at least 6.5 and TOEFL scores between 90 and 100
Any GMAT score between 500 and 600
Germany is a tempting choice for international students searching for economically priced university education because it offers several MBA programs for free. Yet certain universities could charge the following fees:
| Universities/ Business Schools | Course Duration | Program name | Tuition Fee (per semester) |
|---|---|---|---|
| ESMT Berlin | 1 year | Strategy | 24,500 EUR |
| WHU - Otto Beisheim Graduate School of Management | 1 year | Strategy | 20,250 EUR |
Germany offers a variety of scholarships at the university and government levels, so students don't have to worry about paying for their tuition. Different scholarships have their specificities and clauses to give different sections of society equal opportunities to study in Germany, especially the marginalized section, like women and the economically weaker section. It is advised to go through the nitty-gritty of specific fellowship schemes to avail their best benefits.
The grants available to you while studying for an MBA in Strategic Management in Germany are shown in the following table:
Erasmus Scholarship Programs in Germany
Mannheim School of Business Scholarships
Heinrich Boll Scholarships for International Students
What types of skills will I learn in an MBA in Strategic Management program?
An MBA in Strategic Management program will teach you a wide range of skills, including problem-solving, critical thinking, communication, data analysis, leadership, and strategic planning.
Can I study for an MBA in Strategic Management if I don't have a business background?
Yes, you can. While having a business background can be helpful, it is not always necessary. Many programs are designed for students from diverse academic backgrounds, and you can often take foundational business courses to help you get up to speed.
How long does it take to complete an MBA in Strategic Management?
The length of an MBA in a Strategic Management program can vary depending on the school and program you to choose. Generally, full-time programs take between 1-2 years to complete, while part-time programs can take 2-4 years.
What is the difference between an MBA in Strategic Management and a general MBA program?
MBA in Strategic Management focuses on business strategy while a general MBA covers a wide range of topics. Students learn to analyze competition, develop strategies, and manage resources for success.
Will I have the opportunity to work on real-world business projects during my MBA program?
Yes, many MBA in Strategic Management programs offer opportunities to work on real-world business projects. These projects can give you hands-on experience working with actual companies and can help you build your skills and your network.
Can I study for an MBA in Strategic Management online?
Yes, many schools offer this course online. These programs offer flexibility and convenience, allowing you to study from anywhere in the world while still getting a high-quality education. However, keep in mind that they may have different requirements and limitations.
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