Are you looking to pursue a business education in Germany? Have you ever wondered which are the best B schools there? Let’s discuss it.
In this blog post, we will tell you about the top B schools in Germany that will help you build your career and get placed in some of the best companies in the world.
Some of the best business schools in Germany offer high-quality education, renowned faculty, and strong industry connections.
Top B schools like Mannheim Business School, ESMT Berlin, WHU Otto Beisheim School of Management, ESCP Business School, and IESE Business School offer cutting-edge education and unparalleled networking opportunities. Focusing on global perspectives, these schools set the European business education standard.
But there is a whole lot more to know! This blog will discuss these top B-schools in Germany in detail.
Why study business in Germany?
Studying business in Germany offers numerous advantages, making it an attractive option for international students. Here are some of the reasons to study business in Germany:
- World-class education: Germany provides high-quality education to international students, particularly in business. Germany is home to some of the best universities in the world, offering top-tier education and consistently ranking among the top universities.
- Focus on practical skills: Many programs in Germany emphasise practical elements like internships and case studies, preparing you to handle real-world challenges.
- Internationally recognised degrees: A degree from a German university is highly respected worldwide. As a graduate of a German university, you will find it easier to secure employment both within Germany and outside Germany.
- English-taught programs: Many German universities offer courses entirely in English, making them accessible to international students as they don’t have to learn their native language to enrol in any of the courses.
Studying business in Germany provides a unique opportunity to receive a top-notch education, gain valuable international experience, and position oneself for success in the global marketplace.
Top B-Schools in Germany
Germany is home to some of the best business schools, known for their high-quality education, renowned faculty and excellence in management and research.
Here are the top five business schools in Germany:
WHU- Otto Beisheim School of Management
WHU—Otto Beisheim School of Management was established in 1984 and is one of Germany’s renowned and best business schools. It has an exceptional national and international reputation.
WHU has been certified by accreditations from AACSB, EFMD EQUIS and FIBAA and through leading positions in national and international rankings.
This b-school -ranks #1 in Germany, #16 in Europe Financial Times European Business School Rankings 2023, #1 in Germany and #13 worldwide Financial Times Masters in Management Ranking 2023, #2 in Germany and #28 worldwide Financial Times Executive MBA Ranking 2023, #1 in Germany and #63 worldwide Financial Times Global MBA Ranking 2024.
This university offers five postgraduate programs, out of which three are master’s programs and 2 are MBA programs.
This university offers three Business and Management Discipline programs: Masters in Entrepreneurship, Masters in Finance Program, Master’s in Management Program, and MBA.
Here are other programs offered by this top B-school in Germany:
- Masters in Management
- Masters in International Business
- Part-time Masters in Management
- Masters in Business Analytics
- Masters in Entrepreneurship
- Masters in Finance
The general admission requirements for a master’s program are an IELTS score of 7+ and a TOEFL score of 95+.
ESCP Business School
ESCP Business School is one of the oldest and top business schools in Germany. The school offers many programs, including bachelor’s, master’s, MBA, and executive education programs.
It has over six campuses worldwide: Berlin, London, Madrid, Paris, Turin and Warsaw. It offers two undergraduate programs and twenty postgraduate programs.
This business school ranks among the top five business schools in the world in the 2023 Financial Times European Business School Rankings.
It offers three types of programs: Full-time, part-time, and online.
Full-time programs
- Bachelors in Management (BSc)
- Masters in Management Pre-Master Year
- Masters in Management
- Masters of Science
- MBA in International Management
- Doctoral Programs
Part-time programs
- Executive Education Certificates and Short Programs
- Executive Masters
- Executive MBA (EMBA)
- Global Executive Ph.D
It offers over 28 online programs for international students, which you can find here.
Mannheim Business School
The Mannheim Business School (MBS) is prestigious and one of the best business schools in Germany for international students. It was the first German business school accredited by AACSB International, AMBA, and EQUIS, the three leading unions of educational institutions in business worldwide.
Mannheim Business Schools ranks #1 in Germany in the QS Business Masters Rankings, Management, #10 worldwide in the Economist Masters in Management Ranking, and #3 in the THE ranking by subject, business and economics.
Mannheim Business School offers international MBA programs (Master of Business Administration), all entirely taught in English.
It offers various programs and courses in multiple disciplines, so it will be an excellent opportunity to choose the right program for you.
Here is the list of programs offered by Mannheim Business School:
Executive programs or senior managers and executives
- Mannheim Executive MBA- 18-month weekend-based part-time executive MBA program for professionals with at least eight years of working experience.
- ESSEC & Mannheim Executive MBA: 18-month, modular-based, part-time executive MBA program for professionals with at least eight years of working experience.
MBA programs for young professionals
- Mannheim Full-Time MBA: a 12-month full-time program for young professionals with at least three years of postgraduate job experience.
- Mannheim Part-Time MBA: A two-year part-time program designed for young professionals who have accumulated at least three years of work experience after completing their graduate studies.
Specialised master’s programs for young professionals
- Mannheim’s Master’s in Sustainability and Impact Management is a 24-month part-time program (M.A.) designed for young sustainability and impact Management professionals.
- Mannheim’s Master’s program in Management Analytics & AI (Full-Time) is a one-year intensive program for young professionals. It focuses on teaching analytics methods and technologies and demonstrating their practical importance across different management fields.
- Part-Time Mannheim Master’s in Management Analytics & AI: A two-year part-time Master’s program (M.A.) designed for young professionals focusing on Business Analytics, AI, and Digitalization.
- Mannheim Master of Accounting & Taxation: 3-year part-time Master’s program (M.Sc.) for young professionals in accounting and taxation.
ESMT Berlin
ESMT Berlin is located in the heart of Berlin. It is a private business school established by 25 multinational corporations. It is also one of the top B schools in Germany, renowned for its high-quality education and diverse programs.
This B School ranks #1 in Germany and #8 in Europe in the Financial Times Business School Rankings.
ESMT offers various programs in various disciplines. Here are some of them:
- Masters in Global Management (MGM)
- Masters in Innovation and Entrepreneurship
- Masters in Analytics and Artificial Intelligence
- Global Online MBA
- Part-time MBA
- Full-time MBA
- Executive MBA
To be admitted to this university, you must submit your primary personal data, academic and professional background, and short essay questions.
ESMT considers applicants with above-average GMAT or GRE scores who demonstrate well-rounded ability. For Master’s programs, the GMAT/GRE requirement may be waived if compelling evidence of exceptional quantitative skills is provided.
The average tuition fee for a master’s program is around 34,000 euros, approximately INR 30.5 lakh.
It also offers various scholarships that can support you to finance your studies, here are some of them:
- Early Application Discount, scholarship value of up to 2000 euros
- Women’s scholarship, the value of up to 10,000 euros
- Outstanding Student Leadership Scholarship, value of up to 8000 euros
- Net Impact Sustainability Scholarship, value of up to 5,000 euros
- DigitalFuture Summit Master Scholarship, value of up to 5,000 euros
- e-fellows Master scholarship, value of up to 5000 euros
- Developing Country Scholarships LDC/LLDC, value of up to 10,000 euros
- High Achievers GMAT/GRE scholarship, value of up to 5000 euros
IESE Business School
IESE Business School is also one of the top b-schools in Germany and a leader in global business education.
Here are some of the reasons to study at IESE Business School:
- IESE provides a genuinely global learning setting with its Barcelona, Madrid, New York, Munich, and São Paulo campuses. The student community is notably diverse, comprising many individuals from beyond Spain, enhancing the educational journey through various cultural viewpoints.
- IESE is well-known for utilising the case method, which prioritises practical, experiential learning. This approach equips students with the ability to tackle real-world issues, fostering the development of critical thinking, problem-solving, and decision-making skills.
- With a global alumni network exceeding 54,000 individuals, IESE offers unparalleled networking, mentorship, and career progression prospects. This expansive community is evidence of the school’s excellence and the enduring influence of its educational programs.
- IESE consistently receives top rankings for its programs from esteemed organisations such as The Economist (ranked #1 globally in 2021) and the Financial Times (ranked #3 globally in 2023). Furthermore, the school is triple-accredited by AACSB, AMBA, and EQUIS, guaranteeing a superior level of education.
The university offers a Master of Management program tailored for recent graduates or those with minimal work experience. This program provides essential knowledge in business fundamentals, equipping students with a thriving career path.
It also offers a MiM/MBA Dual Degree Program. This pioneering program enables you to blend the fundamental business education of the MiM with the advanced leadership training of the MBA.
Next, it offers three MBA programs to international students: an executive MBA, a Global Executive MBA, and a Full-time MBA.
Lastly, at this university, you can also perform your PhD in management after your master’s.
General admission requirements for B-schools in Germany
While specific requirements may vary between schools, here’s a breakdown of the general admission criteria for B-Schools in Germany:
- A recognised Bachelor’s degree in any field is typically necessary for admission. Certain institutions may stipulate a minimum GPA, such as a B+ average.
- GMAT/GRE: Numerous business schools mandate the submission of either the GMAT (Graduate Management Admission Test) or the GRE (Graduate Record Examinations). Although specific score prerequisites differ, achieving a score of 600 on the GMAT or its equivalent on the GRE is frequently considered a standard threshold.
- Proficiency in either English or German is required, depending on the program’s language of instruction. Tests like the TOEFL or IELTS for English and DSH or TestDaF for German are typically used to demonstrate proficiency. Minimum score requirements vary by school.
- Numerous business schools in Germany tend to favour candidates who have gained work experience, typically requiring a minimum of 2-3 years post-bachelors degree. This criterion enables them to evaluate your practical capabilities and career aspirations effectively.
- One or two letters of recommendation from college or employers are required.
- Statement of Purpose/Motivation Letter: This essay provides an opportunity for you to highlight your career objectives, reasons for pursuing an MBA, and how the program aligns with your goals.
- A well-structured CV highlighting your academic and professional achievements is usually required.
Conclusion
In short, Germany has some of the best business schools in Europe, like ESCP, WHU, and Mannheim. They offer excellent education, excellent teachers, and chances to meet influential people in business. If you want a great career, consider studying at these top B-schools in Germany.
Interested? Reach out to our team now to start your journey to these top B-schools in Germany!
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