MBA Studies
Master of Business Administration

MBA Studies

Unleash your leadership potential with a Master's of Business Administration. Immerse yourself in world-class programs that offer global perspectives, innovative teaching methods and hands-on learning. Experience the unique combination of German efficiency and global business excellence. Start your journey to a successful career in one of Europe's strongest economies in Munich.

 

DID YOU KNOW?

Munich Business School has earned 2023 recognition as one of the premier providers of MBA education globally. It is one of the four German Business Schools acknowledged in Tier One, positioning it within the TOP 30 Business Schools in Europe. This places the MBS in a group of various international Giants in the field of Business Education.

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In our exclusive and non-binding information material, you can find out everything you need to know about:

  • Contents of your studies
  • Admission and application
  • Prices in detail
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What do you need to study MBA?

The exact requirements may vary depending on the university and the specific Master in Business Administration (MBA) program. It is important to check directly with the respective university and MBA program you are interested in, as specific requirements may vary. Universities often provide clear guidelines on their official websites and can offer further assistance if anything is unclear.

Here are some common requirements for students:

Characteristics

  • Analytical skills: Strong analytical thinking skills to effectively solve complex business challenges.
  • Leadership skills: The ability to lead teams and make strategic decisions to achieve organizational goals.
  • Communication skills: Clear and persuasive communication skills, both written and verbal.
  • Flexibility and adaptability: A willingness to adapt to different business environments and respond flexibly to change.
  • Intercultural competence: An understanding of cross-cultural business practices and the ability to work effectively in global teams.
  • Motivation and initiative: Strong motivation, initiative and a desire for personal and professional development.

MBS Master in Business Administration - No. 1 Advantage

The following chart shows the No. 1 advantage of the MBS Master in Business Administration program.

Masters in Business Administration Studies in Germany

Studying for a Master of Business Administration (MBA) in Germany offers a number of advantages that make it an attractive option in an international context. Germany is characterized by a top-class educational landscape, a strong economy and a wide range of MBA programs. Here are some reasons why it is advantageous to pursue an MBA in Germany:

  1. Economic strength: Germany is considered one of the strongest economies in the world. An MBA in Germany allows students to benefit from this stable economy and gain access to a variety of professional opportunities.
  2. International perspective: Germany is a central point in Europe and offers an international perspective. This is particularly relevant for an MBA program that often prepares globally oriented leaders.
  3. Diversity of MBA programs: German universities offer a wide selection of MBA programs that focus on different industries, specializations and management levels. Students can choose a program that suits their individual career goals.
  4. Practice-oriented apprenticeship: The German educational philosophy often emphasizes real-world applications. MBA programs often integrate real-world teaching methods, case studies and projects to prepare students for real-world business challenges.
  5. Strong industry connections: German universities have strong connections with leading companies and offer opportunities for internships, projects and networking. These connections can ease the transition from university to the workplace.
  6. Low tuition fees: Compared to many other countries, tuition fees for international students in Germany are often moderate. This makes studying for an MBA in Germany more cost-effective.
  7. Quality of life and culture: Germany offers a high quality of life, a diverse culture and the opportunity to learn a new language. This contributes to a holistic and enriching study experience.

Overall, Germany offers an ideal environment for MBA students looking for a high quality apprenticeship, international perspective and career opportunities.

MBA Studies at Munich Business School

At MBS, you can study Masters in Business Administration in the German economic powerhouse, Munich. This gives you the perfect mix of Business Studies knowledge and Management experience to shape your future according to your own ideas. These are the most important facts about the Munich Business School degree program:

Study Duration:

2 Semesters

Degree:

Master of Business Administration (MBA)

Start of Studies:

Annually in March or September

Credits:

60 ECTS

Study Language:

English

Tuition Fees:

2,666 EUR per Month

Form of Study:

In presence at the campus in Munich

Highlights:

Business Projects, Career Coaching & EMBA Week

Electives:

4 Electives & many optional Foreign Language Courses

What you will learn in
Masters in Business Administration

Core business subjects Financial Management, Marketing, Operations Management, Human Resource Management, Strategic Management
Leadership and management Development of leadership skills, Organizational behavior, Ethics in corporate management
Innovation and entrepreneurship Innovation management, Business creation and entrepreneurship
International business International management, Globalization and international markets
Data analysis and technology Business analytics, Information management, Digital marketing
Negotiation management Negotiation techniques and strategies
Soft skills and communication Communication skills, Teamwork and collaboration, Leadership development
Project work and practical experience Practical projects, Case studies, Internships or consulting projects

A Master of Business Administration (MBA) program covers a wide range of business topics and aims to prepare managers for complex management challenges. The MBA program often emphasizes practical applications, interactive learning and the development of strategic thinking skills. Through the integration of real-life business scenarios, discussions, teamwork and guest lectures, students are prepared for complex management challenges in various industries.

Masters in Business Administration Studies in Munich

Munich is not only the capital of the federal state of Bavaria, but also a major economic powerhouse in Germany and the European Union (EU). Here are some aspects that illustrate Munich's economic strength:

  1. Technological hub: Munich has developed into a leading technology and innovation center. Numerous technology companies, start-ups and research institutions are located in and around the city.
  2. Automotive industry: Munich is a center for the German automotive industry. It is home to the headquarters of BMW, one of the most renowned car manufacturers in the world.
  3. High-tech and research: The city is a major location for high-tech industries, particularly in aerospace, biotechnology and information technology. Research centers and universities contribute to innovation.
  4. Financial services: Munich also plays an important role in financial services. It is an important financial center with many banks, insurance companies and investment companies.
  5. Trade fair and congress location: Munich hosts numerous international trade fairs and congresses, making the city an important meeting place for companies from various industries.
  6. Quality of life and attractiveness: The high quality of life in Munich makes the city attractive for skilled workers and companies. The good infrastructure, cultural offerings, educational institutions and proximity to the Alps contribute to this.
  7. International networking: Munich is internationally networked and maintains strong economic ties on a global level. The proximity to Munich Airport, one of the busiest airports in Europe, facilitates international business activities.
  8. Start-up scene: Munich is home to a thriving start-up scene with many innovative companies. The city offers support through incubators, accelerators and networking events for founders.

Munich's economic importance in the EU is reflected in its role as an influential business metropolis that plays a significant role both nationally and internationally.

The Studies at Munich Business School

Munich Business School not only offers you a Masters degree in Business Administration, but also focuses on international business. This gives you the perfect foundation to pursue your chosen profession anywhere in the world after graduation. The Master of Business Administration at MBS offers many highlights such as business simulation week, career coaching, business projects, plenty of opportunities for networking and much more. At Munich Business School, you can expect small study groups, dedicated teachers and award-winning programs. But even more importantly, we value you as a person. Here, you are not an anonymous member, but the driving force that motivates us every morning. We take time to listen to your concerns and offer you a tailor-made study experience thanks to our status as a small, private university. Our lecturers have extensive practical experience and teach you skills that really count. In addition to sound business knowledge, we also promote values and skills that will give you an understanding of sustainability and social responsibility as a future business administrator and prepare you optimally for a wide range of professions.

Benefits of the Munich Business School

MBS offers students a number of advantages that are possible thanks to the structure of a private University of Applied Sciences. You will benefit from this during your studies at MBS:

Learn from Experts

Professors with Experience in Business & Specialists as Guest Lecturers

Individual Support

Small Class Sizes & Support through e.g. Career Workshops

Double Education

Business and Management

Location Munich

German Business Powerhouse City because of Multinationals like BMW, Allianz and Siemens etc.

International Future Prospects

Students from all over the world & many Networking Opportunities

That's how easy it is to study at MBS:

 

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Procedure and completion of a Master in Business Administration program

The process and completion of a Master of Business Administration (MBA) program in Germany can vary depending on the university and program, but here is some general information:

  • Networking and events: Many MBA programs emphasize networking and offer events, conferences or guest lectures by industry experts.
  • Master's thesis or project: The degree program often concludes with a Master's thesis or practice-oriented project. Students should apply the knowledge they have acquired to a topic of their choice.
  • Final exams: Some programs may include final exams or master's thesis presentations, while other programs are based on continuous assessment.

Graduation

Upon successful completion of all requirements, the degree is awarded. The degree is usually called "Master of Business Administration" (MBA). This degree is internationally recognized and qualifies graduates for demanding management positions in various industries.

DID YOU KNOW?

After just one year of MBA studies at the MBS, you will have a Master of Business Administration degree in your pocket.

The Master in Business Administration at MBS

The MBA General Management is specifically tailored to the requirements of today's globalized world. It enables you to deepen your knowledge of business administration and management, and to strengthen and develop your leadership and personal skills. In addition to a comprehensive curriculum, Munich Business School offers many additional benefits. You will have the opportunity to study in a diverse environment and expand your professional network. Each semester begins with a six-day Welcome Week, which includes team-building events, intercultural training and networking meetings to get you off to the best possible start.

An MBA program at Munich Business School not only meets the standards of conventional MBA programs, but also offers additional benefits. The content of the MBA General Management program is based on different focus areas: The core courses Responsible Leadership, Innovation & Entrepreneurship and Global Management deal with business management topics while taking into account the innovative, responsible and cosmopolitan values of the university. This makes the MBA program at Munich Business School a unique learning experience. In the Expert Business Knowledge courses, students acquire comprehensive management know-how. Three specialized theme weeks, in which new subject areas are explored and intensive collaboration with fellow students takes place, complete the MBA General Management. Soft skills, networking and international experience are also an integral part of the program. The university maintains excellent relations with the business world, which offers numerous opportunities for expanding professional networks through practical projects with real companies and recruiting events. In addition, students receive individual career and personality coaching. Membership of the EMBA Consortium also gives MBA General Management students and graduates the opportunity to spend a week at an international business school - for example in Japan, Italy or the USA - and to network with MBA students from all over the world.

Location Munich

Major German multinational corporations like BMW, Allianz, and Siemens, along with global technology leaders such as Google, Microsoft, Intel, and IBM, as well as various startups, recognize the benefits of this location. Munich Business School has established robust ties with many of these companies, offering you opportunities to network and explore potential career paths!

Personal Support

Scheduling a meeting with your professor is always an option! You participate in intimate, interactive classes with approximately 30 students. The 4:1 student-to-faculty ratio ensures direct and ongoing interaction with your instructors, providing you with outstanding, tailored, and adaptable learning assistance.

Practical Relevance

The lecturers in our MBA program have extensive leadership experience in various sectors, including major corporations, mid-sized enterprises, and start-ups. They deliver relevant education by tailoring their teachings to the ever-evolving business landscape. Additionally, our guest speakers are industry experts incorporating real-world challenges into the classroom on a regular basis.

Overview of all Electives in the Master in Business Administration at MBS

The following diagram shows all the electives you can choose from in the MBA degree program at Munich Business School.

The MBS Career Center

The Munich Business School (MBS) Career Center serves as a crucial link between MBS students and companies. Its primary focus is to address students' career-related concerns and establish connections with the business sector, facilitating optimal staffing solutions. As a result, companies maintain a continuous presence at Munich Business School.

MBS students receive comprehensive support throughout their journey to achieve professional goals. This support spans from assisting in the search for internships both in Germany and abroad, facilitating initial connections with potential employers, to providing guidance in later stages of their careers and post-graduation.

Companies value Munich Business School students for their practical training, and our partners regularly offer opportunities such as internships, positions for working students, graduate roles, and thesis topics through the dedicated career portal JobTeaser.

Would you like to learn more?

Studienberater MBS: Maciej Kaproń, M.Sc.
Program Advisor MBA Maciej Kaproń, M.Sc. +49 89 547678 254 +49 178 2304275 mba@munich-business-school.de
How can we help you? Next Steps Arrange consultation Request brochure Apply online

Application

In order to be admitted to a study program at Munich Business School, you must fulfill academic, linguistic, and professional requirements. The required application documents may be submitted at any time. Since the places are limited, we advise you to apply for your desired study start as early as possible. One thing always applies: the earlier you submit your application, the more likely it is that you will be admitted to the next program start.

Admission requirements

Academic and Professional Requirements

Academic requirements
You must present proof that you have successfully completed a recognized degree in any subject.

Work experience
You will be required to present evidence of at least two years of pertinent work experience after your first degree. However, there are circumstances under which you can be admitted with a shorter period of practical experience. Please ask your program advisor about this particular matter.

Personal qualities
You should have management and leadership potential, excellent interpersonal and communicative skills and a high degree of personal maturity and motivation. You should also be in a position to contribute to the community’s learning process.

Language Requirements

English Language Tests
You must present proof of your command of the English language by passing one of the following test procedures.

  • TOEFL iBT & Home Edition: min. 85 (min. of 22 in writing band, min. of 20 in all other bands; MBS TOEFL Institution Code: 5772)
  • IELTS & IELTS Online: min. level of 6.5– Academic Module
  • ELS English for Academic Purposes: Advanced Level 112
  • Duolingo English Test: Overall Score 115 or higher
  • Pearson PTE Academic: Overall Score 56 or higher
  • Cambridge: Min. 173 or Grade B or higher

Note: If the test is also used to apply for a visa, please check the requirements of the respective embassy in advance.

Test results can only be accepted if achieved within the last two years. If you are unable to obtain your test results before handing in your MBS application, please advise us of your planned test date.

Exceptions
The English proficiency test can be waived by the following candidates:

  • Applicants having completed their schooling in English (i.e., High School Diploma, IB)
  • Applicants having completed their first academic degree in English
  • English is the official language in daily business communication in your current position and company (we require a confirmation letter from your employer) for at least 2 years

Application Deadline

Application deadline in detail

We accept applications all year round. However, we recommend that you apply as early as possible, as the number of places is limited.

Spring semester

  • Application guideline for Europeans (no visa): January 31
  • Application guideline for non-Europeans (visa required): November 15

Winter semester

  • Application guideline for Europeans (no visa): July 15
  • Application guideline for non-Europeans (visa required): May 31

Applicants from Vietnam, China and India should allow an extra month to apply for the relevant visas.

Application process

Step 1: Written Application

Application documents
When submitting your application, you must provide the following mandatory documents for your application to be considered:

  • Letter of motivation (1-2 pages)
  • Current curriculum vitae
  • A copy of your official academic transcript stating your final grade*
  • Two references of your current or previous employers
  • Proof of English proficiency (TOEFL 85, IELTS 6.5, ELS 112)
  • A copy of your passport details page (the one with the photo)
  • A recent passport size photo
  • Completed application form
  • When applying for a scholarship: personal statement (1 page)

Apply Online

* Original or certified copies of these documents will need to be provided if you are successful in gaining admission to the program.

Optional supporting materials
You are welcome to supply any additional information that you believe will strengthen your application. Similarly, Munich Business School reserves the right to request any additional information that the Selection Committee believes will assist its admission decision.

Step 2: Personal Interview

Application Deadlines

The following application deadlines exist for the two start dates in March and September: 

September 2023 study start: 

  • Application deadline May 31, 2023 for international students.
  • Application deadline July 15, 2023 for EU/EFTA students

March 2024 study start:

  • Application deadline November 15, 2023 for international students.
  • Application deadline January 31, 2024 for EU/EFTA students

+++ Early Bird Special! If you apply by December 15, 2023 for the Spring-Intake 2024, you will receive a 2,000 Euro discount on the first semester rate!+++

 

Personal Interview

The interview will last approximately 30-45 minutes and is intended to help both you as well as MBS to determine whether your profile will match the study program and the class being formed. Of course, this interview will also present you with the opportunity to ask any questions you may have.

If you are from Germany or close enough to travel, you can attend the personal interview at Munich Business School with the Admissions Manager and the Academic Program Director. If you cannot attend a personal interview, you will be interviewed via video conference.

Step 3: Study Contract

The Admissions Office informs you about the outcome of the application process within 10 working days. In case of acceptance, Munich Business School will provide you with an acceptance letter as well as two copies of your study contract. One copy needs to be signed and returned within two weeks to secure your spot in the program. The other copy needs to be kept for your own records.

The acceptance to the study program requires an enrollment fee of 690 Euro (EU/EFTA) respectively 1,490 Euro (non-EU) and deposit of 1.990 Euro due upon signing the study contract. The deposit will be deducted from your first tuition fee installment.

Step 4: Student Visa

If you are a non-EU national, you are required to apply for a student visa in order start your studies in Germany. To obtain a visa invitation letter from Munich Business School, please take the following steps:

  1. Hand in your signed study contract and a copy of your passport details page.
  2. Transfer a deposit of 1,000 Euro. This sum will be deducted from the first semester tuition installment.

More about Student Visa

Scholarships

We offer three different MBA scholarships, all related to our three core values: globally minded, responsible, and innovative.

MBA Global Thinker Scholarship

Are you globally minded with a cultural awareness to act consciously in an international environment? Please explain what globally minded means to you personally and to what extend it is shaping your professional life.

MBA Responsible Leader Scholarship

Do you act responsibly by incorporating ethical and sustainable considerations into your decisions? Please describe which activities from your personal and professional life are related to responsibility or responsible actions.

MBA Smart Entrepreneur Scholarship

Do you have an entrepreneurial mindset and the ability to create innovative and creative solutions? Please describe in what way entrepreneurship and innovation plays a role in your professional life and tell us more about your personal entrepreneurial skills.

In order to apply for one of our MBA scholarships, please pick one option and answer the corresponding question in a personal statement. Please upload the document within your initial online application for a study place. A subsequent application is not possible.

Due to the limited number of scholarships an early application is recommended. Applicants who convince us of their suitability will be granted up to EUR 2,000 on the overall tuition fee.

The application for one of the scholarships is made together with the application for a place at university. Further information can be found under "Scholarships and financing".

Field Report of a MBS Alumni

The MBS Experience ★★★★★

"The MBS is the right choice for anyone who wants to study international business in Munich especially if they desire to work in an English-speaking company. The classes are relatively small, allowing you to be more interactive with the content and ask your professors questions. This is something I personally valued heavily as it helps you progress through the lectures well. Most of the professors have jobs in their respective fields which makes their teaching more interesting in my opinion as they often link the work with how it is applied in the real world. Overall I would recommend the MBS if international business is the course you want to study."

Giuseppe on StudyCHECK

MBA Salary

Salary after graduating from a Master of Business Administration (MBA) degree program can vary widely and depends on several factors, including the industry, region, the individual's experience and the specific position. Here are some general considerations:

Experience and position: Experience plays a big role in determining salary. Executives and managers with more work experience tend to receive higher salaries.

Industry: Salary can depend heavily on the industry. Industries such as finance, consulting and technology tend to offer higher salaries than others.

Region: The region where you work has a significant impact on salary. Cities with a higher cost of living, like Munich, tend to offer higher salaries.

Company size: Salary can also depend on the size of the company you want to work for. Large companies tend to pay higher salaries than smaller companies.

Specialization: Specialization in the MBA program can also affect salary. An MBA with a focus in areas such as finance or information technology can lead to higher salaries in those specific industries.

It is difficult to give an exact average MBA salary as there is considerable variation. In Germany, salaries for MBA graduates can average between €60,000 and €120,000 per year or more, depending on the factors mentioned. In other countries, salaries may vary.

Career Opportunities after a MBA Degree

A Master of Business Administration (MBA) opens up a variety of career opportunities in different industries and functions. The following list is not exhaustive, and MBA graduates often have the flexibility to work in a variety of industries and positions. The MBA provides a broad apprenticeship in business administration and management, giving graduates the opportunity to steer their careers in a variety of directions. Here are some careers that can be pursued by MBA graduates:

Business Management CEO (Chief Executive Officer), COO (Chief Operating Officer), CFO (Chief Financial Officer), CMO (Chief Marketing Officer)
Consulting Business Consultants, Management Consultant, Strategy Consultant
Finance Financial Analyst, Investment Banker, Portfolio Manager, CFO (Chief Financial Officer)
Marketing and Sales Marketing Director, Sales Manager, Product Manager
Entrepreneurship Company Founder, Startup Manager
Human Resource Management HR Manager, HR Consultants
Logistics and Supply Chain Management Logistics Manager, Supply Chain Manager
Health Management Health Manager, Hospital Administrator
Technology and Information Technology IT Manager, Technology Consultant
Sustainability Management Sustainability Manager, Environmental Manager
International Management International Management, Global Marketing Manager
Project Management Project Manager, Program Manager
Innovation Management Innovation Manager, Research and Development Manager
Risk Management Risk Manager, Compliance Manager
Education Management Education Manager, University Administrator

3 Examples of careers in the MBA field

The following professions not only offer the opportunity to delve deep into different business areas, but also allow you to have a direct influence on the success and development of companies. The constant development and adaptation to new challenges make them particularly demanding and at the same time interesting for people who like to creatively solve problems and drive change.

Research and Development Manager

Tasks: Research and development managers lead a company's research and development activities. They supervise teams of scientists, engineers and professionals to develop innovative products or technologies. Their responsibilities include budget planning, defining research goals, evaluating new technologies and ensuring that the company remains competitive.

Interesting because: The research and development manager position offers the opportunity to achieve excellence in product innovation. The work is demanding and requires collaboration with highly skilled professionals. Developing new products and technologies that impact the market makes this position particularly interesting for innovation-minded professionals.

Sustainability Manager

Tasks: Sustainability managers are tasked with promoting sustainable practices within organizations. They develop and implement strategies for environmental footprint reduction, social responsibility and economic sustainability. This often involves working with various departments, integrating environmentally friendly processes and monitoring compliance with sustainability standards.

Interesting because: Being a sustainability manager allows you to have an impact on the environmental footprint of organizations. The increasing importance of environmental protection and social responsibility makes this position particularly relevant. Sustainability managers can develop innovative solutions that protect the environment and also strengthen the company's reputation and profitability.

DID YOU KNOW?

After studying at MBS, you can also take up all these professions in Germany or abroad without any problems thanks to the international orientation.

FAQ

What is an MBA program?

An MBA degree, or Master of Business Administration, is a postgraduate study program that focuses on advanced business knowledge and management skills. It is usually aimed at professionals with several years of work experience who wish to improve their career opportunities in the field of management. A wide range of topics are covered during the course of MBA studies, including Financial Management, Marketing, Corporate Strategy, Organizational Behavior and more. MBA programs often emphasize practical applications of management concepts and encourage the development of leadership skills. The degree is internationally recognized and is often considered a stepping stone for executives in various industries.

Read more about MBA programs above.

Is studying an MBA a good idea?

The usefulness of an MBA depends on individual career goals, industry and personal circumstances. For some, an MBA can facilitate career advancement and provide a strong network, while others may prefer other forms of further education. It is important to consider personal goals and the specific requirements of the career path.

Read more about MBA programs above.

Is an MBA program difficult?

The difficulty of studying an MBA varies from person to person and depends on several factors, including one's prior knowledge, workload during the studies, time management skills and the complexity of the chosen program. In general, an MBA program can be demanding as it provides in-depth knowledge in various business areas and often includes hands-on projects, case studies and group work. A solid work ethic and commitment are often crucial for academic success. It is advisable to be prepared for intensive learning phases and to strengthen your own self-organization skills.

How much does an MBA program cost in Germany?

The cost of an MBA program in Germany can vary greatly and depends on several factors, including the university, the duration of the program and the specific content. In general, tuition fees for an MBA program in Germany can range from several thousand to several tens of thousands of euros per year.

It is important to note that many German universities have relatively low tuition fees compared to international standards. However, there are also more expensive private institutions that may charge higher fees. In addition to tuition fees, living costs, books, materials and other expenses should also be taken into account.

It is advisable to find out the exact costs and financial support options directly from the respective university and check whether scholarships, loans or other funding options are available.

What does MBA Study mean?

MBA stands for Master of Business Administration. It is a postgraduate academic degree that focuses on business and management-related study content. The MBA program is generally aimed at people with professional experience who wish to deepen their knowledge in the areas of management, leadership and strategy. The program is designed to prepare executives for demanding positions in the business world and offers a wide range of topics, including finance, marketing, Human Resource Management and corporate strategy. MBA programs are offered worldwide and are considered one of the most prestigious forms of business education.

Read more about MBA programs above.

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Would you like to learn more?

Studienberater MBS: Maciej Kaproń, M.Sc.
Program Advisor MBA Maciej Kaproń, M.Sc. +49 89 547678 254 +49 178 2304275 mba@munich-business-school.de
How can we help you? Next Steps Arrange consultation Request brochure Apply online
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