EXCHANGE AND STUDY ABROAD PROGRAMs

The Undergraduate Exchange Semester (UES) is offered twice a year. Studies either start in fall (September-December) or spring (January-May). The respective semesters have slightly different content.

If you would like to see an overview of all courses offered in the Undergraduate Exchange Program please consult the UES course catalogue.

Academic requirements
You must have completed a minimum of 3 semesters of business related academic studies with a minimum GPA of 3.0/4.0/B by the time you enter the UES program.

Language requirements
You must be fluent in English and submit proof of sufficient language proficiency.

Proof of English proficiency: TOEFL iBT 83 or IELTS 6.0

Other requirements
In order to study in Germany, you must meet all German visa and health insurance requirements.

More about requirements for incomings

Where do I need to apply?
If you are a student from a partner university having bilateral agreements with MBS (exchange and/or Erasmus+), you must contact your university's International Office to be nominated and approved.

If you study at a non-partner university, you will join the program as a so-called "freemover". As a result, you need to apply via MBS's online application portal and pay a semester tuition fee of € 5,700 for up to 30 ECTS.

Please hand in the following documents:

• Most recent transcript(s) from your university
• Proof of English proficiency (TOEFL iBT 83 or IELTS 6.0)
• Copy of a valid passport (should be valid for at least 10 months at the time of application)
• Recent passport size photo
• Signed Advising Sheet

When do I need to apply?
Application deadlines:

Fall semester (September-December): March-June
Spring semster (January-April): September-October

Tuition fee per semester: € 5,700

Important note: Students from MBS partner universities may receive a tuition waiver depending on the cooperation agreements on student exchange.

Students will study integrated alongside our Master students in the Master International Business program. Courses can only be chosen from the respective semester. If you would like to see an overview of all courses offered in the Graduate Exchange Program please consult the GES course catalogue.

Academic Requirements
You must have completed 1 or 2 semesters of business related academic studies at Master level with above average grades by the time you enter the study abroad program.

Language requirements
You must be fluent in the language of instruction and submit proof of sufficient English proficiency via TOEFL/IELTS. The minimum scores are: TOEFL iBT 85 or IELTS 6.5.

Other requirements
In order to study in Germany, you must meet all German visa and health insurance requirements.

More about requirements for incomings

Where do I need to apply?
If you are a student from a partner university having bilateral agreements with MBS (exchange and/or Erasmus+), you must contact your university's International Office to be nominated and approved.

If you study at a non-partner university, you will join the program as a so-called "freemover". As a result, you need to apply via MBS's online application portal and pay a semester tuition fee of € 8,300 for up to 30 ECTS.

What do I need to hand in?
Please hand in the following documents:

• Most recent transcript(s) from your university
• Proof of English proficiency (TOEFL iBT 85 or IELTS 6.5)
• Copy of a valid passport (should be valid for at least 10 months at the time of application)
• Recent passport size photo
• Signed Advising Sheet

When do I need to apply?
Application deadlines:

Fall semester (September-December): March-June
Spring semster (January-April): September-October

Tuition fee per semester: € 8,300

German immigration law requires a Student Visa (Visum für Studienzwecke) to take on any kind of studies. As an incoming student, you need to apply for your visa as soon as you receive your visa invitation letter from MBS.

EU-Citizens
If you are holding a passport of the European Union, you are a Union Citizen (Unionsbürger) and therefore do not have to apply for a Student Visa for your studies in Germany. You only have to apply for a residence permit after your arrival.

Preferred Countries
If you are holding a passport of a "preferred country", you can enter Germany on a Tourist Visa but still have to apply for a Student Visa in Germany after your arrival. 
Preferred countries are: Australia, Canada, Israel, Japan, New Zealand, the Republic of Korea and the United States of America.

All other Countries
If you are holding a passport of any other country than the above mentioned, you have to apply for a Student Visa at the German Embassy in your home country. Please always check specific visa regulations with the German Embassy in your home country!

More about Student Visa

MBS Appartment Exchange & Housing Guide
MBS Housing Guide: Once accepted, you will be provided with a guide containing information on apartment complexes and rental agencies as well as general information and links on living in Munich.

MBS Microsoft Teams Homeseekers Group: This service may help you to find a suitable apartment or shared flat within the MBS network. At the same time, you have the chance to meet with your fellow students and to be informed of the current housing situation in and around Munich.

Rental Prices 
Rents in Munich are generally high. Students therefore often share apartments to save costs. Rentals are often unfurnished. Below are some examples of rental options:

• Room in shared apartment: € 600 to € 800
• Studio (one room with kitchen and own bath): € 900 to € 1,000
• Apartments: € 1,000 to € 1,300 (1 bedroom), € 1,400 to € 1,800 (2 bedrooms)

Utilities (electricity, heating, Internet, GEZ etc.) are typcially not included in the above examples.
 

Cost of Living
We estimate that your living costs will be between € 1,450 and € 1,750 per month. Your budget will mostly depend on how you manage your free time (e.g. travelling, eating out, opera, concerts, using sports facilities, visiting museums and clubs etc.).

Below are two examples of an exchange student’s monthly budget:

* Example 1 refers to a room in a shared apartment which can be found on www.wg-gesucht.de.  
**Example 2 represents a typical rent for a studio (1 room apartment) in Munich.

By German law, you must have a valid health insurance during your studies in Germany. A valid travel insurance is not sufficient. Please find below respective information on fees and requirements for EU and non-EU citizens:

EU Citizens
If you hold a passport from an EU country or from Bosnia-Herzegovina, Croatia, Iceland, Israel, Liechtenstein, Macedonia, Montenegro, Serbia, Slovenia, Switzerland, Tunisia, or Turkey, you are exempt from the compulsory German health insurance if you provide proof of health insurance coverage from your home country. In this case, you must obtain the European Health Insurance Card (EHIC) from the responsible health authority in your home country prior to coming to Munich.

Non-EU Citizens
MBS only accepts health insurance from designated health insurance providers.
More about Health Insurance

MBS' partner regarding health insurance is TK offering discounted insurance premiums for our students. If you have any questions, please contact Fabian Vicari.

Fabian Vicari
Hochschulberater
Elisenstr.3
80335 München

(+49) 040 - 46 06 51 04-606
(+49) 01 72 - 752 12 91
Fabian.Vicari@tk.de

The orientation days take place at the end of August or in mid-January and cover various topics, such as health insurance or instructions on how to register at the immigration office. Furthermore, students receive their student ID and a welcome package. As part of the orientation days, the International Center organizes networking events together with the MBS International Club, where new students can get to know each other and exchange ideas. In doing so, the students are able to quickly settle in and feel at home in Munich as well as at Munich Business School.