Last chance: €4,000 Early Bird discount  on all MBA applications with deadline April 30, 2026
MBS Logo

Studying
Abroad

Studying abroad is a great enrichment – both personally and with regard to your future career. During a study abroad, you will learn to find your way in a new (university) culture, expand your foreign language skills and make international contacts. Are you ready for this adventure? Then you will find everything you need to know about studying abroad here.

What Exactly Is Studying Abroad?

When you study abroad, you study – as the name suggests – in a foreign country. There are various options for studying abroad, which differ in terms of duration and organization.

The most popular way to study abroad is the semester abroad. This means you spend a semester, usually three to six months, at a foreign university. Together with local and other international students, you take courses at a host university, which you can have credited to your regular studies after your return.

So-called summer schools offer a condensed version of a semester abroad. These courses are specially designed for international students and take place during the domestic semester break, so you won't lose any time if your university doesn't offer a semester abroad.

Furthermore, there are universities that enable you to study abroad for not just one, but two or more semesters, and even to obtain a double degree. At Munich Business School (MBS), for example, students in the bachelor's program can take advantage of the Bachelor Global Program, which allows you to double your international experience by spending two semesters abroad and completing your studies with an extended degree of 240 ECTS credits instead of 210. The dual degree option for the master's program in International Business is also very popular: First two semesters in Germany, then two semesters studying abroad at one of MBS' partner universities, followed by the master's thesis. At the end, you will have two degrees in your pocket – one German and one international.

You want more than that and are looking for the full experience of studying abroad? Then you can, of course, spend your entire bachelor's or master's degree abroad. However, this requires more independent organization on your part.

Discover Destinations for Your Study Abroad Experience

You know you want to study abroad, but where should you go? The whole world is at your feet and you are spoiled for choice. North or south? A prestigious university that will give your career a real boost, or a semester abroad that feels more like a vacation than hard work? Ideally, you want it all. How can you possibly decide?

Our info pages will help you find the right destination and university for your study abroad adventure  – whether in Europe, the US, or overseas:

Why Is Studying Abroad Beneficial?

It may seem daunting at first to leave the comfort of your home and move abroad to study. But take it from us: it's worth it and studying abroad is almost a must in today's job market. If you take a closer look, you'll quickly see that the advantages outweigh the disadvantages. We've listed some of the benefits of studying abroad for you – pretty impressive, isn't it?

Perfect Timing

University is the perfect time to gain experience abroad. You are old enough to find your way around a foreign country independently, but at the same time you still enjoy the freedoms of student life and don't yet have as many obligations as you will after starting your first job.

Improved Language Skills

What better way to learn a foreign language than to immerse yourself in it? Being surrounded by the language every day will take your knowledge to a whole new level! Studying abroad also gives you new specialist vocabulary – either in the local language or in English.

International Network

Studying abroad allows you to meet a wide range of new people. Contact with other students often leads to life-long friendships. At the same time, you can expand your professional network. Who knows, you might even meet your future employer while studying abroad!

Enhanced Career Opportunities

Studying abroad is a real asset on your CV. It demonstrates motivation, resilience, independence, intercultural competence and the ability to solve problems – all important soft skills for gaining a foothold in the ever faster changing world of work.

Personal Development

Studying abroad is not only a journey to another country, but also to yourself. You will learn a lot about your strengths and weaknesses. After studying abroad, you will return more self-confident and be able to communicate clearly what you want and where your limits are.

Expansion of Your Expertise

Studying abroad gives you a fresh perspective on your field of study. The saying “when in Rome, do as the Romans do” also applies to academia. You will be exposed to different topics, concepts, approaches and methods, and thus broaden your horizons.

Jelena Novkovski, M.A. Head of International Center at Munich Business School
“Studying abroad is more than just an academic experience – it is a chance to broaden your horizons, develop intercultural skills and build an international network. In an increasingly interconnected world, such experiences are indispensable. Every student should take advantage of this opportunity to grow both professionally and personally. Studying abroad not only prepares you for the global job market, but also promotes understanding and tolerance for other cultures – values that are of great importance in our society.”

When Is the Right Time To Study Abroad?

When the right time for a stay abroad during your studies is depends entirely on which model you choose and how much time you want to spend abroad. As a rule of thumb, the longer the stay abroad, the more lead time you need for planning and organization.

If you only want to study abroad for a few weeks, for example as part of a language course or a summer school, there are usually no restrictions and you can do this right at the beginning of your studies.

Semester Abroad

+

Studying Abroad for a Full Degree: Bachelor’s or Master’s?

+
Linda Brosig Bachelor's graduate of Munich Business School
“I spent part of my schooling in the UK. For my bachelor's degree, however, I decided to return to Germany, but I didn't have to miss out on the international flair at Munich Business School (MBS). The fact that I was able to study entirely in English was exactly what I needed. During my time at MBS, I already knew that I wanted to do a master's degree, and the London School of Economics was at the top of my personal ranking. I found a course that built on my bachelor's degree in a meaningful way and perfectly matched the internships I had done after graduating."

Studying Abroad: Where Should I Go?

In principle, you can study anywhere in the world. The whole world is at your fingertips, which means you have many options when deciding where to study abroad.

To help you decide on the right place to study, it is useful to ask yourself the following questions:
 

  • Interests: Which countries, languages, and cultures interest me?
  • Language: Do I want to learn a new language or improve my language skills?
  • Priority: Do I want to focus on my studies and professional development, or do I want to get to know the country and its people?
  • University: Is there a specific university where I want to study abroad because, for example, it has a very good reputation?
  • Safety versus adventure: Do I want to study in a country I have already visited or where I even have family and friends, or would I prefer to embark on a completely new adventure?
  • Course offerings: Are there courses and specializations at the foreign university that significantly complement my previous studies and allow me to develop in the best possible way?
     

If you want to study abroad for one or more semesters as part of your studies in your home country, your university's International Office is your first point of contact. Most universities have an extensive network of partner universities abroad where you can easily complete your semester abroad. Munich Business School, for example, has cooperation agreements with more than 70 universities worldwide: there are options for everyone!

Study Abroad at a Partner University of Your Home University

If you choose a university affiliated with your university to study abroad, you will have some advantages: on the one hand, the exchange between the universities is already established, so the organizational effort is minimal. The staff at the International Office will be happy to help you plan your studies abroad. On the other hand, the recognition of academic credits earned abroad is fairly straightforward. You should also not ignore the financial factor: often there are no additional fees for studying abroad at partner universities (there may be exceptions for dual degree programs). With the help of an online database or a personal consultation, you can get an overview of the available partner universities abroad, find out whether you need to meet certain requirements, such as language skills, and discover which university offers the courses that interest you most.

If you are torn between two universities or countries for your studies abroad, or if you generally find it difficult to make decisions, the experiences of students in higher semesters can be very helpful. Contact the International Office and keep an eye on your university's communication channels: students often provide (live) information about their studies abroad on social media or share their experiences in a blog. Of course, other people's experiences do not guarantee that your studies abroad will be exactly the same—that would be boring—but they can guide you and possibly ease some of your anxiety.

 

Studying Abroad as a Freemover

Haven't found what you're looking for in your university's international partner network? Then you can plan your studies abroad at the university and in the country of your choice on your own, as a so-called “free mover.” However, keep in mind that this increases the organizational effort: you have to contact the university of your choice independently, check the admission requirements, find out which courses are eligible and, very importantly, which ones will be recognized in your home country, and finally submit your application. Depending on the country you have chosen, tuition fees may also arise. In the next section, you will find more information about tuition fees during your studies abroad.

The 5 Most Popular Countries for Studying Abroad

The 5 Most Popular Countries for Studying Abroad
 

Did you know? The USA, Canada, the United Kingdom, France and Australia are the five most popular countries for studying abroad worldwide.

The World Is Your Oyster – Discover Popular Study Options

Studying abroad not only broadens your horizons, but also your career opportunities. In our overview, you will find popular study destinations and learn about the programs, universities, and partnerships that await you there.

Tuition Fees Abroad

In many countries around the world, students have to pay tuition fees. The costs vary greatly from country to country. In more than 60% of countries, fees are at least €1,000 per year, but in many cases they are significantly higher – often in the range of €10,000 to €20,000 per year. Tuition fees are particularly high in the most popular countries for studying abroad, with the exception of France. The US tops the list of the most expensive countries to study in, followed by Australia, the United Kingdom, and Canada.
 

Do I Have To Pay Tuition Fees While Studying Abroad?

+

How To Save on Tuition Fees While Studying Abroad

+

How Can I Finance Studying Abroad?

Even if you can save on tuition fees, studying abroad still costs money. Sometimes you have to take care of special things before you leave that affect your wallet. These include, for example, applying for a visa, vaccinations or purchasing study materials and travel equipment. Then there are travel costs to get to your study abroad destination and to get around once you arrive. You should also not underestimate the cost of living during your studies, i.e. the costs of everyday life, which can vary greatly around the world.

In addition to saving up early, family support or a part-time job during your studies abroad, there are numerous external financing options available to help you realize your dream of studying abroad. We will present a few ideas to you:

Erasmus+

If you decide to study abroad as an Erasmus student, i.e. in one of the Erasmus+ program or partner countries, you will not only save on tuition fees at the foreign university, but you will also receive a monthly financial grant, the amount of which depends on the respective destination country.

Erasmus+ program countries include the member states of the European Union (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden) as well as Iceland, Liechtenstein, North Macedonia, Norway, Serbia and Turkey. Stays in the Erasmus+ partner countries, most of which are outside Europe, can also be funded, although less money is available for these. 

With Erasmus+ you can finance both your studies and internships abroad. The funding period is between two and a maximum of twelve months per study cycle, i.e. you can study in a (European) country for one to two semesters during your Bachelor's and Master's studies. It is also possible to split the funding months, for example into two six-month periods.

+

BAföG for Studies Abroad

Another option for financing your studies abroad is to apply for BAföG for students studying abroad. The good thing about this is that the assessment thresholds for BAföG for students studying abroad are significantly higher than for the domestic version, so that students who would not be eligible for funding in Germany may also benefit from BAföG for students studying abroad.

To be eligible for BAföG funding while studying abroad, you should study for at least 12 weeks in another European country or for at least six months in a non-European country. The choice of your host country determines how extensive the funding for your studies abroad will be: Within the EU and Switzerland, you will receive BAföG from the beginning to the end of your studies, i.e. in these countries you can easily complete a full Bachelor's or Master's degree abroad. If you want to study outside the EU, you can usually receive BAföG for up to one year. If the university abroad is a partner university of your German university, you can receive funding for a longer period of time. In addition to the monthly rates that are standard in Germany, financial support through BAföG for studies abroad includes the assumption of tuition fees of up to €5,600 for a maximum of one year, as well as contributions to travel, health insurance and living costs. Unlike Erasmus+, BAföG must be repaid at 50% after graduation. The tuition fee grant is an exception to this – you get this for free. If you are interested in financing your studies abroad with BAföG, you should apply at least six months in advance.

Pro tip: Erasmus+ and BAföG do not exclude each other. You can get both at the same time.

+

Scholarships

Scholarships are an essential element of the promotion of young talent and provide financial support for students and other individuals. The German Academic Exchange Service (DAAD) is the largest provider of scholarships for study abroad programs.


There are both cross-disciplinary scholarships and subject- and country-specific grants to finance studying abroad. The HAW.International Scholarship is available for students at a University of Applied Sciences. If you are planning a shorter stay abroad of between one and six months outside the Erasmus+ area, you can apply for the DAAD's PROMOS scholarship. The DAAD scholarship database provides an overview of the various programs and the opportunity to apply.

+

Student Loans and Educational Funds

Of course, you can also use student loans and educational funds to fulfill your dream of studying abroad. However, you should be aware in advance that these financing models involve borrowing money and that you will have to repay the money (plus interest).

The well-known KfW student loan can also be used for studying abroad. However, since you must be enrolled at a German university, this loan is only suitable for financing semesters abroad, but not for a complete Bachelor's or Master's program abroad.

The situation is different with the state education loan: This program from the federal government is aimed at students in advanced phases of their education and can be used to finance both semesters abroad and a Master's degree abroad.

One education fund that explicitly focuses on studying abroad is the Deutsche Bildung fund. The financing works via a reverse generation contract: during your studies abroad, you receive money from the fund. As soon as you are securely established in your professional life, you pay back a portion of your income, thus ensuring funding for future generations.

Whether you choose a student loan or an education fund, you should carefully research providers and their respective terms regarding interest rates, fees, waiting periods and repayment periods to ensure that your studies abroad do not become a debt trap. You can find more details about how student loans and education funds work on our blog.

+
Out Into the World – Discover Popular Destinations for Your Studies Abroad

You have recognized the advantages of studying abroad and want to take the plunge. But where should you go? The whole world is at your feet and you are spoiled for choice. Our info pages will help you find the right country and university for your study abroad adventure – whether in Europe, the US, or overseas:

 

 

Frequently Asked Questions (FAQ) About Studying Abroad

Studying abroad is becoming increasingly popular among students – and rightly so! At the same time, a stay abroad during your studies is a big step and needs to be well planned. To give you a better overview and to support you in the best possible way with the organization, you will find answers to frequently asked questions about studying abroad in this FAQ.

What are the benefits of studying abroad?

+

How much money do you need for a semester abroad?

+

How can you finance your studies abroad?

+

In which semester should you do a semester abroad?

+

Can you do your master's degree abroad?

+

Did you find this article helpful? Do you have any suggestions or questions about this article? Have you noticed something or is there a topic you would like to know more about? Your feedback is important to us! It enables us to constantly improve our offer and provide you with exactly the content you are interested in.
Contact editorial office

Note on readability and salary information: The salary ranges given refer to Germany.