Masters in management in Germany also known as MIM in Germany is a very precisely structured course for the students of management who wishes to learn and gain exposure to management strategies. The management courses are very popular among students internationally and a master’s in management in Germany or MIM in Germany is becoming another such place to study. Another reason behind the popularity of MIM in Germany is that the course is offered in the English language which makes it approachable to more students.
To know more about MIM in Germany, the universities offering master’s in management courses, Job prospects after MIM in Germany, and How to apply to study MIM in Germany read the below details.
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MIM in Germany without GMAT
GMAT is known as the graduate management admission test it is a standardised test that is taken as a measure of aptitude comprising the mathematical, verbal, and analytical domains. It is a very common examination amongst business schools for admission or entrance in MBA. However, for the entrance into Germany’s MIM program following points are to be noted.
- GMAT is not mandatory but the scores are very much recommended to submit for swift admission process.
- English proficiency test scores that are IELTS, TOEFL scores are to be submitted by the international students.
- Some universities ask for prior work experience of around 3 months before admission.
- A bachelor’s degree in a relevant field as management.
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MIM course in Germany
MIM in Germany requires proper planning and knowledge before admission, few pointers or information are very important to know regarding the course structure, various top universities that provide a similar course along with the duration, and the tuition fees that each university charges for MIM in Germany.
| COURSES | DURATION |
| Master in management analytics | 12 months |
| Master in sustainability and impact management | 24 months |
| Master in international business management | 24 months |
| Master of Arts in international marketing management | 24 months |
| Masters business administration | 24 months |
| Master of Science in international management | 24 months |
| Master in management | 24 months |
Top MIM colleges in Germany
MIM in Germany is one of the most opted courses by the students and students generally aim for the best or the top universities. Some of the most prominent colleges in Germany that provide with MIM program are listed below with detailed information regarding its fees structure, location, colleges, and popular course.
| Colleges | Location | Popular course | Fees |
| Whu-Otto Beisheim School of management | Vallendar and Dusseldorf | Master in international business management | 17,538 |
| Frankfurt School of finance and management | Frankfurt | Masters business administration | 18,040 |
| Technical University | Munich | Master in management | 144 |
| Mannheim Business School | Mannheim | Master in sustainability and impact management | 3,330 |
| HHL Leipzig school of management | Leipzig | Master in management analytics | 15,890 |
MIM in Germany public universities
MIM in Germany is generally opted by the majority of the international students who try to take admissions to public universities, these public universities have a good framework and benefits for the international students and are free or have minimal tuition fees.
Some of the public universities that provide with MIM in Germany are as follows:
- University of Mannheim
- technical university
- University of Berlin
- Ludwig Maximilians University
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MIM salary in Germany
MIM in Germany is not just famous because of its good course structure but also for the opportunities and job framework that the degree would provide after graduating, here are some of the job opportunities listed below that can be taken up after the completion of MIM program
| Designation | Salary |
| Project development manager | 161664 |
| Revenue manager | 155000 |
| Business development manager | 179000 |
| Project planner | 133000 |
| Reporting managers | 149000 |
Master in Management in Germany: Admission
Applicants must meet certain specified eligibility criteria, submit relevant papers, and attend interviews in order to be admitted to any of the German universities providing master’s degrees in management (if required). The following are the specifics for applying to German universities:
Some of them are mentioned below :
- To apply for a Master of Management in Germany, you must have a bachelor’s degree, ideally in a management-related area, and appropriate professional experience.
- A passport that is valid till the end of your stay in Germany.
- a passport photocopier
- Higher education transcripts
- Test scores necessary for studying in Germany, such as English and German language proficiency.
- Personal essays
- Evidence of job experience
MIM in Germany eligibility
It is very important to check the basic eligibility criteria of a university before taking admission to MIM Germany, this will help the student to equip more and also get to know the basic requirements that the colleges are asking for.
- Students should have a bachelor’s degree before applying for the master’s, some colleges ask for a minimum GPA score, this should be checked before applying.
- Students or candidates should pass an English proficiency test such as IELTS, TOEFL and PTE with the required score.
- Some universities ask for GMAT scores or GRE scores as their requirement.
- 2 letters of recommendation are also asked for during the admission process.
- Some universities ask for work experience as well ranging from 2-3 years.
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MIM in Germany requirements
Before a student applies for a visa in Germany there are various requirements that are to be fulfilled, student needs to get in touch with the German embassy or consulate situated in their particular country. Application for the visa can be applied through the arrival of an acceptance letter from a university or by entrance exams score, in case the student does not have any of these then they can also apply via a prospective student visa.
- Valid passports
- Sufficient funds proof
- Health insurance-related proof
- Health certificate copy
- Transcripts of the previous qualifications along with scores on the English proficiency test.
- A CV
- Letter of acceptance from the university chosen by the student
- Proof of visa application fee payment
- German proficiency test scores
- 2 passport size recent photographs
MIM in Germany cost
Though some of the public universities have a minimal fee structure there are still some costs of living that the student has to incur, here is the tentative expense that the student might incur while pursuing MIM in Germany.
Pre arrival expense or cost
| Type of expense | Cost USD |
| Program application fee | 100-150 |
| Health insurance | 90-180 |
| Visa application fee | 84 |
| IELTS | 185-190 |
| TOEFL | 160-250 |
| GMAT | 250 |
| GRE | 205-230 |
| Airfare | 450-1400 |
Post arrival expense or cost
| Type of expense | Cost USD |
| Accommodation | 254-398 |
| Food and drink | 190 |
| Clothing | 45 |
| Working or learning materials | 23 |
| Travel | 110 |
| Health insurance | 90 |
| Phone, internet, TV | 35 |
| Social life | 68 |
| Total | 815-859 |
Academic fees
| Colleges | Fees |
| Whu-Otto Beisheim School of management | 17,538 |
| Frankfurt School of finance and management | 18,040 |
| Technical University | 144 |
| Mannheim Business School | 3,330 |
| HHL Leipzig school of management | 15,890 |
MIM in Germany fees
MIM in Germany has a different fee structure for different universities depending on their course outline, duration, and on whether they are private universities or public universities. Here are few universities with their fees listed.
| Colleges | Fees |
| Whu-Otto Beisheim School of management | 17,538 |
| Frankfurt School of finance and management | 18,040 |
| Technical University | 144 |
| Mannheim Business School | 3,330 |
| HHL Leipzig school of management | 15,890 |
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Masters in Management in Germany with Scholarships
Despite the fact that you will be following a tuition-free higher education system, you will be obliged to pay an administrative fee every semester. The government and private organisations fill the gap between a student’s financial capabilities and his or her needs.
International students in Germany can receive scholarships ranging from 172 USD to 943 USD each month. The country draws 350,000 foreign students from across the world by providing a variety of merit-based and need-based scholarships, grants, and other financial aids. Some of the financial assistance options for students seeking a master’s degree in management include:
Government-funded Scholarships
- Erasmus+: This scholarship is accessible to graduate students who have excelled academically and have two years of job experience. The reward amount is roughly 840 USD.
- Development-related postgraduate courses (EPOS): The European mission administers this scholarship programme, which provides German students with an average of $315 USD each month.
- DAAD: The German academic exchange service (DAAD) is famous for granting aid to more than 100,000 German and international students pursuing various degrees. It offers almost 215 scholarship opportunities and other forms of aids. The students receive scholarships for their research-work, education, and assignments.
University Scholarships for Masters in Management in Germany
- WHU-Otto Business School: Students with GMAT scores above 700 are eligible for a WHU merit scholarship. The amount of the reward varies.
- ESMT Berlin: 5880 USD (number of scholarships offered-4) is available to candidates with a GMAT score of 700 or above.
- HHL Leipzig: HHL Woman in Business- 5880 USD is a scholarship programme for female students enrolled in MSc Management programmes.
Scholarship Requirements in General
- No age restrictions.
- A student may apply at any time between the end of the previous academic year and the completion of the university degree.
- The scholarships are only offered to full-time students.
- Students may be required to get language competency certifications.
FAQs
Ans: Yes, provided you pursue the MIM course at a public institution in Germany. Because public colleges in Germany may not charge tuition for MIM, there are always alternatives for free MIM in Germany.
Ans: In reality, the majority have an international component, whether it’s an exchange programmes with business school or a practical project with a foreign enterprise. All of this has contributed to Germany being a fantastic destination to study and work.
Ans: You must be enrolled in a higher education institution and both your home university and the German university must have signed the Erasmus Charter for Higher Education in order to be eligible for the scholarship to Germany.
Ans: Scholarships amout up to 400 EUR per month, four months per semester, are available to Master’s degree students at Hamburg University of Applied Sciences. Leipzig Graduate School of Management provides financial assistance to students enrolled in several MSc programmes.
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