Pre-arrival costs in Germany are expenses equally important in securing a place for an MBA journey in Germany and a smooth transition. The following are almost certainly the things students planning on studying MBA in Germany will want to consider:
Standard Examination Fees for MBA in Germany
You may need to take some exams to pursue an MBA in Germany. The exams and their costs are listed below:
Test
|
Registration fee
|
Total number of fee scorecards
|
Cost per additional scorecard
|
IELTS
|
USD 190 (INR 15,860)
|
5
|
USD 18 (INR 1,500)
|
TOEFL
|
USD 190 (INR 15,860)
|
4
|
USD 20 (INR 1,660)
|
|
USD 275 (INR 22,950)
|
5
|
USD 35 (INR 2,920)
|
GRE
|
USD 213 (INR 17,780)
|
4
|
USD 30 (INR 2,500)
|
Student Visa Cost for Germany
The visa fees are an important aspect for any Indian student Fate brings to study in Germany. The typical German Study Visa costs around EUR 87 (INR 7,760), approximately INR 7,760. However, the amount may differ depending on the type and the validity of the visa. You can thus check the official website of the German Embassy or the Consulate in India.
Housing Deposit
In Germany, obtaining housing typically entails paying a housing deposit. The deposit is a form of assurance for landlords. In Germany, rental deposits are not standardized. But, the German Civil Code limits them to at most three months' rent. This pertains to the "cold rent," excluding utilities and other costs.
Living expenses form a significant portion of the total fees for an MBA in Germany. International students typically spend EUR 1,000 (INR 89,260) to EUR 1,500 (INR 1,33,890) monthly. The amount varies with their chosen standard of living in Germany.
Travel Expenses to Germany
Travel expenses to Germany are very important when one desires to take a trip to this country. The knowledge about the costs expected to be incurred will help in effective budgeting and ensure smooth travel. Careful consideration and planning are required when maneuvering travel expenses to Germany. By flight, for instance, it ranges from about EUR 392 (INR 34,990) to EUR 896 (INR 79,980).
Summarising all the pre-arrival costs incurred when pursuing an MBA in Germany:
MBA in Germany Expenses
|
Pre-arrival Cost Incurred (in EUR)
|
Pre-arrival Cost Incurred (in INR)
|
Application Fees
|
112
|
9,990
|
Examination Fees
|
213
|
17,780
|
Visa Fees
|
87
|
7,760
|
Housing Deposit
|
1,000
|
89,260
|
Travel Expenses
|
392
|
34,990
|