Apart from the renowned MBA courses, German institutions also offer MIM or Masters in Management degrees for international students. It is almost similar to the MBA program, with some differences in course curriculum and requirements. Programs offered by the best MIM colleges in Germany include an overseas internship, with the opportunity of earning dual degrees. As a result, enrolling in a MIM program in some of the best MIM colleges in Germany can be quite beneficial
In this blog, we will discuss all the specifics about the best public universities in Germany for masters in management including their fees, courses, requirements and much more.
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MIM in Germany: Course Overview
Before moving on to know about the universities in Germany for MIM, let us help you with a brief overview of the MIM program taught in Germany:
Type of Degree Offered
Masters
Duration
2 Years
Types of Universities Available
Public, Private
Tuition Fee for International Students
€3,000 - €40,000 or ₹2.5 lakh to ₹30 lakh
Why Study MIM in Germany?
Every course has its share of benefits. But it is important to be aware of all the utility and future prospects of it beforehand. So lets begin our discussion by looking at the perks of studying MIM in Germany:
Business experience: When compared to other programs, MIM in Germany involves a significant amount of practical experience within the course framework. MIM courses in Germany have a research focus, so you'll be exposed to critical thinking in a variety of real-life situations.
Affordability: The public MIM universities in Germany charge no fees or minimal fees from international students. MIM in Germany is never heavy on your pockets.
Flexibility: Most top MIM colleges in Germany offer the freedom to choose between completing the course full-time or part-time. There are even some that let you study MIM in Germany without GMAT.
How to Choose the Right MIM Universities in Germany?
There are some of the best MIM colleges in Germany. Making the right choice might seem like a struggle when you have many options in front of you. But remember to do thorough research. To choose amongst the best MIM colleges in Germany follow the steps below:
Segregate the colleges that provide the course you wish to study
Check the tuition fees, living expenses, faculty, and course quality for each college
Compare everything and then decide what suits you the best
The process of skimming down to the best options when it comes to MIM colleges in Germany can be a little confusing or tedious for some.
Here, we have listed out the best colleges for MIM in Germany:
University of Mannheim
European School of Management and Technology
HHL Leipzig Graduate School of Management
WHU- Otto Beisheim School of Management
ESCP Business School
TUM School of Management
University of Cologne
Frankfurt School of Finance and Management
HWR Berlin- Berlin School of Economics and Law
ESB Reutlingen
Let us now dive deeper into each MIM university in Germany one by one:
1. University of Mannheim
The first college amongst the best mim colleges in Germany is the University of Mannheim. The Master in Management program at the University of Mannheim Business School was ranked the finest in Germany by the Financial Times in 2018. It has a well-known reputation of being triple-accredited by the most respected governing authorities for management education.
During the course, students studying MIM learn about Accounting, Taxation, Banking, Finance, Insurance, Information Systems, Marketing, and Sales, among other things.
2. European School of Management and Technology (ESMT)
The MIM program at ESMT is well regarded amongst all top MIM universities in Germany. The curriculum is a two-year program that includes a worldwide internship, social impact projects, and the possibility of an exchange or double degree.
The curriculum is taught entirely in English and focuses only on teaching students the subtleties of international management. Students can choose from specialities such as Business Analytics, Finance & Investments, Entrepreneurship & Innovation, and Global & Digital Strategy in the second year.
HHL Leipzig is not just one of Germany's best business schools, but it also boasts global rankings. The university obtained an overall score of 97.1 out of 100 in the QS Masters in Management Ranking 2022 and ranked eighth worldwide in the category "Value for Money."
Part-time and full-time Master of Management programs are available at the university. These management training programs may be completed in 21-24 months.
University Type
Private
Location
Leipzig
Tuition Fees
€15,890 or ₹14 lakh
Popular Programs
Full-time Master in Management
Part-Time Master in Management
Master in Management, Finance
4. WHU - Otto Beisheim School of Management
The Financial Times ranked the Mim in Germany at WHU first among all programs in Germany, among the best business schools. A worldwide faculty, practitioners, and business professionals teach the courses. The MIM allows for real-life case studies, industry visits, and guest speakers.
Furthermore, the optional courses assist you in selecting a degree that is appropriate to the student's future career.
The ESCP Berlin Campus is a state-recognized university. It is one of Germany's top and most respected business schools. ESCP's Masters in Management program includes all functional areas of management.
The multinational teaching and student body offer a diverse intercultural experience.The business school is well-known for its solid basis in worldwide business education. It is most definitely one of the best mim colleges in Germany.
University Type
Private
Location
Berlin
Tuition Fees
€227,000 or ₹1.1 Cr (total)
Popular Programs
Masters in Management
6. TUM School of Management
Operating under the Technical University of Munich, the TUM School of Management is a highly renowned B-School in Germany. With a total enrollment of around 5,000 students, the B-school welcomes international students from across 150 countries around the globe. TUM School is also famous for offering a blend of technology and management courses through its very diverse curriculum.
One of the most prestigious and research intensive universities in Germany, the University of Cologne offers international students with a highly valued degree. The university is considered one of the oldest universities in Germany, and hence, known for offering an exceptional education.
The MIM program at Cologne is a blend of business practice and management theory, definitely one of the most recognised in the entire world.
University Type
Public
Location
Cologne
Tuition Fees
€30,915 or ₹20 lakh per semester
Popular Programs
Masters in International Management
8. Frankfurt School of Finance and Management
Frankfurt School of Finance and Management is a private university, which is recognised under Hesse’s Higher Education Act. Particularly famous for its MBA, EMBA and MIM programs, the B-school awards students with a degree that is highly valued and recognised across the world.
The school has a total overall enrolment of 3,000 students from more than 120 countries worldwide.
Founded as a merger between the Berlin School of Law and the FHVR Berlin, the HWR Berlin offers students with programs related to applied sciences. A majority of programs offered at HWR Berlin are focussed majorly on skillful demonstration in the field of public policy, administration, business, law, etc.
University Type
Public
Location
Berlin
Tuition Fees
€19,800 or ₹15 lakh
Popular Programs
Masters in International Management
10. ESB Reutlingen
ESB Reutlingen at Reutlingen University is known for its close proximity with the commerce industry, thereby offering international students with an extremely excellent industrial exposure. With a total enrolment of nearly 6,000 students from over 100 countries, the school is famous for offering numerous courses in the field of management and business.
University Type
Public
Location
Baden-Württemberg
Tuition Fees
€1,500 or ₹1.1 lakh per semester
Popular Programs
Masters in International Purchasing Management
So, this was the list of top mim universities in Germany. Now that you know all about these top Germany mim colleges, let's check out the eligibility and admission requirements.
Public Universities in Germany Offering MIM Program
Apart from private universities in Germany for MIM, there are also public universities in Germany for MIM. These masters in management in Germany public universities are famous for their low cost education, without tuition fees, and for offering international students with great industrial exposures, and huge employability opportunities because of their strong ties.
Moreover, degrees awarded by top public universities in Germany for MIM are highly recognised across the world.
Some of the top public universities in Germany for MIM are:
Reutlingen University
HWR Berlin
University of Cologne
University of Mannheim
TUM School of Management
Eligibility & Admission Requirements for MIM in Germany
The admission and eligibility criteria for MIM in Germany may vary from one university to another. However, there are certain common requirements that the best MIM colleges in Germany need applicants to fulfil.
Eligibility criteria to pursue MIM in Germany are as follows:
A bachelor’s degree in relevant subjects along with a 1-year master’s degree. Few universities do accept a 3-year bachelor’s degree to study MIM in Germany
Good academic scores, a minimum of 60% aggregate academic score.
Valid GMAT/GRE scores may be needed by some business schools in Germany. Since most German universities only require a TOEFL score, it is possible to apply for a MIM in Germany without GMAT
IELTS/ TOEFL/ PTEscores are needed as proof of English language proficiency
Basic proficiency in the German language
Some universities additionally mandate an entrance exam to pursue a MIM program in Germany
A work experience of up to 2 years may be required by some business schools and universities.
The tuition fees for studying MIM in Germany range from €0 to €3,000 per annum at public universities, while for private universities, it ranges from €10,000 to €40,000 per year.
The total cost of studying MIM in Germany also includes the living expenses for Germany, that approximate to around €5,000 to €10,000 per annum depending on your lifestyle.
MIM in Germany is an extremely flexible course. No matter which country you're from and at what age, there are benefits that remain constant. The great value for cost and the reputation of the degree worldwide add to its charm.
Therefore we can conclude by saying that a MIM in Germany is most definitely an option to consider for students wishing to pursue a master's in management overseas.
Frequently Asked Questions about Studying MIM in Germany
Is MIM from Germany free?
Yes, it can be if you study the MIM course in Germany at a public university. Public universities in Germany for MIM may charge no tuition fees, therefore there are always options for free MIM in Germany.
Is GMAT required for MIM in Germany?
The top MIM colleges in Germany have their own specifications for standardised tests for MIM from Germany. Most of them do require or at least prefer the GMAT scores during admission.
Is MIM from Germany good?
There are so many options to pick from among the best MIM colleges in Germany! MIM universities in Germany have their courses starred with global rankings by the Financial Times and other high awarding authorities.
Which are the best public universities in Germany for MIM?
The top public universities in Germany that offer MIM courses are:
Technical University of Munich
University of Mannheim
What is the MIM in Germany fees?
The MIM fees in Germany is approximately around 20,000 EUR to 30,000 EUR for private universities.