Munich Business School is a private international business school which is situated in Munich in the Bavaria state of Germany. This institution was founded in 1991 under the name Europäische Betriebswirtschafts-Akademie by the European Business International (ebsi) London, Paris, Madrid, and Milan. In 1999, the institution received state accreditation by the Bavarian Ministry of Education and Culture, Science, and the Arts.
In 2003, this institution was renamed as Munich Business School. In the same year, it also introduced the Bachelor International Business program. In 2009, MBS introduced its Master International Business program completely in English as well as German/English. In the same year, it also introduced “International Family Firms” and “Luxury Management” in its master’s program. In 2010, it received unlimited state accreditation as well as the institutional accreditation from the German Council of Science and Humanities. In 2014, this institution extended its study programs by adding the DBA Doctor of Business Administration. In 2015, it received reaccreditation by the German Council of Science and Humanities. In 2016, the institution completed its 25 years.
Under its programs, the institution offers Bachelor of International Business, Masters of International Business, Masters of Innovation and Entrepreneurship, Masters of International Marketing and Brand Management, Masters of Sports Business and Communication, DBA Doctor of Business Administration, and part-time and full-time MBA General Management program. It also offers preparatory programs such as pre-bachelor’s and pre-master’s programs. It also offers executive education, exchange, and study abroad programs.
This institute additionally has a spectacular alumni record. Some of the successful people from the alumni network are Moitz Keller, Matthias Lamberti, Peter Hall, Michael Schurich, and Claus Weiß. Moritz Keller, who completed his bachelor’s program at MBS in 2007, is the founder and managing director of Keller Sports GmbH. Matthias Lamberti, who graduated from Munich Business School in 2007, is today a founder and director of Yavalu, an online platform for private investors. Michael Schurich, who finished his bachelor’s at MBS in 2007, works in a business unit, Organization Transformation at Oliver Wyman. Claus Weiß, who did his bachelor’s from the institute, is the founder of Daddy Longlegs.
Students can decide freely to start their studies in fall 2021 online and come to campus later (save living expenses in Munich), once they can travel/hold their visa etc
Munich Business School Highlights
| University Type | Private |
| Campus Setting | Urban |
| Establishment Year | 1991 |
| Mode of Program available | Full time; Part-time |
| Cost of Attendance | 32,000 Euro |
| Scholarships | 5 to 25 % reduction on tuition fee |
| The student to Faculty Ratio | 4:1 |
| Percentage of International Students | 33% |
| Acceptance Rate | 60% |
| Official Website | www.munich-business-school.de |
| Admission Helpdesk | +49 (0)89 547678-252 | Victoria.Fischer(at)munich-business-school.de +49 (0)89 547678-161 | Julia.Schwarzfischer(at)munich-business-school.de |
Munich Business School Campus and Accommodations
Munic Business School does not offer on-campus housing to its students, but it assists the students to get residence. Students participate in various on-campus student organizations. They engage in charitable projects, organize extracurricular events, and organize joint activities with invited international students. Munic Business School student clubs including MBS helps MBS sports, MBS Entrepreneurship Society, MBS get2gether, MBS Film Club, MBS Film Debate Club, and MBS International.
Munich Business School Accommodation
The average monthly rent for student accommodation in Munich is about 28 280 Euro. Due to limited space, only about 13% of students live in student housing. The majority of students in the school live in private rooms. Munich Business School does not offer on-campus housing to its students, but it assists the students to find off-campus accommodation.
Types of accommodation include single room, shared apartment, single apartment, couple apartment, single parent house, and apartment or single room in the residential community for the disabled. Accommodation types include student residence halls and apartments. There is limited space for student residences and the wait time is usually one to five semesters. The average cost per month of such a private living position is between 400-650 Euro. Rent must be paid and paid monthly in advance of the eighth working day of the month.
Off-Campus Accommodation Cost
| Room in a shared apartment | 600 to 800 Euro |
| Studio (one room with kitchen and own bath) | 900 to 1,000 Euro |
| Apartments | 1,000 to 1,300 Euro (1 bedroom), 1,400 to 1,800 Euro (2 bedrooms) |
* Above listed are exclusive of utilities (electricity, heating, Internet, GEZ, etc.)
Munich Business School Programs
Munich Business School offers programs at the UG and PG level, DBA Doctor of Business Administration, and part-time and full-time MBA General Management Program. It also offers preparatory programs such as pre-bachelor’s and pre-masters programs. It also offers administrative education, exchange, study abroad, and various award-winning programs.
Munich Business School Admissions
Admission Mode: Munich Business School Admission portal
Application Fees: 60 Euros
Munich Business School Admission Process
Step 1: Written Application
Application documents: For taking admission an applicant must submit their application, along with the given mandatory documents :
- Motivation Letter (pages 1 to 2)
- A current CV
- A copy of the official academic transcript indicating your final grade *
- Two tips for your current or previous employers
- English proficiency proof (TOEFL 85, IELTS 6.5, ELS 112)
- Copy of your passport details page (with photo)
- Latest passport size photo
- Completed application form
Step 2: Personal interview
The interview lasts approximately 45-60 minutes, and it will help you and the MBS to determine if your profile is being developed with the study plan and class. Of course, this interview will also allow you to ask any questions you may have.
Step 3: Study Contract
The Admissions Office notifies you of the end of the application process within 10 working days. If accepted, the Music Business School will provide you with an acceptance letter and two copies of your thesis agreement. A copy must be returned within two weeks of signing up to secure your place in the program. The other copy should be kept to your records.
The acceptance of the inspection plan requires registration 690 (EU / EFTA) registration fee of 1, 1,490 (non-EU), and 1,000 1,000 after the signing of the inspection agreement, respectively. The deposit will be deducted from your first tuition fee.
Step 4: Student Visa
If you are a non-EU national, you must apply for an EU student visa to begin your studies in Germany. To obtain a Visa Invitation Letter from the Music Business School, take the following steps:
- Sign the inspection agreement you signed and a copy of your passport details page.
- Replace the deposit of 1,000 1,000. This amount will be deducted from the first-semester tuition.
Munich Business School Cost of Attendance
The estimated cost of studying at Munich Business School is listed below:
| Programs | Tuition fee (Euro) |
|---|---|
| MBA | 32,000 |
| Doctoral | 36,000 |
| Bachelors | 36,400 |
| Masters | 24,000 |
Munich Business School cost of living:
| Category | Expense in Euro |
|---|---|
| Food | 320 |
| Public Transport | 40 |
| Health insurance | 80 |
| Other Miscellaneous | 250 |
Fees
| Courses | Duration | 1st Year Tuition Fees |
|---|---|---|
| MBA(1 Course) | 12 Months | INR 28.4L |
| MIM(4 Courses) | 1.5 Years | INR 14.2L |
| BBA(1 Course) | 3 Years | INR 10.8L |
Munich Business School Scholarships
The Munich business school offers attractive scholarship programs. The MBA scholarship is intended for future MBA students who have achieved exceptional achievements during their professional life. These students receive scholarships of 5 to 25% of tuition fees. The request for one of the scholarships is made with the request for a place at the university.
BAföG services are offered as a free subsidy with no fees, while the other half is an interest-free loan, and part of the loan repayment may be canceled depending on the duration and completion of the study. BAföG support is currently available at EUR 735 per month and is in principle limited to the standard study period for the respective education program.
Munich Business School Alumni
The school has a strong alumni network spread across the world. Alumni canbook executive education courses, continue their higher studies at the MBS in the Master Business cooperation and services. Some notable alumni of the school are:
- Jack Nasher – bestselling author and negotiation advisor
- Philipp Brinkmann – entrepreneur and CEO of Tripsta S.A.
- Christian Nerlinger – former German footballer
- Alessandra Jovy -Heuser – German vollyball player
Munich Business School Placement
The Munich Business School Career Center serves as an interface between students of the Munich Business School and companies and enterprises. The MBS Career Center responds to the professional concerns of students and establishes contacts with the economy to bridge the gap for optimal staffing. Companies like Microsoft, Flixbux etc. take campus drives at Munich Business School.
Munich Business School is a highly reputed business institute for studying abroad. The top-notch MBA program at Munich Business School is committed in preparing business and management leaders across the world. With a comparatively lesser cost of studying among the European universities, it is no doubt one of the first choices of international students.
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