Top Undergraduate Business Schools In Germany

Last Updated on March 8, 2023 by

Schönen Tag! There will always be good in every day if you want to test the waters and pursue business education in Germany! Being the third-largest exporter of goods, this country can easily walkthrough you towards your goals. With a continuously grow.

A bachelor’s degree is a post-secondary degree awarded after completed 120 credits. It usually takes eight semesters to complete a Bachelor’s degree. While completing an undergraduate course, candidates have to study general courses and chose a major specific subject. A Bachelor’s degree can also be called a baccalaureate in certain countries.

Business studies is an area of study in which students learn the skills necessary for running a business. Different topics may include advertising, marketing, managing money, communication, administration, business plan writing, and the hiring and training of employees.

Bachelor Degree in Business Studies in Germany

1. University of Mannheim – Mannheim Business School

  • Business School Link
  • Degrees offered: Undergraduate, MSc, Doctoral
  • Language of Instruction: English and German

A triple accreditation from AACSB, EQUIS, and AMBA is all the proof you need to know that Mannheim Business School is a prestigious university. For many years, they have remained in the number 1 spot of the QS ranking of Management and Social Sciences. If you want to experience first-class research, practical application, and innovative teaching methods, this German business school will be perfect for you!

2. University of Münster School of Business and Economics

  • Business School Link
  • Degrees offered: Undergraduate, MBA, Doctoral
  • Language of Instruction: German and English

For the University of Münster, exchanging of academic theories and business practices are important in education. This is why Internationalization –cooperation with institutions abroad– is the priority in this university. The experience of cultural exchange and differences are what you can get from attending this university

ing economy, Germany is your best training ground to sharpen your skills and acquire education.

Undergraduate? Postgraduate studies? International or exchange students? We got you covered! Here, we will go over the best business schools in Germany.

3. Frankfurt School of Finance and Management

  • Business School Link
  • Degrees offered: Undergraduate, MBA, Doctoral
  • Language of Instruction: Undergraduate (German), MBA and Ph.D. (German and English)

The next institute in our list of best business schools in Germany is the Frankfurt School of Finance and Management, which also received triple accreditation from the three centers of business intelligence. They specialize in providing top marked educations such as research, knowledge transfer, international orientation, and regional engagement. Topics which made the university internationally aware and globally known.

4. WHU – Otto Beisheim School of Management

  • Business School Link
  • Degrees offered: Undergraduate, MSc, MBA, Doctoral
  • Language of Instruction: Undergraduate (German, English), MSc (German, English), MBA, and Doctoral (English)

Otto Beisheim School of Management heartfully follows its four core values: community, cosmopolites, entrepreneurship, and excellence. This led them to advance academically especially in the field of finance. This 2020, the university ranked first as the Master of Finance in Germany and ranked 22nd worldwide. These achievements got them the triple accreditation from AACSB, EQUIS, and AMBA.

5. University of Cologne Business School

The business school in Germany at Cologne only offers MBA degrees. They focus solely on providing professional education, especially in leadership development programs. This is the reason why the university was famous for postgraduate studies not just in Germany but in the whole of Europe.

Since they are providing limited degrees, accepting exchange students is still not an option in their business school. However, transfer and international students are very much welcome

6. European School of Management and Technology

The European School of Management and Technology or ESMT is known for its academic achievements in the fields of business and science. They offer postgraduates degrees and professional degrees as their specialization.

Also, to uphold their excellence, they have been prioritizing three areas: leadership, innovation, and analytics. Aspects and qualities a business student must possess.

7. TU Dresden – Faculty of Business and Economics

The business school of TU Dresden offers limited degrees for undergraduate and master’s programs. However, this does not hinder them from becoming globally competitive. Also, their availability to exchange and international students has no bound. They offer scholarships and assistance to students who want to study business and economics. This is the university you first must-attend if you have trouble adjusting to a new environment

8. ESB Business School – Reutlingen University

  • Business School Link
  • Degrees offered: Undergraduate and MBA
  • Language of Instruction: Undergraduate (German and English), MBA (English)

Reutlingen University has the most degrees offerings for international students. Half of their courses are taught in English to accommodate those who could not speak German. This is for their long-term plan of extending their market reach. Despite this, they maintained their quality of education by teaching in small class sizes.

9. Tum München – Tum School of Management

10. Humboldt – Universitȃt Zu Berlin School of Business and Economics

  • Business School Link
  • Degrees offered: Undergraduate, MBA, and Doctoral
  • Language of Instruction: Undergraduate (German), MBA and Ph.D. (German and English)

The final candidate in our list of top German business schools is the Humboldt University’s School of Business and Economics. This school does not offer English courses to undergraduate students. They take pride that to learn the German ways and practices, one must be able to speak the language.

  • Language of Instruction: German and English

Tum School of Management got their spot in best business schools because of its several connections to international institutions. They believe that combining strengths is the necessary preparation for establishing international careers.

However, this business school in Germany only has limited classes that are taught in English. This is because the university encourages the students to learn German as they study business. With this, students tend to venture into their businesses in Germany.

11. Business School Pforzheim – FH Pforzheim University

  • Business School Link
  • Degrees offered: Undergraduate, MBA, and MSc
  • Language of Instruction: German and English

Unlike other science and research universities, Pforzheim University invests more in its business school. They believe that business education is what represents the values they were following such as practicality, internationalization, sustainable, personal, and interdisciplinary.

Fortunately, English classes were available for MBA and Ph.D. students. Accepting international students taking postgraduate degrees made them one of the globally competitive schools.

Students from different countries might find Germany as a challenging country to take business education. This is due to the reason that most universities’ language of instruction was German. But as an aspiring member of the corporal society, attending to any of these schools will provide you with a great advantage. One that will help you with your first step into becoming victorious.

What are the MBA Fees in Germany?

The fees in Germany largely depend on the tuition fee and the cost of living. The tuition fee for studying in any of the universities in Germany for MBA will be based on whether the university is a public or a private undertaking institution. The public universities in Germany offer programs with no tuition fee and a very minimal administrative fee.

The semester fee in these universities will be around € 200- € 300 per semester, and the other cost related to books and material charges. In private institutions, the tuition fee varies from course to course; to pursue an MBA, the average cost will be around €25,000 per semester.

Private universities in Germany work with the idea that everyone is entitled to the right to education; they don’t charge tuition fees for both national and international students. For students who wish to pursue an MBA as a non-consecutive course at a public university in Germany, the average cost of studies will be around € 33,00 to € 30,000.

At the same time, to pursue a course in a private university in Germany, the tuition fee will depend on the course selected and also the type of educational institution opted for. Unlike public universities in Germany, private institutions are not funded by the government. According to the Times Higher Education university rankings, presently, there are 43 MBA universities in Germany ranked in the top 500 of the best universities in the world, and out of these 43, only two are private universities, and the rest universities are all public universities.

The other major cost that should be taken into consideration while planning to do an MBA in Germany is the cost of living, travel, food, entertainment, and other expenses. Expenses related to accommodation will be the major expense that the students will have to meet while studying in Germany.

This cost might be slightly higher than that of other European countries and largely depends on the kind of accommodation that the student is looking forward to. Students will have to pay anywhere between € 300 to € 600 per month to live in a comfortable space. In a few major cities like Hamburg, Cologne, Frankfurt, and Munich, the accommodation expenses will be higher and will be between € 400 to € 800. Following are the average monthly accommodation charges in a few of the major cities in Germany :

  • Aachen -€535
  • Berlin- €790
  • Frankfurt- €860
  • Munich -€1000
  • Hamburg- €800

Transportation cost in Germany is slightly lower than that of many other European countries; traveling across Germany and within Germany’s cities is relatively cheap and convenient as the public transport system is well connected and well planned. Students can get a monthly pass for buses for a price of €70 per month and a train pass for €19-50 per month.

Top Colleges and Public Universities in Germany for MBA

The list of the best MBA colleges in Germany is of course endless. To help you narrow down the best options, we have prepared a list of top business schools in Germany.

1. Berlin School of Business and Innovation (BSBI)

BSBI is one of the best MBA Business Schools in Germany. The MBA program places a strong emphasis on business skill development and preparing students for employment on a global scale. Students who pursue a Global MBA have the opportunity to look for business opportunities around the world and manage the challenges that come with those opportunities. Other than the global MBA, the institution also provides one additional MBA program.

University TypePrivate
Popular ProgramsMBA
Global MBA
Entry RequirementsGraduate degree
GPA 2.25 or above
IELTS (6.0), or TOEFL (72) or PTE (50)
3 Years Work Experience

2. The Technical University of Munich

TUM is undoubtedly the best option if you’re looking for the top MBA programs in Germany. The TUM School of Management helps students in building solid foundations in modern management practices. For those who are interested in pursuing a career in technology, there is an executive MBA program. Students can gain from the university’s network of top international corporations that serve as business partners.

University TypePublic
Popular ProgramsExecutive MBA
Entry RequirementsGraduate degreeWorking experienceIELTS (6.5) or  TOEFL (88)Successful Personal Interview

3. GISMA Business School

The GISMA MBA program develops practical abilities in key management areas, primarily strategic organization, operations, business control, value production, and HR management. One of the best MBA universities in Germany, Potsdam offers a flexible curriculum that allows students to complete a full MBA in one year on campus, a 2-year part-time program, or an entirely online MBA.

University TypePrivate
Popular ProgramsGlobal MBAGrenoble MBA
Entry RequirementsGraduate degreeIELTS (6.5), or TOEFL (94) or PTE (63)3 Years Work ExperienceGMAT may be required

4. University of Mannheim

The MBA program at Mannheim Business School has frequently been referred to as “Value for Money” by the Financial Times’ global rating. Participants have the option of extending their course by three months or completing a full-time MBA in 12 months. Additionally, while pursuing their MBA, individuals can earn a second Management Analytics Certificate, take additional courses at the school’s partner universities overseas, finish an internship, or improve their language abilities.

University TypePublic
Popular ProgramsGlobal Full-time MBAFull-time Executive MBA
RequirementsGraduate degreeIELTS (7.0), or TOEFL (95) or PTE (63)3 Years Work ExperienceGMAT /GRE

5. European School of Management and Technology (ESMT)

ESMT’s MBA program is highly respected among all MBA institutions in Germany, blending general management with technology, innovation, and global electives. This program emphasizes business innovation, leadership, and general management principles. Strategic Leadership, Managerial Analytics, and Innovation and Entrepreneurship are all offered as additional areas of specialization.

University TypePrivate
Popular ProgramsGlobal Full-time MBAFull-time Executive MBAPart0time MBAOnline MBA
RequirementsGraduate degreeIELTS (7.0), or TOEFL (95))3 Years Work ExperienceGMAT /GRE

6. HHL Leipzig Graduate School of Management

As a top business school in Germany, HHL Leipzig is renowned for its global rankings. The MBA program is designed to keep up with the rapidly changing business landscape, prioritizing digital entrepreneurship and market volatility. HHL promotes a global network through its 140 partner institutes. Statistics have shown a 93% salary increase upon graduation out of here.

University TypePrivate
Popular ProgramsGlobal Full-time MBAFull-time Executive MBAPart-time MBA
RequirementsGraduate degreeIELTS (7.0), or TOEFL (90)3 Years Work ExperienceGMAT /GRE

7. WHU – Otto Beisheim School of Management

The Master of Business Administration (MBA) program at WHU was recently ranked number one amongst all MBA programs in Germany by the Financial Times. With its unique blend of academic excellence and experiential learning, this course is taught by a distinguished international faculty of practitioners and business experts. The MBA program offers the opportunity to apply classroom learning to real-world scenarios through case challenges, corporate visits, and lectures from industry experts. Additionally, elective courses allow students to customize their degrees to meet their career goals.

University TypePrivate
Popular ProgramsFull-time MBAGlobal Online MBAPart-time MBA
RequirementsGraduate degreeIELTS (7.0), or TOEFL (min. 100 IBT)2 Years Work ExperienceLORGMAT /GRE

8. EBS University

EBS provides an MBA program that combines theoretical study with modern pedagogical approaches. The small learning cohorts foster an immersive learning experience, enabling close interaction between lecturers and students. This program is designed to promote personal growth and provides students with career guidance as well as connections to employers.

University TypePrivate
Popular ProgramsFull-time MBAFull-time Executive MBA
RequirementsGraduate degreeIELTS or TOEFL3 Years Work ExperienceGMAT /GRE

9. Frankfurt School of Management

The Financial Times has ranked Frankfurt School in 3rd position for its Masters in Management program. This program provides not only an accredited, well-structured course but also lasting benefits for both career and personal development. The business school offers an extensive international network of professionals from various backgrounds and industries. Students have the opportunity to receive individualized career guidance from experienced coaches.

University TypePrivate
Popular ProgramsFull-time MBAOnline MBAPart-time MBAMBA in International healthcare management
RequirementsGraduate degreeIELTS (7.0)  or TOEFL (90)3 Years Work ExperienceGMAT /GRE

10. University of Cologne

The University of Cologne Business School gGmbH is widely recognized as one of the premier academic institutions for MBA programs in Germany. Its MBA graduates are highly sought-after for their exceptional quality and benefit from excellent employment prospects. The University has established a partnership with the Rotterdam School of Management to provide an executive MBA program, which has been highly acclaimed by the management community.

University TypePublic
Popular ProgramsMBAExecutive MBAPart-Time MBA
RequirementsGraduate degreeMinimum 2.7 on German Grade ScaleIELTS (7.0)  or TOEFL (100)3 Years Work ExperienceGMAT /GRE

11. Munich Business School

The school focuses on providing students with education about the most current developments in leadership, value creation, and effectiveness. Students are taught to evaluate their own leadership capabilities and to assess how their skills can effectively meet the needs of evolving organizations. In addition, students are taught to emphasize the essential tenets of strong governance. The curriculum encompasses topics such as strategy, self-improvement, international supply chain management, corporate law, and more.

University TypePrivate
Popular ProgramsFull-time MBA
RequirementsGraduate degreeIELTS (6.5)  or TOEFL (85)2 Years Work ExperienceGMAT /GRE

12. ESCP Business School – Berlin Campus

The ESCP MBA provides comprehensive coverage of all the key management disciplines. Drawing on an international faculty and student body, it offers a dynamic multicultural learning environment. The program encompasses core courses, electives, and Company Consultancy Projects. The 10-month, full-time MBA in International Management can also be supplemented by a 4-6 month internship for advanced, practical experience.

University TypePrivate
Popular ProgramsExecutive MBAMBA in international management
RequirementsGraduate degreeIELTS (7.0)  or TOEFL (100)3 Years Work ExperienceGMAT /GRE

Germany is one of the most popular destinations for students looking to pursue a Master of Business Administration (MBA). With its world-renowned institutions and thriving economy, the country offers a veritable wealth of opportunities for aspiring business professionals. For those looking to study for an MBA in Germany, it can be difficult to decide where to begin. To make things easier for you, we are here to help you. Contact us at