*meh*
job prospects after pursuing an MBA in Germany...
Posted Mar 11, 2013 05:58
Posted Mar 11, 2013 09:50
Yes, few of the Fachhochschulen will publish placement reports; they are not so strong. I am delighted if the alumni in Germany are getting salaries as high as 60K. That's in the territory of schools like GISMA. Of course the average will be lower when you add in those who return to their home country.
Looking at this photo from a factory visit (I guess it includes professors and staff from the factory): https://www.hs-pforzheim.de/De-de/Wirtschaft-und-Recht/Master/MBA_IM/News/PublishingImages/Strasb_Gruppe_kl.jpg I guess that at least half of the international students are from India
Looking at this photo from a factory visit (I guess it includes professors and staff from the factory): https://www.hs-pforzheim.de/De-de/Wirtschaft-und-Recht/Master/MBA_IM/News/PublishingImages/Strasb_Gruppe_kl.jpg I guess that at least half of the international students are from India
Posted Mar 11, 2013 10:03
Thanks for the fast reply, Duncan.
Your response confirms my initial reservations.
Just checked your post on another thread - if jobs in Berlin are hard to come by for non - nationals, should I also chuck out ESMT in favour of Mannheim / WHU ? Specially considering that I will have less than avg work ex at 2.5 years after graduation?
Your response confirms my initial reservations.
Just checked your post on another thread - if jobs in Berlin are hard to come by for non - nationals, should I also chuck out ESMT in favour of Mannheim / WHU ? Specially considering that I will have less than avg work ex at 2.5 years after graduation?
Posted Mar 11, 2013 11:47
Hmmm. Well, if ESMT offered you a place with only 2,5 years' experience then you must be a very interesting candidate. I still think that Mannheim and WHU would offer you more choice, a better network (especially at WHU) and easier access to employers (especially now that WHU is moving the MBA to its Dusseldorf campus).
Posted Mar 11, 2013 13:48
@Kael
Half my class is Indian and then we have the second biggest Chinese population, third comes the Americans, then the Germans. We have Turkey, Russia, Colombia, Canada, Vietnam.
Half my class is Indian and then we have the second biggest Chinese population, third comes the Americans, then the Germans. We have Turkey, Russia, Colombia, Canada, Vietnam.
Posted Mar 11, 2013 13:55
one more point to be noted - 60,000 Euros pa is the higher bracket like I mentioned. There are students who start with 45 as well.
Posted Mar 11, 2013 14:47
Hi Avigyan,
Which school have better reputation in Germany
Pforzeihm
ESMT ?
Which school have better reputation in Germany
Pforzeihm
ESMT ?
Posted Mar 11, 2013 14:51
this is subjective and relative at the same time. Being a student of HS Pforzheim, it is obvious that I consider this to be the best in terms of course content and Return on Investment.
You should however do your own research, Duncan can probably come up with a few interesting comparisons and also tell us about the reputations of these schools. I can only speak for mine - its very good.. :-)
You should however do your own research, Duncan can probably come up with a few interesting comparisons and also tell us about the reputations of these schools. I can only speak for mine - its very good.. :-)
Posted Mar 11, 2013 15:35
In terms of general reputation, I think the CHE rankings are quite reliable. More specifically, salary is a great reflection of how alumni are valued. Even a salary of 45K at HS Pforzheim is much better than you'd expect from a Fachhochule and is really something to be proud of. It shows the seriousness of the experience there.
PS At ESMT and the other ranked schools, salaries will be around 80K - reflecting the more qualified students and their ability to find roles in banking and consulting.
PS At ESMT and the other ranked schools, salaries will be around 80K - reflecting the more qualified students and their ability to find roles in banking and consulting.
Posted Mar 11, 2013 17:10
Ah, no. I've yet to apply -- was speaking hypothetically.
Thanks Duncan, Avigyan for your comments.
I'll definitely revisit the other two schools more seriously.
How do employers look at the HTW MBAE degree btw?
I know its not the same league as Mannheim, WHU, HHL but since the MBA is still gaining acceptance in Germany...a viable option, perhaps?
Thanks Duncan, Avigyan for your comments.
I'll definitely revisit the other two schools more seriously.
How do employers look at the HTW MBAE degree btw?
I know its not the same league as Mannheim, WHU, HHL but since the MBA is still gaining acceptance in Germany...a viable option, perhaps?
Posted Mar 11, 2013 23:48
Use the CHE rankings to compare the Fachhochschulen. I don't think it's better than the top tier German schools or the top FH's like Pforzheim.
Posted Mar 13, 2013 17:45
Salaries revolve around 60,000 Euros per year and I am talking about the higher bracket here. There are students who are working with Henkel, Continental, Bosch, Daimler, KPMG, Roche, Infosys in middle and senior management positions and very good profiles. This is my alumni that I am talking about which are mostly non German passport holders - in fact a majority of them are non EU Passport holders.
Interesting. Off-chance, do you know what the average salaries are for graduates? And if grads stay in Germany, do they generally stay in the southwest, or do they go to hubs like Frankfurt, Munich, etc.?
I'm just curious because the 60k figure is quite surprising for a Hochschule, especially if many get jobs without German speaking skills.
Interesting. Off-chance, do you know what the average salaries are for graduates? And if grads stay in Germany, do they generally stay in the southwest, or do they go to hubs like Frankfurt, Munich, etc.?
I'm just curious because the 60k figure is quite surprising for a Hochschule, especially if many get jobs without German speaking skills.
Posted Mar 13, 2013 18:43
I think 60K will be the top end for Pforzheim. Remember that, because the Pforzheim MBA includes three German classes a week, after 4 semesters the students will be at B2 or C1 level in German. I don't think any of them will be in roles in German companies where they don't speak German. Also, the students have on average more than four years work experience - a few as many as eight years.
Posted Mar 13, 2013 20:11
Duncan is correct. A lot of us have 4-5 years of experience including the ones in consulting. The latest student flyer is not out on the HS Pforzheim site yet, but whenever its out, you will notice people from KPMG , MF Global, Mc Kinsey, Accenture Consulting, TATA, United Breweries with solid years of experience all over the globe.
There are people with backgrounds in tax and auditing, renewable energies, investment banking, law and technology of course. We have a student who has been an Assistant Professor himself in an Indian MBA school. There are students who are doing their second masters.
Having such profiles would mean that your industry network is already pretty strong. The language classes are taken very seriously here.
There are people with backgrounds in tax and auditing, renewable energies, investment banking, law and technology of course. We have a student who has been an Assistant Professor himself in an Indian MBA school. There are students who are doing their second masters.
Having such profiles would mean that your industry network is already pretty strong. The language classes are taken very seriously here.
Posted Mar 13, 2013 20:16
@ralph
I dont know the exact distribution but the alumni is present in Munich, Frankfurt, Hannover, Mannheim and Basel.
I am sure there are many more places, but like I said, I dont know all.
I dont know the exact distribution but the alumni is present in Munich, Frankfurt, Hannover, Mannheim and Basel.
I am sure there are many more places, but like I said, I dont know all.
Posted Mar 15, 2013 14:53
hey I have an offer from HHL leipzig , can you please throw some light on the placements and the general image of the college.
Thanks
Thanks
Posted Mar 15, 2013 20:13
I think the German and international rankings represent HHL fairly. It's one of the top business schools in Germany, and the oldest.
More specifically, take a look at:
http://www.hhl.de/en/discover-hhl/six-reasons-to-opt-for-hhl/
http://www.hhl.de/en/mba/careers/
http://www.f1gmat.com/interview-HHL-Full-time-MBA#
http://www.pagalguy.com/forums/gmat-accepting-bschools/german-slash-european-mba-sep-2012-hhl-mannheim-em-lyon-t-82770/p-3541984
http://www.mba.handlowa.eu/en/index.php?option=com_content&view=article&id=2&Itemid=7
More specifically, take a look at:
http://www.hhl.de/en/discover-hhl/six-reasons-to-opt-for-hhl/
http://www.hhl.de/en/mba/careers/
http://www.f1gmat.com/interview-HHL-Full-time-MBA#
http://www.pagalguy.com/forums/gmat-accepting-bschools/german-slash-european-mba-sep-2012-hhl-mannheim-em-lyon-t-82770/p-3541984
http://www.mba.handlowa.eu/en/index.php?option=com_content&view=article&id=2&Itemid=7
Posted Mar 15, 2013 20:35
Thanks for the inputs Duncan!
I have read and heard a good stuff about HHL but I expected HHL to feature more prominently in the FT and Economist rankings. The absence of HHL from Economist 2012 MBA ranking and a low rank in FT top european MBA made me a little skeptical.
Further, the unavailability of any official placement record made it harder to correctly asses the college, the two charts given on the website are totally useless.
I have heard that HHL MBA is good for people with technology background. Is it so? Can you let me know your views on this?
Also, since we are one the topic of discussing post MBA salary could anybody throw some light on the avg salary packages of HHL passouts.
Thanks a bunch for your help!
I think the German and international rankings represent HHL fairly. It's one of the top business schools in Germany, and the oldest.
More specifically, take a look at:
http://www.hhl.de/en/discover-hhl/six-reasons-to-opt-for-hhl/
http://www.hhl.de/en/mba/careers/
http://www.f1gmat.com/interview-HHL-Full-time-MBA#
http://www.pagalguy.com/forums/gmat-accepting-bschools/german-slash-european-mba-sep-2012-hhl-mannheim-em-lyon-t-82770/p-3541984
http://www.mba.handlowa.eu/en/index.php?option=com_content&view=article&id=2&Itemid=7
I have read and heard a good stuff about HHL but I expected HHL to feature more prominently in the FT and Economist rankings. The absence of HHL from Economist 2012 MBA ranking and a low rank in FT top european MBA made me a little skeptical.
Further, the unavailability of any official placement record made it harder to correctly asses the college, the two charts given on the website are totally useless.
I have heard that HHL MBA is good for people with technology background. Is it so? Can you let me know your views on this?
Also, since we are one the topic of discussing post MBA salary could anybody throw some light on the avg salary packages of HHL passouts.
Thanks a bunch for your help!
<blockquote>I think the German and international rankings represent HHL fairly. It's one of the top business schools in Germany, and the oldest.
More specifically, take a look at:
http://www.hhl.de/en/discover-hhl/six-reasons-to-opt-for-hhl/
http://www.hhl.de/en/mba/careers/
http://www.f1gmat.com/interview-HHL-Full-time-MBA#
http://www.pagalguy.com/forums/gmat-accepting-bschools/german-slash-european-mba-sep-2012-hhl-mannheim-em-lyon-t-82770/p-3541984
http://www.mba.handlowa.eu/en/index.php?option=com_content&view=article&id=2&Itemid=7
</blockquote>
Posted Mar 15, 2013 21:47
I see here http://rankings.ft.com/businessschoolrankings/european-business-school-rankings-2012 that HHL is one of the top 30 European MBAs and one of the top 50 European business schools, according to the Financial Times.
I would not expect HHL to figure highly in The Economist ranking. The key driver there is percentage salary increase. Students at HHL are earning fairly high salaries on the way in, and German management salaries are not so high. So, That does hold back most German schools. To do well in the Economist ranking, they would need to recruit more young students from the developing world, who would have a higher percentage increase.
The information on the website might not answer your questions, but that doesn't mean it is useless. There are other people reading that page.
I don't think HHL is only, or especially, good for people in a technology background. Looking at 550 HHL alumni with MBAs on LinkedIn, the primary destination is into management consulting. Finance and IT added together are still smaller than MC. The average salary, of 83K according to the brochure, is in line with the top German schools (slightly higher than ESMT). Maybe read the brochure and compare it to the other top German schools? http://fischerdruckmedien.de/ePaper/HHL/MBA-full-time/FLASH/index.html
I would not expect HHL to figure highly in The Economist ranking. The key driver there is percentage salary increase. Students at HHL are earning fairly high salaries on the way in, and German management salaries are not so high. So, That does hold back most German schools. To do well in the Economist ranking, they would need to recruit more young students from the developing world, who would have a higher percentage increase.
The information on the website might not answer your questions, but that doesn't mean it is useless. There are other people reading that page.
I don't think HHL is only, or especially, good for people in a technology background. Looking at 550 HHL alumni with MBAs on LinkedIn, the primary destination is into management consulting. Finance and IT added together are still smaller than MC. The average salary, of 83K according to the brochure, is in line with the top German schools (slightly higher than ESMT). Maybe read the brochure and compare it to the other top German schools? http://fischerdruckmedien.de/ePaper/HHL/MBA-full-time/FLASH/index.html
Posted Mar 16, 2013 01:04
Duncan,
So is Mannheim better than HHL or at par in terms of post mba salary and the overall mba structure? your thoughts please.
So is Mannheim better than HHL or at par in terms of post mba salary and the overall mba structure? your thoughts please.
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