Professional having 10 years of experience - Want to decide between which FT MBA suitable in Germany


Hello Big Fam,



Hello all, from past 2.5 years I was working in Germany and faced a job loss recently.I was working as a Project Manager. I have 10 years of experience in Banking and Fintech across different demographic locations (India, Dubai, Germany) So I am planning to go for FT MBA now. My budget is around max 20K EUR. I am also open for public Universties in Germany. My language level is close to B1,I could say top of A2 infact.

Is it possible to guide me which colleges wouldbe better for me for full time MBA:

1. HWR berlin

2. Bremen Uni

3. Or any other quivalent to frankfurt school?
4. ESB Reutlingen
5. hs-pforzheim
 Or any other best schools considering my experience in banking, and I am planning to continue in my current domian only.



Please note my first choice was Frankfurt School, but due to out of budget, I have to look for alternatives.



I am really looking for help and valuable suggestions from experts here:-) Thanks a lot in advance.

[Edited by Sreejeshnair on Sep 13, 2020]

Hello Big Fam,<br>
<br>
Hello all, from past 2.5 years I was working in Germany and faced a job loss recently.I was working as a Project Manager. I have 10 years of experience in Banking and Fintech across different demographic locations (India, Dubai, Germany) So I am planning to go for FT MBA now. My budget is around max 20K EUR. I am also open for public Universties in Germany. My language level is close to B1,I could say top of A2 infact.<br>
Is it possible to guide me which colleges wouldbe better for me for full time MBA:<br>
1. HWR berlin<br>
2. Bremen Uni<br>
3. Or any other quivalent to frankfurt school?<br>4. ESB Reutlingen<br>5. hs-pforzheim<br>&nbsp;Or any other best schools considering my experience in banking, and I am planning to continue in my current domian only.<br>
<br>
Please note my first choice was Frankfurt School, but due to out of budget, I have to look for alternatives.<br>
<br>
I am really looking for help and valuable suggestions from experts here:-) Thanks a lot in advance.
quote
StuartHE

An intensive course at a state university in the DACH region leading to the DSH or another high-level German-language qualification will probably be a better asset for you.  
You don't mention your career goals but, since project managers in German banks don't generally have MBAs, I assume you want to move into another role. If you are aiming at an MBA-type role you should exclude Bremen and focus on schools with meaningful international accreditation.    




An intensive course at a state university in the DACH region leading to the DSH or another high-level German-language qualification will probably be a better asset for you.&nbsp;&nbsp;<div><br>You don't mention your career goals but, since project managers in German banks don't generally have MBAs, I assume you want to move into another role. If you are aiming at an MBA-type role you should exclude Bremen and focus on schools with meaningful international accreditation.&nbsp; &nbsp;&nbsp;<div>
</div><div>
</div><div><br></div></div>
quote









An intensive course at a state university in the DACH region leading to the DSH or another high-level German-language qualification will probably be a better asset for you.  
You don't mention your career goals but, since project managers in German banks don't generally have MBAs, I assume you want to move into another role. If you are aiming at an MBA-type role you should exclude Bremen and focus on schools with meaningful international accreditation.    








Hello @StuartBB thanks for response. Excluding Bremen was always on list. The above mentioned schools apart from Bremen have international accreditation too. Yes moving up the career ladder is always the by product of MBA. But for me, MBA is for personal interest to understand things at broader perspective which could benefit in my current role and domain. That is why I was trying to sort of schools based on that. Any thoughts??

[Edited by Sreejeshnair on Sep 17, 2020]

[quote]<br><br><br>
<br><br><br>
An intensive course at a state university in the DACH region leading to the DSH or another high-level German-language qualification will probably be a better asset for you.&nbsp;&nbsp;<div><br>You don't mention your career goals but, since project managers in German banks don't generally have MBAs, I assume you want to move into another role. If you are aiming at an MBA-type role you should exclude Bremen and focus on schools with meaningful international accreditation.&nbsp; &nbsp;&nbsp;<div><br><br><br>
</div><div><br><br><br>
</div><div><br></div></div> [/quote] Hello @StuartBB thanks for response. Excluding Bremen was always on list. The above mentioned schools apart from Bremen have international accreditation too. Yes moving up the career ladder is always the by product of MBA. But for me, MBA is for personal interest to understand things at broader perspective which could benefit in my current role and domain. That is why I was trying to sort of schools based on that. Any thoughts??
quote
StuartHE

ESB is obviously the best, and best-resourced, school on the list. I would not consider HWR. But its crazy to start from criteria other than career goals. You could take free of cheap MOOCs and get similar knowledge, and gain much more from a personal development point of view by learning German and thus acculturating into Europe's most important economy. 

ESB is obviously the best, and best-resourced, school on the list. I would not consider HWR. But its crazy to start from criteria other than career goals. You could take free of cheap MOOCs and get similar knowledge, and gain much more from a personal development point of view by learning German and thus acculturating into Europe's most important economy.&nbsp;
quote
Razors Edg...

Work on your German language skills and then do a degree in German. Many more opportunities / more potential for career advancement. 

Work on your German language skills and then do a degree in German. Many more opportunities / more potential for career advancement.&nbsp;
quote
00578

Hey B1 already is wonderful! I joined Hochschule Pforzheim with the same German level. I'm currently in my 3rd semester.

Like already mentioned, it makes sense to go for an accredited program if you have decided to invest in an MBA degree. In my opinion, the longer the program, the better when it comes to working on your German. These two were my main deciding factors for picking Pforzheim and I do not regret it one bit. If you are a hard worker, you can even work as a working student (super common here to do it) to gain some experience and money. Sometimes it helps fund the future semesters as well! I did that this semester :)

The German classes are inclusive in the fees you pay and they are quite good. However, to be honest, you have to find more ways of learning and integrating the language in your daily life beyond a few hours of German classes each week.

Also, location matters when it comes to company and working student jobs. Due to its proximity to Karlsruhe and Stuttgart, opportunities for working students and for networking are plenty.

Last but not the least, if you are interested in Finance, you can specialize in that in the 3rd semester :)

[Edited by 00578 on Oct 14, 2020]

Hey B1 already is wonderful! I joined Hochschule Pforzheim with the same German level. I'm currently in my 3rd semester.<br><br>Like already mentioned, it makes sense to go for an accredited program if you have decided to invest in an MBA degree. In my opinion, the longer the program, the better when it comes to working on your German. These two were my main deciding factors for picking Pforzheim and I do not regret it one bit. If you are a hard worker, you can even work as a working student (super common here to do it) to gain some experience and money. Sometimes it helps fund the future semesters as well! I did that this semester :)<br><br>The German classes are inclusive in the fees you pay and they are quite good. However, to be honest, you have to find more ways of learning and integrating the language in your daily life beyond a few hours of German classes each week.<br><br>Also, location matters when it comes to company and working student jobs. Due to its proximity to Karlsruhe and Stuttgart, opportunities for working students and for networking are plenty.<br><br>Last but not the least, if you are interested in Finance, you can specialize in that in the 3rd semester :)
quote
Razors Edg...

Given the alternatives in Germany, I would not suggest Pforzheim as an option for somebody who wants to go into finance. 

Given the alternatives in Germany, I would not suggest Pforzheim as an option for somebody who wants to go into finance.&nbsp;
quote
Duncan

Honestly, none of these Fachhochschule MBAs being considered by the poster would be better than an MSc in finance at a traditional university. 

Honestly, none of these Fachhochschule MBAs being considered by the poster would be better than an MSc in finance at a traditional university.&nbsp;
quote

Given the alternatives in Germany, I would not suggest Pforzheim as an option for somebody who wants to go into finance. 


I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned

[quote]Given the alternatives in Germany, I would not suggest Pforzheim as an option for somebody who wants to go into finance.&nbsp; [/quote]<br><br>I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned
quote

Honestly, none of these Fachhochschule MBAs being considered by the poster would be better than an MSc in finance at a traditional university. 


Thanks Duncan for opinion. I was planning for October entry 2021 in ESB reutlingen and till then working on my german language skills. Any suggestions? As my last working date would be november 30th 2020, I need to utliye my time till I get admission for language. Could you pour some more suggestions and possibilities ?

[quote]Honestly, none of these Fachhochschule MBAs being considered by the poster would be better than an MSc in finance at a traditional university.&nbsp; [/quote]<br><br>Thanks Duncan for opinion. I was planning for October entry 2021 in ESB reutlingen and till then working on my german language skills. Any suggestions? As my last working date would be november 30th 2020, I need to utliye my time till I get admission for language. Could you pour some more suggestions and possibilities ?
quote
Duncan

I can only repeat points made above. If you want to work in banking in Germany, then learning German is more important than taking an MBA. Did you speak to the DAAD office that covers your country? Surely it makes more sense to join an intensive German programme and then take an MSc in a relevant field, ideally one taught in German.  

I can only repeat points made above. If you want to work in banking in Germany, then learning German is more important than taking an MBA. Did you speak to the DAAD office that covers your country? Surely it makes more sense to join an intensive German programme and then take an MSc in a relevant field, ideally one taught in German.&nbsp;&nbsp;
quote

I can only repeat points made above. If you want to work in banking in Germany, then learning German is more important than taking an MBA. Did you speak to the DAAD office that covers your country? Surely it makes more sense to join an intensive German programme and then take an MSc in a relevant field, ideally one taught in German.  


Thanks Understood. One more question would be with my kind of experience (in terms of years and specialization) which Msc program would be more suitable, In terms of university and program. I am aware you might have already covered this in your other postings and might be repeating same point. But as all individuals are different I wanted  to assess things specific to my situation. Thanks again in advance for effort

[quote]I can only repeat points made above. If you want to work in banking in Germany, then learning German is more important than taking an MBA. Did you speak to the DAAD office that covers your country? Surely it makes more sense to join an intensive German programme and then take an MSc in a relevant field, ideally one taught in German.&nbsp;&nbsp; [/quote]<br><br>Thanks Understood. One more question would be with my kind of experience (in terms of years and specialization) which Msc program would be more suitable, In terms of university and program. I am aware you might have already covered this in your other postings and might be repeating same point. But as all individuals are different I wanted&nbsp; to assess things specific to my situation. Thanks again in advance for effort
quote
Duncan

Look these four, and especially Bamberg and the LMU. 

Finance • Chemnitz University of Technology • Chemnitz

Finance & Accounting • Bamberg University • Bamberg

Finance and Insurance Mathematics • Ludwig Maximilians University Munich • München

Financial Mathematics • University of Konstanz • Konstanz

Look these four, and especially Bamberg and the LMU.&nbsp;<br><br>Finance&nbsp;•&nbsp;Chemnitz University of Technology&nbsp;• Chemnitz<br><br>Finance &amp; Accounting&nbsp;•&nbsp;Bamberg University&nbsp;• Bamberg<br><br>Finance and Insurance Mathematics&nbsp;•&nbsp;Ludwig Maximilians University Munich&nbsp;• München<br><br>Financial Mathematics&nbsp;•&nbsp;University of Konstanz&nbsp;• Konstanz
quote

Look these four, and especially Bamberg and the LMU. 

Finance • Chemnitz University of Technology • Chemnitz

Finance & Accounting • Bamberg University • Bamberg

Finance and Insurance Mathematics • Ludwig Maximilians University Munich • München

Financial Mathematics • University of Konstanz • Konstanz


Thanks a lot for this!! really helpful Duncan. will check it

[Edited by Sreejeshnair on Oct 23, 2020]

[quote]Look these four, and especially Bamberg and the LMU.&nbsp;<br><br>Finance&nbsp;•&nbsp;Chemnitz University of Technology&nbsp;• Chemnitz<br><br>Finance &amp; Accounting&nbsp;•&nbsp;Bamberg University&nbsp;• Bamberg<br><br>Finance and Insurance Mathematics&nbsp;•&nbsp;Ludwig Maximilians University Munich&nbsp;• München<br><br>Financial Mathematics&nbsp;•&nbsp;University of Konstanz&nbsp;• Konstanz [/quote]<br><br>Thanks a lot for this!! really helpful Duncan. will check it<br><br>
quote
Duncan

The University of Konstanz looks especially good because you can take the courses in German but do the exams in English. 

The University of Konstanz looks especially good because you can take the courses in German but do the exams in English.&nbsp;
quote
Inactive User


I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned

You mentioned that you excluded FSFM due to budget constraints. This would be my go-to suggestion, given its location and its connections with the finance industry in Germany. What is your budget? 

[quote]<br>I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned [/quote]<br>You mentioned that you excluded FSFM due to budget constraints. This would be my go-to suggestion, given its location and its connections with the finance industry in Germany. What is your budget?&nbsp;
quote


I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned

You mentioned that you excluded FSFM due to budget constraints. This would be my go-to suggestion, given its location and its connections with the finance industry in Germany. What is your budget? 


Hi thanks. My budget is around 10 K

[quote][quote]<br>I would say rather than narrowing down to finance its more about Banking domain which I am keen. Any suggestions there if not pforzheim. COnsidering the constraints which I hav mentioned [/quote]<br>You mentioned that you excluded FSFM due to budget constraints. This would be my go-to suggestion, given its location and its connections with the finance industry in Germany. What is your budget?&nbsp; [/quote]<br><br>Hi thanks. My budget is around 10 K
quote
StuartHE

I think you'll get best value by spending that on an intensive Ge course and then taking one of the four MFin options that offered above. Almost all universities are connected to, or own, low-cost and high-quality institutes offering academic-year long full-time language programmes. 

I think you'll get best value by spending that on an intensive Ge course and then taking one of the four MFin options that offered above. Almost all universities are connected to, or own, low-cost and high-quality institutes offering academic-year long full-time language programmes.&nbsp;
quote
Razors Edg...

I would tend to agree. I think there are also more affordable options out there, but in the German language. 

I would tend to agree. I think there are also more affordable options out there, but in the German language.&nbsp;
quote

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