Top 10 Budget MBAs in Germany

In terms of MBA programs, Germany has long languished behind other European nations. In recent years, the Eurozone’s largest economy has underperformed in key rankings. But MBA programs in Germany are on the rise, not just in rankings but in reputation too. Because of this, the country has become a destination for students looking for quality MBA programs on a budget.

Indeed, because the programs are only a year long, tuition fees are low and so is the opportunity cost of not working. Compare that with the two-year MBA programs in the US, and Germany looks like very good value indeed.

Historically, tuition fees have been rather low in Germany, which has a traditional of free education and fierce competition for students, which keeps fees to a minimum. 

Below you’ll find a list of MBA programs in Germany for students on a budget. 

Pforzheim, Germany 45 Followers 83 Discussions
HS Pforzheim

Hochschule Pforzheim offers an MBA in International Management. Tuition is a bargain and paid on a per-semester basis. Those with business undergraduate degrees can do an accelerated version of the MBA, making it even cheaper. Non-business graduates have to study for four semesters. The school has been accredited by AACSB since 2011, and its location in Baden-Württemberg puts graduates close to German industrial giants such as Porsche, Daimler and Bosch.  

View School Profile
Berlin, Germany 30 Followers 69 Discussions
HWR - Berlin Professional School

The HWR Berlin School of Economics and Law runs a budget, 15-month, AMBA accredited full-time MBA program in English. Students can study abroad in London, Hong Kong, France, the UK and elsewhere in Europe. Its location in Berlin puts MBA students in the heart of one of Europe’s commercial and cultural capitals. And speaking of European capitals, cost of living in Berlin can be comparatively lower than in Paris, London, and others.

View School Profile
Cologne, Germany 12 Followers 5 Discussions
University of Cologne Business School

The University of Cologne Executive School has received “triple crown” accreditation from the AACSB, AMBA and EFMD’s EQUIS awarding bodies. The Executive MBA program is run in partnership with the Rotterdam School of Management in the Netherlands. Being located in the Ruhr Valley, amid large cities in northwestern Germany’s industrial heartland, is good for career opportunities. 

View School Profile
Düsseldorf, Germany 80 Followers 207 Discussions

WHU is without a doubt one of Germany’s top business schools, having been ranked among the best in the world by The Economist magazine and the Financial Times publications. So it is surprising that tuition for the MBA, which is based in both Vallendar and Düsseldorf, is so cheap. 

View School Profile
Leipzig, Germany 70 Followers 196 Discussions
HHL Leipzig

This top business school’s MBA program is ranked by The Economist and is one of the oldest in Germany. The 21 month course can be completed in 15 months, and those who apply before January 31 receive a €3,000 tuition fee reduction. Excellent value for a highly regarded program. 

View School Profile
Berlin, Germany 13 Followers 102 Discussions
ESCP - Berlin

ESCP Europe is spread across the world, and MBA students have the option of doing a portion of their MBA in the German capital city. Spending each of two years at different campuses — in London, Paris, Madrid, Berlin et al — gives the program a truly multicultural feel. The school itself is also triple-accredited. 

View School Profile
Frankfurt am Main, Germany 113 Followers 83 Discussions
Frankfurt School

The Frankfurt School of Finance and Management is extremely good value for money. The school is triple-accredited and considered by the Financial Times as one of Europe’s best business schools. The location in Germany’s financial heart, Frankfurt, means MBA students have consistently gone on to careers at many of the world’s most important and prestigious financial institutions, like the European Central Bank and the German Stock Exchange.

View School Profile
Munich, Germany 9 Followers 25 Discussions

The TUM School of Management runs a triple-accredited Executive MBA taught part-time in both Munich and Beijing with China’s prestigious Tsinghua University. That provides excellent international exposure. In addition, the degree is very customizable, with electives on offer in subjects such as innovation, entrepreneurship and digital transformation. Students learn from well-regarded faculty as well as senior-level practitioners, giving the program a real-world cache. For such a well-regarded EMBA, tuition is a steal. 

View School Profile
Mannheim, Germany 80 Followers 221 Discussions

The Mannheim Business School full-time MBA is ranked as among the world’s best by the FT — an impressive feat that few other German programs have pulled off. It’s also triple-accredited. The tuition fee is far below schools of a similar caliber in Europe, and there’s an early bird discount of €2,000 if MBA aspirants apply by 31 March 2019. 

View School Profile
Bremen, Germany 63 Followers 37 Discussions
IGC Bremen

The University of Applied Sciences Bremen runs an International MBA that is taught in English. The tuition fees are exceedingly cheap, about a quarter of the cost of other accredited programs in Germany. The program is offered through the auspices of the International Business School Alliance, a growing network of globally minded business schools, so the MBA experience truly is “international”. At least one of the schools in the network is accredited by AACSB International, a prestigious awarding body. 

View School Profile

Related MBA News

May 26, 2020

FIND MBA Updates Top 10 Lists by Specialization for 2020

May 26, 2020

More MBA News

Related Articles

Are Astronomical MBA Tuition Fees Coming Back Down to Earth?

Aug 18, 2020

After years of inflation-busting tuition fee increases, elite business schools are finding ways to curb the substantial cost of a full-time MBA

Crowdfunding and Beyond: Novel Ways to Pay for an MBA

Jun 11, 2020

From income share agreements to the ‘bank of mom and dad’, funding pressure has forced students and startups to find creative solutions to finance MBA degrees

Employer Funding for MBAs: Myth or Reality?

Sep 17, 2019

New data show that a substantial number of MBA candidates are being paid by their employers to pursue a pricey graduate business education, but are there strings attached?

How to Get an MBA Degree for Free: Scholarships and Other Funding Sources

Jul 01, 2019

Generous and plentiful MBA scholarships are on offer, while work placements can offset the cost of business degree programs

More Articles

More Top 10 Lists

More Top 10 Lists

Related Discussions

Best MBA in Germany at $20k
May 25, 2023  309  Duncan
Choices: HHL Leipzig, EBS, Pforzheim and ESB Reutlingen
Mar 24, 2023  2,005  Rajat Shar...
Mar 29, 2022  406  Duncan
WHU or Mannheim
Jun 11, 2021  7,375  JL85
Picking an MBA in Germany
May 31, 2021  731  Duncan
MBA in Munich (Part Time)
Feb 16, 2021  272  Inactive User
MBA in Germany - Furtwangen/ESB/Offenburg/HWR Berlin/Bremen
Jan 29, 2021  876  StuartHE
MBA in university or hochschule
Jan 19, 2021  454  Duncan
Professional having 10 years of experience - Want to decide...
Nov 10, 2020  1,292  Razors Edg...
EBS University Germany
Oct 13, 2020  625  Larry
Admitted to ESMT & Mannheim - What is the better choice?
Oct 07, 2020  2,975  Inactive User
MBA in Germany
Jul 08, 2020  2,788  Inactive User
Admission at HFU Business School- MBA (IBM)
Jun 22, 2020  497  Inactive User
MBA in Germany: HHL Leipzig, EBS, Pforzheim, ESB Reutlingen...
May 27, 2020  2,655  Inactive User
MBA Germany
May 18, 2020  979  Razors Edg...
Germany and college degree
Apr 17, 2020  187  Duncan
MBA in Germany / WHU, HHL or not?
Dec 26, 2019  1,339  Duncan
WHU vs HHL for experienced professional with engineering bac...
Nov 25, 2019  1,386  TonySnow
Query regarding TUM
Aug 28, 2019  321  maury
€6,900 German MBA accredited by AASCB - Reutlingen ESB
Jul 31, 2019  1,124  Razors Edg...
Admit from WHU and Frankfurt School of Finance and Managemen...
Jul 31, 2019  1,668  George Pat...
recommendation of top 5 MBA in Germany?
Jul 18, 2019  1,399  Inactive User
MBA in Germany
Jul 02, 2019  339  Inactive User
MBA advice
Jun 25, 2019  821  Inactive User
MBA in Germany / WHU, HHL or not?
Jun 13, 2019  326  Duncan

Go to FIND MBA Discussion Board

Advanced MBA Program Search
KEYWORDS (optional)