FIND MBA - MBA Programs Wordwide

MBA Discussion Board

MBA Discussion Board > Europe > Cost/Value MBA in Germany or Spain RSS Feed

Cost/Value MBA in Germany or Spain

Author Message
benoror

Joined: 18 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 04:52 PM
Hi fellows,

I've been researching about MBAs, mostly in Germany and Spain, since I'm looking for low cost MBA (less than 20,000eur scholarship included) I want to exhaust all the possibilities to make the best choice.

In a nutshell, here are the MBAs I'm interested in:

- Germany: MBA in International Business Consulting, University of Applied Sciences Offenburg
- Spain: CEU, EUDE, UC3M (Carlos III), EAE, EADA, ESIC

I'm more interested in an MBA in Germany (English classes), because I think the cutural impact and overall experience is more valuable.

But I've found most MBAs in Germany quite expensive. My question is: Would you recommend me Offenburg beside the Spain options? Or even another MBA I'm still not aware of?

I would appreciate any suggestions. Thanks!

[Edited by benoror on 19 Feb 2012]

Show ProfileProfile P.M. Quote
jarvan
Joined: 16 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 05:15 PM
Ya an MBA in Germany is more expensive. So what do you want, value for the degree or the cultural experience? You could study in Spain and take vacations in Germany for the "culture". Otherwise, I'd say look to the student mix if you want to get a better feel of the experience you're going to get.

Good luck in making your decision.
Show ProfileProfile P.M. Quote
benoror

Joined: 18 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 06:05 PM
Hi jarvan thanks for your reply.

Indeed, the academic value is still my main consideration, and Germany offers me the oportunity to learn a new language and live a non-hispanic culture (i'm from Mexico), but I feel that Offenburg is far behind some of the Spain MBAs.

I want to take the best overall value of my investment. What do you think?

P.S. What exactly do you mean by "student mix"?

[Edited by benoror on 19 Feb 2012]

Show ProfileProfile P.M. Quote
jarvan
Joined: 16 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 06:39 PM
Spanish is also "another language" :P, but you could take German language classes in Spain, win win right there. If MBA programs in Spain are better than the German one then go for them, seems kind of clear cut, as long as you've done your research.

When I mentioned student mix, i was referring to the nationalities of the students in the program. If 90% of the people in the German program are German, but only say 30% of the people in the Spanish programs are Spanish, then you'd get more exposure to people from other nationalities.
Show ProfileProfile P.M. Quote
Duncan

Joined: 18 Apr 2011
Posts: 6011
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 08:12 PM
If you are more interested in Germany, why do you only have one German school on your list. It seems that you are looking for validation for a choice you have already made.

If you are not German, why would you want an MBA without internationally recognised validation?
Show ProfileProfile P.M. Quote
benoror

Joined: 18 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 08:25 PM
Hi Duncan, thanks for your reply.

That's because it's the only program that falls within my budget, in comparision, Goethe and Leipzig (HHL) are quite expensive, but maybe with a DAAD scholarship I could afford them, what do you think?
Show ProfileProfile P.M. Quote
jarvan
Joined: 16 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 08:29 PM
Spain MBA seems good for you IMO, more options there.
Show ProfileProfile P.M. Quote
Duncan

Joined: 18 Apr 2011
Posts: 6011
Cost/Value MBA in Germany or Spain
Sun Feb 19, 2012 10:08 PM
Here are 32 inexpensive options: bit.ly/wklPAQ But still, there are accredited MBAs for your budget in other countries, like the CEU in Hungary or the CNAM in Paris. There's also www.fh-koeln.de/globalmba

But, really, why not borrow to fund your MBA? An inexpensive MBA will not give you half the career impact of an accredited, well-respected programme.

[Edited by Duncan on 20 Feb 2012]

Show ProfileProfile P.M. Quote
ashish07
Joined: 10 Feb 2012
Posts: 14
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 02:28 AM
Hi Duncan,

How do you think EADA International MBA for Benoror.As his budget is around 20,000 euros, and EADA MBA was one of the top 100 MBA since last 5 years.

How others suggest ?
Show ProfileProfile P.M. Quote
Duncan

Joined: 18 Apr 2011
Posts: 6011
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 06:33 AM
I think it depends on where he wants to work. For returning to Latin America, Spanish schools are great. But his career goals have not been stated.
Show ProfileProfile P.M. Quote
benoror

Joined: 18 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 06:38 AM
Hi again,

Thank you all for your comments. Indeed I would like to return to Mexico, in conclusion I found EADA and UC3M the most valuable options right now.

Thanks again!
Show ProfileProfile P.M. Quote
Duncan

Joined: 18 Apr 2011
Posts: 6011
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 06:47 AM
I would also look at: www.egade.mx/wps/wcm/connect/EBS/EGADE+Business+School/Acade…
Show ProfileProfile P.M. Quote
benoror

Joined: 18 Feb 2012
Posts: 7
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 06:50 AM
EGADE is a great business school. I actually studied college in Tecnologico de Monterrey. But right now I'm looking for and international experience. Thanks!
Show ProfileProfile P.M. Quote
_
Joined: 23 Jul 2011
Posts: 449
Cost/Value MBA in Germany or Spain
Mon Feb 20, 2012 07:06 AM
Hi Duncan, thanks for your reply.

That's because it's the only program that falls within my budget, in comparision, Goethe and Leipzig (HHL) are quite expensive, but maybe with a DAAD scholarship I could afford them, what do you think?


If you consider german schools and you have problems with raising funds you might consider the Whu Concept funding and also a similar option by GISMA (I think that only in German such options are offered)
Show ProfileProfile P.M. Quote
ralph

Joined: 07 Jul 2009
Posts: 1006
Cost/Value MBA in Germany or Spain
Tue Feb 21, 2012 02:46 AM
Career Concept Bildungsfonds are indeed available to international students at many programs in Germany. Check with the individual programs for requirements - but these are usually loans, and if you're an international student you normally require a co-signer.

Hi Duncan, thanks for your reply.

That's because it's the only program that falls within my budget, in comparision, Goethe and Leipzig (HHL) are quite expensive, but maybe with a DAAD scholarship I could afford them, what do you think?


If you consider german schools and you have problems with raising funds you might consider the Whu Concept funding and also a similar option by GISMA (I think that only in German such options are offered)
Show ProfileProfile P.M. Quote
_
Joined: 23 Jul 2011
Posts: 449
Cost/Value MBA in Germany or Spain
Tue Feb 21, 2012 05:17 AM
Career Concept Bildungsfonds are indeed available to international students at many programs in Germany. Check with the individual programs for requirements - but these are usually loans, and if you're an international student you normally require a co-signer.

Hi Duncan, thanks for your reply.

That's because it's the only program that falls within my budget, in comparision, Goethe and Leipzig (HHL) are quite expensive, but maybe with a DAAD scholarship I could afford them, what do you think?


If you consider german schools and you have problems with raising funds you might consider the Whu Concept funding and also a similar option by GISMA (I think that only in German such options are offered)


Hi Ralph,
no co-signer is required here

www.whubraincapital.de/Language/English/

It's interesting because you pay a fixed % of your income ONLY if you have a job (with a maximun pay and even a minimun...if your yearly income falls under 33000e/y you owe nothing)
www.whubraincapital.de/Artikel/7/2/Choice/
Show ProfileProfile P.M. Quote
ralph

Joined: 07 Jul 2009
Posts: 1006
Cost/Value MBA in Germany or Spain
Tue Feb 21, 2012 03:56 PM
Indeed, no co-signer is required for that program, but it's limited to EU citizens.

Hi Ralph,
no co-signer is required here

www.whubraincapital.de/Language/English/

It's interesting because you pay a fixed % of your income ONLY if you have a job (with a maximun pay and even a minimun...if your yearly income falls under 33000e/y you owe nothing)
www.whubraincapital.de/Artikel/7/2/Choice/
Show ProfileProfile P.M. Quote

Reply to this post

Related Programs

Related Articles

MBA Programs in Germany: A Gateway to Europe
How an emerging class of top German business schools is helping international students tap into the country's growing economy
By M. Filtz
MBA Programs in Germany: Don’t Let The Rankings Fool You
Germany's ambitious business schools are set to compete in Europe and globally
By V. Wish

More Articles